Rakesh GK

AP: -

• Working on ERPs starting with the processing of bills to fixing of sync errors.
• Downloading the invoice copies/credit notes from varies vendor platforms and accounting the exact expenses which are spent for the period.
• Requesting the statement from the vendors and reconciling the balances.
• Preparing and submitting various reports to management such as unapproved bills report, vendor payable report etc.
• Vendor management (creation, updating and ACH setup for smooth payments to vendor)
• Preparing vendor wise 1099 details, validating the details with W9 from received, payment register that amount paid during the year under respective reportable financial year and submitting final data with 1099 team.
• Review of daily processed AP Bills, uncashed checks, returned checks, failed e- payments, collecting W9’s and meetings US clients in Microsoft teams.
• Reviewing and approving employee expense reports in Nexonia where Employee uses to submit their expenses for reimbursement.
• Effectively handling the client emails ensuring necessary action has been taken within given time.

AR: -

• Recording customer invoices.
• Reconciling the balance with the merchant A/c and Books.
• Performing cash applications & bank reconciliations on a weekly basis and submitting weekly cash forecast to management.

Month-end Activities : -

• Involving in month closure activities, prepares and records post-closing journal entries.
• Perform all Fixed Assets end to end process like assets creation, depreciation calculation, depreciation true up or true down entries for sold assets, monthly depreciation entries creation, posting and year end reconciliation.
• Reconciliation of P&L income and expenditure ledger, intercompany reconciliation, manage and execute monthly analysis and reconciliations of balance sheet accounts, analyses financial information, prepares reports and verifies accuracy.
• Preparation of Prepaid schedule for various prepaid payments for various cost center, classification of OpEx and CapEx in complies with reportorial standards set by policy ex (IFRS, US GAAP, SLA).
• Perform preliminary variance analysis and research and resolve errors relating to misallocation or under allocation of accruals and prepaid entries and preparation of correction entries.
• Preparation of monthly MIS and P&L reconciliation and Balance sheet reconciliation in accordance with standards and finance manual policy.
• Trained and supported new team members, maintaining culture of collaboration.

• Implemented process improvements that led to significant time savings and increased accuracy in deliverables (Successfully implemented Plate IQ cloud-based accounts payable automation platform) it reduced 50% of time in invoice processing
• Collaborated with cross-functional teams to drive successful completion of complex projects within deadlines.

Accounts Payable - Invoice Processing (PO and Non PO Based), Cash Application, Expense Reimbursement Validation and Approving, Vendor Management, Vendor Queries Handling, Month End Support - Reconciliation, Schedules Preparations.

• Supported month-end closing process by preparing journal entries, account reconciliations, and variance analysis reports.
• Established effective communication channels with vendors and customers to resolve outstanding issues timely manner.
• Conducted regular reviews of fixed asset records, ensuring proper depreciation calculations and accurate recordkeeping.
• Reconciled account information and reported figures in general ledger by comparing to bank account statement each month.
• Reviewed accounts, resolved coding areas, and tracked recurring expenses for accrual entry.
• Provided journal entries and performed accounting on accrual basis.
• Prepared working papers, reports and supporting documentation for audit findings.
• Collected and reported monthly expense variances and explanations.
• Improved financial accuracy by performing detailed account reconciliations and resolving discrepancies.
• Managed cash flow effectively by monitoring daily transactions reconciling bank accounts regularly.
• Increased efficiency in accounts payable and receivable management, reducing processing time and minimizing errors.

• TDS Returns, GST Returns, PT, ESI, PF, Advance Tax Computation and payments, ROC filing.
• Preparation and Filing of Income Tax Returns of Individual, Partnership Firms and Companies.
• MSME Certification, Net Worth Certification, 15CA and 15CB filing etc
• Compliance with requirement of Schedule III of the Companies Act, 2013.
• Preparation of financial statements (Profit and Loss Account, Balance sheet and Notes on account)
• Compliance with Accounting Standards.
• Drafting Audit Reports as per the new reporting requirements of Companies Audit Report Order, 2016 (CARO).