I hereby declare that the information provided above is true and correct to the best of my knowledge”
Sunnapu Lokeswar
A.C.A
Bengaluru
Summary
Dynamic finance professional with over 8 years of comprehensive experience in finance, accounts, and taxation, currently excelling as an R2R Specialist (Operation Lead).
Proven expertise in assurance services, supported by 4.5 years of hands-on experience and 3.5 years of articleship in audit, accounting, and taxation.
Strong communication and collaboration skills facilitate effective teamwork while driving organizational goals through strategic decision-making.
A commitment to continuous learning and adaptability ensures the application of innovative solutions in a fast-paced environment.
Overview
18
18
years of professional experience
Work History
R2R Specialist (Operation Lead)
Alstom Transport India Ltd
06.2022 - Current
- Working as R2R Specialist (Operation lead) for GFC center-Bangalore (Scope countries 25) - Manages and controls accounting process of around 100 reporting units of Alstom.
- Direct reporting to Senior R2R manager and Head of GFC BLR.
- Directly works with 2 Operation managers along with TLs from respective regions.
- Part of Monthly management review discussion with GFC Head: Review with Operation managers along with teams leads to finalizing the 4 blockers, MMR KPI's SLA trend movement analysis and RCA for any variation.
- In discussion with Senior R2R Manager for final review.
- Weekly connect with GFC Controlling head on discussion of Service review action items (Both Financial and Non-Financial items).
- Involvement in implementation of Global BS Policy with BS reconciliation templates on phased manner and providing the necessary training to the R2R members to comply the Alstom Reporting and accounting manuals, BS and MEC Policies and procedures.
- Mentoring the GL members for career development.
- Responsible for driving the R2R Scope Compliance area -Finance internal controls and SAPIN II: Assessing, analyzing and proposing the recommendation to the management.
- Finalization of self-assessment and testing along with defined action plans.
- Facts finding discussion with the management & Internal control team.
- Co-ordination with external auditors to conduct process-based control audits.
- Conduct the internal control training sessions for users as needed.
- From operation to collaborate with CI (Continuous Improvement) team to standardize and strengthen the processes Representing: Conducting process audits including FMEA (Failure mode & Effect analysis).
- Process efficiency drives to deliver the outcome of Process efficiency, feasibility of automation, Process Standardization, Strengthen the Quality of the ideas.
- Involvement of monthly recurring calls of CI.
- On half yearly basis – Assessing the Process standardization of R2R SOPs with current practices to arrive the actual process standardization at operation with defining the action of Process gaps.
- Revision the R2R SOPs annually to maintain process standardization and quality.
- Closely Working with Systems and tools team towards digital transformation: Collaborate with tools teams to deploy the Cadency (BS Recons workflow), MSP (MEC activities including JE workflow), QS (Reporting of financial KPI's & SLA's) for 25 countries.
- Formation of SMEs with the necessary instructions to perform test cases on tools deployments.
- During the deployment stage - Daily connect with SMEs and tools team to discuss the concerns/challenges and update on deployment.
- Providing sign off Critical stages of tools deployment (UAT Sign off, Smoke test Sign off) after discussion with various stakeholders.
- Post Deployment collaboration with S&T & CI teams to discuss key challenges and propose enhancement areas.
- Connect with other 2 GFC centers to conduct brainstorming for implementation of best practices.
- Providing training to the users on a periodically basis with the support of SME's.
Executive-GL & Audit (Deputy Manager)
Saint Gobain India
12.2019 - 06.2022
- Manages and controls R2R accounting process of a two-reporting unit of Saint Gobain turnover worth 1000 crores.
- Capitalization of 2 projects cost 250 crores.
- Lead a team of 6 members to complete the month end activities.
- Coordinating with Business partners for maintaining and closing the books.
- Performing review of trial balance and identifying the significant variances and providing proper explanation.
- Ensuring Month end closing has been done properly to meet KPI's.
- Ensuring all the significant deviations in accounts are explained properly to business partners.
- Reviewing and approving all the balance sheet account reconciliations in Black line tool.
- Initiated and perform the monthly BS review meetings with business controllers to discuss open points and assess the positions of financial items.
- Preparation & presentation the yearly Balance sheet review with CFO of Indian subcontinent including R2R management.
- Preparation of inter co reconciliation on timely manner and address the reconciled items with proper follow up measures.
- Responsible for year-end activities.
- Assisting to group auditors/statutory auditors/internal auditors to complete the audit on timely manner to ensure no major findings.
Senior Accounting Specialist
Philips
10.2017 - 12.2019
- Went to Netherland for R2R transition and stabilized the process.
- Manages and controls R2R accounting process of a reporting unit of Philips turnover worth around 600 crores.
- Managing and leading team in Infosys and Philips.
- Coordinating with Business partners, accounting controllers for maintaining and closing the books.
- Driving and Leading one of best projects in Philips- Project UTKARSH- which ensures accounting and evidence for all the balance sheet accounts are accurate.
- Performing review of trial balance and identifying the significant variances and providing proper explanation.
- Ensuring Month end closing has been done properly.
- Ensuring all the significant deviations in accounts are explained properly to accounting controllers and Business partners.
- Preparation & presentation the quarterly BS reconciliation review with Country Finance director and accounting controller of Africa region including R2R management.
- Reviewing and approving all the balance sheet account reconciliations in Black line tool on monthly basis.
- Guiding and monitoring the Infosys team (3rd party BPO partner) to perform transactional activities.
Senior-Assurance
Ernst & Young (EY)
04.2016 - 03.2017
Audit in Charge
Jayesh Rathod & Co (Chartered Accountants)
02.2015 - 01.2016
Audit in Charge
M/S Lodha & Co (Chartered Accountants)
12.2013 - 07.2014
Articleship
M/s. Lodha & Co
03.2009 - 09.2012
Audit Staff
Kailash Panigrahi & Associates
04.2008 - 03.2009
Education
CA Final -
ICAI
11.2015
CA Inter - undefined
ICAI
11.2011
Diploma in IFRS - International Finance
ACCA
04.2001 -
B.COM - undefined
Vikram Dev College
01.2008
XII - Arts
CHSE
01.2004
X - undefined
Board of Secondary Education
01.2000
Skills
Team collaboration, Quality assurance, Root-cause analysis, Analytical thinking & Customer relations
Completed GMCS course organized by ICAI
Completed Lean Six Sigma Green belt from Indian statistical institute
Successfully completed IFRS training program from EY
Working knowledge with software packages like SAP, Cadency tool, Blackline tool, business consolidation system, TALLY & Focus etc
Well versed with MS Office ie MS Excel, Word, and Power Point etc
Completed 100 hrs Computer Training course of ICAI
Certification of completion of Power BI training from Skill Nation
Certificate of completion of AI Tools workshop from be10x
Accomplishments
- Secured Second Position in B.COM (Pass)
- Secured exempted marks in the subject of Direct taxation in B. Com, CA-PCC & CA Final level
- Received Quarterly -1 Bronze and 2 Silver awards for consecutive 3 years from Alstom towards internal controls testing completed on timely, MSP tool automation & Core SOP Alignments with 3 GFC centers
- Received as Best Employee 'Minnum Natchathiram' of Year end Quarter-2018 to meet the one of Key Philips Behaviors i.e. to meet 'Quality and Integrity'
Additional Information
English, Telugu, Hindi , Oriya & Tamil.
Interests
Timeline
R2R Specialist (Operation Lead)
Alstom Transport India Ltd
06.2022 - Current
Executive-GL & Audit (Deputy Manager)
Saint Gobain India
12.2019 - 06.2022
Senior Accounting Specialist
Philips
10.2017 - 12.2019
Senior-Assurance
Ernst & Young (EY)
04.2016 - 03.2017
Audit in Charge
Jayesh Rathod & Co (Chartered Accountants)
02.2015 - 01.2016
Audit in Charge
M/S Lodha & Co (Chartered Accountants)
12.2013 - 07.2014
Articleship
M/s. Lodha & Co
03.2009 - 09.2012
Audit Staff
Kailash Panigrahi & Associates
04.2008 - 03.2009
Diploma in IFRS - International Finance
ACCA
04.2001 -
CA Inter - undefined
ICAI
B.COM - undefined
Vikram Dev College
XII - Arts
CHSE
X - undefined
Board of Secondary Education
CA Final -
ICAI