RICHARD ISSAC
Bengaluru
Summary
Finance professional with 2+ years of experience in accounting, financial reporting, specializing in US GAAP compliance including ASC 842, ASC 606 and GASB 96.
Expertise in managing accounts payable process, ensuring timely accurate payments and optimizing cash flow.
Overview
3
3
years of professional experience
Work History
Senior Associate, Financial Consulting
RSM US LLP
Bengaluru
05.2024 - Current
- Implement new accounting standards and ensure proper adoption across the organization.
- Prepare amortization schedules to determine ROU asset and lease liability.
- Prepare disclosures and deliverables ensuring compliance with FASB standards.
- Review and analyze customer contracts to determine appropriate revenue recognition in compliance with ASC 606.
- Prepare financial statements in accordance with US GAAP, including the balance sheet and income statement.
Associate 2, Financial Consulting
RSM US LLP
Bengaluru
03.2022 - 04.2024
- Managed accounts payable for a well-known, globally franchised restaurant chain with thousands of locations across United Kingdom and Ireland.
- Assist in month-end and year-end closing processes, including AP accruals and account reconciliations.
- Review and approve invoices, ensuring accuracy and timely payment.
- Trained team members on new systems, policies, or processes introduced during the project.
- Analysis and reconciliation of rent payments and other variable charges from client’s leasing database.
- Communicating with vendors to address inquiries and resolve any issue or discrepancies promptly and professionally.
Education
Post Graduate Diploma in Management -
Indus Business Academy
Bengaluru05-2021
Bachelor of Commerce -
St. Aloysius College
Jabalpur04-2019
Skills
- US GAAP
- Accounts Payable
- Accounts Receivable
- ASC 842 (Leasing)
- GASB 96
- MS Office
- ASC 606 (Revenue recognition)
- Power BI
- Oracle NetSuite
- Blackline
- Visual Lease
- Financial Analysis & Reconciliation
Accomplishments
At RSM, I was recognized as the ‘outstanding performer’ at various junctures for playing pivotal roles in successful project execution. The above-mentioned reward is given to employees who demonstrate exceptional performance in their roles.
Hobbies & Interests
Video gaming | Bike riding | Physical training
Trainings/Certification
- Lean Six Sigma certificate by KPMG.
- Certification in advance excel by Coursera.
- Attended YES+ stress management program at ‘The Art of Living’ international center, Bengaluru.
- Proficiency Certification in Financial Management.
Timeline
Senior Associate, Financial Consulting
RSM US LLP
05.2024 - Current
Associate 2, Financial Consulting
RSM US LLP
03.2022 - 04.2024
Post Graduate Diploma in Management -
Indus Business Academy
Bachelor of Commerce -
St. Aloysius College
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