Mayank Agarwal
Chartered Accountant, Finance & Accounting, FP&A, MIS & Reporting
Pune,MH
Summary
Manager leading finance and accounting close, MIS reporting, and P&L / Balance Sheet analysis for month-end delivery. Reviews variances, cash-flow forecasts, and compliance outputs to support senior-management decisions and controlled reporting. Guides teams of up to 7 professionals while improving SOPs, internal controls, and cross-functional issue resolution.
Overview
1
1
Language
2
2
Certifications
10
10
years of professional experience
Work History
Manager
BDO INDIA SERVICES PRIVATE LIMITED (FORMERLY BDO INDIA LLP)
07.2025 - Current
- Lead and review finance and accounting activities, ensuring accurate, timely and compliant financial reporting.
- Review monthly MIS and management reporting, including Balance Sheet, Profit & Loss Account and supporting schedules.
- Monitor key financial and operational indicators, identify significant trends and investigate unexpected variances.
- Provide management with financial insights and decision support through variance analysis, financial reviews and management commentary.
- Review accounting deliverables and ensure compliance with established accounting policies, processes and internal controls.
- Coordinate with cross-functional teams to resolve accounting, reporting and compliance-related issues.
- Support process improvement initiatives, standardization and development of SOPs to improve efficiency and reporting quality.
- Guide team members on complex accounting and reporting matters and support their professional development.
- Work closely with senior stakeholders on critical finance, compliance and reporting matters.
- Developed and implemented strategic initiatives to improve client satisfaction and service delivery.
- Mentored junior staff, fostering professional growth and enhancing team performance.
Manager
CHCS SERVICES INDIA PRIVATE LIMITED
03.2025 - 06.2025
- Managed finance and accounting activities with responsibility for monthly reporting, reconciliations and financial analysis.
- Reviewed month-end activities and financial deliverables to ensure accuracy and timely closure.
- Analysed financial information and investigated significant variances to provide meaningful insights to management.
- Coordinated with internal stakeholders to resolve accounting and reporting issues.
- Ensured adherence to accounting processes, internal controls and reporting requirements.
- Supported process improvement and standardization initiatives within the finance function.
Manager
BDO INDIA LLP
07.2023 - 03.2025
- Reviewed monthly MIS comprising Balance Sheet, Profit & Loss Statement and Cash Flow Statement.
- Prepared cash-flow forecasts and coordinated fund-transfer requests from the parent company to meet business funding requirements.
- Reviewed intercompany invoices and ensured appropriate accounting and reconciliation.
- Reviewed payroll accounting and related compliance activities.
- Prepared and reviewed Budget vs. Actual analysis, identifying key variances and providing management commentary.
- Monitored monthly and quarterly deliverables and reviewed team outputs to ensure accuracy and adherence to deadlines.
- Developed and maintained SOPs and process documentation for accounting and finance activities.
- Provided on-the-job guidance and technical support to team members to ensure continuous development and quality delivery.
- Worked closely with tax, legal, transaction processing, controllership and other stakeholder groups on finance-related matters.
- Led cross-functional teams to enhance operational efficiency and streamline processes.
Deputy Manager
VODAFONE INDIA SERVICES PRIVATE LIMITED
02.2023 - 07.2023
- Prepared month-end journals relating to cost reallocations and expense accruals and posted entries in SAP.
- Prepared weekly cash-flow forecasts to assess funding requirements for upcoming vendor payments.
- Prepared and reviewed Balance Sheet reconciliations for multiple accounts.
- Analysed month-on-month P&L movements and provided explanations for significant variances.
- Reviewed purchase orders to identify prepayment amounts and ensured appropriate reclassification to prepaid expense accounts.
- Supported month-end close and financial reporting activities while ensuring accuracy and adherence to accounting policies.
- Coordinated with relevant stakeholders to resolve accounting and reconciliation issues.
Assistant Manager
GLOBAL UPSIDE INDIA PRIVATE LIMITED
06.2019 - 02.2023
- Managed month-end accounting activities, including Balance Sheet reconciliations, financial statement preparation and intercompany settlements.
- Prepared standalone and consolidated financial statements and supported timely financial reporting.
- Prepared budgets, forecasts and projected financials for monthly and year-end requirements.
- Performed financial ratio analysis and provided management with insights into the organization's financial health.
- Reviewed revenue and expenses and prepared monthly financial analysis for management.
- Supported statutory, regulatory and management reporting, including expense analysis, variance investigation and management commentary.
- Prepared monthly business-unit management reports covering cash position, income and expenditure, other income and recoveries.
- Managed intercompany balance settlements and reconciliation activities.
- Prepared and filed Form 1099-MISC on behalf of clients with the US Internal Revenue Service.
- Prepared, reviewed and maintained process documentation and SOPs.
- Managed a team of 6–7 members, including work allocation, review, training and performance support.
- Worked closely with multiple stakeholder groups to resolve reporting, accounting and operational issues.
- Contributed to a controls-driven and client-focused culture, identifying opportunities for process improvement and efficiency.
Accounts Manager
FRONTLINE SECURITIES LIMITED
10.2017 - 05.2019
- Managed MIS and month-end closing activities, ensuring accurate and timely financial reporting.
- Handled direct tax compliance activities including Advance Tax, TDS and Income Tax Returns for group companies.
- Managed GST compliance and liaised with tax authorities on relevant matters.
- Monitored cash flows and supported the optimum utilization of available funds.
- Ensured adherence to internal financial controls and accounting policies.
- Monitored revenue, expenses, monthly billing and accounts receivable.
- Prepared financial analysis and management reports to support business decision-making.
- Ensured day-to-day accounting activities were completed accurately and within prescribed timelines.
- Managed and supervised a team of 3 members.
Audit Assistant
MJMJ & ASSOCIATES LLP
04.2016 - 09.2017
- Performed assurance and audit procedures covering accounting, financial reporting and statutory compliance.
- Reviewed statutory compliance relating to TDS, Excise and VAT reconciliations.
- Performed cash and bank reconciliations and reviewed the reasonableness of expenses.
- Reviewed Balance Sheet and Profit & Loss accounts for compliance with applicable financial reporting requirements.
- Assisted in ensuring compliance with relevant Accounting Standards during finalization of accounts and preparation of financial statements.
- Scrutinized ledger balances and investigated outstanding items appearing in financial statements.
- Supported audit assignments through financial analysis, documentation and review of accounting records.
- Worked with clients to obtain supporting information and resolve accounting and audit-related queries.
Education
Chartered Accountant -
The Institute of Chartered Accountants of India
Bachelor of Commerce -
University of Delhi
06-2014
Senior Secondary -
CBSE
03-2011
Secondary -
CBSE
03-2009
Skills
Financial planning & analysis (FP&A)
Management reporting & MIS
Budgeting & forecasting
Cash flow management & forecasting
Variance analysis & management commentary
Financial statements & reporting
General ledger accounting
Balance sheet reconciliations
Internal controls
Process improvement & SOP development
Accomplishments
- Participated in the International Mathematics Olympiad at school level.
- Participated in inter-house debate competitions at school level.
Certification
Completed 100 Hours Advanced ITT Training under the ICAI curriculum.
Interests
Cricket, Travelling, Music
Hobbies
Travelling, Food Exploration ,Listening to music
Timeline
Manager
BDO INDIA SERVICES PRIVATE LIMITED (FORMERLY BDO INDIA LLP)
07.2025 - Current
Manager
CHCS SERVICES INDIA PRIVATE LIMITED
03.2025 - 06.2025
Manager
BDO INDIA LLP
07.2023 - 03.2025
Deputy Manager
VODAFONE INDIA SERVICES PRIVATE LIMITED
02.2023 - 07.2023
Assistant Manager
GLOBAL UPSIDE INDIA PRIVATE LIMITED
06.2019 - 02.2023
Accounts Manager
FRONTLINE SECURITIES LIMITED
10.2017 - 05.2019
Audit Assistant
MJMJ & ASSOCIATES LLP
04.2016 - 09.2017
Chartered Accountant -
The Institute of Chartered Accountants of India
Bachelor of Commerce -
University of Delhi
Senior Secondary -
CBSE
Secondary -
CBSE