Guruprasad KB
Bengaluru
Summary
Experienced finance professional with a strong background in Accounts Payable (AP), Accounts Receivable (AR), and General Ledger (GL) functions across diverse industries including IT, Manufacturing, and Trading. Demonstrated expertise in financial planning and analysis (FP&A), including budgeting, forecasting, and variance analysis. Proven track record in financial reporting and process improvements. Known for improving team efficiency, providing strategic insights, and achieving accurate financial reporting. Committed to optimizing resources, driving business growth, and achieving organizational goals with a customer-focused approach.
Overview
10
10
years of professional experience
1
1
Certification
Work History
Deputy Manager - Finance
LG Soft India Pvt Limited
12.2022 - 06.2024
- Led month-end closing processes, including accruals, general ledger reviews, intercompany reconciliations, and foreign currency revaluation.
- Partnered with cross-functional teams to develop and implement financial strategies aligned with business objectives.
- Conducted in-depth financial analysis, forecasting, and budgeting to support strategic decision-making.
- Managed fixed asset verification and books, contributing to accurate financial reporting.
- Facilitated audit processes and implemented process improvement strategies.
- Developed and monitored budgets, ensuring optimal resource allocation and cost control.
- Managed accounts receivable processes, including cash application, dunning, and accurate AR reporting.
- Prepared and managed Bank Reconciliation Statements (BRS) to ensure accuracy and compliance.
- Directed team of finance professionals, focusing on performance management, mentoring, and achieving departmental goals.
Senior Accountant (Lead)
AMICO Group
12.2020 - 12.2022
- Streamlined accounts payable processes, including SAP S/4 HANA functionalities such as Payment Program, House Banks, and Withholding Taxes.
- Identified and mitigated financial risks to safeguard financial stability.
- Developed and reviewed financial policies and procedures to improve efficiency and compliance.
- Handled positive pay, dunning, Dr/Cr memos, document splitting, accruals, and foreign currency valuation of open AP items.
- Oversaw GR/IR clearing processes, intercompany reconciliation, and sales/purchase & withholding tax calculation.
- Managed accounts receivable functions, including lockbox, cash application, direct debit, special G/L indicators, and document splitting.
- Prepared and managed Bank Reconciliation Statements (BRS) to ensure accuracy and compliance.
- Led a team of accountants, handling performance management, training, and development.
Senior Executive - Finance
Biocon Limited
06.2017 - 12.2020
- Managed accounts payable processes, including domestic and import payments, ensuring accuracy and compliance.
- Conducted month-end book closing activities, including provisions, prepaids, and accruals.
- Handled TDS payments and returns, adhering to tax regulations.
- Managed accounts receivable activities, including Dunning, and integrated with third-party applications like Vertex.
- Prepared and managed Bank Reconciliation Statements (BRS).
- Supervised and mentored a team of finance professionals, focusing on performance management and development.
- Negotiated favorable contract terms with vendors, leading to significant cost savings while maintaining product quality and timely delivery.
Associate Accountant
Harman Connected Service Corporation I Pvt LTD
12.2015 - 05.2017
- Processed invoices and vendor payments, ensuring timely and accurate transactions.
- Reduced invoice processing time by 20% through process improvements and efficiency enhancements.
- Managed foreign currency payments in compliance with international regulations.
- Assisted in accounts receivable functions, including Cash Application.
- Prepared and managed Bank Reconciliation Statements (BRS).
Executive Finance
Tavant Technologies
02.2014 - 12.2015
- Optimized accounts payable processes and travel expense reimbursements, reducing penalties and enhancing vendor satisfaction.
- Streamlined vendor payment procedures, improving processing efficiency and accuracy.
- Executed month-end book closings, ensuring financial accuracy and compliance.
- Managed foreign currency payments, maintaining precise financial reporting and control.
Education
M.Com in Professional Accounting And Finance -
Jain University
12.2024
MBA in Finance -
National Institute of Business Management
12.2021
B.Com in Accounting And Finance -
Karnataka University
06.2013
Skills
Financial Reporting
General Ledger Accounting (GL)
AP & AR Processing
Budget Management
Process Optimization
Team Leadership
Strategic Planning
SAP S/4 HANA, Quickbooks
Tally ERP, MS Dynamics
MS Office, Google Sheets
Accomplishments
- Awarded Hall of Fame from Harman for exceptional performance and financial excellence.
- Recognized as Best Team Player by Harman for outstanding collaboration and teamwork.
- Received Star Performer award from LG Soft India Pvt Limited for outstanding contributions and achievements.
Certification
- Excel Essentials: Level 1, 2, and 3
- Master in GST by Udemy
- Six Sigma Assessment by Learntube
- US GAAP - QUICK and Easy by Udemy
Languages
English
Bilingual or Proficient (C2)
Kannada
Bilingual or Proficient (C2)
Hindi
Bilingual or Proficient (C2)
Telugu
Intermediate (B1)
Timeline
Deputy Manager - Finance
LG Soft India Pvt Limited
12.2022 - 06.2024
Senior Accountant (Lead)
AMICO Group
12.2020 - 12.2022
Senior Executive - Finance
Biocon Limited
06.2017 - 12.2020
Associate Accountant
Harman Connected Service Corporation I Pvt LTD
12.2015 - 05.2017
Executive Finance
Tavant Technologies
02.2014 - 12.2015
B.Com in Accounting And Finance -
Karnataka University
- Excel Essentials: Level 1, 2, and 3
Master in GST by Udemy
Six Sigma Assessment by Learntube
US GAAP - QUICK and Easy by Udemy
M.Com in Professional Accounting And Finance -
Jain University
MBA in Finance -
National Institute of Business Management
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