Shafi Kalandar
Accounting Manager
Bengaluru
Summary
Results-driven finance professional with over 18 years of diverse experience in Finance & Accounting operations, with a strong focus on Record to Report (R2R). Proven expertise in people leadership, global stakeholder management, and process improvement. Experienced in managing complex accounting operations across regions (LATAM, North America, Europe), and driving process standardization, compliance, and continuous improvement in a Global Business Services (GBS) environment. Recognized for fostering a high-performing team culture and delivering consistent business results.
Overview
18
18
years of professional experience
Work History
Manager – R2R Operations
Novo Nordisk Global Service Centre
01.2022 - 01.2025
- Lead and manage a global team responsible for R2R and Corporate Tax operations.
- Oversee monthly/quarterly closings, KPIs, and reconciliation for global entities.
- Collaborate with global Finance Directors to align and drive accounting strategies.
- Drive centralization of analytical tasks and develop talent retention strategies.
- Ensure compliance with SOX statutory audits and corporate governance.
- Lead continuous improvement initiatives and maintain SOPs across regions
Team Leader – Accounting Operations (R2R)
Novo Nordisk Global Service Centre
01.2018 - 01.2022
- Responsible for planning and coordination within the Region LATAM & North America, ensuring the day-to-day operation of the accounting processes is in accordance with the agreed parameters
- Thorough understanding of the process & maintains strong technical accounting skills and accounting systems
- Work closely with the Affiliates Manager to drive a consistent and common approach across Novo Nordisk entities
- Report on key metrics and KPIs for month-end close and other accounting activities
- Identify, report, track, and resolve issues and offer suggestions for system/process improvement
- Develop and maintain SOPs with appropriate communication to ensure employees understand the standardized process
Specialist – CAS Controlling (R2R)
Novo Nordisk Global Service Centre
01.2014 - 01.2018
- Managed valuations, journal postings, and intercompany transactions in SAP.
- Creation of customer master data, handling of cash application and perform provision for bad debts
- Handled Accounts Receivables, bank reconciliation, incoming payments, and consolidation of internal balances.
- Support management by providing data input and analysis for the quarterly and yearly financial reports like P & L analysis
- Responsible for creation of manual payments to Representative offices and payments related to World Diabetes Foundation.
- Handling of incoming payments related to trade – post incoming payments in SAP and follow up with customers for clearing details required.
- Month end activities: Bank Reconciliation, AP/AR reconciliation, currency revaluation and regrouping and period open and close for holding companies.
Senior Professional – Intercompany Accounting (R2R)
Novo Nordisk Global Service Centre
01.2012 - 01.2014
- Handle monthly invoices and credit notes.
- Intercompany payments - Ensure related documentation is in compliance with accounting rules and business ethics
- Transaction processing of incoming payments, including follow up of current and overdue items
- Follow up of cross company invoices and ensure reconciliation of account and correct accounting flow in both the buying and selling company
- Processes of service fee invoices and ensure correct documentation compared to contract
- Intercompany and service fee account Reconciliation including solution of differences before month end closing.
- Prepare material for auditors, Sarbox and analyses based on requests
- Ensure documentation is recorded and maintained according to Corporate Finance archiving guidelines
Senior Professional – Accounts Payable
Novo Nordisk Global Service Centre
01.2009 - 01.2012
- The process involves processing vendor invoices/credit memos .
- Performing VAT checks and control posting task to avoid wrong payment, escalation and customer compliant.
- Creating inter-company invoices and perform reposting in web voucher.
- Co-ordination with line of business, sourcing department and suppliers on supplier related queries.
- Create/Change Supplier master data in SAP
Process Associate – Finance Operations
Siemens India Pvt Ltd
01.2007 - 01.2009
- Executed invoice processing and indexing tasks.
- Supplier data management
- Discrepancy resolution and Query management
Education
Bachelor of Business Management (BBM) - Commerce
St. Philomena’s College
Mangalore01.2006
Skills
People & Performance Management
Record to Report (R2R) Operations
Procure to Pay (P2P) Operations
Order to Cash (O2C) Operations
Global Stakeholder Engagement
IFRS & GAAP
Process Standardization & Compliance (SOX/GIA)
Financial Close & Reporting
KPI Tracking & Business Metrics
Audit Support & Internal Controls
Strategic Planning & Talent Development
ERP Systems: SAP FI/MM, Concur
Tools: MS Excel, PowerPoint, Word
Reporting & Reconciliations: KPI Dashboards, Financial Close, Reclassifications
Timeline
Manager – R2R Operations
Novo Nordisk Global Service Centre
01.2022 - 01.2025
Team Leader – Accounting Operations (R2R)
Novo Nordisk Global Service Centre
01.2018 - 01.2022
Specialist – CAS Controlling (R2R)
Novo Nordisk Global Service Centre
01.2014 - 01.2018
Senior Professional – Intercompany Accounting (R2R)
Novo Nordisk Global Service Centre
01.2012 - 01.2014
Senior Professional – Accounts Payable
Novo Nordisk Global Service Centre
01.2009 - 01.2012
Process Associate – Finance Operations
Siemens India Pvt Ltd
01.2007 - 01.2009
Bachelor of Business Management (BBM) - Commerce
St. Philomena’s College