Sriram V Iyengar
Gender : Male
Email, Contact nos & Address
Primary Email: adbolh@r.postjobfree.com / Alternate Email : adbolh@r.postjobfree.com Permanent Address
D2 Block, Flat No 306,White House,15th Cross,
6th Main Road R T Nagar Bangalore 560032
Mob : +91-984*******/ Res : 080-********
Country of Citizenship/ Location : INDIA, Bangalore Location Preference : INDIA, Bangalore
Education Qualification
B.Com Degree Calcutta University – 2nd Division
ICWA Professional degree 1997
Total Experience : 20 years
Years of Relevant Experience : 20 years
Notice Period : 1 Month
Position applied for : Senior Manager Accounts/ Finance Manager, Accounts Manager/ Controller, Senior role in Accounts and Finance,
Languages Known : English, Hindi, Kannada*, Bengali,* tamil *
* Speak only
Current Organisation :
Working at Arcadis India Pvt ltd as Head of Accounts -June19. As part of restructuring / business recession/ order – downsizing of manpower has commenced from Dec 2019
Job Profile includes Oracle based MIS reporting/ Accounts Payables/ Finalization of Monthly Accounts/ Multiplier analysis/ Business wise profitability/ Statutory Compliance adherence/ General Accounting/
Brief Synopsis of Experience
As a finance professional am Resourceful and Mult-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 .
During my tenure with reputed companies as given below have 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.
SYNPOSIS OF ROLE AND RESPONSIBILITIES ( Last 2 Companies) Company Details Designation From To
Indo Nissin Foods
Limited
Senior Manager-
Accounts
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 Initial GST Project Team ( Upto Aug 17)
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 Reason for Change /Resignation (Family Personal Reasons/ Sabbatical) Voluntarily resigned from last position due to Family Personal Reasons ( Immediate family member (Mother) health problem ) and treatment concluded for Cancer (1.5 years (Sept 17 to Sept 18 with follow upto Feb 2019
Other Details :
Last CTC : 22 lacs per annum
Company Details Designation From To
APW President
Systems Ltd
Finance & Accounting
Manager
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
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
Company
Position Held Duration Reason for
Change
Period
Indo Nissin Foods
Pvt Ltd (FMCG)
Senior Mgr.
Accounts
4.8 yrs * Please refer note
above
2012 -2017
APW President
Systems ltd (
Hardware)
Manager
Accounts
3 yrs Travel time * 4 hrs
daily affected health
2009 -2012
Tyrolit India Pvt
Ltd (Consumable)
Manager
Accounts
3 yrs Unit closed down due
to global recession
2006 -2009
BP Ergo –
(Ergnomics)
Manager Accts 1 yr Transfer to Mumbai 2006 ( part of year)
SKF Bearings Ltd
– (Component
Automotive)
Asst. Manager 2.5yrs Career Prospects 2003 -2005
Rallis India
Limited (Tata
Grp)-
(AgroChemicals)
Asst. Manager 4.5 yrs Promoted Tfr North 1998 -2002 Alcatel Business
Systems –
Senior Acct
Executive
2 yrs Career Prospects &
ICWA final exam
1996 – 1997
(Communication)
Varkey Group-
Dubai – (Trading)
Senior
Accountant
2 yrs Contract 1993 -1995
Amco Batteries
Limited
(Automotive
Component )
Accounts
Executive
3 yrs Appearing for
Professional Exam
1989 - 1992
Main Focus Areas ( Accountabilities)
Leadership Role :
Overall responsibility of the Accounts and finance department ( reporting to GM commercial / CFO), role which included interaction /support with cross functional internal departments, ensure compliances, support 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 Reporting of 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 . Review plan on monthly profitability discussions with cross functional heads to improve profitability Segment wise profitabily reports to functional heads for their review 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, Compliances Functions
Adherence to timely deduction and discharge of payments for all Statutory dues of the company in interaction with cross functional teams. Active team member for discussion with senior management for tax related matters with the support of appointed representatives/ consultants / professionals
Others
Adherence to Corporate Management Accounting Policies and Accounting Guidelines of Local GAAP, Finance Process Improvements, Advance planning for Funds requirement, meeting with functional head ( marketing) for collections as per ageing cycle, escalation to Top management for any major decisions regarding collections, write offs, and any other PL impacts on results of the company 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
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. Computer Skills
Microsoft Office : Proficient User MS Excel / word & General User of Power Point
Accounting software : Oracle 11i/ In-house Accounting Packages/ Tally