Satyajit Balaso Jagtap
Pune
Summary
Dynamic finance professional with extensive experience at WNS, excelling in financial reporting and ERP optimization. Proficient in SAP, Infor M3, One Stream, and Power BI, I have successfully streamlined processes, enhancing data accuracy and operational efficiency. Known for my strong communication skills, I effectively resolve client queries and drive impactful financial insights.
Overview
15
15
years of professional experience
Work History
Lead Associate Operations
WNS
07.2024 - Current
- Actively managing and maintain communication with UK-based clients, ensuring timely delivery of solutions and resolving client queries related to financial data and system operations
- Performing detailed balance sheet reconciliations, ensuring accurate financial reporting and compliance with accounting standards
- Identified and resolved discrepancies in financial records, contributing to improved audit readiness
- Preparing Monthly accruals Audit Fees, PSA Accruals, Recharge Accruals Management Accruals etc
- Monthly extracting Flash reports from Power BI to update flash reports GWP & NWP
- Preparing monthly Aged Debt reports
- Running monthly Revaluation report for group entities
- Preparation and run depreciation report and send fixes asset schedule reports
- Preparation of monthly Headcount report for Employees and contingent
- Preparation of monthly FX analysis & FX checks reports
- Completion of Supplemental analysis forms of One Stream
- Preparation of monthly Own cash & Insurance cash reports and upload into One Stream app
- Preparation of Monthly Cass-5 payments and upload on EPS app
- Providing support and configuration for ERP Unit 4, ensuring seamless financial and operational processes
- Collaborated with cross-functional teams to implement ERP improvements, enhancing system efficiency and user experience
- Developed and maintaining interactive Power BI dashboards to provide data-driven insights and support decision-making
- Integrated data from multiple sources, delivering comprehensive reports and visualizations for performance tracking and analysis
- Leverage One Stream platform for financial planning, consolidation, and reporting
- Streamlined financial processes and improved data accuracy by implementing automation in financial workflows using One Stream solutions
Senior Executive
Wipro
02.2022 - 07.2024
- Actively managed and maintained communication with UK-based clients, ensuring timely delivery of solutions and resolving client queries related to financial data and FP&A operations
- Managed the entire RTR process, including FAPE and Bank operations, preparation and posting of approved standard/recurring journals
- Prepared monthly reports on Investments in Subsidiaries, Goodwill, Intangible, Software, Exchange gains and losses analysis, Accrued Income, and debtors
- Generated various Journals such as Bonus Accruals, Prepaid Expenses, and Standard Journals as per client requests
- Conducted reconciliation of bank and Balance Sheet, analyzing and resolving reconciling variances for balance sheet accounts
- Oversaw complex expense reporting and reconciliation of multicurrency data, including the Foreign Exchange Accounting (FX revaluation process)
- Received, tracked, and resolved inquiries about monthly transactions and end-of-month account balances
- Managed cash and bank activities, including month and quarter-end reconciliations
- Handled External audit queries and analyzed required data for audits
Accounts Executive : Shared Services
Suzlon Energy Ltd
01.2016 - 11.2021
- Managed the entire gamut of accounts payable & bank operations in F&A Shared Services Team including preparation of daily fund position and allocation/ fund transfer for meeting daily requirement of business
- Engaged in reconciliation and resolving pending entries, mediating with banks for payment transactions, bank statements LC acceptance, statutory compliances like superannuation and gratuity, tax payments, custom duty and electricity payments
- Prepared various reports like bank rationalization and schedules for liabilities & provision; scheduling loans & advances
- Reviewed and posted PO & Non PO invoices
- Performed reconciliation of vendor ledger and bank reconciliations for resolving pending entries and coordinating with banks for information/ statements
- Maintained accounts payable systems
- Ensured documentation for availing bank facilities and telegraphic transfer
- Managed complex expense reporting & reconciliation, accounts payable & accounts receivable, financial statements & preparation, general ledger entries & audits, month- end reconciliation & analysis, petty cash management and maintaining fixed asset register
- Assisted to ensuring completion of internal and statutory audits
- Conducted ageing analysis with an aim to keep receivables under control and collections of payments
- Maintained supplier accounts processes & supplier invoices; ensuring that all payments are made to suppliers within stipulated time frame & managing accounts payable within pre-set parameters and performing accounting of rejections & reconciliation
- Conducted ageing analysis with and aim to keep payables under control GRIR and closing of invoices
- Managed cash and bank including month and quarter end reconciliations
- Provided data for monthly MIS - Bank Charges, Vendor Payments Actual vs
- Allocated Funds
Accounts Executive : Treasury and Accounts
Piaggio Vehicles Pvt Ltd
05.2012 - 01.2016
- Banking Operations/ Reconciliation/ Funds Allocation & Transfers/ Vendor Payments/ Cash Flow
Assistant Costing : Costing Department
Emcure Pharmaceuticals
10.2010 - 04.2012
- Calculated Actual Costing/ ETP Cost/ Solvent Recovery/MIS Report on budgeted/ standard vs Actual cost
Education
MBA - Finance
SVPM`s Institute of Management
Malegaon Bk, Baramati, Pune University01.2009
B.Com. -
M.S. Kakde Collage
Baramati, Pune University01.2006
Skills
- SAP
- One Stream
- Unit 4
- Infor M3
- Power BI
- MS-Office (Excel & PowerPoint)
- Windows XP
- Tally 9 ERP
Languages
- Marathi
- Hindi
- English
Personal Information
Date of Birth: 05/04/85
Notable Accomplishments
- Steered efforts in developing Demand Draft Tracking for encasement status
- Activated Online C & P Portal for DD Payments with SBI Bank
- Developed formulated Excel Chart for streamlining Vendor Payments against fund allocation
- Automated manual check printing process
- Handled UK base client and achieved Best performer award for Balance Sheet Reconciliations Backup formats in Wipro
- Resolved AR payments from customers at Wipro
Timeline
Lead Associate Operations
WNS
07.2024 - Current
Senior Executive
Wipro
02.2022 - 07.2024
Accounts Executive : Shared Services
Suzlon Energy Ltd
01.2016 - 11.2021
Accounts Executive : Treasury and Accounts
Piaggio Vehicles Pvt Ltd
05.2012 - 01.2016
Assistant Costing : Costing Department
Emcure Pharmaceuticals
10.2010 - 04.2012
MBA - Finance
SVPM`s Institute of Management
B.Com. -
M.S. Kakde Collage
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