Financial Analyst Balance Sheet

KISHORE (Krist) C. THAKKAR

** **** ******, ***** #**, Woburn, Ma 01801. 781-***-****. http://www.linkedin.com/in/thakkarkc. ***********@*****.***

Mission and Vision statement:

Proven financial analyst with a track record of providing financial forecasting, modeling, and leadership to complex

Business operations. Seasoned finance expert, with a history of developing and implementing effective models to turn

Financial data into actionable business intelligence. Communicative team player, skilled at cross-functional collaboration

In a culture of accurate modeling, streamlined reporting, detail-driven staff development, and accountability.

PROFESSIONAL SKILLS:

Extensive knowledge of Microsoft Word, Excel & Outlook, SAP,, Oracle 11I, and R12, Hyperion Pillar Budgeting, MS 365, Concur T&E App.

Corporate level accounting experience, strong technical GAAP, IFRS accounting, Government Contacts with DoD & leadership skills

A self-starter with exceptional communication and interpersonal skills, SOX compliance skills & ASC 606 Revenue Recognition standard.

Strong reconciliation skills and solid knowledge of general accounting principles with Process Improvements.

Flexible to respond quickly and positively to shifting demands and priorities.

Detailed oriented, self-motivated, and can follow up in a timely manner, with minimal supervision. Mentored and trained junior staff as needed.

Aspen Technology - Senior Business Analyst – Bedford – Consultant from (Akkodis) - Jul 2023 – Dec 2023.

National Grid – Senior Financial Analyst – Waltham – Consultant from (Akkodis) - Aug 2021 – Feb 2023.

Support budgeting and forecasting for an IT organization of $300m budget; Work with finance business and other FP&A teams to meet company-wide financial and strategic objectives.

Analyze financial data and provide forecasting support; Prepare reports and projections based on financial data, including budgets with Government Contracts with DoD, models, and associated documents.

Support continued step-change to improve plan to perform process while maintaining necessary SOX requirements, deferred revenue.

Analysis of fluctuations in expenses, accruals, and prepaid and critical balance sheet accounts with Annual budget for about $118m.

Collaborate with Finance Business Partnering to develop, drive, and challenge business assumptions that are critical to businesses’ short-term results and long-term strategy.

Responsibilities related to the monthly and quarterly close, working closely with Corporate Finance Business Partners team members as well as Cost Center Owners and Project Managers.

Produced and Distributed Month End reports; ASC 606, reconciled reports with Finance Business Partners for US and UK entity with Monthly Commentary on Analysis.

Resolved complex invoice discrepancies by researching PO’s status and acquiring invoice approvals in a timely manner.

Attended all monthly Finance Review calls with our Cross Functional Business Partners and stakeholders to resolve issues with Process Improvements.

Coordinated with supervisor to improve the efficiency of the department and meet all deadlines for Accruals, Prepaid and Reclass of Journal Entries.

Extensive interaction with P2P (procure to pay) Department and Vendor Management regarding quantity and pricing issues in SAP.

Maintained reporting schedules and assisted with requests as needed to support year end audit work.

Completed various ad-hoc accounting/finance projects.

American Tower Corporation – Senior Accountant – Financial Reporting. – Technical Accounting, - Woburn MA-02 2021- 06 2021.

IXYS Integrated Circuit Division – Littelfuse – Senior Staff Accountant – AP Supervisor – Beverly, Ma. Aug 2018- Oct 2020.

Supervised monthly close activities such as preparing journal entries, reconciling balance sheet and P&L accounts, and performing analytical reviews,

Managed and review work of accountants covering areas such as expense accruals, fixed assets on Oracle R12.

Improve and build appropriate systems and processes to facilitate timely and accurate closing of monthly financial statements.

Support the external reporting process, coordinating with the external reporting team to ensure that key inputs are provided timel with Government Contacts with DoD.

Run scenario analyses and other ad-hoc requests to support investment decisions and prospective rate filings, Collaborate with the FP&A team regarding budgets and business plans for the consolidated Financial Statement for stakeholders, implemented Concur T&E system with Oracle R12.

Assisting with quarterly review and annual financial statement audit preparation, helping to ensure that high-quality financial information and documentation is created and easily accessible with monthly flux analysis.

Managed Revenue Recognition, Fixed assets depreciation schedule, Cash Flow Analysis, Financial Analysis, & Budgeting.

Coordinate and manage the resolution of significant matters as part of the annual audit and quarterly reviews conducted by independent accountants with Intercompany transaction for GMBH – EMEA – SOUTHEAST and Germany.

Supervised accounting functions including maintenance of general ledger, accounts payable, and project accounting; ensures accuracy.

Participating in process improvement activities including enhancing current financial processes, and leverage technology to increase effectiveness.

Cambridge Innovation Center – Senior Project Accountant- Boston – Ma. Mar- July 2018

• Prepared month-end journal entries and completed account reconciliations QuickBooks Enterprise.

• Analyzed of fluctuations in expenses, accruals, and prepaid and critical balance sheet accounts.

• Summarizes financial status and preparing financial statements for management and GAAP reporting.

• Maintained schedules and assisted with requests as needed to support year end audit work.

• Prepared sales/use tax returns for multiple states.

Madison Security Group – Senior Staff Accountant. Lowell, Ma May 2017-Feb 2018

Prepared financial statements and analyze variances on Intacct ERP system.

Managed Revenue Recognition, Fixed assets depreciation schedule, Cash Flow Analysis, Financial Analysis, & Budgeting.

Review cash entries and payables posted by the AR and AP Clerks. Collaborate with Finance Business Partnering to 1. Develop, drive and challenge business assumptions that are critical to each relevant businesses or group in respect of short-term results and longer-term strategy 2. Run scenario analyses and other ad-hoc requests for key investment decisions, prospective rate filings, etc.

Research accounting standards and regulations, prepare memos, and implement changes as necessary to maintain compliance with US GAAP and other regulations with monthly flux analysis.

Prepared reports by collecting, analyzing, and summarizing operational data.

Responsibilities related to the monthly and quarterly close, work closely with Corporate Accounting team members as well as Finance, Tax, Treasury and Human Resources.

Lightower Fiber Network – ONS Cash Management Specialist - Boxborough, Ma Dec 2015- Oct 2016

American Tower Corporation - A/P Control Coordinator. - Woburn, MA June 2011 – Dec 2015

Manage Early Pay Vendor Program ($40m) with total discount saving of over $1.5m in 2014 (Projected $900k for 2014).

Supervise Utility Portfolio ($30m) for making payment to Utility & Telecom companies for over 29,000 tower sites with saving of $20k in late payment and late fee. Manage Outsource AP partner portfolio with process improvements.

Working very closely with AP Coordinator, Project Manager and Vendors to facilitate the timely resolution of outstanding transactions, invoice holds and payment issues.

Research and resolve discrepancies related to quantity and quality of products ordered versus quantity and quality received. Streamlined processes, implemented new technologies, cut costs.

Resolve complex invoice discrepancies by researching POs and PO holds and acquiring invoice approvals in a timely manner.

P card charges processing for over 140 Employees from Excel spreadsheet to Oracle 11i with improvement in processing to reduce data entry.

Oversee the matching, coding, auditing, and entering of 150 invoices on Oracle 11i.

Developed, recommended, document and implemented departmental policies, procedures, and processes for internal AP portfolio. Department goes above and beyond to provide excellent customer service.

Developed procedures for handling corporate accounts payable, maintain vendor W-9 file, 1099 reporting, sales & use tax.

EDUCATION:

B.S. in Financial Accounting. University of Bombay - Bombay, India

Associates Degree in Financial Accounting. New England College of Finance – Boston, MA

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