Experience

• 

  CLSS LABS

  • Chennai, Tamil Nadu, India

  • Lead FICO Consultant

    • Nov 2021 - Present
    • Chennai, Tamil Nadu, India

    LEAD FICO CONSULTANT

• 

  L S Mills Ltd

  • Theni

  • General Manager Finance & Company Secretary

    • Feb 2018 - Oct 2021
    • Theni

    Define the policy, procedures and internal systems of the accounting and finance department. Coordinate and direct the preparation of the budget, financial forecasts and report variances; forecast cash flow positions,related borrowing needs and available funds for investment. Review variance in budget with projects management. Monitor operational expenditure limits, exercise effective budgetarycontrol and recommended corrective measures to check variance during the budget cycle. Interact with other department/division managers to provide consultative support to planning initiatives through financial andmanagement information analyses, reports, and recommendations. Maintain and archive updated financial records of day to day business transactions based on operational and statutoryrequirements. Handling 400 Crores Working Capital and 90 Crores Capex every Year Smooth Co Ordination with Banks with information for Project and Successful in getting Loan Saction upto 150 Crores Capexwith banks Successfully Co coordinating with Rating Agencies for Up gradation of Credit rating. Worked with Acute Rating and upgradedfrom BBB+ to A-. Conducting Consortium Meetings with Banks every quarter and closely working with them Implemented SAP s4HANA for the Entire Company coordinated with FI/CO module PP Module and MM Module. Commercial Coordination for All Land Registration, MOD and Charge Creation with SRO Successfully Co coordinating with Tamil Nadu Government for Land Reforms and Got Approval for All Excess Land held by thecompany. Insurance Negotiation or Asset and Med claim every year Audit Completion for Statutory, Internal and Cost Audit Every Year smoothly. Ind As Implementation for the First Time in the company Co ordination with Land Reforms and getting approval for Excess land for the Company

• 

  Neeyamo

  • Chennai Area, India

  • Finance Director

    • Sep 2016 - Jan 2018
    • Chennai Area, India

    Review variance in budget with projects management. Monitor operational expenditure limits, exercise effective budgetarycontrol and recommended corrective measures to check variance during the budget cycle. Interact with other department/division managers to provide consultative support to planning initiatives through financial andmanagement information analyses, reports, and recommendations. Maintain and archive updated financial records of day to day business transactions based on operational and statutoryrequirements. Provide consultative support to planning initiatives through financial and management information analyses, reports, andrecommendations. Perform financial analysis to understand the impact of business decisions and evaluate revenue growth, operational efficiency,capital adequacy and solvency and liquidity. Perform reconciliation of group companies and their accounts and strengthen the internal control procedures. Supervise the activities of department personnel including training, assigning and reviewing work, conductingperformance evaluations, and effectively recommending hiring and appraisals.

• 

  KDD (India) Pvt. Ltd.

  • Bangalore

  • Manager Finance & Company Secretary

    • Jun 2015 - Sep 2016
    • Bangalore

     Reporting to Business Head India Operations Heading the team of 4 People (AR 2, AP 2) Responsible for entire Finance Gamut of the India Operations Compliance Officer as regards to Statutory Complaince Finalizing the Group Accounts, along with the finalization of Statutory Accounts via interactions with statutory auditors. Overseeing the Group Expenses Recharge along with the implication of Taxation for Transfer Pricing. Complete responsible for Budgeting excericse Monthly MIS Reporting to Kuwait. Co ordination with Internal Auditor for implementing Internal control Efficient conduct of Board meetings and Annual General Meetings Filing of Necessary Forms with ROC Preparation and Evaluation of Costing of the Products Pricing and other evaluations of Business Enabling the Key Drivers of Business along with Business head Co ordinating with Co packers for Proper control of activities

• 

  Danfoss

  • chennai

  • Manager Finance

    • Jun 2013 - Jun 2015
    • chennai

     Reporting to the Senior Manager and mentoring a team of 6 staff. Presenting reports in the EPM Tool during the monthly and quarterly reports to the headquarters. Coordinating activities of the GS Finance Team consisting of 8 people. Piloting the operations of Accounts Payable, Accounts Receivable, and General Ledger functions with their SLA’s. Finalizing the Group Accounts, along with the finalization of Statutory Accounts via interactions with statutory auditors. Acting as the First Line Control for various transactions across the Indian region. Handling other activities including the likes of Payroll Accounting and Controlling. Overseeing the Group Expenses Recharge along with the implication of Taxation for Transfer Pricing. Assisting and finalizing the Statutory and Internal Audit within the preset timeframe. Paying out to vendors on time and as a team enhanced the level from 60% to 99% emerging as the group’s top performer. Controlling the monthly filing of ECB Returns to RBI, while coordinating with the treasury on the same issue.Major Accomplishments: Ensured on time Payments increasing the level from 30% to 99%. Assured the curtailment of Accounts Receivables overdue from 15% to 2.8%. Allocated responsibilities to clean up SAP roles on behalf of the company. Piloted the advanced closure of Statutory Audit levels. Promoted the Inventory Reduction levels from 50 days to 38 days.

• 

  Ingram Micro India Ltd

  • Manager Finance

    • Apr 2011 - May 2013

    Reporting to CFO)Key Deliverables:Managing AP Team for Entire India-Team Size-15Monthly Payment of 800 Crores to VendorsEnsuring compliance towards Group Polices given by RHQ(Regional Headquarters)Reviewing the reconciliation of Major vendors and coordination with Buying team to resolve issues if any on the sameReview with Business Head/Product team on Monthly issues if any on Vendor payments/ Material Inwards etc.Ensuring the compliance with respect to TDS/Service Tax CreditService tax/WCT/VAT/TDS Payment in coordination with Tax Department for entire IndiaComputation of Accruals and Monthly Expense Reporting to RHQ(Regional Headquarters) Review and follow-up of Balance sheet Items monthly with CFODecision to avail Cash Discount on Trade payments in comparison with borrowing costsPreparation and Review of weekly and monthly Cash flow with CFO and treasury teamMonthly review with Buying team to ensure all the Materials are in warded which are appearing in the Vendor AR statementNoteworthy Credits:Successfully Migrated the AP Operations from mumbai to ChennaiStreamlined the accounts payable operations having payment of 25 to 30 crores per day

• 

  HCL Technologies Ltd

  • Associate Manager

    • Jan 2003 - Apr 2011

    Reporting to Senior Manager)Key Deliverables:Involved in AP/FA process design improvements and proposalsEnsuring the compliance with respect to TDS/Service Tax CreditService tax/WCT/VAT filing with DepartmentConsolidation of Cost data pertaining to Line of Business across the organizationBanking Operations:Spearheading the entire Banking Operations viz., reviewing of Bank Reconciliation on monthly basis, managing Fund in Accounts, dealing with Banks, etcCollaborating with the Corporate Treasury team to transfer the Inward Fund to Corporate AccountMIS Management:Preparing MIS reports to monitor financial performance and facilitate decision making process Managing C-WIP and Fixed Assets based upon Cost CentersPerforming Expense Variance Analysis on the basis of Cost Centers and Profit CentreMaintaining related party transactionsFixed Assets Management:Capitalization and De-capitalization of assetsManaging and maintaining Account of Capital work in progress Maintaining Monthly/Quarterly/Yearly MIS of Fixed AssetsCarrying out physical verification of assets and liaising with respective departments for tagging of assetsFinance (Payables):Involved in processing vendor invoices and ensuring statutory compliance and applicability of TDS and WCT Managing the payment of employee’s reimbursement (expenses and Travel) as per HR policies Approving Purchase Orders issued and related activities to various suppliers and contractorsAdministering the preparation of vendor reconciliationsHandling finance functions viz. determining financial objectives, designing & implementing systems, policies, conducting cost analysis and reporting variances to facilitate internal financial controlNoteworthy Credits:Rated as Outstanding Performer consistently for 5 times from 2006Initiated and executed Six Sigma projects and saved the cost to the companyStreamlined the accounts payable operations

• 

  Murali Associates

  • Senior Audit Executive

    • Jan 2001 - Jan 2003

    Involved in Auditing, Tax filing, and preparing working capital bank reportsNoteworthy Credits:Solely handled the Major Government Company Audit Steel Authority of India