Puneet Kumar
Cost And Management Accountant (CMA)
Pune
Summary
Functional: Finance & Accounting Industry: Financial Technology, Banking & Finance Domain: GL Accounting and Reconciliation, Financial Reporting & Controlling, Financial Transformation Competencies: Record to Report, Hyper Automation-Admin for B/L recons, Team Management, Vendor Management, Process Standardization, P&L & Business Segment Review
ERP: Hyperion Financial Management (HFM) Reporting Tools, Oracle & Oracle Essbase Reporting Tools, Blackline and ARCS, SAP S/4 HANA
Cost & Management Accountant (ICWAI) professional with 15 years of experience with a strong academic foundation presently working at Accenture solutions India Pvt Ltd., Pune. Seeking opportunities related to G/L Accounting & Reconciliation, R2R, FP&A and Financial Reporting activities.
Overview
16
16
years of professional experience
Work History
Controllership Specialist
ACCENTURE SOLUTIONS INDIA PVT. LTD.
06.2023 - Current
- Currently holding a position as Hyper Automation Admin Lead for Balance Sheet Reconciliations and Other schedules required for preparing Reconciliations.
- Comprehensive Flux Analysis including P&L analytics and variance analysis (actual vs forecast) to support strategic decision-making.
- Working closely with Internal Auditors to perform various Internal controls (SOX Compliance) for effectiveness and Timely completion of reconciliation Key and Non-Key risk.
- Perform detailed reconciliations of various Tax related workstreams Like Deferred Tax Assets and Liabilities, Vendor Tax Management, withholding taxes and Vat Tax, Revenue Recognition-ASC 606, Payroll Accounting, Intercompany, and other Balance sheet related reconciliations, ensuring all balances are substantiated and aligned with financial reporting requirements.
- Successfully Executed Transitions for various countries like Brazil, Italy Spain, LATAM and Iberia regions for Various GL activities.
- Currently leading a team size of 12 members, directly involved in their transitions, training and performance appraisal.
- Working closely with team members in Trend and Variance analysis and Required Adjustment Open Items closure and their commentary to be presented to the Country controllers and Local Management.
- Working on Various T-Controls for various Blackline reports Like Required Adjustment Open Items, Certification and Pending Status of Recs, Aging Items and Purpose and Procedure reports and Escalation reports to be presented to the Local controllership for further analysis and reporting.
- Processing day to day and month end closing activities of General Ledger Accounts and Financial Statements (R2R accounting).
- Weekly calls with various country controllers for the presentation of various reports, and to understand their requirements and feedback.
Team Lead (Finance)
FIS Global Solutions India Pvt. Ltd.
07.2018 - 06.2023
- Preparing of various journals for Unbilled and Deferred Revenue on monthly basis. Finding and taking actions on actionable items and supplying relevant explanations wherever required, uploading the same in blackline for reviewing and approval of Revenue Manager.
- Review and preparation of various Standard Opex Journals like prepayment, amortization, expense accruals and other Ad-hoc Journals like reversal, reclass and FX clearing of various entries to the correct BUC code.
- Preparing of various journals for Unbilled and Deferred Revenue on monthly basis. Finding and taking actions on actionable items and supply relevant explanations wherever required, uploading the same in blackline for reviewing and approval of Revenue Manager.
- Ad hoc activities such as raising Revenue accruals for new deals which are signed after Billing cut off dates, pending invoices having followed up email with the billers and Audit queries from internal and external Statutory auditors.
- Review and preparation of various Balance Sheet Reconciliations to match the remaining balances as per the invoice with balances in Oracle GL report and trail balance.
- Quarterly Flux Analysis and P/L Trend Analysis of month-to-month Actual V/S Actual comparison to find out the missing entries to be done, incorrect entries posted.
- HFM Consolidation and analysis (ESSBASE Analysis) of Forecast V/S Actual balances to find out the causes of variances and explanation for variances.
- Processing day-to-day and month end closing activities of General Ledger Accounts and Financial Statements (R2R accounting).
- Handling team size of seven members for various GFS and IFS activities, which include performance monitoring, training and development activities, appraisal and performance feedback for yearly appraisals.
- Regular client engagement by way off client calls for monitoring the overall functioning, finding areas improvement and implementing adequate measures to maximize customer satisfaction level.
Team Lead (Finance)
Summit Disclosure Solutions India Pvt. Ltd.
04.2015 - 07.2018
- Worked on the General Ledger and Hyperion Financial Management Reporting.
- Posting of various standard Journals like accruals, amortization, and depreciation, Ad-hoc Journals like Correction journals, recurring entries, parking journals, reversing journals.
- Review of inter-company accruals posted in Oracle system, review of various entries for Payables & Receivables for expenses like audit fees, commission, prepayment, recurring entries, interest and reconciling inter-company loan accounts.
- FX valuation and posting of adjustment entries for different currencies.
- Clearing open items on daily basis and ensure that the SLA should meet every day. Handling Ledger & Sub-ledgers, reconciliation of balance sheet, profit and loss analysis.
- Preparing weekly and monthly reports and dashboards.
- Analysis, reporting and quality control of annual and quarterly financial reports (10-Q and 10K, 20-F, 40-F and 8-K Forms) as per US-GAAP and IFRS and Indian-GAAP pronouncements. Review of Financial Statements and Schedules annexed to financial statements.
- Previously worked with Thomson Reuters, Hyderabad as Lead Analyst (Feb 2015 to March 2015).
Senior Executive (Finance)
RR Donnelley
07.2014 - 01.2015
- Posting of Journals, preparing accruals, loan schedules, month and quarter end activities, finalization of Trial Balance. Posting rectification journals, recurring entries, parking journals, reversing journals.
- Preparing inter-company accrual, create Payable & Receivable for expenses like audit fee, commission, prepayment, recurring entries, interest and reconciling inter-company loan accounts.
- FX valuation and posting of adjustment entries for different currencies.
- Handling Ledger & Sub-ledgers, reconciliation of Balance Sheet & Profit and Loss Analysis.
- Preparing weekly and monthly reports and dashboards.
- Quality Check Trial Balance Reporting & Roll over of financial statements, Ledgers and Sub ledgers with supporting notes.
- (Buy out process from third party vendor Aptara Media Services Pt. Ltd.) previously collaborated with Aptara Media Services, Pune May 2012 to April 2014.
Financial Analyst
IRIS Business Services Ltd.
03.2011 - 04.2012
- Worked on the General Ledger, Financial statements analysis and Reporting - HFM.
- Processing the day to day and month end closing activities of General Ledger Accounts and Financial Statements (Profits& Loss Account, Balance Sheets).
- Preparation, Presentation, Analysis and Reporting of Annual and Quarterly Financial Reports (10-Q and 10-K, 20-F, 40-F and 8-K Forms) as per US-GAAP and IFRS pronouncements.
- Detailed analysis of annual reports of publicly listed companies mostly related to Banking, Insurance and Real Estate companies (Balance Sheets, Operations, Cash Flows and Shareholders Equity) & foot notes (e.g., Inventory, debt, EPS, Fair Value etc.).
Finance Trainee
M/S BATRA AGRAWAL ASSOCIATES
10.2009 - 10.2010
- Preparation of Balance Sheets, Profit & Loss Accounts, Trial Balances, Valuation of Closing Stocks, Quarterly Management Reports, Preparation of Depreciation Schedules as per Companies Act and Income Tax Act.
Education
ICWA Exam (CMA) -
Institute of Cost & Works Accountants of India
India06.2010
Bachelor of Commerce (B. Com) - undefined
CSJM University
Kanpur01.2006
Intermediate - undefined
CBSE Board
Kanpur01.2003
High School - undefined
CBSE Board
Kanpur01.2001
Skills
Stakeholders Management
Team Handling
Quality assurance
SOX Compliance Internal Controls
Month End Closure
Balance Sheet Reconciliations
ACHIEVEMENTS
- Awarded as Best Employee of the Quarter in Q2 2025 by Accenture Solutions India Pvt Ltd.
- Awarded Best Team Awards for Hyper Automation in Q2 20205 By Accenture Solutions India Pvt Ltd.
- Awarded Best Employee in Q2 2024 By FIS Global Solutions.
- Received Q2-2019 best employee award for outstanding performance in FIS Global., Received best employee award two times in Q2-2015 and Q1-2018 for outstanding performance in Summit Disclosures Solutions India Pt. Ltd., Awarded best employee for 2014 in Aptara Corp., Received various appreciations from clients and stakeholders for delivering quality and accurate performance.
Timeline
Controllership Specialist
ACCENTURE SOLUTIONS INDIA PVT. LTD.
06.2023 - Current
Team Lead (Finance)
FIS Global Solutions India Pvt. Ltd.
07.2018 - 06.2023
Team Lead (Finance)
Summit Disclosure Solutions India Pvt. Ltd.
04.2015 - 07.2018
Senior Executive (Finance)
RR Donnelley
07.2014 - 01.2015
Financial Analyst
IRIS Business Services Ltd.
03.2011 - 04.2012
Finance Trainee
M/S BATRA AGRAWAL ASSOCIATES
10.2009 - 10.2010
Bachelor of Commerce (B. Com) - undefined
CSJM University
Intermediate - undefined
CBSE Board
High School - undefined
CBSE Board
ICWA Exam (CMA) -
Institute of Cost & Works Accountants of India