Chhavi Singh

• Responsible for managing financial planning, accounting and reporting for Cost of Sales (RevEx) for EE Indirect (franchise operated) business
• Awarded with top performance rating (''Brilliant'') and received several accolades, mainly around bringing out P&L opportunities resulting in upside of £6m, successfully closing several issues and streamlining processes/ reports
• Also Involved in Finance Transformation projects, role transitions from onshore, learning and development projects
• Tasks/ responsibilities include:
• Managing and preparing month end flash reports and performing first line variance analysis to help explain financial performance of business unit
• Collaboration with Commercial Finance/ FBPs for finalizing outlook and drill-down of budgets/forecasts for detailed understanding of financial results
• Tracking working capital of the unit, providing detailed analysis on movements and preparing working capital outlook for coming months/ years
• Ensuring accounting compliant with IFRS framework, including preparation/ assisting in validation and processing of adjustment journals for period with supporting computations
• IFRS 15 based accounting, including identification of recognition milestones and developing, operating and maintaining models for calculating monthly unwind and deferrals
• Ensuring integrity of financial results, substantiating/attesting balance sheet items and highlighting risks/opportunities
• Ensuring, documenting and attesting compliance with SOX standards/ controls framework
• Facilitating the internal and external audits
• Assisting statutory reporting teams by collating and providing required information for statutory returns
• Preparing and presenting financial / management reports to Finance Directors.

• Responsible for Legal Entity Control for multiple retail banking product portfolios (current and saving accounts, overdrafts, debit cards, etc)
• Tasks/ responsibilities included:
• Periodic close activities in compliance with IFRS : posting adjustments such as accruals, provisions and prepayments as well as identification and corrections for source system deficiencies
• Ensuring classification and impairment for financial instruments in accordance with IFRS 9 and preparing packs to support/ explain the accounting treatment
• Prepare and review periodic financial statements and management reports in accordance with IFRS
• Conducting monthly review and variance analysis with respect to financial results, investigating and providing explanations for fluctuations in financial results against outlook and prior periods
• Substantiation and attestation of balances including flagging of risks and opportunities identified along with detailed reasons
• Ensuring compliance with SOX control framework, internal policies and regulatory requirements
• Coordinating with external/ internal auditors and regulatory reporting functions, providing necessary documentation and responses
• Streamlining accounting and financial reporting processes to improve operational efficiency and accuracy
• Performing deep dive analysis at source system level for identified issues
• Analyzing and reporting financial impact and accounting implications for new or changing products or discontinuance of existing products and advising/assisting in the process of initial setup of sub- ledgers and SAP attribute mappings.

• Worked as "Assistant Manager" with ASA & Associates LLP and handled accounting and taxation compliances of multinational corporates, which encompassed the below:

Accounting (Indian GAAP), controllership and management reporting:

• Complete review of accounting, facilitation of monthly closing and MIS preparation
• Preparation of annual financial statements and coordination for statutory audits
• Periodic reconciliations of inter-company balances and external parties
• Periodic segment wise cost /variance analysis and financial statements
• Maintaining and reconciling records of fixed assets and inventories
• Control and overview of Accounts Payable, Receivable and Cash Management processes and ensuring adherence to internal financial/accounting policies and procedures

Taxation Compliances (Direct and Indirect):

• Preparation and filing of Tax Returns, including revisions and rectifications wherever necessary
• Periodic tax computations and remittances
• Facilitation of tax audits
• Advisory on tax related matters such as local and international tax with-holding compliances and input credit availment
• Drafting responses to notices and liaising with tax department whenever necessary

• Independently handled assignments of project reporting which entailed preparation of projected financial reports for 3 to 10 years for seeking funding.
• Handled assignments of project reporting which entailed preparation of projected financial reports for 3 to 10 years for seeking funding.

• Underwent Articleship of three years with Awadhesh Anurag Jai & Associates
• Independently handled various assignments across the areas of direct and indirect taxation, auditing, financial reporting, project reporting, etc.