KANIKA SHARMA

Roles and Responsibilities (SAP):

• Developed and oversaw financial strategies, models, reporting, budgeting, and forecasting along with revenue and/or expenses to support overall decisions regarding margins and other business objectives.
• Performed detailed financial analyses of CapEx projects, including cost-benefit analysis, return on investment (ROI), net present value (NPV), and internal rate of return (IRR) by identifying opportunities for improving processes related to CapEx evaluation and monitoring.
• SAP FSCM, Dispute Management, Configuration, FI-AR, Bank Accounting, SAP ERP, Ehp, Credit Management, Collection Management, Indirect Tax Integration, Integrated Modules MM&SD etc in SAP S4 HANA.
• Ensured effective management of company’s cash flow to meet operational and strategic needs along with Implementation of cost control measures and identified areas for cost reduction.
• Collaborated with product management, tax content researchers, and engineering teams to implement effective tax solutions and implemented changes in transaction taxes at federal, state, and local levels.
• Ensured accuracy, timeliness, and completeness of tax content for U.S,U.K Sales and Use tax and other relevant indirect taxes.
• Prepared and lodgement of other indirect US taxes including eg gross receipts, business & occupation (B&O) returns via relevant tax portals.Also supported preparation and lodgement of indirect tax returns for UK, Europe, New Zealand, Uruguay and Australia. Reviewed corresponding balance sheet reconciliations.
• Acted as primary liaison for financial matters with senior management, investors, auditors and communicated financial results and strategic plans to stakeholders.
• Functional and/or technical integration of SAP processes (FI/CO,FSCM and cross-functional) along with configuration of General Ledger, Accounts Payable, Accounts Receivable, Asset Accounting, Banking, Cost Element, Profit center, Internal Order, WBS etc.
• Determined the appropriate amortization method (e.g., straight-line, declining balance) for intangible assets and maintain schedules that outline the amortization of intangible assets over their useful lives.
• Prepared business presentations/briefing papers for local, regional, and/or global management. Also owned and driven process improvement/simplification/excellence / automation and broader finance initiatives.

• Prepared Royalty reports of authors on half yearly basis with proper GST compliance
• Monitored day-to-day financial operations within company, such as payroll, invoicing, financial reporting, vendor payments, reconciliation, Investment Portfolios, Compliance Assurance, banking, management reporting, expertise in taxation and other transactions including FOREX, reporting, cost analysis,working capital products(domestic & foreign),trade finance(BG,LC,BC,SC,MSME Financing) etc
• Finance processes encompassing Record-to-Report, Order-to-Cash, Procure-to-Pay, management and statutory reporting etc
• Developed and implemented a new tracking system for regulatory reporting and compliance that organized historical data into a centralized database; this tool is now utilized by 15+ stakeholders for efficient data access.
• Implemented automation in QuickBooks to streamline financial processes, enhancing accuracy in reporting, invoicing, and expense management. Reduced manual workload through automated bank reconciliations and real-time data syncing, significantly improving operational efficiency.
• Oversaw revenue recognition processes, especially in the context of book sales, royalties, and licensing agreements along with close contacts with legal & rights department to manage financial aspects
• Driven the CAPEX planning process, ensured all projects aligned with organizational strategies and budgets. Also managed revenue recognition processes in compliance with GAAP/IFRS.
• Worked closely with CFO / CEO Finance and delivered improved capability, performance, talent and leadership in business area in line with business goals and handled legal and litigation matters along with lawyers / consultants.
• Reviewed financial data and prepared monthly MIS, Cash Flow and Balance Sheet for investors and higher management for long-term and short term decision making through automation in Quick Books Online.
• Handled statutory audit, tax audits, GST audit independently by coordinating with auditors along with PF & ESI Inspections.
• Ensured all HR practices comply with relevant labor laws and regulations, maintained up-to-date knowledge of legal requirements along with the recruitment process, acted as a point of contact for employee relations, addressed grievances, fostered a positive workplace culture.

• · Oversaw deployment of strategic business plans to accomplish accounting, compliance and revenue targets.
• · Negotiated and approved all supplier, distributor and state contracts and agreements.
• · Oversaw budgets, payroll and accounts payable and receivable.
• · Authored, evaluated and reviewed reports to highlight company actions to key stakeholders of operating revenue range from 1cr to 50cr.
• · Prepared year-end fixed asset schedule for inclusion in Comprehensive Annual Financial Report and monthly financial reports for board meeting.
• · Worked closely with audit team to prepare accounts and documentation as well as conducted audits according to all regulatory requirements.

Roles and Responsibilities (SAP):

• Prepared and analyzed financial statements, including income statements, balance sheets, and cash flow statements.
• · Managed financial aspects of engineering projects, including budgeting, invoicing, and cost tracking and collaborated with project managers to ensure accurate financial reporting for each project.
• · Stayed updated on tax regulations applicable to the engineering industry and provided insights into cost trends, profitability, and financial performance of specific engineering projects.
• · SAP FI support as an intern in Support Projects

• · Handled full set of accounts including AR/AP/GL and assisted in year-end closing
• · Prepared monthly bank reconciliation, stock reconciliation and audit schedule – event accrual, advanced receipts listing, etc.
• · Reconciled payment received (pay modes e.g. SFC, Pay pal, AXS, Nets, Bank Transfer, foreign remittances and cheques vs. monthly event closing list, contributed to the budgeting process by providing financial data and insights
• · Assisted in the development of financial forecasts and variance analysis and oversaw cost accounting processes, including tracking and analyzing production costs.
• · Optimized cash management processes to meet working capital requirements and monitored and project cash flows to support operational needs

• · Configuration and maintenance of FI-related settings in the SAP system as end user, within the SAP system.
• · Allowed the creation of ledgers for specific reporting or legal requirements.
• · Managed the company's financial transactions and provides a central repository for all financial data.
• · Analyzed the profitability of products, customers, business segments, or geographical areas.

• · Worked for 3 International US Clients from banking industry and everyday contact with multinational environment.
• · Handled various financial accounting tasks, including general ledger accounting, accounts payable/receivable, asset accounting, bank accounting, and tax accounting & ensured adherence to accounting principles and legal requirements, and generate financial statements and reports through Hyperion automation.
• Supported the client during Month-End Closing (Project Accounting, Cost Center Accounting, Post AP/AR/GL revaluation) Value Added Tax (VAT) or Goods & Services Tax (GST) in the UK, Australia, New Zealand.

• Client:- AstraZeneca (Sweden).
• Software:- SAP ERP 6.0
• Roles & Responsibilities:-
• As part of P2P Vendor Management Team handled Vendor Selection and Onboarding, Vendor Data Management, Purchase Order (PO) Processing, Invoice Processing, Payment Management, Vendor Performance Management, Issue Resolution and Relationship Management, Compliance and Risk Management, Reporting and Analytics etc