SUPRIYA MARGASSERY
Bangalore
Summary
CMA-certified finance professional with 10 years of experience in general ledger accounting, financial reporting, and statutory compliance. Proficient in SAP FI, M3, and OneStream, with strong knowledge of IFRS, GAAP, SOX controls, and audit readiness. Skilled in month-end close, fixed asset accounting, intercompany reconciliation, and financial analysis. Proven ability to drive process standardization, digitization, and cross-functional collaboration. Committed to supporting organizational goals by enhancing financial accuracy, ensuring compliance, and streamlining operations to enable scalable, efficient finance functions.
Overview
13
13
years of professional experience
Work History
Finance Specialist | GL Accountant (General Ledger SME)
nVent Electrical Products India Pvt. Ltd.
Bangalore
10.2021 - 09.2024
- Accelerated month-end close timeline by 40%, reducing cycle from five days to three through automation of accrual entries and enhanced reconciliation controls.
- Delivered monthly variance analysis reports to senior leadership to support timely strategic decisions.
- Administered SAP FI Fixed Assets for over 1,000 assets valued at ₹38 Cr, ensuring accurate capitalization and depreciation.
- Ensured compliance with IFRS, GAAP, and SOX standards by implementing maker-checker controls and conducting monthly reconciliations.
- Transitioned GST compliance process in-house, decreasing reliance on external consultants by 60% while achieving zero non-conformities in audits.
- Led statutory audits for three legal entities, managing preparation of financial statements and disclosures without audit qualifications for three consecutive years.
- Strengthened cost management by analyzing purchase price variances and monitoring budget targets across cost centers.
- Executed intercompany recharge invoicing while preparing segmental financial reports to ensure accuracy in transfer pricing.
Lead Associate- Accounts Payable | Accounts Payable SME
nVent Electrical Products India Pvt. Ltd.
Bangalore
07.2018 - 09.2021
- Led intercompany reconciliations for over 15 global entities, managing 1,000 monthly transactions with AP/AR balance accuracy.
- Liaised with Citi Bank and management to secure RBI approvals for overdue payments, resolving documentation issues for cross-border settlements.
- Directed TDS tax computations and filings while ensuring accurate GL and Income Tax portal reconciliation.
- Assisted consultants with Income Tax and TDS assessments, ensuring compliance and timely reporting.
- Administered travel and expense reimbursements for 300 employees using Concur and SAP FI, ensuring policy adherence.
- Streamlined open GRNs by clearing domestic and import invoice backlogs to enhance efficiency.
- Coordinated Bill Of Entry accounting with CHA agents and the purchase team to improve operational reconciliation.
- Ensured accurate corporate card accounting through diligent oversight of reimbursement processes.
Management Industrial Trainee | AP Accountant
Bharat Electronics Ltd.
Bangalore
07.2016 - 07.2018
- Executed GL reconciliations for GR/IR accounts during year-end closure.
- Facilitated CENVAT to GST transition, ensuring compliance and optimizing credit utilization.
- Managed RTGS/ECS payments and vendor liability creation using SAP to streamline financial processes.
- Prepared financial reports and supported internal audit preparations to enhance accuracy.
Accounts Assistant
Augustan Textile Colors Pvt. Ltd.
Palakkad
04.2015 - 10.2015
- Supported accounts payable, accounts receivable, and bank reconciliation processes.
Associate | Accounts Payable
ACS Xerox India Pvt. Ltd.
Cochin
03.2012 - 06.2013
- Processed local and foreign bills, vendor liabilities (MIRO creation in SAP FI), and vendor reconciliations.
Education
CMA (Cost and Management Accountant) - Cost And Management Accounting
Institute of Cost Accountants of India
02-2025
B.Com - Finance
Calicut University, Govt. Victoria College
03-2011
Higher Secondary - Commerce
Kerala Board
03-2008
Skills
- SAP FICO and M3
- OneStream and HFM
- Tally and Concur
- BackLine and Power BI
- General ledger accounting
- Fixed assets management
- Reconciliations and journal entries
- Month-end closing processes
- SOX compliance controls
- IFRS and GAAP standards
- Cost analysis techniques
- Bill of materials assessment
- Trial balance evaluations
- Accruals and prepayments management
- Chart of accounts oversight
- Financial statement preparation
- GST compliance strategies
- Direct tax regulations adherence
- Transfer pricing analysis
- Audit schedule preparation
- Tax audit support services
- Statutory audit assistance
- Accounts payable management
- Accounts receivable oversight
- Cost control measures
- Vendor relationship management
- Intercompany transaction processing
- Cost center accounting practices
- Project expense tracking
- Corporate credit card management
- Timely payments processing
- Foreign exchange exposure reporting
- FEMA regulatory compliance
- Bank coordination activities
Accomplishments
- Successfully led statutory audits for nVent India (₹120 Cr) and nVent Middle East (USD 0.46 Mn) with BDO and Deloitte, ensuring timely and compliant closures.
- Spearheaded M3 ERP implementation post-acquisition, enhancing reporting efficiency and regulatory compliance.
- Implemented transition of Middle East and Indian entity accounting to Bangalore Shared Services Center, establishing standardized processes and uninterrupted operations.
Core competencies
- General ledger and financial reporting
- Statutory audit and compliance
- Accounts payable and taxation
- Related-party transactions
- Process improvement and automation
- ERP implementation and support
- Process digitization
- Standard Operating Procedures (SOP) implementation
- ERP-based standardization
Professional Strengths
- Detail-oriented
- Results-driven
- Proficient in ERP systems and digital finance tools
- Effective communicator across cross-functional teams
- Team player
- Adaptable to new technologies and processes
Timeline
Finance Specialist | GL Accountant (General Ledger SME)
nVent Electrical Products India Pvt. Ltd.
10.2021 - 09.2024
Lead Associate- Accounts Payable | Accounts Payable SME
nVent Electrical Products India Pvt. Ltd.
07.2018 - 09.2021
Management Industrial Trainee | AP Accountant
Bharat Electronics Ltd.
07.2016 - 07.2018
Accounts Assistant
Augustan Textile Colors Pvt. Ltd.
04.2015 - 10.2015
Associate | Accounts Payable
ACS Xerox India Pvt. Ltd.
03.2012 - 06.2013
CMA (Cost and Management Accountant) - Cost And Management Accounting
Institute of Cost Accountants of India
B.Com - Finance
Calicut University, Govt. Victoria College
Higher Secondary - Commerce
Kerala Board
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