SHAILESH D PESHWE
R2R and Payroll Controller
Chinchwadgaon
Summary
- Seasoned & dynamic professional offering over 10.5 years of extensive experience in R2R, Balance sheet reconciliation, payroll accounting and financial management, amortization, depreciation, accrual accounting with a focus on international accounting processes across various sectors, while maintaining adherence to regulatory standards and improving operational efficiency.
- Prepared financial statements in accordance with US GAAP, including balance sheets, income statements, and cash flow statements. Ensured accurate and timely recognition of expenses in accordance with US GAAP.
- Currently, holding the position of R2R & Payroll Controller at LRQA India LLP, where oversight of payroll & record to report processes is paramount, guaranteeing precision in financial reporting and working closely with external teams to enhance operational workflows.
- Excellence in MS Excel with VLOOKUP, Hlookup, pivot tables and excel functions required to perform accounting operations.
- Expertise in general ledger & payroll accounting, balance sheet reconciliation, and compliance, focusing on the management of intricate payroll systems while ensuring compliance with both local and international regulations.
- Achieved substantial enhancements in balance sheet reconciliation processes, resulting in fewer discrepancies and improved accuracy in financial reporting, which in turn facilitated better decision-making.
- Exhibited strong leadership skills by cultivating a collaborative atmosphere, mentoring junior team members, and enhancing team performance to meet departmental goals.
- Handled team of 8 people related to their accounting accuracy. Extensive knowledge of ERP systems and financial software such as SAP, Oracle R12, and Oracle NetSuite, which facilitates effective data management and reporting.
- Proficient in establishing internal controls and risk management strategies, guaranteeing compliance with accounting standards and protecting the financial integrity of payroll operations. Recognized for exceptional analytical skills, enabling the identification of trends and discrepancies in accounting data, which has led to the development of targeted strategies for process optimization and enhanced compliance with financial regulations.
- Expertly handling audit queries & SOX compliance issue. Assisted with external audits, providing necessary documentation and support to ensure compliance with US GAAP.
- Conducted financial analysis, including trend analysis to provide insights into company financials.
- Utilized Blackline & ARCS reconciliation tool for balance sheet reconciliations.
Overview
12
12
years of professional experience
2026
2026
years of post-secondary education
3
3
Certifications
3
3
Languages
Work History
Payroll & R2R Controller
LRQA India Pvt. Ltd.
02.2024 - Current
- Ensuring accuracy and compliance by carefully preparing, processing, and uploading journal entries and payroll accounting records
- Managing accrual accounting entries for employee benefits, including Medical Benefit Accrual, Gratuity Accrual, and 13- & 14-Month Accrual for EMEA, APAC and NA entities
- Conducting detailed balance sheet reviews and reconciliations of Bonus, Prepayment, Redundancy, Tax, and Accrual accounts while coordinating with GL specialists to maintain financial accuracy
- Utilizing SAP Byd ERP for efficient journal uploads, data retrieval, and streamlining payroll reconciliation processes to minimize errors and enhance financial reporting
Senior R2R & Payroll Accountant
Crowd Strike India Pvt. Ltd.
06.2022 - 01.2024
- Executed precise payroll & R2R accounting by preparing, processing, and uploading journal entries while ensuring full compliance with financial regulations
- Executed prepayment & amortization journal entries for vendor invoices
- Administered accrual accounting for employee benefits, including medical benefits, prepayments, amortizations, and structured bonus plans such as billing bonuses, quarterly incentives, and performance-based payouts
- Performed in-depth balance sheet reconciliations to validate the accuracy of bonus provisions, tax liabilities, severance pay, vacation accruals, and other payroll-related accounts
- Leveraged Oracle NetSuite for seamless journal postings and financial data extraction, while utilizing Blackline tool for balance sheet reconciliation and financial accuracy
- Facilitated audit processes across EMEA, APAC, and NA regions by addressing compliance requirements, responding to queries, and ensuring transparency in financial reporting
- Reviewed and reconciled bank transactions related to payroll disbursements, tax payments, and pension contributions, ensuring proper allocation and alignment with payroll accruals
- Managed accruals for US entities and stock tax accrual entries for Australia, while analyzed financial trends and variances through comprehensive monthly and quarterly flux reporting
Senior GL Accountant
FIS India Global Solutions
01.2017 - 05.2022
- Prepared, processed, and posted accounting journal entries, ensuring accuracy and compliance with financial regulations
- Managed accrual accounting for various employee benefits, including Medical Benefit Accrual, Tech Loans Accrual, and Prepayment & Amortization, ensuring precise financial reporting
- Conducted detailed reconciliations of Balance Sheet accounts, verifying accuracy for Bonus, Bank Statement, Prepayment, Severance, Tax, and Vacation accounts
- Utilized Oracle R12 for journal entries & financial reporting and ARCS tools for balance sheet reconciliations, data retrieval, and preparing reconciliations, while leveraging ERP NetSuite for financial data extraction and analysis
- Led a team of 8 professionals, overseeing accrual, amortization & payroll journal entries and reconciliation reviews, while coordinating with auditors for compliance, particularly for UK & EMEA entities
Senior Accounts Executive
WNS Global Services
08.2013 - 01.2017
- Led onshore and offshore migration projects for General Ledger and reporting activities, ensuring seamless transitions and process efficiency
- Managed end-to-end accounting operations for Thomas Cook client, overseeing financial transactions and compliance
- Performed reconciliations for key accounts, including Property Tax, Energy/Water/Utilities Tax, Rent, Goods Received Invoice Received (GRIR), and Sterling Cash, ensuring accuracy and regulatory adherence
- Utilized SAP ERP and SAP FI module to manage accounting, reporting, and Accounts Receivable transactions, optimizing financial workflows
- Collaborated with auditors and stakeholders, proactively addressing compliance requirements, resolving reporting discrepancies, and enhancing client relationships through strategic business intelligence insights
Education
MBA - Finance And Accounting
University of Pune
Pune06-2012
MBA - IT
University of Pune
04.2001 - 01.2009
High School Diploma -
University of Pune
04.2001 - 01.2007
Skills
Financial & Strategic Planning
Certification
SAP ERP end user experience for 3.5 years
Personal Information
Date of Birth: 03/02/87
Professional Highlights
- Improved payroll accounting efficiency by 100% through process enhancements, reducing errors and optimizing workflows.
- Ensured 100% compliance with local payroll regulations across multiple countries, managing end-to-end Record to Report, Payroll & Compensation Accounting and ensuring timely payments.
- Led a team of 8, increasing accuracy by 80% and streamlining accounting operations.
- Strengthened client relationships, enhancing satisfactory score through proactive communication and exceptional service execution.
- Successfully executed onshore and offshore migration projects, improving General Ledger and reporting accuracy by 100%.
Timeline
Payroll & R2R Controller
LRQA India Pvt. Ltd.
02.2024 - Current
Senior R2R & Payroll Accountant
Crowd Strike India Pvt. Ltd.
06.2022 - 01.2024
Senior GL Accountant
FIS India Global Solutions
01.2017 - 05.2022
Senior Accounts Executive
WNS Global Services
08.2013 - 01.2017
MBA - IT
University of Pune
04.2001 - 01.2009
High School Diploma -
University of Pune
04.2001 - 01.2007
MBA - Finance And Accounting
University of Pune
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