Akash Khandal
Jaipur
Summary
PROFILE SUMMARY:
Chartered Accountant with approximate 2+ years work experience in the field of Revenue Assurance (Business
Finance) looking for an opportunity to obtain a strong knowledge foundation and to enhance my professional
expertise at your esteemed organization.
Overview
7
7
years of professional experience
Work History
Project Budget Specialist
IDInsight India Private Limited
01.2024 - Current
- Revenue accounting as per IFRS 15 & tracking variances between budget and the actuals.
Senior Associate
INFOSYS LTD
07.2023 - 01.2024
Associate Finance
11.2021 - 06.2023
- Decided revenue logic for contracts based on IFRS 15; 5 step model; fair valuation using rack rates to divide transaction value for different tracks in contracts
- Supervising revenue recognition basis contract covenant & accounting policies (IFRS 15)
- Tracking Revenue, billing, other clauses for discount, SLA, Innovation Funds, etc
- For customer contracts
- Revenue budgeting and forecasting, monthly / quarterly book closure activity
- Variance Analysis Month on Month, Quarter on Quarter between actuals against the budgeted
- Risk checks on revenue – analyzing SOW and MSA risk and taking steps to reduce the risk
- Forecasting correct revenue estimates and month on month analysis of revenue and providing for applicable discount impacting revenue and ensuring pay-outs to client
- Evaluation and analysis of implications of IFRS 16, passing the necessary entries for leasing deals
- Periodic and ad hoc analysis on the financial and operational performance of the unit, preparation of MIS and reporting the same to senior management
- Analyzing projects having high unbilled and high ageing
- Working with delivery/ sales to ensure risk is mitigated and making provisions wherever necessary
- Working closely with IS team on automation and enhancements of internal processes to help save time and bring accuracy in the work
- Handling portfolio of ~$240Mn revenue of Infosys customers belonging to Services, Utilities, Resources, Energy
- Communications, Media and Technology sector
- Day on day support to delivery partners for revenue recognition queries and Revenue related consultancy
- Org level SPOC for Revenue at Risk (RAR) and researched in automation of the RAR file which will reduce the quarter end closure timeline & for Unbilled files and reclassification of Unbilled for balance sheet reporting
- Article-ship at Rajvanshi & Associates Chartered Accountants Jaipur from 19
08.2017 - 01.2018
- Tracing of Assets & Debtors Mapping
- Bank Statement Analysis, Cash Flow Diversion & Inventory Reduction Trends
- Credit Misappropriation & Investigate Siphoning of funds
- Forensic Review of specific transactions
- Due Diligence Audit: -
- Review of compliance of law & Financial Statements
- Calculation of Cut & Make Cost
- Physical verification of Stock, Assets & Premises
- Statutory Audit: -
- Reviewed transactions, documents, records, policies and procedures
- Review of Compliance with Schedule III, Accounting Standards And C&AG directions
- Preparation of Audit report and CARO report
- Tax Audit: -
- Checking compliance while preparing various tax audit reports & SFT filing
- Compliance of RBI Guidelines, Provisioning requirement and NPA Classification
- Checking compliance of various attributes towards company like GST, ESI, PF Etc
- Other Assignments: -
- Handled demand of Rs
- 2 Crores pertaining to TDS of National Highway Authority of India PIU
- Jaipur
- Stock audit of C&F agent of Intas Pharmaceuticals Limited & Rajasthan State Beverages
- Corporation Limited (RSBCL) including all checking of compliances of various laws applicable to that
- Valuation of many companies using DCF Method and NAV Method, Project Funding
- Reports, CMA Data
- Preparation of form 10E
- Filing of Goods & Service Tax Act
- Annual Return (GSTR9) & Reconciliation statement (GST9C) of various corporate clients, NBFC, individuals and etc.
Education
1998
CA-Final Institute of Chartered
Accountants of India
S.S -
Jain Subodh PG College
Business Studies & 92 - Accounts
CA
B. Com -
University of Rajasthan
2018
XII -
Central Board
2015
Skills
- Working knowledge in
- MS (Word, Excel and PowerPoint), SAP, Data Analyst & Power BI
- Working knowledge of accounting software such as Tally, BUSY and other customized software
- Problem solving, content writing, analytical thinking, proficient communication skills and conceptual
- Understanding
- Extra-Curricular Activities and Achievements:
- Presentations on various technical topics at the Article Meetings held at the firm
- Actively provided impacts in various other co-curricular and inter school competitions such as cultural events
- Awarded Insta award Twice in a row for outstanding performance in Infosys Ltd
- Personal Details:
- Father’s Name: Rajendra Kumar Sharma
- Mother’s Name: Lalita Sharma
- Date of Birth:
- November 21st
Languages
Timeline
Project Budget Specialist
IDInsight India Private Limited
01.2024 - Current
Senior Associate
INFOSYS LTD
07.2023 - 01.2024
Associate Finance
11.2021 - 06.2023
08.2017 - 01.2018
CA-Final Institute of Chartered
Accountants of India
S.S -
Jain Subodh PG College
Business Studies & 92 - Accounts
CA
B. Com -
University of Rajasthan
XII -
Central Board
Similar Profiles
INDRANIL SENGUPTAINDRANIL SENGUPTA
Tax Manager at RSM US Integrated Services India Private Limited (formerly Known as RSM Delivery Center (India) Private LimitedTax Manager at RSM US Integrated Services India Private Limited (formerly Known as RSM Delivery Center (India) Private Limited
Vasuda KrishnamurthyVasuda Krishnamurthy
Financial Analyst at EMC SOFTWARE AND SERVICES INDIA PRIVATE LIMITED/Dell, Technologies India Private LimitedFinancial Analyst at EMC SOFTWARE AND SERVICES INDIA PRIVATE LIMITED/Dell, Technologies India Private Limited
SHIVAPRASAD K PSHIVAPRASAD K P
Finance Executive at AIX Connect India Private Limited (Formerly Known as Airasia India Private Limited)Finance Executive at AIX Connect India Private Limited (Formerly Known as Airasia India Private Limited)
Kriti PrasadKriti Prasad
Financial Reporting Intern at DMI FinanceFinancial Reporting Intern at DMI Finance
Neeraj MedatwalNeeraj Medatwal
Assistant Manager at Au Small Finance BankAssistant Manager at Au Small Finance Bank