Experience as Manager Accounts, Audit and Taxation

• Employer

  P.B. Shah (Chartered Accountants)

• From

  15 June 1998

• To

  12 September 2015

• Detail

  Managed a team of 34 FTE’s
  
  Job Profile in brief:
  
  Operations Management: The scope of work includes:
  
  ? General ledger scrutiny.
  ? Verification and resolving audit queries.
  ? Verification and finalization of Final Accounts / Financial Statements and Audit Reports.
  ? Team management.
  ? Client management.
  ? Migration of accounts to ERP system.
  ? Fixed Asset Management.
  ? Preparing project report for various clients.
  ? Income Tax, E-T.D.S., VAT and Service Tax Returns.
  ? Monthly / quarterly MIS for corporate Audits.
  ? Statutory Compliances.
  ? Internal and statutory Audits.
  ? Appearing / attending before the Income Tax & Sales Tax Authorities on behalf of the assesses for Income Tax & Sales Tax assessments, etc.
  
  Special Assignments:
  
  1) Management work of the Accounts Payable done at WIPRO Ltd.
  
  Cash management, Cash disbursements, Bank Transactions, maintenance of bank balances, bank reconciliation and reporting to the regional office (Mumbai) regarding all the transactions on daily basis,
  
  2) Job transition done for P&O Nedlloyd IT Services Pvt. Ltd.
  
  Completed the assignment of job transition of Financial Reporting, Group Administration and Asset Management from P&O Nedlloyd Ltd London (U.K.) H.Q. to P & O Nedlloyd Shared Services Pune:
  
  Group Administration of head office London:
  
  ? Scrutiny of General Ledger of Administration Expenses of head office London and posting rectification entries for the wrong postings.
  ? Posting entries for exchange rate differences.
  ? Working of Accrual & Prepayments and positing Journal entries for the same on monthly basis.
  ? Charging the Administration cost of the head office London to respective profit centers on monthly basis.
  ? Posting Payroll journals of head office London on monthly basis.
  ? Analysis of the Actual Expenditure Vs budgeted expenditure and providing commentary statement on variances for the management.
  
  
  Asset Management:
  
  ? Investigation and scrutiny of Fixed Assets Work in Progress accounts for Assets to be capitalized.
  ? Reconciliation of the Work in Progress account of Fixed Assets.
  ? Investigation of exchange rate difference and posting journal entries towards the same.
  ? Posting Capitalization journals for Fixed Assets.
  ? Posing of Depreciation journal on monthly basis.
  ? Preparing detail report of the assets on monthly basis.
  

Experience as Dy. Project Manager (Accounts & Finance – GL Accounting)

• Employer

  Topsource Infotech Solutions Pvt Ltd

• From

  14 September 2015

• To

  14 October 2016

• Detail

  Managed a team of 21 FTE’s for GL Accounting and Balance Sheet Reconciliations
  
  Job Profile in brief:
  
  Managed End-to-End accounting with monthly Management Accounts and quarterly VAT Returns for UK Clients:
  
  ? Operations Management, Client Management, Escalation Management.
  ? Providing problem resolution with root cause analysis and implementation of corrective actions.
  ? Scrutiny of General Ledger and posting rectification entries for the wrong postings.
  ? Approver of all Accruals, Prepayments, Payroll, Depreciation and other month end Journal entries.
  ? Preparing monthly Management Accounts / Financial Reports (Profit and Loss Account, Balance Sheet, Cash Flow and Fund Flow Statements, etc.)
  ? Variance Analysis of Actual Vs Budgeted expenditure and preparing commentary statement on expenditure variances.
  ? Reviewing Fixed Asset Register.
  ? Preparation and submission of quarterly VAT Returns.
  ? Review & QA of Management Accounts prepared by Project Leaders.
  ? Provide rectification / additional entries after review of Management Accounts.
  ? Weekly Conference Call with Finance Directors, Directors & General Managers of the respective companies.
  ? Other pre-management activities performed by my team for all clients of TopSource are as follows: Bank, Sales and Petty Cash processing / accounting, preparing and posting Payroll and inter-company journals, Balance Sheet Reconciliation, VAT reconciliation, inter-company reconciliation, Flash Report, etc.
  
  Achievements:
  
  ? TopSource awarded me with Promised Service Champion for quarter ending March 2016.
  ? Projects wherein management accounts were closed in 6-7 drafts regularly; those were assigned under my preview from Jan-16, thereafter, we always managed to close the same in second draft.
  

Experience as Asst. Manager (Finance & Accounting) RTR

• Employer

  Infosys BPO Ltd

• From

  17 October 2016

• To

  27 October 2017

• Detail

  Operations Management of US client into the business of manufacturing; the company is listed at NASDAC having base all over the globe and HQ in US.
  
  ? Escalation and Client Management: First point of contact for all escalations, responsible for providing problem resolution with root cause analysis and implementation of corrective action. Managing all client communication, Scheduling and hosting weekly / as required webex meetings with Client.
  ? Preparation and presentation of quarterly dashboard, and weekly status update on projects, which are under progress to Client.
  ? Audit Support: Providing inputs for quarterly and annual audits and resolution to audit queries.
  ? Preparing the monthly KPI / SLA reports for all activities and getting the same approved from the Client.
  ? Approver and Reviewer for all journals, balance sheet reconciliations, and 10Q/10K corresponding schedules (e.g. Prepayments, Accruals, Payroll, Treasury, Inter-company, adhoc reports, journals, IPA Contracts, Short-term and Long-Term transfers, Allocations, Revaluation, Balance Sheet Flux, Expenditure Variance and commentary statement, Chart of Accounts, Recurring journals, etc.).
  ? SOX compliance reporting.
  ? Writing and validating Standard Operating Procedures at regular intervals
  ? Handling people management issues and performance rating.
  
  Achievements:
  
  ? Received “Rising Star Award” in Jan-17 for managing to gain Client confidence and grip over complex R2R process within very short span of time.
  ? Initially there were 30 FTE’s on boarded in this project due to aggressive deadline vendor-vendor transition. Worked on various process improvisations, clean up of historical and current aged open items (Un-invoiced receipts), resource grooming on domain, etc. Post stabilization released 14 FTE’s from this project.
  ? Process simplification implemented in March-17 moving the minimal impact monthly accrual journals and low-risk balance sheet reconciliations from monthly to quarterly.
  ? Implemented recurring journal posting in Oracle for monthly amortization journals.
  

Experience as Sr. Manager Finance & Accounts Operations

• Employer

  Al Dan's Global Solutions LLP

• From

  30 October 2017

• To

  18 September 2019

• Detail

  Responsible for migration and MIS verification of various Hi Tech projects from UK, US and India.
  
  • Transition and stabilization of migrated Accounts.
  • Review and approval of MIS.
  • Review and approval of Balance Sheet Reconciliation.
  • Review and approval of Variance Analysis.
  • Review and approval of UK VAT Returns.
  • Review and approval of GST Returns.
  • Review and approval of TDS returns.
  • Review and approval of Standard Operating Procedures.
  • Escalation and Client Management: First point of contact for all escalations, responsible for providing problem resolution with root cause analysis and implementation of corrective action.
  • Companies financial planning and budgeting.
  • Statutory and Internal Audit support for quarterly and annual audits and resolution to audit queries.
  • ROC Company Law compliance.
  • Managing and overseeing the daily operations of accounting department.
  • Finance Operations Management.
  
  • Analysis of key P&L accounts to ensure correct capitalization of assets and prepaid amortizations
  • Support the monitoring and completion of month-end close activities for the India entity.
  • Preparation of monthly Balance Sheet Flux analysis and selective BS deep dives reviews to ensure compliance with global accounting policies and US GAAP.
  • Support the global accounting team on the implementation of new software to run global scalable accounting operations (i.e. Purchase Requisition tool, FloQast).
  • Assist on the design and implementation of ‘BOTS’ to perform routine transactions.
  • Train Accountants located in India on multiple accounting processes for US GAAP compliance.
  • Preparation of Standard Operating Procedures to meet US GAAP compliance.
  • Prepared and posted journal entries towards historical balance Sheet items to tie up the India Books as per US GAAP under the project Unicorn.
  • Approval of monthly GST Returns.
  • Advance Tax working and payment of Tax.
  • Closing the India Books monthly on WD 3 and preparing and posting the Cost Plus Invoice.