Prateek Kapoor
Group Manager
Faridabad
Summary
As a Chartered Accountant with 9 years of postqualification experience, I specialize in Financial Reporting, Budgeting, Forecasting, Variance Analysis, Corporate Financial Planning and Analysis, and MIS Reporting. I have a proven track record in preparing Annual Budgets, forecasting trends, and monitoring Variance Analysis for MIS and Management Reporting. Additionally, I excel in coordinating with internal teams for strategic plans, budget preparation, and financial forecasting. I am adept at developing and updating financial management policies and procedures and am skilled in preparing comprehensive Financial decks to report business performance to stakeholders.
Overview
9
9
years of professional experience
2
2
Certifications
2
2
Languages
Work History
Group Manager
WNS
08.2023 - Current
- Prepared monthly Revenue forecast pipeline for BFS portfolio of 30 clients
- Collaborated with stakeholders to prepare rolling forecasts by integrating revenue, headcount, seats, and upcoming deals data
- Conducted comprehensive variance analysis of Revenue, Direct cost, SGNA, and provided critical commentary for budget vs actuals, forecasts vs actuals, pricing vs actuals, quarter on quarter, and year on year levels
- Participated in the yearly budgeting exercise at the client level and set targets for the next year for revenue and margins
- Ensured compliance with contractual commitments outlined in MSA/SOW/CR signed with clients
- Evaluated and approved contractual and non-contractual productivity initiatives
- Coordinated with treasury to prepare Cash flow statements for different entities and assessed fund requirements
- Assessed seat requirements for upcoming deals in consultation with WFM and operations leaders
- Prepared monthly revenue, cost journals, deferment and amortization schedules, and reclass entries
- In accordance with IFRS 15
Assistant Manager F&A
Genpact
04.2021 - 08.2023
- Prepared and reviewed journals for month end accounting
- Substantiated accounts and reconciled accounts payable, accounts receivable, and stocks
- Identified shortages and overages in stock within the warehouses
- Synchronized stock levels in different ERPs to eliminate discrepancies
- Participated in a transformation project for deploying a new ERP in the organization
Financial Associate
RBS - Royal Bank Of Scotland
10.2018 - 04.2021
- Prepared journals, reviewed, and reconciled accounts for month-end accounting
- Ensured correct legal entity usage in journal preparation and review, aligned with RBS Group legal entity structure to optimize financial compliance
- Conducted inter-company reconciliations and substantiation, ensuring compliance with contra account usage requirements and minimizing discrepancies
- Generated accurate disclosures for Quarterly/half-yearly/Annual financial reporting, contributing to smooth audit processes
- Produced monthly rolling forecasts for business intelligence teams, aiding in strategic decision-making
- Ensured timely delivery of regulatory returns to UK regulators, maintaining a 100% compliance rate with reporting deadlines
- Uphold the integrity of monthly financial information, including balance sheet, profit and loss account, and data for statutory reporting, resulting in error-free financial reporting
- Provided value-added commentary and analysis for the supported division, offering actionable insights to drive financial performance
- Managed Fixed Assets accounting, Project accounting, and Legal entity recharge accounting, streamlining processes and improving data accuracy
- Assisted in implementing new ERP accounting software, enhancing efficiency and reducing processing time
FPNA- (Assistant Manager)
Concentrix Daksh Services India Private Limited
04.2016 - 10.2018
- Enforced adherence to financial policies and procedures according to contracts, MSA/SOWs/PCRs
- Conducted detailed variance analysis on financial statements/forecasts, comparing Actual vs Forecasts, Previous Month vs Current Month, Current Quarter vs Next Quarter, and Pricing case vs forecasts
- Prepared comprehensive Costs & Headcount reports, consistently meeting strict deadlines
- Developed Business Management review reports/decks for financial discussions with senior team members, providing detailed commentaries and presentations addressing various financial inquiries related to project statements
- Reviewed financials daily and thoroughly investigated any unusual postings, comparing actuals to Budget/Forecasts/Prior period forecasts, and escalating issues to the finance/delivery teams
- Collaborated with other teams to reassess budgets and pricing cases, identifying deficiencies, and implementing improvements
- Executed Month End Journals, including Revenue Accruals as per IFRS 15, Amortisation, and verification of Intercompany entries for settlement among related group entities
- Managed monthly & quarterly books close processes, encompassing accrual, deferment, amortization, reclassification entries, Bank reconciliations, Fixed assets processes, Invoicing processes, and MIS generation
- Spearheaded the Billing Process, ensuring accuracy as per signed contracts, contributing to a 15% improvement in billing accuracy
AP- Accounting Specialist
OSC Services Pvt Ltd (payroll-Quess Corp)
12.2015 - 04.2016
- Management of Finance Operations, Vendor Management, Accounting Services and Associated statutory Compliances
- Studying Global invoices and ensuring Supplier set-ups and Banking Information updates
- Working on various supplier set-ups update reports using Peoplesoft, Ms-Excel, Oracle Softwares Etc
- Ensuring closing and reopening of dormant Accounts in Oracle Software
- Resolving process Queries and ensuring changes to processes are applied
Education
CA - undefined
Institute of Chartered Accountants of India
B.Com - Commerce
Delhi University
OtherXIIth - English
CBSE
Xth - English
CBSE
Skills
Forecasting
Budgeting
Strategic Planning
Procurement Management
Financial Analysis
Finance control
Finance Planning And Analysis
Manager
Oracle
SAP
EPM
Smartview
SAGE
Cash Flow Statement
Variance Analysis
MS Office
Presentation
Certification
Information technology training from ICAI
Timeline
Group Manager
WNS
08.2023 - Current
Assistant Manager F&A
Genpact
04.2021 - 08.2023
Financial Associate
RBS - Royal Bank Of Scotland
10.2018 - 04.2021
FPNA- (Assistant Manager)
Concentrix Daksh Services India Private Limited
04.2016 - 10.2018
AP- Accounting Specialist
OSC Services Pvt Ltd (payroll-Quess Corp)
12.2015 - 04.2016
CA - undefined
Institute of Chartered Accountants of India
B.Com - Commerce
Delhi University
XIIth - English
CBSE
Xth - English
CBSE