Akanksha Jain

Akanksha Jain Email and Phone Number

Associate Director (Senior Finance Manager), Corporate Financial Reporting - EMEA and APJ @ HP
Bengaluru, KA, IN
Akanksha Jain's Location
Bengaluru, Karnataka, India, India
About Akanksha Jain

"The key to driving financial success lies in transforming complexity into clarity and collaboration into results".With over 15 years of expertise in Finance Controllership, Technical Accounting, and Revenue Recognition, I thrive on solving complex accounting challenges while driving process improvements and strategic solutions. From leading financial reporting at HP Inc. to navigating key roles at Unilever, Flipkart, Thomson Reuters, and PwC, my journey has spanned diverse roles and industries including IT, FMCG, E-Commerce, Manufacturing and Big 4 consulting firm.Beyond the numbers, I’m passionate about collaborating with teams, optimizing processes, and turning financial insights into business growth. I also specialize in transforming complex accounting issues and new business models into achievable, compliant solutions. With expertise in US GAAP, IFRS matters, and financial reporting, I help drive success in dynamic, evolving environments. Let’s connect if you’re ready to talk finance, explore new opportunities, or simply share stories about life and work! 📧 Email: akankshajain04@yahoo.com

Akanksha Jain's Current Company Details
HP
Associate Director (Senior Finance Manager), Corporate Financial Reporting - EMEA and APJ
Bengaluru, KA, IN
Website:
hp.com
Employees:
148783
Akanksha Jain Work Experience Details
  • Hp
    Associate Director (Senior Finance Manager), Corporate Financial Reporting - Emea And Apj
    Hp
    Bengaluru, Ka, In
  • Hp
    Senior Manager, Corporate Financial Reporting - Global Revenue Recognition
    Hp May 2022 - Present
    Bengaluru, Karnataka, India
    Manage the Global Revenue Recognition team within HP’s Corporate Financial Reporting function. Responsible for ensuring accurate financial statement accounting and reporting, strict compliance with the US GAAP and other accounting standards, maintaining robust accounting policies, and leading adherence to evolving accounting pronouncements. Skilled in navigating complex accounting matters and financial landscapes• Led the implementation of new accounting pronouncements, driving policy and reporting impact assessments.• Developed and maintained a comprehensive Revenue Recognition policy in strict compliance with ASC 606.• Streamlined the analysis of complex, nonstandard contracts, delivering precise accounting dispositions. • Extensively collaborated with cross functional teams to evaluate and implement innovative business models and strategies, ensuring alignment with accounting policies and driving compliance across new initiatives. • Led the harmonization of accounting policies across newly acquired companies, ensuring seamless integration.• Led the development of whitepapers on intricate accounting matters under US GAAP, providing in-depth conclusions and rigorous assessments to address complex financial accounting and reporting challenges.• Directed the preparation and disclosure of revenue information in 10-K and 10-Q reports. • Manage and mentored a team of six talented Chartered Accountants, optimizing efficiency through effective leadership and training.• Support external auditors during annual and quarterly revenue recognition audits, facilitating a smooth review process.• Organize and lead periodic accounting training sessions, boosting knowledge and compliance within the Finance organization.• Ensured adherence to internal control procedures, preparing detailed documentation to support accounting positions.
  • Hp
    Technical Accounting, Corporate Financial Reporting
    Hp Jul 2018 - May 2022
    Bengaluru, Karnataka, India
    Key member of HP’s Technical Accounting Team, contributing to financial statement accounting and reporting while ensuring compliance with accounting standards. Actively involved in maintaining HP’s accounting policies and ensuring adherence to relevant accounting pronouncements, providing expertise in navigating complex accounting matters. • Delivered expert support to finance teams and business partners on complex technical accounting matters by providing in-depth research, analysis, and clear documentation of conclusions, ensuring seamless resolution of accounting issues.• Played a pivotal role implementation of ASC 326 (Credit Losses) and ASC 842 (Leases), and other key accounting standards driving operational and reporting compliance with new accounting standards.• Led the preparation of detailed financial statement disclosures for 10K and 10Q reporting.• Developed and maintained HP’s Accounting Policies, ensuring consistent application across all business units.• Researched and analyzed significant transactions, providing actionable insights through thorough review of accounting literature. • Developed and delivered executive-level presentations on emerging accounting topics and complex transactions, facilitating informed decision-making at the highest level.• Authored technical accounting memos that presented well-researched conclusions on complex and non-standard transactions.• Collaborated with external auditors and executive management to coordinate the review of disclosures, ensuring rigorous. compliance and alignment with external reporting standards.
  • Unilever
    Finance Manager
    Unilever Nov 2016 - Jul 2018
    Bangalore
    Managed the finance controllership function, overseeing accounting and reporting for Unilever's two parent companies (Unilever NV and Unilever PLC) and approximately 90 holding companies under IFRS and FRS 101 (for UK entities). Additionally, served as Global Share Scheme Manager, responsible for the accounting and reporting of share-based payments at the consolidated Unilever level.• Financial and management reporting of Unilever’s two parent companies (Unilever NV and Unilever PLC) and her (around 90) holding companies under IFRS and FRS 101 (for UK companies). • External reporting, statutory reporting of around 26 UK companies. This includes audit coordination and planning KPMG.• Preparation of annual accounts for Unilever NV and Unilever PLC which gets published in Unilever’s consolidated financial statement/ annual report.• Preparation of various disclosure notes which becomes part of Unilever’s consolidated financial statement/ Annual report • Ensuring adequacy of reserves before declaration of external dividend by Unilever NV and PLC. Also, to ensure that compliance with the regulatory and internal requirements (agreements). • Global share based payments accounting and reporting including computation of share based payment cost as per IFRS 2, deferred tax as per IAS 12, ensuring adequate hedge on the share based payment exposure, disclosure notes in annual accounts. • Accounting of acquisition and disposals and restructuring • Impairment assessments for trademarks and investments • Partnering with tax department and to for tax computation, accounting and reporting• Managing team of 6 including qualified accountants.
  • Flipkart
    Manager
    Flipkart Jan 2015 - Nov 2016
    Bangalore
    I held roles in both the Treasury and Supply Chain Controllership departments. I was responsible for defining, scoping, planning and executing new projects and business proposals to bring in improvement in terms of reducing financial losses, risks and improving efficiency. Key Skills and Responsibilities:• Reviewing new and existing contracts and making sure that financial risks are adequately addressed. • Understanding the requirements for upcoming expansion/ improvement projects and ensuring that financial and compliance risks involved in the same are addressed/ controlled before the go live.• Constantly providing financial guidance and drive projects to ensure process excellence, efficiency, and loss reduction.• Creating a reduction in liability for the transport vendors and 3PL partners, while simultaneously increasing the scope of the agreements. • Management Reporting (MEC) for supply chain and commerce platform, including root cause analysis and resolution for quick wins and long-term improvements.• Development of dashboards and anomaly detectors to identify gaps and synchronization errors between different ERPs. This led to a greater understanding of various gaps, with quantification of their impact.• Structuring, negotiating, and placing Insurance Policies by performing risk assessments and reviewing risk mitigation plans.• Driving and supporting the development of processes and tools to increase automation, improved accuracy to enable informed decision-making like driving the project of cash management through Cash Deposit machines at Hubs etc.• Due diligence and establishing controls in the acquired companies.• Partnering with tax to design a framework for all new activities undertaken at warehousing and logistics.• Working closely with IT team to develop tools to meet business requirements.
  • Thomson Reuters
    Business Unit Controller
    Thomson Reuters Oct 2013 - Jan 2015
    Bengaluru Area, India
    In my role within the finance controllership, I ensured statutory and tax compliance for legal entities in the Philippines in compliance with IFRS and local regulatory standards. Handled a transition project that involved moving the controllership function from Singapore to India.Key Skills and Responsibilities• Working with various business partners to ensure legal entities are accurately, completely and timely accounted for in the enterprise systems, as well as to ensure good controls of underlying processes are in place• Liaise with auditors on Statutory & SOX audits and ensures audits are completed within the timelines. • To Ensure the month end close in line with Thomson Reuter’s global reporting timetable, reviewing to ensure that critical accounts are reconciled to underlying documentation, that transactions are coded accurately in line with Thomson Reuters and local accounting policies• Completion of tax returns, booking of tax provisions and monitoring tax accounts movements• Review the quarterly calculation of Transfer Pricing Calculations for Group books and also perform the true up Calculation for local books• Provide support as appropriate in any tax audits as agreed with the Tax Department either directly or through 3rd party providers• Analysis of all Balance Sheet and Cost accounts• To ensure local tax and regulatory compliance
  • Price Waterhouse
    Assistant Manager
    Price Waterhouse Jul 2009 - Oct 2013
    Bangalore
    Contributed to the Assurance team, focusing primarily on statutory audits. Led and participated in multiple audit engagements for multinational clients across diverse industries, including Banking, IT, ITES, and Manufacturing.• Led audit teams on large and medium assignments, developing programs for statutory, tax, and SOX audits.• Coordinated with diverse and cross functional teams to achieve common goals and ensure timely execution.• Handled client relationships, service delivery, and business development.• Building various audits programs for statutory, tax audits, sox and other miscellaneous engagements.• Preparing key deliverables and communicating the findings to clients through audit reports.• Analytical bent of mind and good problem-solving skills, effective team player with proven ability to take responsibilities, execute, manage, and deliver assignments adhering to strict timelines.

Akanksha Jain Education Details

Frequently Asked Questions about Akanksha Jain

What company does Akanksha Jain work for?

Akanksha Jain works for Hp

What is Akanksha Jain's role at the current company?

Akanksha Jain's current role is Associate Director (Senior Finance Manager), Corporate Financial Reporting - EMEA and APJ.

What schools did Akanksha Jain attend?

Akanksha Jain attended The Institute Of Chartered Accountants Of India, The Institute Of Company Secretaries Of India, The Chartered Institute Of Management Accountants, Pandit Ravishankar Shukla University.

Who are Akanksha Jain's colleagues?

Akanksha Jain's colleagues are Happy Sioson, Myriam Quiroga, Etay Bachar, Sagar Mahavar, Jass Johal, Sushma John, Gajanan Chandgadkar.

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