NARAYAN NAROTTAM
2703, Al Reem Plaza,
Buhaira Corniche,
Sharjah
UAE
Mobile No : +971 5669 57365 (UAE)
+91 95454 95599 (India)
E mail : nnarottam@yahoo.com
EXPERIENCE
IFFCO UAE Sharjah (UAE)
Finance Manager / Tower Lead – Accounting to Reporting (ATR) From Aug’2016 till date
Finance Operations (Month End Close, Management Accounting, Financial Review, Reporting and Compliance):
? Leading entire ATR (R2R) processes (General Accounting, Inter Company Accounting, Bank Reconciliations, Fixed Asset Accounting).
? Reviewing Balance Sheet reconciliations with Business Units and help resolve aged and unreconciled balances.
? Created “Centre of Excellence” for Bank Reconciliations, Intercompany and Fixed Assets accounting to achieve operational effectiveness.
? Analysed and streamlined Opex and Capex Accounting activities within ATR/R2R team.
? Improved process KPIs and kept close monitoring.
? Monitoring various audits, including financials preparations for all business units.
? Managing Hiring, developing, retaining, conflict resolution and exits.
? Supporting Budgeting exercise and analysis of variance in P&L items.
? Prepared policy for Balance Sheet Reconciliations and Petty Cash.
? Leading projects to improve overall efficiency and automations.
Vodafone India Services Pvt. Ltd. Pune
Deputy General Manager-Finance Shared Services From Jan’2011 Aug’2016
Finance Operations (Treasury and Cash Management) – From November 2015onwards
? Managing Partner relationship with partner markets (of Vodafone).
? Ensuring service delivery timeliness and quality.
? Ensuring adherence to world class Hackett KPI and process calls with the process owners and other internal departments like HR, IT, Admin, Transport, Training.
? Managing new migration (planning, knowledge transfer, Hyper care and BAU phases)
? Processes handed are Bank reconciliations, Cash flow forecast, and Open item resolution.
? Having close coordination with Global Process Owners on driving new initiatives, policy change, Operating Committee meetings.
Senior Manager-Finance Shared Services
From Jan 2011 till November 2015 as Senior Manager
Finance Operations (Month End Close, Management Accounting, Financial Review, Reporting and Compliance):
? Managing general ledger and Hyperion close processes for multiple Vodafone Group entities.
? Conducting financial reviews with country controllers.
? Managing Hiring, developing, retaining, conflict resolution and exit.
? Managing Chart of Accounts requests received from partner markets.
? Providing commentary on variance of P&L items.
? Ensuring balance sheet reconciliations are completed as per accounting policy.
? Responsible to ensure team is aware of quarterly policy changes due to adoption of IFRS.
Management Accounting, Opex and Capex Accounting:
? Migrated Management Accounting, Opex and Capex Accounting activities for first time at any of the Vodafone shared services centre.
? Participating in reviews with local markets before close of books. Activities include preparation of accruals and pre-payment entries, Opex Variance analysis, Retail store performance analysis, Hand Set mix analysis, consolidation of subsidiaries, monthly capex movement analysis.
? Preparation of the monthly and quarterly actuals reports. Adding ad hoc analysis as needed, ensuring accuracy and consistency
? Having Business reviews with Business Partners and business on a monthly/quarterly basis to understand and represent the state of the business and its challenges.
? Participate in forecast meetings ensuring understanding of potential risks.
? Supporting in budgeting and forecasting exercise.
Leadership:
? Represented at Shared Services Extended Leadership Team and actively participating in Record to report Operating committee with Global Process Owners of R2R.
? Ensuring adherence to world class Hackett KPI and process calls with the process owners and other internal departments like HR, IT, Admin, Transport, Training.
? Ensuring high scores for People and Partner survey scores.
? Ensuring clean SOX and Statutory audits. Implanted measures to ensure controls are monitored on weekly basis.
IBM Global Process Services Pvt. Ltd. Worked as Manager Operations-F&A Bangalore
From Nov 2008 to Jan 2011
? Handled team of 23 (including 7 Deputy and Assistant Managers with People Manager Role) resources in general accounting and financial reporting for banking cum venture capital client.
? Processes include- Fixed Assets, Inter Company, Fund Valuations, Reconciliations, Accruals and financial planning and analysis.
? Providing business commentaries on variance analysis.
? Ensuring adherence to SLA and leading process calls with the process owners.
? Conduction regular productivity analysis and work load scheduling.
? Coordinating with various IBM supports department like Audits,facilities, IT, transport, HR etc.
? Steady state billing as per SOW and travel billing coordination with client and finance.
? Hiring, development, retention, one-on-one, conflict resolution and exit.
? Managing variable pay and over time data for the team.
? Led projects on seat utilization, productivity tool implementation and new SLAs.
Conexant Systems India Pvt.Ltd. Hyderabad
Worked as Section Manager (Shared Services Finance) From Jan 2007 to Nov 2008
? To provide functional leadership to the operations of Global Intercompany, Global Fixed Assets Accounting/Reporting and Credit & Collection Europe Processes and Accounts Payable (India).
? Established mechanisms to ensure enhancement in the overall productivity, volume and competence levels of the team and adhering to SLA.
? Ensuring completeness of Transaction Processing (in SAP)and Reporting for following Processes:
Fixed Assets (Global):
• Cleaning of Capital Clearing account through Capitalizations and transfer to expense/prepaid expenses.
• Running Depreciation/ Asset Retirement/ Disposal/ Cost Centre Changes in sub-ledger for US and Europe Region.
• Preparation of worldwide Consolidated reports at month end for CFO.
• Preparation of Sub-Ledger and GL Reconciliations.
Accounts Payable (Pan India Region):
• Established centralized Accounts Payable (pan India) at Hyderabad shared services division.
• Ensuring timely bill processing and payment run.
• Supervising customer query resolution.
Inter Company (Global):
• Ensuring intercompany AR and AP balances are Nil.
• Following up for open items in InterCompany reconciliations.
• Posting of Intercompany invoice in SAP.
Credit & Collection (Europe Region):
• Monitoring and reporting of outstanding from customers and follow-up with customers and sales people.
• Daily review of credit position of customers whose shipments are due (Credit hold release).
• Processing of credit memo and cash collected from customers. Bank reconciliation preparation.
Account Reconciliation and other Activities (US and Europe Region):
• Account Reconciliation for Treasury sub notes, Deferred Debt, Long Term Short Term Debts, Retained Earnings and other GL accounts.
• Revaluation Run for currencies other than Group Currency.
GE Capital & Information Services Pvt.Ltd. (GENPACT) New Delhi
Worked as Asst. Manager -Accounts Payable Process (April 2006 to January 07)
? Handling a team of 21 Associates in Accounts Payables for Honeywell Inc.
? Preparation of reports/ matrices for top management on daily basis and co-ordinating with HR for various team issues.
? Lead the team for UAT (User Acceptance Test) for new Workflow system for Invoice Imaging.
? Ensuring completeness of daily routine activity of Data Entry, Error Resolution queue cleanup, Debit memo/Credit memo queue, liaison with suppliers and Buyers, ensuring completeness of Standard Operating Procedure and Process Maps etc.
Agilent Technologies Gurgaon
August 2003 to April 2006
Worked as Finance Programme Specialist in the Global Financial Services at Global Hub India.
? Team Lead,looking after worldwide Intra Corporate Transaction Reconciliation Process of Agilent Technologies. First contact for Finance Assistants and Coordinators
? Performs complex finance or accounting assignments, including monitoring processes to ensure business controls are adequate and working and coordinating month end and year end activities.
? Working on (inter alia) GL, AR, AP and Cost Accounting Module of Oracle 11i and Accounting module of SAP R/3.
? Preparing audit packages including financial statements & back up papers requiring audit various audits including Sarbanes Oxley compliance.
? Monitor and resolve inconsistencies in SAP data using exception reports.
Vishal Retail Private Limited New Delhi
August,2002 to July 2003
Worked as Manager Finance & Accounts
? Looking after overall function of Accounts & Finance Departments such as Accounting, Auditing, Reconciliation, Income Tax, Excise, Sales Tax etc. Preparing periodic reports, Accounts finalization, budgetary control etc on ORACLE ERP Package.
? Worked on Working Capital Financing from Banks.
? Assisting ORACLE ERP Team in software modification to get better reports, additional query runs, improvised application etc.
? Sales Tax (VAT) accounting, periodic return and Annual Assessment
? Inventory Management using Oracle Discoverer.
Select Consultants Private Limited New Delhi
Worked as Cost Accountant February 1997 to July 2002
? Advising clients on the matters of Accounting Practices, Costing System and Taxation.
? Responsible for maintenance of accounts, Preparing periodic reports, Accounts finalisation, Budgetary control, Complying with Income Tax Act, Service Tax Act & Companies Act of Local Companies and Individuals.
? Liaison with Banks and Development Financial Institutions (DFIs). Completely responsible for audits of the company, advising clients on the matters of companies Act, Income Tax Act, Accounting System and Cost Reduction
ACADEMIC CREDENTIALS
CIMA, London : Advance Diploma in Management Accounting. May 2013
PGCBM (XLRI,Jamshedpur) : Post Graduate Certificate in Business Management from XLRI, Jamshedpur, 2010
ICWA : Passed Final Examination of the Institute of Cost & Works Accountants of India
completed in June 1997 with Certificate of Merit.
B.Sc. (Hons.) : First class Bachelor of Science (Physics) from Magadh University (Passed in
November 1996 )
PERSONAL
? Married, Born on 31st December 1975.
? Likes listening to music and watching Cricket.
ACHIEVEMENTS,AWARDS & RECOGNITION
? Played key role in establishing Shared Services division of Conexant Systems and Vodafone.
? Established Accounts department of Retailing and manufacturing units of Vishal Retail P. Ltd.
? Successfully transitioned Asia Pacific operations of Intra Corporate Accounting of Agilent Technologies.
? Awarded “Certificate of Merit” from ICWAI.
Place : (NARAYAN NAROTTAM)