Nitul Patel Email & Phone Number

Piscataway Township, Nj, Us

Piscataway Township, Nj, Us

East Brunswick, New Jersey, Us

• Prepare and post general ledger journal entries to ensure accuracy of financial records• Keep accurate accounting of all fixed assets• Prepare and analyze account reconciliations• Prepare reports detailing expenses as required• Prepare financial statements (monthly and annual)• Provide follow-up and documentation of significant variances• Prepare Monthly Sales and Use Tax Returns for the various jurisdictions• Assist with external audits (complete requested material, prepare assigned schedules, etc.)

South Plainfield, Nj, Us

South Plainfield, Nj, Us

• Reviews/develops all financial reports, including monthly and year-end• Fixed Assets Management - recording the cost of newly-acquired fixed assets, tracking existing fixed assets, recording depreciation, and accounting for the disposition of fixed assets.• Assist in identifying, developing, and implementing strategic goals and objectives for continuous improvement of the financial reporting processes.• Assist with external audits and work closely with all external auditors• Assist with Implementation of new ERP system• Verify rebate eligibility by client formulary and line of business. • Rebates Accrual and Payments• Analyzing Accounts on Monthly basis and reconciliation • Commission Computation on Monthly basis• Maintain an understanding of financial and accounting concepts, and apply them to financial systems to implement best practices or process improvement.

• Contribute to month end close, maintaining various month-end analysis & schedules to prepare journal entries and maintain orderly accounting filing system and chart of accounts.• Providing financial reports, maintenance of an adequate system of accounting records.• Prepare and evaluate monthly balance sheet, income statement, and other financial reports and communicate recommendations. • Provided weekly analysis to identify underperforming clients and make recommendation to management on next steps.• Preparation of business plan including budgeting, forecasting, revenue reporting.• Bank reconciliation completed on time and analyze bank account and petty cash management.• Highly responsible for Account Payable (AP) and Receivable (A/R) up to date maintenance. To make sure accounts payable are paid in a time and accounts receivable are collected on time.• Recommend policies and actions to provide better financial management and greater efficiency.• Providing payroll to the CPA on timely bases and passing the respective entries into QuickBooks.• Maintaining the cash flow and preparing management account on monthly bases.

• Participated in month-end closing process including the preparation of monthly balance sheet and income statements. Performed balance sheet and P&L account analysis and reconciliations, including multiple bank reconciliations, Account Payable (A/P) and Account Receivable (A/R) reconciliation.• Prepared weekly and monthly financial status reports/trend analysis for manager.• Following up with the shipping line on the status of the shipment and liaising with the customers for payment. • Supervised staff members and partnered with logistics teams to ensure vendor and shipment issues were resolved timely and accurately.• Reviewed and examined expenses to ensure costs were recorded in the proper cost center.

• Discussed the external auditors’ recommendation with the audit manager and the head of the respective departments.• Formal training sessions on Dynamic AX (ERP System) for Civicon Uganda employees.• Financial Accountant of Civicon Congo (Handling Congo Payroll taxes, TVA, fixed Assets and liaising with the site accountants and presenting report to the top management). • Liaised with internal auditor and external auditors to complete audit for Civicon Group. (Traveled to Congo sites and Uganda branch) and checked batches (accounting entries) before being posted on the main accounting system.• Prepared basic financial and operational analysis of the monthly financial results. Work with the account management staff to understand the drivers causing the budget versus actual variances and recommended corrective actions.• Participated in month-end closing process including the preparation of monthly balance sheet and income statements. Performed balance sheet and P&L account analysis and reconciliations, including multiple bank reconciliations and inter-company balances.

• Performed audit planning considering the control risk, audit scope and objectives.• Assist the Senior Auditor in reviewing previous audit reports and work papers, company files, financial reports and audit. • Audit of sole proprietorships, partnerships and limited liability companies of small to medium size, and assisted seniors in completion of audit for large sized corporations within the field of manufacturing, trading and service industries in accordance with International Standards of Audits (ISAs). • Drafted financial statement and management letter as per IFRS.• Reviewed and examined expenses to ensure costs were recorded in the proper cost center.• Used computer assisted program to tailor the audit programs and carried out the audits of small and medium sized limited liability companies in accordance with ISA. • Prepared Tax computation and completed tax return for individuals, partnerships and companies.

Bachelor'S Degree In Accounting, Association Of Chartered Certified Accountant

Master Of Business Administration (Mba)