Somanshu

SOMANSHU
310 15th Ave SE, Minneapolis, MN 55414 | C: (612)518 2532 | sharm211@umn.edu
Summary

2017 Masters in Accountancy candidate with strong problem solving and analytical skills and experience highlighting keen sense of ownership and in-depth knowledge of accounting information systems Highlights

Accounting Skills: Financial Reporting, Operational Technology Skills: SAP, ServiceNow, HP ALM, Visio, Accounting, MS Excel, XBRL, Xero VB.net, SQL, Tableau, MS Access

Experience

Accounting Consultant 03/2016 to 08/2016 Life Floor Minneapolis Closed the books for month end including G/L reconciliation, posted adjusting journal entries in the system and analyzed P&L statements with quarterly revenue exceeding $300,000 Researched different accounting reports using Xero, a cloud based accounting software, and built a new commissions system, transitioning from accrual to cash basis, resulting in 50% reduction in cashflow cycle Implemented deposits accounting by incorporating temporary accounts to simplify unearned revenue accounting and ease month end reconciliation; this resulted in 43% efficiency improvement in month end closing process Managed payables and receivables by keeping accounting systems synched and contacting major customers and suppliers Fulfilled purchase and customer orders in a timely manner by dispatching and tracking them XBRL Financial Consultant 05/2015 to 08/2015 Merrill Corporation Minneapolis Analyzed and prepared clients’ financial statements including 10-Q and 10-K with revenues exceeding $1 billion for SEC filing using XBRL Prepared XBRL-encoded financial statements by mapping client-prepared statements and footnotes to the standard US GAAP taxonomy Reviewed FASB accounting updates and recent amendments to understand and execute evolving XBRL compliance requirements Recognized for exemplary services in managing client workflow and communications in a fast paced work environment during peak quarterly filing season Collaborated cross-functionally to identify process improvement opportunities and enhance partnerships between accounting and other groups
Technology Consultant 06/2014 to 09/2014 University of Minnesota Minneapolis Rated a perfect 5 by clients for exemplary services while resolving over 600 client problems Recognized by management for the ability to learn fast and produce results from day 1 Pro-Bono Consultant 08/2012 to 12/2012 University of Minnesota Minneapolis Conceptualized, planned and developed an online ordering system prototype for Afro Deli restaurant, which demonstrated 226% ROI over 3 years Education MAcc: Masters in Accountancy 2017 Curtis L. Carlson School of Management, University of Minnesota Minneapolis BSB: Accounting and Information Systems 2016 Curtis L. Carlson School of Management, University of Minnesota Minneapolis

  • Updated 4 months ago

To contact this candidate email sharm211@umn.edu

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