Cmakajal Pal

Cost and Management Accountant (CMA) with 3+ years of experience in US Accounting, bookkeeping, financial reporting, payroll processing and month-end close. Experienced in managing accounting operations for a US accounting firm serving insurance agency clients. Successfully onboarded 50+ US bookkeeping clients, averaging 5 client implementations per month, with expertise in Xero, QuickBooks, SageIntacct, ADP, Gusto, TaxDome and Excel.

Senior Accounts Officer in US Accounting at QX Global Pvt Ltd. (2025-07 – Present)

• Manage end-to-end bookkeeping for a dedicated US accounting firm serving multiple insurance agency clients.
• Onboarded 50+ US bookkeeping clients (5 per month) before handover to operations.
• Processed 5,000+ accounting transactions, reconciliations and journal entries.
• Prepared cash-basis financial statements and month-end reports.
• Processed payroll using ADP and Gusto.
• Created SOPs and communicated directly with US clients.
• Used Xero, ADP, Gusto, Taxdome and Excel daily.

Accounts Executive in US Accounting at AKM Global (2024-11 – 2025-03)

• Assisted Seniors on handling end to end process of bookkeeping of Multiple US Clients.
• Assisted on categorization of Bank feeds on QuickBooks.
• Did Bank Reconciliation, Prepared Tie Outs and Financials for the comparative analysis.
• Assisted in the Process of US Audit of Expenditure

Accounting at Fundtec Services LLP (2021-04 – 2022-10)

Responsible for maintaining and reporting on the financial records of the US based client ensuring compliances with US GAAP under the guidance of Manager and CFO of the company. Worked with a team of 3 finance associates and collaborated with various departments to improve efficiency and accuracy of financial reporting.

• Received Token of appreciation for timely reporting of all the deliverables requested by the client.
• Appreciation for innovating and implementing a payroll system, achieving 80% accuracy and 50% time saving.
• Appreciated to make the payments via ACH, Wire, Fund Transfer internally and externally with 100% accuracy.
• Ensured accurate and timely payment processing, minimizing discrepancies, and optimizing financial workflows.
• Streamlined payment procedures, enhancing efficiency and reducing turnaround time.
• Managed Payroll processing for more than 100+ employees amount involving $1.5M per quarter.
• Handled, processed and maintained all vendor files, responding to all vendors inquires including year-end 1099s.
• Reduced month-end and Year-end closing process for expenses by 4 business days.
• Assisted in introduction of new automation suite Nexonia to replace the legacy system of handling credit card transactions, which resulted in 50% reduction in processing time.
• Responsible to collect the Management fee Schedules from fund managers to calculate the commissions & create the invoice.
• Coordinated with fund managers, investors and other partner areas to accrue revenue.
• Collaborated with legal and data team of the organization for insight of the contracts between the organization and clients.
• Processed 200+ invoices monthly and ensured timely collections of the payments.
• Improved the process of collections and sending reminders to clients which resulted in 99% accuracy while sending reminders and 35% fast recovery.
• Prepared AR Ageing report which helps the CFO to estimates in the forecasting of the revenue.
• Performed Bank Reconciliation, Prepaid expenses reconciliation, Accounts Payable Reconciliation, Accounts Receivable Reconciliation, Inter Company Reconciliation for maintaining the accuracy of the financial records by 99%.
• Actively participated in statutory audit, providing meticulous documentation and ensuring transparency in financial processes.
• Prepared Income Statement and Balance Sheet at every end of the month, quarter and year for the client.
• Analyzed Variances, which resulted in cost control of the software Paychex which was used to process payroll.
• Performed all the month end, quarter end and year end activities like posting month end journal entries, assess fixed assets, adjusting entries, expenses analysis and bank balance, within the expected business days.

B.Com – The Institute of Cost Accountants of India (CMA)

Diploma in Financial Management – The Institute of Cost Accountants of India (CMA)

Diploma in Production Management – The Institute of Cost Accountants of India (CMA)