Saphal Shukla
Summary
Dynamic hard-working and technically skilled with expertise in managing and controlling Intercompany Month End Closing, Balance reconciliation workstream, Accounting/Finance(US GAAP) & RTR Field and 3 years in Health Insurance Sector (Analysis, Budget and Forecast for the Insurance Company). Known for accuracy, attention to detail and timeliness in managing disbursement functions. Aspiring for growth-oriented career in a challenging environment so as to amplify my knowledge, analytical abilities and interpersonal interaction & leadership skills with a view to gain position in an organization of repute.
A focused professional with over 9 years of experience in which 6 years in Accounting/Finance(US GAAP) & RTR Field and 3 years in Health Insurance Sector (Analysis, Budget and Forecast for financial data for the Insurance Company). Skilled in maximizing financial performance by conducting financial analysis. Well-versed in Transaction Processing Client Communications, Journal Entries, BS, PL, Stat Reporting, Financial accounting Proficient in making high- stakes decisions within fast-paced and high-pressure environments. Experience in analyzing complex problems to develop corrective action alternatives.
Overview
8
8
years of professional experience
Work History
Assistant Manager
EXL Service Pvt Ltd.
Noida
11.2023 - Current
- CVS Health Insurance Company USA(Client)
- Prepare quarterly journal entries as per NAIC Insurance norms.
- Preparing Page 2 to 6, U&I, page 7, 14, Stat page and all other relevant page as per NAIC Insurance norms.
- Preparing schedule E, schedule S, schedule T & schedule Y.
- Prepare Stat supplements and filling, report to DOI, NAIC, Auditors and reinsurers.
- Preforming research related to querry raised by insurer and auditor and assisting them for the same.
- Assist with analysis of current and historical financial results for various entities within organization.
- Preform various financial activities, prepare financial pages, and reporting those to approvers while adhering on SOX Compliance.
- Preparing Error free financial report to required timescale and relevant actuarial standard.
- Conduct financial analysis and modeling to support business decisions.
- Prepared and present financial report to senior management and assist in developing the monthly budget and forecasts.
- Monitoring and analyzing financial performance against budget and forecast and identify and communicate financial risk and opportunities.
- Conduct variance analysis and provide insight to improve financial performance.
- Preparing monthly, quarterly and annually financial report.
- Take demonstrable ownership of work, clearing flagging any issue and Goal delivery concern to senior leadership.
Management Trainee
Genpact India Pvt Ltd.
Noida
07.2022 - 10.2023
- Zorrick Health Insurance USA.
- Part of Middle East IC team, Handling and monitoring all the IC related work of Egypt and Ghana.
- Review and post the monthly accruals and adjustment journals(ICWF).
- Performing Netting and wire clearing on monthly basis with multiple trading partners.
- Arrange the packs (import documentations) for payments and provide the commentary on open aged items.
- Preparation of intercompany AR/AP reconciliation on monthly basis and resolve the discrepancies.
- Performing the Blackline reconciliation on quarterly basis.
- Performing the month end closing in accordance with the financial close schedul.
- Preparation of Balance sheet and P&L reconciliation on monthly basis.
- Engaged in monthly governance calls with clients/controllership for open points related to clearing, payments, accruals and other issues.
- Provide support to internal and external auditors and respond on their queries during quarter and year end close.
- Preparation of periodic and ad-hoc global reports as requested by clients and management.
- Handling BOT for ICR tagging and ICWF and Accrual Invoicing.
- Making SLA and KPA report and taking care for flip entry in HFM.
- Sound knowledge of US GAAP.
- Working on Fixed assets for limited part for Egypt client.
- Handling and providing download to new recruiters.
Account Executive
PAMR Industries Pvt Ltd.
01.2020 - 06.2022
- Preparing Purchase Quotations, Purchase Orders and Purchase Invoices.
- Making Performa Invoice Booking Sale/ Tax Invoice.
- Doing all the other journal entries like payroll, office expenses and all other accounting related entities.
- Analysis of trail balance. Making Statement of profit and loss account.
- Finalization of balance sheet.
- Conduct financial analysis and modeling to support business decisions.
- Prepared and present financial report to senior management and assist in developing the monthly budget and forecasts.
- Conduct variance analysis and provide insight to improve financial performance.
- Preparing monthly, quarterly and annually financial report.
- Payment forecasting based on aged items and making Dunning file.
- Bank reconciliation and TDS Returns filling.
- GST Returns and Analysis of 2A & 2B.
- Making GSTR1. Preparing GSTR3B and filling.
- All daily accounting related work & all relevant GST related work.
- Stock Audit. Internal Audit and Statutory Audit and Tax Audit. Team handling as per the weight of works.
Accountant
SM India Pvt Ltd
10.2017 - 11.2019
- ITR fillings TDS return filling.
- Preparing Purchase Invoice, sale invoice. Preparing payroll data.
- GST Returns ,Analysis of 2A & 2B.
- Making GSTR1. Preparing GSTR3B and filling.
- And all relevant GST related work. Doing all accounting related work. Preparing Profit and loss account.
- Finalizing trail balance Bank reconciliation & Preparing balance sheet.
- All Compliance and accounting related work.
Education
MBA (Finance) - CA Inter
ICAI
Skills
- Preparation of reports for Insurance Sector as per NAIC guidelines
- Analysis of Financial data for Insurance Sector
- US GAAP
- Accurate forecasting
- Strategy development
- Risk management
- Variance analysis
- Analysis of balance sheet
- Analysis of income statements
- Analysis of AP-AR report
- Reconciliations
- Budgeting
- Forecasting
- Managing Intercompany Month End Closing
- Controlling Intercompany Month End Closing
- MS Excel
- MS Word
- Tally
- SAP
- HFM
- BLACK LINE Tools
- ICFW
- Navision
- Wings
- SEP 200/400z
- Oracle E4A
- PAPM
Accomplishments
- Got the best performer Award in 1st quarter close.(EXL)
- Got the Bravo certificate from South Africa, Egypt & Kenya client with multiple appreciations within a year (Genpact).
- Got the best performer award on floor during client visit within a year (Genpact).
Disclaimer
I hereby declare that all the information provided are true to the best of my knowledge and would be more than grateful if given an opportunity to prove my worth.
Languages
English
Beginner
A1
Timeline
Assistant Manager
EXL Service Pvt Ltd.
11.2023 - Current
Management Trainee
Genpact India Pvt Ltd.
07.2022 - 10.2023
Account Executive
PAMR Industries Pvt Ltd.
01.2020 - 06.2022
Accountant
SM India Pvt Ltd
10.2017 - 11.2019
MBA (Finance) - CA Inter
ICAI