Deputy Manager - Finance
Caterpillar Inc.
Total years of experience :23 years, 8 Months
Current Job Profile
Currently Employed with - M/s. Caterpillar India Private Limited (a subsidiary of Caterpillar Inc., USA) from December 1992 and held various positions. Caterpillar is the world's largest manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines with the sales and revenues around USD 55 Billion.
Current Position: Deputy Manager -Finance
Period : Since January 2011
Job Roles and responsibilities
Handling Inventory Controls for $100 Million Inventory
Risk Management - SOX, Fraud & Anti-Bribery Controls.
Holding a position in Trusted Advisors Group that supports Operations / Business Decisions in an Integrated Manufacturing Environment.
Key Responsibilities
• Financial Representative on Cost Benefit Analysis
• Operations Team on the cost related operations decisions
• Execution of corporate controls & procedures in and around Inventory.
• Reporting to corporate on Key metrics relating to Inventory Adjustments.
• Approver for many of material movement as controls accountant.
• Review and create Reserve for Obsolete & Surplus Inventory
• FIFO Inventory Valuation Adjustment
• Scrap Disposal Management including handling Auctions
• Ledger Review and monthly book closing
• Working on Cost Reduction Projects to improve Inventory Turns
Previous Position: Team Leader - Payroll
Period : July 2005 to December 2010
Job Roles and responsibilities
Heading entire Payroll Functions
Key Responsibilities
• Payroll Ledger Control
• Payroll Accounts Control
• Account Reconciliation Approver
• Payroll Cost Accruals.
• Payroll Expenses Analysis.
• Employees’ Income Tax Compliance.
• Full & Final Settlements
• Authorize Monthly Payroll Process and Reconciliation
• Gratuity/ Superannuation Compliance & Liasion with LIC.
• Superannuation & Gratuity Trust Administration
• International Service Employees Payroll process and Income Tax Compliance.
• International Service Employee Tax Compliance
• Inter-Company Cost Reimbursement.
• PF Compliance for International Service Employees.
• Gratuity / Leave Valuation and accrual in books.
• Incentive Plan Administration
• Authorized Signatory for TDS Certificate
• Directors Report and Directors’ Remuneration
• Hypo Tax Computations for International Service Employees.
• Payroll Report for USA Tax Compliance.
• ISE Tax Equalization Accrual and Reconciliation.
• Payroll Cost for Business Plan
Previous Position: Senior Accounts Officer - Banking / Treasury Operations:
Period: October 1996 to June 2005
Key Responsibilities
• Bank Account Maintenance & Electronic Fund Transfer - EFT/RTGS
• Bank Reconciliation
• Cash Flow
• Cash Operations
• Loan Account Management & Interest accounting
• Liasioning with Banks for LC / BG / HUNDIES etc.,
• Cash Management Account Reconciliation.
• Fund Requirement Statement.
• Liasion with Banks on Foreign Inward Remittances.
• Validating / Procedural & Evidential documentation of controls for AP in risk navigator as per USA Sarbanes Oxley Regulatory Compliances.
Previous Position: Accounts Officer - Accounts Payable
Period- Dec 1992 to Sept 1996
Key Responsibilities
• Local Purchase Journal Accounting.
• Employee Suspense Accounting & Expenses Accrual.
• GRIR based bill verification.
• Vendor Debit / Credit Note
• Vendor Bills Processing & Reconciliation of accounts.
• Vendor Advance and Security Deposits Control
• Sundry Creditors Ledger Maintenance.
Educational Qualifications Certified Management Accountant, USA (Mutually recognized by ICAI, India) MBA: Indira Gandhi National Open University. M.Com: Graduated as Master of Commerce from the University of Madras. B. Com: Graduated as Bachelor of Commerce from the University of Madras.