Summary
Overview
Work History
Education
Skills
Hobbies
Timeline
Generic

Saumya Premkumar

Melbourne,VIC

Summary

Hello, my name is Sammy, and I am 24 years old, born and raised in Auckland, New Zealand. I made the decision around mid last year to make the move to Melbourne, Australia to open myself up to greater career opportunities. I attended Macleans College where I received an exceptional high school education, then continued my studies at the University of Auckland, where I graduated with a Bachelor of Commerce, majoring in accounting. Since then, I have decided to further my learning and have commenced my studies with CPA Australia, working towards gaining my CPA accreditation. Throughout the last few years, I have gained valuable knowledge and experience from various roles in and around finance and accounting, that I have used in order to excel in the workplace.

Overview

6
6
years of professional experience

Work History

Assistant Accountant

Ecovantage
08.2023 - 07.2024
  • Managed the finance and accounting aspects of the commercial projects division of the business : I was solely responsible for ensuring that all revenue and costs were coded and accounted for appropriately on an ongoing basis for this division. This included invoicing as per the signed proposals, processing journals to recognise costs for completed jobs on the P+L, monitoring ongoing and incomplete jobs against the budget and coordinating with the project managers on the job status,
  • Provided monthly reporting for senior management : Calculated and presented information on the budgeted vs. actual figures of the the completed commercial projects for that month. This included commentary and explanations, that presented senior management with full insight on the happenings within the division. Most important was understanding the requirements of management that would help facilitate their decision making and presenting the most relevant and detailed information to assist this process,
  • Processed commissions : Calculated the commissions payable for sales employees within the commercial division for projects that were eligible for payment each month. Presented the final figures with relevant information and documents to the division manager for approval before submitting to HR for payment.
  • Undertook responsibility in monitoring the accounts receivable : This included communicating with the relevant team members to gain insight towards the payment status of receivables, as well as chasing up overdue accounts directly. Positive interactions and flowing communication with clients and customers was a vital aspect to the task.
  • Processed the weekly payables via Commbiz : This involved ensuring there was enough cash in the bank, otherwise allocating certain allowed payables to be delayed in payment, to coincide with the cash inflows for that week to help maintain the bank balance above the overdraft. Continuing constant communication with the account managers of certain payables, as well as directly with the external supplier in order to maintain a healthy relationship was held at high importance.
  • Cash flow reporting : Assisted in reporting actual cash flow figures for the previous week, as well as updating reporting to accurately reflect expected future cash inflows and outflows.
  • BAS : Processed BAS payment calculations and assisted in lodging the relevant information with the ATO every month.
  • Balance sheet reconciliation : Completed a full and in depth balance sheet reconciliation each month, conferring with others in the team to resolve any discrepancies or complications.
  • Monitored and maintained the prepayments account : Ensured that repeating journals were set up for recurring expenses and that expenses were appropriately coded to their respective expense account in the correct month.
  • Month end tasks : Assisted in other usual month end tasks, including reconciliation of the bank account, processing depreciation on assets, monitoring WIP accounts, etc.
  • Xero : Software used

Assistant Accountant

Pacific Flavours & Ingredients
05.2022 - 05.2023
  • Bi-monthly GST : This involves organizing reports via our accounting software to account for all taxable sales and purchases in the GST period, checking over all the data briefly to ensure everything has been entered in and coded correctly, then extracting the relevant information to an external report and calculating the right GST payable amount. Finally, we use this figure to submit to the IRD.
  • Bank reconciliation : The bank reconciliation is done every 2-3 days in efforts to keep on top of it and ensure that all data is being recorded accurately. This also helps to investigate anything concerning and immediately resolve.
  • Company credit card reconciliations : Both staff and shareholder credit cards are reconciled monthly and coded to the appropriate account. All expenses are evaluated and verified for accuracy, with proof where applicable.
  • Liaise with stakeholders : Positively interacted with all partners, employees and suppliers using exemplary communication and interpersonal talents.
  • Stock accounting : This regards keeping track of stock volumes in the warehouse and ensuring the right movement through the accounts is being recorded that accurately reflects the physical movement through the warehouse. This focuses around both inward and outward goods as well as returns, credits and damaged goods.
  • Supplying reports for management : Completed financial reports to inform managers. Personal judgement and knowledge must be utilized in order to decide what information will most accurately and clearly assist management.
  • Organising month-end invoices/statements/reports : Monitored status of accounts receivable and payable to facilitate prompt processing. In terms of payables, this includes checking all supplier statements, ensuring the system matches per each invoice and that everything is ready for payment on the 20th or EOM. Sometimes this will require some investigation internally, and occasionally externally, to reconcile any differences. For receivables, this involves noting payments received into the bank, and recording it into the system. Statements are created and checked before being sent out on the first working day of the month. Customers who are overdue on payment, based on an ageing receivables report, will be followed up on.
  • Quickbooks and Fishbowl : Accounting software and stock software used.

Accounts Payable Officer

Omnicom Media Group
05.2021 - 05.2022
  • Reconciling invoices against internal holdings : Managed accurate and timely processing of over 400 invoices per month. This involves reconciling supplier statements, against our internal holdings, ensuring the amount, plan number, client, date and campaign description all align, per invoice.
  • Raising queries and resolving discrepancies : In the event that there is any discrepancy between the invoice and the internal holding, the relevant media account manager is followed up on in order to resolve in a timely fashion. This involves a great level of communication and back and forth until a resolution is agreed on.
  • Meeting various monthly deadlines : Due to the final reconciliations going through an approval process, there are various multiple deadlines, based on the type of supplier. This requires a great level of organization and prioritising, in order to ensure that all deadlines are met.
  • Processing payments and credits : After the reconciliation is complete, for each of the supplier accounts handled, payment is also processed through either eCash or ANZ. For eCash payments, a properly coded excel sheet, following the template of former sheets, is created to be uploaded.
  • Pegasus & Ferret : Software used.

Administration Assistant

HFC
05.2019 - 05.2021
  • Monthly invoicing : This involves gathering time sheets and other relevant information from the engineers in order to create and send out complete and accurate invoices to clients.
  • Creating Producer Statements : Once work on site is complete, Producer Statements are created by accurately filling in relevant information into a template. Accuracy is vital in order to maintain efficiency and procedure.
  • Data entry : Ensuring the correct information is entered into the system to reflect an accurate picture of the happenings within the company. Worked with supervisors and management to maintain status reports and update information for client projects.
  • Xero & Workflow Max : Accounting and management software used

Assistant Accountant

Greenlane Chartered Accountants
04.2018 - 06.2018
  • Tax return reports of rental properties : Creating reports on MYOB for tax returns of various rental properties owned by many different clients. This involves finding relevant data through what is provided, including bank statements, receipts, journals, etc.
  • Data entry : Great volumes of data entry occurs in the tax return report process as all information must be accurately entered into the system in order to achieve an error-free result.
  • Bi-annual GST calculations : Assisted the accountants in the collection of information for bi-annual GST calculations.
  • Contacting and communicating with clients : Constant communication with clients is necessary in order to gain further information not already provided as well as providing explanations and information the client needs.
  • MYOB : Accounting software used

Education

Bachelor of Commerce - Accounting

University of Auckland
Auckland, NZ
06.2021

High School Diploma -

Macleans College
Auckland, NZ
11.2017

Skills

  • Balance Sheet Reconciliation
  • Month-end processing and reporting
  • BAS
  • Bank Reconciliation
  • Xero, MYOB, Quickbooks, Excel
  • Accounts Payable and Receivable
  • Invoice Processing
  • Data Entry
  • Journal Entries

Hobbies

I enjoy going to the gym several times a week, as well as engaging in other physical activity in order to stay fit and healthy, such as going for walks. I would also consider myself a foodie, always searching to try out new restaurants and interesting dishes.

Timeline

Assistant Accountant

Ecovantage
08.2023 - 07.2024

Assistant Accountant

Pacific Flavours & Ingredients
05.2022 - 05.2023

Accounts Payable Officer

Omnicom Media Group
05.2021 - 05.2022

Administration Assistant

HFC
05.2019 - 05.2021

Assistant Accountant

Greenlane Chartered Accountants
04.2018 - 06.2018

Bachelor of Commerce - Accounting

University of Auckland

High School Diploma -

Macleans College

Similar Profiles

CREATE PROFILE
Saumya Premkumar