Susmita Raut
Staff Accountant (Contract)
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About
Prepared full year-end compilation files independently, including importing and mapping trial balances in CaseWare, reconciling key accounts, and drafting financial statements. Completed accurate T2 corporate and T1 personal tax returns, including CCA (S8), loss carrybacks, capital gains, carbon tax rebates, and investment income reporting. Filed HST/GST, payroll remittances, and prepared T4/T5 slips with reconciliation to CRA statements and client records.
Experience
Staff Accountant (Contract) - Stevenson Lehocki LLP - Burlington, ON
(2025-10)
- Prepared full year-end compilation files independently, including importing and mapping trial balances in CaseWare, reconciling key accounts, and drafting financial statements.
- Completed accurate T2 corporate and T1 personal tax returns, including CCA (S8), loss carrybacks, capital gains, carbon tax rebates, and investment income reporting.
- Filed HST/GST, payroll remittances, and prepared T4/T5 slips with reconciliation to CRA statements and client records.
- Performed detailed bank, credit card, shareholder loan, and payroll liability reconciliations, identifying and resolving discrepancies proactively.
- Posted adjusting journal entries for accruals, amortization, retained earnings corrections, dividends, prior-year adjustments, and tax payable adjustments.
- Assisted in CRA review files by preparing supporting documents, drafting responses, and communicating with CRA agents professionally.
- Worked directly with clients to obtain missing information, clarify issues, and ensure smooth completion of year-end and tax engagements.
- Utilized QuickBooks Desktop/Online, Sage, CaseWare/CaseView, Profile and Excel to support tax planning and year-end work.
Staff Accountant - Filing Taxes Mississauga - Mississauga, ON
(2024-08 - 2025-09)
- Prepared complex Personal Tax Returns (T1) including Self-employed (T2125), Employed (T4), Rental Properties (T776) completing Foreign Income Verification Schedule (T1135), Capital Gain and Loss Sch (3), Employment expenses (T777).
- Prepared corporate tax returns (T2) including various schedules such as Schedule 3 (dividends), Schedule 4 (losses), and Schedule 8 (CCA) on Tax Prep.
- Filing HST GST/ returns monthly with either traditional or quick method.
- Prepared financial statements for private enterprises with sales no more than $500,000 a year under supervision of manager.
- Brought trail balance from client, assigning account numbers, and manually inputting data to CaseWare.
- Imported trail balance with assigned account numbers from excel into CaseWare and mapping them to draft financial statements.
- Analyzed accounts receivables' aging summary, writing off bad debts, and recording amortization on assets.
- Processed year-end and recording adjusting entries such as tax payable and dividends payable entries.
- Imported client data from CSV file to QuickBooks and reclassifying accounts to prepare financial statements and do Bank reconciliations.
- Assisted manager to record and reconcile payroll to prepare year-end T4 summary.
Accountant - Chens Enterprise - Mississauga, ON
(2023-08 - 2024-05)
- Perform day-to-day financial tasks in QuickBooks, including invoice processing, account reconciliation, and management of accounts receivable.
- Prepared weekly report for internal review, contributing to informed decision making by senior management.
- Generated and issued client invoices, tracked outstanding balances, and conducted timely follow-ups- successfully reducing overdue receivables by 25%.
- Performed regular reconciliations of A/R accounts to ensure accurate reporting and smooth cash flow.
- Served as a point of contact for customers and vendors, addressing inquiries related to orders, payment, invoicing, and stock availability, helping built reliable relationships.
- Recorded all financial transactions, inventory adjustments, and receivable entries with a focus on accuracy, timeliness, and compliance.
- Collaborated with the warehouse team to monitor and update inventory levels, identify, and resolve discrepancies, and improve inventory accuracy by 15% through regular system updates.
- Supported general office operations by managing filing system, ordering office supplies, and maintaining and organized and efficient work environment.
Sales Representative - Glentel Inc - Mississauga, ON
(2023-01 - 2023-07)
- Consistently met or exceeded daily sales targets, contributing to 5-10% increase in monthly store revenue.
- Provided exceptional customer service while maintaining deep knowledge of products, pricing, and promotions.
- Maintained compliance with all loss prevention policies, reducing shrinkage through vigilance and proper handling.
- Completed daily inventory counts and spot checks with 98% accuracy.
- Upheld the store's professional image through regular maintenance and merchandising tasks.
Customer Service Representative (Part-time) - Hakka Legend - Mississauga, ON
(2022-05 - 2023-06)
- Increase average customer order size by 3.2% through upselling and cross-selling products and maximized sales by communicating accurate information about products and weekly specials to customers.
- Achieve 70-80% increase in customer satisfaction by delivering quality service to 500+ customers, resolving customer queries effectively and coordinating with departments to ensure satisfactory complaint management.
- Strengthen operational efficiency by 1.5% through operating risk assessment tools to escalate issues to the manager, and implementing measures to improve merchandise quality, delivery accuracy, customer wait time.
Accountant Assistant - Spark Group - Kathmandu, Nepal
(2018-04 - 2022-01)
- Managed customer invoicing and payment processing for vehicle rental, ensure accurate billing and timely collection.
- Reconciled daily transaction, monitor accounts receivable / payable and maintained up-to-date financial records for reporting.
- Collaborated with sales and operations teams to verify vehicle rental details, pricing, and expense tracking, improving billing accuracy and internal coordination.
Volunteer - Community Volunteer Income Tax Program - Mississauga, ON
(2024-03 - 2024-04)
- Prepared personal income tax returns (T1) for lower income individuals or families to report their social security income for the year with U-File
- Interviewed taxpayers to obtain sufficient information on taxable income, deductible expense, and allowances.
- Consulted Income Tax Handbooks to determine appropriate procedures for preparation of tax returns.
Education
Human Resources and Business Management - Algoma University (2022-05 - 2023-12)
Bachelor of Business Administration - Sainik Awasiya Mahavidhyalaya (2016-07 - 2019-06)
