Ankit Gupta

Results-driven Finance & Accounting professional with 13 years of experience in Record to Report (R2R), General Ledger Accounting, Financial Reporting, Month-End Closing, Balance sheet account reconciliations, and Finance Transformation across shared services/BPO/MNC environments. Skilled in handling journal entries, fixed assets, intercompany accounting, variance analysis, and financial statement preparation. Strong expertise in SAP, Oracle, Blackline, Process improvements, Transition management and Microsoft office including Excel, PowerPoint etc.

Proven ability to meet deadlines, improve accounting processes, and ensure compliance with accounting standards and internal controls. Managed end-to-end transition of U.S. based companies' finance and accounting processes from USA to India support team and Coordinated with Onshore team for process transition, and developed Standard Operating Procedures (SOPs), knowledge transfer, and stabilization activities.

Team Lead at XML International (2024-01 – 2026-01)

• Managed end-to-end Record to Report (R2R) activities for multiple entities.
• Prepared and processed complex journal entries including accruals, prepayments, and adjustments etc.
• Managed month-end and year-end close activities ensuring timely and accurate financial reporting.
• Prepared the detailed and complex balance sheet account reconciliations including the Bank, Fixed Assets, Intercompany, VAT, and other General Ledger accounts
• Investigated and resolved all reconciling items promptly, ensuring the accuracy and validity of reported balances.
• Performed intercompany reconciliations and intercompany transactions, ensuring elimination for consolidated reporting.
• Handled Fixed Asset transactions, including additions, depreciation, disposals, and reconciliation of the Fixed Asset Register.
• Developed, maintained, and updated Standard Operating Procedures (SOPs) for all key RTR activities to ensure consistency and knowledge retention across the team.
• Supported internal and external audit requirements by providing clear and comprehensive documentation and explanations.
• Directly interacted with Onshore clients for accounting queries, issue resolution, and reporting requirements.

Senior Executive at KAL Groups Pvt. Ltd. (2022-07 – 2023-03)

• Oversee General Ledger accounting, journal entries, accruals, provisions etc.
• Handled intercompany reconciliations and ensured timely resolution of differences.
• Monitor fixed assets accounting, depreciation, and asset reconciliation.
• Maintained fixed asset register sheet on periodically basis.
• Prepared Balance Sheet accounts reconciliations and bank accounts.
• Performed variance analysis and prepared financial reports for management review.
• Assisted internal and external auditors by providing required schedules and supporting documents.
• Supported month-end and year-end closing activities within defined timelines.
• Collaborated with cross-functional teams to improve process efficiency and accuracy.

Senior Executive at EXL Services.com (India) Pvt. Ltd. (2021-08 – 2022-07)

• Prepared and posted journal entries, accruals, prepayments, and adjustments.
• Performed monthly, quarterly, and yearly financial closing activities.
• Ensured that timely completion of assigned tasks within SLA/TAT.
• Prepared balance sheet reconciliations and resolve outstanding items.
• Detailed balance sheet Flux Analysis; analyzed monthly/quarterly fluctuations in Balance Sheet Accounts and provide the appropriate reason of fluctuation.
• Maintained accuracy of financial records and ensure compliance with accounting standards.
• Prepared and updated Standard Operating Procedures (SOPs).
• Collaborated directly with onshore clients regarding month-end close activities and reconciliations.

Analyst at Accenture Solutions Pvt. Ltd. (2017-09 – 2019-05)

• Managed end-to-end fixed asset accounting activities for multiple entities.
• Recorded asset acquisitions, capitalization, transfers, retirements, and disposals.
• Calculated and reviewed monthly depreciation entries in compliance with accounting policies.
• Maintained accurate fixed asset register and ensured proper asset classification.
• Performed fixed asset reconciliations and resolved discrepancies on time.
• Supported month-end and year-end close activities related to fixed assets.
• Prepared journal entries, accruals, and supporting schedules for reporting purposes.
• Assisted internal and external auditors by providing fixed asset documentation and reports.
• Prepared and updated SOPs for fixed asset processes and controls.
• Supported successful transition of US accounting processes to offshore operations in India.

Senior Executive at EXL Services.com (India) Pvt. Ltd. (2014-08 – 2017-02)

Achievements: Successfully transitioned GL accounting activities from US operations to offshore team.

• Managed end-to-end General Ledger accounting activities for USA-based insurance clients.
• Prepared and posted journal entries, accruals, reclassifications, and adjustments in ERP systems.
• Performed monthly, quarterly, and annual financial close activities within strict timelines.
• Responsible for balance sheet reconciliations and investigated aging/open items.
• Preparation of financial reports in compliance with US GAAP and company policies.
• Managed intercompany accounting transactions and reconciliations across multiple entities.
• Coordinated with onshore US teams and business stakeholders for issue resolution and reporting requirements.
• Supported external and internal audits by providing schedules, reconciliations, and supporting documentation.
• Successfully supported transition of accounting processes from USA to India and completed knowledge transfer activities.
• Performed variance analysis and explained fluctuations in financial statements.
• Ensured compliance with internal controls, SLA requirements, and accounting standards.
• Worked extensively on SAP and advanced Excel functions for reporting and reconciliations.
• Prepared SOPs (Standard Operating Procedures) for finance and accounting processes and obtained client sign-off.
• Handled client escalations and provided accurate accounting support within SLA timelines.

Senior Officer at Wipro Ltd. (2010-12 – 2012-10)

Achievements: Successfully transitioned Fixed asset accounting process from US operations to offshore team.

• Maintain an accurate asset master data in ERP by updating asset information including description; cost center, location etc.
• Responsible to capitalize the assets with in-service date received from the project manager and ensure that the assets are capitalized in correct period.
• Follow up with the project managers to update the status- closing date of the projects before month end close.
• Performed Fixed Asset accounts reconciliations on monthly basis.
• Exceptional reporting with detail analysis for the management including fixed asset addition report, retirements report, depreciation simulations report (MTD & YTD), asset history sheets, CAPEX, Roll forwards monthly and quarterly etc.
• Prepared detailed Standard Operating Procedures (SOPs) for fixed asset accounting processes and Updated SOPs regularly based on process improvements and policy changes.
• Coordinated with auditors to provide required financial data, reconciliations, and explanations.

Process Associate at Genpact (2007-01 – 2010-07)

Achievements: Played a key role in successful migrated Record to Report (R2R) processes from US operations to offshore team.

• Managed daily finance and accounting operations including GL accounting and R2R activities.
• Prepared and posted journal entries, accruals, and adjustments in ERP systems.
• Performed monthly, quarterly, and year-end closing activities within defined timelines.
• Maintained and reconciled balance sheet accounts and resolved open items.
• Handled fixed asset accounting including capitalization, depreciation, and disposal entries.
• Supported internal and external audits by preparing audit schedules and documentation.
• Assisted in intercompany accounting and reconciliations across multiple entities.
• Supported USA-based process transitions and prepared SOPs for documentation.

Bachelor Degree in Commerce – University of Delhi

Diploma in Computer Applications – ISCT-IIS InfoTech Ltd