SHEKHAR RAO PONUGOTI
Finance Controlling & Accounting Expert
Hyderabad,TG
Work Preference
Summary
Results-driven Finance Controller with 11.10 years of progressive experience in financial accounting, legal entity controlling, financial reporting, budgeting, forecasting, and business partnering within multinational organizations. Proven expertise in leading end-to-end financial close processes, ensuring compliance with IFRS and local statutory requirements, managing balance sheet reconciliations, financial statement preparation, and delivering accurate management reporting. Skilled in collaborating with Financial Shared Services (FSS), Finance Business Partners, and cross-functional stakeholders to drive budgeting, forecasting, process improvements, and operational excellence. Experienced in coordinating internal and external audits, strengthening internal controls, ensuring tax and statutory compliance, and leading finance transformation and legal entity transition projects.
Overview
12
12
years of professional experience
3
3
Languages
Work History
Finance Controlling & Accounting Expert
Animal Nutrition & Health India Private Ltd
Hyderabad
10.2025 - Current
- Owned the legal entity close process, including preparation and review of financial statements, balance sheet reconciliations, accruals, provisions, journal entries, inventory valuation, and fixed asset accounting.
- Partnered with Finance Business Partners and business stakeholders to drive budgeting, forecasting, financial planning, and performance management, providing meaningful financial insights to support strategic decision-making.
- Performed detailed Profit & Loss and Balance Sheet reviews, variance analysis, product costing, manufacturing performance analysis, inventory management, and CAPEX monitoring to identify trends, risks, and improvement opportunities.
- Managed statutory financial reporting, preparation of annual financial statements, and coordinated external audits, internal audits, and regulatory reporting while serving as the primary finance contact for auditors and regulatory authorities.
- Ensured compliance with internal controls, corporate governance, tax regulations, accounting standards, and company policies by maintaining a robust financial control environment and supporting remediation of audit findings.
- Coordinated with Financial Shared Services (FSS) to ensure high-quality service delivery across General Ledger, Accounts Payable, Accounts Receivable, fixed assets, and other finance operations while resolving complex accounting issues.
- Oversaw balance sheet governance by ensuring completeness, accuracy, and timely reconciliation of all financial accounts and sub-ledgers, including investigation and resolution of outstanding reconciling items.
- Led the budgeting and forecasting cycles for assigned legal entities, monitored financial performance against budgets, and collaborated with business leaders to identify cost optimization opportunities and improve forecast accuracy.
- Managed and maintained finance master data integrity within SAP, ensuring compliance, accuracy, and completeness of legal entity financial data.
- Supported legal entity setup, restructuring, carve-out, and separation activities, including finance process transition, system readiness, and financial reporting requirements.
- Coordinated tax compliance activities, including Income Tax, VAT/GST, payroll taxes, and statutory filings, working closely with Group Tax teams and external advisors to ensure regulatory compliance.
- A dsm-firmenich company.
Associate Manager - Finance
DSM Shared Services India Private LTD
Hyderabad
07.2019 - 09.2025
- Lead and manage a finance team, ensuring timely completion of accounting activities, accurate books closure, and delivery of high-quality financial outputs.
- Oversee month-end and year-end close activities, ensuring accurate financial reporting in line with accounting standards and business timelines.
- Act as the primary escalation point for Business Controllers and key stakeholders, addressing finance-related queries and ensuring high service quality.
- Build strong stakeholder relationships by gathering feedback, monitoring service performance, and driving continuous improvements in finance operations.
- Perform regular reviews of financial processes, ensuring compliance with internal controls, company policies, and external audit requirements.
- Support and coordinate statutory, internal, and external audits for legal entities, ensuring timely preparation of audit schedules, reconciliations, and supporting documentation.
- Lead finance transformation initiatives by acting as a Change Manager, supporting process standardization, automation, and adoption of new ways of working.
- Analyze financial data and operational metrics to identify process inefficiencies, recommend improvements, and enhance overall finance effectiveness.
- A dsm-firmenich company
Senior Process Executive- Finance
Cognizant Technology Solutions India Private Limited
Hyderabad
09.2016 - 07.2019
- Managed end-to-end intercompany accounting activities, including recording, monitoring, and reconciling intercompany invoices, charges, settlements, and payments across multiple legal entities.
- Coordinated with Accounts Payable, Accounts Receivable, and General Ledger teams to investigate and resolve intercompany discrepancies and outstanding balances.
- Performed regular intercompany reconciliations to ensure accurate accounting records and timely resolution of differences between entities.
- Prepared and analyzed intercompany reports, providing insights and updates to stakeholders and senior management.
- Supported month-end close activities by ensuring completeness, accuracy, and timely posting of intercompany transactions.
- Acted as a Vendor Master Data Steward, managing vendor creation, modification, and maintenance requests in compliance with global governance standards, policies, and procedures.
- Reviewed vendor master data requests to ensure completeness, accuracy, and adherence to internal controls before approval.
- Created and maintained vendor records across multiple regions while ensuring compliance with global data quality requirements.
- Performed data validation and quality checks to prevent duplicate vendor creation and improve master data accuracy.
- Partnered with Accounts Payable, Procurement, and business stakeholders to resolve vendor data issues and support smooth invoice processing.
Finance Process Associate
Genpact India Private Limited
Hyderabad
09.2014 - 09.2016
- Managed end-to-end Accounts Payable operations, including invoice receipt, validation, processing, and payment support activities.
- Reviewed and processed vendor invoices in accordance with client policies, procedures, and internal controls to ensure accuracy and compliance.
- Performed 2-way and 3-way invoice matching by validating invoices against purchase orders and goods receipts.
- Resolved invoice discrepancies by coordinating with vendors and internal stakeholders to ensure timely invoice processing.
- Supported timely and accurate vendor payment processing through various payment methods, including ACH, wire transfers, and checks.
- Performed invoice quality checks to ensure correct coding, approvals, tax details, and supporting document were in place.
- Collaborated with business teams and vendors to address invoice-related queries and improve payment cycle efficiency.
Education
MBA - Finance
Sri Indu Institute of Management
01.2014
Bachelor of Commerce - undefined
Sri Sai Degree College
01.2012
Skills
- ERP Systems - SAP FICO
- Business Intelligence & Reporting - Microsoft Excel (Advanced)
- Business Intelligence & Reporting - Power BI
- Business Intelligence & Reporting - SAP Analysis for Office (AO)
- Business Intelligence & Reporting - Microsoft PowerPoint
- Project & Process Management - Finance Transformation
- Project & Process Management - Process Improvement
- Project & Process Management - Shared Services
- Project & Process Management - Legal Entity Carve-out & Transition
- Project & Process Management - Change Management
- Financial Systems & Tools - BlackLine
- Financial Systems & Tools - Celonis
- Financial Systems & Tools - CFIN (Central Finance)
- Financial Systems & Tools - SAP Group Reporting
- Compliance & Governance - Internal Controls (ICFR/SOX)
- Compliance & Governance - Balance Sheet Reconciliations
- Compliance & Governance - Audit Coordination
- Compliance & Governance - Tax Compliance-GST
Languages
English
Hindi
Telugu
Timeline
Finance Controlling & Accounting Expert
Animal Nutrition & Health India Private Ltd
10.2025 - Current
Associate Manager - Finance
DSM Shared Services India Private LTD
07.2019 - 09.2025
Senior Process Executive- Finance
Cognizant Technology Solutions India Private Limited
09.2016 - 07.2019
Finance Process Associate
Genpact India Private Limited
09.2014 - 09.2016
MBA - Finance
Sri Indu Institute of Management
Bachelor of Commerce - undefined
Sri Sai Degree College