Mahesh Raju
Manager - Financial Accounting @Tesco Bengaluru
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WORK HISTORY
Manager - Financial Accounting @Tesco Bengaluru
Karnataka, IN
In my current role as Manager of Inventory Accounting at Tesco, I lead a 12-member finance team, ensuring the accurate and timely execution of Inventory and Commercial Income (R2R) accounting operations. I oversee the review and approval of inventory journals, ensuring compliance with internal controls and accurate financial reporting. My responsibilities include conducting risk assessments, implementing financial controls, and leading review meetings with the Finance Controller to maintain governance over balance sheet reconciliations.I have successfully designed and executed inventory provision accounting for seasonal and slow-moving stock, enhancing provisioning accuracy and audit readiness. Additionally, I have driven process risk mitigation and performance management by tracking KPIs and supporting internal and external audits, which has resulted in improved operational efficiency and control integrity.
EDUCATION
Vijaya College, Bengaluru
BCom - Bachelor of Commerce, bcom
ABOUT MAHESH RAJU
Hello! I am Mahesh Raju, a results-driven Finance Manager with nearly 12 years of experience specializing in Inventory Accounting and Commercial Income (R2R). My career has been dedicated to strengthening financial controls, driving process efficiency, and delivering accurate financial reporting. I thrive in leading high-performing teams and supporting strategic business decision-making, ensuring that financial operations align with organizational goals. Throughout my career, I have successfully managed month-end close processes, inventory provisions, and balance sheet reconciliations for large retail enterprises. I take pride in mentoring teams and implementing automation and risk mitigation initiatives that enhance reconciliation quality and operational efficiency. My technical proficiency in Oracle Fusion, SQL Teradata, and MS Office complements my strong stakeholder management and leadership skills.Key Achievements- Rationalized two FTE headcounts by simplifying accounting processes, significantly improving operational efficiency- Delivered approximately GBP 1M in cash savings through the design and launch of a sales-based returns accounting model- Led the setup of UK greeting card suppliers, ensuring seamless business onboarding and control alignment- Authored the Business Requirement Document (BRD) for the Deposit Return Scheme (DRS), facilitating system development and automation.
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