Chief Financial Officer with expertise in Corporate finance strategy, profit optimization, cash preservation, tax planning, risk management, mergers & acquisitions, people enhancement and mentoring finance professionalsSpecific achievements include:Leading successful IFRS implementation in Cummins group of entities in 2009-10 Being the recipient of the Vice President Award for Outstanding Performance at Dell in 2007 for leading the accounting efforts of their newly made-up manufacturing plant in India.Published pieces include:Article on Risk Assessment in the April 2014 issue of "The Chartered Accountant", the premier Journal of The Institute of Chartered Accountants of India Article on "UK Bribery Act 2010 - An analysis of Section 7" in the "Corporate Compliance and Ethics" Magazine of The Society of Corporate Compliance and Ethics in Jul 2018Significant contributor as the author of conceptual content for the Certificate Course on Internal Audit (CCIA) of The Institute of Chartered Accountants of India (ICAI) -Apr-Jun 2018Article on "Benford's Law still works" published in "The Fraud" magazine of Association of Certified Fraud Examiners, USA - May/Jun 2020Article "On Giving and Receiving - What does your hospitality policy say?" published in the Jul 2020 issue of "Compliance and Ethics Professional" magazine of The Society of Corporate Compliance and Ethics (SCCE) USAThe public speaking assignment includes:Speaker on “Project Cost Estimation and Risk Assessment” as part of the Structured Learning Program at ISRO, Bangalore - May 2018Panelist in Finance Summit in Bangalore organized by Narsee Monjee Institute of Management Studies, Bangalore. (NMIMS) - Aug 2016Faculty for the Certificate course on Forensic Accounting and Fraud Detection of The Institute of Chartered Accountants of India - Oct 2018
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Chief Financial OfficerSlk GlobalKochi, Kl, In -
Chief Financial OfficerPlan.Net Technest India Nov 2021 - PresentMumbai, Mumbai , InCorporate strategy, profitability & performance optimization, risk management, tax planning, mergers and acquisitions -
Consultant On EngagementCummins India Nov 2019 - Nov 2021Pune, Maharashtra, InBook close, profitability management, internal controls -
DirectorSpearhead Services Pvt., Ltd., (A Member Of Baker Tilly Global Centre Of Excellence ) Apr 2013 - Oct 2019Global, GbAccountable for managing businesses in Accounting, Financial reporting, transaction (GST) taxation implementation and compliance, internal auditing, due diligence, internal controls as per COSO framework, Implementation of Internal Financial Controls (IFC) as per the Guidance Note issued by the Institute of Chartered Accountants of India, Risk management withing the overall framework of Enterprise Risk Management, Business continuity & Disaster Recovery including Building Resilience and Desktop review, Regulatory and Labor law compliance, Fraud prevention and detection, ISO 27001:2013 & Sarbanes Oxley compliance for clients in diverse fields of operationsDirect execution of Virtual CFO services, Managed financial, accounting, Human resources and Payroll services including Retirement management encompassing PF, Gratuity and Superannuation across diverse sectors of industry with repeated customer satisfactionChief Information Security officer responsible for ISO 27001:2013 strategy and implementationEducationist on Fraud Prevention and Detection - Online trainer in two educational portals of repute -
Fraud Prevention ControllerAllianz Cornhill Oct 2010 - Jan 2013Guildford, GbAccountable for the operations of Assurance function encompassing >Sustenance of COSO framework of ERM >Risk Management including strategy, planning and facilitation of Risk Assessment >Business Continuity strategy, planning and execution for operations having >1000 employees, >Compliance with UK Bribery Act and Data Privacy Laws>Managing the certification efforts in Quality management systems including ISO 9001 and ISO 27001Fraud Prevention and Detection responsibilities include:>Conceptualization, Initiation, Preparation and Implementation of Whistle blowing policy and hotline>Strategy, planning and facilitation of Corruption Risk assessment>Fraud Investigation>Fraud Risk assessment and fraud audit>Conceptualization, preparation and implementation of Internal control policies and procedures>Trainer on Allianz ethics, code of conduct and value systems>Tone at the top trainer for new inductees>Architect of Solvency 11 compliance in the subsidiary>Preparation and maintenance of the mother document on Solvency 11>Regulatory compliance Business Continuity Management>Conceptualization, Initiation and implementation of Business Continuity process in the company>Periodic testing and reporting >Desktop review>Assessing Intra and Inter building resilience>Live testing of the Disaster Recovery site -
Accounting ControllerCummins Inc. Jan 2008 - Sep 2010Columbus, Indiana, UsRole encompassed implementing and sustaining a robust and dynamic internal control environment for Cummins and Cummins group companies in India. It also involved facilitation in compliance with COSO framework of ERM for internal controlsCorporate accounting with wide responsibilities including Corporate consolidation, accounting policy compliance and reporting as per IGAAP and US GAAPProject Manager responsibilities for successful implementation of IFRS for Cummins and Cummins group of Companies in India -
Finance Manager - Accounting And Transactional TaxDell Jan 2006 - Jan 2008Round Rock, Texas, UsFinance Manager for Accounting and Transactional tax for USD 200 Million company manufacturing Computer hardware {Personal Computers, Notebooks, Servers}Accounting, Treasury, Financial Reporting and Audit compliance in accordance with IGAAP and US GAAPTransactional tax compliance in 24 states and ensuring risk mitigation in the indirect tax domainSuccessful implementation of manufacturing accounting for the newly constituted plant of Dell India Private Limited in Sriperumbadur, Chennai in 2007-08 for which the coveted Dell Vice-President award for lasting contribution was conferred -
Manager - Corporate ServicesErnst & Young May 2005 - Jan 2006London, GbIncubation Accounting, Financial reporting, Statutory audit compliance, payroll and other compliance services for various companies incorporated in India. -
Finance Site Leader Of Lovelock & LewesGe Healthcare May 2003 - May 2005Chicago, UsFinance Site Leader responsible for Accounting, Corporate Reporting, Statutory audit compliance, Internal audit compliance and Process improvementsExtensive post implementation issue resolution in Oracle 11i financial accounting and reportingFinancial Controller for GEMS - IT, a business segment in the manufacture of cardiac machines for hospitals -
Specialist Officer - Finance & AccountsIng Vysya Bank Jul 2002 - Feb 2003Bangalore, Karnataka, InSpecialist officer responsible for Accounts Payable and Fixed Asset accounting function in the Corporate OfficeInitiated successful implementation of Centralization of account payable function for 430 bank branchesSpearheaded process improvement efforts in the corporate office in the domain of account payable and fixed accounting -
PartnerPillai & Pillai Chartered Accountants Jan 1998 - Jun 20021.Responsible for Statutory, Revenue, Expenditure, Internal and Concurrent audits of various public and private sector banks and Regional Rural Banks2.Other service portfolio included the following:>Accounting outsourcing>Payroll processing>Fund syndication3. Business development
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Audit AssistantDeloitte 1997 - 1997Worldwide, OoResponsible for conducting statutory and internal audits of public and private companies -
Audit AssistantPillai And Pillai Chartered Accountants Sep 1993 - Dec 1996Responsible for statutory, internal and concurrent audits of public and private sector banks and regional rural banks.Accounting process outsourcingProject related work including initiation, planning, preparation, facilitating execution and assistance in controlling and monitoring and final reporting
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Chartered Accountancy Industrial TraineeVoltas Limited Sep 1992 - Aug 1993Mumbai, Maharastra, InAccounting, Corporate Divisional Reporting and Statutory audit compliance for the branch office of Voltas Limited in Bangalore -
Chartered Accountancy Article TraineeDeloitte Sep 1990 - Aug 1992Worldwide, OoAudit, Audit and Audits...
Venkat Pillai Education Details
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The Institute Of Chartered Accountants Of IndiaLaw -
CimaManagement Accounting -
IcaewAccounting And Finance -
University Of CalicutAccounting And Finance -
IcaewAccounting And Finance -
IcaewAccounting And Finance -
IcaewAccounting And Taxation -
CimaAccounting And Business/Management -
CimaAccounting And Business/Management -
CimaAccounting And Business/Management -
Cima -
Cima
Frequently Asked Questions about Venkat Pillai
What company does Venkat Pillai work for?
Venkat Pillai works for Slk Global
What is Venkat Pillai's role at the current company?
Venkat Pillai's current role is Chief Financial Officer.
What schools did Venkat Pillai attend?
Venkat Pillai attended The Institute Of Chartered Accountants Of India, Cima, Icaew, University Of Calicut, Icaew, Icaew, Icaew, Cima, Cima, Cima, Cima, Cima.
What are some of Venkat Pillai's interests?
Venkat Pillai has interest in Education, Economic Empowerment.
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