Abhishek Khandelwal
Chartered Accountant
Noida,UP
Summary
A qualified chartered accountant possessing 8+ years of experience, well versed in various aspects of FP&A, Management Reporting, Financial Accounting at Plant and corporate, regulatory compliance and controls. Proficient in financial reporting, accounting, usage of SAP MM and FICO module and related tax requirements. Have a keen eye for improving processes and controls and delivering quantitative and qualitative efficiencies.
Overview
12
12
years of professional experience
3
3
years of post-secondary education
Work History
Manager
Genpact India Pvt. Ltd
, U.P
12.2020 - Current
- Actual Reporting.
- Preparing monthly summary of actuals posted in SAP.
- Preparing variance analysis on monthly actuals results versus forecasts.
- Seek clarifications from other cross-functional teams in Finance (Business Process Teams, Legal Entity Controllers, and others) on any material transaction or adjustments made.
- Planning & Forecasting.
- Obtains and discuss impact of budget assumptions with Business Unit (Finance, Comp/Ben and function units).
- Prepare and facilitates annual budgeting and monthly forecast process with BU and other relevant functions.
- Prepares YTG forecast based on latest Marketing plan and business assumptions.
- Ensures adherence to Approval matrix as set forth by company policies and guidelines and/or other regulations or legislation.
- Perform Reporting and prepare dashboards on performance Reporting.
- Supports and facilitates discussion of annual budget and monthly rolling estimates.
- Explain variances versus prior year, budget plan and prior forecast for complete P&L.
- Evaluates and communicates impact of changes in assumption(s) to BU Finance.
- Provides risk and opportunity analysis based on current forecast.
- Prepares and publishes Expense reports to relevant parties.
- Improved operational planning and business frameworks to enhance resource utilization and reduce waste
- Accomplished multiple tasks within established timeframes
- Established and administered annual budget with controls to prevent overages, minimize burn rate and support sustainability objectives
Deputy Manager (Commercial Head )
J K Cement Ltd
Jharli, Haryana
08.2020 - 12.2020
- Team Size Handling: - 7 Persons.
- Responsible for all types of Contractors Bills checking and Accounting in SAP ERP System with payment reconciliation.
- Preparation of fund flow, Trial Scrutiny and Bank Reconciliation statement along with detailing of all liabilities.
- Preparation of Opex of plant and monitoring of deviation analysis with actual output from standard cost technique.
- Assist in Physical verification of Raw material stock and reconciliation.
- Computation of Capex and payback period of projects and monitoring their expense along with booking code & material.
- New Project working since beginning (i.e.
- Capex, payback, various ratios computation, fund planning, Government subsidy working (as per prevailing Industrial policy).
- Preparation & Monitoring of Various MIS for Cement plant to control over expense and highlight expense to Senior Management i.e.
- Executive summary report, DPR, Daily expense report, Raw Material handling cost report, Store spare cost report, Raw mix cost report, Maintenance cost report (Contractual Manpower cost), Master report for contractor billing, Material consumption and shortage reconciliation report, Unloading time analysis, Raw Material handling equipment life Cycle and cost effectiveness analysis etc.
- Preparation and monitoring of unit level product wise costing and P&L.
- Drove operational improvements which resulted in savings and improved profit margins
- Performed duties in accordance with applicable standards, policies and regulatory guidelines to promote safe working environment
Deputy Manager
J K Cement Ltd
New Delhi
09.2018 - 07.2020
- Preparation of MIS Reports: Monthly, Quarterly and Yearly.
- Assist in preparation of Annual Budget and variance analysis reports.
- Generating Business As Usual (BAU) reports.
- Supports ad-hoc presentation/analysis development and responds to information requests from management.
- O Develop internal work procedures and initiate process improvements.
- Create and maintain Dashboard/scorecard to assist with strategic decision-making and distribution up to the board level.
- Interviewed, performed background checks, hired and trained [Number] of associates in [Year]
Assistant Manager
J K Cement Ltd
Kanpur
01.2014 - 08.2018
- Preparation of Accounts.
- Preparation of financial statement in compliance with Indian Companies Act and Tax laws (Income Tax and GST).
- Reporting key Financials as per Indian (INDAS) and International Accounting Standards (IFRS).
- Assisting auditors with queries and closure of observations during statutory audit.
- Passing Journals for Import Accounting using MM Module in SAP (i.e.
- Creation of purchase Requisition, Purchase Orders, Passing Custom Duty Bills, Party Bills and Handling Agent Bills.
- Day to Day Accounting Vouchers of Cash and Bank and Journal and provisions.
- Liaison with Tax and Statutory Government Departments:.
- Service tax reconciliations of duty payments as against balance available in the CENVAT registers on monthly basis.
- Preparation and Filing of Service Tax Return.
- Liaison with Service Tax Department (now GST).
- Compliance, Process Improvement and Internal Controls.
- Defining processes and controls for department as mandated by business process improvement initiative.
- Work with external counsel to define Foreign Exchange Rates Policy for the company.
Article Assistant
P.L.Tandon & Co
Kanpur
07.2008 - 01.2013
- Lead Statutory and Internal Audit of Manufacturing and Banking Institutions.
- Responsible for Audit planning, strategy and closure.
- Evaluation of internal control system of companies and recommending steps to improve the internal controls.
- Finalization of Financial Statements and Audit Report.
- Preparation of tax returns for Individuals, Partnership, Companies and Trusts.
- ACADEMIC & PROFESSIONAL QUALIFICATION.
Education
Chartered Accountant -
Institute of Chartered Accountant of India
Kanpur 01.2010 - 05.2013
Skills
Business planning
Financial Management
Cost control and reduction
Strategic and financial planning
Budget forecasting
Reporting familiarity
Dashboards / MIS
ERP implementation / Automation
Timeline
Manager
Genpact India Pvt. Ltd
12.2020 - Current
Deputy Manager (Commercial Head )
J K Cement Ltd
08.2020 - 12.2020
Deputy Manager
J K Cement Ltd
09.2018 - 07.2020
Assistant Manager
J K Cement Ltd
01.2014 - 08.2018
Chartered Accountant -
Institute of Chartered Accountant of India
01.2010 - 05.2013
Article Assistant
P.L.Tandon & Co
07.2008 - 01.2013