Mary Olivia

• Preparation of Accounts payable and receivable roll forward on monthly basis
• Preparation of Accrual activities on monthly basis
• Preparation of Prepaid entries and uploading the same to Navision
• Training of New joinees on the process flow
• Providing payment status and updating the same in the daily deliverables
• Assigning the activities to the team members
• Attending monthly calls
• Providing analysis for the P&L items, in Finance and Accounts
• Preparation of Month end accruals and accounting in Navision and tally
• Training of New joinees and updating there status to the management
• Preparation of AP report
• Involved in AP invoices and review and sending the same for AP processing and payments
• Answering P&L queries
• Providing variance analysis month on month basis and quarterly
• Preparation of expenses analysis schedule
• Preparation of Credit card settlement entries and passing the JE
• Vendor reconciliation
• Balance sheet reconciliation
• Bank reconciliation statement

• Performing Journal entries against bank General Ledger (GL) for many of the transaction in bank namely, bank charges, interest received and earned, direct debit payments, and accrual of unknown debits and credits received in bank
• Checking the quality of reconciliation performed by other team members on monthly basis
• Answering bank account related queries from internal teams and external contacts.
• Answering bank account related queries from internal teams and external contacts.
• Preparation of Process flow and detailed process documentation for each process
• Certification of Recons updated in Assure net
• Preparation of reports (Status report, Expense reports, aging reports etc
• Preparing monthly reconciliation statement and reporting the same to the management
• Providing payment status and proof of payment to Editors
• Helped in transitioning the AP process from Manual to Digital database
• Billing of receivables by raising invoices against the Special sale order
• Billing of receivables by raising invoices against the Special sale order
• Preparation of Bank and credit card entries for every month and analysis
• Reconciliation of Bank and Credit card statement with the books of account
• Preparation of Edit Prepaid entries and uploading to people soft Preparation of Accounts payable and receivable roll forward on monthly basis.

JOB RESPONSIBILTIES – GENERAL LEDGER ACCOUNTING (FIXED ASSET ACCOUNTING AND LEASE ACCOUNTING)

• Calculation of Depreciation on Monthly Basis in SAP
• Preparation of Audit Schedule and Roll Forward report on quarterly basis
• Reconciliation of FA ledger v/s sub ledger book on monthly basis
• Subsidiary company account reconciliation on monthly basis
• Preparation of SOX and Non-SOX Reconciliation of REA Ledger Vs Sub ledger for various company codes and providing the variance explanations with back up on monthly basis and update the same into tracker for Managers review
• Preparation of Balance sheet comments for Variance on Monthly and quarterly basis
• Handling of Fixed asset activities like, depreciation, Asset addition, retirement and transfer process
• Intercompany asset transfer
• Resolving P&L queries
• Preparation of Call books for Audit on Quarterly Basis
• Maintenance of Prepaid and Accrual Account reconciliations
• Accrual accounting- Accounting for utilities like Electric, Gas and Water
• Preparation of Fully depreciation asset report
• Preparation of Accrual and prepaid entries posting to SAP
• Maintenance of Closed store reconciliation
• Preparation of Lease review report and analysis
• Preparation of Schedules for lease accounting according to US GAAP under ASC 840
• Contra Account clearance and reconciliation
• Preparation of Lease obligation for Current year and the projection of lease for the next 5 years and beyond
• Preparation of new lease and option report of capital lease
• Preparation of prepaid and Amortization entries
• Testing of leases for capital and operating leases
• Preparation of 10K report on Year end for Audit review
• Assiting the new joining and training them the end to end process
• Preparing of journal entries and posting is SAP