Cooking
Manikanta Grandhi
Revenue Manager
HYDERABAD
Summary
Objective – To attain a challenging position utilizing the work experience, analytical skills and academic knowledge for the best benefit of organization and self with ample scope for growth.
Overview
13
13
years of professional experience
13
13
years of post-secondary education
1
1
Language
Work History
Manager
ServiceNow Software Development India Private Limited
Hyderabad , TG
02.2021 - Current
- Assist team in various month close tasks and approver for key checklists
- Manage team of interns and responsible for overall development of team and successful implementation of intern program launched by company
- Successfully managed team in testing and implementing CPQ module in SAP
- Handled SAP upgrade project related to revenue management from India and part of successful implementation
- Key stakeholder of Profession services revenue and being successful in simplifying complex revenue model
- Thrive towards overhauling month end close time by automating key processes using excel and Alteryx tools
- First-hand experience on designing and automating various day to day work activities using Alteryx which in turned improved operational efficiency of finance close process
- Timely preparation and submission of quarterly SEC schedules
- Strong work experience on designing SSP model based on volume tiers.
- Cross-trained existing employees to maximize team agility and performance
- Accomplished multiple tasks within established timeframes
- Maximized performance by monitoring daily activities and mentoring team members
- Leveraged data and analytics to make informed decisions and drive business improvements
- Assisted in organizing and overseeing assignments to drive operational excellence
IC4
ServiceNow Software Development India Private Limited
Hyderabad , TG
01.2019 - 01.2021
- Global owner for monthly system revenue postings and making sure all system issues are resolved in timely manner
- Collaborated with various upstream /IT teams to assist month close activities
- Effectively managed and taken ownership of key control mechanism of various fall outs in system which are addressed via MJE or control tracker
- Facilitated deal review mechanism by assessing risk and complexity of deal structure and there by categorizing daily deals based on thresholds under correct risk buckets and assigning deals for deal review
- Being deal reviewer for medium risk category deals developed automated process using excel to speed up deal review and sign off
- Key stakeholder of preparation and presentation of backlog (RPO) of organization which includes playing active role in preparing disclosures for 10 Q filing
- Performed comprehensive analysis on bad debts and provisioning same during pandemic
- Hands on experience in reviewing T4C clause details in deals and T4C customer deposit reclass
- Involved in various projects like Open Air through which entire PS timecards are logged by engagement managers and partners and interfaced to SAP
- Handled major projects of automation of PS which includes timecard interface automation and MBR
- Assessed monthly failed timecards in system and accrue in system
- Analyze free PS hours given to customers and assess possible combination of deals for revenue allocation within POBs.
- Proven ability to learn quickly and adapt to new situations
- Demonstrated a high level of initiative and creativity while tackling difficult tasks
- Participated in team projects, demonstrating an ability to work collaboratively and effectively
- Developed and maintained courteous and effective working relationships
Senior Revenue Analyst
VMware India PVT LTD
07.2018 - 01.2019
- Part of Core team that implemented New Revenue Standard – ASC 606
- Travelled onsite to Cork for learning new activities and transitioning same to USA and Bangalore teams
- Core contributor for designing SSP module in RevStream 5x
- Monthly analysis of data extracts to ensure forecasting and deal reviews are reflecting correct numbers from
- Revenue
- In depth analysis of SaaS orders and revenue carve-outs and review as part of SOX control
- Involved and taken leadership of testing various acquisitions and reseller agreements and successful implementation of new revenue recognition setups for same
- Review of Related party and intercompany transactions
- Designed process for preparation and review of various edits performed in 5x.
Revenue Analyst
VMware India PVT LTD
04.2015 - 06.2018
- Part of core team that did UAT for change in ERP (moved from RevStream 1.9 to 5x)
- Reviewing and adjusting transactions that have system errors, ensuring revenue recognition is accurate
- Participate and ownership of test script completion related to bug fixes/enhancements and other company initiatives
- Monitor daily transaction processing in RevStream
- SKU mapping/system configurations, revenue setups and Part Number review to ensure revenue recognition on them are right
- Determining and assessing VSOE ranges relating to software industry and maintaining VSOE WB for Fair value decisions by company
- Determine and assess revenue holds, played crucial role in assessing revenue recognition and deferral decisions
- Creation/revision and upkeep of process documentation for ones owned by self or as reviewer
- License fulfillment analysis and testing
- Ad hoc reporting and project work as required
- On boarding and training of new members in team
- Knowledge on partner program, royalties and rebated booking.
Sr. Audit Executive
Manohar & Venkat Chartered Accountants
Bangalore
06.2014 - 03.2015
- Conducted procedural compliance audits
- Experience in having led internal audit teams
- Handled registrations of PT, ESI, service tax etc for various companies
- Review of monthly metrics.
Consultant
Ernst & Young GSS
Bangalore
12.2013 - 03.2014
- Involved in Asset Management Services for companies based in Europe
- Conducted financial statement review and analysis
- Responsibilities included portfolio tie outs, calculation of Management fees, NAV, Portfolio fees and other calculations
Article Assistant
Manikanta Grandhi, Brahmayya & Co
Bangalore
08.2010 - 09.2013
- Worked as team member in handling internal audits of clients belonging to industries ranging from manufacturing, software, airport & aviation sectors, metro rail and Ashrama
- Been part of teams working at limited review of listed companies and tax audits
- Independently headed teams of risk advisory and designing SOPs for finance and accounts departments
- Designed internal controls for various industries
- Major contributor for transition from tally to full-fledged ERP system of metro project
- Involved in fraud investigation project assigned by Karnataka High Court
- Developed audit objectives and audit program steps to address process and financial risk. Managed audits ensuring work was assigned and completed timely. Performed work paper reviews and audit wrap-up procedures verifying audit objectives were achieved and controls properly evaluated.
Education
CA Final - Accounting And Finance
Institute of Chartered Accountants of India
Bengaluru, KA 04.2001 - 01.2014
Intermediate - undefined
Sri Prakash College
10th - undefined
Ylm Public School, SSC
Completed Computer Course forming part of CWA Intermediate syllabus - undefined
Skills
IT SKILLS - Knowledge on accounting tools
Additional Information
Experienced Revenue Manager with a demonstrated history of working in the computer software industry. Skilled in Revenue Recognition, Corporate Finance, Business Strategy and Financial Analysis.
Involved with legal, CSMs and other concerned stakeholders in formalizing contract to ascertain revenue recognition and suggest appropriate changes to ensure the contract is in line with company’s policy and the US GAAP.
Act as trusted advisor and partner for all the new deal reviews from finance perspective of the deal
Reading of the signed contracts, understanding clauses and summarizing important clauses impacting revenue recognition
Create Revenue Recognition Memo’s and ensuring sign off from corporate finance leadership
Discussion within team and train wherever required on the key revenue recognition guidelines
Close process for Revenue
Interests
Zoophilist
Travelling
Strengths
Self-starter, self-motivated and desirous to succeed.
Ability to adapt to new environment and learn quickly.
Strong logical and analytical thinking and learning skills.
Dedicated and enthusiastic towards achieving team and organizational goals.
Timeline
Manager
ServiceNow Software Development India Private Limited
02.2021 - Current
IC4
ServiceNow Software Development India Private Limited
01.2019 - 01.2021
Senior Revenue Analyst
VMware India PVT LTD
07.2018 - 01.2019
Revenue Analyst
VMware India PVT LTD
04.2015 - 06.2018
Sr. Audit Executive
Manohar & Venkat Chartered Accountants
06.2014 - 03.2015
Consultant
Ernst & Young GSS
12.2013 - 03.2014
Article Assistant
Manikanta Grandhi, Brahmayya & Co
08.2010 - 09.2013
CA Final - Accounting And Finance
Institute of Chartered Accountants of India
04.2001 - 01.2014
Intermediate - undefined
Sri Prakash College
10th - undefined
Ylm Public School, SSC
Completed Computer Course forming part of CWA Intermediate syllabus - undefined
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