PRIYANKA BANSAL
Brampton,Ontario
Summary
Dedicated finance professional with history of meeting company goals utilizing consistent and organized practices. Skilled in working under pressure and adapting to new situations and challenges to best enhance the organizational brand. Further, a versatile finance professional with background in banking and finance both. Ready to tackle new challenges in position where talents in will be valuable.
Overview
6
6
years of professional experience
Work History
CREDIT MANAGER
ICICI BANK
BATHINDA, PUNJAB
03.2022 - 08.2022
- Wrote and implemented standard operating procedures for credit personnel to achieve consistency in unit operations.
- Oversaw reporting, documentation and recordkeeping requirements for department.
- Reported key performance indicators to department heads for management of positive cash flow and to adjust credit risk policies and procedures.
- Developed strategies to expedite payments and customer resolutions.
- Obtained and interpreted financial statements to assist in credit limit reviews.
- Compiled data critical to analysis of annual bad debt.
- Streamlined processes for early identification of potential credit system and monitoring problems.
- Attended ongoing professional training to facilitate accurate and productive credit management.
- Reviewed and analyzed loan procedures.
- Collected data and performed trend and variance analysis to mitigate risk arising from bad debt.
- Use Finnone, i-view, aps, apms, r-los etc to perform credit appraisals, document verification and loan approvals.
- Collaborated with management to evaluate credit strategies and develop improvements.
- Obtained and reviewed credit reports, credit references, credit insurance and financial statements to establish credit limits for new accounts.
- Investigated and evaluated customers for creditworthiness and potential risk factors by analyzing applicants' financial status and credit and property evaluations to determine loan feasibility.
- Optimized credit approval and collection processes, improving operational efficiencies by over 40% and thus reducing the overall TAT by 60%.
- Within 6 months have trained 3 new joinees under my supervision.
Office Manager
BGMG And ASSOCIATES
MANSA, PUNJAB
01.2021 - 02.2022
- Executed vendor setup and payment, administration of bank accounts and account reconciliations.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Reviewed documentation and identified financial discrepancies where applicable.
- Forecasted trends and recommended improvements based on financial risk analyses.
- Assisted staff with questions about budgets, disbursements and other financial matters.
- Processed payroll for employees and reported payroll taxes for organization.
- Supported year-end audits by preparing physical and digital records for review.
- Analyzed monthly balance sheets, income statements and cash flow information and wrote up reports.
- Performed routine closings, maintained clean, accurate and accessible records and kept close eye on transaction updates throughout each quarter.
- Improved overall financial reporting by streamlining control processes and reporting structures.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
- Developed strategic plans for day-to-day financial operations.
- Identified improvement changes regarding key processes for internal controls and accounting procedures.
- Performed spending analysis and partnerships to refine policies and develop recommendations for improvement.
- Supported financial director with special projects and additional job duties.
- Oversaw high-volume accounting operations with 50-person team focused on efficient budget administration, AP/AR and other financial management needs.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
Audit and Tax Consultant
SHIV JINDAL AND CO
BATHINDA, PUNJAB
12.2018 - 12.2019
- Interviewed clients to obtain additional information on taxable income, deductible expenses and allowances.
- Furnished taxpayers with sufficient information and advice to facilitate correct tax form completion.
- Conducted technical and analytical reviews of tax returns to check for accuracy and qualified deductions.
- Reported ROIs using Excel spreadsheets.
- Used appropriate adjustments, deductions and credits to keep client's taxes to minimum.
- Used accounting software to issue tax returns and prepare consolidated reports.
- Reviewed accounts, resolved coding areas and tracked recurring expenses for accrual entry.
- Upheld strict confidentiality protocols with client details and tax return information.
- Suggested key budgetary changes to increase company profits.
- Provided journal entries and performed accounting on accrual basis.
- Researched technical tax issues to define tax effect or impact of certain tax positions.
- Collaborated with accounting manager to comply with governing bodies and limit regulatory risks.
- Identified audit risks, prepared budgets and coordinated with management and audit team in preparing related reports.
- Computed taxes owed by applying prescribed rates, laws and regulations.
- Worked with management at project level to achieve expense plans.
- Initiated comprehensive account assessments to check viability, stability and profitability of business operations.
- Trained new employees on accounting principles and company procedures.
ARTICLE ASSISTANT
SHIV JINDAL AND CO
BATHINDA , PUNJAB
02.2013 - 02.2016
- Maintained records and files to furnish reliable documentation.
- Compiled general ledger entries on short schedule with 100% accuracy.
- Leveraged software system to enter and process data.
- Prepared reports and materials to assist with audits.
- Reviewed customer accounts to identify and resolve irregularities.
- Reconciled statements to resolve discrepancies.
- Reconciled worksheets to verify accuracy of documents or records.
- Performed administrative tasks and served as backup to facilitate office operations.
- Maintained up-to-date knowledge of tax codes, legislation and tax programs.
- Facilitated financial and operational audits, working with internal and external managers to communicate recommendations or issues surrounding audits.
- Diminished outstanding debts by analyzing accounts for issues.
Education
CHARTERED ACCOUNTANT - FINANCE, AUDIT, ACCOUNTS AND TAXATION
INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
INDIA 08.2019
BACHELOR OF COMMERCE - FINANCE, ACCOUNTS, AUDIT, TAXATION
DELHI UNIVERSITY
DELHI 02.2014
Skills
- Advanced Excel, Microsoft Outlook
- Cost Data Analysis
- Business Relationship Management
- Accounting Techniques
- Financial Management
- Team-Building Leadership
- Creditworthiness Evaluations
- Accounting
- Active Listening
- Time Management
- Complex Problem-Solving
Accomplishments
- · Detected an income leakage of around Rs 100000/- during bank audit on account of excess drawings in cash credit account not charged with additional interest.
- Achieved TAT(Turn around time) by completing work with accuracy and efficiency.
- Detected One time settlement entries in savings statement of customer which was linked with his father settlement loan. Further during visits to customer place has detected customer worthiness and saved bank from lending loan to Fraud person.
- Received Rs 500000/- GST refund for M/s. Gaheer Agriculture works, Mansa under inverted duty structure scheme.
- Analyzed client accounts using MS Excel and was able to identify the lower- performing accounts. Using this data, I was able to improve these accounts increasing average client revenue by 16%.
- Improved relationship with accounting teams, increasing our response speeds to emails and messages by 33%.
- Managed a team of 5 interns to ensure all deadlines were met on time.
Timeline
CREDIT MANAGER
ICICI BANK
03.2022 - 08.2022
Office Manager
BGMG And ASSOCIATES
01.2021 - 02.2022
Audit and Tax Consultant
SHIV JINDAL AND CO
12.2018 - 12.2019
ARTICLE ASSISTANT
SHIV JINDAL AND CO
02.2013 - 02.2016
CHARTERED ACCOUNTANT - FINANCE, AUDIT, ACCOUNTS AND TAXATION
INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
BACHELOR OF COMMERCE - FINANCE, ACCOUNTS, AUDIT, TAXATION
DELHI UNIVERSITY
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