Tejas Raghunath Surte
Pune
Summary
8 years of working experience in multinational companies, General Ledger, Record to Report (R2R) domain, Proficiency in Journal entries, end-to-end accounting, Bank reconciliations, Balance Sheet reporting and monthly reporting to management and stake holders. Experience in process transition, team handling, and maintaining good relations with stakeholders. Expertise in root cause analysis and identifying issue and provide solutions accordingly, also maintaining the aging of the receivables and payables taken follow up with the open items and resolve the same. Completed 3 Years of CA Articleship and cleared first group of CA Inter examination. Knowledge of IFRS, accounting concepts, financial management, business communication. Got chance to work as a team member, Individual contributor also having team handling experience and given process training to team members conducting knowledge sharing sessions with other team and participated in critical activities.
Overview
8
8
years of professional experience
Work History
Accounting Reporting and Controlling Analyst (ARC)- R2R
Organisation-British Petroleum (BP)
01.2021 - Current
- Part of the record to report upstream Oil and gas Production Revenue Accounting (PRA) team
- Successfully transition process from Argentina to India
- Procurement statements from transporters analysis the statements booked revenue and analysis variance between current and previous month and finding out the reasons by perform variance analysis
- Responsible for accurately booked revenue with the help of statements and payment to royalty owners, tax to government, calculate deductions and withholding taxes
- Prepare journal entries, reconciliations, action taken on open items and follow-up on the same and clear it within 30 days
- Calculate the actual and budgeted volumes and treatment the variance accordingly by-passing journal entries to correct the estimate
- Reporting to state regarding the production, tax and royalties as well as taken tax benefits of low production by submitting reports in required format with the relevant province
- Performed month end closing activities, reconciliations and update to onshore of process progress, challenges and discuss plan of action of each month
- Work as an Individual contributor handling assign area with end-to-end accounting, reporting and prepare month end report to submit the management
- Successfully process transmission within the time and accuracy
- Transition for SAP S4 HANA to SAP PR2 module
- Completed User Accessibility Test (UAT) and set process
- Promoted as level 5th from 1st September 2023
- Streamlined financial reporting processes for increased efficiency and timely delivery of critical information to management.
- Enhanced financial accuracy by conducting detailed budget variance analyses and implementing corrective measures.
Specialist-General Ledger
Oragnisation- AXA Business Services
05.2018 - 12.2020
- Experience in General Ledger Record to report R2R and Actuarial work
- Team handling experience and reviewing Journal entries, reconciliations and managing and distribution of workload within the team
- Responsibility to manage cash and bank transactions as well as reconcile it on day-to-day basis
- As a part of the Actuarial team have knowledge of re-insurance, risk transfer, fund management, escheatment of funds, and distribution of funds
- Preparing the balance sheet reconciliations, journal entries, and analysis
- Summarize the fund as per the various categories and distribute the same as death claim, Policy renewal premium, Annuity, surrender, escheatment etc
- Got promoted from Specialist to Senior Actuarial Analyst
- Promoted as Senior Actuarial Analysis from 1st August 2020
- Led quality assurance efforts, maintaining high standards for all products and services.
- Improved team collaboration by initiating regular strategy meetings.
Senior Associate- Operations
Organisation-WNS Global Services Pvt Ltd
12.2016 - 05.2018
- General Ledger - Balance Sheet Reconciliations, Journal entries, and various account analysis
- Analysis of the bank statements, Open items, aging of dues as per the number of days, and reporting to counterpart
- FATCA Testing and checking Form W-9
- Prepared the fixed assets and Liabilities schedules in the Hyperion Financial Management (HFM) tool for general ledger record to reporting
- Identifying Intercompany Variances through reconciliation, and following up on clearance, and posting entries through the AGIS portal
- Prepared Sub-account, Departmental reclass journals on an AdHoc basis
- Handled team mailbox, worked on updates if any, and circulated the same within the team
Education
No Degree - Taxation, Law, Accounting, Costing,
11-2016
Completed 3 Years of Chartered Accounting articleship training and pass CA Inter group 1 in 2016. During the articleship period handle accounting, audit and finalization of books of Individual entities, Partnership, Trust and companies.
Master of Commerce - Management Account, Corporate Law, Taxation,
06.2012
Completed Master of Commerce from Pune University form 2010 to 2012 studied Management Accounting, Strategic Management, Income Tax, Financial Analysis and Control subjects.
Bachelor of Commerce - Business Communication, Corporate Law,
06-2007
Completed Bachelor of Commerce degree from University of Pune studied Business communication, Corporate Accounting, Business Management, Auditing subjects form 2007 to 2010
Skills
- SAP S4 Hana
- SAP PRA
- Oracle R12
- Hyperion Financial Management (HFM)
- Proficiency in Business Communication
- Team handling experience
- Knowledge of IFRS
- Accounting
- Management reporting
- Cash flow analysis
- Internal controls
- Variance analysis
- Stakeholder management
- Teamwork
- Excellent communication
Languages
English
Marathi
Hindi
Timeline
Accounting Reporting and Controlling Analyst (ARC)- R2R - Organisation-British Petroleum (BP)
01.2021 - Current
Specialist-General Ledger - Oragnisation- AXA Business Services
05.2018 - 12.2020
Senior Associate- Operations - Organisation-WNS Global Services Pvt Ltd
12.2016 - 05.2018
Institute of Chartered Accountants of India - No Degree, Taxation, Law, Accounting, Costing,
Pune University - Master of Commerce, Management Account, Corporate Law, Taxation,
B.Y.K College of Commerce - Bachelor of Commerce, Business Communication, Corporate Law,
Personal Information
- Date of Birth: 11/22/89
- Gender: Male
- Marital Status: Married
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