Meenakshi Rawat

• Managed and coordinated day-to-day accounting operations including but not limited to financial management, cashflow management, personnel administration, payroll, facilities coordination/planning, and closely related work.
• Assisted in annual audit preparations, ensuring a smooth process with no major discrepancies found.
• Investigated daily variances and corrected errors to resolve discrepancies.
• Reconciled account information and reported figures in general ledger by comparing to bank account statement each month.
• Identified cost-saving opportunities through thorough budget analysis and expense tracking.
• General Ledger Management
  - Maintain and reconcile general ledger accounts.
  - Record and review financial transactions to ensure accuracy and completeness.
• Month-End and Year-End Closings
  - Manage the month-end and year-end closing processes.
  - Ensure all financial activities are accurately recorded and reported in the appropriate accounting period.
• Compliance and Regulatory Reporting
  Ensure compliance with relevant laws and regulations.
  Prepare and file necessary regulatory reports.
• Internal Controls
  Implement and maintain internal controls to safeguard assets and ensure the accuracy of financial records.
  Identify and mitigate financial risks.
• Audit Support:
  Prepare for and facilitate internal and external audits.
  Provide necessary documentation and explanations to auditors.
  Address audit findings and implement recommendations.
• Tax Compliance
  Prepare and file VAT tax returns.
  Ensure compliance with tax regulations.
  Provide support during tax audits and inquiries.
• Variance Analysis:
  Conduct variance analysis to compare actual results with budgets and forecasts.
• Budgeting and Forecasting:
  - Assist in the preparation of budgets and financial forecasts.
  - Provide financial insights and recommendations.
• Cost Management:

- Monitor and control expenses to ensure they align with the budget.
- Identify opportunities for cost savings.

• Stakeholder Communication:
  - Communicate financial information to internal stakeholders, such as management and the board of directors.
  - Provide financial insights to support strategic decision-making by forecasting sales, setting targets for the sales team, and creating budgets for the internal team.
• Technology Utilization:
  - Utilize accounting software and financial tools to streamline processes.
  - Improve the accuracy and efficiency of financial reporting.
• Advisory Role:
  - Provide financial advice and support to other departments.
  - Help them understand the financial implications of their activities and decisions.
  
  

• Responsible for carrying out accounting functions like the accurate recording of journal entries, preparing monthly accounts, maintaining a general Ledger schedule, reviewing payroll workings, and coordinating with a group of companies.
• Coordinated and performed all aspects of the accounts payable cycle, cashflow management, petty cash payments, and provided support for various general accounting operations.
• Researched and analyzed highly complex accounting issues, identified root causes and proposed changes for improvement.
• Completed year-end closing processes with controllers and external auditors.
• Provided timely and accurate financial reporting to senior management, enabling informed decision-making based on reliable data.
• Managed quarterly and annual tax filings for the company, ensuring timely submissions and compliance with regulations.
• Established strong relationships with vendors to negotiate favorable payment terms that improved working capital management.

• The Procure-to-Pay (P2P) process in IBM, or any large organization, involves several key steps to manage the procurement of goods and services from suppliers and ensure payment is made in an efficient and controlled manner. Here’s a general overview of the P2P process:

• Requisition Creation:
  - Create a purchase requisition detailing the requirements.
  - Obtain necessary approvals from the relevant department heads or managers.

• Supplier Identification and Selection:
  - Identify potential suppliers and conduct a selection process based on criteria such as cost, quality, and delivery time.
  - Create and maintain a list of approved suppliers.
• Purchase Order Creation
  - Convert approved requisitions into purchase orders (POs).
  - Send the POs to the selected suppliers.
• Payment Processing
  - Process payments based on the agreed-upon payment terms.
  - Ensure timely and accurate payments to suppliers.
• Accounting and Reconciliation:
  - Record the transactions in the accounting system.
  - Reconcile the accounts to ensure all transactions are accurately recorded.
• Reporting and Analysis
  - Generate reports on procurement activities, spending, supplier performance, and compliance.
  - Analyze the data to identify areas for cost savings, process improvements, and better supplier management.
• Supplier Relationship Management
  - Maintain good relationships with suppliers to ensure continuous supply and negotiate better terms.
  - Address any issues or disputes that arise with suppliers.
• Tools and Technologies:
  IBM may use various tools and technologies to streamline and automate the P2P process, such as:
  - Enterprise Resource Planning (ERP) systems Microsoft Dynamics
  - Procurement software
  - E-invoicing platforms
  - Supplier portals
  

• Oversaw budget planning and allocation, optimizing financial resources to efficiently support organizational objectives. Implemented data-driven decision-making strategies, enhancing overall business performance. Conducted audits for clients across various sectors, including the airline, tech, and service industries. Utilized software such as Tally and Zoho for bookkeeping across different sectors. Finalized audits for diverse clients, addressing multiple industry dimensions.
• Developed and implemented strategies to increase customer satisfaction and engagement.
• Prioritized helping customers over completing other routine tasks.