Gowrishankar Sivalingam
Summary
Detail-oriented Assistant Management Accountant with strengths in cash flow forecasting and tax compliance. Administers budgeting cycles, evaluates variances, and presents insights to leadership, driving fiscal discipline and reducing discretionary expenditures. Manages comprehensive financial reporting across multiple subsidiaries, enhancing transparency and enabling timely decision-making.
Overview
9
9
years of professional experience
Work History
Assistant Management Accountant (AR and AP Ledger Lead)
Vision RT
02.2024 - Current
- Analysed monthly service revenues and directed month-end close activities, producing accurate accruals and reconciling balance sheet accounts, which accelerated reporting timelines by five days while consistently maintaining rigorous financial control standards.
- Executed month-end close processes to ensure timely financial reporting and accuracy. within five working days covering £75 million P&L and £180 million balance sheet, accelerated reporting timetable and improved stakeholder confidence through accurate figures outputs.
- Consolidated quarterly financial statements across four subsidiaries, harmonised reporting formats, and reconciled intercompany balances, elevating transparency and allowing leadership to assess performance within reduced deadlines.
- Directed cash flow forecasting, monitored liquidity positions daily, negotiated credit facility revisions, and secured favourable terms, safeguarding working capital requirements amid volatile commodity price fluctuations.
- Administered annual budgeting cycle, coordinating departmental submissions, evaluated variances against goals, presented findings to board, and promoted fiscal rigour reducing discretionary expenditure by eight percent.
- Managed purchase ledger operations, overseeing invoice processing, supplier account reconciliation, and month-end reporting to ensure timely financial oversight.
- Processed purchase invoices accurately and efficiently, ensuring correct coding and timely approvals to maintain financial integrity.
- Prepared payment runs in line with company policies and supplier terms, maintaining strong control over authorisations and cash-flow schedules.
- Support month-end close processes, including preparing accruals, prepayments, and payroll journal entries.
- Prepared month-end and Year-end Journals, collaborated with Finance manager on period-end management accounts and delivered schedules, Commentary, Variance analysis to support statutory compliance and Board-level reporting.
- Reconciled 37 balance sheet accounts monthly, clearing aged suspense items worth £1.2 million, thereby reducing audit adjustments and preserving company reputation with external auditors during reviews.
- Supervised tax compliance across UK and EMEA entities, coordinated advisers, reviewed returns for accuracy, and achieved timely filings that avoided penalties and improved tax rate.
- Strengthened internal control environment through risk assessments, updated finance policies, delivered staff workshops, and reduced audit findings from nine items to two during external audit.
- Executed credit card reconciliations monthly, verifying all transactions for accuracy and ensuring timely allocation to uphold financial accountability.
- Processed staff expenses in line with company policy, maintaining precise records and resolving discrepancies promptly.
- Maintained the fixed asset register, preparing depreciation journals and ensuring all assets were recorded, updated, and compliant with accounting standards.
- Managed stock records and reporting, including regular updates, variance checks, and supporting inventory audits.
- Converted manual invoicing and expense submission into digital workflow using Xero and Expensify, eliminating paper records company-wide, raising audit traceability, approval speed, and month-end accuracy.
- Set up weekly and ad-hoc payment cycles through online banking workflow, synced with cash forecasts, preventing supplier hold-ups and maintaining early settlement discounts across spend.
- Arranged invoice factoring facility for subsidiary, releasing up to £2m working capital within forty-eight hours, smoothing cash cycle and allowing supplier payments without term extensions.
- Allocated bank receipts and payments in a timely manner, and reconciled bank statements across multiple entities with multi-currency accounts.
- Set up weekly and ad-hoc payment cycles through online banking workflow, synced with cash forecasts, preventing supplier hold-ups and maintaining early settlement discounts across spend.
Credit Controller
Vision RT
05.2023 - 01.2024
- Monitored debtor ledger daily, negotiated payment plans, and reduced average days sales outstanding from fifty to thirty-five through persistent follow-up and precise account reconciliations efforts.
- Negotiated credit limits and terms with domestic and overseas customers, scrutinised creditworthiness data, and safeguarded cash flow without compromising profitable growth or customer relationships continuity.
- Prepared rolling thirteen-week cash forecasts incorporating anticipated receipts, capital expenditure, and tax obligations, supporting proactive treasury decisions and maintaining liquidity ratios throughout volatile trading periods.
- Administered accounts payable cycle, negotiated supplier discounts, scheduled electronic payments, and reduced average payable days, contributing working capital and reinforcing supplier confidence in organisational reliability.
- Directed annual external audit preparation, compiled supporting schedules, and promptly answered auditor enquiries, achieving unqualified opinion and ensuring adherence to International Financial Reporting Standards across group.
- Reworked month-end close for multiple entities, replacing manual spreadsheets with template-driven formulas requiring trial balance import, reducing timetable from three weeks to three days.
- Brokered agreement between company and distributors within one week, translating contractual clauses, resolving six-month impasse, securing distribution rights and facilitating timely launch of new product line.
- Achieved £2.5 million annual procurement savings through renegotiated supplier terms, partnered with operations, recalibrated standard costs, and promptly reflected impact accurately throughout profit and loss statements.
Assistant Management Accountant
G’s Growers Ltd
11.2019 - 03.2023
- Produced month-end and year-end journals, liaised with Finance Manager on period-end management accounts, supplying schedules, commentary, and variance analysis to underpin statutory and board reporting.
- Reconciled bank statements to general ledger monthly, resolved variances, posted accruals and prepayments, and completed balance sheet reconciliations.
- Recorded transactional activity within JD Oracle ledgers and journals, updating balances, identifying discrepancies promptly, and supplying accurate figures for cashflow forecasting and senior leadership reporting packs.
- Applied precise coding to invoices, receipts, and files, maintaining orderly records and supporting rapid retrieval for auditors, finance teams, and external stakeholders during periodic reviews.
- Generated and dispatched weekly invoices, billing one hundred customers each month, respecting agreed credit terms, accelerating payments, and safeguarding company liquidity alongside debtor ratio targets.
- Produced cash flow forecasts for 18-month horizon aligned with £180 million balance sheet, aiding treasury in scheduling funding requirements and mitigating potential covenant breaches.
- Overhauled fixed asset register by verifying 4,300 items, identifying obsolete equipment worth £600k for derecognition, enhancing asset management accuracy.
- Restructured chart of accounts, merging cost centres, simplifying transactional coding, and reducing journal entry corrections during month-end reviews.
- Introduced new ERP reporting cubes, shortening month-end consolidation by two days and delivering real-time management accounts, enhancing analytic capability across commercial teams.
Accounts Assistant
Finance Investment Group
01.2018 - 10.2019
- Monitored accounts receivable and payable, reconciled supplier invoices, chased outstanding balances, and recorded settlements, supporting timely cash flow and accurate month-end positions across multiple ledgers.
- Verified employee expense submissions, coded transactions, posted journals, maintained complete financial documentation, meeting audit standards, reducing discrepancies through vigilant review of accruals, assets, and liabilities.
- Processed fortnightly payroll for 108 staff using BrightPay, calculated statutory deductions, prepared wage journals, reconciled payroll accounts, and distributed electronic payslips, ensuring compliance with filing deadlines.
- Closed monthly accounts three days earlier by refining reconciliation process across fourteen ledgers, overseeing £3 million profit and loss and £12 million balance sheet, minimising audit queries.
- Reconciled fixed asset register to general ledger during month-end, validating £8 million balance sheet value and confirming depreciation entries accurately reflected within £1 million P&L budget targets.
- Compiled monthly management pack analysing £2 million P&L variances and £10 million balance sheet movements, resulting in departmental cost savings of £350K within two quarters.
- For tax obligations, generated returns via specialist software, preserved client confidentiality, produced consolidated statements, and assisted month-end reporting by reconciling outputs to general ledger balances.
Education
ACCA - Part Qualified (Professional Level)
Kapalan
AAT Qualified - MAAT
BSC (Hons) - Accounting and Finance
Anglia Ruskin University
Skills
- Cash flow forecasting
- Financial reporting
- Balance sheet reconciliations
- Bank reconciliations
- Purchase ledger management
- Invoice processing
- Tax compliance
- Tax compliance knowledge
- Audit procedures understanding
- Accounting software
- Microsoft Excel
- Team leadership
Custom
Previous role includes Account Assistant for CambsGlass (2016-07-01 to 2017-12-31)
Timeline
Assistant Management Accountant (AR and AP Ledger Lead)
Vision RT
02.2024 - Current
Credit Controller
Vision RT
05.2023 - 01.2024
Assistant Management Accountant
G’s Growers Ltd
11.2019 - 03.2023
Accounts Assistant
Finance Investment Group
01.2018 - 10.2019
ACCA - Part Qualified (Professional Level)
Kapalan
AAT Qualified - MAAT
BSC (Hons) - Accounting and Finance
Anglia Ruskin University