Keywords
Accounting
Business Processes
Risk Management
Accounts Payable
Accounts Receivable
Sales
General Ledger
SAP Applications
Mutual Fund
SAP Treasury and Risk Management
Skills
CONSULTANT IN BUSINESS ADVISORY SERVICES AT Ernst & Young India LLP: Key skills include SAP Treasury & Risk Management, FICO and financial reporting.
Details of various projects as below
Nestle India Ltd, Aircel & NIIT Technologies:- GST enablement which involves end to end GST law analysis to understand impact on all the business process and solutions for reporting the same in SAP keeping in view of other laws.
Suzlon Energy Ltd.:- Assignment involved review of migration of tax procedure from TAXINJ to TAXINN. Reviewed all the business processes to understand the effects, optimized tax codes, mapping of old tax code with new tax codes, application of notes and migration of old PO’s.
Reliance Industries Limited – End to end business transformation of various securities and money market instruments on SAP platform.
Micromax Group - Assignment entails bringing 3 different legal entities across multiple countries on to SAP platform.
Details of various projects as below
Nestle India Ltd, Aircel & NIIT Technologies:- GST enablement which involves end to end GST law analysis to understand impact on all the business process and solutions for reporting the same in SAP keeping in view of other laws.
- Understanding and analyzing all the current business processes through user meetings with various teams and stakeholders, keeping in view of GST law.
- Performing end to end Impact Analysis which involves analyzing the existing legacy system and business process, performing gap analysis from GST point of view and suggesting solution to capture all the business requirements in alignment with GST law requirements.
- Provide solutions on various processes like GST (CGST,SGST,IGST & UGST) invoice processing, invoice creation with separate GSTIN numbering, Reverse charge mechanism scenarios including imports and self-invoices, Input service distributors, reporting for various GSTIN registrations throughout India, Asset accounting, material and asset inter-state transfers, scrap sales, tax payments & adjustments, tax on advances, intercompany transactions etc.
- Implementing the suggested solutions in business processes & system so as to facilitate various types of financial reporting, accounting, compliance, GST law and business requirements.
- Enable Reporting solutions by preparing reports & extractors to facilitate reporting in ASP & GSP as required by GST law for various returns.
- Assist users by providing support for various issues faced in live GST scenarios.
Suzlon Energy Ltd.:- Assignment involved review of migration of tax procedure from TAXINJ to TAXINN. Reviewed all the business processes to understand the effects, optimized tax codes, mapping of old tax code with new tax codes, application of notes and migration of old PO’s.
Reliance Industries Limited – End to end business transformation of various securities and money market instruments on SAP platform.
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- Design and implementation of SAP Treasury & Risk management operations which includes investments in stocks, partnership firm, mutual funds, preference shares, borrowings like commercial paper, term loan, buyers credit, suppliers credit, PCFC, syndicated loan, fixed deposit, various facilities on term loan, working capital etc.
- Performed end to end Go live and implementation of 5 different entities – Reliance JIO, Reliance JIO Retail, Reliance Retail, Reliance Industries Limited and Reliance Gas and Pipeline Limited.
- Performed rollover of 3 reliance group companies – IMG, GTIL, Reliance industries & infrastructure Limited.
- Training of business users for performing front office and back office transactions in SAP
- Design of various MIS reports like loan summary report, quarterly interest report to fulfil business requirements.
- Resolution of various month end business issues in MIS so as to accommodate smooth closure of books.
- Developed dashboard for bank letters, comprehensive loan reports, rate update program etc. in transactions.
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-
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-
- Performed review of SAP Treasury & Risk management operations which includes investments in mutual fund, fixed deposit, employee loans and RTGS transfer
- Preparation of review report and discussion with CFO and other stakeholders to discuss the shortcomings & how to correct the same and suggestion to improve the process.
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-
Micromax Group - Assignment entails bringing 3 different legal entities across multiple countries on to SAP platform.
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-
-
- Its parent company has sales and service and operations ranging across all parts of Indian Subcontinent. Providing solutions entailed devising organization structure that ensured scalability and efficiency in reporting.
- Analyzed the existing legacy system; gathered functional requirements through user meetings, gap analysis, and participation in process improvement teams.
- Designing of business processes and identified areas to streamline processes in multiple functional areas.
- Designed and implemented SAP Treasury & Risk management operations which includes Fixed Deposit, Mutual Funds, Derivative Options and Forward.
- Handling FICO module including Accounts Payable, Accounts Receivable, Asset Accounting, General ledger, product costing, cash & Bank along with Profitability reporting.
- Created Master records, accounts groups, chart of accounts and G/L accounts for each company code, accounts maintenance and preparation to master files.
- Configured for vendors subject to withholding tax, interest calculations on item/balance interest calculation, interest on arrears, account balance calculation on account balances / line items
- Defined expense accounts, revenue accounts for realized exchange rate difference, differentiated the accounts by currency, exchange rate gains, exchange rate losses and then posted to separate accounts for the individual currencies and foreign currency valuations
- Integration of FI with Material Management and Sales & Distribution with Procure to Pay and Order to cash Cycles.
- Provided end to end scenario simulation for their various business processes like Sales, taxation, Import & domestic purchase , treasury operations , Cannibalization of sales return , Dye accounting. etc.
- Assisted in designing solution for Electronic payment and Electronic Bank reconciliation and implementing the same with multiple banks.
- Preparations of hedging report, aging report of Debtors and creditors, MIS Reports
- Independently provided Accounts Payable, Accounts Receivable, General Ledger, Asset management and Treasury & Risk management trainings to users of all the 3 legal entities separately.
- Worked on cutover strategy formulation along with ensuring that the data prepared for migration was as per the best standards. Acted as a single point of contact for around all the three entities to resolve their post go-live issues in Accounts Payable, Accounts Receivable, General Ledger, Asset management, Cash & Bank, Fixed Deposits, Mutual Funds, Derivative options and Forwards.
- Preparation of Balance Sheet, Profit/ Loss Account and Cash Flow Statement as per Schedule VI in Business Intelligence/ Business object (BI/BO).
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- Periodic Closings of books of account.
- Analyzing Balance sheet accounts and preparing commentary for variances
- Preparation and Closure of Account reconciliations
- Preparation and Submission of management and external reports & posting of journals on SAP.
- Tracking monthly SLA performance, KPI’s and addressing customer issues and escalations
Project history
Nestle India Ltd, Aircel & NIIT Technologies:- GST enablement which involves end to end GST law analysis to understand impact on all the business process and solutions for reporting the same in SAP keeping in view of other laws.
Suzlon Energy Ltd.:- Assignment involved review of migration of tax procedure from TAXINJ to TAXINN. Reviewed all the business processes to understand the effects, optimized tax codes, mapping of old tax code with new tax codes, application of notes and migration of old PO’s.
Reliance Industries Limited – End to end business transformation of various securities and money market instruments on SAP platform.
Micromax Group - Assignment entails bringing 3 different legal entities across multiple countries on to SAP platform.
- Understanding and analyzing all the current business processes through user meetings with various teams and stakeholders, keeping in view of GST law.
- Performing end to end Impact Analysis which involves analyzing the existing legacy system and business process, performing gap analysis from GST point of view and suggesting solution to capture all the business requirements in alignment with GST law requirements.
- Provide solutions on various processes like GST (CGST,SGST,IGST & UGST) invoice processing, invoice creation with separate GSTIN numbering, Reverse charge mechanism scenarios including imports and self-invoices, Input service distributors, reporting for various GSTIN registrations throughout India, Asset accounting, material and asset inter-state transfers, scrap sales, tax payments & adjustments, tax on advances, intercompany transactions etc.
- Implementing the suggested solutions in business processes & system so as to facilitate various types of financial reporting, accounting, compliance, GST law and business requirements.
- Enable Reporting solutions by preparing reports & extractors to facilitate reporting in ASP & GSP as required by GST law for various returns.
- Assist users by providing support for various issues faced in live GST scenarios.
Suzlon Energy Ltd.:- Assignment involved review of migration of tax procedure from TAXINJ to TAXINN. Reviewed all the business processes to understand the effects, optimized tax codes, mapping of old tax code with new tax codes, application of notes and migration of old PO’s.
Reliance Industries Limited – End to end business transformation of various securities and money market instruments on SAP platform.
-
-
-
- Design and implementation of SAP Treasury & Risk management operations which includes investments in stocks, partnership firm, mutual funds, preference shares, borrowings like commercial paper, term loan, buyers credit, suppliers credit, PCFC, syndicated loan, fixed deposit, various facilities on term loan, working capital etc.
- Performed end to end Go live and implementation of 5 different entities – Reliance JIO, Reliance JIO Retail, Reliance Retail, Reliance Industries Limited and Reliance Gas and Pipeline Limited.
- Performed rollover of 3 reliance group companies – IMG, GTIL, Reliance industries & infrastructure Limited.
- Training of business users for performing front office and back office transactions in SAP
- Design of various MIS reports like loan summary report, quarterly interest report to fulfil business requirements.
- Resolution of various month end business issues in MIS so as to accommodate smooth closure of books.
- Developed dashboard for bank letters, comprehensive loan reports, rate update program etc. in transactions.
-
-
-
-
-
- Performed review of SAP Treasury & Risk management operations which includes investments in mutual fund, fixed deposit, employee loans and RTGS transfer
- Preparation of review report and discussion with CFO and other stakeholders to discuss the shortcomings & how to correct the same and suggestion to improve the process.
-
-
Micromax Group - Assignment entails bringing 3 different legal entities across multiple countries on to SAP platform.
-
-
-
- Its parent company has sales and service and operations ranging across all parts of Indian Subcontinent. Providing solutions entailed devising organization structure that ensured scalability and efficiency in reporting.
- Analyzed the existing legacy system; gathered functional requirements through user meetings, gap analysis, and participation in process improvement teams.
- Designing of business processes and identified areas to streamline processes in multiple functional areas.
- Designed and implemented SAP Treasury & Risk management operations which includes Fixed Deposit, Mutual Funds, Derivative Options and Forward.
- Handling FICO module including Accounts Payable, Accounts Receivable, Asset Accounting, General ledger, product costing, cash & Bank along with Profitability reporting.
- Created Master records, accounts groups, chart of accounts and G/L accounts for each company code, accounts maintenance and preparation to master files.
- Configured for vendors subject to withholding tax, interest calculations on item/balance interest calculation, interest on arrears, account balance calculation on account balances / line items
- Defined expense accounts, revenue accounts for realized exchange rate difference, differentiated the accounts by currency, exchange rate gains, exchange rate losses and then posted to separate accounts for the individual currencies and foreign currency valuations
- Integration of FI with Material Management and Sales & Distribution with Procure to Pay and Order to cash Cycles.
- Provided end to end scenario simulation for their various business processes like Sales, taxation, Import & domestic purchase , treasury operations , Cannibalization of sales return , Dye accounting. etc.
- Assisted in designing solution for Electronic payment and Electronic Bank reconciliation and implementing the same with multiple banks.
- Preparations of hedging report, aging report of Debtors and creditors, MIS Reports
- Independently provided Accounts Payable, Accounts Receivable, General Ledger, Asset management and Treasury & Risk management trainings to users of all the 3 legal entities separately.
- Worked on cutover strategy formulation along with ensuring that the data prepared for migration was as per the best standards. Acted as a single point of contact for around all the three entities to resolve their post go-live issues in Accounts Payable, Accounts Receivable, General Ledger, Asset management, Cash & Bank, Fixed Deposits, Mutual Funds, Derivative options and Forwards.
- Preparation of Balance Sheet, Profit/ Loss Account and Cash Flow Statement as per Schedule VI in Business Intelligence/ Business object (BI/BO).
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-
Local Availability
Only available in these countries:
India
