RAJ SHAH

630-624-7244 raj-shah@att.net www.linkedin.com/in/rajnshah

ACCOUNTANT / AUDITOR / FINANCIAL ANALYST


Resourceful professional with wealth of experience in recovery auditing, accounting, and financial analysis
operations; track record of achievement in managing key account disbursement and recovery audits as part of
leadership team. Highly proficient in general accounting, working with accounts payable/accounts receivable
(AP/AR), general ledgers, financial statements, quarterly/year-end reporting, reconciliation, and GAAP. Skilled
in handling mergers/acquisition and joint venture accounting and financial issues and in preparing concise,
accurate reports for use by managers in decision-making. Talented communicator with proven ability to lead
and develop accounting teams, as well as building productive relationships with key stakeholder groups.
Strong background in working within corporate and global business environments.


Recovery Auditing Expertise AP/AR Team Leadership/Motivation Financial Analysis General Ledger
General/Cost Accounting Regulatory Compliance Financial Statements P&L Internal Controls IPOs
Policy Development Quarterly/Year-end Reporting Reconciliation Payroll Administration Strategic
Sourcing Corporate Governance Budgeting Consulting Change Management International Business
Sarbanes Oxley/GAAP Job Costing Talent Management IFRS Forecasting Cash Management
Special Projects Taxation Variance Analysis Balance Sheet Benefits Administration ROE/ROI/ROA


PROFESSIONAL EXPERIENCE
CONSULTING PRACTICE Wood Dale, IL 6/2014-Present
Accounting, auditing, and financial analysis consulting firm.

Accounting, Auditing, and Financial Analysis Leadership
Researched industry leaders and participated in networking events and industry discussions. Tracked industry
trends, such as big brand financial accounting and auditing development.

Achievements:
Reduced accounting expenses by 30% for small businesses by volunteering to guide their business
operations; generated reductions in accounting expenses for small businesses by 50% by transitioning
accounting systems from manual to computerized.
Utilized analytical skills and accounting knowledge to assist 50 banks and insurance firms by volunteering
to create targeted seminar.

PRGX GLOBAL INC. Rolling Meadows, IL 1/1994-5/2014
International business analytic and information services company and leading provider of recovery audit
services to 75% of top 20 global retailers; operates in 30+ countries with 1.6K employees

Auditor/Financial Analyst/Accountant 4/2004-5/2014
Charged with daily disbursement and recovery audits for major retail/distribution clientele, such as Ace
Hardware, Osco Drug, Walgreens, Ulta, Office Max, and Supervalu; specialized in retail, pharmaceutical, and
grocery audits. Identified areas of lost revenue related to pricing, volume rebate, duplicate payments, freight,
and deal pricing and analyzed/assessed clients claims processes and business and financial operations
using accepted auditing concepts/practices. Updated claims management system and coached audit
assistants, along with new senior and staff auditors and offshore audit teams. Facilitated design of project
tools and communicated with management, IT staff, and team on new processes. Played important role in AP


RAJ SHAH
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PRGX Global Inc. Auditor/Financial Analyst/Accountant Continued

invoice audits related to pricing, volume rebates, duplicate payments, and email-capture auditing.
Communicated extensively with vendors and clients regarding recovery and claim concepts. Performed daily
claims writing and worked with JDEdware and SAP system to monitor vendors activities. Contributed to
organization-wide financial, compliance, operational, and strategic risk assessments.

Accomplishments:
Optimized companys auditing efforts by recovering $4M within 6 months, facilitating budget achievement
of 300% for fiscal year 2012; exceeded $12M in personal recoveries through audits of $3.5B+ in annual
net purchases each audit year. Produced personal recovery rate of 95% vs. industry average of
approximately 50%.
Contributed significantly to creation of margin analysis tool that helped to achieve 62% increase in
recoveries of claim type due to ease of review and understanding of merchandisers/suppliers.
Identified miscalculated allowances, advertising errors, duplicate payments, pricing and price protection,
volume rebates, freight, and vendor findings through meticulous contract review and evaluation.
Reduced staffing requirements by 50%, while recovering 70% of revenue within 4 months through
utilization of Auto Audit. Also reduced vendor correspondence timeframes by 70%.
Introduced targeted IT solutions to generate auditing efficiencies, such as new automated auditing
process and development/implementation of new auditing software that successfully streamlined audit
process to meet external control process, while reducing auditing time by 70%.

Accountant 6/1997-3/2004
Facilitated monthly close of domestic general ledger, including preparation of journal entries, reconciliation of
inter-company balances, and investigation of discrepancies or unusual activity. Guided data entry of journal
entries and ensured production of all required system-generated reports. Held accountable for financial
reporting and month-end reports, as well as rebate calculations and reports. Performed all aspects of AP/AR,
including reviewing/processing and payment distribution. Prepared financial schedules for monthly
management report and reconciled general ledger accounts, general disbursement cash, rebate, bank
accounts, and other variable accounts. Prepared journal entries, post, balance, and cost accounting analyses.
Interfaced effectively with co-workers, management, vendors, customers, and clients. Processed all federal
and state government quarterly tax filings, performing SOX for assigned areas. Balanced various report
systems daily, such as billing, SAP, and data warehouse. Managed expense accounts and income
statements and produced/distributed monthly and ad hoc reports for management. Oversaw payroll accounts.

Accomplishments:
Reduced AP staffing by 80% and effectively reconciled three complicated accounts, locating $125M error
within 24 hours, through transfer of manual accounting to electronic system. Also orchestrated transfer of
month- and year-end manual processes to electronic system.
Supported Accounting departments goals by meeting month- and year-end deadlines ahead-of-schedule.
Trained and coached underperforming co-worker to exceed work expectations within less than one week.

Audit Assistant/Supervisor 1/1994-5/1997
Provided exemplary training to support staff on customized computer software system and general
administrative processes, as well as auditing AP invoices for clients and entering data for invoices, previous
claims, and agreements into software package. Supervised and trained direct claims assistants and other
personnel and supervised work and productivity of 50 data entry staff. Updated daily claim management
system.







RAJ SHAH
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PRGX Global Inc. Audit Assistant/Supervisor Continued

Accomplishments:
Generated 75% cost reduction by completing training of 60+ support staff in less than one week.
Reduced data entry costs by 65% and achieved expense reduction of 40% by guiding transfer of manual
accounting to electronic system. Recognized for exemplary performance by receiving promotion to
Accountant.

Career Note: Served with distinction as Staff Accountant for FEDERAL LIFE INS.

EDUCATION / CERTIFICATION
Bachelor of Science in Accounting and Auditing, Illinois School of Commerce, Chicago, IL
Bachelor of Science Master, University of Gujarat, Gujarat, India
Associates Business Administration and Management/Accounting, Harvard University
Computerized Accounting (CA) Audit Specialist (Internal and External) Microsoft Excel and Access

COMPUTER SKILLS
Microsoft Office Suite (Word, Excel, and Access) GAAP QuickBooks PeopleSoft
JDEdware SQL EpiCor SAP

PRESENTATIONS
1K+ Presentations to High Profile Clientele and Vendors Regarding PRGX Services

LANGUAGES
Fluent in English, Hindi, and Gujarati