Vijaykumar Sundarrao
Finance And Accounts
Chennai
Summary
- A diligent, result-oriented & an accomplished professional, offering 10 years of rich experience and over all 15 years Experience in IFRS / Finance & Accounts Planning / Budgeting & Forecasting / General Ledger Targeting Manager / Senior Manager Level assignments preferably in MNC/ Manufacturing/IT/ITES/Other Service related Industry India (Chennai) Currently Working – SANMINA-SCI TECHNOLOGY INDIA PVT LTD (SEZ EMS & IT,ITES) as Assistant Manager
- Expert in managing all facets of Corporate accounting including budgeting, forecasting, financial analysis, variance reporting, Inventory valuations, Experienced in supporting the Business Unit's Strategist in analyzing daily audit trails and month end valuation reports needed to reconcile to general ledger Proficient in Management Reporting- Consolidation PowerPoint for all Process- AR, AP, GL, Taxation, Supply Chain Management (SCM) Skillful in steering offshore knowledge transfer & financial control reporting for America & Mexico Achievement oriented professional with excellent people management skills and skill to manage change with ease
- PROMINENTSUCCESSES ACROSS TH ECAREER Migrated Financials from Tally ERP to Oracle 11 i Adapted IFRS Revenue Contract, IFRS 16 LEASE, IFRS 9 Followed the cost tracking methodology for budgeting labor, material costs and overheads Reviewed project costs incurred by category, calculated future costs based on labor productivity, material price increases, subcontract, wage rates and risk analysis actual costs through standard cost sheets and preparing variance reports Forecasted, controlled, and reported on project costs needed within the organization Hardworking and passionate job seeker with strong organizational skills eager to secure Mid level [Manager] position. Ready to help team achieve company goals.
Overview
21
21
years of professional experience
1
1
year of post-secondary education
1
1
Language
Work History
Assistant Manager
Sanmina Tech Services and India Pvt Ltd , Sanmina-SCI India Pvt Ltd
Chennai
07.2009 - Current
- Team Size: 8
- Special Project: Accounts Payable and Inventory & Fixed Asset
- Key Result Areas:
- Preparing Statement of Financials and Reporting - Process- AR, AP, GL, Taxation, Supply Chain Management (SCM)
- Steering offshore knowledge transfer & financial control reporting for both USA and Mexico o Consolidated of Financials Statement of Sanmina India & Sanmina Technology for the year o Presentation to Management Team of NEW Accounting Standard implementation and impact of Financials
- Quarter End Balance sheet Items Reconciliation and reporting to Corporate
- Conducting scoping for cost optimization opportunities; performing cost accumulation tasks to collect and maintain database of expenses incurred of operations as member of Target Costing Group
- Assigning sole responsibility for all month-end closing activities & financial reporting inclusive of extensive manufacturing and operating variance analysis followed with detailed explanations and recommendations for corrective action
- Monitored cash intake and deposit records, increasing accuracy, and reducing discrepancies.
- Completed regular inventory counts to verify stock levels, address discrepancies, and forecast future needs.
- Reviewed sales and gross profit report to assess company efficiency.
Accounts Payable Supervisor
Sanmina- SCI India Pvt Ltd
Chennai
06.2013 - 03.2016
- And TDS compliance & so on
- Prepared and coordinated internal and statutory tax audits
- Maintained books of accounts in Tally 9.1 and performed monthly and annual closing, finalization & MIS reports
- Prepared journal entries, completed general ledger operations, reconciled and maintained balance sheets
- Computed tax, IT returns and ensured adherence to all statutory compliances
- Assisted with implementation and compliance to internal financial controls and procedures
- Maintained books of Accounts in Tally 9.1 and managed disbursement of petty cash for entire plant
- Confirmed and updated balance at end of year for audit purpose
- Reported to Finance Manager and provided reasons for outstanding payments with ageing above 90 days
- Processed all vendor invoices promptly in accordance with company policy.
- Oversaw monthly accounting close process for timely and accurate reporting of financial information.
- Recruited, interviewed and hired new accounts payable employees.
- Trained and supported new hires to educate on process flow and interdepartmental procedures.
- Interacted with corporate vendors, upper management and peers.
- Maintained internal controls over disbursement functions in accordance with strict Sarbanes-Oxley guidelines.
- Researched all invoices that were past due.
- Tracked expenditures and prepared reports for records and management review.
- Verified validity of charges listed on payment orders for yearly audits.
Assistant Manager
Sanmina-SCI Technology India Pvt Ltd
Chennai
07.2009 - 05.2013
- Oracle Financial Version 11i and Tally 9.1
- Applications: MS Office Tools 2003, 2007, 2010
- Completed regular inventory counts to verify stock levels, address discrepancies, and forecast future needs.
- Developed loyal and highly satisfied customer base through proactive management of team customer service strategies.
- Reviewed sales and gross profit report to assess company efficiency.
Account Assistant
Polaris Software Lab
Chennai
01.2007 - 01.2008
- Finance Director, of the Department
- Team Size: 8
- Key Result Areas:
- Worked closely with management for preparation of various daily, monthly, quarterly & various reports
- Prepared Consolidated Reports for Flash, Actuals, Headcount report, Line wise expense, Accruals, Provision, Client
- Profitability, Related party disclosure
- Monitored bank accounts, participating in investment & disinvestment decisions as per cash requirements
- Managed preparation of the bank reconciliation statements & cash reports
- Directed intercompany Reconciliation by interacting with Sister Units
- Liaised with banks on oversees transfers
- Spearheaded Outward Remittance Department of the company
- Reported about the sweeps on a monthly basis and uploaded the SOX Reports in Finance Hub
- Reconciled the worldwide inter company outstanding
- Validated and recorded invoices and resolved discrepancies with vendors.
- Prepared and mailed account statements to vendors and kept meticulous correspondence documentation.
- Managed invoices, payments and deposits, maintaining accurate expenditure records.
- Presented monthly, quarterly and annual statements to support financial planning.
- Generated financial reports and summaries for management review.
Accountant
Lovato Auto Gas
Chennai
02.2004 - 12.2007
- AsAccountant
- Reported to Finance, of the Branch
- Key Result Areas:
- Flash working file which includes top sheet, revenue sheet, Provision and salary provision for the month
- Flash- macros template which we are reporting on a monthly basis
- Quarterly working sheet after 3 months actuals
- Traditional vs Non- Traditional for Bud16 & Act15
- NWC working formats for presentation which includes details of Debtors, Accrued Revenue & WIP
- Bill reconciliation which have the movement reconciliation of AR to Debtors
- Accrued revenue template
- Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
- Reconciled accounts and reviewed expense data, net worth, and assets.
- Handled day-to-day accounting processes to drive financial accuracy.
Audit cum Accounts Executive
PREVIOUSORGANISATIONALEXPERIENCE, Ramesh & Ramachandran Chartered Accountants
Chennai
08.2002 - 01.2004
Education
B.Com -
Higher Diploma in Sofware Engineer - Computer Applications
HSC - undefined
Diploma - International Financial Reporting Standards ( IFRS
06.2017 - 12.2017
(DIPIFRS ) ACCA - Financial Reporting Standard
01.2017 - 12.2017
Skills
KEYSKILLSFinance & Accounts Planning / AnalysisBudgeting & ForecastingGeneral Ledger / Journal EntriesAccounts Receivable & PayableInventory ValuationAuditing & CompliancePurchase Order, Invoicing & BillingFinancial MIS ReportingVariance AnalysisTeam Training & ManagementClient Relationship ManagementIFRS-15 & 16,9Mailing AddressNo69/29, Devaraj Mudali Street, Royapettah, Chennai 600014
Financial Management
Timeline
ACCS DIPIFRS - Diploma, International Financial Reporting Standards ( IFRS
06.2017 - 12.2017
Association of Chartered Certified Accountants - (DIPIFRS ) ACCA, Financial Reporting Standard
01.2017 - 12.2017
Accounts Payable Supervisor - Sanmina- SCI India Pvt Ltd
06.2013 - 03.2016
Assistant Manager - Sanmina Tech Services and India Pvt Ltd , Sanmina-SCI India Pvt Ltd
07.2009 - Current
Assistant Manager - Sanmina-SCI Technology India Pvt Ltd
07.2009 - 05.2013
Account Assistant - Polaris Software Lab
01.2007 - 01.2008
Accountant - Lovato Auto Gas
02.2004 - 12.2007
Audit cum Accounts Executive - PREVIOUSORGANISATIONALEXPERIENCE, Ramesh & Ramachandran Chartered Accountants
08.2002 - 01.2004
Dhanraj Baid Jain Colledge, Madras University - B.Com,
Aptech Computer Education - Higher Diploma in Sofware Engineer, Computer Applications
Sri Ramakrishna Mission Higher Secondary School - HSC,