Senthil Kumar Email & Phone Number

Built & Streamlined Finance teams (Upstream & Downstream) like AP, Payroll, Treasury, Fixed Assets to enable 10X organizational growth from 40-400 HCNurtured & Guided Finance Team in India from 3 employees to 25 employeesOwning India Financials (1 Bn) pertaining Services Labs Software Pvt. Ltd., which is fully owned subsidiary of Opendoor US with cost plus mark–up modelMigrated & Leading General Ledger / RTR / Month-close functions pertaining Corporate Consolidation vertical from Opendoor US to India in Q4 2023Migrated India Finalization of Accounts, Financial Control & Reporting function in-house from vendor in Q1 2024Ensured single ERP (NetSuite) & eradicated second NVA ERP (Tally)Owned Tax Compliance to ensure TDS, GST, Outward/Inward Remittances and resolved historical demand notice pertaining past 10 yearsOwned Regulatory Compliance related to viz., ROC, RBI, LEI, FIRC, etc.Implemented API Integration Solutions in AP domain to automate PTPHandled scalable Payroll system Integration in order to accommodate organizational growthSuccessful Implementation Fixed Asset (70 Mn) Module in NetSuite

Chennai, Tamil Nadu, India

Leading Revenue Accounting CoE services (17 Bn) catering across Philips global entities, delivered 10% productivity Managed 30 Org Units in APAC Region, building a high-performance team of 40 members, delivered seamless MEC, variance analysis with business insights, effective Internal Controls with satisfactory audits & improved KPI matrices Delivered End-to-end Planning, Budgeting, ROFO vs Actuals, Key decision-making insights for a specific magnitude, involving vendor management & reduced 40% portfolio (from 14 Mn to 10 Mn) with Org & Process Restructuring Re–engineered breakthrough Technological Transformation in Balance Sheet Reviews (TSRs) with 10K annualized hours productivity (5 FTE savings) and eliminated NVA internal control globally with additional efficiencies Headed Global projects (Growth Fund (20 Mn), COVID–19 Reporting (300 Mn), VAT Taxes Paid (10 Mn)), cutting across 12 Markets, liaising with Group, ARIC, TAG and Central Teams Managed Centre of Excellence (CoE) Transformation in 2019–20, achieved 20% efficiencies Conducted Organizational Improvement & Stakeholder Engagement Program improving both Voice of Customer by 15% and Employee Satisfaction by 10% Led Operational Excellence Project meeting productivity targets and proactively created strong pipeline for next year Delivered Quality Improvement program on Balance Sheet Account Reconciliation (BSAR) Harmonization (90%), Global BSAR, Reducing IRAs with P&L exposure & Open Item Management Enhanced Philips Excellence Framework & Guided New Knowledge Management Model to achieve 100% compliance Guided operating model functional, technical, and soft skills training for 400+ employees ranging from entry level to mid–senior level

Chennai Area, India

Led Group Consolidation (circa 150 entities), Reporting Balance Sheet, Income Statement and other KPIs as per IFRS standards to publish in Annual Report & present it to CFO Office Re–engineered 50% of team capacity through input synergies, standardization & automation, and capacity optimization

Chennai Area, India

Monthly / Quarterly submission of key financial metrics on profit drivers, KPI for effective decision making Constant assessment of pro-formas, organizational structure changes, mock-up schedules, to keep reporting function up to date to ensure quality to regulators & stakeholders Act in Advisory role by performing User Acceptance Test (UAT) for Group Ledger to assess if the ledger inputs to Group aligned with regulatory disclosure requirement and suggest any change requirement on consulting TAO Teams Managed Budgeting, forecast process, partnering with Actuaries in Embedded Value methodology

Chennai Area, India

Migrated and Headed 26 diversified Legal Entities as an Entity Controller (incl Iveco) during 2013 Delivered Balance Sheet Analysis with Commentary, P&L Variance insights between ROFO and Actuals Released 40% capacity, through streamlining processes by removing non–value adds, in 2 years

Chennai Area, India

Migrated Financial Control & Reporting function from Barclays Corporate in Q3 2011 Migrated General Ledger functions from Barclays Assets & Sales Finance wing (Corporate Banking) in Q3 2009 Managed Inter-Company process across Barclays Corporate bringing down IC balances from 2Mn to 30K through a crucial White Belt project Managed BRS for 70+ Accounts to ensure that all the Bank Transactions are accurately accounted, flag Open Items to the respective stakeholders and help them to identify & resolve open items in minimum Turn Around Time

Chennai Area, India

Reconciliation between Accounts Payable and General Ledger. Reconciliation between TDS, VAT, WCT & Service Tax Remittance and General Ledger Tallying all Accounts Payable transactions with Trial Balance of the Company Finalizing monthly outflow of Service Tax, TDS (Tax Deducted at Source), VAT (Value Added Tax) and WCT (Work Contract Tax), supporting Month close activities Experienced in issue of TDS Certificates (Form – 16A) Daily and Monthly MIS reports viz., Expense Variance Analysis, Logical flow of day – to – day Accounting & Appropriate

Chennai Area, India

3 Months Contract Job: Worked at “Aithent Technologies” Chennai on a 3 months short term assignment, as “Tax Book Marker – Finance” from January 2006 – March 2006 where I was responsible for Book Marking & Review US Taxation submissions and send it back to CPAs in US

Chennai Area, India

3 Months Contract Job: Worked at “Prolease (India) Private Limited” Chennai on a 3 months short term assignment, as “Analyst – Finance” from January 2005 – March 2005 where I was responsible for verifying Income Tax proof submissions based on Tax Laws and handling Individual Tax related queries

Aicwa, Costing, Finance, Accounts, 35Th Rank

Acs - (Final), Corporate Secretaryship, Inter

B.Com (C.S), Finance, Accounts, 1St Class

Education record