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Dhaval Maheskumar Shah
Vadodara,GJ
Work Preference
Summary
Accomplished finance professional with over 17 years of experience in taxation, regulatory compliance, budgeting, forecasting, MIS reporting, accounts receivable, and audit supervision. Expertise in delivering precise financial insights and enhancing operational efficiency while ensuring adherence to statutory regulations. Proficient in data analysis, financial reporting, and process optimization to support strategic decision-making and drive sustainable business growth. Strong commitment to leveraging financial acumen to foster organizational success and improve overall performance.
Overview
17
17
years of professional experience
Work History
Manager – Finance
JCB Industries Pvt. Ltd.
10.2021 - Current
- Executed month-end and year-end closing procedures, delivering comprehensive management reports for strategic decision-making.
- Monitored and regulated capital expenditures and investments, guaranteeing alignment with established budget approvals.
- Analyzed debtor aging reports and implemented strategies to ensure timely collection of outstanding payments for both domestic and export clients.
- Supervised all aspects of accounts receivable, including invoicing, payment processing, and reconciliation.
- Evaluated cash flow performance against forecasts to support informed financial decision-making.
- Directed budgeting, forecasting, and rolling estimate processes to ensure financial accuracy.
- Executed comprehensive product costing analysis, encompassing material, labor, and overhead expenses.
- Conducted thorough internal control audits to ensure compliance with corporate governance policies.
- Managed auditor interactions to support efficient and timely completion of audit closures.
- Monitored and enforced adherence to taxation laws and regulations.
- Conducted regular performance reviews, delivering constructive feedback to drive team productivity.
- Developed and implemented process improvements to enhance operational efficiency.
- Reduced operational costs through comprehensive process improvement initiatives and resource management.
Deputy Manager – Accounts
Mahindra & Mahindra Ltd.
04.2015 - 10.2021
- Directed month-end closing processes and ensured accuracy in financial reporting.
- Evaluated inventory expenses, revenue, and cost structures to identify optimization opportunities.
- Conducted variance analysis to pinpoint discrepancies and determine underlying causes.
- Managed monitoring of GR/IR advances to ensure accurate financial reporting.
- Executed BOM audits and validated cost structures to ensure accuracy and compliance.
- Oversaw capital expenditure asset capitalization and verification processes.
- Led GST implementation initiatives, overseeing ITC report generation and reconciliation processes. Managed comprehensive reconciliations for ITC reports and facilitated successful GST implementation.
- Performed comprehensive financial payback analysis to ensure project cost efficiency.
- Compiled and analyzed plant-level financial and operational reports to enhance decision-making processes.
- Directed cross-functional teams to optimize operational efficiency and streamline workflow processes.
- Spearheaded cost-reduction projects that increased profitability without compromising quality standards.
Accounts Executive
Larsen & Toubro Ltd.
06.2010 - 04.2015
- Managed financial transactions related to materials and subcontractors, ensuring accuracy and compliance with company policies.
- Executed filing of TDS returns and ensured compliance with service tax regulations.
- Managed comprehensive verification of employee investments to uphold organizational standards.
- Managed inter-unit debit and credit entry processing to maintain financial integrity across departments.
- Reviewed and reconciled ledger entries, facilitating month-end adjustments for precise financial reporting.
Accounts Executive
Bell Ceramics Ltd.
08.2009 - 05.2010
- Executed management of taxation responsibilities encompassing TDS, VAT, and service tax obligations.
- Managed processing of supplier payments and performed reconciliations to ensure financial accuracy.
- Performed detailed payroll tax assessments to facilitate timely and accurate employee compensation.
- Performed detailed month-end provisions and unit reconciliations, enhancing overall financial integrity and compliance.
- Coordinated efforts for account finalization, enhancing overall financial integrity.
Retainership Contract
Siemens Health Care Diagnostics Ltd.
05.2008 - 03.2009
- Analyzed financial records and conducted VAT and income tax assessments to identify discrepancies and ensure proper reporting.
- Facilitated accurate bank reconciliations and assessed inventory values to ensure financial integrity.
- Facilitated finalization of books and cash flow statements to ensure accurate financial reporting.
Assistant
D C Parikh & Co., Chartered Accountants
Vadodara, India
01.2007 - 06.2007
- Supported resolution of income tax hearings and provided expertise on service tax issues.
- Executed audit assignments to ensure compliance with regulatory standards.
Article Clerk
JRS Patel & Co., Chartered Accountants
Vadodara, India
07.2003 - 07.2006
- Performed comprehensive tax statutory internal audits and stock audits to uphold financial integrity.
- Conducted thorough verification of fixed assets to maintain accurate financial records and support auditing efforts.
- Executed filing of income tax returns to ensure compliance with regulatory requirements.
- Partnered with ABB HR team to maintain tax and payroll compliance through effective SAP utilization.
Education
MBA - Finance
IIBMS
01-2020
CA Inter - undefined
ICAI
01-2007
B.Com - Baroda
MS University
01-2004
12th - Commerce
01-2001
10th - undefined
01-1999
Skills
- Proficient in SAP FI and SD modules
- Reporting and analysis of management information systems
- Budgeting & Forecasting
- Cost management
- Performance variance evaluation
- Accounts receivable management
- Cash flow management
- Leadership development
Certification
- GMCS Certificate
- Tally Accounting Software
- MYB (Mahindra Yellow Belt)
LANGUAGES
English
Hindi
Gujarati
TOTAL EXPERIENCE
17 Years 6 Months
Timeline
Manager – Finance
JCB Industries Pvt. Ltd.
10.2021 - Current
Deputy Manager – Accounts
Mahindra & Mahindra Ltd.
04.2015 - 10.2021
Accounts Executive
Larsen & Toubro Ltd.
06.2010 - 04.2015
Accounts Executive
Bell Ceramics Ltd.
08.2009 - 05.2010
Retainership Contract
Siemens Health Care Diagnostics Ltd.
05.2008 - 03.2009
Assistant
D C Parikh & Co., Chartered Accountants
01.2007 - 06.2007
Article Clerk
JRS Patel & Co., Chartered Accountants
07.2003 - 07.2006
10th - undefined
12th - Commerce
B.Com - Baroda
MS University
CA Inter - undefined
ICAI
MBA - Finance
IIBMS