Summary
Overview
Work History
Education
Skills
Project Highlights
Timeline
Generic

Ankit Chamoli

New Delhi

Summary

Forward-thinking Assistant Manager or Senior Accounting Professional excited to bring 7+years of experience to growing organization. History working as part of financial team to manage diverse financial functions like Intercompany, Month End closing, reporting, Balance sheets reconciliation, OTC- Cash Apps , European VAT reporting. Expert in improving internal controls, standards, and processes.

Overview

7
7
years of professional experience

Work History

Assistant Manager

IBM
08.2022 - Current
  • Part of process transition and facilitated successful transition of critical onshore operations from Poland and Belgium to India offshore teams remotely.
  • Coordinated with Transition Manager and Delivery Executive for efforts of resources to complete assignments during transition.
  • Financial Reporting and European VAT reporting responsibilities for 3 business units. (Healthcare IT, Imaging & Graphics and Offset solution).
  • Directly oversee team members in VAT and Month end reporting.
  • Handling and completing P&L reporting and ensuring that Period end close activity like Period Management, AP AR and GL revaluation , Regrouping etc. will be done correctly and on timely manner.
  • Prepare tax sheet in Tagetik reporting and then do provision posting for Corporate Income tax on quarterly basis and also fill income tax forecast figures received from Deloitte in reporting for Healthcare IT business unit.
  • Support Intercompany daily operation and provide support to PTP to reconcile and aged accounts payable items and balances with Vendors.
  • Prepare VAT, European sales listing and Intrastat for different European countries in scope according to rules and regulations of that country.
  • Managed and submission of VAT returns for European countries in scope, resulting in 100% compliance rate.
  • Conducted VAT reviews , handing queries from tax office and working as VAT specialist for offset solution unit.
  • Handling governance meeting among Regional lead for Month end close & reporting and VAT & Tax Manager for discussing and providing update to different topics related to their area.

SME

Accenture
05.2020 - 08.2022
  • Part of the process transition and facilitated a successful transition of critical onshore operations to offshore teams remotely.
  • Spearheaded the seamless transition of legacy systems to SAP S4 hana ERP.
  • Verified cash flow and electronic transactions from customer to General Ledger.
  • Provide PTP support to reconcile and aged accounts payable items and balances with Vendors.
  • Reconciled account information and reported figures in general ledger by comparing to bank account statement each month.
  • Prepare AR statement and submit it to the IC Netting team and then clear the invoice once netting payment received.
  • Updated and implemented the monthly intercompany transfers and prepare Intercompany reconciliation.
  • Issue IC form and IC confirmation for recharges or expenses paid for other entities.
  • Ensuring and Completing month-end financial close, Quarterly close and year end close and HFM reporting with nearly 100% accuracy.
  • Coordinate among IC Local or Regional Process lead and Accountant for several related topics.



Analyst

Wipro
11.2016 - 04.2020
  • Reported financial data and updated financial records in ledgers and journals.
  • Handling Issues related to Participant's account & Monthly reconciliation Reports needed by end clients
  • Monitoring of Client Funding receipt and daily cash position. Trending and analysis of cash activities.
  • Research on the outages found in the ledger and reconciliation and get them uploaded manually through mainframe or by contacting UMB bank.
  • Recognizing Revenue of the company for the consultancy provided to the clients & sending Invoices to clients. Following up with client for payment and maintaining records of payment receivables.
  • Investigated and resolved internal accounting variances to keep records current.
  • Reconcile company accounts, including AR and intercompany.
  • Training of new hires with required Skill Sets to Perform as per the Organizational & Client's requirements.

Education

Bachelor of Commerce - Accounting

CCS University
Meerut, India
07.2014

Skills

  • Team leadership & development
  • European VAT
  • Month end closing & Reporting
  • Account Reconciliation
  • Customer relations
  • Intercompany accounting
  • OTC- Cash App
  • Microsoft Excel
  • VBA Macro
  • Tagetik
  • SharePoint
  • SAP
  • SharePoint
  • Blackline

Project Highlights

Accenture:


UAC Reporting Automation

Developed UAC macro, which automatically create, format UAC report and prepare the end result like ageing days, ageing bucket and represent data company code wise.


CAA Advisor tool

Part of the CAA project as Process SME and POC. It was a analytics solution that automatically ingest, reads and extracts payment from bank statement  and used Artificial Intelligence (AI) and Robotic Process Automation (RPA) for posting IC and AR open items.


IBM:


Offset Solution VAT Macro

Developed VAT formatting macro, which automatically Seprate and format the all the transaction fetch from SAP in Input and Output transaction.

Timeline

Assistant Manager

IBM
08.2022 - Current

SME

Accenture
05.2020 - 08.2022

Analyst

Wipro
11.2016 - 04.2020

Bachelor of Commerce - Accounting

CCS University

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