Vaneet Gupta

About Vaneet Gupta

I am an accomplished professional delivering over 18 years of career success in rendering strategic consultation & guidance on F&A and cost-controlling issues with a focus on sustainable profitability and budgetary control matters. My dexterity lies in various industries, specializing in analysis, planning, budgeting, accounting, and risk management. I demonstrated excellence in utilizing SAP Financials for strategic financial planning, risk management, & business performance, enhancing decision-making processes across diverse industries.Over time, I have proved my excellence in leading financial controlling activities for business entities; expertise in reviewing all financial procedures & internal controls, automating & integrating financial information systems and successfully driving the budgeting & Forecasting exercise.Key Achievements: • I’ve mastered the administration of maximizing financial performance, establishing a new financial reporting system that enabled the company to evaluate the profitability of each department on an individual as well as a consolidated basis.• Excellent at maximizing financial performance and enhancing the performance of the teams to achieve organizational goals in diverse work situations/cultures.

Experience

1. Financial Controller

   Ericsson

   Jul 2015 — Present · Gurugram, IN

   Value addition to the function by effective resource management and utilization.•Ensuring compliance for the Intercompany payables, accruals, vendor payables and customer receivables.•Reduced considerable time in audit and reporting through process automation, alignments and coordinated approach.Key Projects•Merger and Acquisition: Played a pivotal role in recent major initiatives, particularly in orchestrating the merger of two entities within the same group. This encompassed comprehensive legal and financial preparation, as well as meticulous management of various organizational functions; aligned diverse functions & ensured smooth operational transitions throughout.•SAP Implementation: Implemented Enterprise Resource Planning software in a legal entity. This involves configuring SAP modules to meet the organization\'s requirements, migrating data, training staff, and ensuring a smooth transition to the new system.•Intercompany Accounting and Management: Defined and implemented processes for recording intercompany transactions, managing accounts, and ensuring compliance with relevant regulations. This involves setting up procedures for transactions between different entities within the organization, reconciling intercompany accounts, and ensuring accuracy in reporting.•Inventory Management: Defined inventory management processes, improved existing workflows, and ensured compliance with accounting standards and legal requirements including establishing inventory tracking systems, implementing inventory valuation methods, optimizing inventory levels, & ensuring accurate financial reporting.•Fixed Assets Verification and Recording: Implemented an efficient fixed assets verification process, reduced discrepancies in fixed asset records by 15% & improved accuracy in bookkeeping. Ensured compliance with regulatory standards and organizational requirements.•Implemented IND AS in compliance with regulatory requirements.

Education

• Punjabi University

  Bachelor of Commerce (BCom), Commerce

  2000 — 2003

• Punjab School Education Board

  12th, Commerce

  2000

• The Institute of Chartered Accountants of India

  Chartered Accountant, Accounting and Finance, Taxation etc

  2003 — 2006

Skills

• Corporate Finance
• Microsoft Word
• Auditing
• Financial Accounting
• Sap Bpc
• Microsoft Office
• Sap
• Mis
• Powerpoint
• Microsoft Excel
• Igaap
• Usgaap
• Customer Service
• Financial Reporting
• Accounting
• Finance