Udaya Naik
About Udaya Naik
Udaya Naik is an Assistant Manager in Corporate Accounting at Altisource, with extensive experience in finance processes and accounting systems.
Title
Udaya Naik serves as the Assistant Manager - Corporate Accounting at Altisource.
Current Role at Altisource
Since 2016, Udaya Naik has been with Altisource in the capacity of Assistant Manager - Corporate Accounting. In this role, he has managed the finance process for the India Shared Services setup. His duties include end-to-end accounting approval for sub-ledgers such as Accounts Payable (AP), Fixed Assets (FA), Payroll, and General Ledger (GL). He also plays a critical role in statutory compliance, guiding the team on TDS payments, GST returns, and more.
Past Experience at DXC Technology
Between 2014 and 2016, Udaya Naik worked as Professional 1 Finance at DXC Technology. During his tenure, he was responsible for managing the Project Accounting (Labor Costing) process for the UK region. His role also involved conducting and reviewing financial analysis, enhancing the efficiency of finance processes, and ensuring compliance with established procedures.
Tenure at Finastra Software Solutions
From 2009 to 2014, Udaya Naik served as an Expert Financial Accountant at Finastra Software Solutions. His responsibilities included acting as a Subject Matter Expert (SME) for NetSuite implementation and managing both onsite and offsite transitions of various finance processes. He also prepared financial statements and 3CD forms, contributing significantly to the company's financial accuracy and compliance.
Early Career at Bal Pharma Limited
Udaya Naik began his career as an Accounts Executive at Bal Pharma Limited, where he worked for 7 months from 2008 to 2009. Although early in his career, he gained valuable experience in the field of corporate accounting, laying the foundation for his subsequent roles in more senior positions.
Expertise in Financial Process Improvements
Throughout his career, Udaya Naik has consistently focused on improving financial processes. At Altisource, he enhanced and redesigned existing uploaders, optimized efforts, and tested new functionalities in AP/FA modules to improve process control. His efforts have contributed to reducing manual interventions and increasing efficiency across various financial operations.
Role in Training and Development
Udaya Naik has played a significant role in training and developing team members. He has authored process flows, standard operating procedure documents, and training manuals. In addition to this, he has provided technical and functional support to team members, ensuring they are well-equipped to handle set processes and overcome challenges they face in their roles.