Mohammed Mushtaq

Senior Financial Analyst at Genpact Financial pvt LTD

• India - Hyderabad
• February 2008 to September 2016

Client: Converse(Nike)North America...A global leader in manufacturing shoes and garments
I am presently handling a General Ledger reconciliations and retail stores reconciliation and reporting, for-North America region where I am responsible for:

1. Reconciliations:

• General Ledger Reconciliations on daily basis with the BOA statement to finalized the closing balance.
• Bank Reconciliations(BRS)
• Posting Journal entries for all USA and Canada company code 11 and 33 company code
• Following up and resolving reconciling/open items.
• Assist in making rectification entries for wrong postings.
• Closing monthly all sub ledger books with General entries.
• Adhering to client’s reconciliation policy
• Updating recons reports on cognos application
• Maintaining all backups for auditing purpose
• Comply with TAT and Accuracy as per SLA / operations metrics.
• Retain the mails and approvals by taking back up.

2. Reporting:

1. Monthly Ageing Report: This report contains total accounts receivables from customers split into current(not past due) and past due(30, 60, 90, 120,
>120 days past due buckets)
2. Monthly AP&AR Performance Report: Last one year Accounts receivables and past due, percentage of past due to total AR, graphical presentation of the same.
3. Monthly AP Forecast: Report showing total AR to be received in the next month for the invoices getting past due.
4. Monthly Cash Report: This report shows daily cash receipts from customer in the previous month, total cash received in the previous month.
5. Monthly Recons Report: Preparing and submitting monthly GL accounts reconciliations reports on corporate website.

3. Control Desk(Cash Desk) Team:

• Downloading daily bank statements from bank
• Maintaining BOA Cash Application Trackers and Cash Logs
• Recording daily Cash and credit transaction from BOA statement in the cash sheet.
• Preparing bank reconciliation statements (BRS) daily and monthly.
• Identifying account numbers such as concentration account and lockbox account and provide the amount based on the transaction details on BOA statement.
• Reporting to senior accountant if any cash receipt unidentified such as Mis receipt.

Additional initiative

• Preparing all management report as per manager instruction
• Preparing CLS Reports every month and report out to client.
• Preparing Deck on weekly basis report to client on team performance.
• Setup client call with all team members at for next close.

Client(2): Delphi (Europe)...A global leader in Automotive, Commercial Vehicles Industry
Software Application: SAP FICO & MS. OFFICE (EXCEL)
Key Responsibilities: Sub ledger reconciliation.

 Reconciliation between AP to AR to avoid imbalance at month end Preparing Preliminary statement for entity 510 and 530 with sending a statement after investigation with updated final status.
 Follow up with the status updated after investigation for preliminary statement.
 Preliminary statement status need to check with the SAP T-code FBL3 and then give the vendor number and check whether invoice is in the open status or Yet to process or Rejected status
 Preliminary statement for 530 total 13 AR statements needs to check with the APTB530.
 All the preliminary statement starts 15th from every month till end of the month all the preliminary statement need to complete with all the resolution.
 If any invoice copies pending from AR teams to need to do follow-ups and update with all the copies and status with the Open or Copy received or Rejected.
 Preliminary statement for ARTB510&530 clear items please send mail to AR team with Paid details and clearing date then after getting remittance from AP hungry team payment confirmation those shouldn't occurred in the next statements.
 After completion of Preliminary statement then Immediately final statement starts from 01st of every month till the posting of JV for imbalance amount.