VENKATESH B.A.

Mobile #: 8884028567 / 9845611387

Email: bavenkatesh@yahoo.com and bavenkatesh9@gmail.com

Professional Summary:
 An astute, result-oriented leader with 10+ years of experience in Multinational
Organization managing finance and accounting operations.
 Presently associated with HP Computing & Printing Systems India Pvt Ltd, Bangalore
as a Finance Controller. Managing a portfolio of Global Record to Report.
 Managerlevel leadership assignments in Finance & Accounting, Reconciliation, Statutory
Compliance, Financial Planning analysis with a high growth organization
 Having Onsite experience (USA) for Record to Reports - Taxation, Order to Cash and
Financial Planning & Analysis.

 Played key role in:-

 Record to Report - R2R  Financial Planning and Analysis
 Procure to Pay – P2P  BSR, Reconciliation &Treasury
 Order to Cash– O2C  Direct Tax and Indirect Tax
 Internal Audit  People Management

Educational Qualification
MBA- Banking & Finance 2010 Alagappa University, Madras
Master of Commerce 2008 Karnataka State University, Mysore
Bachelor in Commerce 1996 SeshadripuramCollege, BangaloreUniversity

Software skills: SAP EP1, BPC, Blackline, Microsoft Dynamics, Hyperion,

Peoplesoftand Yardi Yoyager.

Career Overview:
 As a Financial Controller for the portfolio ownership of the Finance and Accounts, Tax,
Reconciliation,FP&A, and KPI reports.
 Responsible for monthly close process, accounting controls, accounting operations
process ensuring accurate financial reporting & analysis as per requirements.
 Coordinate and support financial control management including planning, forecasting,
reporting, headcount planning, tracking and expense monitoring.
 Reviewing all the assigned processes in order to identify opportunities for quality and
process design improvement. Support the annual planning and budgeting process,
ensuring consistent and accurate data capture.
 Demonstrated excellence on Revenue Recognition periodic reporting on various
parameters analysis, Balance Sheet & Periodic Profit & Loss / Cash Flow analysis and
Group Consolidation to the Leadership on Enhanced Accuracy within accepted
turnaround time with effective communication of exceptions and observations for
various Country Profile Reports, Global Meets and Compliance Reviews.
 Demonstrated excellence in ensuring compliance with applicable policies and regulations
and preparation of review checklist, TAT reports and KPI reports.
Employment Profile
Current Employer : HP Computing and Printing Systems India Pvt Ltd.
Designation : Specialist Financial Analyst III – (Finance Controller)
Period : 05thDecember 2015 till date.

HP Inc.is a provider of personal computing and other access devices, imaging and
printing products, and related technologies, solutions and services.

Presently managing Global Record to Report - Controllership

As a Finance Controllership Operation team involving to drive e2e F&A process, Taxation,
Reconciliation, Reports and Process standardization.

 Responsible for preparation and end to end review of month close activities.
 Responsible for preparation and review of Indirect Tax-GST/ VAT / Withholding tax
from across the globe for APJ, EMEA and AMS region.
 Responsible for review Balance Sheet reconciliation for Global accounts and analyze
provisionand accruals with Stake holders and regional controllership.
 As a part of Internal Audit team, interaction with stake holders to understand the local
compliance and preparation of process flow / SOP/ Checklist for respective regions.
 Responsible for India GSTprocess and working on filing monthly returns.
o Review & verify GST workings, Input / Output Analysis and BSR analysis.
 Appreciation email from management for implementation of India GST.
 Coordinate and preparation of budget and financial forecasts and report variances.
 Implemented automated WHT checklist, where the Bad debts are reduced in high
numbers which in turngrowth Cash flow impact.
 Liaison with Internal Automation Department to increase efficiency and
improvements.
People Management: -
 Managing team and part of skill champion in giving cross-training to other R2R
teams.
 Performs annual reviews, staffing and career pathing for team members.

Achievements:
 Appreciation letter from Senior Director for “Collaborate to achieve results”.
 Received appreciative emails from Stakeholders – published in monthly
newsletters.
 Received appreciation for contribution on Process Reengineering and Automation.

Previous Employments Profile:

AIG Analytics & Services Pvt Ltd (Genpact India)
Designation: Assistant Manager Period: June 2014 - Nov 2015

American International Group Inc. is one of the world’s leading insurers and
leading international insurance organization serving customers in more than 100 countries.
As a Finance Controllership – Parent Company Operation team involving to drive e2e
F&A process, Taxation, Reconciliation and process standardization.

 Responsible for Record to Report – e2e books closure.

o Preparation and review Balance Sheet reconciliation on monthly basis
(Blackline) for Prepayment accounts and Intercompany accounts.
 Responsible for affirmation of Fixed Assets balances for all entities.
 Interaction with stake holders for any mismatches and necessary relevant supporting’s
 Responsible for Intercompany transactions and Confirmation of Balances:
o Preparation of Intercompany loan activity for all Subsidiaries
o Preparation of Intercompany analysis for all Subsidiaries (SAP BI and BPC)
o Responsible for Intercompany reconciliation and confirmation of balances.
 Identified opportunities for automation Intercompany confirmation of balances,
resulting into reduction of 2 FTE and implementing it in F&A process.
 Responsible for Financial Planning and Analysis (FP&A)
o Responsible for gather information and preparation of Head count analysis.
o Preparation of plan / forecast templates and load data to Hyperion.
o Appreciation from the Management for maintaining Trend Analysis and
Budget Vs Actual variance analysis report and update the explanations of
implications and notes to each variance analysis.
 People Management:
o Leading, training, work allocation & monitoring the operations to meet targets.

Achievements
 Onsite transition & stabilized the process of ‘Record to report’ from NY, USA.
 Received appreciation email from the management for Intercompany confirmation.

Ascendas Services IndiaPvt Ltd. (ITPL)

Designation: Senior Executive – Finance Period: 10th Nov’11 to 8th Nov 13

Ascendasis Asia’s leading provider of business space and end-to-end solutions, achieved
International acclaim for I T P L and serves a global clientele in 33 cities across 10 countries.

Responsible for Record to Report,Taxation, Financial Reporting (GL Close),

Reconciliation, Treasury, Order-to-Cash and Financial Planning & Analysis.

 Responsible for Trail balance and accuracy of Financial Reporting (GL Close)
activities like Reconciliation, Intercompany, Cash flow, Accruals, Ageing analysis,
prepaid expenses and financial statements.
 Responsible for Financial Close / e2e month close activities (General Ledger)
o Preparation of Month close calendar as per management guidelines.
o Ensuring that closing Sub-ledger account to main ledger like Cash account,
Bank reconciliation, Accounts Receivable, Accounts Payable, Fixed Assets,
Payroll, Tax, Intercompany reconciliation and Top-up adjustment entries.
o Analyze Trial Balance and preparation of monthly income and expenses
accruals
o Preparation of Cash flow statements & financial statements.
o Interaction with E&Y team to finalize the financial reports.
 Responsible for Procure-to-pay process (Accounts Payable Management).
 o Responsible for Capitalization of WIP, Bill passing and Payment to vendors.
o Involved in the purchase committee (P2P) to select, negotiate and finalize the
vendor.
o Identified implementation opportunities for AP process (P2P) like Payment
cycle to process vendor payments resulting into reduce working capital
requirement.
 Responsible for Financial Planning and analysis report (FP&A)
o Preparation of Budget variance analysis to determine projected & actual report.
o Maintenance of Project’s approved budget with Actual expenses report.
o Responsible for managing the margin as per Budget & improving it by
reducing cost with approval from City Head and CFO.
o Responsible for preparation of Budget varianceanalysis to determine projected
& actual report and variance analysis with comments, notes to management.
 Responsible for Order to Cash process (Accounts Receivable Management).
o Responsible for Revenue recognition like Income accruals & Deferred Revenue.
o Responsible for cash application and preparation of Ageing analysis.
o Appreciation from CFO, HQ for identified opportunities in AR process (Late
interest billing & Legal notice) & worked with HQ Singapore stakeholder to
get it implemented, resulting into Cash Flow Impact of Rs 7million.
Achievements:
 Appreciation letter from the management for successful finance transition process.
 Achieved significant benefits on outstanding by creating ‘Log disputes’ reports.
 Preparation of Payments cycle for Accounts Payable process.

EXL Service India Pvt Ltd (Outsource Partners International)

Designation:Team Leader – Analytics Period: 10th Jan 2005 to 8thNov’2011.

EXL Serviceis NASDAQ listed company and leading professional services dedicated to
Finance, Accounting, Transformation and Outsourcing services to Global 1000 companies.

 Responsible for Record to Report.

o Responsible for data collection, data analysis and data validation of Sales and
USE tax and preparation of monthly Sales tax and USE Tax returns.
 Preparation of Exempt Tax analysis and Accrued Tax analysis.
o Responsible for Fixed Assets creation and transfers.
 Responsible forProcure-to-pay process (Accounts Payable).
o Managing review and creation of Vendor master data (P2P) and preparation of
routine monitoring of unmatched invoices and unmatched receipt backlogs.
 Successfully Onsite transition (USA) and stabilized O2C Accounts Receivable.
o Appreciation from the management to collect outstanding due from
Placement Agency, resulting into rapid growth Cash Flow Impact.
o Responsible for accurately processing of accounts receivables like rebate to
customers, placement summary and reinstatement of cancelled contracts.
 Successfully Onsite transition (USA) and stabilized Silicon Valley Bank –FP&A.
o Successfully migrated and stabilized for ‘Equity Capitalization’ management.
 Team Management:
o Leading, training & monitoring the performance of team members.
Achievements:
 Onsite transition & stabilized the process of ‘Taxation’ from Huston, USA.
 Onsite transition & stabilized the process of ‘FP&A’ Silicon Valley Bank - CA, USA.
Gokaldas Images Ltd (Personality Limited)

Designation: Accounts Executive (Period:1st June 1997 to 8th Jan’2005)

WEEKENDER division of Personality Limited (India’s leading readymade garments) is

a manufacture of Readymade Garments and marketing through its own & franchise outlets.
 Responsible for Record to Report – General Ledger.
 Overall responsibility for day-to-day accounting of 67 Branches spread across all the
locations, interaction with Branch Managers to maintain Sales summary, Petty cash
statements, Inventory and ensure cash deposit to Bank on day to day basis
immediately.
 Responsible for analysis
o Analyze Profit and loss account of the Business.
o Analyze financial aspect of the proposed upcoming project (Expenseanalysis)
o Ensure the alignment with Business strategies.
o Monitor Corporate Stock position and pan India across regions.
o Analyze Cost estimates of new products for establishing selling price.
o Analyze ageing analysis of Accounts Receivables and Payables.
 Surprise warehouse stock audit verification of all the locations, if any mismatches
and report to the management immediately and prepare stock shortages, resulting
into deduct Stock shortage amount from Manager as well as Franchise. Impact to
management to save of Rs. 2 million.
 Responsible for Treasury Management, like Cash flow statement on daily basis for
all the locations, resulting into appreciation from the Management for Cash flow.
 Responsible for preparation of Financial Reporting (GL Close) activities, like Bank
reconciliation, H.Q vs Brach reconciliation, A/R, A/P and I.C. reconciliation.
 Responsible for Statutory compliance like Sales tax, TDS and Income tax assessments.
 Responsible for preparation of Management Information reports like Commission
Statement, Cash Flow, Profit and Loss account, and Balance Sheet.
Achievements:
 Investigated misappropriation of Cash & recovered from Managers/Franchisee.
 Responsible for handling of Stock Audits of all the branches located in across India.
 Involved in Income tax and Sales tax assessments and filing of returns.

Personal Dossier:

Father’s Name : Anantharaman R.

Address : 813/17, Vijayavarshini, 9th A Main,

R.P.C. Layout,Vijayanagar,
Bangalore – 560040.

Marital Status : Married

Passport Details : F4596814

Place: Bangalore Venkatesh B.A.