Naveen Jha

• Transitioning of New process relating to one of the Global brand to Accenture
• Knowledge transfer from the existing employee to implement in process post Go-Live.
• Following regulation for "Revenue from Contract with Customers"
• Preparation of Balance-sheet reconciliation and clearing out old aged items from Deferrals and Accrual Accounts
• Managing waterfall reports for Deferrals spread
• Preparation and Posting of Journal entries on the Revenue Recognition Memo

Experienced in a comprehensive range of finance disciplines, with a specialized focus on re-insurance accounting and financial reporting. Skilled in managing intricate financial processes and ensuring compliance with IFRS standards.

Key competencies include:

⦁ Payroll and Bonus Provisioning: Expertise in payroll accounting, including salary, bonus, and leave provisioning, ensuring accurate financial reporting and compliance with regulatory requirements.

⦁ Intercompany Accounting: Proficient in managing intercompany transactions, including cost recharge and income provisioning, meticulously handling transfer pricing considerations to optimize cash flow and currency management.

⦁Unearned Premium Reserve: Diligently records unearned premium reserves to accurately reflect income, particularly crucial in the insurance sector where revenue recognition aligns with policy periods.

⦁Accruals and Prepaid Accounting: Ensures timely recognition of expenses through provisions for accrued expenses and prepaid accounting, accurately aligning expenditures with their respective periods.

⦁ Sales Provisioning and Balancesheet Reconciliation: Manages sales provisioning for invoicing by AR teams, ensuring accurate profit reporting and effective balance sheet reconciliation for all GL accounts, emphasizing thorough documentation and resolution of outstanding items.

⦁ Financial Reporting and ECCS Upload: Proficient in preparing and validating financial data for headquarters reporting via ECCS upload, resolving intercompany discrepancies to ensure accurate and compliant financial reporting.

⦁ Re-Insurance Accounting IFRS-16: Skillfully manages re-insurance policies, recording policy details, premiums, and coverage terms accurately in accounting systems, ensuring adherence to regulatory requirements.

⦁Financial Reporting Compliance: Prepares comprehensive financial statements and reports reflecting re-insurance assets, liabilities, income, and expenses, ensuring adherence to GAAP or IFRS standards for accurate external reporting.

• Variance Analysis : Variance analysis of different accounts of GRP to find any irregularity in income recognition or expenses or any other area

Initially for one year was in Accenture on the Contract Basis, after that got permanent on their payroll. Following were the tasks that I was handing over there

• Invoice processing on the basis of tax invoice

⦁ Check all the invoices with all the check points

⦁ Applicability of Delegation of Authority while processing Travel Expenses, Tax Invoices, & Advance payment.

⦁ All types of Payments

⦁ Meeting the TAT and ensuring on time delivery

⦁Preparation of monthly GSTR-1 return only for RCM transition. ⦁ Preparation of monthly GSTR-2 return on monthly basis and giving it to the client for the filling and analysing the return if there are some reversed transactions, then making sure to delete it from the sheet as well.

⦁Preparation of Quarterly TDS returns, and verifying it with monthly TDS returns. If there are some errors in monthly return like PAN no. not filled or filled incorrectly then making sure it is given correctly in quarterly