DINAKAR PANNUR

· Responsible corporate entities(ACF Branch, ACF DIFC and ETC GROUP) financial analysis, reporting and budgeting.

· Managing Bangalore corporate finance team. Managing team activities along with conducting team trainings for learning and development.

· Responsible for fund rotation between corporate entities. Also review AR & AP transactions and manage payments.

· Gross margin calculation for multiple business under group accounting.

· Managing intercompany transaction like, Corporate cost charge back, Non-Head office cost charge back to all business, Corporate guarantee and Corporate loan interest charge back.

· Responsible for Corporate fund rotation between above group and Corporate entities.

· Working capital reports for all business under corporate entity.

· System implementation for D365 accounting system ACF FZ LLC Branch and ACF DIFC.

· Follow-up for intercompany balances and giving solution for disputed balance between intercompany.

Managing ETC Group and ACF FZ LLC loans along with Interest calculation and reconciliations.

· Worked on IVC cocoa, Coffee, cashew, cotton, Logistics & Rubber

· Responsible for comprehensive month end financial reporting , accounting & finalization process ,TB ,P&L Analysis and BS reconciliation for 3 Legal Entities in Cote D’Ivoire.

· Monthly preparation of BRM (Business Review Mechanism) and CEO finance notes & reporting of KPI'S at Ivory Coast cluster level

· Monthly Fair Valuation reporting , Weekly book value and currency exposure analysis.

· Direct Cost ,Manufacturing and Indirect Cost analysis with Budgets vs Actual vs estimates and deep dive for variance analysis

· Monthly Comparative analysis on the overall financials for Business review with RFC

· Analysis of inventory valuation, Inventory projection , inventory holding after the costs getting inventoried post Material Ledger Run in SAP

· Working Capital analysis and monitoring cycle time days for Inventory, Receivables and Payables.

· Term Deposit Accounting and reconciliation of actual Interest received.

· Managing loans & settlements from banks and Interest calculations

· Preparation of Budgets with actual estimates and analysis of variations working with business heads

· AP/AR ageing analysis for reducing the provision impact on PNL and WC

· Deliverables Management , Team Management, Process & Team Efficiency improvement, and Client management

· Handled the complete SAP implementation which includes UAT phase, cutover preparation, master data cleaning, cutover uploads, opening balance reconciliation, checks and reviews, Material Ledger Run (ML).

· Fixed Asset reporting & Accounting - Cap-ex tracking and implementation of FAR in SAP

· Successful transition of finance process of two African countries (Ivory Coast and Gabon )

· Collaborate extensively with auditors during preliminary, internal and Group audit process

· Involved in the implementation of digital month close, automation of various management reports like TB comparisons using RPA and Balance sheet Schedules , WC Productivity using tool BI ( Business Intelligence)

· Compliance of IFRS 16 for lease accounting in books with relevant amortization in line with lease period

· Member of Operational excellence task force (Lean Management) for Month end cycle time reduction initiatives.

· Hyperion Financial Management (HFM) Monthly, Quarterly, and yearly reporting under IFRS environment.

· Preparing & presenting quarterly budgeting report, operational performance indicator report to Cluster CFO.

· Presenting a true & fair view of the financial position of the company by preparing financial statements viz, P&L accounts, balance sheet with compliance of IFRS.

· Preparation of Customer wise Sales Reports, Job costing reports & Customer Margins (CM1 report) in PTD and YTD level.

· Profit and Loss Analysis to verify the costs with country Finance Manager and ensure necessary accrual posted where required.

· Oversee filing of VAT returns and income-tax returns, including completing tax assessments

· Continuous monitoring of statutory payments & taxes, computation of advance tax.

· Deeply Monitoring Working Capital Movement based on all Outstanding & Net Due dates.

· Maintaining petty cash and preparing petty cash reconciliation.

· Overseeing the Payroll process and coordinating with Country HR.

• Handling General Ledger (GL) reconciliation process under DRI, construction loans and inter-company and corporate accounts portfolio.
• Our primary role is to reconcile the break which appears in our reconciliation tool due to various reasons.
• Prepare MIS report activity which is presented to the top management on regular frequencies.
• Replying to Clients Queries on Call and Handling Weekly and monthly Client Call.
• Perform daily cash reconciliation and book necessary adjustments in the books.
• Book monthly accruals to revenue and income accruals based on the schedules.
• Prepare fixed assets schedules and add assets in the system and book monthly depreciation to the respective assets.
• Ensure to complete the processes within the Knowledge Process Indicator (KPI) timings on daily basis.
• Perform Risk Control Self-Assessment (RCSA) Audit for every quarter.