Ravi Singh, CMA

Experience

• 

  Serco

  Jan 2012 - Jan 2013

  Senior Executive- General Ledger Accounting

  • Managed countrywide Bank Reconciliation and Fixed Assets processes, including daily posting and reconciliation of bank transactions in SAP; cleared open items and liaised with teams for follow-up• Managed the end-to-end Fixed Assets lifecycle, involving creation, modification, disposals, and the posting of Depreciation and Amortization entries; submitted Bank Reconciliations during month-end processes

• 

  Jain Gautam & Associates

  Feb 2013 - Sept 2014

  Assistant Manager

  • Led a team consisting of 6 articles and 3 accountants, maintaining direct relationships with the employer (C.A.) and clients• Specialized in the comprehensive preparation and consolidation of financial statements, overseeing the entire process from bookkeeping to final assessments by tax authorities

• 

  Whirlpool of India Ltd.

  Sept 2014 - Jul 2017

  Senior Specialist- General Ledger Accounting

  • Managed the creation of Fixed Assets, implemented changes in Master data for Fixed Assets, and worked on Internal Order creation and Budget Allocation, along with Project creation• Conducted Depreciation Analysis and executed Depreciation Runs, including Amortization processes; generated Fixed Assets reports using Hyperion tool• Posted daily bank transactions in SAP, ensuring reconciliation and identifying AP, AR, and GL transactions before posting; cleared open items related to bank transactions and collaborated with the respective teams for follow-up• Prepared and posted Accruals and Prepayment Journals; managed month-close journal entries for Dividend disbursements, Retained earning adjustments, various accruals, and deferrals• Streamlined processes by working with the client, revisiting and updating all relevant SOPs to incorporate necessary changes• Undertook onsite transition to understand the Fixed Assets process Show less

• 

  Bureau Veritas Consumer Products Services

  Jul 2017 - now

  • Assisting in the development of annual budgets and forecasts; monitoring and analyzing financial performance against budget and forecast• Preparing weekly KPI’s to track revenue, production, and operating profit on weekly basis and to update the management on the status for their comparison against budget/targets for the month to ensure that co. is on track to meet the targets.• Collaborating with BU Managers to obtain the weekly forecast of revenue, enabling a real-time understanding of the business and its performance• Conducting weekly and monthly Profit and Loss (P&L) analysis to verify accurate cost allocations and communicating with Business Unit managers to provide insights on total expenditures relative to the budget.• Collaborating with cross-functional teams to improve financial processes and systems; preparing weekly reports such as Timesheet reports, Open Contracts reports, and Inter-co sub-contracting reports for BU managers to prompt appropriate timely action• Updating source files for PowerBI team to update the numbers in PowerBI• Preparing weekly analysis of Annual Leave to examine the overall leaves utilized by employees and to compare the previous month's accrual with the projected accrual• Preparing weekly analysis of Accounts Receivable (AR) to determine the amount collected from clients in comparison to the total outstanding, aiding in better cash flow management and providing a summary to management for evaluating whether the collection team has met their targets• Generating ad-hoc reports and flash reports as requested by the management and the Head Office• Managing recharges and allocation of common costs spent by the group co. / BU on behalf of other companies• Preparing payroll cost files based on business units fortnightly and subsequently distributing them to the respective Business Unit Managers, allowing them to analyze the overall salary expenditure Show less • Managed G/L and Bank Reconciliations, submitting Bank Reconciliation on XCERT tool, conducted Month-end closing activities such as accruals and deferrals, oversaw Petty Cash Management, handling Cost booking and Allocations, managing Fixed Asset creation/disposals and Depreciation, reviewed Balance Sheet and P&L, performed Cash Position Analysis, and generated Magnitude Reports • Reviewed all payroll costs, payroll accruals, and provisions, as well as monthly Netting processes and Intercompany loans • Supervised Accounts Receivable, including the Cash receipts process, involved coding and application of funds received from customers, resolved business queries, and providing MIS reporting • Updated Standard Operating Procedures (SOPs) for all team-handled processes Show less • Managed G/L and Bank Reconciliations, submitting Bank Reconciliation on XCERT tool, conducted Month-end closing activities such as accruals and deferrals, oversaw Petty Cash Management, handling Cost booking and Allocations, managing Fixed Asset creation/disposals and Depreciation, reviewed Balance Sheet and P&L, performed Cash Position Analysis, and generated Magnitude Reports • Reviewed all payroll costs, payroll accruals, and provisions, as well as monthly Netting processes and Intercompany loans • Supervised Accounts Receivable, including the Cash receipts process, involved coding and application of funds received from customers, resolved business queries, and providing MIS reporting • Updated Standard Operating Procedures (SOPs) for all team-handled processes Show less

  • Subject Matter Expert- Financial Planning and Analysis

    Jan 2022 - now

  • Domain Expert- General Ledger Accounting

    Jan 2020 - Dec 2021

  • Financial Analyst- General Ledger

    Jul 2017 - Dec 2019