Paras Chauhan

Involved in remote transition from Hong Kong

• Summary Preparation of DCR clearing, showing the cleared balance, and left out balance with next course of action

• Processing monthly journals of goods/invoices receipts (GRIR) for trade and affiliate portion and preparation of summary where it shows the comparative analysis between current and prior period, reasons for increase in AP balance

• Involved in processing of GIT accruals for US entity with multiple trading partners based on current AR statement

• Performing Balance sheet reconciliation for US entities

• Consistent follow up with different teams on open transactions in recons

• Engaged in monthly governance calls with clients/controllership for open points related to clearing, Payments, accruals, and other issues

• Assisting team on various issue related out of balance of accounts, Issues in invoices and payment queries

• Key role in resolving Out of balance during month, following with controllership, trading partner (s) to resolve it in appropriate time

• Developing detail SOP documentation of the process and meeting complex ad hoc request in turnaround time

• Handled day-to-day accounting processes to drive financial accuracy.
• Improved data collection, financial analysis and financial modeling to optimize practices and retain customers.
• Maintained integrity of general ledger and chart of accounts.
• Provided journal entries and performed accounting on accrual basis.
• Trained new employees on accounting principles and company procedures.

Accomplishments:

Recently, I driven a new project independently related to clearing of accounts, which has been demerged now...initially there were more than 500 items, I cleared all of them with in a short span of time while doing rigorous follow up with different team.

Been appreciated by Business VP and other stakeholders for this key achievement.

• Fixed Assets reconciliation team which is responsible for preparing reconciliation of balance sheet account with sub-ledger vs. general ledger.

• Monthly Calculations of Depreciation and preparing journals

• Asset addition, Transfer, Construction in progress (CIP).

• Categorization of Assets like Furniture, Building Improvement, Non-IT, IT-equipment

• Quarterly Roll forwards of Assets for Reporting.

• Accrual booking at the time of month-end to Match the Assets Register VS G.L.

• Ensuring Proper reclassification of expenses if purchases are not meeting the FA policies. • Expert in Resolving open items with client calls.

• Preparing Reconciliations on Blackline

• Categorization of items in blackline like L, R, T.

• Quality check.
• Bi-Weekly client call to provide update.
  

• Meet S.L.A. and performance targets related to the Record to report process

• Responsible for preparing reconciliation of balance sheet accounts in an automated and semi- automated

environment, posting of various month end journals.

• Preparation of ad-hoc journals as and when requested by client

• Dealing with Daily Reconciliations of GL accounts, Cash & Bank Accounts Etc.

• Performing R2R Activities and month end activities, Balance sheet Reconciliation, preparing Journal Entries and various control schedules.