Senior Accountant
Gelato & International Catering
Total years of experience :7 years, 6 Months
Recruited to develop and implement effective audit framework throughout business group, re-structure chart of accounts and supervise migration of accounts to a latest version of ERP.
-- Developed robust Audit compliance system focused at sustained improvement of operations.
-- Enhance and implement audit plans for business process, accuracy of Customer accounts and City Ledger and General Ledger control.
-- Tested the design and effectiveness of internal controls by completing walk-through of complex business processes.
-- Planned and executed operational audits of various business areas using risk-based audit methodology.
-- Restructured Chart of Accounts and implemented a budgetary reporting system in latest ERP.
-- Audit and compliance control of General Ledger Accounts.
-- Completed regulatory, pre-implementation and risk-based audits to achieve business objectives.
-- Compilation of Audit reports and instructions for sustaining and improving efficiency of operations.
-- Assisted Finance Manager with finalization of accounts to Balance sheet, using process based audit methodology for Month-end, Quarterly and year-end close.
Notable Accomplishments:
• Exemplary Employee' recognition and appreciation by Finance Manager & Statutory Auditor for Audit controls aiding with Annual close by settlement of disputed accounts with validating documents, approvals and white paper on high risk transactions.
• Sustained smooth finalization of General Ledger and ancillary Accounts to Balance sheet by coherent Audit methodologies for month-end, Quarterly and Annual closure of books.
• Enhanced control over customer account approvals and collections by 35% and decreased errors and suspense accounts by about 70% in General Ledger.
Hired as Associate Analyst and been promoted to Senior Analyst position for managing accounts of logistics vendor for Americas focused on controlling budget variances in A/P, over charges by research and analyzing underlying factors and proposing improvements, projecting accruals.
It also reflect and involves working in close proximity with Finance team most influentially during month end close for open accounts reconciliations and month close accruals.
-- Analyzed transactions to determine accuracy and compliance.
-- Addressed and resolved non-routine, complex and unexpected variances.
-- Coordinated approval processes of all accounts payable invoices.
-- Identified operational processes inefficiencies and recommended necessary improvements.
-- Executed and reported variance and gap analysis.
-- Coordinated approval processes of all accounts payable invoices with overcharges.
-- Documented Workflow SOPs for various processes to streamline Team tasks.
-- Executed payable reporting enhancements, accrual projections and reconciliation procedures.
-- Month end close reconciliation of open accounts statements and payment reports.
-- Collaborated extensively with Finance Team during Month-end and quarterly close for accruals and waterfall reports.
Notable Accomplishments:
• 'Pinnacle Award' Rewarded for remarkable performance during a Financial Year, and being active contributor for a successful Finance Kaizen program which improved budgetary control for Americas.
• Conserved $7.6 million for successive quarters by securing discounts on overcharges by prominent vendors and conserved $7.6 million for successive quarters.
• Reduced Month-end reconciliation time for major vendors by 25% by implementing auto consolidation through VB Script in MS Excel.
• Developed automated Tools based in MS Excel, MS Access and Microsoft SharePoint 2010 to mitigate manual tasks and improvise team efficiency.
The profile of Accounts Associate & Admin. assistant was a dynamic role which required to keep keen look on books of accounts, Compilation of Cost work sheets, assisting with preparation of Final accounts and balance sheet.
It also involved interacting with internal stake holders and External parties with an objective of improvising organizational efficiency, friction free operations and functioning, and providing cost benefits for the organization.
-- Recorded and documented financial transactions.
-- Prepared Job Cost sheets for Operations.
-- Maintained Cost and budgetary control over In-house processes and activities.
-- Maintained Account receivables and Account payable at optimum.
-- Analyzed costs and revenues to project future trends.
-- Investigated and resolved discrepancies in monthly bank statements while under strict deadlines.
-- Prepared monthly and annual expense forecasts, including any necessary recommended action required to manage costs to achieve budget.
-- Assisted with preparation of Final accounts and Balance sheet.
Notable Accomplishments:
• Increased budgetary control and cost efficiency of operation by 19% from prevalent base line.
• 'Employee of the Month' award for contribution towards acquisition of new business units, a Nursing home and Diagnostic Laboratory by assisting with financial assessment and business proposal capitalization to evaluate liquidity and profitability of new ventures.
• Enhanced control over cost erosion by developing Cost sheets and streamlined overheads for varied operative activities.
Master of Business Administration -Finance major, minor in Human Resources. - Emphasis in Financial management and Business Administration
Set up and implementation of control and effective administration of Management accounting in an organization with TALLY
Bachelor of Commerce - Accounting & Commerce major, minor in Computers - Emphasis in Financial & Management accounting, with Auditing and business communication.
Diploma in Computer Applications & Multilingual DTP. Analytical Tools: MS-Office: Proficient in MS-Excel and sound knowledge of MS-Access.