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YEAR 2019-2020
Carve out Transformation project – Financial Consolidation & Reporting.
Client: A Pvt. equity owned business in the UK which is one of the largest providers of communications, IT and cloud services across the UK and globally.
Project: Develop group financial consolidations reporting and compliance capability for a newly formed Group (Revenue £320m) consisting of 30 legal entities.
Achievements:
Developed the Group’s technical accounting and control frameworks, IFRS Group Accounting manual and appropriate monitoring procedures to ensure its…
YEAR 2015-2016
A Single European Entity.
December 2012 saw the creation of a Single European Entity for a leading international insurance organization, a single European insurer covering the EEA and Switzerland with a single holding company based in the UK and reintroduced its original brand name.
Project Achievements:
Worked on tasks related to the Finance Transformation project subsequent to the merger multiple European legal entities into a new single Europe legal entity. This simplified…
YEAR 2016-2017
IFRS Reporting & Consolidated financial statements for Guernsey based Power producing Holding company.
Client: A leading independent power producer operating in Africa mainly Tanzania, Kenya, Cote d’Ivoire, South Africa & Cameroon. They are into Oil fired generation, Gas fired generation, Solar generation and Wind generation.
Deliverable:
Prepared consolidated financial statements for the group holding company in Guernsey under IFRS consisting of 40 subsidiaries and statutory accounts for standalone companies under…
YEAR 2017-2018
IFRS 16 Implementation.
Client: A global leader in design & manufacture of agricultural equipment
Implemented IFRS 16 and managed key risks and control of new single lessee accounting model, assessed uncertainty of cash flow, recognition of Assets & Liabilities, judgemental matters and use of exemptions.
Achievements:
Developed and managed the project plan in concert with the client’s requirement, developed a communication plan and planed the project kickoff.
Managed key risks/issues via proper control and governance…
YEAR 2018-2019
Finance Systems Transformation project – Financial Consolidation & Reporting.
Client: A sovereign wealth fund of Government of Emirate of UAE founded for the purpose of investing funds on its behalf.
Project: Finance transformation for Real Estate & Infrastructure Department, provided solutions on financial consolidations processes & systems for a long term strategic direction.
Achievements:
Discovery phase of exploring pain points experienced by the REID team in their financial consolidation process and systems…