Tushar Parekh Email & Phone Number

Mumbai, Mh, In

Mumbai, Maharashtra, India

From November 2021 onwards, I am working full time as a Consultant on assignment basis.

Mumbai, Maharashtra, India

Reporting to Promoter/ Managing Director- Garodia group is having IB and ICSE board schools, Undergraduate college and affiliations with Finland, USA Broward university etc. It also provides various management courses online and offline along with various other courses in different fields.* As a professional on assignment, I overlooked all functions of accounting, finalisation, cash flow management, statutory compliances etc.* Handling statutory auditors and FI auditors.* Maintaining cordial relations with vendors, education board personnel, bankers, NBFCs, etc.* Also responsible for all fee collections and maintaining warm relations with parents and affected parties. * Furthermore, looking after administrative functions and handling outside parties as and when required.* Formulating Budgets and undertaking ratio and variance analysis to spell out difference between actual and projected performance and taking corrective measures.* Preparing Monthly Management Reports and its presentation to management.* Scrutinising annual and long term business plans and its impact on monthly and annual cash flows.

Gujarat, India

Reporting to Partner/ Managing Director* Assisting Partner in meetings with Banks and FIs for raising long term funds.* Negotiated with financiers for loan against Bank Guarantees and Letter of Credits.* Successfully negotiated with one of the top private bank in reducing FD Margin against Bank Guarantees from 100% to 50% by various presentations of business plan and future outlook.* Co-ordinating and fulfilling various requirements of financiers and meeting them for explaining variances, if any.* Taking care of daily fund management of projects, capital and admin related payments by overseeing and controlling finance availability including timely repayments of external borrowings and interest.* Taking full responsibility for preparing various financial statements, monthly cash flow, profit and loss account and getting unqualified internal audit reports.* Formulating Budgets and undertaking ratio and variance analysis to spell out difference between actual and projected performance and taking corrective measures.* Preparing Monthly Management Reports and its presentation to management.* Scrutinising annual and long term business plans and its impact on monthly and annual cash flows.* Significantly engaged in the preparation and implementation of Standard Operating Policies and manuals for ready reference to all concerned departments.* Responsible for applicable Statutory Compliances like GST, TDS, Advance Tax, etc. For their monthly payments and quarterly and annual returns.* Looking after financial aspect of RERA compliances including Form 3 and Form 5* Handling taxation matters like penalty proceedings u/s 271(1)(c) and scrutiny assessments u/s 143(3) of the Income Tax Act 1961.

Mumbai Area, India

Reporting to VP Accounts & Director* Responsible for finalisation of accounts, cash flow, audits and compliances of multiple group companies having Pan India presence, as per the Indian Accounting Standards and Companies Act 2013 within definite timelines.* Having SAP- ERP exposure towards Centralized Corporate accounting, Real Estate, Retail & Project accounting.* Responsible for the finalising quarterly/ half yearly Balance Sheet, Profit & Loss account and Cash Flow statements and undertaking consolidation of multiple group companies.* Responsible for maintaining accurate and timely accounting compliances as per the accounting principles by strengthening internal control system and by introducing various forms, reports on continuous basis to present correct picture to management for prevention of fraud, errors, mischiefs and revenue leakages.* Responsible for solving and handling all the accounting and operational issues.* Handling Domestic Transfer Pricing of multiple group companies which includes but not restricted to exercising controls over related party transactions, documentations, transfer pricing audits and preparation of Transfer Pricing Reports.* Responsible for preparation & compilation of monthly MIS by incorporating reports from all the locations, its analysis and comparison with budget, evaluating variances, charting out areas of concerns, incorporating probable causes and suggestions and presentation of detailed analysed report including suggestion of corrective steps.* Responsible for preparation of annual budget by coordinating with various HODs for collection & consolidation of data after due analysis and its presentation to the senior management and directors.* I was part of the CORE TEAM-FOCUS TEAM for implementation of ERP-SAP FICO module and integration with other modules across K. Raheja Group in India and trained more than 150 employees across all locations.

Mumbai Area, India

Inorbit Mall is part of the K.Raheja Group.* Initially I was part of Inorbit Malls looking after Mall, Retail, Project accounting.* I was selected as core team member in SAP implementation in K.Raheja group for FICO module and its integration with various other modules based on my understanding of various processes and ability. * After successful implementation and configuration of various reports for smooth functioning of SAP, I was transferred to Inorbit corporate accounts and finance team.* After few years of very successful stints at Inorbit Corporate, Malls, Projects and SAP implementation, I was transferred to main Real Estate division of K.Raheja group.My detailed profile at Inorbit and Raheja is in segment of K.Raheja.

Mumbai Area, India

Reporting to Managing Director. (Listed on Indian stock exchanges).* Responsible for preparation of the financial statements, Cash Flow, Tax Audit reports, etc. as per the Indian Accounting Standards, Companies Act 1956 with strict deadlines and preparation of Income Tax Returns, Deferred Tax and Wealth Tax Return etc. as per the prevailing relevant Acts.* Acted as a backup man for supporting senior management team while raising working capital finance and long term funds from banks and financial institutions. Also prepared various reports, presentations and assisted in handling negotiations with bankers and financial institutions* Responsible for preparation of Annual Report, Corporate Governance, Management Analysis, Shareholders’ Information, etc. which needs to be published and circulated to the stakeholders.* Responsible for applicable Statutory Compliances with respect to various Statutory Liabilities of the organisation like Service Tax, TDS, PF, PT, Advance Tax, etc. and their quarterly, half yearly, yearly returns.* Responsible for physical asset verifications and custodian/ tracker of the assets of the Company with respect to their physical location and book records.* Responsible for preparation, Analysis and evaluation of monthly MIS reports incorporating reports from all the locations and presentation to the management within a strict deadline.* Responsible for preparation of annual budget by coordinating with various HODs for collection of data and consolidating them after due analysis and presentation of it to the senior management and directors.

Mumbai Area, India

Reporting to CFO. (Listed on Indian stock exchanges).* Responsible for preparation of the financial statements, Cash Flow, Tax Audit reports, etc. as per the Indian Accounting Standards, Companies Act 1956 with strict deadlines and preparation of Income Tax Returns, Deferred Tax and Wealth Tax Return etc. as per the prevailing relevant Acts.* Responsible for the finalising quarterly/ half yearly Balance Sheet, Profit & Loss account, Cash Flow, etc. Which were required to be published as per the listing requirements of the stock exchanges.* Responsible for preparation of monthly MIS reports incorporating reports from all the locations and corporate office and presentation to the management within a strict deadline.* Analysis and evaluation of monthly MIS vis-à-vis approved budget and evaluating variances and presenting detailed analysed report including suggestion of corrective steps.

Mumbai Area, India

Reporting to GM Finance.* Assisted in finalising various group companies’ financials including Balance Sheets, Profit & Loss accounts, Financial Statements, Cash Flow statements, Tax Audit reports, etc.* Responsible for Liasioning with and handling of statutory auditors and internal auditors.* Responsible for preparation of monthly MIS reports reflecting foreign receivables, LCs utilisation, Tracking receivables and use of export quotas.

Chartered Accountant, Accounts, Management, Finance, Costing, Taxation, A+

Activities and Societies: Debates in various study meets

Bachelor Of Commerce (B.Com.), Business/Commerce, General, First Class

Activities and Societies: I have taken part in various activities like Vivas, Study debates, Students representative in Students- College.

Ssc, Business/Commerce, General, First Class

Activities and Societies: Various School activities

School, Gujarati, First Class

Activities and Societies: Various school competitions