Pankaj Zade

Revenue Accounting & Reporting (RAR). Maintain Revenue Trackers, follow ASC 606 (IFRS 15) Revenue Recognition standard, Coordinate with Project Managers for revenue elated updates, Active participation in weekly contract review meetings with US counterparts ,Reconciliation between recognized revenue vs billing, help auditors for queries, check POC, Hours Report status for revenue recognition, Month end activities related to revenue department, MOM YTD variance analysis, ad hoc activities, prepare and pass necessary journal entries, provide robust calculation and working sheets for adjustment entries, involved in documentation of the tasks, initiate process improvements, streamline process by highlighting minor gaps in process, maintain process controls, Help other team members in their tasks, coordinate between revenue department billing department and FP&A department.

Month End Activities for Stock Team. Preparing monthly journal entries as needed. Help accountants to prepare accrual entries/adjustment entries. Generating sales invoices. Assist in sales provisions. Daily Reconciliation of Sales & raising query to concern team about variance. Perform stock reconciliation of 400 Retail Sites. Developing inventory analysis reports and analysing variances. Handling Business Address email box for queries and communication. Daily, Weekly & Alternate Day Activities. Stock Transfer. Preparation of Reconciliation Tracker & approval form. Train new team members and update SOP’s. Part of BAU planning where I can develop reports done by counterparts. Handling audit queries. Accounting Controls – Follow proper approval process, documentation, SOD, blocking/unblocking process for overall all control over process.

Achievements – Successful transition of Inventory process from Accenture & maintained 100% rate of reconciliation till date.

Analysing and forecasting of Cost & Revenue trends. Close tracking on Cost avoidances & Revenue leakages & to update the management on monthly basis. Ensuring correct Accounting, Controlling, and Reporting in SAP at all levels: GL, cost canter and profit centre analysis. Solely responsible for customers/vendors start to end accounting. GRIR clearing. Balance sheet reconciliations. Intercompany Sales Elimination workings and JE posting. Documentation. Intercompany Reconciliations – Canada vs. US entity. Assist Rolling Forecasting ROFO task. Assist in preparing Cash Flow statement

Ensuring Monthly books of accounts are closed as per IFRS/ GAAP guidelines. Ensuring Monthly Cost & Income accruals are correctly and timely accounted for. Posting accruals, pro-rata, provisions, adjustment entries in SAP. Preparing MOM deviation analysis for vendor & customer with in-depth explanation. Detail commentary on Variance analysis for Budgeted vs Actuals & Current month vs previous month. Engage with business partner for monthly sign-off by providing explanation on MOM & ROFO deviation.

GRA activity. Vendor Reconciliation. Liaise with AP AR team for corrections & clarifications. Liaise with Cash & Bank Team/ Payment team for advance/additional payments. Debit Balance Clearance. GR/IR clearing. AP Aging Report. Month End Activity. Vendor Master. Handling Business Address to resolve urgent queries of Vendor, Purchase order creators & Location (Local Finance Team). Manual Payment. Payment Proposal (fortnightly). Invoice Verification with three-way match of Purchase Order (PO), Goods Receipt (GR) & Invoice. Updating & Analysis of Error data bank of errors committed by users along with root cause analysis. Posting FI invoices in SAP. Ensure that the countries Control Dashboard for the location is always green by constant follow up to clear the pending items on priority basis. Conducting training for new employees on various Processes. Conducting client calls for process updates on fortnightly.

Processing AP Invoices with 3-way match in SAP, Perform minor tax calculation, Inventory Management, AR Invoices, upload cash receipt reports in SAP. Perform vendor reconciliation. Train new team members. Actively in team events. Processing AR Invoices in system.