Mahesh Suvarna

Payroll and Finance professional with 19+ years of professional experience in payroll accounting within Oil & Gas field, I have gained the skills and experience to be a valuable asset to any organization as my knowledge and background in Accounts and IFRS provides a strong foundation that allows for accurate and thorough work. I am professional SAP user and an expert MS Excel. Experienced Supervisor leading team members on-time job completion. Assign tasks, train employees, provide feedback, mediate interpersonal conflicts and implement company procedures. Excellent communication and listening skills. Provide leadership and vision which drives teams to meet goals.

• SAP (ERP)
• Working Capital Management
• Blackline Reconciliation Tool
• Qtac payroll Tax software
• Tally Accounting software
• OneSource Tax
• Talisman Tax
• Management Accounting
• Microsoft Office Application
• Financial Accounting
• People engagement
• Communication Skill
• Strong team player
• Analytical skills
• RVCS

• Transition of Payroll activities ( ESSA & Middle East) and payroll accounting for Eastern Hemisphere ( Middle East, APAC, ESSA and PRL) 72 entities and 52 countries.
• Deployment of UK & Norway payroll and taxes: Successful transition of payroll with the complete handling of payroll and filing of year tax return, Received MVP award.
• Singapore payroll conversion legacy to SAP, Received MVP award.
• Algeria payroll conversion legacy to SAP, Received MVP award.
• Employee receivable Macro project for location, Saudi, Egypt, Oman, Qatar, Kuwait, Algeria and UAE. Applause award for the successful completion of project.
• Part of many other transition and configuration project, like UAE, Saudi, Iraq & Malaysia.

• HALLIBURTON DEV CENTER INDIA LLP, Bangalore India, 04/2020, 02/2024, Supervisor Payroll Accounting - Eastern Hemisphere (EH), Monthly, Quarterly and Yearly, reviewing and approving the payroll journal for all the EH countries., Develop and implement controls for fiscal accountability; review for accuracy and compliance of monthly, quarterly and annual payroll processes., Assure the preparation of regular and specific payroll reports, including the closing and reporting of quarter end and year end payroll processes and reports., Develop, revise and analyze the DTP ( Desktop Procedure) for the department and ensure it is followed., Attend monthly governance call with Local F&A team, HR and tax team, to ensure the reconciliation, Record and review journal entries for payroll and other complex transactions, Assist in monthly close process of payroll account for 52 entities ( APAC, ESSA, Middle East and PRL Payroll )., Preparing and reviewing SOX on Quarterly and Year reporting., Review Benefit reviewing of US Expat employees on W2 Form., Motivates team members to work towards individual and team goals and objectives and fosters an environment of teamwork and cooperation., Ensure the computation of Inpat payroll taxes are accurately performed, and paid to the tax authority., Reporting of Workmen compensation for Australia payroll on Yearly basis and configuring the percentage through payroll., Ensure monthly and yearly DC reconciliation and ensure the expected balance as per US compensation team.
• HALLIBURTON WORLDWIDE LIMITED, U.A.E, 08/2007, 03/2020, Lead Payroll Analyst: ( MENA region, UK and Russia), Training and mentoring junior staff., Arrange cross dept, training for the team and Responsible for the coordination efforts between payroll, human resources, budget and other departments, After rigorous follow up with internal & external insurance parties, were able to recover more than USD 100K which was potential bad debt., Reviewed and approved the payroll file for MENA Region, Norway ,UK, Singapore , Falkland , Ireland & Algeria payroll accounting (with over 6,500 employees), Preparing and coordinating month-end and year-end closing journal entries. Created new procedures to reduce month-end closing process by 30%, Review all the payroll file , Tax file and off cycle in absence of Supervisor, location like UK, Singapore, UAE & other Middle East countries., Reviewing the balance sheet and income statement on a monthly basis to ensure the cost are booked and mitigating financial exposure, Ensure to mitigate reconciliation exposure majorly for all location and put control in place., Providing a support service by working with all departments and the management team to help make financial decisions;, Offering professional judgment on financial matters and advising on ways of improving business performance, Working closely with the statutory team and the auditor in terms of payroll cost.
• HALLIBURTON WORLDWIDE LIMITED, 07/2013, 02/2015, Senior payroll Accountant, Successful completion of tax filing of Falkland, Ireland and UK with no major audit finding from the all the tax authority, Preparing and reviewing journal entries to General Ledger with appropriate support documentation in accordance to US GAAP, Preparation of Statutory accounts with IFRS and US GAAP., Perform AR/AP, collections, and inventory valuation, Preparing periodic financial statements, including profit and loss accounts, budgets, cash flows, variance analysis and commentaries (RVCS), Liaising with internal & external auditors and government authorities., Implementation of Macro to recover money from employees, handled employee receivables for Egypt, Saudi, Qatar, Oman and UAE and received applause award for successful macro., Prepare and posts journal voucher as per the company policy and accounting standards., Prepared monthly account reconciliation for responsible companies with detail documentation to support using Blackline reconciliation, Prepare and posts journal voucher which include consolidation and elimination., Confirmation of inter-company balances on a monthly basis to ensure that all inter-company are in balance, Month end activities, including accrual and reversal entries, analysis, and amortization of prepaid accounts.
• HALLIBURTON WORLDWIDE LIMITED, 08/2007, 11/2012, Payroll Processor and Administration, Managed and Administer Payroll for Australia, Libya, Norway, Angola, UAE, UK and Pakistan., Payroll inputs – Bonus load, Salary change, court order, Tax code change, payment and deduction, Responsible for the preparation and processing of monthly and weekly payroll for over 2600 employees; review and ensure accuracy of approved timesheets; track and deduct all garnishments and other special payroll deductions, Understanding and implementing the tax computation from legacy system to SAP. Major process improvement in computation UK inpat tax result in saving of USD 250K per year, saving time, accuracy in reporting and better internal controls., Under the Net credit agreement, every year save around GBP 400K claiming foreign taxes from UK authority, Worked along with Payroll team to crack down the various accrual configuration, special Vacation balance and bonus accrual. For location like Singapore, UAE, UK, Algeria and others., Computation of severance payment as per the local laws and regulation., Yearend process (finalisation of payroll tax, worker’s compensation and tax return for inpats)., Income tax computation for Inpat, commuters and International short assignment employees., Oversaw the process and working with Master Data to setup and delete Vendors & Customer in SAP, Processing payroll in simulation mode, fix for the error, monthly payroll check as per the check list., Processes wage garnishments, pay levies, and other involuntary court-ordered payments in a timely manner, including reporting to the necessary State office or jurisdiction and assisting employees with general process questions
• Beacon Shipping LLC, Dubai, 05/2005, 08/2007, LEAD ACCOUNTANT, Implemented Shipping and Accounting software which has ease month end closing process, including Journal voucher entries, MIS reports, Daily Sales Reports, Processing Salary and Implement the Banking system in the company for the salary transfer., Preparation of various schedules for Balance Sheet & P&L Accounts., Reconciling Bank Statement, Cash sheet and Reconciliation of accounts., Checking collection and monthly follow up of outstanding accounts receivables and payables., Invoicing and issuing Receipts against payments., Identifies key business and audit risks, identifies relevant controls and develops appropriate testing methodologies., Prepare reports detailing issues found and recommending corrective and preventative actions to resolve them., Examines and evaluates financial and operational and monitoring processes, systems and controls to ensure integrity and compliance with existing policies and regulations., Ensures Manager/Senior Managers are informed on a regular basis on the progress of the audit and relevant issues/audit findings., Write and present Audit reports and presentations to management teams identifying deficiencies and recommending ways to improve. Working with stakeholders to take corrective action., Making audit recommendations for internal control and policy and procedures improvements.

• CMA, Cambridge Institute of Management Accountants & Consultants
• Tax Accounting, Raritan Valley Community College, New Jersey, United States, 2009
• Graduation, Mumbai University, 2002