MS Dynamics
Akshit Chopra
Financial Controller
Decatur,IL
Summary
Forward-thinking Financial Controller excited to bring 10+ year background to the organization. Expert in setting financial targets and devising strategies to improve internal controls, standards, and processes. Successful in advising business executives on financial strategies driving short-term and long-term growth.
Overview
12
12
years of professional experience
2
2
Languages
8
8
years of post-secondary education
Work History
Financial Controller
Baby TALK, Inc.
Decatur, IL
11.2021 - Current
- Collaborated with executive team in preparation of annual capital and operating budgets, forecasts and all financial reporting and analysis.
- Prepared accurate financial reports and monthly statements for accounts receivable, accounts payable, and payroll management.
- Led organizational cash flow and cash flow forecasting initiatives for optimum utilization of grant funds.
- Planned budgets, monitored accounting and internal control processes, and revised organizations financial policy to oversee all fiscal procedures.
- Completed journal entries, reconciliations, and expense analysis to prepare financial reports for Federal and State Grants.
- Formulated strategic plans and supported tactical initiatives to execute cost-savings deliverables.
- Managed labor allocations for payroll processing of 86 employees to comply with predetermined company guidelines and grant restrictions.
Director of Accounting
Masters Financials Services LLC
Charleston, IL
03.2020 - 10.2021
- Managed marketing and advertising budget of over $15K for consulting business in Central Illinois region.
- Secured 4 company contracts for business, generating revenues of over $200K in first 8 months.
- Served client companies with essential accounting functions such as unionized payroll services, construction billing, state and federal payroll tax filings, inventory management, production budgets.
- Assisted manufacturing clients with ERP implementation and upgrades, effective management by compiling timely and accurate KPI reports, and document audit trails for all financial transactions.
Accounting Manager
Hodgson Mill Inc.
Effingham, IL
02.2019 - 02.2020
- Developed and analyzed simulation models for improving production schedules and meeting sales targets.
- Managed monthly journal entries, banking and balance sheet reconciliations for accurate financial reporting to CFO and COO.
- Coordinated resources from Operations, Production, Sales, and Billing to implement solutions for unresolved CIT (cash-in-transit) invoices worth $3.8M and implement follow-up processes to achieve 85% recovery rate.
- Assisted CFO and VP Finance in identifying KPIs and monitoring performance, financial planning, and budgetary controls.
- Analyzed company financials for pricing decisions, cost reduction using margin analysis and sales trends.
- Integrated SAGE Fixed Assets with MS Dynamics Great Plains.
Accounts and Audit Executive
S.N. Mathur & Co. (Chartered Accountants)
New Delhi, India
08.2011 - 09.2014
- Conducted strategic and technical reviews to verify compliance with quality control standards, schedule constraints and budget parameters for monthly reporting.
- Provided journal entries and performed accounting on accrual basis for 4 clients on monthly basis.
- Tracked receipts, prepared financial statements and reconciled accounts for over 7 small businesses on quarterly and semi-annually basis.
- Led team of 3 article assistants on statutory and internal audits for test of controls and evaluation of material misstatements.
- Found tax solutions and represented over 6 cases to Indian Revenue Authorities on complicated tax issues to save equivalent of $10k in statutory penalties.
- Prepared working papers, reports and supporting documentation for audit findings.
- Identified and recommend tax savings allowable under prevailing tax code.
Education
MBA - Accounting And Business Management
Eastern Illinois University
Charleston 08.2016 - 12.2018
Certified Accounting Technician - Accounting
Institute of Chartered Accountants of India
New Delhi, India 10.2009 - 02.2012
Bachelor of Commerce - Accounting And Business Management
University of Delhi
New Delhi, India 07.2006 - 03.2010
Skills
Corporate Finance
Pricing and Costing
Internal Control Management
Information Systems
Strategic Planning
Budget Development
Process Improvement
Accounting Management
Accomplishments
- In my current role, reduced Administration costs by 35%.
- Strengthen Internal Controls for labor allocation, and optimize utilization of grant funds.
- As the Director of Accounting, exceeded 2020 revenue goals by 25% for our firm.
- Achieved intraday turnaround for a retail client's monthly sales tax reporting through creating efficient dashboard on Excel Reports from Dynamics 365.
- Cut total of past due accounts for a manufacturing client from 35% to 15%.
- As the Interim Controller for a manufacturing client: Collaborated with team of software developers for customizing existing MRP reporting creating a collaborative environment.
- Improved inventory management by creating and integrating modules for Bill of Materials, and WIP to finished goods inventory increasing daily KPI reporting efficiency.
Software
MS Excel
Sage 50 US
Quickbooks Online
Oracle ERP
MS Great Plains
Timeline
Financial Controller
Baby TALK, Inc.
11.2021 - Current
Director of Accounting
Masters Financials Services LLC
03.2020 - 10.2021
Accounting Manager
Hodgson Mill Inc.
02.2019 - 02.2020
MBA - Accounting And Business Management
Eastern Illinois University
08.2016 - 12.2018
Accounts and Audit Executive
S.N. Mathur & Co. (Chartered Accountants)
08.2011 - 09.2014
Certified Accounting Technician - Accounting
Institute of Chartered Accountants of India
10.2009 - 02.2012
Bachelor of Commerce - Accounting And Business Management
University of Delhi
07.2006 - 03.2010