Raghavendra Acharya
Bangalore
Summary
Experienced and driven chartered accountant with over 13 years of expertise in overseeing finance teams, executing procedures and controls, finalizing accounts, managing working capital, and conducting budgeting and analysis. Adept at efficiently managing financial operations to ensure optimal performance and profitability. Proven track record of implementing strategic initiatives to streamline processes and enhance overall efficiency. Committed to delivering accurate financial insights and recommendations to support informed decision-making.
Overview
18
18
years of professional experience
Work History
Finance Controller
Avery Dennison
09.2022 - Current
- Company Overview: US based Fortune 500 MNC
- Own the Controllership, Accounting & Financial reporting functions
- Oversee the accounting operations including Accounts Payable (AP), General Ledger (GL)
- Monthly closure of books of accounts as per corporate timelines.
- Pre-closure analysis (pulse & flash) calls with the corporate team on a bi-weekly basis to highlight variances and take corrective actions.
- Manage deliverables with statutory and tax auditors, coordinate and support all internal and external audits.
- Participate in Annual budgeting & AOP process , review of actual results and comparison with AOP / Qtrly Fcst with a view to identify, explain and take correct variances.
- Drive timely and accurate financial reporting, including monthly, quarterly, and annual reports and schedules / BSRs
- Study & review all group mandated SOPs & financial handbook policies and ensure compliance wherever applicable.
- Ensure strong controls are in place and drive remedial actions wherever risks are identified.
Sr Manager – Finance (Reporting to: Group CFO)
Manipal Technologies Limited
03.2016 - 09.2022
- Head of Shared Services team handling finance operations of multiple group entities. (Team size - 29)
- Responsible for Standalone and Consolidated Financial statements under IND-AS.
- Annual closure and audit of financials, coordination with Auditors and Audit Committee.
- Preparation of Management reports, cost-benefit analysis for various projects, consolidated & segmental cash flows etc.
- Work with the Finance Business Partners and Taxation team to resolve / clarify accounting issues and to maintain data hygiene.
- Identifying potentials for process change, standardisation, formulation of SOPs and ensuring adherence to the same.
- Identify potentials for deployment of customised programs and automation in SAP.
- Achievements / Key contributions:
- Restructuring the accounting operations of the group into a shared services model.
- Reduced monthly closing cycle from 8 to 4 working days.
- Part of the core team responsible for SAP implementation. Managed data migration from multiple Legacy systems to SAP successfully.
Manager – Finance
Ambuja Cements
11.2015 - 02.2016
- Appointed as Unit Finance controller for Mangalore plant.
- Responsible for submission of monthly reports, preparation of audit schedules etc.
- Indirect Tax Compliance– records, returns & audit
- Ensure quality control over financial transactions and financial reporting
Deputy Manager – Finance
Metropolitan Media company Limited
07.2012 - 11.2015
- Company Overview: Vijaya Karnataka – A unit of TOI group
- Preparation of periodic Financial statements for senior management & Board as well as Statutory Annual Accounts.
- Annual budgeting, monthly re-forecasting & MIS and ad-hoc reporting.
- Engaging with the auditors, Statutory, Tax & Internal, as in-charge of client response.
- Submission of monthly Financial statements and management reports
- Handled the accounting aspect of Merger of 2 group companies
Assistant Manager
Varma & Varma, Chartered Accountants
02.2011 - 06.2012
Article Assistant
Pai Nayak and Associates Udupi
08.2007 - 08.2010
Education
Chartered Accountant -
ICAI
05-2011
B. Com. - Finance & Accounts
Mangalore University
MGM Degree College01.2007
Company Secretary (CS)-Inter -
ICSI
Skills
- Financial reporting
- Internal controls
- ERP implementation
- Cash flow management
- Budgeting & Forecasting
- Process Improvement
Languages
English
Hindi
Kannada
Tulu
Konkani
Timeline
Finance Controller
Avery Dennison
09.2022 - Current
Sr Manager – Finance (Reporting to: Group CFO)
Manipal Technologies Limited
03.2016 - 09.2022
Manager – Finance
Ambuja Cements
11.2015 - 02.2016
Deputy Manager – Finance
Metropolitan Media company Limited
07.2012 - 11.2015
Assistant Manager
Varma & Varma, Chartered Accountants
02.2011 - 06.2012
Article Assistant
Pai Nayak and Associates Udupi
08.2007 - 08.2010
Chartered Accountant -
ICAI
B. Com. - Finance & Accounts
Mangalore University
Company Secretary (CS)-Inter -
ICSI
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