KP VARADHARAJAN ramesh

AIRCEL LIMITED (Telecom 12 years experience) Nov 2002 - till date


FR, Compliance and Control SBU 1 (Chennai, Tamilnadu and kerala Circles, South hub) Jan2013 - TillDate

Regional Business Controller - South (Netco division) Jan 2012 - Dec 2012

Head Payables (Finance Shared Service) - PAN India Jan 2011 - Dec 2011

Core Team Member-Tower Hive off Project to GTL (Mergers and Acquisitions) Jun 2010 - Dec 2010

Head (FRC and Revenue Accounting South Hub) - Chennai, Rest of Tamil Nadu, Kerala & Karnataka Sep 2009 - May 2010

Head (Revenue Accounting South Hub) - Chennai, Rest of Tamil Nadu, Kerala & Karnataka Mar 2009 - Aug 2009

Head (Revenue Accounting) - Chennai & Rest of Tamil Nadu Jul 2007 - Feb 2009

Head (Payables and Treasury) - Chennai & Rest of Tamil Nadu Jun 2006 - Jul 2007

Head (Treasury) - Chennai & Rest of Tamil Nadu Jun 2004 - Jun 2006

Head (Treasury) - Rest of Tamil Nadu Circle Nov 2002 - Jun 2004


♦ Monitoring preparation/finalization of reports, accounts and statements viz. P&L Account, Balance Sheet and Cash Flow etc while ensuring compliance with accounting standards & procedures; rendering assistance in setting up SOP's /processes for accounting along with Ernst and Young
♦ Spearheading efforts across handling entire spectrum of accounting and financial matters of the company including matters pertaining to Treasury, Accounting, Consolidation, Budgeting, Shared Service Mergers and Acquisitions (Sale of Towers to GTL)
♦ Overseeing cash/fund management of the organization; efficiently reviewing the profitability of business to assess the correctness of revenue and expenditure accounted, monitoring the inflow & outflow of funds while ensuring optimum utilization of available funds while making profitable investments; outstanding contribution in making investments of Surplus Mutual Funds / Fixed Deposits and handling the portfolio of over Rs. 1000 Cr.
♦ Handling operational expenditure/control and responsible for strategically planning & implementing innovative business strategies to initiate finance control to maximize profitability.
♦ Hold credentials executing the process of monitoring weekly Cash Flow Monitoring Systems; introduced Electronic Funds Transfers / RTGS, at per cheques thereby providing faster payments solutions to vendors.
♦ Successfully discharged duties in various capacities including Core Project Team Member for Aircel Tower Hive-off Project from May '10 - Dec '10 (Project Size - Rs. 8750 Crores) and additional role as Regional Business Controller - West during the period Jan '12 - Jun '12 in addition South Controller Role.
♦ Set up internal reporting system including financial reporting; formulating MIS reports to update the management about individual and business performance, planning out future strategies for desired business objectives.
♦ Creating and sustaining a dynamic environment that fosters development opportunities and motivates performance among team members; successfully looked after working of a team of 40 people in 2010 as Head - FRC & Revenue Accounting South Hub and managed a turnover of 6 thousand Crs while ensuring smooth execution of overall operations;
♦ Efficiently interfacing and coordinating with banks and other financial institutions including Project Financiers IDBI, IDFC, IFCI to meet working capital and fund requirements of the company and of Swap & Derivative Arrangements; overseeing faster pooling of collection funds from Remote Collection Centres by tying up with Local Banks having Core Banking Solutions. Managed collections worth Rs.3000 crores.
♦ Proficiently managing taxation matters of the company including filling of forms, timely assessment/filing/submission of returns and liaison and coordination work with taxation/statutory authorities.
♦ Rendering assistance in conducting audits to express an opinion on the company's financial statements as per Indian GAAP, this includes preparation of audit reports with a view to highlight shortcomings and implemented necessary recommendations.
♦ Formulating cost effective budgets; carried out monthly variance analysis of the forecasted budget against the actual results, critically evaluated all elements to identify the reason for surplus / deficit.
♦ As a core member of Finance team involved in Migration of accounting Software from CES to SAP and launching the operations at Kerala and Karnataka (New Circle Launch); in Project Team involved in Hive-off Aircels' 17500 Towers to GTL for Rs.8750 Cr.
♦ Played an instrumental role in launching Temporary Overdraft Facility, LC and BG limit with IDBI Bank & Global Trust Bank; also contributed in completing Long Pending Security Deposit Recons, Debtors Recon, INGL Recon, Ere Charge Recon and Mach VS GL recon.
♦ Highly commended and received top ratings in Performance Appraisals & Substantially Exceeded the Expectations (SEE)
♦ Ensured timely closure of all In-operative Bank Accounts 40 in Nos. eliminated by change in pooling strategy and the development of In-Decrement Report for recognizing prepaid revenues.
♦ As core team member responsible for various functions including Automation of DOT Licence fee payments from SAP; Introducing Faster Settlement Modes to channel partners by Cut & Pay Models and On the fly Commission; Revenue Accounting Unification among all Aircel Circles and IFRS Migration; Setting up of Finance Shared Services and Monthly closure of Financial Books on 3rd Working Day and handling coordination between E-recharge Server and SAP for transferring Electronic value to Distributors.

OMNICAST PRECISIONS PRODUCTS PVT. LTD., CHENNAI (A Manufacturing company) Feb 1997 - Oct 2002
Head (Accounts, Audit & Treasury, fund raising, Accounting, Audit & MIS Reporting)

SUDHARSAN & TAMILSELVI AUDIT ASSOCIATES, CHENNAI Jul 1996 - Jan 1997
Audit Manager (Auditing)