Shivabasava T

About Shivabasava T

PROFILE SUMMARY • Achievement-oriented professional with nearly 14+ years of experience in leading Finance & Accounts functions involving determining financial objectives and designing & implementing policies & procedures to facilitate internal financial/process controls.• Capabilities in controlling financial accounting, preparing ledger books, bank reconciliation statements and finalization of accounts.• Proficient in resolving complicated matters related to taxation & compliance, consolidation, commercial operations, derivative accounting and taxation matters.• Directing execution and development of the Direct/Indirect Tax practice, conducting technical research on latest case laws & circulars, corporate tax mandates for clients and attending external trainings & keeping updated with the latest developments.• Experience in preparation of financial statements and annual closing of accounts as per IGAAP & INDAS• Highly skilled in performing successful risk based internal/statutory audits across processes with impressive success in designing robust control mechanisms for financial reporting.• Expertise in managing fixed assets, bad debts provisions, banking & cash transactions, working capital, audits, and statutory compliance matters.• Expertise in supervising operations of the Accounts Receivable (AR)/ Accounts Payable (AP) section with focus on ensuring efficient processing (payment allocation, reconciliation and month-end reporting) of company receivables through ERP\'s and timely collection as per company policies.• Possess strong decision-making skills to perceive & evaluate alternatives, analyze impact of decisions before executing them and implement decisions with appropriate rationale.• Monitoring Payments such as DE (Delivery Partner- Flipkart, Meesho & Amazon Etc), Daily POs, HUB’s Real Estate, BRS and all Admin Related payouts including Petty Cash for PAN India.• Budgeting and Forecasting- Develop and monitor budgets and provide insights and recommendations based on financial analysis to aid decision-making.

Experience

1. Finance Manager

   LoadShare Networks

   Feb 2023 — Present · Bengaluru, IN

   Process and manage financial transactions, accounts payable, accounts receivable, and general ledger entries.• Budgeting and Forecasting- Develop and monitor budgets and provide insights and recommendations based on financial analysis to aid decision-making.• Analysis and tracking of issues encountered during MEC and discussion with respective department and executive for resolution.• Forecasting of Fund flow V/s Actual consumed monthly along with Trail Balance tracking and glance (Bucket Wise)• Develop and maintain strong relationships with internal and external stakeholders such as operational and cross functional teams along with auditors, tax consultants, and regulatory authorities.• Monitoring Payments such as DE (Delivery Partner- Flipkart, Meesho & Amazon), Daily POs, HUB’s Rental, BRS and all Admin Related payouts including Petty Cash for PAN India.• Identify opportunities to streamline and improve financial processes.• Drive operational efficiency by identifying opportunities for cost optimization and resource allocation across different departments.• Conducting internal audits and reviews on Monthly Basis.• Supporting new joined employees for better understanding of the process and responsibilities towards the Operation and Company Objectives.

Education

• Visvesvaraya Technological University

  Master of Business Administration (M.B.A.), Finance and Financial Management Services

  2008 — 2010

• The Institute Of Cost Accountants Of India

  CMA, Banking, Corporate, Finance, and Securities Law

Skills

• Research
• Powerpoint
• Microsoft Excel
• Financial Analysis
• Operations Management
• Sql
• Banking
• Team Management
• Financial Modeling
• Oracle
• Mis
• Financial Reporting
• Strategic Planning
• Microsoft Office
• Business Development