Savitha Ramadas Email & Phone Number

Singapore

Singapore

Singapore

• Worked as a freelance finance executive for six months before being promoted to Finance Manager.• Responsible for managing a team of 3 Accountants and overseeing the performance of an external accounting agency.• Review and update the Cost Monitor report from Production Managers to ensure expenses are within budget and highlight any potential overages.• Review month-end reports against budget and determine the reason for overages. Review of project budgeted revenue and cost every month with the director.• Annual Budgeting and Budget Re-forecasting to assess company’s performance.• Upload monthly reports into NetSuite and verify that they correspond with the local system.

Singapore

Operations• Handle Full set of accounts including P&L and Balance Sheet reconciliation. Post month end journals including accruals, prepaid, deposits, depreciations every month.• Perform Bank Reconciliation and post journals to reconcile the two books. Monitor cash position and perform cash forecasting to assess monthly outgoing of funds.• Experienced in Accounts Payable spectrum involving processing and payment of AP vendor invoices and employee T&E claims in the system.• Handle Accounts Receivable duties involving recovery of monies from AR customers. Match receipts against remittance advices.• Upon migration of jobs to captive SSC in Poland, train the AP team on end-to-end process and assist in migration of process. • Provide vendor invoices to SSC AP team and assign it to the right expense head and correct department. Monitor Open PO report and urge the users to complete the goods receipt.• Provide customer invoice details to SSC AR team for application of bank receipts in the system. Follow up with AR customers to recover amounts due on sales.• Prepare and send all month-end journals to SSC GL team including prepaid expense, accruals. Review month end reconciliations for all balance sheet accounts.Intercompany reconciliation• Asses monthly cost and prepare ASEAN and ASPAC recharge to other intercompany entities.• Perform Intercompany reconciliation in SAP on all transaction including goods purchase transaction recording and management fees and cost recharges to both ASEAN and ASPAC entities. Other Reporting and Audit• File Goods and Service tax (GST) returns.• Monthly Financial reporting of P&L and Balance sheet in Reporting package, cash reconciliation in Treasury package, Fixed Asset details in CAPEX package of COFIS application.• Work closely with statutory and tax auditors during financial year audit and ensure smooth closure of queries and action points.

Singapore

Operations• Handle End to End operations involving sourcing products from across the globe, monitoring queries by franchises, new product development. • Instrumental in opening stores in Pakistan, Srilanka, Brunei and East Timor (first quick service restaurant opened) in 2013. • Handle end to end Accounts Payable process in SAP including invoice recording, PO matching and perform payment run on a weekly basis.• Perform Accounts Receivables activities like uploading sales/revenue data into SAP and compute the royalty amounts receivable from franchises.• Perform Balance Sheet reconciliation and post all accrual and fixed asset journals to support closing.• Train Global Business Service team (GBS shared service) team in India and Miami on Payables and Receivables processes. • Assist them in preparation of procedure documentation and highlight any deviations.• Prepare Training Manual to perform accounting effectively.• Monitor SSC performance and assist them in process improvement.

Singapore

Operations• Perform Balance Sheet reconciliation for over 10 entities that include journal posting and preparing schedules.• Submission of financial statements in Hyperion Financial Management (HFM) application. • Cleansing of inventory data and reconciliation of Circuit Inventory including analysis of circuits financial coding, accounting to the correct project.Shared service exposure• Train shared service team on general ledger accounting including daily and monthly commitments.• Documentation of procedures to assist transition and monitor if the India team follows the procedure.• Conduct weekly discussions with India shared service team to understand their confidence level and assist in query resolution.

India

Shared Service operational experience• Manage a team of 20 members and migrate process from United Kingdom and successful implementation of process in India.• Work in Finance shared service centre based in Chennai for UK client and tasks involve processing of vendor invoices, review of Journals like Interest, Depreciation, and accruals. Finalization of reconciliation with detailed investigation of ageing items and consistent follow up to resolve imbalance.• Process and authorize CHAPS and cheque payment through Internet Banking Application and account them in COBRA application.• Monthly Dashboard reporting to the client highlighting achievement, milestones, risks and issues.

Chennai Area, India

Processing of transactions for Export LC negotiation, re-negotiation, and covering schedules in conformity with UCP, and risk management systems.Preparation of Monthly Volume Report for the management to facilitate decision-making.Preparation of SLA Performance Report.

Masters In Business Administration (Mba), Finance / Hr

Post Graduation, Masters In Foreign Trade

B.Com, Commerce

Higher Secondary, Commerce