Sales Accounting

Minal Karani

*** ******* ******, ******** ** -***19

Phone: 401-***-**** Email: ************@*****.***

PROFESSIONAL PROFILE:

Summary - Possess extensive experience in analysis of financial

information, prepare financial reports, maintain budgets and projected

costs, and create spreadsheets for analysis. Strong in all aspects of

financial statement and cash flow analysis. Ability to work on proactive

basis in a high-paced deadline oriented environment. Multi-project time

management, organizational skills, excellent oral/written communications

and detail oriented. Have a working knowledge of Microsoft Office Suites

and familiar with accounting software Tally, Mass 90 & QuickBooks

EDUCATION:

Passed CPA Exams

June 2011

Chartered Accountant from India (CPA equivalent)

Jan 2007

Bachelor of Commerce from M.S.University

April 2001

(Major in Accounting and Auditing)

PROFESSIONAL EXPERIENCE:

Trivedi & Co. Tax Services, Rhode Island

Accounting Consultant (June '2012 - Current)

. Prepared and analyzed monthly Balance Sheet, Income Statement, and

Cash Flow.

. Prepared and entered journal entries.

. Processed depreciation, transfers, additions, and disposals fixed

asset of the company.

. Maintained daily cash status worksheet, calculated monthly

distributions or contributions and prepared monthly bank

reconciliations.

. Prepared accounts and inter company reconciliation & general ledger

entries.

Karnavat & Co. Mumbai, India (March 2007 - current)

Partner

Accounting:

. Gained understanding of client operations, processes, business

objectives and utilize that knowledge for accounting or audit

engagements.

. Performed preliminary review and prepared quarterly and annual

Financial Statements including Statement of Operations, Balance Sheet &

Cash Flow Statements.

. Review the general ledger accounts, journal entries for the month end

close & verified for accuracy.

. Reconciled on monthly or quarterly basis Banks and various accounts.

. Provided in-depth examination and analysis of financial statement

accounts including cash, prepaids, fixed assets, accounts payable,

accruals, revenues, and expenses.

. Performed monthly analysis of general ledger account variance and

reconciled changes.

. Performed accounts analysis and prepared reports for Cash flow, Job-

work dues, Production, Sales, Inventory, and Accounts Receivable &

Payables.

Auditing & Attestations:

. Performed Statutory Audits of large Public Companies, Private

Companies, Partnership Firms, Proprietary concerns, Banks in accordance

with the Auditing & Attestation Standards accepted in India.

. Responsible for framing the audit program, audit plans, scheduling,

delegating and ensuring timely completions of the audits within the

stipulated cost parameters.

. Prepared and analyzed Balance Sheet, Income Statements & Cash Flow

reports. & finalized accounting policies & procedures of the company &

notes to accounts.

. Responsible for the preparation of checklists and ensuring compliance

of Company Law, GAAS, GAAP, CARO, and various pronouncement issued by

Institute of Chartered Accountants of India and other regulatory

bodies.

. Actively participated in the opening meetings, closing meetings, and

audit committee meetings as a key member of the audit team. Prepared

and presented the results of the audit work and recommendations to the

management and carried out the remediation viewpoint of audit committee

meetings.

. Planned and conducted Internal Audits to review and test the adequacy

and effectiveness of internal controls and report the findings and

recommendations to the management.

. Monitored the post audit activities including follow-up with the

clients, providing technical backup support & achieving delivery &

service quality norms.

. Trained, supervised, mentored and evaluated an audit engagement staff

on external audits.

Taxation:

. Prepared and filed Corporate, Partnership & Individual Tax returns.

. Examined and reviewed taxpayer's financial records for the preparation

of tax returns.

. Provided taxpayers with detailed information on the process of

completing a tax form in a systematic manner.

. Provided necessary information to taxpayers regarding tax rules and tax

saving opportunities.

M/s Naresh & Co., Baroda, India (January 2001 to December 2003)

Staff Accountant

. Responsible for the accounting and reconciliation of ledger accounts

including bank accounts, accounts payable, accounts receivables,

accruals, etc. for various clients.

. Responsible for reviewing and maintaining fixed asset ledger accounts

by computing depreciation expense and accounting for additions or sales

of fixed assets for various clients.

. Responsible for leading and overlooking the physical inventory counts

and perform physical verification of the fixed assets.

. Prepared reports for Outstanding /prepaid expenditures, Cash flow,

Production, Sales, Inventory, Debtors & Creditors age analysis.

. Actively participated in year end close activities by preparing

financial statements and various schedules and notes for Audit Reports

and Annual Reports.

. Performed analytical review of the financial statements by doing Trend

Analysis, Ratio Analysis and reporting the variances.

. Computed tax liabilities and prepared Tax Returns for the Individuals,

Partnership firms, Companies, Not-for-profit organizations, as per the

provisions of The Indian Income Tax Act.

. Assisted in the process of certifications for ensuring the Compliance

with the requirements of Loan covenants.

. Assisted in preparation of project reports and applications for

obtaining approval for commercial borrowing/loans from the financial

institutions.

OTHER PROFESSIONAL AFFILIATION:

Member of The Institute of Chartered Accountants of

India January 2007

Member of Bombay Chartered Accountants Society

January2007

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