Prerona Basak
Senior Specialist @Interac Corp.
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WORK HISTORY
Senior Specialist @Interac Corp.
Toronto, ON, CA
Oversaw full-cycle accounting operations, managing invoicing, payment applications, and collections for a portfolio of $20M+.•Ensured the accurate allocation of customer payments across all accounts, resulting in a 98% reduction in payment misallocations, significantly improving the accuracy of financial records and financial reporting.•Performed and supervised monthly and quarterly account reconciliations, identifying discrepancies and resolving them promptly, leading to a 30% reduction in reconciliation errors and ensuring the accuracy of financial statements.•Prepared and reviewed journal entries, ensuring that all financial transactions were correctly recorded and aligned with accounting policies, contributing to faster month-end close and improving operational efficiency in financial reporting.•Supported the month-end close process, ensuring that all financial transactions were posted accurately, preparing necessary journal entries, and reviewing balance sheet accounts. This led to a timely and accurate month-end close, enabling prompt financial reporting.•Assisted with year-end audit requests, providing auditors with the required financial documentation, reconciliations, and supporting schedules. Coordinated with teams to address audit queries and ensured a smooth and efficient audit process, contributing to a timely audit completion.•Updated and maintained balance sheet schedules, ensuring all accounts were accurately reflected and reconciled in compliance with accounting standards.This contributed to a more transparent and accurate balance sheet, improving the financial reporting process.•Analyzed and reviewed AR Aging reports, identifying overdue accounts and implementing strategic follow-up measures that led to a 25% reduction in aged receivables and an improvement of 15% in the collection of outstanding balances within six months and enhanced overall collection efficiency.
EDUCATION
ICFAI Business School
Post Graduate Program in Management - PGPM, Finance and Marketing
St. Xavier's College (Autonomous), Kolkata
Bachelor's degree, B.Com (Honours), Commerce and Business
Pratt Memorial School
High School Diploma, Business
ABOUT PRERONA BASAK
Passionate about driving efficiency and accuracy in accounting processes! Focused on leveraging technology and strong accounting principles to contribute to seamless financial operations and support business growth. Background: With a solid foundation in accounting, I bring hands-on experience in supporting day-to-day accounting functions like Journal entries, accruals, managing financial records, and ensuring accuracy in financial reporting. My background includes working with accounts payable (AP), accounts receivable (AR), general ledger analysis, month-end closing, account reconciliations, and assisting in the year-end audit process. I am eager to bring my skills and enthusiasm for learning to a dynamic accounting team. Expertise: I am skilled in processing invoices, managing vendor accounts, performing account reconciliations, and ensuring accurate record-keeping. I have experience with month-end close procedures, assisting with financial reports, and providing support for audits. Highlights:>Managed full-cycle accounting processes across diverse industries, including financial services, logistics, and corporate finance. My expertise spans journal entries, accruals, month-end and year-end close, financial reporting, and audit support.>Assisted with the preparation of documents and supporting schedules for year-end audits, helping to resolve discrepancies.>Helped streamline basic accounting workflows to improve efficiency in daily operations.>Managed account reconciliations, ensuring that discrepancies were identified and resolved quickly.> Consistently helped tighten close timelines, improve reporting accuracy, and enhance financial data integrity. Technical Skills:ERP Systems: Microsoft Dynamics GP, Oracle JD Edwards Professional Development:I’m currently pursuing the CPA designation to deepen my technical expertise and contribute at a higher strategic level in finance. I’m passionate about roles that offer a blend of operational ownership and continuous learning, particularly in growing companies where finance plays a key role in cross-functional decision-making.🤝 Open to Opportunities: Ready to bring my accounting skills and strong attention to detail to a team where I can grow professionally and help improve accounting processes. I’m driven by opportunities to make finance more efficient and impactful. If you are looking for a dedicated, detail-oriented accounting professional with a passion for learning, let\'s connect!
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