Deepak Gosalia, Chartered Accountant

Plainsboro, NJ 08536 • 732-***-**** • aduagk@r.postjobfree.com

www.linkedin.com/in/deepak-gosalia

Experienced Accounting and Finance Professional

A proven leader in Accounting and Finance with an extensive experience in external reporting, preparation and review of 10K, 10Q and footnotes. Expertise in preparing consolidated financial statements involving foreign currency translations, preparation of month and year end closing. Treasury operations – Cash management, Lock box, ACH, Wire transfers, Budget reviews and variance analysis, Balance sheet analysis and Profit & Loss accounts reviews

EXPERIENCE

AMMON ANALYTICAL LABORATORIES, Linden, NJ Dec. 2013 – Aug. 2021

Finance Controller

Played major role in Company’s growth of 200% in Revenues and 300% in Net profits in three years.

Responsible for Financial Statements and year-end closing

Developed cash flows forecasts and budgets and cost cutting measures to increase profitability

Revenue recognition; Receivables and Vendor payments; Payroll and Sales Commissions.

Analyze Balance Sheet accounts and Profit & Loss Accounts for tax preparation.

Bank reconciliations; analyze credit card statements and Inter-company accounts.

ALPHION CORPORATION, Princeton, NJ Sept. 2010 – Dec. 2013

Accounting Controller

Inventory Valuation – Verifying and determining unit cost and quantities for yearend inventory.

Bank reconciliations for yearend audit

Analyze Balance Sheet accounts for yearend audit.

Reconcile Inter-company accounts with foreign entities.

Consolidated Financial Statements for year-end.

Live Nation, Inc. New York, NY Oct. 2008 – Aug. 2010

Assistant Controller

License and Royalties Accounting

Reconcile Balances with Artists accounts; inter-companies including Foreign currency translations

Month-end closings and year-end closing

Cash management, Wire transfers, ACH transactions and lock box deposits

Settlements of Artists accounts with respect to Licensing; Royalties and Tours

Deepak Gosalia, Chartered Accountant Page 2 of 2

Fedders Air-Conditioner, Inc. NJ Apr. 2008 – Oct. 2008

Accounting Manager

Consolidated Financial Statements on monthly basis

Analyze Balance sheet accounts and Profit & Loss accounts

Month-end closings and Year-end closing

Analyze inter-company out-of-balances and developing solutions to reduce out-of balances between the inter-companies

Treasury functions like lock box deposits and Wire transfers

File Bankruptcy reports and include Accounts payable and Accounts receivable reconciliation; cash flow statements.

American General Assurance Company, Neptune, NJ Sept. 2005 – Mar. 2008

SEC and Statutory Reporting and SAP User testing/implementation

Supported the filing of Annual Statements under 10K and filing requirements of annual statements with various states

Prepared work-papers for quarterly financial statements under 10Q filing requirements

Analyzed Income, Expenditure and Balance Sheet Accounts on a monthly and quarterly basis

Reported and reconciled differences to the SAP team for accurate presentation of financial statements

Validated the source data flow to various modules and reports in SAP

Developed and implemented various users testing for SAP

Reconciled premiums, commissions, mortgage and claims for different lines of business

Analyzed trends of income, expenditure accounts and determine variances and identify reasons for the variance

Determine the scope and extent of coverage in developing Inter-company process on SAP

Develop and design the process flows and charts for inter-company project on SAP

Liaison with the technical team for developing SAP inter-company process module

Validate the source data flow for various modules and reports in SAP

EDUCATION

BS Degree in Accounting, Poddar College, Bombay, India

Chartered Accountant, India

TECHNICAL SKILLS

Oracle Financial, SAP (user testing and implementation), Solomon, MAS90, QuickBooks, AIC Financial, Account Mate, One Write Plus, Peachtree, Jewel, Ace-write-up, Pro System Tax, CCH, Proficient in Excel, Word, MS Access, COGNOS, Hyperion, FRX and Crystal Reports.

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