SHWETA JOSHI

Professional Summary: Skilled Staff Accountant with over 10 years of accounting experience and proficiency in extracting financial data from various accounting systems.

SKILLS

US GAAP principles

Experience with SAP, Great Plains, PeopleSoft, QuickBooks Pro, Concur, Prophix & Wrike

Expert in Excel, including VLOOKUP, Pivot table and charts along with other logical functions such as If, Sum if, Sum ifs etc. Also, Data validation, conditional formatting and so on

EDUCATION

Master of Science: Accounting, May 2015, Fairleigh Dickinson University

- Teaneck, NJ

Master of Commerce: Business Administration, April 2010, M.S University - Baroda, India

Bachelor of Commerce: Accounting and Finance, March 2008, M.S University - Baroda, India

WORK HISTORY

Staff Accountant and AR Supervisor, American Council on Exercise – San Diego CA 02/2020 to Current

Responsible for monthly expense review for all departments to provide monthly budget variance report to BOD via Prophix

Created lease schedules per new lease criteria under ASC 842 and responsible for monthly reconciliations of the lease liability and ROU assets accounts.

Prepare and enter monthly interest and amortization entries related to leases under new lease criteria.

Maintain and reconcile Loan schedule and enter monthly amortization entries related to Loan

Prepare and enter monthly deferred revenue entries for revenue close and maintain the schedules for Deferred revenue accounts.

Responsible for maintaining prepaid insurance schedule and create monthly expense entry for that.

Responsible for monthly inventory true up adjustment entry by maintaining monthly schedule to identify and resolve any significant variance between actual inventory counts report and the trial balance.

Prepare and submit monthly and quarterly Royalty payments while staying on top of any new partnership contracts and any updates to existing ones.

Reconciliation of monthly sales tax and submit payments for monthly, quarterly, semi-annually and yearly sales tax payments

Review and approve AP batches daily to help support AP team

Review and approve monthly revenue batches, Refund batches for AR lead for B2B customers.

Review and approve AP schedules for AP lead

Review and approve AR schedules for AR lead

Review monthly refund processed and money collection from AR Specialist

Review and approve web order posting for AR coordinator

Help, support and oversee AR lead, AR Coordinator and AR specialist

Staff Accountant, Suez – Paramus NJ, 4/2019 to 9/2019

Preparing month end accrual and prepaid tax entries.

Performing monthly account reconciliations for non-income tax accrual accounts.

Preparing and maintaining schedules for non-income tax payments on a monthly basis along with all required backups to support payments.

Responsible for monthly/Quarterly/Semiannually and yearly Property Tax, Gross Receipt Tax, Franchise Tax and Excise tax.

Review all the above non – income tax payments along with the backups with approving authorities and submit the same to treasury to ensure timely payments on monthly basis.

Work directly with various levels of senior management to review accounting issues and providing background information on various tax payments.

Review and approve due diligence letters to end consumers.

Snr Accountant, Apple Montessori Schools – Riverdale NJ, 8/2018 to 4/2019

Performed and helped managing monthly accounting close.

Maintained and recorded various monthly journal entries including Accrual and Prepaid Journal Entries.

Responsible for monthly account analysis and reconciliation of Balance Sheet Accounts.

Responsible for biweekly payroll entries for all the schools along with accruals.

Booked monthly revenue entries for all the schools.

Responsible for recording tuition deposit daily entries.

Responsible for creating and maintaining accounts receivables and deferred revenue analysis

Created and maintained Capital Expense and R&M file to follow threshold limit and make decision over capitalizing the expense per invoice description.

P&L review for month end closing.

Created and Reconciled Prepaid accounts and Accrual schedules.

Performing miscellaneous tasks assigned by management to help the Controller on an as-needed basis.

Assist with financial analysis as needed.

Responsible for daily Bank reconciliation.

Performed depreciation entries on fixed Assets

Performed ad hoc analysis and expense analysis on a monthly basis to determine accuracy and reasonability.

Financial Accountant, Becton Dickinson and Co - Franklin Lakes, NJ, 09/2015 to 06/2018

Providing support for monthly reviews of multiple Cost Centers – budget checks with budget owners.

Compiling and consolidating data from various sources to analyze and report information for use in decision making by management.

Liaison with Finance and Business Units regarding current financial reports and for related inquiries.

Providing management with analytical analysis on a monthly basis and communicate issues in a timely manner.

Measuring operational and financial performance relative to different business Units.

Generating and reconciling monthly reports and analyze them after formatting and distributing for internal review.

Consolidating and annotating any adjustments for future reference based on internal reviews.

Developing and maintaining forecasting models based on the current reports for different business units as well as for overall review.

Performing ad hoc analysis and expense analysis on a monthly and quarterly basis for finance.

Perform job cost & cost center analysis for all product lines by highlighting opportunities and risks

Closely working on cost of employees and freelances along with OT hours and different rates for freelances to provide accurate data on labor cost.

Keeping track of any external charges to the department’s cost center and providing the summary to the executives on monthly basis.

Staff Accountant, Creative Food Group LLC – Jersey City, NJ, 07/2014 to 09/2015

Performed complex general accounting functions, including preparation of journal entries, account analysis and balance sheet reconciliations with nearly 100% accuracy.

Performed ad hoc analysis and expense analysis on a monthly basis to determine accuracy and reasonability.

Responsible for day-to-day liquidity management and investment of excess cash.

Performed Daily and Monthly bank reconciliation for checking and payroll bank accounts.

Manage Intercompany Cost Accounts keeping constant interaction with Account Payables and Account receivables.

Performed weekly payroll for about 200 employees.

Generated financial statements and facilitated weekend and month-end closing process.

Generate and analyze monthly and quarterly financial reports for partners with variance analysis.

Performed profit distribution entries for the partners Preparation and submission of statutory returns, including tax compliance.

Compiled financial reports pertaining to cash receipts, expenditures and profit and loss.

Discovered major instances of fraud, embezzlement and large balances due.

Drafted and reviewed financial statements such as income statements, balance sheets and cash flow statements compilations before being approved by partners.

Assist in several audits of company's major stores and accounts Responsible for confirming that all necessary documents are in the final audit file before presenting it to the partners and external auditor.

Interface with internal and external auditors in planning and reviewing year end and interim audit requirements to ensure all consolidated financial statements are in accordance with US GAAP.

Maintained required audit files, including liaison with internal and external auditors.

Work directly with various levels of senior management to review accounting issues and providing background information on transactions.

Preparing and assisting in the development of budgets, projections and the Annual Strategic Review

Accountant, One Dollar Zone - Saddle Brook, NJ, 09/2012 to 05/2014 (Volunteered for 1yr)

Manage Intercompany cost Accounts keeping constant interaction with Account Payables and Account receivables.

Posted receipts to appropriate general ledger accounts.

Balanced monthly general ledger accounts to accurately record cost and month end accruals.

Prepare biweekly payroll for about 150 employees.

Compare employee timecard with manager's time sheet to check wages and hour related accuracy.

Entered and Audited employee W4s, I-9 form.

Perform Bank and Cash Reconciliation.

Furnish monthly and daily transaction report for multiple locations.

Generate Invoice for internal distribution of goods and provide valuable feedback in projecting annual budget.

Assisted in internal and external audits through sound and thorough documentation.

Balanced monthly general ledger accounts to accurately record cost and month end accruals

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