Balasubramani  Raman, Manager Financial Planning

Balasubramani Raman

Manager Financial Planning

FLSmidth India Pvt Ltd

Location
India
Education
Master's degree, Commerce
Experience
17 years, 5 Months

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Work Experience

Total years of experience :17 years, 5 Months

Manager Financial Planning at FLSmidth India Pvt Ltd
  • India - Chennai
  • My current job since November 2012

• Support Mining Finance Business Partners with timely and accurate profitability analysis/controlling of new Mining Industry Business Lines upwards to Mining Industry Management
• Perform financial deep dives and transparency and develop models for business steering and strategy support
• Support finance team and business stakeholders in timely ad-hoc analysis and presentations
• Increase productivity by developing automated reporting/forecasting tools

Executive (Team Lead) at Wipro BPO Ltd
  • India - Chennai
  • August 2007 to November 2012

Team lead in Accounts receivables and General Ledger in Telecom process

Accountant at GE Money financial Services
  • India - Chennai
  • January 2007 to August 2008

Oracle, SAP, BW, Telecom billing Application.



Roles and Responsibilities in Ge Money Financial services:

Role in AR, AP & Banking:

•Daily TT Payments (Telegraphic Transfer) to all locations in India.
•Periodically passing Adjustment Entries in ERP.
•Preparation of Bank Reconciliation Statement - Centralised Accounts (Disbursement Reconciliation & Collection Reconciliation),
•Co-ordinating with HO and Locations for all branches throughout India.
•Reconciliation of Receipts with Debtors and Banks.
•Co-ordinating with Auditors at the time of Audit.
•Funding to Inventory, Reverse, Lease, and Payables as per request.
•Processing Excess refund.
•Various type of foreclosure of the customer.
•Cancel, Dummy, Refinance, Port Folio, Normal, Settlement, and Repo Sale.
•Cancel - which is purely cancellation of the loan this account is closed on reversal of the disbursement. (Closed against Disbursement CHQ).
•Dummy - This type of foreclosure done for rectifying the error we can close the old account and rebook the same with rectification.
•Refinance - In this case old loan has been closed against new loan and the balance amount refunded to the customer.
•Port Folio - This is the Portfolio sale of the loans to agents and loan account closed on the basis of the apportionment of the portfolio amount.

•All other accounts has been closed on the basis of foreclosure TOS (This was punched by Location) Amount. TOS amount is what we have collected from the customer.

Role as Account Assistant in New India Insulation & Interior Decorators:

•Reviewing statutory books of accounts viz., journal, ledger and cash vouchers/journal vouchers.

•Provide MIS on all type of expenses and income analysis and trend analysis and providing reason for any change in trend.

•Account Reconciliation and Bank Reconciliation.

•Reviewing all the Purchase Invoices and Sales Invoices
•Monitor, Investigate and resolve outstanding issues.
•Presenting a true and fair view of the financial position of the company by preparing financial statements viz, P&L Account, Balance Sheet and annual reports.

•Submitting Monthly Stock Statement and book debts statement to the bank.

•Physical Stock checking.

•Monthly Sales Tax Returns

•TDS

Education

Master's degree, Commerce
  • at Pachaiyappa’s collegeMadras University
  • May 2005

Masters in Commerce and Business Administration

Master's degree, Finance
  • at Pachaiyappa’s collegeMadras University
  • May 2005

Completed Master in Commerce; Masters in Business Administration and Bachelor of Law

Specialties & Skills

Power Tools
Onestream
ACCOUNTANCY
ACCOUNTING
ACCOUNTING SOFTWARE
ACCOUNTS PAYABLE
ACCOUNTS RECEIVABLE
AP STYLE
BANK RECONCILIATION
BILLING

Languages

English
Expert

Hobbies

  • Reading books
    Books for personality development