VENNEELA BALASINGAM
SENIOR FINANCE & BUSINESS ANALYST
Summary
Dynamic Senior Business and Finance Analyst with IBM Global Services, adept at stakeholder management and data analysis. Proven track record in enhancing operational efficiency and delivering actionable insights through advanced forecasting and planning. Skilled in SAP and analytical thinking, driving strategic decision-making and optimizing business performance.
Overview
18
18
years of professional experience
5
5
Languages
Work History
Senior Business Analyst - SG Hub Statutory & Tax
IBM Global Service Pte Ltd
01.2016 - Current
- Managed stakeholder expectations through transparent communication and timely status updates, ensuring alignment between project deliverables and business objectives.
- Collaborated with cross-functional teams, ensuring a cohesive approach to business analysis.
- Supported leadership team with reporting, analysis, and business presentations to inform divisional strategies.
- Ensured adherence to regulatory requirements.
- Interacted with internal customers to understand business needs and translate into requirements and project scope.
- Updated and developed queries to extract and analyze data from multiple sources.
- Developed customized reports, summarizing and presenting data in visually appealing format.
- Identified patterns and trends in large data sets and provided actionable insights.
- Deployed predictive analytics models to forecast future trends.
- Generated standard and custom reports to provide insights into business performance.
Senior Financial Analyst - SG Hub GTS
IBM Global Services Pte Ltd
06.2012 - 12.2015
- Provided valuable insights by leading monthly variance analysis reviews between actual results and budget/forecast expectations.
- Developed comprehensive financial models that informed strategic decision-making for the organization.
- Supported annual budget planning, collaborating with various departments.
- Conducted detailed financial analysis to identify trends and potential areas of improvement.
- Assisted in preparation of presentations, data tables and other documents for senior leadership.
- Improved budget forecasting through meticulous monitoring of expenses and revenue streams.
- Increased financial accuracy by conducting in-depth analyses of financial data and trends.
- Enabled informed decision-making by presenting key findings from complex data sets in clear, concise formats for senior leadership team members.
- Collaborated with cross-functional teams to drive operational efficiency.
- Ensured compliance with regulatory requirements through diligent review of financial documents and reports.
- Created and maintained precise and accurate models, charts and reports.
Accounting Analyst
IBM Malaysia
10.2007 - 05.2012
- Streamlined accounting processes for increased efficiency and reduced errors.
- Reduced month-end closing time through streamlined account reconciliations and process improvements.
- Mentored junior team members, sharing knowledge and expertise to promote professional growth within the department.
- Assisted external auditors during annual reviews, providing detailed documentation and clarification on complex accounting issues.
- Reconciled accounts and resolved both internal variances and discrepancies in external documentation.
- Enhanced financial accuracy by conducting thorough analysis and reconciliation of accounts.
- Maintained up-to-date knowledge of accounting regulations, industry standards, and best practices through continuous professional development activities.
- Improved financial reporting timeliness by automating data input and report generation tasks.
- Increased interdepartmental collaboration by fostering strong relationships with cross-functional teams in support of business objectives.
- Collaborated with statutory and tax teams to support preparation of company financial statements and tax returns.
- Prepared quarterly balance sheet reconciliations to obtain accurate picture of organization's financial situation.
- Provided valuable insights to management, supporting strategic decision-making with comprehensive financial analysis.
- Analyzed aging reports to identify trends and patterns causing missed collections.
- Prepared spreadsheets using formulas, V-lookup and other intermediate and advanced Microsoft Excel skills.
- Leveraged accounting and finance experiences and expertise to identify, propose and implement automated solutions and reduce manual processes.
- Handled day-to-day accounting processes to drive financial accuracy.
- Presented audit findings to accounting manager after reviewing results and paperwork.
- Reconciled accounts, managed audits and updated financial records with remarkable accuracy.
Education
Professional Degree - Accounting And Finance
Association of Chartered Certified Accountants
UK 04.2001 -
Skills
Stakeholder management
Data analysis
Forecasting and planning
Pivot tables
Operations analysis
SAP
Analytical thinking
Workflow Analysis
Business planning
Timeline
Senior Business Analyst - SG Hub Statutory & Tax
IBM Global Service Pte Ltd
01.2016 - Current
Senior Financial Analyst - SG Hub GTS
IBM Global Services Pte Ltd
06.2012 - 12.2015
Accounting Analyst
IBM Malaysia
10.2007 - 05.2012
Professional Degree - Accounting And Finance
Association of Chartered Certified Accountants
04.2001 -