Karthik Durairaj
Bracknell,Berkshire
Summary
Experienced and results-driven Senior Accountant with over 12.10 years of progressive experience in Finance and Accounting across global markets including EMEA, APAC, and North America. Skilled in managing accounts payable/receivable, credit control, financial reporting, regulatory compliance, and ERP implementation. Proven leader in process improvement and team management, with a strong focus on UK taxation, IFRS, and US GAAP. Adept at enhancing financial efficiency and contributing to strategic goals.
Overview
13
13
years of professional experience
5
5
years of post-secondary education
1
1
Certification
Work history
Senior Financial accountant
Molecular Devices
Winnersh
05.2025 - 07.2025
- Managed AR close, credit management, collections, and revenue recognition.
- Prepared monthly collection forecasts and supported daily banking activities.
- Collaborated with commercial teams to improve collections and financial insight.
- Ensured compliance with credit policies, monitored DSO, and escalated risks.
- Conducted ledger audits and supported month-end MIS reporting.
- Drive collections efforts on past-due accounts and implement recovery strategies.
- Achieved streamlined workflow with thorough process improvement initiatives.
- Mitigated potential financial risks by identifying errors in calculations or invoice details before processing payments.
- Bolstered organisational reputation by establishing rapport with vendors through regular communication and prompt payments.
- Assisted in annual audits, ensuring full compliance with financial regulations.
- Managed high volume invoicing effectively; adhered to set timeline for payments.
- Coordinated recordkeeping for compliance, tax preparation and external audits.
- Developed dashboard visualisations, improving stakeholder comprehension of complex data sets.
- Assisted with yearly audits by providing necessary documentation and explanations of financial records.
Senior Accountant
OpenText
Reading
03.2024 - 03.2025
- Reduced bad debts through effective credit control.
- Performed monthly closings and financial statement preparation.
- Managed vendor payments, reconciliations, and tax compliance.
- Improved operational efficiency through automation of key tasks.
- Reviewed and completed customer refunds and adjustments with high degree of accuracy.
- Collaborated closely with sales team to resolve any customer issues or disputes promptly.
- Developed strong relationships with customers to facilitate smooth transactions and debt collection efforts.
- Consistently met deadlines for monthly closing of accounts receivable ledgers, enhancing organizational productivity.
- Coordinated effectively with other departments, enabling seamless information flow for better decision making.
- Reviewed and certified official financial statements for presentation to shareholders and governing bodies.
- Analyzed budgets and financial projections for accurate reporting of company performance.
- Resolved invoice coding and tracked recurring expenses for accrual entry.
- Helped resolve disputed claims as official client representative to tax officials.
- Tracked tax, invoicing and budget information accurately using QuickBooks.
- Managed the reconciliation of bank statements to ensure accuracy and completeness.
- Completed month-end closing activities on time to avoid delays in reporting.
- Developed internal controls over accounts payable, minimizing risk of fraud or error.
- Modified customer payment terms, implementing early payment incentives to reduce past due balances.
- Assisted in the annual budgeting process, providing valuable input from an accounts receivable perspective.
- Compiled budget reports, financial spreadsheets and organizational charts to support business governance.
- Reviewed and approved balance sheet reconciliations to ensure compliance with regulations.
Senior Financial Accountant
Foundation Home Loans
Bracknell
04.2023 - 02.2024
- Led month-end close and financial statement preparation under IFRS.
- Presented financial results and risks to senior stakeholders.
- Oversaw balance sheet reconciliation including payroll VAT, fixed assets and accruals.
- Cultivated excellent relationships with finance business partners, resolving variances to meet reporting under IFRS 16 and timing requirements.
- Produced high quality balance sheets, cash flow forecasts and working capital reports monthly.
- Reviewed processes, proactively identifying opportunities for standardization, streamlining and improvement.
- Documented and reported on financial KPIs, budget adherence and overall financial fluidity to inform strategic decision-making.
- Oversaw A/P and A/R functions, delegating team tasks to meet business demand.
- Pushed reports, budget forecasts and preliminary tax documents through appropriate channels to facilitate timely data distribution.
- Reconciled expense reports and financial statements to enforce established cost controls.
- Improved cash flow by strategically timing payment and invoice processing.
- Dealt with invoice and payments enquiries, liaising with relevant departments to provide accurate answers.
- Reviewed transactions posted to ledger for compliance with appropriate tax laws.
- Generated and distributed claims budget distribution reports weekly, and remaining balance reports monthly.
- Smoothened day-to-day operations by clearly communicating with stakeholders and delivering on team targets.
- Contributed to achieving zero audit findings in financial audits by maintaining accurate documentation.
Assistant Manager
Genpact
Paddington
01.2021 - 02.2023
- Oversaw internal accounting and payroll operations.
- Managed IFRS 16 lease reporting and automation.
- Supported budgeting, forecasting, and variance analysis.
- Management Accounting: Preparing income statements, balance sheets and other financial documents.
- Measuring the company's financial performance based on financial records.
- Overseeing other aspects of financial operations such as bookkeeping and payroll.
- Evaluating and monitoring financial information systems and recommending improvements where needed.
- Accounts payable & Receivable: MIS Reporting, Rental payments (IFRS16) & control - Finance, successful implementation of IFRS16 lease Replica Program.
- IFRS 16 Management, Automation and Reporting & Rental payments.
- Monthly portfolio and quarterly disclosure Reporting of IFRS 16 Leases to CFO.
- Presenting forecasting and budgeting of Rent, Amortization and interest expenses against IFRS16 Leases.
- Responsible for maintaining and reporting on the financial records of the process, ensuring compliance with US GAAP and K-IFRS standards.
- Reduced errors in financial reports by 20% through implementation of new processes and controls.
- Managed the successful implementation of a new accounting system, resulting in a 30% decrease in processing time.
- Collaborated with the tax department to identify and reduce the company's tax liability, resulting in savings of $500,000.
- Provided accounting services to various clients, including tax preparation, financial statement analysis and audit support.
- Implementation Macro file for extracting volume and prepared volume chart for allocation team.
- Attending Weekly call with onshore team and discussing weekly performance.
- Fortnight meeting with individual team members and sharing their performance.
- Leading Mentoring & monitoring performance of team members to ensure efficiency in process operations and meeting of individual & Group targets.
Team Leader
Capgemini
10.2018 - 12.2020
- Led AP team handling international vendor payments and PO processing.
- Managed payroll processing and reconciliation of credit card statements.
- Developed dashboards and SLA reports for client review.
- Directed transition projects for EMEA finance processes.
- Initiating the payments in bank sites Authorize the payments.
- Control Chart, Accuracy Individuals, Causal Analysis, Defect Log, QC Calibration, RCA-Escalations, SLA Report preparation.
- Business process lead, Had Transition experience of 1 Month to EMEA countries in 2018 and 2019.
- Managed and performed the full Accounts Payable cycle, ensuring invoice/expense reports disbursements were accurate with the relevant approved document in accordance with the payable policies and procedure.
- Ensuring fixed assets, prepaid expenses were correctly coded and with correct sales and use tax.
- Employee payroll processing and tracking.
- Reconciled and analyzed corporate / Purchasing Credit card statements for payment processing.
- Resolved and monitored aging or invoice on hold, prepayment and un-invoiced receipt reports.
- Prepared wire payment requests for vendors by generating cash requirement reports and reconciling with the intercompany vendor payment list.
Senior Process Associate
Tata Consultancy Services
11.2012 - 01.2018
- Handled PO invoice processing and vendor account reconciliations.
- Led automation initiatives including LSMW implementation for master data.
- Supported travel expense audits and quality control checks.
- VendorCreation/Changes/extend/Block/unblock/Deletion (Including Employee Vendors).
- Ensuring all the Legal Process followed before setting up the Vendor creation and change to avoid Bank Corrupted and blacklisted Vendors on each country.
Education
Master's - Finance & Accounting
Bharathiyar University
01.2015 - 01.2017
Bachelor's - Accounting & Finance
01.2009 - 01.2012
Skills
- Financial Reporting & Analysis
- Accounts Payable & Receivable
- Credit Control & Collections
- Month-End Close & Reconciliation
- UK Taxation & HMRC Compliance
- IFRS, US GAAP, K-IFRS Knowledge
- SAP ERP, Oracle Fusion, JD Edwards, MS Dynamics 365
- Budgeting & Forecasting
- Process Transition & SOP Development
- Team Leadership & Stakeholder Management
Certification
- Certified General Accountant
- Accredited Business Accountant
- SAP ERP Finance – ECC 6.0, EHP7
Accomplishments
- Led finance process transitions for EMEA, North America, and APAC regions.
- Successfully implemented financial systems across four countries.
- Created and standardized 48 SOPs for AP and AR functions.
- Reduced financial reporting errors by 20% through process automation.
- Contributed to a $500K tax saving via strategic collaboration with tax teams.
Timeline
Senior Financial accountant
Molecular Devices
05.2025 - 07.2025
Senior Accountant
OpenText
03.2024 - 03.2025
Senior Financial Accountant
Foundation Home Loans
04.2023 - 02.2024
Assistant Manager
Genpact
01.2021 - 02.2023
Team Leader
Capgemini
10.2018 - 12.2020
Master's - Finance & Accounting
Bharathiyar University
01.2015 - 01.2017
Senior Process Associate
Tata Consultancy Services
11.2012 - 01.2018
Bachelor's - Accounting & Finance
01.2009 - 01.2012
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