Profile Summary
Strategic financial professional and client engagement specialist with a strong track record in driving financial excellence and fostering high-value client relationships. Expertise in achieving up to 20% cost reductions through process optimization while boosting client retention rates via tailored account strategies. Proficient in managing multimillion-dollar portfolios, streamlining accounting workflows, and implementing financial controls that ensure compliance and enhance profitability. Adept at budget forecasting, risk management, and crafting actionable insights to support business decisions. Known for building trust and delivering value-driven solutions, contributing to long-term organizational growth and client success.
KEY SKILLS
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Employment History
Chief Finance Officer at Aaryavart Infrastructure Pvt. Ltd., Ahmedabad
October, 2023 - November, 2024
- Managing a team of 10 using Tally ERP to prepare and analyze MIS reports (Monthly, Weekly, Yearly) for decision-making support.
- Developing Cash Flow and Fund Flow Statements, conducting Budget vs. Actual comparisons, and performing variance analysis for financial stability.
- Overseeing Branch and Site Account Management, including plant MIS, material tracking, and Group Company Accounts, providing financial insights to management.
- Finalizing Profit & Loss Accounts and Balance Sheets, ensuring accuracy, and contributing to SOP development for HR, Purchase, and Accounts.
- Managing Non-Secured Loans and liaising with financial institutions for plant and vehicle loans, while preparing Budget, Finance, and Revenue Analysis for new projects.
- Building relationships with suppliers to explore business and finance opportunities, analyzing market trends for expansion and product development.
- Assisting in legal and compliance matters and presenting financial reports and future strategies to stakeholders.
- Developing and implementing financial strategies to align with company goals, optimizing profitability, and ensuring long-term financial growth.
- Overseeing cash flow management and forecasting, ensuring sufficient liquidity to meet operational and capital requirements.
- Managing financial reporting systems and improving processes for timely, accurate, and comprehensive financial data submission to stakeholders.
- Leading annual budgeting and financial planning cycles, collaborating with department heads to create achievable goals and track performance.
- Monitoring and evaluating financial risks and recommending mitigation strategies to safeguard assets and support business continuity.
- Providing strategic financial advice to the CEO and senior leadership team, offering insights on cost reduction, profitability, and investment opportunities.
Sr. Manager cum AVP of Accounts and Finance departments at Simply Data Matrix Pvt. Ltd., Ahmedabad
March, 2020 - October, 2023
- Managed a team of 10-15 using Tally ERP & XERO to monitor cash flow, optimize working capital, and ensure liquidity for operations.
- Maintained liquidity, reconciled bank statements, and swiftly resolved discrepancies to ensure financial accuracy and stability.
- Conducted variance analysis of actual vs. budgeted figures, providing insights for performance improvements and strategic decision-making.
- Analyzed financial data to identify trends, guide resource allocation, evaluate investment opportunities, and present recommendations to the board.
- Prepared monthly financial reports on expenditures and revenue, developed financial models for growth projections, and assessed investment opportunities.
- Tracked weekly sales performance, provided leadership with corrective action reports, and streamlined internal processes to enhance efficiency and productivity.
- Developed and maintained financial dashboards to provide real-time insights into company performance and key metrics.
- Conducted financial risk assessments and implemented mitigation strategies to protect the company’s assets.
- Provided financial training and guidance to team members, enhancing financial literacy across departments.
- Led cost-reduction initiatives by analyzing expenditure trends and identifying areas for efficiency improvements.
- Developed and implemented financial policies and procedures to ensure consistency, accuracy, and compliance across the organization.
Assistant Account Manager at Lance Energy Solution Pvt. Ltd.
April, 2018 - October, 2018
- Led a team of 8-10 using Tally ERP to prepare Monthly MIS, including Daily Plant, FG, Budget, and MILK Reports, for comprehensive performance tracking.
- Generated Debtor, Creditor, and Stock Reports (fortnightly/monthly) for submission to Head Office, ensuring accurate financial reporting.
- Oversaw compliance management for TDS, GST, PF, ESIC, and PT, ensuring adherence to regulatory standards.
- Managed monthly data for Raw Materials, Packaging Materials, and Finished Goods, conducting stock reviews in coordination with the Accounts team.
- Assisted the Head Office in finalizing Profit & Loss Accounts and Balance Sheets, while submitting detailed financial and operational reports.
- Provided monthly reports to the VP of the plant and business head, focusing on key performance indicators and analyzing Purchase and Sales costs by the 5th of each month.
Senior Account Executive at Flourish food Products Pvt. Ltd.
November, 2018 - February, 2020
- Led a team of 8-10 using Tally ERP to prepare Monthly MIS, including Daily Plant, FG, Budget, and MILK Reports for performance tracking.
- Generated Debtor, Creditor, and Stock Reports (fortnightly/monthly) for Head Office submission, ensuring accurate financial reporting.
- Oversaw compliance management for TDS, GST, PF, ESIC, and PT, ensuring regulatory adherence.
- Managed monthly data for Raw Materials, Packaging Materials, and Finished Goods, conducting stock reviews with the Accounts team.
- Assisted Head Office in finalizing Profit & Loss Accounts and Balance Sheets, submitting detailed financial and operational reports.
- Provided monthly reports to the VP of the plant and business head, analyzing Purchase and Sales costs by the 5th of each month.
- Supervised and trained team members on using Tally ERP to ensure consistency and accuracy in financial reporting and data management.
- Reviewed and approved financial transactions for accuracy and compliance with company policies, minimizing discrepancies and errors.
- Collaborated with cross-functional teams to ensure accurate reporting of production costs, inventory management, and raw material usage.
- Monitored cash flow and liquidity across stores, identifying and addressing financial discrepancies, ensuring financial stability.
- Coordinated with external auditors to facilitate audits and ensure the organization adheres to accounting standards and regulations.
Assistant Team Leader at Paperchase Accountancy Pvt. Ltd.
March, 2017 - March, 2018
- Led a team of 8-10 using company software to conduct internal audits, risk assessments, and ensure regulatory compliance.
- Fostered open, professional relationships with team members and clients, resolving issues effectively and ensuring satisfaction.
- Managed live client accounts, ensuring financial accuracy and providing detailed reports to the Director on key financial metrics.
- Prepared and maintained management accounts to support business decisions, financial planning, and strategic insights.
- Collaborated with cross-functional teams to identify financial risks and implement corrective actions for improved performance.
- Monitored client accounts regularly to ensure accuracy, resolve discrepancies, and maintain positive relationships.
- Analyzed financial data and key performance indicators to provide actionable insights for client account management and business growth.
Internal Auditor Executive at Rushil Décor Ltd.
October, 2013 - March, 2017
- Led a team of 4-5 using Tally ERP to prepare reports highlighting operational issues and ensure organizational dissemination.
- Conducted comprehensive inventory audits across branches, factories, consignees, franchises, and depots to ensure accuracy and compliance.
- Audited Sales Bills, Annual Schemes, Petty Cash Vouchers, and Sales Bill Invoices, verifying policy adherence and maintaining financial accuracy.
- Performed annual audits of factory operations and reviewed construction bills, assessing financial integrity and ensuring budgetary adherence.
- Audited Foreign Commissions and calculated VAT, CST, and TDS to ensure tax compliance and regulatory adherence.
- Monitored and verified compliance with company policies, industry standards, and regulatory requirements across departments.
- Assisted in the preparation of audit reports, highlighting audit findings, risks, and recommended corrective actions.
- Collaborated with management to develop action plans for addressing audit findings and improving internal processes.
- Conducted follow-up audits to ensure timely implementation of corrective actions based on prior audit recommendations.
- Reviewed and assessed vendor contracts to verify compliance with terms and conditions, ensuring cost-effectiveness and accuracy in billing.
Account Executive at Future Group - New Furture Hari Bhakti Group
March, 2012 - October, 2013
- Managed a team of 4-5 using SAP, handling and entering petty cash vouchers for all Pantaloon stores across India, ensuring accurate financial records.
- Maintained and reconciled monthly cash reports for all stores, matching closing balances and collecting petty cash balance confirmations.
- Processed expense invoices for stores, covering housekeeping, rent, and travel expenses, ensuring timely and accurate payments.
- Monitored and reported monthly cash shrinkage to the Head Office, ensuring compliance with financial standards.
- Addressed and resolved cash and accounting queries from stores, ensuring smooth financial operations.
Assistant Accountant at Shreeji Accountancy
January, 2010 - March, 2012
- Managed bookkeeping using Tally ERP, including entering sales and purchase invoices, and performing bank reconciliations.
- Calculated VAT & CST for small industries and recorded stock transactions (sales/purchases), preparing half-yearly transaction reports.
- Maintained and organized client files, ensuring documentation was up-to-date and easily accessible.
Education
Diploma (Business Administration (Finance))
ICFAI University, Tripura
2019 - 2021
Diploma (Commerce)
Gujarat University
2014 - 2016
JAYDEEP KANABAR
Basic Details
Gender -
Male
Date of Birth -
1991-12-12
Marital Status -
Married
Languages
English
Hindi
Gujarati
Skills
Microsoft Office - (Microsoft Word, Excel, PowerPoint, Outlook)
Tally ERP, Dev ERP, Xero
SAP