Summary
Overview
Work History
Education
Skills
Accomplishments
Software
Timeline
Generic
Achal Patel

Achal Patel

Ahmedabad

Summary

F&A professional with 20+ Years of experience with ability to seek and maintain full-time position that offers professional challenges utilizing interpersonal skills, excellent time management and problem-solving skills.

Overview

29
29
years of professional experience
1
1
Language

Work History

Head Finance & Accounts

Adani Foundation
01.2017 - Current
  • Plan long term policy with senior management team for the organization for sustainable working of the organization.
  • Budget and utilization planing for ~400 Cr, annual plan of CSR receiving from 100+ group Companies.
  • Report and certify CSR utilization to Board of Directors and CSR committee.
  • CSR compliances for the group in coordination with CFOs, Company Secretaries, ESG department and CSR implementation team.
  • Responsible for Statutory & Internal Audit, Income Tax, GST, ROC, Charity Commissioner and other statutory compliances, resolving litigation and coordination with Consultants.
  • Maintain internal control system, DOAs and approve notes, expenses and payments.
  • Deal with Statutory & Internal auditors, consultants, implementing agencies, inter department leads, CEO & CFO of various funding companies.
  • Oversee cost control through effective contract management and procurement management.
  • Team building & dispute resolution within and intra team.
  • Governing effective MIS system.
  • Due diligence for new entities.
  • Investment and Assets management.


Deputy Manager

Adani Group- Real Estate
11.2009 - 01.2017
  • Monthly, Quarterly and Annual Closing of Financials for Real Estate companies within timeline.
  • Help in Consolidation of Accounts.
  • Cost compliance certificate from Cost Auditor.
  • Ensuring timely filling of XBRL reports and reports with RBI for foreign transactions.
  • Deal with Statutory, Internal & Cost Auditors, Project team, Secretarial team, tax team, SAP Departments and SEZ Authorities.
  • Handling SEZ related matters and filling QPR & Half yearly reports.
  • Allocating work, tasks and taking reports from cross functional team.
  • To verify and release business models, Purchase/Service Orders and SAP masters.
  • Verify and release bills for purchase, expenses and contracts.
  • Provide input for all MIS related Real Estate business.

Sr. Officer – Accounts

K. Raheja Corp
09.2007 - 11.2009
  • Responsible for overall functioning of Accounts Department of Gujarat Regional Office, which covered operation of Four of the Group Companies.
  • Handling all SEZs related matters and liaisoning with Designated SEZ authorities for all Compliances and Clearances
  • Preparation of annual financials and its statutory audit and finalisation.
  • Verifying POs and Contracts for optimum tax and commercial benefit to the company.
  • Ensure compliance with VAT laws, by timely return filing, replies to department queries and PT authorities, filing of appeals and liaisoning with VAT consultants.
  • Routine review of TDS and Service Tax requirements and fulfill them
  • Prepare and submit MIS and other ad hoc reports to HO

Account & Finance Executive

Ketan Construction Ltd
02.2007 - 09.2007
  • Assistance in finalization of accounts to DGM and in statutory audit.
  • Review of branch and project accounts and support in resolution of their queries.
  • Evaluation and negotiations for finance proposals of banks and financial institutions.
  • Dealing with banks for arranging bank guarantees, credit appraisal limits, bills discounting, and opening Letter of Credits
  • Reconciliation of site accounts with HO accounts
  • Preparation and filing of TDS returns
  • SAP implementation as a Core Team Member at Corporate office as well as at project sites, this involved training to end users in FICO module

Previous F&A Assignements

With Various Employers
06.1995 - 01.2000
  • Horizon Housing Limited (NRI Group Company) : Jan 01 to Feb 06
  • GE Countrywide Limited (part of GE Capital) : Jan 00 to Jan 01
  • Shah & Shah Associates (including articleship) : Jun 95 to Jan 00

Education

Inter CA - Accounting, Auditing And Taxation

Institute of Chartered Accountants of India
New Delhi
11.1995

Bachelor of Commerce, India - Accounting, Economics, Statistics

L J Commerce College
Ahmedabad, India
04.1995

Skills

  • Ability to Lead, Perform, Illustrate and motivate team
  • Good Analysis, Interpretation and Compliances of Laws
  • Swift learner
  • Open Minded to adopt new technology
  • Good handson understanding cross departmental issues and resolving the same
  • Task Master with cordial environment

Accomplishments


  • Made tall tax saving by planing a strategic decisions for Adani Group companies.
  • Successfully roll out SAP in several companies and organizations in exceptional situation.
  • Implemented Revised Revenue Recognition Guidance Note in Real Estate companies of the group.
  • Designed various control systems for the Adani Foundation smooth and sustainable working.
  • Good hands on Investment management of the funds.
  • Participated in contract management with partners and hands on skill for procurement of material in time with reasonable cost and understand market sense.
  • Sound understanding of various laws and practical implementation of the same for organization.
  • Excellent interpersonal skill with various stake holders.


Software

SAP, MS Office

Timeline

Head Finance & Accounts

Adani Foundation
01.2017 - Current

Deputy Manager

Adani Group- Real Estate
11.2009 - 01.2017

Sr. Officer – Accounts

K. Raheja Corp
09.2007 - 11.2009

Account & Finance Executive

Ketan Construction Ltd
02.2007 - 09.2007

Previous F&A Assignements

With Various Employers
06.1995 - 01.2000

Inter CA - Accounting, Auditing And Taxation

Institute of Chartered Accountants of India

Bachelor of Commerce, India - Accounting, Economics, Statistics

L J Commerce College
Achal Patel