Accounts Receivable Management

EDUCATION

Certified Public Accountant (CPA) Jul 2011

Certified Chartered Accountant, London, UK Sept 2009

ACCA - Association of Certified Chartered Accountants (http://www.ACCAGlobal.com)

Bachelor of Commerce in Accounting and Auditing, Gujarat University, India Aug 2002

PROFESSIONAL EXPERIENCE

Profusionsystems Inc. Elgin, IL May 2013 - Present

IT Industry

Sr. Accountant

Prepare month end close journal entry.

Maintain fixed asset register and prepare deprecation schedule.

Prepare quarterly and yearly cash flow for management team.

Prepare variance analysis report based on budget and actual reports.

Reconciliations of Accounts receivable and Accounts Payable accounts on Balance sheet

Cash flow budgeting v/s actual variance analysis, bank and credit card reconciliations

Prepare budgeted and actual year-end report including profit and loss and balance sheet.

Liaison with Payroll department and update payroll records in company ERP.

Liaison with external auditors for interim and year audit and to prepare tax return at year end.

Identity key performance indicator (KPI) and make management suggestion for driving the performance.

Managed and maintained company chart of accounts.

Make suggestions to upper management for process improvement and implement policy in various department.

U.S. Cellular / Robert Half Management Resource, Chicago, IL March 2012 – May 2013

Telecommunications Industry

Sr. Accountant

Prepare month end close journal entry for Distribution and Revenue accounting.

Reviews and verifies the accuracy of journal entries and accounting classifications assigned to various records.

Analyze the revenue reconciliation report and submit the findings to the management team for review

Prepare vendor invoice analysis report to assist the FP&A team.

Participate in new initiative by management for distribution channels with various business leaders.

Participate in weekly inventory forecasting meeting with business leader.

Drafted and implemented accounting policy and process flow for forward and reverse logistics for distribution accounting.

Experience working within an internal control framework as established for public companies under the Sarbanes-Oxley Act of 2002.

Libsys Inc, Naperville, IL (http://LibsysInc.com) October 2008 – March 2012

IT Industry

Financial Analyst

Compile month end close journal entries in accordance with GAAP

Prepare monthly account reconciliation and account analysis of financial and operational data.

Forecast budgeted Monthly / Quarterly cash flow.

Reconciliation and analysis for variance of cash flow.

Collaborate with external auditors during quarterly and annual financial reviews as well as prepare reports, assess risk at the financial reporting level and draft audit procedures accordingly.

Reconciliation of bank and general ledger.

Reconcile Accounts Payable and Accounts Receivable on monthly basis, Sending payment to overdue accounts.

Collect reports on revenue and expenditure from overseas office to prepare journal entries in domestic and foreign currency on monthly basis.

Work with treasury to transfer funds in domestic and foreign currency.

Collect data for payroll from HR department and perform monthly payroll.

Prepare monthly and quarterly state tax return for withholding and unemployment taxes. Resolve queries with state department on disputed tax return.

Assist upper management in forming procedural policies, help implement policies and provide feedback on implementation.

Implemented tool to reduce the month end close from 4 to 2 days.

Conditioned Environment Services Ltd., London, UK March 2003 - January 2006

Construction Industry

Staff Accountant

Assisted the Financial Manager for preparation of monthly, quarterly and yearly financial reports.

Prepares intercompany recurring and reversal entries in on monthly basis.

Establish cash flow forecast for the submission to the bank for overdraft facility. Supervise the implementation of forecast and deal with variances.

Reconcile Accounts Payable and Accounts Receivable.

Sending out necessary overdue account statements and liaise with Credit Control department.

Remittance of payment after authorization of Treasury.

Pass necessary journal entries for fixed asset accounting.

Prepare deferred revenue entries and reversal entries on monthly basis.

Prepare Consolidated Profit & Loss and Balance Sheet for holding company and subsidiaries.

Authorize and process expenses payment for employees on biweekly.

Prepare cost benefit analysis of project undertaken by company.

ROI for Long term Project and WIP reports for Sales team

Prepare monthly payroll.

Maintain regular records of staff progress as preparation for performance appraisals.

Prepared excel tool to increase collections by 15%.

Review the contract with legal department and received early payment discount of 10% with major vendor.

Rushil Décor Pvt. Ltd., India August 2001 - October 2002

Manufacturing Industry

Staff Accountant

Processing, allocating and banking of checks, credit card and EFT payments.

Reconciliation of general ledger accounts receivables and payables ledger

Assist for preparation of general ledger to trial balance up to balance sheet.

Training of new staff and continual training of current staff.

Prepare journal entries for client located at overseas in domestic and foreign currency.

Initiated EFT payments to reduce the collections by net 45 to net 30 days.

SKILLS

Software: SAP, Business Objects, QuickBooks Pro, ADP online payroll system, WinAccs software

Applications: MS Word, MS Excel, MS Outlook, MS Power Point, MS Access.

Excel skills: Pivot table, vlookup, autosum, macro, data function

REFERENCES

Available upon request

Contact this candidate