NILAM PANCHAL
Brampton
Summary
Diligent Accountant with strong accounting background and proven industry expertise. Monitored business operations and regulatory compliance for large corporations. Superior account management and reconciliation skills leading to achievement of desired results.
Overview
14
14
years of professional experience
Work History
Account Payable Coordinator
Stackteck System Ltd
02.2024 - Current
- Managed vendor relationships, ensuring prompt responses to inquiries and resolving disputes.
- Coordinated with other departments as needed for approval or clarification on invoiced items, promoting effective cross-functional collaboration throughout the organization.
- Processed check disbursements and reconciled related ledger.
- Assisted with month-end closing tasks, ensuring timely completion of financial statements.
- Reduced late payment fees through timely and accurate invoice management.
- Reviewed open purchase orders for integrity, accuracy and completeness of vendor information.
- Facilitated timely payments by monitoring accounts payable aging reports and prioritizing high-risk items.
- Provided regular updates on outstanding invoices to management, enabling informed decision-making regarding cash flow management strategies.
Account Payable Clerk
Indigo Books & Music.
05.2023 - 02.2024
- Review expense invoices for appropriate approval levels and correct coding
- Identify issues with invoices and follow up with vendors and/or home office personnel
- Review vendor (trade) invoices to ensure they are released in a timely manner based on store or DC receipt information
- Identify exceptions on invoices with regards to price and/or quantity differences and generate the appropriate debit notes
- Input non-EDI invoices into SAP on a weekly basis
- Conduct statement reconciliations as required
- Open mail & sort invoices for payment into respective area of responsibility
- Review & ensure coding is correct
- Ensure appropriate approval exists per corporate guidelines, escalate as required
- Key-in invoice into SAP within approved limitations (direct & via win shuttle)
- File invoices
- Conduct Vendor follow-ups-return calls as required (Level 1)
- Act as an advocate for the customer by placing them at the forefront of all decision-making and design processes
- Proactively identify and anticipate customer expectations and needs.
Account Payable Clerk
High Performance Glazing Inc.
11.2022 - 04.2023
- Completes payments and controls expenses by receiving, processing, verifying, and reconciling invoices
- Monitor & reconcile Bank and Credit card account daily & monthly basis
- Pays vendors by monitoring discount opportunities, verifying federal id numbers, scheduling and preparing checks, and resolving purchase order, contract, invoice, or payment discrepancies and documentation
- Accomplishes accounting and organization mission by completing related results as needed.
Accountant
Prolite Accounting subsidiary of Magnet Financial Service Inc.
06.2022 - 10.2022
- Maintained accurate accounts for cash, fixed assets and other transactions
- Oversaw full accounting cycle and prepared applicable financial statements
- Analyzed balance sheets for mistakes and inaccuracies
- Updated and managed accounts payable databases, employing access controls to protect data
- Wrote reports, authored papers and organized supporting documentation
- Collaborated with external partners to complete audits
- Gathered banking transactions via statements, recorded activity in Excel format and reconciled balances
- Delivered a superior level of customer service to small business clients
- Prepared monthly and year-end closing statements, financial documents and invoices.
Bookkeeper
The Fern an Ecotel Hotel
02.2013 - 12.2016
Accountant
Fortune Landmark
01.2011 - 02.2013
Education
Graduate Certificate - Accounting
St. Gabriel Adult Learning Center
Mississauga, ON08.2022
MBA - Finance
Indian School of Business Management
Maharashtra, India04.2015
DCM College of Commerce
04.2006
Skills
- Bookkeeping
- AP and AR Expertise
- Month-End Documentation
- Bank & Credit card Statement Reconciliation
- Account Auditing
- Financial Recordkeeping
- Financial reporting
- SAP, QuickBooks, Money Works, MS office, Sage 50 Data Analysis, Visibility
- Audit Support
- Creative Problem-Solving
- Attention to Detail
- Time Management
- Proactive and Self-Motivated
- Bank Reconciliation
- Payment tracking
- Payment Scheduling
- Invoice Processing
- Account Reconciliation
- Invoice Coding
- Expense Tracking
- Recordkeeping expertise
Languages
English
Hindi
Gujarati
Timeline
Account Payable Coordinator
Stackteck System Ltd
02.2024 - Current
Account Payable Clerk
Indigo Books & Music.
05.2023 - 02.2024
Account Payable Clerk
High Performance Glazing Inc.
11.2022 - 04.2023
Accountant
Prolite Accounting subsidiary of Magnet Financial Service Inc.
06.2022 - 10.2022
Bookkeeper
The Fern an Ecotel Hotel
02.2013 - 12.2016
Accountant
Fortune Landmark
01.2011 - 02.2013
Graduate Certificate - Accounting
St. Gabriel Adult Learning Center
MBA - Finance
Indian School of Business Management
DCM College of Commerce
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