Shivani Somani

Accountant at Calm
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Fremont, California, United States, US

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Experience

    • United Kingdom
    • Design Services
    • Accountant
      • Jan 2023 - Present

    • Staff Accountant
      • Nov 2021 - Feb 2023

      United States

    • Finance Consultant
      • Nov 2020 - Nov 2021

      United States -Key member of the finance team responsible for accounting close process, assuring month-end close tasks and reconciliations are completed on the assigned due dates. -Responsible for managing corporate cards and reconciling them monthly. In addition, assisting in the process of issuing and maintaining VCC. -Leveraged Bill.com (AP system) daily to enter vendor invoices while ensuring correct coding. Also responsible for managing vendor inquiries. -Monthly maintenance of prepaid and… Show more -Key member of the finance team responsible for accounting close process, assuring month-end close tasks and reconciliations are completed on the assigned due dates. -Responsible for managing corporate cards and reconciling them monthly. In addition, assisting in the process of issuing and maintaining VCC. -Leveraged Bill.com (AP system) daily to enter vendor invoices while ensuring correct coding. Also responsible for managing vendor inquiries. -Monthly maintenance of prepaid and fixed asset schedule, along with creating month end accrual and consolidation entries. -Entering revenue and matching all cash transactions in Netsuite. Facilitate creation of reclass entries with appropriate supporting documentation. -Hands on experience with accounting systems like Netsuite, Bill.com, Expensify, Gappify -Supporting the team in streamlining new accounting systems and process improvements along with sufficing team needs thru ad-hoc projects.

    • United States
    • Accounting
    • 500 - 600 Employee
    • Staff Accountant Intern
      • Jan 2014 - Mar 2014

      San Fransisco • Using EPace completed several audits and prepared comparative FS & notes to opinion focusing in the LIHTC (Low Income Housing Tax Credit) industry. • Under an aggressive timeline audited Cash, AR, AP, FA, Equity, Long term liabilities in addition to preparing Balance Sheet, Income Statements, and Cash Flow Statements. • Performed testing of rental income, interest expense, and other partnership fees by manipulating excel formula templates. • Worked directly with clients and external… Show more • Using EPace completed several audits and prepared comparative FS & notes to opinion focusing in the LIHTC (Low Income Housing Tax Credit) industry. • Under an aggressive timeline audited Cash, AR, AP, FA, Equity, Long term liabilities in addition to preparing Balance Sheet, Income Statements, and Cash Flow Statements. • Performed testing of rental income, interest expense, and other partnership fees by manipulating excel formula templates. • Worked directly with clients and external parties to obtain confirmations. Show less

    • United States
    • 1 - 100 Employee
    • Senior Accountant
      • Sep 2009 - Jun 2010

      Jaipur Area, India • Positioned in the management hierarchy working directly with Global Business Services (Dubai) handling expenses of GE in addition to streamlining their finance and accounting (F&A) process • Position was client facing, playing a Business to Customer role helping clients with their business queries as well as in depth analysis of their financial statements such as balance sheet, cash flow & profit loss statements • Performed reconciliation of 15 accounts on a (monthly) basis in addition… Show more • Positioned in the management hierarchy working directly with Global Business Services (Dubai) handling expenses of GE in addition to streamlining their finance and accounting (F&A) process • Position was client facing, playing a Business to Customer role helping clients with their business queries as well as in depth analysis of their financial statements such as balance sheet, cash flow & profit loss statements • Performed reconciliation of 15 accounts on a (monthly) basis in addition to monthly/quarterly/yearly closing activities and reporting • Performed closing books of accounts and month opening process for accounts, ensuring all prior month entries had been booked and closed • Analyzing entire balance sheet with detailed explanation of closing balances and reporting it to upper management. • Implemented a new report in Excel which helped customers to better analyze the base cost involved in their various business lines. The report was built to portray vast amount of data using pivot tables and vlookups Show less

    • India
    • Consumer Services
    • Intern
      • Oct 2007 - Aug 2009

      Jaipur Area, India • Chartered Accountant firms registered with the Institute of Chartered Accountants of India; performing internal/tax/statutory auditing, financial planning, income tax returns among other FP&A services • Tasked with performing internal audit and income tax return filing for more than 10+ companies, 6+ partnership firms, 8+ sole proprietorship, and 4+ charitable trusts • Managed tax auditing and appeal preparation from tax offices for mid-size firms. Assisted upper management with… Show more • Chartered Accountant firms registered with the Institute of Chartered Accountants of India; performing internal/tax/statutory auditing, financial planning, income tax returns among other FP&A services • Tasked with performing internal audit and income tax return filing for more than 10+ companies, 6+ partnership firms, 8+ sole proprietorship, and 4+ charitable trusts • Managed tax auditing and appeal preparation from tax offices for mid-size firms. Assisted upper management with project financing by evaluating revenue recognition of project • Prepared and maintained books of accounts for clients. In addition, performed closing inventory at client's site • Showed ability to pick up fundamentals of finance related topics quickly and with minimal assistance Show less

    • India
    • Accounting
    • 1 - 100 Employee
    • Intern
      • Aug 2006 - Oct 2007

      Jaipur Area, India • Chartered Accountant firms registered with the Institute of Chartered Accountants of India; performing internal/tax/statutory auditing, financial planning, income tax returns among other FP&A services • Tasked with performing internal audit and income tax return filing for more than 10+ companies, 6+ partnership firms, 8+ sole proprietorship, and 4+ charitable trusts • Managed tax auditing and appeal preparation from tax offices for mid-size firms. Assisted upper management with… Show more • Chartered Accountant firms registered with the Institute of Chartered Accountants of India; performing internal/tax/statutory auditing, financial planning, income tax returns among other FP&A services • Tasked with performing internal audit and income tax return filing for more than 10+ companies, 6+ partnership firms, 8+ sole proprietorship, and 4+ charitable trusts • Managed tax auditing and appeal preparation from tax offices for mid-size firms. Assisted upper management with project financing by evaluating revenue recognition of project • Prepared and maintained books of accounts for clients. In addition, performed closing inventory at client's site Show less

Education

  • American Institute of Certified Public accountant
    Certified Public Accountant
    2012 - 2013
  • The Institute of Chartered Accountants of India
    Chartered Accountant, Accountancy, Taxation, Costing, Financial Management, Company Law
    2005 - 2009
  • Maharani Gayatri Devi Girls College
    Bacherlors, Bachelors of Commerce, 2007
    2004 - 2007

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