STUTI SINGH
Kitchener,Canada
Summary
Dynamic Assistant Controller at Waterloo Honda with expertise in cash flow management and budgeting. Proven track record in enhancing financial reporting accuracy and leading teams to achieve operational excellence. Adept at process improvement and audit assistance, driving significant improvements in accounts payable management and financial compliance.
Overview
17
17
years of professional experience
Work History
Assistant Controller
Waterloo Honda
Waterloo
10.2022 - Current
- Accounts payables and receivables: Supervising all incoming and outgoing payment schedules, ensuring timely processing of invoices and payments, and paying utmost attention to accounts, banks, and all credit card reconciliations.
- Inventory management: Tracking and valuing inventory, including vehicles and parts, and accounting for depreciation.
- Overseeing and executing payroll functions through ADP, and the timely closing and collection of work orders.
- Financial Reporting: Preparing and analyzing financial statements, including balance sheets, income statements, and cash flow statements.
- Submitting financials to the OEM.
- Team Leadership: Leading and developing the accounting team, ensuring proper procedures are followed, performing all accounting duties with utmost accuracy, checking back all the financials of the company, and making sure all the transactions are backed up by proper documentation and explanation.
- Actively assisting the Controller with the external auditors' reporting, month-end, and year-end procedures.
- Examining and analyzing accounting and financial records, documents, and systems to ensure accuracy and compliance with established accounting standards, procedures, and internal controls.
- Strategic Financial Guidance: Providing financial insights and recommendations to the dealerships' management to support strategic decision-making.
- Preparing detailed reports on audit outcomes and providing recommendations to improve accounting and management practices within the company, and attending budget meetings with the Controller and General Manager.
- Budgeting and forecasting: Working with higher management to develop budgets and financial forecasts based on past data and market trends.
- Conducted month-end closing activities such as accruals, amortization of prepaid expenses, and other adjustments, balancing, commissioning, and posting deals, making sure all front-end and back-end products, services, accessories, and all the important aspects of deals are accurately accounted.
Senior Accounting Clerk
BMW Grand River
Kitchener
08.2020 - 09.2022
- Deposit checks from affiliated dealerships, code, and post approved Accounts Payables.
- Accounts Payable: Creating purchase orders, generating invoices, 3-way matching process, printing and mailing invoices, obtaining management approval, and preparing check runs and EFT payments.
- Payment of all taxes and government remittances.
- Reconciling payables accounts, extracting reports from the software, to present the financial statements.
- Process all accounts receivable statements, get on a call with past due accounts, receive all checks, receive credit card payments, bank deposits, petty cash maintenance, and reconciliation.
- Print all checks for dealer trades, and backup for all other checks.
- Assist with filing all deals, parts invoices and cheque copies, ordering all office supplies and lunch room supplies and keep a track of it
- Backup for warranty credit note and adjustments.
- Post all dealer trades, split, balance, and post all new car deals.
- Input and submit the payout log to the Accounting Supervisor.
- Maintain all technical aspects of point-of-sale terminals (POS), including troubleshooting, making service calls, and helping employees with any queries.
- Liaised with vendors and suppliers to negotiate payment terms and resolve billing issues.
- Input notes about extended warranties and products to customer files in Reynolds.
- Assist with year-end procedures, taxation, including expense analysis.
- Maintain capital assets continuity, ensure expenses are properly allocated, and amortized.
- EV credits, credit card reconciliation, and funding from all banks.
- Other ad hoc duties include replying to all vendor inquiries, providing paperwork to the customers.
- Taking credit card payments on a call.
Accounts Payable Clerk
Ines Di Santo Corp.
Vaughan, Canada
01.2017 - 08.2019
- Developed processes and procedures related to accounts payable operations.
- Reconciled computer reports with manually maintained ledgers.
- Prepared and updated vendor files, tax documents and insurance information.
- Processed invoices and payments in accordance with company policies and procedures.
- Compiled, coded and submitted weekly invoices to accounting for payment.
- Verified accuracy of coding on invoices prior to processing payments.
- Reduced financial discrepancies by verifying accounting statements.
- Worked closely with department personnel to produce accurate and timely bills.
- Monitored loans and accounts payable to confirm payments are current.
Accounts Manager
Auto Gallery Honda
India
01.2008 - 11.2013
- Performed daily accounting activities such as analysis, maintenance, completion, reconciliation, and verification of specific financial data and documents.
- Compiled and analyzed financial information; made entries to accounts such as general ledger accounts
- Maintained complete and proper records of revenue, expenditure, assets, and liabilities, and ensured the accuracy and integrity of financial information.
- Utilized the Data Management Software system for maintaining and recording financial data.
- Ensured timely payment by accurately recording accounts receivable and payables.
- Planned, administered, and controlled budgets for vehicles, workshop inventories, and supplies to maintain an adequate level for smooth operations.
Education
Masters of Business Administration - Finance & Marketing
Amity University
India01.2008
Diploma in Event Management -
Indian Institute of Fashion Technology
India01.2007
Bachelor of Commerce -
Garhwal University
India01.2006
Skills
- Cash flow management
- Intercompany transactions
- Fixed asset management
- Bank reconciliation
- Purchase tracking
- Trend analysis
- Expense control
- Payroll administration
- Budgeting and forecasting
- Process improvement
- Audit assistance
- Accounts payable management
Professional Development
- Fundamentals of Accounting and Information Technology, Dufferin-Peel Catholic District School Board, Mississauga, ON, 01/01/16
- Advanced Accounting Co-op Program, Dufferin-Peel Catholic District School Board, Mississauga, ON, 01/01/16
Timeline
Assistant Controller
Waterloo Honda
10.2022 - Current
Senior Accounting Clerk
BMW Grand River
08.2020 - 09.2022
Accounts Payable Clerk
Ines Di Santo Corp.
01.2017 - 08.2019
Accounts Manager
Auto Gallery Honda
01.2008 - 11.2013
Masters of Business Administration - Finance & Marketing
Amity University
Diploma in Event Management -
Indian Institute of Fashion Technology
Bachelor of Commerce -
Garhwal University
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