Accounts Payable Account Executive

Prashant Shetty Mobile: 91-973******* E-mail: **************@*****.***

VijayaNagar, Bangalore-560040

Career Objective:

To work in an organization with a co-operative environment. To strive, to develop and hardness my intellectual capability to the maximum extent for the progress of the organization and myself.

A competent professional with 8.5 years of experience in Accounting, MIS reporting and statutory compliance & Oracle Accounts payable.

Presently working with a US based MNC since 2010. Current designation is Accountant.

Demonstrated abilities in completing assignments within time budgets and calendar schedules while handling multiple tasks.

Working knowledge of Oracle and Tally. MIS tools.

A good team player with good communication skills and excellent relationship building & interpersonal skills. Good analytical, problem solving & organisational abilities.

Professional Experience:

More than 8 years of experience in Accounts and Finance.(Software oracle and Tally)

Organization

Duration

Designation

RCI-Wyndham Group

November 2010 - to till date

Accountant (Accounts Payable)

Magnus School of Business

January 2009 – May 2010

Accountant

Infradem Engineering (I) Pvt Ltd

June 2007 – November 2008

Account Executive

Professional Training -- ACCOUNTS HOUSE

Completed the corporate practical oriented training with hands on experience in Accounting, Taxation and statutory areas covering –

Accounts with Tally 9, P.F. PT and E.S.I, Payroll Processing, Labour Laws, VAT & CST, Service Tax, Banking, MIS Reports and Advanced, Excel Report,

Central Excise, Income Tax, Tax planning for Employees, TDS on other payments Import Procedure.

Professional Summary:

Good knowledge on PF.PT & E.S.I.

Hands on experience in MIS Reports & Advanced excel Reports

Hands on experience on Central Excise, VAT & CST.

Hands on experience on TDS,Service Tax, Income Tax, Tax Planning for Employees

Academic Record:

Completed graduation in B.Com from Tunga Mahavidhyalaya, Thirthahalli affiliated to Kuvempu University, in 2005.

Completed MBA (PGDBM) in finance: Symbiosis Centre for Distance Learning (SCDL) from PUNE UNIVERSITY

Working for RCI- Wyndham Group (MNC) as an Accountant (Accounts Payable) since November 2010 to till date

Responsible for the vendor payables. Ensuring that the payment of Invoices is completed within a timely manner and accordance with payment terms

Review all Invoices for appropriate documentation and approval prior to payment.

Preparation of Purchase Order

Creating vendor creation/ edition and terminations and management of vendor data

Ensure timely settlements with Vendors and get a “nil balance” confirmation from all vendors.

TDS,Service Tax and other statutory deductions are made timely and accurately prior to approving payments and timely deposit with the relevant authorities including management of certificates and challans

Ensure timely and accurate filing of monthly, quarterly and annual returns of Tax Deducted at Source, VAT etc.

Monthly account reconciliations for all non-payroll expenditure & vendor related accounts.

Audit and process credit card bills

Monthly accounts closing process and ensure appropriate allocation to cost centers.

Preparation DCR (AR) Reconciliation Statements on Daily basis

Reimbursement of travel related expenses of employees though accounts Payables

Accounting of daily operating expenses in General Ledger

Monthly preparation of accruals for each of the cost centers for various

expenditures like printing & publication, Travel & Entertainment, Facilities & utilities related expenses through close interaction with the business / cost center heads

Preparing of monthly accruals of cost centers by line item to the FPA team for preparation of monthly forecast & Annual Budgets

Collate the headcount update from Human Resources department & allocate

monthly staff welfare expenses for each cost center

Cash disbursements for facilities expenses and accounting for the same in & General Ledger

Interaction closely with internal & external auditors for clarifications during the

finalization process of accounts / various expense line items

Preparing MIS reports with a view to provide feedback to the top management on the financial performance viz., fund management, credit control, profitability, etc.

Process and audit of Employee Expense reports

Rectified escalated accounts payable issues from employees and vendors

Balanced batch summary reports for verification and approval

Coordinated A/P functions. Coded and distributed invoices to appropriate manager for approval.

Verified general ledger account. Projected distribution and approval levels on invoices

Reviewed expense reports for corporate policy compliance and responded inquires regarding proper coding of expenditures and payment invoices.

Conferred with vendors to resolve discrepancies on invoices and provided vendors with payment information when requested.

Reviewed vendor statements and purchase orders, investigated and resolved open issues

Investigated unrecorded liabilities for items processed outside the PO system

Processed credit memos, travel vouchers and expense reports

Reconcilation of bank accounts

Processed cash disbursements, prepared payments for distribution and maintained historical records.

Journalized and posted transactions, prepared trial balance sheets, adjusted records and closed entries.

Verified prices, allowances, payments terms and prepared shortage/excess reports

Works closely with accounting team and department managers to ensure accurate general ledger account coding and approvals are in place according to company policies and proper proof of receipts.

Worked for Magnus School of Business,Bangalore as an Accountant since January 2009 to May 2010.

Responsibilities:

General Accounting and day-to-day book keeping.

Maintaining Petty cash, Travel Expenses, Bills. & Preparing Cash Receipts and Daily Collection Register

Preparation of invoices.

Filing TDS And Service Tax

Financial Planning & Analysis - Budgeting & Forecasting

Preparation Bank Reconciliation Statements, Cash Management Corporate, Fund Management.

To keep track of Bill Receivable and Payables and scrutinize.

Preparation of MIS and other Financial Reports using MS Excel.

Making payments to Vendors

Bank works and coordination with banks to collect cheques and others

Interaction with the students regularly for the collection of the fees payment follow-ups and other queries

Preparing weekly expenditure & month end statement and budgeting.

Preparing comparative statements of expenditure

Co-ordinate with corporate office towards funds and payments

Inter office Correspondence

Worked for Infradem Engineering (I) Pvt Ltd, Bangalore as an Account Executive since June 2007 to November 2008

Responsibilities:

Maintaining books of Accounts of the Company.

Coordination with audit staff for year-end finalization.

Filing TDS And Service Tax

Invoice Raising & Maintaining payments to employees.

Accounting and verification of daily cash and bank transactions.

Reconciliation of Bank Statement.

Interaction with the customers and Clients regularly for the collection of the payment follow-ups and other queries

Having a good exposure in HR related works & Administration work & Marketing

Handling the Petty Cash & Non Petty Cash & Bank work

MIS Reporting & Preparing of Cash flow statement

Handling Bills Payables And Receivables

Monthly expenditure Statement & Budgeting

Personal Profile:

Father Name : Mr.Narayan Shetty

Permanent Address : Balagar,kudumallige (p), Thirthahalli- 577432,

Languages Known : English, Hindi, Kannada and Tulu

Hobbies : playing carom, cricket etc.

My Strengths : Hardworking, Sincere, Loyal, Patient,

Good Communication skills, Good Organizing ability.

I declare that the particulars furnished above are true and complete to the best of my knowledge. I also agree that my candidature shall be cancelled if the above details are found to be incorrect at a later period of time.

Reference: Available upon request.

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