R Ramakrishnan

R Ramakrishnan Email and Phone Number

RETIRED as Head Asset Accounting - JIO Business - USD 75+ Billion Greenfield Telecom Project at Reliance Industries Limited @
R Ramakrishnan's Location
Chennai, Tamil Nadu, India, India
About R Ramakrishnan

As a seasoned Finance and Accounting Professional and Chartered Accountant, I bring over 30 years of innovative and conscientious expertise to the table. My career is marked by a hands-on and decisive leadership style, coupled with a relentless pursuit of excellence. I have a robust track record of delivering top-notch performance in diverse industries, including Oil & Gas, Manufacturing, Telecom, Retail, EPC, and Technical Services, whether in large corporations or smaller, multi-site organizations.My reputation as a problem solver is well-earned; I have consistently demonstrated the ability to drive results under fast-paced, high-volume, and time-sensitive conditions. My proficiency extends to managing multiple companies, projects, and functions within a SAP-based ERP environment. My approach is strategic and comprehensive, focusing on the effective administration of Systems, Processes, and People, ensuring that I consistently add value to all stakeholders involved.I am equipped with excellent interpersonal and organizational skills, which are complemented by my analytical prowess, training abilities, and problem-solving acumen. My communication skills are strong, both in writing and orally, and I possess a keen technical aptitude. My comprehensive knowledge spans various accounting functions, including audits, taxation (direct, indirect, and international), commercial laws, documentation, Master Data Management, IFRS, and Generally Accepted Accounting Principles, making me a versatile asset to any team.

R Ramakrishnan's Current Company Details
Shatkonam Consultancy

Shatkonam Consultancy

RETIRED as Head Asset Accounting - JIO Business - USD 75+ Billion Greenfield Telecom Project at Reliance Industries Limited
R Ramakrishnan Work Experience Details
  • Shatkonam Consultancy
    Principal Consultant
    Shatkonam Consultancy Apr 2023 - Present
    Chennai, Tamil Nadu, India
    Consultant on Accounting Automation
  • Chitra Avenue Flat Owner'S Welfare Association
    President
    Chitra Avenue Flat Owner'S Welfare Association Oct 2022 - Present
    Chennai, Tamil Nadu, India
  • Reliance Industries Limited
    Head Asset Accounting - Jio Business - Usd 75+ Billion Greenfield Telecom Project
    Reliance Industries Limited May 2016 - May 2022
    Navi Mumbai, Maharashtra
    Spearheaded capitalization of over $75 billion USD for India's largest Greenfield JIO project, leveraging a synergistic 1+1 team approach and advanced automation techniques. Pioneered the integration of Asset and EAM Modules to streamline post-capitalization asset movement. Interacting with the Pan India Teams for Cost Compliance and Policy Adherence. Developed capitalization architecture for a monumental $75 billion Greenfield project Policy and Architecture for Physical Verification PAN India To understand the size of the Project, States which have Annual Budget of more than USD 50 billion :a) Only TWO Indian States, (19-20) b)11 States of USA out of 50 States (19-20), c) 50 Countries out 250 Countries (2013).
  • Reliance Industries Limited
    Lead - Governance & Integration - Master Data Management, Psdog, Digitisation Embedded Governance
    Reliance Industries Limited Apr 2014 - Apr 2016
    Mumbai Area, India
    o Pioneer Vision, Mission and Framework for Master Data Management.o Build Standards for Master Data and Master Data Life Cycle.o Lay down Rules, Guidelines, SOP’s, Process Flows and other Governance measures.o Configure the rules in system like INFORMATICA for checking & compliance o Corroborate with Business and Functional Heads, to embed a Governance role.
  • Reliance
    Head - Asset Accounting - Shared Services
    Reliance Apr 2010 - Mar 2014
    Reliance Corporate It Park, Rabale, 400701
    •Capitalisation of Projects in excess of USD1 bln, with USD15 bln in progress.•Responsible for the all activities from Acquire to Retire for the Groups assets, valuing more than Rs 2.00 Lac Crs ,1 Mln +asset line items in 1300+locations and all Reliance businesses:-Refinery, Petchem, E&P, Retail,Telecom & others•Bar-coded all tag gable assets at Administrative locations for tracking.•Introduced Location Management to manage the physical location of assets.•Defined Key Data Structures, KSS strategies, Escalation Methods, OLA and SLA’s.•Continuous Improvement in the Productivity of the team 2X, for last two years.•Customer Satisfaction 80% for two consecutive years in NPS Survey.•Part of the Business Transformation team for Asset Accounting transformation.•Automation of Acquire and Transfer processes in SAP through portals.•Scheduled physical verification of the group’s assets & automation of reconciliation.•Working with BIG DATA team for improving the consistency of asset data records.•Leading a team of 9 with 6 Professionals and 3 Graduates, reporting to Head SSO.
  • Reliance
    Head Capitalisation - Reliance Retail
    Reliance Jan 2010 - Apr 2010
    Navi Mumbai
    Capitalised all the stores that went into operations in the past two years. Total number of stores capitalised more than 200, in 12 format companies.
  • Reliance
    Head Accounts Payables - Imports - Shared Services - Project Import Payables And Consolidation.
    Reliance Jan 2006 - Dec 2009
    Navi Mumbai
    •HOD for Import payables for 7 companies handling USD 7 B worth of Contracts. •Consolidation Accountant for 2 companies and Commercial Head for 1 company of the Group. 13 people reporting to me including 5 qualified professionals.•Implemented a robust MIS and reporting process to inform management and others concerned about the financial status of each project undertaken by the company. •Compliance to IFRS and other reporting standards while Consolidating accounts.•Define user requirements and testing of SAP system to ensure that requirements from Project Finance & Accounting are reflected in the functional specifications and development of SAP solutions, including International tax compliances. •Work closely with Buyers, Users, and Specialist Functions during the contracting stage to institute financial discipline around contracts, payables, taxation, claims and recoveries and management of liabilities and administer them effectively to achieve the desired goals
  • Reliance
    General Manager, Contract Account Management
    Reliance Jul 2003 - Dec 2005
    Dakc, Koperkairane, Navimubai. Maharashtra, 400710
    Part of the Cross Functional Contract Account Management team responsible for USD 1 billion worth of Contracts.•Vet, finalise, amend and administer air tight Contracts with Foreign Vendors.•Handled back office for ECA from US Exim for USD 500 M–Utilised USD375 M including USD75 of INR payments & also administered NonFund based limits for USD500 M.•Recovered USD 1 M of Contract Obligations from Vendors without any legal issues.•Ensured Compliance of DTA agreements and timely payments for Service Vendors.•Prepare, compile and adhere to the Project Budget and Cash flows.
  • Jk Fenner (India) Ltd
    Divisional Accounts Head
    Jk Fenner (India) Ltd Jan 2001 - Jun 2003
    Patancheru And Chennai
    Head of Divisional Accounts with Independent charge of the Accounts and Commercial functions of the division. Functionally reporting to V.P (Fin), administratively to SVP(MHD).Framing annual budget, Cash flows, Operational Plans in accordance of laid down business strategies and monitoring deviations by institutionalizing the corrective/preventive control for attaining predetermined business goals. Ensuring timely and accurate consolidation, preparation and submission of monthly and annual Financial Statements for the Division including Branches and Customer Sites, finalise Audits, System Studies and MIS Reports.Handling All India Sales Tax assessments, TDS cases and appeal cases with Sales Tax Commissioner and High Court. Dealing with Tax Consultants for Tax planning and management. Excise and Service Tax where ever applicable. Designed, executed and formalised a Projectwise profitability statement for the projects handled by the division.
  • Jk Fenner (India) Ltd
    Management Accountant
    Jk Fenner (India) Ltd Nov 1998 - Dec 2000
    Chennai Area, India
    • Was member of the Business Process Improvement Committee at Madurai in association with KPMG.• One page report to include Utilisation, Volume, Value, Quality Parameter, Productivity, Cost Control, Waste Generation, Rejection, Scrap and Profitability. •Five Year Strategic Business Plan for the FENNER GROUP.& other Project work relating to Acquisition and Merger.CAPEX Evaluation and Appraisal, Follow up of CAPEX for Conformances. Asset Utilisation, Verification, Compliance to Norms, Pollution Control, Energy Conservation and other parameters of Asset evaluation.
  • Jk Fenner (India) Ltd
    Plant Accountant, Patancheru And Chennai Units
    Jk Fenner (India) Ltd Feb 1994 - Nov 1998
    Patancheru, Medak District, Andhra Pradesh, India.
    •Responsible for the Accounts and Finance Function of the Unit Including Finalisation of Accounts, Interactions with Statutory, Internal and Management Auditors, Sales Tax, Income Tax, Company Law and other statutory bodies.•Designing internal controls and quality audit checks for various operational areas like purchase, production, sales & marketing.•Dealing with banks and insurance companies for funds raising, credit limits and insurance of various assets and claim settlements•Managed Accounts Department with 25% reduction in Manpower and 100 % increase in responsibilities besides increase in Turnover by over 3 Times, from Rs.12 Crs to 36 Crs. Number of customers from less than 200 to nearly 600 active customers.•Introduced online computerised accounting systems and Trained People on efficient usage of Computers.• Took Additional responsibilities of Managing the Accounts Department of New Units.• Handled Sales Tax assessments. Completed Assessments for 4 Years with no Additional lliability.
  • Carborundum Universal Limited
    Internal Audit Officer
    Carborundum Universal Limited Jun 1991 - Jan 1994
    Tiam House. Chennai, Tamil Nadu, India 600001
    • Responsibilities include preparation of Annual Audit plan. • Submission of Plan and Approval from Audit Committee.• Audit all the Units of the company to the plan in a year.• Responsibilities include System Audit, Revenue Audit, Compliance Audit.• Introduced Computer Aided audit measures.• Introduced Audit measures in Production and Logistics areas.
  • Aiyer & Jain (Rep S S Kothari & Co) Ca'S.
    Internal Audit Manager
    Aiyer & Jain (Rep S S Kothari & Co) Ca'S. Jun 1989 - Jun 1991
    Chennai Area, India
    • Has completed Internal and Statutory audits in time to schedule.• Developed Computer aided audit measures. • Concurrent & Revenue Audit of Banks.• Lead a team of Articles and finalised audits of Fenner, Madurai.
  • Natarajan & Co
    Qualified Assistant
    Natarajan & Co 1986 - 1989
    Chennai Area, India
    Handled and Finalised, Tax Audit, Internal Audit, Statutory Audits.Represented Clients both Corporate and Non Corporate before the IT department.Statutory, Internal, Concurrent & Revenue Audit of Banks.The firm was assocaited with SPIC group of companies, during my tenure with them.

R Ramakrishnan Education Details

  • Dhanraj Baid Jain College, (Autonomous), Aicte - University Of Madras - Naac - Ics
    Dhanraj Baid Jain College, (Autonomous), Aicte - University Of Madras - Naac - Ics
    Specialized In Management And Financial Accounting
  • Adarsh Senior Secondary School , Chennai, 600017
    Adarsh Senior Secondary School , Chennai, 600017
    High School/Secondary Diplomas And Certificates
  • Sri Ahobila Math Oriental Higher Secondary School
    Sri Ahobila Math Oriental Higher Secondary School
    High School/Secondary Diplomas And Certificates

Frequently Asked Questions about R Ramakrishnan

What company does R Ramakrishnan work for?

R Ramakrishnan works for Shatkonam Consultancy

What is R Ramakrishnan's role at the current company?

R Ramakrishnan's current role is RETIRED as Head Asset Accounting - JIO Business - USD 75+ Billion Greenfield Telecom Project at Reliance Industries Limited.

What schools did R Ramakrishnan attend?

R Ramakrishnan attended The Institute Of Chartered Accountants Of India, Dhanraj Baid Jain College, (Autonomous), Aicte - University Of Madras - Naac - Ics, Adarsh Senior Secondary School , Chennai, 600017, Sri Ahobila Math Oriental Higher Secondary School.

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