Hema Parab
Pune
Summary
Dynamic finance professional with extensive experience at BP India Business Solutions, excelling in balance sheet reconciliation and management accounting. Proven track record in leading teams, enhancing reporting capabilities, and ensuring SOX compliance. Adept at problem-solving and fostering relationships, driving operational improvements to meet tight deadlines.
Overview
22
22
years of professional experience
Work History
Manager
BP India Business solution pvt ltd
01.2021 - Current
- Managing team for 30 for BPX entity.
- Doing quality checks for data uploaded in Hyperion by BU’s.
- Uploading data to FDM and preparing reconciliations to SAP and HFM data.
- Clearing validations for HFM close, making variance analysis for the validations and contacting respective team to post or reverse the entries as required.
- Preparation of multiple adhoc reports, decks as and when requested by top management.
- Identify training needs for the individual team members based on performance evaluation.
- Ensure that the monthly close deadlines per the close calendar are adhered to.
- Review of Monthly SOX Documentation and maintain SOX controls.
- Ensure process documents (SOPs) are complete and are signed off with the respective stakeholders.
- Perform RCA (Root Cause Analysis) for operational issues and present findings to manager with solutions to the issues.
- Responsible for Monthly BS Reconciliations for GL Team and responsible for Review of other teams reconciliations.
- Follow up for Open items.
- Processing journals in SAP from various teams, Preparing Journal Register, Monthly Journal Audit.
- SAP: Good Knowledge of SAP. Query Resolutions, Preparing various reports.
- KPI Reporting: Preparing monthly 3 KPIs reporting for 32 markets.
- Attending monthly calls for different local market for the monthly preparation of MEC.
- Responsible for the maintaining SLA Weekly & monthly calls with the department managers.
- Manage Financial Reporting and Variance Analysis.
- Management accounting weekly Executive Reporting (Dashboard) for top management review to take decisions.
- Co-ordinating with Consumer, Enterprise and Residential department for Data.
- Collaborate and coordinate with finance functions, various level of management to enhance reporting capabilities.
- BP India Services Private Limited is a captive centre and providing its IT, Software, Finance & Accounting services to the BP Operating companies all over the world.
Deputy Manager
Vodafone India Services Private Limited
Pune
01.2011 - 01.2021
- Managed team of three for UK and Ireland market operations.
- Transitioned tax processes to Hungary, establishing business as usual.
- Filed quarterly VAT returns for Vodafone UK Ltd, ensuring compliance.
- Conducted invoice verification and routed payments through Oracle.
- Reconciled VAT returns with monthly reports and miscellaneous receipts.
- Prepared Zero, OSS, MTIC, foreign services, and exempt files.
- Analyzed output report and accounts receivable turnaround time using SAP and Oracle.
- Coordinated exports and EU goods files with foreign vendors.
Process Assistant Accounts & Finance (VAT)
Steria India Ltd
01.2009 - 01.2011
- Reconciliation of the payments and monitor accounts to ensure payments are made up to date and resolve any discrepancies.
- Managing the accurate and timely processing of invoices per month for multi-site organizations.
- Assessed and closed A/P sub-ledger on a monthly basis, validated content and resolved various issues.
- Handling Accounts Payable to vendors/contractors/employees & maintaining the MIS of payments to vendor.
- Responsibility to complete all statutory auditing requirements relation of AP.
- Auditing the invoice postings, VAT calculations, exceptions, reconciliations, GR IR reconciliations posted invoices by the team.
- Preparing monthly reports and assisting in month end closing.
- Ensure the Month End Close is completed within the allocated deadline.
- Managing and doing work allocation for the team.
- Interacting with the clients and vendors regarding their queries and payments.
- Return Filling: Filling the Vat Returns for 22 Clients. (European VAT).
- Accounts Payable- Audit for AP postings in SAP and Oracle.
- Accounts Receivable- Audit for AR postings in SAP and Oracle.
- General Ledger – Audit for GL entries relates to Tax in SAP and Oracle.
- Steria delivers Finance enabled business services which help organizations in the private and public sectors operate more efficiently and profitably.
Accountant
Ganatra Hotels Private Ltd
09.2003 - 02.2006
- Maintained day to day accounts like handling cash book, bank book.
- Handling monthly excise, service tax and VAT returns and assessment.
- Purchase & Sales Entries.
- Bank Reconciliation, all ledgers like sales, purchase, stock.
- Coordination with the debtors and creditors relating to payments and receipts.
- Issuing TDS certificates to the parties.
- Handling TDS & TCS payments, returns and certification.
- Prepare Service Tax Payable and Receivable Statement.
- To raise/Make bills & payments of orders/laborers, Maintaining records of Sale of Scrap.
- Solving queries raised by Auditor and Accounts finalization of the Companies.
- Preparation of VAT, CST, Service Tax, ESI, PF, PT returns.
- Raising the information request to the client for insufficient information.
- E-square is strategic and operational Family Entertainment Centre in Pune. The operations commenced in June 2003 with having 5 screens, 1 five stars Hotel and Food court in it.
Education
CIMA - Chartered in Management Accounting -
The Chartered Institute of Management Accountants
United Kingdom04-2025
Masters in Commerce -
Modern College of Arts And Commerce
Pune01.2003
Skills
- Balance sheet reconciliation
- Hyperion financial management
- Management accounting and variance analysis
- Forecasting and decision-making
- Problem solving and process improvement
- KPI reporting and project management
- Team leadership and cross-functional teamwork
- Coaching and mentoring
- SOX compliance
- Time management
- Relationship building
Languages
- English
- Marathi
- Hindi
Disclaimer
I solemnly declare that the statement made by me in this application are correct to the best of my knowledge and belief.
Mobile Numbers
- +91 9545459562
- +91 9922448626
Personal Information
- Expected Salary: As per the company policy, and considering my abilities & skills.
- Date of Birth: 05/09/81
- Gender: Female
- Marital Status: Married
Timeline
Manager
BP India Business solution pvt ltd
01.2021 - Current
Deputy Manager
Vodafone India Services Private Limited
01.2011 - 01.2021
Process Assistant Accounts & Finance (VAT)
Steria India Ltd
01.2009 - 01.2011
Accountant
Ganatra Hotels Private Ltd
09.2003 - 02.2006
CIMA - Chartered in Management Accounting -
The Chartered Institute of Management Accountants
Masters in Commerce -
Modern College of Arts And Commerce