Rajnarayan Karmakar

About Rajnarayan Karmakar

Chartered Accountant with 20+ years of experience in strategizing and managing operational growth in diverse industries and environment along with team management. Vision to optimize operation profitability, productivity and efficiency through better Predictive financial forecasting & Budgeting, business re-engineering, business recast, transformation, continuous improvement (Lean & Six Sigma) and automation (RPA & VBA). Currently, leading FPNA, transformation and continuous improvement for multiple clients of Tata Consultancy services to bring operational (PTP, OTC, RTR) efficiency, deliver productivity, win gain share projects, strategy to meet KPIs and maintain account margins.• Major experience of 15 years’ in FPNA, Re-engineering, recast, financial analysis, audit, team managing and 5 years’ experience in Transformation, continuous improvement including robotics in manufacturing/KPO/BPO/IT/ITES Industry• Financial Planning & budgeting (GBP, SII, OP-Plan, Pacing)- Planned and implemented budget, operational strategy and reviewed health of business with all senior stakeholders for profitability• Financial Analysis and reporting – Analysis of Balance sheet, P/L, Cash flow analysis (Direct & Indirect), CAPEX, OPEX, Net working capital crusade, Base Cost, FX, Fixed asset, Inventory management, Purchase price variance, order, convertible orders, backlog, convertible backlog, sales, Cogs, gross margin, SG & A, Operating Profit, Inc from continuous operation, Net income, One Offs, EBITDA, Unlevered free cash flow (ULFCF), GL Closing & Reporting, designing power BI dashboard• Lean & Sig sigma quality along with automation - FMEA, VSM to identify Kaizens, end to end study to deliver Productivity, business impact, value share. AP Process – Rework, error and cycle time reduction in invoice & payment processing, ensure Vendor master setup correct, Helpdesk support, improve POT %. AR Process – automation of cash receipt & application, reduction of un-application cash. RTR Process –Month end standardization & closing, COE build-up, JE upload automated, Recs (Cash & bank) automation• Business Re-engineering - re-engineer the existing process to increase customer centricity & process efficiency, risk reduction, process simplification, cost reduction• Business Recast - Split the existing business into two / three (B/S, P/L and Cash flow are divided proportionately) which will help you to run and manage the business efficiently • System implementation – Lead the system integration of Hyperion in HQ due to multiple merger and acquisition

Experience

1. Sr Manager Transformation & Fpna (Australian Client Rev 11bn)

   Tata Consultancy Services

   Nov 2021 — Present · Kolkata, IN

   Driving committed Productivity through Transformation, continuous improvement and financial gain share projects including restructuring. Automation introduced around Intercompany billing, cash receipting, cash application, billing automation, cash and bank auto reconciliation within ERP, JE upload in ERP. Continuous improvement through reduction in month end close cycle time, reduction of invoice process cycle time, cash and bank COE building, power BI ops dashboard, process standardization, multiple VBA automation for process improvement, rework reduction, driving value share projects through Interest loss from early payments, Identify aged debit balance greater than 180 days, Identify frequent bad debts against revenue booking. Business Impact projects of clearing aged open items $46M in cash and bank,$110 M from contractor clearing.

Education

• University of Calcutta

  Bachelor's Degree

• The Institute of Chartered Accountants of India

  Chartered Accountant