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Accounts Payable Accounting

Scarborough, Ontario, Canada
November 07, 2018

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Venkat Sethuraman

***-****-******** ****** ****, Scarborough, ON M1J 2G7



* + years of experience in the field of Finance and Accounting performing in Accounting / bookkeeping functions within multiple industries: Manufacturing, Construction, Trading, Finance and Distribution

In-depth knowledge of accounting concepts and generally accepted accounting principles (GAAP)

and IFRS.

Dedicated, loyal, able to adapt quickly to situations, analytical, skilled in problem-solving, highly detail oriented and able to successfully contribute to company’s objectives

Good critical judgement skills, well-organized, able to meet deadlines, self motivated, and comfortable operating in a multicultural environment

Proficient in Oracle finance (ERP), QuickBooks, Sage -50, Word, Excel, PowerPoint, and Outlook

Core Competencies

General Ledger Reconciliations Budgeting/Actuals/Variance analysis

Accounts Receivable Banking Invoice processing /Collection

Accounts Payable Treasury/ Cash Management Financial Analysis

Payroll Cash flow Financial Reporting

Journals Month / year end process Audit review

Audit Review Client Relationship Risk Management/Credit Counselling

Employment History


White gold Financial Services – finch Avenue WEST, Ontario - May – AUGUST 2018

Bookkeeping, Accounts of the Business firms, Companies and Compilation of Accounts

filed Tax returns for the Individuals and Corporates

Accountant January 2017 – April 2018

Raj Grocers Inc, Etobicoke, ON- (Contract) – (Retail /Distribution Company)

Performed full cycle bookkeeping, payroll, and Government remittances (GST/HST, WSIB, and source deductions)

Managed company accounts, general ledger; and input journal entries into the system.

Accounts Payable –Checked, verified 3way matched invoices recorded, processed for payments, paid on due date, resolved vendor accounts/ invoice discrepancies, employee expenses reports, and prepared cheques for payment, open invoice statement, expenses report, and ad-hoc reports.

Accounts Receivable – prepared invoices submitted to the customers with inventory, recorded invoices, checked returned inventory, created Credit memos submitted to the customers, input the customer payments in to the system, followed up for payments with customers for delinquency accounts, resolved invoice/ payment discrepancies, follow upon on skipped payments/irregular payments/ short payments with customers, Credit appraisal of Customer files, and age analysis report.

Reduced the delinquency account (overdue) balances from 40 % to 5% and increased the cash flow of the company

Processed credit card transactions, reconciled bank statements and credit card statements

Prepared monthly financial statements, management reports and ad-hoc reports


Accounts Payable Analyst September - December 2016

Canada Bread Company, Etobicoke, ON

Reconciled vendor accounts and inter-company accounts

Checked/Verified matched 3way invoices with purchase order, GRIR/ Packing slip, resolved discrepancies and processed for payments

Accounts Receivable Clerk July 2014 – September 2015

UTEMP Inc – Brampton, ON

Performed full cycle Accounting functions, Banking, payroll, prepared cheques / cash disbursements

for the employees

Prepared invoices submitted to the clients, recorded, reconciled accounts and followed upon for payments

Ensured accurate and timely recording of transactions, maintain integrity of general ledger

Filed WSIB, HST/GST and source deductions in order to remain current

Reconciled bank statements to General Ledger Accounts and Prepared Tax (T1 and T2)

Accountant January 2012 – February 2014

United Arab Construction Company Ltd, Sultanate of Oman

Accounts payable – Checked, verified, matched invoices (3 way) with purchase order, packing slip/ GRIR, recorded, processed, reconciled vendor accounts

Resolved Invoice / payment discrepancies, processed for payments after approval and paid on due date

Accounts receivable – prepared invoices, recorded, sent statements to customers, reconciled customer accounts, resolved discrepancies, prepared age analysis report, followed upon overdues, Bank reconciliation, payroll, and financial reporting

Performed Contract Job costing report, created invoices, resolved issues /problems of billing

Prepared profitability report of projects

prepared daily cash flow statements for working capital of the company.

Accounts Executive January 2008 – December- 2011

Muscat Finance Company Ltd, Sultanate of Oman

Performed full cycle Accounts payable, accounts receivable, Payroll, general ledger functions reconciliations, year end accounts closing, and financial report.

Performed full cycle Treasury function – prepared daily cash flow statements, (inflow and outflow of fund movements)

Reduced the bank interest rate for the working capital of the company, arranged funds from local and foreign banks for low rate of interest and increased the revenue for the Company

Prepared budget for 100 million CAD, compared with actuals / variance analysis report

Financial reports

As a head of Collections implemented procedures /systems and reduced overdues by 75%


Bachelor of Commerce University of Madras, India

Diploma in Finance and Accounts North American College, Toronto, ON-October 2015 –July 2016

– Dec-2006

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