Parag R. Kulkarni
Accounting Analyst
Pune,India
Summary
Enthusiastic Accounts Analyst RTR - eager to contribute to team success through hard work, attention to detail and excellent organizational skills. Clear understanding of General accounting and well versed with specialized software. Motivated to learn, grow and excel in Industry
Overview
9
9
years of professional experience
5
5
years of post-secondary education
Work History
Accounts Analyst
Eaton Technologies private limited
Pune, Maharashtra
03.2017 - Current
- Compare cash receipts and disbursement activity on General ledger and book Journal entries accordingly like Cash Sweep transactions.
- Preparing Various transactions like Bank charges, Interest, FX, MTM, Anticipatory Hedging at month / quarter end.
- Preparing various accruals at month / quarter end.
- Prepare and provide the bank reconciliations and supporting documentation to the Treasury, Financial Accounting, Payroll, Accounts Receivable and Accounts Payable Departments as well as to Divisions for the purpose of clearing reconciling items as necessary.
- Analyze and understand numbers to drive resolution of open items in the reconciliation.
- Trace reconciling items from the general ledger back to originating entries and evaluate the validity of correcting entries with the transaction originator.
- Provide assistance in the resolution of issues related to cash transactions, requiring the ability to effectively research transactions and recognize procedural and other errors.
- Collect and coordinate, on a monthly basis, bank statements and related supporting documentation from banks, Divisions and internal Accounting Departments. Includes the need to use on-line banking systems to obtain and investigate bank account information.
- Provide assistance in the escheatment process by the coordination, identification and proper resolution of old outstanding checks.
- Ability to understand numbers, interpret and analyze results to drive resolution of open items in the reconciliations.
- Ensure Z-7 policy of Eaton financial policy for electronic audit.
- Coordinate and assist with interim and year end Ernst & Yong testing of general ledger balances
- Train new members on the Cash Management process.
- Perform Month end closing activities of sites in scope, where we perform activities like revaluation run, depreciation run, auto clearing GL Subledger reconciliation for AP, AR, Material. involves various reports to extract and submit to Finops.
Accounting Associate
WNS Global Services
Pune, Maharashtra
10.2015 - 02.2017
- Preparation of monthly BS reconciliation, providing the reasoning to all the open items, rigorous follow up and analysis for old aged items, get it approved.
- Preparation of monthly SOX compliance audit documentation for write-off and Scrapping, checking for the approvals for write-off and Scrapping transitions, follow-up for missing approvals. Get the documentation approve.
- Daily check on intermediate accounts in scope, daily clearing of those items, keeping the follow-up with related teams like accounts payable, Business group controller etc.
- Inventory Devaluation: run inventory devaluation draft proposal in SAP and prepare documentation for client review.
- Preparing the Devaluation consolidation file getting it approved, and Prepare and post monthly inventory deval journals.
- Monthly analysis of material prices and then updating of Moving Average Price (MAP) in SAP
- Responsible for Month end, Quarter end and year end activities. This involves the preparation of various accrual and deferrals journals.
- Preparing the various journals based on the inventory reports received from client.
- Processing of various Ad-hoc requests from the clients. Mostly these requests involve the write-off, write-on, preparing ad-hoc journals etc.
Assistant Accountant
Infosys BPO Ltd
Pune, Maharashtra
03.2013 - 10.2015
- Processing of bank statements, keeping the eye on any differences in balances.
- Preparing bank recon’s
- JV preparation, and posting in SAP
- Maintenance of intermediate accounts in scope, clearing as and when required.
- Preparation of Internal control reports like ICS and BSAR.
- Processing of return and rush payments.
- Batch processing and error corrections in batch processing.
- Uploading the files for consolidation,
- Month end closing activities, like sub ledger and GL closure, cycle processing;
Education
MBA - Finance
CSIBER
Kolhapur 06.2009 - 05.2011
B.B.A. -
V.P. Institute of Management - Shivaji University
Sangli 06.2006 - 03.2009
Skills
General ledger accounting
Account Reconciliation
Financial and operational reporting
SAP expertise
Multitasking Abilities
Good Microsoft Excel skills
Timeline
Accounts Analyst
Eaton Technologies private limited
03.2017 - Current
Accounting Associate
WNS Global Services
10.2015 - 02.2017
Assistant Accountant
Infosys BPO Ltd
03.2013 - 10.2015
MBA - Finance
CSIBER
06.2009 - 05.2011
B.B.A. -
V.P. Institute of Management - Shivaji University
06.2006 - 03.2009