Nilam Panchal Email & Phone Number

Stockton, Ca, Us

Stockton, Ca, Us

Turlock, Ca, Us

Cupertino, Ca, Us

o Modeled accounting system for restart of plant operations incorporating strong internal controls to ensure compliance with SOX.o Work with management team to forecast, plan, and manage cash flow forecasts and budgets.o Develop metrics to measure plant operating efficiency and manage inventory control.o Prepare financial statements and schedules for SEC reporting and lenders inclusive of preparing monthly general ledger entries in compliance with GAAP and balance sheet account reconciliations.o Coordinate all aspects of a rolling forecast of income statement and balance sheet and prepare weekly management variance reporting.o Manage transactional aspects of plant accounting operations including revenue recognition, inventory management, purchasing, accounts payable, monthly close process, and communicate with outside parties in regards to the accounting process. Coordinate all aspects of merger and acquisition accounting.o Work with management to coordinate all aspects of purchasing from identifying vendors, negotiations, credit management, ordering, and final paymento Coordinate all aspects of quarterly financial statement audits and other oversight activities.o Key player in implementation of Blackline, financial close and automation platform and ExpenseWatch, procure to pay automation platform

Stockton, Ca, Us

Livingston, Ca, Us

Involved in many different aspects of GAAP based financial reporting involving preparation of period financial statements, rolling thirteen period and annual forecasted financial statements, quarterly board reporting, and assisting accounts payable department.o Coordinate all activities for annual audit, including planning the activities and timelines, preparing profit and loss schedules, balance sheet roll forwards, financial statements and relevant footnotes and other supporting documentation requested by external auditors.o Audit field accountants’ balance sheets accounts on an annual basis and provide feedback on the accounting and general process issues. As well as documentation of all processes in management of balance sheet accounts, and a performance of risk assessments. Communicate with upper management regarding any issues found.o Supervision of period close process including reviewing all journal entries, cash reconciliations, balance sheet account reconciliation, preparation of related party activity journal entries, and financial statement preparation.o Analyze period financial statements and communicate with upper management regarding differences between actual and forecasted financial statements.o Key player in development of rolling thirteen period balance sheet, cash flow, RONA, RODA, and interest forecasting models.o Forecast balance sheet, cash flow, RONA, RODA, and interest expenses on a thirteen period rolling basis.o Communicate, coordinate, and train all aspects of business regarding thirteen period rolling forecast model of Selling, General, and Administrative Expenses (SG&A) in COGNOS. Prepare period reporting of SG&A forecast using COGNOS and continuously work with IT dept. in order to improve COGNOS model used by business.o Prepare quarterly board reporting and work with upper management on the betterment of quarterly board reporting.o Supervision of staff as needed.

Livingston, Ca, Us

o Key player in the day to day accounting of fixed assets and CIP (Construction in Progress) Projects and lead implementer of Asset Acquisition and Construction (AAC) model (portion of SAP ERP system)o Prepared GAAP complied period accruals and period closing entries.o Review, release, and settle Capital Requests and Asset Disposition transfers as per company policies and procedures and in accordance with GAAPo Maintain fixed assets within Fixed Asset Management Systemo Organize Fixed Assets in relationship with other departmentso Communicate and coordinate with all levels of management including external auditors and vendors.o Prepare and develop monthly, quarterly, annual reports to present to Board.o Coordinate and prepare annual budget and forecasts when needed.o Researching and implementing improvements in Fixed Asset policies and procedureso Training and assisting field accountants in improving Fixed Asset policies and procedureso Teamed with IT dept. on various projects like plant and fleet maintenanceo Promoting efficiency for the betterment of the organization.

Master Of Business Administration (Mba) And Bachelors Of Science, Business: Accounting/ Finance

Education record