Jayesh Suthar
Mumbai
Summary
Experienced Accounts & Finance professional with over 8 years of expertise in financial analysis, budgeting, and taxation. Skilled in ledger analysis, financial reporting, and utilizing Oracle, BlackLine, and Microsoft NAV systems. Dedicated to improving financial processes through meticulous attention to detail and data-driven insights.
Overview
9
9
years of professional experience
Work History
Financial Analyst
Coforge Solutions Pvt Ltd, Client - Nomura Services India Pvt Ltd
Mumbai
10.2024 - Current
- Performed month-end accrual and allocation for various expense categories including counterparty clearing, prime brokerage settlement, and post-trade confirmation.
- Variance analysis: Prepare MTD and YTD actual vs. Budget variance report, compare the numbers, and share commentary on the global commentary portal by expense line.
- Improved variance analysis by preparing monthly and yearly reports, and offering detailed commentary for financial reviews.
- Balance sheet reconciliations: Prepare balance sheet substantiation, deriving commentary based on outstanding invoices or estimation methods, and upload the underlying backup to the Accounts Verification portal.
- Prepare monthly presentation decks using reports generated from financials, which include detailed expense line information with comparative KPIs against the budget, prior year, and revenue.
- Prepare an ad hoc expense report, as requested by traders and desk heads.
- Daily accrual calculation and posting for Trade NPE costs across the region.
Record to Report Analyst
ACCENTURE SOLUTIONS PVT LTD
Mumbai
10.2022 - 09.2024
- Prepare Blackline Balance Sheet reconciliations, post journal entries, and follow up with the internal team to clear outstanding items as needed.
- Managed prepayments and asset amortization in Oracle, ensuring accurate financial reporting and compliance.
- Review of Oracle-posted amortization and record journal for differences.
- Review the monthly PL to GL balancing, and record journal entries to clear the differences, if any.
- Record journal entries of monthly accruals and reclassifications.
- Record daily bank activity for check deposits, wire transfers, and reconcile with the bank statement.
- Coordinated with multiple departments to gather and maintain appropriate documentation for monthly accrual purposes.
- Managed expense accruals when POs are prepared and services rendered but awaiting invoices.
- Resolved financial adjustments between subsidiary companies.
- Conduct monthly horizontal P&L account analysis, identify areas of improvement, and communicate drivers to the leadership.
- Weekly review of invoices over $50,000 and identify reclass.
- Perform ad-hoc analyses and projects as requested.
- Recorded reclassifications through journal entries upon request.
Accounts Executive
MODEX TRADING PVT LTD
Ahmedabad
06.2020 - 09.2022
- Reviewing store cash short/excess, petty cash, gift cards, bank deposits issues, and verifying daily credit/debit card submissions, and investigating any discrepancies.
- Maintain a monthly tracker for the DSS summary with the Oracle system, prepare and record monthly journal entries for daily cash in hand, bank cash deposits, credit card receipts, and store expenses.
- Processing invoices in Oracle, and managing payables.
- Reconcile bank accounts by comparing the daily store collection report to bank deposits for cash and credit card accounts.
- Assist in the monthly close process to ensure timely and accurate financial statements.
- Reconcile vendor statements to ensure invoices are entered in the system, and manage accounts payable as per contract terms with vendors and suppliers.
- Perform vendor invoice payments.
- Matched purchase orders with invoices, and recorded necessary information.
- Cash Management: Petty cash approval and expense booking.
Accounts & Finance Executive
COFFEE DAY GLOBAL LTD, TalentPro India Hr Pvt Ltd
Ahmedabad
02.2018 - 03.2020
- Prepare GST returns, GSTR 3B, and GSTR-1.
- Reconciled GSTR 2B with the purchase ledger at the branch level.
- Executed vendor setup and payment administration, improving the efficiency of account reconciliations.
- Sales approval upon no receivables on Microsoft Dynamics.
- Maintaining accounts receivable and MIS reports to the head office.
- Processing the claim application by verifying the details provided.
- Managed regular finance tracking for branch office expenses.
- Processed invoices, and contacted appropriate parties for timely payment receipt.
- Prepared monthly reconciliation of bank accounts, and took corrective actions on deviations.
- Accounting of sales, purchases, and expense in Tally ERP9.
Accountant
PALAK J. SHAH & CO (CHARTERED ACCOUNTANTS)
Ahmedabad
01.2016 - 01.2018
- Conducted daily accounting tasks using Tally ERP, contributing to accurate financial tracking and tax compliance.
- Prepared and filed tax forms to meet the needs of customers.
- GST calculation and return filing GSTR 3B, R1, and R2.
- Assisted in income tax calculation and return filing.
- VAT and CST-related work.
- Handled service tax calculation and return filing.
- Bank Concurrent & Revenue Audit
- Company audit.
- TDS-related work.
- Annual ROC filing.
- Account reconciliation.
Education
M.Com - Accounting And Finance
Mohan Lal Sukhadia University
Udaipur, India03.2021
Certificate Course in Professional Accounting - Finance and Accounting
One Dream Institute
Ahmedabad, India12.2015
B.Com - Accounting And Finance
Mohan Lal Sukhadia University
Udaipur, India07.2015
HSC - Commerce
Mahipal Sr. Secondary School
Sagwara, Rajasthan, India03.2012
Skills
- Blackline reconciliation tool
- Financial analysis
- Month-End Close process
- Account Reconciliation
- Taxation
- GST
- Accounts Payable
- Accounts Receivable
- Variance analysis
- Oracle proficiency
Accomplishments
Supervised team of three staff members.
Languages
- Hindi, Native
- English, C2 Proficient
- Gujarati, C2 Proficient
Personal Information
Date of Birth: 02/01/95
Timeline
Financial Analyst
Coforge Solutions Pvt Ltd, Client - Nomura Services India Pvt Ltd
10.2024 - Current
Record to Report Analyst
ACCENTURE SOLUTIONS PVT LTD
10.2022 - 09.2024
Accounts Executive
MODEX TRADING PVT LTD
06.2020 - 09.2022
Accounts & Finance Executive
COFFEE DAY GLOBAL LTD, TalentPro India Hr Pvt Ltd
02.2018 - 03.2020
Accountant
PALAK J. SHAH & CO (CHARTERED ACCOUNTANTS)
01.2016 - 01.2018
M.Com - Accounting And Finance
Mohan Lal Sukhadia University
Certificate Course in Professional Accounting - Finance and Accounting
One Dream Institute
B.Com - Accounting And Finance
Mohan Lal Sukhadia University
HSC - Commerce
Mahipal Sr. Secondary School
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