Ramesh Murthy Email & Phone Number

Pune, Mh, In

Pune Area, India

- Responsible for End to End Period-End closing & Cost Control.- Responsible for Actuals, Forecast and Budget related to IT Cost.- Ensure Correct Accounting treatment as per IFRS compliance/Companies Policy, No Revenue Leakages, 100% Cost recognition considering Capex/Opex module, Amortization of Capitalized Projects and Prepaid expenses, Cost allocation to respective Projects, Balancesheet and P&L Reconciliation. - Detailed Variance Analysis & Explanations of Projects/Portfolios Performance for further decisions, Business Outcomes & Cost Savings.- Responsible for Internal and External Audits.- Team Management and Stakeholder Management - Responsible and ensure all the Internal Controls activities related to AP process are Performed i.e. Monitoring of the GR/IR accounts, Open invoice workflow in SAP are monitored, Vendor's statement of account (SOA) are reconciled and Monitoring of vendor balances including advances & deposits are effectively performed as per "Governance Risk & Control (GRC)" guidelines.- Analyze the P&L impact before Period-End closure to ensure all the accruals and necessary adjustments are processed.- Planning & Coordination with Team & Stakeholders for Pre/Post Month-End Task.- Active participation in new projects to standardize current process.Achievements and Milestones:- Successful transition of Period-End closing and End to End AP Task from Copenhagen, Denmark.- Implementation of Prepayment Plan for IT Cost and Capitalization as per IFRS guidelines.- Cleared Open GRIR items aged above 90 days which had an exposure of approx 18% of the total Cost. - Process Improvement and Effective Performance of all the Internal Controls, Open GRIR and 100% Vendor Reconciliation with monthly focus throughout the year on Key Vendors responsible for 80% of total Spend.- Process Automation i.e. Cost Allocation Process, Vendor reconciliation and Open GRIR standard template.

- Responsible for daily work allocation to the team i.e. Invoice processing and Queries.- Maintaining Productivity tracker, Error Log, Process update log and Dashboard.- Regular and close co-ordination with Internal & External Stakeholders/Management.- Responsible for Open GRIR, Vendor Reconciliation, Vendor Management and Reporting.- Responsible for External Audit requirements. - Responsible for Daily, Monthly & Weekly reports to the management about performance related to the Open GRIR Items and Open Workflows.- Responsible for Financial Reporting & Monthly KPIs to the stake holders and management. - Responsible for Data quality, Analysis, Debit & Credit balance clearance and Intercompany reconciliation.- Planning & Co-ordination with Stakeholders & Internal Team related to AP task.- Active participation in new projects to standardize current process and system.- Provided new ideas/Kaizens and implemented in current process.

- Responsible for Accounts Receivables & Credit Control for UAE & GCC Countries.- Managing a dedicated AR portfolio for UAE, specifically the related credit and collection activities aiming to minimize credit risk while maximizing cash performance by way of collections.- Collections, Credit hold and order release support, driving dispute resolution, customer visit, customer credit assessment, driving communication with sales & customer care with regards to collection issues.- Conducted weekly AR review calls/meetings with sales and key stakeholders for the portfolio. - Regular follow-up with Customers & Group Companies for timely receivables.- Assigned Credit limits to the clients based on previous history and market survey.- Visiting Customers to resolve Consignment stocks & Receivable issues by developing good relationship.- Receivable management & Regular Assistance in Cash flow Management by Domestic Factoring, export line, Factoring, Trust receipt, Cheque Discounting & other bank related assistance. - Responsible for consignment sales operations by regular reconciling stocks, providing ageing report to management, managing their receivables and sellouts.Responsible for customer account reconciliation.- Identifying disputes & expediting dispute resolution by escalating to respective stakeholders, engage with sales/order management/warranty team as required.- Maintaining credit file, prepare credit assessment of new & existing customers and approve credit limits in the line with limits of authority.- Notifying manager of significant issues impacting collection of outstanding receivables.- Working with new customers in the development of new accounts and the implementation of new systems. Achievements and Milestones:- Appreciation from MD & Promoted as primary responsible for Companies Receivables.- Key role in clearing ageing stocks & receivables of consignment customers which were pending since 5 years

- Responsible for Receivable management & Collections of Customers for UAE & GCC Countries.- Regular follow-up with the clients & being part of payment solution provider in-order to achieve effective collection target.- Managing a dedicated AR portfolio for UAE, specifically the related credit and collection activities aiming to minimize credit risk while maximizing cash performance by way of collections.- Collections, Credit hold and order release support, driving dispute resolution, customer visit, customer credit assessment, driving communication with sales & customer care with regards to collection issues.- Customer Account Reconciliation & Stock Reconciliation.- Responsible for collections on time, reconciliation, receivable statements, etc.,Provided regular training and support to associates, motivate & train customers to pay on time. - Responsible for approving orders of customers, day to day business activities including sales returns, credit notes and follow-up with finance for customer accounting entries, etc.- Provided weekly EIS & MIS reports of AR/Collections/Ageing analysis.- Regular follow-up with the clients, organizing collection calls & being part of payment solution in-order to achieve effective collection target.- Provided support to the sales team of Dealer, Retailer, Corporate and ensuring all sales and service objectives were met.Achievements and Milestones:- Part of team in achieving record breaking sales during GITEX Exhibition, Dubai- 2006.- Joined as Sales Executive and was promoted as Showroom In-charge within 2 years.

Bachelor Of Commerce

Post Graduate Diploma, Computer Application