Accounting Professional Experience
Resume:
HARSHA PENUGONDA
#**, ********** ***, *** *, Woodbridge New Jersey – 07095
Ph: +1-732-***-****
Email: ******.*.**@*****.***
Seeking a responsible and challenging accounting position in the Organization where my knowledge and experience can be shared and enriched.
EDUCATIONAL QUALIFICATION:
Bachelors in Commerce,
Sri Venkateswara University, Tirupati 2009
COMPUTER SKILLS
Proficient with working on
•Oracle Enterprise 1
•Intacct
•Tally ERP
•MS office (Excel – Vlookup, Pivot, worked on Macros)
PROFESSIONAL QUALIFICATION:
•CA Final cleared second group, Institute of Chartered Accountants of India May 2013
•Cost Accountant (Intermediate), Institute of Cost Accountants of India Dec 2007
PROFESSIONAL EXPERIENCE:
EASTER SEALS
ACCOUNTANT
Jan’18 – Present
East Brunswick, USA
●Implementing standard process of periodic allocation and reconciliation for employee benefits.
●Performing weekly and monthly allocations of employee benefits based on labor distribution.
●Performing weekly and monthly reconciliations between employee benefits and invoices for timely and accurate invoice payments.
●Identification and rectification of deviations in benefit reconciliations.
●Communicating with Accounts Payables(AP) team to clear the open invoices and payments on timely basis.
●Reconciliations and allocations of pending 2017 invoices for next level AP processing.
●Reporting deviations between benefit rates & invoice premium rates to BeyondPay Payroll support team and timely follow up for resolution.
●Implement semi-monthly rates by replacing weekly rates in benefits invoices.
●Identify potential under payments to vendors due to new employees and dependents, enrollment changes & reporting to AP team for accurate billing.
●Identify potential over payments to vendors due to employee termination, leave of absence, plan exclusions, dependent exclusions & initiate refund process.
●Applying Balance forward method to maintain correct vendor account balances of overpayments and underpayments in invoices.
●Invoices segmented according to the company's needs - by location, division, or cost center.
Work Achievements:
Received vendor credit adjustments worth $15,000 due to over payments between September 2017 to till date.
Proactively detected and reported under payments of 10% of employees within the organization.
CAPGEMINI BUSINESS SERVICES (INDIA) LTD
PROCESS LEAD
Feb’15 – Mar’17
Bangalore, India
●General Ledger - Reporting and Banking.
●Working with ERP Oracle Enterprise 1.
●Performing daily Bank journals and postings.
●Preparing weekly and monthly bank reconciliations.
●Ensure timely (as per SLA) processing as per the laid down policies and procedures.
●Communicate effectively and responding to client queries.
●Responding to Statutory audit queries.
●Coordinating with P2P team and clients to clear all the open items on timely basis.
●Preparing month end accruals and prepaid journals.
●Month end period closing.
●Performing Balance sheet reconciliations for Banks, Accruals, Prepaid accounts.
●Reviewing and performing month end journals like FMR, Payroll, Recurring journals.
●Monthly FX Revaluations.
●Reporting in Oracle Hyperion system.
●Performing SOX Audit.
●Part of Business continuity plan (BCP) as a Critical resource of the team.
Work Achievements:
Promoted from Senior Process Associate to Process Lead.
Received Spot award in first 6 months of joining and Soaring Eagle of the month award for consistent and outstanding performance.
EXL SERVICES
SENIOR EXECUTIVE
July’13 – Feb’15
Bangalore, India
●General Ledger
●End to end accounting (AP, AR, Payroll, Fixed Assets and Reconciliations).
●Setting payments in customer bank.
●Working with ERP Intacct.
●Responsible for monthly reconciliations of Accrual accounts, VAT accounts, Fixed assets.
●Daily/ Weekly/ Monthly reconciliations of Bank accounts and Prepaids accounts.
●Intercompany account reconciliations.
●Ensure timely (as per SLA) processing as per the laid down policies and procedures.
●Preparation, analysis and consolidation of various Balance Sheet and Revenue schedules.
●Perform Balance sheet and P/L account analysis.
●Preparation of monthly, quarterly financial statements (Balance Sheet).
●Preparation of Yearly Financial Statements.
●Prepare standard & ad hoc reports to finance personnel.
●Coordinating in preparing Internal and External day to day reporting.
●Resolve and respond to client queries.
●Communicate effectively with customers and managing mid-size team.
●Adherence to standard operating procedures.
Work Achievements:
Promoted from Senior Accounts Executive to Junior Management Accountant.
Received Customer Appreciation.
JAGANNATHAN & SARABESWARAN CHARTERED ACCOUNTANTS
INTERNSHIP
June’10 – Dec’11
Chennai, India
VENKATARANGAN & CO., CHARTERED ACCOUNTANTS
INTERNSHIP
Oct’07 – May’10
Chittoor, India
Industries / Sectors covered: Banking, Manufacturing, Insurance and Trading.
Worked as a team member / led the team in conduct of various statutory, internal and tax audits involving in the performance and review of the following aspects:
●Finalization and preparation of Financial Statements, cash flow and Audit Report.
●Planning and preparation of Audit Programmes.
●Review of significant Accounting policies and Notes on accounts to ensure compliance with generally accepted accounting principles and the Accounting Standards issued by the Institute of Chartered Accountants of India.
●Conducted Tax audits to check compliance with Indian tax laws and reporting thereof, along with preparation of all relevant Forms and annexures.
Accounting:
●Preparation & maintenance of books of accounts in the computerized environment.
●Preparation of financial statements and ensuring compliance with Schedule VI requirements of Companies Act, 1956.
●Preparation of Provisional, Projected and Estimated Balance Sheets.
Taxation:
●Providing assistance to clients in filing VAT, Service Tax, Excise, PF, PT, E-TDS returns.
●Filing individual Income Tax returns.
●Validation audit of employee’s declaration forms.
Contact this candidate