SHANJA

Unit 404, 8 Cornelia Road, Toongabbie, NSW 2146

BALAKUMARAN +61 470 610974
shanjabala@gmail.com
https://www.linkedin.com/in/shanja-balakumaran-190b99184/

CAREER OBJECTIVE
Experienced, enthusiastic, and highly self-motivated Accountant seeks a challenging
career in the field of Finance and Accounting; where my education, experience and
intellectual skills would be utilised to assist the organisation in conquering its business
challenges, provide opportunity for further responsibility and professional development
whilst thriving to become a CPA Qualified Professional.

CAREER ACHIEVEMENTS
• Facilitating system migration from accounting software to Sage ERP (Rennic Pty Ltd)
• Improving Gross profit margin by identifying the accurate cost of sales and producing
margin analysis report to the board. (Rennic Pty Ltd)
• Reconciled 850 bank transactions consisting of unrecognized students’ tuition fee and
expenses, according to the bank narrations and facilitated the backlog of BAS lodgement
with ATO for the entire financial year of 2019 – 2020 (Australian Health and
Management Institute (Pty) Ltd)
• Taken up the challenge to look after the entire Finance functions of Joint venture, single-
handedly (Outliving Australia (Pty) Ltd)
• Resolved incompatibility between two systems (Order processing and Accounting
software) and improved system functionality (Outliving Australia (Pty) Ltd)
• Recognised and Fixed 700 invoices billed without GST due to system glitch (Outliving
Australia (Pty) Ltd)
• Ensured Landed costs of stock being computed accurately and accounted in an appropriate
way in the system (Outliving Australia (Pty) Ltd)
• Facilitated the streamline order processing of Free on Board (FOB), Consignment and
Electronic Data interchange (EDI) (Outliving Australia (Pty) Ltd)
• Liaised with Banks (St. George Bank and National Australia Bank) to obtain bank
facilities of trade financing and debt financing services by providing the required
information on debtors and suppliers which were well maintained for approval
(Outliving Australia (Pty) Ltd)
• Undertook internal audits on subsidiary firm based in Melbourne and identified
$60,000 worth of money not being deposited into the bank and profit was overstated
by $120,000 (Australian Business Mobiles (NSW) Pty Ltd)
• Performed stock reconciliations on consignment sales and recognized the
underpayment of $25,000 and got paid eventually (Australian Business Mobiles
(NSW) Pty Ltd)
• Performed a massive reconciliation on 730 order files for a customer single-handedly
and proved that company owed with $45,000 and got paid eventually (Australian
Business Mobiles (NSW) Pty Ltd)
 WORK EXPERIENCE

Rennic Pty Ltd | Assistant Accountant

June 2021 – Present (Full-time Contract)
• Finalising monthly financial statements and producing management variance reports
with KPI to the board.
• Reconciling BAS and lodging via ATO Business portal.
• Managing cashflows through Invoice Finance facility.
• Supervising Accounts Receivables and Payables.
• Reviewing margins of sale and communicating to departmental managers.
• Liaising with external accountants, auditors and financial institutions including credit
insurers.
• Maintaining Fixed Asset Register.
• Monitoring and recommending internal controls for Standard Operating Procedures.
• Processing staff payrolls and superannuation through single touch payroll.

Australian Health and Management Institute (Pty) Ltd | Assistant Accountant

March 2020 – June 2021 (Full-time Contract)
• Assisting in compiling monthly financial statements and BAS preparation.
• Examining students’ tuition fee income and educational agents’ commission to ensure
the proper revenue recognition and matching principle by overseeing the issued COEs,
cancelled COEs and on hold COEs.
• Liaising with higher educational agents, students and trainers, to manage cash inflows
and cash outflows.
• Providing ad-hoc reports such as monthly tuition fee income, agent commission
reports, aging reports to the director when necessary.
• Integrating the accounting information from the “RTO Manager” (Enterprise Education
Management system) to “Xero” (Accounting Software) to align the correct data for
management.
• Processing staff payrolls and contractor payments and finalising the superannuation of
staff members.

Outliving Australia (Pty) Ltd (Joint venture of Australian Business Mobiles (NSW) Pty Ltd) |
Junior Financial Accountant
October 2019– March 2020 (Full-time)
• Performed monthly reconciliations from general ledger to sub-ledger for Accounts
Receivables, Accounts Payables and cost of goods sold to inventory account and
prepared monthly profit and loss, and balance sheet reports.
• Assisted in BAS Preparation.
• Prepared weekly cash flow statements and controlling expenditure and cash flow.
 • Debt Finance fund management (Invoice Discounting).
• Conducted internal audits and supervised random physical stock count on high-valued
items and carried out investigations on variances in order to adjust the inventory
account in a perpetual inventory system and performed stock adjustments, stock
transfers and stock returns in system if required.
• Examined organisation’s income and expenditure by comparing the actual against
budgeted income and expenditure and compiled reports of variance to board of
directors.
• Liaised with financial institutions, customers, and suppliers to establish fund
management arrangements.
• Processed staff payrolls.

Australian Business Mobiles (Nsw) Pty Ltd

✓ Assistant Accountant
July 2017 – October 2019 (Full-time)
• Assisted in preparing the financial statements for presentation to the board of
directors and management, including the maintenance of fixed asset register,
prepayments, deposit to suppliers and interest suspense account.
• Conducted financial investigations, including balance sheet reconciliation,
GST reconciliation for BAS and undertaking internal audits, including
randomized stock counts on high-valued items and preparing reports.
• Maintained internal control systems on order processing, accounts
receivables, inventory and accounts payables.
• Examined organisation’s income and expenditure by comparing the actual
against budgeted income and expenditure and compiled reports of
variance to board of directors.
• Liaised with financial institutions, customers and suppliers to establish
fund management arrangements.

✓ Accounts Receivables Officer

June 2016 – June 2017 (Full-time)
• Generated invoices and investigated inquiries and resolving any
irregularities and customer concerns in billing invoices.
• Reconciled the accounts receivable ledger to ensure that all payments are
accounted for and properly posted.
• Facilitated payment of invoices due by sending reminders and contacting
customers.
• Worked with collections personnel to verify status of delinquent accounts
and solicit payments on overdue accounts.
• Processed sales returns, preparing forecasting report of cash inflows and
performing bank reconciliations for both AUD and USD bank accounts.
 TERTIARY EDUCATION
ASA| CPA Australia
July 2019 – Present
Associate Member of CPA Australia with the Membership ID 10501453 and following CPA
Program
M. Acc (Prof) Mcom | Macquarie University
August 2014 – December 2016
Master of Accounting (Professional) with the degree of Master of Commerce; Specialised in
Business Management and Organisation

B. B. Mgt (Spl) (Acc) | University Of Kelaniya

October 2010 – January 2014
Bachelor of Business Management; Specialised in Accounting

COMPETITIVE SKILLS
• Financial Accounting • Accounts Receivables and Payables
• Internal Control Systems • Internal Audit
• Sage ERP, MYOB, Xero, Capital Office • Data Analysis & Reconciliation
Business Software, Saasplication CRP & • Stakeholder Management
Cin7 • Advanced Excel Applications
• Email Management