Phaneendra Kumar Potnuru

Background

About Phaneendra Kumar Potnuru

With over 15 years of experience in finance, I have a proven track record of partnering with cross-functional teams to drive business performance. My expertise spans commercial finance, financial reporting, budgeting, financial analysis and modelling, and process automation and transformation. I thrive on leveraging both contemporary and conventional technologies to enhance financial operations, ensuring streamlined processes and optimal outcomes. I have successfully collaborated with teams across commercial, supply chain, and engineering functions to optimize costs and profitability, refine inventory management, and drive business growth. In addition, I have led the budgeting process, ensuring alignment with organizational goals and delivering timely financial insights for decision-makers. My projects have included the automation of business forecasts and the implementation of innovative solutions like ASTUTE, which has streamlined hours booking for project management. I’ve also implemented improvements in month-end close processes, reducing manual journal entries and introducing a soft close for better governance. I bring strong expertise in financial systems, having worked extensively with ERP platforms like SAP ECC, TechnologyOne, Microsoft Dynamics 365, and more. Additionally, I am skilled in using advanced tools such as Power BI, Power Automate, Power Query, VBA and Advanced Excel to drive efficiency and provide actionable insights. Also, my speciality includes IFRS and US GAAP reporting, SOX compliance, internal controls, and statutory audits. My career has spanned roles at Caterpillar, Progress Rail, Alstom, and Healthscope, providing me with deep insights across diverse industries including mining truck manufacturing, power generation, and healthcare. Throughout my career, I have been recognized for my contributions to cost optimization, process improvements, and ERP implementations. My approach focuses on continuous improvement, effective communication, and building relationships to drive business success. I feel honoured to receive the highly sought-after Global Talent Visa from the Department of Home Affairs, Australia. Currently, I’m focusing on ESG reporting compliance, IFRS standards, Business Restructuring, Month end close and group reporting, statutory audits and internal controls, ensuring businesses meet evolving regulatory requirements while enhancing operational efficiency.