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SRIRAM V IYENGAR

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finance professional ( ICWA) with 20 years

BANGALORE, KARNATAKA, INDIA

 

Finance Professional ( ICWA) with 17+ yr Post Qualification Experience (overall 20+ yrs) exploring Opportunities in reputed companies as Senior Finance Manager/ DGM/GM/ Controller role  for Career Advancement  into Bangalore only

 

PERSONAL DOSSIER

 

SRIRAM V IYENGAR  Mob : +91 9844088317; Res : 080-23692546

Primary Email: sriram1710@yahoo.co.in   Alternate Email : srisun1710@gmail.com

Flat No 306, D2 Block, White House,15th Cross, 6th Main Road  R T Nagar Bangalore 32

DOB : 17-10-1964  ( 52 Years)

Career Objective

 

To seek a position in a growth-oriented organization which offers professional growth while being competent, resourceful, innovative and flexible with a good team spirit to work in the team for growth, development & smooth navigation of the Organization towards achievement of overall company objectives and excellence.

 

Exploring Career Opportunities in the Senior Managerial Role/ Controller position/ e assignments with organizations of repute at Bangalore only, commensurate with my Job profile and Experience

 

Personal Strength :

 A Highly motivated, extremely transparent, committed, devoted for the assigned cause and trying to improvise, believes in Creative / Innovative / Updation approaches., and opportunities. Responsibility with structured independence in delivering the entrusted responsibilities, thereby gaining in confidence and ability to try my level best to meet the expectations of superiors in my ability in discharging my duties and responsibilities

 

Academic & Professional credentials
 

§  B Com. Degree from Calcutta University – 2nd Div – 1986-87
§  ICWA – Professional Degree completed in Dec 1997
 

CAREER SUMMARY
A skilled Qualified ICWA with  over 17 years Post qualification Experience (Overall 22+ yrs ) in  Finance, Accounts & Audit having worked for leading companies- Rallis India Limited (Tata Group), SKF Bearings Ltd ,Tyrolit India Pvt Ltd ( Swarovski Group),APW President Systems ltd (Schneider Group Co)

 

 

 

 

Last company  :  Indo Nissin Foods Ltd – Japanese company (Manufacturers of “ Top Ramen” Noodles Scoopy  FMCG Segment ) upto Aug 17

 

Reason for Resignation/ Change

 

Voluntarily Resigned from present position due to recent changes in the Department ( Creation of Verticals /Changes in reporting Structure) thereby affecting my position which does not have any future prospect for growth/ career advancement based on Job profile

 

 
 

Brief Synopsis of Experience

A Resourceful and Multi-faceted resourceful individual and Team leader with sound knowledge in Financial Accounting / Corporate set up ( SME) / Finalization of Accounts / Basic funds management, banking, MIS reporting, accounting principles and auditing procedures, corporate / taxation laws and statutory enactments.

 

A Energetic and analytically sound professional with over 12+ years working Experience and a keen analyst with an eye for detail and serious commitment to accuracy / Systems and process of improvement  meeting business goals which includes exposure to in-house ERP’s, Accounting packages and  have made suggestions for new improvements under the Finance & Accounting Domain / modules  for qualitative reporting and proper time management.

Main Focus Areas : Support business unit growth through revenue and profit analytics / Ensure financial controls are in place for the respective business units/ Monthly and quarterly book closure at business unit level./ Responsible for ensuring accounting  & principles / compliances are adhered to.

 

Achievement / Process Improvements

 

Implementation of the accounting Policies and Procedures to ensure compliance  with the Indian Gaap requirements

 
 Active Team member / Leader (Part of the Project Management Team ) for Implementation & Improvement – Monthly closing / reporting as per due dates and  Internal Financial Controls ( IFC) – Companies Act 2013
 

Implementation of process of  Raw material and components proper coding system & Inventory Valuation (automation through ERP)
 

Development/ Process / Implementation of the following finance Updates and processes in the present company :
Accounts Receivables Ageing Report for the company
Accounts Payables Ageing Report for the company
Inventory Valuation upto Semi finished stage
Interface with finance Module – other related modules for Extraction of Data for Compiling Financial Data and Information thereby saving time .
Basic Development of Costing Module ( Extraction of Data ) for Cost Audit compliances
Payroll Improvements process reports for LTA/ Leave Encashment / Medical Reimbursement/ Gratuity workings
      Active Member of the  Project team Leader for Implementation of Internal
      Financial  controls  (IFC) for the company for all financial Controls

 

       Active Member of the Core Team for the GST implementation
 

Functional  Competencies  ( Role Type and  Principal Associated Activities)

 

External Reporting  Financial Reporting ) including Finalization of Accounts as per New Companies Act
Preparation & Compilation of MIS Reporting 
Financial Planning ( Income Statement Analysis &  Balance sheet analysis)
 Accounting Operations of the Company
Budgeting & Costing
Complete  Factory Accounting
Management Accounting  Reports (Gross Margin analysis/ Budget vs Actuals  for all Major Expenses and Income based on Management requirements
Taxation Updates (Indirect & Direct )  & Interaction with External consultants
Updation of IFRS Group Pack as per Japanese Gaap Requirements / reporting ( through in house Package) based on the Mapping of Internal MIS
Product Costing  & Margin Analysis
Basic Exposure to International reporting
Expertise in automated financial and accounting reports systems
Interaction with External Auditors / Internal auditors & other related customers
Basic Exposure to International reporting
Financial Systems – Including  Internal  Controls
Accounting Regulation Updates with Auditors
 

 

 

 

 
SYNPOSIS / CAREER RECITAL OF COMPANIES WORKED FOR  – POST QUALIFICATION – 17 YRS

 

Last 3  Companies 

 
Company  Details
 
Designation
 
Period
 
Industry
 
Indo Nissin Foods Pvt ltd

 
Sr Manager F & A
Dec 12 – Aug 17
FMCG

Manufacturing

 
 
APW  President Systems Ltd

Industry : Hardware/

Networking -Manufacturing

 
 Finance & Accts Mgr
Dec 2009- Oct 2012
      Hardware

Networking Manufacturing
 
Tyrolit India Pvt Ltd

Industry : Consumables

  Manufacturing
Finance Manager
July 2006 – Oct 2009
Consumables

  Manufacturing
 
 
 
 
 
 
 
 
 
 
 
 

 

Core competencies / Synopsis / of Main focus Areas work experience and areas
 

Strategic financial Planning
 

Heading the Factory / SME accounts Team with direct reporting to the CFO/ GM/ VP
 

Interaction with Marketing and other related departments for  developing the Business plans for the Units
 

Implementation of Processes and internal controls for financial discipline in adherence to Statutory laws and procedures
Accounts & Taxation

 

 
Indian GAAP reporting / Basic Exposure to IFRS Gaap reporting
Complete financial Accounting as per New companies Act  2013 including Monthly closing of Accounts &  Finalization of accounts of Factories and SME
Branch  & Regional Accounting / Complete Factory Accounting / Variance analysis / Accounts Payable/ Accounts Receivables/ Review of all Balance Sheet items from  periodically

MIS reporting on a monthly basis with a review mechanism of interaction with related departments for analysis and details
Fund Sourcing & Management

 

 
Interaction with Bankers for utilization of working Capital ( Fund and Non fund based as per Corporate office guidelines
Control and optimization of Cash flow management for monitoring the fund position
Accounts Receivables and Accounts Payables interaction with Related Departments
Budgeting/Costing &Statutory compliances

 

 
Interaction with related Departments for Defining budgets and workings ( review mechanism monthly and Updates of Budget ( Rolling Forecast Qtr)
Comparison of Actuals versus Budgets and review updates to management – monthly review and Quarterly updates
Factory Accounting/ Inventory Valuation/ setting up basic costing system and other related details
 

Other Areas

a)      Taxation

 

 

b)     Costing

 

 
Basic Exposure to Tax Audit / Income Tax assessments

Exposed to standard Costing System and Variance Analysis

Exposure to Costing (systems)  process of machine hour rate & assisting Commercial department for quotes along with  related teams .
 

Other Related Areas

 

Indirect Taxation

 

 

 

Cost Audit

 

 

 

 

 

 
Basic Exposure to Indirect Taxation / Customs / Basic.

 Exposure to Cost Audit Rules – team member for preparation of Schedules for Cost Audit – Part of the team for Due Diligence  for data collection  & submission .
 

 

 

 

 

 

 

 

 

 

SYNPOSIS OF ROLE AND RESPONSIBILITIES ( Last 2 Companies)

Company  Details
Designation
From
To
Indo Nissin Foods Limited  
Senior Manager- Accounts
Dec- 2012
 Aug 17
Company Profile : Indo Nissin foods limited , is a Subsidiary of Nissin Foods Holdings Limited, Japan and was incorporated in 1998. Indo nissin foods Limited is a Noodle Manufacturing Company in the FMCG segment with products like “ Top Ramen, “ Scoopies” . It has 3 factories based in India .

Industry  : Manufacturing of Instant Noodles ( FMCG)

No of Reportees  : 7

Reporting to  : GM Finance / CFO

Total Turnover : 120 Crores (INR)

Role and Responsibilities

Ø  Supervisory / Controlling role for all Accounts Team members wherein all Finance team members are required to follow the rules and regulations as per the company norms & policies and should follow the relevant Accounting Standards as applicable

Ø  Finalization of accounts of Small and Medium Enterprises of 2 group companies- (Manufacturing & trading  ) as per Indian Gaap & TaxAudit

Ø  Consolidation of all Financial Statement Schedules for Balance sheet and Profit / loss , Notes to accounts for submission to Statutory Auditors

Ø  Updation of relevant data in the Internal Japanese Reporting Package on a Quarterly basis

Ø  Interaction with Japan Finance team towards IFRS adoption

Ø  Income Tax Computation for the company

Ø  Active Member of the GST Project Team

Ø  General Ledger Review and Analysis

Ø  Monthly closing of accounts,

Ø  MIS  Monthly Reporting / review and analysis,

Ø  Factory Accounting review of TB

Ø  Inventory Valuation analysis

Ø  Margin Analysis

Ø  Review of Vat returns for all the locations matching with the Financials

Ø  Statutory Schedule Updation and Review of expenses

Ø  Interaction with banks ( Basic Treasury Management )

Ø  Start up of the Basic Implementation of Cost Accounting System in interaction with the Cost Auditor and ERP Team

Ø  Interaction with Statutory Auditors/ Internal Auditors and Consultants
 

Reason for Change/ Resignation

Voluntarily Resigned from present position due to recent changes in the Department ( Creation of Verticals /Changes in reporting Structure) thereby affecting my position which does not have any future prospect for growth/ career advancement based on Job profile
 

 

Company  Details
Designation
From
To
APW President Systems Ltd
Finance & Accounting Manager
Dec- 2009
Oct- 2012
Company Profile : APW President Systems Limited, is a leading designer, manufacturer and supplier of standard and customized enclosure systems in India and has been the market leader for over 27 years in 19-inch enclosures for IT and Telecom infrastructure, systems management and operations..The Company caters to three major business segments: enclosure systems, contract manufacturing and trading activities  all with a focus on the IT/Networking and ITES, Telecom, General and Industrial Electronics sectors.

Industry  : Manufacturing of Steel Racks and accessories for IT Segment ( Hardware)

No of Reportees  : 6

Reporting to  : CFO ( BLR) & VP Operations

Total Turnover  :  150 Crores (INR)

Role and Responsibilities

Ø  Complete Factory Accounting for 2 units based in Bangalore & interaction with 1 factory located at Pune

Ø  Monthly closing of accounts on a regular basis

Ø  Assistance during Finalization of accounts for company as per Indian Gaap & TaxAudit

Ø  General Ledger Review and Analysis ( All Assets/ Liabilities and Expenses)

Ø  Costing Review and Updates in interaction with Engineering Team and Prodn Dept

Ø  Inventory Valuations and review with Operations team and Stores

Ø  Mis Reporting – Monthly review and analysis/ Budgeting and review , comparison with Actuals

Ø  Cash Flow Management – Accounts Payables and Part of Receivables /Basic Exposure to Indirect Taxation ( Vat / Excise) in interaction with commercial Team and Consultants /  Exposure to Payroll Management and Tax Audit / Interaction with banks  Interaction with Auditors  & Consultants

Computer Skills

 

Ø  Microsoft Office : Proficient User of MS Excel / word and General User of Power Point

Ø  Accounting software  : Oracle 11i/ In-house Accounting Packages/  Tally

 
 
 
 
 
C T C details

§  Last/ Present CTC  : 22 lacs per annum – Effective from Apr 2016

Expected CTC :  25- 30 %  depending upon the opportunity to handle new areas/ value addition  / additional Exposure   in Finance & Accounts domain.
§  Notice Period   :  Available from Sept 1st 2017

 
The Above information as mentioned above is true and to the best of my knowledge

 

Sriram V Iyengar

Mobile  :  9844088317

 

Skills

  • accounting
  • finalization of accounts
  • finance
  • mis reporting
  • taxation
  • Updated 1 year ago

To contact this candidate email srisun1710@gmail.com

Contact using webmail: Gmail / AOL / Yahoo / Outlook

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