Shweta

Senior Accountant

Meghdoot Textiles Pvt Ltd

2 2016 - Current

Prepared monthly journal entries and reconciliations.
Reconciled accounts and created documents for monthly closure procedures.
Updated general ledger with latest entries.
Completed year-end closing processes with controllers and external auditors.
Reviewed documents and accounts for discrepancies and resolved variances.
Provided timely and accurate financial reporting to senior management, enabling informed decision-making based on reliable data.
Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
Assisted in internal and external audits by preparing necessary documentation and responding to auditor inquiries.
Reconciled balance sheets and streamlined best practices for balance sheet processes.
Analyzed financial statement discrepancies, identifying issues, and recommending corrective actions to prevent future occurrences.
Partnered with auditors to track errors and add contributions to maintain accuracy.
Expedited payroll and invoicing by streamlining billing systems.
Improved cash flow management by closely monitoring receivables and implementing stricter credit policies.
Managed quarterly and annual tax filings for the company, ensuring timely submissions and compliance with regulations.
Reduced errors in financial statements through stringent review procedures and regular reconciliation of accounts.
Coordinated with various departments to gather financial data, ensuring accurate representation of each business unit''s performance.
Contributed to hiring, training and development of accounting teams.
Maintained accurate depreciation schedules for fixed assets, coordinating with asset managers for timely recording of acquisitions or disposals.
Assisted in upgrade and conversion of in-house financial systems.
Established strong relationships with vendors to negotiate favorable payment terms that improved working capital management.
Reviewed budgets and communicated discrepancies to senior management.
Leveraged finance knowledge to strengthen controls and improve transparency.
Served as a key liaison between Finance and Operations teams, ensuring effective communication on budgetary matters and fostering cross-functional collaboration.
Prepared working papers, reports and supporting documentation for audit findings.
Tracked funds, prepared deposits and reconciled accounts.
Collected and reported monthly expense variances and explanations.
Trained new employees on accounting principles and company procedures.
Found tax solutions to complicated tax issues or errors from incorrect tax filings.