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Manager Accounting

Bengaluru, Karnataka, India
20 lakhs pa
March 11, 2018

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Finance Professional ( ICWA) with **+ yrs. Post Qualification Experience ( overall 20 yrs &

above) exploring Opportunities in reputed companies for the role of Senior Finance Manager/ DGM/GM/ Controller for Career Advancement in Bangalore only PERSONAL DOSSIER

SRIRAM V IYENGAR Mob : +91-984*******; Res : 080-******** Primary Email: Alternate Email : D2 Block, Flat No 306,White House,15th Cross, 6th Main Road R T Nagar Bangalore 32 DOB : 17-10-1964 ( 53 Years)

Career Objective

To seek a position in a growth-oriented organization which offers professional growth while being competent, resourceful, innovative and flexible with good team spirit, development & smooth navigation of the Organization for the achievement of overall company objectives and excellence.


B Com. Degree from Calcutta University – 2nd Div – 1986-87

ICWA – Professional Degree completed in Dec 1997 CAREER SUMMARY

A skilled & Qualified ICWA with over 17 years Post qualification Experience (Overall 20+ yrs ) in Finance, Accounts & Audit having worked for leading companies, Name of the


Position Held Duration Reason for Change Period

Indo Nissin Foods

Pvt Ltd (FMCG)

Senior Mgr.


4.8 yrs * Please refer note


2012 -2017

APW President

Systems ltd (




3 yrs Travel time * 4 hrs daily

affected health

2009 -2012

Tyrolit India Pvt Ltd




3 yrs Unit closed down due

to global recession

2006 -2009

BP Ergo –


Manager Accts 1 yr Transfer to Mumbai 2006 ( part of year)

SKF Bearings Ltd –



Asst. Manager 2.5yrs Career Prospects 2003 -2005

Rallis India Limited

(Tata Grp)-


Asst. Manager 4.5 yrs Promoted Tfr North 1998 -2002 Alcatel Business

Systems –


Senior Acct


2 yrs Career Prospects &

ICWA final exam

1996 – 1997

Varkey Group-

Dubai – (Trading)



2 yrs Contract 1993 -1995

Amco Batteries

Limited –





3 yrs Appearing for

Professional Exam

1989 - 1992

Last company : Indo Nissin Foods Ltd – Japanese company (Manufacturers of “ Top Ramen” Noodles FMCG Segment ) upto Aug 17 ( 4.8 years)

Reason for Resignation/ Change

Personal Reasons

Brief Synopsis of Experience

A Resourceful and Multi-faceted resourceful individual and Team leader with sound knowledge in Financial Accounting / Corporate set up ( SME) / Finalization of Accounts / Basic funds management, banking, MIS reporting, accounting principles and auditing procedures, corporate

/ taxation laws and statutory enactments.

An energetic Professional with relevant working Experience, analyst with an eye for detail and serious commitment for accuracy / Systems and process improvements, for meeting business goals .

I have also had exposure to in-house ERP’s, Accounting packages and have made suggestions for new improvements under the Finance & Accounting Domain / modules for qualitative reporting and proper time management.

Main Focus Areas ( Accountabilities)

Leadership Role :

Heading the Accounts and finance department ( reporting to GM commercial / CFO), role which included interaction with internal departments, business partnering, identifying financial issues and risks and resolving in consultation with the Management Planning / Budgeting:

Assisting and developing the long term forecasts, budgets of the company in close interaction with other internal departments, business partners as per company policies and guidelines Management Reporting

Full financial P&L responsibility for monthly closing, understanding and outlining the underlying business rationales by meeting monthly reporting timelines Performance Analysis & Business Review

Provide feedback and information for Business Partners and Senior Management of the review of the business for decision making based on financial analysis Controlling Functions

Ensuring effective accounting, Allocation of cost for all enabling functions and timely periodic reporting to Management, internal financial controls, Finalization of Company Accounts, Interaction with Statutory and Internal Auditors, Others

Adherence to Corporate Management Accounting Policies and Accounting Guidelines of Local GAAP, Finance Process Improvements .

Achievement / Process Improvements

1. Implementation of the accounting Policies and Procedures to ensure compliance with the Indian Gaap requirements.

2. Active Team member / Leader (Part of the Project Management Team ) for Implementation & Improvement - Monthly closing / reporting as per due dates and Internal Financial Controls ( IFC) – Companies Act 2013 3. Implementation of process of Raw material and components proper coding system & Inventory Valuation (automation through ERP)

4. Development/ Process / Implementation of the following finance Updates and processes in the present company :

- Accounts Receivables Ageing Report for the company

- Accounts Payables Ageing Report for the company

- Inventory Valuation upto Semi finished stage

- Interface with finance Module – other related modules for Extraction of Data for Compiling Financial Data and Information thereby saving time.

- Basic Development of Costing Module ( Extraction of Data ) for Cost Audit compliances

- Payroll Improvements process reports for LTA/ Leave Encashment / Medical Reimbursement/ Gratuity workings

5. Active Member of the Project team Leader for Implementation of Internal Financial controls (IFC) for the company for all financial Controls 6. Active Member of the Core Team for the GST implementation upto Aug 17 7. Nominated/ Selected for Trip to Japan ( Indo Nissin foods Pvt ltd ) & Italy / Austria (Tyrolit India Swarosvki Group) for implementing the process improvements for Financial reporting of local entity. Functional Competencies ( Role Type and Principal Associated Activities)

External Reporting Financial Reporting ( including Finalization of Accounts) as per New Companies Act

Preparation & Compilation of MIS Reporting

Financial Planning ( Income Statement Analysis & Balance sheet analysis)

Accounting Operations of the Company

Budgeting & Costing

Complete Factory Accounting

Management Accounting Reports : Gross Margin analysis/ Budget vs Actuals for all Major Expenses and Income based on Management requirements

Taxation Updates (Indirect & Direct ) & Interaction with External consultants

Updation of IFRS Group Pack as per Japanese Gaap Requirements / reporting (through in house Package) based on the Mapping of Internal MIS

Product Costing & Margin Analysis

Basic Exposure to International reporting

Expertise in automated financial and accounting reports systems

Interaction with External Auditors / Internal auditors & other related customers

Financial Systems - Including Internal Controls

Accounting Regulation Updates with Auditors



Heading the Factory

/ SME accounts

Team with direct

reporting to the


Interaction with

Marketing and other

related departments

for developing the

Business plans for

the Units

Implementation of

Processes and internal

controls for financial

discipline in adherence

to Statutory laws and


Accounts /Taxation

Indian GAAP

reporting / Basic

Exposure to IFRS

Gaap reporting

Complete financial

Accounting as per

New companies Act

2013 including

Monthly closing of

Accounts &

Finalization of

accounts of

Factories and SME

Branch & Regional

Accounting / Complete

Factory Accounting /

Variance analysis /

Accounts Payable/

Accounts Receivables/

Review of all Balance

Sheet items from


MIS reporting on a

monthly basis with a

review mechanism of

interaction with related

departments for analysis

and details

Fund Sourcing &


Interaction with

Bankers for

utilization of

working Capital (

Fund and Non fund

based as per

Corporate office


Control and

optimization of Cash

flow management

for monitoring the

fund position

Accounts Receivables

and Accounts Payables

interaction with Related





Interaction with


Departments for

Defining budgets

and workings (

review mechanism

monthly and

Updates of Budget (

Rolling Forecast)

Comparison of

Actuals versus

Budgets and review

updates to

management –

monthly review and

Quarterly updates

Factory Accounting/

Inventory Valuation/

setting up basic costing

system and other related


Other Areas

a) Taxation

b) Costing

Basic Exposure to

Tax Audit / Income

Tax assessments

Exposed to standard

Costing System and

Variance Analysis

Exposure to Costing

(systems) process

of machine hour

rate & assisting


department for

quotes along with

related teams .

Other Related Areas

Indirect Taxation

Cost Audit

Basic Exposure to

Indirect Taxation /

Customs .

Exposure to Cost Audit

Rules – team member

for preparation of

Schedules for Cost Audit

– Part of the team for

Due Diligence for data

collection & submission


SYNPOSIS OF ROLE AND RESPONSIBILITIES ( Last 2 Companies) Company Details Designation From To

Indo Nissin Foods


Senior Manager-


Dec- 2012 Aug 17

Company Profile : Indo Nissin foods limited, is a Subsidiary of Nissin Foods Holdings Limited, Japan and is a Noodle Manufacturing & Trading Company in the FMCG segment with products like “ Top Ramen, “ Scoopies” & Trading in Paper boat, confectionaries. No of Reportees : 7

Reporting to : GM Finance / CFO

Total Turnover : 150 Crores (INR)

Role and Responsibilities

Supervisory / Controlling role for all Accounts Team members wherein all Finance team members are required to follow the rules and regulations as per the company norms & policies and should follow the relevant Accounting Standards as applicable

Finalization of accounts of Small and Medium Enterprises of 2 group companies- (Manufacturing & trading ) as per Indian Gaap & TaxAudit

Consolidation of all Financial Statement Schedules for Balance sheet and Profit / loss, Notes to accounts for submission to Statutory Auditors

Updation of relevant data in the Internal Japanese Reporting Package on a Quarterly basis

Interaction with Japan Finance team towards IFRS adoption

Income Tax Computation for the company

Active Member of the GST Project Team

General Ledger Review and Analysis

Monthly closing of accounts,

MIS Monthly Reporting / review and analysis,

Factory Accounting review of TB

Inventory Valuation analysis

Margin Analysis

Review of Vat returns for all the locations matching with the Financials

Statutory Schedule Updation and Review of expenses

Interaction with banks ( Basic Treasury Management )

Start up of the Basic Implementation of Cost Accounting System in interaction with the Cost Auditor and ERP Team

Interaction with Statutory Auditors/ Internal Auditors and Consultants Company Details Designation From To

APW President Systems


Finance & Accounting


Dec- 2009 Oct- 2012

Company Profile : APW President Systems Limited, is a leading designer, manufacturer and supplier of standard and customized enclosure systems in India for IT and Telecom infrastructure. No of Reportees : 6

Reporting to : CFO ( BLR) & VP Operations

Total Turnover : 150 Crores (INR)

Role and Responsibilities

Complete Factory Accounting for 2 units based in Bangalore & interaction with 1 factory located at Pune

Monthly closing of accounts on a regular basis

Assistance during Finalization of accounts for company as per Indian Gaap & TaxAudit

General Ledger Review and Analysis ( All Assets/ Liabilities and Expenses)

Costing Review and Updates in interaction with Engineering Team and Prodn Dept

Inventory Valuations and review with Operations team and Stores

Mis Reporting – Monthly review and analysis/ Budgeting and review, comparison with Actuals

Cash Flow Management – Accounts Payables and Part of Receivables /Basic Exposure to Indirect Taxation ( Vat / Excise) in interaction with commercial Team and Consultants / Exposure to Payroll Management and Tax Audit / Interaction with banks Interaction with Auditors & Consultants Reason for Change/ Resignation

Travel time Stress ( daily 5 hrs) – to & fro affected health & as per doctor’s Advice resigned from the company.

Computer Skills

Microsoft Office : Proficient User of MS Excel / word and General User of Power Point

Accounting software : Oracle 11i/ In-house Accounting Packages/ Tally C T C details

Last/ Present CTC : 22 lacs per annum

Expected CTC : As per Company Norms

Notice Period : Available ( 1-2 weeks joining time) The Above information as mentioned above is true and to the best of my knowledge. Sriram V Iyengar

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