Ashish Kumar
Accountant
Ropar
Summary
Detail-oriented Accountant focused on improving company financial operations and streamlining processes using effective leadership, planning and decision-making abilities.
Overview
7
7
years of professional experience
9
9
years of post-secondary education
Work History
Sr. Analyst (Accounting and Finance)
MorSer Solutions Beyond Boundaries
Jaipur, India (Remote), Rajasthan
09.2024 - Current
- Financial Modeling: Develop and maintain complex financial models to forecast future performance, assess financial risks, and evaluate investment opportunities.
- Variance Analysis: Analyze variances between actual and budgeted financial results, identify underlying causes, and recommend corrective actions.
- Ratio Analysis: Calculate and interpret financial ratios to assess liquidity, profitability, solvency, and efficiency.
- Special Projects: Conduct ad-hoc financial analyses as needed to support business decisions.
- Monthly, Quarterly, and Annual Reports: Prepare accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.
- Regulatory Reporting: Ensure compliance with relevant financial reporting standards (e.g., GAAP, IFRS), and regulatory requirements.
- Ad-Hoc Reporting: Provide customized financial reports as requested by management or other stakeholders.
- System Implementation: Participate in the implementation and maintenance of financial systems and software.
- Process Improvement: Identify opportunities to improve financial processes and procedures to enhance efficiency and accuracy.
- Internal Controls: Ensure compliance with internal controls and financial policies.
- Financial Analysis: Provide financial analysis to support strategic decision-making, such as mergers, acquisitions, divestitures, and capital investments.
- Business Case Analysis: Develop and evaluate business cases for new initiatives or projects.
- Risk Assessment: Identify and assess financial risks, and recommend mitigation strategies.
Account Executive
PGEIN Pvt Ltd
Chandigarh, Chandigarh
3 2022 - 06.2024
- Processing Invoices: Receiving, reviewing, and verifying invoices from vendors. Matching invoices with purchase orders and receiving reports to ensure accuracy. Entering invoices into the accounting system for payment processing.
- Managing Payments: Preparing and processing electronic transfers (EFTs), wire payments, and checks to ensure timely payment of invoices. Scheduling payments based on agreed terms with vendors, ensuring that payments are made on time to avoid late fees or penalties.
- Reconciling Vendor Statements: Reconciling vendor statements with company records to ensure all invoices are accounted for and no payments are missed. Investigating and resolving discrepancies between the company's records and vendor statements.
- Handling Vendor Relationships: Communicating with vendors regarding invoice discrepancies, payment status, or missing information. Building and maintaining positive relationships with vendors to ensure smooth business operations.
- Maintaining Accurate Records: Keeping accurate and up-to-date records of all payable transactions. Filing invoices, payment records, and other documents for future reference and audit purposes.
- Expense Reports: Processing employee expense reports, ensuring proper approval, and adherence to company policies. Verifying and reimbursing business-related travel, meals, and other expenses in line with company guidelines.
- Accounts Payable Ledger Maintenance: Maintaining the accounts payable ledger by posting transactions and ensuring the accuracy of the general ledger. Keeping track of all payments and expenditures, including payroll, purchase orders, invoices, and statements.
- Month-End Closing: Assisting with month-end closing by ensuring all payments, invoices, and related transactions are recorded and reconciled. Preparing reports for management, such as aging reports, to show outstanding payments.
- Tax Compliance: Assisting with tax-related tasks by ensuring vendors provide the required tax forms, such as W-9s, for U.S.-based vendors.
- Audits and Reporting: Assisting with internal and external audits by providing accurate records and supporting documentation for all transactions. Preparing various reports for management, such as cash disbursement reports, outstanding payment reports, and vendor analysis.
- Automation and System Management: Utilizing accounting software to process payments efficiently and accurately. Implementing and managing accounts payable automation tools to streamline processes, reduce manual entry, and increase accuracy.
- Handling Prepaid Expenses and Accruals: Recording and managing prepaid expenses, ensuring they are properly accounted for over time. Accruing expenses that have been incurred, but not yet billed or paid.
Senior Accountant
Kiran Foreign Trade Pvt Ltd
Mohali, Punjab
12.2018 - 11.2021
- Financial Reporting and Analysis: Preparing and reviewing financial statements, such as balance sheets, income statements, and cash flow statements. Analyzing financial data to provide insights and recommendations for business decisions. Ensuring compliance with accounting standards and regulations (e.g., GAAP, IFRS).
- Managing General Ledger: Overseeing and maintaining the accuracy of the general ledger. Reconciling accounts, investigating discrepancies, and ensuring data integrity.
- Month-End and Year-End Close: Leading the month-end and year-end closing processes, ensuring timely and accurate completion. Reviewing journal entries, accruals, and adjusting entries. Preparing and reconciling trial balances for reporting.
- Supervision of Accounting Staff: Supervising junior accountants, bookkeepers, and clerks. Providing guidance and support, reviewing their work, and ensuring proper training on accounting principles.
- Tax Compliance and Preparation: Ensuring compliance with tax regulations and assisting with tax filing. Preparing tax returns and working with tax professionals to optimize tax liabilities, like GST Reconciliation; preparing GST Return in Workflow Max; preparing Tax Return in Workflow Max; preparing Tax return (Trust, Company); and filing GST Return (New Zealand).
- Cash Flow Management: Monitoring and managing the company's cash flow, ensuring liquidity and proper allocation of resources. Forecasting future cash needs and working with treasury teams.
Account Executive
Global Business Services
Balongi,Mohali, Punjab
10.2017 - 11.2018
- Recording Financial Transactions: Accurately recording daily financial transactions, including sales, purchases, receipts, and payments.
- Managing Accounts Payable and Receivable: Keeping track of bills and invoices, ensuring timely payments and collections, and maintaining records of outstanding balances.
- Bank Reconciliation: Comparing the company's books with bank statements to ensure consistency and accuracy, detecting any discrepancies.
- Maintaining the General Ledger: Updating and maintaining the general ledger, which includes recording all transactions and ensuring the accounts balance.
- Payroll Processing: Managing payroll by calculating employee wages, withholding taxes, and ensuring employees are paid accurately and on time.
- Data Entry and System Updates: Maintaining financial data entry accuracy in accounting software and keeping up with new financial systems and tools.
- Tax Filing Assistance: Organizing financial records to ensure they are tax compliant, and assisting with tax preparation and filing.
Education
MBA - Finance & International Business
Lovely Professional University
Phagwara, India 04.2020 - Current
Bachelor of Commerce - Financial Accounting
Punjabi University, Patiala
Patiala, India 03.2015 - 08.2017
12th - Commerce
D.A.V. Public Sr. Sec. School
Ropar, India 03.2013 - 03.2014
10th - Science, Commerce, And Arts
Govt. Sr. Sec. School
Naggal Sirsa 03.2011 - 03.2012
Skills
Leadership Skills
Languages
English
Advanced (C1)
Hindi
Advanced (C1)
Punjabi
Bilingual or Proficient (C2)
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline
Sr. Analyst (Accounting and Finance)
MorSer Solutions Beyond Boundaries
09.2024 - Current
MBA - Finance & International Business
Lovely Professional University
04.2020 - Current
Senior Accountant
Kiran Foreign Trade Pvt Ltd
12.2018 - 11.2021
Account Executive
Global Business Services
10.2017 - 11.2018
Bachelor of Commerce - Financial Accounting
Punjabi University, Patiala
03.2015 - 08.2017
12th - Commerce
D.A.V. Public Sr. Sec. School
03.2013 - 03.2014
10th - Science, Commerce, And Arts
Govt. Sr. Sec. School
03.2011 - 03.2012
Account Executive
PGEIN Pvt Ltd
3 2022 - 06.2024
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