Srikanth Boorle

CA.BOORLE SRIKANTH FCA, Grad CMA, B.COM Email:-Phone: (M) - To work in an innovative and stimulating environment that would facilitate the maximum utilization and application of my broad skills and expertise in making a positive difference to the organization Synopsis Over 14 years of work experience including 11 years of post-qualification work experience in Financial Accounting, Auditing, Internal Control and Financial Planning & Analysis. Exposure in acquiring clients, handling client queries, providing them feasible solutions & building healthy relationships thereby achieving high customer satisfaction. Highly self-motivated, dedicated, result oriented professional with strong work ethics. Excellent interpersonal, managerial, team-building, analytical and presentation skills. Ability to analyze data and make sound observations and recommendations. Ability to work against tight deadlines and work under pressure while being detail oriented and retaining accuracy of information. Achievements & Activities Achieved All India 26th Rank in ICWAI Examination. Awarded Certificate of Merit from ICWAI for recognizable performance in CWA examinations. Awarded Prathiba Puraskaram by Journalist Association of Andhrapradesh for outstanding performance in education. Created a Various templates and directives in order to analyze the profit variance at entity level which are in accordance with global level reporting. Part of COE transformation Project in order to standardize the process and enable to implement the Robotic Process. Recognized as best performer in Philps and awarded Minnum Nakshatram Award in 2018. Recognized as Best Financial Planner from clients for quality of work. Organized many events with creative thoughts. Educational Credentials Completed Advanced Diploma in management accounting from CIMA, London, UK. Completed Certification in International Financial reporting Standards “CERT IFRS” from ACCA, London, UK Qualified as a Chartered Accountant i.e. CA from ICAI in November 2008. Qualified as a Cost and Works Accountant i.e CWA from ICWAI in June 2008. B.Com from Andhra Muslim College, Guntur affiliated to Acharya Nagarjuna University in 2006. 12th / Intermediate from Board of Intermediate, from Nalanda junior College, Guntur in 2003. 10th / SSC from Vikas Public School, Guntur, Board of Secondary Education, AP in 2001. Training Programs Attended Attended a GST beginner course and various Seminars on GST conducted by ICAI. Attended various programs on Ind AS conducted by ICAI Awarded Certificate in General Management & Communication Skills course conducted by ICAI Awarded Certificate in Information systems for Auditing & Cost management from ICWAI Awarded Certificate in Computing, Accounting and Finance from ICWAI Awarded Certificate in Computer training course conducted by ICAI Professional Experience Philips GBS, Chennai Market Account Manager for Philips Oral Health Care (April 2019 to Till Date) Handling the Accounting operations of Oral Health care Business group which is having around $1.5bn Revenue across all the markets. Takes co-responsibility with the HOF and Business Partner(s) (BP) over the integrity of financial and management reporting, and work to proactively advise the HOF and BP’s on the impact of accounting standards on different business scenarios. Determines accounting treatment for events and transactions of a complex, unique, and/or judgmental accounting nature, as well as to apply new/revised accounting policies in consultation with Technical Accounting and Oversight (TA&O). Identifying the Impairment triggers and performing the impairment testing on quarterly basis for all the markets based on the Business cases. Supporting the consolidation of Financials at Global level by making the Intercompany profit elimination adjustments. Managing processes using LEAN tools, and use LEAN methods to address process issues and problems to address root causes and not just address the symptoms of the identified issue. Accounting Controller for Philips Sleep & Respiratory Care, North America. (Jan’18 to April 2019) Handling the Accounting operations of Philips Sleep and Respiratory Care Business group North America market which is having around $1bn Revenue. Interacts closely with the business to proactively advice on accounting requirements for business events in order to drive better business decisions by making early determinations on the impact of accounting guidance. Required to review the Financials like P&L and Balance sheet and other KPI on Monthly basis and lead the risk based Financial Reporting Review (FRR). Proactively monitors the BSARs, MEC and ICS audits. This includes working across finance and non-finance teams to address and close issues timely, review account documentation, and ensure reporting timelines are met. Attending various Business meetings and various legal meetings in order to understand the contingencies and incorporating them in to financial statements by reporting Contingent liabilities & creating Provisions like Severance, restructuring etc. Leading the team in order to Co-ordinate with internal and Statutory Audit team Reviewing the internal control system and identify the deficiencies as per the SOX Audit requirements in order to report to the internal control system in the company. Ford Credit India Pvt Ltd, Chennai (Mar’16 to Nov’ 16) Position: Deputy Manager (Senior Analyst) - Finance (Reporting to CFO) Key Deliverables. Preparing the Business plan, Annual budget and generating monthly forecast reports in accordance with Business strategy in order to set the standards for achieving the goals. Preparing variance analysis for forecast by comparing with prior forecast and budget, relating to revenue, expense and identifying the factors responsible for the variance and recommend actions to address identified issues or exploit business opportunities. Identifying the Risk and Opportunities by coordinating with various Business stakeholders and assessing the impact on financials of the same and presenting them in to Stake holders in order to take appropriate actions on time. Consolidate and validate input from other functions to support accurate financial statements and forecasts. To Support month end close activities (MEC) like providing revenue and expense accruals, track accounted actual, Reclassification of entries, reconcile accounts etc. Boorle Srikanth & Associates (April’09 to March 2016) Position: Auditor Key Deliverables: Accounting & Audit related: Preparing, verifying and finalizing of Financial Statements viz. Balance Sheet, Profit & Loss A/c and Cash Flow Statements as per Indian GAAP. Preparing reconciliation of accounts, Reclassification of entries, Accounting Accruals etc as part of Month end activities in order to ensure the accurate reporting of financial statements Review the suitability of internal control design by examining controls and setting up new process controls to mitigate the risk in control lapses. Handling various kinds of Audits Like Statutory, Internal, Stock, Bank, Tax etc. of various industries' viz. Trading, Manufacturing, Construction, Service etc. Preparing CMA data (Credit monitoring Arrangements), for funding of working capital requirements, as per bank requirements. Assessing the Financial performance of organization including sales, credit sales and collection of receivables including ageing analysis. Assessing the credit worthiness of organization by various techniques in order to provide assurance to lending institutions for lending corporate loans. Issuing foreign remittance certificates in form 15CB in order to identify the details of payee and rate of TDS to be deducted by the assessee while remitting money to the foreign party. N. SREERAMPRASAD & ASSOCIATES (April’06-April’09) Chartered Accountants Position: Senior Audit Assistant (Reporting to Partner) Key Deliverables: Handling Various Audits like Statutory, Internal, Stock and Bank Audits. Preparation of books of accounts in compliance with Companies Act, Indian GAAP and other statutory requirements and passing Special Accounting entries like deferred, accrual, amortisation etc. Reconciliation of Bank statements with organization bank accounts to analyze & report differences to the management. Ensured compliance with various statutes, policies and procedures which will be applicable for the organization Audit Verbally communicate findings to senior management in the audit and assisting senior management in drafting comprehensive and complete statutory, Internal and Tax Audit reports. Technical Proficiency Well versed with applications like SAP, EFR, People soft, Essbase, Qlik View , Tally , ODW, Black Line, MS Excel and other MS office tools and Various Customized Packages Personal Details Gender & Marital Status: Male & Married VISA: USA B1/B2VISA Skype id :-Interests: Teaching, Drawing & cooking south Indian Dishes Languages Known: English, Hindi and Telugu.