LAKSHMI R SHENOY
Finance and Accounting Associate
Ernakulam
Summary
Detail-oriented and experienced Accountant with extensive knowledge of handling and documenting financial transactions in accordance with company policies and industry standards. Skilled in maintaining accounts, processing accounts payable and receivable, managing invoices, and overseeing payroll. Proven ability to provide excellent customer service, demonstrate strong organizational skills, and communicate effectively with clients and team members. Knowledgeable about accounting software of QuickBooks, Tally, ZohoBooks and MS Office to support accurate financial reporting and decision-making.
Overview
6
6
years of professional experience
9
9
years of post-secondary education
1
1
Certification
3
3
Languages
Work History
Finance and Accounting Associate
MindLabs Consultancy Services LLP
02.2021 - Current
- Prepared monthly, quarterly, and annual financial statements in compliance with Generally Accepted Accounting Principles (GAAP).
- Generated management reports, including profit and loss statements, balance sheets, and cash flow statements, for Top management review.
- Assisted in budget preparation, financial forecasting, and performance monitoring, providing detailed variance analysis.
- Managed accounts payable functions, including invoice processing, payment disbursement, and vendor reconciliation.
- Oversaw accounts receivable operations, including invoice generation, payment collection, and customer account reconciliation.
- Facilitated the month-end closing process, ensuring timely completion and accurate financial statements.
- Maintained payroll records and processed payroll, ensuring timely and accurate employee compensation.
- Streamlined bank reconciliation processes, resulting in increased efficiency and reduced errors in cash management activities.
- Conducted financial analysis to provide insights and support business decision-making.
- Utilized accounting software (e.g., QuickBooks, Tally, Zoho Books) for efficient financial management and reporting.
- Optimized tax filing procedures to maximize deductions and minimize liabilities for the organization.
- Contributed to successful external audit outcomes through diligent preparation of required materials and clear communication with auditors.
- Reconciled physical inventory counts with system records to identify and resolve discrepancies.
- Managed financial operations for multiple sister companies: Kalamkaari Looms Private Limited (Handloom Studio), Sreemuruka Movies (Theatre), and Monsoon Getaways LLP (Travel Agency), ensuring consistency across operations.
Management Trainee in Accounting and Business Support Division
ASA and Associates LLP
03.2019 - 02.2021
- Accurately recorded financial transactions in the accounting system to maintain up-to-date financial data.
- Maintained and updated general ledgers, journals, and other financial records to ensure accurate reporting.
- Ensured timely and precise data entry for all financial transactions to support reporting requirements.
- Conducted monthly bank reconciliations, resolving discrepancies and ensuring consistency with financial records.
- Prepared financial statements, including balance sheets, income statements, and cash flow reports, for management review.
- Filed tax returns in compliance with federal, state, and local regulations, ensuring accuracy and timeliness.
- Monitored and categorized expenses, maintaining accurate records for budgeting and reporting purposes.
- Assisted with tax and stock audits by preparing documentation and responding to auditor inquiries.
- Developed problem-solving abilities through hands-on experience with real-life business scenarios.
Education
Bachelors of Commerce - Finance And Tax
Mahatma Gandhi University
Kottayam, Kerala 06.2016 - 03.2018
Master of commerce - Finance And Tax
Mahatma Gandhi University
Kottayam, Kerala 06.2018 - Current
CMA U.S -
Lakshya Indian Institute of Commerce
07.2024 - Current
Skills
Bank reconciliation
Accounts receivable
Tax/VAT preparation
Accounts payable
Microsoft Office expertise
Cash flow management
Accounting and bookkeeping
Financial statement preparation
Time management
Problem-solving abilities
Multitasking
Excellent communication
Personal Information
- Date of Birth: 25/12/1997
- Nationality: Indian
Hobbies
Stock market, Travelling, Reading, Photography.
Certification
Certified in Computer Concepts and Data Entry, National Institute of Electronics and Information Technology
Timeline
CMA U.S -
Lakshya Indian Institute of Commerce
07.2024 - Current
Finance and Accounting Associate
MindLabs Consultancy Services LLP
02.2021 - Current
Management Trainee in Accounting and Business Support Division
ASA and Associates LLP
03.2019 - 02.2021
Master of commerce - Finance And Tax
Mahatma Gandhi University
06.2018 - Current
Bachelors of Commerce - Finance And Tax
Mahatma Gandhi University
06.2016 - 03.2018
Certified in Computer Concepts and Data Entry, National Institute of Electronics and Information Technology
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