PARAG JAIN

• Currently working as a Tower lead for Treasury Accounting.
• Ensuring 100% SLA’s with gaining client confidence.
• Handled various RFPs of new clients for Genpact and help them to convert in final deal.
• Worked with internal or external auditors and provided all the information as per their requirements and also serving as the first point of contact from offshore.
• Share the updates with progress report to onshore over the Dashboard Call every month.
• Make sure all cores, reports, and reconciliations must be completed on time and comply with legal policies and procedures.
• Maintain 100% cross training within the team members and confirming healthy environment.
• Help the team in finding NVA items in each activity and automate all the manual efforts. Also work with digital team in finding the way to automate the activities through Python.
• Conduct monthly meetings regarding goals and tasks for each team member and ensuring the right path towards their achievement.
• Ensuring quality of work by allocating workloads to each individual based on their ability and interest.
• Maintain friendly working environment within the team members and minimize the risk of attrition in account
• Apart of the process, handling the training team for the entire floor who runs grooming sessions for new joiners to make them familiar and comfortable.
• Also handle the client engagement team who takes care of welcoming, managing and taking care of onshore clients during their visit at our place.

• Working as Service Delivery Manager in GENPACT INDIA PVT LTD, Noida, U.P (Banking Profile)
• Support Treasury teams in implementation of new ERP system from SUMMIT to SIMCORP

• INVESTMENT ACCOUNTING:
• Handled Accounting for all Investment bonds from the date of purchase till sale /maturity according to FAS115 guide lines.
• Research for all the variances and approving of all accrual & adjustment journals into the system.
• Preparation and posting of deferred tax adjustment entries for all investment activities.
• Transitioned OTTI (Other Than Temporary Impairment) activity from onshore and successfully deliver from offshore side.
• Reviewing of Fair Value, P&L & Roll-forward analytics on monthly basis for the preparation of footnotes.
• Finalization of all Investment footnotes for the submission of 10Q & 10K SEC filling on quarterly & yearly basis.
• Reviewing of Regulatory (Reg Ledger) entries and Reconciliation on the basis of the requirements of Regulators.
• SECURITIZATION INVESTOR REPORTING:
• Handling end to end securitization process related to Credit Card & Loan with 6 team members.
• Validation of all the reports with GL balances and reviewing all the templates for the finalization of figures including PDF tagging.
• Manually upload the final figures of each trust in Wdesk (Workiva) for the finalization of 10D every month.
• Handling issuance & maturity of notes with proper adjustment in the filling process and report to the LOB.
• Responsible for all the SEC EDGAR & 10D live postings at business site.
• Discussion on each trust with onshore on every determination day and showcase the health of each trust.

• Worked as a Senior officer in WIPRO LTD, Delhi (F&A Backend Loan Profile)

FIXED ASSEST ACCOUNTING:

• Creation and Deletion of asset in the book of accounts.
• Handle ownership of running capitalization every month with full validation on all assets in the system.
• Preparation of reconciliations and roll forwarding files every month.
• Preparation and posting of adjustment entries for all assets.
• Research for the reason of variances and discuss with Client over dashboard calls.

INVENTORY RECONCILIATION:

• Reconciliation of Inventory Accounts between GL to SL.
• Work with different regions for the validation of accounting methods.
• Prepare analytics report for Inventory accounts and discuss with LOB over monthly calls.
• Work as a Budget Approver and approving all purchase requisitions.
• Verification of Accounting fields and other standards on PR (Purchase Requisition)
• Verification of approval hierarchy as per Schedule of Authorization (SOA) for each.
• Raising and settling of ad hoc queries relating to invoices.
• Monitor the M@RS Budget Approvals Mailbox
• Answer Customer Inquiries and correct any M@RS errors.

• Worked as a Account Officer in FUTURE CAPITAL, Delhi (F&A Backend Loan Profile)
• Developed management tools to quantify, measure and monitor work processes.
• Analysed financial information (e.g. Financial Statement, Interest Payments etc.).
• Followed up on payment and collections activity.
• Developed management reports (Accounts Receivables, Accounts Payable etc.) and taught accounting clerks how to operate them.
• Recorded transactions on network database; maintained General Ledger; handled month-end-closings; assisted with employee training.
• Communicated daily status reports to Head Supervisor and other senior supervisors.
• Monitoring the availability of funds and expected funds.

• Worked with MUTHOOT FINANCE as an Account In charge, (Loan Profile – Feb’10 to Feb’11)