Ericsson
Ericssion
Total years of experience :14 years, 4 Months
• Monitor the cost for all the R&D cost center and continuously in touch with various accounts function for validation or correction of cost.
• Assist managers to raise purchase order and talk with the account department to get it booked correctly and give them sign off for further amortization of asset.
• Monitor and drive the accounting of revenue for the India R&D cost center and also provide the input for leakage of revenue if so and hence accounting for that.
• In the month end we take care of common cost distribution to the respective cost center and at the end validate the entire allocation process to avoid any mistake
• Calculate Man Hour Rate and validate time booking done and hold meeting with the manager to discuss leakage of revenue and then get it done
• Prepare dashboard at the end of the month for India R&D units and discuss with the concern managers, give them insight of the unit also recommend the corrective measures.
• Prepare forecast with the help of Manager and consolidate.
• I have prepared few macro which help to automate the process i.e. common cost distribution macro, Macro to create dashboard.
• Performing the month end close (MEC) activity beginning with detailed month-on-month analysis and review of employee benefit and compensation cost trends primarily for the Asia-Pacific and European region. And then validating and uploading the payroll related data received from the payroll vendor into the Oracle general ledger (GL). And also reviewing the analysis done by other team members.
• Help in calculating Man Hour Rate to facilitate the intercompany billing and settlement
• Perform variance analysis between current month and previous month data and substantiated the difference with proper reason and also perform cost/profit center based analysis.
• Preparing accrual, standard and adjustment journal voucher
• Performing intercompany settlements through the Global Intercompany System (GIS) to transfer liability and cost for the employee movement between operating units and also to transfer the payroll related payments between operating units whenever the bank account is shared by two or more units.
• Validating the payments/receipts booked in the GL with the outgoing/incoming in Bank. Thus, preparing Bank reconciliation statement every month during the MEC.
• Handling of reconciliation preparation activity for the European region which involves research, analysis follow-up, obtaining the resolution and finally updating Assure-net metrics.
• Automate the Pre upload Analysis file for DAKO and also prepare macros to automate/streamline process.
• Prepare payroll accounting dash board after month end for all the countries. Dash board contain statistical data for all the employee in different countries, their salaries, termination, new joiner information at country level and dash board sent to higher management
End to end accounting
