Ritika Rai

MBA Graduate | Financial Analyst & Data Specialist
Munich, DE.

About

Dedicated MBA graduate with 4+ years of diverse experience spanning financial accounting, asset management, and database administration, leveraging strong analytical and technological skills to drive efficiency and informed decision-making. Adept at financial reporting, process optimization, and data visualization, seeking to apply strategic insights in challenging financial or business intelligence roles.

Work

Allianz Investment Management
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Intern, Financial Accounting

Stuttgart, Baden-Württemberg, Germany

Summary

Contributed to financial accounting operations and strategic decision-making within asset management, focusing on compliance, reporting, and process optimization.

Highlights

Prepared monthly and annual financial statements, ensuring strict compliance with HGB and IFRS standards for robust reporting across asset classes.

Conducted comprehensive cost and expense analyses through monthly and yearly planning processes, utilizing SAP and Excel to identify cost-saving opportunities and improve financial forecasting accuracy by 15%.

Generated critical management reports and ad-hoc analyses using Power BI and Excel, providing data-driven insights to support executive decision-making.

Optimized cost accounting processes by redesigning activity-based costing models, which improved overall accuracy by 15%.

Leveraged AI tools and Bloomberg Terminal to enhance data analysis capabilities, supporting strategic business intelligence and investment decisions.

MEAG (A Munich RE Company)
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Werk Student, Financial Accounting and Reporting

Munich, Bavaria, Germany

Summary

Managed general ledger accounting and financial reporting, driving operational efficiency and integrating innovative ESG frameworks.

Highlights

Managed general ledger accounting, ensuring accurate recording of financial transactions and strict compliance with HGB standards.

Conducted comprehensive reviews of financial processes, identifying inefficiencies and implementing solutions that improved operational efficiency by 20%.

Initiated and led the automation of investment reporting using Excel and VBA, reducing manual effort by 80% and significantly enhancing reporting accuracy.

Introduced and integrated ESG reporting frameworks for clients into publicly available reports, enhancing transparency and stakeholder engagement.

Contributed significantly to the preparation of detailed management reports and evaluations, supporting robust budgeting and forecasting activities.

Ernst & Young GmbH (EY)
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Intern, Financial Accounting

Munich, Bavaria, Germany

Summary

Supported financial accounting and audit functions, ensuring compliance with international standards and optimizing financial processes for diverse clients.

Highlights

Assisted in preparing quarterly financial statements, ensuring strict adherence to HGB, IFRS, and Solvency II standards.

Supported Accounts Payable and Accounts Receivable departments by verifying vendor invoices, processing customer payments, performing reconciliations, and resolving discrepancies.

Contributed to internal and external audits by preparing detailed financial statements and reconciliations, ensuring regulatory compliance and reducing audit findings by 40%.

Implemented and optimized SAP FI/CO modules for multiple clients, ensuring robust financial processes and compliance with international accounting standards.

Cognizant Technology & Solutions
|

Programmer Analyst, Oracle Application DBA

Pune, Maharashtra, India

Summary

Managed Oracle ERP applications, ensuring optimal performance and data integrity, while developing advanced data visualization solutions.

Highlights

Managed Oracle ERP applications, including E-Business Suite, ensuring smooth operations and optimal performance for critical business functions.

Resolved complex database issues using expert-level SQL queries, which ensured high data integrity and system reliability.

Developed comprehensive data visualizations and insightful reports utilizing Power BI, enabling data-driven decision-making for stakeholders.

Hexaware Technologies
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Software Engineer Trainee

Chennai, Tamil Nadu, India

Summary

Developed and maintained end-to-end web applications, leveraging full-stack expertise and database management skills.

Highlights

Developed and maintained end-to-end web applications as a full-stack developer, utilizing front-end technologies and back-end frameworks.

Executed advanced SQL querying, data manipulation, and schema design to ensure robust database functionality and integrity.

Education

Coburg University & Applied Sciences
Coburg, Bavaria, Germany

Master of Business Administration (M.B.A.)

Financial Management

Courses

Accounting

Financial Planning & Analysis

SAP FICO

IFRS

Treasury Management

Master Thesis: Analyzing how technological advancements impact various aspects of financial processes, strategies, and services in the investment banking sector.

Rajiv Gandhi Technical University
Bhopal, Madhya Pradesh, India

Bachelor of Engineering

Electronics & Communication

Courses

Digital Electronics

Languages

English
German

Skills

Financial Management & Analysis

Financial Reporting, Budgeting, Forecasting, Cost Accounting, Variance Analysis, Financial Modeling, IFRS, HGB, Solvency II, ESG Reporting.

Financial Software & Tools

SAP FI/CO, Advanced Excel (VBA, Pivot Tables, Macros), Power BI, Bloomberg Terminal, Oracle ERP (E-Business Suite).

Data Analysis & Database Management

SQL, Data Visualization, Database Querying, Data Manipulation, Schema Design, Data Integrity, System Reliability, AI Tools (for data analysis).

Project Management & Process Optimization

Process Improvement, Operational Efficiency, Cross-functional Team Leadership, Project Planning, Automation, Stakeholder Engagement.

Web Development & IoT

Full Stack Development, Front-end Technologies, Back-end Frameworks, IoT, Microcontrollers, Cloud Platforms.

Projects

Personalized Health Monitoring System

Summary

Developed a real-time patient monitoring system leveraging IoT and microcontrollers, designed to enhance patient care and prompt medical response.