Experience

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  Denken Solutions, Inc.

  • United States
  • IT Services and IT Consulting
  • 500 - 600 Employee

  • Vice President Finance

    • Jun 2023 - Present

  • Director of Finance

    • Jun 2022 - May 2023

    Denken solutions Inc., is a USA based company offering staffing services, SAP consulting services, digital transformation, and custom development services to fortune 1000 companies across the world. Denken have a strong employee base in U.S in IT, Bench sales and Healthcare segments with a sustained revenue growth for the past decade. Director of Finance is a Finance Leader role, responsible for consolidating the accounting, financial reporting, internal financial controls, and the accounting policies across Denken US and India entities. The position manages all aspects of accounting and budgeting processes within in the company. Management includes the following areas with the help of 20+ member accounting team.• Billing and Accounts Receivable, Accounts Payable, Reconciliation and validations, Month End and Year End Closing, Profit and Loss, Balance Sheets including Accrual Process, Budgeting, Recommend Strategies and Policies for other areas of the business as per the request from other team managers and management.• Coordinate weekly/Bi weekly/Monthly Invoice process, reviewing the PO report changes, • Coordinate the payroll process- W2 payments, LCA adjustments, per diem payments, Bench payroll etc., • Coordinate month-end financial statement close and coordinate export invoicing with the US parent entity. Co-ordinate & monitoring the preparation of KPIs of the financials and variance analysis.• Closely interact with CPAs and Tax Advisors in USA for Federal and state tax filing on time. • Manage the India accounting including their monthly accounting processes, accounting policies, etc.• Review all monthly financial reports including, payroll, GST, TDS, P&L, balance sheet, and cash flow to be accurate and in compliance with India accounting standards.

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  Vihaan Auto Ventures Pvt Ltd

  • Hyderabad, Telangana, India

  • General Manager Finance

    • Sep 2020 - May 2021
    • Hyderabad, Telangana, India

    Vihaan Auto is a Dealer principal for KIA MOTORS INDIA for Hyderabad and Secunderabad, equipped with a state of art workshop and two showrooms, dealing with all models of KIA cars and spare parts, established in 2019. In FY20, in the very first year, Vihaan Auto has achieved the topline of Rs.220 Cr with 1927 vehicles and For FY21, their targeted revenue would be around 400 Crores. This is an interim position considered to sustain from the financial stress in global pandemic situation. The General Manager Finance is the Single Point of Contact for all MIS/Cash Flow/Reporting/F&A (Finance & Accounts) related Data Management, representing the company to Banks, Financial institutions, Insurance Agencies, executives, auditors, public officials. Oversee and directs treasury, budgeting, audit, tax, accounting, purchasing and insurance activities for the dealership- • Monitoring the inventory funding utilization and deposits and other credit facilities., • Works closely with the management on l investment of surplus funds.• Responsible for revenue recognition from Retail Finance payouts, Insurance payments, KIA claims submission etc., Negotiations with the Banks on monthly retail finance schemes and payouts. • Negotiates relationships with insurers to provide insurance coverage and other benefits.• Review and approval of monthly GST liability computation and timely payout and return upload. • Review of TCS, TDS, EPF, ESI and PT monthly liabilities and timely payout and returns upload. • Responsible for timely completion of all the payments to vendors, Salaries and incentives. • Periodic appraisal of the dealership's financial position and generating periodic financial and operating reports for Management.• KIA Monthly Business management reports finalization and submission.• Scrutiny of general ledger, inter branch accounts and all the reconciliations. • Monitoring the Turn Around Time of vehicles (Operating Cycle) on day to day w,r.t sales

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  tritan leather works pvt. ltd.

  • chennai

  • Finance controller

    • Jan 2018 - Apr 2020
    • chennai

    The Financial Controller is the process owner for all forex, funds, Treasury for all the three SBU’s with an insight into Treasury Automation and executing new initiatives in Treasury. Major focus areas include monitoring and directing the implementation of strategic business plans, develop financial and tax strategies, manage the capital request and budgeting process, manage the accounting, documentation, logistics, legal, tax and costing departments/areas, oversee the company’s transaction process systems, personally review and approve all financial filings with Banks and statutory authorities. Review of Import vendor payment documents, Authorizing the vendor payments, Receivables monitoring with customers, Report financial results to the Board of Directors, ensure that the company complies with all legal and regulatory requirements, monitor cash balances and cash forecasts, arrange for debt and equity financing, invest pension and gratuity funds, monitoring the timely realization of government benefits like IGST refunds, MEIS duty scrips, Duty draw back and interest subvention etc., Reporting to the Managing Director of the company and controlling a team size of 10 people in finance and 6 people in documentation working under Microsoft dynamics NAV ERP environment.

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  ALLIANCE ONE INDUSTRIES INDIA PRIVATE LIMITED

  • Guntur, Andhra Pradesh, India

  • General Manager Finance

    • Oct 2012 - Dec 2017
    • Guntur, Andhra Pradesh, India

    The General Manager Finance is the senior finance leader position overseeing the Financial planning, reporting, and accounting functions of the Indian Joint Venture (JV). This position support to work together with AOI’s Asia Regional Director- Finance to evaluate overall financial needs of Indian JV and on ongoing action plans. This role reports onshore to the BoD & Managing Director, offshore to the Regional Director Finance(RFD). The position responsible for entire finance and accounting operations of the Indian JV and supports the Executive Management on financial issues, financial implications, Internal controls and regulatory compliances. Financial Control  Work closely with the production, Technical, Sales and Buying team heads of the JV, in conjunction with the MD&RFD, to effectively forecast the Business plans, Annual Operating plans (AOPs), CAPEX Budgets, ongoing operational budgets by providing accurate estimates for proposed creative initiatives and ideas.    Calculating the component wise conversion costs (Buying,Pre-Factory,Processing and SG&A costs), Supporting the operational Team in Fixation of product conversion costs. Reviewing periodically the variances and presenting results to senior management to initiate appropriate action. Responsible for the internal and external Financial Accounting reporting requirements of the company. Managing the team of accounting operations of the JV for maintenance of an adequate system of accounting Records, Timely preparation of Monthly/Quarterly/Annual Financial Reports and reporting the results complying with GAAP and Tax Reporting,  Manage the Fixed Assets Register and depreciation as per the Schedule-II of the Companies Act,2013. the consistency in all reporting that in conformity with regulations, legislation, policies and procedures.  Work with External Auditors for statutory reporting including relevant Schedule-VI requirement of Level-1 companies and its audit/ tax compliance, 

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  GITAM University

  • CFO

    • Aug 2010 - Oct 2012

    Orchestrate and administer all facets of financial needs by arrangement of long term & short term funds from Banks and financial inistitutions and Equity arrangements from HNIs and others, preparation of Project Reports, financial models, CMAs etc., Liaison with Bankers for debt syndication for project finance and working capital finance, handling queries of Banks, Rating Agencies etc., Dealing with fund managers for arrangement of Equity, subordinate debts and private placements etc., monitoring the regular cash flows, accounts, monitoring the monthly, half yearly and yearly budgets, financial audits, and tax preparation; liaise with department staff and board members, contract negotiations and internal audits, responsible for profit and loss administration, progressive departmental efficiency, adequate insurance coverage on assets, and overall fiscal stability.

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  Nagarjuna fertilizers and chemicals limited

  • AGM Finance

    • May 2008 - Aug 2010

    Charged with full accountability for entire financial gamut of the Hydro Power Division of the Nagarjuna Group that include Financial modeling, Analysis of viability of projects, Calculation of IRR and sensitivity analysis, Raising debt/equity, Liaison with banks, monitoring cashflows for future interests, Budget/Financial Planning, Liaison with regulatory authorities for sanctions & approval, Reviewing loan agreements, Preparing, Monitoring the CMAs, profitability statements etc., Conducting project audits/ reviews for evaluating project progress, Loan reschedulement etc., Co-ordination of consortium meetings, Monitoring the Credit Rating as per BASEL-II norms, Monitoring interest rates, Coordination to arrange syndication of and raise funds from various financial institutions/banks. Monitor multiple projects with respect to cost & time parameters; Yearly budget implications, Handle Commercial matters, interact with Purchase Department. Screening new projects to determine the financial viability of new ventures, Projecting cash flow and growth opportunities.