Kishan Ajagiya

About Kishan Ajagiya

Experienced in Revenue Assurance role for 1.5 years, as Business Finance Manager for 1.5…

Experience

1. Assistant Manager

   Wipro

   Dec 2021 — Present

   Compliance & Assurance: Managing a portfolio of ~$200 Mn quarterly revenue to ensure correct & timely revenue finalization and compliance with IFRS for revenue recognition and other relevant standards. Managing a team of four members to assure compliance with established internal controls and SOX controls\\\\n• Revenue control testing, error detection & prevention: Controls related to adequate documentation/revenue computation are tested on monthly basis before closing the monthly sales file. The report related to quantum, nature, possible cause of the deviation is published to relevant stakeholders on monthly basis. Providing advice on preventive measures to avoid deviation [~5% of revenue] in the future once errors are detected\\\\n• Control Automation: Continuously developing automated trackers and controls to limit manual intervention in data manipulation while performing revenue computation testing\\\\n• Reporting Automation: Developed automated reports using power query & macros to ensure automatic consolidation, minimal to zero need for human intervention leading to reduced manual efforts & better control.\\\\n• Contract review & advisory: Advising on adherence to IFRS 15 at the time of new deal structuring. Advising on revenue recognition methodology for the new contractual documents\\\\n• Audit closure: Ensured to close statutory, internal & SOX audits without any material observation by liaising with the relevant stakeholders across the organization\\\\n \\\\n\\\\n \\\\n \\\\n\\\\n \\\\n