Prakash Ravichandran

Freelance Accountant & Auditor

Location:Jersey City, New Jersey, United States
2 Skills


Dynamic, seasoned accounting professional with 10+ years’ experience in managing Accounts Receivable, Billing, Collection, Accounts Payable, Vendor & Customer Management, General Accounting, timely book closure, preparation of financial statements and analysis, budgeting & analysis, inventory accounting & reconciliation and preparation and consolidation of schedules to Balance Sheet accounts, to handle periodic internal audit and support corporate at the time of statutory audit. I am innovative and proficient in extracting financial data from various reporting systems and suggesting key operational changes. Self-motivated, task Oriented, capable of handling multitask and work under pressure. Team management and delivery of commitment well within the timeline is my additional skill. On the total experience, 6+ years worked as a team lead. Implemented process improvements to reduce operational cost and man time to company without affecting / compromising quality. Focused on commitment and adhere to company process & procedures. Will not allow for process deviation. Also, will suggest solution to overcome from the problem. Have worked in SAP and other accounting software products. Proficient in MS Excel (Pivot tables, V-lookup, H-lookup, etc.,), MS Word, MS Outlook and Power point


? Accounts Payable > Accounts Receivable
? General Ledger & Reconciliation > Book closure activities
? Financial Analysis > Billing & Collection
? Inventory Control & Management > Inventory accounting & Reconciliation
? Management Information System Reports > Excellent managerial techniques
? Budgeting & variance Analysis > Working knowledge of SAP and other
ERP & accounting software
? Proficient in MS Office


Researched and resolved billing problems that had been previously missed.
Received Star Performer award for maintaining "Nil" Customer Complaints and support extended for Statutory audit
Received SPOT Award for 2 times for collecting Letter of Credit in quick TAT to achieve collection target of company
Scrutinized and resolved double payments made to Vendors at the time of migrating to ERP
Implemented process for Inventory accounting & Accounts Payable
Decreased man power cost by 50% by training employees in to multitasking and dual responsibility.


Finance Lead (Assistant Manager) 11/2009 to 09/2013
Ascend Telecom Infrastructure Private Ltd Chennai, TN, India

• Preparation and Review of Cash Flow Statement
• Prepare, review and submit Customer billing as per Contract / agreement towards Infra Provisioning fees and Land leasing and ensuring no delay in raising revenue
• To identify additional occupancy by tenants / customers and prepare supplementary bill
• Follow up with customers for Collection and reconciling customer books periodically
• Investigate and issuance of credit note after obtaining approvals
• To keep Customer aging & DSO clean.
• Accounting of Accruals
• Review Request for Quote, Purchase Requisitions and approving Purchase orders
• Review accounting of PO and Non PO based vendor bills in system and release payment to Vendors as per PO terms and due date
• Reconciling vendor books periodically and resolving issues if any.
• Responsible to conduct stock audit, review and recommend solution for non-blocking of Working capital
• Scrutinize books of account and pass necessary rectification entries with proper Cost center code
• Review Bank Reconciliation periodically and move stale check liability to respective account code
• Preparation and review of Budget and ensure not to exceed allocated budget. Taking approval for additional budget, if any required for new business
• Preparation and presentation of state AOP to management
• Responsible to track all capital spending against approved capital requests
• Preparation of Financial analysis like Comparative statements, Trend analysis, Budget Vs Actuals and report
variance to Management
• Responsible for General accounting and GL code rectification
• Responsible for Book Closure and preparation of schedules within the time line
• Preparation and presentation of MIS reports for management review
• Responsible for smooth closure of internal audit and co-ordinate for Statutory Audit

Senior Executive – F&A 10/2007 to 11/2009
Drive India Enterprise Solutions Ltd Pune, MH, India

• Worked as team lead and handled 10 employees to carry out Finance & Accounts activities of ROM.
• Responsible for accounting Sales & Collection related to Trading, Warehouse & Logistics business
• Responsible for Revenue assurance & to maintain “Nil” customer complaints
• Responsible to reconcile customer accounts and issue credit notes for dispute after taking necessary approvals
• Responsible for accounting payable expenses and release timely payments to PO and Non-PO based vendors
• Responsible for reconciliation of Vendor accounts
• Responsible for Sock reconciliation of 86 outlets and 7 Warehouses
• Review of Bank Reconciliation periodically and move stale check liability to respective account code
• Budgeting and Analysis between actual and budgeted on monthly basis
• Account code and cost center code wise allocation and analysis of budget and expenses
• Responsible to close books in time and send MIS reports for management review
• Responsible to co-ordinate with Internal and Statutory auditors as and when required
• Review Inventory and Asset audit
• Asset Accounting and capitalization through IM Module
• Responsible to improve the efficiency of given man power to maintain the timelines
• Implemented BDC/ Uploader for Sales in SAP to reduce Man time
• Additionally coordinated with West Region to educate, train & implement Transportation Log book Module in SAP

Senior Executive – F&A 02/2007 to 09/2007
Aircel Business Solutions (A Division of DWL) Pune, MH, India

• Handled Regional Accounts, SCM & Admin Activities
• Preparation of RFQ, Purchase order in SAP and obtain approval for material purchase
• Review work completion and account PO and Non-PO based Purchase bills
• Release payment as per PO terms and conditions within timeline
• Accounting of Inventory and Asset in SAP
• Transfer of asset from location to location, business area to business area as and when required
• Responsible for raising customer billing in SAP and accounting collection
• Follow with customer for outstanding payment & Reconciliation
• Issuance of Credit notes after taking necessary approval from management
• Preparation of Daily/Weekly/Monthly MIS Reports
• Responsible to track all capital spending against approved capital requests
• Responsible for admin work related to Employees Travel plan & reimbursement & maintain employees attendance

Assistant Officer – Accounts 08/2005 to 02/2007
Suguna Poultry Farms Limited Pune, MH, India

• Working Environment – ERP – Oracle 11i
• Handled Finance and Accounts activities Poultry Feed Division with 6+ Accounts Assistants
• Review Inventory accounting & Purchase bill accounting
• Review & reconcile Inter Group Company account, Inter Division account & Suppliers account
• Preparation and analysis of Purchase efficiency statement
• Calculation of Warehouse storage loss
• Physical adjustment of stock in system after validation and necessary approvals from management
• Preparation of P&L account
• Preparation of Costing P&L account and cost analysis
• Assisting in Budgeting and variance analysis
• Preparing MIS reports as per Management requirements
• Preparation and presentation of Stock valuation for statutory audit and resolve queries

Chief Accountant 10/2001 to 05/2005
Raj Consultancy Coimbatore, TN, India

• Handled Accounts & Statutory work for 30 Small scale industries
• Journal Entries, Ledger Posting, Sales Accounting, Disbursement of Dealer commission, preparation of customer and supplier statement, preparation of cash voucher, preparation of Bank Reconciliation statement & preparation of Balance sheet under companies act 1956
• Preparation of ESI, Sale Tax & PF returns

Accounts Clerk 06/2000 to 09/2001
Elljay Textiles Limited Madurai, TN, India

• Accounting of Purchase bills
• Accounting of Sales invoices and collection entries in system
• Accounting journal entries and cash payment voucher
• Preparing BRS
• Reconciling Customer and vendor accounts periodically
• Assisting in preparation of P&L and Balance sheet

Computer Operator & Accountant 01/2000 to 06/2000
Chellas Impex Karur, TN, India

• Accounting Purchase, Sales bills and Journal entries
• Vendor & customer reconciliation
• Marketing through web

Accounts Trainee 06/1996 to 01/2000
Stanes Tyre & Rubber Products Ltd Nagerkoil, TN, India

• Branch Accounting, Petty Cash maintaining, Preparation of Debtors and Creditors List, Bank Reconciliation Statement & Inventory control


Certified Management Accountant Preparing for Exam
Institute of Management Accountants Montvale, NJ

B.Com: Accountancy, Commerce, Finance & Economics 1996
Madurai Kamaraj University Madurai, TN, India

High School Diploma: Accountancy, Commerce & Economics 1993
Class XII – Sethupathy Higher Secondary School Madurai, TN, India
Skills (2) Rating