Pranali Borhade Email & Phone Number

•Entrusted with the responsibility of spearheading entire gamut of functions entailed in Intracompany Accounting for Singapore, Norway & Denmark•Key role in the booking of accruals accrued Income/expenses and Capex accruals for month end reporting purpose thereby posting of correction journals to eliminate plugs on reporting•Managing the transfer of IFS balances and clearing validations in One Stream leading to preparation of HFM journals for posting into One Stream Reporting•Actively involved in managing the processing of Intercompany AR & AP invoices, Payroll Invoices and Intercompany Project Invoicing•Accountable for generating month end balance sheet and profit & loss reconciliations•Resolving unidentified payments by handling on account customers and supplier payments•Ensuring closure of balances by following up on open aged AR/AP items and credit notes•Scope of responsibility also entails allocation of Insurance cost to IC partners as per split on insurance of all rigs/units, raising CMT request with MDM team to update the Customer/Supplier details in IFS•Played a key role in ensuring high‐quality, accurate and timely intercompany process from invoicing to matching payment•Contributed to establishment of proper books of accounting for reporting and extending key assistance with queries in collaboration with the Finance Managers•Instrumental in evaluating processes in a consistent manner and suggesting recommendations for business process improvements•Scrupulously handled audit queries at year end from auditors and facilitated the implementation of auditor’s recommendations•Generated key monthly KPI presentations to review the business performance with onshore Team and Management.•Performed relevant Internal controls for ICP processing and transferred knowledge on ICP functions to new team members•Executed key investigations and analysis to resolve the plugs causing reduction in plugs and smooth business reporting

Pune, Maharashtra, India

• Successfully managed all functions entailed in preparing Bank Reconciliations for warehouse headquarters located at Ireland. Essayed an integral role in generating key reporting statements such as Balance sheet Reconciliations (Billed Accounts Receivables, Billed Accounts Payables, Unbilled Accounts Receivables and Unbilled Accounts Payable) and Intercompany reconciliations.• Monitored aging buckets with respect to advances and maintained monthly schedule for intercompany Payable and Receivables. Effectively maintained long term and short‐term loans schedule and updated new rollouts issued by corporate treasury team.• Prepared list of Intercompany invoices for payments thorough Citibank Online portal• Ensured proper accounting of receivable and payables, account receivable allocation through creating customer deposit and accounts payable allocation by applying vouchers.• Efficiently performed month end activities such as booking accrual journal, matching sub‐ledger balances with ledger balances, customer statement and ledger scrutiny of Intercompany accounts for differences.• Leveraged keen analytical acumen to provide explanation for intercompany difference if any for long term & short‐term receivable and payable, intercompany borrowing costs and other revenue expenses, to enable corporate finance team to adjust differences by ad‐hoc journals and facilitate submission of consolidated report to regional HQ.• Recipient of client RNR in June 2013 and May 2012 for consistence performance and various accolade mails from onshore clients.

Master Of Business Administration - Mba, Accounting And Finance

Bachelor Of Commerce - Bcom, Business/Commerce, General