Cherala Jithendra Nath

· Associated with Digital Transformation RTR team (as Sr. Manager and have successfully implemented RTR tools (Blackline) and independently conducted workshops thru virtually for 12 countries

· Involved in Blackline Account Reconciliations, Task Management, Journal Entry and Transaction Matching implementation for different projects as Functional Consultant

· Understand & document the AS IS process and system Integrations and analyze the effects of changing workflows with the implementation of Blackline in R2R/P2P cycle.

· Report out timely project risks and status and ensures appropriate actions being taken within projected timeframe.

· Revamping /redesign process documents/ Standard Operating Procedures (SOP) project for Business Continuity Planning purposes

· Involved in customizations, roll out and enhancements projects according to applicable accounting frameworks (GAAP, IFRS) and tax stipulations.

· Co-ordination with several stakeholders (Operation, IT, ERP teams) for smooth and timely implementations. Conduct UAT & End User training.

Worked on Solution Identification for General Accounting & Month end close process

Genpact (R2R Experience)

Ensuring General Ledger Reconciliation as per the stated policy in a way that all financial transactions have been correctly posted & reported in books of accounts.

· Ensure processing of rectification entries for all open items in the reconciliations

· Performing variance analysis of key accounts for high visibility on the movement of their balances

· Oversee all reporting systems, accounts & ledgers to ensure compliance with appropriate IFRS standards and other statutory & regulatory compliance

· Coordinate Payroll, Intercompany and P2P teams for smooth sub ledger and General ledger close as a part of SSC.

· Assisting the senior leadership to identify and deliver upon revenue and cost objectives.

· Supporting & Supervising the Finance team with Internal & External auditors.

· Consistently analyze financial data to communicate monthly, quarterly, and annual financial statements

· Preparation & continuous update of Intercompany & reconciliation policies and procedures.

· Consolidate periodical forecasts for financial and operational metrics by working closely with business analysts and project leaders.

· Reconcile and report actual project performance metrics versus budgeted/ forecast.

· Ensure that the revenue recognition is aligned to recognition policies, US GAAP and standard across the location.

· Trend analysis for revenue and profitability. Explore variance analysis and recommend corrective measures.

· Assist in the monthly close process for the SBU as a part of the team. And support external auditors and other finance teams in adhoc deliverables and requests.

· Preparation of monthly MIS reports for global business. Backlog Analysis for Billed, Unbilled & Deferred Receivables.

· Ensure that all US GAAP and other regulatory reporting and compliance obligations are met in a timely manner and deliver a robust MIS reporting system required for internal and external stakeholders.

• Handling the Budget and Latest estimates for Developing Insurance markets which is having around $1 bn revenue covering
• Takes co‑responsibility with PAR Manager over reporting SE results which covers UHG business covering $4 bn NIBIAT which involves collaborating with BFM’s of different LOB’s within UHG
• Preparing and Publishing the VP Packs
• Leading a team of three members
• Interacting with team regularly and understand issues or concerns and effectively support, guide, coach to ensure effective team working and maintain work life balance
• Managing Pre‑FID Budgets of market development projects along with 10 years Capex and assessing NPV, IRR of the individual projects and submitting to Intra group Capital Forum
• Supporting the Month end activities, Reporting/Financial analysis, MRD management, Cost Management and acted as Finance Focal point for the Developing gas markets
• To Manage Shareholders cost reporting and play an interface role between SEA, NBD business and Shareholders forum
• Acting as SME (Subject matter expert) for Shareholder cost forum and helping in updating the shareholder cost policy in regular intervals

· Worked with UTI / Reliance Mutual Fund Redemption Department (Fund Accounting) & Dividends (Income Distributions)

· Closely Worked with AMC in deciding the CMS Bankers (Axis,Citi,HDFC,IDBI,ICICI,Standard Chartered Bank & SBI) for dividend distribution warrants

· Coordinating with CMS Bankers for Warrant Paid / Un-paid / Stale status

· Parking Funds with Axis/HDFC/CITI/ICICI/IDBI & Standard Chartered Bank

· Responsible for MIS Reports, Reconciliation and Fund Accounting of UTIMF

· Worked on Daily, Fortnight & Monthly Reconciliations i.e. GL vs. Payouts, Capital Payable vs. Payouts, UCR vs. Redemption, Subscriptions, switches etc.

· Responsible for generating MIS reports of Financial and Transaction level on daily, weekly and monthly basis (MS-EXCEL & MS-ACCESS)

· Worked on Daily Bank Reconciliation (High Value Credits), CP (Capital Payment) vs. Payouts, UCR (Unit Corpus Reconciliation) vs. Funding and GL vs. Payout with data provided by the AMC.

· Processing of all the redemptions for all the schemes and making sure that payout is reached to the investor in time with their respective pay out modes i.e. DCB, RTGS, NEFT, Warrant, Pay order & DD etc.

· Preparing the Fund Control Register and Cheque Control Register to the AMC (Fund Company)

· Communicating with UTI AMC regarding the funding amount and sending the CP (Capital Payment) files in a timely manner

Worked as an Asst. Manager for Accounts Receivables (Collections & Cash Flow) & Accounts Payables

· Monitor and Control Delinquency and Credit losses in particular pay source

· Worked on Month-end Closing of Accounts Receivables.

· Worked on the Bank & Cash Reconciliations.

· Reporting on various issues, which form the core, issues in the decision-making.

Accounts Receivables

· Accounts Receivable, Credit and Collection.

· Follow-up of pending claims and resolution of denied.

· Follow-up calls with various Payors for denials.

· Periodic collection calls to Private Residents.

· Terminated Contract Receivables

· Retroactive Adjustments and Customer Underpayments.

Accounts Payables

· Maintenance of Vendor Masters

· Processing of vendor Invoices like Equipment suppliers / Utility vendors / Component suppliers

· Processing of Employee Reimbursements / Payroll Advances / Garnishment etc.

· Maintaining Lease Schedules

· Reporting of Vendor Aging & Activity

· Prompting the Clients on Due dates & Printing of Vendor Checks

· Providing a Report on Cleared Vs Outstanding vendor checks