Rohit Khandelwal

Record to Report (R2R):

• Reviewed and finalized financial statements on a monthly, quarterly, and yearly basis in collaboration with CPAs.
• Conducted day-to-day and month-end close activities, ensuring accuracy and regulatory compliance.
• Performed ledger scrutiny and reconciliations for bank and ledgers.
• Managed General Ledger reconciliations, including revenue, accounts payable, payroll JE, accounts receivables, accruals, loan accounts, and other balance sheet accounts as required by clients.
• Conducted intercompany reconciliations and variance analysis of Profit and Loss accounts.
• Managed merchant reconciliation and deposit tracking for multiple payment processors.
• Tracked and reconciled 1099 (Vendor Management), assisting clients with W9 form completion.
• Created JE for opening balances with closing statements (Seller and Buyer agreements).
  

Management Operations:

• Managed client interactions and team operations, ensuring high-quality output and client satisfaction.
• Built and maintained strong client relationships, ensuring retention through excellent service.
• Ensured team satisfaction through regular reviews and growth initiatives.
• Collaborated with the product team to meet client requirements and address issues promptly.
• Worked on integrating client revenue systems with in-house finance software.
• Assisted the onboarding team in transitioning between accounting software, streamlining processes.
• Worked across diverse industry verticals, managing T&M sheets for capacity utilization and conducting quality checks.
• Specialized in Accounting Automation Software, with proficiency in QuickBooks Online (QBO) for bookkeeping.
  

Data Migration:

• Conducted data migration from other software to QuickBooks Online using General Ledger reports.
• Collaborated with the engineering team for migration tasks to new accounting software.
• Worked on various accounting software reports to make them compatible for the migration process.
  

Note: Worked as a freelancer for US-based customers, managing their accounting in QuickBooks Online from February 2023 to August 2023.

R2R - Reporting & Responsibilities:

• Performed month-end closing procedures, account reconciliation, and updating schedules.
• Managed day-to-day financial transactions, including intercompany accounts payable and receivable data.
• Consolidated daily pending reports relating to plants and minimized pendencies.
• Prepared books of accounts for overseas plants and performed intercompany reconciliations.
• Conducted vendor, customer, and employee balance analyses, and reconciled vendor & customer balances with 26 AS: TDS & TCS.
  

FP&A - Reporting & Responsibilities:

• Prepared monthly reports showing expense classifications, variance analysis, and budget utilization.
• Conducted profit margin analysis and identified areas for effective cost control.
• Assisted in budget preparation and provided various reports for CFO or reporting managers.
• Conducted tax provision computation, inventory valuation, and NRV effect calculation.
  

Management and Accounting Operations:

• Managed and controlled a team of accountants across 18 plants in India and overseas.
• Ran exchange gain/loss calculations for unrealized foreign exchange transactions.
• Resolved issues faced by plant accountants, and prepared profitability statements for vendor and customer selection.
• Dealt with external parties, including local auditors and government departments.
  

Audit and UAT Involvement:

• Coordinated with internal and statutory auditors, ensuring compliance with recommendations.
• Performed as member of UAT (SAP) team, testing FI transactions for new process implementation.
  

Shipping, Logistics, Banking, and Finance (Mozambique):

• Coordinated with shipping lines, transporters, and CHAs for import/export shipments.
• Handled banking transactions, fund management, and negotiations with banks for foreign currency exchange.
  

Financial Management Technical Support Agency:

• Finalized Tally data for district project management units, prepared balance sheets, and consolidated financial statements.
• Prepared bank reconciliation statements, IUFRs, and utilization certificates at the state level.
  

Internal and Concurrent Audits:

• Conducted audits for organizations like ARAVALI, Oriental Bank of Commerce, and Bank of Baroda.
• Filed returns for Income Tax, TDS, Service Tax, VAT, and GST, handling more than 150 private sector clients.
  

Statutory and Physical Verification Audits:

• Led the audit team for MPOWER (Mitigating Poverty in Western Rajasthan), finalizing Tally data and preparing consolidated financial statements.
• Conducted physical verification audits for National Fertilizers Limited (NFL), Panipat Unit.
  

• Provided support for taxation software (COMPUTAX), assisting clients with technical queries and software usage.