YATIN CHAWLA

Focused on timely and accurate revenue recognition, ensuring compliance with accounting standards. Implemented system controls to enhance data integrity and proposed new controls for improved financial data accuracy and efficiency. Identified and implemented strategies to clean up project masters, enhancing data accuracy and organization. Evaluated seasonality impacts on revenue recognition for diverse business types to inform strategic decisions. Demonstrated expertise in handling high-value contracts for precise revenue recognition and financial reporting. Strengthened the WIP confirmation process to improve accuracy and transparency in financial reporting. Monitored billing and WIP movements closely to facilitate corrective actions for revenue accuracy. Collaborated with business leaders and partners to resolve revenue discrepancies and enhance financial reporting, and worked with cross-functional teams to identify operational improvements.

Managed client database and billing to reduce errors by 15%, and implemented accurate pricing for services. Improved invoice processing time by 20% through effective contract oversight. Reduced unresolved receipts by 10% by resolving unidentified receipts daily. Ensured financial accuracy with daily bank reconciliations and enhanced transparency with daily bank statements and Debtor Aging reports. Increased profitability by 10% by approving subcontractor invoices and maintained high client satisfaction at 95% through thorough client account reconciliation.

Business Services Enabling Team (AR & Billing)

Managed cash application and reconciliation processes, resolving issues with project teams. Communicated with clients to resolve discrepancies and oversaw adjustments and refunds with project teams. Ensured accurate cash allocation and shared statements with clients, while also coordinating with project leads on payment details. Initiated write-offs and managed TDS charges and reconciliation entries for accurate financial reporting. Collaborated on billing estimates and aging reports with business leaders, ensuring adherence to client contracts for timely invoicing. Conducted review calls and reconciled client accounts for timely collections, investigating and resolving invoice discrepancies. Coordinated with project teams to resolve billing issues promptly and assisted in managing Work in Progress (WIP) for accurate financial reporting. Prepared MIS reports tracking financial metrics such as monthly DSO, unbilled invoices, and client receivables.

NCLT (Insolvency)

Managed databases for PwC clients undergoing insolvency, voluntary liquidation, and liquidation processes. Filed Claimant forms for clients in Corporate Insolvency Resolution Process (CIRP) to recover funds and assisted businesses with claims filing. Maintained a database of non-PwC clients, flagging them for future business opportunities. Conducted weekly data extraction from the IBBI portal, preparing reports for various Line of Service (LOS) management teams. Performed month-end closure activities and created provisions for PwC clients under National Company Law Tribunal (NCLT) jurisdiction.

Performed industry assessments and tested controls to evaluate effectiveness in ensuring compliance. Conducted detailed sampling to detect and rectify material misstatements from fraud or error. Applied analytical procedures and detailed tests where controls were inadequate. Documented findings meticulously and gathered substantial evidence to support audit opinions.

Managed procurement operations by approving Purchase Requisitions and Purchase Orders within defined timelines, ensuring accurate taxation and accounting across all Group Entities. Processed Vendor Invoices (PO & Non-PO) in compliance with company policies and SLAs, maintaining precise accounting records. Effectively monitored client accounts, tracking, reporting, and suggesting corrective actions as needed. Conducted month-end closure activities including payables, receipt invoices, and payments accounting. Led User Acceptance Testing (UAT) for new functionalities on ORACLE cloud modules. Oversaw Purchase Order processes from creation to management and amendments, and handled Receipt of Goods activities including full, partial, and quantity corrections for Purchase Orders.