CURRICULUM VITAE

Satish Rao AG

Mobile – 94444 57122

Mail ID – agsrao@yahoo.com

Profile Brief:

Over all 16 years of experience in Finance & Accounts functions:

- Accounts Payable (AP) & Accounts Receivable (AR)

- General Ledger (GL) & Reconciliations (Recons)

- Migrations & Projects – AP, AR, AP LEAN etc..

- Cost & Management Reporting (MIS)

- Good track of People / Stakeholders Management

Professional Experience:

Scope International (Standard Chartered Bank) 9+ Years Manager (Current Employer)

Unilever India Shared Services Ltd <1 Year Team Leader

Euro Star Communication L.L.C. (Dubai) 2 Years Senior Accounts Executive

Voltas Limited 1 Year Fin. & Comm. Supervisor

GlaxoSmithKline Consumer Healthcare Ltd. 3 Years Accounts Assistant

Achievements:

Lead for Operational Excellence (OE) project – bring the efficiency in existing process (Reduce

TAT, Cost and Automation etc..)

Migrated the Scope International – GSSC Accounts Receivable (AR Billing) process from

Tianjin (China) within a month time successfully.

Lead and Support AP LEAN for Africa Hub (Kenya & Ghana) / Leading the Pass-1 Error “Brain

Storming” Team for supporting entire AO / EFT Project mode of payment (20% to 85%).

Received Q12 (Gallup) Icon Award consequently for 2 last years (2011 & 2012) for Top Score

in “Team Engagement” (Rating 5 out of 5). No Attrition for last 2 years.

Handled 4 AP / GL Transitions (Singapore, Mauritius, SCSI & SCPEA) in last two year.

Received Award for making “NIL” observation for Qrtrly Internal Audit SCB for last 2 years.

Received an Icon Award for “Creative” and for “Team Lead” from Top Management.

Implemented Various AR Reports in Eurostar Comm. LLC.

Supported / Initiated Auto Cheque Print System in GSK SmithKline.

Academic Qualifications:

2010: MBA (Fin) Sathyabama University - 63%

2003: M.F.M., Pondicherry University - 58%

2000: M.Com, Guru Nanak College - 66% (College first)

1998: B.C.S. Guru Nanak College - 70% (College first)

Name of the Company : Scope International Pvt. Ltd., (Standard Chartered Bank)

Designation : Manager – Finance & Accounts

Department : Accounting Operations, FSSC.

Report to : Vice President – Accounting Operations

Reportees : 32 Members (AM-4 - 2nd down - TL / PL / SFAs / FA)

Period : June 2007 to Till date (9 years)

Finance Module (ERP) : PeopleSoft 8.9 – (PSAP/GL, AP Lean & eProc) & Filenet.

Accounts Payable Functions:

Responsible AP function for PAN India, West & Europe and Middle East Regions.

Responsible for releasing the Vendor/Staff Payments of 24,000/month for SCB Group (Local &

Foreign Currency Payments)

Responsible for invoice processing team and payments and ensure that all the payments made

within TAT / SLA.

Responsible for Review/Monitor/Approval of Vendor/Staff Master database (36,000) in PSAP system.

Daily basis reviewing the Control Accounts / Checking and Approving the Payments / Journals

Entries.

Review and Checking Compliance Activities - TDS and Service Tax for India.

Reconciliation of Accounts Payables with General Ledger Balance.

Handling Customer’s queries / escalations & supporting them in resolving & providing solutions.

Monthly Reviewing and Checking the Delegation of Authority (DOA – eProc and Manual) / Involved

in revision of Standard Operating Procedure for AP process (SOP) / DOI.

Responsible for annual revision of Service Level Agreement (SLA) for existing & new transitions.

Project Leaded & Implemented:

Lead an Accounts Receivable (Billing) process from Tianjin (China) within a month time successfully.

Key role for implementing the AP LEAN system in Kenya Hub which supports for AP process to 7

countries in Africa continent – Project period was 6 months and onsite support for 2 months - 2014.

Leading the Pass-1 Error “Brain Storming” Team for supporting entire AO Department.

EFT project handled for AP counties by implementing the EFT mode of payment (20% to 85%).

Major role played in LEAN process implementation for Accounts Payable – 2012 & 2014.

Other Projects - FCY Automation, Remit to Vendor, Match Exception Report in PDF etc

Played a lead role in 4 Transition for AP/GL Process from SCB-Singapore, SCB-Mauritius and SCSI

& SCPEA-India in last 2 years and respective process implemented within targeted timelines – 2009

to 2013.

Also coordinated / prepared the regulatory documents for Transitions – L&C / BID / BIA / SLA.

Accounts Receivable (AR) Billing (GSSC – 3 Hubs) Functions:

Migrated the Accounts Receivable process from China and implemented in hub within 2 months.

Ensure to collect the Billing Input details from various Business Users from GSSC, Scope

International (Chennai, Malaysia and China)

Monitor the team to ensure to timely generate the invoices and submit to SCB (across global) within

the timelines

Ensure that receivables collected within the timelines and do the followup for outstanding invoices.

Responsible for team to ensure to perform the various reconciliations (Input vs. Invoices / Invoices

issued and collections / outstanding)

Professional Experience – Current Organization

Ensure to handling queries by team and timely responded and support to customers for escalations.

People Management & Other Functions:

Responsible for handling Performance Appraisal of 32 members – Performance Appraisal (Half/Full

year), Giving Training, Guiding for scaling-up for talented resource, Control on overall attrition.

Reviewing of Dash Board / Billing / KCSA, KRI reports and submitting to Risk Team.

Coordinating with internal / external auditors and control assurance auditors (KPMG & MP Chitale).

Coordinating for annual exercise of MSMED Activity and sending report to Country Finance.

Coordinating for Induction Training Programmes for New Joiners in FSSC Department.

In-charge for running AOLP training for entire FSSC AO Department.

Global Management Reporting Functions:

Responsible for releasing the Global Management Reports to Central Team (UK & Singapore).

Analyzing and Scrutinizing the Cost Management Reports / Schedules (around 27 Reports)

Analyzing the Budget/Forecast Packs and presenting the Group Budget Reports to Central Team.

Checking and Reviewing of Committed Cost by Country / Region / Group level.

Name of the Company : Capgemini (Unilever India Shared Services Ltd)

Designation : Team Leader (AP)

Report to : Head of Finance.

Sub-ordinates : 15 (PA & PE)

Period : August 2006 to May 2007

Finance Module (ERP) : SAP – AR, AP & GL / MfgPro / PFM

Finance Functions:

Responsible for releasing the all Vendor Payments for all over India through. (1200 Vendors).

Analyzing and Scrutinizing the payments and ensure that all the payments made on time through

WDMS.

Responsible & Co-ordinating with a team of 15 members. (Process Associates & Process Executives)

Payment made through HDFC Bank / ICICI Bank (E-Transfers / Cheques).

Co-ordinations with Branch Managers, Accounts Officers for 4 Branches.

Ensuring the payments processed in scheduled time.

Periodically updatation of Rates, Transit Days, Claims and other details in system.

Reconciliation of Accounts Payables with General Ledger Balance.

Handling queries raised from the suppliers level.

Making the monthly Provision in the system for payments.

Review of PAs & PEs Performance by Daily, Weekly, Monthly basis.

Co-coordinating with internal auditors and control assurance auditors and answering to their

queries.

Project Handled & Implementation:

Played a role for taking over the Payment Processing from the HLL Division, Bangalore.

Prepared the Project for Migration and Made the Presentation to HOF.

Project Implemented Successfully within 60 days.

Professional Experience – Previous Organization(s)

Name of the Company : EuroStar Communication L.L.C. - Head Office, Dubai.

Department : Finance & Accounts Department.

Designation : Senior Accounts Executive

Report to : HOD – Finance & Accounts Dept.

Period : May 2004 to June 2006 ( 2 Years )

Finance Module (ERP) : PeopleSoft (JD Edwards) 8.9 – Finance & Sales Options.

Accounts Receivable Functions:

Responsible for Credit Control on Customers Outstanding.

Responsible for checking and releasing Credit Hold of Invoices for Credit Customers.

Regular follow-up with Branch Accountants for Cash Collections, Credit Collections of Debtor’s

Outstanding.

Responsible for Funds Transfer from all the 5 Branches, Dubai, Sharjah, Abu Dhabi, Muscat &

Kuwait.

Reconciliation of Accounts Receivables Balance with General Ledger.

Preparation of Debtors Age wise Outstanding Analysis - Branch wise and Consolidated and

submitting to Head of Finance.

PeopleSoft 8.9 – Finance Support & Maintenance (FSM) Functions:

Responsibility in Finance Module: AR / AP Module - Creation of Customer / Employee / Supplier

Master. Posting Batches, Voiding of Voucher / Receipt / Payment Entries.

Responsibility in Logistics Module: Sales Updation.

Payroll Functions:

Handling the Monthly Payroll of all the Employees of Company - UAE, Kuwait, and Muscat (around

510 Employees) and Monthly Salary Disbursement thro Bank.

Responsibility for Tracking / Processing of Salary, Advances, Loans, Vacation Benefits, Gratuity and

End of Service Benefits and Full and Final Settlement (F&F).

Banking Functions:

Making Payment to Suppliers through Telegraphic Transfer (TT), Trust Receipt (TR).

Preparation and Co-ordination with banks for Export L/C, Import L/C and Bank Guarantee for

Employees / Tenders.

Preparation of Cash Flow Statement / Daily Cash Position Statement – Daily/Weekly/Monthly

(HSBC, EMI, SCB).

Responsible for making Collection entries for cheque deposits in Banks.

Preparation of Bank Reconciliation Statement (BRS) for HSBC, EMI, SCB.

Stock related Functions:

Preparation of Inter Branch Stock Reconciliation Statement.

Preparation of Stock Movement Analysis of Warehouse to Branches.

Physical Verification of Stocks in Branches (Quarterly) / Stocks in Warehouse. (Half yearly).

Name of the Company : Voltas Limited - Zonal Head Office, Chennai.

Department : Finance & Commercial Department.

Designation : Finance & Commercial Supervisor.

Report to : Zonal Manager – Finance & Commercial Dept.

Period : June 2003 to May 2004 (1 year)

Finance Module (ERP) : SAP – AR, AP & GL.

Responsible for Accounting and Pre-approval of all expenses relating to Vendor Payments in the

Accounts Payable ERP module for 5 Divisions. (around 1500+ Vendors)

Preparation and forwarding of Invoices to the Customers. Accounting the Collections against the

invoices raised.

Responsible for Credit Control of Customers Outstanding. (900+ Customers)

Regular follow-up with colleagues regarding Invoices & Customer Outstanding.

Regular follow-up with Bankers for timely realization of Cheques.

Ensuring overall control on Cheque Return Register.

Responsible for Funds Transfer to Head Office, Mumbai on a daily basis.

Preparation of BRS. (Weekly & Monthly basis)

In charge of Monthly Staff Salary Processing and Remittance for Chennai & Coimbatore branch –

Management, Supervisor and General Staffs. (232 employees)

Remittances of Statutory & Other Payments related to Payroll on a timely basis.

Checking & Processing of Employees Medical Bill Reimbursement, Travel Expense Statements, Leave

Travel Allowances and Conveyance of employees.

Preparation of Cash Flow Statements on every 10 days basis & reporting to HO.

Preparation of Debtors Age wise Outstanding Analysis to HO on a monthly basis in MIS.

Preparation of Budget for F&C and Other Service Departments. Periodical review of the same &

doing variance analysis.

Making necessary TDS from Vendor Payments & Accounting the same. Ensuring timely filing the

monthly returns and forwarding of TDS certificates to vendors.

Physical Verification of Fixed Assets on yearly basis and maintenance of FA Register.

Name of the Company : GlaxoSmithKline Consumer Healthcare Limited, Chennai

Designation : Accounts Assistant.

Report to : Regional Finance Manager.

Period : June 2000 to May 2003 (3 years)

Finance Module (ERP) : JD Edwards (AS400) – AR, AP, GL & NIPP Options.

Credit and Collection for all Wholesalers of South. ( 907 Customers )

Monitoring of debtors and regular follow up on outstanding.

Regular Liaising with Banks regarding collections and outstanding.

Debtors Flash Report (Debtors Aging Analysis, Debtors to Sales Analysis).

Debtors Reconciliation.

Bank Reconciliation Statement (BRS).

Sending the Monthly Statement of Account to 907 Customers.

Assessment of checking & processing of Travel Expense Statements of 96 Employees.

General Vendor payments like transportation, telephone, electricity and other payments for all the

four states of South.

Monitoring of settlement of claims of wholesalers regarding various promotional and other Trade

marketing activities.

In charge of accounting the Sales Returns (Goods return notes) from the Wholesalers.

Sending the Monthly Form 16 TDS certificate to Vendors.

Monthly MIS for expenditures and Sales to Head Office

Other Functions:

Processing of Purchase Orders in NIPP Module [2-way & 3-way matches].

Processing & filing the Tax Deducted at Sources (TDS).

Independently coordinating with the External Customer.

Computer Proficiency:

Very Good work experience in MS Excel, MS Word & Power-point.

Worked in Bank Online module Hexagon 06.32 (HSBC), EB online (Emirates Bank), E-Net (HDFC

Bank) & (ICICI Bank), S2B, eBBS and Hogan (SCB).

Finance Module:

Worked in ERP Finance Module PeopleSoft (8.9) : Finance (PSAP/PSGL) / Sales / eProc / AP Lean.

Worked extensively in Finance Module (ERP) of JD Edwards AS400: AR, AP, GL & NIPP.

Worked in Finance Module (ERP) – SAP: AR, AP, GL.

Worked in WDMS, Omniflow and Filenet for AP processing.

Date of Birth & Age : 22-09-1978 & 38 Years

Gender / Marital Status : Male / Married

Passport : L9117157 / 07-05-2024

Language Known : English, Tamil, Hindi & Marathi

Competencies : Enthusiastic, Positive Attitude, Confident, Committed & Leadership Skills.

Current Address : Flowers Road, 1st Lane, Kilpauk, Chennai-600010.

Mr. Hariharan Cr

DGM – Cognizant Technologies Solutions

(Ex-Sr. Manager, Scope International Pvt. Ltd)

Mob : 098414-06541

Email: cr_hariharan@yahoo.com

Mr. R. Ramanujam

AVP - Finance & Accounts Dept.

Eurostar Communications LLC,

Dubai, UAE.

Mobile: 00971-50-5584928

Mail ID: ramji_r@hotmail.com

I hereby declare that the above given information are true to the best of my knowledge. I would

promise to show the best of me, in order to achieve the Company’s objectives in the best possible way,

efficiently and effectively.

Date:

Place: Chennai (SATISH RAO A.G.)

Other Information

Personal Information

References