Deepak Shah Email & Phone Number

Mumbai, Mh, In

Mumbai, Maharashtra, India

Part of KGK Group of CompaniesReporting to Company Director & Group Director• Monitoring the Major aspects of Business like Sales, Gross Margin, Debtors, Inventory & Expenses for the Group based on Business plan.• Analysed and highlight the major variances between Actual & Target sets for individual Markets. • Improve and Improvised the MIS Reports for review of the Management.• Monitored & analysed Key Performance Indicators (KPI), ROI & Financial ratios to Management• Manage the requests from and relations with the Group/Zone on financial planning & forecasting and actual reporting• Provide insight into creating Business Plans and timely execution of the same with implementation in system for further review and control

Mumbai & Dubai

Within the scope of my present role, I primarily accountable for carrying out financial analysis, developing financial planning processes, and structuring and implementing the overall plans. While I actively explore profitable opportunities and working on the finance models, I also applied advanced skills in financial analysis such as budget setting, expense variance analysis & financial consolidation; investigated and resolved potential project revenue leakage area.My JD• Establish, reorganize and develop new reporting format for the MIS & Financial Presentation• Document and maintain reports related to cash flow and presented them to regulatory authorities• Deploy various methodologies to analyze processes, recommended modifications to minimize escalations, realized operational efficiencies, controlled variability & costs and reduced cycle-time• Monitor & analyze Key Performance Indicators (KPI), ROI & Financial ratios• Conduct financial process review by analyzing current process, mapping/documenting process flows, appraisal of decision-making cycle • Attend discussions to discuss setting up budgetary parameters & profitability enhancement procedures. • Commanded the Finance team during monthly & yearly closings and during audits• Interpret cash flows & developing financial management mechanisms to minimize financial risk• Conduct the financial analysis, steering the overall operations and audits for the organization• Directed Group Insurance policy and VAT Reporting for Middle East and Germany Office• Accelerated month-end close processes, invoicing, journal entries & account reconciliationsAdditionally, I forecast and monitor funds flow and reducing the financial cost. I also develop a team on an on-going basis, including but not limited to professional development, performance management. In addition to this, I ensure compliance with statutory authorities and audit requirement.

Shenzhen, Guangdong, China

My succession path includes: Oct 2005 to Dec 2007: Account Executive – Diamond Manufacturing Office Jan 2008 to Jul 2010: Finance Manager – Jewelry Retail BusinessAt Finance & Inventory Manager, I managed accounting & compliance functions with statutory audit and DTC – BPP PolicyUndertook financial statement variance analysis (actuals vs. forecast, period-over-period actuals); provided explanations / insights on the same. I also created financial & regulatory reports required by laws, regulations, or boards of directors. I Supervised the Finance, MIS & Accounting for company’s Retails Shop & Manufacturing unit.Moreover, I projected monthly & annual expense, including any necessary recommended action required to manage costs to achieve budget. Also, I maintained standard cost (daily and annual) and inventory valuation updates; assisted plant staff with plant staff with interpretation and analysis of financial data; prepared asset, liability, and capital account entries by compiling and analyzing account information

Mumbai Area, India

As MIS Executive, I supported and resolved accounts as well as prepared reports; created, documented, and posted complex journal entries; recorded various intercompany transactions and cost allocations. I also adhered to accounting controls by following policies and procedures in compliance with legal and regulatory requirements for US officeI restructured & analyzed Diaspark Software to improve budget & MIS reporting along with it I Managed accounting operations, accounting close, account reporting & reconciliations.Apart from my regular responsibilities, I minimized the closing time for monthly & quarterly close by 40% by implementing new consolidation procedures. I also closely tracked all capital spending against approved capital requests

Mumbai Area, India

•Accounting and Administrative part of the Branches•Audit and Tax Reporting for the Company.•Banking and Financial transactions of the company.

Mumbai Area, India

Calculation of Income Tax and Filed Income Tax returns for Individuals.Assisted seniors during the Audit of Limited Company.Individually done Audit of Small Firms (Sales above 40lakhs).

Diploma In Ifrs, Ifrs Implementation And Accounting Principles

Bachelor, Commerce, 61%

Studied Accounts, Finance, Costing, Economics

Hsc, Commerce, 53%

Activities and Societies: Debate TeamAccount, Cost, Finance, Tax

Ssc (Tenth), 69.57%