Summary
Overview
Work History
Education
Skills
Personal Information
Roles And Responsibilities
Timeline
Generic

Puneet Narang

P&I Contract Accounting/Reporting Analyst
South Delhi

Summary

To be a part of organization and to serve the company the best of my abilities by being an active and consistent individual, always seeking a challenging opportunity to enhance my career’s growth with company’s growth

Overview

12
12
years of professional experience
2010
2010
years of post-secondary education
2
2
Languages

Work History

P&I Contract Accounting Analyst (Now reporting Analyst)

British Telecom
05.2017 - Current
  • Managing Major Government Profit and Loss account (Reporting Role)
  • Providing finance analysis and input to support the Group/Unit activity
  • Executing a range of financial analysis, preparation of reports and other finance activities to support Business Area/Unit finance priorities, working across the Finance teams as required
  • Delivering forecasts and budgets (MTP) in line with best practices and the broader business context, using appropriate techniques
  • Analyzing and summarizing financial data into concise financial reports to comply with standards and procedures and identifies data issues that are affecting productivity or compliance
  • Supports all financial reporting cycles with relevant and accurate information, specifically the monthly results (Month End Flash), statutory reports, short term forecasts/budgets(MMF) and the strategic plan
  • Supports in the implementation of ways to improve working processes within area of responsibility and communicate issues and areas for improvement to business unit/area managers such as through supporting resolution of any data issues impacting productivity or compliance
  • Keeps knowledge up to date on emerging trends and changes in financial planning principles and practices, sharing with team members
  • Reduced month-end closing time through streamlined account reconciliations and process improvements.
  • Improved financial reporting timeliness by automating data input and report generation tasks.
  • Handled day-to-day accounting processes to drive financial accuracy.

Senior Associate

Xchanging A CSC Company (Now DXC)
09.2015 - 05.2017
  • Maintaining Invoice Tracker to keep the Billing Up to Date
  • Maintaining Checks on Miscodes of Revenue and Customers accounts and Corrections
  • Performing Accrued and Deferral Calculations
  • Reviewing the Revenue Contracts and Keeping the Revenue Forecast and Budget Updated
  • Keeping the Sync between Revenue Working Files and SAP(Finance Tool) through Reporting Sheets
  • Leading Conference Calls with Account Managers(Onshore Office) of Entity Customers
  • Handling Bank Wise Balance Upload in HFM on a Monthly Basis before HFM Close, Weekly too
  • Tracking Bank Transactions for Cash Forecasting Updation
  • Weekly Submission of Cash In/Outflow Prediction for 12 weeks in HFM
  • Signing off the Bank Reconciliations
  • Reviewing and Preparing Bank Payments
  • Preparing Reporting Files before Rolling Out Final Numbers for OI and Revenue
  • Keeping Regular Checks on Change in Reporting Numbers during Month Ends
  • Reviewing GL Dumps for finding Account Miscodes, Omissions, Errors and their Rectifications
  • Handling Accounting for Accruals related to Pending PR/PO’s and Parked Invoices
  • Processing Journals for Revenue, Cost, Balance Sheet Re-class
  • Reviewing Prepayment Schedules and Postings
  • Reviewing the Depreciation and Forex Run Sheets
  • Provisioning for Restructure, Bad Debt or any General Item
  • Preparing Balance Sheets Schedules
  • Sending Recharges to Other Inter Company Entities before Sub Ledger Close
  • Receiving Charges from Inter Company Entities
  • Approving PR’s in relation to our IC Cost
  • Processing IC Accruals
  • Extracting the IC reports for Sorting IC Differences
  • Posting Direct HFM Journals
  • Keeping Forecast and Budget Up to Date with the most updated IC Charges and Revenue
  • Updating Forecast Templates during the month with Required Inputs
  • Updating Correct and Relevant Phasing in Forecast Files for Cost and Revenue
  • Updating Payroll Data Using Leavers and Starters report
  • Updating Relevant and Confirmed/Approved Annual Figures
  • Working Out the Budget Numbers on a Yearly Basis Using Forecast Templates
  • Taking Sign Offs from Business
  • Preparing Cash Flow Statement
  • Preparing Walk between Actuals and latest Forecast data Monthly
  • Preparing Walk between last 2 forecasts Monthly
  • Preparing Balance Sheet Variance reasoning between 2 months
  • Preparing HFM and SAP reconciliation on a monthly basis
  • Preparing Debtors and Accrued income aging
  • Giving Reasoning of Substantial Prepayment and Accrual items

Process Developer

Genpact
06.2013 - 08.2015
  • Handling Payroll Activities
  • Reviewing FPA Reports on Fortnightly and Monthly basis for load in Oracle
  • Chasing Intercompany Entities in case of IC Differences
  • Preparing SOX Documents using preset templates
  • Preparing Headcount Reports using Payroll Data
  • Preparing Accruals for Utilities
  • Reviewing Cost Center Reports and Sending them to Owners
  • Recharging IC Entities
  • Month End involving Conference calls with Finance Controllers and Senior Personnel
  • Reporting monthly Overhead, Sales
  • Preparing Warehouse/Plant spend reports

Education

B.com -

Delhi University

10+2 - undefined

CBSE

10th - undefined

CBSE

Skills

SAP

Personal Information

  • Father's Name: Sh. Narender Kumar Narang
  • Date of Birth: 11/16/89
  • Gender: Male
  • Nationality: Indian
  • Marital Status: Single

Roles And Responsibilities

P&I Contract Accounting/Reporting Analyst, Managing Major Government Profit and Loss account (Reporting Role), Providing finance analysis and input to support the Group/Unit activity, Executing a range of financial analysis, preparation of reports and other finance activities to support Business Area/Unit finance priorities, working across the Finance teams as required, Delivering forecasts and budgets (MTP) in line with best practices and the broader business context, using appropriate techniques, Analyzing and summarizing financial data into concise financial reports to comply with standards and procedures and identifies data issues that are affecting productivity or compliance, Supports all financial reporting cycles with relevant and accurate information, specifically the monthly results (Month End Flash), statutory reports, short term forecasts/budgets(MMF) and the strategic plan, Supports in the implementation of ways to improve working processes within area of responsibility and communicate issues and areas for improvement to business unit/area managers such as through supporting resolution of any data issues impacting productivity or compliance, Keeps knowledge up to date on emerging trends and changes in financial planning principles and practices, sharing with team members, Handling Segment Level Reporting for Major Government, Dealing with Sector leads and Finance controllers, Handling Budget MTP related workings and loads in SAP, Managing Sector level Forecast submission/consolidation as per the inputs from CA’s/BM’s, Rolling out the monthly forecast outturn with Sector leads, Finalizing control numbers during MMF/forecast cycle at sector level, Leading the flash calls with top level stakeholders onshore and internal team, Using Power query with Excel and Excel automation with functions for consolidating different P&L items for Bespoke/Products/SGA in one single workbook, Issuing forecast and flash templates, Handling adhoc level of work due to higher frequency of adhoc requests from Stakeholders, Issuing Service cost report on a monthly basis with Service line level details, Preparing DABS summary and rolling out to CA’s, Submission of Unallocated claims, Submitting monthly/quarterly/YTD commentaries to CPS team within the deadlines, Issuing SAP refresh on daily basis with CA’s during Month ends, Passing One off JV’s for Reclasses, FP&A-Senior Associate, Maintaining Invoice Tracker to keep the Billing Up to Date, Maintaining Checks on Miscodes of Revenue and Customers accounts and Corrections, Performing Accrued and Deferral Calculations, Reviewing the Revenue Contracts and Keeping the Revenue Forecast and Budget Updated, Keeping the Sync between Revenue Working Files and SAP(Finance Tool) through Reporting Sheets, Leading Conference Calls with Account Managers(Onshore Office) of Entity Customers, Handling Bank Wise Balance Upload in HFM on a Monthly Basis before HFM Close, Weekly too, Tracking Bank Transactions for Cash Forecasting Updation, Weekly Submission of Cash In/Outflow Prediction for 12 weeks in HFM, Signing off the Bank Reconciliations, Reviewing and Preparing Bank Payments, Preparing Reporting Files before Rolling Out Final Numbers for OI and Revenue, Keeping Regular Checks on Change in Reporting Numbers during Month Ends, Reviewing GL Dumps for finding Account Miscodes, Omissions, Errors and their Rectifications, Handling Accounting for Accruals related to Pending PR/PO’s and Parked Invoices, Processing Journals for Revenue, Cost, Balance Sheet Re-class, Reviewing Prepayment Schedules and Postings, Reviewing the Depreciation and Forex Run Sheets, Provisioning for Restructure, Bad Debt or any General Item, Preparing Balance Sheets Schedules, Sending Recharges to Other Inter Company Entities before Sub Ledger Close, Receiving Charges from Inter Company Entities, Approving PR’s in relation to our IC Cost, Processing IC Accruals, Extracting the IC reports for Sorting IC Differences, Posting Direct HFM Journals, Keeping Forecast and Budget Up to Date with the most updated IC Charges and Revenue, Updating Forecast Templates during the month with Required Inputs, Updating Correct and Relevant Phasing in Forecast Files for Cost and Revenue, Updating Payroll Data Using Leavers and Starters report, Updating Relevant and Confirmed/Approved Annual Figures, Working Out the Budget Numbers on a Yearly Basis Using Forecast Templates, Taking Sign Offs from Business, Preparing Cash Flow Statement, Preparing Walk between Actuals and latest Forecast data Monthly, Preparing Walk between last 2 forecasts Monthly, Preparing Balance Sheet Variance reasoning between 2 months, Preparing HFM and SAP reconciliation on a monthly basis, Preparing Debtors and Accrued income aging, Giving Reasoning of Substantial Prepayment and Accrual items, R2R- Process Developer, Handling Payroll Activities, Reviewing FPA Reports on Fortnightly and Monthly basis for load in Oracle, Chasing Intercompany Entities in case of IC Differences, Preparing SOX Documents using preset templates, Preparing Headcount Reports using Payroll Data, Preparing Accruals for Utilities, Reviewing Cost Center Reports and Sending them to Owners, Recharging IC Entities, Month End involving Conference calls with Finance Controllers and Senior Personnel, Reporting monthly Overhead, Sales, Preparing Warehouse/Plant spend reports

Timeline

P&I Contract Accounting Analyst (Now reporting Analyst)

British Telecom
05.2017 - Current

Senior Associate

Xchanging A CSC Company (Now DXC)
09.2015 - 05.2017

Process Developer

Genpact
06.2013 - 08.2015

10+2 - undefined

CBSE

10th - undefined

CBSE

B.com -

Delhi University

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Puneet NarangP&I Contract Accounting/Reporting Analyst