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Yogesh Ruparelia

Candidate ID: 204691

Career Summary

Qualified Chartered Accountant with More than 15 years of experience in Accounting/Finance/Auditing/Taxation

Skill Set

Accounts, Finance, Taxation & Audit

Professional Information

Total Experience : 15

Nationality : India

Qualification Level : CA / CS / CFA / All Professional Finance Degrees

Job Function : Accounts / Tax / CS / Audit / Finance

Work Location Preference : UAE

Detailed Profile

A strategic finance executive with 17+ years of experience across diversified business verticals with core competencies in strategic planning, financial performance management, governance and risk management and business process re-engineering with exposure across the UAE, African and Indian markets. Seeking a position to provide superior ROI and maximize shareholder value leveraging on strategic and operational acumen.

Finance Manager February 2023 – Present
Mansford Trading DMCC & Other Group of Companies (MAC Group), UAE

Key Responsibilities:
? Overseeing group-level cash flow management, ensuring effective fund utilization to achieve strategic goals.
? Crafting comprehensive monthly financial reports, including Profit & Loss statements and Balance Sheets for all entities within the company.
? Conducting monthly budget versus actual analyses, providing insights on any variances.
? Leading the oversight and refinement of daily business transactions, resolving discrepancies and enhancing transactional accuracy on a monthly basis.
? Coordinating audits and enact legal compliance adjustments as required.
? Developing automated systems for routine transactions, aiming to reduce time, labor, and errors.
? Managing the creation, observation, and communication of annual and quarterly budgets, ensuring fiscal discipline.
? Generating detailed Impact Assessment reports on Corporate Tax in collaboration with Tax Consultants, guiding strategic decision-making.
? Handling all banking transactions, including securing loans for capital assets and arranging financial facilities to bolster the group's working capital.
? Overseeing accounts receivable and payable, implementing measures to address overdue accounts effectively.
? Administering receivable insurance processes, including credit limit assignment and claim management.
? Scrutinizing and rectifying discrepancies and inconsistencies in intercompany accounts, fostering financial integrity and consistency.

Senior Financial Controller October 2021 – February 2023
High Performance Distribution (CIS Group), UAE

Achievements:
? Played a key role in the implementation of new and simpler processes of business operation process with adequate controls and SOPs.
? Continuously reviewing finance processes and identifying areas for improvement including automation of processes to ensure optimum utilization of resources.
? Successfully handled accounts of 3 branches in Africa namely Kenya, Tanzania & Namibia with their own unique set of financial requirements.
? Devised and implemented the business strategy at the group level.
? Oversaw project governance, including day-to-day management and resolution of risks, issues, and dependencies.

Key Responsibilities:
? Devised and implemented the business strategy at the group level, in consultation with the owners of the business.
? Oversaw project governance, including day-to-day management and resolution of risks, issues and dependencies.
? Managed cash flow at group level while taking adequate measures to ensure utilization of funds towards accomplishment of objectives.
? Identified and investigated variances to financial plans and forecasts by interpreting financial results, effecting control measures, and optimizing financial forecasting to ensure accurate reporting.
? Prepared financial statements including Balance Sheet, Profit & Loss A/c and different budgets.
? Formulated reports for company like working capital calculation, job code report, debtors receivable report, stock and supplier payable report etc.
? Reviewed and resolved errors and inconsistencies with intercompany accounts.
? Prepared all reports online on Oracle Business Intelligence, performing bank reconciliation and monthly booking of closing entries with respect to accruals, provision, pre-payment, depreciation, and intercompany reconciliation.
? Tracked all open legal issues and required documents is provided to the Legal Authorities on a time-to-time basis.
? Verified data entries and transactions made by the Junior Accountants & Operations Team.

Accounts Manager & Financial Analyst October 2015 – September 2021
High Performance Distribution (CIS Group), UAE

Key Responsibilities:
? Full life cycle analysis and documentation, including terms of reference, business requirements, functional specifications and implementation plans.
? Analyzed the group companies monthly financial results, budget and yearly forecast and complete reporting.
? Coordinated with the General Manager to evaluate the projections on the basis of the market conditions & opportunities.
? Designed and implemented systems, policies & procedures to facilitate internal financial control.
? Implemented required changes in current accounting system in group companies to comply with VAT Laws in UAE.
? Registered our group of companies for with FTA, UAE.
? Trained accounting staff and giving them basic knowledge about VAT laws of UAE.
? Filed VAT returns of group companies on a timely basis.

Audit Manager May 2012 - June 2015
Madlani & Vithlani Chartered Accountants, Mumbai, India

Key Responsibilities:
? Handled book keeping and Management Accounting of several clients on retainership basis.
? Prepared and monitored accounts on – going basis including bank reconciliations, management of receivables, payables, payroll processing, assets management.
? Maintained complete sets of Books of Accounts and got it audited through statutory auditors.
? Prepared and validated indirect cash-flow forecasts starting at Adjusted Net Income and Operating Income for specific entities in the group
? Monthly forecasts for year-end projection
? Readied financial statements including Balance Sheet, P&L A/c, different budgets, MIS reports and cash forecasts.
? Submitted annual reports to Board of Directors.
? Worked on preparation & analysis of various budgets, cash, fund flow, fund management and investment decisions.
? Implemented best practices in the financial and accounting system to serve clients better.
? Undertook VAT audits, identified URD purchases and sales, set off /input tax credit, verification of branch transfer and F/H Forms.
? Verification of compliances, viz filing of returns and TDS works on contracts.
? Determination differential liability or refund, assessment of impact on calculation of VAT/CST liability of sales return, purchase return, branch transfer, export of goods, sales to SEZ and exempted goods
? Computation of VAT/CST Liability Monthly, Quarterly (Normal, Composition Scheme) and filing of VAT/CST return.