Summary
Overview
Work History
Education
Skills
Accomplishments
Certification
Interests
Timeline
Generic

GURUPRASAD KAMATH

Finance Transformation Consultant
Mumbai,MH

Summary

R2R AND P2P FINANCE LEADER & FINANCE CONSULTANT Receipts & Reconciliations »Fund Accounting and Project Management & Operations Finance & Business Trailblazer enabling organizations to transform themselves and thrive in the global marketplace. Influential Finance Leader & Business Transformation Strategist with 16 years of track record in enabling and accelerating revenue growth including 5 Years of Shared Service experience and 6 years proven experience in Accounts Receivables O2C Process. Champion in SAP Fiori, Oracle 9i, Oracle 11i, Oracle R12, R14, Trax 4.0, 5.0, 6.0, Blackline, 8 Years of experience in Fund Accounting (Quantum AGT), GTS, GTX, JIRA, Compliance Filter and IGT+. Drive transformational change, team building, executing programs and guiding the strategic vision to navigate high growth. Extensive experience restructuring and realigning organizations to accelerate growth and sustain a laser focus on customer satisfaction. Pioneer in leading the entire aspects of Client Services, Project Management, Fund Accounting, Bank Reconciliation, Accounts Receivables ranging from Cash Application, Invoicing, AR Account Reconciliation, AR Reporting and Payables, Business Transformation, Business Partnering with Stakeholders and leading Cross-functional teams. Adept in spearheading business-finance strategies & leading cross-functional global teams. Single point of contact for Process deliverables-KPI, SLA, Process queries. Excellent people management aptitudes, strong problem solving and analytical skills, Strong Accounting Skills, Control mindset, excellent organizational adaptability, drive success with collaborative multiple cross-functional and cross-border teams. Blend third-party collaborating abilities to identify and capitalize on key improvements by challenging the status quo and suggesting process improvement ideas. Strong prioritization and focus with multitasking and competing priorities and know how to make right trade-offs. Identified opportunities for operational improvement by exercising internal control activities such as Failure Mode and Effects Analysis and Value Stream mapping for the payments and Receipts process and streamlined the process by automating repetitive tasks and enabled Straight Through Processing.

Overview

18
18
years of professional experience
37
37
years of post-secondary education
1
1
Certificate
4
4
Languages

Work History

Finance Consultant-Manager

TATA REALTY INFRASTRUCTURE LIMITED
MUMBAI, MAHARASHTRA
04.2022 - Current
  • Report to Strategy Head on a timely basis on all the projects in order to align with the organization's vision.
  • Working closely with CRM, TCS Finance and Regional Finance Team to gain understanding of the collections process in order to suggest process improvements.
  • Liaise with Procurement, TCS Finance teams to streamline P2P process and suggest improvements in terms of Value Stream mapping for the entire Procure to Pay process chain.
  • Work with the stakeholders in conducting Failure Mode Effect Analysis to understand the areas which are risk prone and suggest additional controls to mitigate such risks.
  • Liaising with SAP IT team in driving the automations in the process such as Purchase Order -Service Entry sheet workflow notification to TCS finance, Remittance Advice Notification to vendors post Bank Debit.
  • Closely work with Business Intelligence Team to understand the reporting and analytics of the organization and drive metrics for R2R and P2P processes.

Deputy Team Leader

Swiss Re Global Solutions India Pvt. Ltd
Bangalore, karnataka
01.2010 - 11.2021
  • Communicate with the CFO quarterly to discuss the overall cash and bank accountabilities including FX measurements
  • Liaise with IT teams and business partners upstream/downstream to maintain accuracy and efficiency in the end to end accounting process
  • Setting right objectives for each team member and giving timely inputs on performance and assessment, identifying and executing learning and development needs of team members
  • Perform the GTS compliance screening of the beneficiary and their payment details ensuring the payments are not transmitted to blacklisted organizations/individuals/criminals
  • Pro-actively identify and clearly communicate updates regarding any barriers, dependencies, risks and current status to all stakeholders
  • Ensure all team members follow the process diligently with no audit observations on the non-compliance of Cash Application process
  • Maintained great deal of rapport and trust with all the stakeholders across Finance departments
  • Orchestrate the daily and monthly preparation and submission of cash and bank reconciliations for above 150 bank accounts via Optimus Robot and Blackline reconciliation tool
  • Coordinate with Cash Management teams to ensure the proper arrangement of funds for operational activities
  • Conduct quarterly calls with the segment reporting team to ensure segmentation balances are matching; interact with the accounting and reporting team to make sure P&L and Balance sheet reconciliation is performed diligently
  • Coach team members and provide on-the job training and solve increasingly complex problems and effectively delegate to develop and groom team members for succession planning by providing performance feedback to manager for review
  • Execute the on-time payment related to employee reimbursements, vendors, intercompany and claimants via trax payment gateway
  • Competent in handling the end-to-end payment, receipts and reconciliation for 150+ bank accounts along with vendor and customer creation in Oracle
  • Accountable for handling applications and accounting of premiums from clients and brokers; look after the cancellation stop ACH and free format messages
  • Lead the month end reporting and quarterly accounting closure activities related to cash closing and confirmation to global stakeholders
  • Coordinate with the invoice processing and the IT team regarding AP closure activities
  • Handle accrual activities in SAP for inward and outward control suspense accounts
  • Complete weekly stakeholder calls for receiving feedback on team performance and address related issues and concerns on the operations.

Subject Matter Expert

INFOSYS BPO
BANGALORE, KARNATAKA
01.2005 - 10.2010
  • Entrusted to monitor and execute accounts receivables and bank reconciliation activities across 10+ global locations
  • Prepared monthly dashboard for team productivity, error tracker and turnaround time for processing receipts and payments; submitted control accounts and suspense accounts during month-end
  • Equipped the Daily Quality control report to review the productivity of team members
  • Recorded the monthly communications with stakeholders to receive feedback on team’s performance and to assess client’s requirements; timely followed up with customers on outstanding receivables
  • Handled process transactions, including payment information updates, reporting, adjustments and write-offs, credit and debit memos and closed invoices
  • Performed UAT for the patches to be deployed in Oracle on a semi-annual basis; daily registration of invoices of suppliers and expense claims of employees
  • Held accountability for the reconciliation of customer accounts and passing manual adjusting entries for any mismatch in the bank reconciliation statement.

Education

Post Graduate Diploma - Business Management

Mangalore University

Bachelor of Commerce - undefined

Mangalore University
01.2000 - 01.2003

Skills

Strategic Planningundefined

Accomplishments

  • Continuous improvement, standardization of payments processing in Oracle that led to process efficiency of 2+ FTE through deployment of Value Stream Mapping
  • Led the Receipts Team in consistently exceeding KPI metrics of 95% accuracy
  • Played an instrumental role in streamlining end-to-end payments and receipt processes in SAP for around four phases of Go-live across 8+ locations and 350+ accounts in a project as a core member of the team
  • Collaborated with the transformation team in restructuring the quarterly accrual process in SAP
  • Significantly generated 4 FTE savings and positively impacted 250 Bank accounts by identifying inconsistencies and recommending enhancement of funding transfers by automating the process in coordination with the IT team; created the feed from the Quantum/Cash management tool which helped the unit in the error-free booking of custody transfers accurate reporting of investment accounting figures
  • INTERNATIONAL TRANSITIONS
  • Job Rotation on SAP FIORI to Swiss Re Management Limited, Bratislava Slovakia in 2018
  • Transitioned R2R Process-Swiss Re America Holdings Kansas US in 2010
  • Transitioned General Ledger Intercompany Reconciliation process for Washington Mutual Client –Seattle in 2008, Executive Applied Data Analytics in Indian School of Business (ISB)-Supervised and Unsupervised Machine Learning Models
  • Regression and Classification, Logit and Binomial Regression, Perceptual Mapping, Factor Analysis and Principal Component Analysis, Decision Tree and Cluster Analysis
  • US GAAP Certification Infosys Finance Centre of Excellence- 3 modules
  • Data analytics – Intermediate module (Pivot, V lookup, Charts, Power Pivot, Power Query) LinkedIn Learning
  • Diploma in Information Technology-Sikkim Manipal University- MS Office (Excel, Power-point, Visio, MS Word)

Certification

Applied Business Analytics

Interests

Cricket

Public Speaking

Singing

Lyric Writing

Cycling

Timeline

Finance Consultant-Manager

TATA REALTY INFRASTRUCTURE LIMITED
04.2022 - Current

Applied Business Analytics

01-2022

Deputy Team Leader

Swiss Re Global Solutions India Pvt. Ltd
01.2010 - 11.2021

Subject Matter Expert

INFOSYS BPO
01.2005 - 10.2010

Bachelor of Commerce - undefined

Mangalore University
01.2000 - 01.2003

Post Graduate Diploma - Business Management

Mangalore University
GURUPRASAD KAMATHFinance Transformation Consultant