Karan Shah
Toronto,Canada
Summary
Results-driven Client Manager with deep expertise in QuickBooks Online and data analysis at The Profit Line. Achieved a 35.7% increase in efficiency through streamlined financial processes. Skilled in cultivating strong client relationships and leading teams to exceed financial and operational goals. Proficient in bank reconciliations and financial statement preparation, ensuring precision and attention to detail.
Overview
8
8
years of professional experience
Work History
Client Manager
The Profit Line
Toronto, Canada
04.2023 - Current
- Processing financial transactions and validating, classifying, posting, and recording those transactions accurately for 4-6 clients in a month frequently.
- Managing customer invoices, monitoring collections, and ensuring the timely receipt of payments with the highest level of accuracy.
- Managing inter-company transactions between multiple entities.
- Maintaining meticulous records of outstanding payables, managing timely payments, and verifying the information from vendors.
- Month-end procedures: Month-end journal entries, preparation of schedules, and monitoring of financial activities.
- Securing and maintaining records, complex journal entries, workings, and proper documentation of the processes.
- Conduct voluminous bank reconciliations, and investigate the discrepancies and query resolution.
- Reconciliation of different kinds of bank accounts, credit card statements, payment clearing accounts, and payment gateway entities.
- Reconcile vendor statements, maintain accounting ledgers with precision, and record journal entries wherever applicable.
- Payroll processing in Wagepoint and Ceridian for different clients.
- Provided support during the external audit process by preparing required schedules and analyses requested by auditors.
- Assisted clients in determining business strategy and achieving profitability goals.
Accounting Analyst
Laabdhi Outsource India Services Pvt. Ltd.
Thane, India
10.2019 - 12.2022
- Analyzed and reconciled bank statements, ledger accounts, customer accounts and vendor accounts
- Single handedly managed and performed profuse accounting, payroll and bookkeeping services for the client such as recording customer invoices and vendor bills in the accounting system, maintaining staff details
- Putting rigorous efforts in resolving all the discrepancies or issues that arise from reconciliations and analysis of the books
- Provided financial information to senior management to strategize financial and operational goals of the client
- Providing support to team members on special projects, financial and operational analyses alongside other ad-hoc requests
Accountant
Reliable Holdings Pty. Ltd.
Melbourne, Australia
08.2016 - 06.2019
- Assisting the Senior Accountant with tasks of Book-keeping and also preparing weekly, monthly and yearly statements
- Supporting employees in preparing tax returns and assist in tax planning by recommending relevant investment options and appropriate deductions
- Recording and analyzing the company's income, expenditure and operating costs and formulating necessary budgetary control measures to provide greater efficiency to the company
- Providing assistance in preparation of financial statements such as Income & Expense Statement and Balance Sheet with proper supervision of Senior Accountant
Education
Master of Accounting and Financial Management - Accounting And Finance
La Trobe University
Melbourne, Australia12.2015
Bachelor of Commerce - Accounting
University of Mumbai
Mumbai, India03.2011
Advanced Diploma of Leadership and Management - Organizational Leadership
International College of Melbourne
Melbourne, Australia06.2019
Diploma in Event Management - Event Management
EMDI Institute of Media And Communication
Mumbai, India03.2010
Skills
- QuickBooks Online
- Payroll
- Advanced MS Excel
- Xero
- Accounts Payable Management
- Bank Reconciliation
- MS Office
- Cash Management(Plooto, Float, Credit Card)
- Accounts Receivable Management
- Credit Cards Reconciliation
- Data Analysis
- Stripe
- HST/GST Filing
- General Ledger Management
- Variance Analysis
- Dext
- Budgeting
- Data Visualisation
- Month-end and year-ends
- Financial statement preparation
- Forecasting
- Software Implementation
Languages
English
Native/ Bilingual
Timeline
Client Manager
The Profit Line
04.2023 - Current
Accounting Analyst
Laabdhi Outsource India Services Pvt. Ltd.
10.2019 - 12.2022
Accountant
Reliable Holdings Pty. Ltd.
08.2016 - 06.2019
Master of Accounting and Financial Management - Accounting And Finance
La Trobe University
Bachelor of Commerce - Accounting
University of Mumbai
Advanced Diploma of Leadership and Management - Organizational Leadership
International College of Melbourne
Diploma in Event Management - Event Management
EMDI Institute of Media And Communication
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