Summary
Overview
Work History
Education
Skills
Certification
Languages
Highlights
References
Timeline
Generic

Kawaljot Khurana

Livermore,CA

Summary

Hardworking Chief Financial Officer bringing 9 years of experience in financial leadership. Specializing in financial decision making and company-wide policy development. Talent for overcoming operational issues and driving proactive improvements. Organized and motivated employee eager to apply time management and organizational skills in various environments. Open to entry-level opportunities as well to expand skills while facilitating company growth.

Overview

7
7
years of professional experience
1
1
Certification

Work History

Chief Financial Officer

Cenergy Solutions/ HR Support, Inc.
CASTRO VALLEY, CA
06.2020 - Current
  • Manage the financial accounting and reporting, cost reports, budgets, and financial forecasts. Created annual budgets and monitored performance against them to ensure objectives were achieved.
  • · Introduced and maintain Month End Close process by reconciling accounts, Revenue recognition as per ASC 606, posting Journal Entries for accrual, deferred revenue and Fixed Asset reconciliation with depreciation schedule
  • Directed the preparation of timely and accurate financial statements in accordance with Generally Accepted Accounting Principles.· Preparation of monthly bank account reconciliations, rolling cash forecast, Create Balance Sheet, Consolidated accounts for Intercompany transactions, Cash Flows, Budget analysis reports, variance analysis reports, Gross Margin Analysis.
  • Conducted regular financial reviews of operations to identify areas for improvement in terms of cost savings or process improvements.
  • Oversaw cash flow management activities including accounts receivable and payable processing, payroll administration and banking functions.
  • Ensured compliance with federal, state and local laws regarding taxation and reporting requirements.
  • Prepared detailed reports for executive leadership regarding key performance indicators such as sales growth or expense ratios.
  • · Management of AR, AP, Bill- Pay and Payroll processes of 3000 employees.
  • Help in migrating 3000+ employees data from the ADP Workforce platform to Paycom and also helped in enrolling our employees on medical insurance plan, Worker Compensations and 401K Calsavers programme.
  • · Run the estimated payroll report to analyze the revenue of different contracts with the states of Illinois, California, DC Washington.
  • · Assist in Quarterly reconciling Inventory and variance analysis.
  • · Ensure timely filing of reports and forms related to tax, Business licenses, statutory and legal entity requirements. Issued 1099's end of the year and Assist with filing property taxes, business licenses & and permits and other taxes.
  • · Billing daily with the state of Illinois, County in California, and Shield project with various schools in DC Washington.

Controller/Senior Accountant

TMPI
San Leandro, CA
05.2019 - 06.2020
  • · Supervise junior accountants, providing coaching, development, and daily work direction, as well as establishing priorities and managing deliverables. Monitored accounts receivable and payable activity to ensure proper reconciliation of accounts
  • Oversaw month-end closing process, prepared financial statements and managed advanced reconciliations.
  • Prepare and present monthly quarterly, and annual financial statements to the Management team. Maintained general ledger and chart of accounts, posted month end journal entry, account analysis, balance sheet reconciliation.
  • Developed annual budget and compared actual expenses against projected budget.
  • Administered payroll for employees and oversaw corporate payroll reconciliation and tax activities.
  • Improved billing and month-end reporting processes.
  • Designed and formatted financial reports for internal and external users.
  • Combined P&L and Balance Sheet for intercompany accounts for the management to present overall cash flows and financial position of the company on both accrual and cash basis.
  • Worked successfully with diverse group of coworkers to accomplish goals and address issues related to our products and services.

Senior Accountant

Maximum Games
Walnut Creek, CA
11.2017 - 05.2019
  • · Responsible for the financial closing activities: journal entries, reconciliations, financial
  • statements preparation
  • · Maintain General Ledger accounts & other financial reports Reconcile and research all GL discrepancies.
  • · Oversee the Inventory in stock and items shipped out.
  • · Oversee the General Accounting processes of Inter-company, Fixed assets and Accounting and financial reporting of all entities.
  • · Supervise the work done by the operation department for sending Invoices.
  • · Managing all aspects of monthly, quarterly, and year-end closings
  • · Process accounts payables and ensure invoices are coded with correct GL codes.
  • · Communication with Vendors, Employees, and Customers and Oversee the AP & AR.
  • · Resolve invoice discrepancies & vendor statements.
  • · Manage bill runs and approval process for the payment.
  • · Monitor Accounts receivable and make sure invoices are collected on time and Coordinate with the sales team to help in the collection process.
  • · Process & and post remittance from customers
  • · Manage credit memo issues from Customers and reconcile in coordination with sales account managers.
  • · Perform Weekly bank reconciliations.
  • · Assist with monthly internal financial statement and month-end close.
  • · Assist with yearly Audits and budgeting.
  • · Assist with filing property taxes, business licenses & and permits, 1099’s, and other taxes.
  • · Ensure that work (AP, AR, cash collections) is completed promptly, in accordance with
  • company policies and deadlines
  • · Manage Fixed Assets and accumulative depreciation schedule.

Accountant

SpringML
Pleasanton, CA
04.2017 - 07.2017
  • Assisting with bookkeeping on an Accrual basis of accounting, following GAAP procedures by recording invoices when services were performed and recording payment, Reconciling Bank Statements, Accounts receivables, Petty cash, Accounts Payables & Assets accounts.
  • Created journal entries accurately and timely for month end close processes.
  • · Oversee and supervise the work of Interns for booking Accounts Receivable & Accounts Payables.
  • · Process vendor invoices, bank deposits and ensure the accuracy of a company's accounts payable reports and see that unpaid invoice payment are made in a timely fashion.
  • · Performed full cycle matching, batching, coding, and managing of reports in Excel
  • · Creating Invoices & Recording payments in Harvest and matching the data of Harvest with QuickBooks
  • · Worked on TRINET for payroll data entry to ensure the accuracy and update information on TRINET for PTO & other income in a timely manner.
  • · Approving expenses for employee’s reimbursement & adding in to Excel Spreadsheet
  • · Approving Timesheet and ensuring the invoices have created for the time built in for the relevant project.
  • · Closing Financial Statements by preparing document of closing financial every quarter.

Education

Master of Arts - Accounting

Punjab University
05-2007

Bachelor of Arts - Accountn

Punjab University
05-2005

Skills

  • Accounting Principles
  • Cost-Reduction Strategies
  • Operational Management
  • Budget Development
  • Financial Reporting
  • Cash Flow Management
  • Reporting Skills
  • Accounting Principles Understanding
  • Financial Analysis Expertise

Certification

  • CPA Certification

Languages

English
Professional

Highlights

· Skills in Cash flow forecasting, budgetary planning, productivity metrics, team management, accounting, insurance policies, medical insurance claims, and reporting.

· Proficient in QuickBooks, Microsoft Office Word, Excel, Pivot Tables-VLOOKUP and PowerPoint, QuickBase, Harvest, Expensify, smart sheets, Trinet, Paycom, ADP Run, and ADP Workforce.

· Professional expertise in Bookkeeping, Preparing Financials, General Ledger accounts, Month end close Journal entries, Auditing, Sales, Payroll, and Business Property Tax

· Comprehensive knowledge of accounting principles in accordance with GAAP, A/P, A/R, payroll, Ledger, invoicing, taxation issues, and regulatory compliance guidelines.

References

References available upon request.

Timeline

Chief Financial Officer

Cenergy Solutions/ HR Support, Inc.
06.2020 - Current

Controller/Senior Accountant

TMPI
05.2019 - 06.2020

Senior Accountant

Maximum Games
11.2017 - 05.2019

Accountant

SpringML
04.2017 - 07.2017

Master of Arts - Accounting

Punjab University

Bachelor of Arts - Accountn

Punjab University

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Kawaljot Khurana