Summary
Overview
Work History
Education
Skills
Timeline
Hi, I’m

Chandrakant Tripathi

Accounts and Finance
Chandrakant Tripathi

Summary

Experienced Senior Accountant successful at cultivating effective working relationships at all levels while driving improvements to budget administration, expense tracking and forecasting of future financial needs. Proven track record of performing work ethically while maintaining integrity of all financial data. Knowledgeable senior accounting professional offering 16 years of experience in financial operations. Strategic business leader, communicator and people manager. Goal-focused Accountant with record of accurate reporting and budget management. Offering 16 years of experience handling finances for 6 locations. Processed payroll, budgets, reports, audits, journals, expenditures and payments. Diligently maintains latest training on tax regulations and legal issues impacting financial operations.

Overview

24
years of professional experience

Work History

IPC Systems

Senior Accountant - Corporate Finance
10.2023 - Current

Job overview

  • Assisted team members in transitioning to new system through extensive training and one-on-one support.
  • Diminished outstanding debts by analyzing accounts for issues.
  • Leveraged finance knowledge to strengthen controls and improve transparency.
  • Maintained integrity of general ledger and chart of accounts.
  • Reviewed accounts, resolved coding areas, and tracked recurring expenses for accrual entry.
  • Ensured regulatory compliance with GAAP standards by staying current on updates and integrating changes into accounting practices as needed.
  • Served as a key liaison between Finance and Operations teams, ensuring effective communication on budgetary matters and fostering cross-functional collaboration.
  • Reconciled accounts and created documents for monthly closure procedures.
  • Expedited payroll and invoicing by streamlining billing systems.
  • Collaborated with accounting manager to comply with governing bodies and limit regulatory risks.
  • Evaluated and improved financial records to make important business decisions.
  • Assisted in upgrade and conversion of in-house financial systems.
  • Updated general ledger with latest entries.
  • Improved cash flow management by closely monitoring receivables and implementing stricter credit policies.
  • Successfully managed multiple high-stakes projects concurrently, consistently meeting deadlines while maintaining exceptional attention to detail and quality control.
  • Tracked funds, prepared deposits and reconciled accounts.
  • Developed comprehensive budget plans for each department, collaborating closely with managers to align expenses with strategic goals.
  • Partnered with auditors to track errors and add contributions to maintain accuracy.
  • Assisted in internal and external audits by preparing necessary documentation and responding to auditor inquiries.
  • Reconciled balance sheets and streamlined best practices for balance sheet processes.
  • Reviewed budgets and communicated discrepancies to senior management.
  • Provided journal entries and performed accounting on accrual basis.
  • Reduced errors in financial statements through stringent review procedures and regular reconciliation of accounts.
  • Prepared working papers, reports and supporting documentation for audit findings.
  • Optimized month-end closing procedures by streamlining workflow processes, reducing time taken from 10 days to 5 days without compromising accuracy or detail level achieved.
  • Used accounting software to issue tax returns and prepare consolidated reports.
  • Managed quarterly and annual tax filings for the company, ensuring timely submissions and compliance with regulations.
  • Provided timely and accurate financial reporting to senior management, enabling informed decision-making based on reliable data.
  • Trained new employees on accounting principles and company procedures.
  • Developed financial models to assess and analyze financial performance of clients.
  • Liaised with clients regarding financial plans and objectives.
  • Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
  • Collected and reported monthly expense variances and explanations.
  • Prepared monthly journal entries and reconciliations.
  • Conducted technical and analytical reviews of tax returns to check for accuracy and qualified deductions.
  • Recommended strategies to expedite filing projects and annual reporting.
  • Found tax solutions to complicated tax issues or errors from incorrect tax filings.
  • Initiated comprehensive account assessments to check viability, stability, and profitability of business operations.
  • Oversaw accounting team in servicing diverse clients.
  • Strengthened internal controls by reviewing processes, identifying gaps, and proposing improvements to safeguard against fraud or mismanagement of funds.
  • Cooperated with senior leaders to create operating budgets and initiate financial planning.
  • Enhanced financial transparency by creating user-friendly dashboards that displayed key performance indicators for easy tracking and decision-making support.
  • Researched technical tax issues to define tax effect or impact of certain tax positions.
  • Maintained accurate depreciation schedules for fixed assets, coordinating with asset managers for timely recording of acquisitions or disposals.
  • Contributed significantly towards cost-saving initiatives through meticulous analysis of expenses patterns and identification of areas ripe for optimization.
  • Reviewed business operations and obligations to help organization function at acceptable level.
  • Analyzed financial statement discrepancies, identifying issues, and recommending corrective actions to prevent future occurrences.
  • Completed year-end closing processes with controllers and external auditors.
  • Compiled general ledger entries on short schedule with 100% accuracy.
  • Established strong relationships with vendors to negotiate favorable payment terms that improved working capital management.
  • Reviewed documents and accounts for discrepancies and resolved variances.
  • Coordinated with various departments to gather financial data, ensuring accurate representation of each business unit''s performance.
  • Gained extensive knowledge in data entry, analysis and reporting.
  • Gained strong leadership skills by managing projects from start to finish.
  • Identified issues, analyzed information and provided solutions to problems.
  • Used strong analytical and problem-solving skills to develop effective solutions for challenging situations.
  • Developed and maintained courteous and effective working relationships.
  • Self-motivated, with a strong sense of personal responsibility.
  • Resolved problems, improved operations and provided exceptional service.
  • Used critical thinking to break down problems, evaluate solutions and make decisions.
  • Demonstrated leadership skills in managing projects from concept to completion.

RSM Astute Consulting Private

Senior Manager - Accounting Outsourcing
05.2008 - 09.2023

Job overview

  • Leveraged finance knowledge to strengthen controls and improve transparency.
  • Reconciled accounts and created documents for monthly closure procedures.
  • Evaluated and improved financial records to make important business decisions.
  • Updated general ledger with latest entries.
  • Successfully managed multiple high-stakes projects concurrently, consistently meeting deadlines while maintaining exceptional attention to detail and quality control.
  • Partnered with auditors to track errors and add contributions to maintain accuracy.
  • Reconciled balance sheets and streamlined best practices for balance sheet processes.
  • Reviewed budgets and communicated discrepancies to senior management.
  • Prepared working papers, reports and supporting documentation for audit findings.
  • Used accounting software to issue tax returns and prepare consolidated reports.
  • Managed quarterly and annual tax filings for the company, ensuring timely submissions and compliance with regulations.
  • Provided timely and accurate financial reporting to senior management, enabling informed decision-making based on reliable data.
  • Trained new employees on accounting principles and company procedures.
  • Developed financial models to assess and analyze financial performance of clients.
  • Liaised with clients regarding financial plans and objectives.
  • Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
  • Collected and reported monthly expense variances and explanations.
  • Prepared monthly journal entries and reconciliations.
  • Conducted technical and analytical reviews of tax returns to check for accuracy and qualified deductions.
  • Recommended strategies to expedite filing projects and annual reporting.
  • Initiated comprehensive account assessments to check viability, stability, and profitability of business operations.
  • Contributed to hiring, training and development of accounting teams.
  • Identified legal tax savings and recommended ways to improve profits.
  • Oversaw accounting team in servicing diverse clients.
  • Cooperated with senior leaders to create operating budgets and initiate financial planning.
  • Strengthened internal controls by reviewing processes, identifying gaps, and proposing improvements to safeguard against fraud or mismanagement of funds.
  • Enhanced financial transparency by creating user-friendly dashboards that displayed key performance indicators for easy tracking and decision-making support.
  • Maintained accurate depreciation schedules for fixed assets, coordinating with asset managers for timely recording of acquisitions or disposals.
  • Reviewed business operations and obligations to help organization function at acceptable level.
  • Directed accounting team in timely reporting of finances for diverse client businesses.
  • Spearheaded a team of junior accountants, providing mentorship and guidance to improve efficiency and accuracy in their work.
  • Completed year-end closing processes with controllers and external auditors.
  • Compiled general ledger entries on short schedule with 100% accuracy.
  • Established strong relationships with vendors to negotiate favorable payment terms that improved working capital management.
  • Kept up-to-date with tax changes and industry trends by participating in professional organizations, opportunities, and networks.
  • Assisted team members in transitioning to new system through extensive training and one-on-one support.
  • Diminished outstanding debts by analyzing accounts for issues.
  • Reviewed accounts, resolved coding areas, and tracked recurring expenses for accrual entry.
  • Ensured regulatory compliance with GAAP standards by staying current on updates and integrating changes into accounting practices as needed.
  • Streamlined the financial reporting process by implementing new accounting software and automating tasks.
  • Coordinated with various departments to gather financial data, ensuring accurate representation of each business unit''s performance.
  • Worked well in a team setting, providing support and guidance.
  • Proven ability to develop and implement creative solutions to complex problems.
  • Paid attention to detail while completing assignments.
  • Worked flexible hours across night, weekend, and holiday shifts.
  • Exercised leadership capabilities by successfully motivating and inspiring others.
  • Organized and detail-oriented with a strong work ethic.
  • Used strong analytical and problem-solving skills to develop effective solutions for challenging situations.
  • Developed and maintained courteous and effective working relationships.
  • Self-motivated, with a strong sense of personal responsibility.

Tripathi & Associates Tax Consultants

Sole Proprietor
08.2000 - 05.2008

Job overview

  • Completed in-depth research into tax issues affecting [Type] activities to offer expert advice and accurately prepare submissions.
  • Analyzed financial documents to accurately reflect client information on tax returns.
  • Leveraged extensive knowledge of industry-specific regulations to provide tailored advice for clients in diverse sectors, such as real estate, healthcare, technology, manufacturing, and nonprofit organizations.
  • Reviewed clients tax filing papers thoroughly to determine eligibility for additional tax credits or deductions.
  • Collaborated with accounting teams to reconcile discrepancies between financial records and tax filings, ensuring accurate representation of client information.
  • Identified impactful regulations and incorporated changes to comply with new requirements.
  • Conducted reviews of internal tax documentation, reducing errors related to missed tax benefits.
  • Contacted IRS or other relevant government organizations on behalf of client to address issues related to tax self-preparation.
  • Checked data input and verified totals on forms prepared by others to detect errors in arithmetic, data entry or procedures.
  • Advised multinational corporations on cross-border transactions, optimizing global tax efficiency.
  • Developed spreadsheet models to accurately track tax information.
  • Handled business clients' requirements in special areas such as franchise taxation and federal highway use taxes.
  • Reduced clients'' tax liability through thorough research and identification of applicable deductions and credits.
  • Facilitated integration of modern tax software with client accounting software.
  • Utilized tax software to prepare returns and meet deadlines.
  • Identified potential areas of risk exposure for clients by performing thorough assessments of their financial positions, recommending appropriate mitigation strategies accordingly.
  • Prepared wide array of returns such as corporate, fiduciary, gift, individual, and private foundation returns.
  • Calculated estimated tax payments for clients.
  • Prepared detailed reports on proposed legislative changes affecting client industries, enabling proactive adjustments to business operations as needed.
  • Prepared written responses or tax return amendments to resolve state and federal notices.
  • Established strong relationships with clients through excellent communication skills and personalized service, resulting in a high retention rate.
  • Demonstrated a high level of initiative and creativity while tackling difficult tasks.
  • Identified issues, analyzed information and provided solutions to problems.
  • Proved successful working within tight deadlines and a fast-paced environment.
  • Worked flexible hours across night, weekend, and holiday shifts.

Education

Shri Chinai College of Commerce & Economics
Mumbai, India

BBA from Finance Accounting
04.2001

Skills

Oracle Financials

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Timeline

Senior Accountant - Corporate Finance

IPC Systems
10.2023 - Current

Senior Manager - Accounting Outsourcing

RSM Astute Consulting Private
05.2008 - 09.2023

Shri Chinai College of Commerce & Economics

BBA from Finance Accounting
04.2001

Sole Proprietor

Tripathi & Associates Tax Consultants
08.2000 - 05.2008

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Chandrakant TripathiAccounts and Finance