SKP e-Solution Pvt Ltd.
(J&J Medical has outsourced its complete accounting and auditing processes, including finalization of Balancesheet, to SKP)
As a Financial Consultant for SKP, my primary responsibility is to Transition Processes from Johnson & Johnson Medical to SKP, wherein I have to study and define the existing process, re-engineer the process on twin ERP systems to meet SOX compliance requirements, train the SKP team on the optimized process and ensure smooth handover.
Apart from transitioning, I have worked extensively on the following processes/tasks at the nuts and bolts level, which required cleansing and synchronizing accounts and data between the JD Edwards and BPCS ERP Systems of J&J:
§Clearing of Open Items and Process Improvement
§Profit Centre and Cost centre Accounting
§Balance sheet Reconciliation
§Month End Activities
§Preparation of tax audit details as per new Sarbanes Oxley Act (SOX) compliance
One of my significant contributions was to reconcile the last 10 years’ (1998-2008) GL of J&J across both JD Edwards and BPCS, which was accomplished single-handedly by me over a period of 9 months. I have also done the Balancesheet reconciliation of J&J for that period.