Kamal Daswani has over 14 years of experience in financial planning, accounting, reporting, budgeting and operations, including 7 years of international experience working for a fruit export company in Brazil. He is currently a Manager at IBM India Pvt. Ltd. in Bangalore, where he leads a team of 18 analysts and oversees financial operations and reporting. Prior to his current role, he held various financial and management positions with increasing responsibility at IBM Daksh Business Process Services Pvt. Ltd. He has a strong track record of improving processes, implementing controls and maximizing profits.
An Accounting and Financial Professional that improves financial controls, procedures and processes to improve asset protection, financial reporting and financial performance.
Specialties: acquisitions, adp, auditing, balance, budgeting, business management, closing, consolidations, due diligence, financial, financial analysis, financial statements, forecasting, general ledger, inventory management, management, microsoft excel, microsoft office, microsoft outlook, microsoft powerpoint, microsoft word, office management, organizational skills, policy analysis, presentation skills, process engineering, sales, staff development, year end accounts,
An Accounting and Financial Professional that improves financial controls, procedures and processes to improve asset protection, financial reporting and financial performance.
Specialties: acquisitions, adp, auditing, balance, budgeting, business management, closing, consolidations, due diligence, financial, financial analysis, financial statements, forecasting, general ledger, inventory management, management, microsoft excel, microsoft office, microsoft outlook, microsoft powerpoint, microsoft word, office management, organizational skills, policy analysis, presentation skills, process engineering, sales, staff development, year end accounts,
Finance MBA professional w/15+ years of experienceAmit Biswas
Throughout my career I have managed FP&A, including the deployment of Hyperion Planning ERP system, developed complex modeling, valued acquisitions and divestitures. Analysis and modeling have always been my core strength complimented by extensive experience in accounting.
I have always been considered a valuable partner as I work closely with the businesses I support, and continuously strive to improve profitability with out-of-the-box thinking, and mentoring cross-functional teams.
During my career, I have been fortunate to work for Fortune 100 companies and a technology start-up, where challenges are an everyday event.
Additionally, I have had the pleasure of starting and managing my own business as a franchisee responsible for all facets of a small company - sales, marketing, operations, cash flow, people management and much more.
1. KAMAL DASWANI
Mobile: +91- 9845407207, 080 49539054
E-Mail: kamaldaswani@gmail.com
SENIOR MANAGEMENT PROFESSIONAL
Finance & Planning ~ Operations ~ Budgeting
Versatile, high-energy professional, successful in achieving business growth objectives within turnaround & rapid
changing environment
PROFILE SUMMARY
Diversified experience of over 14 years’ in Financial Planning, Accounts, Reporting, Budgeting and Operations including 7
years of International experience with Brasfruit Exp. E Imp. Ltda., Brazil (Papayas & Mangos exportation Company based
in Brazil). Holds the distinction of establishing consistent business practices, enhancing controls for credit risks, and
building staff morale at a time of financial distress; instituted controls and accountability throughout the entity. Proven
ability to improve operations, impact business growth & maximize profits through achievements in finance management,
cost reductions, internal control & productivity.
Recognized as a Talent Spark in IBM (top 10% performers in the corporation) and received the ITS/MTS Finance Value
Award for correction of the $18.0 million revenue error. Successfully held trainings on various subject matter relating to
Spending, Expense and Gross Profit, etc. Proficient in conceptualizing & implementing financial procedures, including
working capital management, internal financial controls & costing. Effective leader with excellent motivational skills to
sustain growth momentum while motivating peak individual performances.
CORE COMPETENCIES
Heading finance functions involving determining financial objectives, designing & implementing systems, policies &
procedures to facilitate internal financial and process controls
Designing business strategies for maximizing the profitability & revenue generation and realizing corporate goals
Preparing & monitoring statutory books of accounts, bank reconciliation, party reconciliation and consolidated reports
in compliance with time & accuracy norms
Formulating annual budgets; conducting variance analysis to determine difference between projected & actual results
and implementing corrective actions
Monitoring inflow / outflow of funds; taking adequate measures to ensure optimum utilisation of available funds
towards the accomplishment of organisational objectives
Overseeing the preparation of MIS reports and the reconciliation statements as well as undertaking the analysis to
assist top management
ORGANISATIONAL EXPERIENCE
Since Feb’08 with IBM India Pvt. Ltd., Bangalore as Manager
Growth Path:
Feb’08 - Jun’09 as Team Lead with IBM Daksh Business Process Services Pvt. Ltd.
Jun’09 - Jun’11 with as Assistant Manager with IBM Daksh Business Process Services Pvt. Ltd.
Jun’11 - Jun’13 as Deputy Manager with IBM Daksh Business Process Services Pvt. Ltd.
Jun’13 - Dec’13 as Manager with IBM Daksh Business Process Services Pvt. Ltd.
Since Jan’14 with as Manager with IBM India Pvt. Ltd.
Key Result Areas:
Leading a team of 18 Financial Analysts to ensure efficiency in finance operations and supporting Infrastructure
Services & Technical Support Services, UKI
Supervising Deep Dive Contract Analysis (Revenue & Cost) as well as balance sheet items (Deferrals & Accruals) with
the help of the team
Determining financial objectives and preparing & implementing systems, policies & procedures to facilitate internal
financial control in the areas of pricing, credit & collection
Evaluating the accuracy of financial records administrative efficiency & effectiveness for various functions and making
suggestions for additional controls/changes, where necessary
Conducting internal process audits & process reviews for ensuring strict adherence to the process parameters /
systems as per defined guidelines
Providing feedback to the process associates based on quality audits and rendering suggestions for improvement
Managing various financial documents included balance sheet and state of changes in net assets, financial highlights
and notes to financial statement
Ensuring compliance to the accounting systems & procedures in place; supervising the timely preparation of statutory
books of accounts and finalized yearend financial statements
2. Handling IT requirements of the company in terms of defining the process, controls to prevent revenue leakage, reports
required to be generated for business support
Catering support to the operations in various spheres of business like exploring various opportunities for saving cost,
setting up internal controls to prevent revenue leakage, partnering in growth initiatives, etc.
IBM Daksh Business Process Services Pvt. Ltd.
Handled a team of 6 members, which had been the only team with the least attrition levels and a consistent “green”
viewpoint score for 3 consecutive years
Initiated a process improvement ‘Deep Dive Analysis’ so that the contracts analyzed by Financial Analysts were
automated & standardized; currently in the define phrase of DMAIC
Interacted with stakeholders (U.S.A.) to understand engagement expectations & assess needs; anticipated & identified
stakeholder issue / concerns and proactively provided advice & recommendations
Identified & rectified a revenue vs cost miss-match issue of approx $18.0 million by using US GAP (Cisco MVS Analysis)
Act as Subject Matter Expert on systems like Hyperion Brio, Query Machine Facility (QMF) and Hyperion Essbase and
provided guidance & solutions on spend forecasting / issues to clients in the U.S.A.
Conducted investigative analysis; prepared request for proposals / enquiry documents and project documentation for
project items
Executed projects for improving operating efficiency and handled project evaluation of investments
Oversaw financial statements including trial balance, profit & loss A/c, age-wise accounts payables & receivables
statements and balance sheets
Achievements:
Recognized as a Talent Spark (amongst top 10% performers) during 2009 - 2012
Augmented with the Star Award for Process Improvements in 2009
Receivedthe ITS/ MTSFinanceValueAward from the FinanceDirectorof U.S.A. Mr. JoshuaGeballeforcorrectionof the $18.0
million revenue error in 2009 (Cisco MVS Analysis)
Awarded the Star (Super Talented Achiever) for contribution in re-engineering the process and bringing about new ways of
working in 2008.
Successfully launched new business initiatives such as initiation of a new forecast template for SGA analysis by providing a
complete solution in terms of accounting & finance and improved the F&P team’s ability to forecast SGA variables
Provided trainings on subject matter relating to Spending, Expense and Gross Profit which improved forecast metrics by 20-
30% in accuracy
Jan’01 - Dec’07 with Papayas, Brasfruit Exp. E Imp. Ltda., Brazil as General Manager
Key Result Areas:
Handled the Mango Farm in Casa Nova (Bahia) and looked after Operations, Finance, Processing, Packaging, Sales &
Distribution or Accounts Receivables & Payables, etc.
Modernized the whole papaya operation and tripling of the papaya production
Increased sales and profit margins exponentially due to the key improvements
EDUCATION
2012 P.G.D.F.M. from SVKM’s Narsee Monjee Institute of Management Studies, Mumbai
2010 P.G.D.F.M. from IILM, Gurgaon
2000 B.Com. from St. Josephs College of Commerce, Bangalore, Bangalore University
CERTIFICATION
Completed Six-Sigma and various Yellow Belt Certifications for the cost reductions in IBM India Pvt. Ltd. & IBM Daksh
Business Process Services Pvt. Ltd.
TRAININGS ATTENDED
Attended various trainings on Situational Leadership and other Soft Skills
TECHNICAL PURVIEW
Proficient in SME on Hyperion BRIO, Hyperion Essbase, Cognos TM1 & QMF 11.1
Well versed with MS Office (Word, Excel, PowerPoint) and Internet Applications
PERSONAL DETAILS
Date of Birth: 4th December 1978
Address: No. A 2 - 101, Century Commanders Vista, Ananthapura Village - Hubli, Yelahanka New Town,
Bangalore - 560064, Karnataka
Languages Known: English, Portuguese and Hindi
Location Preference: Bangalore, Latin America, Europe, Singapore, Hongkong, Dubai and U.S.A.