Sukhdev Singh
Noida
Summary
I am an experienced finance professional with a strong background in reconciliation and revenue management across various sectors. My expertise lies in identifying discrepancies, enhancing processes through automation, and reporting financial data for strategic decision-making.
Overview
14
14
years of professional experience
Work History
Reconciliation Finance Manger
Paytm Payments Services Limited
10.2023 - Current
- Comparing internal records with external data, like PG Receivable Vs Bank Settlement Vs Nodal Receipts, to identify and resolve discrepancies (Daily Volume INR ~ 1200 Crore for 70 Banks)
- Investigating and resolving issues identified during reconciliation, ensuring accurate and consistent records
- Coordinating and strong follow ups with various stakeholders, including internal teams and external parties, to resolve reconciliation issues.
- Identifying areas for improvement in reconciliation processes, including automation and efficiency enhancement
- Identifying and mitigating operational risks related to reconciliation processes
- Weekly/Monthly reporting to CFO.
Finance Unit Manger
Bajaj Finance Limited
08.2022 - 10.2023
- Ensure of Booking of all Revenue Accounting Related to Bajaj Wallet Business, before Closure of Receivable /GL Module.
- Monitoring and analysis of Merchant wise Revenue and Expense for Management Reporting.
- Daily Reconciliation for PGs for Wallet Top up and Consumption (Volume INR~ 100 Cr Daily)
- Performing closing Activities and Preparing Audit Schedules.
- Ensuring adherence to regulatory (RBI) requirements and internal policies related to reconciliation.
- Part of Automation Team to get the reconciliation automated.
- Played Key role from Finance side to set up the process and to live EDC Business.
Finance Assistant Manger
One 97 Communication Limited (Paytm)
03.2019 - 08.2022
- Ensure of Booking of all Revenue Accounting before Closure of Receivable /GL Module.
- Analysis of Interchange Fee on MCC, Debit, Credit, VISA, Master, Rupay Cost, Amex on weekly basis.
- Taking care of Revenue of EDC Machines (Rent Collection) (Count 4 Lac)
- Doing All EDC POS Txn wise Recon and monitoring txn Level Revenue (Monthly Volume INR ~8000 Crore)
- Doing Monthly Closing and Reviewing of P&L and Balance Sheet Parts.
- Intercompany Accounting and Balance confirmation.
- Daily Incoming Fund Projection to Management and Movements of Funds.
- GL Reclassification of Exp/ Provision for Correct Head.
- Preparing Auditor Schedules on a monthly and Quarterly basis.
- Monitoring and analysis MCC wise Rates of Master, VISA, Amex and Rupay Network charged by Acquiring Bank.
Senior Finance Executive
Vodafone Idea Limited
06.2015 - 03.2019
- Ensure of Booking of all revenue accounting before Closure of Receivable /GL Module.
- Review Expense, Perform month and Accrual calculation.
- Taking care of IUC (Interconnect Usage Charges), Roaming and Postpaid Revenue.
- Postpaid Reconciliation: - Credit/Debit Card, NEFT Reco, BSCS Reco, Bank Reco, FST Reco, Third Party etc.
- Billing all Telecommunication Operators for IUC (Interconnect Usage Charges) and Roaming.
- Taking Care of Postpaid Collection and making payments of Collection and retention expenses Vendors.
- Follow up of payments with all telecommunications operators for IUC (Voice & SMS).
- Applied receipts and calculation of Bad debts on month end.
- Generating Monthly Aging Report and review bucket wise Aging.
- Making Revenue, TDS receivable Schedules for Auditors.
- Revenue/ Cost Analysis-Standard as well on demand.
- Taking care of License fee on quarter end to DOT.
- Ensure reclassification and accounting of wrong or unaccounted entries prior to GL close.
- Transfer the payments received to Other Circles (Intercompany Accounting).
- Monitor and review the AR Trial and check the Debit balance of Operators of segment wise.
- Ensure timely completion of statutory audit and Internal Audit.
- Facilitate to get third party confirmations like Receivable / Payable, bank, Intercompany.
Senior Finance Executive
Bharti Airtel Limited
11.2012 - 03.2015
- Prepare statistics on the financial information as and when required to check the trend of incomes and expenses.
- Invoice processing related to IUC and Roaming.
- Handling GL Accounting and Re Classification of Wrong Code Booking.
- Provisions - IUC Provisional Income & Revenue and Debtor variance schedule.
- General Ledger analysis and same reclassification of entries.
- Handing IUC Revenue for Haryana, Punjab and HP Circles.
- Monthly Provisioning of IUC Revenue.
- Reviewing revenue Schedules and Analysis the variance.
- Handing All DOT compliance.
- MIS Management and coordination with circles.
Associate
Idea Cellular Limited (Third Party)
11.2010 - 10.2012
- Handling of accounts reconciliation like bank accounts, debtor & creditor’s accounts of Idea Distributor.
- Handling Bookkeeping of All Distributors for their Commission/Payout etc.
- Book keeping and Maintenance of Books of Accounts up to the finalization.
- General Ledger Scrutiny of Accounts Payable.
- Coordination with the Auditors in order to finalization of Statutory and Tax Audits.
- Preparation and Review of various Accounting Schedule and Audit Schedule.
- Book keeping and Maintenance of Books of Accounts up to the finalization.
- Checking all statuary payables for the month before book closure.
- TDS calculations and TDS deductions.
Education
MBA -
Sikkim Manipal University
B.Com -
Punjab University
10+2 - Commerce
H. P Board
Skills
- Financial reconciliation
- Revenue accounting
- Data analysis
- AP/AR accounting
- GL accounting
- Risk assessment
- Team collaboration
- Problem solving
- Process automation
- Regulatory compliance
Timeline
Reconciliation Finance Manger
Paytm Payments Services Limited
10.2023 - Current
Finance Unit Manger
Bajaj Finance Limited
08.2022 - 10.2023
Finance Assistant Manger
One 97 Communication Limited (Paytm)
03.2019 - 08.2022
Senior Finance Executive
Vodafone Idea Limited
06.2015 - 03.2019
Senior Finance Executive
Bharti Airtel Limited
11.2012 - 03.2015
Associate
Idea Cellular Limited (Third Party)
11.2010 - 10.2012
MBA -
Sikkim Manipal University
B.Com -
Punjab University
10+2 - Commerce
H. P Board
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