Aditya R2R GL
- 1. RESUME ADITYA ARUN BHAT # 301 Gaana Residency, Kumaraswamy Layout, Contact: +91 9731151264 Bangalore-78 Email: adityaarunbhat@gmail.com Career Objective: Seeking a suitable and challenging position in a reputed industry to effectively utilize my interpersonal skills and technical abilities that offers Professional growth while being resourceful, innovative and flexible. EMPLOYMENT CHRONICLE May’14 – Till Date Hewlett-Packard India Sales Pvt Ltd Financial Analyst (IC) (Costing, Inventory and FP&A (Reporting)) Profile: Costing, Inventory and Reporting in Supply chain management Costing: • Been to Chennai for transitioning, IPG costing process and implemented successfully in Bangalore. • Setting up the cost in SAP for HP Products. • Calculating the Cost as per given by the planners. • Uploading the Cost in SAP on a monthly basis. • Following up with the planners for the right Costs. • New Parts Creations in sub systems(RSAP and FSAP) • Forecasting that all the costs have been uploaded and reflected as standard cost. • Analysing the cost roll up from the child parts to Parent parts. Inventory: • Been to Chennai for transitioning, IPG costing process and implemented successfully in Bangalore. • Inventory in Supply chain management for six APJ countries. • Inventory Reconciliation between sub system and GL on timely basis and report to management. • Inventory analysis to identify the differences and Post entries to clear the reconciling items. • Booking all IC related transaction in system. • Tracking all inter plant transactions for six APJ Countries and posting the entries in company books. • Suspense account clearing for all APJ countries. • NOR follow up with planners for the credit notes booked in system for damage parts.
- 2. FP&A (Reporting): • Responsible to prepare the Inventory analysis on a monthly basis • Responsible to send the reports to customers on a monthly basis • Downloading the data from SAP and matching the inventory in hand and send the details to country CFO. • Providing the costs and the analysis for the cost difference to country CFO. • Uploading the reports in HP share point for the country Reviews. • Having the Meetings with country finance team and providing the Data related to Inventory and costing. Highlights: • Received appreciation from Manager for good co-ordination and successful transition • Single point of contact for all TAX analysis for Singapore • Received appreciation from Senior Manager as quick learner and helping others in the team during transition • Was actively participated in UAT (User Acceptance Test) for the system migration from RSAP to FSAP. Testing purpose is to check the accounting flow and identify & resolve the issues • Maintained the Credit notes and physical returns lesser 30 days • Successfully completed the Internal Audit with Green Status in the first year of transition • Was active participant in Assurnet UAT testing. Testing Purpose is to prepare the reconciliation of myself and do quality check for the other worldwide teams June’11 – May’14 Capgemini Pvt India Ltd Process Lead (General Ledger Accounting, Intercompany Accounting Bank/Cash, Reconciliations and FP&A (Reporting)) Job Profile: Responsible for all the General Ledger, Banking, Intercompany and FP&A (Reporting) Activity. General Ledger: • Part of remote transition. • Responsible for preparing desktop procedure for JE, Reconciliations, & Management Reports. • Ensure that daily deliverables are completed timely and accurately based on agreed service levels with the client. • Analyzing and Preparing all kind of JE (Prepaid, Payroll, Debt, DFC) • Posting Accruals • Responsible for Month End close Activities • Performing Balance Sheet Reconciliations on monthly basis ( Prepaid, Debt and Interest, DFC, Payrolls, Payables and Receivables, etc) • Follow up with clients for month close activities.
- 3. • Responsible for solving the Reconciling item. Banking: • Part of remote transition. • Posting all kind of JE related to Banking (Interest, Bank Fees, All the Cash Transaction) • Posting Accruals. • Responsible for doing Month End Activities. • Performing Bank Reconciliation on monthly basis. • Responsible for solving the Reconciling item. • Handled critical entities. • Responsible for monitoring all the Bank Accounts on Daily basis. • Responsible for clearing the Bank Accounts on Daily basis. Intercompany: • Part of remote transition. • Posting all kind of JE related to Intercompany. • Responsible for doing Month End Activities. • Verifying the Capital Contribution through from parent to Child Company. • Allocate the dividend based on the step plan provided by treasury. • Run IC matching report and make sure that all the IC have been reconciled, if not, finding them out and fix them. • Post Long Term Contribution re-class entry correct cost centre based on original cost centre. • Allocation of payroll to the respective employees based on the plant (Salaries, Wages, Taxes) • Uploading SAP data in to BPC (Business Process Consolidation) and reconcile the data between SAP and BPC. • Posting Accruals. • Performing Intercompany Reconciliation on monthly basis (Intercompany Payables and Receivables). • Allocate the Management Fees based on the step plan provided by treasury. FP&A (Reporting): • Part of remote transition. • Submitting of Cash Flow report in BPC Tool (Business Processing Consolidation). • Responsible to upload the SAP data to BPC on monthly basis. • Reconciling the data from SAP to BPC. • Responsible to perform the MD&A Reports on Monthly Basis. • Responsible to prepare P&L Analysis on a monthly basis. • Responsible to send the Reports for clients on timely manner. • Responsible to clear and do analysis on mismatch in Cash flow and BPC.
- 4. Highlights: • Yellow Belt Certified • Handled more than 500 Bank accounts and doing the Reconciliation for the same. • Appreciated for identifying and clearing the balances ($2.6 million) lying in Bank Accounts from years. • Received Performance Award for the month of Mar’13 • Received Spot Award in the Month of Oct’ 13 Apr’10 – June’11 Cambridge Solutions (Xchanging) Financial Assistant (General Ledger Accounting, Bank/Cash, Reconciliations and Reporting) Escrow Accounting is managing funds on behalf of a client for a special purpose. The Escrow Account is fiduciary in nature and the objective of managing this account is to ensure sufficient funds are available to make payments when there is a liability arising out of claims. Job Profile: Accounts monitoring: Monitoring over 130 clients on daily basis. Invoicing: Rising of invoices against the clients with low balances. Deposits: The client sends in the amount requested. The bank reports (Wells Fargo bank) are generated and deposits recorded in Oracle – Ovation claim system. Bank vs. System Tie-Outs: Reconciliation between the deposits entered in the system versus what is shown on the bank report, also includes justifying any differences. Analysis (Increase in Est. Balance): If the established balance is too low to handle the activity in the account, an analysis of the account is performed to arrive at the new established balance. The desired Established balance is communicated to the clients and if agreed upon, all records are updated. Month End Reporting: Generating reports for the prior month and emailing them to the clients. Most of the clients fund out of the ME reports they receive. Impound Account Reconciliation: Impound account is a storage account for deposits. This account is used when: 1. Funds are received from the client, but the purpose is not known 2. Funds received for a large payment not yet entered in the system. 3. Funds transferred from client’s account, to hold until returned to the client. At month end, this account is reconciled to determine the authenticity of the transactions lying in the impound account . Client Termination: It is the final step in Escrow Accounting. A client would discontinue their TPA operations with Xchanging if 1. They are unhappy with the services provided. 2. They have found a new TPA 3. They prefer handling their own claims…etc.
- 5. Whatever the reason is, if the client wishes to discontinue operations with Xchanging the escrow balance owed to them is returned after consultation with the AR department to ensure there are no dues pending to be received from the client. Highlights: Handling over 110 clients within 2 months of joining and appreciated for the same. Received Performance Award for the month of July’10 Appreciation from clients for timely delivery. Nov’08 – Mar’10 Hewlett-Packard (HP) GBS (Global Business Services). Financial Assistant (General Ledger Accounting, Intercompany and Reporting) Job Profile: General Ledger and Inventory. Accountabilities: • Responsible to track and account for the inventory movement for the entire Europe and Middle East region • Reconciliation of Balance Sheet (inventory accounts) accounts. • Reporting the P&L impacts on a monthly basis and analyzing the same. Ensuring any huge impacts are brought to the notice of the Analyst • Ensure that the Balance Sheet depicts true and fair view of state of affairs of business. • Ensuring Process Documentation and Process Activities in compliance of ISO standards • Work with the internal team to improve the quality of the reconciliation prepared by the team. • Work with the internal team to improve the quality of the reconciliation prepared by the team. • Reduction of escalatables of huge amount due to effective analysis of the issue. • Follow up on the action items and focus on until closure with the IT. Highlights: • Rigorously follow up with IT to correct the stock report of parts which were already consumed/used. This correction itself led to a huge decrease in delta of around 1.5 million in the good inventory reconciliation. • Acquired business skills through training and certification on client system and processes. • Handled complex entities independently and entity specific activity being the single point of contact. Achievements: • Performance Award for the month of Oct’09 • Received Customer appreciations for contribution to the Department.
- 6. • Received 14 value cards Computer Skills: Microsoft Tools : MS Word, MS Excel, MS PowerPoint Operating System: Windows2000, XP, 2003 ERP’s: Tally 7.2, SAP BW, SAP, Oracle and BPC (Business Processing Consolidation). Educational Qualification: Personal Details: Full Name : Aditya Arun Bhat Mother’s Name : Nirmala Arun Bhat Sex : Male Date of Birth : 05 Apr 1986 Nationality : Indian Marital Status : Married Hobbies : Cricket, Swimming, Reading Languages Known : English, Kannada and Hindi Permanent Address : # 301 Gaana Residency, Kumaraswamy Layout, Bangalore-78 Examination Discipline/ Specialization School/ college Board/ University Year of Passing % ICWAI Cost Accounting B.C.C.A, Bangalore Kolkata University Still Pursuing 50% (Foundation) B.Com Commerce VET College, Bangalore Bangalore University 2008 67% PUC PCMB Dr. A.V.Baliga, Kumta Karnataka 2005 45% S. S. L. C S. S. L. C Nirmala Convent, Kumta Karnataka 2002 59%
- 7. Phone Number : +91 9731151264 Declaration: I hereby declare that the above-mentioned information is correct up to my knowledge and I bear the responsibility for the correctness of the above-mentioned particulars. Place: Bangalore (Aditya A Bhat)