Chitra Govindarajan

Experience

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  Sundaram & Srinivasan Chartered Accountants

  Jan 2006 - Jan 2009

  Articleship

  • Statutory Audits of manufacturing and trading companies. Also engaged in branch statutory audit of a telecommunication company• Internal Audit of construction companies• Other special assignments:  Audit of EPCG license compliance  Supplier Reconciliation and Inter branch reconciliation

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  Sundaram Clayton Limited

  Oct 2009 - Sept 2011

  Finance: • Ensured meticulous compliance with statutory requirements of NBFC, navigating complex regulatory landscapes adeptly.• Comprehensive financial reporting under India GAAP standards, ensuring precision and adherence to regulatory frameworks.• Facilitated timely statutory audits through seamless cross-functional collaboration, ensuring accurate and efficient completion.Direct Taxation:• Provided expert consultation on Double Taxation Avoidance Agreements (DTAA), offering strategic tax advice and solutions.• Handled assessment proceedings and hearings for Sundaram Clayton Limited and its subsidiaries, ensuring procedural efficiency and compliance.• Prepared detailed status reports for assessment proceedings and orders, aligning with statutory audit and management requirements.• Managed tax computations, filings for Companies/Individuals, ensuring accuracy and compliance while assisting tax authorities for seamless order implementation.• Oversaw tax compliance and financial reporting for the Trust – The CSR arm of Sundaram Clayton and its Subsidiary TVS Motor Company Limited.• Assisted group companies in the recognition and renewal processes for Research & Development centers, contributing to innovation and growth initiatives.Secretarial Support and Compliance:• Supported the Secretarial Team in preparing crucial documentation for Board Meetings, ensuring meticulous filing of Annual Returns with MCA. Voir moins • Conducted comprehensive fact-finding and in-depth assessments of systems and processes, engaging with operational management and staff for a holistic understanding• Evaluated existing controls, meticulously identifying gaps and weaknesses, and recommended enhancements to fortify operational frameworks.• Executed rigorous testing of controls to ensure compliance and effectiveness, utilizing selective sample transactions for thorough evaluation.• Documented findings meticulously and engaged in discussions with management, offering valuable insights and actionable recommendations.• Suggested corrective measures aligned with industry-leading standards and practices, ensuring optimized and fortified operational control frameworks. Voir moins

  • Assistant Manager

    Jan 2010 - Sept 2011

  • Senior Executive – Internal Audit

    Oct 2009 - Jan 2010
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  Ernst & Young

  Mar 2012 - Oct 2012

  Consultant

  • Evaluated clients’ business processes, optimizing controls to adapt to evolving regulations and industry governance, ensuring future compliance and operational efficiency.• Dynamic Internal Auditor renowned for optimizing operational efficiency and risk mitigation. Proficient in crafting and meticulously reviewing Risk Control Matrices (RCM), fostering process enhancements, and implementing industry-standard benchmarks.

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  VMware

  Jan 2013 - Jan 2014

  Analyst - Software License Compliance

  • Analyzed Enterprise License Agreements (ELA), pinpointing terms influencing analysis and reporting requirements for customer software deployment.• Scrutinized customers' reported software deployment, ensuring data accuracy and completeness, while seeking clarifications from customers and sales representatives when needed.• Investigated historical extraordinary corporate transactions (mergers, acquisitions, consolidations, etc.) using Hoover’s and company websites to inform analysis.• Produced reconciliation reports and initiated service requests for record updates based on findings, collaborating with internal teams for timely and accurate updates of customer install base and portal records.• Maintained comprehensive customer records on SharePoint, communicating regularly with the US License Compliance Manager to align on deliverables and expectations via various mediums.• Contributed to ad hoc projects as required, ensuring adaptability and support across diverse operational needs. Voir moins

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  Honeywell

  Jan 2014 - Nov 2016

  Senior Finance Specialist

  Financial Reporting Expertise:Diligently managed financials, ensuring strict adherence to India GAAP and Ind AS, navigating evolving accounting standards and statutory requirements, notably transitioning seamlessly from Companies Act 1956 to 2013 with acclaim for flawless execution.Generated precise MIS reports reconciling US GAAP and India GAAP financials, facilitating accurate decision-making and championed a seamless India GAAP to IND AS transition, recognized for meticulous planning and execution.Comprehensive Financial Management:Prepared monthly financials aligning with US GAAP, presented detailed flux reports, managed HFM reporting for consolidation, and ensured timely SEC filing compliance.Led robust SoX and statutory audits, fostering cross-functional collaboration, and partnered with Business Finance teams for precise revenue recognition aligned with US GAAP and India GAAP against AOP.Operational Oversight and Leadership:Directed Fixed Asset accounting, executed Hedge Accounting under AS 30, and nurtured high-performing teams through development and mentorship initiatives.Orchestrated the Annual Operating Plan alignment for the IT Enablement Business with the overarching Strategic Plan, and led cost structure realignment for a streamlined billing model." Voir moins

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  Finastra

  Jan 2016 - Jan 2017

  Assistant Manager Finance

  • Analyzed software sale, post-sale services, and implementation contracts, producing concise summaries and updating revenue recognition checklists for accurate identification of revenue streams.• Orchestrated end-to-end accounting procedures for both revenue and non-revenue sectors, overseeing Fixed Asset Registers (FAR), accruals, prepayments, and journals.• Ensured timely and seamless closure of month-end cycles, guaranteeing accurate and efficient reporting processes.• Oversaw monthly schedules, ensuring audit-ready standards, managing audit processes, resolving discrepancies, and escalating issues to management when necessary• Led the orchestration of monthly, quarterly, and annual business reports for the leadership team, delivering in-depth insights into business performance.• Adopted a proactive management approach, resolving issues promptly by collaborating closely with local managements and stakeholders, spearheading a balance cleanup project.• Fostered effective global stakeholder relationships, serving as a dependable point person, effectively managing expectations, and consistently delivering results.• Managed a team of six, including qualified CAs, by setting goals, overseeing tasks, recognizing and resolving performance issues, organizing team-building initiatives, and fostering a cohesive work environment. Voir moins

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  Chartered Accountants

  Sept 2017 - Jan 2019

  FCA

  • Spearheaded finalization and audit support for multiple Honeywell India Group Companies, ensuring seamless compliance and timely sign-off on consolidated financials during the crucial demerger phase.• Developed and delivered precise financial projections tailored for MSMEs, pivotal in facilitating successful submissions to banking institutions, fostering trust and securing vital financial partnerships. • Income tax filing for MSMEs and individuals• Led seamless GST registration processes and timely filing of returns, ensuring stringent compliance and optimal financial management for diverse entities. Voir moins

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  VMware

  Jan 2019 - Jan 2021

  Supervisor

  • Spearheaded a high-performance team to ensure flawless execution of Month-End GL activities, surpassing stringent timelines consistently• Conducted comprehensive reviews of P&L, Balance Sheets, and Flux Analysis, driving insightful decision-making and fostering financial health.• Seamlessly collaborated with external auditors (Big 4 firms), ensuring swift and precise completion of audits, maintaining top-notch compliance standards.• Led internal audits, meticulously reviewing the risk control matrix to fortify SOX compliance, ensuring robust and efficient operational controls.• Drove transformative process enhancements, optimizing efficiencies to streamline operations and elevate overall performance.• Crafted, communicated, and managed employee performance plans and departmental objectives, fostering a culture of professional growth and achievement. Voir moins