Summary
Overview
Work history
Education
Skills
Affiliations
Languages
Timeline
Generic

Karan Lunagariya

Greater London, United Kingdom,England

Summary

I am an accomplished and detail-oriented Accountant with a strong background in financial analysis and bookkeeping. With a track record of successfully managing accounts and delivering exceptional results. I have a solid background in financial reporting, having prepared and reviewed financial statements for sole traders and LTD companies. I am proficient in using accounting software such as Xero, Sage and SAP & USA fund accounting and I possess excellent knowledge of UK GAAP, IFRS, and IAS. My academic background includes an MSc in Global Business Management (Finance and Accounting) from The University of the East Anglia. This comprehensive program equipped me with advanced skills in financial statement analysis, strategic management accounting, corporate financial strategy, and corporate governance. I also hold a Bachelor's degree in finance and accounting from the University of Mumbai, India, which provided me with a strong foundation in financial accounting knowledge.

Overview

4
4
years of professional experience
3
3
years of post-secondary education

Work history

Bookkeeping and Financial Accountant

kpmg india shared services limited
Mumbai, Maharashtra, India
06.2022 - 09.2023
  • Responsible for day-to-day entries in the books, including recording of Sales, Expenses and Purchases Invoices.
  • Enter bills and customer payments into QuickBooks, Xero and Sage.
  • Processing weekly EFTs and Cheques. setup Wire to be transmitted after confirming accuracy of bill payable. Calculate and prepare EFT for payrolls.
  • Processing Accounts Receivable & Accounts Payable functions, including issuing invoices, reconciling AP/AR transactions.
  • Preparing for VAT return
  • Performed three-way match reconciliation of purchase orders to goods receipts to invoices.
  • Perform the month and closing adjustment entries, including depreciation, prepaid expenses and accrual entries.
  • Preparing monthly Profit and Loss Statements
  • Generate customer's outstanding account statements and follow up with customers to receive payments.
  • Assists in inventory management doing inventory builds, investing shortfalls/shrinkage.
  • Reconciled expense reports and financial statements to enforce established cost controls.
  • Reviewed and processed employee expense reports and vendor invoices for payment.
  • Prepared detailed models, reports and charts highlighting complex financial information.
  • Followed up with customers to collect specific financial information and verify details for preparation of forms.

Accounts Executive

Balaji Telefilm Ltd, India
Mumbai, Maharashtra, India
07.2019 - 06.2022
  • Ensured compliance with tax regulations by preparing and submitting VAT returns promptly.
  • Conducted regular bank reconciliations to avoid discrepancies in books of accounts.
  • Maintained accurate records of all company transactions for improved transparency.
  • Kept abreast with latest changes in financial regulations, ensuring business runs within legal boundaries.
  • Monitored accounts payable and receivable statuses, ensuring financial records were up to date, resulting in a 20% reduction in overdue accounts.
  • Recorded and filed cash transactions for financial statement development, contributing to a 25% increase in financial statement accuracy.
  • Analyzed financial information to identify discrepancies, leading to the recovery of $10,000 in accounting errors over six months.
  • Assisted in preparing monthly, quarterly, and year-end tax returns, ensuring compliance and contributing to a 100% on-time filing rate.


Education

Master of Science - Finance and Accounts

University of East Anglia
Norwich
09.2023 - 09.2024

Bachelor of Business Administration - Finance and Accounts

Bachelor's In Commerce
India
06.2017 - 08.2019

Skills

  • Finance software expertise
  • Tax accounting
  • General ledger experience
  • Sales ledger administration
  • Fixed asset accounting
  • Profit margin optimization
  • Year-End accounts finalisation
  • SAP, Xero, QuickBooks and Sage
  • Monthly close process
  • Purchase ledger handling
  • Retail marketing
  • Customer Service
  • Invoice processing
  • Customer relations


Affiliations

  • Motorbike riding, Adventure and Tracking & Fitness

Languages

English
Elementary
Hindi
Elementary
Gujarati
Beginner

Timeline

Master of Science - Finance and Accounts

University of East Anglia
09.2023 - 09.2024

Bookkeeping and Financial Accountant

kpmg india shared services limited
06.2022 - 09.2023

Accounts Executive

Balaji Telefilm Ltd, India
07.2019 - 06.2022

Bachelor of Business Administration - Finance and Accounts

Bachelor's In Commerce
06.2017 - 08.2019

Similar Profiles

Create profile
Karan Lunagariya