Ankit Kumar Shetty
Aptiv
Bengaluru,KA
3
Languages
10
years of professional experience
Finance professional with 10+ years of experience across Record-to-Report (R2R), General Ledger, FP&A, month-end close, reconciliations, intercompany accounting, financial reporting and budgeting. Currently working as a Senior Finance Executive at Aptiv, with strong exposure to R2R (60%) and FP&A (40%) within the automotive/manufacturing industry.
Experienced in managing 100+ journal entries per month, 50+ balance-sheet accounts, 4–5 legal entities and month-end close within 4 days. Strong hands-on knowledge of SAP, GL accounting, accruals, provisions, GR/IR, FX revaluation, intercompany transactions, fixed assets and financial reporting
Work History
Senior Executive Finance
3 Years 8 Months- Oversaw end-to-end R2R activities, including journal entries, GL accounting, account reconciliations, accruals, provisions, intercompany accounting, and month-end close, ensuring accuracy and compliance.
- Handle approximately 100+ journal entries per month, ensuring accuracy, completeness and compliance with accounting policies.
- Perform reconciliation and review of approximately 50 balance-sheet accounts, investigate variances and drive timely resolution of reconciling items.
- Support accounting activities across 4–5 legal entities, ensuring accurate financial reporting and timely closing.
- Execute month-end close within 4 days, coordinating with cross-functional stakeholders to meet reporting timelines.
- Manage intercompany accounting and reconciliations, including identification and resolution of mismatches and open items.
- Perform foreign currency revaluation activities and analyses realized/unrealized FX impacts.
- Support fixed asset accounting, capitalization and depreciation activities in SAP.
- Prepare and analyse financial reports, balance-sheet schedules and P&L information to support management reporting.
- Contribute to FP&A activities including budgeting, forecasting and variance analysis, supporting a budget of approximately $500M.
- Support finance activities across 4 countries/business units, coordinating with stakeholders to ensure timely and accurate reporting.
- Support internal and external audit requirements by providing reconciliations, schedules, supporting documentation and explanations for financial movements.
Accountant Finance
8 Months- Managed R2R and FP&A activities, overseeing GL accounting, reconciliations, month-end close, and financial reporting to ensure compliance and accuracy.
- Prepared and posted recurring and manual journal entries, ensuring accurate accounting and appropriate supporting documentation.
- Performed balance-sheet reconciliations, analyzed variances and followed up on aged/open items.
- Supported month-end and year-end closing activities, including accruals, provisions and account analysis.
- Handled intercompany accounting and reconciliations, ensuring timely resolution of differences between entities.
- Supported budgeting, forecasting and variance analysis for management reporting.
- Prepared financial schedules and reports and supported audit and internal-control requirements.
Senior Process Associate
2 Years 4 Months- Supported Record-to-Report (R2R) process for UPS EMEA region, ensuring accurate financial reporting and compliance.
- Performed General Ledger accounting, journal entries, account reconciliations and month-end close activities.
- Prepared and posted recurring and manual journal entries in accordance with accounting policies and process controls.
- Performed balance-sheet and P&L account reconciliations, investigated variances and cleared aged items.
- Supported intercompany accounting and reconciliation activities across entities.
- Prepared month-end schedules and supported financial reporting and closing activities.
- Assisted with accruals, provisions and accounting adjustments during monthly and quarterly close.
- Worked with stakeholders across the EMEA region to resolve accounting discrepancies and meet close deadlines.
- Supported internal and external audit requirements through preparation of supporting schedules and documentation.
- Followed established SOX/internal-control requirements and process governance standards.
Account & Audit Assistant
3 Years 2 Months- Executed day-to-day accounting activities including journal entries, ledger maintenance, and bank and account reconciliations to ensure accuSupported preparation of financial statements, schedules, and accounting reports to provide timely insights for decision-making. and accounting reports.
- Supported GST, TDS and basic taxation-related accounting activities.
Assisted with audit assignments, verification of accounting records and preparation of supporting documentation. - Maintained books of accounts and supported month-end/year-end accounting activities for multiple clients.
- Developed strong foundational knowledge of Indian accounting practices, financial statements and general accounting principles.
Education
Bachelor of Commerce - Finance
Skills
Record to Report (R2R)
General Ledger (GL) Accounting
Month-End Closing
Journal Entries
Balance Sheet Reconciliation
Accruals & Provisions
Intercompany Accounting
Accruals and provisions
Fixed Asset Accounting
Financial analysis
Budgeting & Forecasting
Variance Analysis
SAP/Oracle/Blackline/Cadency
Additional Information
Automation Initiatives
- Host-to-Host (H2H) payment automation, eliminating manual effort for 100% of domestic payments and reducing manual effort for import payments by 40%.
- Automated CWIP capitalization reporting using Power BI, integrating data from 5–6 SAP reports into a single consolidated dashboard, reducing preparation time from 1 day to 30 minutes (~90% efficiency improvement) and minimizing manual data extraction and consolidation.
Languages
English
C2
Bilingual or Proficient
Kannada
C2
Bilingual or Proficient
Hindi
B2
Upper intermediate
Timeline
Senior Executive Finance
Aptiv
12.2022 - CurrentRead More
Accountant Finance
Aptean
12.2021 - 08.2022Read More
Senior Process Associate
Accenture
08.2019 - 12.2021Read More
Account & Audit Assistant
Kumara & Kumara CA Firm
06.2016 - 08.2019Read More
Nationa Degree College Basavangudi
Bachelor of Commerce from Finance
Read More