Chirag Shah Email and Phone Number

Accounts Payable● Full cycle accounts payable: process vendor invoices, ensure receipts against purchase orders, get necessary approvals, post invoices, match against the budget and schedule payments to maximize cash flow. Update budget & vendor files. Reconcile all accounts.● Prepare payment batches & cheque runs & post payments. Monitor open invoices and liquidity.● Work closely with Project Managers and Project Coordinators on all AP and AR issues.Accounts Receivable● Full cycle accounts receivable: monthly billing & collections to ensure timely receipts from customers. Prepare all necessary schedules to support invoices. Prepare bank deposits. Reconcile all accounts.Payroll● Post timesheets and reimbursements. Transfer time and reimbursement costs to the associated project job cost sheets. Calculate charge out rates for each job. Post payments in the system. Prepare necessary journal entries. Calculate WSIB expense and ensure timely payment.Month-End Procedures● Prepare and update prepaid schedule, asset continuity schedule, deferred revenue analysis, work-in-process continuity and sales costs, payroll accrual worksheet, accrued liabilities and revenue, job cost time for each job, transfer costs between jobs & maintain the WIP schedule.● Assist the controller with audit reports & monthly and fiscal year-end close procedures.● Prepare Actual vs Budget, project contribution summary, balance sheet & income statement comparative, statement of cash flows & analyze P & L and balance sheet accounts.● Prepare journal entries: accruals, prepayments, amortization, cash transaction, reversing and recurring entries and any approved adjustments arising out of monthly account reconciliations. Maintain the WIP schedule for each project.Other Duties● Assist the CFO with the successful implementation of the ERP construction software.● Provide monthly reports to project and departmental managers.● Complete credit applications.

Accounts Payable ● Process accounts payable invoices and ensure accurate posting and timely payments.● Respond to all accounts payable inquiries. Maintain updated vendor files. ● Support monthly and fiscal year-end close procedures, reconciliations and A/P accruals.Accounts Receivable● Full cycle accounts receivable: monthly billing with necessary schedules and backup reports in multiple currencies. Posting foreign exchanges gains/losses. ● Tracking accounts receivable for each project and customer including holdback and posting them in the ERP system.Accounting Functions● Reconcile general ledger accounts, prepare and record adjusting entries.● Prepare monthly journal entries for accruals, prepaids, cash transactions, reversing and recurring entries and any approved adjustments arising out of monthly account reconciliations. Inter-company accounting for four companies. GST/HST monthly filing.Administrative Functions ● Coordinate and facilitate daily administrative support including payroll and helping with internal, external and customer audits.

● Prepare branch cost & profitability reports. Forecast profitability based on loan payoff cycle and new customer type. Prepare branch statistical reports.● Management of accounts receivable for over 2,500 customers & prepare aging reports. ● Cash management of loans, lines of credit payments and retail accounts. Reconcile accounts. Record deposits and transfers. Prepare bank reconciliation. ● Prepare and organize documentation and handle customer service issues. ● Analyze details of outstanding loans, lines of credit and mortgages. Issue letters to delinquent customers. Manage collections for the branch. Accomplishments ● Reduced delinquency from 12% to 3.5% on 30 days aged accounts. ● Analyzed customer profiles which led to policy changes leading to better quality loans.

• Maintained general ledger, reconciled sub ledgers.• Oversaw accounts payable & receivable functions, monitored customer accounts and aging of accounts, ensured accurate and appropriate recording of revenues & expenses.• Reconciled inter-company accounts. Liaison with employees and vendors with reference to payments. Performed bank deposits & monthly bank reconciliations.• Assisted in the preparation of quarterly financial statements; prepared management reports concerning purchases, sales and inventory using Microsoft Office. Analyzed revenue and expenditure trends. Ensured compliance with policies and procedures.• Communicated with internal auditors. Implemented basic accounting procedures and changes from time to time.• Resolved accounting discrepancies and irregularities. Accomplishments• Designed and developed a general ledger procedure manual.• Initiated the automation for quarter-end reporting process.

• Maintained general ledger, bank and account reconciliations.• Oversaw accounts payable, monitored the accounts to ensure they were up to date, reviewed and processed expense reports, resolved invoice discrepancies and resolved customer complaints. Reconciled payments & processed monthly reports. Oversaw accounts receivable, monitored customer accounts for non payments, prepared bank deposits, cash receipts.• Assisted in month-end closing & in the preparation of audit files. • Prepared costing reports for individual departments. Assisted in implementing and maintaining internal financial controls and procedures.Accomplishments • Cost analysis led to reduced vendors resulting in substantial savings. • Set-up and defined parameters for general ledger, accounts receivable, accounts payable, inventory, bank reconciliation modules.

• Managed inventory accounting including issuing and ordering inventory, inventory control, cost analysis & mark-up.• Maintained ledgers & sub ledgers.• Assisted in the monthly payroll of 120 full-time & contract employees.• Assisted in month-end closing, intercompany and bank reconciliation, preparation of audit files and records for ISO and HACCP certification.• Managed accounts receivable payments, coded and posted receipts, prepared bank deposits and investigated and resolved customer queries, monitored customer account details for nonpayment, delayed payment and other irregularities.• Sorted and matched invoices, prepared and processed accounts payable cheques in a timely manner, reconciled payments and accounts, monitored accounts to ensure payments were up to date, resolved invoice discrepancies, maintained vendor & customer files & resolved customer issues.Accomplishments • Introduced monthly reconciliations which helped remove discrepancies in accounts.