Summary
Overview
Work History
Education
Skills
Accomplishments
Professional Profile
Languages
Timeline
Generic

SHASHI Ramesh

West Windsor,NJ

Summary

Dynamic and results-driven Finance Leader with over13 years of progressive experience in overseeing financial processes, governance, and compliance in a US multinational organization with700+ employees and consultants. Demonstrated expertise in managing end-to-end financial operations, including accounts receivable, accounts payable, invoicing, reconciliation, and tax compliance, while ensuring regulatory adherence across eight global locations, including the USA, India, Singapore, Malaysia, Colombia, Hong Kong, London, and Zurich. Proficient in advanced Excel and financial systems for data analysis, error identification, and process optimization. Adept at developing and maintaining robust accounting frameworks, ensuring timely payments, accurate documentation, and seamless collaboration with clients and vendors. Skilled in preparing and reconciling financial statements, managing discrepancies, and providing actionable insights for leadership decision-making. Renowned for optimizing cash flow management, budgeting, and profitability models while maintaining strong organizational and time-management skills to meet strict deadlines. Known for fostering relationships with stakeholders, improving operational efficiency, and ensuring financial health through strategic planning and execution. Highly capable of aligning financial strategies with organizational goals, mentoring teams, and delivering sustainable growth. Recognized for successful leadership in tax documentation, compliance with debt collection regulations, and maintaining detailed records of financial transactions to drive operational excellence.

Diligent Finance Professional with robust background in financial leadership, strategic planning, and risk management. Successfully spearheaded initiatives that streamlined operations and optimized financial performance. Demonstrates proficiency in financial forecasting and team collaboration. Talented Chief Financial Officer enthusiastic about developing policies, procedures, and both short- and long-range objectives for [Type] companies.

Overview

14
14
years of professional experience

Work History

CFO - Global Operations

Atyeti Inc. Princeton, NJ - Global IT Solutions and Services Provider
01.2014 - 09.2024
  • Oversaw budgets, payroll, and accounts payable and receivable.
  • Prepared accurate financial statements at end of quarter to summarize financial health and business performance.
  • Conducted detailed analysis of company financial information and oversaw preparation of related reports.
  • Reduced operational costs by identifying areas for improvement and implementing cost-saving measures across various departments.
  • Spearheaded the implementation of a new financial reporting system, resulting in more accurate and timely data for decision-making purposes.
  • Managed relationships with external auditors, ensuring a smooth and efficient annual audit process with minimal findings or issues identified.
  • Ensured compliance with all regulatory requirements by staying current on industry developments and implementing necessary controls within the organization.
  • Oversaw the preparation and submission of all tax filings, mitigating potential risks associated with noncompliance.
  • Mentored finance team members, fostering a culture of professional growth and skill development within the department.
  • Drove revenue growth by developing pricing strategies that maximized both sales volume and profitability.
  • Oversaw deployment of strategic business plans to accomplish accounting, compliance, and revenue targets.
  • Negotiated favorable terms with vendors and suppliers, achieving significant savings on procurement expenses.
  • Streamlined financial processes by implementing automation and reducing manual tasks, leading to increased efficiency and accuracy.
  • Analyzed operational issues and implemented corrective action to maximize profits.
  • Refined internal control procedures, strengthening the overall integrity of financial data captured within the system.
  • Collaborated cross-functionally with other departments to drive process improvements that positively impacted bottom-line results.
  • Championed the adoption of new financial technologies, keeping the organization at the forefront of industry advancements while maximizing efficiency in daily operations.
  • Managed risk effectively through the establishment of a comprehensive risk management framework, safeguarding company assets against potential threats.
  • Tracked cash flow and financial planning to analyze company's financial strengths and weaknesses and propose strategic directions.
  • Oversaw accounts payable and receivable to track income and expenditures, drive statutory compliance and provide quantitative financial information.
  • Maintained P&L and shouldered corporate fiscal responsibility.
  • Established and maintained strong relationships with customers, vendors and strategic partners.
  • Collaborated with legal, accounting and other professional teams to review and maintain compliance with regulations.
  • Managed financial, operational and human resources to optimize business performance.
  • Cultivated company-wide culture of innovation and collaboration.
  • Analyzed industry trends and tracked competitor activities to inform decision making.
  • Formulated and executed strategic initiatives to improve product offerings.

Director - Finance and Administration

03.2011 - 12.2013
  • Accounts Payable/Receivable Management:
  • Oversaw the organization’s receivable and accounts payable functions, ensuring they were managed within strict deadlines to maintain operational liquidity and financial health
  • Collaborated with external partners and vendors to process payments, resolve discrepancies, and ensure timely transactions
  • Contacted clients with payment reminders and monitored aging reports to address overdue accounts efficiently, adhering to debt collection regulations
  • Financial Reconciliation:
  • Conducted end-to-end reconciliation of financial statements, addressing discrepancies, and ensuring compliance with international accounting standards
  • Maintained up-to-date, accurate records of all payments, receipts, invoices, and associated documentation for audit readiness and regulatory compliance
  • Invoicing and Documentation:
  • Prepared and reviewed detailed invoices for client engagements and internal processes, ensuring accuracy in transaction records and compliance with service agreements
  • Standardized invoicing practices across global locations, ensuring uniformity and adherence to financial policies
  • Compliance and Tax Management:
  • Directed the preparation and submission of tax filings, including federal, state, and international compliance documents
  • Ensured timely completion of statutory audits (e.g., IRS audits) with a100% success rate in regulatory clearance
  • Data Integrity and Error Detection:
  • Leveraged advanced Excel functions, such as financial formulas, pivot tables, and macros, to manage large datasets with precision
  • Implemented automated processes to detect numerical errors in financial records, improving data accuracy by30%
  • Collaborative Operations:
  • Partnered with other finance departments to align efforts toward organizational profitability and operational efficiency
  • Coordinated cross-functional teams to ensure smooth execution of financial projects and compliance initiatives
  • Financial Systems Oversight:
  • Spearheaded the implementation and optimization of financial tools (e.g., QuickBooks) to streamline transaction management and reporting workflows
  • Improved operational efficiency by deploying database solutions for real-time updates and monitoring
  • Key Achievements:
  • Spearheaded financial growth from $3.5M to $100M over13 years, ensuring consistent year-on-year performance
  • Delivered error-free reconciliations across multi-currency accounts, maintaining a99% accuracy rate
  • Reduced inefficiencies by automating manual financial tasks, achieving a40% improvement in turnaround time

Education

Professional Training - Bookeeping, Accounting And General Administration

Private Institution
Woodbridge, NJ
08.2008

Bachelor of Commerce - Accounrting, Economics And Commerce

GS College of Commerce And Economics
Nagpur, Maharastra, India

Master of Commerce - Accounting, Economics & Commerce

GS College of Commerce And Economics
Nagpur, Maharastra, India

Skills

  • Cash flow management
  • Financial process improvement
  • Financial strategy development
  • Risk management proficiency
  • Corporate governance
  • Audit coordination
  • Regulatory compliance
  • Tax planning and strategy
  • Performance metrics analysis
  • Cross-functional team leadership
  • Cost reduction strategies
  • Financial reporting
  • Risk management
  • Operational management
  • Corporate leadership
  • Financial management

Accomplishments

  • Successfully established and managed end-to-end financial operations across eight global locations, including accounts receivable, accounts payable, and invoicing processes, ensuring seamless integration and operational efficiency despite asynchronous systems.
  • Expanded the financial portfolio from $3.5M to $100M over13 years by delivering consistent year-on-year growth through strategic planning and process optimization.
  • Directed critical statutory audits, including IRS and State Income Tax audits, achieving SOC1 and SOC2 certifications within five months, meeting stringent client compliance and regulatory requirements.
  • Spearheaded compliance initiatives such as Third-Party Risk Management (TPRM), ensuring adherence to debt collection regulations, timely client payments, and secured Statements of Work (SOWs) valued at over $70M.
  • Led the ISO27001 certification initiative, establishing secure and scalable information security processes for Managed Services operations, enhancing organizational data integrity and compliance.
  • Collaborated with legal teams to manage contractual obligations, mitigate financial risks, and ensure satisfaction across client and vendor relationships.
  • Built and managed a high-performing team of finance professionals, focusing on data-driven decision-making, accurate reconciliation, and timely reporting, ensuring financial health and operational transparency.

Professional Profile

  • Accounts Payable/Receivable Management:
  • Oversaw the organization’s receivable and accounts payable functions, ensuring they were managed within strict deadlines to maintain operational liquidity and financial health.
  • Collaborated with external partners and vendors to process payments, resolve discrepancies, and ensure timely transactions.
  • Contacted clients with payment reminders and monitored aging reports to address overdue accounts efficiently, adhering to debt collection regulations.
  • Financial Reconciliation:
  • Conducted end-to-end reconciliation of financial statements, addressing discrepancies, and ensuring compliance with international accounting standards.
  • Maintained up-to-date, accurate records of all payments, receipts, invoices, and associated documentation for audit readiness and regulatory compliance.
  • Invoicing and Documentation:
  • Prepared and reviewed detailed invoices for client engagements and internal processes, ensuring accuracy in transaction records and compliance with service agreements.
  • Standardized invoicing practices across global locations, ensuring uniformity and adherence to financial policies.
  • Compliance and Tax Management:
  • Directed the preparation and submission of tax filings, including federal, state, and international compliance documents.
  • Ensured timely completion of statutory audits (e.g., IRS audits) with a100% success rate in regulatory clearance.
  • Data Integrity and Error Detection:
  • Leveraged advanced Excel functions, such as financial formulas, pivot tables, and macros, to manage large datasets with precision.
  • Implemented automated processes to detect numerical errors in financial records, improving data accuracy by30%.
  • Collaborative Operations:
  • Partnered with other finance departments to align efforts toward organizational profitability and operational efficiency.
  • Coordinated cross-functional teams to ensure smooth execution of financial projects and compliance initiatives.
  • Financial Systems Oversight:
  • Spearheaded the implementation and optimization of financial tools (e.g., QuickBooks) to streamline transaction management and reporting workflows.
  • Improved operational efficiency by deploying database solutions for real-time updates and monitoring.

Languages

English
Full Professional
Hindi
Professional Working
Telugu
Native or Bilingual

Timeline

CFO - Global Operations

Atyeti Inc. Princeton, NJ - Global IT Solutions and Services Provider
01.2014 - 09.2024

Director - Finance and Administration

03.2011 - 12.2013

Professional Training - Bookeeping, Accounting And General Administration

Private Institution

Bachelor of Commerce - Accounrting, Economics And Commerce

GS College of Commerce And Economics

Master of Commerce - Accounting, Economics & Commerce

GS College of Commerce And Economics
SHASHI Ramesh