Darpan B. Thakkar
Financial Accountant | R2R & General Ledger Specialist
Dombivli
Summary
Professional with comprehensive experience in financial accounting. Skilled in financial reporting, budget management, and regulatory compliance. Strong focus on team collaboration and achieving measurable results. Adaptable and reliable, excelling in dynamic environments.
Overview
14
14
years of professional experience
5
5
Languages
Work History
Financial Accountant
MUFG (Formerly Link Group)
Mumbai
12.2022 - Current
- Prepared monthly general ledger reconciliations, including payroll-related accounts, to identify discrepancies, and collaborated with relevant teams to develop and implement corrective action plans.
- Prepared and maintained an intercompany transaction matrix; reconciled intercompany balances across group entities, and ensured timely resolution of discrepancies.
- Prepared and submitted Office for National Statistics (ONS) surveys in compliance with UK regulatory requirements for UK-registered entities, ensuring accurate and timely reporting.
- Maintained the fixed assets register, ensuring accurate recording of asset additions, disposals, and inter-entity transfers.
- Performed a monthly elimination of intercompany costs and revenues to support consolidated financial statements.
- Managed lease accounting in compliance with IFRS 16, including the recognition and tracking of Right-of-Use assets and associated lease liabilities.
- Conducted a weekly review of clearing account activity to track all invoices processed by the Accounts Payable team; prepared detailed allocation reports indicating the appropriate Region, Cost Center, Business Unit, and GL accounts.
- Partnered with cross-functional teams to streamline and improve accounting and financial operations.
- Input financial data and produce reports using IBM Planning Analytics.
- Recorded monthly accruals for key expenses and revenues, including payroll-related costs, such as salaries and commissions.
- Supported external and internal audit processes by coordinating requests, preparing audit schedules, and providing required documentation.
- Ensured adherence to internal controls by reviewing financial records, operating practices, and documentation in line with compliance standards.
- Posted journal entries as part of the monthly close process, ensuring timely and accurate financial reporting.
- Handled the allocation of consolidated travel cost invoices across multiple entities by analyzing traveler data; ensured accurate monthly distribution to appropriate cost centers, business units, and general ledger accounts to support streamlined accounts payable processing.
- Recorded provisions for doubtful debts, based on AP aging reports, to ensure accurate financial reporting.
Management Trainee (R2R)
Genpact India Private Limited
Gurugram
05.2021 - 11.2022
- Managing month end activities of North American Commercial Region (NACR) of 17 different brands of one of world largest cosmetic companies.
- Handling monthly reconciliation of various general ledgers and uploading the same in blackline calling out open items (Required adjustments & Timing differences), and following up with client for required adjustments.
- Preparing bill back invoices.
- Making monthly accruals of costs and revenues like salaries & commission.
- Preparing and recording JEs in SAP.
- Managing month end stock adjustment entries.
- Ensuring that all costs and revenues are routed through the cost and profit centers of the brands they pertain to.
- Highlighting key issues and lapses if any with immediate supervisor and identifying resolutions for the same in co-ordination with team members.
- Preparing various excel reports to support management in decision making.
- Interacting with client and mitigating critical issues to ensure smooth process.
Accounts Manager
Mohit S. Shah & Co. (Chartered Accountants)
Mumbai
09.2019 - 04.2021
- I appeared before income authorities as the authorized representative of clients in scrutiny assessments.
- Administered the finance and account function, and delivered financial statements and management accounts periodically to management.
- Ensured direct and indirect tax compliance, such as timely payment of GST and advance tax, filing of returns, and replying to notices received from statutory authorities.
- Drafted replies to notices received from various statutory authorities, like the Income Tax Department and the GST Department.
Accounts Executive
Meghana Thakkar & Associates (Chartered Accountants)
Mumbai
01.2015 - 08.2019
- Helped clients with tax planning.
- Conducted tax audits.
- Conducted audits of public charitable institutions.
- Ensured service tax compliance, such as timely payment of taxes, filing of returns, and replying to notices received from the service tax department.
- Prepared CMA data and quarterly statements (3A and 3B), and projected financial statements for availing short-term credit from banks.
Intern
Z.J Arsiwala & Associates
Mumbai
12.2011 - 12.2014
Education
Integrated Professional Competence Course -
Institute of Chartered Accountants of India
Mumbai 04.2001 -
HSC -
Maharashtra Board
Mumbai 04.2001 -
SSC -
Maharashtra Board
Mumbai 04.2001 -
Skills
- Auditing & Taxation
- Budgeting and Forecasting Management
- Team building & Leadership
- Financial Analysis & Reporting
- Statutory Compliances
- MIS Reporting Financial
Timeline
Financial Accountant
MUFG (Formerly Link Group)
12.2022 - Current
Management Trainee (R2R)
Genpact India Private Limited
05.2021 - 11.2022
Accounts Manager
Mohit S. Shah & Co. (Chartered Accountants)
09.2019 - 04.2021
Accounts Executive
Meghana Thakkar & Associates (Chartered Accountants)
01.2015 - 08.2019
Intern
Z.J Arsiwala & Associates
12.2011 - 12.2014
Integrated Professional Competence Course -
Institute of Chartered Accountants of India
04.2001 -
HSC -
Maharashtra Board
04.2001 -
SSC -
Maharashtra Board
04.2001 -
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