SAP
SMRUTIRANJAN RAUT
ACCOUNTING MANAGER
Mumbai
Summary
Senior Accounting Manager leading 60+ professionals supporting 35+ entities in global general ledger and financial close operations across multi-entity environments in EMEA, UK, US, and APAC. Directs team review of journal entries, balance sheet reconciliations, fixed assets, intercompany balances, and financial reporting to maintain control and accuracy across month-end close, supporting 5+ audit cycles per year. Strengthened accounting governance through internal controls, audit support, and process standardization that improved productivity by 15% and 25% in successive leadership roles.
Overview
1
1
Language
13
13
years of professional experience
Work History
RTR Tower Lead
Accenture Solutions Pvt. Ltd.
06.2023 - Current
- Accounting Operations & Financial Close
- Lead end-to-end Record-to-Report accounting operations for 35 legal entities across EMEA, managing 4 People Managers and a team of 60+ finance professionals.
- Govern the 3-day period-end close across General Ledger, journal entries, fixed assets, intercompany, treasury, BlackLine reconciliations, balance sheet reconciliations and financial reporting.
- Oversaw balance sheet reconciliation activities, ensuring account balances supported, investigated reconciling items, and resolved outstanding differences before financial close.
- Governed BlackLine reconciliation activities as part of month-end close, focusing on completeness of reconciliations and timely resolution of open items.
- Lead intercompany accounting and reconciliation activities across legal entities, supporting accurate and complete intercompany balances.
- Strengthened financial governance through SOX compliance, internal control, and audit requirements, including remediation of identified audit observations.
- Drive accounting process standardization and automation initiatives that delivered a 25% productivity improvement while supporting a controlled and timely close.
- Successfully led 4 end-to-end transition programs covering 55 legal entities, with focus on accounting process stabilization, knowledge transfer and business continuity.
Accounting Manager
HTC Global Services Pvt. Ltd.
01.2022 - 06.2023
- Led global Record-to-Report accounting operations across US, UK and APAC, managing 3 Assistant Managers and a team of 36 finance professionals.
- Oversaw end-to-end period-end close activities covering General Ledger, journal entries, fixed assets, intercompany, treasury, balance sheet reconciliations and financial reporting across multiple legal entities.
- Reviewed and approved BlackLine reconciliations, trial balance, and treasury reconciliations, ensuring account balances were supported and reconciling items investigated and resolved for accurate financial reporting.
- Managed General Ledger accounting activities, including journal entries, accruals, and account analysis, to ensure timely and accurate period-end close procedures.
- Led balance sheet reconciliation review, ensuring completeness, accuracy, and timely resolution of reconciling items through appropriate corrective action.
- Supported accurate and timely financial reporting by reviewing accounting balances, reconciliations and close outputs before reporting.
- Led internal and statutory audit activities by preparing accounting support, strengthening financial controls and addressing audit requirements.
- Drove process transformation and automation initiatives that improved operational efficiency by 15%.
- Managed a global accounting team and strengthened accounting capability through review, coaching, process standardization and knowledge transfer.
Assistant Manager – General Ledger
ATG Business Solutions Pvt. Ltd.
06.2021 - 12.2021
- Performed and reviewed period-end close activities including journal entries, accruals, prepaid expenses, depreciation, bank reconciliations and fixed asset accounting.
- Prepared and reviewed balance sheet reconciliations, investigated reconciliation variances and monitored open items through resolution.
- Prepared and reviewed balance sheet reconciliations, investigated variances, and resolved outstanding items to ensure accuracy in financial reporting.
- Analyzed bank reconciliation discrepancies including unrecorded transactions and duplicate postings, processing corrective journal entries to maintain accurate records.
- Supported fixed asset accounting, including depreciation and period-end accounting activities.
- Prepared audit schedules and supporting documentation, ensuring compliance for internal and statutory audits.
- Prepared MIS reports and reviewed process documentation and SOPs to strengthen financial controls and accounting operations.
Financial Accounting Senior Analyst
Accenture Solutions Pvt. Ltd.
09.2017 - 06.2021
- Managed end-to-end General Ledger, month-end close, fixed assets, account reconciliations and trial balance reporting activities.
- Managed end-to-end general ledger, month-end close, fixed assets, account reconciliations, and trial balance reporting to ensure accurate financial records.
- Performed balance sheet and account reconciliations, investigated differences and supported timely resolution of outstanding items.
- Managed fixed asset accounting activities, including asset additions, depreciation and related period-end accounting.
- Performed balance sheet and account reconciliations, investigated differences, and facilitated timely resolution of outstanding items to maintain financial integrity.
- Supported bank and treasury-related accounting activities, including electronic bank statement processing and reconciliation activities.
- Monitored internal controls and accounting process compliance while supporting accurate and timely financial reporting.
- Identified process improvement opportunities and supported RPA initiatives to improve operational efficiency.
- Supported audit and compliance requirements by preparing accounting information, reconciliations, and documentation to ensure adherence to regulatory standards.
Senior Associate – Finance
WNS-Global Service (P) Ltd.
07.2016 - 09.2017
- Performed financial analysis on historical performance and prepared financial information for management reporting.
- Prepared bank reconciliation statements, investigating and resolving discrepancies between bank records and general ledger balances.
- Participated in month-end close activities, including journal preparation, account reconciliation and financial reporting support.
- Participated in month-end close activities, preparing journals, reconciling accounts, and supporting financial reporting processes.
- Prepared bank reconciliation statements and investigated differences between bank records and General Ledger balances.
- Completed monthly fixed asset activities, managing additions, disposals, adjustments, and depreciation schedules for client companies.
Finance & Accounts Intern
A.V. Deven & Co.
03.2013 - 04.2016
- Prepared bank, general ledger, and investment reconciliations, ensuring accuracy and completeness of financial records.
- Executed Accounts Payable and Accounts Receivable activities while supporting timely accounting and statutory compliance.
- Prepared bank, General Ledger and investment reconciliations to support accuracy and completeness of financial records.
- Executed accounts payable and accounts receivable activities, facilitating timely accounting and statutory compliance.
- Assisted statutory and tax audits by preparing audit schedules, supporting documents, and responding to audit queries.
- Supported GST, TDS and Income Tax compliance through preparation of working papers and reconciliation of tax-related records.
- Conducted financial statement analysis, including review of notes to accounts, audit reports and key financial ratios across clients from diverse industries.
Education
CA-IPCC -
Institute of Chartered Accountants of India
Chennai01-2014
Bachelor of Commerce -
Fakir Mohan University
Odisha, India01-2011
Skills
General ledger accounting
Month-end & period-end close
Balance sheet reconciliations
Fixed asset accounting
Intercompany accounting
Financial reporting
IFRS compliance
Statutory reporting
Internal controls & SOX
Audit support
Transition management
Process standardization
Revenue recognition
Software
Oracle
Blackline
Cognos
OneStream
BPC
Timeline
RTR Tower Lead
Accenture Solutions Pvt. Ltd.
06.2023 - Current
Accounting Manager
HTC Global Services Pvt. Ltd.
01.2022 - 06.2023
Assistant Manager – General Ledger
ATG Business Solutions Pvt. Ltd.
06.2021 - 12.2021
Financial Accounting Senior Analyst
Accenture Solutions Pvt. Ltd.
09.2017 - 06.2021
Senior Associate – Finance
WNS-Global Service (P) Ltd.
07.2016 - 09.2017
Finance & Accounts Intern
A.V. Deven & Co.
03.2013 - 04.2016
CA-IPCC -
Institute of Chartered Accountants of India
Bachelor of Commerce -
Fakir Mohan University