Accounting Assistant

Ms. SADHANA AMARATUNGE

*** ***** *****, **********, ** 08536-3601

Tel: 609-***-****, Cell: 347-***-****

Email: *******@*****.***

WORK EXPERIENCE SUMMARY

Senior accounts executive with Bachelor of Arts degree in Accounting and

over 12 years experience in inventory management & cost accounting,

financial statements according to GAAP, year-end audits, and account

reconciliations. Proficient in A/P, A/R, & GL Modules, Macola, Ontrack,

Solomon, Excel: Pivot & Lookup tables, Word.

EMPLOYMENT HISTORY

Wathne Ltd (total employment 12 years) Mar 1998 - May

2010

Senior Accountant/Assistant Controller May 2008 - May

2010

Wathne Licensing LLC, 1 Capital Drive Cranbury, NJ

. Various licensing contracts: example: Via Spiga, Oscar De La Renta

. Acted as the unofficial controller as there was no controller present

due to business down sizing.

. Maintained Cash Management and cash flows.

. Signed and approved letters of credit for merchandising with CIT and

Wells Fargo for shipments paying attention to the ultimate profit

margin on the future sales.

. Calculated and recorded financing fees.

. Direct Communication with CIT for availability of funds and request

funds.

. CIT reconciliations to tie to the bank loan and A/R balances at the

end of the month.

. Responsible for inventory management and profit margin.

. Inventory management & cost accounting to calculate per

unit profit margin and verified the financial statement

profit margin for polo merchandise.

. Calculate royalty and advertisement per contract requirements for each

license.

. Periodic closing of financial statements according to GAAP-used SAP.

. Account reconciliations and bank reconciliations.

. Assisted the external auditors by providing critical information to

complete the audit.

. Assisted in the due diligence process during the investor take over.

. Assisted in the process of debt forgiveness by the new investor and

disburse funds for the portion not forgiven.

. Assisted the lawyers and forensic accountants in litigation procedures

stemmed due to lawsuit against Polo Ralph Lauren Corporate.

. Managed 3 employees: A/P, A/R and Data Entry person

Senior Accountant/Assistant Controller May 2003 - Apr

2008

Wathne Imports Ltd, 90 Stults Road Dayton NJ

. Responsible for Periodic Financial Statement Closings

according to GAAP-used Macola system.

. Accounted for Factor Activities (CIT Commercial Services).

. Royalty and advertisement Calculations and direct

communication with Polo Ralph Lauren Corporate.

. Inventory management & cost accounting to calculate per

unit profit margin and verified the financial statement

profit margin for polo merchandise.

. Prepare financial statements to obtain loans from various

banks

. Trained and managed a/r and a/p personnel for various

accounting activities

. Maintained foreign office expenses

. Maintained Capital Assets & Calculate depreciation using

FAS2000

. Sales & Use tax returns, NYC Commercial tax returns

. Accounted for letter of credit financing agreements with

attention for fees and minimums.

. Handled all necessary tasks to prepare for six-month

review, year-end audit, & bank audits.

. Assisted the CFO and Controller to achieve various

financial goals

. Managed 5 employees: A/P, A/R, data entry and staff

accountants

Staff Accountant May 1998 - May

2003

Wathne Ltd, 156 W 56th Street New York, NY

. Assisted the Senior Accountant and Controller in the financial

statement closing procedure

. Assigned invoices to CIT

. Ran Inventory costing procedure using Ontrack twice monthly and

confirmed inventory to CIT.

. Maintained cost accounting tables on excel on each purchase

order/item/group

Temporary Staff Accountant Mar 1998 - Apr

1998

Wathne Ltd, 152 West 57th Street, New York, NY

Filled in for the assistant controller on Maternity Leave handling various

accounting tasks in her

Absence. Was hired permanently on April 27th 1998.

Temporary Staff Accountant Jan 1995 - Feb

1998

Local Initiative Support Corp-Not For Profit Company, New York, NY-used

Solomon.

National League For Nursing- Not For Profit Company, New York, NY

American International Group(AIG), New York, NY

British Airways Finance Department, Astoria, NY

Performed various accounting tasks including Journal entries, & Account

Reconciliations.

Staff Accountant Oct 1996 - Mar

1997

Dennis Publishing Inc., New York, NY

Worked on the launch of Maxim Magazine. Handled A/P, A/R, Banking, and

Payroll. Also performed various administrative tasks. Left due to low

salary and no increase was in sight.

Staff Accountant Internship May 1995 - Oct

1995

Embassy of Singapore, Washington D.C.

Took care of daily disbursements, performed many administrative tasks,

including working as the embassy receptionist.

Volunteer Student Aide May 1993 - Dec1994

Queens College (Accounting Department), Flushing, NY

Assisted the Secretary in typing documents, provided information to faculty

and students.

SOFTWARE SKILLS

SAP: A/P, A/R, & GL Modules, Macola, Ontrack, Solomon, Excel: Pivot &

Lookup tables, Word

EDUCATION

QUEENS COLLEGE CITY UNIVERSITY OF NEW YORK

Bachelor of Arts in Accounting-February 1994, Overall G.P.A 3.0, Accounting

G.P.A 3.2

Contact this candidate