Krishna Kumar
Bengaluru
Summary
Results-driven financial professional with expertise in General Ledger management and account reconciliation. Implemented Excel macros to improve efficiency and accuracy. Led teams in compliance initiatives and streamlined collections, enhancing overall financial processes.
Overview
16
16
years of professional experience
Work History
Assistant Manager (Senior Associate)
State Street Investment Management
07.2021 - Current
- Post Expense & Revenue accruals into sub ledgers
- Processing payments like Custody, Advisory-Sub Advisory & Management Fees timely & accurately
- Reconciled various accounts including reserves and management fees to ensure accurate financial records.
- Resolved intercompany breaks, enhancing accuracy of financial reporting.
- Identified and corrected reconciliation breaks to enhance account accuracy.
- Posting Ad Hoc Journal entries for reclasses & reversals
- Supported month-end closures by assisting with financial reporting processes.
- Managed ETF fund setups by modifying and recording invoices for license fees and other expenses, ensuring timely processing.
- I’ve implemented Excel Macros for the data’s required to perform GL postings at every month end saving time & accuracy.
Team Leader (Financial Analyst)
IBM India
12.2009 - 07.2021
- Led and guided a team of five individuals, providing mentorship and support to enhance their skills and productivity.
- Analysed different types of issues in the Open items such as GR IR Mismatch, Actual Expense not posted, Invoices pending, Cost variances etc.
- Communicated with stakeholders regarding invoice postings, corrections, and follow-ups.
- Prepared monthly trends reports analysis and forecast for work in progress items, reviewing carefully before submission to management.
- Performed Work in Process closeouts, title analysis ensuring costs accurate based on estimated costs. Communicate directly with manufacturing groups, in obtaining support and approvals to close out titles in a timely manner in the cost accounting division.
- Handled customer accounts in the UK to ensure timely collection of dues, log disputed claims, and resolve deductions.
- Review and post intercompany purchase invoices
- Prepared amortization reports for intangible asset purchases and conducted balance sheet reconciliations to ensure financial accuracy.
- I’ve handled Internal Controls & compliance related activities.
Education
Bachelor of Commerce (B. Com) -
Jubilee college
Bangalore01-2008
Skills
- Financial reporting
- Revenue accounting
- General Ledger (GL)
- Record to Report (RTR)
- Order to cash (OTC)
- Accounts Receivable
- Account reconciliation
- Account reconciliation
- Internal controls
- Data governance
- Excel macros
- Account reconciliation
Productivity Tools
- Oracle BI/R12
- SAP
- MS Excel
- MS Word
- MS PowerPoint
- Salesforce
- Mainframe
- SmartView Essbase
Languages
- Malayalam
- Tamil
- Hindi
- Kannada
- English
- Malayalam
- Tamil
- Hindi
- Kannada
Hobbies and Interests
- Driving
- TV Shows
- Video Games
Accolades
- 12/2013, Promoted as Senior Financial Executive
- 04/2015, Promoted as Team Leader
- 09/2017, Certified Lean Six Sigma Yellow Belt
- 08/2018, Travelled to Northern Ireland & transitioned General Accounting activities to Bangalore & Stabilized successfully
Activities Experiences
- IBM India, 12/2009 to 07/2021, Worked in Collections for collecting/recovering unpaid payments & other business services., Responsible for handling various Customer accounts of UK to ensure the dues are collected on time & log disputed claims & work on deduction., Analysed different types of issues in the Open items such as GR IR Mismatch, Actual Expense not posted, Invoices pending, Cost variances etc., Frequently communicated with stakeholders regarding invoice postings / corrections & follow ups., Reviewed and posted intercompany purchase invoices., Performed Work in Process closeouts, title analysis ensuring costs accurate based on estimated costs., Mentored & handled a team of 5 individuals., Prepared Trends reports analysis & forecast for Work in progress items every month & reviewed them carefully for submitting to the Management., Amortization reports for the Intangible Asset Purchases & Balance Sheet Reconciliations., Worked in Vendor Master Data team performing Creation, Modifications, Extensions for proceeding payments., Assisted Auditors in quarterly & monthly reviews for both Internal & External third-party service providers., Handled Internal Controls & compliance related activities.
- State Street, 07/2021 till present, Post Expense & Revenue accruals into sub ledgers., Processing payments like Custody, Advisory-Sub Advisory & Management Fees timely & accurately., Perform Reconciliations for various accounts including Reserves, Management fee billed & unbilled, other fees expenses etc., Identify & fix Intercompany Breaks., Identify & fix Reconciliation Breaks., Performed Cash applications tasks to apply payments to customer accounts., Posting Reserves & Write offs quarterly., Posting Ad Hoc Journal entries for reclasses & reversals., Support during Month end closures., Support Onboarding of newly launched funds & assign revenue types accurately for generation of Accruals from AUM (Asset Under Management)., Worked on ETF funds setups, modifying, accruing & recording invoices related to License fee, Postage, Printing, Audit & Other expenses., Implemented Excel Macros for the data required to perform GL postings at every month end saving time & accuracy.
Timeline
Assistant Manager (Senior Associate)
State Street Investment Management
07.2021 - Current
Team Leader (Financial Analyst)
IBM India
12.2009 - 07.2021
Bachelor of Commerce (B. Com) -
Jubilee college