K. Vishal KumarE-Mail: vishca@gmail.comMobile: +91-9840149797

A dynamic professional with rich experience in supporting business performance, managing transformation, Strategic planning and corporate reporting backed by sound academics and excellent managerial skills.

Strengthen Internal control weakness Optimization of costs & expenses

Foreign Exchange management Talent selection and retention

Business planning & Budgeting Fund Management Review Operational & financial

controls Development of Audit strategies

Work Experience:• Senior Manager – Finance & Accounts with Wolters Kluwer ELM Solutions Private Limited, an

Enterprise Legal Management Company.• Specialist with Scope International Private Limited, a wholly owned subsidiary of Standard

Chartered Bank, UK.• Assistant Manager – Audit & Assurance with Deloitte Haskins & Sells, a leading firm of

Chartered Accountants (Big 4).• Served as an Articled Clerk with M/s Sridhar & Santhanam.

Employment History :

Wolters Kluwer ELM Solutions Private Limited - Senior Manager Finance & Accounts (August’12 – present)Wolters Kluwer ELM Solutions is the global market leader in transformational, technology-based solutions for the legal industry ecosystem, delivering total solutions to address the intricate complexities facing corporate legal departments, law firms, claims departments, and risk and compliance organizations. These solutions enable ELM Solutions clients to make better business decisions, mitigate risk more effectively, work more collaboratively, and ultimately, deliver greater value to their clients.

On-boarded the company to bring in-house all accounting and statutory work and strengthening the systems. Entrusted with the responsibility of setting up reporting function, improvement in processes, streamlining working capital management etc.

Roles & Responsibilities

Responsible for developing, maintaining and analyzing budgets, preparing periodic reports that compare budget to actual.

Perform month & year-end closing process, including creation of monthly statements: Balance Sheet, Profit and Loss Statement, Cash Flow Statement and related supporting schedules, in conformance to headquarters’ reporting and procedural standards.

Work with headquarter towards designing & implementing systems, policies & procedures to facilitate internal financial controls.

Authorizing all online Bank payments & check payments as per the Company process, being one of the joint signatories for all Company Bank accounts.

Responsible for all secretarial compliances and statutory management functions, including but not limited to TDS, ESI, PF, Sales Tax, Service Tax and Income Tax.

Responsible for smooth transition and expansion into SEZ unit (Special Economic Zone), including fulfillment of all related legal and statutory requirements.

Responsible for all periodic statutory reporting requirements on behalf of both WK SEZ units and also taking care of additional SEZ legal requirements.

Controlling Cash and Bank Balances and liasoning with Bankers on regular basis to ensure smooth functioning of operations and managing Cash flows.

Challenges & Accomplishments

• Independently obtained SEZ Authorization for new unit, without any third party expert.• Built a detailed SEZ application file and submitted, as required by MEPZ authorities.• Reduction of consulting costs to almost NIL since all statutory compliances and also handling of

queries from various Tax Departments have been dealt directly. • Managed Budgets & forecasting for India operations effectively, thereby ensuring cost control. • Realigned the local Bankers after doing a due-diligence and selecting the most beneficial

option, effectively negotiating for reduction of various Bank charges.• Managed all banking operations prudently by opening a Foreign Currency A/c (FCY) with the

Banks through which all import obligations were being met.• Substantially improved the forex rates and thereby increasing the profitability significantly.

Scope International Private Limited (A Wholly owned subsidiary of Standard Chartered Bank, UK) – Specialist (June’10 – August’12)Standard Chartered PLC is a British multinational banking and financial services company headquartered in London. It is a universal bank with operations in consumer, corporate and institutional banking, and treasury services.

Joined the company as a Specialist and had the privilege of working for both, Financial Reporting as well as Management Reporting Teams for various units of the Bank.

Roles & Responsibilities – Management Reporting

Responsible for preparing MIS reports of Singapore branch, subsi & regional office – tracking & processing journal entries for management reallocations, preparing management P&L, Balance sheet and RIWAC schedules.

Responsible for Intercompany reconciliations, ageing reports and handling queries from Group Management Reporting team (HO) and country and business finance teams.

Preparation of forecast reports quarterly and variance analysis reports half yearly for the branch & regional offices and also monthly cost reports (actual Vs Budget & Forecast).

Roles & Responsibilities – Financial Reporting

Preparation of Financial Statements for all the entities of Standard Chartered Bank, Americas in compliance with International Financial Reporting Standards (IFRS) on a quarterly basis.

Preparation of monthly Dashboards, highlighting the achievements of the team, areas of further improvement, areas where more support from Customers is required, SLA errors, etc. which is being circulated monthly to the Country heads of Financial Reporting, Americas.

Posting of certain journals like accruals and provision entries into the books, on a monthly basis. Also performing reconciliations to avoid operational losses and associated reputational risks.

Challenges & Accomplishments

• Effectively controlled costs by tracking Budgets Vs Actuals for the verticals and reporting it on a monthly basis.

• Created various customized reports as and when required by the management, enabling in taking key decisions.

• Effectively managed various teams, motivating & keeping the team challenged at all times, thereby ensuring deliverables were on time.

Deloitte Haskins & Sells (Big 4 Audit Firm) - Assistant Manager – Audit & Assurance (Sept’06 – April’10)A leading firm of Chartered Accountants offering audit, consulting and tax consulting services to a wide spectrum of industries. Joined the firm as an Assistant manager.

Roles & Responsibilities

Reviewing operational and financial controls, contributing to the development of audit strategies, adhering to audit schedules for completing audits within the set time frame.

Conducting statutory audits for prestigious organisations, in compliance with Companies Act 1956 (Schedule VI) & tax audits (as per requirements of Income Tax Act, 1961).

Ascertaining errors/frauds/misrepresentations in books of accounts and informing top management about the same.

Identified the various weaknesses and also lapses in the organization, highlighting their implications and also giving recommendatory actions for the same.

Analysing the Balance Sheet, Profit and Loss Account, Cash Flow Statements and Notes to Accounts.

Drafting the final audit report and also annexure as required by the Companies (Auditor’s Report) Order, 2003.

Audit Exposure

Manufacturing Sector – Areva T & D Ltd, Thyssen Krupp JBM P Ltd Service Sector - J Ray Mc Dermott ESPL, Gateway Distriparks Ltd Software Sector - RR Donnelley group Construction Sector – VSL India Pvt Ltd Research & Training Institution – IFMR

Challenges & Accomplishments

• In-depth understanding of client business, assessing Engagement & Audit Risks, identifying critical components, based on which created a detailed audit plan.

• Led and managed audit teams in various statutory audit assignments, allocating work across the teams and also reviewing them.

• Successfully completed Income tax audits and Statutory Audits for multinational Companies across various Industries.

Apprenticeship Training

M/s SRIDHAR & SANTHANAM

A reputed firm of Chartered Accountants engaged in audits and consulting services in Chennai. Joined as an Articled clerk.

Internal Audits

Audit of Controls excised in terms of Purchases and their corresponding Payments and also in the sales and the corresponding Receivables.

Checked the controls excised in terms of the Bank and Cash Payments Audit of payroll in full starting from processing of salary of employees, loan deductions,

statutory deductions & remittances and the payment of employee claims

Major Clients Handled - Sanmar Micropack, Saregama India Ltd, MIRC Electronics (Onida), Waterfalls

Estate (P) Ltd., ICICI Bank.

Statutory Audits

Ensured proper cut-off for expenses and sales Remittance of Tax deduction at source (TDS) , provident fund & E.S.I challans. Audit of Fixed Assets

Major Clients Handled - Tamil Nadu Civil Supplies Corporation Ltd.

• Won Star Performance award during articleship for a continuous period of two years.

Academic Background:• Qualified as a Chartered Accountant in the year 2006-07• Passed Bachelor of Commerce from University of Madras – Vivekananda College, Chennai in

the year 2002-2003• Passed Senior Secondary Education (CBSE) – Padma Seshadri Bala Bhavan Senior Secondary

School in the year 1999-2000.