Shikha Jashnani

Company Overview: (Start-up)

• Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
• Analyzed financial statements against forecasts to prepare high-level variance analysis.
• Prepared detailed reports on financial performance including balance sheets, income statements, cash flow statements, and budgeting activities.
• Completed month-end and year-end closings, kept records audit-ready and monitored timely recording of accounting transactions.
• Managed accounts payable functions to ensure timely payments of invoices.
• Checked payroll, vendor payments and other accounting disbursements for accuracy and compliance.

Freelancing Financial Planning & Analysis

• Retrieved and organized data into required reporting formats to provide basis for comparison and evaluation.
• Analyzed records of present and past operations, trends and costs and estimated and realized revenues to project future revenues and expenses.
• Measured actual performance against operating plan and interpreted results for all levels of management.
• Prepared reports analyzing specific aspects of department structures, functions and operational procedures and recommended ways to improve productivity
• Compiled data, reports and year-end audit information.
• Prepared special studies, analysis and recommendations in areas such as budgets, forecasts, financial plans and statistical reports.
• Compiled budget figures by reviewing past budgets, evaluating estimated income, and assessing expenses.
• Generated invoices upon receipt of billing information and tracked collection progress.
• Developed monthly, quarterly and annual profit and loss statements and balance sheets.
• Reconciled account information and reported figures in general ledger by comparing to bank account statement each month.
• .Created detailed expense reports to facilitate reimbursement for business expenses incurred.
• Supported management by processing invoices and documents with consistent on-time delivery.
• Managed complex problem-solving for upper management to complete projects on-time and within budget

Software Development Company

• Analyzed financial statements against forecasts to prepare high-level variance analysis.
• Prepared and delivered comprehensive Financial Reports, Comparative Analysis, and Project Deck's for evaluating the performance of the Projects along with month-end financial close processes.
• Building financial models using historical data and providing forecasts based on various industry related operating metrics.
• Measuring and tracking financial performance against plan and key metrics.
• Preparation of monthly revenue accrual and invoicing files on excel as per the contract basis the data pulled or provided by different teams and ensuring the revenue gets accrued accurately and in a timely fashion per the accrual policies.
• Cross checking the revenue posted in the P&L daily until the AR closes for the month to ensure the revenue looks accurate for the month and there are no unwanted items which require investigation.
• Ensuring the invoices are generated on-time and are accurate as per contract avoiding any over/under billing.
• Collaborated with the Sales/Delivery/FPNA and other teams in advance to schedule meetings to discuss any/all roadblocks to achieve timely and accurate closing of monthly revenue and invoices
• Created financial proposals and prepared Cost Sheets as per BOQ and requirements of the Project.
• Maintained the required audit Backups for accruals/invoicing and assisting in various Audits with pulling and providing the data/backups required.
• Maintained effective SOPs (Standard Operating Procedures) for the projects handled.
• Prepared weekly/monthly revenue estimates based on the project requirements.
• Ensuring Compliance i.e., GST, Income Tax with financial guidelines, company policies and relevant legal regulations.
• Handled Employee expense reimbursements and reconciliation on monthly basis.
• Assisted with Tax Audits and Tax returns and Reconciled Accounts Payable and Receivables.

Freelancing Accounting Services

• Maintained accurate accounting records for multiple clients in various industries, including medical professionals, construction, sales and service businesses, as well as non-profit entities.
• Created and implemented systems to streamline financial operations.
• Proposed solutions to manage cashflow problems, including preparation and interface with bank representatives for business loan applications.
• Prepared customized financial reports for business owners to assist them in making informed decisions regarding the financial operation of their businesses.
• Reconciled accounts and reviewed expense data, net worth, and assets.
• Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations.
• Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
• Detected and corrected mistakes early on and implemented systems to avoid recurring issues.

Manufacturing Company

• Reconciliations for Bank, debtors, creditors, sales and purchases, accounts payable and accounts receivable.
• Generation of client billings for various projects, verification of bills & reconciliation of total turnover.
• Worked with employees and customers per day to ensure organization standards were met.
• Managed and recorded company expenses, including salary calculations on monthly basis for over 200+ sales executives.
• Maintained salary registers in MS Excel
• Developed extensive product expertise and maintained an up-to-date understanding of products.
• Guaranteed prompt delivery of incoming mail to appropriate recipients.
• Performed detailed research of newly released tax regulations and documentation work.
• Posting of accounting entries for purchase, sales, payments, receipt collection & journal voucher.
• Checked and reviewed returns of TDS for accuracy
• Prepared C-Forms, on daily basis.

Chartered Accountant Firms

• Lead audit teams for several types of audits like Concurrent Audit, Statutory Audit, Revenue Audit, Internal Audits, Stock Audits, Transactions Audit and prepared Audit Reports.
• Preparing Tax Computations and filing E-Returns for individuals.
• Preparation of VAT Report, conducting Internal Audit and accounting General entries for a Vehicle Showroom.
• Vouching of books of various clients & service centers.