Parin Shah
Senior Manager - Corporate Finance
Ahmedabad
Summary
BRIEF OVERVIEW:-
Finance Professional adept in Business Analytics, Strategy development, Receivables Management and team management with proven track record of delivering under compressed timelines.
Finance Manager promoting more than 17 years of expertise overseeing transactions and reconciling monthly and Annually financial reports Knowledgeable about regulatory requirements and successful strategies for maintaining optimal controls. Well-organized, proactive and adaptable to dynamic conditions.
Overview
17
17
years of professional experience
4
4
years of post-secondary education
Work History
Senior Manager
Matter Motor Works Pvt Ltd
Ahmedabad
2021.08 - Current
- Collect, review, and ensure the accuracy of budget estimates across departments, aligning with procedures and organizational goals.
- Manage budget reporting for all sectors, including forecasts, capital budgets, and cash flows, ensuring punctuality and precision.
- Deliver regular reporting packages to management on annual and monthly bases, highlighting variations from projections with explanatory notes.
- Conduct comprehensive analysis of financial data and documents for Financial and Legal Due Diligence.
- Engage in Commercial Finance activities to drive growth and strategic decision-making, collaborating cross-functionally on business strategies, pricing models, and investments.
- Lead corporate restructuring initiatives to enhance efficiency and financial performance.
- Oversee Government Subsidy programs, maximizing benefits in sectors like ESDM, Fame-II, and MOOWR to foster growth.
Group Finance Manager- (Direct & Indirect Tax)
RBSA Advisors
Ahmedabad & Mumbai
2019.10 - 2021.07
- Manage financial reporting, including monthly reports, budgeting, forecasting, and compliance with Direct & Indirect Tax regulations, Branch Audit, and External Audit.
- Supervise Accounts Payable, Accounts Receivable, Tax, Treasury, Payroll, and Financial and Management Accounting.
- Ensure compliance with taxation authorities and coordinate with auditors for timely financial closure.
- Prepare and present consolidated financial statements for a group of enterprises and apply Accounting Standard (AS21) for subsidiary investments.
- Handle Minority/Non-controlling interest of foreign subsidiary investments and calculate Minimum Alternative Tax (MAT) for the parent company.
- Submit Foreign Liabilities and Assets (FLA) reports to RBI for foreign subsidiaries.
- Manage banking relationships and borrowing arrangements to optimize cash positions and returns.
- Initiate and oversee ERP implementation to align with company requirements, particularly focusing on treasury management and enhancing cash positions.
Sr. Accounts Manager (GST Head & Internal Auditor)
Khushi Advertising Ideas Pvt. Ltd
Ahmedabad & Mumbai
2016.10 - 2019.10
- Collaborate with various teams to design tax-compliant processes, enhancing efficiency and accuracy in tax return filing, assessments, and audits.
- Implement process documents with AP, AR, and Accounting teams to ensure tax compliance.
- Interpret GST provisions accurately, handle queries, and classify goods and services according to GST Tariff.
- Maintain up-to-date knowledge of GST provisions, amendments, and tax-related judgments.
- Manage GST authorities queries, inquiries, investigations, and audits, ensuring timely availing of eligible GST Input Tax Credit.
- Prepare and file LUTs for SEZ clients and services exported outside India.
- Reconcile GST Input Tax Credit with GSTR2A and coordinate with vendors to resolve discrepancies.
Assistant Manager
RBSA Valuation Advisors LLP
Ahmedabad
2013.11 - 2016.10
- Engage in business planning, conducting monthly analysis, reporting, and forecasting, including daily flash reports.
- Handle accounting tasks such as booking bills for purchases, sales, and general expenses, ensuring accuracy in account allocation.
- Prepare and monitor budgets, analyze variations, and provide recommendations to the Head of Accounts & Finance.
- Assist the Head of Accounts & Finance in coordinating with the management team for funding requirements.
- Conduct checks on physical cash balances, bank reconciliations, and scrutinize accounts, analyzing transactions over specific periods.
- Monitor monthly payroll processing and disbursement, including managing medical claims, leave salaries, final settlements, and other employee benefits.
- Prepare financial statements such as Balance Sheet, Profit & Loss Account, along with schedules and notes for comprehensive reporting.
Accounts Officer
Adani Skill Development Centre
Mundra
2011.02 - 2013.10
- General Ledger analysis, Preparation and Posting of adjustment, rectification, allocation and closing entries etc.
- Providing information to Head of Accounts & Finance on regular basis for revenues, outstanding (Debtors and creditors) Project Expenses, Report on budget v/ s Actual, etc.
- Verifying, allocating, posting and reconciling accounts payable and receivable
- Producing error-free accounting reports and present their results
- Analyzing financial information and summarizing financial status
- Handling overall work relating to TDS (Including Monthly & Quarterly submission of TDS Statements and returns eTDS Filling Process.
Account Assistant
Unique Sales
Ahmedabad
2007.08 - 2011.01
- Administered activities related to outlet sales verification, customer reconciliations, and receivables aging and bank reconciliations.
- Shouldered responsibility of posting PDC cheques and managing credit / debit card transactions postings with bank's merchant statement.
- Keep financial records and establish, maintain and balance various accounts using manual and computerized bookkeeping systems.
- Post journal entries and reconcile accounts, prepare trial balance of books, maintain general ledgers and prepare financial statements.
Education
B.Com - Accounting and Finance
Gujarat University
Ahmedabad,GJ 2007.03 - 2010.01
Chartered Accountant - Accounting And Finance
Institute of Chartered Accountants of India
Ahmedabad, GJ 2007.03 - 2012.05
Financial Analyst Pro Degree - Finance
Imarticus (Sponsored By KPMG)
Ahmedabad 2019.09 - 2020.02
Financial Modeling & Valuation Analyst -
Corporate Finance Institute
Online 2020.02 - 2020.03
Corporate Finance By Aswath Damodaran -
NYU Stern School Of Business
Online 2020.03 - 2020.03
IndAs And IFRS Accounting Standards -
EY Academy
Online 2020.03 - 2020.04
Direct And Indirect Taxation -
EY Academy
Online 2020.04 - 2020.05
Advance Auditing Standards & Professional Ethics -
University Of Montana USA
Online 2020.04 - 2020.05
Strategic Financial Management -
Kelly School Of Business (Indiana University USA)
Online 2020.04 - 2020.05
Certified Public Accountant - Accounting and Finance
American Institute Of Certified Public Accountant
Online 2020.04 - Current
MBA - Master in Business Analytics
Jain University
Bangalore 2021.02 - 2023.07
Skills
INDAS,US GAAP & IFRS
Timeline
Senior Manager
Matter Motor Works Pvt Ltd
2021.08 - Current
MBA - Master in Business Analytics
Jain University
2021.02 - 2023.07
Direct And Indirect Taxation -
EY Academy
2020.04 - 2020.05
Advance Auditing Standards & Professional Ethics -
University Of Montana USA
2020.04 - 2020.05
Strategic Financial Management -
Kelly School Of Business (Indiana University USA)
2020.04 - 2020.05
Certified Public Accountant - Accounting and Finance
American Institute Of Certified Public Accountant
2020.04 - Current
Corporate Finance By Aswath Damodaran -
NYU Stern School Of Business
2020.03 - 2020.03
IndAs And IFRS Accounting Standards -
EY Academy
2020.03 - 2020.04
Financial Modeling & Valuation Analyst -
Corporate Finance Institute
2020.02 - 2020.03
Group Finance Manager- (Direct & Indirect Tax)
RBSA Advisors
2019.10 - 2021.07
Financial Analyst Pro Degree - Finance
Imarticus (Sponsored By KPMG)
2019.09 - 2020.02
Sr. Accounts Manager (GST Head & Internal Auditor)
Khushi Advertising Ideas Pvt. Ltd
2016.10 - 2019.10
Assistant Manager
RBSA Valuation Advisors LLP
2013.11 - 2016.10
Accounts Officer
Adani Skill Development Centre
2011.02 - 2013.10
Account Assistant
Unique Sales
2007.08 - 2011.01
Chartered Accountant - Accounting And Finance
Institute of Chartered Accountants of India
2007.03 - 2012.05
B.Com - Accounting and Finance
Gujarat University
2007.03 - 2010.01
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