Sri Ram Pandey

• Areas covered and worked in Ford Motor Company

Ø Accounting support on new product launches

* Reviewed customer contract T & C

* Prepared 5 step revenue analysis

* Worked with the product teams towards expeditious placement of product offering and seeking alignment with all stakeholders – accounting/ Tax/ OGC etc

* Worked with Accounting Policy in developing standardized and clear accounting guidelines

* Completed product set up based on analysis of contract

Ø Developed internal control to ensure accuracy in accounting

* Reviewed internal control processes to ensure accuracy of data entry into accounting systems.

* Design 3 way matching concept to build internal control check

* Match billing system vs payment dashboard data

* Reconcile payment dashboard vs bank statement

* Ensure Bank vs GL recon

Ø Design accounting report functionality in handling AR ageing and multi location billing and Revenue & Tax calculations in system dashboard

* Recommended new financial and accounting software packages. replacing various non-integrated offerings.

* Worked with operation and IT team to develop and design accounting reports align with finance module & supports audit and accounting , finance & tax requirements

* Analyze Revenue recognition recording & reporting capabilities of system dashboard

* Analyze receivable recording and aging reports of internal & external customer as per segment wise reporting capabilities of system dashboard

* Validate Credit Memo and Debit Memo transaction align with revenue recognition module

Ø Design work flow in Altryx to automate manual working

* Identified opportunities for cost savings through improved operational efficiencies.

* Identified tasks. Start by zeroing in on activities that are time-consuming, manual, or error-prone

* Assess the automation potential by drafting process flow for the activity in Altryx

* Measure automation impact by input and output control check

Ø Supervising and managing a team of members, including their performance, productivity, and adherence to business regulations and procedures

* Supervised a team of finance professionals in the preparation of financial reports, budgeting, forecasting, and analysis.

* Developed and cascade objectives to the team

Leverage own and team’s objectives are in line with corporate/ vertical’s Objectives

* Provided high-quality performance feedback on “what” and “how” (Ford OS behaviors) in mid-year and year-end performance reviews

* Set expectations with understanding definition of excellence to team

* Encourage all team members develop high competencies in their present role and constantly upskill themselves to meet future challenge

Ø Finalization of financials

* Developed and implemented financial policies and procedures to ensure compliance with regulatory requirements.

* Analyzed monthly financial statements, identified variances, and provided recommendations for corrective action.

* Prepared detailed reports on a variety of topics including revenue projections and expense trends.

* Coordinated the annual audit process by providing all required documents to auditors in an accurate and timely manner.

* Actively participated in special projects related to business strategy development or restructuring initiatives.

*Drafted reports summarizing key financial metrics that were used by senior management for decision-making purposes.

* Ensured accuracy & timeline for finalization of financial statements (Profit and loss account, balance sheet) monthly, quarterly and annually.

* Performed variance analysis (Budget vs Actual)

* Reviewed accounts receivable and accounts payable aging

* Created provision for more then 180 days aged debtors

* Analyzed of Stock Ageing if more than 180 days and check with traders for liquidation

* Reviewed P & L and Balance sheet with Finance Controller

Areas covered and worked in Olam Global Business services Pvt Ltd

Ø Finalization of financials

Finalization of financial statements (Profit and loss account, balance sheet, cash flow statement) monthly, quarterly and annually.

Ø Review Origin P&L

Performed Trend analysis on Origin P&L accounts, recommend corrections share with Origin PFC.

Ø Revenue reconciliation monthly wise

Ø Review of interest Register & Inter-unit allocations

Calculate Interest on Working capital and Fixed assets on loans provided to Subsidiary Origins and

Provide the interest accruals monthly in interest register GL.

Ø Preparation of Bank Reconciliation Statement

Review of bank statement with GL periodically and identifying the open items and discussing with Clients for closing the open items.

Booking manual JV’s for items like bank charges and bank Interest and others if any.

Ø Preparation of Cash Flow statement

I have to inform to Investors regularly how much net cash inflows generating from business and provided Subsidiary origins weekly requirements to treasury team.

Ø Inter Company reconciliation

Reconcile Origins with H.O Books and identify variances, liaise with Origin Countries/ Shipping Teams and Closing of Open Interco Issues monthly.

Ø Review & Make provisions

Perform accounting analysis and provided Accruals for accounts payable and accounts receivables monthly.

Ø Prepare Schedules for Corporate Affairs

Prepare monthly and quarterly schedules provided to Corporate Affairs.

Ø Prepare Currency Exposure Report and Hedging report monthly

Preparation of Currency exposure report for rising of new currency covers or

Reversal of existing covers and netting of Currency covers.

Ø Financial Planning and Analysis(FPNA)

Prepare Budgets annually, quarterly and provided Variance analysis for Actuals and as per budgets.

Develop tools and reports to help analyze actual and forecasts. Identify potential areas of risk and opportunity to management, and provide recommendations to drive business results and achieve financial goals.

Ø Overhead Analysis (Indirect OH)

Analyze reasons for variations in budget vs. actual and informed Product financial Controller.

Ø ML(material ledger closing)

In SAP monthly closing of material ledger and calculating weighted average cost for stock for lot wise.

Ø Review of Working Capital

Review of trade debtors and creditors weekly for Ageing more than 90, 180,540 days bucket and

Discussing with Stakeholders and PFC for collecting receipts and payments for ageing buckets.

Ø Gross Contribution Deferral(Stock Reserve)

Compute GC per MT and provide the GC deferment (Stock reserve reversal) allocated to respective origins.

Ø Key member of team implementing product wise SAP ERP system.

Ø Filing of GST returns for Indian Subsidiary for monthly and quarterly.

Ø Stock Reconciliation SAP vs. TB

Generate stock reports from SAP & TB and perform reconciliations

Ø Analysis of Stock Ageing if more than 180 days and check with traders for liquidation and provisions to be provided if stock lying more than 540 days

Ø Warehouse stock reconciliation prepared quarterly

Physically checking the stock and compare with stock register for quantity wise and informed to Auditors.

Ø Submission of Governance Call Requirements.

Ø Providing supporting documents to internal auditors and statutory auditors.

Ø Received Couple of times for best employee for monthly closing activities.

Ø Discussing the financials with financial controller monthly and checking financial health of products.

Ø As a part of team member in BOT and AI Projects

Participated in Robotic projects for planning and implementing for system generated reports for reducing man-hours.

Internal Audits: The areas of exposure included:

Ø Study of existing internal controls within an organization, identification of lags and possible loopholes in the system and suggesting an appropriate action for the removal.

Ø Implementation of physical controls on Assets of the organization

Statutory Audits:

Ø Finalization of books of accounts

Ø Preparation of Audit Reports

Ø Preparation of Form 3CA and 3CD for Tax Audits & Drafting Audit Reports for Company as per CARO (Co. Audit Report Order).

Accounting:

Ø Preparation of TDS return, Service Tax return, Income Tax Return,

Ø Preparation of Reports for Bank Audit and School Audit.