SATYA NARAYAN NERELLAContact: +91 8096990046 / 9949832800 E-Mail: srisatyasai08@gmail.com

Senior Management Professional Finance & Accounts Budgetary Control

CORE COMPETENCIES

Heading finance & accounts functions, determining financial objectives and designing & implementing systems, policies & procedures to facilitate internal financial and process controls.

Designing business plans for maximizing profitability & revenue generation and realizing corporate goals.

Conducting financial due-diligence for acquiring the assets and takeover of existing business set-ups. Formulating annual budgets and conducting variance analysis to determine difference between

projected & actual results and implementing corrective actions. Overseeing the preparation of MIS reports and the reconciliation statements as well as

undertaking the analysis to assist top management. Monitoring inflow / outflow of funds and taking adequate measures to ensure optimum utilization of

available funds towards the accomplishment of organizational objectives. Evaluating internal control systems / procedures, preparing audit reports with a view to highlight

the shortcomings and implementing necessary recommendations. Implementing stringent systems / measures to establish and maintaining high standards in

compliance with prescribed statutory norms.

ORGANISATIONAL SCANSince July’16 : JSW GBS Ltd., Mumbai as Manager – AR ( Lead for AR Transition )

Major part of receivables for JSW Group is being centralized at Mumbai. Currently responsible for Planning and transitioning activates from all the group companies to Mumbai GBS office. Acting as AR lead , need to plan in detailed for each transition like team to be trained , scope of transition, retained and GBS team , cut over documents , sign offs. Systems and software requirements etc. Prior to this was a part of system designing team. We have done testing with users before moving the same to production. Aware of complete cycle of transition. Will discuss in detailed when needed.

Since Jun’08 to July’16 : JSW Cements Ltd., Hyderabad (Telangana) as Manager – Accounts

Key Deliverables Controlling revenue bank account, completing BRS and facilitating the details to Treasury Department

for preparing cash flow and fund management. Accountable for completing reconciliation for Revenue Bank Account, Sales, Debtors and GL Codes and

assuring timely processing of all the transactions pertaining to pervious periods. Ensuring accuracy in Excise Duty/VAT/CST compliances with regards to rate/type and providing details

to Taxation Department to file the timely return. Managing freight bills for disbursing the funds to transporters and devising new system for freight bill

passing with the help of IT. Serving as a member of SAP implementation, enhancing the existing processes and ensuring smooth

and effective implementation of Sales and Distribution Module. Devising profitability statements every month, collating and presenting data in desired manner. Apprising Senior Management /Marketing Team about any case related to cheque dishonour, ensuring

collection and proceeding with issue of notice under Section-138 of NI act.

Notable Attainments Essayed a stellar role in:

Handling indent approval process, and tracking the budgets (through systems). Providing management with project cost and availability/ utilization of funds. Managing sales accounting and receivables.

Functioned as a team member for carrying out capitalization. Successfully implemented Cash Management Services (CMS) and Letter of Credit Facility (LC). Served as a single point of contact for all the queries related to Sales and Collections Accounting. Authorized to approve debit/credit notes & ensured correctness of the claims and usage of proper GL

codes. Adeptly imparted training to the team members on the basics of excel and effective utilization. Standardized the invoicing and saved cost there off. Streamlined billing process of Slag for JSW Cement ltd, And receivable accounting.

Dec’06 – Jun’08: IBM Daksh BTO (A subsidiary of IBM, USA), Bangalore as Asst. Manager – F&A

Key Deliverables Involved in:

Generating various profitability and cost matrix for ASEAN CFO’s for their periodic review meeting with Director.

Planning periodic/regular calls with clients, understanding their expectation, assisting team to exceed customers’ expectations, monitoring the operational deliverables and driving team to achieve the set goals.

Served as a Financial Approver for various services and capital related expenses for PRC, Taiwan and Hong Kong regions.

Accountable for inter-company billings related to travel and salary for five regions of Asia Pacific i.e, India, Grater China Group, Asean Nations, ANZ and APHQ (Japan).

Extended support to team in process transition, mobilized resources to achieve the timelines of the project and evaluated the training requirements of the team both process and non-process related.

Supervised effective leave management, ensured optimal utilization of resources to meet operational requirements and examined compliance to all HR policies and procedures.

Assessed the daily performance & quality reports and verified timely and accurate submission of dash board to clients.

Notable Attainments Bestowed with the GEM Award for outstanding performance for the team and individual role based on

customer feedback.

PRECEDING ASSIGNMENTS

Apr’04 – Dec’06: Coromandel Fertilizers Ltd. (Murugappa Group), location Kurnool as Asst. Manager - Accounts

Mar’01 – Apr’04: GE Capitals International Services, location Hyderabad as Process Associate Jan’99 – Mar’01: ECCOLET SKO, location Chennai as Associate Accountant

EDUCATION & CREDENTIALS

MBA (Finance) from Indian Institute of Business Management and Studies, Bangalore in 2011CA (Inter) from ICAI, New Delhi in year.

B.Com. from Berhampur University, Orissa in 1994.

IT Forte: Conversant with MS Office Suite (Word, Excel & PowerPoint), Oracle Financials – R11 – User Level Knowledge of AP, AR, GL and MM SAP - FICO, MM, SD and Internet Applications.

PERSONAL SNIPPETS

Date of Birth : 2nd July, 1974Linguistic Abilities : Telugu, Oriya, Hindi, English and TamilPassport Status : B3550320Present Address : Flat No.: 201, H. No.: 1-8-11, Shiva Sai Residence, Behind Municipal

Office, 2nd Floor, Temple Alwal, Secundrabad