Manik Gosain

Experience

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  B M Chatrath & Co.

  Jul 2001 - Jan 2003

  Assistant Manager

  Provided assurance, consultancy services and supported in statutory audits of various local and multinational companies in India. During this tenure, we had successful negotiations for loans for two major corporates and winding up & repatriation of equity for an NBFC

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  Bharat Hotels Limited India

  Jan 2003 - May 2004

  Senior Accounts Executive

  Main activitiesVendors management & preparation of Budgets & Monthly ForecastingBalance Sheet Consolidation for the entire Group & Cash flow statements Liasioning with Statutory & Internal Auditors.Foreign Payments of Commission, Royalty, Management Fees, etc.AchievementsClearing the vendor payments backlog of six monthsImplemented the Monthly Departmental Review rhythm

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  Genpact Limited India

  Mar 2005 - Jan 2006

  Assistant. Manager, Financial Planning and Analysis

   Preparing and reviewing the yearly business plans for support functions with CFO & business leaders Supervising the vendor payments of Genpact, development & implementation of internal controls AchievementsGold Award from Business Leader for Process Improvement and scenarios building for OP Plan to take informed decisions depending upon the present & future risks & opportunities Developed & Implemented Effective Score Card Reporting System across locations for Logistics Received the President Award for contribution towards successful completion of Jaipur Office Mostrar menos

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  WNS Global Services Limited India

  Jan 2006 - Oct 2007

  Service Delivery Manager, Financial Planning and Analysis

   Transition of FP&A process for Electronic Arts (one of the largest gaming companies in world).  Team member for reflecting the change in accounting policy for revenue deferment  Prepared SOP manual for EA’s studios & US FP&A team within assigned company business operations Provided support to US FP&A team for monthly close activities and quarterly reporting

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  GE Capital

  Oct 2007 - Jan 2011

  AVP, Financial Planning and Analysis

  As an FP&A manager was involved in integration & development of processes that meet business needs across organization, manage complex issues within functional area of expertise Responsible for preparing and communicating quarterly closing/estimates & develop reliable estimates of costs, cash & key working capital accounts … NI target met/exceeded  Work with functional & business leaders to understand & drive opportunities for Growth and managing cost … lead & provided analytics on sale/transfer of mortgage and personal loans portfolio and drove costs out of $1MM (10% of annual budget) Identifying risks & opportunities during each quarter and leading team in mitigating risks and capitalizing on opportunities … fixed rate loans to manage cost of funds, savings of $10MM Mostrar menos

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  GE International Inc

  Jan 2011 - May 2013

  Associate Auditor

  Corporate Audit Staff (CAS) is an intensive leadership program designed to provide high potential employees with intensive on-the-job development opportunities, extensive contact with the different businesses within GE, and valuable personal contacts with Senior GE leaders across the globe. Reviewed adequacy of internal control environment within assigned company business operations & provide remedial solutions to improve effectiveness of internal controls management … additional inventory obsolescence reserves of $10MM and revised obsolescence policy for GEIP Monitored status of mgmt. corrective action plans to ensure process & control issues have been remediated…review of tagging of Fixed Assets for GE Lighting resulted add’ l charge of $15MM Assisted Internal Audit leadership team on department/corporate-wide initiatives & ad-hoc special projects…team member for reviewing GE Capital- Capital Plan submission as per US FED guidelines Mostrar menos

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  Mubadala GE Capital

  May 2013 - Oct 2015

  AVP-Finance

  GE Capital has invested $2.5bn in Mubadala GE Capital (50:50 JV between GECC and Mubadala Development Company), which is engaged in providing commercial finance to large, mid-market, small corporate and high worth individuals across the globe. My role is to manage GECC investment from financial point of view which includes planning/budgeting, monthly/quarterly closing, financial controllership, manage key business changes (asset transfers/business shares), negotiate servicing fees payable to GECC for assets servicing, resolving tax issues of SPVs in varied jurisdictions. Also act as GE Capital ambassador to highlight any financial or compliance risks within JV that would impact GE’s shareholder interest and liaison with Finance PMO & compliance functions to drive improvements Lead tri-annual GE Capital planning cycles and US Federal stress testing covering assessment of the FED scenarios on profitability of the company Ensuring the reported financial meets the US GAAP & SOX requirements … 0% SOX issues as per GE Capital Internal Audit team  Developed & implemented 50+controls to improve GE Capital controllership processes enabling increased accuracy & timelines, including implementation of monthly $2B JV balance reconciliation Defining roles and responsibilities for new hires (5+) and providing sign off on Standard Operating Procedures for outsourced work … reduced late FED submissions from 20% to 0% Work with functional and business leaders to understand & drive opportunities for Growth and managing cost … lead and provide analytics for new biz segment deals  Drive simplification and best practices of GE Capital and JV processes including: financial consolidation & reporting, reconciliations, business share accounting, planning cycles … reduced manual touch points on accounting/reconciliations of loans provided to MGEC JV Mostrar menos

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  GE

  Oct 2015 - now

  FP&A Leader

  Global Operations ($1.5B+ cost footprint for ~8000 employees across 5 global centers & 12 regions) is the global Shared Services arm of General Electric providing support services (like Finance, Supply Chain management, HR, Legal, etc.) to all the GE businesses. My responsibilities include driving unit cost discipline, pricing for new services, long term financial planning, project funding & fund allocation and analysis of financial results, legal compliance, company audits  Lead tri-annual GE planning cycles for both Operating Profit and Cash Flow planning for Global Ops and developed various scenarios / actions needed to drive cost out Developed & implemented revised pay-roll cycle for employees & account payables to improve overall employee / vendor experience, leading to improvement in cash flow estimation Work with functional and process leaders to understand & drive opportunities for Growth and managing cost … lead and provide analytics for new processes & opportunities for cost out  Drive simplification and best practices from previous learnings in GE Capital including: financial consolidation & reporting, reconciliations, business share accounting, planning cycles  Re-engineered reporting process Mostrar menos