Rakesh R
Accounting Specialist
Summary
Currently looking for a full time position in an environment that offers greater challenge, increased benefits and opportunity to help the company. Aggressive and determined to find the strengths and weaknesses of the organization to improve the productivity and profitability of a company. Experience 10+ years.
Overview
15
15
years of professional experience
4
4
Languages
Work History
Accounting Specialist
IKEA India Private Limited
Bengaluru
01.2020 - Current
- Applied mathematical abilities to calculate and check figures in accounting systems.
- Investigated daily variances and corrected errors to resolve discrepancies.
- Enable proper capitalization of stores and support other Expansion activities.
- Ensure timely and accurate preparation, posting and reconciliation of Journal entries, accruals, and function adjustments, as necessary.
- Responsible for maintenance of very well organized documenting and archiving of transactions.
- Actively contribute to various monthly PL reporting for management and dynamically adopt to changing requirements.
- Actively contribute to accounting and reporting cycles (Support internal and external audit, preparation of monthly audit schedules, periodic reports, and consolidation packages to Global reporting.
- Reported financial data and updated financial records in ledgers and journals.
- Actively contribute as admin user for Financial software.
- Completed financial reports, providing insight into performance, operations, and cash flow.
- Coordinated with external auditors to resolve discrepancies.
- Checked general ledger entries to increase accuracy, prevent significant errors and identify adjustments.
Deputy Officer
Bharat Heavy Electricals Limited
Bengaluru
07.2009 - 01.2020
- Preparation of all financial reports, including Profit and Loss Statement, Balance Sheet and Statement of Cash Flows, as well as year-end financial reports
- Oversee General Accounting processes of Inter-company, Fixed assets and Accounting and financial reporting
- Responsible for monthly close as well as maintenance of all accounting ledgers including monthly review of all account reconciliations and journal entries
- Provide timely explanations of variances between actual results and forecasts/budgets; provide corrective action recommendations to management, where necessary
- Work with internal and external auditors during reviews and audits to ensure full cooperation from accounting staff and compliance with all qualified requests
- Prepare annual budget for unit.
- Inter unit accounts preparation and reconciliation
- Dealt with insurance related activities like project insurance, claims, settlements etc.
- Involved in various audit activities like Limited Review, Tax Audit, Statutory Audit, Cost Audit etc.,
- Preparation of MIRs and other reports as required by management
- Various system generated reports were prepared for live reports
Education
SSLC -
St.James Matriculation Hr.Sec. School
Trichy, Tamil Nadu 06.2002 - 05.2003
HSC -
Bishop Heber Hr.Sec.School
Trichy, Tamil Nadu 06.2004 - 05.2005
Bachelor of Arts - Commerce
St.Josephs' College
Trichy 06.2005 - 05.2008
CMA - Cost & Management Accounting
The Institute of Cost Accountants of India
Kolkata 06.2005 - 08.2009
CS Executive - Company Secretary
The Institute of Company Secretaries of India
Bengaluru 11.2009 - 08.2012
Skills
Account Reconciliation
Reporting analysis
GL and journal entries
Statement preparation
Affiliations
- Microsoft office SAP (FICO Module)
- Associate Member of Institute of Cost and Management Accountant
Awards & Honors
- Implemented the changes in Asset accounting in
SAP as per the recent changes in Companies
Act, 2013. (Asset Accounting – AA module) - Monitored and reviewed many budget proposals
and helped the management in cost reduction - Coordinated with statutory auditors for successful
completion of Accounts closing activities for the
past 7 years. - Successful completion of C&AG Audit for the
past five years with Nil Comments. - Helped in preparation of SAP improvements and
projects. - Received IMPRESS award for cost cutting
measures.
Career Highlights
- A result oriented, analytical, and self-driven
professional seasoned with 10+ years of working in
Finance background. (SAP- FI Module). - Appreciated and awarded for efficient and timely
deliverables. - Managing with multiple assignments in high
pressure work environments with small and large
organization and well suited to understand
company's requirement and at the same time
maintaining excellent teamwork.
Timeline
Accounting Specialist
IKEA India Private Limited
01.2020 - Current
CS Executive - Company Secretary
The Institute of Company Secretaries of India
11.2009 - 08.2012
Deputy Officer
Bharat Heavy Electricals Limited
07.2009 - 01.2020
Bachelor of Arts - Commerce
St.Josephs' College
06.2005 - 05.2008
CMA - Cost & Management Accounting
The Institute of Cost Accountants of India
06.2005 - 08.2009
HSC -
Bishop Heber Hr.Sec.School
06.2004 - 05.2005
SSLC -
St.James Matriculation Hr.Sec. School
06.2002 - 05.2003