Assistant Manager-F&A (6B) | Record to Report - IBM India Pvt. Ltd. - Chennai
(2018-03)
Acquired proficiency in all over R2R like FP&A, Intercompany and Revenue Accounting, payroll etc. About the Project: Client is a world's leading public service broadcaster.
- Preparation and posting of Journal entries in S4 relating to expenses, revenue, reclass and recharges.
- Reviewing P&L and making necessary journals in month end.
- Preparation of various balance sheet reconciliations.
- Reviewing Reconciliations and assisting team in investigating, tracking and clearing open items involving various Business Units.
- Confirming the payroll salary and taxes to guarantee 100% accuracy before the payment.
- Make sure that every client query is answered within the allotted time frame.
- Supervising the client's Month-end review call and facilitating team towards client requirements.
- Analyze financial data and use financial models for forecasting.
- Track revenue and gross margin by business unit and expenses by cost center.
- Evaluate financial performance by comparing and analyzing actual results with plans and forecasts.
- Evaluate previous budgets and collaborate with business unit leaders to build their annual budgets and forecasts.
- Provide detailed analysis and commentary on the performance of a product or department.
- Communicate results and recommendations to senior management that will lead to revenue generation, cost reduction and more efficient operations.
- Part of S4 Hana transformation team (Upgraded ECC system to S4 HANA)
Assistant Manager-F&A (6B) | Record to Report - IBM India Pvt Ltd. - Bangalore
(2015-08 - 2018-03)
About the Project: Client is a leading global provider of managed networked solutions with unrivalled experience in Asia, Europe and America.
- Preparing E-forms requested by Business Units: which involves the validation of Journals -Accruals/ provisions/ correction/ expense/ revenue recognition Journals.
- Performing end to end journals like revenue recognition for different billing systems, re-allocation, deferral and amortization etc.
- Monitoring daily journals submitted and posted by the team members and Business Unit.
- Preparing GL Reconciliations for Debtors, Unidentified receipts, Provisions, Third party liability etc.
- GST Calculation preparing monthly Business Activity Statement for submission to the Taxation Authority with respect to GST payment / refund.
- Attend meetings and calls to highlight and resolve the queries in order to resolve the issues.
- Coordinating between various internal departments within process.
- Coordinating with Client for any help requests and queries by Business Units.
- Successfully completed Remote Transition for some activities in Revenue accounting.
- Stabilized the process with in a record time.
- Investigated and followed up to clear all the open items.
- Training and transfer of knowledge among the team.
Process Developer | Record to Report - GENPACT LTD - Hyderabad
(2012-09 - 2015-08)
- Closely working with the team to perform month-end close which includes posting all journal entries related to Revenue, Accruals, Reclass.
- Monthly feeds form sub ledger to General Ledger.
- Performing Monthly cash and credit card Reconciliations by comparing GL feed with Bank statement.
- Preparation of monthly reconciliations.
- Tracking and clearing open items by following up with Business Units and relevant Departments.
- Preparing and presentation of Unearned Revenue reports and reconciliations.
- Other Balance sheet reconciliations like Refunds, COA(cash on account),AR clearing.
- Reporting to client directly.
- Participating in daily and weekly call with clients located in various locations.
- Preparation/Updating of Standard Operating Procedure (SOP) which helps new joiners to understanding the Process.
- Training new joiners on the team activities and assessing their performance.
Executive (F&A) - ENVIRO TECHNOLOGIES Inc - Chennai
(2011-02 - 2012-08)
- Performed month-end close which includes reviewing and posting all journal entries related to Revenue, Expenses, Accruals, Reclass, inventory usage, Intercompany transactions & Taxes.
- Reconcile the Vendors& Suppliers Accounts monthly
- Book accruals, expense allocations and perform General ledger account analysis as part of the month end close process
- Assisted and trained Jr Executives and reviewed their accruals and cash reconciliations
- Performed Monthly closing and Report like Inventory, Cash, Creditors, and Debtors.
- Making Funds flow statement, preparing monthly Cash and Expense budget.
- Performed daily cash management activities including recording and reconciliation of fund transfers
- Working knowledge of Account Receivables &Handled Daily Cash and Petty process.
