1. RAGHAVENDRA RAO NANCHARI
Mobile: 98660 96850
E-Mail: nraghavendrarao@gmail.com LinkedIn: http://in.linkedin.com/in/vendra007
Finance Head / financial planning, analysis and accounting of a US based MNC
Professional Synopsis
A Finance and Accounting leader with 14 years of proven experience, hands-on knowledge in financial
planning, analysis, management and accounting; demonstrated abilities in working capital management,
designing, optimizing and automating various internal controls, processes and policies; Effectively
coordinating with statutory authorities and external auditors on regulatory matters; An efficient
coordinator with the top management and key personnel across different borders and in building ethically
strong teams.
Academic Qualifications
Professional
2014 Certified Public Accountant (CPA) (US equivalent of CA) from the American Institute of
Certified Public Accountants (AICPA) through New Mexico Public Accountancy Board, US.
Basic
2013 Executive Master of Business Administration (EMBA) (Finance) from National Institute of
Business Management, a member institute of AIMA, Chennai (First Class-67%)
1999 Bachelor of Commerce from Sri Venkateswara University, Tirupathi (First Class- 63%)
Technical Skills
Working Knowledge on -
 Quick Books Online Accounting System, Tally ERP 9 and Wings Accounting Software
 ERP - Microsoft Dynamics Solomon 6.1
Professional Experience
Apps Associates Group, Hyderabad April 2014 to till date
Apps Associates is a global Oracle applications & technologies implementation and consulting services provider
having 600 + employees with offices in US, India, Germany and Middle East.
Title: Consultant – Finance & Accounts Role: Consultant to the Finance Team and the CEO
Apps Associates Group, Hyderabad December 2008 to March 2014
Apps Associates is a global Oracle applications & technologies implementation and consulting services provider
having 600 + employees with offices in US, India, Germany and Middle East.
Title: Director – Group Finance & Accounts Role: Finance & Accounting Head for US and India Offices
Job Profile
 Monitoring A/R, A/P, G/L teams, their processes and coordinating among teams to ensure smooth operations,
 Managing cash flow, working with external financial institutions and arranging for the funds for both short/long
term capital requirements,
 Reviewing and authorising employee Payroll and tax related processes, including the individual tax related
matters for both US and India operations like personal exemptions, 401 (k) deductions, benefits deductions, etc.,

2.  Reviewing and authorising computations on the employer obligations towards payroll tax and other
contributions and monthly payroll accounting entries,
 Monitoring monthly financial closure for both US and India operations and presenting financial statements in
the monthly management meetings; reviewing various analytic Management Information Reports (MIS)
including project profitability, resource utilization, employee billability, etc.;
 Conducting periodic regional and corporate level financial review meetings, appraising on the business
performance and advising on the further course of actions,
 Working with the management in formulating the annual standard cost rate cards for various levels of associates
in the organisation and conducting periodic review against the market benchmarks for any changes,
 Working with different stakeholders on the annual budgets and preparation of consolidated Corporate Budget
 Monitoring and reviewing annual corporate budgets; periodic analysis with actual and advising on variances,
 Reviewing the vendor reconciliations and authorising issue of Form 1099 at the end of fiscal year,
 Working with respective external auditors on the statutory audits for both US and India offices at their fiscal end,
 Working on the annual tax and other statutory filings for both India and US including preparation of individual
financials under IGAAP and US GAAP and consolidated financials under US GAAP,
 Reviewing, appraising performances and guiding teams in their work; conducting periodic formal and casual
meetings ensuring smooth operations across teams and processes; Team building in line with the expansion
plans and increasing business requirements.
Significant Achievements
 Built and mentored Accounting Department from ground up; Taken over the finance leadership role when the
company was just USD 2M and scaled the finance team with the company growth to USD 40M.
 Designed, developed financial Segment Model, various financial and accounting policies and processes, teams
and automated the Time and Expenses Entry systems.
 Worked and negotiated with the banks to procure a Cash Credit Line of $ 300.00 k for US and Rs. 2.00 Crore for
India, and later increased the limits to $ 3.00 million, Rs. 3.00 Crore respectively.
 Successfully closed Income Tax scrutiny for the financial years 2007-08 and 2008-09 and Provident Fund scrutiny
of records and compliance issues covering 6 years in India, reduced a total tax expense > INR 50.00 Lakhs.
 Partnered with the business unit heads in improving the resource utilization through key individual performance
analysis and supported in identifying the non-performing resources.
 Partnered with the CEO and the GDC Centre Head in achieving the most cost effective and best infrastructure for
the expansion plans; reduced costs > INR 10.00 Lakhs per annum.
 I was the trusted advisor on finance related matters to the CEO of the company
Ocimum Biosolutions (I) Ltd., Hyderabad December 2007 to November 2008
Ocimum Biosolutions is a global Bio-IT and comprehensive Integrated Life Science Informatics solutions provider.
Title: Sr. Executive – Accounts Role: Team Lead for US Division - Gene Logic Inc.
Job Profile
 Working with the US Team on the post-acquisition transition and transfer of Accounting and Finance processes
of Gene Logic, Inc. to Offshore in India

3.  Working with the Finance Controller on inter-company reconciliations and consolidation of financial statements
 Leading and coordinating the statutory audit and working with the external audit team – Ernst & Young.
Significant Achievement - Received Outstanding Team Member Award for successful transition of accounting
processes to Head Office in India and for effective external audit coordination covering three fiscal periods.
SIS Software (India) Pvt. Ltd., Hyderabad March 2006 to November 2007
SIS Software provides software solutions in pre-operative processes for hospitals, with offices in US and India.
Title: Sr. Executive – Accounts Role: India Finance and Accounts In-charge
Job Profile
 Monthly working capital management, Vendor Payments, Employee Payroll and Tax compliance,
 Monthly financial books closure and preparing financial statements for management meeting at Head Office
 Prepare annual budgets and periodic variance analysis, periodic statutory filings and coordinate statutory audits
Significant Achievements – Received Best Performer Award for September, December 2006; January, April and June
2007 and received Best Performer Award for two Quarters in a row – Q 1 and Q 2 (January to June 07).
Hathway Cable & Datacom Pvt. Ltd., Hyderabad – Branch Head-Accounts June 2005 - Feb 2006
Sivashakthi Bio Planttec Ltd., Hyderabad – Divisional Accounts Officer July 2001 to May 2005
Roots Multi Clean Limited – Commercial Executive April 2000 to June 2001
Personal Profile
Date of Birth : 07-06-1978
Passport # : G6593767; Visa Status: B1 Visa – Multiple Entries – Valid through 2017
Languages Known : English, Telugu, Tamil, can understand Hindi and Kannada
Address : H. No. 1-306/54A, Sreeramnagar Colony, Kapra, ECIL, Hyderabad – 500 062
References : Available on Request