SHWETA AHUJA
Accountant
York,PA
Summary
- Management Professional Banking Operations/ Financial Accounting/ Process Operations Management Offering 16 years of career success in managing financial operations across banking firms; seeking managerial role across banking operations or financial operations within banking and financial institutions PROFILE
- A qualified & experienced finance & accounting professional with strong exposure across financial accounting, process operations management, transaction management, service operations management, process quality, SLA & TAT management.
- Effectively handling entire spectrum of commercial functions involved in accounting operations, finance management, costing, project management, cash management, reconciliation statements, creditors/debtor’s management, investment analysis and relationship management.
- Demonstrated expertise in mobilizing and managing financial resources to meet company’s long and short-term financial requirements.
- Well exposed to fixed asset management, GREWE Capital, Depreciation, Variance Analysis & capital forecasting.
- Adept at analyzing the financial viability of new ventures/new projects and forecast the amount of project finance/funds required.
- Proficient in planning and executing migration of new business processes from international locations to Domestic Environment. Ensuring resource management and timely completion of projects within budgeted time and cost.
- Brilliance in managing the entire gamut of Banking Operations covering Back-office Operations, Clearing of Cheques, Account Opening (SB/CA/FD/RD/Loan Account/D-mat) Operations, Cash Management etc.
- Demonstrated ability in managing large volume of banking transactions, monitoring clearing process and routine banking operations as well as cross selling a diverse range of financial products.
- Motivated and goal driven team leader with strong work ethics, continuously striving for improvement coupled with excellent administrative aptitude and the commitment to offer quality work.
Overview
21
21
years of professional experience
Work History
Sr Accountant
Customers Bank
06.2022 - Current
- Created journal entry schedules to improve efficiency, support, and documentation of accounting processes.
- Collected and arranged financial information and entered details into Workday financial management system.
- Executed financial reporting, managing prepaid accounts, schedules, reconciliations, event settlements, and month-end accruals.
- Assisted comptroller with year-end financial audits.
- Aided in preparing budgets and forecasting expenses and costs to make informed decisions regarding future financial performance.
- Leveraged finance knowledge to strengthen controls and improve transparency.
- Prepared and processed journal entries to record in general ledger and maintain consistent documentation.
- Participated in internal and external audit processes to establish accurate financial records and comply with Generally Accepted Accounting Principles and regulatory requirements.
- Collaborated with external auditors to provide information for audit process.
- Monitored accounts receivable, accounts payable and other account balances to track transactions, avoid discrepancies and maintain accuracy.
- Maintained fixed asset records and depreciation schedules to establish accurate calculations.
- Helped with preparation of year-end and statutory accounts to compare past reports and evaluate financial health of company.
- Prepared and filed tax returns to summarize transactions of calendar year and comply with laws and regulations.
- Evaluated and improved financial records to make important business decisions.
- Reviewed business operations and obligations to help organization function at acceptable level.
- Collected and reported monthly expense variances and explanations.
- Trained new employees on accounting principles and company procedures.
- Tracked funds, prepared deposits and reconciled accounts.
- Partnered with auditors to track errors and add contributions to maintain accuracy.
- Cooperated with senior leaders to create operating budgets and initiate financial planning.
- Used accounting software to issue tax returns and prepare consolidated reports.
- Provided journal entries and performed accounting on accrual basis.
- Compiled general ledger entries on short schedule with 100% accuracy.
- Prepared working papers, reports and supporting documentation for audit findings.
- Collaborated with accounting manager to comply with governing bodies and limit regulatory risks.
- Maintained integrity of general ledger and chart of accounts.
Assistant Manager
American Express India Pvt. Ltd
06.2013 - 01.2020
- Managing end-to-end EMEA Capital process & taking care of Migration of roles from UK to India
- GREWE Capital spend is $100m+ of which EMEA region contributes significant % of Capital spend in which Capital compromises of approx
- 20-25% of GREWE P&L cost base
- Taking care of Construction In Progress for EMEA which has some peculiar features compared to US/JAPA
- Accountable for Reconciling ledgers for EMEA Units with source documents and supports
- Manage downloading of Ledgers from Oracle Essbase which provide additional information plus reconciling previous months entries
- Allocating each ledger entry to relevant project ensuring Project level visibility
- Involve in preparation of Capital Spend File for circulation to JAPA Finance for MOR update (Monthly) plus preparation of CIP reconciliation file for record purposes and review
- Also retrieving support for each ledger entry
- Managing capitalization of completed projects by liaising with EMEA Fixed Assets team
- Preparing capitalization/expense close out form for submission to EMEA Fixed Assets
- Performing Meetings/Email exchanges with D&C for updates on projects and updating records as appropriate
- Updating CIP Queries investigation and resolution
- Supporting Non-GRE portfolio Business units to close Projects (e.g FES Airports)
- Maintaining regular interaction and discussions with EMEA Fixed Assets team
- Escalating queries with GFO Senior Manager and regular interface to ensure issues are resolved
- Interfacing with Finance Accounting teams on all CIP queries
- Regularly interfacing with EMEA CAR team to address CPC related mis-postings and issues
- Doing follow-up with Facilities Management team to ensure Facilities projects are Capitalized
- Providing support on Brighton New Build Capitalization - Detailed reconciliation and queries resolution
- Preparing Depreciation Variances for WD +4 Flash call with New York as well resolving queries on Depreciation
- Preparing forward looking Depreciation estimates
- Preparing Capital Plan and loading to system plus Capital Plan Depreciation Forecast & Manual Adjustment File.
Lead Analyst
American Express India Pvt. Ltd
06.2007 - 05.2013
- Managed capitalizations, disposals and transfers of fixed assets as per policies and taken care of CIP (Construction in Progress) accounts that deal with any projects related to refurbishments, improvements and acquisition of new Fixed Assets for the company on a large scale
- Performed Car Lease accounting for the leased cars of the company – which includes managing Sub Ledger of the process and passing various entries
- Performed Month end activities – like Setting up depreciation parameters in the sub ledger system driving the monthly depreciation booked and getting debited in the respective cost centres of the company through system generated entries passed in General Ledger
- Participated in Depreciation Trending which covered Analysing monthly depreciation trends and identifying the reasons of sudden increase or decrease in depreciation and performing corrections if required
- Identified suspended batches of system generated entries & got them cleared in the correct account lines
- Done Submissions of quarterly and annual cash flows (CF6) and Annual Tax Packages for computation of Tax for the U.S government for Fixed Assets - Schedule 1120 and 5471 for Fixed Asset accounts
- Performed internal SOX audits & process reviews for ensuring strict adherence to the process parameters.
Assistant Manager
HDFC BANK LTD
10.2004 - 05.2007
- Handled general administration of the branch and was accountable for monitoring the overall branch operations including clearing activities, regulatory compliance, Cash Management, Transfers, Demand Draft, D-mat, Opex Reduction through Audit related documentation & MIS updating
- Generated fee income by cross selling through Liabilities Product and Third-Party Products like Saving Account, Current Account, NRI Account, D-mat Account, Fixed Deposit, SIP, Mutual Fund, Insurance and other products.
Officer
Bank Of America, Corporate Depository Group
04.2004 - 10.2004
Customer Service Executive
HCL Technologies BPO Services Ltd
08.2003 - 04.2004
Education
Master of Commerce - undefined
Annamalai University
2004
Post Graduate Diploma - Business Management
Institute of Young Women Christian Association
2004
Bachelor of Commerce - undefined
Shaheed Bhagat Singh College, Delhi University
2002
Advance Diploma Course - Information Technology
SSI LTD
Course in Win 98, MS Office 2000 & Internet; Tata Infotech Education - undefined
Skills
- Computer Skills:
- MS Office, Oracle Essbase, Workday ,Image Center , IBS Insight ,Call Reporter , Y9C reporter, TM1 Capital Model, TM1 staff Model, Document Express, Millennium, Proliance, GREAR Online, Share-point
- PERSONAL DETAILS
- Date Of Birth: 13th January 1982; Language Proficiency: Hindi & English; Reference: Available on request
Quote
Believe in Yourself
Timeline
Sr Accountant
Customers Bank
06.2022 - Current
Assistant Manager
American Express India Pvt. Ltd
06.2013 - 01.2020
Lead Analyst
American Express India Pvt. Ltd
06.2007 - 05.2013
Assistant Manager
HDFC BANK LTD
10.2004 - 05.2007
Officer
Bank Of America, Corporate Depository Group
04.2004 - 10.2004
Customer Service Executive
HCL Technologies BPO Services Ltd
08.2003 - 04.2004
Master of Commerce - undefined
Annamalai University
Post Graduate Diploma - Business Management
Institute of Young Women Christian Association
Bachelor of Commerce - undefined
Shaheed Bhagat Singh College, Delhi University
Advance Diploma Course - Information Technology
SSI LTD