Shariq Shamim

About Shariq Shamim

As an Accounting Specialist at Consero, embedded within the Propeller Team, I bring a…

Experience

1. Us Accounting Specialist L3

   Consero Global

   Nov 2023 — Present · Bengaluru, IN

   As an Accounting Specialist at Consero, I am part of the international team at Propeller Industries, LLC. I deliver comprehensive, end-to-end accounting solutions across diverse sectors, including E-commerce, Health care, Venture Capital, Fintech, Media, Consumer Retail, Fleet Services, and AI.Core Competencies:Month-End Close: Preparing balance sheets and P&L statements on monthly basis for clients having revenue up to $10 million, posting accrual entries, managing amortization of prepaid expenses, depreciation of fixed assets, Lease accouting as per ASC 842, accruing revenue as per deferred revenue schedules and P&L expense analysis.Reconciliations: Conducting weekly and monthly bank and credit card reconciliations, ensuring accuracy and compliance.Accounts Receivable (AR): Generating invoices, issuing credit memos, and applying remittances in NetSuite and QuickBooks Online (QBO).Accounts Payable (AP): Overseeing vendor creation, bill processing, and payment applications via Bill.com, ensuring seamless integration with accounting platforms.Reconciliation Oversight: Performing weekly AP vs. AR reconciliations to effectively manage funds for a Venture Capital firm.Revenue & Merchant Reconciliations: Conducting reconciliations for E-commerce clients across platforms such as Shopify, Amazon, Walmart, and various payment gateways including Shopify Pay, Stripe, and PayPal.Payroll Reconciliation & Analysis: Reconciling payroll using Gusto, Justworks, Sequoia, and Trinet, and posting journal entries to ensure precise and compliant payroll processes.1099 Compliance: Preparation 1099 audits working file and updating and collecting W-9 forms as necessary.General Ledger (GL) Management: Managing day-to-day GL functions with accuracy and efficiency.Client Engagement: Facilitating weekly check-in calls with U.S. Account Managers and end clients through emails to address open items and finalize month-end close processes.Providing Training and mentoring MT

Education

• Institute of Cost Accountants of India

  Professional

• Sree Ayyappa Public School

  High School

• Vinoba Bhave University

  Bachelor of Commerce (B.Com)