Farukh Shaikh

About Farukh Shaikh

Results-driven finance professional with over 9 years of experience in Revenue Recognition, Order to Cash, General Ledger, Contract Management, and Financial Reporting. Proven track record of leading high-performing teams, driving process improvements, and ensuring compliance with US GAAP. Certified Six Sigma Green Belt with a strong focus on operational excellence, automation, and cross-functional collaboration

Experience

1. Om Specialist - Global Revenue Operations

   NielsenIQ

   Jan 2024 — Present · Pune, IN

   Managed end-to-end order-to-cash processes including sales order creation, billing, credit notes, and cancellations, ensuring timely and accurate revenue capture in accordance with contractual terms.Executed revenue recognition fully compliant with US GAAP – ASC 606, interpreting performance obligations, contract modifications, and billing milestones to accurately recognize revenue in line with accounting standards.Prepared and maintained detailed Revenue Pipeline Reports covering:• Revenue on Hand (ROH)• Forecasted vs. Actual Revenue• Blocked Revenue due to contract/data issues• Deferred Revenue recognition schedulesThis enabled leadership to monitor revenue health and proactively address variances.Managed intercompany revenue accounting processes, including:• Intercompany billing and settlements• Revenue recognition for cross-entity contracts• Intercompany eliminations and reconciliationsEnsured compliance with internal controls and consolidation accuracy.Coordinated with FP & A, Commercial, and AR teams to ensure contract terms, billing schedules, and PO details align for accurate revenue realization and timely invoicing.Generated and reviewed manual journal entries for revenue reclassification, deferred revenue recognition, intercompany allocations, and month-end adjustments, supporting accurate financial statements.Led efforts to reduce revenue leakage by identifying system blocks, aligning contracts with billing data, and addressing upstream order entry issues impacting revenue posting.Ensured completeness and accuracy of unbilled revenue, conducted reconciliations, and provided reporting inputs for month-end close, quarter-end planning, and audit support.Actively participated in internal and external audits by preparing revenue schedules, supporting documentation, and compliance justifications in line with ASC 606 and SOX requirements.

Education

• Savitribai Phule Pune University

  Bachelor of Commerce - BCom

  2014 — 2018

• Spicer Adventist University

  Master of Business Administration - MBA

  2018 — 2020

• C K Goyal

  HSC