Summary
Overview
Work History
Education
Skills
Accomplishments
Personal Information
Timeline
Generic
Chandrakanth Donthula

Chandrakanth Donthula

Hyderabad

Summary

Currently looking for an esteemed organization to continue my career and to seek a challenging & growth-oriented career that encourages creativity, gives me scope to apply my technical & managerial skills & work towards the growth of the organization which in turn helps in boosting my career.

Overview

11
11
years of professional experience
7
7
years of post-secondary education

Work History

Senior R2R accountant

CBRE South Asia Pvt Ltd
07.2024 - Current
  • Simultaneously taking remote transition and performing activities for US Leased properties
  • Preparing financial reports for the Leased properties and submitting to client
  • Performing accruals, prepaid Schedules for insurance, RE tax, amortization schedules
  • Performing daily bank reconciliation and post the interest and service fee entries
  • Calculating the Management fee on net operating income and post the Journal entry
  • Calculating Owner Distribution amount and transfer the fund to client
  • Validate the Invoices processed into ERP from P2P and void any Incorrectly processed Invoices
  • Validate open Invoices and make payments (cut the checks) to the vendors on a Weekly basis
  • Make the critical payments like Taxes, Insurances, Utility bills online on a timely manner
  • Make sure the receipts are entered correctly and any advanced receipts are applied to charges accordingly
  • Perform variance analysis between budgets and actuals
  • Generates and reviews financial packages for accuracy and comprehensive reporting
  • Prepares packages on a schedule to ensure timely delivery to the client and other management/US BSO teams
  • Reviews and audits funding and payment requests for accuracy, documentation, and authorization in accordance with established operating procedures
  • Responds to and resolves issues and requests from management teams and clients regarding various accounting issues and reports, including Profit and Loss statements
  • Research open accounting issues and recognize potential issues and/or conflicts so corrective action can intercept and minimize issues

Process Delivery Specialist (R2R)

IBM India Pvt.Ltd
01.2022 - 07.2024
  • Leading month end close process whereby handling offshore operations for Hungary & other European markets of Reckitt where I am responsible for end-to-end ICO close deliverables
  • Leading Balance sheet reconciliation meetings with client where I am responsible for commentary for open items and the required actions for the future periods
  • Leading Month end close calls with client post close
  • Performing Intercompany reconciliation for Open items on AP & AR and make sure to have NIL differences between entities
  • Accrual posting for missing invoices to avoid month end mismatches
  • Have done analysis and reduced the count of blocked invoices, overdue invoices, and Accruals
  • Having regular follow-ups with the Customers and vendors to reduce the past due invoices
  • Calculating Royalty and Know How Fee on monthly basis and prepare accrual and actuals
  • Preparing Monthly BSAR (Balance Sheet Account Reconciliation) in Blackline
  • Preparing Profit and Loss reconciliation at YTD level (Year to date)
  • Preparing the monthly accrual report and submit the same to the Management & Client end
  • Performing re-class and correction postings
  • Calculation of Salary charges and Recharges (Expats) accruals
  • Timely reporting of Monthly, Quarterly activities
  • Monitoring of Aging Intercompany Payables and Receivables and handling issues
  • Investigate and identify the causes of incorrect postings and Inbound Data errors and take corrective action to get it fixed
  • Preparing the Month end Reports and submit the same to the Management & Client (SLA& KPI report, CSL report, Balance sheet & open item tracker)
  • Ensure proper approvals to post journals as per threshold limits
  • Ensure Account balance load is pushed to reporting tool and recheck with trial balance with 100 % accurate and coordinate with IT in case of issues
  • Preparing the supplementary files (AR Ageing, Capex, Treasury and Headcount) and uploads in Fusion to validate the errors and resolves during MEC
  • Updating of Work Instructions as and when required
  • Handling escalations, audit requests and critical activities as per client's request
  • Supporting deployments for new Entities
  • Addressing of queries and concerns raised by clients and ensure timely resolution based on SLA
  • Establish procedures to comply & drive process improvement, discipline, and standardization
  • Enhance KPIs to improve productivity and service quality
  • Participate in Governance calls with Clients and present them the status

Management Trainee (R2R)

Genpact India Pvt.Ltd
04.2016 - 01.2022
  • Daily processing of received financial intercompany invoices-goods and services
  • Coded and entered at least 50 to 60 invoices each day
  • Performing preliminary netting, final netting as per netting calendar and same uploading into IT2Net portal
  • Manual payments allocation, clearing and receipts allocation
  • Clearing bank open items like receipts and payment allocations
  • Manual payment preparation, review, and allocation for Non netting entities
  • Clearing of netting mismatches
  • Performing AP AR reconciliation
  • Processing of intercompany Stock and non-stock AP invoices
  • Investigation of no pays for last month netting and clearing the disputes of no pays
  • Preparation of weekly Open item reports like open Missing GR report, GRNI report
  • Sending of Management Financial reports to Clients
  • Clearing of AP and AR mismatches
  • Prepare payment Speciation report file for making the payment to customers
  • Support to OTC allocation for customer payments and send Payment specifications to counter parties after Intercompany Payment run
  • Analyze backlogs, identify root causes and finding possible solutions
  • Processing of Price variance entries, Tax mismatch entries, Write offs and GRNI entries
  • Preparation of open Purchase order report and sending the same to clients
  • Reconcile intercompany account balances and proactively resolve intercompany imbalances

Senior Process Executive (R2R)

Cognizant Technology Solutions
02.2014 - 04.2016
  • Company Overview: Cognizant Technology Solutions is a leading provider of IT services and solutions
  • Prepare the Base Rent, CAM (Common Area Maintenance), Insurance and Re-tax Billings (expenses charges) to tenants and customers on Pro-rata basis
  • Perform lease extension, rent restructure
  • Every period accrual must be done for common area maintenance expenses and security deposits and insurance
  • Perform Balance sheet reconciliations
  • We receive Checks from tenants and customers, we apply the checks with respective billing (CAM, Base Rent, insurance, and Re-tax billings)
  • If aging item found, need to research, and find out the reason and inform to property managers for Collections
  • Followed U.S accounting and sox compliance guidelines and submit the reports to auditors
  • Cognizant Technology Solutions is a leading provider of IT services and solutions

Education

MBA -

Osmania University
01.2010 - 01.2012

B. Com - undefined

Kakatiya University
01.2007 - 01.2010

Intermediate - CEC

Board of Intermediate Education
01.2005 - 01.2007

S.S.C - undefined

Board of Secondary Education

Skills

Excellent communication skills

JD Edwards

SAP

Oracle Financials 22

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Accomplishments

  • Successfully completed Transition of R2R Intercompany Reckitt Poland
  • Transition of Intercompany AR, AP invoicing, netting & allocations, Bank payments and AR allocations, Month end mismatches, accruals, P&L postings.
  • Prepared SOPs and approved by client within the time.
  • Trained IBM Team on all the transition activities.
  • Taken transition remotely & successfully completed transition of Intercompany Reckitt Hungary entities.
  • Selected as Star performer for continuously 3 Months.
  • Won many appreciations from the reporting manager for being an active team player mentoring of peers.
  • Good command over Excel and done a lot of excel work for the team in collating the volumes on daily/monthly basis.
  • Received recognition from Manager for being the risk spoc for process.
  • Star performer in Genpact - received many appreciations for being critical team player.

Personal Information

  • Passport Number: N8
  • 1423
  • Passport Date Of Issue: 03/03/16
  • Passport Place Of Issue: Hyderabad
  • Passport Expiry Date: 02/03/26
  • Father's Name: Sathyanarayana
  • Date of Birth: 06/08/90
  • Nationality: Indian
  • Marital Status: Married

Timeline

Senior R2R accountant

CBRE South Asia Pvt Ltd
07.2024 - Current

Process Delivery Specialist (R2R)

IBM India Pvt.Ltd
01.2022 - 07.2024

Management Trainee (R2R)

Genpact India Pvt.Ltd
04.2016 - 01.2022

Senior Process Executive (R2R)

Cognizant Technology Solutions
02.2014 - 04.2016

MBA -

Osmania University
01.2010 - 01.2012

B. Com - undefined

Kakatiya University
01.2007 - 01.2010

Intermediate - CEC

Board of Intermediate Education
01.2005 - 01.2007

S.S.C - undefined

Board of Secondary Education

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Chandrakanth Donthula