Headline

Accountant (Level 5) @ Transaction Network Services | Financial Accounting and reporting | Month end closing | Record to Report

Location

Delhi

Work experience

Accountant (Level 5) at Transaction Network Services (TNS), Aug 2023 - Present · 2 yrs 11 mos, Noida, Uttar Pradesh, India, - Managed Record-to-Report (R2R) operations for UK and EMEA entities ensuring US GAAP compliance. - Executed month-end close activities, including Income Statement and Balance Sheet preparation. - Conducted financial variance analysis to identify key operational drivers. - Processed adjusting journal entries for accruals and revenues. - Completed balance sheet reconciliations for bank and inventory accounts. - Administered tracking for prepayments and fixed asset accounting. - Compiled monthly balance sheet packs and coordinated audit requirements. - Enhanced reporting accuracy through process improvements and automation initiatives.

Assistant Manager at Allianz Partners India, Mar 2022 - Jul 2023 · 1 yr 5 mos, On-site, *Aligned with the finance vertical of Allianz, primarily serving European clients with the preparation and reporting of the accounting function, ensuring that the relevant regulatory compliance (IFRS) is met. * Perform month-end close activities, including journal entries, accruals, and reconciliations. * Prepare financial statements and reports, including balance sheets and income statements. * Identify and implement process improvement opportunities to streamline the RTR process. * Manage intercompany transactions and reconciliations to ensure accuracy and completeness. * Collaborate with other departments to resolve issues and ensure compliance with policies and procedures. * Assist with the annual audit process by providing necessary documentation and explanations. * Executed various accounting functions including but not limited to asset accounting, provision, and income accrual, depreciation run, foreign exchange (FX) run, Reporting of Income and Assets, Pensions, ECCS Reporting, billing accruals, and, booking of SAP T-codes. * Led and mentored a team associates, in addition to reviewing output in terms of journal entries, invoices prepared for intercompany transactions, depreciation run, regrouping, etc. * Spearheaded many initiatives driving root cause analysis on all critical issues/errors reported, and devising corrective as well as preventative action. * Built and standardized a Set of Procedures (SOPs) for multiple accounting functions. * Preparation of account reconciliations in Blackline of various entities. * Excellent knowledge of accounting tools like SAP, and Blackline. * Preparation of closing checklist and discussion with the superiors regarding the status. * Knowledge of US GAAP as well as IFRS.

Process Developer at Allianz Partners India, Mar 2020 - Mar 2022 · 2 yrs 1 mo, Hybrid, Financial Accounting and Reporting

Senior Associate at EXL, Sep 2018 - Mar 2020 · 1 yr 7 mos, Noida, *Handling incoming payments and applying them to their respective policies. * Interaction with brokers within the company and providing the necessary information about payments. * Making payouts to the customers after the settlements of the due invoices. * Treatment of automatically rejected payments by the Bank and locating them in SAP and applying them back to the correct policy. * Handling the ESR payments made by the customers and continuous interaction with the Robotics team regarding the automation of the payments. * Prepare ESR reports in order to have an idea of daily deposits by the customers. * Posting/Settlement between open invoices and open amounts. * Maintaining and preparing the data in accordance with Sarbanes-Oxley Act.

Process Associate at GENPACT, Mar 2016 - Aug 2018 · 2 yrs 6 mos, Noida, Uttar Pradesh, India, * Invoice Processing along with vendor management activities, in addition to vendor clearing. * Processing of Non-PO, PO, and credit notes in SAP. * Handling of entire Prime Revenue Account and keeping track of daily payments. * Handling business queries regarding unpaid invoices from vendors. * Verification of discrepancies in invoices with GRNs, Price, quantity differences, and tax variations. * Responsible for the correct treatment of VAT on invoices on the basis of their nature of goods and services. * Performing Audits of high-value invoices and giving feedback to the team members. * Coached the team about different tax codes for different countries. * Reconciliation of invoices and performing DAT(duplicate audit tool) in order to avoid any duplicate payment. * Uploading vendors’ information (Bank details) into the vendor management tool in order to process payments. * Continuous interaction with the Procurement team regarding the GRNs * Ensuring the posting and payments of invoices with 0-day credit term.