Abhigyan Jha

• Developed and updated IBNR (Incurred But Not Reported) claims reports in collaboration with actuarial and finance teams, improving reserve accuracy.
• Prepared and maintained annual budgets and quarterly forecasts aligned with business objectives, ensuring accurate financial planning.
• Managed monthly and quarterly FP&A reports, consolidating financial data from multiple business units for leadership review.
• Presented monthly financial performance packs to senior leadership, highlighting trends, risks, and opportunities.
• Assisted in cost optimization projects, identifying budget savings without impacting operational efficiency.
• Conducted variance analysis to identify deviations from budget/forecast, providing actionable insights to management.
• Produced management reports, dashboards, and KPI analysis to support strategic decision-making.

• Prepared detailed variance reports, explaining budget vs. actual performance, and provided recommendations to department heads to enhance financial control.
• Supported the creation of long-term strategic financial plans by analyzing historical data, market trends, and economic conditions to inform future financial decisions.
• Assisted in the preparation of monthly and quarterly budgets, ensuring all expenses were tracked and aligned with company targets.
• Processing General accounting on daily basis with open item clearing, Fixed assets,Intercompany, Reporting, Balance, Bank account reconciliations.
• Managed financial forecasting models to predict revenue trends, expenditure patterns, and cash flow requirements for the next [6-12] months, leading to accurate resource allocation and investment planning.
• Analyzed files and accounts for discrepancies and resolved variances.
• Worked closely with delinquent counterparty to collect and reconcile accounts through approved channels or systems.
• Processing monthly prepayments, FX valuation with FX exposure report and IRL activity
• Prepared and maintained assigned accounts monthly and quarterly reconciliation schedules.
• Kept accounts receivable and payable tracking database current with relevant client information, collection and billing progress and program changes.
• Collaborate, worked with cash application team and credit manager on timely and accurate posting of remittances.
• Assisted with month-end and year-end closings to support accounting system adequacy.

➢BUDGETING & FORECASTING:

• Assisted in the preparation of monthly and quarterly budgets, ensuring all expenses were tracked and aligned with company targets.
• Conducted budget vs. actual analysis, identifying discrepancies and working with department managers to implement corrective actions.
• Supported senior analysts in creating quarterly forecasts by gathering and consolidating financial data from various departments.

➢ DIRECT TAXATION:

• Preparing Documents, Summaries and attending for Income Tax Scrutiny assessments before A.O., Assistant Commissioner, ITAT.

• Preparation of Income Tax Computations, Filing of Returns and Tax Audit Reports of various clients including corporate client, Private Limited Companies, Charitable Organizations, Read Estate and Infrastructure, Partnership Firms and Proprietary concerns.

• Preparation and filing of TDS Returns and giving a timely response to any notices raised by department.

• Giving a consultation or advice regarding any issues of clients related to direct tax or TDS.

• Communication to the clients on timely basis and solve any queries regarding taxation.

➢ ACCOUNTANCY & AUDIT:

• Assisted in preparation of Project Reports along with study of Financial Ratios.

• Statutory Audit of concerns involved in various sectors like Construction, Trading, Manufacturing and Service Industries with timely audit finalization and maintaining all the documentation as per the rules.

• Compliance with Accounting Standards and Auditing Standards as issued by ICAI.

• Ensuring Preparation and Presentation of Financial statements in compliance with Schedule III of Companies Act 2013 & CARO.

• Preparing all the accounts of clients till the finalisation of a financial statements.

• Managed end-to-end accounting operations, including accounts payable/receivable, general ledger, and bank reconciliations, ensuring accuracy and compliance with internal policies and accounting standards.
• Performed monthly, quarterly, and annual closing of accounts, ensuring all financial statements were prepared in accordance with regulatory guidelines and were error-free.
• Coordinated with the audit team to facilitate internal and external audits, providing required documentation and ensuring timely completion of audits.
• Prepared detailed bank reconciliation reports for multiple accounts, identifying discrepancies, and resolving issues promptly to maintain accurate financial records.
• Assisted in the preparation of financial reports (balance sheet, profit & loss statement) and provided valuable insights for senior management decision-making.