Accounting Manager Accountant

K N Karthikeyan

Mobile: 91-979**-***** Email: adh38p@r.postjobfree.com Location: Chennai

A Finance and Accounting [F&A] professional with 10+ years experience in F&A Operations, Customer relations, Process and Team Management.

Experienced in Transitions with 3 successful process migrations plus 2 Transitions supported as the Off-shore lead.

Have managed these functions/process areas General Ledger [RTR] Accounts Payable [PTP] Accounts Receivables [OTC] Business Analysis Intercompany Accounting Sox Compliance & Testing Account Reconciliations Budgeting & Variance Analysis

Qualified Management Accountant (ICWA) and Company Secretary (CS).

Work Experience

Took a break from Jan 2013 for personal & family reasons and now looking out for a suitable opening.

Was functioning as Accounting Manager reporting to General Manager– Finance in Ford Business Services Center [FBSC], Chennai from November 2003 till December 2012. FBSC is an in-house shared services center of Ford Motor Company, USA. FBSC serves all Ford entities in the areas of Finance & Accounts, Internal control and Operations.

Management Trainee with J.K.Pharmachem Limited, Chennai from July 2002 to October 2003.

Transition details

Dearborn - US for knowledge transfer (Finance –Accounting Systems Support)

oSuccessfully transitioned the Business Support function from Ford U.S. over two visits (Nov.2006 - March.2007). This role involves analyzing and planning resolution of system issues, interfacing with IT to provide priority, support, Business SME information and User Acceptance Testing for new Launches/enhancements.

London - UK for knowledge transfer (Finance – Intercompany and General Ledger)

oSuccessfully transitioned the GL & Intercompany Accounting function for European locations from Ford U.K (June, 2004) as the team leader for the Transition team. Was also involved in stabilization of the process after transition for North American locations.

Major Achievements:

Played a key role in preparation and maintenance of documentation like Work Instructions/SOPs and Process Maps for the process.

Handled Quality-assurance process walk-throughs on regular intervals and ensured there were no major adherence or control gaps. Led Process Improvement initiatives delivering substantial benefits on cost and quality.

Consistently achieved customer satisfaction rating of above 4 in a scale of 1 to 5. Reviewed various analysis and metrics with customers & management.

Successfully moved the Accounts Payable Function comprising 75+ people from Chennai to Coimbatore without compromising stakeholder’s satisfaction levels and meeting SLA deliverables during the entire transition process.

Job Description – FBSC roles Overall

The biggest team size handled is 75+ and took care of routine activities like conducting performance review [interim and annual], confirmations, counseling for the team & succession planning.

Constantly motivated the team by encouraging their process improvement ideas and ensuring the effective implementation of their ideas by completion of Six sigma/Lean or Kaizen projects.

Monitored and ensured compliance with the Sarbanes-Oxley[Sox] requirements, closed out reviews and audits without issues/comments.

Performed the role of a Business Analyst with regard to routine system maintenance and enhancements for the systems involving User Acceptance Testing [UAT] & Sox sign-off.

Presented various budgets of team activities like Weekly Payments Forecast [for AP], Transit postings analysis [For Intercompany] and comparison of Budgets V Actuals with variance analysis.

Accounting Manager – North America Payables & Misc roles

Managing the Accounts Payable activity for North American locations of Ford Motor Company. This included functions like Supplier queries management and handling the helpdesk

Correct and timely payment for supplier invoices ensuring the stipulated TAT is maintained [Workflow monitoring].Also ensured that there are no aged/un-processable invoices.

Have also introduced certain specific audits like review of high value invoices and payments [for instance all production invoices over 500K and all supplier payments more than a million] and review of POs in cases identified in PDR etc. This improvement helped in identification and recovery of 40 million $ incorrect payments.

Supported the AR Team and ensured Timely and correct Cash Application. Reviewed Receivable Aging and ensured that follow-up/collection is happening and steps are properly documented. Was also involved in the management of Travel & Expenses accounting.

This role also involves following up with employees who went on travel for official purposes to submit their expense reports in Ford’s Travel accounting System CONCUR and recovery of any pending travel advances. This also involves interfacing with Concur IT.

Deputy Manager & Supervisor – Intercompany Accounting and General Ledger

Led team of 40, taking care of General Ledger and Intercompany Accounting function including Month end close and account reconciliations. Played a key role in clean-up of account reconciliations by reclassification/correction and standardized the reconciliations process. Established clearer timelines and standardized the close balancing process.

Ensuring that the required adjustment entries for GL closing are passed as appropriate and ensure that approved entries requested by the operations team had been passed on a timely basis for month/quarter closing. Presented reports to senior management about the adjustment/provision entries made every quarter to maintain financial reporting accuracy.

Stabilized the overall process of account reconciliations and standardized the reconciliations process for intercompany accounting. Have good subject matter knowledge on the account reconciliations and have handled review/approval of substantial number of reconciliations

Managed IT support for the Intercompany Accounting Systems as the Business Owner and Sox compliance testing.

Management Trainee – JK Pharmachem Limited (Jul 2002 to Oct 2003)

Assisted the Company Secretary in his function for the company as a part of CS training compliance requirement. This involved processing Share Transfers and preparing the agenda and minutes for Board of Directors and General Meeting. Was also involved in compliance with listing agreement requirements.

Academic Qualifications

CWA (Cost accountant from Institute of Cost & Works Accountants of India)

CS (Company Secretary from Institute of Company Secretaries of India)

B.Com, Madras University, Chennai

PGDCA from SSI Ltd, Chennai.

Trainings & Certification

Bullet Proof Manager training.

Ford India Finance skills Program.

Accent Neutralization Training Program.

Lean 6 – Sigma Project Champion Workshop.

Supervisory Skills Program.

Training on business communication, inter cultural skill and client management.

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