Venu Kaki
Bengaluru
Summary
An organized and motivated team player with strong analytical and problem-solving skills, and who effectively manages the team while maintaining harmony. Looking for ways to contribute and add value to the organization.
Overview
11
11
years of professional experience
Work History
General Ledger Supervisor
Koch Business Solutions
Bengaluru
12.2020 - Current
- Began my career as a General Ledger (GL) Accountant, managing financial records and reporting.
- Promoted to GL Subject Matter Expert (SME) in August 2022, providing specialized knowledge and support.
- Further advanced to my current role as GL Supervisor, leading a team and overseeing financial operations.
- Effectively managing a 16-member team involves setting clear, measurable goals that align with the organization's vision, regularly evaluating progress, and ensuring accountability to drive performance and achieve collective success.
- Conducting regular one-on-one meetings with team members to provide constructive feedback and identify areas for improvement, fostering their professional growth.
- Fostered a collaborative team atmosphere and helped members integrate seamlessly into the organizational culture.
- Assessing team members' performance through feedback collection and recommending compensation adjustments accordingly, in line with compensation philosophy.
- As a member of the hiring team, I will be responsible for interviewing and assessing candidates to ensure we select the best individuals for each role. My goal is to identify candidates who not only have the necessary skills and experience, but also align with our organizational values and culture.
- Responsible for overseeing the entire Record-to-Report (RTR) process, including journal entries, and month-end close activities. I collaborate with the Cash & Bank, Intercompany, and Fixed Asset teams to ensure the books are closed smoothly and on time.
- Conducting governance calls during the month-end close, collaborating with the Intercompany, Fixed Assets, and Cash & Bank teams to identify challenges, and working with stakeholders to implement collective solutions.
- Conducting governance calls with stakeholders to discuss transformation updates, identify areas for improvement, and escalate any open line items wherever support is needed.
- During the month-end close, performing flux analysis to validate duplicate postings, incorrect profit center postings, variance comparisons, out-of-balance checks, intercompany variances, zero balance account checks, and revaluation checks. Collaborating with team members to take necessary actions to resolve any variances, ensuring that accurate values are reported.
- Responsible for the validation and approval of the reconciliations and journal entries that flow through Blackline and SAP.
- Mentoring and coaching team members, helping them bridge the knowledge gaps by conducting knowledge sessions on reconciliations.
- Proactively identify areas for improvement, and mentor team members to turn these opportunities into valuable contributions for the organization.
General Ledger Process Associate
Accenture (India)
Bengaluru
06.2018 - 12.2020
- Responsible for the intercompany general ledger accounting process. Managed all aspects of intercompany transactions, ensuring accurate and timely recording in the general ledger.
- Ensured all intercompany accruals and cash-in-transit entries were accurately recorded to address mismatches between intercompany partners, facilitating a smooth month-end close process.
- Maintained regular communication with intercompany partners to confirm that all invoices were posted promptly, reducing delays and discrepancies.
- Monitored accounts receivable to identify backlog invoices, and proactively contacted intercompany customers to obtain payment status updates, ensuring timely resolution of outstanding payments.
- Performed Blackline reconciliations for the assigned intercompany accounts.
Trainee Associate
Capgemini Business Services (India) Pvt. Ltd
Bengaluru
05.2014 - 05.2015
- I worked as a Trainee Associate in the RTR GL team for a period of one year. My responsibilities are to book journal entries shared by the controllers related to accruals, prepaid entries, and other adjustments during the month-end close.
- Responsible for preparing the reconciliations, and loading them into Blackline.
- Performing mass reversals for the accruals posted using the t-code F.81 in SAP.
Education
Post Graduate Diploma in Management - Accounting And Finance
Holy Mary Business School
Autonomous(Approved By AICTE) Hyderabad01-2015
B.Com (Computers) - Accounting And Finance
Sri Kanyaka Parameshwari Government Degree College
S.K University Anantapuramu01-2012
M.P.C - Mathematical Sciences
Sri Sanakarananda Giri Swamy Jr College
Board Of Intermediate Education, A.P01-2009
S.S.C -
Rotary High School
Board Of Secondary Education, A.P01-2007
Skills
- Analytical skills and problem solving
- Technical skills: SAP and Blackline
- Process Improvement and Transformation
- Communication Skills
- Mentorship
- Conflict resolution
- Collaboration
- Empathy
- Adaptability
GL Standardization Project
The project aims to standardize activities across regions to establish a common approach As part of this initiative, I led a group of three members, mentoring and guiding them in standardizing the VAT Clearing Process
Blackline Project
The project aims to implement the Blackline journal module and transition from the SAP direct posting approach to reduce time consumption I proactively seek feedback from the team during UAT testing, and share the results with the Project Owners to ensure a smooth implementation of the change without any issues
GL Accounts Purpose & Procedure
The project aims to establish clear purposes and procedures for general ledger account reconciliations. I led a group of nine members to define the purpose of assigned accounts, and the procedures to follow during reconciliation. My responsibilities included validating, guiding, and mentoring the team to ensure accurate definitions in the Blackline System after obtaining approval from the Global Process Owner
Timeline
General Ledger Supervisor
Koch Business Solutions
12.2020 - Current
General Ledger Process Associate
Accenture (India)
06.2018 - 12.2020
Trainee Associate
Capgemini Business Services (India) Pvt. Ltd
05.2014 - 05.2015
Post Graduate Diploma in Management - Accounting And Finance
Holy Mary Business School
B.Com (Computers) - Accounting And Finance
Sri Kanyaka Parameshwari Government Degree College
M.P.C - Mathematical Sciences
Sri Sanakarananda Giri Swamy Jr College
S.S.C -
Rotary High School
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