Harshkant Wadhe - Financial Analyst
HomeFinancial Analyst ‣ Interviews: Harshkant Wadhe

Harshkant Wadhe : Financial Analyst

A financial analyst as the name suggests analyses the financial situation of the markets, makes reports about the same and advises clients about business decisions to be made accordingly. An interview with Harshkant Wadhe, currently a Senior Financial Analyst with Avaya India

Click here to check Harshkant Wadhe's LinkedIn Profile

Q
What is your current position, career focus and total years of experience?
A

I am Harshkant Wadhe currently designated as Senior Financial Analyst with Avaya India.

Corporate world works with a simple logic – your growth is directly associated with your organization's growth, so every individual needs to think with a broader perspective.

I have 4 years of experience with organizations like Ernst & Young, SPIL, Allscripts and Avaya. I am an expert in functional areas including Costing, Budgeting, Forecasting, Client Account Management, P&L Analysis, and Roster Management of the firm.

Q
How did you get started in your career? What motivated you to get into this career?
A

I started my career with a small cap company, SPIL in a growing city, Indore where I did my graduation. I was totally unaware of the business world but what I knew was that you need to keep calm and set a goal at the very beginning. I was very good with numbers and always wanted to make my career in finance.

Q
What is this career like?
A

I think it's a very promising career path for finance graduates and MBAs to follow. Even if you start your career in a KPO or BPO, you will have a broad range of opportunities coming your way. This is not a call-center type of job where you will end up spending all day talking to your clients, but you need to use skill sets which you acquired during your studies to get the best results. Graduates in finance can end up earning Rs. 2.5 - 4.0 lakh as starting salary in MNCs. Corporate firms provide a wide range of additional benefits which will help you to concentrate only on your job and grow faster. After spending 2-3 years in this field, you will become a better professional with all skills needed to excel in the field.

You should be flexible to work in shifts too as the MNCs have client based abroad and they might want you to work according to their time zones.

Q
What is a normal work day in the life of a financial analyst?
A

From the beginning of my career I have had a 5 day working week. My day starts from 12:30 p.m. in the afternoon to 9:30 p.m. Everything in my schedule is well planned in advance, so that I can manage my time and give appropriate attention to every task.

Generally my day consists of few reports that need to be rolled out, there is always room for introducing new things which can save time, then there are a few meetings and calls lined up with the leadership and management. I usually look after my juniors who have just joined the organization. Usually I devote 7-8 hours towards my job and in between there is always some time left for lunch, dinner, coffee etc.

Q
How was your journey from your first job till the current one? Where do you see yourself 5-10 years from now?
A

I never knew at the beginning that I would be where I am currently. If I look back at my short but happening career over the last 4 years, it has been a challenging yet satisfying time. I have learnt a lot in this 4 years and there is no looking back now. Once you understand the business and the career you are in, it is going to be your identity and you'll start loving your job, as I do. It's been fantastic journey and I am bound to make it better in the upcoming 5-7 years.

Q
What specialized training and education did you choose to succeed in this field? What inspired you to build the skills?
A

There is no rocket science involved in this field. You just need to apply the skills which you have acquired during your studies in college or schools. If you have the basic knowledge of the field, then the organizational experience will sharpen your skill-sets. However, I have acquired few training in between such as Six Sigma Certification, SAP etc. to improve my efficiency.

But the truth is that you will be more successful in this field if you are loyal to yourself and are ready to face every new experience as a challenge.

Q
Which skills have you found most helpful, and which ones will be most important in the future?
A

I think my communication skills and desire to constantly learn brought me success so far. Both are equally important as you start your career and grow with it. You need to learn the process & the culture of the work and then execute them. Apart from that you must be good at communicating as it is the backbone of any business or corporate world.

The one skill which I think would be most important is the ability to think new. The world is talking innovation. We may not be scientists but I would like to come up with some ideas which can save time and make the job a little easier. As they say, time is money in this field.

Q
What have been your best experiences and challenges while working in this field?
A

I think the overall experience was amazing and every day brought me new challenges to face. But among all, I can mark out the interaction with leadership and clients across the globe. It's a great feeling when you interact with people from different cultures. That's where your learning skills comes to your rescue and makes you comfortable to adapt as per their needs.

Q
What recommendation would you give to prospective students who want to advance in this field? What education & skills do they need to focus on, over others?
A

I would suggest to keep your basics very clear. Don't go too far, start from step 1. You will rock the interview if you are absolutely clear with basics of finance and accounting. I feel that pursuing an MBA (Finance) would be great, as it covers all the aspects of our daily routine.

Q
Do you have any other 'words of wisdom' that you would like to pass on?
A

You must set a goal and aim big. There is no shore for a boat which doesn't know where its aim is. Goal/ aim creates a path, generates passion to achieve it and gives immense energy to fulfill it. Always be optimistic and don't afraid of taking up challenges as there is no better satisfaction in this world than successfully tackling challenges. Look ahead, be confident, and be a rockstar!