Swati Khandelwal
Janesville
Summary
Dynamic Fixed Assets Accountant with extensive experience at Blain's Farm & Fleet, adept in SAP ECC and D365. Proven track record in optimizing asset utilization and ensuring compliance with accounting standards. Strong analytical skills complemented by effective collaboration with cross-functional teams to enhance financial planning and reporting accuracy.
Overview
11
11
years of professional experience
Work History
Fixed Assets Accountant - Fixed Assets Operations
Blain's Farm & Fleet
Janesville
03.2025 - Current
- Responsible for managing and optimizing our company's fixed assets involves maintaining accurate records, ensuring compliance with accounting standards, and collaborating with various teams to enhance asset utilization.
- Responsible for providing budget and forecasting for capital projects and ensuring that financial planning aligns with strategic goals.
- Actively engage in the planning, preparation, and implementation of the fixed asset module as part of the D365 implementation.
- Maintain and update the fixed asset register, ensuring accuracy and completeness.
- Record acquisitions, disposals, transfers, and adjustments of fixed assets in compliance with company policies.
- Conduct periodic physical inventories of fixed assets and reconcile discrepancies.
- Reconcile fixed asset sub-ledger to the general ledger.
- Assist in preparing financial statements and supporting schedules related to fixed assets.
- Support internal and external audits by providing documentation and explanations related to fixed assets.
- Collaborate with project managers and finance teams to monitor capital expenditures.
Fixed Assets Accountant- Fixed Assets Operations
EG-America
Janesville
05.2022 - 02.2025
- Responsible for accurate and timely processing of all Fixed Asset transactions in Fixed Assets sub-ledger including additions, retirement, disposals, transfers, and monthly depreciation in Oracle system.
- Prepare CAPEX reporting to help financial reporting team.
- Prepares Reconciliation, Rollforward & Construction & Non-Construction reports.
- Closely worked in Oracle Fusion Testing in order to develop the Fixed Asset module (SIT & UAT Testing).
- Set new AFEs setup workflow process as needed for E-builder & FSS Projects.
- Accrual and Standard Journal Entries posting at month end closing.
- Run data loader for Retiring, Reinstating, Capitalizing, Assignment changes, Useful life, etc.
- Rolling up Tax books for all entities.
- Involve in preparing Tax & Freight on construction inventory Journal entries for all banners.
- Involve in preparing the Source lines for the banners assigned.
Consultant - Fixed Assets Operations
Insulet Corporation | OmniPod
02.2021 - 04.2022
- Responsible for key areas of the monthly, quarterly, and annual accounting processes, including the preparation of journal entries, account reconciliations, Fixed Assets Roll Forward.
- Supported monthly close and internal reporting process by preparing journal entries and account reconciliations and ensuring that financial statements follow US GAAP.
- Manage the project spend in CIP; ensure projects are in service timely and reclasses are made within the current period.
- Manage the CIP review after meeting with the individual project owners to assess the capitalizations.
- Internal capitalized labor calculations and program guidance, Intangible roll forward.
- Reporting/audit requests.
- Maintenance of fixed assets (correct asset groupings, locations, etc.) Support for project owners on policy guidance, financial model support, overall process.
- Quarterly Capital Accrual.
- Creation of New Project IDs and adding Project budget as per the CAR form.
Finance Associate-Fixed Assets Operations
Agilent Technologies, Inc.
03.2015 - 02.2020
- Responsible for accurate and timely processing of all Fixed Asset transactions in Fixed Assets sub-ledger including additions, retirement, disposals, transfers, and monthly depreciation in SAP system.
- Monitored Construction in Progress (CIP) and Asset under Construction (AUC) for timely Fixed asset capitalization and capitalized Agilent manufactured assets.
- Accrual and Standard Journal Entries posting at month end closing.
- Involved in Physical Inventory count of Fixed Assets by following up Business Asset Coordinator and Cost center Managers for asset count and provided solutions for the query related to Fixed assets in Physical Inventory and Spot Audit exercise.
- Involved in Month end closing activities as per Sarbanes-Oxley Act (SOX compliance) including Depreciation analysis, Gain and Loss analysis, Expense Review, Asset Listing validation.
- Liaison with Account Payables, Account Receivable, Country controller teams for doing multiple task related to Fixed assets accounting.
- Calculation of LOM ( Line of Margin) for Inventory capitalization and Posting Journal entries.
- Prepared audit schedules related to Fixed Assets for quarterly and Annual basis on USGAAP and assist the auditors in the inquiries.
- Monitored Help Desk for multiple countries and handled queries from Requestor.
- Participated in UNO Project: - Closely worked in SAP Testing in order to develop the Fixed Asset module of the company's SAP system including Assets depreciation data, Addition template and testing system to ensure reporting and depreciation accuracy of company assets.
- Supported in SAP and C-FAMs testing for new Company code.
- Provided Fixed Assets process presentation and training to Japan Employees for External and Inventory capitalization.
- Introduced changes in India Mobile phones to correctly booked in fixed assets account.
- Supported in C-FAMs tool (Agilent Internal tool) browser testing (Edge and Chrome).
- Worked on C-FAMs tool for Retiring assets through Scrap, Sales, Trade Sales, Donation, etc.
- Involved in approving Purchase Requisitions (PR) through Ariba system after assigning Asset shell number in correct category on daily basis.
- Trained new hires in accounting department.
- Identified and helped in corrected Fixed Assets issues (IT and Non-IT).
- Prepared Reconciliations in Blackline.
Finance Coordinator- Intercompany
Keysight Technologies Inc.
08.2014 - 02.2015
- Support in Project Sapphire: - Working as a finance Coordinator for special project on Invoice Refusal.
- Testing of upgraded Hyperion Model from the old Brio reporting tool.
- Manually Reversed unapplied receipts in Oracle.
- Worked on GST Malaysia project (Goods and Service Tax) to check the impact on transactions for Intercompany Department.
Education
MBA, PGPM - Financial Management, Finance management, Marketing management
Institute for International Management & Technologies
Gurgaon, India08.2014
Bachelor’s in business administration - Accounts
Lords International College
Rajasthan, India07.2012
High school - Accounting and Computer Science
Modern Senior ondary School
Rajasthan, IndiaSkills
- SAP ECC
- D365
- Oracle Fusion
- Kwikbook
- Ariba
- Oracle
- MS-Excel
- MS Outlook
- Hyperion
- Blackline
- Microsoft Dynamics
- Smartsheet
- AFE Manager
- E- Builder
- Onbase
- Stampli
- Service channel
Hobbies and Interests
- Badminton
- Cards
- Chess
Languages
- English
- Hindi
Timeline
Fixed Assets Accountant - Fixed Assets Operations
Blain's Farm & Fleet
03.2025 - Current
Fixed Assets Accountant- Fixed Assets Operations
EG-America
05.2022 - 02.2025
Consultant - Fixed Assets Operations
Insulet Corporation | OmniPod
02.2021 - 04.2022
Finance Associate-Fixed Assets Operations
Agilent Technologies, Inc.
03.2015 - 02.2020
Finance Coordinator- Intercompany
Keysight Technologies Inc.
08.2014 - 02.2015
MBA, PGPM - Financial Management, Finance management, Marketing management
Institute for International Management & Technologies
Bachelor’s in business administration - Accounts
Lords International College
High school - Accounting and Computer Science
Modern Senior ondary School