Service Customer

Ivaylo Grantcharov

Summary: Detail oriented Accountant with eight years proven experience.

Collaborated with team ensuring understanding of financial needs.

Consistently achieved business objectives, exceeded expectations, and met

strict deadlines while employing meticulous accounting skills.

Work Experience:

Suzlon Wind Energy Corporation Chicago, Illinois

Manufacturer and installer of wind turbine generators with over 500

employees in North America`s Division.

Service Accountant April 2009 - August 2010

. Prepared several reports, analysis, and schedules for periods closed.

. Completed period end adjusting Journal Entries. Monitored the direct

and overhead cost related to OMS.

. Prepared and analyzed Service and Warranty by cost centers and regions

reporting profitability and optimization of service and warranty cost.

. Period end orders settlement.

. Assisted auditors with schedules, analysis, and additional data as

needed.

. Monthly service and extended warranty billing.

. GL account reconciliation.

Notable Accomplishments:

. Successfully managed service, warranty revenue and cost occurred on

the $800 million projects commissioned.

. Monitored and reconciled income received in advance, service and

extended revenue, and warranty release chart of accounts, adjusting

overstated service revenue for the amount of $120K

. Collaborated with team making operation maintenance service a profit

in amount of $2.7 million for services and $3.06 million in warranties

for the first four months of the fiscal year.

. Single-handedly reduced time frame of completion of service, warranty

and extended warranty reports by week.

. Automated P&L Report by for 4 regions and 24 cost centers making it

available immediately after the closing period.

. Created and implemented system to handle invoicing process for

customers for service and extended warranties speeding up process and

providing faster customer service.

. Unraveled and billed project with omitted indexation for the amount of

$150K by effectively managing the billing schedules and the production

pricing index and consumer pricing index tables.

. Implemented invoicing system for service and extended warranty

resulting in speeding up Suzlon company`s collection process by 45

days. Unraveled and billed project with omitted indexation for the

amount of $150K.

Mitsubishi Injection Molding Bensenville, Illinois

Machinery, Inc.

Manufacturer and distributor of injection molding machinery with the

five top clients from the automotive industry.

Staff Accountant March 2008 - March 2009

. Prepared and updated various financial reports.

. Period end accrual journal entries.

. Bank, fixed assets, inventory, prepaid, accrued, and sales tax

accounts reconciliation.

. Monitored assets volume, acquisitions, moves, adjustments on GL

accounts.

. Maintained database spreadsheets for reporting purposes. Timely filing

of various business and property tax returns.

. Managed payment schedules for inventory received. Prepared monthly and

quarterly reports, presented to management.

. Analyzed accounting records A/R and A/P for all current and new

developments for future budgeting and cash flow projections. Assisted

in preparing the annual reports.

. Prepared, submitted, and paid sales tax returns in 46 jurisdictions.

Meridian Leasing Corporation

Deerfield, Illinois

Distributor of IT products in its wholesale and leasing business at USA,

Europe, and Australia.

Property Tax Specialist January 2007 - March 2008

. Prepared & Submitted the Rendition Forms to the Assessors. Managed a

database of assets for reports for the Property Tax Returns.

. Traced the assets in the accounting system and allocated the tax

schedules for them.

. Handled the billing process and generated of assets reports for the

customers.

. Maintained the acquisition, moves, and depreciation of the leased

assets.

. Assisted in the month end close journal entries, analyzing financial

statements and completing variance analysis.

. Responsibilities included property accounting maintenance, reporting,

and budget planning.Filing sales/use tax returns/payments in

particular states.

Notable Accomplishments:

. Improved the Property Tax Return process resulting in savings for the

amount of 20K.

. Resolved outstanding issues with the assessors. Saved 16K by fixing by

waiving penalties in assessments.

. Implemented system to track outstanding receivables reducing them by

70%.

Purchaser

September 2000 - January 2007

. Configured the inventory to be purchased. Built order configurations

based on customer's needs. Traced orders and maintained reports

for the inventory preordered and shipped.

. Prepared and ordered the IT services for the customers by service

level for the inventory at customer site.

. Invoiced customers for orders shipped.

. Assisted the sales team and the customers until order completed.

Notable Accomplishments:

. Designed and developed new structure to speed up and simplify the

process of ordering resulting in shortening the billing process by

three days.

. Approved vendor payments. Cost analysis per products and vendors.

Saved $16, 000 in late fees for year 2002.

Education:

Roosevelt University, Chicago, IL May 2008

Master of Science, Accounting, GPA 3.66

University of National and World Economy, Sofia, May

Bulgaria 1995

Bachelor of Science, Accounting, GPA 3.45

Certifications

CPA Certification currently in progress

Skills

Computer Experience in SAP, MS Excel, JD Edwards, Great Plains, MS

Access, MS Word, Lotus 123, MAS400

Contact this candidate