Summary
Overview
Work History
Education
Skills
Timeline
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Paras Dedhia

London, England

Summary

ACCA-qualified finance leader with 9+ years driving financial operations across high-growth UK startups and scale-ups. Expert in FRS 102 reporting, UK GAAP / US GAAP compliance, and multi-jurisdictional operations & best FinOps practices. Currently Global Financial Controller at ZeroAvia (TIME #1 GreenTech), managing UK & US finance operations while supporting international expansion.

Core Expertise: UK GAAP/FRS 102 Reporting | US GAAP | UK Tax & VAT Compliance | InnovateUK Grant Management | R&D Tax Credits | US PCAOB Audit |UK Statutory Audits | NetSuite & Xero | Strong Controls Mindset

Overview

11
11
years of professional experience

Work History

Global Financial Controller

ZeroAvia
03.2021 - Current

ZeroAvia is a clean-tech scale-up focused on developing hydrogen-electric powered aircraft engines. The company has secured > $300m in funding from major investors, SWF & Govt funds. Ranked #1 GreenTech company by TIME magazine.


  • Managing FinOps function of UK & US operations.
  • Managing group-wide tax operations, including UK compliance (Corporation Tax, VAT submissions, PSA/PAYE) and US obligations (state and federal filings, sales tax)
  • Preparing standalone & consolidated monthly, quarterly financial & management reporting decks.
  • Led the PCAOB-compliant audit of the parent company conducted by a Big 4 firm. Key achievement: Within the third year audit cycle no control deficiencies or misstatements identified, resulting in a clean audit opinion - a rare accomplishment for a rapidly growing startup.
  • Project managing and key personnel on system migration/ERP implementation from Xero/QuickBooks to NetSuite across ZeroAvia group.
  • Managing various external investor reporting including reporting to InnovateUK on government-funded projects (circa £50m). Managing R&D tax credits claim preparation & submission (circa £5m).
  • Designing process and financial controls as part of public company readiness.
  • Leading and participating as the key finance stakeholder in cross‑functional teams.
  • Financial statement preparations including footnote disclosures, accounting policy, and technical accounting memo on capitalization of R&D costs, intangible assets, impairments, revenue recognition, grant income recognition, inter-company funding.
  • Project managing transfer pricing implementation.
  • M&A integration of HyPoint Ltd into ZeroAvia Ltd, integration processes, finance systems & managing reporting.
  • Oversee USD-based treasury operations including FX hedging strategies, working capital optimization, and cash flow forecasting.


Financial Accountant

MarketFinance
07.2020 - 03.2021

MarketFinance (now known as Kriya) is enterprise pay later solution, offering B2B payment solutions & have processed over £28 billions in B2B payments.


  • Taking ownership of accounting and financial systems, including expense controls, bookkeeping records, accounting records and supporting systems.
  • Bringing accounting function of 2 SPVs in-house from outsourced third-party service provider.
  • Preparing statutory accounts under FRS 102 and leading YE audit process.
  • Drafting technical accounting memos, accounting policies and procedures handbook.
  • Bank account and cash management, including operational control over company bank accounts and credit cards, bank reconciliations and payments (accounts payable, expenses).
  • Delivering monthly closure of accounts across three entities.
  • Preparing monthly management accounts and external investor reporting.
  • Taking complete ownership of tax filings incl, VAT return, Corporate tax return & R&D tax credit.

Global Finance Manager

Hostmaker
03.2019 - 06.2020

Hostmaker is a PropTech startup in short-term rental space and was featured by Forbes as one of the five fastest-growing British businesses to watch and ranked #11 by StartUps UK in 2017 and #3 in 2018, and #16 in 2019 by Deloitte's Fast50


  • Review & analysis of monthly trial balances from local entities post month‑end procedures (5 subsidiaries).
  • Preparation of monthly management information & consolidated group accounts.
  • Supporting CFO in finance team management, specifically overseas teams from European entities.
  • Preparing year‑end consolidated financial statements in accordance with FRS 102. Closely working with CFO on the external group audit process end to end.
  • Drafting technical accounting memos, accounting policies & procedure handbook.
  • Closing of subsidiaries year-end in accordance with the local GAAP standard of the entities' jurisdiction & liaison with external accountants/tax advisors for compliance from the local and group perspective.
  • Actively working & with the team on process improvements, efficiencies & control functions.
  • Reduced month‑end reporting time from 20 to 8 working days.
  • Introduced monthly flash P&L to report business performance within 2‑3 working days post‑month‑end with +(‑)5% deviation to actual management accounts on key metrics such as revenue, gross margin, centre of excellence and consolidated EBITDA.
  • Leading and participating as the key finance stakeholder in cross‑functional teams.
  • Working closely with CFO on financial/tax due diligence (sell‑side) and Series C funding round.
  • Working on financial system integration, post-acquisition of European entities of Hostmaker by Houst.

Finance Lead

Hostmaker
03.2018 - 02.2019


  • Setting up accounting system for new entities (Xero). Preparing P&L and management information pack for new entities.
  • Finance systems and integration with Hostmaker's operation function.
  • Engaging with operational teams for process improvements.
  • Liaison with external advisors on tax matters/regulatory compliance.
  • Providing support to Finance manager/Finance director on external audit and due diligence on fundraising.
  • Training & development of new accountants in team.

Associate

Capitax Financial
08.2017 - 02.2018
  • Preparing statutory accounts for companies and sole traders in accordance with the regulatory framework of FRS 102 & FRS 105 1A.
  • Preparing CT600, tax computation & compliance for 'Ltd' companies.
  • Preparing self‑assessment tax returns with focus on technical areas of residence, remittance & domicile.
  • Preparing capital gains tax computation, calculations of share pool & S104 holdings. Responsible for VAT compliance.
  • Preparing & assisting with HMRC worldwide voluntary disclosures & settlements.
  • Xero system setup & implementation for SME clients.


Associate

Albury Associates
02.2017 - 07.2017
  • Responsible for book-keeping for SME clients.
  • Preparing statutory accounts for companies and sole traders under FRS 102 & FRS 105 1A.
  • Preparing personal tax returns and VAT returns. Writing memo's on personal tax & corporation tax planning.


Tax Associate

Concentrix
01.2015 - 12.2016

Back office of MHA McIntyre Hudson.


  • Preparing personal tax returns (UK taxation), sole trader accounts, property accounts.
  • Personal tax planning, documentations for HNWI clients. Bookkeeping, accounts production incl work papers for SME clients.
  • Managing various project related activities (ISO and ISMS audits).


Education

Master of Science - Professional Accountancy

University College London, University of London
London, ENG

ACCA - Accounting & Finance

Association Of Chartered Certified Accountants
London

Skills

  • Xero certified user
  • NetSuite key user
  • Process & systems improvement
  • MI/Statutory reporting
  • Financial management & controls
  • Negotiation & change management
  • Internal controls
  • Tax compliance

Timeline

Global Financial Controller

ZeroAvia
03.2021 - Current

Financial Accountant

MarketFinance
07.2020 - 03.2021

Global Finance Manager

Hostmaker
03.2019 - 06.2020

Finance Lead

Hostmaker
03.2018 - 02.2019

Associate

Capitax Financial
08.2017 - 02.2018

Associate

Albury Associates
02.2017 - 07.2017

Tax Associate

Concentrix
01.2015 - 12.2016

ACCA - Accounting & Finance

Association Of Chartered Certified Accountants

Master of Science - Professional Accountancy

University College London, University of London
Paras Dedhia