Summary
Overview
Work History
Education
Skills
Project Handled
Domain
Timeline
Generic

Himanshu Narula

Concord,Canada

Summary

Dynamic finance professional with extensive experience at Payfare, excelling in legal entity accounting and revenue recognition. Proficient in SAP and SQL, I drive process improvements and ensure compliance with GAAP. Adept at collaborating with cross-functional teams, I deliver actionable insights and enhance financial reporting accuracy, fostering informed decision-making.

Overview

12
12
years of professional experience

Work History

Senior Finance Analyst-Legal Entity Accounting & Reporting

Payfare
Toronto, Canada
06.2022 - Current
  • Managed legal entity financial reporting, ensuring accuracy of revenue accounting, contract cost accounting, and compliance with GAAP and internal financial controls.
  • Oversaw daily revenue and cost tracking, including funding reconciliations, cash and bank reconciliations, and cash applications, supporting effective legal entity cash management.
  • Prepared and posted complex journal entries and accruals for legal entities as part of the month-end close process, ensuring completeness and accuracy of financial records.
  • Collaborated with FP&A to deliver KPI tracking, variance analysis, and financial performance insights for reporting entities.
  • Actively supported external audit and interim/year-end reviews, coordinating with auditors and internal stakeholders to provide required documentation and analysis.
  • Conducted contract reviews and assessed revenue treatment under ASC 606 for new digital services, working closely with sales, legal, and business teams.

Revenue Controller

Fidelity International
06.2019 - 06.2022
  • Manage the Revenue Recognition process to ensure data accuracy, timely/accurate invoice processing and revenue reporting.
  • Lead Project for Performance fee automation starting from Information gathering stage to Execution.
  • Making sure that the invoices/refunds are issued to clients on a timely basis and revenue recognition is in accordance with the applicable policies and recognized accounting policies (ASC 606).
  • Managed end to end revenue recognition treatment including month end closing process, journal entries and related monthly reconciliations.
  • Managed the collection process, account receivable ageing report, reporting of bad debts, special projects, Variance trend analysis and Banking reconciliation.
  • Prepared and presented financial dashboards and visual variance reports to leadership using Excel and data visualization tools (Power BI).
  • Optimisation of the Revenue Recognition processes to remove the non value added activities. Inclusion of Internal Control to ensure the quality of the output and ensure appropriateness of Financial systems / Financial procedures (process improvements).
  • Ensured staff were trained to sustain Process Improvement.
  • Leading various stakeholder connects related to business and process updates.
  • Collaborate with Sales, Legal and Business Development, Sales force teams to review and interpret sales contracts agreed for new clients/new business including understanding of the Performance obligations. (Contract Review).
  • Led cross-functional project to automate billing and reconciliations, coordinating with tech and finance teams.
  • Supported Wealth Management clients through performance fee billing and reconciliation processes.

Financial Analyst-Financial Planning and Analysis

British Telecom, BT
07.2017 - 06.2019
  • Supporting Leadership in planning/decision making by forecasting/budgeting the indirect expenses, revenue and overall Labour cost.
  • Providing variance analysis from Budget / forecast including categorization of the variance as Timing, Trading and One off variance.
  • Reviewed and analyzed complex customer contracts to determine and document appropriate accounting treatment under relevant revenue standards.
  • Monitored and applied IFRS updates, including revenue-related changes under IFRS 15 and ASC 606.
  • Acted as part of the revenue recognition COE, presented revenue treatment and contract assessments to non-financial stakeholders, bridging the gap between technical accounting and business understanding.

Assistant Manager: General Ledger

Genpact
07.2013 - 12.2016
  • Led internal control framework for SOX compliance and financial controls across general ledger functions.
  • Handled all month end closing & reporting activities including technical accounting, Fixed Assets, Balance sheet and Income statement analysis, Reconciliations, Foreign Revaluation run analysis, Intercompany Analysis, SAP vs HFM, Maintaining of General ledger by recording the entries related to expense, revenue, assets and liabilities (accruals and prepaids).

Education

CPA Ontario - Accounting And Finance

09.2025

CA (India) - Accounting And Finance

05.2012

Bachelor’s degree -

in accounting
05.2009

Skills

  • SAP/JDE
  • Hyperion (HFM)
  • MS Office
  • Business Dynamics
  • SQL

Project Handled

  • Value stream mapping of Revenue Billing Process, Reduction from 45 days to 30 days
  • Lead the Revenue Automation project - Performance fee Billing, Reduction from 90 days to 30 days
  • Standardized balance sheet reconciliations across entities, improving control accuracy and saving 1,300 hours annually.
  • Standardization of Trend analysis Commentary templates, Saving 150 manhours annually

Domain

Financial Planning, Analysis and Reporting

Process Automation

Month End Closing

Balance Sheet Reconciliation Trend Reporting

Accounts Receivable

Timeline

Senior Finance Analyst-Legal Entity Accounting & Reporting

Payfare
06.2022 - Current

Revenue Controller

Fidelity International
06.2019 - 06.2022

Financial Analyst-Financial Planning and Analysis

British Telecom, BT
07.2017 - 06.2019

Assistant Manager: General Ledger

Genpact
07.2013 - 12.2016

CPA Ontario - Accounting And Finance

CA (India) - Accounting And Finance

Bachelor’s degree -

in accounting

Similar Profiles

CREATE PROFILE
Himanshu Narula