ARCHANA SINGH
Chennai
Summary
Finance graduate and a qualified CMA having around 8 years of experience in the full-fledged accounting, banking, and finance sector. Good exposure in month-end close, compliance, general ledger, reporting, intercompany, bank reconciliation, balance sheet reconciliations, along with transitions, with good working knowledge of SAP, IntelliMatch and Opics. A professional with many years of experience maintaining financial records and reviewing financial activity. Quick and accurate to meet strict deadlines and manage multiple tasks and technical skills.
Overview
15
15
years of professional experience
Work History
Financial Accountant
Wells Fargo International Solutions Pvt Ltd.
Chennai
11.2022 - Current
- Preparing a list of outstanding line items pending based on the Intellimatch data, and reporting the same to the management for clearing purposes
- Reporting any P&L clearing account is having a difference greater than the threshold limit.
- Preparation of FX checklist on daily basis to ensure al the FX GL accounts are in balance with each system and interfaced to the Iris Web.
- To ensure all out-of-balance conditions in the trial balance across all branches are reported.
- To identify all outstanding wire items in the general ledger account, and check if the current outstanding deal was settled or reversed by annotating the Wire line items in DDA and MTS wires account.
- Clearing the open pending line items pertains to suspense liability through the Intellimatch application by reconciling the wire items and FX contracts related to letters of credit due to banks, due from banks, and customer liabilities.
- Prepare the Option Forward Premium Report as a part of internal control by reconciling the FedEx Options, Forward Premium, and Live Premium Report.
- Preparation of Report 24 for the reconciliation of Forward Premium between CDBO and Opics.
- Prepares MTM Recon report as a part of internal control by reconciling Mark to market value against Calypso Trial Balance.
- Performing derivative cash reconciliation of each cash account balance between Moneyline and the broker statement that is specific to the client account.
- The trial balance and suspense GL having any outstanding balance need to send a report to the U.S. counterpart for further action.
- Reporting any P&L clearing account is having a difference greater than the threshold limit.
- Identifying all outstanding wire items in GL account & check if the corresponding deal was reversed or settling in future date. Need to provide annotation to the DDA and MTS wire open line items based on the Opics Plus data.
- Preparing the TIC-D report (Treasury International Capital Form D), which contains the details of settled deals on a weekly basis. This report serves as an internal control for auditing purposes.
- Providing the details regarding the deals through the Opics Plus application to the Global treasury Team and the external auditors.
- Ensuring all incoming and outgoing wires are properly recorded and processed accurately.
- Preparing the Daily FX Checklist of all the branches and share the same to US counterparts.
- To provide YTD balances of operational loss GLs and to notify them of any current period loss.
- To provide the details of any suppressed deal based on any ad-hoc request.
- Providing the details of the daily task list to the Management for monitoring purpose.
- Leading the call with the US counterpart for any process improvement-related activity.
- Reviewing and updating DTP as per current work process.
- Involved in the transition process of the above tasks from Manila to India.
Professional Finance & Administration Delivery
IBM
12.2018 - 11.2022
- Record Manual Journal Entries like accruals, pre-payments, provisions, true up, payroll, re-class standard etc. in SAP for the assigned entity with complete business transaction evidence
- Perform account reconciliation includes TP/AR recon, Bank recon, Working Capital recon, BSN Accounts recon etc.
- Responsible for my share related activities- Forfeited shares, vested shares, share in lieu of dividend, Trust recon, Reserve recon etc.
- Perform month end activities in accordance with the financial close schedule.
- Assessment cycle, Distribution cycle run, IO settlement
- Load SAP data -Trial balance (R6460 report) from BW to FDM, R6462
- Performing balance sheet reconciliation by using Blackline.
- Perform monthly MJE reporting under SOX compliance
- HFM management reporting after SAP book close.
- Regularizing HFM adjustment journals in SAP.
- Validation of SAP Trial balance in Oracle (HFM) and clear all the validation
- Respond to Email Queries & post accounting adjustment as required provide independent support for handling the internal / external audit data queries
- Preparation of SOX related documents
- Downloading financials reports from HFM (VAL_SUM_ORG, Book of Reports, VAL_SUM_C4, ISM, ISG reports etc.)
- Perform the month end balance sheet &P&L line items commentaries by identifying major drivers for the movement in balances -> Financial Statement Review Analysis
- Perform every month end Foreign Currency revaluation Analysis by providing commentaries by identifying major drivers for the movement in FX accounts balances
- Identify & drive process improvements & standardization activities
- Review of month end complex journal in accordance with the finance close schedules and ensuring the backups provided are appropriate & reasonable to support the journals
- Smooth Client Handling
- Preparation of MIS every month & take action accordingly.
- Assisted in driving the process improvement & standardization of activities.
- Preparation of Monthly / Quarterly / Annually Checklist (HFM, SAP month end closure etc.) & providing the signoff.
- Fixing HFM Validations in SAP
- Submission of monthly, half Yearly and Annul webforms in HFM
- Preparation of Debrief packs and presenting the same to the clients
- Preparation of FDM adjustments & loading the same in FDM to clear the HFM validations
- Processed Manual Journals in SAP
- Clearing of open GL items in SAP every month
- Performing and fixing inter-company (ICP) mismatches in SAP, and followed up the same with the counterpart to fix the mismatches.
- Conducting Pre and Post month end call to discuss the SLA metrics and debrief.
- Setting Assessment cycle for the period and perform monthly cycle run.
- Perform the TB Review before SAP Book close and find out if any major difference is there.
- Preparing the aging report of GL, which is affecting the entity scorecard, and taking necessary steps for its early clearing.
Transaction Processing Analyst
Accenture Solutions Private Limited
05.2017 - 12.2018
- Preparation & processing of Journal voucher for accruals, prepayments, re-classification & rectification
- Processed posting of ad Hoc Journals to report (as per SME's request)
- Monthly compensation analysis & comments on reservation for variance
- Recharges cost transfer, inter-company & intra-company
- Revenue reconciliation & revenue analysis for month-on-month variance & posting reason on fluctuations for the same.
- Supporting the management in terms of automation from giving the inputs required for automation helping resources to use the automation tool & consolidating the outputs.
- Handled client queries and calls
- Performed deferred revenue transfers, Prepaid cost and cost accruals accounting monthly after analysis.
- Prepared Profit & Loss A/C on monthly basis and by analyzing the variance cause and reporting it to the SME's
- Examined, performed, and analyzed the balance sheet on a monthly basis, along with backups, and completed the balance sheet cleanup.
- Managing & Handling On-shore / Off-shore clients
- Appraisals & recognitions for BEST PERFORMER from clients as well as from organization
Cost Accountant Trainee
Bharat Heavy Electricals Limited
08.2010 - 08.2012
- Worked with BHARAT HEAVY ELECTRICALS LIMITED, BHOPAL as a Cost Accountant Trainee as per the requirements of The Institute of Cost and Management Accountants of India in Finance Department.
- Preparation Of Bank Reconciliation Statements
- Preparation Of Admitted Bank accounts Reconciliation Statements
- Maintained books of accounts efficiently
- Preparation Of Journals, Ledger Accounts and Trial Balance
- Assist Senior Accountant in Preparation and Finalization Of Financial Statements
- Preparation of Cash flow Statement
- Passing of P.F. Loans
- Filing E.P.F Nominations
Education
ICWAI -
Institute of Cost And Work Accountants of India
Bhopal India06-2014
M.COM - Accounts
Barkatullah University Bhopal
Bhopal03-2011
B.COM -
Barkatullah University Bhopal
Bhopal05-2009
HSSC -
CBSE
04.2006
SSLC -
CBSE
04.2004
Skills
- Intellimatch
- OPICS plus
- IRIS WEB
- SAP FICO
- BW & FDM
- HFM
- Lawson-ERP
- MS Office (Excel, PowerPoint, Word)
Hobbies and Interests
- Cooking
- Travelling
- Netflix
- Music
- Social Work
Languages
- English
- Hindi
- Learning Tamil
Personal Information
- Husband's Name: S R Rama Krishna
- Date of Birth: 12/24/88
- Marital Status: Married
Disclaimer
- I hereby declare that all the above furnished information is true to the best of my knowledge and belief.
Timeline
Financial Accountant
Wells Fargo International Solutions Pvt Ltd.
11.2022 - Current
Professional Finance & Administration Delivery
IBM
12.2018 - 11.2022
Transaction Processing Analyst
Accenture Solutions Private Limited
05.2017 - 12.2018
Cost Accountant Trainee
Bharat Heavy Electricals Limited
08.2010 - 08.2012
ICWAI -
Institute of Cost And Work Accountants of India
M.COM - Accounts
Barkatullah University Bhopal
B.COM -
Barkatullah University Bhopal
HSSC -
CBSE
SSLC -
CBSE
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