Manager Executive
Resume:
LAKSHMI VEDARAMAN
:
*******.*********@*****.***
SKILLS SET
Revenue Assurance
Accounts Receivables
Variance Analysis
Customer Billing & Collections
Financial Planning & Analysis
Financial / MIS Reporting
Statutory Compliances
Client/ Stakeholder Engagement
Team Management /Trainings
GST/SERF/SOFTEX
PROCESS DOCUMENTATION
IT Skills
Applications: Quick Books,
Navision, Oracle and SAP (SD &
FICO) Modules
MS Office: Excel, Word, &
PowerPoint
ACCOMPLISHED PROFESSIONAL – REVENUE ASSURANCE
Collections / Customer Billing Order to Cash Management Financial Planning
& Analysis (FP&A) MIS Reporting - 11 YEARS
MBA, M.Phil & M.Com. offering over 11 years of rich experience in managing Financial Process Operations with key focus on compliance, revenue optimization, accuracy & process excellence while working with reputed organizations in the IT /ITeS industry PROFILE SUMMARY
● Proficiency in managing complete Revenue Assurance, Accounts Receivable, Order to Cash (O2C) & Accounts Reconciliation Process Operations entailing: o Invoicing, Collections, Variance Analysis, Outstanding Control, Ageing Analysis, Customer Billing, MIS Reporting and Month-End Closing Activities o Revenue related compliances such as GST, Withholding Tax Certificate, follow-ups for claiming refund, Softex and Export related compliances
● Skilled in driving teams through result-oriented plans to improve collections, control flows to higher buckets, procure due amounts, address Customer Billing Issues and drive revenue optimisation across different lines of business
● Experienced in Financial Planning & Analysis; prepared & presented various MIS, Financial & Collection Reports / Dashboards and P&L Statements to assist sr. management / stakeholders in critical decision-making process
● Excels in leading process operations, evaluating gaps & driving Process Improvement / Automation / Audits & Reviews for enhancing efficiency, accuracy, quality, team productivity, stakeholder satisfaction, time & cost savings
● Proven talent in mentoring & training team members and enabling knowledge- sharing amongst them; problem-solver with strong negotiation and analytical skills AWARDS & APPRECIATIONS
● Received awards & appreciations on account of excellent performance like: o Winner Award for Singing in HCL Technologies - Arclights Cultural in 2019 o Team Award as Business Enablers Award for 2014-2015-CSS Corp o Star Performer Award for 2011 – 2012-CSS Corp
o Best Quarterly Performer Award –CSS Corp
o 5 Years Pillar Award for successful completion of 5 years in CSS Corp. CAREER PATH:
WORK EXPERIENCE
Since Apr’19: Maveric Systems Ltd., Chennai as Associate Manager - Revenue Assurance Team Key Result Areas:
● Administering various functions related to Revenue Assurance with focus on accounts receivable >90 days; pivotal in: o Setting-up of calls with Business Team and chasing them for collections o Preparing & publishing Weekly Pending Status to all Business Heads o Publishing Consolidated Collection Report of all entity and getting invoice details from Account Management Team
● Following-ups for withholding Tax Certificate from customer for deducted amount and claiming refund from Tax Dept.
● Ensuring timely GST filing and submitting it in online portal on or before 10th of subsequent month for debit memo, invoices and credit memo created for the month; uploading both STPI and SEZ unit wise revenue separately Nov’08 –Nov’15: CSS Corp. as
Senior Executive – Finance-O2C
Nov’15 – Apr'19: HCL Technologies
as Associate Manager (GBO
Finance)-FP&A
Since Apr’19: Maveric Systems as
Asso. Manager - Revenue Assurance
Team
● Facilitating Service Export Reporting Form in SEZ Online Portal for Export Revenue Invoices on or before 10th of every month
● Validating and posting of all entries in books on Collections, Invoices, JV’s prepared by team members in Oracle Tool
● Extracting GL Dump and validating all the entries matching with TB each month
● Preparing the Consolidated Revenue Report of all entities and sending it to top management along with variance reason
● Assisting the Treasury Team on cash flow projections based on outstanding invoices follow -ups and updates received from the business; creating PPT on Collection, Revenue, WHT and Outstanding Status to top management review meetings
● Monitoring that Exporters registered under STP & SEZ must file SOFTEX form to value software exports done by exporter; All invoices raised other than India has to be filed Softex in SEZ online portal on or before 30days from the date of invoice
● Liaising with Legal Team for new SOW copy, new customer creation and maintaining database for contract management
● Maintaining all required Process Documentation for the Team and SOP for both Oracle and for SAP new implementation.
● Assisting in preparation of Audit schedules; coordinating with both Statutory & Internal Auditors for timely audits and closing revenue related queries raised by them
● Coordinating activities to ensure streamlined process operations in adherence to timelines for closing activities.
● Leading & monitoring the performance of team members to ensure efficiency in day-to-day process operations
● Organizing trainings for team members for enhancing their process knowledge & skills. Nov’15 – Apr’19: HCL Technologies, Chennai last designated as Associate Manager–GBO Finance Team Growth Path: Joined as Sr. Executive & promoted as Associate Manager (3.5 years) Key Result Areas Across Assignments:
Associate Manager –GBO Finance Team : Jul’16 – Apr’19
● Extracted Project Profitability Report from SAP Portal, performed corporate mapping once books closure is done and send ing it to the team for getting P&L inputs; provided: o Consolidated delivery P&L to the corporate along with all variance analysis at budgeted and month-end rates o Weekly Firm and Opportunity Revenue Forecast to the corporate along with all risks and upsides
● Tracked and followed-up on reduction of un-billed and un-accrued revenue to get it billed on time
● Consolidated all month-end inputs and revenue transfer entries for line of business to corporate each month; published: o MR Report by analysing all revenue and cost components trends along with margin walk and reasons for variance o Delivery Overheads Report to the corporate on monthly basis to know the trend o Revenue Report from 26th to 4th to know the status and to forwarded them for revenue recognition o Revenue Forecast Report considering one timer, days impact & volume growth
● Monitored FPP Overrun Report by analysing all FPP projects & milestones; drove FPP certification for FPP Projects > $500K
● Provided corporate customer wise revenue and project margin each month; tracked billable Capex Indents Pending Cases with the team and led efforts to get it billed
Sr. Executive - Business Finance Controlling (BFC) Team (HCL) : Nov’15 – Jul’16
● Managed & ensured the preparation of:
o Consolidated Bills Receivable Report for all Lines of Businesses (LOBs), analysing the reasons for increase and decrease of total outstanding amount, collections & invoicing trends along with DSO days calculation o Corporate Format PPT Presentation for BR report along with chart and graphs and its circulation to top management
● Led extraction of Trial Balance from SAP, comparison of the same with MTD, YTD and preparation of P&L and B/S Statements & Cash Flow Report during monthly closing; published the Flash Revenue to the team on every month-end
● Analysed various cost components variance and provided reason for increase or decrease; asked for week wise collection commit & actual commit from the business based on month-end outstanding and drove them for getting collections
● Performed follow-up for BR > 60 days and > 90 days; asked business to check on its collection status from the customers
● Secured necessary justification from business if Non-Collectable Cases are identified entailing: o Customer mail stating the reasons for such unpaid amount, raising sanction note in workflow portal or hard copy o Necessary approvals from all levels of business and write-off the same in books along with corrective action plan Nov’08 –Nov’15: CSS Corp. Pvt. Ltd., Chennai as Senior Executive – Finance(7 Years) Key Result Areas:
● Raised Invoices on a monthly basis as per SOPs and mailed the same to customer or uploaded in their portal
● Performed Deferred Revenue Tracking on monthly basis; prepared & presented: o Consolidated Collection Report for Management Review on a daily basis o Revenue Report to top management along with Variance Analysis for all DUs and SBUs every month o Unbilled Report Status to top management
● Conducted Reconciliation of Premium Support Sales Transactions with bank credits on monthly basis
● Pivotal in uploading of Legal documents in Sales Information System by capturing all necessary details such as SOW/ MSA, effective date, end-date, payment terms, rate, HC and its clauses
● Managed audit queries and interacted with Internal & External Audit Teams (E &Y and KPMG) ARTICLESHIP
KK Srinivasan, Chartered Accountants, Trichy, (a mandatory requirement by the Institute of Chartered Accountants of India) Period: 3 Years
EDUCATION
MBA. from IGNOU in 2011; secured 1st Class
M.Phil. from Bharathidasan University, Trichy in 2005; secured 1st Class with Distinction M.Com. from Bharathidasan University, Trichy in 2002 B.Com. from Seethalakshmi Ramaswamy College, Trichy in 2000; secured 1st Class Certifications/ Trainings:
● Trained in SAP for S & D Module & FICO Module
● HDNC one-year course completed in NIIT Trichy
● Classical Singer & Classical Dancer (Bharatanatyam) - 4 years Part-Time Course Certificate from Kalai-Kaveri Institute, Tiruchirapalli
● Oracle RDBMS certification in CSC Trichy
● PMP-(Preliminary Project Management Program) training 36 hours PDU completion certificate –Feb-2020. PERSONAL DETAILS
Date of Birth : 21st December 1979
Languages Known : English, Hindi, Tamil & Sanskrit Address : Vidhya Ganapathy Flats, Plot No. 159, Door No. 3/8 B5 B Block, 2nd Floor, Brahmin (Tholkappiar) Street, Nemilicherry High Road, Nemilicherry, Chrompet, Chennai-600 044 Location Preference: Chennai
References & documentation shall be furnished as & when required
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