Venugopal Pai Email & Phone Number

Pune, MH, IN

Pune, Maharashtra, India

Working as a Senior Manager Finance, handling Revenue assurance team along with COGS and inventory accounting, Royalty end to end accounting/reporting under ASC 606 cost to contract, NCR Spare part inventory exposure of $15M, AR/PO/COGS module close & CFO Quarterly deck for Management, program for Complex Deferred GL reconciliations, Audit PBC, P&L and.

Pune, Maharashtra, India

• Joined Veritas as a Manager for Revenue Assurance team managing global revenue operations from Pune. Handling Above scope deal, credit memo Analysis, VSOE/SSP Analysis, FV calculation, AR Reserves, statutory.
• Resources planning, team hiring, transitioning and training a new team of analysts.
• Leading the Revenue functions from Pune by ensuring worldwide revenue assurance as per guidance of US GAAP (ASC 606/605, EITF 08-1, SOP 97-2), own the process of deal scoping, above scope deal review, $250K Deal Packs.
• Overseeing the global Fair Value SSP study for deriving yearly SSP percentage, EY audit support for Non-GAAP study, quarterly workaround for RMA reserve under ASC 606 variable consideration.
• Coordinating both internal and external reporting schedules, audit support for PBC review of internal control for royalty, AR and Inventory functions.
• Exposure in company’s adoption of ASC 606 framework including migration of RevPro 2.4 to 3.6, cutover testing, UAT for ASC606 and RevPro migration to cloud.

Bangalore Urban, Karnataka, India

• Worked as a Senior Lead Financial Analyst with HPE, handling HPE large contracts, managing ITO and Application business portfolio of over $100MM, global P&L for execution strategy, plan and managing resources / costs /.
• In depth knowledge of Flash/Forecast process for Revenue, expenses and Headcount.
• Consolidating the regional P&L for complex verticals under ITO & APPS business for American Region.
• Provide Forecast guidelines to Business in order to run the business per corporate guidelines and involved in building the pricing modules for transforming the new / renewal of large contracts.
• Work closely with Leadership team to provide an in-depth business analysis, KPI Analysis, Revenue assurance as per the ASC 605/606 framework, Provide data deck to Monthly/Quarterly Business reviews.
• Responsible for Achieving million-dollar cost saving to overall IT budget by cost Envelope Plan.

Bangalore Urban, Karnataka, India

• Worked as Corporate Finance Manager – Controllership in Wipro Limited, handling corporate accounts for Wipro Technologies. Nature of work handled
• Handling the corporate accounting and monitoring the timely completion of deliverable.
• Responsible for P&L and balance sheet including application of accounting GAAP and IFRS for expense provision thereby responsible for ensuring internal controls in Employee Cost of Wipro Technologies.
• Audit Closure - Local Statutory Auditors, SOX Process Regulatory Audits, addressing audit procedures & queries, system walk- throughs, end to end support, substantiations, ensuring timely audits closure within a tight.
• Financial review for various ledger accounts and reporting month end financial including all subsidiaries of Wipro technologies.
• Process health upkeep through identification of inherent vulnerabilities and mitigating controls by centralizing the process for subsidiaries at Controllership.

Bangalore Urban, Karnataka, India

• Worked as an Assistant Manager, Business Finance handling the US operation in MetricStream Inc, a US based GRC Software Company,Nature of work handled
• Handling onsite migration of Finance and Revenue process from HQ in California US..
• Managing US operations of Revenue recognition as per US GAAP and MIS, cash management operation of account receivable team for invoicing and collection, Revenue Recognition in multiple software products like License.
• Handling contract management and coordinating with Sales & Project team to finalize legally binding contracts, helping sales for reviewing the new customer NDA agreement & finalizing the RFP with supporting document.
• Implemented Microsoft Dynamic into Finance and project accounting by migrating Finance, project accounting and Revenue functions successfully.
• In-charge of completion of statutory audit and other due diligence for entire revenue and AR functions

Bangalore Urban, Karnataka, India

• Worked as an Assistant Manager Finance and Planning for IBM GBS Internal Accounts with FP&A team.Nature of work handled
• Handled onsite US transition of migrating large contract deals of Finance and planning analysis process for AT&T ADM contract under communication sector in GBS FP&A.
• As an AT&T Lead FA, responsible for revenue, deliverables of team including SLA, TAT, timely execution & communication of MPR reports to the Line team/counterparts.
• Worked on IBM large contract planning and Forecast on revenue recognition under US GAAP. Preparing Variance analysis and Reviewing with FSM for enlarging and pointing the business growth on end to end basis.
• Handled the monthly activity to close the ledger and worked on financial actual as Individual contributor supporting end to end. Provided inputs and guidance on revenue recognition for SOW contracts.
• Preparation of Utilization report through coordination with the Global Resource team.

Bangalore Urban, Karnataka, India

• Worked in Financial Service Centre (FS) under Commercial Finance as an analyst and End to End support on TESCO mobile Deal.Main Responsibilities:
• Acted as a single point of contact in TESCO Mobile Contract from finance, handling Financial Accounting, Reporting and Monthly book closures under IFRS.
• Handling WIP and Control Accounts for Balance sheet Team, GL verification, Reconciliation of GL for inter-company transactions.
• In-charge of Invoice Passing Controls. Maintaining Control ledger and supporting Balance sheet team on Balance sheet control mechanism by holding 170 “TESCO UK finance ledger”.
• Supporting Tesco Mobile and Branded Online processes, various reports for WIP and control accounts.
• Preparing MIS on daily online sales report and interacting with client on real time basis.

Bangalore Urban, Karnataka, India

• Joined as an Executive in OPI (Currently EXL Services Ltd.) to the Annual Reporting Team of US Statutory compliance teamMain Responsibilities:
• Preparing Financial Annual Report for US Client as per the US state requirement of US-GAAP
• Preparation of Cash flow and Fund flow statements and reconciling the bank with trust deposit Accounts, preparation of Financial flows as per US statutory compliance to monitor the overall fund and calculate the Net.
• Working under process called debenture check and Bond Analysis. Analyzing the Outcome on investment and investment distributing calculation.
• De-risking Balance Sheet on review and mitigation plan, Focus on Cash Flow & ROCE Key Parameters.
• Co-coordinating with Team Lead in preparing Daily Reports and training newly recruited people.

I was appointed as senior audit and taxation Executive at Dev Kumar & Co. Mangalore from Sept 2002 onwards.

Mba, Finance

Ca Inter, Technical Accounting Certificate

Bachelor Of Commerce

Education record

Education record