Summary
Overview
Work History
Education
Skills
Hobbies and Interests
Accomplishments
CUSTOM SECTION
Timeline
Generic
Luxmi Jonwal

Luxmi Jonwal

Mohali

Summary

Finance professional with over 10 years of experience in financial planning & Analysis (FP&A), Record to Report (R2T), General Ledger (GL), and Financial reporting. Proven ability to streamline processes, transition global projects, and deliver high-quality financial analysis to support business decision. Recognized for leadership, transition success, and service excellence.

Overview

11
11
years of professional experience

Work History

Team Lead (FP&A, R2R, GL)

Bunge India Private Limited
03.2021 - Current
  • Part of FP&A function, overseeing budgeting, forecasting, and financial analysis processes to support strategic decision-making and business planning.
  • Creating and preparing detailed financial ESG & RMI sales reports and models for analysis by the top management of the company and the potential investors etc.
  • Support the monthly financial reporting process, including variance analysis and management reporting
  • Prepare ad-hoc financial analyses and reports as needed to support decision-making
  • Analyze financial data to identify trends, variances, and opportunities for improvement
  • Supporting ad hoc requests from executive management
  • Gain Client Confidence in a very short span, 1 offshore Project transitioned from Spain and went LIVE during the Transition itself
  • Review of Profit & Loss on monthly basis including Washouts, Price Variance, Inventory Swaps, Inventory Adjustments, Revenue Recognition Adjustments, etc.
  • Review of Balance Sheet and P&L also prepare the variance analysis
  • Performing Rev VS COGS Quantity Check to avoid any discrepancy.
  • Preparation of Month end, Quarter end and Year End activities, Balance sheet Reconciliations.
  • Performing AP/AR opposite balance Activities.
  • Preparing accruals, prepaids, posting Journal Entries.
  • Preparation of Standard Operating Procedures (SOP's) for various activities.

Senior Associate – Accounts Closing and Reporting

Clifford Chance Business Services
06.2018 - 02.2021
  • Prepare Template for Budgeting exercise to share with business teams.
  • Variance analysis vs previous years to understand the outliner and Investment.
  • Preparation of various management reports and financial statements to facilitate GL Close (Accounts Close).
  • Performing monthly tasks including Keystone to Hyperion and Oracle to Hyperion
  • Preparation of variance analysis and prepare commentary for Opening and closing balances
  • Responsible for preparing Bank Reconciliation on daily basis and monthly basis
  • Analysis of GL accounts for Analysis of mis-posting /error and rectification entry for the same
  • Preparing and posting of accruals, mis-posting, and re-classification Journals
  • Involve in monthly feedback calls and best practice calls with the Controllers of Asian Region
  • Preparation and Updating of Standard Operating Procedure (SOP)
  • Prepare and maintain FAR and FA module, to capitalize and charge the depreciation every month
  • Recently successfully taken responsibility of Australia transition, prepared all the Australia activities SOP

Senior Practitioner- R2R Closing and Reporting

IBM INDIA PVT LTD
06.2016 - 06.2018
  • Prepare template for Budgeting exercise to share with Business teams
  • Competition benchmark data for various companies
  • Analysis of revenue for budgeting, building bridges for different management views.
  • Undertake sales Volume Variance Analysis & identify exceptional performance products.
  • Posting of Journal entries (Nature: Preparing Accruals & Prepayments, Bank revaluation, Payroll, Intercompany Recharges, Intercompany Reconciliations, Clearing P&L accounts balances Fixed journals, Standard journal)
  • General account - Maintaining General ledger and posting ad hoc JEs at month end with proper verification and knowledge
  • Prepare accruals & prepayment for all the payment and post Journal so that P/l doesn't get understated
  • Ensure P/L and balance sheet accounts are updated correctly for financial reporting.
  • Reconcile Balance sheet GL accounts in Blackline tool
  • Post Bank interest charge and do revaluation.
  • Maintain sales summary of return to suppliers & sales variance data
  • Prepare stock report at month end
  • Check Stock reconciliation & Service repair adjustment
  • Prepare fixed asset register - capitalization, & addition
  • Calculate Depreciation and post journal
  • Ability to resolve outstanding issues directly with clients.
  • Responsible for month end closing, quarter end closing and year end closing within deadlines

Process Associate- Financial Accounting & Reporting

GENPACT INDIA PVT LTD
08.2014 - 06.2016
  • Worked for GE Capital Retail Banking & Synchrony Financial
  • Joined as a Process Associate wherein work is preparation of working sheets to fund stores and then transferring cash electronically to the vendor's A/c in U.S.
  • Analyzing financial data and performance metrics to identify trends and opportunities
  • Funding to stores has a same day T.A.T and needs to be reported by different contractual times.
  • Reporting Business Metrics to Leadership (i.e Dashboards)
  • Acting as an approver for MJE's/Funding requests submitted by the team members
  • Co-coordinating with the customers for solving their queries and process queries.
  • Working Sox data as per requirement of Business on quarterly basis.
  • Assist Manager in preparing Monthly and Weekly Dashboard.

Education

M. Com -

Indira Gandhi National Open University
New Delhi, IN-DL
01.2019

Project management

Narseee Monjee Institute of Management Studies
01.2018

B. Com (H) -

Shaheed Bhagat Singh college Delhi university
01.2013

Skills

  • SAP
  • Oracle
  • Discoverer
  • HFM
  • OneStream
  • Keystone

Hobbies and Interests

Travelling, Volunteering

Accomplishments

  • Worked directly with senior leadership to develop and administer.
  • Recognized by management for transition of new project delivering outstanding.
  • Advanced from ATL to TL quickly as result of high accuracy and timeliness achievements.

CUSTOM SECTION

MS Word, MS Excel, MS Outlook, Microsoft PowerPoint, SAP, Oracle, Discoverer, Tally ERP, Busy, FM, OneStream,HFM

Timeline

Team Lead (FP&A, R2R, GL)

Bunge India Private Limited
03.2021 - Current

Senior Associate – Accounts Closing and Reporting

Clifford Chance Business Services
06.2018 - 02.2021

Senior Practitioner- R2R Closing and Reporting

IBM INDIA PVT LTD
06.2016 - 06.2018

Process Associate- Financial Accounting & Reporting

GENPACT INDIA PVT LTD
08.2014 - 06.2016

M. Com -

Indira Gandhi National Open University

Project management

Narseee Monjee Institute of Management Studies

B. Com (H) -

Shaheed Bhagat Singh college Delhi university

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