Bharath Karnam
Bengaluru
Summary
Collaborative leader with dedication to partnering with various Teams to promote engaged, empowering Transformation culture. Documented strengths in building and maintaining relationships with diverse range of stakeholders in dynamic, fast-paced settings. Innovative & goal-oriented professional committed toward driving Organization vision.
Overview
13
13
years of professional experience
Work History
Transformation & Impact Assessment Lead
Koch Business Solution India
04.2019 - Current
- Associated with Transformation Team
- Governance & Communication : Established strong relationship with Leadership Team across 5 different Business by ensuring proper information channel is created for effective decision making. Provided more clarity on the status of the goal provided.
- Continuous Improvement: Developed CI policy for all 5 Business to built consistent opportunity pool. Developed parameters to identify Transformation opportunities.
- Process Reengineering: Developed Reengineering methods across 20+ Process in 4 different Business to restrict optimization of unrequired process.
- Supervisory : Elevated knowledge base of Team of 5 to expand scope of contribution. Additionally, conducted Trainings on relevant knowledge such as Effective Communication, Six Sigma etc.,
- Consultant : Ensured Proper consultation provided for appropriate projects, conducted workshop for Goal setting with Division heads & provided frequent updates on the status of each Projects.
- Policy recommendation : Journal, Recon & Automation, Internal Finance controls.
- Design Thinking: Conducted 10+ workshop to identify opportunities, develop vision etc.,
- Research : Developed active research mechanism to keep up with evolving Transformation landscape.
- Vision & Strategy creation: Part of Leadership Teams responsibility to discuss long term goals & identify, create strategies that aligns with vision.
- Associate with Impact Assessment Team
- Associated with A leads who conduct Impact Assessment on all transitions. Assessment such as Headcounts, Total Activities, Controls, Risk etc.,
- Report out all material information to leaders to begin hiring process, collab with controls, Transformation & Project Management Team.
- IA's conducted for almost ~200 FTE's so far since this Team was put together.
GL Supervisor
Koch Business Solutions India & Molex India Business Limited
03.2018 - 11.2019
- Associated with Molex General Ledger Team.
- Trusted with transition of GL Process with above 200 Activities.
- Established activities and knowledge networks to smooth execution of Tasks.
- Evaluated employee performance of General Ledger Team.
- Developed SME's to sustain and maximize execution with limited disruption.
- Applied strong leadership talents and problem-solving skills to maintain team efficiency and organize workflows.
- Created successful work schedules for each team member to maintain MEC deadlines.
- Handled Escalations, resolved issues, and adjusted policies to meet changing needs.
Senior Finance Analyst
Time Inc Now Meredith
12.2015 - 03.2018
- Associated with Treasury Team.
- Reconciliation of Bank Statements on regular basis.
- Reporting cash file of multiple publications consisting of various sources of cash.
- Managing team of 5 people which includes – Work allocation, handling queries, ensuring smooth MEC.
- Reconciling checks received through Image Workflow with Bank Statements for 14 different publishers
- Responsible to get amount cleared if there is any amount missing in either of report (Bank Statement or deposits report)
- Booking all deposits to Company's Cash Account received from various sources to match Cash Account to Bank Statement during Month-end.
Senior Finance Associate
Hewlett-Packard Enterprise
02.2011 - 12.2015
- Associated with General ledger Revenue recognition team.
- Preparation of 100+ Journals & 40 Reconciliation of Revenue Recognition Accounts.
- Consolidation & reporting of Open Items and handing queries.
- Preparation and posting of Journal on various balance sheet accounts and projects.
- Preparation and Review of General ledger reconciliation of major balance sheet accounts such as Unbilled receivables, Prepaid expenses, deferred revenue etc. and Responsible to clear any balance which do not comply with Accounting policy.
- Preparation of balance sheet review of accrued revenue, deferred cost and revenue, accrued liabilities from accumulating reasons for variation for quarter to quarter and reporting same to vertical lead.
- Migration Project : SAP Architectural change leading to balance transfer of 100+ accounts from old Account to New one.
Education
Bachelors of Commerce -
Gulbarga University
GulbargaMasters of Commerce -
GITAM University
BangaloreSkills
- Financial Transformation
- Operations leadership
- Organizational leadership skills
- Leadership Assessment
- Financial leadership ability
- Design Thinking
- Lean Six Sigma Black Belt
- Strong Communication
Key Projects
- Close optimization : 4 Close reduction projects with the highest reduction of 1 day during close.
- Centre of Excellence/Leverage capability (New Operating model) : Designing new operating model for 4 Businesses within Koch focused towards Culture (180 Employees), Process integration (16 Process) & Technology optimization (4 ERP’s)
- Journal Rationalization : Reduction of 80 Manual Journals (Close & Non-close)
- Risk Ranking methodology : Developed Risk ranking methodology for 5K GL Accounts.
- Blackline - Tool Implementation for a Business from ground up.
- Reconciliation dashboard - Reporting tool to recognize identified & unidentified open items across 5 Businesses.
- FX Revaluation - Cleanup of 120+ Account with an impact over $1M.
- Maturity Assessment - Assess efficacy & efficiency of Process & Technology for a specific Business.
- Reduction in disputes (OTC) - Reduction in the number of disputes occurring.
Additional Information
Hobbies: Extensive Reader focused towards Productivity, Leadership & Organization Psychology.
Part time blogger on LinkedIn & Quora and an aspirational Writer.
Languages
Hindi
Intermediate (B1)
Kannada
Upper intermediate (B2)
English
Advanced (C1)
Timeline
Transformation & Impact Assessment Lead
Koch Business Solution India
04.2019 - Current
GL Supervisor
Koch Business Solutions India & Molex India Business Limited
03.2018 - 11.2019
Senior Finance Analyst
Time Inc Now Meredith
12.2015 - 03.2018
Senior Finance Associate
Hewlett-Packard Enterprise
02.2011 - 12.2015
Bachelors of Commerce -
Gulbarga University
Masters of Commerce -
GITAM University
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