Dharmendra Sethi

Experience

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  Parsec Technologies

  Jun 2004 - Feb 2008

  Deputy Manager

  Streamlined the Accounting operations including the General Ledger reconciliations, book keeping, Accounts Payable, AR aging, bank reconciliations, Functional MIS and Business reporting.Handled internal Audits and corporate tax & legal compliances. Preparation of financial statement including accounting schedules for audit and reviews. Also worked closely with the project team.

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  Agilent Technologies

  Mar 2008 - Dec 2008

  Tax Representative

  Compliance officer for the ongoing in-house projects, Corporate Indirect Tax Returns and statutory compliance. Helped service tax audit and fulfilling requirements. Effective review of tax system of India operations & Supervision . Identifying the compliance gaps and preparing the corrective action flow charts.

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  APRA & Associates

  Apr 2009 - May 2010

  Dy Manager

  Ensured closure of clients open cases for tax. Reply to judicial pronouncements and SCN’s to bring clarity to law provisions. Effective tax management of clients.

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  TeamLease Services Limited

  Jun 2010 - Sept 2011

  Assitant Manager Finance

  • Responsible for complete month end close and financial reporting and support corporate Audit. • Controlling the hedging claims calculations & payment to distributors.• Ensuring the complete statutory compliance, including Transfer Pricing and legal notices. • Worked closely with corporate auditors for audit findings, reporting & service tax refund claims.

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  RELX Group

  Sept 2011 - Oct 2018

  • Partnering with key functional stakeholders, involving CEO, HR, Marketing, Sales and operations • Lead the quarterly financial planning & analysis, Annual Budgeting and Operating plans. Also ensures management reporting for planning and budget presentations to corporate Directors. • Perform Business Development and Business process transformation led by continuous interac-tions with functional teams. • Strategic evaluation of Business plan for projected Topline Revenue, Cost, Capax and Bottom-line Profitability. • Coordinates and support leadership to extensive monthly business review with global stake-holders backed by monitoring month end close/Trading P&L. • Product level Portfolio Management for retained and divested business and provide commercials to cover the risk issues. • Business Decision Support (BDS) to influence day to day business decisions and drive for business results. • Analysing P&L results and preparing & presenting Commentary on monthly Management results and variance analysis and presenting the same with Indian and Regional/corporate ( AU and US) Leadership Teams. • Financial modelling for sales incentives/commissions and retain business. • Global Hyperion & work force tool operation for financial planning upload, adjustment and out-put. • Supervise and finalisation of consolidated financial statements, Intercompany transactions, re-viewing the corporate/central cost allocations, GST compliances and general ledger reconciliation. • Preparing the detailed revenue and composite business metrics containing Revenue Analysis, Functional cost (Global and Local), POS (Subscription movement), Customer counts, & FTE’s. • Forecast cash flow position, work with global and local Treasury Management teams for capital infusions from intercompany, intragroup funding, refinancing, and loan disbursements. Show less • Supervising and providing directions for key accounting functions to ensure the accuracy of GL, AP, AR, Payroll, FA, Managing Treasury, Cash/bank ( including payment authorization), Audit, Compliances, procedures, systems and effective internal controls.• End to End statutory, tax & internal Audit of RELX India Group, including consolidations of financials of multiple divisions, following the accounting practices with applicable IFRS/IAS/IGAAP & reporting, and related secretarial services. • Month end reporting including cross functioning with multiple departments/divisions and ensuring the timely close & correct upload and its review. • Scrutinizing general ledger to reconcile the direct and indirect expenses/ COGS/ FA treatment, commission calculations, sales recons, purchase accounting, PO and application of relevant ac-counting standards. • Review of internal taxation system & overcome the defects of non-compliance of taxes. • Fully responsible for monitor tax assessments (Direct and Indirect), transfer pricing, closure of tax notices & SCN’s for Group and liaison with tax experts to understand tax impact on business mod-el. • Ensuring legal, regulatory & tax compliance. Reviewing the TDS, VAT, service tax, advance tax pay-ments, bank guarantees, FDR renewals, International Tax-PE/Royalty/structures. • Liaising and negotiating with banks for raising working capital requirements from time to time.• Overseeing treasury functions including optimum utilization of surplus funds, controlling manage-ment of funds & securities.• Working as a trustee of board of trustees for pension plan, gratuity and superannuation schemes. Undertaking the investment policies and assessment of capitalized funds. Show less

  • Sr. Manager Finance & FP&A

    Sept 2014 - Oct 2018

  • Manager Finance

    Sept 2011 - Sept 2014
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  Eye Care Leaders

  Oct 2018 - now

  Finance Controller

  • Partnering with key functional stakeholders including CFO, HR, Practices and operations to align finance initiatives with business objects. • Lead the end to end financial functions of business portfolio worth $120Mn of business and its budgetary exercise. • Ensuring seamless financials operations and month end close reporting to dashboard team with detailed commentary. • Evaluate the accounting records and prepare business centric reports for management discus-sions. • Preparation and review of financial statements, its consolidation and related schedules and Inter-company reconciliations. Ensuring the Due Diligence exercise submissions with backup details. • Control AP accounting, establish internal control for GL close on cut dates, monitor accounting system and recommend changes, Treasury management and Payment runs on periodic levels. • Analysing the financials numbers from business reports and presenting commentaries to business stakeholders along with variance analysis. • Process and operational efficiency to reduce the cost and ensure practice optimization. • Re-assessing the Quality of earnings report giving the complete view of business operations, P&L along with EBITDA and Pro-forma adjustments for respective practices. • Realigning the existing financial processes and controls to match business and operational needs.• Consolidation of M&A reporting pack and work with global M&A portfolio team along with Covenant Compliance. • Prepare and ensure timely submission of details for state tax returns and filings.• Supervising and administering team of qualified accountants, supporting operations deliverable. Show less