Jayaprakash A S
General accounting
Bangalore
Summary of Career
1. Played an instrumental role in calculating FX rates for payments via USD mode and ensured the proper recording of all local currencies in accordance with country requirements.
2. Established and followed global standard operations by orchestrating settlement process for all countries to clear inter-company GLs.
3. Managed inter-company transactions and invoicing for daily, monthly, quarterly, and yearly transactions for more than 43 countries. I
4. Reconcile all intercompany GL accounts ensuring all are Balanced, correct benefit periods are applied and all accruals are reversed.
5. Reviewed detailed analyses of fixed asset general ledger accounts and depreciation expenditure on a monthly, quarterly and annual basis.
6. Coordinated the end of month closing process to ensure all corporate deadlines are met and information is presented in accordance with GAAP.
7. Reviewed journal entries to keep inter-company accounts in balance and record corrections.
8. Track and report all open items between the Inter- Company balances over 90 days.
9. Analyzed Monthly balance sheet account for corporate reporting.
10. Assist team members when required
Experience as Practitioner finance and accounting
IBM GLOBAL SERVICES INDIA PVT LTD
24 November 2015
04 March 2019
Managed inter-company transactions and invoicing for daily, monthly, quarterly, and yearly transactions for more than 43 countries. Initiated on-time payments to all inter-company accounts by reviewing and performing wires. Improved accuracy in balances by recording and applying correct benefit periods and reversing all accruals. Assessed the effectiveness and correctness of journal entries to maintain an accurate record of inter-company balances and records. Analysed balance sheet account for corporate reporting on a monthly basis. Identified and reported all open items with over 90 days between the inter-company balances.
Key Accomplishments:
• Played an instrumental role in calculating FX rates for payments via USD mode and ensured the proper recording of all local currencies in accordance with country requirements.
• Established and followed global standard operations by orchestrating settlement process for all countries to clear inter-company GLs.
Experience as General accounting ops associate
05 July 2019
To date
Diligently conduct review and detailed analysis of fixed asset general ledger accounts and depreciation expenditure on a monthly, quarterly, and annual basis. Reconcile fixed asset accounts, prepare ad hoc reports, and report to the management on significant expenditure fluctuation. Ensure the presentation of true and fair information to the stakeholders by complying with GAAP principles.
Key Accomplishments:
• Performed month-end closing procedures, including preparation of journal entries and account reconciliations with 100% accuracy.
• Supported senior management in strategic decision-making process by preparing monthly financial reports in an accurate manner.
Master 09 July 2015
Master of business administration in financeBachelor 01 June 2013
Bachelor of commerce