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Accounting Professional Experience

Location:
New Jersey
Posted:
March 30, 2018

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Resume:

HARSHA PENUGONDA

#**, ********** ***, *** *, Woodbridge New Jersey – 07095

Ph: +1-732-***-****

Email: ac4ze6@r.postjobfree.com

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.



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