Umesha G
Bangalore
Summary
Adept at steering complex finance operations and compliance, I leveraged my expertise in project finance and ERP systems at ANSR Global Consulting to enhance financial processes and governance. My leadership at Instamojo Technologies, underscored by a knack for tax compliance and mentoring, significantly boosted operational efficiency and compliance adherence.
Overview
16
16
years of professional experience
Work History
Finance Manager
ANSR Global Consulting Pvt Ltd
05.2024 - Current
- Created and updated Standard Operating Procedures (SOPs) for finance, accounts, and compliance functions that were in line with GCC frameworks
- Developed communication standards based on client-specific requirements, and established governance frameworks to ensure adherence to contractual terms
- Coordinated cross-discipline, end-to-end reengineering of the credit review and return process to improve performance automation effort
- Accounted for all financial transactions as per Indian GAAP in an accurate and compliant manner: this covered finance control of payments, invoicing, collections & documentation
- Monitored month-end close processes that allow for proper accounting of financial entries and timely financial reporting for regulatory and internal usage
- Examined and monitored the conformity with local statutory obligations, direct & in-direct taxes, FEMA, FDI, contract terms
- Ensured timely and accurate group reporting to the parent organization with accordance to approved submission calendars for reporting and reconciliation
- Defined standard SLAs across different sub-processes of the finance function, leading to consistent performance management
- Set Resulting in positive accountabilities and continuous enhancements
- Ensured controls were adequate for financial transactions and accurate books of accounts provided shareholders with a true picture
- Worked closely with GCC leadership and finance team to meet statutory + tax audit deadlines/challenges as well as complying with local & international regulations
Senior Finance Manager
Instamojo Technologies Pvt Ltd
04.2019 - 03.2024
- Oversee day-to-day financial activities, including accounts payable, accounts receivable, and payroll, Treasury, General Ledger
- Collaborate with tax advisors to develop tax-efficient strategies and ensure compliance with tax laws and regulations
- Prepare and file tax returns, including corporate income tax, GST Filing, Transfer Pricing and payroll tax
- Oversee the company's compliance with local and federal regulatory matters
- (India and US)
- Lead the annual budgeting process, collaborating with department heads to establish targets and assumptions
- Monitor actual performance against budgeted figures and provide regular updates and recommendations
- Ensure compliance with accounting standards and regulatory requirements
- Oversee the preparation and submission of financial statements, including income statements, balance sheets, and cash flow
- Coordinate with external auditors for the annual audit process
- Manage cash flow forecasting and liquidity planning to meet operational needs and debt obligations
- Monitor banking relationships and optimize cash management practices
- Lead and mentor a team of finance professionals, providing guidance, coaching, and performance feedback
- Intercompany Revenue and Expenses - Computation of Cross Charging to global entity and it’s accounting & take care of its realization
Lead – Finance & Accounts
Zinka Logistics Solutions Pvt Ltd
04.2017 - 03.2019
- Responsible for managing of General Ledger Reconciliation (Balance Sheet & P/L Ledgers)
- Responsible for day-to-day ledger accounts to ensure entries been accounted correctly and accurately
- Review of Fixed Asset Register and calculation of depreciation on monthly basis
- Responsible for the treasury operation of the company
- Responsible for audit Schedules like (schedule for Provision for Bad Debt > 90 days) & accounting treatment
- Review of Debtor reconciliation, Aging and analysis with action plan to closure of open item
- Preparation of Debtors Schedule & identifying the exposure provision bad debt & report the same to Team
- Identify variances between actual and budgeted financial results at the end of each reporting period
- Bank Reconciliation and related schedule preparation (Cheques in Transit, Cheques in Hand, Unclaimed credit)
- Preparation of MIS schedules, AR, AP & GL Schedules, Audit schedules
- Audit-related support - Managing Internals & Statutory auditors
Assistant Manager-Finance & Accounts
Bharti Airtel Ltd
09.2014 - 04.2017
- Controlled Postpaid Collection accounting activities - Bank Reconciliation, Vendor reconciliations, clearing account reconciliations and Debtors reporting activities
- Analyzing collection, preparation of collection clearing account schedule on monthly and quarterly basis
- Review AR GL reconciliation, Monitoring, controlling AR balances Distributor wise & cash applications
- Monitoring & Review of the Collection Bank Statement with Day wise revenue collection
- Intercompany accounting Review & reconciliation for Intra-Circle Collections & settlement
- Responsible for GL Closure by calculating & accounting Grossing up, Bad Debt & Debtors Re-alignment entries & ensure smooth month & Quarter closing
- Preparation of MIS schedules, AR-GL Schedules, Audit schedules etc
- Bank Reconciliation and related schedule preparation (Cheques in Transit, Cheques in Hand, Unclaimed credit schedule etc.)
- Preparing debtors aging & Valuation of exposures and Bad debt provisioning
- Managing world-class business partner & third-party Vendors on their quality deliverables as per SLA
Financial Analyst
VMware LLC
08.2011 - 09.2014
- Prepare daily cash applications package, ensuring all payment is posted to correct companies and responsible for Cash Application
- AR Reconciliation console (between Sub-ledger and GL) & other month end activities
- Preparing the AP/AR clearing account Statement and reconciling monthly basis
- Responsible for sending weekly, monthly and quarterly cash reports
- Ensure all rejects payment Invoices communicate to collections specialists, and create the charge back
- Processing the Credit & Debit memo based on the requirement with proper approval
- Remittance applying based on the customer confirmation/as per age of the invoice
- Applying Invoice to Credit Memo
- Netting off payment, accounting & Passing Entries
- Month end book closing activities, such as calculation of bad debt & provisioning the same
- And passing Journal Entries to clear the control account balances after reconciliation & other activities related to closing
Accountant
Landmark Group LLC
10.2010 - 08.2011
- Suppliers bill processing, accounting, making supplier payment and reconciliation
- Analyzing BR and OD based on payment terms and meeting with product heads for collection payment and follow up
- Updating monthly additions, deletions and calculating depreciation of Fixed Assets and its reconciliation
- Recording Intercompany transactions on day-to-day business activity and clearing intercompany dues at end of the month by transferring to respective company, reconcile same for ensuring ledger balance
- Preparation of monthly MIS Reports to Corporate study and analyze the variances
Accounts Payable Analyst
Outsource Partners International Pvt Ltd.
11.2008 - 10.2010
- Vouching the Invoices according to standards
- Daily Entries in ERP (oracle)
- Verification of receipts
- Weekly progress & Weekly status reports
- Ensuring Cases to be turned around as agreed in SLA
Education
ICWA- Inter -
the Institute of Cost Accountants of India
01.2013
M.com - Finance and Accounting
University of Mysore
11-2010
B. Com - Finance and Accounting
Bangalore University
07-2008
Skills
- Project finance
- Tax compliance
- Financing expertise
- Skilled in ERP's like Oracle, Tally, SAP, Zoho
- Sustainable business models
- Capital budgeting
Timeline
Finance Manager
ANSR Global Consulting Pvt Ltd
05.2024 - Current
Senior Finance Manager
Instamojo Technologies Pvt Ltd
04.2019 - 03.2024
Lead – Finance & Accounts
Zinka Logistics Solutions Pvt Ltd
04.2017 - 03.2019
Assistant Manager-Finance & Accounts
Bharti Airtel Ltd
09.2014 - 04.2017
Financial Analyst
VMware LLC
08.2011 - 09.2014
Accountant
Landmark Group LLC
10.2010 - 08.2011
Accounts Payable Analyst
Outsource Partners International Pvt Ltd.
11.2008 - 10.2010
ICWA- Inter -
the Institute of Cost Accountants of India
M.com - Finance and Accounting
University of Mysore
B. Com - Finance and Accounting
Bangalore University
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