JAGDISH PRASAD

• Leading India F&A teams for USA based organization and manage 50+ financial professionals along with 3 managers.
• Overseeing multiple F&A functions like Suspense (GL), Commission, Tax, Abandoned Property, Cash and Accounts Payable.
• Monitor and analyze financial performance and provide recommendations for improvement.
• Tracking daily, Monthly SLAs and KPIs to avoid any escalations and penalties.
• Manage and oversee the accounting and finance functions.
• Oversee the periodic reconciliations in Blacklines/Trintech.
• Develop and maintain internal control systems and procedures.
• Analyze and interpret financial data to identify potential areas of improvement.
• Internal control and performance evaluation.
• Established strong relationships with clients and stakeholders, ensuring long-term partnerships and repeat business.
• Implemented and developed operational standards, policies and procedures.
• Provided strong leadership to enhance team productivity and morale.
• Led cross-functional teams to achieve project milestones and deliver high-quality results.
• Process improvement and quality assurance.
• Reduced costs, optimized resource allocation, and improved efficiency in managing projects.
• Boosted team member productivity by enhancing performance monitoring and instituting motivational approaches.
• Evaluated employee performance and conveyed constructive feedback to improve skills and closing annual appraisals.
• Managed large-scale projects and introduced new systems, tools, and processes to achieve challenging objectives.

• Participated in successfully transitioned work from USA and stabilized in India.
• Analyzing Financial Information and tie them up in reconciliation to validate.
• Ensure proper accounting policies and principles are followed in accordance with USGAAP
• Participated in Month End close activities to make sure all accounting entries and GL are performed on timely basis.
• Allocating receipts and reconciling in ERP, following up for billings with various vendors/customers (B2B).
• Ensure compliance of internal controls as related to SOX
• Coaching and monitoring team members on daily activities
• Preparing SOX control check within the team onshore and offshore and share it with SOX team on quarterly basis
• Supported ERP implementation and testing
• Created many excel templates by using advanced excel and macros under LEAN project.
• Monitored cash intake and deposit records, increasing accuracy, and reducing discrepancies.

• Participated in successfully completion of onsite transition in R2R from UK and helped leadership to stabilize the process in offshore
• Responsible for Bad debts provision working and posting relevant journal entries
• Preparing balance sheet reconciliation and submitting them in TriTech
• Taking care of branch finance accounting for the Asia warehouse located in Corby, UK
• Preparing accruals, monthly regular journal entries and chasing other departs for inputs and gap if any
• Supervised all the part of accounting and preparing journals
• Handled escalation and sharing RCA with the team and management
• SOP creation and enhancement of reconciliation templates
• Prepare and review monthly GL accounting and reconciliations.

Associated with multiple areas of Finance and Accounting, part of OTC and RTR throughout the tenure along with projects.

OTC Business Analyst (2012 to 2016)

• Experienced in O2C end to end process with special focus on Revenue recognition under ASC 606, cash application, dispute management, collections, customer service and billings
• Review contracts and making sure it is implemented on system
• Making sure revenue is triggered as expected on/before cycling close to avoid any revenue miss
• Integrate billing inputs well in (ERP) PeopleSoft to drive desired and accurate billing and invoice information
• Liaising with US based AEs/Managers to follow instructions and modifying Revenue/Billing details accordingly
• Prepares daily and ad-hoc reporting within agreed SLAs
• Making sure to follow proper approval matrix to get the billings release on time
• Had been part of a project to break down Billing Vs Revenue variances
• I was handling almost 135 clients with 3 MM+ portfolio
• Participated in successfully clearing 65MM USD variances in billings VS Revenue.

GL/Treasury Business Analyst I (2017 to 2019)

• Preparing monthly GL and bank account reconciliation
• Working on AP – AM Interface for capitalization and corrections
• Asset maintenance activity on asset management module
• Analysis and clearance of various variances relating to fixed assets clearing account
• Recording of journal entries for accruals, bank charges, Prepaid expenses, Bank entries etc
• Performed Inter-company related accountings and reconciliations.
• Reviewing JEs and reconciliations of team member, validating before posting in the system
• Cross functions support to Treasury/Banking team.
• Successfully completed onsite and remote transition from US and UK to centralize India site for global accounting, also helping team to prepare SOP on newly transitioned GL accounts, intercompany accounting, and reconciliations.

• Associated with (P2P) Accounts Payable team to perform a role of AP processor and billing coordinator
• Reviewing Purchase order/invoices and receipts notes to match up the expense and documentation purposes (Applying 2-way matching and 3-way matching concept etc.)
• Posting relevant journal entries and accrual entries in the ERP (SAP)
• Ensured input and timely payment of all vendor invoices
• Maintain a database of transactions with details of vendor and payments (Vendor Management)
• Preparing financial reports to help business management and team for better decision and performance review.
• Making payments as per approved payment proposal by the leadership and respective department head.