Summary
Overview
Work History
Education
Skills
Awards
Timeline
ResearchAssistant
Akilan Palaniappan

Akilan Palaniappan

Chartered Accountant (ICAI), B.Com
Chennai

Summary

Chartered Accountant (ICAI) with over a decade of post-qualification experience in global MNCs and Big 4 firms, specializing in financial controllership, statutory audits, and financial reporting. Expertise in leading teams and implementing process improvements that enhance operational efficiency. Proven track record of delivering high-quality results while adding strategic value to organizations. Committed to leveraging extensive financial acumen to drive business success and foster sustainable growth.

Overview

11
11
years of professional experience
2
2
Languages

Work History

Manager, Global Statutory Reporting (GSR), Controllership

DXC Technology
01.2020 - Current
  • Part Global Statutory Reporting (GSR) team in the Financial Shared Service, overseeing end-to-end financial reporting for multiple legal entities within the DXC Group in UK (Revenue $150mn) and South East Asia regions (Revenue $430mn).
  • Review financial statements prepared by reportees, ensuring adherence to applicable GAAP, & group policy.
  • Hands-on experience in complex accounting areas including leases, revenue recognition, financial instruments, business combination, consolidation, impairment testing, GAAP bridging (e.g., IFRS vs. US GAAP).
  • Partner with regional controllership, business, R2R and audit teams to ensure timely and accurate statutory reporting and clean audit closures. Substantially reduced lead time by an average of 2 months ahead of regulatory timelines.
  • Successfully lead a team of 6-7 members: providing technical guidance, mentoring, leading performance reviews, and conduct team-building activities to enhance working relationships.
  • Identify process improvements – such as standardized checklists, conduct quality reviews, reduce dependencies and optimize data retrieval.
  • Manager, GSR, Controllership | Oct 2022 to Present

Associate Manager, Global Statutory Reporting Team, Controllership

DXC Technology
01.2020 - 09.2022
  • Prepared standalone & consolidated financials with disclosures, ensuring 100% statutory compliance under local GAAP.
  • Proactively coordinate with external auditors and various departments to respond queries, prepare support files and challenge appropriateness of disclosures.
  • Meticulously analyze transactions and recommend accounting treatments to ensure compliance with local GAAP requirements.

Deputy Executive Manager - Finance

Chemplast Sanmar Limited
01.2017 - 10.2019
  • Worked as a part of the Business Finance team (FP & A) of 6 members and report directly to the CFO and GM Finance.
  • Contributing to timely submission of flash reports, preparation of consolidated monthly accounts, MIS & month-end close activities, annual & quarterly budgets along with variance analysis to the management (revenue $400mn).
  • Built financial models to evaluate projects and investments, applying techniques of valuation, cash flow analysis, and scenario modeling for management and investor presentations.
  • A systematic review of GST notices, IT Notices, General ledgers, Receivables and Payables; managed a staff of 5-6 and resolved discrepancies. Daily review of various bank charges and took steps with banks to obtain refunds in case of excess charges.
  • Efficiently centralized daily cash monitoring and prepared detailed projections for top management for decision-making ($400 mn). Analyzed cash flow trends/variances & strategies with CFO. Effectively managed and strategized short-term investments of surplus funds with the Group’s treasury.
  • Well organized planning and tracking of utilization levels of working capital credit facilities ($400 mn) to maximise funds availability. Timely presentation of detailed forecast to CFO and Top Management for highlighting utilization trend and decision making.
  • Strictly monitored compliance with covenants with lenders; ensured on-time funds availability to avoid defaults, to prevent penalties and rating downgrades.

Executive

SR Batliboi and Associates LLP (Member firm of EY)
09.2014 - 11.2016
  • Company Overview: Firm profile: Indian member firm of EY, a Big-4 firm, focusing on external audit and assurance services.
  • Successfully led statutory audit, ICFR/SOX compliance, Group reporting (USGAAP), tax audit, and SEBI limited review of companies in Automotive manufacturing, furniture maker, trading, and shared services.
  • Effectively handled multiple audit clients simultaneously using strong management skills by prioritizing, delegating, and escalating matters, as necessary.
  • Development of audit plan, managing a team of 2-3, supervising and training of juniors, and liaising between audit partner/manager and client personnel.
  • Meticulously performed audit procedures to provide assurance that they are free from errors, material misstatement and documented the entire trail of audit work based on EY global audit Methodology.
  • Audited vital aspects including revenue, inventory, debtors, recoverability testing of advances and vendor debits, extensive review of manual entries, etc.
  • Detailed process understanding; control testing; documented observations and management responses for critical processes such as order to cash, purchase to pay, inventory management, financial statement closure process, and fixed assets.
  • Verified accuracy of financial statements and disclosures through analytical review and independent reasoning, ensuring factual consistency with underlying records

Article Assistant

Shabbir and Associates
03.2011 - 03.2014
  • Tax advisory & filings: Assessed client tax positions, provided strategic tax-saving advice, and ensured timely compliance with income tax and indirect tax regulations.
  • Efficiently managed income tax & sales tax notices, including assessments, reassessments, rectifications, and scrutiny.
  • Audits: Successfully led tax, statutory and bank audits in compliance with applicable laws, GAAP, and regulations.
  • Independently led internal audits: evaluating inventory, financial records, and cash management, identifying weaknesses, and implementing corrective controls.

Education

CFA Level II Candidate -

CFA Institute
11.2021

Diploma in IFRS - undefined

ACCA
12.2017

Chartered Accountant (ACA) - undefined

ICAI
05.2014

B. Com - undefined

University of Madras
12.2013

Skills

Financial Reporting & Compliance: IFRS, Ind AS, US GAAP, Statutory Reporting, SOX/ICFR, Consolidation

Awards

Promotion to Manager (DXC, Oct 2022): For driving process improvements, stronger compliance, and accelerated close timelines., Champion Catalyst (DXC, Jun 2025): Recognition for organizational leadership and process excellence., Emerald Award (DXC, Aug 2023): Awarded for process improvement and innovation., DXC Champ (Dec 2021 & Dec 2020): Twice recognized performance excellence., Excellerator Award (EY, Dec 2015): For excellence in audit execution, process improvement, and client satisfaction.

Timeline

Manager, Global Statutory Reporting (GSR), Controllership

DXC Technology
01.2020 - Current

Associate Manager, Global Statutory Reporting Team, Controllership

DXC Technology
01.2020 - 09.2022

Deputy Executive Manager - Finance

Chemplast Sanmar Limited
01.2017 - 10.2019

Executive

SR Batliboi and Associates LLP (Member firm of EY)
09.2014 - 11.2016

Article Assistant

Shabbir and Associates
03.2011 - 03.2014

Diploma in IFRS - undefined

ACCA

Chartered Accountant (ACA) - undefined

ICAI

B. Com - undefined

University of Madras

CFA Level II Candidate -

CFA Institute

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Akilan PalaniappanChartered Accountant (ICAI), B.Com