Sandeep Jain Cpa-Canada, Ca-Ind, Cfe-Us, Dip.Ifrs-Acca,Llb Email & Phone Number

Vancouver, British Columbia, Canada

Burnaby, British Columbia, Canada

-Mentored team, ensured accurate and timely recording of financial transactions-Assisted the controller in monthly and annual closing procedures, analysis, GST filings -Oversee accounts payable, accounts receivable, inventory accounting, reconciliation, costing-Coordinated with external auditors for working papers and addressing engagement findings -Introduced and implemented best-practice policies, SOP’s, internal controls and processes-Reviewed and approved final payments to vendors, raised timely claims for any inconsistencies -Reconciled deductions as received from customers with agreed terms & shipment records and disputing differences, if any-Investigated variances in product costing due to price, quantity, mix or yield variations-Analyzed shrinkage ratios, identifying areas of wastage and recommended revision of Standard Bill of Materials-Actively participated in ERP evaluation exercise for upgradation from legacy Quickbooks and All Orders software

Dubai, United Arab Emirates

Worked at Step Down Subsidiary - Power International LLC, Dubai (UAE)-Ensured accurate full-cycle accounting and timely closing of books and reporting at regular intervals-Reviewed and analyzed transactions, accounting methods, reconciliations and introduced effective internal controls-Recommended best-practice policies, SOP’s and processes and integrated them for IFRS and/or tax compliance-Synchronized business processes and workflow for preparation of forecasts, budgets and cashflow management -Assisted external auditors in working papers, schedules and resolved concerns for expediting closure of annual audit-Prepared tax Returns, schedules and coordinated efforts to devise appropriate responses to assessment queries-Addressed information requests, surveys from banks, financial institutions, rating agencies and government departmentsHighlights:-Slashed the monthly closing cycle of books of accounts by 10+ days by effective collaboration between departments -Revamped the presentation and disclosures in annual reports while ensuring improved compliance to domestic practices-Established process of quantitative reconciliation for extraction, production, procurement, transportation, sales and inventory, leading into costing systems for analyzing product cost, variances and assisting pricing decisions and financial projections-Expedited the accurate compilation and efficacious submission of VAT (Tax) refund request for USD 0.80 Million-Successfully introduced new banks and negotiated with existing banks for enhanced credit facilities, better covenants and leading to substantial and continual saving in interest cost to the extent of USD 0.20 Million annually

Dubai, United Arab Emirates

-Facilitated the timely accounts closing, external audit and combination/consolidation for Group companies’ financials-Suggested policies for harmonization and standardization of all intercompany & interdivision transactions / transfer pricing-Deciphered and implemented latest updates in Financial Reporting Standards, Accounting and Tax regulations-Actively participated in Record to Report functions including designing & implementing systems, processes, SOP’s-Optimized the P2P (Procure to Pay), O2C (Order to Cash) processes of existing and new but diversified business units-Initiated internal audit assignments and identified areas of cost control, revenue leakage and ensure process integrity-Interacted and negotiated with banks for maintenance and enhancement of credit facilities at optimum terms and cost-Designed and customized inhouse ERP software to cater to unique requirements of various industry sectors and segments-Evaluated new ERP/software enhancement proposals for suitability and led the implementation projectsHighlights:-Recognized for advising the Board and spearheading the complex and time-constrained project of ERP upgradation and business process transformation, due to onset of VAT in UAE, within 4 months of official notification in Gazette-Prevented excess payout of USD 0.27 Million to a contractor by careful verification of certification, billing calculations-Appreciated for designing and automizing the generation of project cost report for multiple projects on real time basis thus saving 100+ manhours of manual processing, reconciliation and providing immediate inputs for quick decision making-Designed and implemented a robust HR system for automation of functions like time and attendance, payroll, contractual & final settlement for 3000+ workforce, leading to substantial savings and accuracy in cost & time of processing-Played a key role in securing USD 0.25 Million representing 99% insurance claim towards theft of trading stock

Ahmedabad, Gujarat, India

-Studied and analyzed the business requirements of the prospective/confirmed clients & accordingly conceptualized & suggested appropriate IT Solutions, ERP, Business Process Reengineering, Gap Assessment etc.-Guided the Software Development Team throughout the cycle, assisted the Designing team in preparation of Functional Specifications, Business Rationale, Process Flow, Mapping, Logic & Review of the deliverables to the client-Formulated Test scenarios, Performed System Testing before implementation, user training, client interaction, troubleshooting, Participated in User Acceptance Testing, impact analysis of new requirements/ modifications etc.-Assisted the project management in project co-ordination, project plan, work allocation, peer review, implementation strategy, risks identification and mitigation strategy, customer relationship management etc. -Represented the Project and the Domain Expert Group in CMM Assessment, Process Audits, Quality Audits, and ensured compliances thereof and reviewed activities as a member of Organization wide Review TeamKey Achievements -Successfully implemented an HR Payroll Software, conceptualized, designed, and tested by me, in a Public Listed Group covering 5000+ employees & 1000+ contractual workers and thus replacing their 38-year-old legacy software-Gave Presentation to the Gujarat Government Officials/Ministers on the IT Road Map and Proposed Software Application for their General Administration Department and Health Departments

Ahmedabad, Gujarat, India

-Finalized Annual accounts as per Indian Accounting Standards and Company Law requirements -Compiled Monthly management and MIS reports, Budgeting, Yearly Business Plan -Developed Management Control Systems, Calculation of Stage wise Process Costing & Variance Analysis-Monitored various working capital limits with banks, co-ordination and Oversaw bank audits and inspections-As a key team member, was instrumental in development of an inhouse fully integrated organization wide ERP solution-Ensured compliance of Statutory & Internal Audit Reports, assisted in preparation of Tax Audit ReportsKey Achievements-Became the only Asst. Manager reporting directly to the Chairman & Managing Director on the Monthly Profitability of a full-fledged division. Later was promoted and became the Youngest Manager at whole Group level-Conceptualized and developed a system for tracking production from Raw Materials to Finished Goods-Discovered Frauds related to inflation of various reimbursement claims and ensured future prevention

Valsad, Gujarat, India

-As key Member of a Team comprising of Software Professionals and Costing Personnel, was involved in developing, testing and maintenance of Costing, Budgeting & MIS SystemsKey Achievements-Single-handedly conceptualized the system for Quantitative Reconciliation of Finished Goods and Valuation - linked with the Marketing/Sales System - which was approved by statutory auditors without any queries

Cpa, Accounting And Finance

Chartered Accountant, Accounting And Finance; All India Rank - 47 In Final, 12 In Inter. & 32 In Foundation; Gold Medalist

Diploma In International Financial Reporting (Ifrs), Accounting And Finance; World Topper (Likely) - 89/100

Certified Fraud Examiner, Financial Forensics And Fraud Investigation

Bachelor Of Laws - Llb, Law

Bachelor Of Commerce - Bcom, Accounting; University Topper In 1St Year, Ranked # 2 In 2Nd Year & Final Year, Gold Medalist

10+2, Commerce; Ranked 9Th Statewide (Gujarat) & 4Th Citywide (Ahmedabad)