Ashwani Kumar Email & Phone Number

Hyderabad Area, India

• Financial accounting and reporting and Balance sheet reconciliations in the business domain of online transaction processing and E-wallet and Online gaming companies.• Handling Transactions Volumes of 6M per month with of around 350 active merchant with 800M EUROS of processing.• Processing with around. 25 difference payment service provider in 18 difference currencies. Exposure of all major payment provider reporting systems like WORLDPAY, PAYPAL, PAYSAFECARD, OPTIMAL, MASTERCARD and VISA.• Achieved reconciliation percentage up to 99.9% for the volumes up to 6M transactions per month spread across various channels. Exception handling for un-reconciled transactions.• Daily bank posting, Account Receivable and payables postings , Client Liabilities movements, merchant invoicing, Interchanges Cost/revenues, and other P&L reconciliations.• Designed the Accounting Model for the E-wallet and issuing Prepaid Card business and New E-wallet B2B Launch.• Month end close and reporting, Foreign Transaction revaluation, Balance Sheet reconciliations, Banks Reconciliations ,Intercompany invoicing and reconciliations, monthly Accruals posting.• Cash forecasting, Budgeting and Weekly/Monthly Cash flow reporting,E-Money management.• Managing Financial Operational Activities, Provider Settlements and Merchant settlements. • Vital role in Statutory / Internal auditor and ensure successful and timely closure of Audit.• Worked closely with IT Operations and development teams (Billing, Operations, Payment Gateway, POS, E-wallet) in ensuring timely resolution of payment related activities batch processing/uploads, report extracts, replications, etc.)• Development of Test cases /senarios , Perform User Acceptance Testing on any changes, developments and additions of payment channels• Trained in AML, KYC, ABC (Anti Bribery and corruption) and (TCF)Treating Customers Fairly.

Hyderabad Area, India

- For Bwin Party Group (Now GVC PLC) Finance TeamBwin party Digital Entertainment Plc is a multi-unit publically traded Online Gaming Company with major brands as BWIN, Party Poker and Party Casino. • Financial accounting and balance sheet reconciliation , P&L analysis, Accrual bookings, cash flow management.• Receivable management , analysis of exposures limits , ageing analysis and Transaction level reconciliations and exception handling. • Managing volumes of approx. 60K Transaction on daily basis in 18 difference currencies and 25 different payment service providers.• Managing and handling exception for approx. 600 processor sub accounts with accuracy of 99%. Analyzing and accessing the transaction flow for resolution.• Inter company invoicing and Reconciliations, Royalties calculation and statement and, P&L Accruals.• Cost Center, Geography and product wise P&L reporting and analysis..• Client Liability and Player Bonus, Rewards points reconciliations and Adjustment Journals.• Accounting and statements for B2B and B2C deals on online games , prize pools , and tournaments.• Worked on Oracle 11i ERP modules of Accoyunts payable , Cash management and general ledger modules.• Played a vital role in conceptualization, planning, functionality and user testing of the product of accounting cum reconciliation tool. • Worked closely with development teams to for development design of the tool for enhanced reporting ..like Point in time reconditions, ledgers and Receivable reports, and data management.• Worked with in statutory and internal Audits for during half yearly as well as full year audits.ON Site Assignments:• Worked in Gibraltar, UK for 3 Months on AR balances Reconciliations and migrations to Oracle ERP.• Onsite support for Kalixa Payments Audit and balance sheet reconciliations. (Vienna, Austria for 5 Weeks)• Attended Yearly Finance Controllers meet in May 2014 at Gibraltar, UK

Hyderabad Area, India

Client: MAQ Software Working with MYND Solutions Pvt. Ltd where my major functional area is to take care of the payroll of the client (A software company at Hyderabad”MAQ Software”). The work specifically includes • Payroll Processing for Client Employees and accounting for Hyderabad operations .• Liaising in setting up of the Office and local statutory obligations , STPI Formalities , software Export Licenses, Labour Department registrations, Sales tax and excise registrations.• Session with new joiners at the client place, taking Investment declarations, explaining the payroll processing .• Managing whole accounting and reporting independently, Processing vendor bills, weekly expense/Payables report , Cash flow report , time sheets of employees.• Processing travel bills,Travel allowances , Employee claim settlements.

Hyderabad Area, India

Duties assigned to me mainly includes to maintain • Recording of daily bank transactions and Bank reconciliation statements. • Vendor Bills Processing, Allocation of Cost/Expenses by Business unit and Sub business unit and location. • TDS Deduction & Quarterly Returns, • Processing cash vouchers, staff claims, reimbursement of claims after checking necessary approvals, Local and foreign travel claim processing as per the policies and Staff advances. • Monthly schedules for Employee Advance, Deposits and Employee loans for internal as well as statutory for quarterly audit.• Assisted Updating of Asset Register and Deprecation Bookings. • Assisted to PF department in processing employee PF Contributions , Withdrawal request and other formalities.• Assisted Payroll processing , Passing adjustment to payroll for any deductions and reimbursements.Worked on Oracle 8i ERP (Ultimatix) Account Payable (AP), Account Receivables (AR), and General Ledger (GL) modules . It was implemented in MAY 2005 in CMC. participation in Migration of data for Financial Year 2005-2006 to the functioning of each and every module. we completed the successful Auditing of 2nd Quarter in Sept 2005 and for the full F.Y in Mar 2006.

Hyderabad Area, India

Basic Duties Included:• Analyzing and Recording of daily financial events in Tally 7.4• Maintaining cash and bank books, Processing and posting to ledgers.• Bank reconciliation and Posting on daily basis. • Requirement gathering , PO Processing , PO matching and Invoice processing.• Payable management and Ageing analysis of payables. liaising with customer and vendors.• Weekly Cash flow report. managing the Petty Cash Expense report. • Project wise material billing and Allocation of Cost by Project. • Sales Tax returns , Service tax remittance and returns. TDS Deductions for Employees.• Regular visits were also made to sites for stock verification and reconciliation with the order book.

Executive General Management Program, Business Administration And Management, General

Diploma In Business Finance, Finance And Financial Management Services

Bachelor Of Commerce (B.Com.), Business/Commerce, General