PALWI SHARMA
Canoga Park,CA
Summary
Well-qualified financial systems leader offering demonstrated skill and success in managing internal accounting processes, improving controls and strengthening systems for optimal performance. Gifted in building and leading solid teams to handle high-volume operations with consistency, accuracy and full compliance with regulatory requirements. Enthusiastic about advancing career and contributing to business success.
Overview
11
11
years of professional experience
Work History
Accounting Manager
Ideal Living Management
07.2020 - Current
- Spearhead month-end close procedures, ensuring accuracy and timeliness in financial reporting
- Prepare and summarize transactions to record the effects of company transactions, utilizing advanced financial spreadsheets and conducting thorough research and analysis
- Facilitate continuous improvement initiatives within the close processes, contributing suggestions for enhanced efficiency and effectiveness
- Process various aspects of monthly and quarterly closes which includes month end and quarterly reconciliation for E-Commerce and Direct Response Company
- Process Year end reconciliation for Balance Sheet and P&L Accounts for Audit
- Experience with implementation of new Accounting Software and making sure correct ending balance was moved to new system after reconciliation
- Involved in Implementation of New Banks which involved 24 (accounts) and New Credit Cards and Virtual Cards Implementation
- Managing Team with Month End process
- Reconcile all Balance Sheets on monthly basis like Prepaid Expenses, Fixed Assets and Other Assets.
Senior Accountant
Currency Capital, LLC
06.2019 - 07.2020
- Prepare timely journal entries in accordance with our schedule
- Process daily ACH batches for different cash accounts
- Process rebates/referrals on monthly basis
- Process various aspects of monthly and quarterly closes which includes journal entries, account reconciliations and variance analysis
- Prepare the trend for several accounts for month-trend
- Audit the Asset Accounts like Prepaid clearing, Prepaid Expense Account, Other Assets and Fixed Assets
- Prepare documentation of Company’s key financial accounting processes like AR, AP, expenses and payroll
- Researched topics and completed due diligence to resolve issues in a timely manner.
Senior Accountant
United Staffing Solutions, Inc.
04.2018 - 06.2019
- Reconciled A/R, A/P, and prepaid expenses to General Ledger
- Assist with month-end purchase and commission reports, journal entries, and audit prepaid accounts
- Reviewed collection reports determining the status of collections and the amounts of outstanding balances
- Preparation and processing of Weekly Corporate Payroll
- Process Weekly Corporate Payroll with ADP
- Prepare Weekly Projected Sales Reports for company's budget
- Managed In-House Employee sales commission, expense reimbursements, referrals and company leases
- Executes established controls to ensure data integrity and accuracy of employee payroll data
- Research and resolve payroll related questions from employees and managers on a timely basis
- Process Business License Annual Reports for over 25 States
- Apply for Out of State Business License which includes Entity Registration, Unemployment Insurance, State Withholding, Excise Tax and Workers Compensation
- Worked for accounts receivable, accounts payable, generating checks, and customer/supplier communication
- Prepare with management at the project level to ensure expense plans are achieved
- Researched topics and completed due diligence to resolve issues in a timely manner.
Accounting Specialist
United Staffing Solutions, Inc.
02.2016 - 04.2018
- Process Approved A/P payments: checks, wire transfers online and loan payments
- Followed up with customers to collect information and verify details
- Maintain accurate aging reports for Accounts receivables and accounts payable
- Daily application and processing of cash receipts
- Processed payments and applied to customer balances
- Perform remote daily check deposit
- Prepare weekly commission reports for recruiters/ account managers and audit for Housing Expenses
- Research and respond to vendor and customer's invoices inquiries
- Audit and process bi-weekly expense reports.
Bookkeeper
Stanley M. Price Co
12.2014 - 01.2016
- Data entry of vendor invoices, payroll, organizing and scanning of those invoices
- Reconciled company bank, credit card and line of credit accounts, investigating, and resolving discrepancies to keep accounts audit-ready.
- Entering daily journal entries and sales reports
- Updating daily cash reports on excel spreadsheets
- Daily Bank and credit card accounts reconciliation
- Researching and correcting discrepancies in invoice payments
- Responsible for Profit and Loss and balance sheet.
Accountant
Graphic Research, Inc
10.2012 - 12.2014
- Responsible weekly financial statement for six companies
- Entered new employees, deductions, and direct deposit
- Assisted with monthly bank reconciliations including check cancellation
- Payroll and Journal Entry's in QuickBooks
- Review aging reports, print and distribute monthly financial reports as well
- Research and resolve chargeback disputes in a timely manner
- Run credit for new customers and vendors
- Recorded and prepared all cash receipts for bank deposits.
Education
MSA - Accountancy
California State University - Long Beach
Long Beach, CA08.2017
BS - Business Administration, Management
California State University Northridge
Northridge, CA12.2013
Skills
- Knowledge of computerized payroll systems
- Experience with QuickBooks, Sage 100 ERP Software, Acumatica, Dynamics
- Ability to maintain a clean and safe working environment
- Able to multi task and have a positive attitude towards the work
- Proficient in Microsoft Outlook and Microsoft Office (Word, Excel, Access, PowerPoint)
- Ability to give high level of attention to detail and accuracy
Accomplishments
- Certificate of Business & Office Technology, 2008
- Certificate of Business Education Office Technology Sequence, 2008
- Certificate of Being an Outstanding Accountant, 2013
- The Institute of Internal Auditors, Inc., 2nd Round Winner for IIA Student Case Competition, 2016
- Delta Sigma Pi Scholarship Key, for graduating with the highest GPA in the College of Business, 2017
- Member of Beta Gamma Sigma for High Scholastic Achievement, 2017
Timeline
Accounting Manager
Ideal Living Management
07.2020 - Current
Senior Accountant
Currency Capital, LLC
06.2019 - 07.2020
Senior Accountant
United Staffing Solutions, Inc.
04.2018 - 06.2019
Accounting Specialist
United Staffing Solutions, Inc.
02.2016 - 04.2018
Bookkeeper
Stanley M. Price Co
12.2014 - 01.2016
Accountant
Graphic Research, Inc
10.2012 - 12.2014
MSA - Accountancy
California State University - Long Beach
BS - Business Administration, Management
California State University Northridge
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