Summary
Overview
Work History
Education
Skills
Websites
Personal Information
Hobbies and Interests
Timeline
Generic

SYED ABBAS

Bangalore

Summary

Seasoned professional in general and operations management with comprehensive experience leading teams, optimizing processes, and implementing cost-effective strategies. Skilled in strategic planning, staff development, and operational efficiency, consistently improving workflow and reducing costs. Proven track record of enhancing overall business performance through effective leadership and innovative problem-solving.

Overview

15
15
years of professional experience

Work History

Assistant Manager

Accenture
08.2015 - 06.2018
  • Ensuring smooth operations of general ledger activities for Fixed Assets, Intercompany, Opex, Inventory, Cash & bank as per key metrics/SLA
  • Client relationship management & daily interactions providing process updates & informed risks & propose controls in advance
  • Handling escalation on daily operations, Resolving issues which are arises due to incidental reasons & placing controls
  • Identifying improvement opportunities, prepare project charters & drive automation projects
  • Leading, review & update calls of daily operations to the client & controllers, handling governance calls with controllers & chief accountants
  • Resource planning, performance management, feedback, rewards & recognitions.

Team Lead

Accenture
07.2011 - 11.2014
  • Managing General Ledger team consisting of 25 team members
  • Planning of daily deliverables, conducting huddle, monthly meeting with team members on process & people issues
  • Scheduling & handling client calls like escalation handling, post close review, Balance sheet review & Open items review call
  • Managing GL close activities, tracking & sending status to client on completion of deliverables
  • Tracking key metrics & ensuring team delivers activities as per SLA with 100% quality
  • Preparing management reports like, head count report, Close calendar, SLA Tracker, Attrition report
  • Managing and tracking team member’s performance daily basis and performance appraisals
  • Conducting One to One discussion with team members on monthly basis to provide feedback on their performance
  • Reviewing contract scope & getting change request for additional work & work towards acquiring additional business
  • Studying process pain areas, improvement ideas & acting as business advisors to the client
  • Publishing SLA tracker and Reconciliation Tracking & completion status of high, medium and low.

Process Lead

01.2011 - 07.2011
  • Review and approve expense allocation journals & ensure team books accruals for missing regular vendor invoice
  • Review and approve cash journals & prepaid amortization journals
  • Review and approving external & Internal Asset Capitalizations, FA close reports
  • Reviewing Intercompany Discrepancy report & ensure necessary action taken to clear IC open items > 50k before books close
  • Review of General Allocation department and ensuring all allocations are done for Standard Vendors and expenses are hitting to correct account & expenses are mass allocated only for vendors for which we cannot have allocation track like for landline telephone, tax courier
  • Review of Open PO reports published to financial stakeholders and checking a volume of 1500 lines each week and ensuring accuracy in the time frame of the PO with matched invoice and accuracy of Multi period calculation
  • Analyzing balance sheet comments & lead balance sheet call to explain movement’s b/w accounts & get approval for books close
  • Verification of Consol TB and entity TB has no discrepancy
  • Review and approving reconciliations of Cash & Bank, Accruals, Fixed Asset accounts and BS accounts
  • Review open items ensure follow-ups done to clear discrepancy
  • Updating the status to client during open item calls.

Senior Analyst

09.2008 - 12.2010
  • Handled end-to-end activities for APAC & European entities and worked in accordance with Close Calendar, Key Metrics and SLA’s
  • Opex: Preparation of allocation journals on data provided by direct & sub-vendors, AP team in multiple excel file
  • Bringing data to a common platform by matching the payment details via invoice copy, AP payment in oracle and clearing the discrepancy if any miss match between data files and payment made to vendor
  • Preparing accruals for missing period & ensuring accruals within budget by analyzing trend of expenses via big bill vendor checklist
  • Verifying and analyzing accounts statements before and after allocations, ensuring allocations hitting to correct department with appropriate proportion as per head count available in particular department
  • Analyzing any unusual transaction hitting to general allocation department and highlighting to controller of the process
  • Preparation of Prepaid amortization by verifying competency period of the invoice and amortizing the expenses month by month
  • Identifying the Foreign exchange difference between the open items pertaining to two different ageing and clearing the lines
  • Closing General ledger books and doing multiple checks on negative amounts
  • MA department is zero ensuring there are no unposted journals in ERP, Interface clearance for all intercompany transactions
  • Transferring data to FDM tool and closing checklist on Hyperion tool and ensuring there is no IC variance and TB to TB balances between local currency and foreign currency is zero
  • In case of discrepancy need to work with IT to team to clear the same
  • Preparation Analysis of Assets and Liability account and providing commentary for accounts have major movements and unusual transactions in comparison with prior period data and TB on month and quarterly
  • Cross charging expenses for different entities via primary and secondary screen and clearing discrepancy before close
  • Fixed Asset: Capitalization of Internal & External fixed assets & all clearing accounts are nil before close
  • Escalating the same in case if any asset is having discrepancy to clear from clearing accounts
  • Capitalization & tracking of CIP Assets ensuring the assets are capitalized to correct asset tag after confirmation with WPR team
  • Creating journals for assets transferred between two inter-companies and ensuring the same matches with the sub ledger balances
  • Worked on straight-line depreciation and ensuring the depreciation is calculated as per trend of asset value correctly
  • Preparation of Assets summary schedule getting approved from Chief Accountant’s
  • Ensuring balances of General ledger and sub ledger are matching with cost & reserve summary report
  • Cash: Preparation of Bank reconciliations on weekly basis
  • Preparation & posting journals to match the balances of cash & bank
  • Working with Chief Accountant, Accounts payable team & Bank to know nature of expense & find accounting codes
  • Preparing open items sheet for AP, Bank & Adhoc payments made by disbursement team
  • Co-ordinate & schedule call with AP, CA’s & Process Managers to take regular updated on the progress to clear the line items
  • Intercompany: Preparing journals with accounting strings affecting primary & secondary books
  • Reconciling two sets of books & clearing the open items & ensuring discrepancy ageing is not crossed >30 days
  • Clearing discrepancy b/w books having variance more than 50K USD & handling discrepancy call with client before books close
  • Clearing Interface discrepancy for the transactions stuck in interface by raising IT case & follow up to clear transactions, which are posted by analysts globally
  • Posting journals with accurate accounting strings & find alternate strings incase not activated in oracle
  • Reconciliation: Reconciliations of Accounts pertaining to Operating Expenses, Fixed Assets, Intercompany, Cash & Bank analyzing and clearing discrepancy lines with in the ageing of > 30 to 90days & attaching supporting documents in compliance with the reconciliation policy.

Accountant

M/s. Ambasciator Projects (P) Ltd
04.2006 - 09.2008
  • Responsible for accounts update and maintenance of various subsidiary ledgers and statements
  • Responsible for verification of physical stock, stock books and material consumed
  • Responsible for preparation of reports of material consumed and progress of work
  • Placing purchase orders with the suppliers and regular update of accounts payable
  • Responsible for preparation and filing of various quarterly returns with the Commercial Tax Department
  • Responsible for maintaining ledgers pertaining to Labour Department
  • Preparation of Price Fluctuation and availability report of Construction materials
  • Responsible for correspondence with the bankers for the credit facilities availed from the bank
  • Assisting Chartered Engineers in preparation of Valuation Report for submission at bank for term loan release.

Accountant

M/s. Aman Trading Co.
12.2004 - 03.2006
  • Responsible for accounts update and maintenance of various subsidiary ledgers and statements in the most widely used Accounting Package in India and abroad Tally Software
  • Placing Purchase orders with the suppliers and follow up of payments including regular update of Accounts Payable
  • Maintenance of Computerized Stock Register for more than 3000 varieties
  • Responsible for preparation and filing of various monthly Value Added Tax Returns with the Commercial Tax Department.

Audit & Accounts Executive

M/s. Iqbal Khan & Co.
06.2003 - 11.2004
  • Preparation and Finalization of Accounts of Companies, Firms and Non-Trading Organizations
  • Experienced in Statutory Audit of Banks and Finalization procedures for two consecutive years
  • Preparation of Statement of Assessable Income of Individuals, Firms and Companies as per the Income Tax Act
  • Have a first hand experience of writing of books of accounts of such as Cash Book, Bank Book, and other Subsidiary Ledgers
  • Reconciling books of accounts by identifying the source of discrepancy
  • Assisted Seniors in the preparation of Project Reports for the Companies extending various Credit Facilities with Banks.

Team Manager Operations

Capgemini
03.2019
  • Manage 40 members team as Delivery Lead for Operations Management Reporting & Record to Report/ General Ledger Process
  • Have been single point of contact for Record to Report Team & first point of escalation for Customer /client for operations
  • Responsible to provide daily performance updates to both senior management & customer
  • Leading initiatives of transformation for projects lead by the GPO with complete responsibility for service delivery
  • High Customer focus & ability to convert customer expectations into results or push back on unreasonable demands
  • Identify and communicate potential risks and failure points
  • Handles complex client specific queries, issues or escalations within the client context
  • Responsible for production Planning & meeting of KPI / SLA along with DTP & SOP preparation & approvals in regular intervals
  • Responsible to initiate continuous process improvements within process through different tools
  • Responsible to develop & groom team members to grown within organization
  • One to one performance feedback to team members on regular intervals
  • Have managed process in pilot stages and helping team managers to move process from Pilot to BAU without any lags.

Education

Bachelor’s degree in commerce -

Al-Ameen Arts Science and Commerce College
01.2003

Pre-University studies -

Al-Ameen Arts Science and Commerce College
01.2001

Skills

  • Financial Services
  • Reporting
  • Client Relationship
  • Team Management
  • Process Transformation
  • Implementation of software
  • General Ledger Accounting
  • Record to Report
  • Fixed Assets
  • Intercompany
  • Opex
  • Inventory Reporting
  • Revenue recognition
  • Accounts Receivable
  • Accounts Payable
  • Cash & Bank
  • Automation
  • RPA
  • Software implementation
  • Blackline software
  • Balance & Reserve Module
  • Lease Accounting
  • Overdue clearance
  • Simplified reconciliation macro
  • Report extraction from ERP's
  • Clean up of transactions
  • Automation & Artificial Intelligence for Cash & Bank Process
  • Auto Reversal Project
  • T-rec tool for reconciliations
  • Inventory Reporting Transition
  • Simple Governance Activities Transition
  • Conversion of Entity module to Process Module
  • Standardization project for Global Operating expense process
  • Open Items clearance project
  • Mass Allocation project
  • APAC & European entities
  • Fixed Asset
  • Cash
  • Reconciliation
  • Oracle 11i & 12r
  • SAP
  • Black Line tool
  • Microsoft power BI
  • Strong Analytical skills
  • Multi-tasking
  • Customer Service skills
  • People Management
  • Communication Skills
  • Recruiting and interviewing
  • Cost Reduction
  • Employee Scheduling
  • Operations Management
  • Task Delegation
  • Employee Performance Evaluations
  • Customer rapport
  • Team motivation
  • Money Handling
  • Microsoft Office expertise
  • Customer Relationship Management (CRM)
  • Business Development
  • Project management abilities
  • Employee engagement
  • Orientating and training
  • Employee performance evaluation
  • Financial Management
  • Workload Management
  • Staff Management
  • Policy administration
  • Budgeting and finance
  • Transportation and logistics coordination
  • Operations Oversight
  • Vendor Management

Websites

Personal Information

  • Date of Birth: 12/19
  • Nationality: Indian

Hobbies and Interests

Cooking, Playing Badminton, Cycling & Events Management

Timeline

Team Manager Operations

Capgemini
03.2019

Assistant Manager

Accenture
08.2015 - 06.2018

Team Lead

Accenture
07.2011 - 11.2014

Process Lead

01.2011 - 07.2011

Senior Analyst

09.2008 - 12.2010

Accountant

M/s. Ambasciator Projects (P) Ltd
04.2006 - 09.2008

Accountant

M/s. Aman Trading Co.
12.2004 - 03.2006

Audit & Accounts Executive

M/s. Iqbal Khan & Co.
06.2003 - 11.2004

Bachelor’s degree in commerce -

Al-Ameen Arts Science and Commerce College

Pre-University studies -

Al-Ameen Arts Science and Commerce College

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SYED ABBAS