Paras Kaushik
Accounting & Finance Professional
New Delhi
Summary
Experienced accounting and business finance professional with over a decade of expertise in financial reporting, variance analysis, and business finance. Proficient in month-end close, reconciliations, P&L management, and ensuring regulatory compliance. Demonstrated success in streamlining processes, improving financial accuracy, and fostering cross-departmental collaboration to facilitate business growth.
Overview
15
15
years of professional experience
2014
2014
years of post-secondary education
1
1
Certification
Work History
Sr. Accountant II
HashiCorp
02.2025 - Current
- Prepared Financial Statements for International entities with the help of consultant at multiple locations.
- Helped in audit for multiple locations across the globe by coordination and prepare of PBC lists provided by auditors.
- Reconciled accounts and created documents for monthly closure procedures.
- Updated and analyzed general ledger with latest entries.
- Completed year-end closing processes with controllers and external auditors.
Sr Accountant II
HASHI CORP INDIA PVT. LTD
04.2022 - 01.2025
- Review and processing Journal entries.
- Understanding of payroll accounting and processing of payroll journal on monthly basis.
- Handling of end-to-end accounting of variance locations like Canada, Australia, Germany & Netherlands, Japan etc.
- Closing & Reporting of books on monthly and quarterly basis.
- Review of flux analysis on monthly basis.
- Intercompany accounting & Transfer pricing on monthly basis.
- GST & VAT filing of month & quarterly return.
- Preparation of financials after every FY close and filing them with the help of consultant.
- Team handling experience of more than 5 years.
- Coordinating with variance stakeholders across the globe.
- Good understanding of IFRS.
- Updating of KPI on quarterly basis and presenting it to management.
Service Manager
WIPRO HR SERVICES PVT. LTD.
01.2021 - 04.2022
- Revenue Recognition in accordance with IFRS 15.
- Collaborate with the sales, operations to develop accurate financial forecasts, track key performance metrics, and drive alignment with business objectives.
- Calculating the average cost as per the head count in the project.
- Revenue forecasting on quarterly basis by getting the head count details from projects managers.
- Preparation of month P&L by allocating the cost as per head count and revenue on billable resources.
- Analysis revenue at each client level for service and product base contract.
- Perform variance analysis between actuals, budgeted, and forecasted figures, providing insights to senior management on areas of concern and opportunities for improvement.
- Updating dashboards on project manager level to give gross margin to leadership team.
Accounting Supervisor
NTT DATA GLOBAL DELIEVERY SERVICES PVT. LTD.
11.2013 - 01.2021
- Month end Closing and Reporting - Review and processing Journal entries (Accruals, Prepayments, Provision, Overhead cost allocation etc.)
- Bank Reconciliations - Reconciliations of Bank Statement with GL, Working on Open items related to AP, AR and other GL and IC entries.
- Preparing and reviewing monthly Balance Sheet reconciliation.
- Prepare and review P&L and BS variance analysis.
- Inter-company - IC entries, reconciliation, IC settlement and reporting.
- Lease Accounting - Setting up lease in accordance with IFRS16, posting in lease accounting entries in SAP.
- Reviewing and preparing of intercompany ageing and reviewing IC settlement form to ensure correct intercompany settlement.
- Fixed Asset - Approval of PR, Capitalisation of Asset, monthly Depreciation Run, FA roll forward reports, capex details reports.
- Handling audits and maintaining compliance requirements on time with 100% accuracy.
- Review all RTR SOP's (Standard Operating Procedures).
- Conduct monthly one on one session with peers.
Sr. Practitioner Finance & Accounts
IBM GLOBAL PROCESS SERVICES PVT. LTD.
04.2012 - 11.2013
- Posting of accrual, provision and month end journal entries in SAP.
- Preparation of balance sheet reconciliation after month end activities.
- Preparation of month-end reports like Intercompany debtor confirmation, work in progress report.
- Uploading of trial balance and sales by GEO location report after month end in Hyperion.
- Depreciation run for fixed assets after month close.
- Coordinating with clients for unreconciled open items in balance sheet.
Sr. Analyst - Financial Accounting
AMERICAN EXPRESS INDIA PVT. LTD.
01.2010 - 12.2011
- Posting of cash entries at every month end process in Oracle.
- Preparation of reconciliation at every month end to reconcile the general ledger and sub ledger.
- Identifying of open items and mapping them in sub ledger to reconcile the general ledger with subledger.
- Preparation of various MIS reports like budget utilization for weekly reporting.
- Validation of accounts on weekly basis.
- Giving marketing role to marketing manager to create new campaign in Ariba Buyer.
- Posting of cash entries on daily basis.
- Reconciliation of cash postings on daily basis.
- Posting of creditor's invoice.
- Setting of suppliers as Vendor into Tramps for payments purpose.
- Updating trackers on excel sheets to maintain record on daily basis.
- Communicating with property manager for sorting out queries on weekly basis.
Education
MBA -
Guru Gobind Singh Indraprastha University
M.COM - undefined
Maharishi Dayanand University
BBA - undefined
Guru Gobind Singh Indraprastha University
Skills
Financial statement analysis
Knowledge of IFRS 15 and ASC 606 compliance
Intercompany
GST & VAT Return
Lease Accounting as per IFRS 16 & ASC 842
Forecasting & Variance Analysis
Fixed Assets Accounting
P&L Reporting
Tax Compliance & Auditing
Team Management
ERP Systems (SAP, PeopleSoft, NetSuite, QuickBooks)
General Ledger Accounting
Certification
IFRS Certificate from KPMG
Timeline
Sr. Accountant II
HashiCorp
02.2025 - Current
IFRS Certificate from KPMG
01-2025
Sr Accountant II
HASHI CORP INDIA PVT. LTD
04.2022 - 01.2025
Service Manager
WIPRO HR SERVICES PVT. LTD.
01.2021 - 04.2022
Accounting Supervisor
NTT DATA GLOBAL DELIEVERY SERVICES PVT. LTD.
11.2013 - 01.2021
Sr. Practitioner Finance & Accounts
IBM GLOBAL PROCESS SERVICES PVT. LTD.
04.2012 - 11.2013
Sr. Analyst - Financial Accounting
AMERICAN EXPRESS INDIA PVT. LTD.
01.2010 - 12.2011
M.COM - undefined
Maharishi Dayanand University
BBA - undefined
Guru Gobind Singh Indraprastha University
MBA -
Guru Gobind Singh Indraprastha University