Summary
Overview
Work History
Education
Skills
Software
Timeline
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Parth J. Raja

Head Of Finance

Summary

Performance driven Finance Professional with 10+ years of experience in driving strategic Financial Planning & Analysis, Business Finance, Accounts & Commercial functions, VAT & Audit to enhance financial procedures & internal controls, prepare financial forecasts with budget projections.

Overview

12
12
years of professional experience

Work History

Head of Finance

Perpetual Group
06.2021 - Current
  • Reporting to CEO, specialized in Management Information System (MIS), Financial Reporting (IFRS), Value Added Tax (VAT), budgeting & forecasting, Payroll Management, Accounts Receivables, Accounts Payables and managing cash flows
  • Forecasted trends and recommended improvements based on financial risk analyses.
  • Improved resource utilization and reducing costs through strategic coordination and contract analysis.
  • Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
  • Analyzed financial data regarding services and customer performance and developed reports for key stakeholders.
  • Analyzed financial statements against forecasts to prepare high-level variance analysis.
  • Enhanced internal control systems and procedures to mitigate risk and support opportunities.
  • Reduced process discrepancies through measured implementation of performance reporting and data systems.
  • Review the financial reporting processes to ensure compliances to IFRS and other legal & statutory requirements;
  • Restoring financial health of the company by driving detailed health checkup on compliances relating to VAT;
  • Liaising with external Auditors for timely completion of Statutory Audit in line with the local regulatory requirements;
  • Monitoring, mentoring & motivating the Team to enhance their efficiencies with excellent people management skills for leading personnel towards accomplishment of common goals by distributing work daily and monitoring progress to ensure timely release and minimal errors.

Senior Executive Finance

Sharaf DG Co. W.L.L
01.2017 - 06.2021
  • Head of Finance for Sharaf DG Bahrain, leading a team for day to day accounting operations, managing cash flows, financial planning & budgeting, accounts payable & receivable, MIS, timely payroll & other related activities.
  • Analyzing actual vs. forecasts, providing recommendation to management to drive Business results and achieve financial goals.
  • Assist in planning, development and execution of Annual Operating Plan (AOP). The role also involves consolidating and analyzing financial information & work with Business partners to ensure alignment with strategic goals and objectives.
  • Identify potential areas of risks and opportunities to management, provide recommendation to drive business results and achieve financial goals.
  • Prepare accurate, timely and insightful monthly management reports along with flux analysis.
  • Liaising with Internal & External auditors for timely audit completion and filing of financial statements with the Ministry in line with local laws.

Executive Associate

K. N. Shah & Associates, Chartered
Mumbai
02.2016 - 11.2016
  • Maintenance of books of accounts in Tally ERP along with preparation of financials statements.
  • Liaising with an External Auditor for carrying out audit.
  • Working with Department Head for planning and execution of Internal Audit.
  • Management reporting with variance analysis.

Executive Associate

Vasani & Thakker, Chartered Accountants
Mumbai
08.2012 - 02.2016
  • Preparation of periodic Management Statement and providing a detailed analysis report;
  • Ageing analyses of inventory, debtors and vendors along with timely review of debtors and vendors agreement;
  • Preparation of Financial statements of the companies in compliance with Companies Act;
  • Planning of audits by understanding organization objectives, structure, policies, processes, internal controls and external regulations; identifying risk areas and preparing audit scope, objectives and audit programs;
  • Communicating audit progress and findings, by providing information in status meeting, highlighting unresolved issues, reviewing working papers and preparing final audit reports;

Accountant

.
Mumbai
11.2010 - 08.2012
  • Independently maintained books of accounts of trusts, professionals and proprietors;
  • Preparation of budgets, analysis report and financial statements;
  • Providing summarized presentation of the inflows & utilization of cash in capital & revenue activities;
  • Dealing with banks for bank guarantee and other bank related work.

Education

IPCE - Accounts, Finance, Audit & Taxation

The Institute of Chartered Accountants of India
India
07.2009 - 05.2012

Bachelor of Commerce - Accounts & Finance

Mumbai University
08.2009 - 04.2012

Skills

Management Accounting & MIS Reporting

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Software

SAP S4 HANA, Retailsoft, Tally Prime & ERP9

MS - Excel, Word and PowerPoint

Microstrategy’s Business Intelligence

Timeline

Head of Finance

Perpetual Group
06.2021 - Current

Senior Executive Finance

Sharaf DG Co. W.L.L
01.2017 - 06.2021

Executive Associate

K. N. Shah & Associates, Chartered
02.2016 - 11.2016

Executive Associate

Vasani & Thakker, Chartered Accountants
08.2012 - 02.2016

Accountant

.
11.2010 - 08.2012

Bachelor of Commerce - Accounts & Finance

Mumbai University
08.2009 - 04.2012

IPCE - Accounts, Finance, Audit & Taxation

The Institute of Chartered Accountants of India
07.2009 - 05.2012
Parth J. RajaHead Of Finance