Urmi Vaghela
Boston,MA
Summary
Driven accounting professional aiming to leverage 5 years of experience in accounting roles. Demonstrated success in managing inventory audits and offering meticulous oversight of general ledger management.
Overview
7
7
years of professional experience
Work History
Accounts Officer
Analytix Business Solutions Pvt Ltd
02.2024 - 08.2024
- Processed and managed accounts payable for 28 Dunkin Donuts locations, ensuring timely payment of invoices and maintaining positive relationships with over 50 vendors and suppliers
- Conducted daily cash reconciliations for all locations, accurately balancing and reporting daily cash flow of approximately $25,000 across all stores
- Performed detailed reconciliation of merchant accounts and third-party payments, identifying and resolving discrepancies to maintain accurate financial records
- Prepared and filed sales tax returns for 28 locations, ensuring compliance with state tax regulations and avoiding penalties
- Prepared comprehensive monthly financial statements, including profit & loss, balance sheets, and cash flow statements, enabling senior management to make informed business decisions
- Implemented process improvements that reduced time spent on reconciliations by 20%, enhancing overall financial accuracy and reporting speed
- Assisted in internal and external audits, providing necessary documentation and explanations to auditors, resulting in successful and timely audit completions
- Worked closely with operations managers across all locations to ensure accurate financial reporting and to address any discrepancies in a timely manner.
- Maintained accurate financial records, contributing to company growth by enabling informed decision-making.
- Checked expenses against budget controls, entered figures, and reconciled business accounts to address discrepancies.
- Communicated and resolved disputes with clients regarding outstanding invoices, payments, and adjustments.
Consultant
Entigrity Pvt Ltd.
02.2022 - 02.2024
- Led a team of 4, ensuring efficient workflow and team cohesion
- Managed day-to-day communication with clients and the CPA firm to follow up on open points, request additional information, and respond to queries
- Collaborated with internal departments to execute plans for time management, leadership, and client retention
- Followed up with clients for payment collection and managed accounts payable
- Provided virtual assistant services and worked closely with client relationship managers
- Ensured proper documentation for each client in their respective software
- Assisted in content creation for communication and accounting for the company's LMS portal
- Prepared 1040, 1065, and 1120 tax returns, handling over 900 tax returns during peak season, as well as prepared 1099 forms and W2 wage statements
- Conducted bookkeeping and financial reviews for multiple clients
- Maintained and managed financial records for over 100 clients monthly.
- Evaluated client needs and expectations, establishing clear goals for each consulting engagement.
- Streamlined internal processes to enhance team efficiency and improve overall project outcomes.
- Liaised with customers, management, and sales team to better understand customer needs and recommend appropriate solutions.
Accounts Executive
Harvi Gems & Jewellery
03.2021 - 01.2022
- Managed and led a team of 5, ensuring effective collaboration and achievement of team goals
- Communicated with clients regarding payments, bills, and invoices, maintaining accurate records of all purchase and sales transactions
- Developed and implemented human resource policies in collaboration with management, enhancing organizational efficiency and compliance
- Planned and executed robust accounting procedures, ensuring precision in financial reporting, budgeting, and forecasting
- Maintained and monitored purchase and sales records.
- Conducted thorough account reconciliations, promptly resolving any discrepancies or irregularities identified during the process.
- Negotiated favorable vendor contracts to drive cost savings and quality optimization.
- Enhanced revenue generation through diligent monitoring of account balances and timely follow-up on outstanding payments.
Accounts Executive
Anurag Dubey and Company
11.2017 - 01.2021
- Communicating with clients for follow up of documents & Open Points
- Maintaining the petty cash for the organization
- Filing Income tax returns for individuals and corporate clients
- Maintained the documents in their respective folder and shelves, ensuring proper filing for each client
- Filing yearly returns ensuring compliance with the Companies act, 2013
- Assisted in Audit and filed Tax Deducted at source Returns
- Preparation of financial reports as per the requirement of management
- Maintaining books of accounts and ensuring accuracy for the same.
- Increased client satisfaction by effectively managing accounts receivable and payable processes.
Education
Masters of Commerce -
Gujarat University
Gujarat, India05.2024
Bachelor of Commerce -
Mithibai College
Mumbai, India06.2019
Skills
- Collaborative
- Detailed Oriented
- Meticulous
- Leadership & Teamwork
- Problem – Solving
- Tech Savvy
- Effective Communication
- Inquisitive
- Microsoft Office Suite
- Quickbooks Online & Desktop
- Drake Tax
- CCH Engagement, TaxDome and Canopy
- Slack, Microsoft teams, Skype & G-chat
- Billcom/ Dext/ Harvest
Websites
Timeline
Accounts Officer
Analytix Business Solutions Pvt Ltd
02.2024 - 08.2024
Consultant
Entigrity Pvt Ltd.
02.2022 - 02.2024
Accounts Executive
Harvi Gems & Jewellery
03.2021 - 01.2022
Accounts Executive
Anurag Dubey and Company
11.2017 - 01.2021
Masters of Commerce -
Gujarat University
Bachelor of Commerce -
Mithibai College
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