Navneet Singh

AREA of EXPERTISE
•Financial Accounting
•Treasury Operations
•Month / Year End Close
•Account Reconciliations
•Inter-Company Accounting
•Stat and Group Audit
•Financial Controls / SOX
•Cash Flow Control
•AR / AP / Payroll

•Strategic Planning
•Financial & Management Reporting
•People Management

InterContinental Hotels Group PLC informally InterContinental Hotels or IHG is a British multinational hotels company headquartered in Denham, UK. IHG pioneers in Hotel Management industry and it has over 742, 000 Rooms in 5000+ hotels in nearly 100 countries. IHGs brands include Candlewood Suites, Crowne Plaza, Even Hotels, Holiday Inn, Holiday Inn Express, Hotel Indigo, Hualuxe, InterContinental, Kimpton Hotels & Resorts and Staybridge Suites.

Financial Accounting:
•Managed monthly & annual closure of the General Ledger & related books of accounts.
•Supervised day-to-day operations of centralized Accounting, supporting Regional Operations in line with IHG key objectives.
•Defined, implemented and monitored standards and policies to ensure adherence to GAAP, agreed global procedures, statutory governmental regulations, and SOX requirements to minimize liability and risk.
•Ensured timely preparation and publishing of Bank reconciliation for over 400 accounts of Corporate and Hotel Banks across the globe.
•Analysed Profit and Loss accounts, accruals / provisions, and Prepaid Amortizations.
•Formulated and led the core team to analyse reconciliation open items in Hotel balance sheet accounts achieving lowest ever open items in the portfolio handled.
•Assisted in setting up and testing of automated Management and Accounting services billing approval workflow for Americas.

Corporate Finance and Treasury:
•Set up the Treasury wire payments process in India office transitioning the activities from Atlanta.
•Planned and managed the efficient utilization of cash and financial services.
•Analysed organisation’s cash flow and working capital requirements.
•Reviewed organisation’s investment portfolio along with evaluating the sources of financing.
•Prepared and published weekly/periodic cash forecast for various group companies across the globe.
•Managed the availability of cash in specific currency as per the forecast and investing excess cash in the bank accounts and processing various procurement, payroll and taxation payments.
•Management and accounting of Internal Treasury instruments ie. Discount Notes / Loans.
•Inter-Company settlements and subsequent use of internal treasury instruments.
•As a

Ensuring timely preparation of Bank Reconciliations.
•Kept strict vigil on automated clearings.
•Maintained accounting for intercompany transactions

Accounting for Intercompany transactions.
•Preparation of bank reconciliations including accounting for Treasury related activities of Cash Sweeps.
•Bank reconciliation for Delhi Corporate Office.
•Monthly and quarterly reporting of balances to onshore team in Switzerland

Maintaining the customer’s financial data to assess their credit ratings.