Sunil Menon
Navi Mumbai
Summary
Senior Accounting and Finance Professional with more than 18 years of experience in SAAS, Software, IT, ITES industry and BIG 4 consulting firms. Specialized in Technical accounting, Revenue accounting, Consolidation and Reporting. Finance operations like vendor Payments, Payroll payments, Contract review. Treasury operations, cash flow forecast, dealing with banks on credit, forex etc. Handling Statutory Audits from Big 4, Internal audits, tax audits, Transfer pricing Limited reviews, Building Internal controls and processes. Handling compliances (Taxation, GST, Labour compliances). Preparation of Budgets, Forecast, Variance Analysis. Setting up Accounting Processes, Building Team and Setting ERP for Start up's. Handling Due diligence for Mergers and Consolidations along with Purchase Price Accounting. Debt Refinancing Due Diligence. Exit Process. Transition and Integration Projects; involved in ERP implementation; Driving Automation and various Efficiency Improvement Projects and Cost Saving Initiatives.
Overview
12
12
years of professional experience
Work History
Manager FP&A
Citicorp Services India Limited
Mumbai
07.2014 - 01.2015
- Monthly BOD deck for CBNA, banking subsidiary of Citi group Fortnightly outlooks and comparison of the same with actuals Preparation of quarterly earnings book Adhoc management reporting.
Assistant Controller - Finance
MModal Global Services Private Limited
- Responsible for the entire accounting activity for MModal Global Services Private Limited, Indian subsidiary of MModal Inc (US entity) Preparation of consolidated financials as per IGAAP as well as USGAAP.
Sr. Director, Accounting
Ivanti Technology India Private Limited
5 2021
- Key Projects handled
- Merger, Consolidation of four units in India
- Overseeing Due Diligence, Purchase Price Accounting, Tax impacts
- Integration of Systems and Processes
- Standardization of Comp structure of employees from different entities and aligning the same with provisions of Proposed Labour code, 2020
- Primary Responsibilities Monthly book close activities and reporting as per local GAAP (IGAAP/IFRS) for Ivanti's APAC subsidiaries (India, China, Australia, Singapore, Japan and Hongkong) Conversion of local GAAP books to USGAAP in SAP for group reporting and consolidation
- Providing inputs in preparation of annual budget/forecast for APAC region
- Monthly variance analysis - actuals v/s budget
- Finance Operations - approving monthly payroll, Purchase Requisitions (PRs), weekly vendor payments and employee expense reimbursements, new hire request in workday etc
- Weekly cash forecast, cash position, managing funding requirements for APAC region
- Statutory compliances under Income Tax, GST, PF, PT TDS, LWF etc
- USGAAP audit, local GAAP stat and tax audit, internal audit, transfer pricing etc.
Finance Controller
ATG Business Solutions Private Limited
01.2015 - 04.2021
- Key Projects Handled Played a significant role in setting up of finance module in ERP - Net Suite in collaboration with IT team Building up the accounting and accounts payable team Automation of reporting of consolidated income statement and balance sheet in ERP thereby reducing the reporting time, automation of trial balance, non gaap reporting, cash flow etc
- Implementation of new revenue recognition accounting ASC 606 Purchase Price Accounting under ASC 805 for acquisitions and business combinations Internal use software capitalization for implementation cost of SAAS software under ASC 350-40 Involved in the finance due diligence during debt refinancing, acquisition, and entity sale process
- Travelled to US (San Jose, California) on multiple occasions for business process understanding, migrating various process to India by building and training team for implementation of Net suite (ERP), due diligence process during refinancing as well as regular visits for annual audits
- Primary responsibilities - Overseeing general month-close accounting activities, consolidation, reporting and variance analysis
- Preparing walk between proforma/non-gaap financials and GAAP financials Revenue recognition accounting under USGAAP for multiple performance obligations (involving hardware and software, services, subscription and SAAS as per the new revenue recognition standard ASC 606) Handling audit (USGAAP and local GAAP/IFRS) Assisting preparation of budgets along with FP&A team, providing insights on various cost based on drivers, comparison of budget and forecast with actuals Preparation of proforma/non-gaap financials for the company and for each department
- Overseeing AP process - starting from recording of invoices to respective General ledger accounts and departments, maintaining vendor databases, obtaining service confirmations before making vendor payments, employee reimbursements, credit card payments, accounting and reconciliation, review of AP aging, reconciling vendor balances and obtaining confirmations at quarter end and year end, Collecting W9's and W8's, providing information to tax team for filing of forms 1099 and 1042 with IRS
Accounts Executive
Patni Computer Systems Limited
02.2011 - 05.2012
Partner
Sundaram Seshan & Associates
10.2009 - 02.2011
Education
Chartered Accountancy (CA) -
Company Secretary (CS) - undefined
CPA - undefined
Skills
Proficient in MS word, Ms excel, Power point etc
Working experience in SAP S4 Hana, NetSuite, Microsoft Navision, Oracle's People soft 9, Tally ERP
Personal Information
Date of Birth: 06/20/1983
Timeline
Finance Controller
ATG Business Solutions Private Limited
01.2015 - 04.2021
Manager FP&A
Citicorp Services India Limited
07.2014 - 01.2015
Accounts Executive
Patni Computer Systems Limited
02.2011 - 05.2012
Partner
Sundaram Seshan & Associates
10.2009 - 02.2011
Assistant Controller - Finance
MModal Global Services Private Limited
Sr. Director, Accounting
Ivanti Technology India Private Limited
5 2021
Chartered Accountancy (CA) -
Company Secretary (CS) - undefined
CPA - undefined
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