Sumi Sabu

About Sumi Sabu

I have a passion for finance and a strong knowledge of accounting standards and…

Experience

1. Finance Specialist

   Thoughtworks

   Oct 2024 — Present · Bengaluru, IN

   As part of the Global Finance -Corporate Controllership Team, I am responsible for managing global corporate processes and reporting. My key responsibilities include:Annual Bonus Program:•Collaborate with the Rewards Team to design/refine metrics and structure.•Manage the program\'s finance aspects, including accurate calculation, recording, and reporting.•Oversee the timeline, ensuring adherence to deadlines and SOX controls.•Conduct bonus calculations and balance sheet reconciliations.•Implement key controls over financial reporting.Finance Liaison:•Act as liaison for the Annual Bonus Plan, Commission Plans, and Equity Compensation.•Collaborate with the Technical Accounting and Global SOX Team to ensure compliance with SOX standards.•Partner with FP & A to calculate and forecast Annual Bonus Plan expenses.•Ensure proper controls around quarterly commission payments.Financial Management:•Prepare and post monthly expense journals for the Annual Bonus Plan.•Conduct quarterly calculations and month-end reconciliations.•Prepare and post stock-based compensation and equity journal entries.Equity Management:•Perform monthly reconciliations(RSU\'s,PSU\'s and Stock Option) and maintain the equity roll forward.•Support accurate reporting of equity transactions in audited financial statements.Compliance and Reporting:•Partner with Global Tax on reporting requirements.•Collaborate with Global Rewards and Payroll teams to ensure accurate reporting/accounting of withholding taxes.•Assist in preparing compensation and equity disclosures for SEC filings.•Support internal and external audits to ensure compliance and reporting.

Education

• Institute of Management Accountants (IMA)

  CMA

• IAAP UK

  IFRS, Accounting and Finance

  2017 — 2017