Jayesh Jyothikumar
Financial Controller
Bengaluru
Summary
Experienced Financial Controller (AVP) with more than 14 years of success. Skilled in uncovering opportunities in Accounting, Tax, Audit, Reporting, Variance Analysis,Internal Controls and Reconciliation.Accomplished in working with executive leaders to managing various projects. Prepared to bring talent and expertise to organization offering opportunities for advancement.
Overview
14
14
years of professional experience
Work History
Financial Controller (AVP)
JP Morgan Chase Services India Pvt Ltd
08.2018 - Current
- Managing the North America Accounting Team for JPMC.
- Managed a team of finance professionals, providing guidance, support, and ongoing training to ensure continued growth and development.
- Ensure month-End Closing, reporting & reconciliation for JPMC NA Legal entities as per USGAAP.
- Monthly analysis of financial sand providing variance commentaries.
- Responsible to review P&L and Balance sheet accounts. General Ledger Reconciliation & Substantiation.
- Driving productivity & automation across operating businesses in all aspects.
- Manual accounting & entry bookings to the General Ledger and operating systems during the month end close process.
- Reported out monthly to Finance Committee on the P&L and Balance Sheet financial.
- Interact with global controllership team on consolidation of multiple regions financial statements and also with stake holders.
- Providing Audit support, Internal and External.
- Develop and document business processes/SOPs and accounting policies to maintain and strengthen internal control.
- GL Account minimum standardization and GL Setup for the Oracle HCM Cloud project & Testing.
- Participated in global team for implementation of new legal entities setup and preparation of all GL mapping.
- Legal entity merger & acquisitions & Vendor Migration projects for accounting.
Financial Analyst 3
Adobe Systems India Pvt. Ltd
07.2017 - 08.2018
- Accounting process for Asia Pacific & Japan.
- Processing Expats/Bonus/Tax gross up/Stock options etc.
- Coordination with HR/Corporate headquarters/Payroll vendor to collate and verify information.
- General ledger posting and reconciliation for the JAPAC.
- Managing various GL project with different team and process enhancement.
- Annual Year End filling for JAPAC.
- Participated in T&A Implementation project for Japan Region.
- Support internal/External audit request.
- Handling JAPAC Tax Funding and other Tax related funding.
- Preparation of pension fund files for Australia.
- Expense forecasts on monthly basis.
- Exposure in Vendor Management.
Team Leader
JP Morgan Chase Services India Pvt Ltd
06.2012 - 07.2017
- Managing the US Accounting and Payroll Team.
- Demand Deposit Account reconciliation.
- Balance sheet and profit & Loss account reconciliation. General Ledger Reconciliation & Substantiation.
- Ensure Daily and month-end activities and reporting for NA legal entities.
- Develop and document business processes/SOPs and accounting policies to maintain and strengthen internal control.
- Analyzing the source data ad preparing & posting the Journal entries.
- Analyze, communicate and resolve material variance between the general ledger and upstream system.
- Monitoring and handling the team and working on Escalation.
- Preparation of Internal Reports to top management.
- Handling US Tax related funding & Activities.
- Preparation of semi-monthly and off cycle proof which includes payment to ACH, manual proof, Deductions to vendor, funding ADP.
- Preparation of Re-class entries and report.
- Handling on SOX Audit and procedure for the reports and document.
- Preparation on Vendor payment and its funding and also handling vendor payment related inquires.
Sr. Finance and Accounting Executive
IBM Global Process Service
02.2010 - 06.2012
- Preparation of Depreciation and Tool Rental, Furniture and fixture Report.
- Preparation of Audit Schedules and Roll forward report on Quarterly basis.
- Reconciliation of Fixed asset GL on monthly basis.
- Preparation of Re-class Journal entries for Depreciation and tool rental.
- Preparing & posting the fixed asset journal entries.
- Successfully migrated the Weighted Average Report which is prepared on monthly basis.
- SOX review of Depreciation expenses report - which include expense incurred during the period and its Analysis.
- Accumulated depreciation Tie-out report and Analysis.
- Depreciation Preparation of Reports such as Depreciation estimates and its analysis to forecast the Gain/Loss on any property or Assets.
- Preparation of Depreciation Projection and Error Clean up Report.
- Preparation of Retried Tool Report to provide estimate vale of property to Real Estate Account Team.
- Reconciliation of MDR1 to SAP books on monthly basis.
- Asset addition, Transfer or Retirement based on request basis.
- Resolving Tool Rental and FF&E Account P&L Queries.
- Preparation of owner’s report and 10K report.
Education
MBA - Finance
Sikkim Manipal University (Distance Education)
04.2001 -
Bachelor of Commerce - Accounting
Kristu Jayanti College
Bengaluru 04.2001 -
Skills
Internal Controls
Variance Analysis
Project Management
Process Improvement
Intercompany Transactions
General ledger accounting
Relationship Building
Analytical Skills
Problem-solving aptitude
Teamwork and Collaboration
Analytical Thinking
SAP ERP
Timeline
Financial Controller (AVP)
JP Morgan Chase Services India Pvt Ltd
08.2018 - Current
Financial Analyst 3
Adobe Systems India Pvt. Ltd
07.2017 - 08.2018
Team Leader
JP Morgan Chase Services India Pvt Ltd
06.2012 - 07.2017
Sr. Finance and Accounting Executive
IBM Global Process Service
02.2010 - 06.2012
MBA - Finance
Sikkim Manipal University (Distance Education)
04.2001 -
Bachelor of Commerce - Accounting
Kristu Jayanti College
04.2001 -