Sireesha PL

**th Lane NE, **** P***, Issaquah, WA 98029 425-***-****

acg3pu@r.postjobfree.com[pic]

Strategic and hands-on finance operations leader deeply experienced in all

aspects of accounting and financial planning, analysis and project

management with a global perspective and Entrepreneurial spirit.

Disciplined, innovative and focused high energy Executive, who uses an out-

of-the-box approach to solve complex business problems and consistently

drives bottom-line performance, efficiency, process and profit

improvements. Mentor, with a knack for spotting talent, motivating and

grooming teams of loyal and productive workforce that can take on the most

challenging objectives. Dynamic decision maker and expert value creator

driven by solid analytical and insightful forecasting that connects the

Organization, drives collaboration between teams and communicates well with

Management.

Financial Analysis Cash Management Strategic Planning

Risk Management Solutioning and Transitions US GAAP & IFRS

Financial Operations Financial Reporting Mentoring

Management Highly Qualified finance Budgeting and

professional Forecasting

ERP/Source Systems: Finacle (Banking Software), Interconnect billing

System, Prepaid IN System, Revenue assurance system, SAP, Oracle GL,

Lawson and Solomon GL systems, Related Revenue reporting tools, advanced

skills in MS Office (Excel, Word, Power point, Visio).

GENPACT

Jan 2008 to Nov 2014

(A leading BPO in finance and accounting)

AVP-Record to Report Lead, Finance and Accounting (Apr 2013- Nov 2014)

Senior Manager, Finance and Accounting (Oct 2009-Mar 2013)

(Client: Walgreens Co, Deerfield IL, Corporate Accounting department)

Currently providing Leadership as Assistant Vice President, GENPACT, a

leading global BPO services company, and Service Delivery Leader for the

client Walgreens Co. in the areas of Closing & Reporting, Balance sheet

Reconciliations, Store cash/Bank Reconciliations and financial reporting.

Responsible to the management and client for the effective service

delivery, transition of new processes, driving process improvements and

business impacting Lean/Six Sigma projects, leading, guiding and mentoring

the team, driving change management and customer satisfaction.

Scope of diverse responsibilities and select accomplishments in the last 6

years include:

Solutions and Transitioning into New and improved Processes:

As part of the business partnership with Walgreens on accounting services,

Record to Report process for various lines of business were studied in

detail and recommended new solution for the process.

Transitioned new processes to support month-end general ledger close

activities, monthly account reconciliations, reporting and reviews, and

preparation of various deliverables to support both internal and external

financial reporting needs.

Activities were defined for the new process with detailed step by step

process flows, handoffs between different functions. The entire end to end

solution was given and implemented in Genpact to serve Walgreens in their

business requirement.

Implementation includes redesigning the existing process, capacity

estimations, finalizing new Systems and interface/workflow tool

requirements with IT team, Knowledge transfer, inserting internal controls

wherever necessary, agreement on the service delivery concepts like, SLAs,

client communication and reporting. The processes successfully transformed

into the new structure are

. Month Close, Reporting and Account Reconciliations(6 business units

and corporate consolidation)

. Lease Accounting

. Fixed Asset Accounting

. Store Cash Reconciliations

These processes designed contributed to a centralized Record to Report team

of 75 FTEs, 10 interface/workflow tools and handling complete closing and

reporting process for Walgreens.

Lease Administration, Store cash Reconciliations being some of the most

critical and complicated activities were successfully taken over and well

operated, served by the new Genpact team to Walgreens.

Continuous Improvements

. Effectively reduced the unreconciled open items in cash accounts from an

average $1,250,000 to less than $50,000 over a period of 6 months.

Initiated effective communication with different functions in the

business to clear the open items in different aging buckets with major

focus on more than 90 days aging items.

. Drove the improvement project on reducing the Penalty and Interest on the

Real Estate Property Taxes from $ 1million to less than $250,000 for the

year.

. Condensed the closing process from Workday 8 to Workday 6 with major

improvements in reducing the manual journal entries, consolidation of

recurring journals, and automation of a few manual activities. This

project resulted in improving accuracy, controllership and time savings

for Business.

. Completed Green Belt Project on improving the Closing & Reporting

process.

. Recognized twice as the best team and Best Manager by Genpact Internal

Management.

. Achieved and maintained excellent customer satisfaction rating during the

tenure.

Operations Management

. Led Record to Report team handling Closing & Reporting, Account

Reconciliations with a team size of 85 FTEs comprising Managers and

Accountants. Leading the team with a focus on mentoring, guiding and

coaching for their appropriate career progress

. Managed the monthly GL closing activities, Balance sheet account

reconciliations and subsequent financial reporting requirements within

the agreed SLAs.

. Streamlined Operations by introducing Process Efficiencies, strong Review

mechanism, internal controls, reduced redundant headcount, merged job

roles and automated Operations eliminating manual inefficiencies giving

business impact, controllership, better accuracy and cash flow benefits

to Walgreens.

. Accelerated compliance with accounting standards, SOX policies &

procedures, best practices on Account reconciliations and account closing

within stipulated schedules.

. Responsible to the Customer as a Service Delivery leader on SLAs,

Business Impact Projects, demonstrating productivity after a specified

period of transition, identifying, leading the Business Impact Projects

with positive cash flows.

Senior Manager (Jan 2008- Sept 2009)

(Client: GE Energy Systems)

. Carried out an extensive value stream mapping exercise for Accounts

Payable process in GE resulting in 4 FTE productivity and ~ 200 hours of

time savings.

. Handled Process Improvement project on reducing the Accounts receivable

cycle from 45 days to 30 days. The billing is a Job Order billing.

. Mentored process improvement project on Payroll Over payments which

resulted in reducing the overpayment by less than 5%

. Led the accounts payable team on the daily operations.

TATA Teleservices Ltd

Oct 2003 to Jan 2008

Manager, Billing & Revenue Assurance, Corporate Finance (Apr 2007- Jan

2008)

Assistant Manager, Prepaid & Interconnect Billing (Oct 2003 -Mar 2007)

Managed the telecom billing process right from feasibility studies and

prototyping, business requirements specification, development, testing to

implementation of the billing systems for new projects, products and

packages. Spearheaded billing and revenue assurance and settlement of

disputes with Network Operators. Analyzed network usage and reporting on

pricing of products. Optimized revenue accounting and monthly closure

activities. Drove Usage Monitoring, analysis on the revenue of ILD, NLD,

Local calls, and VAS services. Handled End to End Reconciliations from

source to Accounting systems. Mentored and ensured career growth of direct

and indirect reports. Scope of diverse responsibilities and select

accomplishments include:

. Led the Revenue Assurance team of 24 consisting of assistant Managers,

Accountants.

. Identified and plugged revenue leakages, delinquencies, misses in the

billing stream reconciliation and initiatives in improving the

receivables cycle.

. Centralized the interconnect Billing process resulting in cost savings of

$0.35 million to the company.

. Created roadmap for the central Back End team for Interconnect and

Prepaid Billing Operations.

. Successfully led the Interconnect Billing team in launch of products like

Roaming, Toll Free Services, National Long Distance Operations,

Synchronizing the Billing systems for New Network architecture.

. Designed process flows, business requirement specifications and testing

for source billing systems and accounting systems.

. Shouldered the onus of handling multiple roles and adeptly juggled

priorities.

. Set up System Automations that included Revenue Assurance System, CDR

Reconciliation tool and other hectic manual activities resulting in a 96%

billing accuracy and timely resolutions to rejects controlled backlogs

resulting in improving the cash flow.

ICICI BANK LTD,

Jul 2001 to Aug 2003

Junior Officer-Loans and Advances

. Handled credit operations like Bills Discounting, Issue of Bank

Guarantees, Letters of Credit, and Monitoring term loans. Reviewed

documentation, inventory reports, Securities for Term Loans for

compliance with terms of sanction.

. Prepared MIS reports of the branch, credit opinion reports on customers

to other lending institutions.

M/S Ganga Micro Electronics (P) LTD

Jan 1999 to Feb 2001

Accounts Officer

o Book keeping and accounting of Financial / Cost Accounting

transactions of the company. Financial Accounting and Reporting.

Preparation of the budgets and cash flow analysis.

M/S Sudhakar & Co Chartered Accountants

Jun 1995 till Oct 1998

CA Article ship Training

. Practical Training in statutory audits, Tax Audits, Internal Audits,

finalization of financial reports and preparation of audit reports, SEBI

(Securities Exchange Board of India) reports.

Qualified Chartered Accountant - 2002 - Institute of Chartered Accountants

of India (Equivalent to CPA

Qualified Cost Accountant - 2000 - Institute of Costs and Works Accountants

of India (Equivalent to CMA)

Diploma in IFRS - 2011 - ACCA London

Bachelor of Commerce - 1995 - St. Francis' College, Hyderabad, India

Member, Institute of Chartered Accountants of India, Institute of Costs and

Works Accountants of India[pic]

KEY AREAS OF EXPERTISE

PROFESSIONAL EXPERIENCE

EDUCATION AND PROFESSIONAL AFFILIATIONS

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