Ajay Vaddi

Ajay Vaddi

Works at:

Amazon

Location in:

London, United Kingdom

Ajay Vaddi

Ajays connections

Currently

Works at:
Amazon
Location in:
London, United Kingdom

Bio

A highly-motivated, results oriented and creative professional with diverse experience in Financial Services, Retail and Automotive industries. While I enjoy all aspects of my job, I think I enjoy working in diverse and cross-functional teams on a global scale for accomplishing productive and high quality work. I’m proficient at effectively analyzing the data, recognizing the problems and developing a strategy to fix the problems. Also well-skilled at working in fast-paced environments that demand strong organizational and interpersonal skills.

Areas of expertise include:
• IT Design, Development and Implementation.
• IT Strategy
• Business Intelligence
• Project Management
• Client Management
• Process Improvement
• Strategic Planning
• Financial Planning, Analysis & Reporting
• Business Decision Support
• Analytics using SPSS, SAS, SQL, Excel, ETL

Ajay speaks

  • English, Telugu, Hindi, Tamil, Spanish

Ajay has experience in

  • Consumer goods
  • Financial services (incl. insurance, mortgages, retail banking)
  • Services - legal, PR, marketing, accounting
  • Technology

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Work

2014 – present

Senior Finance Analyst

Amazon , United Kingdom
  • Analytics • Designed and implemented excel based analytics templates to emphasize on improved cash flows, controllership and vendor experience; resulting in 5% improvement in vendor experience for January 2015
  • Process Automation • Lead for the United Kingdom Vendor Returns and Dispute Management vertical focusing on streamlining operations by use of automation and standardization; the goal is to reduce vendor related disputes by 20% in 2015 vs. 2014
  • Credit Risk Analysis • Engineered risk-based transaction model for identifying fraudulent vendor return transactions; the objective is to reduce the write-offs due to fraudulent vendor transactions by £5 million in 2015
2014
(Mar – Dec)

Financial Analyst II

Amazon , United States of America
  • Data Mining • Responsible for database design, Data warehousing and business intelligence tools interface for Project SWORD – Standard Worldwide Operations Reporting Data project; to fulfil the goal of global automation and standard reporting of Amazon financials worldwide
  • Financial Planning • Designed financial planning tools for forecasting security, janitorial and utilities expenses accruals for month end reconciliations; resulted in an forecasting accuracy of 5% variance to actual expenses
  • Operational Support • Partnered and provided ad hoc analytical support to the business partners on the day-to-day business activities including Kaizen’s, evaluating business proposals, etc.; resulting in operational improvements and a cost savings of $1million
  • Risk Awareness • Partnered with Learning team and designed learning documents covering different aspects of risk management spanning customer risk prevention, fraud detection, identity theft prevention, dispute management and global payment processing
  • SQL Analytics • Developed an SQL and excel based tool for evaluating risk for certain orders that go through Amazon ordering pipeline; resulting in a 25% reduction of buyer bad debt purchases
2013
(Jun – Aug)

Summer Intern

Magna Steyr , United States of America
  • Financial Modeling • Prepared an excel report using pivot tables detailing Magna supplier base company’s risk rating, financial history, relevant ratios, and pay history; producing accurate, clear and categorized operational financial reports used by managers for approving the line of credit
  • Forecasting • Analyzed cost drivers of top 3 product lines for 11 commodities across North America, South America, Europe and Asia regions; resulting in an in-house cost analysis model for better forecasting and negotiations with the suppliers
  • Controllership • Rotated through three departments learning about lease origination, credit underwriting, and documentation of leases; implemented process improvements for monitoring compliance of internal financial reporting controls resulting in $200k cost savings
  • Technology Consulting • Managed integration of global logistics and supply chain management initiative across 11 Magna Powertrain locations, coordinating movement of automotive parts from Mexico, Asia, Europe to U.S.A.; resulting in a cost savings of $3 million
  • Currency Hedging • Coordinated all audits (external, internal, and Sarbanes Oxley) and developed a currency hedging framework for South American purchases; resulting in a cost avoidance of $350k
2007 – 2012

Business Analyst / Project Manager

HSBC , India, Malaysia, United States of America
  • • Technical Analyst for Source System Conversion Tanche-1 and Tranche-3 of Finance Transformation Project (FTP), Europe.
  • • Finance Transformation Program is HSBC group’s solution for Accounting and General Ledger transactions and to be used as a single source for General Ledger transactions globally.
  • • Delivered an e-Invoicing interface to facilitate the automated flow of invoices between the Accounts Payable and Purchasing systems (Ariba Supplier Network) resulting in a significant reduction of manual processing, processing errors and providing a cost savings through increased automation and staffing efficiencies.
  • • Provided innovative and cost effective solutions in an efficient and timely manner to fulfill customer business requirements and resolve day-to-day issues through the delivery of system enhancements, fixes and upgrades.
  • • Led Technology and Development operations team of seven, responsible for the delivery of North America General Ledger Accounts Payable projects, ongoing support, maintenance and technical consultancy
  • • Led technical project team through Business requirements gathering, design, coding and system testing for North America Consolidation of PeopleSoft and Homegrown Accounts Payable systems which produce an estimated cost savings of over 1.5 million dollars to the bank annually
  • • Effectively managed on-site client meetings and responsible for implementation of Accounts Payable System Finance Transformation Project (APS-FTP)
  • • Acted as a liasion between on-site and off-shore teams for requirements gathering of AP Consolidation of APS; resulted in increase of staffing efficiencies by 30%
  • • Managed the Accounts Payable development work stream of the global implementation of a unified PeopleSoft General Ledger system to be used as a single source of General ledger transactions globally (89 countries).
  • • Designed and implemented re-usable program components to make Accounts Payable system Finance Transformation Program complaint there by saving total cost of $150,000.
2006 – 2007
(Mar – Nov)

Software Engineer

Infosys - Bangalore- India
  • • Software developer responsible for executing business requirements into functional usable applications to meet the needs of a large International retail business client.
  • • Developed internal inventory management and order function based on store sales and performance to simplify the ordering, tracking and reporting of product inventory levels via a Java enable web tool resulting in 90% reduction in ordering errors and product shortages at retail sites and ware houses.
  • • Supervised development team of ten including initial and ongoing training, quality assurance through code peer reviews and career growth.
2005
(Feb – Feb)

Automation Intern

Honeywell Automation India Ltd.
  • • Selected as candidate into competitive internship program based on outstanding academic performance.
  • • Completed 4 weeks of intensive training on automation tools such as Programmable Logic Controllers (PLC), Distributed Control Systems (DCS) and Supervisory Control and Data Acquisition (SCADA)

Work

2014 – present

Senior Finance Analyst

Amazon , United Kingdom
  • Analytics • Designed and implemented excel based analytics templates to emphasize on improved cash flows, controllership and vendor experience; resulting in 5% improvement in vendor experience for January 2015
  • Process Automation • Lead for the United Kingdom Vendor Returns and Dispute Management vertical focusing on streamlining operations by use of automation and standardization; the goal is to reduce vendor related disputes by 20% in 2015 vs. 2014
  • Credit Risk Analysis • Engineered risk-based transaction model for identifying fraudulent vendor return transactions; the objective is to reduce the write-offs due to fraudulent vendor transactions by £5 million in 2015
2014
(Mar – Dec)

Financial Analyst II

Amazon , United States of America
  • Data Mining • Responsible for database design, Data warehousing and business intelligence tools interface for Project SWORD – Standard Worldwide Operations Reporting Data project; to fulfil the goal of global automation and standard reporting of Amazon financials worldwide
  • Financial Planning • Designed financial planning tools for forecasting security, janitorial and utilities expenses accruals for month end reconciliations; resulted in an forecasting accuracy of 5% variance to actual expenses
  • Operational Support • Partnered and provided ad hoc analytical support to the business partners on the day-to-day business activities including Kaizen’s, evaluating business proposals, etc.; resulting in operational improvements and a cost savings of $1million
  • Risk Awareness • Partnered with Learning team and designed learning documents covering different aspects of risk management spanning customer risk prevention, fraud detection, identity theft prevention, dispute management and global payment processing
  • SQL Analytics • Developed an SQL and excel based tool for evaluating risk for certain orders that go through Amazon ordering pipeline; resulting in a 25% reduction of buyer bad debt purchases
2013
(Jun – Aug)

Summer Intern

Magna Steyr , United States of America
  • Financial Modeling • Prepared an excel report using pivot tables detailing Magna supplier base company’s risk rating, financial history, relevant ratios, and pay history; producing accurate, clear and categorized operational financial reports used by managers for approving the line of credit
  • Forecasting • Analyzed cost drivers of top 3 product lines for 11 commodities across North America, South America, Europe and Asia regions; resulting in an in-house cost analysis model for better forecasting and negotiations with the suppliers
  • Controllership • Rotated through three departments learning about lease origination, credit underwriting, and documentation of leases; implemented process improvements for monitoring compliance of internal financial reporting controls resulting in $200k cost savings
  • Technology Consulting • Managed integration of global logistics and supply chain management initiative across 11 Magna Powertrain locations, coordinating movement of automotive parts from Mexico, Asia, Europe to U.S.A.; resulting in a cost savings of $3 million
  • Currency Hedging • Coordinated all audits (external, internal, and Sarbanes Oxley) and developed a currency hedging framework for South American purchases; resulting in a cost avoidance of $350k
2007 – 2012

Business Analyst / Project Manager

HSBC , India, Malaysia, United States of America
  • • Technical Analyst for Source System Conversion Tanche-1 and Tranche-3 of Finance Transformation Project (FTP), Europe.
  • • Finance Transformation Program is HSBC group’s solution for Accounting and General Ledger transactions and to be used as a single source for General Ledger transactions globally.
  • • Delivered an e-Invoicing interface to facilitate the automated flow of invoices between the Accounts Payable and Purchasing systems (Ariba Supplier Network) resulting in a significant reduction of manual processing, processing errors and providing a cost savings through increased automation and staffing efficiencies.
  • • Provided innovative and cost effective solutions in an efficient and timely manner to fulfill customer business requirements and resolve day-to-day issues through the delivery of system enhancements, fixes and upgrades.
  • • Led Technology and Development operations team of seven, responsible for the delivery of North America General Ledger Accounts Payable projects, ongoing support, maintenance and technical consultancy
  • • Led technical project team through Business requirements gathering, design, coding and system testing for North America Consolidation of PeopleSoft and Homegrown Accounts Payable systems which produce an estimated cost savings of over 1.5 million dollars to the bank annually
  • • Effectively managed on-site client meetings and responsible for implementation of Accounts Payable System Finance Transformation Project (APS-FTP)
  • • Acted as a liasion between on-site and off-shore teams for requirements gathering of AP Consolidation of APS; resulted in increase of staffing efficiencies by 30%
  • • Managed the Accounts Payable development work stream of the global implementation of a unified PeopleSoft General Ledger system to be used as a single source of General ledger transactions globally (89 countries).
  • • Designed and implemented re-usable program components to make Accounts Payable system Finance Transformation Program complaint there by saving total cost of $150,000.
2006 – 2007
(Mar – Nov)

Software Engineer

Infosys - Bangalore- India
  • • Software developer responsible for executing business requirements into functional usable applications to meet the needs of a large International retail business client.
  • • Developed internal inventory management and order function based on store sales and performance to simplify the ordering, tracking and reporting of product inventory levels via a Java enable web tool resulting in 90% reduction in ordering errors and product shortages at retail sites and ware houses.
  • • Supervised development team of ten including initial and ongoing training, quality assurance through code peer reviews and career growth.
2005
(Feb – Feb)

Automation Intern

Honeywell Automation India Ltd.
  • • Selected as candidate into competitive internship program based on outstanding academic performance.
  • • Completed 4 weeks of intensive training on automation tools such as Programmable Logic Controllers (PLC), Distributed Control Systems (DCS) and Supervisory Control and Data Acquisition (SCADA)

Education

2012 – 2014

Thunderbird School of Global Management

MBA in Global Management (MBA)
2001 – 2005

Anna University- Chennai- India

Bachelor of Engineering (B.E.)

Achievements

  • Recipient of "Innovative Student Project Award - 2005" at National level by Indian National Academy of Engineers

Additional Info

Website
arvensystech.com