Nitish Kumar
Bangalore
Summary
Dynamic finance professional with extensive experience at CSC Global, Accenture Services Pvt Ltd, specializing in General Ledger operations and effective team leadership. Demonstrated expertise in driving efficiency improvements and financial accuracy through the innovative use of ERP tools such as SAP S4 HANA and Oracle R12. Noteworthy accomplishments include significant process automation that enhanced reporting capabilities and ensured compliance with IFRS/US GAAP standards. Committed to leveraging financial acumen to optimize business processes and contribute to organizational success.
Overview
12
12
years of professional experience
Work History
Accounting Manager- Accounts and Finance
CSC
Bangalore
11.2023 - Current
- Led the management of an R2R team comprising 15 members in Cayman Island US.
- Conducted monthly balance sheet and profit & loss review.
- Facilitated discussions on process challenges, priorities, KPI metrics, and SLA requirements during monthly meetings with global leaders.
- Organized and managed activities for successful transitions within operations team.
- Oversaw automation and transformation projects.
- Oversaw team engagement activities, rewards and recognition programs.
- Analyze balance sheet reconciliations to identify risk items.
- Generated financial statements including P&L and Balance Sheet adhering to IFRS/US GAAP.
- Prepared adjusting transactions after reconciling account balances and researching discrepancies.
- Ensure accuracy and completeness of financial records by clearing open items.
- Assisted in audits, ensuring completion and accuracy.
- Coordinated and processed monthly entries for adjustments like accruals, prepaids, deferrals, reclasses.
- Supported audits for GL transactions.
- Oversaw financial reporting activities ensuring accurate monthly closings of AP, AR, and GL.
- Handled accounting problems faced by the team effectively.
- Ensured accuracy in tracking and maintaining fixed asset ledger.
- Ensured compliance with accounting policy by collaborating with P2P and AR.
- Enhanced efficiency, accuracy, and compliance with IFRS/US GAAP by improving financial accounting and reporting processes.
Assistant Operations Manager
Accenture Services Pvt Ltd
Bangalore
12.2020 - 11.2023
- Oversaw more than 15 staff members involved in the R2R process.
- Managed rewards and recognition programs.
- Organized discussions to resolve issues, enhancing overall work environment.
- Tracked team performance and provided continuous feedback.
- Generate and analyze monthly MBR for review with GPM.
- Collaborated on high-level reviews and decisions within the Executive Review Board's quarterly meetings.
- Developed performance summary decks and discussed process challenges during monthly reviews.
Team Lead
Accenture Services Pvt Ltd
Bangalore
11.2015 - 12.2020
- Prepared detailed operations reports both daily and periodically.
- Tracked team performance, providing regular updates on progress.
- Performed routine evaluations on team performance and communicated outcomes.
- Assessed training needs and delivered targeted coaching sessions.
- Encouraged active participation among team members.
- Managed and mitigated team conflicts through effective communication.
- Conducted organizational efforts for employee engagement initiatives.
- Assessed cost differences between budget and forecast for leaves, expense claims, and overtime.
- Audited financial records to identify and resolve open items on the balance sheet.
- Assessed scheduled activities within Prepaid/Accruals journals.
- Generated detailed flux analysis for monthly and quarterly P&L impacts.
- Created detailed desktop procedures (DTP) for various OPEX documents.
- Managed accrual process for time and expenses of all Temp employees.
- Handled concur accrual for expenses submitted by employees and temporary staff.
- Analyzed Gtrack input trix reports for data consistency.
- Prepared comprehensive PowerPoint decks to summarize all regional level reports for monthly closing sessions.
- Reviewed APAC, EMEA, and America balance sheet close package reports.
- Designing Blackline unassigned accounts framework and distributing reconciliation tasks to reviewers.
- Eliminated open items older than 90 days through regular follow-ups with reconcilers and clients.
- Produce monthly depreciation postings and yearly account reports for management.
- Scrutinized and ensured precise journal entries.
- Achieved time savings and enhanced process efficiency by implementing GL Journals automation.
- Spearheaded Operational Excellence Audit utilizing control charts, HLPM, DLPM, VSM, internal controls and We Accenture Ideas.
- Saved 80 hours per month by automating the Google Oracle amortization tool (GOAT) with teamwork.
- Streamlined procedures resulting in significant time savings and improved cost management.
- Transformed process documentation to digital formats.
- Automated Blackline GL Reconciliation files using BOT, achieving an 80% success rate.
Assistant Manager (Finance&Stores)
New Bhopal Textiles Mills
Bhopal
02.2013 - 11.2015
- Supervised more than 10 team members within the R2R process division.
- Developed and managed activities to enhance team engagement and morale.
- Compiled and managed inventory stock reports, overseeing tenders and procurement of store inventory.
- Directed the completion of income tax filings, TDS returns, service tax submissions, and scrutiny evaluations.
- Executed month-end reporting tasks.
Education
CA Inter -
01.2012
MBA -
01.2011
B Com -
01.2009
Skills
- General Ledger
- Accounts Receivable
- Strong communication
- Effective Troubleshooting
- SAP S/4HANA Proficiency
- MS Office
- SAP S/4 HANA/ Oracle R12
- Lucid Chart
- Blackline
- Profit and loss monitoring
- IFRS and GAAP requirements
- Month-end reporting
- Closing procedures
- Payroll management
- Expenditure review
- ERP systems expertise
- Quarterly reviews
- AP/AR supervision
- Staff management
- Internal controls
- Fixed asset management
- General ledger accounting
- Month-end closing
- Year-end closing
- Journal entries
- SOX compliance
- Process management
- Operations management
Accomplishments
- Best Support in Oracle-R12/SAP testing
- Best Ideas generator awarded in 06/01/19 (2.5FTE hr.’s saved)
- Star Award for best idea generator for JE Automation
Languages
English
First Language
English
Upper Intermediate (B2)
B2
Hindi
Upper Intermediate (B2)
B2
Punjabi
Intermediate (B1)
B1
Timeline
Accounting Manager- Accounts and Finance
CSC
11.2023 - Current
Assistant Operations Manager
Accenture Services Pvt Ltd
12.2020 - 11.2023
Team Lead
Accenture Services Pvt Ltd
11.2015 - 12.2020
Assistant Manager (Finance&Stores)
New Bhopal Textiles Mills
02.2013 - 11.2015
CA Inter -
MBA -
B Com -
Projects
GL Journals Automation Leading the operational Excellence Audit Automation of project
GOAT VSM: Simplification of Processes Digitization of Process documentation Blackline GL Reconciliation files Automation via BOT Project N3Q: Sap implementation (transition from Oracle r12 to SAP)
Visited Dublin for a successful transition of critical operating expense processes to Bangalore DC.
Led automation retrofitting and knowledge transfer to team during Oracle R12 to SAP S4 HANA transition.
Streamlined inventory and financial management by adopting the Tally ERP system for store accounting.
Led critical aspects of the Spinning project setup, including procurement and compliance with government regulations.
Personal Information
Date of Birth: 08/01/88
Professionaloverview
Accounting professional with over 15+ years of experience in accounting and finance, including 3 years of CA training. Skilled in preparing financial statements, performing reconciliations, providing audit support, and driving process improvements. Proven track record of successfully transitioning critical processes, leading teams in R2R operations, and enhancing the accuracy of financial reporting. Seeking an Accounting Manager position where I can leverage my expertise to support financial objectives and ensure compliance., Operation Management, General Accounting, People Management and leadership, Client management, Reporting & Automation, Project Transitions
References
References available upon request.
Languages
- English
- Hindi
- Punjabi
Projects
GL Journals Automation Leading the operational Excellence Audit Automation of project
GOAT VSM: Simplification of Processes Digitization of Process documentation Blackline GL Reconciliation files Automation via BOT Project N3Q: Sap implementation (transition from Oracle r12 to SAP)
Visited Dublin for a successful transition of critical operating expense processes to Bangalore DC.
Led automation retrofitting and knowledge transfer to team during Oracle R12 to SAP S4 HANA transition.
Streamlined inventory and financial management by adopting the Tally ERP system for store accounting.
Led critical aspects of the Spinning project setup, including procurement and compliance with government regulations.
Personal Information
Date of Birth: 08/01/88
Professionaloverview
Accounting professional with over 15+ years of experience in accounting and finance, including 3 years of CA training. Skilled in preparing financial statements, performing reconciliations, providing audit support, and driving process improvements. Proven track record of successfully transitioning critical processes, leading teams in R2R operations, and enhancing the accuracy of financial reporting. Seeking an Accounting Manager position where I can leverage my expertise to support financial objectives and ensure compliance., Operation Management, General Accounting, People Management and leadership, Client management, Reporting & Automation, Project Transitions
References
References available upon request.
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