Venkatesh S. Email & Phone Number

Toronto, Ontario, Canada

PayrollAchieved a 100% on-time payroll submission rate by implementing proactive communication strategies with restaurant managers.Successfully processed bi-weekly payroll for over 100 employees within established deadlines consistently.Developed and managed payroll databases to ensure precise documentation of employee details, deductions, and benefits.Conducted routine audits to validate payroll data accuracy, swiftly resolving any discrepancies.Produced comprehensive payroll reports for managerial review, offering valuable insights into labor expenses and patterns.Delivered responsive assistance to employees regarding payroll inquiries and discrepancies, enhancing overall employee satisfaction and relations.Demonstrated expertise in payroll software and systems, ensuring efficient and accurate processing.

Toronto, Ontario, Canada

Accounts PayableVerified and posted invoices accurately in QuickBooks, ensuring meticulous record-keeping.Conducted regular reconciliation of accounts payable to vendors' statements of accounts, maintaining financial accuracy.Monitored accounts diligently to guarantee timely payment processing and adherence to payment schedules.Investigated and resolved invoice discrepancies and challenges promptly, ensuring financial integrity.Communicated effectively with vendors, addressing inquiries and maintaining positive vendor relationships.Managed the scanning and filing of vendor invoices, facilitating efficient document management.Reviewed and posted all credit card transactions with meticulous attention to detail, based on supporting documents.Reconciled credit card statements diligently and followed up with users regarding any missing receipts, ensuring completeness and accuracy of financial records.AccountingPosted daily sales journals accurately in QuickBooks, ensuring real-time financial data integrity.Prepared comprehensive GST/HST reports for all restaurants, ensuring compliance with tax regulations.Reconciled sales recorded in the Point of Sale (POS) system with entries in QuickBooks, maintaining financial accuracy.Recorded petty cash entries promptly and accurately, facilitating transparent cash flow management.Assisted in preparing bank reconciliations, ensuring alignment between bank records and financial statements.Generated and analyzed monthly Profit and Loss (P&L) reports, providing valuable insights to stakeholders.Provided clerical and administrative support to management upon request, ensuring smooth operations.Conducted end-to-end process training for new hires, ensuring a seamless onboarding experience and knowledge transfer.

Mississauga, Ontario, Canada

• Created Sales & Purchase orders, Sales & Purchase invoices with utmost accuracy.• Posting customer payments by recording cash, checks, and credit card transactions.• Performed bi-weekly payment runs for prompt payments & sending regular payment reminders to the customers to avoid account block.• Investigated misapplied payments and ensured proper allocation to the respective accounts within the turnaround time.• Reconcile and verifying bank deposits and payments.• Preparation of aged AR/AP, inventory back-order reports.• Resolving discrepancies related to purchase orders and sales orders by contacting the customers and Sales representatives.• Created ASN, shipping labels on time to avoid shipment delays.• Filed and followed up several claims with various freight carriers like Loomis, Apex, Western Canada, and UPS.

Mississauga, Ontario, Canada

Accounts Payable • Performed full cycle matching, batching, coding and invoice entry with 99% accuracy.• Bank & vendor statement reconciliation were performed in an effective timely manner.• Resolving past due or unpaid invoices without any upsurge.• Provided high level customer support by addressing 50+ email queries on the same day of receipt regardless of 2 days’ time limit.• Monitored accounts of 100+ vendors and investigated pricing discrepancies.• Verified and posted transactions to journals & ledgers and prepared vendor checks for mailing.• Reduced the duplicate invoice processing from 40% to 10% by implementing duplicate audit tool (DAT).Accounts Receivable• Timely invoice generation and sending through email to the vendors.• Extract and process payment remittances from customers with at most accuracy.• Timely follow up and monitor customer account details for nonpayment and other irregularities. • Preparing aging report, batch deposit report, batch summary report and month end reports.

Hyderabad Area, India

• Assisting in hiring and developing a quality resource for the company by selecting, orienting, training and mentoring • Leading a team of 7 talented process associates and developers maintaining a safe work environment with parallel development in personal growth • Improvising teams potential by communicating the expectations, monitoring the performance, evaluating the results and recommend for motivation also providing timely feedback through one on one sessions• Achieve expected business goals by adhering to Service Level Agreements with performance indicators; Examining monthly Business Activity Statements and balance sheet reconciliations • Accomplish quality service with alignment to quality and customer service standards by analyzing and resolving customer service problems• Understand the system requirements, analyze the progress and recommend strategic improvements for business.• Contribute to team efforts by addressing escalated issues from vendors also ensuring accurate and compliant files.• Experience in SAP, Service now , Mainframe

Hyderabad Area, India

• Assisting in hiring and developing a quality resource for the company by selecting, orienting, training and mentoring • Leading a team of 12 talented Account payable associates and developers maintaining a safe work environment with parallel development in personal growth • Improvising teams potential by communicating the expectations, monitoring the performance, evaluating the results and recommend for motivation also providing timely feedback through one on one sessions• Achieve expected business goals by adhering to Service Level Agreements with performance indicators; Examining monthly Business Activity Statements and balance sheet reconciliations • Accomplish quality service with alignment to quality and customer service standards by analyzing and resolving customer service problems• Understand the system requirements, analyze the progress and recommend strategic improvements for business.• Contribute to team efforts by addressing escalated issues from vendors also ensuring accurate and compliant files.• Executing vendor evaluation and maintained ongoing communication with vendors• Ensure vendor quality and deal with issues, resolving vendor disputes in a timely and professional manner

Hyderabad Area, India

• Calculate “Sales tax” & “Use tax” as per the state guidelines for the invoices procured by 8000+ stores of Walgreens.• Ensure payment of Personal Property tax for all the Walgreens Stores by the due date, contact Jurisdictions to collect the missing tax statements. Reconcile the tax payments made for 8000+ stores of Walgreens.• Member of Green Belt project for Personal Property Tax

Hyderabad Area, India

Tax and Accounting (U.S, Sales & Use tax)• Contacting jurisdictions via email or phone to inquire tax rates.• Due diligence to check the changes in tax rates posted by various jurisdictions. • Research and create rate change requests, detailing rate changes for a specific release for BA investigation and approval. Initiate tax form-composing process, assists with tax form approvals• Maintain content of rate content systems records; including appropriate updates for invalid/retired zip codes, tax authority rate code updates, city boundary changes, and client requests to research or add zip code records to the database.

Hyderabad Area, India

International Trade Finance process• Advising Letter of Credit to the exporter received from different banks in the world according to Uniform Customs & Practices for Documentary Credits 600 (2007 Revision) • Processing MT700 advising of letter of credit, MT707 Amendments to the letter of credit, Corrections to the letter of credit, MT710 2nd advising letter of credit to exporter or 2nd advising bank.• Quickly processed the transactions with 99% accuracy also handling critical transactions• Handling reports for the daily productivity and reporting Aging analysis directly to client for pending transactions.

Payroll Compliance Practitioner, Canadian Payroll, A+

Post Graduate Diploma In Business Administration, Finance, General, A

Post Graduate Diploma in Business Administration (PGDBA) specialized in Finance

Bachelor Of Commerce - Bcom, Finance, General