Karthika Premkumar

• Team management and efficient handling of clinical studies which includes identifying cost optimization opportunities to enhance profitability and ensuring timely accrual support and invoicing.
• Resolving study-specific issues raised by project managers, and provide comprehensive reports to sponsors.
• Finalization of monthly revenue, resolve audit queries, and maintain compliance with financial and operational standards, contributing to effective financial management and operational success in clinical studies.

• Established strong relationships with stakeholders, ensuring long-term partnerships and provide timely MIS and ad-hoc KPI reporting. Consistently met or exceeded annual performance targets set by senior leadership.
• Implemented and developed operational standards, policies and procedures.
• Oversaw the preparation of monthly financial statements for Group across middle East including India, ensuring accuracy and timely reporting to stakeholders on Project profitability, cash flow, working capital.
• Expedited statutory audit clearance before deadline including financials review of Group consolidation for 36+ Group companies.
• Excellent liaison with Bankers and timely submission of documents for loc, facility extension.
• Implementing changes in ERP and applications required for corporate UAE tax preparedness.
• Provided strong leadership to enhance team productivity and morale. Improved team performance by providing comprehensive training and fostering a collaborative work environment.
• Collaborated closely with peers from other departments to drive organizational success jointly as one cohesive unit.
• Managed budgets effectively, achieving financial objectives while maintaining strict control over expenditures.
• Reduced costs, optimized resource allocation, and improved efficiency in managing projects.
• Boosted team member productivity by enhancing performance monitoring and instituting motivational approaches.
• Reviewed and analyzed reports, records and directives to obtain data required for planning department activities.
• Demonstrated exceptional adaptability in navigating complex situations or rapidly changing environments with ease.
• Increased customer satisfaction with timely project deliveries and seamless communication.
• Achieved operational excellence by streamlining processes and implementing best practices and increased In Country Valuation score from 24 to 41.
• Promoted a culture of continuous learning through regular workshops, seminars, and training sessions for staff.

• Review of internal controls, book closing activities, MIS, process improvements, automation, team handling, regulatory reporting.
• Finalizing financial statements as required by Schedule VI per Ind AS. Liaison with statutory, tax and internal auditors driving towards timely audit clearance.
• Reviewing of tax notes and ensuring documentation of work papers for audit submission
• Order 2 cash management, review of varied businesses and fortnightly reporting with recommendations and concerns.
• Streamlined timelines for input from TPA vendors and ensured error free and timely invoicing.
• Receivables review and reduced outstanding receivables through improved credit control procedures and proactive collection efforts.
• Validated and Automated error free exhaustive excel reporting from dashboard required as part of income recognition per Ind AS

Highlight:

Resilient under pressure & provided deliverables ahead of timelines, excellent stakeholder management, driving towards completion of upcoming assignments and supporting team members to share load with team spirit. Won special recognition award twice for out of box thinking approach in solving critical audit query and obtaining audit clearance ahead of deadlines.

• Finalizing financial statements including liquidation of accounts; resolved audit queries & driven towards audit clearance ahead of agreed timelines successfully. Reviewing tax notes and ensuring documentation and work papers
• Spearheading activities related to XBRL preparation and supporting regulatory filing for Netherland and Singapore entities
• Driving key stakeholders and Directors with board presentation and walkthrough of financial statements. Cultivating strong relationships with key business stakeholders through regular relationship meetings, and offering insight
• Establishing and enforcing proper accounting methods, policies and principles; improving system and procedures and initiate corrective actions; coordinating and completing annual and internal audit; liaising with External Internal Auditor
• Establishing internal control disciplines throughout the region towards maintaining integrity and accuracy of financial reports
• Devising audit plan for the year and ensuring that the audits (internal & statutory) are completed within timelines
• Team management and collaboration with internal teams and peers to ensure effective utilization of resources across the teams.

• Ensured month end book closure, finalizing revenue recognition, monthly group reporting including budgeting and forecast
• Presenting reporting pack on Monthly Income statement and Balance sheet to Chief Financial Officer
• Prepared financial statements for statutory and tax audit including 3CD annexure, FAR and tax notes
• Review of statutory compliance: advance tax, service tax; spearheaded activities related to internal audits and effective closure
• Responsible for Group Reporting and direct liaison with Holding Company for consolidation of Global numbers for KPI release;
• Supporting queries from cross functional team

Highlights:

• Ensured SOP Adherence in all the commercial matters; supervised opex and capex budgetary control;
• Conducted circle monthly financial analysis and KPI analysis of Region
• Successfully conducted internal audit for Chennai Region through testing sufficiency of internal controls at branch level, conducting surprise audits (Revenue & Stock, Payroll audits)
• Managed Advance Outstanding & Pending Orders Review, check over revenue leakage, control over idle/ excess resource (consumption analysis)
• Reviewed the Statutory Compliance across India; adhered to all the deadlines for MIS Reports like branch performance reports, ageing analysis, sustainability report, budgeting, trend analysis.

Under a contractual agreement

Articleship