1. Edukondal Rao Bhoompally
Contact No.: +91 9849635746 ~ E-Mail: email@example.com
MIDDLE MANAGEMENT PROFESSIONAL
~ Accounts Receivable ~ Account Payable ~ Treasury Management ~ MIS
Location Preference: Hyderabad, Pune, Bangalore, Chennai, USA, Singapore, Australia, Dubai,
A competent professional with nearly 23 years of rich experience in the areas of
Accounts Receivable Accounts Payable Treasury Management
Banking Operations Fund Sourcing MIS Development
Net Banking Operations Process Automation Accounts Reconciliation
A strategic planner with proficiency in designing & implementing systems / procedures to achieve organizational
objectives and profitability norms.
Experience in managing Accounts Receivables, Accounts Payable & treasury operations for 37 branches
abroad with 82 bank accounts spread across the world with a view to utilise available funds in a better way to achieve
maximum returns and increase profitability.
A keen analyst with exceptional relationship management skills and abilities in liaising with Banks, Financial Institutions
and other external agencies.
Hands-on experience in Tally, Oracle Financials (ver 11i) & Peoplesoft at Accounts Payable, Accounts
Receivables, General Ledger Modules & Cash Management Module.
Proven ability in improving operations, enhancing business growth & maximising profits through the achievements in
finance management, internal controls & productivity improvements.
Holds the distinction of:
o Centralizing the Accounts Receivables, Accounts Payable & Treasury Operations in India for all 37 branches
o Automating the payment process from Manual to Net-Banking facilities.
o Automating the process of Foreign Inwards (Foreign Inward Remittance Certificate) having invoice details with it
and mapping to External FIRC issued by India Banks.
Since Jan’ 92: Tech Mahindra Limited (Satyam Computer Services Limited), Location : Hyderabad
It is a leading global business and information technology services company that leverages deep industry and functional
expertise, leading technology practices and an advanced, global delivery model to help clients transform their highest-value
business processes and improve their business performance. It is a part of the $12.5 billion Mahindra Group, a global
federation of companies and one of the top 10 business houses based in India
Major Assignments Handled
As Senior Manager - Finance Since Nov’ 06 till date
Managing entire Accounts Payable functions for India & Overseas (37 locations); responsible for accounting of invoices,
releasing payments by repatriating funds from branch bank accounts for smooth BP operations.
• Achieving financial objectives, developing & implementing systems, policies & procedures and reporting variances to
facilitate internal financial control and timely decision making.
• Overseeing complete planning & management of internal, statutory / external audits within time frame.
• Executing management of accounts payables.
• Preparation of MIS reports to provide feedback to management.
• Reviewing accounting done by the accounting team with the concerned associate who accounts the vendor bills in
Oracle Financials/Peoplesoft by verifying the accounting heads, liability heads, cost centers, circle codes, inter
location entries and accounting of the same..
• Ensuring that all payments are made to suppliers as per policy and managing accounts payable within the pre-set
parameters and accounting of rejections and reconciliation, etc.
• Interacting with internal audit team by providing necessary information for their audit and clarifying the post audit
queries raised by them and updating myself with different ways of internal controls.
• Responsible for process set up in an online environment by understanding the various requirements of management,
legal departments and careful study of process flows and identify deficiencies and rectification of the same.
• Handling all the Reserve Bank of India related correspondences for MSAT and also APR filings with AD bank.
Handling Accounts Receivable, Accounts Payable & Treasury operations for USA, Malaysia & Mexico Subsidiary Company
Overseeing the functioning of 82 Bank Accounts and determining the company’s cash requirement; liaising and
negotiating with banks for raising funds to meet working capital requirements
Responsible for preparation and submission of all documentary evidences relates to treasury of MSAT branch offices for
Internal & Statutory Audit and Sox (Sarbanes-Oxley Act) purposes.
Opening & Closing of bank accounts and its documentation across globe.
o Also arranging electronic payment release setup for those opened accounts by taking the administrator role
at Company’s Net-banking facilities.
2. As Senior Executive – Finance for Branch Offices (Korea, Taiwan, Singapore, Australia, Hong Kong, New
Zealand, Germany, Belgium & Japan) May’ 03 – Sep’ 06
Checked and processed invoices/bills addressed to branch offices and ensured timely accounting Oversaw finance, fund
management and accounts receivable functions for offices spread across countrywide.
Ensured timely release of payments to vendors/associates on due dates from branch bank accounts.
Performed daily reconciliation of bank statements and posted month-end related closing entries (like BRS, Provisions,
Prepaid, etc.) in accounting records.
Prepared below statements regularly for tracking the movements
o Fund Flow statement
o Advance Schedule
o Rent Schedule
o Status on utility payments
Supervised timely filing of tax return at all branches monthly/yearly (GST/VAT/Consumption/Sales Tax) through
respective countries Professional Consultants.
Coordinated with Foreign Auditors for all Branch Offices by giving the required documentary evidences.
As Executive – Finance, Accounts Receivable Department May’ 01 – Apr’ 03
Managed receivables including accounting of bills, debtors ageing & conducting periodical reconciliation of payments
made by the clients.
Collated timesheets from Associates in US and raised invoices in line with purchase order; ensured timely submission of
invoice to customers.
Oversaw timely accounting of;
o Collections received at USA Branch Office.
o Sales entries for USA Branch Office in books of accounts.
Ensured regular audit of Accounts Receivable books from Auditor for USA Branch Office.
Generated and submitted weekly reports to management on:
o Debtors /Customer Outstanding.
o Sales vs Salaries.
o Unbilled Cases.
Responsible for clearing unbilled cases by speaking to Project Managers and Customers.
As Executive – Finance cum Stenographer, Finance Department Jan’ 92 – Apr’ 01
Executed entire secretarial activities in the company.
Handled complete official correspondence for Managing Director and Chief Financial Officer.
Actively involved in documentation and secretarial works for roll out of Public Issue, Rights Issue and ADR Issue.
Generated and maintained MIS data at CFO’s office including:
o Employees Status Report Company Wide.
o Employees Stock Options Plan.
o Investor Relations.
Conducted regular inspection of assets at HP & Lease Finance.
Undertook overseas visit to USA branch office in May’ 01, for understanding the Invoice Management and stationed at
New Jersey & Vienna, Washington DC for 1 months.
Played a pivotal role in transitioning of USA Branch related Invoice Management process to India, thereby providing
comfort setup to the Management.
Handled Instrumental in handling Bills process team by automating the invoice accounting and payments and also
sending auto-mailers to vendors
Successfully downloaded Japan Bills process & Payment process from Japan to India and gave comfort setup to the
Singly handled the documentation process for Inter Corporate Deposits, Lease Finance, Hire Purchase Finance and Loan
Approval till repayment.
Handled Cash Management Module extensively and automated Bank Reconciliations at Oracle Financials (ERP).
Developed cordial relations with Citibank N.A., HSBC Bank, BNP Paribas, Banco do Brazil, Unicredit SA, Sumito Mitsui
Bank, Woori Bank, Kookmin Bank, United Bank, First Union Bank, ICICI bank, ING Vysya Bank, Kotak Mahindra, etc.,.
Devised & automated the FIRC Tool (Foreign Inward Remittance Certificate) towards 100% repatriation of funds backed-
up with invoice details from all branch bank accounts to India EEFC accounts during May’ 11
o Mapped with the external FIRCs issued by different banks on receipt of funds as against each invoices
related to the collections received at branches.
Received Special Recognition award during 2011.
Identified as STAR performer in the Treasury Department in Oct’ 11.
Served as part of the Treasury Team, awarded as the Best Finance Team for 2009-2010.
Demonstrated excellence in managing treasury operations during the company’s debacle in Jun’ 09.
3. Coordinated with Bankers and ensured the set-up in short span of time for smooth payments by giving the required
documentation and updating the new authorized signatories at all banks in India and abroad.
Instrumental role in automating the payment process from Manual to Net-Banking facilities across company
Deftly executed project named “Host to Host (H2H)” facility by interacting with Bankers in 2008.
2009 MBA (Finance) from Madurai Kamaraj University with First Division
2010 M.Com. (Banking) from Madurai Kamaraj University with First Division
1998 B.Com. from Dr.B.R.Ambedkar Open University with Third Division
2010 Advanced Post Graduate Diploma in IT Management from Tamilnadu Open University with First Division.
1999 Diploma in Client Server Technology (C++, UNIX, Oracle & COBOL) from Softcom Systems with First
Date of Birth: 10th
Address: H.No: 1-7-513/1/8, Pavitranagar Colony, Zamistanpur, Musheerabad, Hyderbabd - 500020