Karunakaran P
Chennai
Summary
Highly creative and resourceful professional adept at generating innovative ideas and solving complex problems. Known for flexibility in organizing and planning, with a proven track record of adapting to evolving business needs. Skilled in strategic thinking and capable of devising effective solutions to drive productivity and efficiency. Adept at optimizing processes and implementing best practices to achieve organizational objectives. Proficient in leveraging diverse perspectives to foster an environment of collaboration and innovation. Committed to continuous improvement and passionate about delivering high-quality results.
Experienced Assistant Vice President offering career in mentoring and leading talented teams. Skilled in decision-making and task delegation. Looking for exciting role with terrific organization.
Knowledgeable individual considered with expertise. Reliable and highly skilled in technology. Looking for Assistant Vice President role where career spent obtaining successful results will be highly valued.
Overview
16
16
years of professional experience
Work History
Assistant Vice President
Mizuho Global Services India Pvt Ltd
Chennai
10.2022 - Current
- Supported start up of Mizuho Global Services at chennai office and ensured compliance, coordination official authority.
- Coordinated with external auditor and internal auditor for streamline the process of the start up business.
- Supported management for preparing SLA for the business expansion.
- Prepared documentation matter of SEZ registration Compliance.
- Client coordination on raising Invocing and account receivable coordination.
- Business Plan preparation on pricing matters and ensured accuracy pricing margin as per the report.
- Actual Pricing and adjustment in the last quarter with clients invoicing.
- Statutory compliance of GSTR FILING, TDS FILING, Income tax filing coordination and SEZ compliance reporting etc and ensured accuracy reporting within the deadlines.
- Budget forecasting by applying all logic and plans by the management.
- Board of directors minutes preparation support extended to the company sectarian.
- Extended support and roles to Human resource management related to compensation and benefits.
- Payroll processing and maintained accuracy and followed all compliance.
- Initiated appraisal analysis to management.
- Maintained Statutory of gratuity funding and Trustee update in Gratuity deed.
- Streamlined the monthly financial closing process, reducing the closing time by 20%
- Implemented new cost control measures, resulting in a 15% reduction in overall departmental expenses
- Developed and maintained financial reports for senior management, enabling informed decision-making
- Conducted regular financial analysis to identify trends, variances, and opportunities for improvement
- Led cross-functional teams to improve operational efficiency and project outcomes.
- Mentored junior staff on best practices and professional development techniques.
- Coordinated training sessions to enhance team skills and knowledge retention.
- Created and maintained a positive working environment through effective leadership practices.
- Ensured compliance with established policies, procedures and regulations.
- Prepared reports outlining progress on projects, budgets, staffing needs.
- Liaised with leadership teams to drive initiatives and contributed to weekly policy change meetings.
- Generated reports and financial sheets necessary for annual budget development and goal setting.
- Supported senior leadership by reviewing and prioritizing strategic initiatives.
- Identified areas for improvement within the organization and developed strategies for addressing them.
- Evaluated budget plans and current costs to project trends and recommend updates.
- Analyzed financial statements to determine potential risks and opportunities for growth.
- Collaborated with board of directors to address update and implementation of new governance policy.
Senior Officer
Mizuho Bank ltd
Chennai
08.2014 - 10.2022
- Mizuho Bank Chennai started Nov 2013, extended my support all compliance and fixed asset accounting preparation.
- Statutory of TDS Filing, Service tax and RBI Reporting.
- Supported GST Migration process and registration GST Matters.
- Filing of GSTR1 & GSTR3B.
- Service tax scrutiny addressed and obtained clearance without any defaults.
- Extended supported General Affairs for facility and account payable process.
- Coordinated with stakeholders for price negotiation and ensured billing as per the agreement.
- Initiated simply process of budget Monitoring on the expenses.
- Supported Management to identify cost efficiency.
- Extended support to payroll team during long absence of staff and ensured accuracy payroll process.
- Streamlined the budget application preparation and cost efficiently.
- Supported accounts team for centralized process.
- Handled Internal auditor and external auditor requirement and ensured no observation on the documentation.
- Knowledge transfer extended to new joiners and effective support to colleagues.
- Managed the accounting department, overseeing a team of 10 professionals
- Implemented new financial reporting processes, resulting in a 20% reduction in reporting errors
- Conducted regular financial audits to ensure compliance with regulatory standards
- Collaborated with senior management to implement new financial services initiatives.
Accounts & Finance Executive
Sri Kirthika Builders Pvt Ltd
Chennai
03.2013 - 12.2013
- Supported management to analysis sales turnover based on the financial report.
- Coordinated with Banker for negotiate of loan interest rate and documentation for loan application
- Managed accounts payable and receivable processes efficiently.
- Assisted in budget preparation and forecasting activities.
- Maintained accurate financial records and documentation for audits.
- Identified discrepancies in accounting records and recommended corrective action plans as needed.
- Managed relationships with tax authorities, bankers and auditors.
- Extended my support group company business of BPO Services and export documentation submission
- Streamlined invoicing procedures to improve cash flow management.
Accounts & Finance Executive
Alameen international ltd
Chennai
08.2012 - 03.2013
- Verifies and post transaction to journals, ledgers and records
- Preparing bank reconciliation statements
- Finalization of books of accounts (Quarterly/Annually)
- Reporting to Managing directors
- Bank negotiate (regarding loans and funds)
- Managed accounts payable and receivable processes efficiently.
- Construction approval documentation preparation and coordinated with legal authorities for building approval.
- Coordinated with auditor 5 Years forecasting preparation for loan application.
Accountant & Audit Assistant
VIJAYA OPTICAL HOUSE
Chennai
10.2009 - 07.2010
- Accounts Bookeeping
- Bank reconciliation
- Sales tax (VAT) filing
- Cash flow analysis
- Salary processing
- Calculating incentive
- Financial statement preparation for income tax filing
- Managed accounts payable and receivable processes for optical retail operations.
Education
MBA - Finance And Marketing
Sri Ram Engineering College
Chennai07-2012
Bachelor of Arts - Commerce And Accounting
D. G Vaishnav College School of Management
Chennai09-2009
High School Diploma -
Velammal Matriculation HR Sec School
Chennai06-2006
Skills
- Financial Services
- Budgetary Control
- Budgeting And Forecasting
- Accounts Payable
- Invoice Processing
- Payroll Management
- Statutory Audit
- Taxation
- Visual Basic
- MS Office
- Excel VBA
- Human Resource Management
- Statutory Compliance
- Management Reporting
- Financial reporting
- Cost control measures
- SLA preparation
- Stakeholder management
- Process improvement
- Team leadership
- Client invoicing
- Effective communication
- Problem solving
- Reporting, meeting minutes, records management
- Consulting
- Human resources management
Languages
- English
- Tamil
Total Work Experience
14 Years 0 Month
Languages
Tamil
First Language
English
Advanced
C1
Timeline
Assistant Vice President
Mizuho Global Services India Pvt Ltd
10.2022 - Current
Senior Officer
Mizuho Bank ltd
08.2014 - 10.2022
Accounts & Finance Executive
Sri Kirthika Builders Pvt Ltd
03.2013 - 12.2013
Accounts & Finance Executive
Alameen international ltd
08.2012 - 03.2013
Accountant & Audit Assistant
VIJAYA OPTICAL HOUSE
10.2009 - 07.2010
MBA - Finance And Marketing
Sri Ram Engineering College
Bachelor of Arts - Commerce And Accounting
D. G Vaishnav College School of Management
High School Diploma -
Velammal Matriculation HR Sec School
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