Summary
Overview
Work History
Education
Skills
ERP Expertise
Disclaimer
Achievements
Timeline
Generic

SUMIT KUMAR

Accountant
New Delhi

Summary

Results-driven GL Accounting professional with over 8 years of experience specializing in month-end and year-end closing processes, journal entries, and general ledger oversight. Proven expertise in managing accounts receivable and payable, revenue reconciliation, and cash flow management in strict adherence to GAAP policies. Demonstrated ability to create and implement procedures that enhance operational efficiency while ensuring compliance with audit standards. Committed to delivering accurate financial reporting and fostering a culture of continuous improvement within accounting teams.

Overview

11
11
years of professional experience

Work History

Accountant

Wood Group
12.2021 - Current
  • Act as Trial Balance Owner, owning the end-to-end Trial Balance process—including validation of journal entries, account reconciliations, variance analysis, and ensuring accuracy, completeness, and compliance of all trial balance transactions across assigned entities.
  • Managed accounts receivable and payable, reconciled bank statements, and prepared financial reports.
  • Coordinated with external auditors during the annual audit process by providing requested documents and responding to inquiries in a timely manner.
  • Monitored cash flows and prepared weekly cash projections.
  • Executed end-to-end reconciliation processes across multiple accounts: GL, Fixed Assets, Payroll, Vendor, and Prepaid.
  • Created journal entries accurately and timely for month end close processes.
  • Monitored balance sheets and income statements to evaluate financial performance.
  • Executed monthly journal entries and adjustments (accruals, true-ups, management fees) to support accurate and compliant financial statements.
  • Coordinated with internal stakeholders to ensure accuracy of intercompany accounts.
  • Assisted in the preparation of month-end close process for assigned inter-company entities.
  • Developed analytical reports for senior leadership, providing insights into inter-company operations.
  • Performed variance analysis on actual results versus budgeted amounts for assigned entities.
  • Maintained detailed records of all inter-company payments and receivables.
  • Handled end-to-end intercompany reconciliation processes, including review, analysis, and resolution of variances.
  • Ensured compliance with US GAAP and IFRS during financial close and consolidation reporting for multiple entities.

FUNG BUSINESS SERVICES INDIA PRIVATE LIMITED
12.2019 - 12.2021
  • Resolved outstanding items during balance sheet reconciliations.
  • Managed queries associated with statutory and internal audits effectively.
  • Performed monthly reconciliations of the general ledger to confirm closing balances.
  • Created and processed journal vouchers for currency redenomination.
  • Worked with cash and bank departments to ensure prompt payment netting and clearing of invoices.
  • Maintained adherence to intercompany accounting policies via detailed request assessments and coding accuracy.
  • Facilitated communication among global, local process owners, and shared service centres on intercompany issues.

Analyst

TCS (UNITED AIRLINES)
05.2018 - 11.2019
  • Validated global aviation fuel invoices for accuracy against contract terms and quantities.
  • Reviewed and implemented specific fuel taxes per international regulations and local laws.
  • Entered verified invoices into accounting system after checks against flight schedules and logs.
  • Conducted variance analysis through reconciliation of invoice data with internal records and fueling teams.
  • Collaborated with vendors and finance teams to rectify discrepancies in quantity or pricing.
  • Completed month-end close by consolidating flight movement data with general ledger entries for reporting accuracy.
  • Maintained accurate record of fuel expenses for hundreds of flights each month to support financial oversight.
  • Refined validation checklists to improve reconciliation efficiency across multiple regions.

Process Associate

Genpact Services LLC
04.2017 - 05.2018
  • Posted accurate journal entries for accruals, prepayments, and corrections.
  • Ensured precision of ledger balances during month-end and year-end closing activities.
  • Closed books promptly while preparing and posting closing entries.
  • Reconciled all sub-ledgers including accounts payable, receivable, and fixed assets.
  • Collaborated with client accounting team to prepare invoices per contractual agreements.
  • Conducted reconciliation of balance sheet reserves and various accounts at general ledger level.

AIRTECH COMMUNICATION
08.2014 - 09.2016
  • Recording daily transactions (sales, purchases, receipts, payments).
  • Maintaining ledgers (Accounts Receivable, Accounts Payable, General Ledger).
  • Invoicing and Collections
  • Preparing and sending customer invoices.
  • Following up on outstanding payments.
  • Payments & Expenses, Payroll

Education

Master of Business Administration (MBA) - Finance

Welingkar Institute of Management
04-2020

LLB -

V.B.U
06-2016

Bachelor of Commerce (B. Com) - Accounting & Finance

Calcutta University
06.2011

Higher Secondary (12th Grade) - Commerce Stream

S.K.H. S
03-2007

Skills

Financial reconciliation skills

ERP Expertise

Oracle, HFM, Azolve, SQL, Fame, FCC, GGL, Oracle E1, Obiee

Disclaimer

Thereby I affirm that the information in this document is accurate & true to the best of my knowledge. Dated Sumit Kumar

Achievements

  • Reduced month-end close by 3 days through process automation.
  • Resolved intercompany mismatches ahead of schedule for quarterly close.

Timeline

Accountant

Wood Group
12.2021 - Current

FUNG BUSINESS SERVICES INDIA PRIVATE LIMITED
12.2019 - 12.2021

Analyst

TCS (UNITED AIRLINES)
05.2018 - 11.2019

Process Associate

Genpact Services LLC
04.2017 - 05.2018

AIRTECH COMMUNICATION
08.2014 - 09.2016

Bachelor of Commerce (B. Com) - Accounting & Finance

Calcutta University

Master of Business Administration (MBA) - Finance

Welingkar Institute of Management

LLB -

V.B.U

Higher Secondary (12th Grade) - Commerce Stream

S.K.H. S

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