Summary
Overview
Work History
Education
Skills
Certification
Accomplishments
Timeline
Generic
SRINIVAS SETTY SUNNY

SRINIVAS SETTY SUNNY

Finance Controller
BANGALORE

Summary

Offer a rich blend of Accounting, Costing, Taxation, Operations, Strategic, Administrative, ERP (Oracle & SAP) and Leadership talents gained from 18 years of Controllership experience in manufacturing sector and advanced financial studies. History of reorganizing, streamlining, and strengthening financial operations and maximize performance and profitability of the Firms. An effective and articulate communicator/liaison that quickly builds and nurtures excellent working relationships with external contacts, Factory Floor Employees, Management, and Key decision makers at corporate. Perform a broad range of functions quickly and accurately in fast-paced environments. Earlier experience includes 1 Year in Hotel Industry, 3 Years in FMCG & 14 Years in Manufacturing-Oil & Gas Industry.

Overview

18
18
years of professional experience
24
24
years of post-secondary education
7
7
Certifications
1
1
Language

Work History

Financial Controller

Flowserve
BANGALORE
03.2008 - Current
  • Assist with execution of business and department objectives and activities
  • Develop new accounting policies and comply with disclosure requirements as per USGAAP and IGAAP
  • Administer accounting systems
  • Provide shared service support (T&E, A/P, A/R, fixed assets)
  • Performs duties associated with business and financial performance mgmt. (i.e. assists with budgeting and forecasting, support scenario and contingency planning, generates results of operational performance (e.g. site analytics, cost accounting and
    product / market profitability) )
  • Manage reporting to and interaction with Department Manager/Controller
  • Liaise with Corporate / Divisional functions (e.g. Treasury, Tax, Legal) and operations
  • Interpret and communicate results of functional area
  • Business partnering with Management Team
  • Performs and assists in duties associated with Financial
    & Regulatory Compliance (i.e. reporting of tax and
    financial and supplemental data including local statutory
    requirements, ensure SOX compliance and adherence to
    corporate policies, external and internal audits)
  • Assures no significant deficiencies or material weaknesses in SOX controls
  • Support External & Internal Audits and resolve exceptions
  • Closes the ledgers accurately and timely each month
  • Select and retain people to build effective teams
  • Assess, train and develop capabilities of people within
    functional area
  • Organize cross-training activities for stand-in for controller
  • Support succession planning
  • Assess, train and develop capabilities of people within
    the finance organization organization (mentor/coach/educate)

Product Cost Financial Analyst

Wrigley's India Pvt Ltd
06.2005 - 03.2008
  • Actively involved as core team member in implementing SAP-Controlling module and SAP-BW module in Manufacturing Plant in Bangalore (Batch Process Mfg Plant) and Go-live support to Baddi Plant at Himachal Pradesh (Continues Process Mfg Plant)
  • Key Member for on-time successful go-live for SAP FI-CO and successfully assigned individual responsibilities and delivered End-user training for Finance -Controlling team members
  • Participated in configuration of SAP Business Processes in Cost Center Accounting and Product Costing, General Ledger Integrating with MM, SD and PP modules

F&B Controller

Pizza Corner
Bangalore
11.2003 - 12.2004


  • Created and distributed reports on internal and external finances, audits and budgets.
  • Introduced internal controls to monitor critical areas of financial control and devised corrective actions to address risks or deficiencies.
  • Maximized year-end Operating profits by efficiently managing cash flows.
  • Provided treasury and cash management

Education

CPA (Certified Public Accountant)-Awaiting License - Accounting, Auditing, Tax And Business Management

American Institute of Certified Public Accountant
Montana, USA
06.2020 - 12.2021

ICWA/CMA (Cost And Management Accountant) - Financial & Cost Accounting, Auditing, Businesslaw

Institute of Cost Accountants of India
Bangalore, India
06.2008 - 12.2013

PGDFM-Post Graduate Diploma in Financial Mgmt. - Financial Management

All India Institute of Management Studies
Chennai, India
06.2006 - 12.2007

Bachelor of Business Management(BBM) - Financial Management, Accounts,Tax

University of Mysore-Bannumaiah Commerce College
Mysore, India
06.2000 - 12.2003

P.U.C. (10+2) - Accounts

V.K.J Jr. Colleage
Siruguppa, Bellary, Karnatka
06.1998 - 06.2000

S.S.L.C (10th) -

Shantinikethana Vidya Mandira High School
Siruguppa, Bellary, India
06.1988 - 06.1998

Skills

    Accounting & Financial management

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Certification

SAP FI-CO and BW Module (ERP) as a Power User.

Accomplishments

    1. Bagged Flowserve Commitment/Creativity Awards.

    2. Demonstrated the required standard of proficiency in the application of the concepts and tools which are critical to the success of Continuous Improvement Process (CIP) and awarded “Green Belt” Certification.

    3. Actively involved as core team member in implementing ORACLE P11i Cost Management module in Manufacturing Plant in Bangalore (Make to Order Mfg. Plant) and Go-live support.

    4. Successfully completed ORCALE P11i Cost Management & Implementation training and obtained certificate from ORACLE UNIVERSITY .

    5. Participated in SAP BPC Implementation and Training the end-users.

    6. Initiated new report called “Potential OSMI” (Obsolete and Slow Moving Inventory) which will provide item wise details of future month OSMI for next 3 Years– which helped to convert $2M of Unallocated Inventory and $300 K of OSMI.

    7. Restructured the Trial balance with New Department code to track expenses by Department and speed up the Inter-company Debit Notes/Allocations.

    8. Initiated and interacted with IT team to develop New Customized reports in Oracle to increase the efficiency of Finance team by spending more time in analytics of the data rather than spending the time for retrieving the data.

    9. Formulated the process and built the team to claim Export Incentive (MEIS & FPS) around USD 1,200,000 per year from 2015 onwards.

    10. Additional responsibility taken as Business Champion/Business Project Manager for Implementing “ GST (Goods and Service Tax)” module in Oracle R12 to ensure the project is delivered on time, in budget, and within scope

    11. Actively involved in the implementation of “ASC 606 - Revenue Recognition” issued by FASB and IASB.

Timeline

CPA (Certified Public Accountant)-Awaiting License - Accounting, Auditing, Tax And Business Management

American Institute of Certified Public Accountant
06.2020 - 12.2021

ICWA/CMA (Cost And Management Accountant) - Financial & Cost Accounting, Auditing, Businesslaw

Institute of Cost Accountants of India
06.2008 - 12.2013

Financial Controller

Flowserve
03.2008 - Current

PGDFM-Post Graduate Diploma in Financial Mgmt. - Financial Management

All India Institute of Management Studies
06.2006 - 12.2007

Product Cost Financial Analyst

Wrigley's India Pvt Ltd
06.2005 - 03.2008

F&B Controller

Pizza Corner
11.2003 - 12.2004

Bachelor of Business Management(BBM) - Financial Management, Accounts,Tax

University of Mysore-Bannumaiah Commerce College
06.2000 - 12.2003

P.U.C. (10+2) - Accounts

V.K.J Jr. Colleage
06.1998 - 06.2000

S.S.L.C (10th) -

Shantinikethana Vidya Mandira High School
06.1988 - 06.1998
SRINIVAS SETTY SUNNYFinance Controller