Quickbooks online
Ankitkumar Khanna
Accounting & Finance Professional
Ankleshwar,GJ
Summary
Finance Manager managing AP, AR, general ledger, and payroll accounting across Indian and U.S. operations. Leads payment processing, vendor reconciliations, cash outflow reporting, and statutory compliance while supporting budgeting, forecasting, and audit readiness. Strengthens working capital control through accurate closes, financial reporting, and cost-saving actions.
Overview
4
4
Languages
11
11
Certifications
11
11
years of professional experience
Work History
Finance Manager
Albatross India
01.2025 - Current
- Managing full-cycle accounting for Indian and U.S. operations, including AP, AR, general ledger, and payroll accounting.
- Verified purchase orders, goods receipts, and vendor invoices to process payments in compliance with company policies and tax regulations.
- Scheduled and executed domestic and international payments via NEFT, RTGS, ACH, wire transfers, and online banking platforms.
- Reconciled vendor accounts monthly, identifying and resolving discrepancies to maintain accurate payables records.
- Collaborated with procurement and warehouse departments to match invoices with goods received and resolve discrepancies promptly.
- Implemented cost-saving initiatives through early payment discounts, vendor negotiations, and bulk settlement strategies.
- Prepared AP aging reports and cash outflow projections for Top management to optimize working capital planning.
- Supported audit activities by providing detailed AP documentation, payment trails, and vendor agreements.
- Develop and implement financial strategies to optimize organizational performance, driving profitability and reducing costs.
- Prepare monthly, quarterly, and annual financial reports, providing insights and recommendations to Top management.
- Manage budgeting, forecasting, and financial analysis to ensure financial goals are achieved.
- Ensure compliance with statutory tax laws, accounting standards, and regulatory requirements (e.g., GST, Income Tax and USA Sales Tax).
- Lead the preparation of financial statements, balance sheets, and cash flow reports, ensuring accuracy and timeliness.
- Oversee and manage working capital, monitoring accounts receivable, accounts payable, and ensuring effective liquidity management.
- Collaborate with internal teams to ensure the alignment of financial practices with business objectives and risk management strategies.
- Coordinate external audits and handle communication with auditors, ensuring timely resolution of issues.
- Implement cost-control measures to optimize company expenses without compromising quality.
Account Manager
Finoric LLC
11.2018 - 12.2024
- Performed comprehensive US accounting tasks including Sales, Purchase, and Freight entries; issued Purchase orders and monitored Credit card transactions.
- Issued and tracked purchase orders and matched them with vendor invoices and delivery receipts to ensure accuracy.
- Processed vendor payments via ACH transfers, checks, and credit cards, while adhering to U.S. accounting standards and deadlines.
- Maintained accurate financial records with timely bank entries and cash balance monitoring.
- Prepared critical financial reports including CFS, YTD, and MTD metrics; conducted monthly audits and submitted BBC ratio reports to banks.
- Streamlined vendor management, registration, and payment processes for vendors, employees, and contractors.
- Addressed Concur queries, managed equipment lists, facilitated salary advances, and handled depreciation calculations for company assets.
- Performed monthly reconciliation of AP sub-ledgers with the general ledger to ensure accounting accuracy.
- Monitored credit card transactions and ensured proper allocation of expenses to correct GL accounts and cost centers.
- Assisted in monthly and annual financial close processes, ensuring timely booking of AP accruals and expenses.
- Oversaw property tax filings, insurance policy payments, and monthly and annual finalization of balance sheets.
- Ensured compliance with state-specific sales tax return filings and managed account receivables and payables effectively.
- Facilitated vendor setup by creating W-9 forms and tax exemption certificates.
- Delivered accurate and timely monthly financial statements, completing month-end closing procedures and account reconciliations with precision.
- Conducted internal and external audits to ensure operational accuracy and compliance.
- Collaborated with domestic and international customers and vendors to foster positive relationships.
- Firm Name: Finoric LLC (Ankleshwar, Gujarat, India)
- Designation: Account Manager
- Sector: Oilfield Chemical Manufacturers
- Working Period: 19th November 2018 to 6th December 2024 (6 Year & 1 Month)
Internship – Industrial Relation and Implementation of Labour Welfare
Annie Chemie Pvt Ltd.
04.2019 - 05.2019
- Conducted research to explore the correlation between industrial relations and labour welfare policies.
- Analyzed the impact of welfare policies on employee satisfaction, productivity, and organizational growth.
- Proposed actionable strategies for enhancing employee morale and fostering a positive workplace culture.
- Collaborated with team members and management to implement findings and achieve improved operational outcomes.
- Firm Name: Annie Chemie Pvt Ltd. (Dahej, Gujarat, India)
- Sector: Chemical Manufacturing
- Working Period: April 2019 to May 2019 (2 Months)
Accountant
Shailesh I Mistry (Tax Consultant)
02.2016 - 10.2018
- Performed comprehensive Indian accounting duties, including sales, purchase, and freight entries, along with monitoring credit card transactions and maintaining cash and bank balances.
- Handled statutory compliance responsibilities such as PF and ESIC account management, TDS calculations, and balance sheet finalization.
- Prepared and filed various tax returns, including income tax, GST, VAT assessments, and professional tax filings, ensuring accuracy and timeliness.
- Conducted asset depreciation calculations and managed insurance payments.
- Analyzed financial data to support informed business decisions and identify process improvements.
- Successfully implemented new accounting software for clients, providing employee training and enhancing operational efficiency.
- Firm Name: Shailesh I Mistry (Tax Consultant), Ankleshwar, Gujarat, India
- Sector: Firm of Accounting & Taxation Works
- Working Period: February 2016 to October 2018 (2 Years and 8 Months)
Education
Diploma in Financial Accounting - Accounting And Finance
Alison Empower Yourself
04.2001 -
Master of Business Administration (MBA) -
DR. D.Y Patil University (DPU)
Pune, Maharashtra 04.2001 -
Diploma In Export & Import Management -
Indian Institute of Export (IIE)
Vadodara, Gujarat 04.2001 -
Bachelor of Commerce (B. Com) -
Maharaja Sayajirao University (MSU)
Vadodara, Gujarat10-2016
Higher Secondary Certificate (H.S.C) - Commerce
Linos School (12th Class)
Ankleshwar, India 04.2001 -
Secondary School Certificate (S.S.C) -
National High School (10th Class)
Ankleshwar, India03-2011
Skills
Accounts payable/receivable (AP/AR)
Month-end close & finalization
Financial analysis & reporting
Budgeting & cost optimization
Advanced Excel
General ledger accounting
Financial statement preparation
Cash flow forecasting
Working capital management
Audit coordination
Certification
Civil Defence Training, Government of Gujarat State
Achievements
Boosted financial reporting efficiency by 20% through the implementation of automated reconciliation tools., Cut logistics costs by 15% through strategic vendor negotiations and improved carrier selection processes., Strengthened employee satisfaction and morale via targeted engagement and motivational initiatives.
Software
Quickbooks Desktop
Tally Prime
Sap Concur
Microsoft 365
Interests
Playing Cricket, Football, Traveling and listening music
Timeline
Finance Manager
Albatross India
01.2025 - Current
Internship – Industrial Relation and Implementation of Labour Welfare
Annie Chemie Pvt Ltd.
04.2019 - 05.2019
Account Manager
Finoric LLC
11.2018 - 12.2024
Accountant
Shailesh I Mistry (Tax Consultant)
02.2016 - 10.2018
Diploma in Financial Accounting - Accounting And Finance
Alison Empower Yourself
04.2001 -
Master of Business Administration (MBA) -
DR. D.Y Patil University (DPU)
04.2001 -
Diploma In Export & Import Management -
Indian Institute of Export (IIE)
04.2001 -
Higher Secondary Certificate (H.S.C) - Commerce
Linos School (12th Class)
04.2001 -
Bachelor of Commerce (B. Com) -
Maharaja Sayajirao University (MSU)
Secondary School Certificate (S.S.C) -
National High School (10th Class)