Vipul Bindal

• Lead month-end closing and reporting transformation processes, ensuring timely and accurate financial statements for executive review.
• Acting as Process Improvement Leader(PIL) for data governance.
• Develop and implement standardized closing procedures, resulting in a 25% reduction in closing cycle time and improved data accuracy
• Standardized and automate the Intercompany process.
• Conducted variance analysis and provided insights on financial performance to management
• Implemented finance automation solutions, reducing manual efforts and improving data integrity
• Conceptualizing, designing, implementing and maintaining Analytics Automation solutions for finance & accounting.
• Experience in driving digital transformation and building advanced analytics solution, automation solutions, applications and project management
• Well versed with Power automate, Power BI,Power Apps, MS - Flow, Easymorph, SQL, SAP, HFM, BLACKLINE.
• Providing digital enablement for service delivery teams in Rio Tinto through automation, analytics and app development.
• Advanced analytics / Prescriptive analytics implementation in audit.
• Acting as a thought advisor on data & analytics and automation for leaders to support strategy and decision making.
• Tracking vendor performance, understanding of requirements from leaders and teams, gathering data from multiple sources & aggregating and transforming data using SQL/Easymorph and creating reports and dashboards using Power BI.
• Understanding user requirement and integrated SAP system with Power BI application for real time data reporting.
• Planning and implementation of the standard practice & strategies to maximize revenue.
• Implemented and developed operational standards, policies and procedures.
• Stake holders requirement gathering & prioritizing product features based on client & user feedback.
• Development of Wireframes, User Stories & Non-Functional Requirement document and conducting daily Scrum, Sprint Planning, Timeline & Effort Estimation, tracking sprints through Sprint Burndown charts.

Projects:

• SAP to Power BI integration on various financial reports (Financial Statement Review, Month-end FX rates, Inter-company reconciliation, Vendor aging report).
• Integrated all the control accounts reconciliation with SAP to have the real time account reconciliation and eliminated the manual efforts across geography.
• Eliminated IFRS-2 manual journals and replace with the central adjustments across 135 Rio Tinto entities.
• Automated Intercompany reconciliation and reduced the mismatches overall by 90% at Rio Tinto consolidation level.
• Replaced JIRA with Power BI to record month-end task.
• SOX compliance dashboard for compliance & internal audit team
• Developed Power Apps application for Desk & meal booking for all Rio Tinto employees for hybrid work model.
• Developed Power Apps application for Idea submission bank for all Rio Tinto employees.
• Standardized Intercompany customer/vendor reconciliation account, Planning group and payments term that helps to improve the correct account reconciliation mapping.
• Prepared Governance model for the entity closing down.
• Standardized the reporting for variance analysis for actuals with forecast & highlight the deviations and publish for management to analysis the OPEX & CAPEX variations.
• Developed monthly, quarterly & yearly annual revenue & cost report with geographically wise view to take decision for effective market.

• Built strong relationships with customers through positive attitude and attentive response.
• Responsible for Month end closing and Annual Closing of Balance Sheet & profit & loss.
• Financial reporting – Publishing weekly/monthly performance reports (MIS) on various business parameters (P&L, BS & Cash flow).
• Financial analysis – Deliver meaningful, accurate and timely in-depth business insights by forward-looking analysis, and by summarizing it in a way that made it easier for audiences across all levels to understand to aid in business decision-making.
• HFM reporting – Uploading actual & plan numbers, clearing off validations, reconciling IC mismatches, uploading webforms, passing FDM & HFM journals and reviewing BS Reconciliations.
• Managing the Share based payment and ensuring no IC mismatch for Share based reporting .
• Centrally managing SOX controls for SH/NH scope and has been prepared the dashboard in PBI tool.
• Provide training, supervision and mentoring to a team (span of 17 FTE's - Team size) in areas including R2R, P2P, O2C. Also, responsible for their career growth.
• Variance analysis reporting and Plan loads.

• Ensuring accurate accounting of Revenue and Expenditure (Internal and External) which includes system-based journals and extracting reports of these transaction and journals are posted in GL (Journals includes – Internal and External AR &AP posting, Cash Postings, Monthly revaluation, Bad Debt and Cost provision, Accrual Journals, bank journal.
• Successful transitioned month end closing process along with Intercompany reporting and fixed assets management processes from Malaysia for a leading globally consumer manufacturing company.
• Handled month end closing cycle that includes month-end closing journals like accruals, provisions & prepayments, ensuring intercompany invoicing, intercompany payments & receipts globally and elimination of intercompany mismatches, P&L review & HFM upload.
• Communicate with global business counter parts to identify and eliminate potential intercompany mismatches and send balance confirmations.
• Responsible for balance sheet reconciliations and open item management to highlight in monthly closing calls and co-ordinate with entry owners.
• Handled monthly governance calls with onshore partners to take their queries and get them resolved.
• Monthly Team performance reviews and score card preparation.

• Posting of relevant monthly standard/nonstandard journals during month end closing.
• Ledger Reconciliation & Vendor Reconciliation.
• Operational Excellence Coordinator for Team which involves handling accountability for Process Analysis, Related Risk Analysis, Improvement, Automation, Process Stability and Control Analysis.
• Analyzing weaknesses in internal controls/ processes and suggesting procedures for improvement therein through management reporting
• Accountable for performance review and benchmarking of internal control function including risk assessment in various types of process and accounting.
• Cost Centers clearing and ensuring Zeroed global cost centers every month.