Hitesh Shah Accounts Professional with SAP, EX, DacEasy& Tally Experience Mobile: +971 508439404, 91 9712999428shahhiteshg@yahoo.comSkype ID : hiteshshah63

Professional Summary

I am graduate with more than 24 years of experience in accounting and finance. Currently working with Dubai Business link Communication (DU Channel Partner) and had been worked with Water India Pvt. LTD MNC as Sr. Accounts Officer Ahmadabad India. I worked with reputed corporate and MNC in India and Dubai My job challenges and skills included leading the Group’s monthly, quarterly and annual consolidation process.Maintenance and review of all monthly balance sheet reconciliations and reporting for all group entities.Advising on and play a role in executing the Group’s strategy with regards to corporate set-up, including structuring of intercompany loans and transfer pricing.Produce timely and accurate weekly cash flow forecasts, managing up streaming and downstream cash flows to optimize the Group’s working capital position.Input to the financial accounting aspects of ad hoc projects including acquisitions, JVs, restructurings and other corporate transactions.Deputizing the Group Financial Controller and provide adequate cover. Act as a check point for Payroll, Gratuity and Business expense claims challenging any discrepancies Outstanding Training, leadership and communication skillsKnowledge of Multi Company Accounting, Receivables & Payables

IT Skills

Proficiency in Windows, Word, Excel, Access, PowerPoint, Peachtree Computerized Accounting Software Systems 2006 & 2007 Edition, (e.g. two years in making WPS payroll)TCS’s EX Accounting Software.Sages, Dac Easy Accounting SAP –Tally 9.3 and Wingold and Wingold Next Accounting Software Expert in Gold FixingExhaustive experience of all tools of M S Office.

Professional ExperienceOasis Jewellery and Watches LLC Dubai UAEAccountant GeneralFrom Apr 2014 to till date

Preparing asset, liability, and capital account entries by compiling and analyzing account information.• Documenting financial transactions by entering account information.• Recommending financial actions by analyzing accounting options.• Summarizing current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports.• Substantiates financial transactions by auditing documents.• Maintaining accounting controls by preparing and recommending policies and procedures.• Guides accounting clerical staff by coordinating activities and answering questions.• Reconciling financial discrepancies by collecting and analyzing account information.• Securing financial information by completing data base backups.• Maintaining financial security by following internal controls.• Preparing payments by verifying documentation, and requesting disbursements.• Answering accounting procedure questions by researching and interpreting accounting policy and regulations.• Compiling with federal, state, and local financial legal requirements by studying existing and new legislation, enforcing adherence to requirements, and advising management on needed actions.• Preparing special financial reports by collecting, analyzing, and summarizing account information and trends.• Maintaining customer confidence and protects operations by keeping financial information confidential.• Maintaining professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.• Accomplishing the result by performing the duty.• Contributing to team effort by accomplishing related results as needed. Necessary Task for Administration:

Complete knowledge in arranging of labor/ ministry work (concerning cancellation, new staff for resident and visa expiration).

Validating time in/out (All staff in the shop) - for finalizing of attendance. Monitoring and arranging all necessary documents for Trade license, Lease Contract, Insurance and all

Mulkia of drivers. Monitoring passport renewal and vacation schedules of all staff. Manage and administer severance pay, absences, advances, updating employee data. Conducting process training, development initiatives for improved productivity of the staff relating to

enhancement/appraisal. Manage relationships with company’s Bankers and Suppliers. (Resolve bank issues including fee

anomalies, differences). Checking all important emails from the banks, suppliers and other parties, Provide assistance regarding expense claims, salaries issues and gratuity of employee.

Waters India Pvt Ltd ( MNC) AhmadabadSr Accounts officer F & AFrom November 2010 to 15th Dec 2013

World Leading Manufacturer of Pharmaceuticals Analytical Machines with turnover in USD 100 MillionKey Responsibility Areas:

Managing Collections of Gujarat, MP and Rajasthan. Fund Forecast, Actual Receipts / Payments Monitoring, Allocation & Review. Managing Collection of C Form, B.G and EMD Liaison with Banks & Reconciliation. Handling all statutory formalities including Sales Tax, PT, etc. Handling Travel claim of the region Inventory Control, Documentation, Warehouse Supervision and Stock Verification

Documentation with Banks, Daily Fund planning, Finalization of Accounts invoice to customers, Collection from customers, Collating MIS reporting on revenueInvoicing, Revenue projections, Monitoring of payments, Follow-up with customer for payment Debtors ageing analysis, Collections, reconciliation with creditors & scrutiny of ledgers.Checking expenses voucher accounting, checking material accounting, Bank Reconciliation Ledger Scrutiny Debtors and Creditors, Bill passing and monitoring, Daily MIS reportsmaintaining books of accounts in Tally.ERP 9, Handling Petty Cash, and Preparing Vouchers & Clearing Expenses of Marking Executives. Making payments of Mobile, Telephone, Light Bills

Key Achievements:

Streamlined all the plans, policies, procedures& guidelines in the region.

Graffiti India Pvt Ltd, AhmadabadManager – Sales AccountFrom October 2006 to November 2010

One of India’s leading manufacturer of Designer Tiles & Ceramics with a turnover of Rs 120 Crores.

Key Responsibility Areas:

Managing Collections on All India Basis. Fund Forecast, Actual Receipts / Payments Monitoring, Allocation & Review. Managing Cash Flow & Fund Flow, Deposits & Investments, Review and Reporting. Liaison with Banks & Reconciliation. Handling all statutory formalities including Sales Tax, Excise, PF, etc.

Key Achievements:

Streamlined all the plans, policies, procedures& guidelines in one place.

PCS Technology Ltd, AhmadabadA Patni Group CompanyCommercial ManagerFrom March 2005 to September 2006

A 100 Million Dollar IT Solutions Company with the Global Presence in 5 continents & 32 offices worldwide.

Key Responsibility Areas:

Providing commercial and financial support to help ensure short and long term financial goals. Follow-up with clients on all post-order commercial activities, including client servicing. Customer invoicing, D/N-C/N Commercials, Pricing Negotiations, Multi location Orders for HIR /

Payments, HO O/s Scrutiny NC Cases, 90 days Report, EMD & C/D Forms report & follow up. Responsible for payment collection from clients. Assist in commercial negotiations with suppliers, and follow-up with vendors for deliveries and related

commercial issues. Liaison with Head Office as well as Branch Offices as and when required. Budget & forecasting responsibilities regarding raw materials, consumables, expenditures etc. Policy making for cost control in all respect. Managing & Maintaining Sales Forms & preparing reports. Co-ordination with Senior Department for IT related problems, requirements and enhancements.

Key Achievements:

Got promoted to Mumbai Branch to handle Commercial Portfolio (South & East) within 6 months of joining.

Found out Sales Fraud in the organization and investigated for the same.

UPS Jet air ExpressPvt Ltd, Ahmadabad (MNC)Sr. Executive F & ADecember 2002 to February 2005

UPS Jet air is a joint venture between UPS Parcel Service Inc. (A Fortune 500 Company) & Jet Airways (India’s Largest Private Airline Company). The company offers a comprehensive range of cost-effective shipping solutions, including the export and import of express documents and packages throughout more than 200 countries and territories.

Key Responsibility Areas:

Handling Logistics, Imports/ Exports, Custom Matters Cargo Agents dealing: Inventory Control, Documentation, Warehouse Supervision and Stock Verification. Monitoring the progress of ongoing projects both financially & physically.

Managing All India Satellite Branches’ Accounting Functions: Maintenance& Review of Books of Accounts& Finalization. Responsible for Statutory Audits, Project Audit, Cash Audit/ Proprietary Audit & Confidential

Assignments for protecting Management interests. Accountable for Costing-Standard costs, Analysis, Variance Booking, Cost Reporting, Receivables &

Payables Accounting, Reconciliation, Review & Follow up. Handling Corporate Accounts.

Key Achievements:

Got 3 increments in the initial one and a half years on joining. Started handling portfolio of Internal Audit (North Region) with in 1 year of joining.

Sampat Tiles & Granite Trading Co. LLC, Dubai (UAE)Chief AccountantFrom January 1996 to November 2002

Company is engaged in imports, distribution and installation of Marazzi Tiles (Italy) for UAE.

Key Responsibility Areas:

Managing Cash Flow& Fund Management. Preparation of Monthly account reports& handling weekly budget and variance. Preparation of MIS Reports - Accounting, Inventory & Reporting Systems, Forms control and Reports. Handling issuing of Letter of Credit, openings and custom clearance. Managing Administration – Visa, Passport, Medical &Labor Contract Renewal, housekeeping etc. Maintaining Insurance Policies - Cover for contract, Workmen, Vehicles, Equipment and Materials Filing

of Claims, Follow-up with insurance companies and settlement.

Key Achievements:

Received Appreciation Letter from the Managing Director for effectively managing Cash Flow during the crucial financial situation.

Successfully managed 7 projects at a time.

Elbee Services Ltd, AhmadabadAccounts OfficerFrom October 1986 to December 1995

Elbee is a leading express delivery company covers more than 200 countries and territories worldwide with its international associates.

Key Responsibility Areas:

Maintaining of Books of Accounts, Profit & Loss Account, and Cash Purchase Register & Party Ledger. Handling MIS – Multi Location Transaction, P&L and Balance Sheet, TDS, Service Tax. Reconciliation with Head Office & Regional Offices.

Professional Trainings Undertaken

Personal Development Management – May 2004MumbaiUPS Jet air Express Pvt Ltd

Education Qualifications

Bachelor of Commerce (Advance Accounting & Auditing)Gujarat University, 1985

Switch Details

Average Employment Tenure : 4.4 Years per company Present Salary : Negotiable Other Perks (if Any) : N A Other Incentives (if Any) : NA Present Notice Period : 30 Days Expected Salary : As per Company Policy Preferred Contact Time : Any Time Open for Relocation : Yes Open for Relocation to : Anywhere

Profile Key Words

Manufacturing and Trading Accounts, COD Collection, Multi Location Transaction, Accounting, Fund Management, Budgeting, Cash Flow, Auditing, Commercial, TDS, E-TDS Filling, Sales Tax, MIS Reports, Bank Reconciliation, Tally 9.3, TCS EX Accounting System, Sage SAP Accounting Function, Documentation, Stock Verification.

References

Available on Request

Personal Details

Date of Birth : 8th November, 1963 Gender : Male Marital Status : Married Nationality : Indian Passport Details : L 7567567 Address : D – 408

Suprabh ApartmentBakeri city VejalpurAhmadabad Gujarat, India