Professional Summary
Professional Overview
Mandar Bhagwat is an accomplished finance and accounting professional with over 15 years of experience in driving strategic initiatives and operational excellence across global organizations. As the Head - Global Sales Variable (Director Finance) and Finance Site Leader at Hitachi Vantara, he leverages his expertise in revenue management, compliance, and shared services to optimize financial performance and drive business growth.
Experience Summary
Current Role
In his current role, Mandar is responsible for leading the Global Sales Variable (Director Finance) and serving as the Finance Site Leader at Hitachi Vantara. He oversees the revenue performance team for the Americas region and manages the finance shared services center, ensuring efficient and effective financial operations. Mandar's contributions have been instrumental in enhancing financial reporting, strengthening internal controls, and driving process improvements to support the company's global expansion.
Career Progression
Prior to his current position, Mandar held various leadership roles at Hitachi Vantara and Hitachi Consulting, where he consistently demonstrated his ability to drive financial and operational transformation. As the Senior Revenue Accounting Manager and Finance Site Leader, he was instrumental in streamlining the revenue recognition process and leading the transition of shared services functions. Mandar's prior experience as a Global Compliance Manager and Head of Shared Services (P2P) further solidified his expertise in managing complex global operations and implementing effective governance frameworks.
Academic Background
Mandar holds a Master's Degree in Commerce from the University of Pune and is a Chartered Accountant (CA) from the Institute of Chartered Accountants of India. He has also completed an Executive Program on Enterprise Risk Management from KPMG and holds a Diploma in International Financial Reporting Standards (DipIFR) from ACCA.
Areas of Expertise
- Revenue management and recognition
- Financial reporting and analysis
- Global compliance and audit management
- Shared services and process optimization
- Enterprise risk management
- Strategic planning and business transformation
Professional Impact
Throughout his career, Mandar has consistently demonstrated his ability to drive impactful change and deliver tangible results. His leadership in global audit and compliance initiatives has strengthened internal controls and mitigated organizational risks. Additionally, Mandar's expertise in shared services and process optimization has enabled Hitachi Vantara to achieve greater operational efficiency and cost savings.
Conclusion
With his extensive experience in finance, accounting, and operations, Mandar Bhagwat is a valuable asset to Hitachi Vantara. His strategic vision, financial acumen, and commitment to operational excellence position him as a trusted advisor and a key contributor to the company's continued growth and success.
