PRAYUSH PRAKASH
GURGAON,HR
Summary
A Controllership Associate with 3 years of experience in finance, specializing in financial reporting and regulatory compliance. Adept at managing month-end close processes, reconciling accounts, and analyzing financial statements to ensure accuracy and efficiency. Strong skills in financial systems, data analysis, and collaborating with cross-functional teams to optimize financial operations. Proven ability to support internal audits and maintain compliance with corporate and industry standards.
Overview
3
3
years of professional experience
Work History
Controllership Associate
Ameriprise Financial Services, LLC
06.2023 - Current
- Perform accounting functions related to accrual of expenses, prepaids setup, interest capitalizations on borrowing, manual amortizations, creation of reserves against impairment of assets, allocation of prepaid amortization charges on monthly basis.
- Prepared reportings on capital charges for internally developed software projects for North America and EMEA region and sending such reports to Business Unit Controllers as part of SOX compliance on monthly basis.
- Preform Balance Sheet Reconciliation for prepaid expenses accounts, Construction in progress for software charges account etc. and taking regular action on clearance of exception items.
- Approval of invoices related to fixed assets/prepaid expenses in ARIBA tool as per the organization policy.
- Perform Capitalization/registration of assets, assets disposal, cost adjustments, depreciation analysis as per business requirements.
- Responsible for managing the prepaid module in Workday and creating amortization schedules for all prepaid invoices in Workday for entire North America, EMEA region.
- Managed prepaid amortization runs in efficient manner on monthly basis.
- Regular updation of control trackers in order to ensure the completeness of deliverables on timely basis.
- Participated in standardization of process and continuously worked on process improvement initiatives in collaboration with different teams.
Analyst - Credit Control & Premium Accounting
AXA XL, a Division of AXA
10.2021 - 05.2023
- Cash processing of different Operating Business Units following internal audits and financial internal control guidelines.
- Monitoring of premiums that fall due or overdue
- Account reconciliation and resolution of issues in coordination with internal parties.
- Send monthly broker statements.
- Collection through statement generation, reminders and follow-up with various departments.
- Settlement of Coinsurers dues and other payables.
- Ledger reconciliation
- Liaising with team responsible for Premium Booking and resolving discrepancies.
- Preparation and review of reports and dashboards for internal and external stakeholders
Education
Post Graduate Diploma in Management-PGDM Finance -
Jaipuria Institute of Management, Lucknow
Lucknow01-2021
Bachelor of Commerce (Honors) -
Banaras Hindu University, Varanasi
Varanasi01-2017
Intermediate - 12th -
Nirmala Convent Senior Secondary School
Renukoot01-2014
Matriculation - 10th -
Nirmala Convent Senior Secondary School
Renukoot01-2012
Skills
- Account Reconciliation
- Advanced Excel
- Adaptable and Flexible
- Analytical and Research Skills
- Client Management
- Financial Reporting
- Financial Data Analysis
- Month End Reporting
- Office 365
- Team Handling
Accomplishments
- Platinum Award
- Gold Award
- Pat on the back
- President - Corporate Social Responsibility
Timeline
Controllership Associate
Ameriprise Financial Services, LLC
06.2023 - Current
Analyst - Credit Control & Premium Accounting
AXA XL, a Division of AXA
10.2021 - 05.2023
Post Graduate Diploma in Management-PGDM Finance -
Jaipuria Institute of Management, Lucknow
Bachelor of Commerce (Honors) -
Banaras Hindu University, Varanasi
Intermediate - 12th -
Nirmala Convent Senior Secondary School
Matriculation - 10th -
Nirmala Convent Senior Secondary School
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