Manager Accounts Payable

Venkata Gopi Pasumarthi(Venkat)

SAP FICO / TRM / SFIN Consultant

Email: ***********.***@*****.***

Mobile: 469-***-****

SAP & Industry Experience Overview:

Venkat is an industrious, dedicated, committed, success-oriented SAP Professional with 17+ years of overall hands on experience including 10+ years of SAP experience working with all project stages including Business Blue Printing, detailed business requirements gathering& determination, gap analysis, issue resolution, functional designing & process re-engineering, technical designing, configuration, custom code specifications, realization, multiple layers of testing, cut-over, roll-out to real-time production system and post-implementation support.

Venkat has 4 SAP Full Life cycle implementation experience,1 Rollout and 3 support projects. As Senior SAP FICO Consultant whose main focus has been successfully implementing Integrated SAP Financial Platforms from the planning phase through post go-live business supports. Senior level finance and controlling consultant with experience in the following industries: manufacturing, pharmaceutical, Oil & Gas, Textiles, Medical Devices. Excellent business communication skills, analytical skills, and detail oriented.

Skill Summary & Overview:

Venkat led successful medium/small global teams through complex program and project goals and tough project schedules. Excellent knowledge on custom development RICEFs i.e. Reports (Sales Register, Purchase Register, Consumption Register, FA Register), Interfaces (Concor, GECARS, IBS, WebCash, Zalaries and Markview), Conversions (Data Migration: LSMW, Winshuttle, BDCs), Enhancements (RFC’s, BAPI’s, BADI’s, User Exits), and Forms (Vouchers, Forms, Notices).

Venkat has excellent Financial Accounting expertise in Configuring & Testing New GL-New General Ledger, AP-Accounts Payable, AR-Accounts Receivables, BA-Bank Accounting, AA-Asset Accounting, Cost center accounting, Profitability Analysis, Product Costing, Internal Order and SPL-Special Purpose Ledger including Automatic Payment program and lock box configuration.

Venkat is having expertise in Lease Accounting Engine where the values of lease amounts are transferred from SAP CRM to Accounting in SAP FICO.

Venkat is having expertise in Solution Manager for maintaining the Documentation, Configuration and for Ticketing Tool.

Venkat is having strong experience in implementation of OSS Notes / SAP Support for SAP system bugs and defects.

Venkat possess excellent knowledge of SAP FI, CO, Cash Management, Liquidity Forecasting & Treasury and Performed SAP End user trainings at various locations. Excellent Knowledge on Simple Finance and good exposure to SAP Security. Venkat has good experience of US Federal tax procedures and other US specific requirements.

Venkat is very good Collaborated experience Project Evaluation, Information Gathering, Business Blue Print, Documentation, Customization and Configuration with an in depth Understanding of Business Processes relating to SAP Finance, Controlling.

Venkat has excellent Financial Accounting expertise in Configuring & Testing New GL-New General Ledger, AP-Accounts Payable, AR-Accounts Receivables, BA-Bank Accounting, AA-Asset Accounting, Cost center accounting, Profitability Analysis, Product Costing, Internal Order and SPL-Special Purpose Ledger including Automatic Payment program and lock box configuration. Very well versed and experienced in Procure to Pay (P2P), Order to cash (OTC), Make to Stock (MTS), Make to Order (MTS), Engineer to Order (ETO) cycles.

Venkat has very good exposure on Sabrix (third party tax tool).

Professional Experience:

Rent A Center, Dallas, TX Sept’ 2016 – Till Now

SAP FICO QA / Test Consultant

Rent-A-Center is an American public furniture and electronics rent-to-own company based in Plano, Texas. The company was incorporated in 1986 and as of 2014 operates approximately 2,972 company-owned stores in the United States, Canada, Puerto Rico and Mexico, accounting for approximately 35% of the rent-to-own market in the United States based on store count. RAC operations include 28 retail installment stores called Get It Now, 17 Home Choice stores, 15 rent-to-own stores in Canada. Approximately 1,359 Acceptance Now kiosks housed within retail partner stores throughout the United States and 162 rent-to-own stores in 31 states.

Validate business requirements as per the BRD.

Validate Informatica workflows and mappings.

Create test plan, test cases and test scenarios.

Automate ETL testing using DVO tool.

Validate web services by calling different methods.

Work with end users for validating UAT test cases and scenarios.

Validate data quality, transformation logic and requirements as part the BRD.

Create defects and run defect triage meeting on daily meetings.

GE-IS (GE Industrial Solutions), New York, NY Feb’16 –Sept’ 2016

Sr. SAP FICO Consultant - Support / Migration of SFIN

Senior FICO consultant working on a global rollout implementation which includes: USA, Canada, Malaysia, and Germany. This implementation is wave two of three rollouts. The purpose of this implementation is to transition from the current ERP systems to a new SAP process and system landscape using the SAP World Template Approach. The World Template Approach provides countries with specific harmonization to allow functional processes in ONE client for all countries. (ECC 6.0)

Monitoring regularly SAP FICO tickets from the business team through ticketing tool Service Now.

Performing Month end activities: Depreciation postings, Recurring entries postings, Accrual and Deferral postings, Opening and Closing Periods, uploading exchange rates, Corrections in the logic pertaining to the existing Interfaces: IBS, GECARS, 1 Over 1 Rollover, Mark View and Concur.

Corrections if any pertaining to existing WRICEFs. Attending and completing new FICO WRICEFs.

IDOC Processing and fixing the errors.

Maintaining the project documentation in Solution Manager prior to TR to production environment i.e. Business Requirement, Functional Design Document, Technical Design Document, Configuration Document, Demo to Business team PPT, Unit Testing and User Acceptance Test documents, Cutover Activities document (Table Maintenance or any).

New reports developed pertaining to Cash Management and Liquidity Forecasting.

Interfaces developed pertaining to Cash Management to IBS.

Fixing the data issues pertaining to the existing interfaces.

Training for new business team pertaining to Z developments.

Managing on-site & off-shore teams, Project deliverable and Project Management Activities

Performing Year end activities: Opening and Closing periods, Maintaining Number Ranges, Reconciliation of all ledgers and sub-ledgers, Balances carry forwarding, Closing Assets fiscal year.

Build a Best practice document on Migration from ECC to HANA/SFIN 15.03 as a prototype project which includes Project Planning, Downtime Planning, Pre-project clean-up & Release Transports, Infrastructure Ready, Blueprint HANA Finance), Suite on HANA Migration, S/4 HANA Finance Migration, Remediation with Optimization, and Enhancement, Unit Testing, Testing Script preparation at HP ALM, Integration Cycle, Performance Testing, User Acceptance Testing, Selenium / VDO automation testing, changing the queries in Oracle SQL, Mock Cut-over, Training, Cutover Planning, Cut-over Execution, Consistency Check, Go/No Go decision, Actual Go-live.

GE-IS (GE Industrial Solutions), New York NY Aug’14 – Feb’16

Sr. SAP FICO Consultant

Collection of User Requirement Specifications (URS) and Recording requirements, functional specifications and business process information via interviews with key business users.

Preparation of Functional Requirement Specifications (FRS).

Functioned as the primary liaison between the business line, operations, and the technical area throughout the project cycle.

Demos to CTMs, Power Users and BPOs regularly while explaining the FRS

Preparation of Business Blue Print.

Developed and implemented RICEFs.

SAP Receivables management using collection strategies (Collection Management)

SAP Credit Management.

We implemented Cash Management and Liquidity forecasting functionality along with IBS interface.

We have created business scenarios keeping in mind a larger organization spanned across multiple manufacturing units, with multiple distribution units and also having lot of subsidiaries across the globe.

This involves multiple currencies, numerous parallel ledgers and appendix ledgers and multiple depreciation areas spanning across different countries.

We managed to use Global chart of accounts on the assumption that uniform business processes are implemented.

We have adopted Account based COPA as recommended by SAP.

Multiple Company Codes/ Single Controlling Area / Single Operating Concern (Leading Ledger – Non-Leading Ledger – Appendix Ledger Functionality)

General Ledger: Ledger Specific Postings / New GL Functionality / Document Splitting

Accounts Payable: Invoices – Down Payments – Clearing

Accounts Receivable: Invoices – Down Payments – Clearing

New Asset Accounting: Asset Acquisition – Retirement – Scrapping – Depreciation Run (Technical Clearing Concept) – Asset Under Construction Settlement (Ledger specific settlement)

House Bank set up – Bank Accounts – Payment Run Process – Electronic Bank Statement (EBS) process and Dunning Set up

COGS splitting based on Cost component split for account based CO-PA

Migration & Post migration Activities

Level 1 training to CTMs.

Maintaining the project documentation in Solution Manager prior to TR to production environment i.e. Business Requirement, Functional Design Document, Technical Design Document, Configuration Document, Demo to Business team PPT, Unit Testing and User Acceptance Test documents, Cutover Activities document (Table Maintenance or any).

Vetco Grey (A Division of GE Oil & Gas), Sandvika & Stawangar, Norway - Jan’12 – Aug’14

Sr. SAP FICO Consultant

Project management, preparation of dash boards, and attending top management meetings to mitigate the situations towards business deliverables.

Performing regular Period end activities

Attending and completing all upcoming developments pertaining to FICO RICEFs.

Fixing the issues raised by business team.

European Union VAT & TAX Implementation and Tax Reports developments.

Good in European Taxation.

End to end testing of Sales and Distribution along with Credit management and Collection Management

IDOC Processing and fixing the errors.

Developments of Lease Accounting Engine with CRM module.

Training for new business team pertaining existing to Z developments / RICEF objects.

Gathering new requirements, Preparing FDD, doing Configuration, Unit Testing, System Integration Testing, giving demonstration to the business team, attending UAT, Golive and Post Implementation Support and uploading all these documents into Solution Manager.

Managing on-site & off-shore teams

Implementation of Interface WebCash and Electronic Bank Statement (EBS).

Managing project deliverable

Performing Project Management Activities

Liaise with client in all aspects.

Create opportunities to ramp up the FICO team.

Attending the tickets raised by business team in Solution Manager.

GE_MCS (GE Measurements and Controls) Lewistone, Plainville, Oct’11 to Dec’12

Sr.SAP FICO Consultant

Collection of User Requirement Specifications (URS) and Recording requirements, functional specifications and business process information via interviews with key business users.

Preparation of Functional Requirement Specifications (FRS).

Implementing of Electronic Bank Statement process (EBS).

General Ledger: Ledger Specific Postings / New GL Functionality / Document Splitting

Performing Unit Testing, System Integration Testing, Regression Testing, Vacume Testing pertaining to Interfaces.

Asset Accounting with Lease Accounting Engine with CRM Module.

Training to Core Team Members, Power Users and Business Process Leaders.

Preparation of all project documentation and obtaining business team Sign-Off.

Attending the HPQC – Ticketing portal, pertaining to the business interfaces queries.

Having exposure on Sabrix (third party tax tool).

Configured external tax system Sabrix - Company configuration, established authorities, Customer exemption certificates, Product mapping, New trans-editors, custom rates, custom rules, custom error messages.

Performed SAP tax configuration, condition records for default tax codes, new tax codes, new tax procedures.

Performed Credit Management and Collection Management.

Developed functional specs for custom sales/use tax report to calculate new tax values based on statutory country currencies and for transmitting additional fields via tax interface.

Created custom tax codes and rates, VAT registration configuration for GST in Singapore, VAT in UK (Scotland) and Poland, TVA in France.

Zensar Technologies Limited, Hyderabad, India Sept’06 to Sept’11

SAP FICO -Functiaonl Lead/Project Manager

Provided support solutions for issues pertaining to FI/CO and cross-module functionality for Group III (Pharma and Life Sciences Industry) clients (RPG Life Sciences, Saregama, HECL, MSN Laboratories, Nirulas, ACG Engineering, Saritorious, Ankur Drugs, Medrich, Natco, Naturial Capsuls, IIL, MSPL and etc.) across the globe, operating from Zensar Technologies Limited, Remote Consulting Centre, Hyderabad.

Implemented, Managed and supported multiple clients:

Nirma Limited, India (Implementation)

Collection of User Requirement Specifications (URS) and Recording requirements, functional specifications and business process information via interviews with key business users.

Preparation of Functional Requirement Specifications (FRS).

Implementation of Electronic Bank Statement (EBS) and payment through DME MT940 format.

General Ledger: Ledger Specific Postings / New GL Functionality / Document Splitting

Functioned as the primary liaison between the business line, operations, and the technical area throughout the project cycle.

Taxation and CIN Configuration along with Excise Registers preparation.

TDS / Extended With Holding Tax implementation and reports and forms development pertaining to TDS.

Demos to CTMs, Power Users and BPOs regularly while performing POC.

Handled major Configuration tasks of the Organizational structure of GL, AP, AR, AA, CO-CEL, CO-CCA and CO-PCA.

Sahajanand Medical Technologies Pvt. Limited, India (Implementation)

Recording requirements, functional specifications and business process information via interviews with key business users.

Functioned as the primary liaison between the business line, operations, and the technical area throughout the project cycle.

Handled major Configuration tasks of the Organizational structure of GL, AP, AR, AA, CO-CCA.

System configuration and testing in the areas of FI-GL transactions, configuring adjustment accounts for GL, AP.

Implemented Electronic Bank Statement (EBS).

Configured settings for Company code, posting period variant, assigned document number ranges, tolerance groups for customers, G/L accounts and users.

Maintained required settings in Accounts Payable viz. Configuration for payment program, Payment terms.

Configured End to End AP module including the Vendor Groups / Number Ranges, Automatic Payment Program, Configured Special Ledger Withholding Taxes, Check Settings Configured AP integrations to MM for various material movements (Automatic Account Assignments), Worked on LIV (Logistics Invoice verification) linking of Vendor documents with EDI.

Required settings for account determination, asset classes, screen layout rules, defining number ranges, valuation of assets in different depreciation areas, external asset acquisition, in-house asset acquisition, cross company code transfers, settings for depreciation runs, Asset Explorer, Settings for automatic account assignment ( FI-AA Integration).

Configured the controlling area, cost elements, Cost centers (CO-CCA), Number ranges, Cost center hierarchy.

Interaction with Client Business Users for Requirements Gathering and Analysis.

Analysis of the cost center structure, profit center structure and use of internal orders.

Used Modules CO-CCA Cost Center Accounting and CO-OM Overhead Cost Control daily in analytical responsibilities.

Setting Controlling Area and maintained company structure with the help of Profit Center Hierarchy and Cost Center Hierarchy.

Configured and settled Internal Orders (IO) and Activity type.

Documenting and support for the finance work stream that is FI, CO, AP & AM modules and the project progress in SAP ECC 6.0 tool kit.

Participate in Super User meetings, preparation of meeting materials and delivering of presentations as required.

Specified 17 Reports required due to Business requirements. Worked with ABAP programmers and completed testing.

Hikma Pharmaceuticals, London (Support)

Pre Upgrade testing of existing standard and customized transactions and reports.

Preparation of Test plans

Post Upgrade Testing

Post upgrade Training

Post upgrade Support

New developments

Sangam India Limited, Bhilwara, Rajasthan, India (Support)

Involved as FI Consultant for implementation on SAP Enterprise Version 4.7

Performed gap analysis and prototyping, analyzed gaps between current business practices and standard SAP functionality.

Enterprise Structure: Configured organizational structure like setting up of client, creation of company, assigning company to company code, chart of accounts, Company code, Business Area / Functional Areas.

General Ledger : Define G/L master data, country-specific checks, factory calendar as used by the company, Field status groups, Fiscal year Variants, posting periods, document number Ranges, Setting up of document types and posting keys for business transactions and Maintained COA.

Accounts Receivable: Defining of FI-AR Customer Account Groups, Number Range, Master Data and Customer Tolerance Group.

Configured Recurring Entry Process for various Accounts like Vendors and G/L accounts.

Configuration of TAX: CIN, Input Tax, Output Tax and Withholding Taxes.

Accounts Payable: Defining FI-AP Vendor Account Groups, Number Range, Master Data, Tolerance Group, and Configuring & Customizing. Vendor / Customer down Payment, Payment Request, Clearing of Request, Implemented Electronic Bank Statement (EBS).

House Banks & Accounts: Define House Bank, Bank Account / Key, Automatic Payment Program Configuration. & Clearing Open Items and Closing Value.

Did integration testing and end-user training. Prepared detailed test plan for integration testing in FICO module with a focus on improving accuracy of inventory and to be able to match cost and revenue within a period.

Domain - Accounts and Finance Experiences

Manager Accounts and Finance

M/s BAKA LIFTEC (India) Private Limited, Jan’98 to August 2006

(This is European's Material Handling Equipment Manufacturing Company, http://www.baka.de/)

Computerized Accounting: Transaction postings of day to day and Preparation Statements of Accounts.

Registration of New Companies : Verification of availability of names, Preparation and registration of Memorandum & Articles of Association, issuing Shares and related works thereof.

Bank works: Negotiation with banks for financial assistance for Cash Credit, Packing Credit, Over Drafts, Performance Bank Guarantees, Payments to Foreign Vendors and obtaining FIRC Certificates and arranging Negotiable Instruments.

Income Tax/Wealth Tax (Individuals, Companies) / Fringe Benefit Tax :

Obtaining PAN, Calculation of Advance / Self Assessment Tax / FBT etc and on line transaction of Statutory payments. Computation of income, preparation of income Tax & Wealth Tax returns, on line filing of Income Tax returns, completion of assessment works by providing necessary details and attending the concerned ITO.

Audit & Tax Audit Reports : Interaction with Internal / Statutory Auditors regarding audit and other matters; preparation of Balance Sheet, Profit & Loss Accounts; preparation of 3CA / 3CD forms for Tax Audit purpose.

TDS ( of all types) : TAN application, Calculation, deduction, preparation and payment of monthly TDS as well as Quarterly/Annual returns of various types of TDS on line; Issue of Quarterly Certificates ( Form No. 16A ); completion of assessment procedures.

Profession Tax : Application for enrolment and Entitlement Certificates; Calculation, deduction and preparation of monthly challans; Completion of assessment procedures.

ROC : Company Registration, obtaining DIN & its Registration, Digital Signature, and various other returns in respect of increase of share capital, addition of directors etc. etc. Preparation and submission of Annual Return (20B); Balance Sheet (23AC) & Profit and Loss A\c (23ACA) on line.

Sales Tax/ VAT : Application of VAT Number, Calculation, preparation and remittance of payments as well as returns(Quarterly/Half yearly) with set off thereof and return for Refund; Completion of assessment by providing necessary documents; preparation of VAT Audit report and its submission on line.

Export & Import Procedures : All Works pertaining to Exports and Imports and connected documentation.

Other Works : Cash handling, Banking, General Administrative and office works, self correspondence with customers as well as Government Departments etc., Import LC opening procedures, foreign Exchange as well as forward booking procedures, foreign exchange remittances towards commission and other types of payments; IEC, DGFT and all related works therein; timely submission of statements to Bank against utilization of bank facilities.

Knowledge of Programming : Small to medium sized programs required in an office as well as rectification and modification of existing software (including Accounting).

Portfolio Management : Buying & Selling of shares and other investments like MFs etc. with capital gain calculation and other related matters regarding adjustment of Gains and carry forwarded loss etc.

Accountant

Sri Vijayakrishna Tyres, Salur, India, July 1995 to December 1997.

Cheques depositing in Bank and preparation of Bank Reconciliation Statements.

Posting Revenue and Expenses day to day transactions.

Posting Liabilities and Assets transactions.

Month end closing and preparation of Trail Balance Sheets.

EDUCATION

Master of Business Administration, Sikkim Manipal University, India

Master of Commerce, Andhra University, India

Bachelors of Commerce, Andhra University

Diploma in Export Management, India

Relevant Software

SAP ECC 6.0 and 4.7

Sabrix/Thompson Reuters ONESOURCE Indirect Tax 4.3/5.3

SAP NetWeaver BW

HP/Mercury Quality Center 10.0

HP Quick Test Professional 10.0

Winshuttle TRANSACTION and Winshuttle RUNNER

MarkView 8.0

Solution Manager

AWARDS

Genpact Star Performer award for the dedication and quality of deliverables

Genpact Wall of Fame award for the commitment and dedication presented at critical situation during go-live. Genpact excellence award for the presentation of Genpact values at client location.

Zensar Technologies excellence award for the commitment and dedication work.

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