Manager Accounting

+91-801******* https://www.linkedin.com/in/ca-ranjan-ray-chaudhuri/

*********@*****.*** Chennai, Tamilnadu, India

A self-driven, motivated and detail-oriented finance professional, skilled at managing all Financial Operations. Experienced in developing and allocating budgets, managing financial accounts, conducting reports and revenue forecasts, P&L responsibility, assisting board members in strategic decision making, coordinating with other operational teams to resolve core issues. A Chartered Accountant with over 18 years of experience, with excellent analytical skills, leadership & team management skills, strong attention to accuracy, with the ability to work under pressure. Strategic Planning Budgeting FP&A Treasury function Statutory Compliance Legal matters Taxation PROFESSIONAL SYNOPSIS

Technical proficient: Finance and accounting; financial planning, analysis & reporting; statutory and regulatory compliance matters; budgeting, forecasting & analysis; P&L responsibility; tax matters; cash flow & fund flow management; banking & treasury functions; AP & AR management; implementing internal controls

& procedures; investment strategies; banking; business and pricing strategies; secretarial matters; investors relationship; board reporting; auditing; monitoring invoicing and revenue recognition; purchase & procurement; human resources; administration; etc. Expertise in Singapore, South African and other overseas accounting, tax and statutory compliance matters. Also have exposure in Credit Analysis and Commercial Legal matters.

Industry knowledge: EdTech; Commercial Banking; Information Technology; Human Resource and Consulting; BPO and NBFC. Strategic perspective: business strategy development and implementation; tax planning; company restructuring and re- engineering; business plans; pricing strategy; identifying product lines; budget ownership.

Leadership: team building; vision; focus on bottom line and long term goals; motivation.

CORE COMPETENCIES

Number of years

Finance Controllership 13

F & A Operations and Reporting 16

Budgeting, Forecasting & Analysis 16

Treasury Functions & Cash Management 15

Process & Organizational Improvements 12

Accounting/Audits /Internal Control/Tax 15

Strategic Planning & Leadership 8

Statutory & Legal Compliance 14

Investors’ relation/ Funding matters 8

Commercial Operation /Cost Control 12

Liaising & Coordination 16

ERP Implementation & Other functions 8

CAREER TIMELINE

Sankhyaa Leaning (P) Ltd ICICI Bank Ltd. Ma Foi Management Consultants Ltd. Birla Home Finance Ltd. Head Finance, Accounts & Admin Credit Manager Manager Finance & Accounts Branch Accountant DEC 2009 – July 2020 NOV 2007 – DEC 2009 OCT 2004 – NOV 2007 NOV 2002 – APR 2004 IT SKILLS & PROFICIENCY

Well conversant with the use of :-

Windows, Unix, MS Office, Open office, Tally

7.2 & 6.3, and Tally ERP 9.0

ERP - Oracle and Microsoft Dynamic Great

Plain

INTERPERSONAL SKILLS

Ability to work under pressure & to deadlines

Great motivator and team leader

Excellent Leadership qualities

Problem solving skills

Attention to details

Decision maker

Negotiator

EDUCATION

Chartered Accountancy - May 2002

The Institute of Chartered Accountants of India

Professional Affiliation - Member of ICAI

Bachelor in Commerce - July 1995

University of Calcutta – Kolkata, India

CERTIFICATIONS

Completed Oracle Application Developer and Web

Deployment Master Course conducted by ORACLE

CORPORATION from STG INTERNATIONAL LIMITED.

(Course content - Oracle 8i, Designer 2000,

Developer 2000, Oracle Application Server).

Work History

(Dec 2009 > July 2020)

Growth Path:

Apr’2014 – Jul’2020:

Head Finance, Accounts & Admin

Dec’2009- Mar’2014:

Sr. Manager Finance & Accounts

Significant Achievements:

Successfully

Developed and implemented robust

accounting systems & procedures

leading to accounting efficiency.

Instrumental in setting up the Finance

and accounts department.

Instrumental in structuring and

implementing policies, processes,

procedures, internal controls & checks

for the finance & accounts and

purchase functions.

Recognized for managing expenses

and commitments of the company

during acute financial crisis without

affecting the business flow.

Recognized for recovering tax refund

to the tune of Rs 3.6 Crore within 2

months from ITAT order through

repetitive follow-ups with the ITO.

Instrumental in structuring &

developing project specific timesheet

in coordination with technical team.

Generated additional income through

proper investment of un-utilized funds

which contributed around 7-9% of the

PBT year on year.

By improving collections the DSO was

improved from 93 days to 29 days.

Sankhyaa Learning (P) Ltd. - (HeyMath!), Chennai - India Head of Finance, Accounts & Admin

Mainline responsibilities - steering the F&A function of the Group

(consisting of 5 Associate companies) while reporting to the Group Managing Director. This includes setting up of the finance department, implementing internal controls & procedures, finalization of accounts, tax and other statutory compliance matters of each associate companies in UK, US, Singapore and South Africa. Oversee, direct, and organize the functions of the finance, HR and admin departments with 10 direct reports.

Key Accountabilities & responsibilities

Instrumental in setting up the finance department and implementing financial controls & procedures. Ensuring that financial processes are robust, efficient and effective. Designed, implemented and monitored internal controls for the purpose of ensuring strict compliance and protecting the integrity of the company’s assets. Capex budget formulation and capex management for the new and existing assets.

Leading the formulation of the company’s strategic plans and direction, integration of strategies, annual budgets and periodical forecasts.

Closely collaborate with the company’s founder & CEO to guide HeyMath! through its planned growth initiatives and targeted profitability, expansion strategies, pricing strategies, financial modeling, investment strategies & risk analysis, investors’ relationship, due diligence and fund raising activities, including legal documents validation. Provide financial analysis to the Board members with recommendations for cost reductions; optimize resource utilization for improving profitability. Advising board members on legal and HR matters.

Responsible for general F & A operation, finalization of accounts that complies with relevant accounting standards, audit, controls & compliance of regulatory and tax matters, corporate secretarial matters, etc.

Managing cash flow and working capital requirements, other treasury functions which include interaction with banks, Forex contract negotiation and fund requirements for the entire group.

Authorizing procurement and payment functions, Accounts Payable

& Receivable management. Ensure the internal processes are robust, efficient & effective. Oversee general admin functions.

Effectively managing relationships with F & A service providers such as banks, treasury management groups, insurance companies and other consultants.

Nov’2007 to Dec’ 2009

Significant Achievements:

Successfully

Played a key role in structuring the

deal based on proper understanding of

customer’s fund requirements after

adhering to banks security norms.

Cleared the backlog proposals and

streamlined the same.

Oct’2004 to Nov’ 2007

‘From June 2006 to January 2007 was on a

dual role - heading the accounts department

of MCSL (a subsidiary company of MMCL) and

the accounts department of Chennai Branch.

Finalized accounts for MCSL and Minvesta

Infotech Ltd. (a group company of MMCL) for

the year 2006’

Responsible for providing analysis of management accounts and financials, manpower and operational data/performance metrics, profitability and cost benefit analysis, ratio & variance analysis, communicates findings and risks, provide suggestions to improve margins and optimize resource utilization. Also assist other teams involved in key projects implementation. Analysing and interpreting the AR aging report for status update on outstanding receivables and highlighting the same to the CEU team with corrective actions.

Enforced adequate controls are installed and that substantiating documentation was approved and available such that all purchases and other expenses may pass independent audits. Maintaining strong financial controls and cost control measures within the company through regular process and policy review as well as staff training. Ensure efficient utilization of resources.

Tender/Bid document validation, contract negotiation, legal business contract drafting and validation, tax matters across group companies, advising top management on corporate re-structuring along with tax and other compliance matters of each location. Price negotiation with vendors and other third parties.

Liaising and communicating with Banks / STPI /RBI/ Income tax authorities including representation before ITO and CIT Appeal relating to assessment and appeal matters.

Performance measurement, internal HR policy formulation and improvements, general admin matters etc.

ICICI Bank Limited, India

Credit Manager

Key Accountabilities & responsibilities

Financial Credit & Viability analysis of the loan proposals, preparing the CMA, risk determination of loan portfolios, restructuring of loans etc., Industry analysis, Inter firm comparison, Exposure calculation of the proposals & over-all industry exposure from bank's overall portfolio exposure. Structuring the proposals with a brief write-up about the loan proposal - highlighting the key parameters including risk factors and its mitigates, presenting the case before the sanctioning forum

Reverting to Audit queries for both pre-sanction and post sanction audits.

Ma foi Management Consultants Ltd. (MMCL), Chennai Manager Finance & Accounts

Key Accountabilities & responsibilities

Managing a direct 5 member team along with 15 cross reportees across 11 subsidiaries spreading across multiple locations like US, UK, Singapore, Malaysia, Thailand, Dubai, Bahrain, Abu Dhabi, Oman and Sri Lanka.

Monitoring debtors movement of each overseas location - This includes reporting, analysing and interpreting the AR aging report for status on outstanding receivables and highlighting the same for corrective action to the respective Country heads of each location. Significant Achievements:

Successfully

Instrumental in implementing, testing,

process mapping and migrating data to

Microsoft Dynamics Great Plains - ERP

software from the current accounting

system.

Integration of Finance online with

Great Plain ERP.

Training the entire finance team on

Microsoft Dynamics Great Plains.

Cleared the backlog queries of RBI in

relation to APR filing for subsidiaries

for previous two years.

Nov’2002 to Apr’ 2004

Significant Achievements:

Successfully

Instrumental in implementing PDC

management process and generating

exceptional report for collection

department

Significantly improving the whole accounting system and staying up-to-date with current financial laws and regulations.

Preparation of Consolidated Overseas Financial Statements.

Analysing and presenting financial reports in an accurate and timely manner to the company’s founders, CFO and other executives.

Monitoring Forex movements & adherence to RBI and FEMA regulations.

Cost analysis, Revenue target set up in consultation with Country Heads and Group CFO, Budgeting, Forecasting and variance analysis of subsidiaries, Preparation of Cash flow Statement, ensure statutory compliance of each Overseas Subsidiaries.

Coordinating with Bank, Service tax Department, Reserve Bank of India, Internal Auditor & Statutory Auditor.

Analysing and reconciling inter-company balances.

Coordinating with the respective Country Heads and Accounts Mangers to evolve systems and tools to enable a better sense of financial control and discipline within the Business unit. BHW Birla Home Finance Ltd., Kolkata

Branch Accountant

Key Accountabilities & responsibilities

Responsibilities includes Accounting, Finalisation of Branch Accounts till TB Stage and MIS reporting to HO.

Reporting & Analysis of Home Loan Statement, Compliance with Statutory matters including NHB guidelines.

Monitoring & Analysis of Debtors as per the NHB Guidelines.

Fund Management at the Branch level and reporting to HO Treasury.

Variance analysis of Expenditure vis a vis budget

Recovery Report of Debtors, Business Reports of Sanctions and Disbursements.

Managing FD Operation mobilized at the Branch and monitoring the functioning of recurring deposit department for the product called

‘Easy Home Loan Deposit Scheme’.

Vendor Management, procurement and payments.

PDC Management, receipts and banking operations. INTERESTS

Sports - Swimming, Cricket, Football and Badminton Others - Painting, Cooking and reading Medical journals Actively participated in various Social Service Projects and Events

REFERENCES

Available on request

PERSONAL PROFILE

Date of Birth : 26th October 1972

Linguistic Abilities : English, Hindi, Bengali

PROFESSIONAL INTERESTS

Internal control weakness diagnosis, General

Management, project/risk management, technology

improvements, financial analysis etc.

Contact this candidate