VENKATRAMANA.SEmail ID: venkatramana987@gmail.com Contact: +91 9966319579

Objective:Financial management position in a growth oriented organization offering diverse job responsibility.

Organisational Experience

PARAXEL INTERNATIONAL INDIA PVT LTD (Jul 2014 - Present)

Currently Working with PAREXEL International India Pvt. Ltd., Hyderabad as Project Finance Support Specialist in Project Accounting Department since Jul 2014

Responsibilities handled as Project Finance Support Specialist :

Project Set Up in OCB and in other systems to recognize revenue.

Allocate Funds to an Active Project & Apply Project Funding

Budget creation in OCB.

Create Project Billing Events for Milestones and Advances Payments in OCB.

Transfer Labour or Expenses to Another Project or Task

Review billing milestones upon each budget change to ensure data accuracy and consistency. 

Enter/Maintain Bill Rates or Discounts For Consultants and Contractors

Provide financial tracking and maintenance support to Project Financial Analysts.

Coordinate approval and issuance of invoices through AR Shared Service center.

Schedule the Billable, Non Billable and Pending Milestones report for Project leader (PL)

Review.

Perform detailed analyses on project expenditures, as requested by Project Leaders or Project

Financial Analysts, by investigating source systems.

Serve as the primary point of contact for ad-hoc queries. 

Load data into Revenue and Forecasting Tool (Internal tool) to recognize Revenue.

Generate Draft Invoices of all the approved unbilled expenses for PL review.

Approve and Release the invoices in OCB to get interfaced into AR.

Credit and Rebill the invoices as per the Client or Internal requirements with necessary

approvals.

Reconcile and provide billing information to Business Operations upon study closure to ensure

accuracy of project close out.

Customer Interaction:

Validates between received documents and system data and reverts to contract specialists or Operation manager in case of discrepancies.

Interact with upstream and downstream processes and the IT team to resolve queries.

Transaction Audit: Conduct audit for sample work done by a peer. Consolidates audit results, analyze and report the same to the Manager. Does root cause analysis on errors and suggest corrective actions to prevent recurrence.

Notable Accomplishments: Worked on testing Citrix, to reduce the time of loading pricing tool to PERFORM (Revenue

Recognition Tool) and implemented successfully. Submitted Lean ideas for the Process Improvement with an objective of huge reduction of wastage

of time and the same got implemented in the process

Testing Test data on test environments when required and submit status to IT Apps team. Attend and to lead the testing call when required. Ensures timely completion of testing.

GENPACT INDIA PVT LTD (Sep 2012 – Apr 2014):

Worked with Genpact India Pvt. Ltd. as Process Associate (Cash management Department) for a period of 18 Months from Sep’12 to Apr’14.

Responsibilities handled as Cash management Analyst:

September – 2012 to April – 2014 has functional experience in Banking sector as of cash management at Pilot batch in Genpact.

Skilled in understanding existing business processes.

Created standard operating procedure for my process cash management (Wells Fargo).

Work Types includes (Check Processing,ASI-16,ACH Returns, Stop Payments, Incoming Wires).

An active member for a pilot process (Cash Management), providing treasury services to the Client.

Developing client relationships and presenting clients ideas.

Achieve the business targets of the branch.

Conducting the team hurdles and sharing the updates with the team.

Distributing the work within the team on daily basis.

Notable Accomplishments:

Received bronze award two times for exemplary performance in the process. Received special recognition award for contributing to process improvement. Received Appreciation certificate from Wells Fargo (Department: Manager of Cash Management)

for Knowledge and skills showed in my daily processes.

ESOFT TECHNOLOGIES PVT LTD (Sep 2010 – Sep 2012):

Worked with Esoft Technologies Pvt. Ltd. as Financial Analyst for a period of 24 Months from Sep’10 to Sep’12.

Responsibilities handled as Financial Analyst:

Provide Timely Financial and Operational Information to Senior Management Prepare reports of project expenditure items for review by Project Financial Analyst, Project Leader, and

others as needed, in preparation for billing on a regular basis. Provide financial tracking and maintenance support to Project Financial Analysts. Supporting external auditors in their interim and year end statements. The preparation of month & yearend results. Monitored grant revenues and expenditures, ensuring data was recorded in the financial

accounting system. Recommend budget adjustments, and other cost improvement measures. Analyze financial data and extract and define relevant information; interpret data for the purpose of

determining past financial performance and to project a financial probability. Review costs and perform cost benefit analysis related to projects and programs. Perform moderately complex statistical, cost, and financial analysis of data reported in the various

financial systems. Develop financial reports for forecasting, trending, and results analysis.

Apply the management and financial tools to the financial activities to measure the receipts and utilization of finances and resources.

Analysing the P&L’s for different Service Lines and making narratives for all of them. Analyze the revenue for Service lines by zooming in till project level. Preparing reports for top projects client-wise for all Service lines, and analyzing there contributions to

the total revenue for the Service Line. Forecasting the headwinds for all Service line on the basis of the P&L .

Standard Journal Entries Prepared journal entries and reconciled general ledger and subsidiary accounts; prepared monthly

financial statements, including distributing monthly revenue and expenditure reports to departments.

Booking Journals for Missing timesheets for the employees incurring costs and revenue for the period, monthly.

Reclassification of costs and revenue booked under wrong cost centers to correct cost centers.

FUNCTIONAL & TECHNICAL SKILLS

ERP Systems : Oracle financial platform R12 Operating System : Windows 2003 Server, Windows XP Applications : MS –Office Advanced level skills in Excel Knowledge of Business Objects, Data loader . Strong analytical and problem-solving skills Demonstrated initiative and ability to organize, meet strict deadlines, and work both independently and

as part of a teamStrengths:

Positive attitude towards work. 100 % dedication towards the task assigned. Highly Motivated Capable of multi-tasking

Education

Master of Bachelor Administration (MBA) at David Memorial Institute Of Management, Hyderabad that was affiliated to Osmania University in 2012.

Bachelor of Computer Science (BSC’s) at Jagruti Degree and PG College, Hyderabad that was affiliated to Osmania University in 2009.

Intermediate at Sri Chaitanya Junior College, Hyderabad that was affiliated to Board of intermediate education AP in 2006.

SSC at Vidya Deep High School, Hyderabad that was affiliated to Board of Secondary Education in 2004.

Personal Details

Personal Information:

Date of Birth : 18.05.1989Gender : MaleMarital Status : SingleLanguages known : English, Telugu, Hindi Address : #1-3-950, Near Marriott Hotel, Kavadiguda Main Road, Kavadiguda, Hyderabad–500080.

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