USHA P
Bangalore
Summary
Accomplished Finance Manager with expertise in regulatory compliance and team leadership, previously at Milaap Social Ventures. Spearheaded automation initiatives, reducing manual effort by 50%, and enhanced working capital efficiency. Proficient in financial reporting and consolidation accounting, with a proven track record in stakeholder communication and strategic financial management.
Overview
18
18
years of professional experience
1
1
Certification
Work History
Finance Manager
Milaap Social Ventures India Private Limited
Bangalore
11.2011 - 06.2025
- Led and supervised a 5-member finance team and worked closely with 2 additional members from the business finance team.
- Conducted daily finance meetings, mentored junior staff, oversaw deliverables, and worked with senior management and cross-functional teams.
- Finalized the books of accounts for the Indian subsidiary and overseas group entities, prepared consolidated financial reports, including MIS reports, and responded to internal audit inquiries.
- Arranged for timely audits and regulatory compliance by coordinating with company secretaries and auditors in various jurisdictions.
- Oversaw regular accounting tasks and bookkeeping as well.
- Managed working capital planning on a monthly basis by monitoring cash flows, vendor payments, salary disbursements.
- Improved working capital efficiency by coordinating foreign withholding tax claims resulting in possible tax refunds totaling INR 2-3 million.
- Reviewed and completed bank reconciliations in INR, USD, and SGD for 10+ bank accounts.
- Also managed intercompany reconciliations across US, Singaporean, and Indian entities to maintain accuracy in group-level financial reporting.
- Led automation by integrating bank accounts with Zoho Books and QuickBooks, resulting in approximately a 50% reduction in manual effort.
- Also suggested a standardized General Ledger code structure to enhance uniformity in group-level reporting.
- Processed vendor payments, payroll, and accounts reconciliations.
- Resolved vendor queries and ensured timely, accurate disbursement of funds as per internal policies.
- Managed intercompany fund transfers and reviewed monthly accruals, prepaid expenses, and provisions to ensure accurate month-end closing MIS reporting across group entities.
- Oversaw statutory tax compliance, including tax return verification, TDS, GSTR filings.
- Reviewed the Equalization Levy Tax workings, and worked with auditors on advance income tax payments.
- Handled notices and correspondence from GST, Income Tax, and other regulatory bodies.
- Assisted auditors by providing the required documents for prompt query resolution.
Factory – Accountant
Gokuldas Exports
Bangalore
10.2010 - 10.2011
- Managed and filed quarterly VAT returns, ensured timely refund claims that improved cash flow and working capital by an average of 5 to 10%.
- Experienced in Corporate Tax registrations.
- Prepared financial statements (P&L, Balance Sheet, Cash Flow) for factories.
- Oversaw month-end closures, with journal entries and GL, AR, and AP activities.
- Managed rental accruals, and computed End-of-Service Benefits.
- Ensured prompt GL bookings including accruals, prepaids, and provisions for clients.
- Completed audits for multiple factories within stipulated time given by the management.
- Reconciled multi-factories bank and client ledgers.
- Introduced an Excel-to-tally tool, reduced workload by approximately 50%.
Senior Accountant
Springleaf Healthcare Pvt Ltd
Bangalore
07.2008 - 09.2010
- Filed quarterly TDS returns, handled deductions and collections, and ensured 100% timely deposits and statutory compliance (Service Tax, Income Tax, ROC) for the entity.
- Prepared monthly financials, managed end-to-end accounting (AR/AP, GL and bank reconciliation), and provided projections to support forecasting, budgeting, and MIS reports.
- Working closely with banks for the requirement of overdraft facility & Medical Instrumental loans from the SBI Bank.
Accounts Executive
D N JOSHI & Co
Bangalore
05.2007 - 06.2008
- Managed multiple clients, GL maintenance, and AR/AP processing.
- Prepared and presented monthly financials to the clients.
- Prepared & filling clients statutory related compliances like TDS, PF, PT, Service tax & Income Tax.
- Processed payroll, calculated employee benefits and deductions, assisted with budgeting, and filings for Income Tax and Service Tax.
- Worked with clients to ensure timely and accurate compliance.
Education
Master of Commerce (M.COM) -
St,Joseph College of Commerce
Bangalore, India05.2007
Bachelor of Commerce(B.COM) - Financial and Cost Accounting
B S V P College
Bangalore India03.2005
Skills
- Budgeting and forecasting
- Regulatory compliance
- Financial auditing
- Team leadership
- Stakeholder communication
- Transfer pricing
- Consolidation accounting
- P&L tracking
- Financial reporting
- Tally ERP
- Zoho Books
- QuickBooks
- Salesforce CRM
- Amazon QuickSight
- Record to Report
- Finalization of Accounts
- Audit
- Assurance
- Automation
- Systems Integration
- Group Reporting
- Intercompany Reconciliation
Certification
Certification Program in Corporate Finance & Analytics, KPMG in India, 09/01/21
Personal Information
Title: Finance Manager | Audit, Compliance and MIS Reporting Specialist
Language
English
Native language
Kannada
Advanced (C1)
C1
Tamil
Intermediate (B1)
B1
Hindi
Beginner
A1
Timeline
Finance Manager
Milaap Social Ventures India Private Limited
11.2011 - 06.2025
Factory – Accountant
Gokuldas Exports
10.2010 - 10.2011
Senior Accountant
Springleaf Healthcare Pvt Ltd
07.2008 - 09.2010
Accounts Executive
D N JOSHI & Co
05.2007 - 06.2008
Master of Commerce (M.COM) -
St,Joseph College of Commerce
Bachelor of Commerce(B.COM) - Financial and Cost Accounting
B S V P College