Prakash. S

Email: ad3yd2@r.postjobfree.com

Mobile No: +91-893*******

DS2, Sri Vibhave flat, Lakshmi Nagar 7th St Extn, 2nd Cross St, Nanganallur, Chennai-600061.,India

Seeking assignments in Revenue Assurance and F&A or FP&A with an organization of repute

Core Competencies

Accounting Standard Codification 606

IFRS - 15

Revenue Recognition

Month-closure activities

General Ledger

Bank Reconciliation

Balance Sheet Analysis

Management Reporting

Inter-company Reconciliation

Project & Variance Analysis

Budgeting & Forecasting

Total Experience – 15+ years

Awards and Recognitions

GP Strategies – Process Excellence Award Year: 2022 (2nd Quarter)

GP Strategies - Process Excellence Award Year: 2022 (3rd Quarter)

Accenture – Performance Recognition Award Year: 2018

Accenture – Viking Award

Award Year: 2019

Polaris – Milestone Acheivement Award Year: 2011

Polaris – GEM Award of Finance

Award Year:2013

International Transition Experience

Dubai - 2 Years

Belgium – 3 Months

Career History

GP Strategies India Pvt. Ltd. Jun 2021 to till date

Revenue Accounting – Team Lead

Analysis of accruals and propose for reversals basis business reasons to recognize the actual revenue during the period by preparing journal entries.

Develop and provide monthly reports and analysis to upper management to support the revenue recognition assessment process.

Applying the principles of US GAAP(ASC606) to analyze Statement of Work (SOW), Master Service Agreement (MSA) to ensure projects and contracts setup as per compliance.

Receive project related documents from various project team, review and trouble shoot points mentioned over the documents to comply as per company policy.

Understand the project scope, identify activities/ tasks, task level estimates, schedule, dependencies and provide inputs.

Prepare project summary in project costing form by reviewing funding documents provided by operations team.

Enabling project setup team to set up projects and contracts in oracle on timely passion.

Review work at risk projects with contract summary report and work with credit risk team to complete their assessment.

Review and setup each project and contract by meeting SLA as fixed by the management.

Respond and resolve queries on project setup to various stake holders

Review US government projects and verify contract documents to ensure the appropriate terms used to seup contract.

Closely work with KPMG auditors for quarterly BDO audit by coordinating and providing the requested documents, reply audit queries on time to helps the auditors to complete the audit on time.

Organizing and hosting for weekly team huddle to discuss the process related improvements

Preparation of SOP documents, review regularly to update the process related change and obtain signoff from the onshore controllers

Participating process and technology related UAT’s and share the test results to helps the management to migrating to the new envorinment.

Hosting monthly connect with individual team members

Accenture, Chennai. Jan 2014 to Aug 2020

General Accounting – Senior Finance Analyst

Handled Microsoft Europe FPNA process

Transitioned and Migrated FPNA reports from Microsoft by getting knowledge transfer through various remote sessions and tested the reports across various phases e.g. Gate 1,2 and 3 and successfully received client signoff.

Travelled to Client location (Belgium) and worked closely with onshore controllers to get knowledge transfer and performed the reports in live environment.

Preparation of SOPs and reviewing them periodically and updating the SOPs accordingly if there are any additions to the existing reports and getting the same signed off by onshore controllers

Key responsibility to analyse projects before month end close (MEC) ensuring proper revenue recognition.

Partner with regional FP&A teams to standardize processes, prepare budgets and financial forecasts.

Reconciliation of balance sheet accounts. Perform ad hoc analysis and special projects as requested.

Maintenance of key performance indicators and accounting components such as general ledger accounts, cost centers and internal orders within the operating system.

Articulate financial results, changes and findings to Operational Managers & Account Executives in specified areas.

Periodical review meeting on revenue with account delivery manager.

Contributes to team efforts by participating in special projects, providing reporting, and performing other duties as needed.

Closely work with external, internal stakeholders on various project and successful implementation of assigned projects

Provide Adhoc support as needed basis using various reporting tools without any delay to meet SLA.

Polaris Financial Technology Limited, Chennai. Mar 2010 to Dec 2013

General Ledger - Finance Executive

Preparation of invoices including intercompany invoices & accruals to perform month end closure.

Email support on queries pertaining to invoices of various customers which are disputed by providing adequate information with proper enclosures or required information.

Reconciliation of Accounts Receivable, Earned unbilled with the General Ledger

Approvals on the cost to projects for payment verifying the project & accounting information.

Analysis of variance on actual cost and revenue to input variances in forecasting systems recommending actions to identified issues or exploit business opportunities.

Internal reporting: Preparation of reports for assessing the project delivery system and its efficiency to the top management for their assessment.

Preparing provision schedules such as outstanding expenses, RFC and travel provision

Perform month-end closure activities, which include reviewing and expenses provision.

Forex arrangements to employees who are travelling to onsite for client projects.

Preparation of travel advance ageing and controlling over the travel advance.

Follow-up with employees and get the travel advance settled on time.

Sharaf Shipping Agency LLC, Dubai. Jan 2008 to Feb 2010

Accounts Receivables - Accounts Assistant

Responsibilities:

Successfully transitioned Accounts Receivable for our clients/customers in Singapore and Middle East

Accounts Receivables:

Review and verification of receipt vouchers prepared to acknowledge & account the receipts.

Review & quality check on the Invoices prepared for receivables.

Clearing of unapplied/on account cash periodically.

Adjustment of credit memo based on supporting documents.

Division and customer/party wise preparation of accounts receivables statement to send dunning letters.

Emailing to sales/shipping personnel for the details of invoices to adjust/clear the cash received.

Creation and review of SOP’s.

Documentation and file management.

Involved in review, reconciliation and analysis of general ledger accounts, vendor statements and monthly productivity reports.

Preparation of journal entries

Air Travel Enterprises India Ltd, Chennai Feb 2005 to Dec 2007

Finance and Accounting - Junior Accounts Executive

Responsibilities:

Handling Accounts Payable and Receivable activities

Preparation of various financial reports to the management

Ensure timely payments to vendor invoices.

Preparation of credit memos, purchase orders and dispatching as per customers’ requirements.

Assisted in maintenance and completion of general ledgers.

Handled the tasks of negotiating due accounts.

Contacting customers concerning payment dues and account collections

Reconciliation of bank statements on monthly basis.

Scrutiny of Suppliers Ledger Balance

Preparation and maintenance of supporting documents such as bills, receipts, vouchers, invoices, purchase orders and employee attendance records

Co-ordination with administration activities on day to day basis

Liaison with bank for day to day activities

Education

2011 MBA(Finance)- Alagappa Univeristy

2003 B. Com - Bachelor of Commerce (Commerce) – C.K.N.C College for Men, Chennai

Computer Profeciency

SAP

Oracle (Financials)

Peoplesoft

Tally – 9.0

MS – Office

Personal traits

Goal oriented

Dynamic & smart working

Good in team lead

Good in interpersonal relationship and communications

Good in attitude

Thirst to learn new things

Languages Known

English

Tamil

Technical Qualification

Typewriting English Lower

Personal Details

First Name : Prakash

Last Name : Sekar

Date of Birth : 12.05.1983

Nationality : Indian

Marital Status : Married

Passport Number : Z6159926

Passport Validity : Till 2031

Address for Communication : DS2, Sri Vibhave flat, Lakshmi Nagar

7th St Extn, 2nd Cross St, Nanganallur,

Chennai - 600061

Place: Chennai Yours Sincerely,

Date: S. Prakash

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