Mahesh K.

Functioned as Finance Controller for three business units at the Global Engineering Centre (GEC). Developed and maintained timely and accurate financial statements and reports. Oversaw P&L from Revenue to EBIT, ensuring accuracy and compliance. Directed monthly forecasting, annual budgeting, and reporting using Hyperion Financial Management (HFM). Executed month-end close procedures, including headcount, P&L, bonus, and capex reporting. Worked collaboratively with AR, AP, GL, and operational teams to address financial issues. Managed internal and statutory audits to successful closure.

Led Revenue Operations with a focus on Revenue Recognition, Global Accounts Receivables (AR), Billing (Time and Materials, Milestone, License), Cash Application, and Days Sales Outstanding (DSO) reduction. Managed the complete Accounts Receivable process, including billing for Time & Materials (T&M), Milestone, and License-based contracts. Directed billing operations to ensure accuracy and adherence to deadlines. Led cash application activities for the timely posting of all client payments. Provided essential functions including revenue recognition, GL activities, and DSO monitoring. Generated monthly AR reports, flash reports, and conducted necessary reconciliations. Offered substantial support for internal and statutory audits.

Performed an independent (IC) role concentrating on the Global Accounts Receivable process across various international regions. Ensured correct billing for Time & Materials (T&M), milestone and license agreements, while executing prompt cash application. Conducted revenue recognition entries, General Ledger (GL) entries, and Days Sales Outstanding (DSO) analysis. Produced month-end AR reporting and reconciled customer ledgers. Supported internal and statutory audit requirements.

Oversaw the billing process for over 45 US-based clients. Monitored project status against Statement of Work (SOW) or Purchase Order (PO) to ensure timely invoicing. Created invoice tracking reports for each project, issuing reminders to project managers regarding upcoming invoices and gathering necessary details for project or resource plan adjustments. Issued invoices to customers upon completion of milestones for fixed fee and T&M projects, tracking payments against due dates. Managed project-related expenses and invoiced them to customers for timely reimbursement. Reviewed milestone invoices generated by the team and obtained approvals from Project Directors prior to client distribution. Collaborated with Sales, Account, and Project Managers to resolve issues related to invoices, payments, SOWs, and POs. Supervised day-to-day collections activities, managing collections, cash application, query resolution, and escalations. Followed up with key clients on overdue or outstanding payments. Conducted aging analysis to maintain receivables within acceptable limits and facilitated payment collections. Prepared average and variance analysis for billing and salary costs, along with headcount considerations. Ensured timely preparation and submission of monthly customer revenue and accruals reports. Generated project-wise Gross Margin Reports and maintained order backlog reports.