Amit Kumar Jha

• Responsible for timely completion of activities in the Record-to-Report (RTR) function.
• Managed the month-end close process to ensure timely completion of all deliverables.
• Prepared monthly financial MIS reports with detailed variance analysis & commentaries for monthly presentations.
• Collaborated with Corporate HRBP for payroll entries posting and reconciliation.
• Conducted monthly review of balance sheet reconciliations and implemented necessary corrective measures.
• Complied with established internal control policies.
• Managed successful audits by collaborating effectively with internal and external auditors.
• Facilitated the preparation and provided assistance for Monthly KPI Key Metrics related to the GL process.
• Led coordination in preparing budgets and financial forecasts.
• Conducted annual performance appraisals and facilitated goal-setting sessions for staff.
• Facilitated seamless transition and migration of activities at the entity level.

Accomplishments:

• Simplified the process for reporting Fixed Assets by implementing checks and controls that facilitated the faster month-end closing and audit procedures
• Improved the reconciliation process between inter-company transactions resulted into reduction of counterparty queries by approximately 90%.

• Prepared month-end journal entries and reconciliations.
• Maintained fixed asset records and depreciation schedules.
• Reconciled books in accordance with US GAAP and IGAAP standards.
• Assisted in quarterly forecast and annual planning file with detailed commentaries.
• Tracked funds, prepared deposits and reconciled accounts.
• Reviewed monthly withholding tax liability data.
• Prepared working papers for GSTR-1 & 3B return.
• Managed both internal and statutory audits.

• Prepared month-end journal entries, including accruals, deferrals, and adjustments.
• Prepared balance sheet reconciliations.
• Managed internal and external audits.

• Facilitated the migration and establishment of India Withholding Tax compliance procedures.
• Advised on the applicability of Withholding Tax on vendor's invoices for India Amazon entities.
• Ensured accurate computation of monthly Withholding Tax and timely payment submission.
• Managed the review and completion of quarterly Withholding Tax returns.
• Conducted reconciliation of Profit & Loss (P&L) and Balance Sheet General Ledgers (GLs) with tax return documents.
• Reviewed and filed Equalization Levy returns accurately and in a timely manner.
• Successfully managed and led tax audits in compliance with the Income Tax Act.
• Managed and addressed tax notices received from the Income Tax department.
• Collaborated with external advisors and consultants as needed.
• Maintained accurate documentation for future reviews and audits.
• Established and maintained current Standard Operating Procedures (SOPs) for all assigned deliverables.
• Participated in the annual employee appraisal process to assess performance and provide feedback.

Accomplishments:

• Developed an automated process for reconciling General Ledger (GL) data with Tax Return information.
• This resulted in a significant time-saving of 4 months and reduced the equivalent workload by 0.5 Full-Time Equivalent (FTE).
• Successfully identified and addressed potential tax disallowance of INR 3396mn ($47mn) during the tax audit for FY 17-18.

• Conducted thorough review of capitalization and expense entries for accuracy and compliance.
• Responsible for handling month-end reconciliation activities.
• Prepared Management Information System (MIS) reports on various tax payments and returns filed.
• Performed monthly computation of Withholding Tax liability and ensured timely payment.
• Managed quarterly filing of Withholding Tax return and ensured timely issuance of Form 16A.
• Successfully managed and led tax audits in compliance with the Income Tax Act.
• Managed monthly computation of Maharashtra & Goa VAT/CST/Entry tax liability and ensured timely payment.
• Managed the filing of VAT/CST/WCT, TDS, and Entry Tax returns for Maharashtra and Goa in collaboration with external consultants.
• Arranged C & F form under CST Act to ensure compliance with regulations and facilitate seamless operations.
• Managed and resolved tax notices in collaboration with external tax advisors.

Accomplishments:

• Managed and successfully closed the Withholding Tax Health Check Audit for seven financial years.

• Confirmed tax rates to ensure accurate generation of invoices.
• Managed inventory accounting and reporting processes.
• Proficient in managing accounts receivable, including invoice booking in SAP, cash application, and monitoring debtors' aging.
• Conducted detailed bank reconciliation to ensure accuracy of financial records.
• Effectively resolved vendor payment queries to ensure timely payments.
• Prepared and posted month-close journal entries.
• Reconciled books in compliance with both US and India GAAP standards to ensure accurate financial reporting.
• Prepared schedules and reconciliations for annual accounts to facilitate the finalization process.
• Responsible for managing and ensuring compliance with ROC regulations.

• Managed the revenue recognition process and efficiently created invoices using SAP.
• Ensured accurate and timely billing for services rendered.
• Applied cash receipts to customer accounts within the agreed Service Level Agreement (SLA).
• Prepared and analyzed a weekly accounts receivable report.
• Compiled a monthly actual and projected billing summary report.
• Prepared a Forex report illustrating the impact of monthly currency fluctuations on seat charges for India and the Philippines.
• Collaborated with the controllership team to ensure accurate month-end accrual entries.
• Conducted variance analysis between actual results and forecasts.
• Presented monthly project financials and analysis to the US finance team.
• Assisted the Business Unit (BU) in pricing decisions.