Gurjit Luthra
Bangalore
Summary
Accomplished professional with strong leadership skills and a solid background in operational and technical accounting. Proactively drives results, known for being a self-starter, flexible, and possessing a high level of integrity. Action and goal-oriented in a fast-paced, team-oriented collaborative environment. Eager to contribute skills and experience to the team.
Overview
30
30
years of professional experience
1989
1989
years of post-secondary education
4
4
Languages
Work History
Service Delivery Ops Lead Manager
Accenture India
01.2022 - Current
- Maintained positive customer relationships, identified needs, and ensured efficient service delivery
- Led service delivery team, managed conflict, and optimized processes for increased efficiency
- Served as subject matter expert in F&A domain, delivering impactful insights and driving revenue and cost improvements
- Led high-performing F&A team, executing projects with tight timelines and providing strategic recommendations to senior management
- Served as SME in F&A domain, drove revenue and cost improvements
- Develop insights and deliver client business impact in terms of revenue increase, operation cost reduction, working capital reduction
- Lead a team of F&A resources to drive and execute projects with tight timelines
- Providing analysis, strategic direction, and specific business recommendations to senior management on critical decisions deadlines
- Reviewing financial reports and presentations, assessing the performance of the team members, participating in audits, managing schedules and guidelines, and devising strategies to improve systems and services
- Leading and encouraging the teams, all while implementing the company's policies and regulations
- ASC 606 related Revenue Analysis; Revenue Reporting; Calculation of Standalone Selling Price
- Streamlining the monthly close process and implementing a monthly reporting package
Senior Accounting Manager
Securonix Pvt Ltd
11.2021 - 01.2022
- Ensured compliance with accounting principles, policies, and audits
- Managed accounts payable, payroll, and monthly closing
- Collaborated with Director of Accounting & Reporting for analysis and reconciliation
- Reviewed sales contracts and implemented revenue recognition policies as per ASC 606
Operation Manager
Capgemini Technology Services India
12.2018 - 11.2021
- Managed the monthly financial close process, including ensuring all costs
- Participated in strategic financial projects including upgrades/phase-two implementation of ERP software
- Ensured compliance with internal control policies in a SOX environment
- Responsible for the RTR governance (SLA, KPI, Intakes, Process Defects, Process Improvements)
- Got hands on experience on RPA bots, Power BI dashboards, automation of Royalty Statements in UIpath Software
- Overseen the preparation of domestic and international tax compliance filings and related matters, as prepared by the external tax firm or other local third-party tax professionals
- Managed operational tax compliance matters, including the completion of transfer pricing arrangements, VAT filings, and property tax
Accounting Senior Advisor/ Accounting Advisor
Dell Global Business Center
09.2015 - 12.2018
- Managed monthly financial close process, ensuring accurate recording of costs and preparing reports
- Developed accounting policies and operational strategies, implementing process and system changes
- Improved system efficiencies and business practices
- Participated in strategic financial projects, including ERP software implementation
- Ensured compliance with internal control policies in a SOX environment
- Responsible for the RTR governance (SLA, KPI, Intakes, Process Defects, Process Improvements)
- Got hands on experience on RPA bots, Power BI dashboards, automation of Royalty Statements in UIpath Software
- Overseen the preparation of domestic and international tax compliance filings and related matters, as prepared by the external tax firm or other local third-party tax professionals
- Managed operational tax compliance matters, including the completion of transfer pricing arrangements, VAT filings, and property tax
- Serving as the technical subject matter expert in all aspects of accounting, including revenue recognition, and ensuring timely implementation of new accounting standards, including ASC 606 working closely with Financial Operations
- Being hands-on with foreign entity accounting and M&A accounting
Financial Controller
Bharat Hotels Ltd
02.2007 - 05.2015
- Managed all accounting operations including Billing, A/R, A/P, GL and Counsel, Cost Accounting, Inventory Accounting and Revenue Recognition
- Was responsible for the timely preparation and interpretation of all financial information, including financial statements, system ledgers, and other reports as required
- Supported month-end and year-end close process
- Ensured quality control over financial transactions and financial reporting
- Managed and complied with local, state, and central government reporting requirements and tax filings
- Developed and documented business processes and accounting policies to maintain and strengthen internal controls
- Complied with central, state, and local legal requirements by studying existing and new legislation, anticipating future legislation, enforcing adherence to requirements, filing financial reports, and advising management on needed actions
- Ensured operation of equipment by establishing preventive maintenance requirements and service contracts, maintaining equipment inventories, and evaluating new equipment and techniques
- Established and maintained strong accounting controls sufficient to ensure compliance with the regulation and mandates of all governing bodies, both internal and external
- Established acceptable accounting procedures in revenue recognition and expense accruals enough to effectively control the assets of the company
- Assured timely responses to internal and external audit recommendations
- Assured that corrective action plans are developed and implemented where needed
- Monitored, tracked, and reported capital expenditures/projects spend
- Supported Finance Department initiatives, including software and systems implementation and other departmental or firm-wide improvements, through research, planning and implementation, as needed
- Efficiently handled the RBI raid
- Old service tax case of 8 years was successfully culminated in company's favor during my tenure
- Worked on the financial projections and ratios for fund raising from banks like IDBI,SBI
- Raised loans of $25 mil including working capital, LC's and term loans
Sr.Manager Accounts
CTI Shipbrokers I Ltd
08.2005 - 02.2007
- Overseen all accounts, ledgers, and reporting systems while ensuring that the company's accounting procedures and reported results conformed GAAP
- Managed the preparation and distribution of internal financial statements and reports, maintaining the highest quality, reliability, and accuracy
- Managed monthly closing process, including reconciliations and analysis of related accounts
- Maintained cost accounting system and cost ledger
- Performed life cycle cost-benefit analysis
- Performed month-end cost accounting close
- Assisted Controller on establishing appropriate processes leading to SOX compliance
- Reviewed the Corp tax filing for the Company including the completion of tax reporting forms
- Helped in maintaining a robust internal controls environment; managed control issues/deficiencies as identified and drafted/implemented new internal controls as needed
- Maintained and strengthened internal controls over financial reporting
- Effectively worked with the CFO in developing spending guidelines and generating strategic business plans
- Partnered with Opex VP in structuring departmental forecasting improving Company's ROI analysis and financial processes
Manager Accounts
Shahnaz Husain Pvt Ltd
01.2001 - 07.2005
- Managed all accounting operations including Billing, A/R, A/P, GL and Counsel, Cost Accounting, Inventory Accounting and Revenue Recognition
- Was responsible for the timely preparation and interpretation of all financial information, including financial statements, system ledgers, and other reports as required
- Supported month-end and year-end close process
- Ensured quality control over financial transactions and financial reporting
- Managed and complied with local, state, and central government reporting requirements and tax filings
- Developed and documented business processes and accounting policies to maintain and strengthen internal controls
- Complied with central, state, and local legal requirements by studying existing and new legislation, anticipating future legislation, enforcing adherence to requirements, filing financial reports, and advising management on needed actions
- Ensured operation of equipment by establishing preventive maintenance requirements and service contracts, maintaining equipment inventories, and evaluating new equipment and techniques
- Established and maintained strong accounting controls sufficient to ensure compliance with the regulation and mandates of all governing bodies, both internal and external
- Established acceptable accounting procedures in revenue recognition and expense accruals enough to effectively control the assets of the company
- Assured timely responses to internal and external audit recommendations
- Assured that corrective action plans are developed and implemented where needed
- Monitored, tracked, and reported capital expenditures/projects spend
- Supported Finance Department initiatives, including software and systems implementation and other departmental or firm-wide improvements, through research, planning and implementation, as needed
- Efficiently handled the RBI raid
- Old service tax case of 8 years was successfully culminated in company's favor during my tenure
- Worked on the financial projections and ratios for fund raising from banks like IDBI,SBI
- Raised loans of $25 mil including working capital, LC's and term loans
Accounts Executive
Controls & Switchgear
01.1996 - 01.1999
- Was a part of M & A team and extensively worked on the analysis of the financial impact, cashflow and profitability of merger
- Generated monthly accounts, closing reporting with analysis and commentaries, along with cash flows
- Liaised with auditors for Statutory and Internal audit
- Prepared budgets and forecasts
- Worked on the Project feasibility report of Rs100 Cr loan
- Supervised 2 Accounting staff
Accounts Executive
SLM Maneklal Industries
01.1995 - 01.1996
- Played a key role in Fixed Asset automation process and was responsible for investigating the potential obsolescence of fixed assets and calculate the asset retirement obligation
Education
Bachelor of Commerce -
Gujrat University
LL.B - undefined
Gujarat University
Chartered Accountant - undefined
Institute of Chartered Accountant
IFRS - undefined
KPMG
Skills
Leadership
Analytical
Strategic planning
Project management
Mentoring and coaching
Resources allocation
System optimization
Business intelligence gathering
Team building & leadership
Problem-solving abilities
Decision-making
Customer relations
Timeline
Service Delivery Ops Lead Manager
Accenture India
01.2022 - Current
Senior Accounting Manager
Securonix Pvt Ltd
11.2021 - 01.2022
Operation Manager
Capgemini Technology Services India
12.2018 - 11.2021
Accounting Senior Advisor/ Accounting Advisor
Dell Global Business Center
09.2015 - 12.2018
Financial Controller
Bharat Hotels Ltd
02.2007 - 05.2015
Sr.Manager Accounts
CTI Shipbrokers I Ltd
08.2005 - 02.2007
Manager Accounts
Shahnaz Husain Pvt Ltd
01.2001 - 07.2005
Accounts Executive
Controls & Switchgear
01.1996 - 01.1999
Accounts Executive
SLM Maneklal Industries
01.1995 - 01.1996
LL.B - undefined
Gujarat University
Chartered Accountant - undefined
Institute of Chartered Accountant
IFRS - undefined
KPMG
Bachelor of Commerce -
Gujrat University