Karthik Balasubramaniam
Chennai
Summary
Result-oriented finance professional with over 12 years of experience in publicly traded and privately held enterprises. Proven track record in complex and capital-intensive global industries, delivering value and innovation in Finance, Strategy, and Corporate Planning.
Overview
14
14
years of professional experience
Work History
Finance Controller
Tigris Environment India Private Limited
01.2025 - Current
- Developed and maintained strong internal controls to safeguard company assets.
- Engaged in monitoring the accounting processes and recommended improvements.
- Established and enforced accounting policies, procedures, and systems.
- Establish strong internal controls to prevent errors and fraud.
- Collaborate with IT, procurement, and treasury teams for cross-functional initiatives.
- Preparation of MIS reports, dashboards, and executive summaries for management review.
- Monthly AR/AP dashboards, cash flow forecasts, and management reports.
- Present collection efficiency, overdue trends, and project payables status to leadership.
- Manage daily accounting tasks using QuickBooks Online/Desktop
- Record and reconcile all financial transactions (bank, credit card, vendor, and customer accounts)
- Support tax preparation by organizing and maintaining accurate financial records
Senior Manager - Tax & Accounting Services
SPA Associates India Pvt Ltd
11.2023 - 12.2024
- Prepare and review U.S. federal and state income tax returns for partnerships, corporations (Forms 1065, 1120, 1120S)
- Review the tax forms and submit for senior partner’s approval.
- Manage accounting records in QuickBooks Online ensuring accuracy and completeness
- Perform monthly and year-end closings, reconciliations, and financial statement preparation.
- Review and correct client bookkeeping to ensure accurate tax filings.
- Ensured accurate data submission in the system and clearing the errors notified by the system as per the stipulated timeline.
- Preparing the schedules, updating data in the tax filing system and perform reconciliations.
- Gathering the required client data for tax filing.
- Conduct tax research and apply up-to-date IRS and state tax laws.
- Communicate with clients to gather necessary financial data and provide guidance on tax planning strategies.
- Support CPAs and partners during IRS or state audits and inquiries.
- Train and mentor junior accountants on tax preparation and accounting best practices
Finance Controller/Business Partner
Atos
01.2023 - 10.2023
- Balance sheet review in terms of analyzing the deferred income, accrued revenue, accrued expenses and prepayments for the public customer in the UK.
- Project management by having bimonthly calls with the project teams for tracking timeline and strategic finance management.
- Verifying the pipeline orders and advising the CFO on the future revenues and cost.
- Verifying the cost by nature to ensure cost and revenue for the contracts or the projects lands in the correct accounts.
- Recognizing one off item and charging them back to correct contracts or the projects.
- Preparing the flash report for analyzing the variance between the forecast and the actuals at the month end.
- Preparing budget and weekly forecast files for business to make sure the expected revenue and cost are considered for accurate forecasting.
- Preparing Bottom-up plan for future based on the actuals along with the indexation.
- Analyzing the profit and loss account for the third-party cost and recharging the same to correct projects and the passthrough items for Atos.
Resident Director, Project/Portfolio Management and Management Reporting
Srinidhi Advisory Services Private Limited/Tigris Environment India Private Limited
01.2020 - 12.2022
- Financial Modelling on Renewable Energy Projects and Forecast Company Cashflow Potential.
- Business Development (identifying business and investment opportunities in environmental sectors such as Solar, water, renewable energy, energy efficiency, etc).
- Project Implementation and Execution, including Investment Portfolio Monitoring and Management.
- Supporting private equity investment strategy, including involvement in developing business plans with local entrepreneurs.
- Actively working with SME environmental engineering companies and providing support with respect to Building Business plans with owners, Asset portfolio management: Cashflow monitoring, risk management, and internal controls.
Manager, Operational Risk Management
Standard Chartered Global Business Services Limited
01.2016 - 01.2020
- Prepared Process Universe for Finance related Process like Management/Financial reporting, Accounts Payable, Tax Computation and Payments.
- Worked on Operation Risk Framework with potential failures, causes and control Process.
- Tabulated the process flow, evaluate the potential failures, assess Gross risks, Challenge implemented Controls and finalize the residual risks in the process post implementing KCI and CST checks in the process.
- Conducted KCI and CST Checks on the ORF process as per the schedule in EORP/M7.
- Conducted process reviews as part of the operational risk framework to ensure adherence to process standards wherever applicable and submit process reviews in operation risk forum.
- Migrated risk related process from country finance to HUB and ensure timely reporting of checks and results of tests.
Finance Controller, Finance and Business Planning
Bank of New York - International Operations
02.2014 - 11.2015
- Pivotal in maintaining monthly flash reports for the support functions under my remit across APAC region.
- Prepare Budget or plan numbers productively for support functions totalling $25 million during the plan cycle.
- Proficient in making monthly dashboards for the review of department heads and providing the forecast numbers.
- Spearheading strategic business plan, annual operating plan, monthly reviews, cash flows, benchmarking and metrics, monthly review, and reporting of operations against operating plans, including cash flows, profitability, etc.
- Leader in the analysis of monthly and annual budget trends and variance reports, as well as informative financial and business performance results; support business partners in understanding factors that drive variance and identify risks / opportunities.
- Initiate activities involving systems and process improvements to achieve the Group's growth and profitability objectives, budgeting, forecasting and maintenance of management information system.
- Prepare and review financial statements, tax returns, and other accounting documents in compliance with US GAAP
- Assist clients in implementing and maintaining accounting systems and processes
Assistant Manager, Management Information Reporting
HSBC Electronic Data Processing India Private. Ltd.
12.2012 - 02.2014
- Shouldered responsibility of Variance Analysis Reporting (Budget Vs. Actual), with the commentaries for Business Review preparation and accounting in consultation with the business.
- Involved in the process of validation of cross functional charges based on rules defined and allocation of the same.
- Completed the maintenance responsibility of cost centers as approved by the heads of business.
- Successful in migrating process from Chicago (Mettawa) and performing go Live for cost reporting; worked for the North America cost reporting team by preparing MIS reports and analysing the various heads.
Finance Executive, Finance & Business Planning
Tata Consultancy Services
05.2011 - 12.2012
- Re-designed the revenue forecast model to reduce budget preparation time by 30% in 4 months.
- Analyzed and recommended the CFO to adjust product production based on competing companies' market share for multiple product lines.
- Participated in client financial planning discussions and quarterly portfolio review.
Education
B. Com -
Ramakrishna Mission Vivekanand College
Chartered Accountancy - Intermediate Qualified
ICAI
Company Secretary -
ICSI
US CPA - Currently Pursuing
Skills
- Financial Analysis
- Forecasting
- Project management
- Budgeting
- Finance Controlling
- Financial Modeling
- Strategic Planning
- Reporting
- Risk Management
- Month-End Close
- Capital Planning
- Project Planning
References
On request.
Personal Information
Date of Birth: 09/10/86
On Site Experience
- Chicago, 02/01/13, 05/31/13
- Michigan, 11/01/23, 03/31/24
- Michigan, 05/01/24, 06/30/24
Languages
English
Proficient
C2
Tamil
Proficient
C2
Timeline
Finance Controller
Tigris Environment India Private Limited
01.2025 - Current
Senior Manager - Tax & Accounting Services
SPA Associates India Pvt Ltd
11.2023 - 12.2024
Finance Controller/Business Partner
Atos
01.2023 - 10.2023
Resident Director, Project/Portfolio Management and Management Reporting
Srinidhi Advisory Services Private Limited/Tigris Environment India Private Limited
01.2020 - 12.2022
Manager, Operational Risk Management
Standard Chartered Global Business Services Limited
01.2016 - 01.2020
Finance Controller, Finance and Business Planning
Bank of New York - International Operations
02.2014 - 11.2015
Assistant Manager, Management Information Reporting
HSBC Electronic Data Processing India Private. Ltd.
12.2012 - 02.2014
Finance Executive, Finance & Business Planning
Tata Consultancy Services
05.2011 - 12.2012
B. Com -
Ramakrishna Mission Vivekanand College
Chartered Accountancy - Intermediate Qualified
ICAI
Company Secretary -
ICSI