Srinath S. Email & Phone Number

Bengaluru, Ka, In

Pune, Maharashtra, India

Accounts Payables, General Account & reporting, Finance TransformationAssigned with additional roles & responsibilities along with my existing profile. Leading RTR reporting function and team for India entities which includes:Finalization of Accounts this includes monthly, quarterly and yearly closure, Consolidation of Accounts with foreign and Indian subsidiaries.Managing end-to-end accounting of 4 India Entities with record to report and submit financials to the management on monthly basis (volume $ 800Mn) with team size of 12 membersPerforming month end closure activities include review of accruals done along with proper analysis of expenses schedules and vendor master and Open Purchase Order analysis.Preparing audit plan & coordination with auditor for timely completion of audit and coordination with various technical committee for clearing of audit reports.Leading monthly Inter-company, Inter-unit, MIS and GFIS monthly reconciliation.Reviewing revenue based on cost plus method and cross charges within entities.Fixed Asset Accounting includes areas like capitalization and disposal of fixed Assets and treatment of assets under construction/CWIP in the books of accounts and reviewing the point of depreciation.Financial forecasting for budget preparation, variance analysis of PL and Balance Sheet movement YOY basis.MEC Reports review and finalization like Balance Sheet Schedules. Prepaid Amortization, Capital Commitment, Revenue Recognition, Deferred Revenue Adjustments (POC Review), Accumulated Depreciation, Provisions & Accruals, UBR Adjustments and Reporting, P&L Adjustments, Stock Adjustments, Warrant Provisions, Freight Inward and Outward Adjustments and Provision, GIT, HFM (One Stream) Reporting etc.Liaising with Statutory Auditors, Tax Auditor and Tax Team.Co-ordinate with BUF & OTC teams for process gaps, identify and implement solutions

Pune, Maharashtra, India

Supervised the entire accounts payable end-to-end process for APAC Region (SEA, India & ANZ) 31 legal entities (Yearly volume of $ 1500 Mn) and was leading team of 60 finance & accounting professionals.Collaborate with business SPOC's, department controllers, suppliers, bankers, taxation, compliance/governance, CFS and procurement teams to achieve targets & getting desired results.Define & maintain KPI's, reporting process, monitoring systems for team members and processes.Resource planning, hiring, setting up targets for team members and performance management. Forming Individual development plan for resources, training, coaching for qualitative deliverables.Leading local treasury & banking activities, cash flow, BRS and variance analysis preparation on timely basis ensuring minimum variance.Work with various technology teams to innovate, identify and develop long-term scalable technology solutions to support business growth, Compliance & Statutory reporting requirements.Experienced in process improvements, transformation & CI initiative for smooth functioning, bringing efficiency with technology and cost saving positive impact on P&L.MEC Closure & Balance Sheet schedules review and finalization.

Bangalore

Supervising Accounts Payable Team with 6 FTEs (Yearly volume $ 100 Mn)Balance Sheet review for payables, receivables, banks, Inter-companies etcCost allocation to projects and respective LOBsAnalysis of project cost as per planned and revenue numbersCollaborate with user departments & teams across organisation for smooth process runCo-ordinating with auditors on timely closureIntercompany reconciliations and reporting

Bengaluru Area, India

Supervising the entire marketing accounts related to dealer’s operation, media activity, information system and branch accounting (Yearly volume $400 Mn)Budget planning & tracking of UtilizationAccounting invoices related to Marketing activities, Branch's & ISDealer Claims review and approval for ATL/BTL activities, Warranty Incentives, Vehicles Incentives etcAccounting of Warranty provisions as per policyYear-end audit and finalization of accounts

Gurgaon, India

Led accounts payable for Manufacturing Units in Finance Shared Service for local and strategic vendorsMonitored expenses and compared against budget and deriving at Provisions where necessaryInter Units and Receivable Account Reconciliation with the 18 units at every month endCoordination with units with regards to Excise, Service Tax and VAT Reconciliations for Return SubmissionReviewed TDS deductions from vendors at month end and correctionsManaged GIT working for provisions with proper supply details on month end

Gurgaon, India

Managed payment collection and declaration forms; bank payment reconciliation against customer ledgersPrepared MIS reports regarding recoverable and non-recoverable payments to provide feedback to top management for decision-making processNegotiated documents with customers and relative bank, interacted with customers at commercial documentation and queriesCoordinated with tender businesses such as bidding, enquiry analysis handling bank Guarantee / EMD process as per PO terms and customer’s requirementsCo-ordination with Plant and Billing team for dispatch of materials and payment clearance