Siddhant Chavan
Team Lead Technology Performance Management @BMO
Signup · Get unlimited contacts
WORK HISTORY
Team Lead Technology Performance Management @BMO
Toronto, ON, CA
Lead a team of 8 Onshore and Offshore Analysts that manage the labour side of financial planning & performance, and support month-end, quarter-end, and year-end closing processes, including financial reporting and financial governance.• Serve as a first point of contact and solutions for Vendors (200+), Supplier Managers, Lead Financial Officers and line of business teams to TechFinance\'s Accrual Verification to ensure the effective and smooth flow of business, cost booking to the designated cost centre• Support an efficient accounting function that uses Clarity Project management, COUPA spend mgmt software as information sources and accrual accounting to reduce ongoing costs, and assesses software capitalization for the group, via Clarity software and controllership booking.• Establish robust project management internal controls to mitigate the risk of misstated financials, effectively preventing $3 million in potential discrepancies each month.• Executed the implementation of strategic initiatives to improve accrual accuracy; including documenting SOP, improvement of SOX controls, reviewing Cost Centre/General Ledger and timing mismatches, variable contracts tracking, closing contracts, among many others that improve accuracy of accruals.• Authority to approve invoices upto CAD 10k through Tech Finance team• Built a healthy organizational culture and excellent feedback, and effective relationships with stakeholders.
EDUCATION
Corporate Finance Institute® (CFI)
Business Valuation Modeling, Corporate Finance
Corporate Finance Institute® (CFI)
Introduction to Corporate Finance, Banking, Corporate, Finance, and Securities Law
Corporate Finance Institute® (CFI)
Financial Analysis Fundamentals, Corporate Finance
University of Mumbai
Master's of Commerce, Business Administration and Management, General
Corporate Finance Institute® (CFI)
Budgeting and Forecasting Course, Corporate Finance
Institute of Management Accountants (IMA)
Certified Management Accountant, Accounting and Finance
Corporate Finance Institute® (CFI)
Financial Modeling & Valuation Analyst (FMVA), Finance
Seneca Polytechnic
International business management, International Business, Trade, Commerce and Law
Corporate Finance Institute® (CFI)
Accounting Fundamentals, Accounting and Business/Management
Institute of Management Accountants (IMA)
Certified Management Accountant, Accounting and Business/Management
University of Mumbai
Bachelor of management studies- BMS, Finance
Corporate Finance Institute® (CFI)
Fixed Income Fundamentals, Investments and Securities
ABOUT SIDDHANT CHAVAN
I have been working at the Bank of Montreal as a Financial Analyst and currently a Team Lead in the Technology Performance Department for the past 3 years. I am adaptable and results-driven professional with a demonstrated history of working for 6 years in FP & A, Cost accounting, Month-end reporting, and Management Accounting area. Skilled in Financial Planning & Analysis, cost controlling and cost management, Leadership & negotiations and Project Management. Equipped with latest skills and certifications like the US-Certified Management Accountants, Certified in Strategy and Competitive Analysis (CSCA), CFI-FMVA, Data Analytics and Visualisation. With a strong entrepreneurial spirit, I thrive on critical thinking, innovation, and continuous improvement. I have deep understanding of the various business processes and how to run operations and budgets efficiently.I am a Certified Management Accountant (CMA) and a Certified in Strategy and Competetive Analysis (CSCA)with a Post-Graduate Certificate in IBS from Seneca College in Toronto, Canada.
This profile is compiled from publicly available professional sources. Unifers is not affiliated with or endorsed by LinkedIn. Request removal of this profile.