Keshav Varshney
Senior Manager Finance & Account at Absolute®- Claim this Profile
Click to upgrade to our gold package
for the full feature experience.
Topline Score
Bio
Credentials
-
SAP fico
CDAC,NoidaJul, 2005- Nov, 2024
Experience
-
Absolute®
-
India
-
Biotechnology Research
-
1 - 100 Employee
-
Senior Manager Finance & Account
-
Dec 2021 - Present
Finance, Accounting, SOP, internal control, Trade Payments ,Sales Accounting, Trade operations.https://www.icai.org/• Facilitate monthly closing of sales of local and export business and ensure disciplines in trade payment. • Facilitate Trade & Business and regional or local team on trade compliance operations requirements, data, and documentation to facilitate imports and exports.• Conduct trade compliance operations process reviews and risk analysis to ensure data integrity, process adherence, control structure and compliance performance.• Ownership over revenue accounting for revenue recognition including analyzing monthly revenue trends, reconciling revenue and deferred revenue from billing system to SAP.• Aid in the automation of our work through being a part of the revenue systems implementation subject matter expert team.• Ensure high level of discipline within finance team through periodic account reconciliations and balance sheet and trial balance reviews.• Drive statutory audit and internal audits identifying critical control areas and ensuring timely mitigations.• Drive working capital efficiencies by working closely with the Finance / Business teams.• Work with the team for preparation of the annual operation business plan.• Advise on accruals for all expense heads.• Ensure compliance of all statutory payments within timelines.• Track all trade receivables in detail including domestic & international transactions.• Develop monthly MIS reports to measure the financial metrices.• Ensure preparation and submission of all statutory returns within the stipulated timelines.• Review existing SOPs & lead the formulation & execution of new processes • Review timely Bank Reconciliation Statement (BRS) & GL.• Lead monthly review of financial statements with leadership team.• Collaborate with function lead for key finance related KPIs.
-
-
-
Orient Craft Limited
-
Retail Apparel and Fashion
-
700 & Above Employee
-
Account Manager
-
Oct 2016 - May 2020
Preparation and finalization of annual report including balance sheet & profit and loss account and notes to accounts. Resolving all queries of external auditors at the time of external audit. Handling day to day accounting, financial planning, Month end balance sheet, MIS Reporting, Profit and Loss accounts preparation. Ensure GST compliance (Indirect tax) on ERP system. Ensure Reverse credit has been correctly calculated and liability has been accurately recorded in books of accounts. Identifies area of improvement in reporting process and implement those ideas. Monitoring of monthly department wise cost and analysis of fixed and semi fixed production costs. Implementation of Cost reduction plans approved by managements. Analysis of margin on commodity and party wise. Monitored costing finalized by company for different style. Preparation of budget for different departments and monitored monthly budget allocation with actual expenditure incurred. Monitored supervisory cost on unit wise on monthly basis. Identification of control weakness and implementation of corrective control to get desired results from modification in process flow.
-
-
-
dfcu Bank
-
Uganda
-
Banking
-
500 - 600 Employee
-
Internal Audit Manager
-
Mar 2015 - Oct 2015
Accountibilites of the role Risk Management Investigation Internal controls Auditing Provide administrative and supervisory support to the Head of audit for coordination and administration of system –wide audits, the planning and development of department operations, and the supervision of department staff. Accountibilites of the role Risk Management Investigation Internal controls Auditing Provide administrative and supervisory support to the Head of audit for coordination and administration of system –wide audits, the planning and development of department operations, and the supervision of department staff.
-
-
-
-
Senior Consultant
-
Jul 2012 - Feb 2015
To ensure regulatory & corporate compliance for the Indian subsidiary of US based Biotech Company & Indian subsidiary of German Retail group Company. Worked for start up ( www.lexcomply.com) creation till operational phase. To ensure regulatory & corporate compliance for the Indian subsidiary of US based Biotech Company & Indian subsidiary of German Retail group Company. Worked for start up ( www.lexcomply.com) creation till operational phase.
-
-
-
Enzen Global Solutions
-
India
-
Utilities
-
200 - 300 Employee
-
Senior Financial Analyst
-
Dec 2011 - Jun 2012
To ensure regulatory compliance for the utilities companies for the UK clients like UK Power Networks/EDF Energy. To ensure the Operational efficiency of Electricity Distribution companies by reducing the street work durations by innovative ideas. To review framework agreements entered by UK Power Networks with contractors like Laing O’ rourke constructions limited, Morrison utility services limited & Murphy limited etc. Internal audit of work performed by contractors for UK power networks to ensure it has been paid according to term & conditions of framework agreement and to implement clause which help UK Power Network to recover money from contractors as a liquidated damages due to non compliance of framework agreement & Key performance indicators(KPI’s). Analytical skills, cost analysis, financial statements analysis & variance analysis. Risk identification for the client in case of alternative solutions available to a problem. Analysis of daily transactions/entries of UK power networks related to contractor payments and noticing function of the company. Discussion of major issues with senior management of UK Power networks.
-
-
-
Deloitte
-
Business Consulting and Services
-
700 & Above Employee
-
Senior Manager
-
May 2009 - Apr 2011
Statutory Audit of public & government entities during secondment to Deloitte & Touché South Africa. IFRS, IAS & GRAP’s compliances. Risk identification and mitigation of risk identified during the planning & execution stage of an audit. Review work of trainee accountants and assistant managers. Provide training to trainee accountants about concepts of planning, execution and reporting. Delegation of responsibility and work allocation. Recoverability and meeting deadlines for audits. Build good relationship with client.
-
-
-
EY
-
United Kingdom
-
IT Services and IT Consulting
-
700 & Above Employee
-
Audit Senior
-
Mar 2007 - Dec 2008
Statutory Audit of Banking, Financial services and Insurance (BFSI) high value international clients like Aviva Insurance Plc, Norwich union general Insurance, RAC plc, Lehman Brothers, National Australia Bank and Black Rock Merrill Lynch Mutual Fund engagements. Analysis of large volume of transaction of banks, insurance and mutual funds for test of control procedures. FRS and IFRS compliances. Familiar with Global Audit Methodology (GAM), Prepared Audit strategy Memorandum (ASM), Summary Review Memorandum (SRM), Review and Approval Summary (RAS), Programme for general audit procedures (PGAP), A-file checklist and Disclosure checklist as per UK GAAP and UK Companies act.
-
-
Education
-
1997 - 2004
The Institute of Chartered Accountants of India
Bachelor of Commerce - BCom, Accounting and Finance
Community
