Summary
Overview
Work History
Education
Skills
Timeline
Generic

VASHTI GANGARAM

Margate,USA

Summary

Experienced accounting professional prepared for this role, known for strong analytical skills and precision in financial management. Proven ability to drive results through team collaboration and adaptability to changing needs. Expertise in financial reporting, budgeting, and compliance, with focus on accuracy and efficiency. Reliable, dependable, and committed to achieving organizational goals.

Overview

25
25
years of professional experience

Work History

Accountant

Self Employed
05.2021 - Current
  • -Dynamic freelance Accountant successful at managing multiple projects.
  • -Strong work ethic.
  • -Excellent communication skills.
  • -Extensive knowledge of accounting software and processes.
  • -Implementation of payroll systems and administer payroll functions
  • Maintain accurate accounting records for multiple clients in various industries including construction, sales and services, and medical professionals.
  • Creates and implements systems to streamline financial operations. Proposes solutions to manage cash flow problems, including preparation and interface with banking software. Prepares financial reports for business owners to assist them with making informed decisions regarding the financial operations of their businesses as well as refine accounting processes to promote efficiency, ensure data accuracy. Oversees the entire accounting process to include month end and year end closings. Prepares 1099s and W-2 at year end.

Director of Accounting

The Edge Recovery Holdings
11.2017 - 04.2022
  • Company Overview: The Edge Recovery Holding is a consortium of 4 Individual companies: -The Edge Recovery-This is a substance abuse treatment organization for both men and women. -The Foundation Medical Center-It is a comprehensive medical practice dedicated to promoting health, preventing disease, and managing chronic illness -The Empire Detox-Facility Provides medication and support for addictions on an outpatient basis. -Lioness Labs- This is a clinical laboratory is a facility that test various samples from the body to provide information for the diagnosis, prevention, or treatment of any disease or impairment of, human beings
  • Evaluated multiple Accounting software systems and recommended change and implemented new Accounting system
  • Liaised with senior management on financial matters, presenting regular updates and ensuring complete transparency regarding the company''s financial position.
  • Enhanced budgeting process for more accurate forecasting, resulting in better resource allocation and cost control measures.
  • Optimized cash management strategies by identifying investment opportunities for excess funds while maintaining adequate liquidity levels.
  • Collaborated with cross-functional teams to identify opportunities for operational improvements, leading to increased efficiency and cost savings.
  • Developed strategic plans for day-to-day financial operations.
  • Responsible for directing the recording and analysis of cash and banking information and maintaining the revenue stream in the appropriate companies
  • Evaluated the Payroll software and recommended an alternate software. Implemented and trained staff on the new payroll system.
  • Prepared internal and regulatory financial reports, balance sheets and income statements
  • Established accounting policies and procedures and ensured that the system of internal controls are compliant.

Accounting Manager

NationsHearing
04.2017 - 11.2017
  • Company Overview: NationsHearing is a privately owned company which provides a comprehensive and cost-effective model in the hearing aid market. The company focuses on a technology-driven approach for patients, health plans and providers while maintaining unmatched personalized care. The team has years of healthcare experience and includes doctors of audiology on staff to bring you the highest level of care available.
  • As the controller, this position heads the accounting department.
  • Guides financial decisions by establishing, monitoring, and enforcing policies and procedures. This is critical as the company is growing exponentially
  • Protects assets by establishing, monitoring, and enforcing internal controls.
  • Monitors and confirms financial condition by conducting audits, providing information to external auditors.
  • Responsible for the company’s financial statements, general ledger, cost accounting, payroll, accounts payable and receivable, budgeting and various analyses.
  • Managed journal entries, collection efforts, reconciliations, and payroll processing.
  • Maintaining communication with the newly developed subsidiary in India. Assisting with set up and operating the newly opened branch.

Assistant Controller

US Installation Group
05.2014 - 03.2017
  • Company Overview: US Installations Group has been an exclusive provider of Installation and Renovation Services for The Home Depot for over twenty years. The Group has expanded into markets across the United States from California to New York and many states in between and recently expanded into Kitchen/Bath renovations.
  • Ensured integrity of general ledger accounts through regular reconciliations, adjustments, and detailed documentation.
  • Streamlined month-end closing procedures, reducing time spent on manual tasks and increasing efficiency.
  • Supervises and trains personnel in accounts receivable and accounts payable and is the primary negotiator for new operational leases for the various locations as well as creating payment schedules for the department.
  • Works closely with the Billing department supervisor to ensure that the installers’ bills are paid out accurately and on time on a weekly basis. This is a high volume turn around and fast paced department which sometimes requires an additional body to step in at any stage of the process and provide support to meet the critical deadlines.
  • Approves and distributes all travel advances and bonuses to travelling installers and employees.
  • Works closely with the Compliance department to safeguard the integrity of the installers that are being placed on the rosters for the various locations.
  • Creates documents and implements internal controls and policies that are distributed to more than 40 field offices across the nation.
  • Created ad-hoc reports for upper management to support decision making during critical business periods.
  • Review the company’s accounting information to identify and resolve inaccuracies or imbalances.
  • Utilize accounting and IT systems to facilitate processes and maintain records.
  • Manage Human Resource Department focusing primarily on Payroll and Benefits. Hires and trains new HR personnel with all aspects of HR. Working with Third Party Payroll company to create and test interfaces with various software to facilitate efficiencies with the payroll process.
  • Works closely with the Compliance department to safeguard the integrity of the installers that are being placed on the rosters for the various locations. Assist with their background checks, and badges.

Senior Accounting Manager

Aguillex Inc. (Consolidated Water Co.)
02.2010 - 02.2014
  • Company Overview: Consolidated Water Co. Ltd. designs, builds, operates, and in some cases finances seawater reverse osmosis (SWRO) desalination plants and water distribution systems in several Caribbean countries. The Company was established in 1973 as a private water utility in Grand Cayman. The Company is listed on the Nasdaq Global Select stock market under the symbol "CWCO".
  • Participated in the preparation of SEC reports, including quarterly 10Q reports and 10K forms (annual reports), 8Ks and all other ad hoc statements.
  • Responsible for the overall accounting of 4 major subsidiaries located in Bahamas, Belize, Bimini, and Bermuda.
  • Researched and documented technical accounting issues for senior management and external auditors, including revenue recognition and purchase accounting.
  • Prepared, examined, and analyzed accounting records, financial statements, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
  • Developed, maintained, and analyzed budgets, prepared periodic reports that compared budgeted costs to actual costs.
  • Analyzed business operations, trends, costs, revenues, financial commitments, and obligations, in order to project future revenues and expenses or to provide information regarding future purchases.

Director of Accounting

Suncoast Holdings/ Guarantee Insurance Company
11.2006 - 12.2009
  • Company Overview: Guarantee Insurance Company provides workers’ compensation alternative market risk transfer solutions and traditional workers’ compensation insurance. GIC is licensed to write workers’ compensation insurance in 40 States.
  • Planned, organized, directed, and controlled the accounting department of the division, and reported operational results.
  • Performed and managed all Treasury functions and Investments for the company on a daily basis.
  • Ensured an accurate and timely monthly, quarterly and year end close for GAAP as well as statutory reporting.
  • Ensured the monthly and quarterly Bank Compliance activities were performed in a timely and accurate manner.
  • Supported the new budget and forecasting activities put forth by the V.P of Budgeting and Planning.
  • Collaborated with the other department managers to support overall department goals and objectives.
  • Monitored and analyzed department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.
  • Responsible for the Investment and cash section of the Statutory Financial statement reporting (Yellow Book).
  • Responded to inquiries from the CFO, Director of Finance, Controller, and other finance and firm wide managers both internally and externally regarding financial results, special reporting requests and provided ad-hoc reports as needed from both FRX and Great Plains.
  • Worked with the CFO to maintain a timely quarterly and year end audit both for the private audits as well as the state required audits.
  • Direct contact for IT in testing, and creating transitions to new systems. Main contact and trainee and troubleshooter for the accounting software.
  • Assisted in development and implementation of new procedures and features to enhance the workflow of the department.

Accounting Supervisor

Mail Terminal Services (Strategic Partner of DHL)
06.2004 - 11.2006
  • Developed and distributed first time financial reports to the Field and Upper Management.
  • Implemented a Critical Path to track month end closing activities.
  • Responsible for all month end and year end closing activities to include revenue recognition, cost analysis and adjusting entries.
  • Analyzed financials to identify all significant trends and variances of the key cost elements.
  • Consulted with location managers to develop a bottom up company budget.
  • Designed and implemented new reports in SAP to ensure consistency with results and evaluate process improvements and provided general training on SAP.
  • Maintain the integrity of the data in SAP through constant monitoring and updating of tables and generating related reports.
  • Provided guidance and training to AP staff and worked with the payroll department to consolidate company codes and create a general ledger upload.
  • Provided year end audit schedules to DHL- the strategic partner.
  • Supervised one staff accountant, 2 AP clerks and one clerical staff member.

Accounting Manager

Hair Club for Men and Women
02.2003 - 06.2004
  • Company Overview: Hair Club for Men and Women is the world’s leader in hair loss solutions. The company has been in business successfully for 20 years and plans to go public in the year 2005.
  • Responsible for overseeing all aspects of the accounting procedures as well as producing and assisting with the analysis of consolidated financial statements.
  • Supervised and provided training to 2 staff accountants and one senior accountant. Responsible for instilling a sense of quality in the products and services delivered from my group and ensured that the tools and techniques to attain this level of achievement were available to them so that they were able to accurately meet deadlines and detect fraud within the company (at least 4 investigations resulted in termination due to theft. The information was provided by this department).
  • Introduced the concept of inventory reporting, initiated inventory control procedures and responsible for company-wide inventory accuracy and valuation reconciliation.
  • Coordinated the set up of the new expansion project –Introduction of the company into the field of hair replacement by surgery- to Initiating the accounting procedures and controls for the new market of surgery operations with the onset of 15 current locations. Project included testing of surgery databases, setting up banking and payroll for the surgeons and their staff.
  • Special projects included automating banking reconciliations, sales taxes, setting up payroll models for locations to better understand operation costing and staffing requirements.

AR Accountant -> Staff Accountant -> Sr. Accountant

Siemens Building Technologies
03.2000 - 02.2003
  • Company Overview: Siemens Building Technologies, one of 14 Siemens operating companies in the U.S., a subsidiary of Siemens AG, one of the world’s largest electrical and electronic engineering firms.
  • Assisted with financial statement preparation and month end closing activities.
  • Recorded and maintained fixed assets schedule and transitioned schedule into database.
  • Analyzed, maintained and recorded revenue generated by monthly recurring services and new installations.
  • Administered the cash flow management system. Reconciled multiple bank accounts.
  • Provided support to the accounts receivable and accounts payable departments.
  • Reconciled and analyzed variances in inventory on a daily basis to uncover system errors due to the implementation of a new database.
  • Developed and implemented inventory control procedures throughout the company.
  • Developed reports in Crystal application to enhance inventory system accuracy, timeliness and ease of use.

Education

B.B.A - Accounting

Florida Metropolitan University
Fort Lauderdale, Florida

Skills

  • Accounting software to include Great Plains, SAP, AS400, MAS90, Quick-books, Peachtree, FRX Reporting
  • Accounting and bookkeeping
  • Financial reporting
  • Payroll administration-Installation, Implementation and Training
  • ERP systems proficiency-Installation and Implementation

Timeline

Accountant

Self Employed
05.2021 - Current

Director of Accounting

The Edge Recovery Holdings
11.2017 - 04.2022

Accounting Manager

NationsHearing
04.2017 - 11.2017

Assistant Controller

US Installation Group
05.2014 - 03.2017

Senior Accounting Manager

Aguillex Inc. (Consolidated Water Co.)
02.2010 - 02.2014

Director of Accounting

Suncoast Holdings/ Guarantee Insurance Company
11.2006 - 12.2009

Accounting Supervisor

Mail Terminal Services (Strategic Partner of DHL)
06.2004 - 11.2006

Accounting Manager

Hair Club for Men and Women
02.2003 - 06.2004

AR Accountant -> Staff Accountant -> Sr. Accountant

Siemens Building Technologies
03.2000 - 02.2003

B.B.A - Accounting

Florida Metropolitan University

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