Priya Patel Email & Phone Number

London, United Kingdom

AIFS have been providing educational and cultural exchange programmes since 1964Duties at work: • Producing Management accounts with commentary• Variance analysis of college semester divisions• Cashflow analysis• Requesting currency funding requirements • Weekly payment run verifying • Preparing and posing of month end journals• Quarterly budget reforecasting• Intercompany invoicing and reconciliations• Processing Swaps and Forward… Show more AIFS have been providing educational and cultural exchange programmes since 1964Duties at work: • Producing Management accounts with commentary• Variance analysis of college semester divisions• Cashflow analysis• Requesting currency funding requirements • Weekly payment run verifying • Preparing and posing of month end journals• Quarterly budget reforecasting• Intercompany invoicing and reconciliations• Processing Swaps and Forward Contracts• Liaising with bank on maturing settlements• Liaising with colleagues from head office in USA and Resident Directors across the world• Monthly payroll for permanent staff• Producing data for VAT return for one division• Multi-currency postings and reporting• Supervision of an accounts assistant• Authorising weekly payments in Barclays.net• Preparing various audit schedules Achievements: • I managed to train a member of staff on variance analysis to help progress development within the team• I was able to redesign the cashflow system with an external consultant which improved the quality of data which was extracted from Greatplains.• I cleared up data in a system which was holding FX card data from 2011, this data was slowing down the system and I also needed to perform this task for GDPR compliance. Show less

London, United Kingdom

CMG maximises claims for rights-holders ensuring payment for intellectual property usage across a number across a number of revenue generating sources (private copy, public performance, educational copying, cable and satellite retransmission) in established and emerging territories. Duties at work: • Producing Management accounts for 3 companies with commentary• Producing consolidation of 3 companies• Royalty accounting – posting of all royalty… Show more CMG maximises claims for rights-holders ensuring payment for intellectual property usage across a number across a number of revenue generating sources (private copy, public performance, educational copying, cable and satellite retransmission) in established and emerging territories. Duties at work: • Producing Management accounts for 3 companies with commentary• Producing consolidation of 3 companies• Royalty accounting – posting of all royalty transactions• Monitoring and processing all royalty income from societies• Quarterly Royalty distribution payments to clients• Preparing monthly royalty income accruals• Work closely with Royalty department • Balance Sheet and P&L Reconciliations for all 9 companies• Bank reconciliations• Submitting payments via Barclays Business master & Lloyds Link• Producing UK VAT returns quarterly for Group• Preparing audit schedules for 7 companies• Raising and posting monthly journals• Inter-company postings and reconciliations• Cash book updating and postings• Monitoring of bank accounts and cash flow• Multi currency postings• Maintaining fixed asset register and calculating depreciation• Prepayments and accruals monthly• Supervision of 2 accounts clerks• Responsible for the migration to new accounting system (Navision)Achievements: • I managed to implement a timetable for the team which reduced the month end process from 20 days down to 6 days• I was able to self-teach myself most the of the Navision system. Due to the knowledge and expertise I gained during the implementation of Navision, I am the first point on contact for any system issues. • I have implemented various controls which insure accurate month end figures, such as producing certain reconciliations Show less

ISTD is the world's leading dance examinations board. Formed in 1904 it is today a registered educational charity and is the only organization that covers the full spectrum of dance examinations on a truly global scale. Management Accountant Duties at work: • Preparing the monthly board pack consisting of full set of management accounts with detailed report on variances. • Producing VAT returns quarterly.• Monthly maintenance Fixed Asset… Show more ISTD is the world's leading dance examinations board. Formed in 1904 it is today a registered educational charity and is the only organization that covers the full spectrum of dance examinations on a truly global scale. Management Accountant Duties at work: • Preparing the monthly board pack consisting of full set of management accounts with detailed report on variances. • Producing VAT returns quarterly.• Monthly maintenance Fixed Asset register, prepayments and accruals, producing and posting various monthly journals, investment gain/loss• Weekly bank account reconciliations• Various ad hoc reporting• Writing notes for 2011 budget• Assisting with year end accounting Show less

Media Ten is a publishing and Events Company that is best known for the award-winning Grand Designs Live events. Turnover £20million. Management Accountant/ Financial Accountant Duties at work: • Preparing the monthly board pack consisting of full set of management accounts with detailed report on variances, Profit & Loss and Balance Sheet• Year end audit file preparation and year end adjustments • Producing quarterly VAT Returns… Show more Media Ten is a publishing and Events Company that is best known for the award-winning Grand Designs Live events. Turnover £20million. Management Accountant/ Financial Accountant Duties at work: • Preparing the monthly board pack consisting of full set of management accounts with detailed report on variances, Profit & Loss and Balance Sheet• Year end audit file preparation and year end adjustments • Producing quarterly VAT Returns • Liaising with various magazine directors on forecasting costs/revenue• Responsible for closing all ledgers for month end• Weekly sales reports for sales managers and Managing Director• Monthly maintenance of Stock (paper) records, Fixed Asset register, prepayments and accruals, cash-flow forecasting and daily cash-flow analysis, producing and posting various monthly journalsAchievements: • Managed to produce my first set of management accounts to a exceptional standard with minimal training and minimal assistance • Implemented an automated procedure for the manual inputting of data into the management accounts pack saving 3-4 days • Covering for the Finance Director whilst on leave• Used my good communication skills to confirm monthly results with Directors to understand variations to the results• Introduced monthly cut off deadlines for purchase ledger in order to get the board pack finalised in time for board meetings Show less

Members of the Royal Household work together to unsure the smooth running of the HRH’s daily lives. Management Accountant Duties at work:• Producing management (actual v budget) reports for each of the HRH’s attended Events and reporting on all variances • Monthly recharging expenses to various Prince’s Charities.• Reconciliations of Balance Sheet, bank accounts and rechargeable accounts• Producing sales invoices for sponsors of events• Year end… Show more Members of the Royal Household work together to unsure the smooth running of the HRH’s daily lives. Management Accountant Duties at work:• Producing management (actual v budget) reports for each of the HRH’s attended Events and reporting on all variances • Monthly recharging expenses to various Prince’s Charities.• Reconciliations of Balance Sheet, bank accounts and rechargeable accounts• Producing sales invoices for sponsors of events• Year end prepayments• Banking cheques • KPI analysis for events• Approving float books (log of expenses by Police Protection Officers)• Value For Money analysis• Monthly production of debt management report and credit control Achievements: • Became a confident user of a recognised accounting package (Greatplains)• Challenged current processed and recommended processes that would help the department become more efficient through which some processes where automated• Adapting and embracing change of a new company structure and culture• Communication skills improved through liaising with sponsors and external events company Show less

TravelMood is an independent travel agency set up in 1984. The finance team consists of 5 employees with turnover of £40million. Accounts Assistant Duties at work: • Monthly bank reconciliation, formulation and analysis of gross profit, sales revenue, consultant commissions, exchange rate gain/loss monitoring and reporting on multi-currency transactions and transfers.• Stock take and stock valuation• Daily cash reconciliation including all branches and… Show more TravelMood is an independent travel agency set up in 1984. The finance team consists of 5 employees with turnover of £40million. Accounts Assistant Duties at work: • Monthly bank reconciliation, formulation and analysis of gross profit, sales revenue, consultant commissions, exchange rate gain/loss monitoring and reporting on multi-currency transactions and transfers.• Stock take and stock valuation• Daily cash reconciliation including all branches and banking• Checking and processing of business expenses, including raising cheques• Processing payments/refunds from/to clients via PDQ and in-house system.• Processing international payments through Barclays Business Master• Monthly overhead analysis & and allocation of cost to relevant cost centres• Supervision of 4 accounts staff• Cheque runs• Invoice processing of suppliers based in UK and AsiaAchievements: • Ability to progress through to accounts department to become the most senior member below the Financial Controller through dedicated hard work and commitment• Management of accounts staff included training and first port of contact Show less

STA Travel is the world’s largest student, youth and budget travel organization. The finance team consists of 17 employees, and the IBS accounts team consists of 8 employees. STA’s turnover is $1.1 billion. IBS Accounts Payable Specialist Duties at work: • Matched, batched and coded live purchase invoices on IBS (International Booking System)• Processed high volume multi currency invoices (value approx £65000 for 1000 invoices per week)• Liaised and… Show more STA Travel is the world’s largest student, youth and budget travel organization. The finance team consists of 17 employees, and the IBS accounts team consists of 8 employees. STA’s turnover is $1.1 billion. IBS Accounts Payable Specialist Duties at work: • Matched, batched and coded live purchase invoices on IBS (International Booking System)• Processed high volume multi currency invoices (value approx £65000 for 1000 invoices per week)• Liaised and resolved supplier’s complex queries (via phone, fax and email)• Assisted in the weekly payments runs• Full responsibility of accounts for 12 out of the top 30 international suppliersAchievements:• Carried out variance analysis of AP staff’s weekly payments used for month end reports by management accountants.• Trained AP team members in using IBS system• Managed complex Tax and Revenue projects.• Took responsibility for the AP team whilst being in acting manager role for a few weeks. This involved authorising payments, authorising internal and external billing. • Managed operation relations with international business partners (Asia, Pacific, Mediterranean, New Zealand, Germany and Czech Republic) Show less

Cima, Qualified Member

2:2, Business Studies With Accounting