Dixit Kumar

• Engage with SABE Functional teams, Operational Excellence
• SOX, PWC and IAG teams for control testing &
• Execution, Internal and External Audit support
• Drive robust risk management through risk assessment, highlighting opportunities and initiating changes to enhance
• Controls and monitoring & ensuring controls effectiveness
• Manage operational Risk events: End to end ORE management, developing robust action plan to mitigate risk and
• Ensure timely closure
• Manage PRSA refresh annual activity with meeting all the incentive COE teams SPOCS band 35s and Risk
• Assessment questionnaire filled separately and then consolidating for all 6 BU's
• Successfully closure of PRSA testing from last two years within given timelines for approx
• 10+ teams
• Delivering project within defined timelines and SLA
• Liaising with the Risk Management Group, as well as internal and external auditors, to assist with the continual
• Improvement of the risk management framework, ensure proper alignment and documentation of any gaps identified
• During the validation process
• Working on clearly communicate operational risk requirements and working proactively with management to
• Implement
• I am able to handle multiple work streams and adhoc tasks simultaneously without close supervision

Corporate Controllership – Financial Accounting & Close

• Executed the Breakage revenue & Discount revenue, processes for prepaid products like Gift cards, Reloadable cards &
• Traveller's check for US, CAD & JAPAN markets and booked the correct manual journal entries in ledgers for three
• Years
• Executed Exhibit B monthly settlement process payout to InComm for app.4 Years very smoothly
• Total payment made to
• InComm -$549M ($520M from P&L & $29M from B/S) till May'2022 without any further delay or escalations
• Calculated & posted the manual journal entries of AXP breakage revenue for gift card & Traveller's check on basis of
• Sales in US, Canada & Japan region
• Posted month end entries in Oracle to create an accrual for payment to third party vendor along with clearing various
• Balance sheet open items on WD+3 month close
• Provided support for FCCA, FX and other Financial Accounting & Close activities by working closely with multiple
• Stakeholders across Finance and technology
• Compilation of reports obtained from different teams along with self-extraction of some reports to calculate the monthly
• Payout to third party vendor for the managing of AMEX prepaid business
• Leading the call with stakeholders to explain the calculation in report basis input received by 40 sources
• Extracted the reports from OBIEE, MSTR & Smart view on monthly basis for preparing the data for all the stakeholders
• Reconciliation of General Ledger balances with different reports, identification of variance and reaching out to
• Technologies or respective teams for the reason
• Learned & executed the Conversion Revenue, FCCA, AEEML & FX activity from last one year independently and
• Smoothly App
• Executed the 300+ Automated Journal Rules for these processes
• I have prepared trend analysis of different items to ensure out of trend items do not go unnoticed and presented in a
• Meeting with the leadership team
• Close coordination with payments team to ensure the payments are released to third party vendor timely as per
• Agreements
• I also maintain high accuracy and productivity standards with eye for details
• Ensuring Control & Compliance
• Posting true up entry to ensure accounting is tied up with the payments amount released to vendor
• Created a formula-based reconciliation sheet for AMEX General Ledger and EGDW (Third party calculation sheet)
• Report items to validation & ensure that the accurate number will be presented to third party in settlement report

Global Record To Report - Finance Operations

• (Reporting & Reconciliation of prepaid business of AMEX)
• Job Description:
• Liaoning with client manager teams, customers and other finance teams to provide exposure reports, analyzing sales
• Trend and preparing underpaid data and providing recommendations to minimize cycle time to reconcile
• Processing accrual JEs in Oracle for settlement amount paid to third party
• Created a macro & formula based sheet to collate the amount from different sources and converting into one settlement
• Amount
• Periodic review and updating the SOPS for Prepaid Business on Knowledge Center
• Presentation of statically analyzed data with various MS Office tools like PPT, Graphs, flow charts, data comparisons etc
• Submission of critical reports such as Daily, Weekly & monthly MIS, Potential write off, reconciliation controls, Trouble
• Tickets status etc
• Knowledge of Oracle, FIS, Micro Strategy, Express Pass and Sales force
• Providing customer assistance as per SLA to selling partners for inventory control, Customer Disputes (Direct & Indirect)
• Bank Account Information, settlement question/issues & various other services
• Improve the process effectiveness by involving in critical project of streamlining the reconciliation process of Retails
• Partner's accounts across the US market
• Identified problem areas which were hampering smooth reconciliation of the
• Accounts
• Required imperative RCA (Root Cause Analysis), follow ups and extensive research to ensure proper
• Functioning of account
• Support the SOX & IAG Audit on regular basis
• Maintaining close contact with client managers / business partners, technology teams and other external parties to
• Standardize and smoothen the reconciliation process
• Responsible for Training & mentoring new joinees on prepaid reconciliation and imparting system knowledge on tools
• Such as Legacy, Sales force, FIS (FR&A), SMART, Customer Service Application etc

Client: Sears Holdings Corporation (SHC) (www.Searshc.com)

• Auditing invoice processed by team in order to avoid duplicate payments
• Handling daily operations in Audit Recovery (Filing claims on Potential Duplicates, accounting etc)
• Month end activities (Filing claims on overcharge items, Handling on Freight, Sales Tax, Source Quantity Claims
• Execution of claims on month end manual reports)
• Consistent Follow ups with Food Vendors for getting their approvals for deductions from their accounts
• Update weekly productivity of the team in software & maintain dashboard
• Handling of ad-hoc queries received from the vendors and stores
• Engaged in stabilizing process needs and new team members training for smooth operation
• Make SOP's for new activities and approved them by client
• Reviewing of Sales Based agreements for Sears
• Solving employee queries and processing Accounts Payable invoices with a TAT (Turnaround Time) of 48 hours
• Worked on Citrix Mainframe, IPS (Invoice Processing System), CSI (Centralised System Of Invoicing), SHC Merchant
• Workbench and Vat Agreements
• Identify over payments and under-recovery of credits due