SAP-FICO
KAPIL GARG
Manager
New Delhi
Summary
Dynamic Account Manager offering expertise in building partnerships, retaining key accounts and enhancing profit channels. Strong leader with proficiency in growing professional network, influencing decision-makers and devising successful strategies. Collaborative and strategic team leader with robust background in customer relationship management.
Overview
10
10
years of professional experience
9
9
years of post-secondary education
1
1
Certification
2
2
Languages
Work History
Manager
Accenture Solution Pvt Ltd
New Delhi
02.2021 - Current
- Wrote financial statements and consolidations after reconciling general ledger accounts.
- Updated general ledger with latest entries.
- Reconciled accounts and created documents for monthly closure procedures.
- Calculated tax owed, prepared and submitted returns and upheld compliance with all applicable laws.
- Prepared monthly journal entries and reconciliations.
- Saved $2M by implementing cost-saving initiatives that addressed long-standing problems.
- Performs the month-end close process as it relates to accounting including journal entries, general ledger account reconciliations, FX transactions, accruals, and analyses
- Maintains effective internal controls around the documentation, tracking, accounting, and reporting of accounting treatment.
- Provides support to financial operations related to ad-hoc questions.
- Created budgets and forecasts for management group to meet regular accounting deadlines.
- Audited and reconciled payroll and distributions for personnel.
- Drove profit increases through market research and strategic asset management to meet dynamic industry conditions.
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Closing books as per Applicable IFRS and GAAP
- Preparation of cash flow statement along with Flux analysis
- Balance sheet account reconciliations and substantiation
- Revenue Recognition as per Applicable IFRS 15 in salesforce
- Assist In Intercompany GL Account Reconciliation and Revaluation
- Management Fee Computation / Transfer Pricing
- Accounting Fixed Asset Accounting and reconciliation as per IFRS
- Foreign Exchange computation through Cross Factor method
- Prepare monthly close calendar and discuss status of activities with country controller every day in close
- Track Intercompany reconciliation status and do necessary follow -up with relevant teams.
Team Lead
HCL Technologies
New Delhi
02.2018 - 02.2021
- Consolidation Reporting of Books of Accounts
- Closing books as per Applicable IFRS and GAAP
- Preparation of cash flow statement along with Flux analysis
- Balance sheet account reconciliations and substantiation
- Revenue Recognition as per Applicable IFRS 15 in salesforce Assist i
- Preparation of Direct tax and indirect tax computation
- Intercompany GL Account Reconciliation and Revaluation
- Monthly close reporting as per Follow the Sun Close principles and 1:1:1 timelines Supplementary Information preparation for Consolidated Financial Reporting
- Analytical Review procedures in Internal and Extern al Financial Reporting
- Management Fee Computation / Transfer Pricing
- Accounting Fixed Asset Accounting and reconciliation as per IFRS
- Equity method of Accounting for Investment in Associates / Joint Venture
- Lease Accounting including Straight line method Accounting of Rent contracts as Per Applicable IFRS
- Foreign Exchange computation through Cross Factor method
- Prepare monthly close calendar and discuss status of activities with country controller every day in close
- Review and preparation of payroll processing and accounting.
- Prepare GL Reconciliations and identify open items and track closure with country controller Prepare supplementary schedules reporting
- Track Intercompany reconciliation status and do necessary follow -up with relevant teams.
Team Lead
C and C Associates
New Delhi
02.2012 - 01.2018
- Created budgets and forecasts for management group to meet regular accounting deadlines.
- Conducted technical and analytical reviews of tax returns to check for accuracy and qualified deductions.
- Improved data collection, financial analysis and financial modeling to optimize practices and retain customers.
- Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
- Gathered financial information, prepared documents and closed books.
- Identified and investigated variances to optimize financial plans and forecasts.
- Researched technical tax issues to define tax effect or impact of certain tax positions.
- Leveraged finance knowledge to strengthen controls and improve transparency.
- Used advanced software to prepare documents, reports and presentations.
- Detected and corrected mistakes early on and implemented systems to avoid recurring issues.
- Partnered with auditors to track errors and add contributions to maintain accuracy.
- Gathered data on taxable income, deductibles and allowances for tax preparation.
- Reconciled accounts and reviewed expense data, net worth and assets.
- Documented cash, credit, fixed assets, accrued expenses and line of credit transactions.
- Reviewed business operations and obligations to help organization function at acceptable level.
- Modified comprehensive reporting to reflect changing financial structure.
- Supported monthly reporting analysis to achieve validation of internal reports and to reconcile production operations and general ledger.
- Reviewed accounting structures and procedures on regular basis to identify areas in need of improvement.
- Itemized taxpayer expenses to identify maximum adjustments, deductions and credits.
- Handled day-to-day accounting processes to drive financial accuracy.
- Prepared and filed tax forms to meet needs of customers.
- Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating and cash and banking reconciliations.
- Evaluated and improved financial records to make important business decisions.
- Set up and improved accounting systems and processes to meet business needs and maximize operational success.
- Tracked financial progress by creating quarterly and yearly balance sheets.
- Offered advice and direction to help clients better understand financial goals.
Education
MBA - Accounts And Finance
NMIMS
Mumbai, India 06.2021 - Current
CA-Inter - Accounts And Auditing
Institute of Chartered Accountants of India
New Delhi 07.2010 - 07.2014
Bachelor of Commerce - Accounts And Finance
IGNOU
New Delhi 03.2009 - 02.2011
XII - Commerce
BKSVM
MATHURA, INDIA 07.2007 - 08.2008
X - General
BKSVM
Mathura, India 01.2006 - 03.2007
Skills
GAAP proficiency
Hobbies
Nature, Writing , Cooking, Social Service, Visual Arts
Accomplishments
- Used Microsoft Excel to develop inventory tracking spreadsheets.
- Collaborated with team of 12 folks in the development of IFRS Implementation
- Achieved SOP Documentation through effectively helping with Decoupling Transition
- Secured dictation in Accounts i.e. 99/100 marks in Class XII
- Won 1st Position in All Asia Bournvita Quiz Contest2001.
- Yellow and Green Belt in Taekwondo awarded by Delhi Taekwondo Association.
- Participated In Educational Assessment Australia by University of NSW in 2005.
- Certificate of Merit in 4 X 100 m Relay, Football, Table Tennis, Creative Writings in School .
Software
Oracle r12
People soft
Hyperion
Certification
ATC Certified By ICAI
Affiliations
Institute of Chartered Accountants of India
Interests
Amusement Activities
Amusement Activities
Social Networking
Additional Information
MOBILITY
Ready to work anywhere in the world.
VISA sponsorship is required.
An Immediate Joiner
Timeline
MBA - Accounts And Finance
NMIMS
06.2021 - Current
Manager
Accenture Solution Pvt Ltd
02.2021 - Current
Team Lead
HCL Technologies
02.2018 - 02.2021
ATC Certified By ICAI
03-2014
Team Lead
C and C Associates
02.2012 - 01.2018
CA-Inter - Accounts And Auditing
Institute of Chartered Accountants of India
07.2010 - 07.2014
Bachelor of Commerce - Accounts And Finance
IGNOU
03.2009 - 02.2011
XII - Commerce
BKSVM
07.2007 - 08.2008
X - General
BKSVM
01.2006 - 03.2007
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