Simla Chand

Assistant Controller

San Mateo Marriott

San Mateo, CA

09.1998 - Current

Accounting Functions: Account Receivable: Prepare and send daily billing, collections and others
Payroll: Enter new employees into payroll system
Maintain salary schedule, work calendars, enter timesheets for hourly and day workers, compute weekly payroll for 142 full-time and part-time employees
Accounts Payable: Process and prepare batches for vendor payments, maintain vendor list, reconcile open orders (purchase orders)
Reports: Prepared month-end reports for closing.
Reviewed and analyzed financial reports, accounts payable and receivable and payroll records to identify discrepancies.
Oversaw cash and merchant services, as well as processing of accounts payable and receivable, to ensure invoices were paid on time.
Managed AP and AR operations, coordinating staff workflows and reviewing completed work to reduce errors.
Ensured compliance with Generally Accepted Accounting Principles standards.
Contacted customers to collect outstanding payments, negotiated installment methods, and processed payments.
Collaborated closely with various departments within the organization to ensure accurate reporting of financial information.
Monitored daily cash flow, prepared journal entries, bank reconciliations and maintained general ledger.
Assisted Controller with implementing new software systems related to finance and accounting operations.
Conducted month-end closing activities such as accruals, amortization of prepaid expenses and other adjustments.
Coordinated external audits with auditors; reviewed audit findings and recommendations with senior leadership team members.
Supervised and coordinated assigned audits ensuring accuracy and timely completion.
Managed accounts receivable collections process by monitoring customer payments and following up with customers on past due invoices.
Trained new employees on accounting principles, as well as company policies and procedures, while supervising team of 5.
Monitored accounting, payroll and financial reporting activities.
Improved billing and month-end reporting processes.
Managed day-to-day finance operations by working closely with accounting, accounts payable, accounts receivable and payroll staff to provide direction.
Used US GAAP to shape technical accounting policies and procedures.