Arpitha Kuruvery Bhat
Merimbula,NSW
Summary
Proven accountant with a track record of enhancing financial accuracy and decision-making at LUG International Transport W.L.L. Expert in bank and account reconciliation, financial reporting, and maintaining stringent confidentiality. Demonstrated ability to improve reporting accuracy by meticulous analysis, achieving efficient workflow optimization. Skilled in negotiating with vendors to reduce expenses, showcasing exceptional time management and attention to detail.
Overview
8
8
years of professional experience
Work History
Accountant/ Internal Auditor
LUG INTERNATIONAL TRANSPORT W.L.L
12.2018 - 07.2023
- Handled day-to-day accounting processes to drive financial accuracy.
- Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
- Gathered financial information, prepared documents, and closed books of accounts.
- Produced Financial Statements to the Management.
- Showcased excellent time management skills by prioritizing tasks effectively, meeting deadlines consistently.
- Demonstrated attention to detail while performing bank reconciliations, identifying any discrepancies between bank statements and internal records accurately.
- Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, and cash, and banking reconciliations.
- Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
- Collaborated with external auditors during the annual audit process to provide necessary documentation and address any concerns or findings promptly.
- Maintained accurate records of fixed assets, including acquisition costs, depreciation schedules, and current values for insurance purposes.
- Detected and corrected mistakes early on and implemented systems to avoid recurring issues.
- Improved financial reporting accuracy through meticulous data analysis and reconciliation efforts.
- Enhanced financial decision-making capabilities by providing timely, accurate information to management through regular performance reports.
- Reduced expenses by negotiating with vendors for better pricing and terms on services and supplies.
- Dealt with receivables, followed up for payment and visited customers when required. Conducted AR Meetings with the team.
- Ensured payment is released to Suppliers based on credit terms.
- Performed internal audits of financial and departmental operations, developing risk assessments and conducting process walkthroughs for compliance with documented processes.
- Contributed to a positive work environment by collaborating effectively with colleagues across all levels of the organization.
- Trained newly hired employees on company processes, procedures and deadlines.
- Conducted training sessions for staff members on best practices in internal auditing, fostering a culture of continuous improvement.
- Prepared working papers, reports and supporting documentation for audit findings.
Articleship Trainee
Bhat Associates
11.2015 - 11.2018
- Reduced errors in data entry by implementing thorough verification processes for accurate recordkeeping.
- Maintained confidentiality of sensitive information while handling client accounts, adhering to strict ethical standards at all times.
- Optimized workflow efficiency by organizing files and documents electronically for easy access during audits or assessments.
- Passed journal entries, Maintained General and Subsidiary ledgers, Bank reconciliations, Handled Cash collection and petty cash, Managed Account Payables and Account Receivables.
- Conducted Statutory Audit of few companies where I had to,
1. Verified Vouchers, Bills and Books of Accounts.
2. Verified whether it complies with Rules made under Income Tax Act, 1961 and Companies Act, 2013.
3. Prepared Financial Statements as per Schedule III of Companies Act, 2013.
4. Preparated Audit Report.
5. Reconciled Bank statements, supplier accounts and Inter-branch transactions.
6. Ensured all transactions, provisions and accruals are accounted properly.
Education
Intermediate (Integrated Professional Competence) -
The Institute of Chartered Accountants of India
India01.2017
Bachelor of Commerce -
Mangalore University
Mangalore, Karnataka, India06.2015
Skills
- Accounting and bookkeeping
- Accounts Payable and Receivable
- Monthly closing process
- Financial Reporting
- Bank Reconciliation
- Account Reconciliation
Accomplishments
- Handled multiple task in the absence of co workers and produced Financial statements to the Management within the set time limit and Received Performance Appreciation Award for completing work.
- Promoted as Internal Auditor and assisted the new joiners and supervised their work. Supervised team of 5 staff members.
- Handled and resolved the Number of discrepancies.
Timeline
Accountant/ Internal Auditor
LUG INTERNATIONAL TRANSPORT W.L.L
12.2018 - 07.2023
Articleship Trainee
Bhat Associates
11.2015 - 11.2018
Intermediate (Integrated Professional Competence) -
The Institute of Chartered Accountants of India
Bachelor of Commerce -
Mangalore University
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