Summary
Overview
Work History
Education
Skills
Timeline
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Milena Karaivanova

Sunnyvale,CA

Summary

Self-motivated and highly organized individual with experience in accounting and finance. Proven ability to manage accounting operations, reconcile accounts, and analyze financial data. Strong organizational, problem-solving, and communication skills.

Overview

6
6
years of professional experience

Work History

Account Receivables Specialist

Sofia University
07.2024 - Current
  • Records daily transactions for student payments received by check, electronic check, credit card, wire transfer, and other payment methods;
  • Reviews student records for accuracy and compliance, ensuring correct records and documentation are maintained;
  • Reconciles accounts receivable ledger to ensure all payments are made and properly accounted for.
  • Works closely with the Financial aid office to verify and reconcile financial aid , ensuring compliance with eligibility criteria and regulations. Manages timely and accurate reconciliation and release of student excess funds;
  • Prepares accounts receivable status reports, aging analysis and collection efforts. Provides financial data and analysis to support the decision-making process;
  • Prepares and Issues Forms 1098-T to eligible students in accordance with the IRS regulations;

Accounting Coordinator

Sofia University
09.2023 - 07.2024
  • Supported the month-end closing process, efficiently processing journal entries and posting accruals.
  • Provided exceptional customer service while resolving billing disputes or payment discrepancies with students.
  • Maintained accurate documentation regarding accounts payables and accounts receivables in accordance with company policies.
  • Prepared monthly cash reports consisting of all payments and disseminated information to appropriate correct management staff.
  • Ensures timely processing of all employee reimbursement requests. Reviews submitted documentation to ensure expenditures are appropriate within University policies and procedures;
  • Self-motivated, with a strong sense of personal responsibility;

Staff Accountant

Sofia University
08.2022 - 09.2023
  • Maintained general ledger accuracy through regular account reconciliations, journal entry adjustments, and transaction reviews;
  • Monitored accounts receivable, accounts payable and other account balances to track transactions, avoid discrepancies and maintain accuracy;
  • Prepared and processed journal entries to record in general ledger and maintain consistent documentation;
  • Managed accounts payable processing, ensuring timely payments to vendors while maximizing cash flow management strategies;

Client Account Specialist

The Key
11.2018 - 08.2022
  • · Responsible for generating invoice for nationwide clients;
  • Accountable for credit/ACH transactions, audit and publish the weekly reports;
  • Ensure the process of incoming payments and accounts in compliance with financial policies
    and procedures;
  • Review and analyze weekly outstanding AR, and aging reports;
  • Audit and reconcile receivable ledger;
  • Resolve client billing conflicts and discrepancies;
  • Maintain up-to-date systems and sustain the vendor invoices process efficiency;
  • Accountable for invoice approval process, collaborate with related functions for overpayment
    and prepayment;
  • Interacted with team members across departments to research and resolve customer issues;

Education

Master of Finance -

St. Cyril And St. Methodius University of
Veliko Turnovo

BBA - 3.55 GPA

Technical University of Varna

Skills

Microsoft office

Payment Processing

Financial data and Analysis

Financial Reporting

Account Reconciliation

General Ledger Entries

Account Payable and Receivable

Cash Flow Management

Bank Reconciliation

Timeline

Account Receivables Specialist

Sofia University
07.2024 - Current

Accounting Coordinator

Sofia University
09.2023 - 07.2024

Staff Accountant

Sofia University
08.2022 - 09.2023

Client Account Specialist

The Key
11.2018 - 08.2022

Master of Finance -

St. Cyril And St. Methodius University of

BBA - 3.55 GPA

Technical University of Varna

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Milena Karaivanova