RAGHAVENDRA RAO NANCHARIMobile: 98660 96850

E-Mail: nraghavendrarao@gmail.com LinkedIn: http://in.linkedin.com/in/vendra007

Finance Head / financial planning, analysis and accounting of a US based MNC

Professional Synopsis

A Finance and Accounting leader with 14 years of proven experience, hands-on knowledge in financial planning, analysis, management and accounting; demonstrated abilities in working capital management, designing, optimizing and automating various internal controls, processes and policies; Effectively coordinating with statutory authorities and external auditors on regulatory matters; An efficient coordinator with the top management and key personnel across different borders and in building ethically strong teams.

Academic Qualifications

Professional 2014 Certified Public Accountant (CPA) (US equivalent of CA) from the American Institute of

Certified Public Accountants (AICPA) through New Mexico Public Accountancy Board, US.Basic2013 Executive Master of Business Administration (EMBA) (Finance) from National Institute of

Business Management, a member institute of AIMA, Chennai (First Class-67%)

1999 Bachelor of Commerce from Sri Venkateswara University, Tirupathi (First Class- 63%)

Technical Skills

Working Knowledge on - Quick Books Online Accounting System, Tally ERP 9 and Wings Accounting Software ERP - Microsoft Dynamics Solomon 6.1

Professional Experience

Apps Associates Group, Hyderabad April 2014 to till date

Apps Associates is a global Oracle applications & technologies implementation and consulting services provider having 600 + employees with offices in US, India, Germany and Middle East.

Title: Consultant – Finance & Accounts Role: Consultant to the Finance Team and the CEO

Apps Associates Group, Hyderabad December 2008 to March 2014

Apps Associates is a global Oracle applications & technologies implementation and consulting services provider having 600 + employees with offices in US, India, Germany and Middle East.

Title: Director – Group Finance & Accounts Role: Finance & Accounting Head for US and India Offices

Job Profile

Monitoring A/R, A/P, G/L teams, their processes and coordinating among teams to ensure smooth operations, Managing cash flow, working with external financial institutions and arranging for the funds for both short/long

term capital requirements, Reviewing and authorising employee Payroll and tax related processes, including the individual tax related

matters for both US and India operations like personal exemptions, 401 (k) deductions, benefits deductions, etc., Reviewing and authorising computations on the employer obligations towards payroll tax and other

contributions and monthly payroll accounting entries,

Monitoring monthly financial closure for both US and India operations and presenting financial statements in the monthly management meetings; reviewing various analytic Management Information Reports (MIS) including project profitability, resource utilization, employee billability, etc.;

Conducting periodic regional and corporate level financial review meetings, appraising on the business performance and advising on the further course of actions,

Working with the management in formulating the annual standard cost rate cards for various levels of associates in the organisation and conducting periodic review against the market benchmarks for any changes,

Working with different stakeholders on the annual budgets and preparation of consolidated Corporate Budget Monitoring and reviewing annual corporate budgets; periodic analysis with actual and advising on variances, Reviewing the vendor reconciliations and authorising issue of Form 1099 at the end of fiscal year, Working with respective external auditors on the statutory audits for both US and India offices at their fiscal end, Working on the annual tax and other statutory filings for both India and US including preparation of individual

financials under IGAAP and US GAAP and consolidated financials under US GAAP, Reviewing, appraising performances and guiding teams in their work; conducting periodic formal and casual

meetings ensuring smooth operations across teams and processes; Team building in line with the expansion plans and increasing business requirements.

Significant Achievements

Built and mentored Accounting Department from ground up; Taken over the finance leadership role when the company was just USD 2M and scaled the finance team with the company growth to USD 40M.

Designed, developed financial Segment Model, various financial and accounting policies and processes, teams and automated the Time and Expenses Entry systems.

Worked and negotiated with the banks to procure a Cash Credit Line of $ 300.00 k for US and Rs. 2.00 Crore for India, and later increased the limits to $ 3.00 million, Rs. 3.00 Crore respectively.

Successfully closed Income Tax scrutiny for the financial years 2007-08 and 2008-09 and Provident Fund scrutiny of records and compliance issues covering 6 years in India, reduced a total tax expense > INR 50.00 Lakhs.

Partnered with the business unit heads in improving the resource utilization through key individual performance analysis and supported in identifying the non-performing resources.

Partnered with the CEO and the GDC Centre Head in achieving the most cost effective and best infrastructure for the expansion plans; reduced costs > INR 10.00 Lakhs per annum.

I was the trusted advisor on finance related matters to the CEO of the company

Ocimum Biosolutions (I) Ltd., Hyderabad December 2007 to November 2008

Ocimum Biosolutions is a global Bio-IT and comprehensive Integrated Life Science Informatics solutions provider.

Title: Sr. Executive – Accounts Role: Team Lead for US Division - Gene Logic Inc.

Job Profile

Working with the US Team on the post-acquisition transition and transfer of Accounting and Finance processes of Gene Logic, Inc. to Offshore in India

Working with the Finance Controller on inter-company reconciliations and consolidation of financial statements Leading and coordinating the statutory audit and working with the external audit team – Ernst & Young.

Significant Achievement - Received Outstanding Team Member Award for successful transition of accounting processes to Head Office in India and for effective external audit coordination covering three fiscal periods.

SIS Software (India) Pvt. Ltd., Hyderabad March 2006 to November 2007

SIS Software provides software solutions in pre-operative processes for hospitals, with offices in US and India.

Title: Sr. Executive – Accounts Role: India Finance and Accounts In-charge

Job Profile

Monthly working capital management, Vendor Payments, Employee Payroll and Tax compliance, Monthly financial books closure and preparing financial statements for management meeting at Head Office Prepare annual budgets and periodic variance analysis, periodic statutory filings and coordinate statutory audits

Significant Achievements – Received Best Performer Award for September, December 2006; January, April and June 2007 and received Best Performer Award for two Quarters in a row – Q 1 and Q 2 (January to June 07).

Hathway Cable & Datacom Pvt. Ltd., Hyderabad – Branch Head-Accounts June 2005 - Feb 2006

Sivashakthi Bio Planttec Ltd., Hyderabad – Divisional Accounts Officer July 2001 to May 2005

Roots Multi Clean Limited – Commercial Executive April 2000 to June 2001

Personal Profile

Date of Birth : 07-06-1978Passport # : G6593767; Visa Status: B1 Visa – Multiple Entries – Valid through 2017Languages Known : English, Telugu, Tamil, can understand Hindi and KannadaAddress : H. No. 1-306/54A, Sreeramnagar Colony, Kapra, ECIL, Hyderabad – 500 062References : Available on Request