Maqsood Ahmad

🔹 US Restaurant, Franchise, or E-Commerce Bookkeeping.

🔹 Reconciled daily POS reports and recorded sales from third-party delivery platforms like DoorDash, UberEats, and GrubHub, ensuring accurate cash and online payment reconciliations.

🔹 Complex US Payroll Management: Hands-on experience with ADP Payroll sheets and journal entries. Fully understand Federal and State payroll taxes, including FUTA, SUTA, Social Security, Medicare, Federal/State Income Tax, and specific local taxes like Elyria Local Income Tax (LIT).

🔹 Configured US Sales Tax in QBO, incorporating specialized tax rules like the Ohio food tax to ensure compliance.

🔹 Executed comprehensive clean-up and setup of financial records, including customizing the Chart of Accounts and importing products/services.: Chart of Accounts customization, importing products/services, mapping vendors/customers, and adjusting opening balances.

🔹 Managed month-end and year-end reporting, including inventory/bills (closing stock), fixed asset tracking (depreciation/amortization), loan payments, bank and balance sheet reconciliations, and generated P&L, Balance Sheet, and Cash Flow statements to provide clear financial insights.

🔹Managed full-cycle accounting processes, including accounts payable and receivable.

🔹Managed accounts payable and receivable functions, maintaining accurate records and timely payments to vendors while collecting outstanding invoices.

🔹Handled day-to-day accounting processes to drive financial accuracy.

🔹Supported month-end closing process by preparing financial statements, variance analyses, and account reconciliations.

🔹Improved financial accuracy by conducting thorough account reconciliations and adjusting journal entries.

🔹Implemented effective internal controls to safeguard company assets and prevent fraud or misstatements in financial reports.

🔹Assisted with budget preparation, monitoring expenses, and providing timely updates to management on variances.

🔹Prepared detailed cash flow analyses for management review, highlighting potential areas of concern related to liquidity issues or potential shortfalls in operating funds.

🔹Reached out to customers to resolve escalated issues promptly. to immediately find resolutions for escalated issues.

🔹Managed daily accounting tasks to ensure accurate financial reporting. to drive financial accuracy.

🔹Detected and corrected mistakes early on and implemented systems to avoid recurring issues.

🔹Maintained integrity of general ledger and chart of accounts.