RAGHAVENDRA BN
Finance & Accounting Professional
Bengaluru,KA
Summary
Seasoned Finance & Accounting professional with 12+ years of experience in Record to Report (R2R), financial close, reporting, and global process transitions. Proven ability to manage and mentor high-performing teams, lead end-to-end reporting for complex entities, and deliver compliance-driven, audit-ready results. Currently leading RTR operations at Diageo Business Services Pvt. Ltd., with successful overseas transitions in Budapest and the Philippines.
Overview
12
12
years of professional experience
Work History
Assistant Manager – Record to Report
Diageo Business Services Pvt. Ltd.
01.2021 - Current
- Leading a team of 12+ members and managing end-to-end Record-to-Report (R2R) processes, ensuring accurate and timely financial reporting.
- Leading key controls and compliance initiatives for account reconciliations, strengthening reporting accuracy and regulatory adherence.
- Analyze trial balances to identify variances and trends, presenting key insights to stakeholders to support accurate financial reporting.
- Conduct reconciliation of actuals vs. accruals and deliver in-depth variance analysis, highlighting key cost drivers and supporting accurate financial reporting.
- Ensure accurate and timely month-end General Ledger (GL) closures and management reporting, supporting financial transparency and compliance.
- Perform comprehensive balance sheet reviews to identify inconsistencies, enforce compliance, and uphold data accuracy across reporting cycles.
- Conduct Profit & Loss (P&L) reviews and analysis to ensure compliance, accuracy, and alignment with financial reporting standards.
- Manage daily operational accounting activities and address stakeholder queries, ensuring smooth financial operations and prompt issue resolution.
- Identify opportunities for process improvement, recommend solutions, and implement initiatives to enhance efficiency and accuracy.
- Assist the Finance Director in preparing financial statements for statutory reporting, ensuring audit readiness and compliance with regulatory standards.
Senior Specialist – Record to Report
Diageo Business Services Pvt. Ltd.
03.2020 - 01.2021
- Successfully transitioned complex reporting processes from Budapest, ensuring seamless knowledge transfer and stabilization across multiple entities.
- Managed end-to-end finance and reporting activities for complex entities, ensuring accuracy, compliance, and timely delivery.
- Started managing the approver role for critical journal entries such as accruals, loans, amortization, and dividends, enhancing control and oversight in financial reporting.
- Conducted training sessions for new joiners and peers, fostering knowledge sharing and accelerating team onboarding and development.
- Established robust reporting control measures and implemented reconciliation monitoring to enhance accuracy and compliance in financial reporting.
Specialist – Record to Report
Diageo Business Services Pvt. Ltd.
08.2018 - 02.2020
- Led the transition of reporting processes from the Philippines for both large and small entities, ensuring smooth knowledge transfer and process stabilization.
- Handled journal entry preparation and launched financial reporting for complex entities, maintaining accuracy and adherence to regulatory requirements.
- Prepared calculations for complex journal entries including amortization, accruals, and loan accounting.
- Initiated and managed reporting activities for large and high-complexity entities, ensuring accuracy and timely delivery.
- Prepared and reviewed balance sheet reconciliations to ensure completeness, accuracy, and compliance with accounting standards.
- Mentored peers on reconciliation processes, promoting standardization, accuracy, and continuous improvement.
Analyst – Record to Report
Diageo Business Services Pvt. Ltd.
01.2017 - 07.2018
- Posted journal entries in SAP and Oswald for accruals, prepayments, and amortizations, ensuring accuracy and compliance with accounting standards.
- Performed reporting activities for smaller entities and published finalized reports within defined timelines.
- Prepared end-to-end balance sheet reconciliations, ensuring completeness and accuracy of financial data.
- Validated GL balances against third-party documentation or internal records, ensuring integrity of financial statements.
- Investigated and explained variances, documenting reconciling items clearly and accurately.
- Maintained standardized formatting and consistency across GL balances and supporting documentation for audit readiness.
Associate – Record to Report
EXL India PVT. Ltd
12.2013 - 12.2016
- Handled sub-ledger (SL), general ledger (GL), and bank reconciliations, ensuring accuracy and timely resolution of discrepancies.
- Posted recurring journal entries, including accruals, prepayments, and revaluations, in compliance with accounting policies.
- Prepared financial reports and responded to stakeholder queries, delivering accurate information and maintaining strong communication.
Education
MBA - Finance
SJB Institute of Technology
Bengaluru, India 04.2001 -
BBA - Finance
City College
Bengaluru, India 04.2001 -
Skills
Financial Reporting
Accomplishments
Standardization of Reconciliation Template, Successfully implemented a standardized reconciliation template across the reporting team., Resulted in a 2 FTE workload reduction and annual cost savings of $10,000., Improved efficiency, consistency, and accuracy in financial reporting processes.
Awards
- Platinum Label Award, Project Transition Success, 2020
- Kaliber Award, Performance Excellence & Leadership, 2018
- CPO Award, Cobalt Transition Project, 2017
Overseas Experience
- Budapest, Led transition of complex financial reporting and journal activities.
- Philippines, Managed end-to-end financial reporting and reconciliation transition.
Timeline
Assistant Manager – Record to Report
Diageo Business Services Pvt. Ltd.
01.2021 - Current
Senior Specialist – Record to Report
Diageo Business Services Pvt. Ltd.
03.2020 - 01.2021
Specialist – Record to Report
Diageo Business Services Pvt. Ltd.
08.2018 - 02.2020
Analyst – Record to Report
Diageo Business Services Pvt. Ltd.
01.2017 - 07.2018
Associate – Record to Report
EXL India PVT. Ltd
12.2013 - 12.2016
MBA - Finance
SJB Institute of Technology
04.2001 -
BBA - Finance
City College
04.2001 -
Similar Profiles
Suhasini T Suhasini T null
Senior Analyst at Diageo Business Services Pvt LtdSenior Analyst at Diageo Business Services Pvt Ltd
Roger DossRoger Doss
Senior Manager - Global Controls Monitoring & People Engagement at Diageo Business Services Pvt. Ltd.Senior Manager - Global Controls Monitoring & People Engagement at Diageo Business Services Pvt. Ltd.
Lakshmi KrishnmoorthyLakshmi Krishnmoorthy
Financial Controller at Diageo Business Services Pvt LtdFinancial Controller at Diageo Business Services Pvt Ltd
Vignesh KumarVignesh Kumar
Desktop Support Engineer at Dell-Unique SystemDesktop Support Engineer at Dell-Unique System
Boomiga ABoomiga A
Customer Support and Operations Analyst at NatWest GroupCustomer Support and Operations Analyst at NatWest Group