SACHI MEHTA
Chartered Accountant
Mumbai
Summary
To seek a challenging position for understanding business change needs, assessing the impact of those changes, strive for excellence with dedication, proactive approach, capturing, analysing and documenting requirements and passion towards the work that will fully utilise logical and reasoning abilities in the best possible way for the fulfilment of organisational goals.
Overview
17
17
years of professional experience
8
8
years of post-secondary education
Work History
Chartered Accountant Assistant
SAVI Tax And Accounting Services
Mumbai
07.2019 - Current
- Conducted thorough financial audits, identifying discrepancies and recommending corrective actions to improve overall efficiency.
- Improved cash flow management by implementing effective collections policies and closely monitoring outstanding receivables.
- Contributed to cost-saving initiatives by conducting comprehensive expense analyses and identifying areas for potential improvement.
- Assisted in successful completion of external audits, addressing inquiries and providing required documentation promptly.
- Streamlined vendor payments process by establishing clear payment timelines and maintaining open lines of communication with suppliers.
- Continually refined personal skills through ongoing professional development opportunities, staying current on industry trends and best practices.
- Performed detailed account reconciliations regularly, promptly resolving any discrepancies or issues that arose during process.
- Maintained strict adherence to ethical standards, ensuring that all accounting activities were conducted with integrity and professionalism.
- Assisted in implementation of new accounting software systems that increased efficiency in daily tasks.
- Enhanced financial reporting accuracy by streamlining accounting procedures and implementing effective internal controls.
- Supported tax planning strategies by conducting detailed research on current regulations and providing timely updates to senior staff members.
- Maintained accurate financial records through meticulous data entry, ensuring up-to-date information for informed decision-making processes.
- Assisted with monthly and quarterly income statements, balance sheets and cash flow reports to inform decision-makers.
- Reviewed general ledger entries and assessed accuracy.
- Supervised accounting staff to provide feedback and evaluate progress.
- Inspected account books and recorded transactions.
- Maintained account accuracy by reviewing and reconciling checks monthly.
- Reconciled company bank, credit card and line of credit accounts, investigating, and resolving discrepancies to keep accounts audit-ready.
- Streamlined daily reporting information entry for efficient record keeping purposes.
- Streamlined bookkeeping procedures to increase efficiency and productivity.
- Implemented new accounting processes to decrease spending and work flow downtime
Finance and Accounts Manager
Fair Vinimay Services Private Limited
11.2015 - 10.2016
- Analyzed complex financial data to identify trends and opportunities for growth or improvement within the organization.
- Mentored junior staff members in best practices for accounting procedures, fostering professional growth within the team.
- Coordinated tax planning strategies with external consultants to minimize tax liabilities and ensure regulatory compliance.
- Oversaw the preparation of monthly financial statements, providing critical insights into business performance.
- Implemented internal controls to safeguard company assets and mitigate risks associated with fraud or error.
- Reduced operational costs by identifying areas for improvement in budget management and resource allocation.
- Collaborated with department heads to develop annual budgets that aligned with strategic goals and objectives.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Processed invoices and contacted appropriate parties for timely payment receipt.
- Supported operations management, sales, and marketing efforts to increase revenue and overall financial health.
- Streamlined financial reporting by implementing efficient accounting systems and processes.
- Created organizational structures to improve accounting and finance functions.
- Prepared and managed large capital expenditure budgets to effectively handle infrastructure investment and long-term operations.
- Improved financial forecasting accuracy by conducting regular reviews of budgets and actual performance data
- Structured debt financing arrangements that optimized cash flow management while minimizing risk exposure.
Audit Manager
Hinesh R Doshi & Co.
01.2014 - 09.2015
- Facilitated internal audits and prepared detailed reports on findings.
- Improved client relations by maintaining open lines of communication and addressing concerns promptly.
- Managed a team of articles, ensuring accurate and timely completion of audit projects.
- Provided valuable insights to senior management on potential business risks identified during audits.
- Consistently met deadlines for audit reports, helping maintain company reputation for reliability and professionalism.
- Implemented risk-based auditing strategies, resulting in better identification of potential issues.
- Interacted with internal staff and clients to improve operational knowledge of relevant tax issues and business implications.
- Analyzed complex client problems and generated targeted solutions that resolved outstanding issues while enhancing client business positions.
- Coordinated, managed and implemented auditing projects and prepared for evaluation.
- Maintained up-to-date knowledge on accounting standards and best practices to ensure high-quality audit results were delivered consistently.
- Reduced financial discrepancies through thorough analysis of company financial statements and records.
- Analyzed accounting systems for efficiency and effectiveness.
- Developed comprehensive audit plans outlining scope, goals, timelines, and resource requirements for each project.
- Collaborated with management to develop actionable recommendations for improving internal controls and processes.
- Recommended changes to management regarding financial operations.
- Enhanced audit efficiency by streamlining processes and implementing new auditing software.
- Partnered with internal managers to deliver client proposals and presentations and increase department sales revenues.
- Prepared working papers, reports and supporting documentation for audit findings.
- Collected and reported monthly expense variances and explanations.
- Trained new employees on accounting principles and company procedures.
- Used accounting software to issue tax returns and prepare consolidated reports.
- Cooperated with senior leaders to create operating budgets and initiate financial planning.
- Compiled general ledger entries on short schedule with 100% accuracy.
- Tracked funds, prepared deposits and reconciled accounts.
- Provided journal entries and performed accounting on accrual basis.
- Collaborated with accounting manager to comply with governing bodies and limit regulatory risks.
- Partnered with auditors to track errors and add contributions to maintain accuracy.
Assistant Manager
HDFC Securities Limited
06.2012 - 09.2013
- Preparation of MIS report on periodic basis and analysis of Cost to Expense Variance
- Analysis of Revenue Booking System and analysis of Debtors and Creditors-Ageing, Recovery Period on periodic basis
- Reconciling debtors and creditors accounts with client by regular follow up and coordination
- Assurance of the proper revenue recognition in books of accounts.
- Supervised day-to-day operations to meet performance, quality and service expectations.
- Developed strong working relationships with staff, fostering a positive work environment.
- Promoted teamwork within the workplace by encouraging collaboration among staff members on various projectstasks.
- Maintained a clean, safe, and organized store environment to enhance the customer experience.
- Oversaw daily cash reconciliations, ensuring accurate financial reporting and minimizing discrepancies.
- Reviewed sales and gross profit report to assess company efficiency.
- Assisted in organizing and overseeing assignments to drive operational excellence.
Article Assistant
U. B. Sura & Co.
03.2007 - 03.2011
- Assisting in audit projects till finalization
- Drafting Audit Reports as per the new reporting requirements of Companies Audit Report Order, 2003 (CARO)
- Drafting and presentation of the financial statements as per schedule VI
- Conducting VAT audit and preparation of the VAT report and filing.
Education
Bacherlor of Commerce - Accounting
R. A. Podar College of Commerce, Matunga
Mumbai, India 01.2006 - 04.2009
Certificate Course On Valuation - undefined
Institute of Chartered Accountants of India
Final CA - Finance And Accounts
Institute of Chartered Accountants of India
Mumbai, India 01.2007 - 05.2011
Skills
Experienceasarticleassistant
U. B. Sura & Co., March 2007 - March 2011, Ghatkopar, Mumbai, Article Assistant, Assisting in audit projects till finalization.
- Drafting Audit Reports as per the new reporting requirements of Companies Audit Report Order, 2003 (CARO).
- Drafting and presentation of the financial statements as per schedule VI.
- Conducting VAT audit and preparation of the VAT report and filing.
- Preparation of the ROC form and filling of the forms.
- Reviewing company's ROC return filing compliance.
- Preparation of Audit Plan and ensure completion of the same within the time.
- Analysis of Revenue Booking System and Debtors and Creditors Ageing, Recovery Period.
- Preparation of Service Tax computation, return filing and working for availing Cenvat Credit.
- Preparation of Income Tax computation of Individual, Firms and Companies.
Other Information
01/11/89, English, Gujarati, Hindi, Reading novels, singing, travelling., Married
Timeline
Chartered Accountant Assistant
SAVI Tax And Accounting Services
07.2019 - Current
Finance and Accounts Manager
Fair Vinimay Services Private Limited
11.2015 - 10.2016
Audit Manager
Hinesh R Doshi & Co.
01.2014 - 09.2015
Assistant Manager
HDFC Securities Limited
06.2012 - 09.2013
Article Assistant
U. B. Sura & Co.
03.2007 - 03.2011
Final CA - Finance And Accounts
Institute of Chartered Accountants of India
01.2007 - 05.2011
Bacherlor of Commerce - Accounting
R. A. Podar College of Commerce, Matunga
01.2006 - 04.2009
Certificate Course On Valuation - undefined
Institute of Chartered Accountants of India
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