Summary
Overview
Work History
Education
Skills
Personal Details
Hobbies and Interests
Disclaimer
Professional Synopsis
Competencies
Application
Timeline
Generic

Umesh Patnaik

Bengaluru

Summary

Dedicated to contributing to the success of an Accounts/Finance Team focused on driving organizational growth. Eager to expand expertise and abilities in a learning-driven environment that supports professional development. Committed to making a meaningful impact on both the company and personal career advancement.

Overview

10
10
years of professional experience

Work History

Project

Koch
06.2021 - Current
  • Review and approve journal entries prepared by GL accountants- Ensure entries are accurate, properly supported, and comply with accounting standards
  • Lead and coordinate the closing process- Ensure all GL activities are completed within deadlines- Verify accruals, deferrals, and adjusting entries
  • Oversee reconciliations of GL accounts- Investigate and resolve discrepancies- Maintain audit-ready documentation
  • Ensure adherence to GAAP, IFRS, or local regulations- Enforce internal controls over financial reporting (ICFR)- Support internal and external audits
  • Assist in the preparation of financial statements- Review trial balances and financial reports- Provide variance analysis and commentary
  • Supervise and mentor GL accountants and clerks- Allocate tasks and monitor performance- Provide training and guidance on accounting policies
  • Identify and implement process improvements- Collaborate with IT/ERP teams on GL module enhancements- Help maintain accurate chart of accounts and configuration
  • Liaise with AP, AR, Tax, and FP&A teams- Ensure intercompany transactions are correctly recorded and eliminated- Coordinate with external auditors as needed
  • Georgia pacific

HP Project

Microfocus
09.2019 - 05.2021
  • Preparation of Financial statement of Microfocus as per Indian Accounting Standards and Microfocus US Limited (4th largest subsidiary) as per US GAAP
  • Preparation of various notes to account such as Segment Reporting, Related Party Transaction, Foreign Currency Translation Reserve, etc.
  • Preparing the monthly, quarterly & yearly P&L and BS variance analysis on account level and project level
  • Liaison with auditors for resolution of issues and smooth completion of audits
  • Preparation of 'Inter-company knocking off 'of transaction on a monthly basis in order to eliminate the transaction at consolidation level
  • Maintaining Inter-company Ageing Schedule' to facilitate fund settlement across the Microfocus entities.
  • Coordination with other teams for financial-reporting and strengthening of accounting systems and internal controls.
  • Reconciliation of Accounts and Ledgers in Blackline.
  • Prepared process document on various work-related matters like Segment work, Inter-company transaction and Inter-company knock off, Entity work
  • Financial Statements & Notes preparation as per applicable GAAP
  • Controllership responsibilities
  • Other Roles

HP Project

Mphasis
03.2018 - 09.2019
  • Preparation of bank reconciliation every month for corporate bank accounts.
  • Preparation of accrual and prepaid journal every month and posting them into SAP.
  • Reconciliation of balance sheet account and posting various transactions –accruals, provisions, bank statement, intercompany etc.
  • Preparation and updation of balance sheet account schedules.
  • Month End closing activities

AIG
10.2015 - 04.2017
  • Preparation of P&L and balance sheet statement.
  • Handling of internal audits of assigned entities.
  • Reconciliation of balance sheet account and posting various transactions –accruals, provisions, bank statement, intercompany etc.
  • Preparation of intercompany reconciliation for every month and analysis of aging items
  • Preparation of Profit and loss account analytical review after every month close
  • Month End closing activities

Education

B.Com. - Accounting and Finance (Hons)

Vikaram Dev (Autonomous) College
Berhampur, Odisha
01.2012

Intermediate - Commerce

Vikram Dev Junior College
Jeypore, Odisha
01.2009

10th - undefined

Government high school
Koraput, Odisha
01.2007

Skills

  • Advanced computer applications diploma
  • Visual basics
  • Proficient in MS Office and SAP

Personal Details

English
Kanada
Hindi
Odia

Hobbies and Interests

Listening Songs, Reading Newspapers & novels, Surfing Net

Disclaimer

I do hereby declare that the above furnished information and details are true to the best of my knowledge and I have the responsibility for the correctness of the above-mentioned particulars.

Professional Synopsis

  • 10 years of experience in RTR Process.
  • Insightful knowledge in the process and applications such as SAP, Mainframe and MS Access Database.
  • Deftness in planning, SLA Management, Documentation, Customer Handling and other service delivery related tasks.
  • Adopt in analyzing information system needs and process needs, evaluating issues and troubleshooting.

Competencies

  • Good Analytical skills.
  • Understanding the client requirements.
  • Analyzing the issues and resolving the problems of the customers on time.
  • Planning and completing the tasks for the day on time with efficiency.
  • Taking up additional responsibilities.
  • Good spectator. I have also received many appreciations from my onsite Manager, offshore Manager for my keen observance in learning the process and in the tasks performed by me.
  • Involved in training of the team members on the process.

Application

  • Working knowledge on applications such as SAP, Oracle and Mainframe.
  • Good knowledge on MS Excel, MS word and PowerPoint and VBA

Timeline

Project

Koch
06.2021 - Current

HP Project

Microfocus
09.2019 - 05.2021

HP Project

Mphasis
03.2018 - 09.2019

AIG
10.2015 - 04.2017

Intermediate - Commerce

Vikram Dev Junior College

10th - undefined

Government high school

B.Com. - Accounting and Finance (Hons)

Vikaram Dev (Autonomous) College

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Umesh Patnaik