Summary
Overview
Work History
Education
Skills
Certification
Timeline
Manager
BALAJI RAJAKUMARAN

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

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
BALAJI RAJAKUMARANManager