Staff Accountant

Abid Majid

Fresh Meadows, NY *****, USA 929-***-**** *************@*****.***

Linked Profile link: https://www.linkedin.com/in/abid-majid-542b0b8a

BRIEF EXPERIENCE SUMMARY:

I am currently seeking a permanent position in the Accounting or Audit department and am open to remote, on-site, and hybrid work arrangements.

I am a dedicated accounting, audit and tax professional with several years of diverse experience in the below areas:

- Lease/capital asset accounting (fixed assets); including capital/revenue expense allocation and controllership.

-General ledger accounting such as reconciliations, journals such as inter-co, FX, accruals, deferrals, corrections entries, invoice coding and creation of various reports as needed

-Bookkeeping, accounts payable, accounts receivable and finalization of accounts; including individual tax preparation (India).

-Investment accounting such as end to end accounting for ESOPs, creation of Debt Amortization schedules, accounting for Treasury & Common Stock, reconciliations and variance analysis.

-Audit experience; which also included close to a year with the Big 4. The experience also included SOC-1 audit.

-Above experience was with major corporations including Lowe's Home Improvement, Capgemini, EXL Services, and Ernst & Young.

-Exhaustive work experience is available on second page of the resume.

ACADEMIC BACKGROUND:

MBA, University Canada West

2023 (2022-2023), Vancouver, Canada

GPA: 3.5

Bachelors in Accounting, Finance & Marketing

Baldwin Methodist College, 2006, Bangalore, India

Graduated with First-Class Honors

Certifications:

oSelf-paced online certification in SQL, Power BI and Power Query. Currently studying MS VBA.

oIFRS workshop conducted by KPMG

Other Academic Knowledge:

oGood knowledge of US GAAP & IFRS as I had attempted US CPA while working for EY.

oSound understanding of Budget, Forecasts & Cashflows; and knowledge of financial instruments such as Fixed Income & Derivatives

IT SKILLs:

Online Certifications: SQL Server, Power BI and Power Query.

Basic understanding of VBA: Collaborated with IT team in automation using VBA.

ERP Systems: SAGE, Tally, PeopleSoft, SAP. Academic understanding of QuickBooks.

Advanced Excel: Proficient in dynamic operational models, what-if analysis, index-match, conditional formatting, and pivot tables

AI Tools: Experience using AI prompts (ChatGPT) for advanced Excel functions such as nested functions.

Digital Audit Tools: EY GAM

ACHIEVEMENT & PROCESS IMPROVEMENTS:

International Representation: Represented India at the World Youth Games in Chess, showcasing strategic thinking and competitive spirit.

Athletic Achievement: Secured a Silver Medal in Judo at the inter-collegiate level, demonstrating discipline and perseverance.

Financial Acumen: Proposed enhancements for US GAAP implementation, accepted by management.

Process Improvement: Led transition from manual to online Accounts Payable/Accounts Receivable systems, enhancing efficiency.

Cost Reduction Initiatives: Developed VBA solutions with IT team, resulting in significant cost reductions.

System Automation: Streamlined parking system processes via Excel automation.

Continuous Learning: Committed to professional development, upskilling in Advanced Excel, SQL Server and Power BI.

Work History: AUDIT & TAX

Advanced Associate, 09/2014 - 08/2015 (Contract)

EY (formerly Ernst & Young) – Bangalore, India

Performed audit functions for investment banks in asset management using agreed upon procedures.

Was part of the pilot team which was working on SOC-1 reporting where we worked on Random Sampling & subsequent Testing procedures.

All the audits were done on Major US Investment Banks

Intern, 04/2008 - 09/2011 (Internship)

J Sudarshan & Co – Bangalore, India

Filed client tax returns and prepared accounts using MS Office and Tally

Conducted audits, ensuring compliance with statutory requirements

Work History: ACCOUNTING

Accountant 04/2022 - 05/2024

Intersoft Data Labs & Solutions Pvt Ltd – India (REMOTE-PART TIME)

Managed invoice coding, including credit card expenses, and posting in SAGE

Conducted cheque runs and EFT payments

Performed reconciliations and month-end reporting

Handled Accounts Receivable functions, ensuring timely payment recording

Collaborated with company CPA on journal postings and adjustments

Staff Accountant, 12/2020 - 12/2021

Lowes Home Improvement (CANADA OPERATIONS) – Bangalore, India

Controlled capital expenditures, ensuring correct expense booking

Handled fixed asset accounting, including additions and retirements

Managed accrual processes with reporting and stakeholder communication

Prepared variance analysis reports for capital accruals

Conducted general ledger work, including reconciliations and journal entries

Senior Accountant, 11/2017 - 11/2020

EXL Services – Bangalore, India

Successfully transitioned accounting project from the U.S. to India

Mentored team members in fixed asset accounting per US GAAP

Managed accounting and reporting for employee stock options, Treasury & Common Stock

Inter-Co Entries & Debt Amortization. Various other General Ledger journals as was required.

Prepared variance analysis and bank reconciliations

Senior Accountant, 10/2015 - 01/2017

Capgemini – Bangalore, India

Executed monthly bank, payroll and accrual reconciliations.

Collaborated on invoice coding with Accounts Payable and FP&A teams

Prepared T&E reports and trained team members on report preparation

Journals such as Inter-Co entries, FX entries, prepaid, accruals & deferrals.

Advanced Associate, 10/2011 - 11/2013

A Husain & Co – Bangalore, India

Managed full cycle accounts payable and general ledger accounting

Prepared month-end reports and handled various ad-hoc tasks

REFERRENCES:

Available upon request

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