SAP
Lokesh K
Senior Manager Finance
Bangalore,KA
Summary
Finance professional with extensive experience at Software AG, specializing in SAP management and revenue recognition. Demonstrated success in financial forecasting and budget management, enhancing compliance and optimizing cash flow. Skilled in team leadership and collaboration, ensuring precise reporting and effective financial planning.
Overview
18
18
years of professional experience
Work History
Sr Manager – FC & A
Software AG Bangalore Technologies Pvt Ltd
Bangalore
08.2014 - Current
- SAP SD module management for India & other APJ country subsidies for Software License Key Delivery to customers.
- Managing Perpetual, SAAS & Subscription License Revenue with time-to-time renewals of maintenance and subscription with customers through SAP FICO module.
- Annual Revenue Recognition (ARR), Net Revenue Retention (NRR)
- Budget, Forecast, Cash Flow, Financial statements as per Indian Accounting Standard and co-ordination with Auditors (Statutory, Tax, Internal and TP audit).
- Period end close activities and reporting of MIS.
- Compliance and Department Audit & Assessment under Direct & Indirect tax laws.
- Treasury and Currency management for India.
- Team handling and direct interaction with business owners/management/Leadership Team.
- Shared Service support to subsidies outside India (Singapore & Australia).
- Interaction with Statutory auditors for Audit closure & Finalize audit report at the end of audit.
Sr Finance Executive
CenturyLink Technologies India Pvt Ltd
Bangalore
12.2009 - 08.2014
Monitored vendor accounts and verified expenses based on cost centers.
Processed payments adhering to credit periods and international vendor regulations.
Managed employee overseas travel arrangements, including forex and reimbursements.
Raised invoices for group companies based on expense markups.
Tracked overseas remittances and coordinated with banks for fund management.
Filed Softex forms and STPI returns to ensure compliance with export regulations.
Processed monthly payroll, reconciled salaries, and computed income tax for expatriates.
Prepared MIS reports to compare actual expenses against budgets.
Associate Consultant
Ujwal Management Services Ltd
Bangalore
11.2007 - 12.2009
Delivered onsite professional services in Accounting, Financial Management, Payroll, and statutory compliance for Veveo India Pvt Ltd and Intuit Technology Services Pvt. Ltd.
Supervised finance team to ensure accurate daily accounting, payroll processing, and compliance.
Managed intercompany invoicing and coordinated with statutory and internal auditors for comprehensive MIS reporting.
Education
Bachelor of Commerce - Finance
Bangalore University
BangaloreMBA - Finance
Annamalai University
BangaloreSkills
- SAP management
- Revenue recognition
- Financial forecasting
- Budget management
- Tax compliance
- Cash flow management
Work Experience Summary
Software AG Bangalore Technologies Private Ltd, Bangalore, SAP SD module management for India & other APJ country subsidies for Software License Key Delivery to customers., Managing Perpetual, SAAS & Subscription License Revenue with time-to-time renewals of maintenance and subscription with customers through SAP FICO module., Annual Revenue Recognition (ARR), Net Revenue Retention (NRR)., Budget, Forecast, Cash Flow, Financial statements as per Indian Accounting Standard and co-ordination with Auditors (Statutory, Tax, Internal and TP audit)., Period end close activities and reporting of MIS., Compliance and Department Audit & Assessment under Direct & Indirect tax laws., Treasury and Currency management for India., Team handling and direct interaction with business owners/management/Leadership Team., Shared Service support to subsidies outside India (Singapore & Australia)., Interaction with Statutory auditors for Audit closure & Finalize audit report at the end of audit.
Career Path
- Software AG Bangalore Technologies Pvt Ltd, Bangalore, Sr Manager – FC & A, 08/01/14
- CenturyLink Technologies India Pvt Ltd, Bangalore, Sr Finance Executive, 12/01/09, 08/01/14
- Ujwal Management Services Ltd, Bangalore, Associate Consultant, 11/01/07, 12/01/09
Focused Area
- Finance & Accounting Management
- Forecasting & Budgeting
- Payroll & Benefits Administration
- Treasury Management
- Statutory Compliances
- Merger & Acquisition
- Offshore Support Centre Setup
- Audit
- MIS Reporting
- ERP Implementation Co-ordination
- SEZ, STPI & Non STPI unit setup
- Indirect Taxes (GST, Service Tax, VAT)
Work Preference
Work Type
Full TimeWork Location
On-SiteRemoteHybridImportant To Me
Team Building / Company RetreatsCareer advancementWork-life balanceCompany CultureFlexible work hoursSoftware
Timeline
Sr Manager – FC & A
Software AG Bangalore Technologies Pvt Ltd
08.2014 - Current
Sr Finance Executive
CenturyLink Technologies India Pvt Ltd
12.2009 - 08.2014
Associate Consultant
Ujwal Management Services Ltd
11.2007 - 12.2009
Bachelor of Commerce - Finance
Bangalore University
MBA - Finance
Annamalai University
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