Shail Mehta

Chartered Accountant (ICAI) with 8+ years' experience delivering Accounting & Book-keeping, financial reporting and reconciliation services to clients. Xero (Certified) & Learning MYOB, plus hands-on expertise in Accounting Environment in Public Practice and Ecommerce Business, and working knowledge of Ind-AS and IFRS. Experienced in end-to-end Record-to-Report | Experienced in AP/AR Processes and Reconciliation, Bank and Cash Reconciliations, and month-end/year-end pre-close review for entities across manufacturing and service sectors. independently worked in the e-commerce and logistics environment.

Currently completing the ACCA Diploma in IFRS. Hands-on GST return-filing experience in India and multi-jurisdiction VAT compliance work across UAE, UK and Saudi Arabia branches; Handling Overseas NZ (IRD) GST, PAYE and FBT frameworks.

CA in Public Practice in Relative's Firm - Vinesh Mehta & Co, Chartered Accountants - Vadodara, India

(2023-10)

• Preparation & Analysis of Periodic Financial Statements, including Profit & Loss, Balance Sheet, Cash Flow Statements, MIS Reports, General Ledger Accounting, Journal Entries, Accruals, Balance Sheet Reconciliations for multiple clients across Manufacturing and Trading Sectors for management decisions and focus on accuracy, timeliness and compliance.
• Independently engaged in Annual Pre-close review Process, AR / AP Reconciliations – following up for transactions, orders, payments/receipts, resolving unapplied cash/bank transfers through interpersonal follow ups with SME clients, resolving accounting discrepancies with in-person engagement or on collaboration Software like Teams and Slack for abroad client term, and developing interpersonal relations with all types of clients.
• Oversee payroll accounting, and multi-currency/intercompany reconciliations for a NZ Client Business for 2 years, engaged in providing business consultancy services. Day to Day Accounting of Invoices, Bills, Expenses, Month-End Bank Reconciliations, running Account activity statements for Customer/Vendor Information to client. Compliance with GST of NZ for Outsourced client on payment accounting basis, building and reconciling Xero for "File into IR" logs ready for – filling of two monthly GST10
• Compliance of FBT and ESCT PAYE for 10 employees of client - IR420 FBT Return quarterly filing, year-end (Jan-March Quarter) FBT wash-up calculation for alternate rate method and attribution calculation. Generating quality and reliable financial reports for Client's Financial Decision making and holding meetings on Teams.
• Support Record-to-Report for an e-commerce client in Cloud Tally Prime, and handle financial reporting and reconciliations for a logistics company client in Zoho Books.
• Lead a 4-person team and oversee, monitoring and regulating accounting / book keeping systems and workflows.
• Prepare trial balances, Profit/Loss, Cash Flow and Annual Audited financial statements as per IND AS and applied IFRS for preview reporting to external auditors of Overseas Clients from QuickBooks Online.

Accounting and Finance Executive - SaiTech IT Pvt Ltd (Online Retail E-commerce) - Vadodara, India

(2021-10 - 2023-09)

• Managed and offered suggestions to day-to-day bookkeeping/accounting in Cloud Tally Prime for a multi-platform e-commerce business under Ind-AS, including month end and year end closure, and inventory reconciliations/aging policy working closely with Sales, Warehousing and Purchase Departments and created smooth financial controls.
• Lead AR/AP processing, vendor and customer reconciliations and cash management, DSO Analysis, maintaining accurately and in line with Purchase/Sales ledger and Purchase/Sales Orders, contacting customers and vendors for resolving remote discrepancy.
• Fixed Assets, Journal Posting, Unapplied Cash Accounting, reviewing Expenses and Accruals of Utility Bills. Accurate Reporting of General Ledger and on-demand production of vendor/customer statements and expense exception reports. Practical Instance: All Labour and Warehouse Workers were paid randomly through cash or through Bank transfers it made over withdrawals pending application of Rs. 13,45,560 in FY 2021-22 upon careful application, it was found some received amounts in bank and paid back
• Prepared monthly, weekly, quarterly reports and cash-flow analysis for senior management. Handled financial variance analysis of company and critical meetings and discussions with overseas customers, e-commerce intermediates and abroad vendors for cost cutting and financial impacts.
• Managed month-end/year-end close and prepared weekly, monthly and quarterly performance reports, including budget preparation and variance analysis, for senior board review.
• Performed NZ GST Registration of overseas branch, choosing accounting basis as invoice basis and co-ordinated with NZ Statutory consultant for self-assessment tax compliances, closely handled filling two-monthly GST Returns in Form GST-101A and GST 103B, assisted in claiming GST Refunds of unutilized credits.
• Managed multi-currency accounting and preparation of VAT filing papers for overseas branches in the UAE, UK and Saudi Arabia; liaised directly with Amazon's overseas accounts team in these countries.

Senior Audit Executive - Kreston OPR Advisors LLP - Vadodara, India

(2021-02 - 2021-09)

• Performed remote internal audit procedures (cash, bank and journal verification) and risk assessment for an international client based in Angola, SA. Preparation and formulating draft standalone financials and notes as per IFRS in a team of 3 for review on Microsoft teams with high stake teams based in Angola.
• Evaluated internal control systems for a copper-manufacturing client (production, procurement, inventory and sales processes) and supported physical inventory verification and stock audits.
• Coordinated audit planning, risk assessment and documentation with international client representatives via virtual meetings to ensure timely delivery of assignments.

Article Assistant — CA Training - Vinesh Mehta & Co - Vadodara, India

(2017-02 - 2020-02)

• Assisted with statutory and tax audits, financial statement finalisation, and income tax/GST return filings across manufacturing, trading and services clients. Performed vouching, ledger scrutiny, bank reconciliations and balance confirmations; supported physical verification of inventories and fixed assets during audit and bank due-diligence assignments.

Chartered Accountant (ACA) - Accounting - Institute of Chartered Accountants of India (ICAI) (2021)

Master of Commerce (M. Com) - Commerce - Maharaja Sayajirao University of Baroda (2021)

Bachelor of Commerce (B. Com) - Commerce - Maharaja Sayajirao University of Baroda (2019)