Abhiram Daware
Achalpur
Summary
Analytical and innovative accounting professional with extensive hands-on experience in finance and accounting. Specialized in Intercompany Accounting, Record-to-Report (R2R), backline reconciliation, review and IC commission, general ledger management, auditing support, accounts receivable, and collections. Proven track record of implementing lean processes and managing a variety of challenging assignments across IT, ITES, BPO, and KPO sectors. Adept at driving process improvements and delivering effective financial solutions.
Overview
17
17
years of professional experience
Work History
Analyst - Global Inter-Company Accounting Professional
International Flavors & Fragrances Inc
Hyderabad
02.2021 - Current
- Involved in Dow-DuPont and M&A projects as a Global Intercompany Workstream Leader.
- Successfully completed transition of Dow intercompany process till Go Live.
- Reduced the Inter-company variances by coordinating with different finance teams, resulting in Write-off’s %
- Handled all regions for Inter-Company Operations of Dow intercompany entities.
- Responsible for complete end-to-end IC transaction monitoring, controlling, and reporting.
- Prepared MJV and Reconciliation Dashboard report with Intercompany MEC status.
- Implemented and led Monthly Process Review and action items with Management.
Analyst
DuPont India PVT ltd
Hyderabad
08.2011 - 01.2021
Journey in DuPont India starts in 2011 from Accounting Specialist to Financial Analyst.
- Handled the EMEA, Asia region for Inter Company Operations
- Successfully completed onsite transition of Danisco intercompany process
- Prepared & posted accruals to reduce the variance found in AR/AP matching report
- Blackline reconciliation reviewer and monitored open items which are >100M
- Solved Inbound and Outbound errors for Trade, Service and Commission invoices
- Processed invoices, accruals, credit memos, reclass, payment block (A/R) clearing, and retroactive adjustment entries.
Process Associate
Genpact India Pvt Ltd
Hyderabad
02.2008 - 08.2011
- Handled Collection & Cash Management
- Downloaded banking reports and performed batch reconciliation of wire payments
- Maintained day-to-day working tracker to calculate productivity
- Cleared open items in customer accounts
- Domain expertise in 'order to cash', customer and credit management, cash application
- Processed customer account adjustments and provided payment information to the Credit manager and Auditors.
Education
High School Diploma -
NIIT
Hyderabad02-2008
Bachelor of Commerce - Accounting
Bhagawantrao Shivaji Patil Mahavidyalaya, Paratwada Amravati
Achalpur, Maharashtra05.2003
Skills
- Project Management
- Accounting Operations
- Production (Account Maintenance) Transitions, Migration, Stabilization
- Process Management Business Process Management
- Improvement & Implementation
- Root Cause Analysis
- Extensive knowledge of SAP
- Documentation And Reporting
- Innovative and Proactive Approach
- KPI analysis
- Audit Support
Personal Information
- Passport Number: M8293672
- Date of Birth: 11/21/80
- Gender: Male
- Nationality: Indian
- Marital Status: Married
Awards
- Employee of the Year, 2020
- Star of the month, January, 2018
- Star of the month, February, 2018
- Lean champ, 2016, 2nd highest Lean Idea in DSCI Finance
- Customer Delight, January, 2015
- Miracle Team of the month, 2012, for best team player in September
- Grab Scout Guide state award, November, 1996
Extracurricular Activities
Taking daily team huddle on daily basis. Conducting white-board training & Process Knowledge Test. Actively participating on Management initiatives employee engagement, like arranging the flour quiz. Transport, Fun committee and Team outing co-coordinator.
Affiliations
- Led Global Intercompany Separation and M&N Project for Dupont and IFF.
- Lean projects (Auto Attachment in SAP, Auto Invoice Posting), reducing inbound errors by 26% and achieving zero errors.
- Streamlined processes by identifying new SAP T-codes and completing process documentation in six months.
- Improved reconciliation rates and reduced aged commission open items by 93%.
- Conducted root cause analysis to enhance quality and reduce recurring errors.
- Trained new team members and led white-board training sessions.
- Organized team outings, transport, and employee engagement activities like floor quizzes.
Languages
Marathi
First Language
Hindi
Advanced (C1)
C1
English
Upper Intermediate (B2)
B2
Telugu
Beginner
A1
Accomplishments
- Employee of the Year (2020): Awarded for exceptional contributions to financial process improvement and leadership.
- Star of the Month (January & February 2018): Recognized for outstanding performance in achieving key process targets.
- Lean Champ (2016): Secured 2nd highest Lean Idea award at DSCI Finance for innovative process improvements.
- Customer Delight Award (January 2015): Honored for delivering exceptional customer service and exceeding expectations.
- Miracle Team Award: Recognized as a key team player with the “Miracle Team of the Month” award in September 2012, August 2013, 2015, and 2016.
- Scout Guide State Award (November 1996): Received state-level recognition for participation in the Scout Guide program.
Career Journey
1. Analyst (Level-II) - International Flavors & Fragrances Dates: Oct 2022 – Present
2. Analyst (Level-I) - International Flavors & Fragrances Dates: Feb 2021 – Sep 2022
3. Financial Analyst - DuPont India Service Center Pvt Ltd Date: Apr 2020 – Feb 2021
4. Senior Specialist (Level-II) - DuPont India Service Center Pvt Ltd Dates: May 2018 – Mar 2020
5. Senior Specialist (Level-I) - DuPont India Service Center Pvt Ltd Dates: Jan 2016 – May 2018
6. Senior Specialist - DuPont India Service Center Pvt Ltd Date: Jul 2013 – Apr 2016
7. Accounting Specialist - DuPont India Service Center Pvt Ltd Dates: Aug 2011 – Jun 2013
8. Process Associate - GENPACT India Pvt. Ltd. Dates: Feb 2008 – Aug 2011
Timeline
Analyst - Global Inter-Company Accounting Professional
International Flavors & Fragrances Inc
02.2021 - Current
Analyst
DuPont India PVT ltd
08.2011 - 01.2021
Process Associate
Genpact India Pvt Ltd
02.2008 - 08.2011
High School Diploma -
NIIT
Bachelor of Commerce - Accounting
Bhagawantrao Shivaji Patil Mahavidyalaya, Paratwada Amravati
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