BALAJI RAJAKUMARAN
Manager
Bangalore
Summary
I am a dedicated and proficient professional with 18 years of experience in project management, compliance, and accounting operations across various regions. Known for strong leadership, communication, and problem-solving skills, I thrive in dynamic environments where I can drive organiza success and compliance adherence.
Overview
19
19
years of professional experience
4
4
Certifications
1
1
Language
Work History
Accounting and Tax Manager in BAMEAC
Novo Nordisk Turkey
01.2022 - 06.2025
- Established CoE setup in BAMEAC as a project manager to centralise the process under one umbrella, changing the reporting line and stabilizing the process
- Led the standardization of processes across BAMEAC affiliates by identifying procedural gaps and developing a comprehensive action plan to address these issues
- Identified and offshored tasks to Global Business Services (GBS) to standardize processes across all affiliates in the Business Area
- Provide daily support to accounts on their queries, conduct quarterly follow-ups on open items, and establish trusted business partnerships with accountants and F&O
- Monitored accounting controls within Assurance Connect and provided support to affiliates in their execution
- Conducted Finance Health Checks for affiliates to ensure audit preparedness. Identified gaps, shared best practices, provided actionable items, and supported them in implementation of actions
- Supported affiliates during Audits and Year-end process
- Leading the Accounting network forum, preparing newsletters, and reporting BA’s performance to management
Associate Manager - Accounts Payable (APAC, China & Japan)
Novo Nordisk GBS Bangalore
01.2019 - 01.2022
- Directed and managed team activities, ensuring the effective prioritization and equitable distribution of tasks.
- Stakeholder Management - Held feedback sessions with stakeholders and developed action plans.
- Facilitated Individual Development Plan (IDP), one-on-one, and performance appraisal discussions
- Led consolidation projects for invoice coding and standardization.
- Facilitated AP workshops to tackle challenges and enhance CSAT
- Optimized WHT processes and deployed automation bots.
Headed Compliance operations in GBS
Novo Nordisk GBS Bangalore
01.2017 - 01.2019
- EFPIA payment disclosure - Successfully transitioned and assumed full ownership of EFPIA re-porting for the Europe-East region, ensuring the process is stabilized across all affiliates
- Assisted BECO team in updating the compliance framework by validating and consolidating inputs for both corporate and local requirements
- Collaborated closely with the Data Protection Office at headquarters to manage data subject re-quests and handle data breaches in compliance with GDPR
- Assisted in developing the tool for the Global Fair Market Value project and managed affiliate approvals and inquiries.
- TPR Vendor Due Diligence Support - Investigate to identify any potential red flags associated with the TPR. Share the findings and relevant documents with the legal team for further action
- To minimize incorrect postings and tagging related to HCP/HCO, we organized an AP roadshow to disseminate the HCP guidelines and raise awareness about HCP/HCO payments. Additionally, we prepared and distributed handouts highlighting the key points to the AP team
- Successfully transitioned Event pre-notification approval process from Germany and Implemented Controls for Nordic HCP process
- Monitoring the HCP database and upload activities - ensuring that payments related to honoraria, travel, and other expenses are accurately tracked and reported in the system
- Managing queries concerning HCP/HCO and EFPIA payments
EBT in Mexico
03.2016 - 07.2016
- Responsible for implementing CLAT offshoring strategy by determining which tasks are appropriate for offshoring to GBS
- Standardization and Automation: Established a standardized General Ledger (G/L) and cost centre process in CLAT through the creation of templates and clean-up activities. Automated the invoice scanning process by implementing a scanning mailbox for CLAT, which resulted in the elimination of paperwork, reduced processing time, and facilitated mass printing by creating a variant in SAP with the assistance of the IT department.
- Managed accounting responsibilities, including month-end closing and general ledger reconciliations, as well as e-procurement tasks
- Developed new process and reporting structure for accounts receivable to ensure more reliable data and better communication to management. Additionally, implemented a stronger process for monitoring expenses at distributors.
TL and Sr. Professional - AP HQ team in GBS
01.2009 - 01.2016
- Spearheading the daily operations and performance metrics reporting
- Driving standardization and simplification projects
- Effective stakeholder management and maintaining a high-performing team
- Facilitated Individual Development Plan (IDP), one-on-one, and performance appraisal discussions
- Invoice processing and vendor master quality check and confirmation
- Daily work planning and allocation of work and Follow ups on completions
- Providing process inductions and training to team
SIEMENS INFORMATION PROCESSING SERVICES (SIPS) PVT LTD
01.2006 - 01.2009
- Invoice processing and handled emergency payments, mails, and coordinated with customer relations for queries.
- Coordinated with vendors and buyers to resolve invoice issues.
- Managed invoice reversals and reposting, credit memos, PO discrepancies, check stop payments & re-issues, ACH payments and wire transfers
Education
Bachelor of Commerce - B. Com
Bangalore University
01.2003 - 1 2006
Skills
Project execution management
Motivated learner
Cross-functional collaboration
Effective stakeholder engagement
process standardization
Accounting operations
Team management
Audit assistance
Certification
Project Management Professional (PMP) Certification
Timeline
Accounting and Tax Manager in BAMEAC
Novo Nordisk Turkey
01.2022 - 06.2025
Associate Manager - Accounts Payable (APAC, China & Japan)
Novo Nordisk GBS Bangalore
01.2019 - 01.2022
Headed Compliance operations in GBS
Novo Nordisk GBS Bangalore
01.2017 - 01.2019
EBT in Mexico
03.2016 - 07.2016
TL and Sr. Professional - AP HQ team in GBS
01.2009 - 01.2016
SIEMENS INFORMATION PROCESSING SERVICES (SIPS) PVT LTD
01.2006 - 01.2009
Bachelor of Commerce - B. Com
Bangalore University
01.2003 - 1 2006