Santosh Kumar Choudhury
Finance Manager
Kovilambakkam
Summary
Dynamic and results-driven Finance & Accounting professional with 18+ years of experience in financial reporting, compliance, audit, and process optimization. Adept at providing critical financial insights to support strategic decision-making, fostering strong cross-functional relationships, and ensuring robust financial governance.
Overview
19
19
years of professional experience
6
6
years of post-secondary education
5
5
Languages
Work History
Finance & Accounts – Current role
Maersk Global Service Center
05.2017 - Current
- Company Overview: Damco Logistics Limited, Mauritius, East Africa. Website: [not provided]
- Leading MoS calls focusing on balance sheet exposures, working capital optimization, and cash flow management.
- Conduct monthly balance sheet reconciliations, consolidating financial exposures and driving corrective actions through Area R2R teams.
- Oversee regional-level financial reporting, including variance analysis, capex visibility, OMBP, audit fees, audit status, lease reporting, sustainability metrics, and restructuring initiatives.
- Review L1 and L2 accruals with controllers to ensure validity and challenge unnecessary accruals before accounting.
- Spearhead early projection initiatives and optimization strategies to reduce L2 accruals, enhancing financial accuracy and efficiency.
- Serve as a panel member in discussions on DPO & DSO improvements, contributing to strategic financial planning and liquidity management.
- Damco Logistics Limited, Mauritius, East Africa. Website: [not provided]
Regional controlling under the framework of Governance, Risk and Compliance
Maersk Global Service Center
05.2017 - Current
- Company Overview: Damco Logistics Limited, Mauritius, East Africa. Website: [not provided]
- Manage and drive MoS Calls for internal controls.
- Managing Controls and compliances across the Region and segments through monthly compliance calls with Area Financial Controlling/ Regional Controlling teams and actions through GRC and Senior Leadership team.
- Ensuring quality, conduct performance analysis and suggest improvement areas for implementation. Follow up actions to resolve open audit issues, both internal and external.
- Act as a bridge between control performer/reviewer and GRC team during launch of new/modified controls across region.
- Strengthen controls and compliance execution.
- Assessing the control applicability for existing/new entities basis on organization update.
- Damco Logistics Limited, Mauritius, East Africa. Website: [not provided]
Reporting (Finance & Accounts)
Maersk Global Service Center
01.2014 - 04.2017
- Company Overview: Damco Logistics Limited, Mauritius, East Africa. Website: [not provided]
- Ensure accurate and timely completion of monthly, quarterly, and year-end financial/book close processes.
- Supervise general ledger management and financial reporting in Onestream/HFM under IFRS, ensuring validation and technical accuracy before sign-off.
- Collaborate with executives and business heads to prepare budgets and monitor profit/loss trends.
- Conduct profit & loss analysis with country finance managers, ensuring necessary accruals are recorded appropriately.
- Reconcile intercompany balances, providing detailed commentary to substantiate differences before reporting.
- Regularly monitor bank transactions, vendor accounts, financial institution dealings, and customer reconciliations.
- Perform frequent job costing reviews, ensuring alignment between local accounting systems and global SAP records.
- Act as the primary liaison for external and internal auditors, providing necessary documentation and ensuring audit readiness.
- Damco Logistics Limited, Mauritius, East Africa. Website: [not provided]
Senior Analyst (R2R)
Flextronics Technologies India Pvt Ltd
08.2011 - 12.2013
- Company Overview: [not provided]
- Preparing and posting monthly accrual, prepaid, reversal entries based on the corporate policy.
- Posting all Costing, AR and AP related manual entries based on advice from site.
- Monitoring and analysing all Reversals of the accrual entries once the actual payment has been accounted during preparation of accrual entries.
- Posting Bank charges, payment return transactions in GL to balance with cash books.
- Payroll posting.
- Maintaining the manual journal trackers along with workings and approval mails for internal and external audit purpose.
- Preparation and submission of Intercompany Charge Vouchers for expenses done on behalf and ensure all intercompany balances should be agreed by the counterparties and booking the same in GL monthly.
- Performing the Intercompany reconciliation between GL, sub-ledger, and reporting tool (OutLook Soft – OLS) and ensure there is no variance in the month end.
- Performing Balance sheet reconciliation monthly on US GAAP standards to ensure all GL, AP, AR and costing schedules in Balance sheet should reconcile with the sub-ledger details.
- Performing month-end close finance reports which includes all intercompany balances should agree by the counter parties, all interim accounts should be netted off and ensure GL balances matched with Outlook soft report based on US GAAP standards.
- Creating the new ledger accounts, setup new internal business partners and warehousing integration setup in ERP whenever it required.
- [not provided]
Senior Process Associates
ACCENTURE Services Pvt. Limited
11.2009 - 08.2011
- Company Overview: [not provided]
- Responsibility in TELCO FINANCE.
- Preparing and posting accurate journal entries for month-end and year-end closings.
- Regularly reconciling general ledger accounts, including bank statements and intercompany transactions.
- Reconciled over 50 accounts monthly with 100% accuracy.
- Providing documentation and explanations during internal and external audits.
- Variance analysis and cost center reporting.
- [not provided]
Accountant
Audit Firms
07.2008 - 11.2009
- Company Overview: [not provided]
- Handled major Internal Audit at AJINOMOTO and NICHIAS Automobiles.
- Bank Audits (State bank of Travancore).
- Statutory payments and tax compliance.
- Tax audits, physical stock verification, adjustment recommendations.
- [not provided]
Accountant
Surya Pharma Pharmaceutical Distributor
06.2006 - 12.2007
- Company Overview: [not provided]
- Entered manually accounting in ledger book.
- Physical general ledger books updated line by line on daily basis.
- Matching bank statements with internal records using printed statements.
- Paper invoices received, stamped, and filed; data entered manually into systems.
- Compiled manually at month-end using ledger balances.
- Preparing Trial balance and Balance sheet reconciliation manually with help of ledger book.
- [not provided]
Education
B.Com (Hons.) -
Gunupur College Berhampur University
01.2003 - 01.2006
10+2 Science - undefined
Gunupur College
01.2001 - 01.2003
10th - undefined
Dombosora High School
01.2000 - 01.2001
Skills
Power BI
Interests
Playing Caroms
Cricket
Making Friends
Listening Music
Application Skills
- Power BI
- HFM
- One stream
- SAP
- BAAN
- Oracle
- Tally
- MS office
Professional Accomplishments
- 5x Star Performer of the Year
- Improved IMEA compliance to 99.4% and effectiveness to 97%
- Developed macros and implemented Kaizens saving 2600+ man hours/year
- Awarded Diamond Kaizen, Champion of Quarter, and multiple monthly accolades
Personal Information
- Passport Number: K5050609
- Father's Name: Ramesh Chandra Choudhury
- Date of Birth: 05/25/86
Timeline
Finance & Accounts – Current role
Maersk Global Service Center
05.2017 - Current
Regional controlling under the framework of Governance, Risk and Compliance
Maersk Global Service Center
05.2017 - Current
Reporting (Finance & Accounts)
Maersk Global Service Center
01.2014 - 04.2017
Senior Analyst (R2R)
Flextronics Technologies India Pvt Ltd
08.2011 - 12.2013
Senior Process Associates
ACCENTURE Services Pvt. Limited
11.2009 - 08.2011
Accountant
Audit Firms
07.2008 - 11.2009
Accountant
Surya Pharma Pharmaceutical Distributor
06.2006 - 12.2007
B.Com (Hons.) -
Gunupur College Berhampur University
01.2003 - 01.2006
10+2 Science - undefined
Gunupur College
01.2001 - 01.2003
10th - undefined
Dombosora High School
01.2000 - 01.2001
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