Shravani M

About Shravani M

Highly accomplished and results-driven finance professional with experience in leading…

Experience

1. Senior Analyst

   Philips

   Nov 2023 — Present · Chennai, IN

   Oct 2024- PresentSenior Financial Analyst APAC Regiono Managed the month-end and year-end close process, ensuring accuracy and timeliness,covering PO accruals, payroll entries, and inventory accounting.o Prepared Balance Sheet Account Reconciliations, ensuring accuracy, quality, and implementation of effective action plans.o Led monthly trial statement review meetings with Accounting Controllers and Business Partners, delivering variance analysis and actionable insights.o Conduct annual global balance sheet reviews with market leaders to verify account accuracy, focusing on identifying and resolving aged inventory, accounts payable, and accounts receivable balances, as well as related clearing activities.o Managed all Audit Queries, ensuring compliance with SOX regulations.o Created efficient approaches for reconciling pension-related other comprehensive income in accordance with IAS 19.o Developed Power BI reports to enhance visibility into Accounts Receivable and Accounts Payable aging analysis.o Suggested alternative ways of improving the Direct Tax GL\'s reconciliation (i.e, tax provision, DTA, and DTL).Nov’23-Oct’24 - Accounting specialist o Contributed to the \"One Finance\" project, integrating Financial Planning & Analysis withAccounting teams, cross-trained in both fields to enhance departmental collaboration andboost operational efficiency.o Performed variance analysis between actuals, forecasts, and AOP to identify key drivers.o Conducted monthly cost center cycle allocation checks to monitor business unit-level financial movements.o Processed headcount cross charges across multiple regions and conducted Sellex and Market Cost of Sales analysis to support accurate and timelyfinancial reporting.o Supported the annual planning and quarterly forecasting processes for Sellex ensuring timely submission via planning tool.o Collaborated with business units to refine headcount planning projections as part of the Annual operating Plan process.