Lokesh Ayinala
Toronto
Summary
Skilled Bookkeeping Assistant with background in maintaining financial records, preparing invoices and managing account receivables. Possess strong numerical skills, knowledge of accounting procedures and ability to work effectively under pressure. Demonstrated capability in improving efficiency by streamlining bookkeeping processes in previous roles.
Overview
5
5
years of professional experience
Work History
Bookkeeping Assistant
Williams Towing Ltd
Toronto
08.2023 - Current
- Prepared monthly performance and cost reports, including variance analysis for management review.
- Maintained accurate financial records using accounting software.
- Processed invoices and payments for timely vendor transactions.
- Assisted in preparing monthly financial statements and reports.
- Reconciled bank statements with company accounts regularly.
- Communicated with clients regarding billing inquiries and discrepancies.
- Managed filing systems for easy retrieval of financial documents.
- Maintained sales records with payment details and invoices.
- Provided customer service regarding billing inquiries.
- Prepared bank reconciliations, managed field audits and reviewed accounting records for accuracy.
- Prepared financial reports, such as balance sheets, income statements, and statement of cash flows.
- Monitored operational data and constructed basic forecasting models to enhance efficiency and reduce costs.
- Collaborated with operations and finance teams to align activities with company objectives.
- Assisted in the preparation of financial projections and analysis for business planning.
- Supported month-end and year-end close process.
Accountant
Medquest Diagnostics pvt ltd
Hyderabad
04.2021 - 03.2023
- Prepared budgets, forecasts, and financial statements to ensure accuracy in reporting.
- Conducted variance analysis to identify areas for financial improvement.
- Managed purchase orders, payables, and receivables to maintain effective cash flow.
- Developed regular management reports summarizing key financial performance indicators.
- Liaised with banks to secure necessary credit for operations.
- Compiled projections for various business purposes to support strategic planning.
- Oversaw debtor and creditor accounts to ensure timely transactions.
Internship Student
Sri Luxmi Tulasi Agro Paper Private Ltd
Chennai
09.2020 - 03.2021
- Facilitated accurate compilation and reconciliation of financial transactions across all accounts.
- Managed annual account closures, ensuring thorough ledger scrutiny and finalization of financial statements.
- Oversaw timely processing of invoices and payments for both accounts payable and receivable.
- Prepared detailed financial reports, balance sheets, and profit and loss statements for stakeholders.
- Conducted bank reconciliations to maintain precise financial records and resolve discrepancies.
Education
PG Diploma - IT in Project management
Seneca Polytechnic college
Toronto, Canada12.2024
PG Diploma - Financial Technology
Conestoga college
Toronto, Canada12.2023
MBA - Finance
Gayatri vidya parsishad college
Visakhapatnam, AP01.2020
B. Com - Accounts and Finance
Andhra University
Visakhapatnam, India01.2017
Class XII - Maths, Economics Commerce
Sri medha Junior College - State Board
Rajahmundry, India03.2014
Class X -
Prathibha Public School - State Board
Rajahmundry, India03.2012
Skills
- Financial modeling and forecasting
- Budgeting and variance analysis
- Management reporting
- Cost analysis and improvement
- Team collaboration
- Effective communication
- Critical thinking
Languages
- English
- Conversant in Hindi
- Telugu
- English
- Conversant in Hindi
Languages
English
Advanced (C1)
C1
Telugu
Native
Native
Hindi
Intermediate (B1)
B1
Affiliations
Playing Badminton and cricket
Timeline
Bookkeeping Assistant
Williams Towing Ltd
08.2023 - Current
Accountant
Medquest Diagnostics pvt ltd
04.2021 - 03.2023
Internship Student
Sri Luxmi Tulasi Agro Paper Private Ltd
09.2020 - 03.2021
PG Diploma - IT in Project management
Seneca Polytechnic college
PG Diploma - Financial Technology
Conestoga college
MBA - Finance
Gayatri vidya parsishad college
B. Com - Accounts and Finance
Andhra University
Class XII - Maths, Economics Commerce
Sri medha Junior College - State Board
Class X -
Prathibha Public School - State Board