Sachin Balakrishnan Email & Phone Number

London Area, United Kingdom

London Area, United Kingdom

Led and managed a team of 3 Accounts Receivable members, ensuring timely completion of tasks and adherence to deadlines while achieving Key Performance Indicators (KPIs).Developed and implemented automated Excel templates for month-end tasks and reporting, reducing the AR month-end close process from 5-6 days to 2 days, resulting in a 90% increase in efficiency.Developed an automated Excel template for customer rebate accruals and allocations, reducing processing time from 3 days to 1 hour and achieving a 90% increase in efficiency.Collaborate closely with auditors during year-end audits, facilitating their inquiries and supporting the Initial Request List (IRL) process on the AR side.Conduct mid-year and yearly performance reviews, fostering the continuous development of the AR team.Orchestrated month-end close for AR, compiling comprehensive management reports for senior management in London and Los Angeles encompassing sales actuals, trends, customer analysis, aged debtors, and monthly-end financials.Execute revenue accrual journal entries and report monthly revenue figures to senior management, ensuring accuracy through balance sheet reconciliations.Develop and maintain weekly and monthly revenue forecasts for all departments, establishing monthly billing targets.Scrutinize month-end margins and address any negative or low margins, identifying missing revenue and implementing corrective measures for accurate monthly revenue recognition.Take ownership of reconciliation issues and internal queries, ensuring swift resolution.

Chennai, Tamil Nadu, India

Managed a team of 7 members in the second year of training in conducting a statutory audit for South India's largest Suzuki automobile dealer for the period ended 31st March 2018.Worked on the statutory audit of multiple Banking companies in areas such as Revenue, Payables, Receivables, PPE, Payroll, Inventory, Expenses and IFC in the FY 2017.Worked on the first implementation of IND AS 116 (IFRS 16) Leases to a real estate company in 2017.Worked on the group audit of a Domestic Oil manufacturing company for the period ended March 31, 2017-18, in IND AS (IFRS), playing a staff role handled areas such as Payroll, Expenses, Payables and Stock audit.Was part of the consolidation of a group account of a company that is invested in different sectors like Automobiles, Electricity generation and Real estate.Worked on the compliance and filing of monthly/ quarterly and Annual returns of VAT and GST for various companies and Sole proprietors.Prepared and filed income tax returns for 300+ individuals and 50+ Sole proprietors and firms in my final year of training in 2020.Worked on the compliance and filing of quarterly and Annual returns of TDS and TCS.

Master'S Degree, Accounting And Finance, Distinction

Bachelor Of Commerce - Bcom, Business/Commerce, General, First Class

Intermediate (Ipc), Accounting And Finance