Ankit Kumar

About Ankit Kumar

Accomplished finance professional with over 12 years of experience in financial controllership, accounting operations, and strategic finance leadership. Currently managing controllership and Record-to-Report (R2R) functions for the Swiss Cluster at a UK-headquartered global medical equipment manufacturer, operating from the Global Business Services (GBS) Center in Pune.Key Competencies:Leadership & Team Management: Leading a high-performing team of finance professionals, responsible for annual performance reviews, mentoring, and capability development.Controllership & Compliance: Managing end-to-end controllership activities including P&L and Balance Sheet finalization, monthly close, and regional controllership. Strong focus on SOX compliance, internal controls, and audit readiness.Financial Reporting & Analysis: Expertise in US GAAP and IFRS reporting standards, with hands-on experience in Hyperion Financial Management (HFM), financial planning, and variance analysis.Process Excellence & Transformation: Successfully led multiple R2R transformation initiatives including OneStream and Trintech reconciliation tools, Bank FEBAN automation, Appian workflows, and S/4HANA migration.Global Transitions & ERP Expertise: Overseeing R2R process transitions across Europe, APAC, and the US. Proficient in Oracle 11i, SAP 6.0, Promenta, and Trintech platforms.Treasury & Risk Management: Skilled in managing Mark-to-Market (MTM), hedge accounting, and foreign exchange exposure.Certifications: ACCA Certified in International Financial Reporting (IFRS).Recognized for driving operational efficiency, ensuring financial integrity, and fostering a culture of accountability and continuous improvement.

Experience

1. Reporting Accountant Manager

   Smith Nephew

   Apr 2024 — Present · Pune, IN

   Team Leadership – R2R (Reporting & Accounting): Leading the Record-to-Report team, ensuring efficient execution of accounting and reporting activities in alignment with organizational goals.Issue Resolution & Month-End Close: Providing strategic guidance and hands-on support to resolve operational challenges, ensuring timely and accurate month-end close processes.HFM Reporting Compliance: Overseeing the submission of Actuals, Budgets, and Forecasts in Hyperion Financial Management (HFM), ensuring adherence to Group policies and reporting standards.Performance Management: Conducting quarterly team engagement sessions, managing the annual appraisal cycle, and assigning performance ratings based on objective KPIs.Project Support: Contributing to key finance projects including organizational restructuring, implementation of revised E&O methodology, and enhancements in hedge accounting and reporting.Controls & Compliance: Ensuring robust internal controls and full compliance with SOX and corporate governance requirements.Entity-Level Reporting: Managing financial reporting for Commercial, Manufacturing, and Trading entities, ensuring accuracy and completeness.Balance Sheet Reviews: Leading monthly Balance Sheet review meetings with Regional and Cluster Controllers, and ensuring timely closure of all action items.Process Performance Monitoring: Tracking and analyzing process KPIs to drive continuous improvement and operational excellence.Review & Approvals: Supporting the team in reviewing and approving journal entries, reconciliations, and other ad hoc financial requests.

Education

• Kurukshetra University

  Master of Business Administration (MBA), Accounting and Finance

  2011 — 2013

• ACCA

  Cert IFRS, Accounting and Finance

• Kurukshetra University

  Bachelor of Business Administration (BBA), Business Administration and Management, General

  2008 — 2011