GAURAV GUGLANI

• Serving as a R2R Manager in IHG and responsible for managing the Recon Hub Process
• Responsible for the transitions of Global Recons from different processes and sub-processes to Recon Hub Centralized team
• Successful Transition of Financial Reporting, O2P, O2C, AR, IC & Cash accounts (all regions: APAC, EMEA & AMER)
• Meeting with the different stakeholders to understand their process reconciliation flow for smooth transition
• FA & Leases reconciliation review as per IFRS-16
• Review of Revenue account reconciliations in accordance with IFRS-15
• Providing technical guidance and/ or training on applicable IFRS reconciliations (like IFRS 15 & 16)
• Created multiple innovative reporting/regular activities templates using macro and advance excel formulas, resulting in a 50% reduction in response time for the processing of client activities with better presentations.
• Worked with Sr Management closely to drive results and Identify opportunities for efficiency, and implement changes to financial planning, People Soft etc.
• Working on clearing the open items to ensure surprise free audits
• Mentoring the new joiners and provide process trainings
• Managing & Leading the team of TL, Analysts and Specialists
• Reviewing the Reconciliations in Peoplesoft
• Process Improvement ideas to reduce the reconciliation preparation timelines
• Reviewing the Monthly GL trends as per SOX compliances for all the EMEA accounts to determine risks and opportunities in budget and forecasts
• Addressing and reviewing Internal & External Audit / SOX queries.
• Reviewing and approving the JRFs for performing the system run amortization for prepaid and revenue accounts
• Regular update of Process SOPs to standardize the process

• Managed the complete Accounting Functions (AP, R2R & Taxation) for OS India & UK
• Acted as a primary business partner for India & UK to the leaders throughout the organization
• Lead a team of 8 professionals
• Prepared management accounts and budget-holder reports
• Review of monthly trends and variances analysis on Lucanet
• Creation and maintenance of annual budget for various departments
• Tracked expenses, ensuring spending remained within approved budgets.
• Coordinated smooth operation of monthly payroll with HR
• Maintained fiscal calendar for audit schedule, tax reporting and other reporting deadlines.
• Trained and mentored junior finance team members
• Identified financial data discrepancies, investigated causes and proposed solutions.
• Executed year-end audits, working with external auditors to confirm clean financial audits
• Timely filling of accurate and on-time VAT returns to HMRC (UK)
• Knowledge of TP Compliances and preparation of TP Benchmarking study for cost plus markup planning
• Correctly deposit of the Pensions payments on Aviva portal for UK employees
• Reviewing, Approving, and posting the invoices in Microsoft Dynamics 365
• Review of balance sheet reconciliations mainly prepaid, cash & bank, Accruals, ECB loans, fixed assets, deferred rent etc.
• Lead Intercompany reconciliation process & raising monthly service fee on parent company with end to end Intercompany reconciliations
• Filing of ECB returns with the bank
• Review of FAR
• Review & Reconciliation of GST & TDS register to ensure correct tax payments
• Produced year-end financial statements in line with regulatory standards

Miscellaneous Tasks:

• Managed the India travel process (including booking of flights & lodging, issuing the required docs for the Visa etc.)
• Managed the India Procurement process (including the negotiation with the vendors on the payment terms and maintaining a healthy relationships)

• Preparation of Financial Statement & Schedules
• Preparation of balance sheet reconciliations mainly prepaids, cash & bank, Accruals, ECB loans, fixed assets, Deferred rent etc.
• Variance analysis (Balance sheet and P/L)
• Month end Accounting
• Journal Uploads, Master Creation & MIS
• Intercompany Reconciliation & raising monthly service fee on parent company
• Filing of ECB returns with a bank
• Preparation & Reconciliation of GST & TDS register to ensure correct tax payments
• Month End Commentary of Actuals with Forecast
• Global Concur Reporting
• Assisting Statutory Audit & SOX Compliance & Due Diligence & IFC
• Managed to ensure the smooth running of the Accounts Payable Department
• Monitoring the accounts to ensure payments were up-to-date and resolving all invoice discrepancies
• Approving the invoices in Coupa and ensure correct validation in Oracle EBS • Vendor invoices & Employee’s claims processing and payments
• Ensure booking of expenses in correct cost center
• Payables AP Ageing & Month end Reconciliation
• Ensure correct deduction of TDS, WCT & GST
• Accruals of Operating & Capital expenses
• Approving employee reimbursements on Wiki and Concur
• Cash Monitoring, forecasting, Utilization & Managing working capital
• Dealing with Banks on FX Conversion, FD Placement & Inward Remittance

• Ensuring the smooth running of the Remediation & payables Process
• Handling Mail Merge, To be deleted and Remediation process of registering complaints
• Managing the workflow to assure that all transactions are being processed accurately and timely
• Assessing the disclosures submitted at the time of filing claims and giving a decision on whether those were covered under the relevant policy
• Administrating as in-charge of Claims Processing & Settlement and Investigating Bills
• Monitoring the cases to ensure payments were up-to-date and resolving all invoice discrepancies
• Assuring that day-to-day work is executed, documented and concluded in compliance with Quality and Risk Management (Q&RM) guidelines
• Creating a library of Risk and Compliance Policies that results in increasing the compliance focus and a reducing complaint, claims and regulatory breaches
• Reviewing the existing compliance process, identifying gaps and communicating the same to relevant managers for corrective action

• Subject Matter expert in Accounting, Record to Report and Taxation laws