Vrujesh Patel
Vadodara
Summary
Seasoned Finance & Accounts Executive with comprehensive experience in financial management, budgeting, and auditing. Strengths include strong analytical skills, ability to effectively manage financial operations, and expertise in financial software applications. Previous roles involved streamlining accounting procedures for increased efficiency and cost reduction.
Overview
8
8
years of professional experience
1
1
Certification
Work History
Finance & Accounts Executive
Ushta Infinity Construction Company Pvt Ltd
Vadodara
05.2023 - Current
- Monitored cash flow activities to ensure that sufficient funds are available for daily operations.
- Reviewed bank statements on a regular basis to detect any discrepancies or irregularities.
- Coordinated the entire process of tax return preparation encompassing various types like TDS, Self Assessment Tax and GST.
- Checked payroll, vendor payments and other accounting disbursements for accuracy and compliance.
- Developed and implemented financial policies and procedures to improve internal controls.
- Ensured accuracy in processing and managing project-specific accounts receivable invoices and payments.
- Maintained records of invoices, payments, receipts, deposits and other related documents.
- Conducted regular audits of all accounts payable transactions to ensure accuracy and compliance with company policy.
- Completed month-end and year-end closings, kept records audit-ready and monitored timely recording of accounting transactions.
- Managed relationships with tax authorities, bankers and auditors.
- Provided support on special projects as assigned by senior finance personnel.
- Participated in system implementations related to finance and accounting functions.
- Prepared Bank Guarantee to meet client expectations through effective communication and coordination with banking institutions.
Finance & Accounts Executive
Shilchar Technologies Ltd
Vadodara
03.2021 - 04.2023
- Processed vendor invoices in a timely manner.
- Prepared monthly accrual entries for expenses not yet received or billed.
- Communicated effectively with vendors regarding billing inquiries or discrepancies.
- Conducted regular audits of all accounts payable transactions to ensure accuracy and compliance with company policy.
- Monitored cash flow activities to ensure that sufficient funds are available for daily operations.
- Reviewed bank statements on a regular basis to detect any discrepancies or irregularities.
- Managed preparation of various taxes such as TDS and GST.
- Managed client requirements for processing Bank Guarantees, ensuring timely follow-up with the bank.
- Examined reports provided by bank officials to ensure timely closure of open BOE.
- Processed import payments.
- Processed quarterly accrual entries, prepaid and provisions to ensure accurate financial records.
Accounts Assistant
Ushta Infinity Construction Company Pvt Ltd
Vadodara
12.2019 - 03.2021
- Prepared and processed invoices, payments and bank deposits.
- Maintained accurate records of financial transactions.
- Completed reconciliations of various accounts including petty cash, credit cards and bank accounts.
- Generated monthly financial reports for management review.
- Provided administrative support to the accounting department as required.
- Ensured accuracy of data entry into accounting systems by verifying documents against source information.
- Managed vendor relations through timely invoice payments and resolving any outstanding payment disputes.
Audit Assistant
Sharp & Tannan Associates
Vadodara
10.2016 - 12.2019
- Reviewed internal controls, policies, procedures, and operations to identify areas for improvement.
- Developed recommendations for improving operational efficiency.
- Conducted risk assessments on existing systems and processes.
- Prepared detailed documentation of audit findings and observations.
- Evaluated internal control systems to ensure compliance with established regulations and standards.
- Identified opportunities for cost savings through process improvements.
- Investigated any potential fraud or misappropriation of funds.
- Verified physical inventory of stock against store records and documents.
- Monitored stock movement to detect any irregularities or shrinkage.
Education
Bachelor of Commerce -
The Maharaja Sayajirao University of Baroda
Vadodara04-2015
Diploma in Import & Export -
The Maharaja Sayajirao University of Baroda
VadodaraSome College (No Degree) -
The Institute of Chartered Accountants of India
VadodaraSkills
- Auditing procedures
- Cost Control
- Financial Controls
- Accounts Payable
- Expense Tracking
Accomplishments
- Appreciated by one of our clients board members for analyzing and investigating financial fraud while I'm conducting Internal Financial Control audit.
- Appreciated by the tax auditors for not maintaining accurate datas and not paying any interest or penalty for statutory dues.
- Appreciation received from my current employer for successfully implementing Microsoft NAV and for developing customized advance payment system for our employees those working in remote location.
Affiliations
- Associated with Isha Foundation and taking actively take parts in all activities.
Certification
- SAP FICO & B1
- Microsoft NAV
- Tally
- Microsoft Excel
Languages
Gujarati
First Language
Hindi
Advanced (C1)
C1
English
Upper Intermediate (B2)
B2
Timeline
Finance & Accounts Executive
Ushta Infinity Construction Company Pvt Ltd
05.2023 - Current
Finance & Accounts Executive
Shilchar Technologies Ltd
03.2021 - 04.2023
Accounts Assistant
Ushta Infinity Construction Company Pvt Ltd
12.2019 - 03.2021
Audit Assistant
Sharp & Tannan Associates
10.2016 - 12.2019
Bachelor of Commerce -
The Maharaja Sayajirao University of Baroda
Diploma in Import & Export -
The Maharaja Sayajirao University of Baroda
Some College (No Degree) -
The Institute of Chartered Accountants of India
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