Summary
Overview
Work History
Education
Skills
Awards
Accomplishments
Lan
Timeline
Generic

Srikanth Parvathaneni

Bangalore,KA

Summary

Dynamic finance professional with proven expertise in financial reporting and data analysis, honed at IRIS Centre of Excellence. Excelled in enhancing data-driven decision-making through advanced Tableau analytics and Oracle NetSuite, alongside fostering team collaboration. Achieved significant process efficiencies, demonstrating strong analytical acuity and leadership.

Overview

15
15
years of professional experience

Work History

Senior Finance Analyst

IRIS Centre of Excellence
Chennai
12.2022 - 07.2024
  • Led the monthly review and reporting of Annual Recurring Revenue (ARR) and One-Time Revenue, ensuring billing data completeness and accuracy across 10+ product lines
  • Produced detailed monthly product trend reports, providing insights on customer wins/losses, renewals, new orders, and attrition trends
  • Spearheaded the creation and automation of 'snowball reports' (ARR reconciliations) for both the US & UK regions, analyzing variances and providing actionable insights on upsell, cross-sell, attrition, and customer terminations
  • Managed MDS adjustments (e.g., accruals, credit notes, invoice date corrections) and ensured the accuracy of customer-specific reconciliations
  • Developed and enhanced data-driven reporting processes and tools, reducing TAT by streamlining workflows and improving access to critical financial data
  • Played a key role in process improvements by initiating team collaboration through a Microsoft Teams Data Warehouse group and implementing automation in Attrition reports and ARR reconciliation processes
  • Acted as a liaison with IT and DWH teams, improving data access and resolving system inefficiencies, such as archiving historical data to enhance system performance
  • Analyzed Annual Recurring Revenue (ARR) and Net Revenue Retention (NRR) attrition trends using Tableau, comparing current month vs
  • Previous month data
  • Prepared detailed PowerPoint presentations with insights on product-specific attrition, highlighting areas of improvement or concern, and shared findings with senior management and board members for strategic decision-making month on month
  • Ensured detailed documentation of monthly processes, adjustments, and reconciliations for future reference and training purposes
  • Cross-trained team members to ensure business continuity and improve team performance

Senior Finance Analyst

Augver Digitial Solutions Pvt Ltd
Bangalore
12.2021 - 10.2022
  • AP, AR, GL, Revenue Recognition & Audit Support
  • Invoicing for US based on SAS, Hardware, Training and Milestones
  • Maintaining booking and collections in google cloud file of all entities
  • Ensured accurate accrual/deferral and intercompany accounting in compliance with AS606 revenue recognition standards
  • Conducted revenue reconciliations and AR aging analysis, ensuring timely and accurate reporting
  • Oversaw intercompany invoicing and worked closely with the AP team to support smooth financial operations
  • Facilitated factor documentation for invoicing, enabling advance fund receipt, and reconciled benefactor transactions, posting necessary journal entries
  • Posted monthly bank entries and supported month-end close activities, ensuring accurate financial statements
  • Generated Salesforce reports to track monthly Sales bookings and maintained comprehensive booking and collection data in Google Cloud for all entities
  • Supported AR compliance, assisted in external audits, and contributed to cost center allocation for AR and AP as per management reports
  • Prepared balance sheet reconciliations and internal control reports for AR in alignment with auditor requirements
  • Process Improvement Initiatives: Developed invoicing templates for factor, foreign currency, and US entities in QuickBooks, streamlining the invoicing process
  • Created Salesforce reports for tracking monthly closed deals and coordinated with internal teams for timely invoicing and license issuance
  • Developed a collection follow-up report and tracking system for customer payment holds
  • Designed an invoice tracker to monitor current and future invoices and manage data pending for invoicing or on hold
  • Cross-trained team members to ensure business continuity and improve team performance

Senior Finance Associate (Lead)

Enquero Global LLP
Bangalore
11.2018 - 04.2021
  • Company Overview: a genpact company
  • Accounts Receivable & Invoicing: Managed customer and intercompany E-invoicing (foreign exchange) in NetSuite, ensuring timely invoicing and accurate processing
  • Performed monthly revenue recognition in the Income Statement and Balance Sheet using internal AR tools
  • Processed accruals/deferrals and intercompany accounting in NetSuite to ensure accurate financial reporting
  • Issued credit memos to customers based on rebate reports, ensuring proper adjustments
  • Coordinated monthly GSTR1 data for auditors to file GST returns in the GST portal
  • Led AR collections for India, US, and Netherlands, maintaining trackers for smooth cash flow
  • Assisted US AR and AP teams with invoicing and payment processing tasks
  • Financial Reconciliation & Reporting: Cash flow forecasting monthly
  • Conducted reconciliations for AR, intercompany accounts, subcontractors, revenue, and credit card transactions (Amex and others)
  • Led month-end close activities, ensuring accurate and timely reporting
  • Managed balance sheet reconciliations, ensuring all accounts were reconciled accurately
  • Process Improvements & Team Management: Implemented process improvements for AR and AP functions, streamlining workflows for greater efficiency
  • Cross-trained team members to ensure business continuity and improve team performance
  • Supported the AP and GL teams, providing assistance as needed for smooth financial operations
  • Key Achievements: Contributed to the successful migration from QuickBooks to Oracle NetSuite as part of the migration team, providing critical data for the transition
  • Worked with the Pulse internal tool for global customer and subcontractor management, improving workflow automation
  • A genpact company

Associate Business Analyst Finance & Accounts

Cresc Datasoft Pvt Ltd
Bangalore
04.2017 - 05.2018
  • Accounts Payable (AP): Managed US client invoicing in QuickBooks, processing payments to vendors via check, wire transfer, or bill pay in accordance with due dates
  • Distributed weekly AP reports for open unpaid bills and coordinated shipment forwarder bill payments per client requests
  • Performed vendor reconciliations, ensuring accuracy and compliance with client requirements
  • Processed employee travel expenses (T&E) and reimbursed via bank bill pay
  • Credit Cards (AMEX and Chase bank) reconciliations
  • Accounts Receivable (AR): Recorded customer payments via check, wire transfer, and factoring, ensuring accurate accounts posting
  • Managed chargeback allowances, followed up on disputed chargebacks, and resolved issues to maintain accurate AR balances
  • Performed monthly AR reconciliations to ensure timely and accurate reporting
  • General Ledger (GL): Processed royalty accrual journal entries and managed sales factor and non-factor journal entries
  • Reconciled AR factor, non-factor, and loan transactions, ensuring proper documentation and reporting
  • Conducted monthly bank, purchase, inventory, and credit card reconciliations, booking expenses and applying AP payments made via credit cards
  • Process bi-weekly payroll and send over to third party payroll process team to pay employee and create journal entries in quick books
  • Oversaw month-end close activities, ensuring accurate financial reporting
  • Financial Reporting & Audit Support: Prepared detailed financial reports for CPA audit, ensuring all information met regulatory standards
  • Validated income statements and balance sheets, generating final reports via QuickBooks and providing clients with timely financial updates

Senior Associate - Finance & Accounts

EXL Services Outsource Partners International
Bangalore
12.2013 - 09.2016
  • Fixed Assets: Developed and maintained a system of controls and forms for recording fixed assets in MS-Dynamics GP, ensuring accuracy and compliance
  • Assigned asset tag numbers, recorded acquisitions and dispositions, and tracked project costs in the fixed asset system
  • Reconciled fixed asset subsidiary ledgers with summary-level accounts in the general ledger
  • Calculated and reviewed depreciation schedules for fixed assets and ensured proper documentation of accumulated depreciation
  • Conducted periodic physical inventory counts and ensured assets were properly allocated and capitalized
  • Prepared fixed asset analyses as requested by management, including tracking IT expenditures and capitalizing IT assets
  • Managed weekly GL tasks including verifying invoices with CAPEX and the database, reviewing RFEs, and overseeing vehicle asset comparison with the Risk Department Log
  • General Ledger: Posted intercompany transactions in MS-Dynamics ERP and handled inventory reconciliations
  • Managed cash advances and processed journal entries (JEs) during month-end close, ensuring accurate financial reporting
  • Reviewed and rectified miscoded deposits and reclassification journal entries
  • Reconciled all fixed assets and netting transactions, preparing monthly reconciliation reports for management and clients
  • Accounts Payable (Pilot Project): Uploaded and indexed invoices for US, fixed assets, foreign currency, utility bills, and HOT requests using OnBase software
  • Managed vendor setup for check, ACH, and wire payments, including vendor documentation (VAR, ACH, W-9)
  • Processed employee travel and expenses (T&E), and generated check previews for payment

Accounts & Finance Assistant

Amara raja Batteries Limited
Bangalore
07.2012 - 09.2013
  • Accounts Receivable (AR): Processed daily customer payments (checks, DD, RTGS, NEFT) in SAP, ensuring proper allocation to bank codes, profit centers, cost centers, and business areas
  • Managed journal vouchers (JVs) for local vendor invoices, rental, housekeeping, security charges, service tax, TDS, car hire, and employee expenses according to company policies
  • Generated monthly service tax, rent paid, and mobile bill reports for employees
  • Coordinated balance confirmations from SAP for franchisees and cleared customer details in the system
  • Managed documentation for journal entries, cash, bank payment vouchers, rental receipts, and other related transactions
  • Accounts Payable (AP): Processed employee expense reimbursements and vendor payments via cheques, ensuring accurate posting in SAP
  • Maintained cash balance for office expenses, making daily vendor payments and updating SAP accordingly
  • Handled parked documents, post-hold documents, and created GL accounts for smooth financial transactions
  • Processed down payments, vendor invoices, outgoing payments, and handled reversals (individual and mass) as needed
  • Handled Audit

Accounts Executive

SHARK CONSULTING
Bangalore
01.2010 - 06.2012
  • TDS Compliance & Filing: Managed TDS data acquisition through email, identified errors in provided data (challans, deductions, PAN details), and communicated corrections to clients.
  • Processed TDS returns using Reylon ETDS software, linked deductions to appropriate challans, and filed returns
  • Revised returns for data correction as necessary
  • Accounting & Financial Management (Tally): Created client masters and set up accounts, entering opening balances for the previous year in Tally
  • Accounted for expenses, provisions, income, sales, purchases, fixed assets, bank interest charges, depreciation, performed bank reconciliations and finalization of books
  • IT E-Filing & Tax Computation: Set up client masters, collected and entered data from Form 16, Form 16A, house property, other sources, and deductions under Chapter VIA
  • Computed tax payable according to Income Tax Slabs and registered 26AS details for clients, ensuring accurate TDS reporting in the Income Tax portal
  • Provided clients with solutions for discrepancies in TDS entries on 26AS
  • Salaried Individual Income Tax return filing

Education

BCOM & MCOM -

Skills

  • Accounting Processes
  • Accounts Payable
  • Accounts Receivable
  • General Ledger
  • Financial Software
  • Tableau
  • Oracle NetSuite
  • Salesforce
  • SAP FI
  • Quick Books online & desktop version
  • Sage
  • Xero
  • Data Management
  • Master Data service excel tool
  • Client Management
  • Financial Reporting
  • Annual Recurring Revenue
  • Customer Attrition
  • Internal controls
  • Variance Analysis
  • Customer Termination
  • Team Management
  • Team Coordination
  • Data analysis
  • Report preparation
  • MS office suite
  • ERP accounting
  • Cashflow processes
  • Revenue recognition
  • Tax planning

Awards

  • The Shining Star, IRIS Centre of Excellence, 2022
  • H1'2020 award and Spot Award 2020, Enquero Global LLP, 2020
  • Two Client Appreciation, EXL Services, 2013
  • Extra miler awards, EXL Services, 2014

Accomplishments

  • IRIS Centre of Excellence :"The Shining Star" for exceptional performance (Amazon Pay gift card).
  • Enquero Global LLP (a genpact company):H1’2020award and Spot Award 2020. Reward in the form of Amazon coupons for involving & providing data for NetSuite and Pulse tool implementation.
  • EXL Services (Outsource Partners International): Received Two Client Appreciation (2013), Extra miler awards (2014) and participated and runner up in financial champion League 2014.

Lan

English
First Language
English
Proficient (C2)
C2
Kannada
Proficient (C2)
C2
Telugu
Proficient (C2)
C2
Tamil
Intermediate (B1)
B1
Hindi
Advanced (C1)
C1

Timeline

Senior Finance Analyst

IRIS Centre of Excellence
12.2022 - 07.2024

Senior Finance Analyst

Augver Digitial Solutions Pvt Ltd
12.2021 - 10.2022

Senior Finance Associate (Lead)

Enquero Global LLP
11.2018 - 04.2021

Associate Business Analyst Finance & Accounts

Cresc Datasoft Pvt Ltd
04.2017 - 05.2018

Senior Associate - Finance & Accounts

EXL Services Outsource Partners International
12.2013 - 09.2016

Accounts & Finance Assistant

Amara raja Batteries Limited
07.2012 - 09.2013

Accounts Executive

SHARK CONSULTING
01.2010 - 06.2012

BCOM & MCOM -

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Srikanth Parvathaneni