Amith Rego

  • Tulu CH18

Work History

Work History

Finance Director

Smooth transition of
Reporting of periodic control summary to Compliance team and Finance director Accounting & reporting for Hedge Funds, Managed funds, Bonds & Private equity Accounting & Reporting for transition of funds between existing investment manager & new investment manager handled by custodian & transition Manager Ensuring smooth set up of new Investment manager for new investments Ensuring Quarterly & Annual Investment reports from all Investment managers Review of all Fund accounting report & custodian reports from JP Morgan Reconciliation between custodian report & Investment manager report Resolution of differences arising in securities held/cash balances/FX gains & losses. Report on quarterly basis to actuaries for the total fund value & scheme performance Preparation of regulatory reports for submission to NSO and Trustees Financial reporting-Quarterly & Annual statement of accounts for the Trustees Review and classification of Investments in accordance with SORP Monthly SLA review with the cross function team and UK Finance Manager's Submission of Vat returns to internal Vat department, verify the VAT payable/refundable and submit online VAT returns. Managing the entire process with right work allocation and resources in ensuring 100% SLA's achieved and audit green. Ensuring smooth internal & external audits, being always audit ready. Performance Management: One on one with my team, regular feedback and performance tracking for midyear and annual assessments. Employee Engagement: Planned & Structured review meetings. Ensure active involvement of all the team members in the team activities; also ensure relevant trainings based on their improvement plan. Ensuring new hires are adequately trained on report extractions from JPM secure portal. Achievements: Smooth transition of pensions accounting process from Cardiff-UK to TESCO. Ensured consecutive smooth year end audits from PWC Cardiff after 1 year completion of the process at Tesco. Won best performer award in the quarterly R&R and value awards. Completed 2 days' workshop on IFRS Training. Appreciated for efforts in supporting the Ireland team during transition phase to Bangalore
Aug 2014 - Present

Manager

Lifestyle international pvt ltd
— present Manager-Concept Finance Handling all finance functions relating to Shoe-mart Division Financial reporting for overall & LFL, store performance weekly/monthly Financial reporting for Margin performance and inventory analysis Daily dashboard and Sell through performance on fortnightly and monthly basis Prepare monthly MIS and concept P&L Budgeting-Define annual financial budgets and month wise phasing Review of concept performance monthly and quarterly with CEO Inventory control and ensuring FC nod is within the Norms Monitoring OTB requirements and ensuring utilization as per limits Ensuring all discount sharing and MG and additional margin recoveries from Brands Ensuring forex cover for all imports and monitoring gains or loss Brand wise SPF/MPF performance region wise and store wise Monthly cross function review meeting with territory Manager's on KPI's Support group accounts team in ledger reconciliation and resolving vendor queries Drive new initiatives and projects introduced by the management Co-ordinate with internal and external audits and ensuring compliance Midyear and annual performance appraisal of team members Achievements Successfully ensured closure of vendor recovery module which was implemented on Oracle
Dec 2012 - Aug 2014

Manager-Retail Finance

Sara Suole pvt ltd
RUOSH) — Manager-Retail Finance Responsible for accounting of retail business EBO, MBO & ECOMMERCE Preparation & presentation of store profitability to the management every month Smooth month end closures by ensuring booking of all month end entries. Review of all GL accounts & ensuring compliance as per statutory requirements 1 Undertaking new initiatives for cost savings & increasing store profitability Tracking all expenses actual v/s budget Ensuring all capital expenditures are as per capex policy Ensuring all statutory payments(store rent, cam etc.) on time as per terms. Quarterly store audit for stock check and adherence to finance SOP Review of Monthly TDS/service tax/VAT payable Assistance to other departments for roll out of new projects/business Monthly cash flow management for smooth operations of business Handling day to day banking's for all the departments Co-coordinating with auditors for mid-year and annual audits. Framing new SOP's and up to date SOP for the finance process Providing the management with business feasibility for deciding new outlets. Ensuring commercial compliance at stores for licenses & new store openings Finalizing commercial agreements for new outlets/online business/projects Team mentoring & motivation for team members Induction programme for finance function for new joiners Achievements Succesfully implemented Gift voucher process in retail pro ERP package Developed process notes for all financial process and front end finance ROM
Dec 2010 - Dec 2012

Deputy Manager-Finance & Commercial

Reliance footprint Pvt Ltd
— Deputy Manager-Finance & Commercial Speciality format of Reliance Retail GL clearing, customer account clearing & vendor account clearing-month end close. Debit notes & entries for recovery for vendor ledger Booking of all incomes, i.e. volume discount, space on hire, tob, NCB etc. Monthly provisions for store expenses(Rent, electricity, cam, Marketing etc) Review & ensuring all monthly journals are posted on SAP. Ensuring completion of all activities for month end close Review of all bank reconciliations & key balance sheet accounts Ensuring cash allocation & bank receipts with customer outstanding Aging for Debtors and follow up for Accounts receivables. Reconciling inter company accounts and month end clearing Ensuring Trade Liability(GR/IR balance) under control as per agreed targets. Review of all Trade(Outright, SOR, Consignment & private label) payments All LC requests for new imports and ensuring release of payments as per terms. Tracking all deals maturing and FX cover for open import purchase orders.
Apr 2007 - Dec 2010

Tesco

Tesco
— Team Lead Pension Trust accounts-Tesco PLC End to End accounting for UK pension's scheme investments worth£ 383 Bln. 2 Review of all monthly p&l and balance sheet journals. Ensuring smooth month end and quarter end close Review of all Balance sheet Reconciliations
Nov 2004 - Apr 2007

Analyst-Financial Reporting

Accenture services pvt ltd
— Analyst-Financial Reporting Financial reporting team-Fixed Assets Review and process the entire Capex forms as per capex re-financing frame work. Ensure oracle browser is run and all capex entries are updated in WIP database. Co-coordinating with AP team for any queries related to processing FA invoices. Processing transfer and disposal of assets as per request from sites Extension of asset as requested by sites. Refurbishment and Re-instatement of assets. As part of month end close ensuring all asset changes are carried out on the Asset register. Run monthly depreciation check to ensure depreciation is accurate. Posting monthly journals for rental income and any adjustment entries. Maintaining property register separately and ensuring monthly income is booked. Ensuring monthly P&L journals and balance sheet journals are done as per deadlines. Balance sheet reconciliations for all Fixed Assets and WIP accounts. Ensuring appropriate backups and explanations are provided for all capex entries. 3 Monthly reporting to Finance directors on WIP account with current status and aging for outstanding items. Half yearly review with Finance directors for all capex work. Adherence to all internal audit requirements and being audit compliant for half yearly and annual external audits Training & coaching the new hires in the team. Co-coordinating with all the sites for all capex related queries and interacting with finance controllers for all capex approvals. Achievements
Jul 2001 - Oct 2004

Executive-Accounts and Admin

Wexford laboratories pvt ltd
— Executive-Accounts and Admin A US based company engaged in exports of pharmaceutical formulations Vendor management: Maintaining approved list of vendors. Negotiating with vendors relating to Credit terms, payment schedule and other terms & conditions. Raising purchase orders for all vendors. Cash & Bank: Daily petty cash expenses, Maintaining cash book & Bank book, Bank reconciliations. Follow up with our banker for all export documents Submission of documents to Central excise and obtaining approval for shipment of goods. Communicating with US office regarding monthly funds & providing statements for requirement of future funds 20 Microns ltd — Accounts officer A leading Manufacturer of Micron Fillers in Hosur. Sales Register(Direct sales, Inter-Company sales) Passing journal entries Maintaining Purchase Register(Raw Material, Plant & Machinery Maintenance, other purchase) and Stock Register Petty Cash Maintaining(Factory & Office) Raising vouchers for cash and Bank payments, Bank liaison work Bank Book Maintenance and Bank Reconciliation Statement Payroll-Advance register, Leave Register, Payment of ESI, PF etc. Issuing pay slips Reports-Monthly Expense Statement(Marketing & Sales), Daily fund movement report(Cash & Bank) C form & form 17 Work(Creditors), Maintaining Branch Accounts Passing of Credit Note & Debit Notes, TDS Work(from 16A-transporter & contactor) Drafting letters and Assisting to Finance Manager B.B.M Degree from year. QUALIFICATIONS +2(Commerce) from Board of Higher Secondary Education, Karnataka S.S. L.C from Board of Secondary Education, Karnataka

Education

Education
1999 - 1999

B.B.M Degree from Mangalore University S.S