Chandramouli Subramanian

In Charge for End to End Accouting operations for a US Eye Hospital

• Managed day-to-day accounting operations, ensuring accurate and timely processing of financial transactions.

• Created and issued Accounts Receivable (AR) invoices, maintaining accuracy and compliance.
• Recorded and tracked expenses, ensuring proper allocation and timely entry.
• Updated and monitored Actuals vs. Budget reports, providing insights into financial performance.
• Prepared and presented financial reports to management post-book closure, highlighting key metrics and variances.

•Accounting Team Lead – US Healthcare & Restaurant Accounts
Managed a team of 7 members handling day-to-day accounting operations for US-based healthcare and restaurant clients.

• Led a team of 7 accounting professionals in managing daily accounting tasks for US healthcare and restaurant clients, ensuring accuracy and timeliness in all processes.
• Managed Accounts Payable (AP) activities, including booking invoices, processing expenses, handling card transactions, and overseeing weekly payments via Bill.com.
• Ensured proper recording of all bank receipts and completed Bank Reconciliation Statements (BRS) in QuickBooks to maintain financial accuracy.
• Conducted thorough reviews of Profit and Loss (P&L) accounts and Balance Sheets (BS), and submitted financial statements after month-end closure for management review.
• Managed 11 US clients across healthcare and restaurant sectors, providing tailored financial services and maintaining strong client relationships.

• Managed Order-to-Cash (OTC) operations, ensuring timely month-end closing and accurate financial reporting.

• Led team meetings to drive compliance with Service Level Agreements (SLAs) and promptly resolve operational issues.
• Collaborated with cross-functional teams to ensure on-time receivables collection and effectively managed customer disputes.
• Developed and documented Standard Operating Procedures (SOPs) to streamline the collections process and improve efficiency.
• Prepared and analyzed aging reports and collection efficiency metrics on a weekly basis to track and optimize cash flow.
• Conducted financial reporting, SOX compliance audits, and ensured adherence to internal controls and regulatory requirements.

Experience in Fixed Asset Accounting Experience in Record to Report (R2R) Functions

• Maintained the Fixed Asset Register, including tracking additions and deletions, and performed monthly reconciliation of the register against the trial balance (TB).
• Processed provision entries for depreciation, ensuring compliance with accounting standards and company policies.
• Managed and organized related documentation and email correspondence related to fixed asset transactions.
• Provided audit support by ensuring accurate records and timely response to audit queries.
• Analyzed the accuracy and completeness of P&L accounts and Balance Sheet accounts, preparing necessary reclassification entries in the general ledger as needed.
• Handled accruals, outstanding entries, and prepaid expenses, ensuring proper recognition in the financial statements.
• Verified the accuracy of GST and TDS transactions, coordinating closely with Accounts Payable (AP) and Accounts Receivable (AR) teams to ensure proper reporting.
• Conducted monthly variance analysis on expenses to identify discrepancies and ensure budget adherence.
• Regularly reconciled bank statements and collaborated with the AP and AR teams to resolve discrepancies and ensure accurate financial records.
• Assisted with month-end, quarter-end, and year-end closing processes, ensuring timely and accurate financial reporting.
• Provided ongoing support during audit periods, responding to audit queries and facilitating smooth audit processes.
• Monitored the accuracy and consistency of inter-company balances to ensure proper consolidation and reporting.

• Managed reconciliation of accounts for 40 vendors, ensuring accurate and timely balance matching.
• Resolved disputes and discrepancies, collaborating closely with vendors to address and resolve issues.
• Coordinated with the warehouse and vendors to address and resolve queries efficiently.
• Conducted monthly balance confirmations to ensure consistency and accuracy in financial records.

Experience in managing AP functions for a US-based FMCG company.

• Processed PO and Non-PO invoices efficiently for a US FMCG company, ensuring timely and accurate payment execution.
• Conducted daily quality control checks on invoices and payment processing to ensure accuracy and compliance with company policies. Implemented corrective actions as needed to resolve discrepancies.
• Trained new hires on AP processes, fostering a collaborative environment and ensuring smooth onboarding and knowledge transfer.
• Spearheaded process improvements to streamline AP workflows, successfully reducing process steps and improving overall efficiency.
• Achieved Yellow Belt certification in Lean Six Sigma, demonstrating expertise in process optimization and commitment to continuous improvement.

Accounts Payable Transition Specialist

Successfully transitioned AP processes from the UK office, leading and training the team for seamless operations.

• Led the transition of Accounts Payable processes to the UK office, ensuring a smooth handover and continuity of operations.
• Trained and mentored 15 team members, equipping them with the necessary skills and knowledge to manage AP tasks efficiently.
• Served as the single point of contact for Non-PO invoice processing, ensuring that all invoices were processed in a timely manner and in compliance with service level agreements (SLAs).
• Allocated work to team members based on expertise and workload to optimize performance and meet daily targets.
• Conducted Quality Control (QC) checks on all transactions to ensure error-free processing and accuracy in financial reporting.
• Handled supplier queries and escalations, providing timely resolutions and maintaining strong relationships with vendors.