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Management Accounting Financial

Location:
Pune, Maharashtra, India
Posted:
February 08, 2024

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SURESH BHARANI

Senior Management Position – Finance & Accounts

A versatile, high-energy professional with track record of providing strong decision support and financial advisory to business leaders on improvement areas, business modelling, revenue and ROI.

ad3gsm@r.postjobfree.com +91-982*******

LinkedIn: https://www.linkedin.com/in/suresh-bharani-12a72219/ CORE COMPETENCIES

EDUCATION

2003: MBA Finance Master of Business

Administration from Pune University

2002: CA Finalist (Chartered Accountant I) from

Institute of Chartered Accountant of India

2001: M.Com. (Accounting) from Pune University

1995: B.Com. (Accounting & Costing) from Pune

University

TECHNICAL SKILLS

ERP Oracle, Discoverer (Oracle Tool), PeopleSoft, Tally 9 ERP & QuickBooks R12, NetSuite (US

Accounting)

MS Office with Advanced Spreadsheet skills

PERSONAL DETAILS

Date of Birth: 14th December 1975

Languages Known: English, Hindi, Marathi and Sindhi Address: Flat No. B-1004, Royal Heights, Aundh Road, Bhau Patil Path, Pune – 411020

PROFILE SUMMARY

CA I & MBA (Finance) Professional with 22 years of experience; vast experience in managing Financial Accounting (P2P, O2C, R2R), Management Accounting, Management Reporting, Budgeting & Re-forecasting, Business Strategy, Working Capital Management, Direct Tax, Transfer Pricing, Indirect Tax (GST), Audits, US GAAP, M&A, and ERP initiatives

Transitioned financial processes like AP, AR, GL, FA, Concur, Federal Tax, Sales Tax and Treasury from North America to India; experienced in finance & accounting functions such as AP, AR, GL, AM, T&E, FP&A and others

Leveraged extensive working knowledge of successfully setting up the Finance Shared Services function in India

Successfully supported M&A, integrated Indian & UK entity from financial perspective

Vast experience in Budgeting & Controlling, Business Process Improvement, Statutory & Tax Audits, as well as Audits & Taxation

Acted as Financial Controller for UK & European countries in 2018-2019

Built an in-house accounting team for India and US with demarcation of policies and necessary controls including significant contribution in setting up operations in India

Streamlined financial planning, analysis and reporting process/ system from scratch

Successfully implemented ERP Systems; played a key role in on-boarding and implementing Payroll Management System across the organization

Expertise in Consolidation of Financial Statements as per Indian GAAP and IND AS; managed statutory audits, internal audits and tax audits; hands-on experience with Income Tax, Transfer Pricing Rules and Compliances

Exposure to Audit Methodology of Big 4 audit firms and experience of front ending audit with Big 4 audit firm

Received the Best Employee Award for consecutive two years in Hutchison 3 Global Services Pvt. Ltd.

Capability of leading a team of energetic professionals, motivating, training & mentoring them on fundamentals of business processes

CAREER TIMELINE

2012 -

2020

Strategic Financial Planning & Analysis

Process Transformation / Transition

Accounting and Internal Financial Control

Statutory and Internal Audits

Direct & Indirect Tax Management

Fund & Treasury Management

Risk Management & Compliances

Transfer Pricing / Group Consolidation

Budgeting & Forecasting / Variance Analysis

Mergers / Acquisitions

Taxation & Statutory Compliances

Stakeholder Engagements

Management Reporting (MIS)

Team and Performance Management

2006-

2007

2007-

2012

2003-

2006

Hutchison 3 Global Services Pvt. Ltd., Pune /

Mumbai as Manager - Finance

Skytech Solutions Pvt. Ltd., Mumbai as Assistant

Manager - Finance

Winsoft Exports Pvt. Ltd., Pune as Executive -

Accounts

Cognizant Technology Solutions, Pune as

Associate Director – Finance

Sa global India Pvt Ltd, Bangalore as

Sr. Financial Controller – Finance

2020 -

2022

Sage Innovation Services Pvt Ltd.

2022 - Director – Finance

2023

WORK EXPERIENCE

Currently working at Matchpoint Solutions Pvt Ltd : Director -Accounting & Finance Financial Accounting (P2P, O2C, R2R), Management Accounting, Management Reporting, Budgeting & Re-forecasting, Business Strategy, Working Capital, Management, Direct Tax, Transfer Pricing, Indirect Tax (GST), Audits, Internal controls, US GAAP, M&A, ERP initiatives

July 2022 to May 2023: Sage Innovations India Pvt Ltd Pune as Director – Finance Leading a team of 20 and reporting to COO / Promoter of the group in US. Financial Accounting – P2P, O2C, R2R, Cash forecast, Payroll analysis, Month end closing, P&L analysis, Balance sheet reconciliation, Cost reduction and cost analysis . Management Accounting – Budgeting, forecasting, MIS reports, Variance Analysis, Project profitability, Project costing, revenue analysis, Fund analysis / working capital management etc. Compliances – Stat Audit, Intern Audit, Tax fillings, Transfer pricing, Internal controls, secretary compliances etc. M&A’s, ERP implementation, managing Investor by sharing month on month financial reports, transition of processes from US to India etc.

Dec 2020 to July 2022: S A Global Services Pvt Ltd Pune as Sr. Financial Controller / Head Finance Leading a team of 6 and reporting to Global CFO & dotted line to Country head . Handling all aspects of Corporate Finance - Financial Accounting (P2P, O2C, R2R), Management Accounting, Management Reporting, Budgeting & Re-forecasting, Business Strategy, Working Capital Management, Direct Tax, Transfer Pricing, Audits, Internal controls, US GAAP, M&A, ERP initiatives.

Management Accounting - Budgeting, Forecasting, MIS reports, Variances Analysis, Project costing, project profitability etc. Aug 2012 to Nov 2020 : Cognizant Technology Solutions, Pune as A Director – Finance Leading a team of 30 reportees globally and reporting to CFO in US. Apr 2007 to Jul 2012: Hutchison 3 Global Services Pvt. Ltd., Pune as Manager – Finance Reported to Head - Finance and leading 3 Reportees. Key Result Areas:

Managing the overall finance and accounting function; administering Cash Flow Statement, P&L, Balance Sheet and Statutory Financial Reports

Steering complete F&A function comprising P2P (Procure to Pay), O2C (Order to Cash) and R2R (Record to Report)

Providing strategic, financial and operations feedback; reviewing the P2P process covering complete cycle from Vendor Master Maintenance through procurement and vendor invoice processing

Supervising the maintenance of statutory books of accounts for India and US in accordance with respective GAAP

Closing monthly books of accounts for generation of monthly, quarterly, annual MIS reports to provide timely feedback to top management

Setting up forecasts, annual budget and long range plans, analysing the actual with targets for variances

Drafting AOP (annual operating plan), forecasts, short and long-term budget, board review papers and other management reports

Discussing the variances with the operations to derive the underlying business drivers and suggesting for any corrective action

Obtaining approval of Capital Expenditure & monitoring actual vs. budgeted capex

Supporting the business objectives of telecom group companies in UK, Ireland & Australia

Generating monthly, quarterly, annual MIS and analysing with the budget to understand variances and generate bridge analysis report

Monitoring Income Tax, TDS and GST Compliance as well as ensuring adherences to RBI Compliance (APR, SOFTEX)

Spearheading preparation and submission of tax returns, coordinating the assessment proceedings and submission of required details

Ensuring compliance to the govt. rules and regulations as laid down by statutory authorities, namely Income Tax, GST, STPI, SEZ

Managing & reviewing end-to-end monthly and annual payroll, start from structuring CTC break up also includes process of salary, statutory deductions, sorting employee queries

Reviewing and briefing all general contracts, sale-deeds, SOWs, COs, MOUs, NDAs and other legal documents

Attending Board/ General Meetings, ensuring statutory compliances under Companies Act 1956, ROC, RBI, FEMA matters PREVIOUS WORK EXPERIENCE

Jan 2006 to Apr 2007: Skytech Solutions Pvt. Ltd., Mumbai as Assistant Manager - Finance May 2003 to Jan 2006: Winsoft Exports Pvt. Ltd., Pune as Executive - Accounts ARTICLESHIP

Oct 1994 to Sep 1997: Kudva & Co. & K. D. Nichat., as CA Article



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