Manager
Genpact India Pvt LTD
Total years of experience :22 years, 8 Months
VAT Reporting & Reconciliation, Oct 2016 - present
Leading the team of six members for Granite Business which is 100% subsidiary of GE. Granite provides services to GE Clients globally. Currently team is handing 28+ countries and currently my responsibilities include:
• Dealing with the preparation and submission of VAT returns on monthly basis
• Ensure all the VAT returns are filed on timely basis and in compliance
• Preparation of Quarterly VAT & Tax account Reconciliations
• Preparation of Quarterly Tax Provisions
• Preparing and presenting the reports in support of Withholding Tax, Shadow Payroll and Professional Fees and analysis on special request from customer
• Supervising the performance of team members and advising them for further improvement in work culture.
Assistant Manager - Closing & Reporting
Monthly & Quarterly Journal Posting, Timely Ledger Submission, Edit Tracking & clearance, Inter-company & Business Share Variance Tracking & Clearance, Preparation & Presentation of Balance Sheet to the customer, SEC Submission, As an Admin of Rec Tool responsible for Timely GL balance load to Rec Tool, Rec Assignment and Timeline setup for the team, Preparation of Balance Rec, Timely closer of open items, Peer review of reconciliation of other businesses, Responsible for any improvements and new changes/Testing in TLM, Train new team member and client on rec tool, MAC screening for new accounts.
Initiative: Successfully Implemented TLM reconciliation tool in process, UAT of TLM tool and as a admin to ensure any further enhancement requirement for the betterment of reconciliations.
Application & Tools: MS office, Oracle, TLM
Recognitions: Silver Award for timely & successful implementation of TLM tool in process
Job responsibilities includes analysis of Irish Loan models job responsibilities involves the updates of rates and making of summary page for the different loan models. Monthly preparations of Tax benefit summary and quarterly preparation Full Inclusion Test. Management of loan data base it involves uploading the new loans, transaction relating to loan etc.
Successfully transition of six processes and prepared all the documents like SOP, Process Maps, Escalation metrics, Risk and control Metrics and got signed off from the process owner. Stabilized the transitioned processes and timely submission of all types of reports.
Job Responsibilities:
• Manual Accounting for Non Deliverable Swaps
• Manual Accounting for Business Specific Trades
• Reconciliation of data flow from sub ledger to ledger
• Review of balances account reconciliation
• Preparation of Government reports and timely submission of reports
• Researching and resolving the cash open items
• Valuation of Embedded Derivatives on Monthly and Quarterly basis
• Quarterly valuation of Mark to Market numbers
Process Improvement:
Setup the process for Business Specific Artesia Trades to post the correct monthly accounting entries. Previously the accounting entry is posted based on the cash open items where the chances of manual error are very high.
• Daily Reconciliation of card holder accounts.
• Monthly & Weekly Dashboards for the process
• Handling all types of customer queries
• Doing Qualities Checks for the process to maintain the Six Sigma
• Training the new joiners as they hit the floor and mentoring them till they come to the mark of achieving targets set by the customer
• Downloading and Allocation of work to team members to maintain process TAT
• Conducting BCP testing every month for the process
• Preparation of monthly escalation matrix and write back of aged items
Recognitions:
• Two Times Instant customer award for showing the high productivity targets with accuracy & taking new initiatives in the process.
• Showed out of box thinking in reducing the research timings for the process benefit.
• Maintenance of all the Company Accounts & Contract Accounts.
• Maintenance of Accounts Book - Ledger, Bank, Cash etc., Reconciliation of Bank Account, Payroll, Maintenance of Contract Accounts and making all the necessary account reports using Computerized Accounts.
• Voucher Entry, Purchase bill entry, Payroll Entry and making all the reports necessary by accounts, stores and purchase department. Using MSWord, MSExcel and other Data Entry Software's.
• Maintenance of Company Website, making Company Product Catalogues and Product Presentations for international Clients using PowerPoint & Photoshop.
Master of Commerce, Lucknow University