Vineeth Kalarikkal
Summary
12 Years I aspire for a challenging position in an organization where I can enhance my skills and strengthen them in conjunction with organizations goals. A self-motivated achiever with an ability to plan and execute. P2P, R2R, O2C, Reporting & Data Analysis are the key strengths.
Overview
16
16
years of professional experience
Work History
VAT
- Luxury Tax, Provident Fund, ESI returns on monthly basis
- Depositing Service Tax & TDS payable for the month to Government
- Filing Service Tax returns half yearly and TDS return quarterly
- Processing the Bank Payments to Vendors and booking the entries
- Monitoring the Petty Cash Payments and booking the entries
- Preparation of Monthly Profitability Statement
- Reconciliation of Advance payments received
- Preparation of Bank Reconciliation on a monthly basis
- Follow up with the Debtors for outstanding payments
- Handling payroll
- Audit Support
- Supervising a team of 10 members
Senior Executive Accounts Payable
Thermo Fisher Scientific India Pvt Ltd
Mumbai
09.2017 - Current
- Leading the Center of Excellence Project for driving simplification, standardization across the entity
- Leading the Supplier Finance Program for improving profitability of the organization
- SME for the implementation of GRIR portal in the organization, for reducing the open GRIR line items
- Master Data Maintenance for GRIR portal operations
- Preparation of Bank Reconciliation Statement for all bank accounts
- Revaluation of Forex Accounts balances in the month end as per corporate rates/Statutory rates
- Handling Issue of Forex Currency and Card for employee foreign travel
- Analysis of Open Forex Advance paid to employee and follow up for settlement of the same
- Preparation of Monthly Schedule for Employee Foreign Travel Advances
- Provision Working for Open Foreign Travel Advances / Employee Travel & Expenses
- Verification of posted invoices in SAP and approve the same for further processes
- Preparation of schedule for open GRIR Items and follow up for closure of aged open items
- Open Vendor Advance Analysis and follow up with users for closure of aged advance > 90 Days
- Preparation of Schedule for Open Vendor Advances for management reporting
- Provision Working for Open Vendor Advances ageing > 90 Days
- Regrouping of Net Debit Balances in the Trade Payables to Loans and Advances
- Open Items Analysis of Trade Payables
- Vendor Reconciliation and Sign Off with top 50 vendors on quarterly basis
- Inter Company Reconciliations
- Closely working with the GL and FP&A team monthly for reclassification of expenses
- Closely working with the GL team for Month Closing related activities
- Processing of Automatic Vendor Payments in SAP (Weekly)
- Processing of Manual Vendor Payments in SAP (Weekly)
- Processing of Customs Duty Payments (Daily)
- Liaison with the banks for foreign vendor payments of import invoices (Material/Service)
- Closely Working with the Direct and Indirect Tax Teams for Tax Payments and Reconciliations
- Super User for Migration Activities in SAP (Data Reconciliation, Data Testing, Data Upload)
- Part of Process Improvement Team for Finance, Responsible for UAT in SAP for new changes
- Preparation of SOP, Policies of new process changes in AP
- Driving Automation Projects for the Team
- Preparation of Schedules for Statutory Audits (Balance Sheets & P&L)
- Liaison with the external auditors for resolving the audit related queries
AP/GL Accountant
ELCA Cosmetics India Pvt Ltd
Mumbai
07.2015 - 09.2017
- Verification and Processing of PO & Non-PO based invoices
- Verification and Processing of Employee Reimbursements
- Verification and Processing of Inter-Company Invoices
- Royalties Bookings in SAP
- Performing Automatic Payment run on weekly basis
- Manual Payments for out of schedule payments and advance Payments
- Employee Vendor Creation in SAP
- Co-ordination with Regional Vendor Master Steward for 3rd Party Vendor Creation
- Vendor Reconciliations
- Liaison with Bank for Foreign Payments
- GR/IR GL Account Reconciliation Fortnightly
- Open PO Reporting and Reconciliation Monthly
- Analyze movement in AP Trade Down Payment GL Account – Open Items Analysis
- Reconcile Prepaid GL Account on Monthly Basis
- Preparation of Monthly Accruals Sheet for Accounting Purpose
- Passing Accrual Entries in Month end
- Reconcile Accrual GL Accounts on Monthly Basis
- Computation and Remittance of TDS Monthly
- TDS Return Workings on Quarterly
- Computation and Remittance of Service Tax Monthly
- Service Tax Workings for Returns Half Yearly
- Computation and Remittance of VAT & CST Monthly
- Remittance of PF & PT Monthly
- All Monthly end activities related to Accounts Payable, Accounts Receivable, Inter-Company
- Perform Auto Bank Reconciliation in SAP
- Customer Creation in SAP and updating Pricing Hierarchy
- Passing Receipt Entry from Customers
- Trade Receivables Follow up with Customers
- Passing Accounting Entry for Sales Returns, QDN, and Value Credit Notes
- Customer Reconciliation on Monthly Basis
- Creation of Appropriation Request in HANA based BPC Tool
- Creation of WBS in system
- Depreciation Run in SAP for Fiscal Month
- Analysis of Asset Under Construction GL Account on Monthly basis
- Closing Inventory Reconciliation on Monthly Basis
- Passing Accrual entries for E&O and GIT
- Monthly Package Submission to Corporate Accounting Team based in New York
- Preparation of Schedules for Monthly Package Submission
- Handling Audit Query related to Accounts Payable, Accounts Receivable, Taxes and GL Activities
- Responsible for providing training to new joiners in Basic SAP Navigation & Coding Block of the Affiliate
- Responsible for providing SAP Access for New Joiners
- Sending Request to the Global Team for new Cost Centre and Profit Centre Creation
- Responsible for performing SOD Conflict analysis before requesting SAP access for new and existing users
- Liaison with the Global C.O.E Team on GST Implementation with regards to performing of UAT, Verification of Accounting Entry
Accounts Executive
Gangar Opticians Private Limited
Mumbai
06.2014 - 07.2015
- Verifying Invoice Booking (PO Based) and forwarding for payments
- Vendor Reconciliation
- Vendor & Employee Query Handling – Mails, Telephonic
- GR/IR Control Account Verification
- Open Item in Vendor Accounts analysis
- Booking of Rent Invoices
- Discount Granted Reconciliation
- Co-ordination with 52 Outlets for Discount report preparation
- Auditing Report and re-confirm the same was as per norms of the organization
- LBT Working on Monthly Basis
- Posting TDS Entries
- Working on TDS Report for payments and return filing
- Preparation of Schedules for Auditing
- Controlling the process of manual bills issued in stores
- Daily Collection Report Preparation
- Reconciling the Daily Collection Report with Sales Entries Posted in Navision
- Posting receipt entries for Credit Card collection in Navision
- Credit Card Ledger Reconciliation
Senior Associate
Xerox Services India
04.2012 - 01.2014
- Account Payables, Payments, General Accounting, Info park, Cochin
- Invoice Booking PO/Non-PO & Debit Note Booking
- Vendors Reconciliation
- Vendor Query – Mails, Telephonic
- Tax Query Handling (TDS, Service Tax, VAT etc.)
- SPOC for the process & managing client escalations
- Mentoring a team of 10 members; responsible for their performance and training
- Processing Vendor, Employee Payments and booking the entries
- Preparing Bank Reconciliation
- Vendor Reconciliation
- Maintaining daily fund status
- Calculation of Interest Accrued on Fixed Deposits
- Preparation of schedule for Fixed Deposits on monthly basis
- Preparing Schedule for Working Capital Deferred Loan monthly
- Calculation of Interest accrued on WCDL
- Calculation of interest on Overdraft
- Import Duty reconciliation
- Preparation of Salary voucher, Reconciliation of Salary payables, E.S.I, P.F
- Preparing salary comparison sheet on monthly basis
- Employee loans, advances, travel claims reconciliation
- Revaluation of foreign vendors
- Preparation of TDS Statement from AP Module (Monthly)
- Segregate the TDS data on Co
- Non-Co
- Basis as per statutory requirement
- Reconcile TDS summary with the GL balances for the month
- Prepare the monthly schedule of all the TDS ledgers which will reflect the current period liability
- TDS queries handling
- Audit
Chief Accountant
Guruvayur Hotels Private Limited
Thrissur
05.2011 - 04.2012
Group Leader
CGH Earth Experience Hotels, Cosmetics Pvt Ltd, Xerox Business Services
02.2008 - 09.2010
- Lead for Implementation of SAP Concur for T&E Spends
- Lead the Supplier Finance Program Implementation for increasing profitability
- SME for Implementation of GRIR Portal (Power BI & Excel VBA)
- Lead for Implementation of Excel VBA based Bank Reconciliation Solution
- Super User for Accounts Payable for SAP Data Migration Activities
- Received Token of Appreciation for GL Hygiene and Process Improvements
- Received Rising Star Award for Driving Automation
- Received Efficiency Award for Executing the Auto Bank Reconciliation Project
- Business User for SAP Implementation, responsible for tables (LFA1, LFB1, LFM1, LFBW, LFBK, J_1Movend) in ELCA, for transition of processes in, Skills
- Procure to Pay
- Financial Reporting
- Process Improvements
- Record to Report
- Taxation
- Change Management
- Order to Cash
- Automation
- Analysis
Accounts Assistant
CGH Earth Experience Hotels
Cochin
02.2008 - 09.2010
- Handling Petty Cash Payment and booking entries for the same
- Handling Cheque and Online payments to vendors
- Preparation of Bank Reconciliation on a monthly basis
- Dispatching invoices to vendors and follow up with them for the outstanding payments
- Ledger Scrutinizing and updating the same
- VAT, Luxury Tax returns filing on a monthly basis
- Preparation of MIS reports periodically
- Preparation of Quarterly TDS statement
- Branch accounts reconciliation
- Audit Support
Education
Master’s - Commerce
Welinkar Institute of Management Studies
Post Graduated - undefined
Institute of Distance and Open Learning
Master’s - Business Administration (Finance
Mumbai University
Bachelor’s - commerce
AICTE & UGC
undefined
University of Calicut
Higher - Secondary Education
SNGS College, Koonathara
Diploma - IFRS
VHSE Board
ACCA - Data Science
Boston Institute of Analytics
Skills
Computer ProficiencySAP ECC 60JD EdwardsMicrosoft NavisionTally ERP 90SmartView, HFMMS OfficeLanguagesHindiEnglish
Timeline
Senior Executive Accounts Payable
Thermo Fisher Scientific India Pvt Ltd
09.2017 - Current
AP/GL Accountant
ELCA Cosmetics India Pvt Ltd
07.2015 - 09.2017
Accounts Executive
Gangar Opticians Private Limited
06.2014 - 07.2015
Senior Associate
Xerox Services India
04.2012 - 01.2014
Chief Accountant
Guruvayur Hotels Private Limited
05.2011 - 04.2012
Group Leader
CGH Earth Experience Hotels, Cosmetics Pvt Ltd, Xerox Business Services
02.2008 - 09.2010
Accounts Assistant
CGH Earth Experience Hotels
02.2008 - 09.2010
VAT
Master’s - Commerce
Welinkar Institute of Management Studies
Post Graduated - undefined
Institute of Distance and Open Learning
Master’s - Business Administration (Finance
Mumbai University
Bachelor’s - commerce
AICTE & UGC
undefined
University of Calicut
Higher - Secondary Education
SNGS College, Koonathara
Diploma - IFRS
VHSE Board
ACCA - Data Science
Boston Institute of Analytics