PRIYANKA GARG

Managed the daily operations of the accounting department including accounts payable, accounts receivable, general ledger and Bank reconciliations.

Developed and implemented financial policies and procedures to ensure compliance with accounting standards and regulations.

Worked closely with other departments to ensure proper accounting treatment of transactions and to provide guidance on financial matters.

Prepared and reviewed financial statements, Bank borrowing certificate (monthly covenant reporting) and MIS reports to provide timely and accurate financial information to senior management.

Performed month end closing activities including passing journal entries, bank reconciliations and maintaining general ledger.

Supported Accounts receivable functions such as issuing invoices, facilitating collections and process credit memos.

Performed analysis of new customers for approval of credit limits and terms.

Prepared and supported MIS reporting.

• Supported the Financial Reporting team with periodic closing activities, consolidation, account reconciliations and audit queries following IFRS and US GAAP (for one of the US-based subsidiaries) for over 200 legal entities spread across 100 countries
• Also handled derivative accounting process for the group
• Prepared monthly performance and variance analysis for management to report significant trends and issues/variances
• Analyzed and monitored cash flow movements to track working capital movements for ensuring operational efficiency
• Performed economic evaluation and justification of serval capital expenditure projects (both fixed assets and investments) to ensure that the capital expenditure is aligned with the management budget
• Also overviewed accounting process of fixed assets & investments and prepared capital expenditure report as part of the MIS reporting
• Participated in quarterly meeting with various business groups to evaluate their performance and understand their short-term and long-term funding requirements
• Developed dynamic financial models and performed stress testing & scenario analysis to assist in the decision-making process for new ventures
• Worked closely with management and IT team to improve and streamline Oracle EBS and HFM by creating and refining various reports, charts of accounts and organizational charts/hierarchy (Meta Data)
• Partnered with the regional teams and subsidiaries to ensure consistent application of accounting policies across the organization
• Developed and improved various MS excel templates, Macros and standard process documents to streamline daily manual tasks and implemented control checks, considerably reducing errors and time spent
• Responsible for the group's covenant reporting (Approx
• CAD 1.26Bn debt), including preparing consolidated financial statements, monitoring significant ratios and answering bank queries
• Involved in the annual budgeting process
• Managed Offshore team of seven people.

• Handled daily NAV and P&L calculations, monthly NAV packs & Investor Allocations
• Prepared Financial Statements for clients following US GAAP and IFRS frameworks
• Performed full-cycle accounting for funds including passing month-end accrual and closing entries
• Acted as a key contact for several clients and addressed accounting and valuation issues
• Worked on the Geneva accounting system
• Awarded as the best debutante in the team, consistently outperformed the ratings and was nominated for fast-track promotion.

• Conducted meetings with various manufacturers and real estate builders to understand their financial requirements and suggest various funding options
• Assisted in the execution of Project Finance from Banks and NBFCs
• Involved in preparing financial models and projections.