Accounting Management

Suresh Chiyedath, CPA

Allen, Texas ***** Tel: 214-***-****

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

AUDIT SUPERVISOR / SENIOR ACCOUNTANT /CONTROLLER

With comprehensive experience in

Accounting/Finance Audit/Review US GAAP/IFRS

Management Reporting SEC Reporting Income Tax

Financial Statements Cost Accounting Account Analysis

A/c Reconciliation Controls Evaluation ERP Implementation

SKILL HIGHLIGHTS

• Pro-active and result oriented with broad experience in all aspects of accounting,

auditing, taxation and financial management.

• W ell disciplined with proven ability to manage multiple assignments efficiently under

extreme pressure while meeting tight deadline schedules.

• Experienced in the Audit (as per GAAS) of financial statements prepared under

US/Canadian GAAP.

• Thorough knowledge of and experience in preparation of Income tax returns.

• Managed General Ledger, budgets, Accounts Payables, Receivables and payroll

functions and prepared complex management reports in MS Excel.

• Thorough knowledge and implementation experience of ERP (Oracle Financials and

BaaN).

RELEVANT PROFESSIONAL EXPERIENCE /ACCOMPLISHMENTS

McGladrey & Pullen LLP, Dallas, Texas Nov 2006 – May 2009

Certified Public Accountants

Audit Supervisor

• Managing and driving the success of multiple audit engagements of various clients

covering the industries in Manufacturing, Real Estate, Construction, Retail, Banking, Non-

Profit etc.

• Handling of international audit assignments involving the accounts prepared in IFRS and

Indian GAAP. Helped the clients and fully participated in the conversion of IFRS financial

statements into US GAAP.

• Supervise audit team during field work until finalization and coordinate activities with

clients.

• Review the audit work papers and financial statements for accuracy and proper

disclosures.

• Keep abreast of the latest accounting pronouncements of FASB and IASB.

• Conduct research using “Accounting Research Manager” and AICPA/FASB literature in

order to advice clients on proper accounting treatments.

• Carry out the SOX audits. As part of audit engagements perform internal control

evaluations of clients to identify material weaknesses and significant deficiencies.

• Participate with the consultancy service team to conduct internal audits and system study

for business process reengineering of clients.

• Utilize IDEA program for statistical sample selections as part of audit testing.

• Prepare the financial statements with footnotes; Draft audit report and management

letters. Preparation of Individual and corporate income tax returns.

• Supervise, train and mentor associates and interns on audit process and assess

performance of staff for engagement reviews.

• Special assignment: Designated as ‘CaseWare Support Expert’ for the implementation of

New Audit Methodology and Software program.

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Public Accounting Experience in Canada 2002 Apr – 2006 Oct

Goldfarb Shulman Patel & Co.LLP/Norman Goldberg & Co.LLP

Chartered Accountants

Senior Staff Accountant/Auditor

• Carried out the audit, review and compilation engagements and handled the client’s files

independently.

• Analyzed client’s accounts, booked the adjusting journal entries and prepared financial

statements according to US/Canadian GAAP.

• Conducted internal control evaluation, developed audit plans and carried out the audit

engagements (Various Industries including public companies).

• Prepared, reviewed and advised on corporate, personal and trust income tax returns.

• Performed client-write up and year-end tax projections and planning.

• Maintained client files to ensure accurate and timely completion of returns and schedules.

• Extensive use of Caseware/Caseview, Profile, Taxprep and other accounting programs.

• Assisted in the development and implementation of tax planning strategies for various

clients.

• Reviewed the work of junior staff for accuracy and completeness.

• Attended the in-house professional development seminars and coordinated with quality

control department for improving the quality of client files.

Sharjah and Kuwait Manufacturing, Sharjah, U.A.E. 1996 Nov – 2001 Nov

Senior Accountant/Controller

• Monthly closing of accounts by preparing Balance Sheet, Profit and Loss account and

analysis reports with schedules and graphical illustrations.

• Prepared budgets, forecasts and other adhoc management reports.

• Periodical reconciliation of foreign supplier’s accounts and processing the payments. Analysis

of Unallocated Payments A/c balance and allocate the payments to invoices.

• Scrutiny of all incoming L/C’s, L/C amendments, and preparation of export L/C documents for

negotiation.

• Liaison with banks for arranging finance, opening letter of credits and Inward Bills for

collection.

• Periodical Internal Audit into the predefined rules and procedures of the company as per the

requirements of ISO 9001 certification. (Rotational job among senior staff members)

• In-Charging the project for implementation of ERP system, BaaN.

• Collection of indirect expenses such as factory depreciation, utility charges, indirect wages

etc. for overhead allocation as part of costing.

• Done monthly WIP and “Finished Goods valuation” for financial statement purposes.

• Comparison of actual with budgeted figures and preparation of variance analysis reports

which included price variance and volume variance.

• Preparation of feasibility report and projected financial statements in connection with the

relocation and renovation of office and factory.

Continental Informatics Ltd., Dubai, UAE (Part Time assignments) 1999-2001

Oracle Financials Consultant

• Implemented GL, A/P, A/R and CM modules of Oracle Financials.

• Handled pre-implementation study, GAP analysis, Business mapping, data conversion,

modification/customization of forms, preliminary set-up steps and security rules.

• Created Chart of Accounts, Flexfield structure and set of books in the GL module of Oracle

financials as part of implementation and used FSG for report generation.

Rossini LLC, Dubai, U.A.E 1989 – 1996

(Dealers and Importers of expensive watches and Jewelry)

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Chief Accountant

• Handled independently the accounting dept. and responsible for submitting to management

various financial reports.

• Maintained general ledger, payables ledger, receivable ledger and passed monthly adjusting

entries.

• W orked with the Company from the formation stage itself and was responsible for the

development of accounting and other systems of the company.

• Specific experience in the designing and development of the internal control system of the

member companies of our group and assisted the Group Financial Controller in

streamlining/overhauling the existing system.

• Liaison with external auditors for interim and year-end audits.

EDUCATION AND CERTIFICATIONS

• Passed CPA, (US)

• Active member of the American Institute of Certified Public Accountants(AICPA).

• Passed CA (Chartered Accountant – Institute of Chartered Accountants of India)

• Active member of the Institute of Chartered Accountants of India.

• Passed CGA, Canada

• Active member of the Certified General Accountants Association (CGA), Ontario.

• Bachelor of Science (Science and Accounting) – Kerala University, India

• Diploma in Oracle Financials implementation.

• CPE courses of AICPA on IFRS (International Financial Reporting Standards)

• Completed PricewaterhouseCoopers IFRS Video Series.

• Certificate on ISO 9001 audit.

REFERENCES

Will be provided upon request.

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