I'm a Chartered (ACCA) Accountant with expertise in leading accounting operations, producing annual reports, implementing internal control systems, providing financial reporting and equipping the Board with information required to maximise the profitability of businesses. My key strengths include analysing financial information, producing management information and business intelligence reports for key stakeholders to drive high level commercial decision making. I have extensive experience in initiating and leading projects to implement efficient processes and deliver commercial solution. I am able to coordinate and direct preparation of the budget and annual financial forecasts to ensure variance reporting, financial governance, risk identification and risk mitigation. I am also adept at recruiting, developing and leading junior members of the team to ensure success for the team and the organisation.My areas of expertise include:- Financial and Strategic Planning - Financial Audit - Financial Analysis - Leadership- Management Accounting- Operating / Working Capital Management- Financial Reporting- Regulatory Compliance- Cash Flow Management and Modelling - QuickBooks / Tally ERP 9 / VT Accounting
Foam Mattress Limited
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Financial ControllerFoam Mattress Limited Jun 2010 - PresentKisumu, KenyaI was promoted to oversee all accounting operations including accounts receivable, accounts payable, general ledger, cost accounting, import and export, inventory accounting and revenue recognition. I'm directly responsible for 10 staff including Accounts Assistants, Procurement Manager, Accounts Receivable Manager, Accounts Payable Manager and Human Resource Manager, reporting to the Managing Director. Responsibilities include:- Providing financial, commercial and strategic support to the business.- Leading external audit processes and communicating with tax authorities.- Leading budgeting process and reporting of income and expense forecasts to management.- Overseeing the production of monthly management accounts, working capital management, budget variance, cash flow forecasts and statutory accounts returns and contributing financial analysis, commentary and recommendations for improvement.
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Senior Accounts OfficerFoam Mattress Limited Sep 2008 - Jun 2010KenyaI was hired to support the finance department responsible for the timely payment of invoices, monitoring and bank reconciliation and expenses and ensuring that financial records were accurate and current. I am directly responsible for 4 Accounts Assistants, reporting to Financial Controller. Responsibilities included:- Maintaining accounts receivables and payables, examining journal vouchers, petty cash ledger reconciliations, and numerous analyses including P&L variance, inter-branch accounts, and receivables and payables ageing.- Generating monthly close of financial statements, prepared management reports concerning purchases, sales and inventory.
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Senior AuditorJohn Cumming & Co Aug 2005 - Aug 2008KenyaI was promoted to support auditing of a diverse portfolio of accounts of clients across multiple sectors including private companies involved in trading, investment holding, retail, manufacturing and Non-Governmental Organisations (NGOs). I was directly responsible for 4 Accounts Assistants, reporting to the Audit Manager. Responsibilities included:- Conducting comprehensive financial audits, tax audits and stock audits to agreed-upon procedures. - Generating statutory accounts, management and representation letters and audit issues memoranda and engagements. - Managing audit assignments in compliance with the International Audit Standards (IAS) and performed analytical procedures/analyses to detect unusual financial statement relationships.
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BookkeeperJohn Cumming & Co Aug 2005 - Aug 2006KenyaI was hired to support accounts payable, accounts receivable and payroll, reporting to the Bookkeeping Senior Manager. Responsibilities included:- Matching invoices to receipts, conducting price checks, completing deposits and posting cash to accounts, processing month-end financial reporting and preparing statutory returns (PAYE, VAT and NSSF). - Preparing reports for the Tax Accountant and assisted the Financial & Credit Controller.- Preparing bank reconciliation reports for various bank accounts including both local and foreign currencies, taking up realised and unrealised exchange gain/loss.
Jignesh Patel Education Details
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Kisumu Senior AcademyAccounting And Finance
Frequently Asked Questions about Jignesh Patel
What company does Jignesh Patel work for?
Jignesh Patel works for Foam Mattress Limited
What is Jignesh Patel's role at the current company?
Jignesh Patel's current role is Financial Controller at Foam Mattress Limited.
What schools did Jignesh Patel attend?
Jignesh Patel attended Kisumu Senior Academy.
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Jignesh Patel
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