Binaya Bhatta

Worked in the project for the organization that was under administration and acquired by another company. Responsibilities include assisting in the successful completion of administration and acquisition, coordinating financial due diligence and integration activities.

Key Responsibilites:

• Investigated daily variances and corrected errors to resolve discrepancies.
• Tracked business revenue and expenditures and reconciled accounts to maintain high accuracy..
• Collaborated with accounting manager to comply with governing bodies and limit regulatory risks.
• Initiated comprehensive account assessments to check viability, stability, and profitability of business operations.
• Analyzed economic stability and presented projected financial status of specific branches and overall company.
• Coordinated day-to-day financial procedures for 3 entities and trained new staff on payroll and invoice procedures.

Achievements

• Played a key role in the successful completion of administration and acquisition, coordinating financial due diligence and integration activities.
• Maintained integrity by reconciling accounts and reviewing expense data, net worth and assets.
• Prepared working papers, reports and supporting documentation for audit findings.

Responsibilities include general ledger maintenance, monthly close, Trial Balance and bank account reconciliations, processing payroll and preparation of financial statements.

Key responsibilities

• Analyzed, prepared, and reviewed the budget, revenue, expense, and various journal entries across a broad area of the balance sheet and income statement accounts.
• Performed the balance sheet reconciliation review, flash sales and sales reporting, sales and margin analysis by product, by channel, by geographical location.
• Developed amortization and depreciation schedules and maintain supporting schedules and reports.
• Monitored sales goals and calculated sales commissions with complex Excel spreadsheets.
• Assisted in creating budgets and forecasts for management group to meet regular accounting deadlines.
• Used Advance Excel, demonstrated advanced knowledge of large ERP and accounting systems.

Achievements

• Successfully delivered weekly and monthly reporting for 7 different entities within strict deadlines.
• Using advance Excel formulas and analytical skills, I could deliver numerous adhoc reports to
  executives and line managers.
• Quickly adapted with Hospitality Industry and working with numerous ERPs and branches across the
  country.

Responsibilities include all aspect of accounting functions including budget, cost allocation, financial statement reporting, expense tracking, variance analysis, updating policies and procedures.

Key responsibilities

• Analysed and prepared monthly financial statements, balance sheet reconciliations, and internal financial management reports such as sales/margin detail analysis and commission analysis.
• Created budget reports, variance analysis, cash flow analysis and profit and loss statements for management
• Implemented MS Excel macro to reduce 10 man-hours for processing journal entries.
• Assisted in implementing new financial system throughout integration testing.
• Prepared, processed, and maintained fortnightly payroll for over 100 employees using Elmo payroll system.
• Reconciled accounts payable, accounts receivable, capital, and Fixed Assets using trial balances and general ledger reports.

Achievements

• Reconciled lengthy report spanning 6 years, within record time of 3 days.
• Assisted in implementing new accounting software, which reduced manual errors by 20% and sped up data entry process.
• Assisted in implementing in house payroll system, which reduced payroll processing by 2 days.

Responsibilities include payroll processing, maintaining payroll information, month end closing including closing entries, expense analysis, expense accruals and detailed variance analysis for 12 different sectors.

Key responsibilities

• Prepared monthly financial reports to provide relevant and timely information to management team and board of directors.
• Monitored monthly expenditure against budgets and performed variance analysis.
• Managed weekly payroll for 2000 plus shifts by processing in 3 different systems.
• Reviewed payroll summaries to ensure all hours paid match timesheets and are paid according to relevant award.
• Developed and performed data validation processes, utilized MS Excel pivot tables, Vlookups, SumIfs and macros to analyse high volume activity, creating journal entries and performing reconciliations.
• Worked closely with payroll, accounts receivables, accounts payable and other departments in organisation to create more consistent flow of information.

Achievements

• Optimised reporting and journaling process by removing lengthy extracting, copying and pasting process to few mouse clicks with simple VBA codes in MS Excel.
• Created visually impactful dashboards in Excel for data reporting by using pivot tables and Vlookup. Extracted, interpreted and analysed data to identify key metrics and transform raw data into meaningful, actionable information.
• Reversed history of receiving substantial queries by providing accurate weekly payroll reports immediately after payrun to 12 different sectors containing 250 plus cost centres.

Responsibilities include processing journal entries, adjusting and closing entries, reconciling and analysing GL accounts, researching and correcting discrepancies, and preparing and analysing monthly financial statements.

Key responsibilities

• Prepared and submitted monthly bank reconciliations for 12 stores and presented for management review.
• Prepared monthly profit and loss variance analysis and meeting with management to determine cause of variance.
• Reconciled all revenues collected on daily basis and check balance against accounting receipts.
• Performed balance sheet reconciliations, month end accruals and amortization of prepaid expenses.
• Reviewed, calculated and processed approved invoices for payment and monitored flow of all payments.
• Reviewed accounts receivable ageing for past due accounts. Contacted past due customers regarding overdue accounts.

Achievements

• Consistently met all deadlines while taking 50% additional duties.
• Mentored and trained new team members and worked collaboratively with existing members.
• Awarded employee of the month twice.

Responsibilities include performing numerous accounts payable functions, including processing pay runs on weekly basis, investing past due notices and payment discrepancies, and verifying and coding expenses.

Key responsibilities

• Accurately coded and processed 100% of vendor invoices, and matched invoices to purchase orders and receiving documents.
• Managed accounts payable inbox, responding to inquiries of vendor activity, invoice statuses, past due issues, and statement reviews.
• Reconciled expense reports, and coded expenses to proper GL code
• Reconciled vendor statements, and investigated and corrected any discrepancies within 48 hours.
• Assisted in month end tasks to finalize AP module, create accruals and account for prepayments.
• Created and maintained vendor files, including tax and insurance information.

Achievements

• Awarded merit-based scholarship of 12K towards study cost of Master of Professional Accounting.
• Conducted vendor reconciliation and identified unused credit of 28K with Travel Card and 7K of duplicate charge from Information service consultant.
• Assisted project team with migrating data from legacy system to Technology one ensuring opening balance and vendor accounts are accurate.