KISHORE MALLA

· Providing reporting on monthly,quarterly forecasts and annual budgets from SAP BFC (Cartesis), Adaptive Insights and explain their variances to FBP's and CIO.

· Co-ordinating the quarterly forecasting and annual budgeting process for Globally.

· Head count planning and tracking for all regions globally.

· Accurate Accrual computation and recharging them back to BU's on quarterly basis.

. Balance sheet recon on accruals posted and tracking the actuals posted by finance controller team.

· Providing analysis on global software and other intercompany recharges for GroupM

· Review Cloud expenditure and manage recharge data preparation

· Provide quarterly commentary on IT costs to Global Finance.

.Provide insight on the goals, forecasts, and financial performance's of individual business units.

· Provide support to IT Business Partners/PMO on financials for projects

· Assist the Global IT Project Portfolio and Finance Director with ad-hoc queries.

· Provide licensing support to the various teams for Global licenses.

· Performing Finance Analysis, Including Variance Analysis, Trend Analysis, And Financial Statement Analysis to identify the performance indicators and provide actionable insights to management

· Managing end-to-end R2R activities such as from invoicing to collection of outstanding invoices

· Directing and streamlining billing and collections process for debtors, ensuring timely invoicing and effective recovery

· Conducting regular meetings with the operation and divisional managers to facilitate communications with customers and boost the payment process

· Leading the AR Team & reviewing the accuracy & completeness of invoices prepared by team members

· Facilitating month-end debtors' balances to the management and the divisional heads with notes and providing them with aging analysis

· Working on reconciling multiple sub-ledger & General ledger accounts based on the P&L & balance sheet

· Administering all the different bank reconciliations such as HSBC, and CITI accounts

· Ensuring detailed reviews of contracts and proposals to ensure 100% accuracy of all billing terms before execution

· Managed intercompany transactions which were transacted between different countries as well as different segments

· Reconciled intercompany account balances and proactively resolved intercompany imbalances to achieve the scheduled management report, utilized the consolidation reports issued by group reporting from the Hyperion consolidation

· Considered all intercompany recharges, including employee recharges, invoices, expenses associated with specific projects, and so on

· Prepared the revenue structure for management needs on a quarterly basis

· Provided a quarterly analysis report on the operation of the business centers as well as their operation

· Reviewed the Hyperion posting and accrual posting figures with ledgers, as well as the postings and reports provided by the IBM Team

· Facilitated the documentation required by the RBI for intercompany payables and receivables, as well as for audit reasons

­ Recognition of revenues as per the IND AS 115 and reporting the same to the management for final closure of P&L.

­ Accounting and closing the net outstanding for the customers with keeping a track on aging as per the credit period provided by the guidelines and policies of the organization.

­ Reconciling the control accounts and bank accounts by identifying the unaccounted or overstated amounts.

­ Transferring the unearned income to the suspense account and clearing the same after recognizing the same.

­ Posting journals for debit as well as credit notes for the customers and vendors.

­ Taking legal actions against the debtors in case of improper closure of outstanding or bad debts.

­ Reporting and Compliances under VAT, CST & WCT laws. Preparing monthly/quarterly/ Annual Returns under relevant VAT, CST and WCT

­ Accounting and clearing vendor outstanding by deducting TDS with identifying the registered assesse.

­ Accounting cash transactions for receivables and payables regarding expenses or income earned for the company.

­ Tracking company expenditures for fixed assets in comparison to the capital budget and management authorizations

­ Filing GST returns as per prescribed guidelines amended by Govt. Of India on Monthly basis. As well as claiming Input tax credit for the tax paid on Input goods.

­ Reporting to Statutory Auditors as well as internal auditors in case of backups and physical instruments required.

­ Handling intercompany accounts as a Senior Process Associate.

­ Classifying the transactions between intercompanies and evaluating the procedures of accounting into books.

­ Posting journals on accrual basis and again redeeming the same to actuals when it gets realized Accomplishment

­ Reconciling the balances between intercompany codes on monthly and quartely basis.

­ Preparing monthly reports such as Withholding taxes,aging report Forex revaluation.

­ Reclassing and transferring the balances from the cross co.codes to their hub.

­ Transferring the balances from deffered revenue to the actual revenue recognition account.

­ Resolving the issues regarding client specifications on adhoc basis globally.

­ Supporting regions such as( EUROPE,APAC,US,LATAM) around 160 companies with their interrelated transactions.

­ Preparing netting report on monthly basis considering actual receivables with actual payables.

­ Analyzation of cost audit reports complying with guidelines prescribed by ICAI.

­ Preparation of Cost sheet and preparation of budgetary report.Accomplishment

­ Physical verification of assets and manual reports.

­ Handling indirect taxation filing such as Service, Excise related duties.