Lavina Gopinath

• Played a key role in establishing and refining the revenue recognition process in collaboration with the Finance Manager and Group Financial Controller, ensuring compliance with accounting standards.
• Expertise in preparing comprehensive financial acquittals for various funders by ensuring accuracy and compliance with regulations and grant requirements. Collaborating closely with Project Managers and reviewing each detail to guarantee precision.
• Attention to detail while delivering financial acquittals to the administering institute/ funder and consistently meeting deadlines .
• Assisted in the preparation of budgets by providing comprehensive funding and revenue details to the Management Accountant from various funders, enabling accurate financial forecasting and informed decision-making.
• Implemented enhancements to internal reporting processes for statutory authorities, streamlining data collection, analysis, and submission procedures, resulting in improved accuracy, compliance, and efficiency.
• Tracked funds, prepared invoices and reconciled accounts receivable accounts. Successfully reduced outstanding invoices by implementing effective accounts receivable management strategies, resulting in improved cash flow.
• Proficient in utilizing financial software applications, including Great Plains and Jedox, to effectively manage financial data, streamline processes, and generate accurate financial reports.
• Conducting monthly GST reconciliation, ensuring accurate and timely reporting and compliance with tax regulations.
• Collaborated with the business development team to enhance the donation process, implementing streamlined financial procedures and contributing valuable insights from a finance perspective to support their new initiatives.
• Played an integral role in supporting audit requirements by providing essential documentation and promptly addressing revenue-related inquiries, ensuring a smooth and successful audit process.
• Enhanced financial decision-making capabilities by providing timely, accurate information to management through regular cash flow reports.

• Designing yearly budgets and preparing monthly & quarterly reports to compare actual KPIs with budgets and scrutinising variances internally, if any.
• Preparing customer pricing strategies & loss of business mitigation strategies for the marketing manager and business development manager. Using these techniques, increased the revenue of the company by approximately 20%.
• Designing internal budgets and allocating resources to various projects based on the key deliverables in order to meet project breakeven, thereby supporting time & cost savings.
• Played a vital role in introducing bookkeeping & consultancy services to SME's by contacting prospective clients. Created a robust process to strengthen customer satisfaction under the new service offering.
• Initiated time tracking system in the company to avoid over or under utilisation of employees' working hours.
• Responsible for weekly & monthly tasks such as preparing monthly financial reports, bank/cash reconciliations, monitoring accounts payable and accounts receivable using QuickBooks. Overseeing and maintaining bank relations.

• Directly assisted in obtaining credit facilities from multiple banks for new projects awarded to Petroserv in order to ensure the smooth running of the projects.
• Secured increases in the overdraft facilities & revolving loans offered to the company.
• Overseeing the applications of tender bonds and letters of credit for potential customers and regular
  project suppliers respectively.
• Proactively involved in transitioning from Buildsmart to SAP FICO (treasury & vendor management)
• Directly assisted management in vendor payment negotiations and acquired discounts of up to 10%.
• As part of the treasury management team, responsible for bank & petty cash reconciliations and
  overseeing and maintaining bank relations with the relationship managers at the banks.

• Lead staff responsible for the performance of all substantive audit procedures for multiple international mutual funds of a leading Chicago based multi-strategy mutual fund client.

• Actively involved in the audit of several U.S. and Canada based employee benefit plans.