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…

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…

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…

Enhanced Corporate Controls for a Worldwide Pharmaceuticals Company on a Global Transformation Program.

Client: A science-led global healthcare company that researches and develops a broad range of innovative medicines and brands.

In 2012, the client took on the exciting mission of adopting a new business model, translating all service offerings into a multi-functional Business Service Centre to provide Global IT, regional Finance and HR & Procurement support services.

Client’s Commercial ERP Solution…

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…