Payal Shah
Sr Accounting Manager @Bio-Techne
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WORK HISTORY
Sr Accounting Manager @Bio-Techne
Newark, CA, US
Lead a team of 7-8 people managing AR, AP and General Ledger functions. Saved ~30-40 hours monthly by eliminating AR manual 5-way matching; Implemented a more efficient audit control plus increased accuracy. AP: Optimize Purchase-to Pay workflow. Review check selection, check signing, ACH/Wire, Fraud Alert, vendor setup, timely vendor payment. o Resolved a $650K backlog of aged Goods Received Not Invoiced (GRNI) and established a new process to prevent future accrual discrepancies. Implemented automated Sales Tax tax return filing by Avalara – reduced ~25-30 hours monthly. Audit & Compliance: Successfully led internal, external KPMG & IT audits while ensuring SOX compliance at ACD. Secured a property tax refund and revised future reporting following a 2025 Alameda County audit. Lead timely month-end closing. Prepare/review Payroll entries, B/S reconciliations etc. Trial Balance (TB) review and variance analysis. Inventory: Reserve calculations, identify system GL miscoding, clear non-recoverable loaner inventory. Manage complex Revenue reporting for consolidation, leadership, Sales team & commission calculations involving 100K+ data lines, utilizing advanced Excel formulas and data mapping. Led accounting integration post M&A with Swiss entity (Lunaphore), defining operational workflows & training. Career development discussions; Successfully navigated Performance Improvement Plan (PIP) to elevate team output Performed data validation for OneStream & new e-comm platform. Partner with IT to debug ERP issues and make report improvements. Support FP & A with historical data analysis and forecasting.
EDUCATION
CFA Institute
Chartered Financial Analyst (passed Level 1), Financial Analysis
St. Joseph's High School (Juhu)
Secondary School
American Institute of Certified Public Accountants
Certified Public Accountant (CPA), Accounting
Institute of Chartered Accountants of India
Chartered Accountant (CA), Accounting
Stanford Continuing Studies
Data Science Essentials for Business Managers, Data Science
University of Mumbai
Bachelor of Commerce, Commerce
Narsee Monjee College of Commerce & Economics
Higher Secondary School Certificate, Commerce (Business & Accounting)
SKILLS
ABOUT PAYAL SHAH
US GAAP knowledge while working in Corporate Accounting. Experience in Public Accounting at KPMG. Proficient in Excel and quick adaptation to new software. Experience with accounting/tax software including QuickBooks, Taxwise, Expandable, HFM, Avalara. Proven track record of progressing from Senior Accountant to Sr. Manager at ACD within 5 years by automating manual tasks and improving team accuracy. Result-oriented, committed, organized, detailed, and works well under pressure. Seeking a new challenge in a role focused on operational accounting, consolidation, financial analysis, automation and process improvements.
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