CMA Bharath Kumar Pappala

Key Responsibilities and Achievements

• Managed end-to-end accounting, financial reporting, and month-end close activities for Trade Structure Finance operations, covering Letters of Credit, Supplier Finance, Customer Finance, Trade Loan Agreements, and Foreign Exchange Derivatives.
• Ensured accurate recording, reconciliation, and reporting of complex trade finance transactions in compliance with accounting policies and regulatory requirements.
• Collaborated with cross-functional stakeholders, treasury teams, and business partners to support the implementation of new trade structures and financial products, while ensuring accurate accounting treatment.
• Performed weekly and monthly Mark-to-Market (MTM) valuation of derivative portfolios, investigated valuation variances, and provided timely financial reporting to key stakeholders.
• Executed month-end and quarter-end close activities, including foreign currency revaluation, accruals, deferments, Expected Credit Loss (ECL) provisioning, SWAR calculations, and SOFR-based interest accounting.
• Prepared and reviewed monthly financial reports, including Profit & Loss, Balance Sheet, fund flow analysis, and product-wise MIS reporting, with FTM and YTD performance analysis.
• Supported internal and statutory audits by preparing schedules, validating trial balance balances, resolving audit queries, and facilitating timely audit completion.
• Assisted in budgeting and forecasting processes, including sales projections, operating expenses, transfer pricing adjustments, profit allocations, GST schedules, and monthly trial balance reporting.
• Managed accounting and reconciliation of intercompany transactions, including sales and purchase invoices, intercompany loans, interest calculations, and prepayment settlements.
• Supported working capital management through monitoring of accounts receivable, accounts payable, inventory valuations, treasury costs, and cash flow tracking.
• Strengthened financial controls and reporting accuracy through process improvements and automation initiatives leveraging Excel VBA, Power BI, SAP, and AI-enabled BOT solutions.

Automation & Process Improvement Initiatives

• Partnered with IT and finance teams to automate MIS reporting using Excel VBA, SAP S/4HANA, and Power BI, reducing manual effort and improving reporting efficiency.
• Developed and validated automated Trial Balance schedules for prepaid expenses, accruals, outstanding balances, interest calculations, and sales/purchase reporting.
• Supported automation of Trader P&L reporting and derivative MTM valuation processes through Power BI dashboards and BOT-based solutions.
• Contributed to SAP S/4HANA implementation and migration activities from SAP ECC and Oracle, including data validation, process testing, and financial reporting alignment.
• Improved reporting accuracy and turnaround time through standardization of reconciliation processes, dashboard development, and automation of recurring accounting activities.

• Performed banking and financial tasks to enhance client service.
• Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
• Ensured internal audit procedures to validate and improve the accuracy of financial reporting.
• Checked payroll, vendor payments, commissions, staff perqusites and other accounting disbursements for accuracy and compliance.
• Checked payroll, vendor payments, commissions, staff perquisites and other accounting disbursements for accuracy and compliance.
• Optimized inventory control by tracking assets and maintaining accurate records.