Great plains accounting software
Manjyot S. Daid
Montreal,QC
Summary
Detail-oriented accounting graduate with a Bachelor's degree in Accounting and over 9 years of progressive experience across diverse sectors. Proven track record in collections, having spent 4 years in an IT company, followed by 3 years as an Accounts Receivables Manager in a private educational institution. Currently serving as a Bookkeeper in the apparel industry for the past 2 years. An adaptable and resourceful professional, with expertise in optimizing financial operations and strong track record in managing accounting processes ensure compliance with industry standards and drive accuracy and efficiency in all financial operations.
Overview
9
9
years of professional experience
Work History
Bookkeeper
Boston Traders Canada Inc.
Montreal, Quebec
8 2022 - Current
- Streamlined bookkeeping processes by smoothly transitioning from Jonar to QuickBooks Online and implementing new accounting software, resulting in increased efficiency.
- Supported year-end closing procedures by preparing and posting adjusting journal entries.
- Reviewed and filed financial documents, coded accounting entries for data processing, and posted daily receipts and payments in accordance with corporate protocols.
- Managed accounts payable and receivable activities, maintaining vendor relationships and ensuring positive cash flow.
- Analyzed financial data to assist in budget creation and forecasting.
- Completed sales tax remittances in compliance with legal regulations for U.S. and Canadian companies.
- Collaborated with external auditors to facilitate annual audit process, providing necessary documentation as required.
- Prepared monthly bank reconciliations to ensure accurate representation of company’s financial position.
Accounts Receivable Manager
Hermes Colleges Network
Montreal, Quebec
01.2020 - 04.2023
- Streamlined invoicing and payment systems, resulting in improvement in cash management and a quicker payment turnaround time.
- Reduced outstanding account balances by 30% through diligent follow-up on past-due invoices, leading to improved cash flow.
- Negotiated payment terms with clients, facilitating agreements such as 30-day payment schedules that aligned with company profitability goals while maintaining client satisfaction.
- Implemented training programs for new hires in the accounts receivable department, enhancing onboarding efficiency and ensuring consistent quality standards across the team, resulting in reduction in training time.
Junior Accountant
MindGeek
Montreal, Quebec
10.2018 - 11.2019
- Assisted the senior accountant in the month-end closing process by performing reconciliations and conducting detailed account analyses.
- Prepared and filed U.S. sales and use tax returns on a quarterly basis, ensuring compliance with all regulations.
- Maintained accurate general ledger entries by regularly updating account reconciliations and making timely journal adjustments.
- Prepared comprehensive financial reports for senior management, delivering insights into budgetary performance that led to a 10% reduction in unnecessary expenditures.
- Enhanced the efficiency of month-end closing procedures through proactive deadline management and thorough audit preparation, reducing the overall closing cycle from 10 days to 7 days.
Collections Specialist
MindGeek
Montreal, Quebec
02.2016 - 10.2018
- Identified high-risk clients and provided detailed summaries of their financial situations to the accounting and sales managers, resulting in proactive measures that mitigated potential losses of up to $ 200,000.
- Recommended and implemented a prepayment procedure, reducing the risk of incurring bad debt by 25% and improving cash flow by $50,000 within six months.
- Reduced delinquency rates by 50% through effective collection strategies, such as targeted follow-up calls and personalized payment plans, which improved overall collections by $50,000 annually.
- Streamlined the collections process by creating and maintaining comprehensive records of customer account statuses and communications, resulting in reduction in the average time to resolve overdue accounts.
- Developed customized reports for management that tracked key performance indicators related to collections efforts, leading to an increase in collection efficiency and enhanced strategic planning.
Education
Bachelor of Commerce - Accounting
Saint Mary's University
Halifax, NS 01.2011 - 2014.10
Software
Quickbooks accounting software
Microsoft Office Suite
Timeline
Accounts Receivable Manager
Hermes Colleges Network
01.2020 - 04.2023
Junior Accountant
MindGeek
10.2018 - 11.2019
Collections Specialist
MindGeek
02.2016 - 10.2018
Bachelor of Commerce - Accounting
Saint Mary's University
01.2011 - 2014.10
Bookkeeper
Boston Traders Canada Inc.
8 2022 - Current
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