Venkatesh Rajkumar
15 Years Of Experience In Finance & Accounts (GL, Billing, OTC)
Chennai
Summary
Searching for a challenging and responsible role in management profession to make well use of my skills, proficiency, and knowledge in a profit oriented and professional work environment. A job that gives me an extensive experience while performing management tasks. Proactive manager with demonstrated leadership abilities, strategic planning expertise and problem-solving acumen. Assists senior managers with accomplishing demanding targets by encouraging staff and coordinating resources. Methodical and well-organized in optimizing coverage to meet operational demands.
Overview
15
15
years of professional experience
4
4
Languages
Work History
Deputy Manager - General Ledger & Reconciliations
STATESTREET HCL
Chennai, Tamil Nadu
03.2021 - Current
- Managing General Ledger process for Lease Accounting for regions APAC, EMEA and US
- Managing a team of 15 members for Lease Accounting activities
- Review of Journal entries and postings in Oracle & Cloud - Regular and Adhoc entries
- Daily monitoring of Lease activities and confirming all Lease schedules are prepared and maintained as per the US GAAP and Local GAAP
- Monthly Review Call with stake holders/Clients on Accrual summary review and to confirm that all the accruals are released as per the requirements
- Review of Balance Sheet reconciliations (1400 recons) in ARCS tool and to make sure that all the open items are actioned, and reporting done to the stake holders
- Monthly reporting of SLA and error remediations done and to make sure all the errors are addressed, and no repeated errors are made
- Management review calls on process adherence and process improvements
- Preparation of Management deck for SLA and Preparation and submission of the monthly client dashboard and reports and having a discussion with the client on finalization of the books of accounts
- Handling escalations for regions EMEA, APAC and US
- Audit compliance and coordination with Audit team to make sure all the audit procedures are adhered correctly as per the procedures
- Coordinating with Bangalore counterparts on the Variance Analysis.
Team Manager - General Ledger and Fixed Assets
TELEPERFORMANCE (D.I.B.S)
Vista
03.2018 - 05.2020
- Handling a Team of 10 members for General Ledger and Fixed Assets activities for the location Vista, US and Mexico
- Daily monitoring of the Fixed Assets Activities and Project Approvals as per the budget for CAPEX and creating the CEA for each projects
- Co-ordination with the onshore team on the budget and the actual expenses spend on each Capex item (CEA) to ensure that the spends does not go beyond the specified limit
- Review and posting of all the Journal Entries during the month close in Oracle
- Monthly review call with the client on the status of the CAPEX expenditure and dashboard presentation on the position of the fixed asset capitalization from the CIP Account
- Monitoring the Intercompany activities
- Intercompany locations - Aus., Mexico, NZ, China, India, Canada, UK, US, Poland, Switzerland, and Germany
- Monthly review of the reconciliation and approving those in Blackline as per the Closing calendar and Client SLA
- Review of the TAX payments, Royalty Payments and making sure that the calculations are correct accordingly
- Monthly review call on the Month end activities and presentation of the dashboard to the client on the progress of the activities and quality of work
- Review of the Bank reconciliations and making sure that all the entries relating to the bank are posted correctly and reporting the same to the client on a weekly basis as we maintain a cash log for the same
- Monitoring the Cash log and making sure that all the entries relation to the bank are captured
- Coordinating with the Auditors for smooth completion of the Audit
- Preparation and submission of the monthly client dashboard and reports and having a discussion with the client on finalization of the books of accounts
- Co-ordination with the CPA in US to get the tax filings done on time and closing of the books
- Co-coordinating with the AP team to make sure all the entries for the month are closed and any accruals need to be posted for the month are posted correctly in order to close the books of accounts
- Currently working with the team for Process transformation for GL process which includes cleaning the open items for reconciliations.
Freelancer accountant
FINANCIAL CONSULTANT
09.2015 - 02.2018
- Handling accounting functions such as day to day accounting of entries in Tally, QuickBooks
- Service tax, Sales tax and income tax, PF and ESI accounting
- Providing services for income tax return, sales tax and service tax filing
- Bank reconciliation, Debtors and creditors account monitoring, Coordinating with Auditors and finalization of books of accounts.
Assistant Manager
TATA CONSULTANCY SERVICES
Chennai
05.2008 - 08.2015
- Handling a Team of 24Members which includes 3 Team Leaders
- Successful transition of process from Poland to Chennai in a short span of time for which client appreciation received for quick turnaround of the process
- Lead the transition team during the KT Transfer from Poland to Chennai
- Coordinating with onshore SME's for Automation of the process
- Ensuring daily TAT and accuracy met as per the SLA agreed with the client
- Preparation of Management Deck on a Weekly and Monthly basis and reporting the same to the Senior Management at Client level
- Monitoring of daily activities of Fixed Assets Transactions - Additions, Capitalizations, Transfers, Retirements, Adjustments and Advance Payment forms
- Monitoring, review and approval of 800+ reconciliations between Fixed Assets Sub -ledger with the General ledger
- Handling escalation from different sites as well as from onshore team
- Review of Journals uploaded in Oracle and approving or posting those Journals during month close like Accrual Entries, Prepaid expenses, Amortization, Depreciation, Any other month end entries which client provide from time to time
- Coordinating with onshore team during month close to ensure that all the activities are performed accurately
- Compliance to SOX and internal audit during each quarter
- Regular meetings with team members on the improvement area's and providing suggestions for their improvement
- Reporting monthly volume details for Fixed Assets, SLA Measures to client, and MIS to the Management
- Sending internal documents like SOP, UPP, and IQMS Documents for approvals
- Regular meeting with the team leaders and team members on the improvement areas and to trigger the team to the right direction.
Senior Process Associate
HP INVENT GLOBAL E-BUSINESS PVT. LTD
Chennai
07.2023 - 05.2023
- Daily Bank Reconciliation for 16 Banks for various locations
- Preparing the open item statements and sending out to the client on a daily basis for clearing the open items
- Posting of all the entries in Bank as per the instruction provided by the client
- Preparation of month end GL entries like accruals, depreciation, amortization, prepaid and any adjustment entries provided by the client
- Preparation of schedule for prepaid expenses, Amortization and depreciation and getting approval from client before posting the entries during the month close
- Posting of Accruals for AP, Utility, Management Fees and any other expenses which client provide from time to time.
Process Associate
GENPACT INDIA PVT. LTD
Hyderabad
11.2005 - 06.2007
- Processing of daily entries for banks open items
- Processing of Journal entries like accruals, prepaid expenses, amortization, depreciation
- Preparation of prepaid expenses schedule in excel and sending it to client for approval
- Daily bank reconciliation for 5 banks and providing details of open items
- Helping the Vendor reconciliation team to match the revenue as per the schedule.
Accountant
SEVEN OCEAN MARITIME AGENCIES
Kochi
08.2003 - 08.2005
- Maintaining of day to day account operations of the company in Tally accounting software
- Bank reconciliation on a weekly basis for different banks for smoothing fund flow in the company
- Income Tax and Sales Tax reports for shipping business and filing of the documents in the Customs office for shipment
- Handling Cash and maintenance of petty cash book for daily expenses
- Monitoring the Creditors and Debtors accounts and making the collection process steady and fast so as to meet the company cash requirement and helping for cash management.
Audit Assistant
G.S.PRABHU & CO
Kochi
12.2001 - 07.2003
- Income Tax Audit for Companies, Sole Traders and Partnership including maintaining accounts in Tally, EX NGN accounting software
- Finalization of Accounts for Sole Traders, Partnership Firms, Companies and filing of return in Sales Tax office
- Internal Audit for Manufacturing firm (Coir Production).
Education
Executive MBA - Operations Management
NIBM
B. Com - undefined
M. G. University
Pre-Degree - undefined
M.G. University
S.S.L.C - undefined
Kerala State Syllabus
Skills
People Management
undefinedAccomplishments
- Successful Transition of General Ledger Process from Poland to Chennai for a UK Client. (Onshore Transition)
- Successful transition of Fixed Assets and Reconciliation process for US Client from Pune to Chennai. (Offshore Transition)
- Lead the transition team in Poland for Knowledge Transfer for the General Ledger process.
- Received Client Award for successful transition of the General Ledger process and go live status within 3 months of transition.
- Implementation of Reconciliation Tool for automation in Reconciliation process for Fixed Assets. This tool is highly appreciated by Client as well as from TCS Management. This tool has been taken as model by the COE team to develop similar tools for other GL projects.
Interests
Classes on Personality development, cultural activities, Environmentalist, Cricket, Music
Skill Sets
- Working knowledge in MS Office (Word, Excel and PowerPoint).
- Working knowledge in accounting software - SAP, Oracle 11i&12, Navision - Billing, Tally, M3 Accounting Software, Quick books.
- Good Communication Skills - Languages known English, Hindi, Malayalam, Tamil and Konkani.
- Good Motivator, Team Player, Flexible, Trustworthy and Adaptable.
Personal Information
- Age: 43 yrs
- Passport Number: Z4560642
- Father's Name: K. Rajkumar Prabhu
- Date of Birth: 04/18/80
- Marital Status: Married
Timeline
Senior Process Associate
HP INVENT GLOBAL E-BUSINESS PVT. LTD
07.2023 - 05.2023
Deputy Manager - General Ledger & Reconciliations
STATESTREET HCL
03.2021 - Current
Team Manager - General Ledger and Fixed Assets
TELEPERFORMANCE (D.I.B.S)
03.2018 - 05.2020
Freelancer accountant
FINANCIAL CONSULTANT
09.2015 - 02.2018
Assistant Manager
TATA CONSULTANCY SERVICES
05.2008 - 08.2015
Process Associate
GENPACT INDIA PVT. LTD
11.2005 - 06.2007
Accountant
SEVEN OCEAN MARITIME AGENCIES
08.2003 - 08.2005
Audit Assistant
G.S.PRABHU & CO
12.2001 - 07.2003
Executive MBA - Operations Management
NIBM
B. Com - undefined
M. G. University
Pre-Degree - undefined
M.G. University
S.S.L.C - undefined
Kerala State Syllabus