Karthik Narayanan

Experience

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  MOFAI CONSULTANCY (SCOPE INTERNATIONAL PRIVATE LIMITED)

  Dec 2003 - Feb 2004

  Consultant

  Role:  Executed entire accounting activities in the organisation. Performed inter-company reconciliation with different business functionalities Issued ad-hoc reports for statutory and timely audits Involved in maintenance of fixed asset (Capitalization, Write off’s and Depreciation). Drafted and submitted Tax Audit Report for the management. Ensured timely calculation & submission of TDS – Vendor Payments, Service Tax – Recon, Working Contract Tax. Oversaw timely release of staff and vendor payments. Show less

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  SCOPE INTERNATIONAL PRIVATE LIMITED

  Mar 2004 - May 2007

  Senior Financial Analyst

  Role:FSSC Reporting – (UK- Country Finance) [PeopleSoft HR] Responsible for Financial and Management Reporting of the Head office and its Subsidiaries, Standard Chartered bank Financial reporting includes preparation of financial schedules forming part of statutory pack that companies with IFRS, Inter company and reserves reconciliation amongst various units, preparing and posting of journals into PSGL Management reporting includes management reallocations of cost and income amongst various units Compilation of the Monthly KRI (key Rick Indicators) and the KCSA 9key Control Self Assessment) for the UK Reporting team. Interacted with multi ethnic community and handled clients relationship as part of Accounts administration and build accounting report Assigned with multi-faceted responsibility across various process. Audit finalization and preparing matters for the board.HRSSC – International Mobility [Finance, Accounts and Taxation] Administered Expatriate movements across 56 countries. Performed reconciliation of reports on all expatriates allowances, with their limits and exceptions. Reviewed cross border recharge for all EXPAT payments. Show less

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  GLOBAL E-BUSINESS OPERATIONS PRIVATE LIMITED Subsidiary of Hewlett-Packard Global Investments B

  May 2007 - Feb 2008

  Business Process Associates

   Managed day-to-day operations of different procure to pay areas including Purchasing, Scanning, Invoice Processing, Exception Handling, Vendor master data maintenance, Payment processing, Travel & Expenses , GL reconciliation and Internal & external customer queries. Ensured to process the invoice/expense vouchers accurately and timely payments to vendor. Responsible for monitoring and presenting the KPI/CPI metrics to the internal and external stake holders and providing the necessary route cause analysis for the fall outs. Driving continuous process improvement initiatives including improving process effectiveness, productivity improvement, sharing best practices and centre of excellence. Regular engagement with team and customer to fix the issues and build a healthy relationship. Developing the queries and generated reports for customer / upper management which summarized multiple information including volume metric, accrual, aged items, expenses, vendor spend, debit balance, etc. Completed month-end closing deadlines. Reviewed unposted accounts payable entries and made coding corrections as requested by G/L department. Managing the different audits including process audit, Internal & external audit, Business controls, SOX and Corporate audit service etc. Show less

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  PEROTSYSTEMS BUSINESS PROCESS SOLUTIONS PVT LTD

  Feb 2008 - Jan 2010

  Analyst - Finance and Accounts

   Preparation and passing of Cash, Expense, Bank and Fixed Asset Vouchers. Handling of all kind of Audit’s like Statutory, Internal, Process and Inventory Audit. MIS on Business wise Expense and Revenues. General Ledger Reconciliation and Posting.  Daily Cash and Bank Reconciliation. Hedging with Bank for all Foreign Wire Transfer. Accounting of Month end Provision entries. Handling of Fixed Asset Auditing and Numbering. Managing Salary reimbursement to Employee’s and partly involved in payroll Process. Show less

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  SCOPE INTERNATIONAL PRIVATE COMPANY

  Jan 2010 - Nov 2013

  Senior Analyst

   Estimated Cost for employee moving on International assignments and allocate employee and travel related to the cost centre as per budgeted statements as Per the International Mobility policy.  Employee compensation calculations in terms of Income Statement, Tax and Other relevant COLA and TP calculations.  Instructed the payroll teams for accurate delivery of compensation to employees on International assignments with adherence to respective Home and host country compliance regulations  Monitor currency fluctuation variances and recommend appropriate changes to CoE  Vendor and expense payment and cost allocation processes.  Worked with global tax team and Tax advisory vendors for statutory reporting requirements.  Provision of accurate and complete compensation data to relevant stakeholders.  Ensuring that payments processed as per finance and audit requirements  Ensuring that KCS (Key Control Standards) are in place and adherence to all Risk  Regulations. Flagging risk issues and taking necessary steps to mitigate issues  Understanding finance reporting and highlighting key discrepancies. Maintenance of payment / master cost trackers. Providing reconciliation calculations for mid-month moves  Transit Insurance process. Suggest & implement process improvements. Identifying pain areas in the current process and do the root cause analysis for the same and come out with appropriate solution. Provide training on Generating Cost Estimates for Long term & Short term expatriates. Master Cost Summary Report Preparation. Show less

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  PROVIDENCE SUPPLIERS PRIVATE LIMITED

  Nov 2013 - now

  Accounting Supervisor

  Work Exposure: ‐ Accounts  Book keeping, Cash Flow Statement, MIS etc. for several clients  Payroll  Monthly VAT and PIT return  Bank Reconciliation, VAT Reconciliation, Salary Reconciliation Internal Audit  Consolidation and preparation of Accounts, Balance Sheet, Profit & Loss and Reconciliation statements leading to finalization of accounts  Verified internal controls & carried out internal audit, providing suggestions for upgrading the internal ERP system  Analysis of stocks & stores – Identification procedures for Slow Moving, Non Moving and Obsolete Show less