Samruddhi Panchal
Mumbai
Summary
Diligent Team Lead (Accounts Executive) with a solid background in managing client accounts and fostering long-term business relationships. Well-versed in the finalization of accounts and bookkeeping, with a total of 7.5 years of experience. Successfully led multiple high-impact projects, ensuring client satisfaction and retention. Demonstrated strong analytical and problem-solving skills in financial reporting and account reconciliation.
Overview
8
8
years of professional experience
Work History
Team Lead (Accounts Executive)
GI Outsourcing Pvt Ltd Limited
06.2022 - Current
- Finalized year-end accounts for Limited Companies, LLPs, and Partnerships.
- Prepared financial statements and tax returns from base records for UK companies.
- Executed bank reconciliation, VAT analysis, bookkeeping, and payroll reconciliation.
- Utilized accounting software including Iris, QuickBooks, Xero, and Sage to enhance productivity.
- Collaborated with cross-departmental teams to streamline processes and resolve issues.
- Led efforts to optimize account finalization processes using CaseWare and CCH software.
- Achieved 10% increase in team efficiency through process improvements in software usage.
- Managed a team of junior accountants, providing guidance, training, and performance evaluations to ensure their professional growth and development.
- Reduced financial discrepancies by conducting regular, thorough account reconciliations.
- Prepared monthly, quarterly, and year-end financial statements in compliance with new UK GAAP standards.
Senior Accounts Executive
Glocal Pinnacle Solutions limited
10.2020 - 06.2022
- Finalized UK year-end accounts for limited companies, LLPs, partnerships, and sole traders ahead of deadlines.
- Guided junior accountants in account finalization to enhance team efficiency.
- Filed tax returns for various entities with HMRC to ensure compliance.
- Conducted thorough account reconciliations, resolving discrepancies promptly.
- Managed accounts receivable and payable processes to boost client satisfaction.
- Reconciled bank statements on a regular basis to ensure accuracy of records.
Accounts Associate
Datamatics Business Solutions Limited
08.2019 - 10.2020
- Prepared financial statements and other reports for UK-based companies from base records.
- Executed bank reconciliation, ledger scrutiny, VAT analysis and finalization of accounts.
- Managed accounts payable and receivable, alongside comprehensive bookkeeping tasks.
- Developed schedules for financial statements and computed corporation tax obligations.
- Utilized various accounting software, including IRIS, QuickBooks, Xero, Sage 2019 and VT Transaction.
- Reviewed issues, analyzed and interpreted data, and determined corrective action.
- Ensured compliance with new UK GAAP principles, researching accounting issues and providing guidance to team members.
Junior Accounts Executive
S.G.Salecha & Co.
07.2017 - 11.2018
- Executed daily updates in Accounts within Tally ERP 9 for GST tax payments and returns.
- Ensured bank reconciliation and management of all accounting activities.
- Prepared and filed TDS returns, following up with clients on payments.
Education
MBA - Banking and Finance
Narsee Monjee Institute of Management Studies
Mumbai10-2024
M.COM - Accounting and Finance
Mumbai University
Mumbai08-2019
Bachelors - Accounting and Finance
Dahanukar College of Commerce
Mumbai06-2017
Skills
- Accounting software (QuickBooks, Xero, Sage, IRIS, TaxCalc, CCH, SAPA, CaseWare, Tally, VT)
- MS Word
- MS Excel (including VLOOKUP and Pivot)
- Financial analysis
- Work Planning and Prioritization
- Intercompany transactions management
- General ledger oversight
- Year-end closing expertise
- Accounts receivable and payable
- Bank reconciliation processes
- New UK GAAP compliance
- Positive attitude
- Self-confident
- Good communication
- Effective time management
- Team leadership
- Problem solving
- Motivation
- Innovative
- Attention to detail
- Teamwork and collaboration
Hobbies and Interests
- Dancing
- Singing
Languages
- English
- Hindi
- Marathi
Affiliations
- Received the ‘Meritorious Student’ Award from M.L. Dahanukar College of Commerce for the Academic Year 2016-2017
- Successfully passed National Accounting Talent Search Competition 2015-2016 and secured 80th-90th percentile.
Personal Details
Date of birth: 19/09/1996
Nationality: Indian
Marital Status: Single
Timeline
Team Lead (Accounts Executive)
GI Outsourcing Pvt Ltd Limited
06.2022 - Current
Senior Accounts Executive
Glocal Pinnacle Solutions limited
10.2020 - 06.2022
Accounts Associate
Datamatics Business Solutions Limited
08.2019 - 10.2020
Junior Accounts Executive
S.G.Salecha & Co.
07.2017 - 11.2018
MBA - Banking and Finance
Narsee Monjee Institute of Management Studies
M.COM - Accounting and Finance
Mumbai University
Bachelors - Accounting and Finance
Dahanukar College of Commerce
Similar Profiles
Darshan Rajesh MehtaDarshan Rajesh Mehta
Executive Processor at GI OutsourcingExecutive Processor at GI Outsourcing
Aayushi KateliaAayushi Katelia
Executive at GI OutsourcingExecutive at GI Outsourcing
NITIN BAJPAINITIN BAJPAI
Territory Head at Klueber Lubrication India Pvt. Ltd, GI NorthTerritory Head at Klueber Lubrication India Pvt. Ltd, GI North