Charanya S
Chennai
Summary
Seasoned Financial Management professional with proven expertise in accounting processes, compliance reporting and internal controls. With a strong intention to pursue a career in challenging financial frontiers in the field of hospitality by applying the knowledge and skills I have gained from a competitive Accounts & audit environment. Detail-orientated finance controller with 7 years of experience in Hospitality industry. Specialization in Internal process audit & accounting practices. I would like to see myself in a position that fully utilizes my strengths in line with the organizations objectives and be able to contribute to the company's growth.
Overview
14
14
years of professional experience
Work History
Finance Manager
The Ascott Limited
Chennai
01.2024 - Current
- Prepared financial documents such as budgets, forecasts and reports.
- Reviewed and analyzed budget variances to ensure accuracy of financial information.
- Monitored cash flow to ensure sufficient liquidity.
- Conducted risk management assessments and created strategies to minimize potential risks.
- Assisted in the development of internal controls to protect company assets.
- Provided guidance on accounting issues related to new business initiatives.
- Identified opportunities for cost savings through process improvements and automation initiatives.
- Created monthly performance metrics that tracked key performance indicators.
- Collaborated with external auditors during annual audits to ensure accuracy of financial statements.
- Established relationships with banking partners to secure favorable terms on financing arrangements.
- Developed forecasting models utilizing historical data trends to predict future revenues and expenses.
- Managed payroll processing activities for multiple entities including tax filings.
- Maintained accounts payable and receivable records ensuring timely payments are made.
- Coordinated with other departments within the organization regarding budgeting matters.
- Negotiated contracts with vendors in order to obtain competitive pricing structures.
- Strategized on fund procurement through banks and other financial institutions.
- Coordinated cross-functional teams to drive efficiency and effectiveness in financial operations.
- Negotiated terms with banks and other financial institutions to secure financing and optimize terms.
- Completed month-end and year-end closings, kept records audit-ready and monitored timely recording of accounting transactions.
Finance Controller
Intercontinental Hotels Group
Chennai
12.2017 - 12.2023
- Managed day-to-day operations of hotel accounting staff, receivables, payables, payroll, and cash handling
- Prepared financial analyses, created annual operating budgets, and ensured compliance with GST and other regulations.
- Analyzed financial statements to identify areas of cost reduction and increased revenue.
- Developed and maintained effective internal control systems to ensure accuracy of financial reporting.
- Managed the preparation of the company's budget and monitored performance against it.
- Coordinated audit activities with external auditors to ensure compliance with regulatory requirements.
- Provided guidance to departmental managers regarding accounting policies and procedures.
- Collaborated with other departments to improve processes related to financial data collection and analysis.
- Identified opportunities for process improvement through automation or streamlining.
- Evaluated current banking relationships for optimal interest rates and terms.
- Ensured timely filing of all required tax returns in accordance with state and federal regulations.
- Negotiated contracts with vendors while ensuring favorable terms are obtained.
- Oversaw month-end closing process, prepared financial statements and managed advanced reconciliations.
- Maintained general ledger and chart of accounts, performed complex accounting functions such as journal entry preparation, account analysis, balance sheet reconciliation and preparation of quarterly financial statements.
- Administered payroll for employees and oversaw corporate payroll reconciliation and tax activities.
- Created internal controls and corrective actions to reduce risk or deficiencies.
- Managed day-to-day finance operations by working closely with accounting, accounts payable, accounts receivable and payroll staff to provide direction.
- Designed and formatted financial reports for internal and external users.
- Improved billing and month-end reporting processes.
- Managed cash flows to optimize year-end tax benefits.
- Spearheaded and directed accounting divisions to manage fund accounting, accounts payable and accounts receivable, payroll, budget and grant accounting functions.
Article Assistant
PKF Sridhar & Santhanam LLP
02.2011 - 02.2014
- Worked on various audits in manufacturing industries, due diligences, and valuation assignments, including internal audits and financial due diligence.
- Prepared financial statements in accordance with Generally Accepted Accounting Principles.
- Performed research on various topics related to finance and accounting practices.
- Analyzed complex financial data to identify discrepancies or errors in bookkeeping entries.
- Assisted senior staff members with compiling detailed reports for internal use or external presentations.
- Participated in audits conducted by external auditors ensuring compliance with all applicable laws and regulations.
- Provided guidance to junior staff members whenever required on various accounting matters.
- Conducted audits in coordination with senior team members, verified adherence to audit scope and timelines and performed analytical audit reviews to confirm accuracy.
- Reconciled expenses and financial records.
- Provided administrative support, including preparing engagement letters and managing documentation.
- Compiled and presented reports on client financial status and audit results.
- Participated in team meetings to discuss audit findings and prepare audit reports.
- Conducted research on relevant tax laws and accounting standards to ensure compliance.
- Facilitated communication with clients to gather necessary financial information and documents.
- Assisted in conducting due diligence for mergers and acquisitions.
- Conducted audit procedures under supervision for various clients, including verification of financial statements.
- Contributed to internal audits by collecting and analyzing financial data.
- Participated in the development and implementation of internal control procedures.
- Performed audits of operational and financial areas to check compliance.
- Wrote reports, authored papers and organized supporting documentation.
- Managed and trained team members to enhance audit department performance and increase operational efficiency.
- Presented audit results to management teams, delivering information in non-technical terms for easy understanding.
- Investigated and resolved billing issues to maximize cash flow and minimize liabilities.
Education
ACS -
Institute of Company Secretary of India, ICSI
06.2014
CA(Inter) -
Institute of Chartered Accountant of India, ICAI
11.2010
CPT -
Institute of Chartered Accountant of India, ICAI
06.2009
BCOM -
Sri Sathya Sai University, SSSU
01.2009
XII -
Sri.B.S.Mootha Girls Senior Secondary School, CBSE
01.2006
X -
Sri.B.S.Mootha Girls Senior Secondary School, CBSE
01.2004
Skills
- Continuous Improvement
- Regulatory Compliance
- Budget Forecasting
- Performance Analysis
- Financial Modeling
- Strategic Planning
- Internal Controls
- Cost accounting
- Debt management
- Stakeholder Management
- Cash Flow Management
- Departmental oversight
- Variance Analysis
Computerknowledge
Microsoft Windows, Tally, SAP, Oracle, Proficiency in Excel and PPT, Orion, Prolific, Opera, Amadeus, MMS, Shawman POS, Micros
Personal Information
- Father's Name: R.Sathyamoorthy
- Notice Period: 30 days
- Date of Birth: 09/22/88
Passportdetails
Produced on demand
Hobbies and Interests
- Voracious reader
- Listening & singing to music
- Taking classes for CA students
- Won several elocution, debates and quiz competitions at school and college
- Gardening - have a small-scale home grown terrace garden with flowers, vegetables & micro greens
Languages
- English
- Hindi
- Tamil
- Telugu
References
Will be provided on request.
Affiliations
- Manager of the year in IHG in 2021
- Inspiring leader award in IHG in 2022
- Best Department for the year 2022 in IHG
Languages
Tamil
First Language
English
Proficient (C2)
C2
Hindi
Proficient (C2)
C2
Telugu
Intermediate (B1)
B1
French
Beginner
A1
Accomplishments
- Was elevated to Finance Controller in Intercontinental Hotels where I joined as a credit manager. It was a wonderful stint of 7 years in IHG where all efforts were recognized and appreciated by the senior management. Link below exhibits the growth.
- https://bwhotelier.com/article/charanya-sathyamoorthy-elevated-as-financial-controller-for-crowne-plaza-chennai-adyar-park-489934
Timeline
Finance Manager
The Ascott Limited
01.2024 - Current
Finance Controller
Intercontinental Hotels Group
12.2017 - 12.2023
Article Assistant
PKF Sridhar & Santhanam LLP
02.2011 - 02.2014
ACS -
Institute of Company Secretary of India, ICSI
CA(Inter) -
Institute of Chartered Accountant of India, ICAI
CPT -
Institute of Chartered Accountant of India, ICAI
BCOM -
Sri Sathya Sai University, SSSU
XII -
Sri.B.S.Mootha Girls Senior Secondary School, CBSE
X -
Sri.B.S.Mootha Girls Senior Secondary School, CBSE
Similar Profiles
GERALDIN IRAOLAGERALDIN IRAOLA
HOUSEKEEPING SUPERVISOR at The Ascott LimitedHOUSEKEEPING SUPERVISOR at The Ascott Limited
Sharmaine Rae SuarezSharmaine Rae Suarez
Assistant Guest Service Manager at The Ascott Limited - Ascott Makati Inc.Assistant Guest Service Manager at The Ascott Limited - Ascott Makati Inc.
Shrimithaa SundaramShrimithaa Sundaram
Receptionist at Ascott LimitedReceptionist at Ascott Limited