VEENA RANI V
Bengaluru
Summary
Accounting professional with 18+ years of experience at Societe Generale and Deutsche Bank, specializing in intercompany expense accruals and hedge accounting under IFRS. Leverages Oracle ERP to produce transparent, accurate, and timely financial reporting. Leads cross-functional collaboration and manages stakeholder communications with senior leadership and business partners.
Overview
19
19
years of professional experience
Work History
Lead Accountant
Societe Generale
08.2021 - Current
- Controlled ledger integrity and cost center allocation, executing daily and month-end accounting entries to ensure accuracy of corporate and personnel-related operational expenses.
- Enforced strict general ledger (GL) compliance with Societe Generale corporate policies, spearheading complex GL reconciliations and ongoing balance sheet monitoring.
- Directed large-scale payroll accounting and statutory disbursements, reconciling complex domestic and international bonuses, payroll taxes, pensions, and off-cycle payments.
- Formulated monthly and annual financial provisions for international taxes, deferred compensation, pensions, benefits, and liabilities, ensuring precise provision-to-payment reconciliations.
- Managed high-volume intercompany recharges, processing monthly cross-border payments, issuing debit notes, and executing complex intercompany account reconciliations.
- Acted as Expert Accounting Advisor to senior management, identifying and reporting sensitive financial findings, compliance irregularities, and structural accounting issues with actionable remediation plans.
- Forecasted financial risks and operational opportunities, providing data-driven insights and actionable recommendations to inform strategic executive decision-making.
- Received "Special Recognition" Award by onsite Asia clients for outstanding expense accounting contributions, exceptional attention to detail, proactive risk management, and positive cross-functional team impact.
Senior Analyst
DBOI Global Services Pvt. Ltd
06.2010 - 01.2021
- Managed comprehensive multi-entity account reconciliations and rigorous aging analysis, establishing and enforcing a 100% data quality check standard across team deliverables.
- Executed month-end manual SAP journal entries and certified balance sheet accounts on the internal DB financial portal, rapidly investigating and resolving deep accounting discrepancies.
- Consolidated monthly group reporting packs and management forecasts, performing granular variance analysis to explain significant shifts in financial performance.
- Led response strategies for group audits and SOX compliance checks, acting as primary liaison for internal and external auditors while implementing remediation actions.
- Delivered strategic revenue and resource-headcount forecasting models, aligning headcount movements directly with the bank's UBR (Unified Business Reporting) structural demands.
- Engineered Excel macros and advanced data management workflows, automating highly manual reporting processes to slash cycle times and completely eliminate human entry errors.
- Managed payroll accounting processes and entity-wise ledger allocations, collaborating with vendor and SAP technical teams to guarantee absolute accuracy of salary banking files and automated GL uploads.
Assistant Account
TNT India Pvt. Ltd
05.2008 - 05.2010
- Managed end-to-end treasury and cash operations, overseeing high-volume processing and monitoring of global cash and bank transactions to enhance corporate liquidity.
- Executed vendor and customer payment disbursements, handling secure upload, verification, and settlement of payment files within SAP ERP.
- Performed cash matching on SAP, consistently achieving high accuracy for daily cash receipts, customer allocations, and outward payment positioning.
- Performed Bank Reconciliation Statements (BRS) on a daily basis across multiple corporate banking accounts, rapidly resolving outstanding clearing items to maintain absolute balance sheet integrity.
CSR Coordinator
CMS Computers Pvt. Ltd
07.2007 - 04.2008
- Analyzed and cross-verified region-wise service performance data, auditing customer satisfaction trends across global IT support operations to maintain high service-quality standards.
- Compiled monthly operational performance reports, providing structured updates and insights on service delivery trends to inform key business stakeholders.
- Managed IT procurement financial workflows, processing and validating vendor invoices for hardware and infrastructure components to ensure accurate financial tracking.
Education
Diploma - Business Management
ICFAI University
BengaluruBachelor's Degree - Commerce
Bangalore University (Kristu Jayanti College)
BengaluruSkills
- Expense accounting
- Intercompany accounting
- Revenue forecasting
- ERP expertise
- Data management and transitions
- QlikView reporting skills
- Process improvement
- Analytical thinking
- Results orientation
- Stakeholder engagement
- Client management
- Hedge accounting
Personal Information
Title: Lead Accountant | Expense Accounting | GL Reporting | Intercompany Accounting | Hedge Accounting | Reconciliation | Accruals
AWARDS
Honoured with the "Special Recognition" Award for outstanding contributions to the expense accounting process, demonstrating meticulous attention to detail, a proactive approach, and a collaborative mindset that significantly elevated team performance.
KEY ACHIEVEMENTS
- Engineered an automated reconciliation workflow using Alteryx, seamlessly matching booked financial provisions against raw input files to drastically reduce manual entry cycles and eliminate data variance.
- Targeted and remediated critical operational bottlenecks, significantly reducing aging breaks in expense accounting while systematically bridging process gaps across intercompany accounting workflows.
- Authored comprehensive monthly Operating Committee (OpCo) presentations for Finance and Senior Leadership stakeholders, delivering deep-dive analytics on key performance indicators (KPIs) and core variances within monthly expense accounting.
- Initiated transition of expense accounting related to compensation for Mumbai, China, and Taipei entities, successfully centralizing diverse pan-Asian frameworks into a standardized regional operational model.
- Partnered with the Business Engineering PMO and Opex teams to seamlessly operationalize new corporate policies, while driving the smooth transition and financial
Timeline
Lead Accountant
Societe Generale
08.2021 - Current
Senior Analyst
DBOI Global Services Pvt. Ltd
06.2010 - 01.2021
Assistant Account
TNT India Pvt. Ltd
05.2008 - 05.2010
CSR Coordinator
CMS Computers Pvt. Ltd
07.2007 - 04.2008
Diploma - Business Management
ICFAI University
Bachelor's Degree - Commerce
Bangalore University (Kristu Jayanti College)