NILKANTHA KARMAKAR
Senior Manager (Finance -R2R)
Hyderabad
Summary
Experienced Senior Manager with 16+ years in Record to Report, skilled in team leadership, process enhancement, financial reporting, and controls. Seeking to leverage expertise to contribute to dynamic organizations
Overview
18
18
years of professional experience
Work History
Senior Manager
GENPACT
Hyderabad
05.2022 - Current
- Handling team of 22 members including 4 Managers based in Chennai and Hyderabad, cross-trained, set goals, calculated pay, reviewed journals and reconciliations.
- Assessment of journals prepared by Team members and Client.
- Review of reconciliations on BLACKLINE.
- Reviewing SLA calculated by Managers.
- Coordinated with AR and AP for timely closure.
- Presented status during month-end calls.
- Analysis team activities and implemented performance metrics to track productivity; identified top performers and provided targeted coaching resulting in 15% increase in overall team efficiency.
- Analyzing auditor requests and identified process inefficiencies; optimized workflows and reduced turnaround time by 40% resulting in improved compliance ratings and enhanced client satisfaction.
- Analyzed Out of Balance intercompany variances and posted PSJ (Post GL close journals) into HFM to clear.
Team Manager
COGNIZANT
Hyderabad
05.2021 - 05.2022
- Led team of 14 including 5 Team Leads in Pune and Hyderabad, managed cross-training, pay calculation, and goal setting.
- Supervised month end tasks including accruals and reconciliation.
- Reviewed team journals before posting in SAP.
- Finalized P&L account movement comments.
- Due to high attrition , to support team, I was individually managing end to end of 7 entities , including journal posting in SAP.
- Reviewed Balance Sheet reconciliations prepared by team on BLACKLINE.
- Led employee relations through effective communication, coaching, training, and development.
- Recruited, interviewed and hired employees and implemented mentoring program to promote positive feedback and engagement.
Assistant Manager/Deputy Manager
IBM India
Gurgaon
01.2014 - 04.2020
- In 2017, had done remote transition for Global Cosmetic Company. 32 team members, including 7 team members in IBM’s Cost Rica office.
- In 2014, had done onsite transition R2R operations of US based manufacturer of Cement, Ready-mix, Asphalt for ARIZONA and Las Vegas region. 14 members team including 5 Business Analysts.
- Handled 32-member team across locations.
- Transitioned marketing reports, supervised wave transitions.
- Calculated SLA, supervised month-close, handled transfer of R2R activities.
- Transitioned Quarterly Marketing reports for Global Product Marketing.
- Prepared consolidated SLA PPT for multiple teams and locations
- Supervising consolidation of Trial Balance on COGNOS. Checking for any variance before final upload.
- Validated Internal Controls documents, reconciliations on BLACKLINE.
- Uploading Trial Balance and Supplemental for active and dormant companies on HFM.
Assistant Manager
IBM Daksh
Gurgaon
02.2012 - 12.2013
- In 2012, did onsite transition and managed R2R operations of Australia based Global Water Pipe and valves manufacturing company.
- Supervised 12-member team for Australia-based manufacturer.
- Conducted month-close activities, consolidation, and journal review for Head Office based in Sydney.
- Reviewing of Reconciliations on BLACKLINE
Process Associate/Senior Process Associate/ Process, Developer/Domain Expert
Genpact Limited
GURGAON
03.2006 - 01.2012
- In 2009, was part of onsite transition of Pilot Batch for US based Bank.
- From 2006 to 2010, had worked in US R2R team for Switzerland based Reinsurance Company.
- Conducted month-close activities, variance analysis, reconciliations.
- Cleared acquired Bank Accounts' outages, reconciled items.
- Prepared FAS 115 schedule for US Regulatory reporting.
- Met month-end reporting objectives and deadlines
- Performed reconciliations to drive accuracy and validity of financial information
Education
Bachelor of Commerce
Delhi University
New Delhi 04.2001 -
High School Diploma -
Delhi Public School
New DelhiGNIIT – NIIT. - Computer Science And Programming
NIIT
Introduction To Property-Liability Insurance, P&C - Introduction To Property-Liability Insurance
American Institute For Chartered Property Casualty
New DelhiSkills
Demonstrates extensive knowledge and experience in roles leading finance process improvement in Month End Consolidation Process, Close and Consolidation Controls Procedures, Statutory Reporting
Demonstrate extensive abilities and a proven track record as a team leader: supervising teams to create an atmosphere of trust; seeking diverse views to encourage improvement and innovation; and coaching staff including providing timely meaningful written and verbal feedback
Demonstrates extensive abilities and a proven record of success, managing efforts with identifying and addressing client needs: building, maintaining, and utilizing networks of client relationships and community involvement; communicating value propositions; managing resource requirements
Demonstrate extensive knowledge and success in identifying and addressing client needs: building solid relationships with clients; communicating with the client in an organized and knowledgeable manner; delivering clear requests for information; demonstrating flexibility in prioritizing and completing tasks; and communicating potential conflicts to the R2R Tower l
To undertake such other additional duties as required and leadership qualities
Accomplishments
• Successfully transitioned Quarterly Marketing reports (IBM India)
• Led JETEx and JIRA Tools implementation project (IBM Daksh)
• Managed "Golden DTP" project for standardizing DTPs (IBM India)
• Led standardization of month-end reports using automation tools (IBM India)
Timeline
Senior Manager
GENPACT
05.2022 - Current
Team Manager
COGNIZANT
05.2021 - 05.2022
Assistant Manager/Deputy Manager
IBM India
01.2014 - 04.2020
Assistant Manager
IBM Daksh
02.2012 - 12.2013
Process Associate/Senior Process Associate/ Process, Developer/Domain Expert
Genpact Limited
03.2006 - 01.2012
Bachelor of Commerce
Delhi University
04.2001 -
High School Diploma -
Delhi Public School
GNIIT – NIIT. - Computer Science And Programming
NIIT
Introduction To Property-Liability Insurance, P&C - Introduction To Property-Liability Insurance
American Institute For Chartered Property Casualty