Madhu R
Bengaluru,KA
Summary
Results-driven Finance and Accounts Manager with over 18 years of extensive experience in financial analysis, auditing, payroll processing, and compliance. Proven expertise in producing detailed reports, evaluating departmental operations, and managing month-end and year-end closings. Meticulous attention to detail and a methodical approach to finance management consistently contribute to success in the finance sector. Committed to driving efficiency and enhancing financial performance through strategic oversight and innovative solutions.
Overview
19
19
years of professional experience
Work History
Manager Accounts
Accounts Whiz India Pvt Ltd
05.2025 - Current
- Managed end-to-end accounting processes for US , Singapore UK based client books of accounts.
- Performed all statutory dues and returns on time.
- Developed and presented monthly MIS reports for management review.
- Handled consolidation of financials across multiple entities.
- Led cross-functional teams in executing strategic initiatives and improving service delivery.
- Analyzed financial reports to inform decision-making and drive profitability improvements.
- Accomplished multiple tasks within established timeframes.
- Enhanced customer satisfaction by resolving disputes promptly, maintaining open lines of communication, and ensuring high-quality service delivery.
- Developed and maintained relationships with customers and suppliers through account development.
Assistant Manager Finance and Accounts
Solis Health Pvt Ltd
04.2023 - 05.2025
- Supervised daily financial transactions and maintained accurate records
- Coordinated the preparation and maintenance of purchase orders, quotations, and invoices
- Prepared financial statements and MIS reports for management review
- Conducted bank reconciliations and coordinated with auditors and stakeholders
- Analyzed financial data to identify discrepancies in debtors and creditors reconciliations
- Led budgeting processes, variance analysis, and ensured statutory compliance
- Guided team members on accounting principles and company policies
- Implemented Odoo Accounting Software and managed fixed assets and inventory
- Spearheaded the daily management of financial transactions, ensuring 100% accuracy and compliance with company policies
- Streamlined procurement processes by coordinating and maintaining purchase orders, quotations, and invoices, reducing processing time by 15%
- Developed and presented monthly financial statements and MIS reports, providing actionable insights to senior management
- Led bank reconciliation efforts, achieving a 98% reduction in discrepancies
- Collaborated with internal and external auditors, resulting in a 20% improvement in audit efficiency
- Conducted in-depth analyses of financial data, identifying and rectifying discrepancies in debtor and creditor reconciliations
- Orchestrated the preparation of budgets and variance analyses, enhancing financial forecasting accuracy by 25%
- Ensured 100% compliance with statutory regulations, mitigating potential financial risks
- Mentored a bunch of team members on accounting principles and company procedures, improving team productivity by 30%
- Pioneered the implementation of Odoo Accounting Software, optimizing financial operations and reducing manual errors by 40%
- Handled fixed assets and inventory, leading to a 15% reduction in asset discrepancies
Financial Analyst
BASE Educational Services Pvt Ltd
01.2008 - 01.2023
- Processed payroll, including calculations for PF, ESI, PT, and employee income tax
- Generated MIS reports and audits with firms like Deloitte and KPMG
- Analyzed monthly balance sheets and profit & loss statements
- Compiled general ledger entries with high accuracy and trained new team members
- Created reports comparing budgeted costs to actual expenditures
- Oversaw branch accounts monthly, quarterly, and year-end closures
- Handled the end-to-end GST related operations
- Dealt an average of 300+ invoices per month, ensuring accurate and timely payments to vendors and service providers
- Reduced invoice processing time by 25% by implementing automated workflow systems
- Reconciled monthly financial statements and reports to verify the accuracy of transactions, impacting 200+ accounts monthly
- Generated financial statements and facilitated account closing procedures each month
- Compiled general ledger entries on a short schedule with nearly 100% accuracy
- Coached more than 5 to 6 new team members on accounting principles and company procedures & policies
- Created periodic reports comparing budgeted costs to actual costs
- Conducted vouching and verifications
- Oversaw month, quarter, and year-end closures
Accounts Assistant
Mohan Rao and Associates
01.2007 - 01.2008
- Sales and purchase accounting
- Handling petty cash
- Bank & Vendor Reconciliation
- Preparing statutory statements
- Effective filing system and organized customer documents for quick and efficient information retrieval
Education
Bachelor of Commerce - Financial Accounting
BMS College For Women
Bengaluru, IndiaJunior Typing Certificate -
Parijata Institute
Bengaluru, IndiaCertified Tally Practitioner -
C Cube
Bengaluru, IndiaCertified Payroll Practitioner -
Greyt HR Software Pvt Ltd
Bengaluru, IndiaSkills
- Excel-based data interpretation skills
- Expert in Tally Accounting Software
- OODO implementation skills
- Experienced with ZOHO accounting applications
- Experience with XERO accounting application
- Experienced with GREYT HR software
LANGUAGES KNOWN
Kannada Native
English Professional
Hindi Intermediate
Telugu Intermediate
Tamil Intermediate
HOBBIES/INTEREST
Listening to Music, Solving puzzles, Playing chess, Reading books, Fashion Designing, Cooking
NON-AccountING EXPERIENCES
Worked in Schools as clerk and teacher 2003 to 2007
Timeline
Manager Accounts
Accounts Whiz India Pvt Ltd
05.2025 - Current
Assistant Manager Finance and Accounts
Solis Health Pvt Ltd
04.2023 - 05.2025
Financial Analyst
BASE Educational Services Pvt Ltd
01.2008 - 01.2023
Accounts Assistant
Mohan Rao and Associates
01.2007 - 01.2008
Bachelor of Commerce - Financial Accounting
BMS College For Women
Junior Typing Certificate -
Parijata Institute
Certified Tally Practitioner -
C Cube
Certified Payroll Practitioner -
Greyt HR Software Pvt Ltd