Vinay G Rao

About Vinay G Rao

Finance and Accounts professional with 13 years of experience in financial management, statutory compliance, audit coordination, and strategic decision-making across global organizations. Adept at handling general ledger management, financial reporting, variance analysis, budgeting, and cash flow optimization, ensuring financial efficiency and compliance with US GAAP, IGAAP, and IFRS standards.Experienced in month-end, quarter-end, and year-end financial closures, including balance sheet reconciliations, journal entries, and intercompany accounting. Strong expertise in T&E management, fixed assets, expense accruals, and prepaid expenses, ensuring accuracy and compliance across multiple cost centers.Proficient in MIS reporting, including profitability statements, cost center analysis, budget vs. actual variance reports, and revenue & expenditure variance analysis, providing actionable financial insights. Skilled in treasury management, forex payments, and working capital optimization, ensuring liquidity and financial stability.A results-driven finance leader with a proven track record in process improvement, ERP system automation, and financial process re-engineering, utilizing platforms such as Tally ERP, Maconomy, QuickBooks, Zoho Books, and Power BI for financial analysis and reporting.Passionate about team leadership, mentoring, and stakeholder collaboration, fostering a high-performance finance team while ensuring seamless coordination with auditors, regulatory authorities, and senior leadership. Committed to driving financial efficiency, operational excellence, and business growth through data-driven decision-making and process optimization.

Experience

1. Assistant Manager - Finance & Accounts

   Amicorp Group

   Jun 2024 — Present · Bengaluru, IN

   Responsibilities:• Maintain the general ledger and ensure accurate financial records, including conducting weekly trial balance reviews and identifying discrepancies.• Prepare and analyze financial statements, audit schedules, and management reports, along with performing Balance Sheet and P&L variance analysis to investigate fluctuations.• Manage month-end and year-end close processes, ensuring timely journal entries and reconciliations, while overseeing key accounting areas such as T&E expenses, intercompany transactions, prepaids, fixed assets, and expense accruals.• Ensure compliance with statutory requirements by managing timely statutory reconciliations and filing periodic statutory returns with accuracy.• Coordinate with external auditors, providing necessary documentation, addressing inquiries, and maintaining strong internal financial controls to ensure regulatory compliance.• Prepare annual budgets and conduct variance analysis to provide management with valuable financial insights for strategic decision-making.• Generate MIS reports, including profitability statements, budget vs. actual variance reports, cash flow forecasts, and cost center tracking, to support business planning and financial control.• Drive process improvements by evaluating financial operations and implementing system enhancements to optimize efficiency and accuracy.• Collaborate with regional offices, relationship managers, and account managers to streamline operations and ensure seamless financial transactions.• Oversee work distribution from the IAD mailbox, ensuring timely execution of financial tasks and addressing operational challenges.• Lead financial decision-making processes while ensuring adherence to corporate policies and regulatory standards.• Supervise, mentor, and train finance team members, setting team roadmaps and ensuring effective communication for enhanced productivity.

Education

• Vijaya Evening College, Bangalore

  Bachelor of Commerce (B.Com.), Business/Commerce, General, income Tax

  2009 — 2012

• Dayananda Sagar University

  Executive MBA, Financial Management

Skills

• Business Strategy
• Internal Audit
• Payroll
• Financial Statements
• Team Management
• Financial Accounting
• Accounting Consulting
• Auditing
• Accounting
• Finance