PURNA CHANDRA SEKHAR PALIVELA

Process & Project : Intercompany Reconciliations - VIATRIS Pharmaceuticals

• Review on PO and Non-PO related invoices processed by team in SAP
• Review on Month End entries like accruals and goods in transit
• Review on loan, bank & interest charges through manual entries
• Reconciliation of client books with their intercompany partner’s books on monthly basis
• Confirming balances with intercompany partners to avoid out of balances for consolidation purpose
• Review on adjustment entries for the variances between intercompany partners and following up with respective counter parts to avoid those differences
• GRIR balances review and frequent follow-ups with respective teams to clear aged items and clearing PO differences in SAP
• IC netting file preparation and published to treasury team
• Preparing and presenting on monthly stakeholder’s review calls of entities GRIR status and providing inputs for decision makers indicating status easy to have oversight and visibility on risks and achievements
• GL reconciliation review on blackline reconciliation tool
• Highly involved in transitions and knowledge transfer on new entities
• SOP Preparation and submission

Process & Project : Global Equity Derivatives (Switzerland)

• Daily Profile and loss account statement preparation for UBS stocks for Clients
• Analysis and Commentary for threshold breaching and large Pnl swings.
• FX exposure and Cash balance reconciliations and month end true up.
• Preparation of Daily Dash Board.
• Cost center and segment wise performance.
• Reconciliation on Actual vs Implied.
• Revenue review like Bank revenue and brokerage revenue.
• Posting the accruals (Journals) as well as actual.
• Variance calculation for actual and estimates.
• Ad-hoc Queries based on requirements.
• Following up for aged open items
• Preparation of weekly trader packs and commentary on attribute and sub attribute level.
• Meet and exceed the required SLA performance.
• Able to contain and reduce the risk of the business measured through multiple KRIs

Process & Project : Lease Accounting in Super Value (US Region)

• Vendor creation in Oracle and Coordinating with property accounting team for landlord details
• Handling lease update mail box (Generic Mail Box)
• Rental payments to Landlord (Monthly, Quarterly, Semi Annually, Annually)
• Preparation of Manual checks
• Minimum Rent Forecasting, Preparation and posting of Rental Forecasting and Regular Journals.
• Variance Analysis activity (Research, analyzing and identifying the balance variances from period to period of Expense accounts)
• Works on Audit reports during the Payment Run
• Preparation of Balance Sheet Reconciliation
• Handling audit query’s as well.
• Responsible for updating of trackers on timely basis and reporting same to the management.

Process & Project : General Ledger Reconciliations in Thomson Reuters (APAC Region)

• Preparation of bank and balance sheet reconciliation
• Preparing amortization schedules, Accruals, Recurring journals and so on
• Handling activities like expense analysis, prepayment releases, preparing the fund transfer entries (IC settlements)
• Handling month close activities including manual sweeps to avoid unrequited FX entries in the bank accountings, preparing and posting the accruals for invoices parked by AP team after their cutoff date
• Preparing open item tracker and sending across the teams to clear the open items at the earliest
• Reporting the position of accounts to business on regular basis
• Handling Generic Mail Box for allocating the requests to each individual and sending the end of the day status to clients
• Reporting on bank & balance sheet open items on a monthly basis
• Coordinating with AP, AR, IC team to sort out open items or queries
• Handling audit query’s as well
• Responsible for cross training status on timely basis and reporting same to the management
• Updating the SOP’s exceptional scenarios and document it for future reference.

• Monitored status of accounts receivable and payable to facilitate prompt processing.
• Reconciled company accounts for credit cards, employee expenses, and commissions.
• Reviewed general ledger entries and assessed accuracy.
• Maintained detailed financial records of accounts receivable and payable status and bank reconciliations.
• Handling petty cash.
• Facilitated month-end and year-end closing processed to support accuracy and completeness of financial reports.