1. V B SRINIVASA RAO
Contact: +91 9886561672 ~ +91 9164126759 ~ 08033460332
E-Mail: vbsrinivasarao@yahoo.com & vbsrinivasarao@gmail.com
Location Preference:
SENIOR PROFESSIONAL, DEPUTY MANAGER
Finance & Accounts - AP & AR Management ~ Transition & Migrations ~ Operations Management ~ Process Improvement
A result-oriented professional with extensive experience in finance & accounts with hands-on experience in accounts payables &
receivables management & operations management with focus on accomplishing organisational goals
PROFILE SUMMARY
~ Operations Management (AP & AR) ~ Migration & Transition ~ Month-end Reconciliations
~ Process Improvement (Lean Initiatives) ~ Due Diligence ~ Process Stabilization
~ Training & development ~ Planning & Coordination ~ Team Management
• Offering over 16 years of multi-cultural experience in managing entire functions of AP & AR accounting, process
migration & transitions, vendor management, statutory & internal audit, compliance, T & E claims & advances
• Experienced in bringing something new to organizations through continuous improvement & streamlining of
processes, championing organization values & vision, overcoming complex accounting challenges while directing
cross-functional teams using interactive & motivational leadership including training identification and development
• Recognized for introducing the Lean principles for issues & escalations, applying lean methodology in the enhancing
the overall efficiency of the process & operations, migrating AP process from Mexico, Germany & Slovakia region to
India Shared Services & meeting operational deliverables in terms of targets
• Skilled in participating in high level operational initiatives, including AP & AR process design, turnaround
management & reorganization including assigned SLA achievement and optimization of resource utilization
• Capable of leading the team management including attrition control through various employee engagement activities
• Team-based management style coupled with the zeal to drive visions into reality
ORGANISATIONAL EXPERIENCE
Since Apr’14
TE Connectivity India Private Limited, Bangalore
Deputy Manager – Accounts Payable, Travel & Expenses, Intra-Company Accounting & Payments
Key Result Areas:
• Spearheading the entire functions of AP accounting with a team of 5 direct reportees
• Ensuring that local and import accounting is seamlessly managed by outsource partner
• Leading the month-end activities like book close, foreign exchange revaluations and regrouping & expense accruals
• Working on month-end reconciliations for all related accounts with explanations and action items
• Coordinating with compliance team, stores team & purchasing teams
• Managing the various vendor management functions for outsourced activities (accounting is outsourced to third party
outsourcing organization)
• Supporting in statutory audit, internal audit & compliance related to GAAP & companies act
• Monitoring of blocked and queried invoices and ensuring to resolve as per given targets with help of purchasing group
• Processing the employee claims and advances related to travel and other claims as per company policy
• Managing Corporate Credit Cards as Program Administrator for new card issuance, limit increase and blocking the card of
left employee while coordinating with BUs, sales & customer support
Highlights:
• Rewarded for managing the queries and blocked invoices as per targets
• Assigned processes and achieved all established SLAs and operating metrics
• Created process documentation and detailed SOP’s during and after transition phase
2. • Measured and evaluated the effectiveness of the team, conducted appraisals, prepared training plans in conjunction with
the trainers
• Conducted periodic 1 on 1’s to update the team members about his/her progress in the process, conducted team meets
and provided timely updates on the process
• Successfully implemented Concur (T&E Application) in India by training all the users of various units/locations
• Working on project to increase the One Time Payment Percentage for India Legal Entity
PREVIOUS EXPERIENCE
Jul’10 – Apr’14
Brady Company India Private Limited (India Shared Services), Bangalore
Sr. Assistant Manager – End-to-End Accounts Payable Operations (S2P) & Travel & Entertainment
Highlights:
• Transitioned new processes and migrated AP operations of different regions to shared services and spearheaded the
entire accounts payable operations and T&E process
• Rewarded with:
o Milestone Award – Best Lead in Brady
o Value Award (Presidents Award)
• Introduced the Lean principles for issues & escalations and for the Daily Management Board team across Brady ISS
• Migrated accounts payable process from Mexico, Germany & Slovakia region to India Shared Services
• Worked on standardization of project which required documentation of all the processes; created SOPs & worked with
quality specialists to eliminate redundancies
• Participated in implementation process of Read Soft application into AP process
• Spearheaded special projects – Quality & Training for AP Team during 2013 & 2014 and VSM exercise for Accounts
Payable process in India Shared Services
• Applied lean methodology in the process which improved and enhanced overall operations and led the implementation of
new tools & applications to enhance the efficiency of the process
• Maintained an operational relationship with the Business Unit Head
Mar’06 – Jul’10
Infosys BPO Limited, Bangalore
Growth Path:
Mar’06 – Nov’07 Team Leader – Alcoa Accounts Payable (Disbursements, Credit & Collections)
Nov’07 – Mar’09 Team Leader – Yahoo! Content Review (Team Size - 15 Members)
Mar’09 – Jul’10 Tower Lead - Yahoo! Content Review (Team Size - 85 Members & 5 Team Leads)
Highlights:
• Received :
o ‘Operational Excellence Award’ for being part of Focus Group which worked on independent assessment of Yahoo!
Engagement (Achieved Level 3)
o Best Team Lead Award twice in Infosys BPO Ltd. (Alcoa & Yahoo!)
• Introduced the new appraisal system in Alcoa process
• Participated in employee initiatives launched in Alcoa process & ensured employee welfare and attrition management like
‘Inspiration Series & Leaders Speak Series’
• Led the projects such as optimization of resource utilization, improvement in knowledge check scores, reduction of refund
checks and increased the efficiency of referral program
• Completed the Middle Management Leadership Program at Infosys
• Trained and developed the team members in coordination with SMEs and Internal Auditors
• Managed the performance of Team members, identified areas of improvement, allocated resources optimally, ensured
smooth operations & met operational deliverables in terms of targets including quality targets for a specific (sub) process
• Resolved operational issues through con-calls, e-mail and messenger communications
Dec’03 – Mar’06
Accenture India Services Private Limited, Bangalore
Growth Path:
3. Dec’03 - Jun’05 Senior Process Associate – Accounts Payable
Jun’05 – Mar’06 Process Analyst – Accounts Payable
Highlights:
• Won the “Spot Award” for bringing the quality control tool into place to check the duplicate payments in vendor payment
processing as Process Analyst
• Stood as first employee for the project & rewarded with “Blue Ribbon Award” as Senior Process Associate in Accenture
• Acted as Deputy Team Leader (back-up) for 6 persons working on validation of invoices and their timely payments
• Reconciled top 60 vendor accounts in Oracle
• Drove continuous improvement ideas by giving training to new joiners
May’01 – Dec’03
Lee & Muirhead Ltd. (DHL), Bangalore as Senior Accounts Assistant
Highlights:
• Played a key role in managing invoicing and accounting, cash and bank payment vouchers, expenses recoverable, MSIL &
CONCOR accounts, journal entries & rectification entries, service tax payments & filing of half-yearly service tax returns
Jun’00 – Apr’01
HDFC Bank Ltd., Bangalore as Business Executive
Highlights:
• Managed the marketing mutual funds of various AMC’s & maintained client relationships
ACADEMIC DETAILS
2013 PGDBA (Finance) from Symbiosis Centre for Distance Learning, Pune
2000 B.Com. from RBANM's First Grade College, University, Bangalore
PERSONAL DETAILS
Date of Birth: 4th
June 1979
Languages Known: English, Hindi, Telugu, Kannada & Tamil
Passport details: N6970179
Visa Details: US Visa
Address: 122, 4th
Cross, 2nd
Main, Udayanagar, Doorvaninagar Post, Bangalore - 560016, Karnataka