Deepa Kochiyil

Deepa Kochiyil

Accounts Executive

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location of Deepa KochiyilMumbai, Maharashtra, India

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  • Timeline

  • About me

    Vice President - Operations | Finance Transformation Consultant | Chartered Accountant ✔

  • Education

    • The Institute of Chartered Accountants of India

      1999 - 2001
      Bachelor of Commerce (B.Com.) Business/Commerce, Hons
    • Symbiosis Institute of Management Studies

      2003 - 2004
      Master of Business Administration (MBA) Finance, General
    • Delhi University

      1999 - 2001
      Chartered Accountant Accountancy
  • Experience

    • American Express Bank Ltd

      Jan 2004 - Dec 2005
      Accounts Executive

      ◄ Accounts Executive at American Express Bank Ltd., India. ►▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Reporting to Finance Manager in this role, I played the role of a senior assistant considering my qualifications and prior experience, responsible for handling day to day accounts and finance activities.I worked in conjunction with the Head of operations and worked in a team of 10+ proactive finance professionals who consolidated reports at end of day every day and sent to senior management.Organized work, attention to detail and precision and integrity were some of the Key Result Areas I was expected to upkeep.Managing a daily budget of $ 2K USD on a daily basis, I was expected to exercise care and confidentiality in dealing with department heads and employees in all matters.Being my first job, this role helped me in building a strong foundation for future roles to come.My responsibilities included:► Managing day to day operation of the finance department and coordinating data with daily timesheets and expenses systems.► Upkeeping sales and purchase ledgers respectively besides managing data input of third party costs, invoices and remittances.► Cross-checking systems and paperwork and effectively reporting all finance and accounts transactions to senior managers and Head of Operations.► Maintaining confidentiality and integrity at all times and working in sync with core HR personnel for effective payroll disbursement every month.► Participating in Taxation reporting sessions, Company audits and discussions to do with statutory compliance thereby effectively improving my skills and knowledge in the subject. Show less

    • Bharti Airtel Ltd

      Jan 2006 - May 2008
      Senior Executive- Finance and Accounts

      ◄ Senior Executive- Finance and Accounts at Bharti Airtel Ltd., India ►▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ As Senior Executive Finance and Accounts, I was committed to achieving P&L targets and performing cohesively in a team of 8 professionals who solely aimed at better profits.Bharti Airtel, a leader in Telecom industry, known for their superior HR policies offered a conducive environment for me to learn and grow simultaneously.I also improved on my finance analytical skills in this role and learned the art of generating easy and foolproof reports for senior management.I reported to Finance Manager and directly contributed to generating cost savings worth $ 10 Million USD.My core responsibilities included:► Preparing profit forecast reports, studying traffic and identifying potential problems besides devising their possible solutions.► Ensuring accurate and timely preparation of monthly International Long distance (ILD) Management Accounts and Performance Analysis (MAPA).► Performing extensive analysis of various P&L parameters reported in MAPA; making a comparative study of MAPA Vs. Budget and preparing analysis reports.► Preparing Flash & Forecast Reports & analyzing variances in forecasted vs. Actual Budget.► Tracking of monthly budgets for each function and inform Functional Heads regarding any deviation or possibility of deviations from NFAs.► Preparing miscellaneous Analysis reports related to ILD operations from time to time need basis.► Coordinating with other team members, communicating problems and issues effectively and helping my reporting manager in coming up with effective solutions.► Monitoring performance of junior team members and keeping my reporting managers aware of the same.► Coaching and mentoring my juniors as and when needed to ensure we were consistent at performance and achieving organizational goals. Show less

    • Colt Technology Services

      May 2008 - Jul 2017
      Senior Manager

      My journey with Colt began way back in year 2008 when I joined them as Lead Analyst in May 2008. In Jan 2010, I got promoted as Senior Lead Analyst.In Jan 2012, I became a Consultant and Subject Matter expert with them and in Jan 2014, was promoted as Manager- Finance.At present, I am the "Associate Senior Manager" since Jan 2015 and I am managing a team of 18 qualified accountants.I played a vital role in recognizing cost leakages, making tool for corrective actions and improving profitability overall with an approximate impact of over € 3m.My other key achievements include:► Implementaion of end to end SAP BPC financial Systems in company. ► Administering costs through process improvement programs and releasing year-on- year productivity through SG&A reduction by 10% year on year.On the whole, a total saving of €2mn in 2016 Travel costs was achieved by analysis of travel – employee wise and reporting of policy deviations to senior management. This analysis and reporting led to change in travel policy which further enhanced profitability for the organization.Other core responsibilities in my present role include:► Managing team of 18 accountants effectively, setting performance benchmarks, monthly, quarterly and annual targets and ensuring we meet deadlines with accuracy.► Helping my team in effective regulatory reporting and auditing activities as well as in managing budgets and controlling costs within the given framework.► Attending international conferences and finance related seminars and building a positive reputation for COLT at all times.► Ensuring effective financial reporting, planning and scheduling of work on a daily, weekly, monthly and annual basis respectively. Show less

    • Bank of America

      Dec 2017 - now
      Vice President

      ◄ Finance Transformation professional , at present, VP- Operations at Bank of America Continum Pvt. Ltd. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬  Leading transitional initiatives for processes as per business requirements with an effective know-how of business operations & technology function; skilled in business process analysis, optimization, automation & process re-engineering Providing leadership, strategic consultation & guidance on risk factors and developing risk management frameworks; leading the automation initiatives to improve efficiency, increase cost saving and control accuracy Driving project execution including direct leadership and using Operational Excellence methodologies; ensuring timely delivery of multiple projects as per requirements of compliance, quality, time and cost parameters Rendering leadership in formulating employee engagement initiatives and leading multiple programs on leadership & empowerment  Enterprising leader with excellent communication & people management skills for leading personnel towards accomplishment of common goals  Proficiency in devising & implementing policies, procedures and guidelines concerning the department’s financial planning and variance monitoring activities; developed a range of financial and management reports emphasizing on variance analysis and improvement strategies Show less

  • Licenses & Certifications

    • SAP BPC

      SAP