Summary
Overview
Work History
Education
Skills
Additional Information
Software
Timeline
Generic

AKASH Kumar

I am an Mcom Professional having 9 years of experience in field of finance and Accounts (R2R) Domain.
New Delhi

Summary

An Mcom Professional having 9 years of experience in field of finance and Accounts. I am currently associated with EXL Services India (P) Ltd. as an Assistant Manager (Promotion due to LAM) in R2R team. In these 9 years, I have worked with different companies on different roles/Profiles. I have worked in General Ledger (R2R), Fixed Assets & Project Accounting, Financial & Management Reporting, Financial Analysis.

Overview

10
10
years of professional experience
2
2
Languages

Work History

Assistant Manager

EXL Service
02.2023 - Current
  • Supervised day-to-day operations to meet performance, quality and service expectations.
  • Improved customer satisfaction by addressing and resolving complaints promptly.
  • Developed strong working relationships with staff, fostering a positive work environment.
  • Promoted teamwork within the workplace by encouraging collaboration among staff members on various project tasks.
  • Preparing various re-classes, deferrals, amortizations and accruals journal to post to GL in Ciranet on Monthly basis.
  • Month end Closing & reporting activities starting from WD-2 & ends till wd+6.
  • Ensuring all expenses/Revenue booked correctly in respective CC/PC, Accounts and months per expectation.
  • Research on Open aged items and get them cleared following up with the concerned person/team.
  • Balance sheet accounts reconciliations and Providing commentary reports for the movement of account balances.
  • Preparing JE Checklist after period close to ensure all the entries are posted to GL without miss.
  • Reconciling BS Accounts in Excel as well as Black line Tool in accordance with the set company policies.
  • Handling ad-hoc queries from Global region and resolving on time.
  • Leading Weekly client call on process updates, process health check & for any changes if needed.
  • Updating and revising SOPs on a quarterly frequency to incorporate every exception in SOP.
  • Preparing Backups & proper documentation for SOX compliance.
  • Ensuring and building synergies with other teams e.g. Cost Center Owners, Business Partners & stakeholders.
  • Resolving work related issues within team to ensure deliverables do not miss.

Senior Process Associate

Tata Consultancy Services (P) Ltd.
09.2021 - 02.2023
  • Met month-end reporting objectives and deadlines.
  • Identified modifications to processes and procedures that would promote better efficiency.
  • Supervised team of process associates to enhance accountability, develop professional skills and improve efficiency.
  • Increased customer satisfaction by promptly addressing concerns and providing effective solutions tailored to their needs.
  • Preparing & posting month end journals including Accruals & Deferrals.
  • Responsible for Record to Report including timely submission of all reconciliations, Consolidations and reports through E-Recon Application with detailed commentary for the balance movement.
  • Timely and accurate preparation, processing and approval of Manual Journal Entries (MJE).
  • Review and approve MJE and Daily/Monthly GL Reconciliation Statement with required supporting Documents.
  • Perform month end closing and reporting work, including General Ledger research and reporting.
  • Variance & Trend analysis for expense & revenue accounts for Budgeting purpose.
  • Assisting the Onshore counterpart in preparation of Annual budget by closely working with other teams.
  • Deep diving analyses of data and assist in Forecasting preparation.
  • Support and assist both internal and external auditors during the audits with required information.
  • Preparation of Ageing report for the outstanding items than 2 months and clear them within the time frame.
  • Preparation of Monthly Write Off summary and get it approved by onshore manager.
  • Preparation of Monthly MIS Reporting to onshore management.

Process Developer

Genpact India (P) LTD
07.2018 - 06.2021
  • Developed new processes for increased production capacity and improved product quality.
  • Prioritized secure handling of sensitive customer information within processes, minimizing potential liability issues by proactively managing risk.
  • Successfully done US remote transition and provide training to team members.
  • Ensuring the smooth delivery of RTA function- General accounting, Intercompany and financial reporting.
  • Prepare Month-end Journal entries for prepaid, accruals and re-class.
  • End to End preparation of process, flow charts, DTP and other documentations.
  • Preparation reconciliations of GL Accounts.
  • Follow up with PTP and OTC team regarding opens lines.
  • Pass adjustment entries to knock off the open lines if necessary.
  • Prepare all reconciliation on Backline.
  • Preparation and posting of monthly Journal entries and accruals.
  • Prepare monthly balance sheet reconciliations (GL, IC accounts).
  • Prepare the control summary, issue summary and movement summary for Balance sheet accounts and provide the plan to mitigate the issue.
  • Preparing accrual for expenses/revenue.
  • Responsible for ensuring smooth processing of monthly activities and documentation.
  • Creating 180+ day’s reserve (Amex policy) at month end against outstanding AR.
  • Preparing Dash Board presentation of AR Process and sending to Market (VP. Lead) and Senior leaders.

Junior Accountant

KS Enterprises.
08.2015 - 05.2018
  • Prepared journal entries and entered into system.
  • Prepared bank reconciliations on a monthly basis to identify potential discrepancies between company records and bank statements.
  • Assisted with preparation of monthly financial statements.
  • Reconciled month-end totals for timely and accurate reporting of financial information.
  • Preparation and booking of GRNI (Goods Received and not Invoiced) Accrual for the invoices not recorded in the AP module.
  • Sending Dunning Letters to our Clients for outstanding invoices and regular calls with Client General Manger for the outstanding AR.
  • Creating 180+ days reserve at month end against outstanding AR.
  • Preparing AR &AP Rec's and sending to inter-departmental team each month.
  • Follow up with the market for reconciled open items.
  • Month End Analysis, Query resolution.
  • Root Cause Analysis of Unreconciled items and discussing the same with the respective controllers.
  • Responsible for supporting the Internal / External audits.
  • Sending all the invoicing to the CGM and Clients.

Education

Master of Commerce - Commerce

Indira Gandhi National Open University
New Delhi, India
04.2001 -

Bachelor of Commerce - Commerce

University of Delhi
Delhi, India
04.2001 -

Intermediate Certificate - Commerce

PCRSBV
Delhi, India
04.2001 -

High School -

PCRSBV
Delhi, India
04.2001 -

Skills

  • Strong analytical & organizational abilities with adeptness in formulating accounting systems, preparing accounting records & financial statements
  • Hard working and willing to take new responsibilities and respond to it with good initiative
  • Responsible, Dedicated, Honest and Self-Motivated to Work
  • Achievement oriented with high energy & polite attitude
  • Work effectively with diverse groups of people
  • Endowed with excellent communication and inter-personal skills, leadership qualities, unfailing spirit to grow and excel in all the assignments

Additional Information

Other Skills

  • Presentation Skills & Training Skills.
  • Responsible, Dedicated, Honest and Self-Motivated to Work.
  • Achievement oriented with high energy & polite attitude.
  • Hard working and willing to take new responsibilities and responds to it with good initiative.
  • Have successfully done 3 US Remote transitions.

Software

MS Excel, Power point, word, SAP, Win shuttle, Backline, Cadency, AP41, Tally Erp9, Busy, Out-Look, MS-Access, Ciranet etc

Timeline

Assistant Manager

EXL Service
02.2023 - Current

Senior Process Associate

Tata Consultancy Services (P) Ltd.
09.2021 - 02.2023

Process Developer

Genpact India (P) LTD
07.2018 - 06.2021

Junior Accountant

KS Enterprises.
08.2015 - 05.2018

Master of Commerce - Commerce

Indira Gandhi National Open University
04.2001 -

Bachelor of Commerce - Commerce

University of Delhi
04.2001 -

Intermediate Certificate - Commerce

PCRSBV
04.2001 -

High School -

PCRSBV
04.2001 -

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AKASH KumarI am an Mcom Professional having 9 years of experience in field of finance and Accounts (R2R) Domain.