Ca Niken Shah

NIKEN SHAH (M- E-mail :-SENIOR FINANCE PROFESSIONAL: Accounts & Finance Manager,Team Leader, offering nearly 10 years’ experience in Financial & Management Accounting; rendering cost savings for the organization; determining financial objectives, designing & implementing systems & procedures to facilitate internal financial and process controls Location Preference: Ahmedabad / Mumbai " Profile Summary ● ● ● ● ● ● ǁǁǁǁǁǁ CA, CS Exe., LLB & B.Com. Professional, rendered strategic consultation & guidance on finance & accounts and taxation issues affecting costs; provided financial performance updates, key inputs on account profitability and other commercial matters ISO & Greenbelt Certified Professional, with insightful knowledge of modern accounting systems (SAP, Oracle, SAGE, Access, Quickbooks, Tally 7.2) with expertise in preparation of accounts, reconciliation statements along with schedules Planned and executed monthly / quarterly / annual closure schedules; provided monthly financial statements (MIS); administered more than 50 monthly closing processPivotal in streamlining the process of P2P and related taxes for Adani Enterprise Ltd. and Vodafone Shared Services Steered successful implementation of GST in Adani Enterprise Ltd. and Vodafone Shared Services Ensured timely deposit and filing of returns under statutory obligations in coordination with Tax Department An excellent communicator, analytical and team leader with skills in spearheading business to accomplish corporate goals " Key Skills ǁǁǁǁǁǁ | Strategic Financial Planning | Financial & Internal Control | Financial Reporting & Analysis | Payables & Receivables Management | Payment Processing & Controlling | MIS Reporting | Auditing & Taxation | Team Building & Leadership | Process Automations | Statutory Compliance | " Work Experience ǁǁǁǁǁǁ Sep-20 – Aug’21 with KMS India, Ahmedabad as Deputy Manager (US Accounting) Key Result Areas: ● QB and Xero Certified ● PPP Loan Forgiveness ● MIS ● 1099 and 1065 flling ● Advance tax and state taxes payments returns ● Bi-weekly Payroll Run ● Supervised a team of 5 direct reports ● Managed all payment related taxes on daily basis including monthly TDS payment, working & payment return, and so on ● Executed internal audit and statutory audit in coordination with assigned auditors of the company ● Ascertained effectiveness of SOX control and Operational controls Highlights: ● Collaborated with project team to bring customisation in current process like E-invoicing with SAP system ● Got company ISO Certified 9001:2015 Since Jan’19 – Nov’19 with Paperchase Accountancy Ltd., Ahmedabad as Team Leader Key Result Areas: ● Instituting the financial & accounting policies & systems for UK/US clients with a team of around 30 Accountants; reporting business plan to the Senior Management Team for corporate policy development ● Steering overall financial operations including Accounting, MIS Reporting, Consolidation of Monthly Financial Statements, General Ledger Maintenance, Preparation of Balance Sheet, Reconciliations (Bank & Debtors), and other functions ● Offering strategic vision, supporting formal planning for process improvement, administering integration of business planning and leading the formation of organizational structure for meeting growth demands of the business ● Creating value-added analyses on preparing the new financial reports to the management for decision-making ● Assessing cash flow and reviewing the cash position and forecast funds requirement for routine and capital expenses; preparing Stock Statement for the monthly submission at banks for working capital limit ● ● ● Generating MIS reports, P&L, Cash Flow (Cash Flow Management) & statutory compliance report to keep a track of financial performance and support to management decision-making Administering Accounts Receivable & Payable; ascertaining settlement of payments with all stakeholders (internal & external); ensuring that the SOPs are followed while releasing the payments Ascertaining compliance on all taxation matters including quarterly VAT Return and Payments; managing general accounting related to Income tax, Service Tax, Sales Tax, and Excise & Provisions & Estimated Balance Sheet Highlights: ● Improved the timeliness of month-end financial reporting from approximately 20 days to 10 days ● Monitored all purchase and expense accruals that had aged more than XX (number) days and ensured timely reversal of over accruals ● Filed Quarterly VAT returns of Group Companies and P11d returns Dec’17 - Dec’18 with Adani Enterprise Ltd., Ahmedabad as Deputy Manager (B2P) Key Result Areas: ● Supervised a team of 6 direct reports ● Managed all payment related taxes on daily basis including monthly TDS payment, working & payment return, and so on ● Executed internal audit and statutory audit in coordination with assigned auditors of the company ● Ascertained effectiveness of SOX control and Operational controls Highlights: ● Collaborated with project team to bring customisation in current process like E-invoicing with SAP system ● Got company ISO Certified 9001:2015 May’15 - Nov’17 with Vodafone Shared Services, Ahmedabad as Deputy Manager (P2P Tax) Led a team of 16 direct reports including contracted FTEs Highlights: ● Attained Green Belt and ISO Certification ● Liaised with 23 circles PAN India to align them with SSC process and tax related P2P queries ● Pivotal in automating Invoice Processing System and able to take ~30% vendors on board k ● Steered ‘Train the Trainers’ sessions and delivered trainings on Taxes to the Processors, Process Improvement, Cross-functional Trainings, and other topics ● Introduced Auto Vendor RecoSystem to automate the process; reconciled 50% of accounts Aug’13 - May’15 with Novotel Hotel, Ahmedabad (Accor Asia Pacific Group) as Assistant Manager - Finance Highlights: ● Worked with Financial Controllers for budgeting and pre-opening of hotels; controlled inventory and issue of materials to respective departments ● Led system software implementation of accounting software in Hotel ● Managed software coding of Sun software with Opera, Mc, Micros " Previous Experience ǁǁǁǁǁǁ Nov’12 - Jul’13 with Cambay Hotels (Neesa Group), Ahmedabad as a Assistant Manager - Accounts & Taxation May’11 - Oct’12 with Nahta Jain & Co., (CA Firm), Ahmedabad as Chartered Accountant " Articleship ǁǁǁǁǁǁ Organisation: KC Shah & Associates, Saffron Tower, Chartered Accountants, Ahmedabad Articled Assistant Designation: Period: Jun’07 - Dec’10 Highlights: ● Executed following Auditing & Accounting assignments: o Auditing Books of Account and preparing Final Reports of Individual, HUF, Partnership Firm, Private Limited Company and Public Limited Company o Consolidation work; Finalisation of accounts of all entities o Bank Branch Audit (Bank of Baroda & other cooperative Bank) ● Managed Taxation activities related to: o Income Tax Returns of all types of entities including Public Limited Companies, Private Limited Companies, Partnership Firms, Individual & HUF & other o Tax Audits of all entities ● Exhibited leadership skills while managing the entire work like audit matters & audit team, taxation matters and clients in absence of the supervisor " Education ● ● ● ● CA from ICAI in 2012 CS Exe from ICSI in 2015 LLB from Sir L A Shah Law College, Ahmedabad, Gujarat University in 2011 B.Com. from Gujarat University, Ahmedabad in 2008 ǁǁǁǁǁǁ Trainings: ● Training on General Management & Communication Skills (GMCS), held by ICAI in Jun’11 for 15 Days ● Training & Examination Compulsory Computer Training of 100 Hours of ICAI from Ahmedabad Branch of WIRC of ICAI " IT Skills ● ǁǁǁǁǁǁ SAP, Oracle, SAGE, Access, Quickbooks, Tally 7.2, Taxation Software Kitret, Computax, Spectrum, Spectrum, Opera, Material Control, MS Office (Word, Excel & PowerPoint), Outlook Express, and Internet Applications " Extracurricular Activity ● ǁǁǁǁǁǁ Participated in Debates, Elocutions and other Public Speaking Events and Competitions " Personal Details nd ǁǁǁǁǁǁ Date of Birth: 2 September 1987 | Languages Known: English, Hindi, and Gujarati | Address: Paldi, Ahmedabad 380007