MUHAMMED AJMAL KM
Calicut
Summary
Semi-qualified chartered accountant with extensive experience in accounts receivable, revenue recognition, and financial reporting at IT MNCs. Proven track record in contract analysis and forecasting, utilizing Oracle PeopleSoft, MS Office, and Oracle Fusion. Skilled in process enhancement and client relationship management, ensuring timely billing and compliance. Strong analytical abilities provide valuable financial insights and drive organizational growth.
Overview
11
11
years of professional experience
1
1
Certification
Work History
Deputy Manager- Revenue Recognition(AR)
Hexaware Technologies Limited
Mumbai
06.2021 - Current
- Reviewed, interpreted, and approved contracts, SOWs, and POs to ensure accurate billing terms.
- Created and distributed monthly invoices based on contract details and reporting data.
- Determine and book monthly revenue accrual, and ensure subsequent billing on time.
- Prepared and managed monthly MIS decks, reconciling information with team inputs.
- Determined monthly revenue forecasts and conducted comprehensive revenue analysis, including variance analysis.
- Performing aging analysis and interacting with delivery and the client for pending payment as per terms.
- Oversee exempted transactions and process invoices promptly, as per approval.
- Extracted data and prepared reports for audit and forecasting purposes.
- Maintained regular communication with clients and internal teams for clearance.
- Assisted in financial audits and implemented recommendations for improved processes.
- Oversaw project budgets and timelines for successful delivery of services.
- Verifying bank remittance, booking remittance, and informing the collection team.
- Analyzed transfer pricing policies for international transactions and compliance.
- Recruited and trained new employees to meet job requirements by giving refreshment sessions and process briefing.
- Lead in 4+ team in Accounts receivable process and reporting management
Senior Process Executive- Accounts Payable
Cognizant Technology Solutions
Chennai
01.2019 - 03.2021
- Executed AP sub-ledger to GL reconciliations, ensuring compliance with SLAs for customer satisfaction.
- Analyzed payment variances, trends, and conducted accrual reconciliations.
- Interacted with internal and external customers to resolve exceptions and meet process deliverables.
- Reviewed vendor master changes, prioritized activities, and managed month-end AP accruals.
- Administered vendor reconciliations while implementing duplicate checks on payments.
- Prepared month-end expense accruals to maintain accurate financial reporting.
- Spearheaded U.S. and Canada subcontractor accrual automation initiatives to enhance efficiency.
- Processed payments for invoices, expense reports, and check requests across 13 countries in APAC.
ARTICLE/AUDIT ASSISTANT
CA- ARTICLESHIP
Chennai
07.2014 - 07.2018
- Performed complex general accounting functions, including the preparation of journal entries, account analysis, and balance sheet reconciliations. Drafted the complete annual audit reports, including all footnote disclosures.
- Finalization of financial statements, like the balance sheet, P&L A/C, and cash flow, with annexures thereto.
- Analysis of the financial statements, and review of tax provisioning for clients.
- Returns filing as per IT and Companies Act, and prepared governmental reports in compliance with strict standards.
- IT appeal representation and drafting of SOF, GOA, etc.
- GST integration, registration, and return filing for clients.
- Worked directly with the Income Tax and GST Department to resolve the issues and represented the clients before the officers of the department.
- Provided timely actuals, forecasts, and budget data for IT and corporate management.
- Verified data integrity and accuracy.
- Conducted, supervised, and coordinated assigned audits promptly and professionally, including audits for the company, bank, and other financial institutions.
- Bank statutory audit and preparation of various reports under audit.
- Drafted the complete annual audit reports, including all footnote disclosures.
- Recommended changes in internal audit controls and their planning.
- Incorporated Company and return filing as per the Companies Act.
Education
CA- Inter -
INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
chennai, Tamil Nadu11.2016
Bachelor of Commerce - Finance
UNIVERSITY OF CALICUT
calicut, Kerala04.2014
Skills
- Revenue recognition and reporting
- Contract analysis and interpretation
- Financial forecasting and analysis
- Accounts reconciliation
- Team leadership
- Accrual accounting
- Variance analysis
- ERP systems: Oracle Fusion, PeopleSoft, SAP FICO, Tally
- Billing accuracy
- Invoice processing
- Process automation
- Audit support
- Accounting principles
- Data reconciliation
- Operational leadership
Certification
- General Management and Communication Skill (GMCS), Institute of Chartered Accountants of India, 2015
- Information Technology Training (ITT), Institute of Chartered Accountants of India, 2014
Languages
- English
- Malayalam
- Tamil
- Hindi
- Arabic
Personal Information
- Passport Number: S5293332
- Date of Birth: 04/27/93
- Gender: Male
- Nationality: Indian
- Marital Status: Married
Disclaimer
I, MUHAMMED AJMAL KM, hereby declare that the information contained herein is true and correct to the best of my knowledge and belief.
Timeline
Deputy Manager- Revenue Recognition(AR)
Hexaware Technologies Limited
06.2021 - Current
Senior Process Executive- Accounts Payable
Cognizant Technology Solutions
01.2019 - 03.2021
ARTICLE/AUDIT ASSISTANT
CA- ARTICLESHIP
07.2014 - 07.2018
CA- Inter -
INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
Bachelor of Commerce - Finance
UNIVERSITY OF CALICUT