Manager Accounting

T.SIVAKUMAR

E-Mail: ***********@*****.*** ~ Mobile: +918********* +91-984*******,

~CHIEF FINANACIAL OFFICER / CONTROLLER~

Planning & Analysis Finance & Accounts Commercial Operations / Management Compliance

SYNOPSIS

Corporate Finance Professional offering 25 years’ rich experience in Strategy Planning, Corporate Finance, Controllership, Accounting, Audit, Taxation, Working Capital Management and MIS with well-known Global organizations. Proven abilities in enhancing financial processes and systems, reviewing complex financial data to facilitate business and financial growth. Distinction of designing and implementing internal control systems to make business processes more robust in organisations worked with. Expertise in:

• Finance operations • Liaison/Policy/Procedure Development

• Financial Planning & Analysis • Business Finance Support

• Budgeting/ Forecasting/MIS • Commercial Negotiations

• Core Accounting including US GAAP • ERP and Systems (Oracle,SAP and JD Edwards)

• Hyperion,BPC and Cognos Reporting • Auditing / Compliance

• Tax Management • Logistics, Quality and IT

• Risk Management • Treasury Management

Accomplished in negotiating on working capital limits and terms with Banks. Proficient at maintaining cordial business relationships with various Government Bodies and External Agencies. Well versed with financial accounting and reporting including standards under IGAAP and USGAAP. Well versed in project finance process for renewable energy industries.

The academic background in Finance and work-experience has helped in building skills in Strategic Management activities of a multidisciplinary nature. Enterprising leader with a solid record of contributions leading to lowered risk, heightened productivity & enhanced internal controls. A forward thinking person who is team oriented, proactive and a confidential partner to senior management. Exceptionally well organized with a track record that demonstrates self motivation, creativity and initiatives to achieve both personal and corporate goals.

CAREER RECITAL

Head of Finance,Brookfield Renewable – Terraform Global ( previously Regional Controller with SunEdison ) – Mumbai

From Oct’12 to Dec’17 – SunEdison

From Jan’18 to Nov’19 – Terraform Global – A Brookfield Renewable company

Highlights:

Provided leadership for regional controllership function for APAC region consisting of India, South East Asia, Japan, China, Australia and South Africa covering Renewable Energy projects close to 700 MW.

Led team of talented professionals to provide Accounting and controllership support for EPC, O&M and Operating power project entities in renewable energy business.

Managed Cash flow for the EPC and operating power projects ( SPVs) effectively.

Handled complex deconsolidation of project entities in South Africa under highly complex entity structure.

Distinctively provided high level of finance support for business.

Utilized Lean methodology to improve Finance processes and cost savings.

Managed budgeting and forecasting forecast effectively to make sure budgets and forecasts reflect business realities without any surprise to Corporate .

Effectively closed Statutory audits for more than 50 legal entities

Established cadence for submission of periodic ( mainly quarterly ) financials to lenders and investors as per covenants in debt agreement and share purchase agreement.

Closely engaged in the successful IPO for Emerging Market Yieldco called Terraform Global for SunEdison

Provided Controllership support for Mergers and acquisitions of renewable energy projects in various stages ( from projects under development to projects up and running, generating energy revenue)

Implemented new system to automate finance processes like Concur for travel expense and blackline.

Successfully closed internal audit open issues and made sure SOX controls are complied with

Managed cash repatriation process for the Tearraform Global Yieldco for quarterly dividend commitments

Supported business development team in various prestigious bids for Renewable projects of SECI, NSM, TANGEDCO in India, DEWA in UAE and DOE in South Africa

Contributed significantly for the 10Qs and 10Ks of SunEdison and Terraform Global

Done refinance initiatives for new acquired projects

Finance Controller with Tektronix India, Bangalore

Jan’10 to Sep’12

Highlights:

Holds the distinction of providing finance leadership to the commercial business (business size USD 50 million) of Tektronix a leader in Electronics and Communication Test and Measurement sector as well to the Engineering R&D operations with total headcount of 200.

Gained good exposure in direct corporate taxation esp. issues in multinational business environment like transfer pricing as well as in all TDS procedures.

Knowledgeable in all major corporate and economic legislation. Experienced in forex laws and procedures.

Extensively worked across commercial and business finance like Discount Management, Margin Control, Project Sales Management, A/R Collection, Inventory Forecasting and Finance Support for Channel management, Strategic Partnerships.

Distinctively provided high level of finance support for business.

Utilized DBS and Lean Tools to improve Finance processes and cost savings.

Effectively closed Statutory / internal audit issues of past 3 years in one year.

Successfully concluded SVB order without loading.

Reduced costs in clearing, forwarding and demurrage by various initiatives.

Finance Manager -Life Sciences Business with GE Healthcare Biosciences Ltd., Chennai

Apr’04 to Dec’09

Highlights:

Managed the balance sheet size of USD 40 MM.

Proficiently worked in compliance with Corporate Tax, FBT, TDS, Service Tax, Customs and VAT laws.

Accounted for the steering and development of 6 direct reports.

Significantly contributed in forecasting and planning aspect to help the India business with near 100% forecast accuracy.

Assisted commercial team to improve the Gross margin from 60% to 65% in 2006 by process improvement and better financial data support.

Effectively led accounts reconciliation exercise satisfying 7 GE criteria for last 8 quarters in electronic tool.

Managed to reduce DSO (days of sales outstanding) from 125 days to 90 days.

PRECEEDING ASSIGNMENTS

Finance and Operations Manager in Amersham Biosciences Ltd., Chennai Jan’00 to Apr‘04

Finance Manager with Pharmacia Biotech Asia Pac Ltd., Chennai Oct’93 to Dec’99

Finance Manager with Senthur Shoes Ltd., Chennai Aug’92 to Sept’93

ARTICLESHIP

Articled Clerk with Perumal & Company, Chartered Accountant, Chennai Jun’89 to Jul’92

IT FORTE

General Packages: MS Office Products

ERP and Accounting Packages SAP, JD Edwards, Oracle and Tally

Other Business Applications: Business Objects, Cognos Finance, Oracle Discoverer, Hyperion, BPC

ACADEMIA & CREDENTIALS

1992 A.C.A. from The Institute of Chartered Accountants of India

Passed at the first attempt both Intermediate & Final exams.

1990 ICWA from The Institute of Cost and Works Accountants of India

Awarded Certificate of Merit for clearing both groups in Final exam at the same time.

1991 M.Com. form University of Madras.

1989 B.Com. from University of Madras.

1986 Higher Secondary from TN Board of Secondary Education.

TRAININGS ATTENDED

Certified Internal Auditor from Lloyd’s Registry of Quality Assurance, 2002.

Six Sigma and Lean Six Sigma Training 2005 & 2006.

Controllership - GE Advanced Training Systems – 2005.

AFMC – Analyze - GE Advanced Financial Management Courses – 2006.

USGAAP - GE Advanced Training Systems – 2006.

New Manager Development Course – GE Management Training – 2008.

Dahaner Business System (DBS) Training – 2010.

Six Sigma Green Belt Training.

Advanced Financial Management Course, Leadership courses of GE.

Lean techniques like Kaizen, VSM.

PERSONAL DOSSIER

Date of Birth 1st April 1969

Address Flat No. 2B, Shiyam’s Brindavan Apartments, No. 88 4th Avenue, (above Sony

Showroom), Ashok Nagar, Chennai 600 083

Tel No.: +91-44-421*****

Languages Known Tamil, English and Hindi

Preferred Location Chennai

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