Lakshmi Krishnmoorthy
Bangalore
Summary
Astute Financial Controller, known for high productivity and efficiency in task completion. Specialized in budget management, financial analysis, and regulatory compliance to ensure fiscal health and integrity. Excel at strategic planning, problem-solving, and communication, leveraging these soft skills to navigate complex financial landscapes and support organizational goals.
Overview
18
18
years of professional experience
Work History
Financial Controller
Diageo Business Services Pvt Ltd
Bangalore
10.2020 - Current
- Provide technical accounting guidance to the Financial Control team and serve as the right-hand support to the Legal Entity Financial Controller.
- Analyse balance sheets and conduct regular reviews to identify insights and necessary actions, such as accrual releases and provisions, based on a deep understanding of legal entity accounts (balance sheet, P&L, cash flow) and associated business drivers.
- Interpret and implement Group Accounting and Reporting requirements, communicating these requirements to the Financial Control team and relevant market teams.
- Perform process analysis and accounting assessments on high-risk areas and major projects/transactions (e.g., mergers and acquisitions, new reporting standards, system integrations, etc.).
- Take responsibility for month-end close tasks, including journal entry preparation, in accordance with accounting guidance and PCAOB requirements.
- Prepare and review statutory financial reports and oversee the statutory adjustment and transfer pricing processes.
- Support internal and external audit-related requests related to the relevant legal entities.
- Validate RTR (Record to Report) balance sheet reconciliations with the RTR team and assist with complex reconciliation issues.
Client Financial Management Specialist
Accenture Business Services Pvt Ltd
Bangalore
03.2012 - 08.2020
- Possess 8 years of versatile experience in Financial Planning & Analysis, Budgeting & Forecasting, Variance Analysis & MI Reporting, Deal Pricing & Resource Planning, Internal Controls, Accounting, Taxation & Risk Compliance.
- Excel in leading FP&A operations, consolidated reporting, and financial reporting. Develop monthly, quarterly, and annual management reports, driving key insights and analytics. Focus on internal controls analysis and process improvement initiatives.
- Established and maintained an efficient recordkeeping/MIS System, enhancing financial procedures and cost controls with a strong emphasis on productivity, automation, and service improvement.
- Gained exposure in Revenue Recognition using methods like Percentage of Completion (POC), as Earned, and Fixed/Straight-Line.
- Expert in Financial Planning, Periodic/Monthly Forecasts, and Variance Analysis.
- Apply advanced financial analysis skills, including budget setting and expense variance analysis. Investigate and resolve potential project revenue leakage areas.
- Prepared a long-range business plan using financial modeling, forecasting, and analysis to develop corporate objectives and predict financial outcomes in the coming years.
Senior Executive - Finance & Accounts
Thomsun Reuters
Bangalore
04.2011 - 02.2012
- Prepared bank reconciliations for corporate entities.
- Conducted monthly accrual reconciliations.
- Tracked and resolved open items in accrual accounts.
- Managed reconciliations for balance sheet accounts, including Investments, Intercompany equity, and Retained Earnings.
- Posted accruals and prepayment journals promptly.
- Calculated and posted journals related to TIBCO share trading, followed by reconciliation.
- Recorded entries for dividends, interest, and share issuances.
- Addressed audit queries promptly for corporate entities.
- Managed booking of dividends, loan payments, and loan interest, along with reconciliation for corporate entities.
- Oversaw month-end closure activities and prepared Balance Sheet Packs for various subunits.
Accounts Executive
Tesco Hindustan Services Pvt Ltd
Bangalore
06.2009 - 03.2011
- Managed Bank Reconciliation for the Pension Scheme Bank Account.
- Regularly resolved queries related to open items.
- Oversaw Cheque accruals.
- Handled Investment Accounting and Reporting based on Fund Managers Report and JP Morgan.
- Posted accrual and adjustment journal entries routinely.
- Accounted for Investments in Properties.
- Recorded Income from Properties.
- Prepared Income and Expenditure statements to track current quarter finances against the previous quarter, fulfilling statutory requirements for the National Statistical Officer.
- Reconciled AVC (Additional Voluntary Contribution) entries, ensuring alignment between Balance Sheet and Profit & Loss accounts for contributions and withdrawals.
- Managed Accounting for Year-End Property Valuations.
- Conducted Balance Sheet Reconciliations and obtained approval from the Team Lead.
- Prepared Income and Expense statements for Pension Trustees.
Accounts Payable
IBM Daksh Business Process
Balasore
01.2007 - 06.2009
- A valuable member of the Ni-Source USA Accounts Payable Team, recognized for effectiveness and efficiency.
- Skilled in invoice booking and analysis using IBM RED Main Frames, Lawson, and SAP.
- Managed accounts payable for six Ni-Source subsidiaries, including Columbia Gas of Kentucky, Columbia Gas of Ohio, Columbia Gas of Maryland, Columbia Gas of Pennsylvania, Columbia Gas of Virginia, and Bay State Gas Northern Utilities, ensuring the verification and processing of vendor invoices.
- Consistently provided daily reports on aging invoices, meeting deadlines reliably.
- Analyzed daily error resubmission reports and resolved issues.
- Prepared daily productivity and quality check reports for the team.
- Assigned tasks to team members, ensuring adherence to service level agreements (SLA).
- Supported other teams during audits of invoices processed in SAP.
- Facilitated knowledge transfer to new team members.
Education
Advanced Financial Management -
XLRI Jamshedpur
Jamshedpur, JH06-2022
MBA -
Anamalai University
Annamalainagar06-2009
Master of Commerce -
University of Kerala
Trivandrum, KL06-2006
Skills
- US GAAP proficiency
- Revenue Generation
- Budgetary Planning
- Management accounting
- Financial Forecasting
- Internal Controls
Timeline
Financial Controller
Diageo Business Services Pvt Ltd
10.2020 - Current
Client Financial Management Specialist
Accenture Business Services Pvt Ltd
03.2012 - 08.2020
Senior Executive - Finance & Accounts
Thomsun Reuters
04.2011 - 02.2012
Accounts Executive
Tesco Hindustan Services Pvt Ltd
06.2009 - 03.2011
Accounts Payable
IBM Daksh Business Process
01.2007 - 06.2009
Advanced Financial Management -
XLRI Jamshedpur
MBA -
Anamalai University
Master of Commerce -
University of Kerala
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