Accounts Payable Receivable

VAMAN HV RAO

Chikkalsandra, Bangalore–*** ***

Phone: +91-994**-***** E-mail: **********@*******.***

ACCOUNTS PROFESSIONAL

Career Objective: Seeking challenging assignments in Finance & Accounting that will give me an opportunity to utilize my existing skill set to enrich my professional goals

PROFILE

Commerce graduate with 20 years of experience in Accounting and Finance domain. Presently, associated with a startup, Incisive Biz Services LLC, Texas US as Controller – Finance & Accounting.

Expertise in Finance & Accounts functions: Controllership, General Ledger, Accounts Reconciliation, Financial Analysis, Accounts Receivable, Accounts Payable, Month-end Closing, MIS Reporting, Preparation of Accounts Ledger, and Finalization of Books.

Fair knowledge about US Federal tax filing – 1120, 1120S, 1065 & 1040.

Expertise in formulating and implementing Corporate Accounting Policies and Procedures with the ability to put theory to practice.

Experienced in managing statutory audit of Books of Accounts.

Ability to identify and pitch for Process Re-engineering opportunities.

Reviewing Financial reports for accuracy before publishing it to stakeholders

Team management & annual performance review.

CORE COMPETENCIES

Controllership Accounts Receivables/Payables GL/Account Reconciliation Inter-Company Fixed Asset Management Financial Reporting Audits/Compliances/Controls Reports and Documentations

Process Management & Delivery Process Transition Team Management and Training

PROFESSIONAL EXPERIENCE & DEVELOPMENT

Incisive Biz Services LLC dba Vividcfo Feb’2022 till date

Controller- Finance & Accounts

Key Result Areas:

Coach and Mentor team member in query handling.

Monitoring day-to-day activities.

Monthly payroll processing in ADP.

Annual federal tax filing – 1120, 1120S, 1065 & 1040.

Monthly & Annual sales tax and franchise tax.

LLC formation and Unemployment state registration

Co-ordinate with AP, AR & GL team to resolve queries on process and highlight any dependency in process with client.

Manage and mentor team in month close activities: Accruals, Prepaid, Fixed Asset capitalization, P&L and Balance sheet trend review.

Review financials to ensure accuracy before delivering to client.

Consero Solutions India Pvt Ltd. Oct’2012 till Feb 2022

Assistant Controller

Key Result Areas:

Coach and Mentor team members in query handling

Monitoring day to day activities

Co-ordinate with AP, AR & GL team to resolve queries on process and highlight any dependency in process with client

Manage and mentor team in month close activities: Accruals, Prepaid, Fixed Asset capitalization, P&L and Balance sheet trend review

Review financials to ensure accuracy before delivering to client’s CFO

Review of Inter-company balances to ensure there are no variances

SUBEX LTD. May’2008 till Oct’2012

Senior Executive – Accounts

Key Result Areas:

Solely responsible for handling the complete activities of Inter-company Accounting of Subex group (EMEA, APAC & Americas)

Goods Service Tax for Subex Asia Pacific Pte Ltd & Australian branch

Variance analysis of Actual v/s budgeted expenses

Passing journal entries for Rectification, Provision, Cost Allocation and etc. during month end

Monthly calculation of interest on Working Capital & Securitization

Monthly reporting of Debtors, Collection, Billing, Outstanding invoices to be collected to ECGC (Insurance co.) with whom Subex Ltd receivables were insured

Monthly preparation of Receivables statement to be submitted to bank

Reconciliation of AR Securitization as per the Bank

Key Applications Used: ERP Package: Oracle-R12.

Awards & Recognition

Awarded “Pat on the Back” for successfully completing Inter-company activity for SEP 2008 quarter end

Awarded as ‘Star’ in Q1 FY 11 for meeting the business requirement towards securitization to be done with bank

Successful recovery of excess interest charged towards Working Capital interest, amounting to Rs 12lac in Q1 FY11

DELL INTERNATIONAL SERVICES Oct’2004 till May’2008

Group Lead

Key Result Areas:

Associated with EMEA Process - Account Receivables - EMEA Credit Verifications team & Refunds.

Daily work allocation to team members and mentor the team in achieving targets.

Responsible for approval of refunds to customers and preparation of related reports.

Responsible for processing of credit notes, manual & re-invoices, debit notes & refund to customer’s bank account/credit card.

Was key contributor in transition of debit memo process from Bank Reconciliation team & pilot batch member of NORBEN Refunds

Was the Lead in handling and managing the following key activities:

oEnsure team is clearing all open Debit Memo’s and Credit Memo’s as a part of Clean up activity on AR ledgers for Belgium and Netherlands region customers

oCustomer Satisfaction Audit – This involves preparation of audit report for every quarter and getting approval from the business partners for the same

Key Applications Used:

ERP Package: Omega 11.03 and Oracle 11i version.

Web Application: DELLSERV – Input Tool, CITIDIRECT – Output Tool (Online Banking), BIBIT Online Banking Website to Refund on Customer’s Credit Card, GEDIS

Awards & Recognitions

Awarded the “Rookie of the month” for Nov, FY04.

Awarded the “Best Performer” for FY05 from the Amsterdam Business Partner- An award from the Business Partner recognizing the key contributions of an associate/individual contributor.

Awarded the “One Dell Award” for Nov, FY05; “One Dell Award” Dec, FY06, Intra R & R “Best Performer” for Apr, FY07 & “One Dell Award” Nov, FY07.

INDIGO LEVER SHARED SERVICES LTD, (Subsidiary of HUL) Feb’2004 till Oct’2004

Trainee Associate

Key Result Areas:

Entrusted with the following key activities:

oHandle accounts payable of HUL units. Process inter unit transfer Debit notes to different units.

oGenerate Trial Balance and exporting the same to H.O.

oPreparation and sending monthly schedules to the units.

Key Applications Used: ERP Package - MFG Pro

EDUCATIONAL & PROFESSIONAL CREDENTIALS

BACHELOR OF COMMERCE – 2003 - Mahajana’s First Grade College, Mysore

Date of Birth: 28th October’1981;

Language Proficiency: English, Hindi & Kannada

Hobbies: Traveling, trekking & swimming

Permanent Address: Same as above

References: Available on request

Contact this candidate