Headline

Manager Finance & Accounts @ Clairvolex

About

Hello! I am Raghavendra Balakrishnachari, a finance professional with over 15 years of extensive experience in Finance and Accounts. My expertise spans across Accounts Receivables, Accounts Payables, Treasury Management, Internal and External Audits, and Statutory Compliance within dynamic corporate environments. I am passionate about leveraging my financial acumen to tackle complex business challenges and drive strategic financial decisions that enhance operational excellence and deliver superior financial outcomes. Throughout my career, I have demonstrated proficiency in managing statutory audits, tax audits, and compliance with various financial regulations. I have a strong background in GST, SEZ, and taxation laws, and I excel in preparing and presenting comprehensive financial statements. My skills in budgeting, forecasting, and strategic planning have allowed me to align financial objectives with organizational goals effectively. I am recognized for my leadership abilities and my commitment to fostering a culture of continuous improvement within finance operations. Key Achievements: - Successfully led the implementation of the COUPA Procurement Tool globally, optimizing procurement workflows and improving operational efficiency. - Spearheaded the migration to SAP, enhancing data integrity and overall system performance. - Earned the Star Performer accolade in 2016 and 2017 for exceptional contributions to process automation and operational excellence. - Managed end-to-end GST compliance, ensuring timely filings and adherence to Indian taxation laws.

Location

Bengaluru

Work experience

Manager Finance & Accounts at Clairvolex, Jan 2020 - Present · 6 yrs 7 mos, Bengaluru, Karnataka, India, In my current role, I lead the finance and accounts department, overseeing the preparation of standalone and consolidated financial statements for both domestic and international operations. I coordinate with internal and external auditors to ensure compliance with statutory and tax regulations, while also developing strategic financial reports that provide real-time insights for executive leadership. My responsibilities include managing the revenue recognition process, expense management, and cash flow oversight, ensuring liquidity and optimized working capital across global operations. Achievements: I successfully streamlining financial operations and enhancing compliance. I also led the end-to-end GST Annual Reconciliation and SEZ Filing, ensuring adherence to Indian taxation laws. My efforts in process automation have significantly improved operational efficiency and reporting accuracy.

Assistant Manager - F&A at Technicolor Connected Home India Pvt. Ltd., May 2016 - Jan 2020 · 3 yrs 9 mos, Bengaluru, Karnataka, India, As an Assistant Manager, I was responsible for managing the finance and accounts functions, including revenue and expense management. I led the preparation of financial statements and coordinated with auditors for internal and external statutory audit with compliance. My role involved overseeing cash management, bank reconciliations, and ensuring accurate financial reporting. Achievements: I played a pivotal role in the design and execution of automated AR Ageing reports, enhancing reporting accuracy for senior management. I also received recognition for my contributions to process automation and operational excellence.

Analyst Finance at SmartPlay Technologies, Dec 2014 - May 2016 · 1 yr 6 mos, Bangalore, In this role, I managed accounts receivables and treasury functions, ensuring timely invoicing and cash flow management. I was responsible for preparing financial reports and coordinating with various departments to optimize revenue recognition processes. Achievements: I successfully implemented customized ERP reports that reduced manual intervention and improved decision-making capabilities.

AR & Treasury Executive at Technicolor India Pvt. Ltd., May 2011 - Dec 2014 · 3 yrs 8 mos, Bengaluru, Karnataka, India, My responsibilities included managing accounts receivables and treasury operations, ensuring accurate financial reporting and compliance with internal policies. I coordinated with auditors and prepared necessary documentation for audits. Achievements: I enhanced financial operations by optimizing cash flow management and ensuring accurate reconciliations of intercompany accounts.

Project Executive at BSS Micro Finance Pvt. Ltd., May 2009 - May 2011 · 2 yrs 1 mo, Bengaluru, Karnataka, India, As a Project Executive, I supported various financial projects, assisting in the preparation of financial reports and managing documentation for audits. Achievements: I contributed to the successful completion of multiple projects, ensuring compliance with financial regulations and internal standards.

Education

PGDBA, Business Administration, ICFAI University, Bangalore

MBA, Finance and Accounts, ICFAI University, Bangalore