Jitesh Sharma

Experience

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  GUINESS INSURANCE BROKING SERVICES PRIVATE LIMITED

  Jan 2014 - Jul 2014

  Accounts Executive

  Worked as an Accounts Executive in Guiness Insurance Broking Services Pvt Ltd from January to July 2014Responsibility Areas:• Preparation and handling of accounting and compliance related activities.• Preparation of MIS reports and reconciling the company MIS with the actual logins.• Analysing the commission statements and making a report of receivables and reconciling them.• Actively involved with the marketing heads on various points especially during the payout of salaries Show less

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  Genpact

  Jul 2014 - Jan 2016

  Management Trainee

  Management Trainee with Genpact for a leading bio-pharmaceutical client based in US & Europe. The client functions on SAP and uses Blackline tool for reconciliations. Finalization of the Balance sheet which includes the below activities:• Timely posting of the month journals• Clearing of the balance sheet accounts and intercompany accounts• Support FP&A to calculate and post various accruals• Support to FP&A to solve vendor related issues with AP support• Quarterly Balance Sheet review with the Regional controllers and the Finance lead to ensure control over each account Intercompany Invoicing and Allocation:• Calculating the intercompany expenses and recharging every month taking into consideration the intercompany agreements• Allocation of intercompany costs• Clearing of the intercompany accounts and responsible to settle any issue Cash Flow Forecasting :• Preparing the cash flow forecast for external bank accounts and In house cash to support treasury for finalizing funding requirements Trial Balance upload:• Upload of Trial balance for the entities which were not integrated with the client’s SAP at the end of each month• Identifying Intercompany eliminations and following up for the clearance of the differences• Discussion and resolving all the differences between the local books and the SAP books of account with the local team Balance Sheet reconciliations in Blackline tool Variance analysis for all the Balance Sheet accountsKey Support Areas: Providing support to Cash team during high volumes• Allocation of the bank balances from Autobank• Research of the open items in the Autobank and support clearing Providing support to the Consolidation team• Maintaining control over the Month end Journal entry checklist and ensuring timely signoff by each affiliate• Consolidation of the Variance analysis prepared by all the affiliates Providing support to the Supervisor in maintaining issue logs, activity tracker etc. Show less

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  Tata Consultancy Services

  Jan 2016 - Oct 2019

  Publishing client in Australia & New Zealand. The client functions on SAP and uses Blackline tool for reconciliations. Successfully completed the Offshore Knowledge Transfer (KT) and Go Live as this was a new transition project. Initially was handed over the responsibility of Month end closing activities which included:• Standard Journals – Prepayments, Amortization, Accruals, Reclass, Recharge & True Up/True Down.• Reporting – Travel and Expense Report, Outstanding Claims Report & Staff Tracker Report.• Intercompany Reconciliations. Also involved in the implementation of Blackline reconciliation tool in which acted as the role of the trainer and took sessions which included the basic understanding of the tool, navigations, usage of templates and the role of the system admin. Team handling Experience with the responsibility of the reviewer for the month end activities and Blackline reconciliation. Show less

  • Business Process Lead

    Jul 2018 - Oct 2019

  • Business Process Lead

    Jan 2016 - Jul 2018
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  Freelance

  Nov 2019 - Jan 2021

  Chartered Accountant

  Practicing Chartered Accountant from October 2019 to January 2021.• Accounting and bookkeeping experience for a variety of small to medium sized firms.• Filling of Income Tax & GST returns.• ROC Compliances• Liasioning with Tax Authorities at the time of assessment.• Auditing.

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  Indorama Ventures

  Feb 2021 - now

  Senior Process Associate

  Involved in remote transition for a Thailand based entity functioning as a treasury center.Work performed includes Month end closing, Reconciliation, Banking functions, MIS preparations, Audit support.