Rakesh Devanga Email & Phone Number

Bengaluru, Ka, In

Columbs, Oh, Us

Columbs, Oh, Us

Finance Lead responsible for Group and Entity Accounting and Controllership

Mahe, Sc

1. Managing Delivery Operations and Finance & Accounting functions. 2. Set-up shared services center at Mauritius. Helped re-organizing teams across functions.3. Provided product strategy and business direction

Paris, Fr

1. Headed Finance and Accounting.2. Project financial management - Project financing, approval of procurement budget and analysis of project profitability, collections3. Project Pricing4. Budgeting and variance reporting5. Investor Relations

1. Revenue assurance, billing and cash application.2. Revenue forecasting and variance analysis.3. Tracking project costs and reporting onerous contracts 4. Preparing monthly profitability ‘packs’ and reviewing project financials with regional and functional directors5. Royalties and Sub-contractors cost management

London, London, Gb

Responsible for entire services revenue and direct non-payroll costs of Misys with a team of peopleDaily Responsibilities - Revenue assurance, billing, indirect taxes compliance per EU VAT laws (includes determining VAT applicability on billing, sourcing and validating the VAT numbers of the client, co-ordinating with VAT consultant on special cases), service tax compliance on billings to Indian clients, accounting, transfer pricing, forecasting, hedging, meeting various SLAs, manage escalations, continuous process improvement, aligning team performance with company valuesMonth-end Responsibilities - Accruals, monthly billing for TM contracts, providing inputs on filing monthly indirect tax returns, MIS, Billing and Revenue Forecasts, preparation of project financials and analysis of project profitability versus budgets, preparation of monthly review packs and review with Regional Finance DirectorsYear-end Responsibilities – Audit co-ordination, Performance review, Goal setting and Growth Planning for the teamHighlights -Joined Misys as a Revenue Analyst and with effective and efficient performance, rose to become Associate ManagerSuccessfully transitioned revenue processes of 40 Misys companies from across the world, recruited and trained the team and also created back-ups by cross-trainingStandardized and streamlined the end-to-end process adopting industry’s best practicesBrought down TAT for billing from 60 days to 30 days for billing client-reimbursable expenses

London, London, Gb

Order-to-CashIndividual role Responsible for Licence fee revenue, billing, transfer pricing, audit, indirect taxes and direct costs of Europe, Africa, Middle East and Asia, month-end activities and MISHighlights- Successfully transitioned and streamlined the Licence fee revenue process of European entitiesSimplified, automated and standardized the processCleared 90% of overdue unbilled contracts by triggering the Maintenance fee billing and alsoWas actively involved in transitioning royalties payment process and clearing long outstanding payables, streamlining the process and training people

Hong Kong, Hong Kong, Hk

Spain-based Trust Management Company) as; , Client Accounting DepartmentTeam leader role responsible for implementing cross-border tax structures and managing (accounting per IFRS, Statutory compliance, co-ordinating with auditors, etc.) for over 500 Luxembourg client companies in co-ordination with the Relationship Managers and Legal Advisors in an ISO 9001 environmentHighlights- Successfully helped implement and account a complicated cross-country tax structure for a ProSieben groupWas instrumental in convincing RM and transitioning 150 client companies from Luxembourg branch

Chartered AccountantsIndividual role for the first 2 years with exposure to Book-keepingInternal audits, stock audits & Statutory audits of Companies, Banks, Non Profit Organizations, Partnership firms & IndividualsConcurrent audits & bank auditsBuilding up accounts in search casesPreparing Direct Tax returnsAccounting Standards ComplianceHighlights- Involved in the successful completion of audit of the Café Coffee Day Group of companies for the Financial Year; Successfully led teams of 1-3 people in the 3rd year, responsible for end-to end audit procedures exceeding the expectations of the partners

Chartered Accountancy, Accounting And Finance

Bachelor Of Commerce (B.Com.), Business Administration And Management, General

High School, High School Certificate Of Competence Program