KARANBIR SINGH SOMAL
Mohali
Summary
With more than 5 years of experience, accomplished Accountant with a proven track record at WOOD GROUP, adept in SAP FICO and Oracle, showcasing exceptional problem-solving abilities. Spearheaded a project improving petty cash processes, significantly enhancing payment efficiency. Recognized for outstanding performance and expertise in financial reconciliations, demonstrating a keen eye for detail and a results-driven approach.
Overview
7
7
years of professional experience
Work History
ACCOUNTANT
WOOD GROUP
Gurugram
11.2022 - Current
- Managed execution of treasury, intercompany, and internal transfers
- Deliver comprehensive documentation and audit data compliance
- Handled diverse currency FX rate transfers and demand drafts
- Handled crucial transactions including VAT, rent, and utilities
- Handled transactions with various financial institutions including HSBC, Citi, SCB, and IBAZ
- Reviewed bank statements to ensure accuracy
- Generated open item reports, incorporating consistent feedback from the business
- Streamlined the resolution of open-item issues
- Prepared and posted payment-related JVs for accounting purposes
- Generated region-specific cash forecasts and aided in monthly closures
- Awarded spot recognition for exceptional performance
- Review invoices for accuracy and completeness prior to payment processing
SENIOR ANALYST CASH & BANKING
GENPACT PVT. LTD.
Gurugram
09.2019 - 11.2022
- Delivered accurate bank reconciliations ahead of schedule via Blackline
- Conducted daily checks and manual uploads of bank statements into SAP for balance alignment
- Documented SOX procedures following specified controls consistently every day and month
- Manage interactions between business and team for resolving open item queries
- Managed payments for domestic and international vendors with efficiency
- Executed vendor direct debit postings in SAP
- Executed manual financial transactions including wire transfers and EFTs on major banking platforms such as HSBC, Citi, UniCredit, and JP Morgan
- Executed month-end bank sweeps and financial clearing
- Handled queries on payments for stakeholders and team members
- Conducted training sessions for new hires
DATA ENTRY OPERATOR
BRITT EDUCATION
Chandigarh
08.2018 - 08.2019
- Gathering, collating and preparing documents, updating and maintaining databases, generating and exporting data reports, spreadsheets as needed
- To keep a daily check on all activities
Education
MASTER OF COMMERCE -
PANJAB UNIVERSITY
CHANDIGARHBACHELOR OF COMMERCE -
PUNJABI UNIVERSITY
PATIALACERTIFIED INDUSTRIAL ACCOUNTANT P -
INSTITUTE OF COMPUTER ACCOUNTANTS
SAP FICO- END USER (80hrs) -
MCROSOFT SPECIALIST 2013
CHANDIGARHSkills
- SAP FICO
- Oracle
- SAGE
- Blackline
- ARECA
- Deltek
- Microsoft Office
- Optimistic
- Decision-Making
- Problem-Solving
Accomplishments
- GLOBAL FINANCE SERVICES AWARD (GFS)-CLIENT (VP) - For adding more markets into scope and performing as a backup of other team-mates during covid situation.
- SILVER AWARD - For consistently maintaining the CPI targets and supporting in Projects to accomplish best results.
- BRONZE AWARD - Received three times for outstanding performance and consistent contribution to the process.
Projects
Setup automated payment runs. Performed UATs for Payment runs and Bank statements for automation. Improvement in petty cash payment process. Introduced payment recall option with team in Citi and HSBC bank portal.
Hobbies and Interests
- Gym
- Music
- Travel
- Reading
Languages
- Punjabi, Native Language
- English, Advanced (C1)
- Hindi, Proficient (C2)
Timeline
ACCOUNTANT
WOOD GROUP
11.2022 - Current
SENIOR ANALYST CASH & BANKING
GENPACT PVT. LTD.
09.2019 - 11.2022
DATA ENTRY OPERATOR
BRITT EDUCATION
08.2018 - 08.2019
MASTER OF COMMERCE -
PANJAB UNIVERSITY
BACHELOR OF COMMERCE -
PUNJABI UNIVERSITY
CERTIFIED INDUSTRIAL ACCOUNTANT P -
INSTITUTE OF COMPUTER ACCOUNTANTS
SAP FICO- END USER (80hrs) -
MCROSOFT SPECIALIST 2013
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