Manager Accounting

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Lakshminarayanan V

Chartered Accountant

Chennai, TN, 600033

994*******

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• Motivated Director of Finance with more than 23 years of proficiency in identifying and analysing trends and partnering with Operations in delivery of key financial matrix

• Action-oriented individual with experience in tracking actual business results against forecasts, IGAAP/USGAAP Audits and SOX/Internal Audits

• Managing Working Capital and investment proposals

• Product profitability & comparison with targets and working with cross functional team on profitability improvement

• Transfer pricing and intercompany pricing of products

• Hands on experience in indirect taxation

• Offering exceptional issue resolution and staff training skills

• Managing Shared Service Centre

Skills

Handling data migration from multiple systems

MFG PRO (QAD) working knowledge

Budgets, forecasts and long-range plan

Conceptualized and established Shared Service Centre Balance Sheet Reconciliation and establishing controls various processes in Shared Service Centre

Work History

Director Finance

Flextronics Technologies India Private Limited, Chennai, Tamil Nadu

• Head of Finance for Printed Circuit Board Assembly business catering to major cell phone brands and automotive customers having annual revenue of US $1B

Apr 2019 – Aug 2020

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• Partnering with Operations in delivery of key financial matrix

• Evaluation and monitoring of investment proposals

• IGAAP/USGAAP/SOX/Internal Audits

• Working with Global Support Services on Direct / Indirect taxation

• Working with Global Treasury Team on Cash Management

• Managed team size of ~20 with 3 direct reports

Regional Finance Controller

Lear Automotive India Private Limited, Chennai, Tamil Nadu

• Head of Finance for 3 Chennai Plants manufacturing Automobile Seat Kits for major automotive OEMs in Chennai with annual revenue of US$100M

• Established Shared Service Centre handling AR, AP, Balance Sheet Reconciliations and Expenses accounting for 3 Chennai Plants

• Managed team size of ~20 with 4 direct reports

Senior Cost Accounting Manager

Gilbarco Veeder Root India Private Limited, Coimbatore, Tamil Nadu

• Data Migration from multiple accounting systems to SAP

• Established system for group reporting in Hyperion / HFM from SAP

• Established system for preparation and review of monthly financials and review with Director Finance

Head of Finance

Actavis Pharma Manufacturing India Private Limited, Chennai, Tamil Nadu

• Arranged a term loan of INR 200 Million from Tamilnadu Industrial Investment Corporation (TIIC)

• Merged 2 units having separate Excise registration into a single Excise registration

• Ensuring timely collection of export rebate incentives from government department

Finance Controller

Tempel Precision Metal Products India Private Ltd, Chennai, Tamil Nadu

• Established green field manufacturing set up in a SEZ (Special Economic Zone)

• Transfer pricing documentation for assets / raw materials from parent company Tempel Steel Company, Chicago

• Tied up External Commercial Borrowing (ECB) of US$1B with parent company Tempel Steel Company, Chicago

• Customized Tally Accounting ERP for USD functional currency Manager Finance & Accounts

Dhanvantri Enterprises Private Limited, Pondicherry

• Partnering with Godrej Sara Lee for manufacturing of Mosquito Repellent Coils on sub contract basis

• Partnering with Director Operations on getting necessary approval from Jul 2012 – Apr 2019

Jun 2010 – Jun 2012

May 2008 – Jun 2010

Dec 2005 – May 2008

Mar 2002 – Dec 2005

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authorities for manufacture of pesticides

• Monitoring key cost parameters viz. Direct Labour Cost, Furnace Oil Consumption and other variable costs

• Ensuring timely payment of interest on borrowing from Shareholders Accounts Controller

Modi Telecommunications Limited, Chennai, Tamil Nadu Assistant Manager Finance

The India Cements Limited, Dalavoi, Tamil Nadu

Education

Chartered Accountant: Finance & Accounts

Institute of Chartered Accountants of India - New Delhi Cost & Management Accountancy: Cost &

Management Accounting

Institute of Cost Accountants of India - New Delhi Bachelor of Commerce: Accounts & Commerce

D G Vaishnav College - Chennai

Accomplishments

• Saved tax of INR 3 Million by convincing E&Y to claim deduction of leave encashment liability taken over by Gilbarco Veeder Root India from L&T on payment to the employees

• Appreciated by CFO of Gilbarco Veeder Root for contribution in purchase price allocation by analysing inventory taken over from L&T to identify the excess and obsolete stock

Languages

English

Hindi

Tamil

Additional Information

Date of Birth: 15th Sep 1969

Marital Status: Married

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Jun 2000 – Mar 2002

May 1996 – May 2000

Jun 1989 – Nov 1992

Dec 1987 – Jun 1990

Jun 1986 – Mar 1989

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