Malatesh S M
SR FINANCIAL & ACCOUNTS ANALYST
Bengaluru
Summary
Certified Finance Professional with 12 years of Experience in accounting operation, Includes Plant inventory Accounting,Intercompany,Account Payable,Accounts Receivable and Banking 12 years of experience.
Overview
12
12
years of professional experience
Work History
SR FINANCIAL & ACCOUNTS ANALYST
Epsilon
4 2022 - Current
- Validating the month end journals posted by team members and approve it
- Accurately documented all cash, credit, fixed assets, accrued expenses and line of credit transactions
- Co-ordinating with SSC team to make sure all journals are posted
- Creates the HFM reporting file and managing the Intercompany reconciliation and make the adjustments
- Preparing TB and presenting to the top management
- Responsible for evaluating the company's financial Process and Recommending the best ways to Improve them further
- Provide variance analysis on actual Vs plan and Forecasted figures
- Managed entire accounting cycle including gathering information, preparing documents, finalizing reports, and closing books
- Managing the Intercompany reconciliation and make the adjustment.
TEAM LEAD
Capgemini
06.2017 - 04.2022
- Reviewing Balance sheet accounts and P&L accounts at unit level; ensuring integrity of all reported financial statements
- Investigating and correcting errors and inconsistencies in financial entries and documents that lead to transparency in Reporting to Internal and external stakeholders
- Checking the standard check list and make sure the activities are completed on time
- Preparing and sending the monthly SLA KPI matrix to management
- Review journals, recons and day to day activities
- Conducting Team meeting and cross trainings
- Preparation and review of standard operating Procedures
- In GL Role: Compiled general ledger entries on short schedule with 100% accuracy
- Provided journal entries and performed accounting on accrual basis
- Managed entire accounting cycle including gathering information, preparing documents, finalizing reports and closing books
- On Time running of Settlement & Cycles - Department Expenses
- On Time Running of Settlement & Cycles - P&L
- Responsible for performing the Flux& Ques analysis on a quarterly basis
- Active Participation in Finance Functional Reviews
- Accruals are calculated for inventory shipped but not billed / billed but not shipped, purchases not recorded in systems, billing adjustments for selective customers
- Re-billing in case of price adjustments and in-transit inventory
- Analysis of excess, inactive and obsolete inventory - calculation of quarterly reserve and monthly reserve and booking reserve amount
- WIP aging analysis and booking reserve - Co-ordination with manufacturing sites for exception treatment
- Corporate tax schedules - providing P&L, B/S details to tax department for tax filing
- Follow-up on Advance payments, unbilled receivables and shipments not billed
- Management Reporting - Intercompany profit analysis, Raw Material, WIP and Finished Goods analysis
- Reporting (Revenue generated from Affiliates / Non-affiliates, Ohio State revenue)
- Attending in Yearly BSR call with client and Explaining the recons
- Handling Distributor discount commission calculation and Payment.
PROCESS LEAD
Volvo India Private Limited
11.2014 - 06.2017
- Maintained integrity of general ledger, including chart of accounts
- Performed advanced reviews of business operational trends and expected obligations to prepare accurate forecasts
- Provided journal entries and performed accounting on accrual basis
- Managed entire accounting cycle including gathering information, preparing documents, finalizing reports and closing books
- Accurately prepared monthly and quarterly financial statements
- Reviewed accounts, resolved coding areas and tracked recurring expenses for accrual entry
- Collaborated with credit controllers on collection of payments
- Completed daily accounting tasks including cash application, preparing unallocated payments and reconciling accounts
- Supported monthly reporting analysis to achieve validation of internal reports and to reconcile production operations and general ledger
- Trained new employees on accounting principles and company procedures.
PROCESS ASSOCIATE
Capgemini Business Services (India) Ltd. Bangalore
04.2012 - 09.2013
- Maintained accurate records of all transactions related to processes in accordance with company guidelines
- Prepared bank reconciliations on a regular basis
- Provided support to other departments regarding financial matters
- Generated reports for internal management review and analysis
- Assisted in the preparation of financial statements, including balance sheets, income statements, and cash flow statements
- Analyzed account activity to identify potential errors or inconsistencies
- Reviewed and reconciled general ledger accounts for accuracy and completeness
- Performed monthly closing activities such as accruals and deferrals
- Ensured compliance with GAAP standards when preparing financial report.
Education
Bachelor of Business Management - Financial Management
Kuvempu University
Master of Business Administration - Financial Management
Vishveshwaraya Techological University
Skills
Record to report
Plant Inventory accounting
Intercompany
Banking
Accounts Payable
Accounts Receivable
Management report
Financial report
Account Reconciliation -Blackline
ERP : SAP 30, SAP40 and SAP HANA
Management reports
Weekly and Monthly, Prepared and Presented Weekly and Monthly Management reports of on cost and benefit analysis, Productivity analysis.
Lead activities
day-to-day processing, Led the day-to-day processing of activities to ensure that organizational finances were maintained in an effective, up to date and accurate manner compiled Details.
Accuracy
100%, Maintain a consistency 100% accurate and accuracy in SLA KPI
Travel experience
USA - Traveled to USA as a service delivery lead Presented the management about the KPI performance after transition of work from various location to India and also carried out knowledge transfer for few activities still in the location-USA VISA valid till 2028
Awards and recognitions
- Received an "Individual Extra Miler" award for handle the complete AP of western European Countries without any escalation.
- Received a "out of the box" award for handle the assigned books of account up to date.
- Driven RPA project successfully. (Billing project)
- Recognized by the vice president of Volvo for the GEMBA presentation.
Coordinations
RPA and technical team, Co-ordinate with RPA and technical team for process / System Enhancements(Testing) and Automation of the current Process
Awards
Outstanding Contribution in Delivery award, Recognized by the Organization for Driving improvement into recordkeeping controls that reversed at history of missed deadlines and lack of standardization and improvements won the Outstanding Contribution in Delivery award.
Disclaimer
I hereby declare that the above written particulars are true to the best of my knowledge and belief.
Date: / /2024
Place:Bangalore Malatesh SM
Languages
English
Advanced (C1)
Hindi
Upper intermediate (B2)
Marathi
Upper intermediate (B2)
Timeline
TEAM LEAD
Capgemini
06.2017 - 04.2022
PROCESS LEAD
Volvo India Private Limited
11.2014 - 06.2017
PROCESS ASSOCIATE
Capgemini Business Services (India) Ltd. Bangalore
04.2012 - 09.2013
SR FINANCIAL & ACCOUNTS ANALYST
Epsilon
4 2022 - Current
Bachelor of Business Management - Financial Management
Kuvempu University
Master of Business Administration - Financial Management
Vishveshwaraya Techological University
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