Jayesh Parikh Email & Phone Number

Pune, Maharashtra, India

Pune, Maharashtra, India

• Functional lead – FS SBU Central Reporting & Controlling Team.• Custodian of FS SBU Finance – Responsible for Actual, Forecasting & Budgeting reporting process.• Involve in consolidation process of monthly operating performance reports along with actionable insight for leadership review while supervising for senior Finance professionals (including establishment of performance standards, goal settings, performance and relationship management).• Report flash/Actual for FS SBU (across BU’s & Region) to enhance the decision making process.• Carry out high level analysis and commentaries to management for explaining the root cause of deviation from Forecast/Budget.• Review of Financials and Allocation of Costs.• Provide executive pack for SBU CFO, LFD’s & Group.

Dubai, United Arab Emirates

• Spearheaded end-to-end financial operations of the company including finance & accounts, budgeting, accounts receivable and payable, MIS Management and Auditing • Supervised preparation and maintenance of books of accounts and financial statements, ensured compliance with statutory requirements; prepared Shareholder’s Current Accounts• Managed cash and debtors collections receipt by reference to ledger to ensure they are accurately reflected in the financial statements• Ensured timely processing of payment vouchers by checking supporting documents, bills, making cheque and cash payments, coding the vouchers with cost centre and account codes and entering in the system• Made application of creditor’s settlement payables ledger by selecting dues as per references received from leisure suppliers, to reflect the payables in the financial statements• Reviewed daily sales reports for accuracy in respect of applicable commission rates, taxes, fares as well as rebates• Made corrections (re invoicing) for invoices issued on cash basis instead of credit (corporate), to ensure accurate recording of debtors as per requirements of finance department• Checked refund calculations and prepared credit notes to ensure BSP payable accuracy and customer satisfaction• Issued reports for monthly and quarterly sales, Cost to Company, Sales vs. budget showing company’s and staff productivity and performance• Conducted monthly and quarterly financials for management’s review; advised on cost effectiveness wherever necessary• Maintained Bank Guarantees, renewed Facility Offer Letter, coordinated with Bank RM for quick action • Negotiated with Airline / GDS for better staff and company incentive• Assisted auditors during interim & final audit till the finalization of statements• Looked after VAT relates issues

Dubai, United Arab Emirates

• Administered accounts and finance activities including sales accounting, receivables & payable activities• Formulated budget and analysed with actual results on monthly, quarterly & annual basis• Supervised banking activities and maintained proper internal control; coordinated with financial institutes for all Bank Facilities / Term Loans• Headed payroll management activities including preparation, finalization and disbursement for 300 employees; calculated and disbursed commission• Managed activities related to:o Accounts Receivables including collection accounting, dealer a/c reconciliation, discount and balance confirmationo Accounts Payable including selection of vendors, maintenance of vendor master, processing of service related bills, issuing AP Aging report; checking payment terms and ensuring timely release • Monitored sales accounting including collection, invoicing & returns; issued daily sales report• Maintained Debit /Credit Note, Sales Invoices /Sales and Purchases Return; authorized Creditor’s invoices in appropriate accounting heads in the system• Tracked customer account details and identified delayed payments and non-payments • In-charge of petty cash; generated AMC revenue on monthly & timely basis• Verified invoice, local purchase order, delivery notes and other related documents with required approvals• Generated MIS reports including cash flow statements, audit and financial reports to update on the financial performance

Dubai, United Arab Emirates

• Calculated liability including recoding of suppliers invoice• Performed bank reconciliation in various foreign currencies as AED, USD, Euro and GBP• Drafted payment vouchers for overseas suppliers like DELL, APC and Micros Fidelio (Now Oracle) and selected payment mode through telegraphic transfer• Prepared payment voucher for:o Local supplier and made payment through chequeo Non suppliers through cheque• Calculated Light and water for each employee towards deduction from salary.• Involved in preparation, finalization and disbursement of payroll for 220 employees

Dubai, United Arab Emirates

• Executed financial transactions and posted data entries of Journal, Purchase, Sale, Receipt and Payment in accounting software• Coordinated all sales and stock accounting activities including:o Filled the documents and checked all the supported documents attached to Payment & Receipt vouchero Maintaining records for cheques issued and receivedo Managed all cash & banking transactions and performing bank reconciliation• Managed preparation, finalization and disbursement of payroll for 197 employees

Bachelor’S Degree, Financial Accounting And Auditing

Hsc, 60%

Ssc, 60%