YASH.DOCX
- 1. YASHWANTH KUMAR C. L Contact: +91-9844230974 Email: yashcl07@gmail.com VALID US VISA PROFILE SUMMARY Dedicated professional with more than 11 years of experience primarily in end to end US & India Payroll processing, accounting & Statutory compliance. Strong domain knowledge of US & Indian Federal, State and statutory wage & hour laws. Strong Team player with exceptional team handling capability. Ability to liaise with cross functional teams and senior management to align towards common enterprise objectives. EDUCATIONAL DETAILS MBA – 2004 (Bangalore University) BBM – 2002 (Kuvempu University) AWARD AND ACHIEVEMENTS “Circle of Excellence” award for 2 years for achieving Customer Delight in the US payroll processing. “Kyzen” award for automation of payroll processing leading to improved quality and efficiency. Successful migration and integration of Payroll data to vendor ERP systems. TOOLS USED Paycor, Greytip (Payroll application). Sun Systems, Great Plains, Vision (Payroll Accounting). Microsoft Office. PROFESSIONAL EXPERIENCE 1. PIERIAN SERVICES PRIVATE LTD - MANAGER (OCT’16 TO TILL DATE) KEY DELIVERABLES: Same roles as in ISGN (I am rebadged to company to whom entire ISGN F&A function got outsourced)
- 2. 2. ISG NOVASOFT TECHNOLOGIES LTD - MANAGER (FEB’08 TO SEP’16) KEY DELIVERABLES: Handling end to end payroll activities (US & India). Payroll Processing & Accounting: - Complete payroll on a weekly, bi-weekly and monthly basis. - Support GL accounting team with monthly close process including journal entries, balance sheet reconciliations. - Critically review and analyze current payroll, benefits and tax procedures to recommend and implement best practices. - Co-ordinate with HR team to ensure processing of new hires, terminations, promotions & transfers in a timely manner. - Liaise with the accounting team to ensure timely transfer of funds and accurat e tracking of cost allocations. - Monitoring leave and time management system (Oracle- HRMS). Successfully transitioned the data to a new ERP system. - Provide SME support to employees for better tax planning. Statutory Audit and Compliance: - Work with both internal and external auditors on periodic audits and statutory compliance. - Monitor the notices or amendments on statutory compliances and keep management informed of implementation plans. - Monitor the courts orders from US with regard to Garnishments and ensure the same is implemented and responded in time. - Ensure compliance on Income Tax Returns, ESIC, PF, Professional Tax and Issuing of Form 16 for all employees. - Monitor all tax notices & address the issues to satisfaction. - Meeting compliances related to form 940, 941, W-2. MIS reporting and Analysis: - Provide cost inputs to FP&A team with detailed variance analysis for management reporting. - Prepare reports on Labor Distribution, Overtime, Time & Demand and Special Payments related to US Employees. Loss of Pay, shift allowances, Incentives, accruals etc. - Calculate & provide inputs to management for Sales Commission, Bonus & Incentive payouts as per the company norms. - Assist the management in financial planning and forecasting process to develop and implement a sound budget/forecast for the enterprise payroll function. - Working with cross functional teams to define and drive discipline in tracking and reporting of data.
- 3. 3. OCWEN FINANCIAL SOLUTIONS PVT. LTD – ANALYST (OCT’05 TO FEB’08) KEY DELIVERABLES: Reconciliation of custodial accounts of various investors, advance facility and various general ledgers. Identification & analyze the variances on loan level basis and take appropriate actions to clear them in time to meet REGAB compliance. Managing the cash flow both inflow and outflow to track discrepancies. Perform an analysis and comparison of remittance reports to trustee prepared reports and ensure the proper and accurate identification and clearing of all variances Facilitate the accurate and timely submission of reports and funds transfer to investors as specified by the servicing agreement. Detailed analysis and research of individual loans and checking for discrepancies and adjusting fund transfers to respective investors’ custodial accounts. 4. RELIANCE INFOCOMM PVT. LTD – SALES ASSOCIATE (APR’05 TO OCT’05) KEY DELIVERABLES: Visiting Industrial customers to get the approval for installing the electronic Equipment called Digital Loop Carrier (DLC). Worked with technical team to build the OFC network in the particular cluster. Getting order for Broad band & Fixed line Services. Managing customer Accounts with respect to Cheques & invoices.