Simmi Singh
Senior Accountant
Summary
Accomplished Senior Accountant with a proven track record at Alshaya Group, enhancing financial accuracy through meticulous bank reconciliation and financial reporting. Skilled in Oracle Fusion and RPA, I streamlined month-end closing by 50%, demonstrating strong analytical and technical abilities. Expert in fostering stakeholder relationships, I led successful online transitions, showcasing exceptional project management and continuous improvement skills.
Overview
7
7
years of professional experience
Work History
Sr. Accountant
Alshaya Group
07.2023 - Current
- Prepared monthly journal entries and reconciliations.
- Cost of sales accounting and Good in Transit accounting and validation of open shipment.
- Calculations of Rates for the different inventory systems.
- Intercompany/Intercountry movement of goods accounting from the DC to different destinations and establishing controls for the same.
- Accruals accounting and allocation of provision to different stores based on percentage.
- Responsible in analyzing and fixing the incorrect inventory qty issues in stores and DC
- Interaction with different stakeholder Eg; IT, P2P, Brand to timely accounting of shipment and addressing the related difficulties.
- Reconciled accounts and created documents for monthly closure procedures.
- Updated general ledger with latest entries.
- Completed year-end closing processes with controllers and external auditors.
- Reviewed documents and accounts for discrepancies and resolved variances.
- Provided timely and accurate financial reporting to senior management, enabling informed decision-making based on reliable data.
- Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
- Assisted in internal and external audits by preparing necessary documentation and responding to auditor inquiries.
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
- Analyzed financial statement discrepancies, identifying issues, and recommending corrective actions to prevent future occurrences.
- Partnered with auditors to track errors and add contributions to maintain accuracy.
- Reduced errors in financial statements through stringent review procedures and regular reconciliation of accounts.
- Optimized month-end closing procedures by streamlining workflow processes, reducing time taken from 10 days to 5 days without compromising accuracy or detail level achieved.
- Coordinated with various departments to gather financial data, ensuring accurate representation of each business unit''s performance.
Sr. Accountant
Tesco HSC
11.2021 - 07.2023
- Prepare monthly journals, own, and hold periodic business reviews with stakeholders' performance.
- Responsible for producing balance sheet reconciliations with detailed explanations and follow up done on the open items as agreed in the metrics.
- Identify potential process risks, establish control plans, and monitor the impact for balance sheet account reconciliations.
- Responsible in publishing inventory (Shrink / Theft) results to the stores.
- Responsible in analyzing and fixing the incorrect inventory qty issues in stores and DC.
- Ensure timely and accurate disclosure of account reconciliation and entries booked by UK & CE Tesco to External and Internal Auditors.
- Responsible for driving continuous improvement through automations and system enhancements.
- Monitor key performance indicators (KPIs) to track process.
- Provide support and deliver effective and timely feedback to Business Teams to resolve issues.
- Participate in cross training function to develop more process efficiency.
Financial Data Processing Exceutive
Tesco HSC
03.2019 - 11.2021
- Conducted regular meetings with team to discuss issues, concerns and updates.
- Enhanced customer satisfaction by streamlining communication channels and improving response times.
- Budget preparation and estimate approval on work assigned.
- Assigning the work to the right team on basis of the query raised
- Connect with the stakeholder, understand the multiple operational problem and take actions in solving it.
- Providing end to end solutions to the store operations.
Junior Accountant
Sky Pillars Agency
11.2017 - 02.2019
- Prepared journal entries and entered into system using [Software].
- Prepared bank reconciliations on a monthly basis to identify potential discrepancies between company records and bank statements.
- Assisted with preparation of monthly financial statements.
- Reconciled month-end totals for timely and accurate reporting of financial information.
- Manage all accounting transactions.
- Prepare and manage balance sheets and profit/loss statements and invoices for transactions
- Prepare income statement, Invoices and GST calculations.
Education
Pursuing Certified Management Accountant - Accounting And Finance
Institute Of Management Accountant
Bengaluru, India 04.2001 -
BCOM - Accounting And Finance
Bangalore University
Bengaluru, India 04.2001 -
12th Standard - Commerce
Vidya Bharati Chinmaya Vidyalaya
Jamshedpur, India 04.2001 -
Skills
Bank Reconciliation
Financial Reporting
Financial statement review
General ledger accounting
R2R
Inventory Accounting
Languages
English
Upper intermediate (B2)
Hindi
Upper intermediate (B2)
Software
Microsoft Office
Oracle R12, 11i
RMS
Citrix
GOLD
VM Ware Horizon
Macro Development
Accomplishments
· Online Transition from Central Europe to India.
· Transition from UK to India.
· Journal Rationalization.
· RPA, Continuous improvement.
· Online Transition from Kuwait to India (Inventory and FA process)
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline
Sr. Accountant
Alshaya Group
07.2023 - Current
Sr. Accountant
Tesco HSC
11.2021 - 07.2023
Financial Data Processing Exceutive
Tesco HSC
03.2019 - 11.2021
Junior Accountant
Sky Pillars Agency
11.2017 - 02.2019
Pursuing Certified Management Accountant - Accounting And Finance
Institute Of Management Accountant
04.2001 -
BCOM - Accounting And Finance
Bangalore University
04.2001 -
12th Standard - Commerce
Vidya Bharati Chinmaya Vidyalaya
04.2001 -