VIGNESH V
Vandalur Post
Summary
Finance & Accounting Professional with 9+ years of experience in Record-to-Report (R2R), General Ledger (GL), Intercompany, Fixed Assets, Lease Accounting (ASC 842), Month-End Close, Reconciliations, and Financial Reporting.
Strong expertise in SAP FICO, US GAAP, Intercompany processes, and Balance Sheet Controls. Proven success as an SME handling transitions, automation initiatives, and process improvements. Experienced in supporting global stakeholders across US, Europe, Middle East, and Africa.
Overview
9
9
years of professional experience
1
1
Certification
Work History
Subject Matter Expert
Accenture Solution Pvt Ltd
Chennai
10.2023 - Current
- Managed lease additions, amendments, and terminations in compliance with ASC 842 using the lease management system.
- Performed and reviewed reconciliations of key balance sheet accounts, including current and long-term lease liabilities, lease clearing, ROU assets, and accumulated amortization.
- Collaborated with clients to ensure accurate lease accounting entries, including accruals, amortization, allocations, and reclassifications.
Senior GL Specialist
Lincoln Electric India PVT LTD
Chengalpattu
09.2021 - 10.2023
- Managed end-to-end process governance, including SOP maintenance, backup training, MEC journal posting with documentation, and SSC monitoring to prevent direct postings.
- Led monthly reviews with Operations and AP teams to resolve COGI, blocked stock, trial/demo inventory, management adjustments, returns, GR/IR, prepayments, and intercompany issues.
- Maintained SAP posting period controls using authorization groups and ensured compliance with month-end close timelines.
- Performed key accounting estimates including warranty reserves, bad debt provisions, accruals, and sales commission calculations under ASC 606.
- Conducted inventory analysis covering excess and obsolete stock, trend analysis, FCPA scrap reconciliation, logistics costs, and market price variance analysis.
- Managed intercompany accounting, including sales commission, royalty, R&D allocations, and intercompany P&L revaluations.
- Handled AUC analysis, internal order creation, CIP and fixed asset master creation, and asset settlements under US GAAP, PL GAAP, and tax requirements.
- Performed fixed asset reconciliations (CIP, ARM), depreciation runs (AFAB, ASKB), cost center allocations, and annual depreciation rate reviews with cross-functional teams.
- Reviewed and approved fixed asset capitalization and disposal documentation using DocuSign and coordinated asset listings with departments by cost center.
Finance Officer
TVS Automobile Solution PVT LTD
Guindy
01.2021 - 08.2021
- Approved vendor and customer master data creation by validating statutory documents and coordinating with relevant teams for accurate setup.
- Prepared customer lock reports based on outstanding balances and initiated customer code blocks for overdue and disputed accounts.
- Coordinated with AP teams to ensure timely processing of vendor invoices and on-time payment releases.
- Reviewed and approved customer credit limit enhancements and reductions in line with credit policy and business approvals.
- Approved customer credit notes in accordance with contractual agreements and internal business policies.
- Issued legal notices for cheque bounce cases, followed up for payment recovery, and escalated matters to Business Controller and Legal teams.
- Reviewed and approved employee expense claims by validating supporting bills and compliance with reimbursement policies.
- Managed collections tracking, including follow-ups with sales teams, monitoring business commitments, reporting deviations to HR and Business Controller, processing LC documents, and approving reversal entries for incorrect postings while maintaining an error tracker.
Process Executive
Redington Gulf FZE
Perungalathur
08.2016 - 01.2021
General Ledger
- Performed monthly amortization of prepaid expenses and prepared annual/semi-annual prepaid schedules.
- Created expense provisions based on user confirmations, vendor SOAs, and overheads including sales promotions, utilities, rent, and office maintenance.
- Followed up with stakeholders to clear advance GL open items and performed expense provision reconciliations with timely reversals.
- Managed intercompany accounting and monthly reconciliations, VAT movement postings, cost center–wise GL reconciliations, and reclassification entries.
- Calculated stock provisions for slow-moving and obsolete inventory.
- Created asset master records for budgeted and non-budgeted internal orders, performed asset capitalization, swaps, intercompany transfers, and acquisition invoice booking.
- Processed non-trade invoices (PO, non-PO, and IO-based), trade vendor invoices (three-way match support), and BOE accounting with reconciliation.
- Handled credit card accounting and reconciliation, debit and credit notes, employee reimbursements, advances, and shared due invoices with Treasury for payment runs.
- Managed customer payment tracking and allocations, deductions, rebates, discounts, debit/credit notes, advance payment and miscellaneous receipt clearances.
- Supported month-end and quarter-end close activities and cheque posting processes.
- Prepared and shared daily AR ageing reports and released customer orders after validating master data, PO details, and credit limits.
- Blocked or rejected orders for overdue balances and debit positions in line with credit policy.
Education
UG / B. Com (General) -
A.M. Jain College
Chennai, Tamil Nadu01.2016
HSC / 12TH -
Government Model Higher Secondary School
Chennai, Tamil Nadu01.2013
SSLC / 10TH -
Sri Guajarati Vidyalaya Matriculation Higher Sec School
Chennai, Tamil Nadu01.2011
Skills
- Month-end close
- Record to report (R2R)
- General ledger
- Intercompany
- Lease accounting – ASC 842
- BS reconciliations
- Fixed assets
- Prepayments and accruals
- FPNA
- Accounts payable
- Accounts receivable
- Credit
- Risk management
- Business finance
- Lease accounting
- SAP FICO
- SAP MM
- SAP SD
- MS Office
- Microsoft Dynamics 2012
- Oracle - Arm
- Smartsheet
- Oracle
Tools It Skills
- SAP FICO (FA, AR, AP & GL) & SAP MM & SAP SD
- MS Office
- Microsoft Dynamics 2012
- Oracle - ARM (Reconciliation Tool)
- Smartsheet - Work Management
- Oracle
Languages
- English
- Tamil
Awards
- Dazzling Star Performer, 01/2017
- Dazzling Star Performer, 07/2018
- Star Team Performer, 2017-2018
- Best Team Supporter, 2019-2020
Areas Of Proficiency
- General Ledger, Intercompany, Accounts Payable, Fixed Assets, and FPNA (support), 4+ Years
- Accounts Receivable, 1 Year
- Credit (Risk management), 1 Year
- Business Finance, 6 months
- Lease Accounting, 2 Years
Personal Information
- Father's Name: R. VENKATESAN
- Date of Birth: 01/30/96
- Gender: Male
- Nationality: Indian
Languages
English
Proficient (C2)
C2
Tamil
Native
Native
Certification
CREDIT SERVICE - SAMBHA FOUNDATIONS
Timeline
Subject Matter Expert
Accenture Solution Pvt Ltd
10.2023 - Current
Senior GL Specialist
Lincoln Electric India PVT LTD
09.2021 - 10.2023
Finance Officer
TVS Automobile Solution PVT LTD
01.2021 - 08.2021
Process Executive
Redington Gulf FZE
08.2016 - 01.2021
UG / B. Com (General) -
A.M. Jain College
HSC / 12TH -
Government Model Higher Secondary School
SSLC / 10TH -
Sri Guajarati Vidyalaya Matriculation Higher Sec School