SUMMARY:

• Prepared and analyzed Financial Statements (United States GAAP based) and other related schedules and reports and consolidated intercompany accounts as and when required by bankers, auditors, lawyers, owners etc
• Reviewed and reconciled balance sheet, intercompany transactions, expense allocation, etc. in regular basis (weekly, monthly etc)
• Reconciled Financial Statements accounts, researched and reconciled discrepancy if any
• Designed, modified, and maintained accounting system (GP, Management Reporter) to ensure adequate recognition of financial transactions
• Prepared the company’s budget, reviewed the performance in monthly basis and prepared the variance analysis report for management review
• Compiled, reviewed, analyzed, and recorded financial information to the general ledger, finalizing month - end close and year end close as per distributed timetable
• Developed and documented business processes and accounting policies to maintain and strengthen internal controls
• Reported to CFO and supervised and trained accounts receivable and accounts payable personnel
• Participated in review & formulation of management policies, procedures and strategies, communicated with management and monitored the implementation to ensure the compliance of policies and regulations
• Managed and maintained credit policy of the company. Reviewed customer credit application, researched credit worthiness of the applicant and suggested CFO for appropriate credit approval
• Maintained vendor accounts properly, reviewed and reconciled all the outstanding items and ensured that all approved outstanding amounts are paid timely
• Reviewed and evaluated current and future cash requirements

SKILL:

Bookkeeping Software: Great Plains, Intacct, QuickBooks, Peachtree, knowledge of SAP FICO

Microsoft Office: Word, Excel (with pivot table), Access, PowerPoint presentation

Operating Systems: macOS, Windows

PROFESSIONAL EXPERIENCE:

Confidential, NJ

Controller- DataMentors

Responsibilities:

• Prepared and analyzed Financial Statements (United States GAAP based) and other related schedules and reports and consolidated intercompany accounts as and when required by bankers, auditors, lawyers, owners etc
• Reviewed and reconciled balance sheet, intercompany transactions, expense allocation, etc. in regular basis (weekly, monthly etc)
• Reconciled Financial Statements accounts, researched and reconciled discrepancy if any
• Designed, modified, and maintained accounting system (GP, Management Reporter) to ensure adequate recognition of financial transactions
• Prepared the company’s budget, reviewed the performance in monthly basis and prepared the variance analysis report for management review
• Compiled, reviewed, analyzed, and recorded financial information to the general ledger, finalizing month-end close and year end close as per distributed timetable
• Developed and documented business processes and accounting policies to maintain and strengthen internal controls
• Reported to CFO and supervised and trained accounts receivable and accounts payable personnel
• Participated in review & formulation of management policies, procedures and strategies, communicated with management and monitored the implementation to ensure the compliance of policies and regulations
• Managed and maintained credit policy of the company. Reviewed customer credit application, researched credit worthiness of the applicant and suggested CFO for appropriate credit approval
• Maintained vendor accounts properly, reviewed and reconciled all the outstanding items and ensured that all approved outstanding amounts are paid timely
• Reviewed and evaluated current and future cash requirements
• Advised cash management, performance management and related issues with senior management
• Verified the sales commission in monthly basis with sales and collection, by meeting with sales people each month for consultation
• Analyzed the risk of the contingency matters including financial data and recommended to the senior management as needed
• Coordinated with financial auditors and reviewed questionnaires, responded them in timely manner and ensured all audit recommendations are implementedFederal & State compliance reporting
• Reported Multi State Franchise Tax to the state tax
• Prepared and mailed Form 1099 to vendors and mailed 1096 to IRS
• Prepared other Federal and State documents and reported when required

Finance Controller

Responsibilities:

• Prepared balance sheet, profit and loss statements, cash flows and other accounting schedules and reports in accordance with US GAAP
• Prepared year end schedules for auditing purpose, verified and approved accruals and deferrals entries in monthly basis
• Met accounting financial standards by providing monthly/quarterly/annual budget information
• Monitored expenditures, identified variances, reported about under/over absorption and implemented corrective actions
• Oversaw monthly reconciliation of balance sheet items including banks and the major expense heads, to ensure general ledger account information is accurate, consistent, traceable, and auditable
• Forecasted daily/weekly cash flow for maintaining the liquidity of the organization for smooth functioning
• Met accounting operational standards by contributing financial information to strategic plans and reviewed and implemented production, productivity and quality to identify system improvements
• Oversaw periodically the maintenance of fixed assets register, made journal entries during sales or disposal of fixed assets, and booked the profit or loss in accordance with GAAP
• Calculated Debt/Equity ratio to determine whether to purchase or to lease the fixed assets whenever necessary
• Analyzed various financial ratios, ROI, NPV etc as a tool of financial planning
• Oversaw the calculation of monthly sales commission, proper issuance of checks, 1099’s and wire transfers
• Managed and Oversaw the Accounts receivable, Accounts Payable, Payroll with ADP and reconciled them periodically
• Prepared consolidated financial statements, maintained intercompany elimination in proper manner and presented to auditor for final review
• Trained and supervised accounting staffs with accounting systems, procedures and practices of the organization
• Oversaw the operations of Finance & Accounting department, including recruiting new hire when needed
• Oversaw reconciliation of inventory every week to match with supplier’s invoices, sales records and warehouse records from the head office

Senior Accountant

Responsibilities:

• Prepared financial statements and related schedules, month end close and year end close and estimation of revenue recognition.
• Assisted in external audit, preparing work paper documentation as needed.
• Prepared monthly, quarterly, and annual financial statement, budget preparation and monitor performance evaluation based on established norms.
• Performed ad-hoc analysis and other special projects at request of v. president.
• Prepared federal, state, and local tax returns. Reconcile bank accounts, general ledger, and G&A operating budgets.
• Maintained the supporting schedules for prepaid, accruals, depreciation and deferred revenue and update in the system.
• Prepared Financial Statements and related reports as and when required by administrators, owners, auditors or government (like IRS) in accordance with GAAP
• Responsible for maintaining A/P function from matching PO’s w/invoices, entering and reviewing invoices for accuracy through timely payment to vendors
• Managed the tax responsibilities including the payroll tax liabilities, various state tax return preparation and filing and dealt with IRS regarding old tax issues re settlement.
• Manage and Oversee the Payroll with Paycheck, update the employees periodicals review, and follow up Accounts receivables and payment to vendors in due date.

Audit Manager

Responsibilities:

• Planned and monitored audit analysis and internal control systems, identified and developed audit strategies, planned and prepared audit planning
• Implemented accounting system in non-profit organizations and business entities
• Planned and monitored audit analysis and evaluated internal controls and systems
• Built up professional rapport and relationships with members of management and staff
• Identified, developed, and improved the audit strategies of the client
• Discussed audit observations, negotiations, and settlement conflicts with clients
• Planned, prepared and managed audit programs independently
• Conducted statutory and internal audit of government companies, partnership firms, hotel industries, co-operative societies, manufacturing, and trading companies
• Demonstrated ability to manage audit teams, discussed audit observations with the management to provide guidance to clients
• Executed tax, value added tax, audits and certification services
• Conducted and organized various training and personality development programs for staff

Finance Manager

Responsibilities:

• Prepared financial statements and related schedules and reported to management and auditors
• Prepared cash flow projections, annual-quarter-month end budget, variance analysis and implemented budget and reported intrinsic value to central bank in yearly basis
• Conducted specific studies and prepared recommendations for new and alternative policies, procedures and financial control
• Prepared product costing every quarter as per management instructions and supervised two subsidiary companies and trained to subordinates
• Reviewed and provided guidance in development and up gradation of accounting methods, policies, and procedures
• Successfully reconciled accounts receivable sub-ledgers with control accounts
• Supported external and internal audit by preparing financial statements and related schedules
• Worked effectively in highly regulated environment and communicated with shareholders, auditors and tax authorities. The achievement includes tax savings of approx. 1.8 million with the Gov. of Nepal through settlement