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KEVAL KHODA

accounts

UAE
kevalkhoda@gmail.com +971 521956057 Not Linked Finance Accounting & Book Keeping
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CORE COMPETENCIES


 Financial Reporting
 Financial Management
 Management Accounting
 Trade Finance Operations
 Accounts Finalization
 Budgeting & Forecasting
 Hands-on ERP Packages
 AR & AP
 Cash Flow Statements
 Variance Analysis
 Tax & VAT Audit
 External & Internal Audit


ACADEMIA


2018 Pursuing Diploma in IFRS
2015 Chartered Accountancy from The Institute of Chartered Accountants of India.
2013 B.Com. from Sydenham College of Commerce & Economics – University of Mumbai.


WORK EXPERIENCE
Organization: GLAZE Granite & Marble Tr. Est.
Period: Aug 2017 to present
Designation: Assistant Manager


1. VAT Accountant Role
 Assisting CFO in the registration of the company with Federal TAX authorities of UAE
 Supervision of regular Accounting system to comply with new VAT laws in UAE
 Maintain input & output VAT records and ledger reconciliation at the month-end.
 Coordination with the salesperson to get export documents to claim export sales as zero-rated supplies.
 RCM (Reverse charge mechanism) calculation, monitoring RCM effects while posting import purchase entries
and reconciliation at the month-end.
 Preparing and Reconciling VAT liability and timely filing of the VAT return.


2. Financial Management Role
 Daily monitoring bank accounts and manages the fund as per the requirement.
 Preparation of vendor overseas payments through telex transfer, monitoring LC Due date/Collection bill/Trust
receipt/Collection bill and arrange funds on time and bank coordination.
 Preparation of cash flow to review the cash position and forecast funds required to honor the financial
commitments.
 Close monitoring on the Export LC movement and follow up with the bank for inward remittance.
 Close monitoring of debtors and follow-up with the sales team.
 Import LC Margin Reconciliation at the end of the month to avoid the blockage of funds.


3. Accountant Role
 Preparation of performance reports – Balance Sheet, Profit & Loss Accounts on Sales and Purchase reports on
a regular basis.
 Year-end closing of books of accounts and finalizing of Financial Statements as per International Financial
Reporting Standards.
 Liaise with Internal auditors for their respective queries related to Financial Statements and providing various
schedules to the auditor as per their requirements.
 Calculating monthly salary, leave salary, provision of gratuity, prepaid expenses, depreciation, fixed asset
schedule, stock, and GIT.
 Verifying all accounts is reconciled and updated.
 Sales Incentive calculation and getting approved by the director and informing the incentive amount and plan set by
the director for next month to each salesperson through e-mail.
 Sales variance checking on regular intervals and getting satisfactory justification for a variance from each salesperson.
 Checking commission amount payable to intermediate parties.
 MIS, Budgeting, Variance analysis, and any Adhoc reports assigned by the Managing Director.
 Epicor set up activities.


Organization : Sana Fashion LLC Dubai, UAE.
Period: May 2016 to July 2017
Designation: Sr. Executive Finance & Accounts


1. Financial Reporting Role
 Preparation of monthly financial statements location wise and consolidated.
 Verifying all accounts are reconciled and updated & performing month-end accounting activities such as
vendor reconciliations and journal entries.
 Verifying prepaid expenses, depreciation, fixed asset schedule, stock, and GIT.
 Coordinate with the finance team to complete assigned accounting tasks within deadlines & supervision of day-today
operation of the accounting.
 Coordinating with external auditors to carry out an annual external audit.
 Liaise with Internal auditors for their respective queries related to Financial Statements.
 Maintaining accurate and up to date records of all financial transactions.


2. Financial Management Role
 Manage bank dealings like Letters of Credit (LCs), Trust Receipts (TRs), short term Financing & long-term
loans.
 Preparation of cash flow to review the cash position and forecast funds required to honor the financial
commitments.
 Perform financial analysis and reporting financial discrepancies to management and recommend effective
resolutions.
 Other financial management duties assigned by management.


3. Operations Role
 Handling of Purchase Order – Getting approval from Management, Controlling and Monitoring all Trading &
Non-Trading PO.
 Sale Reconciliation between Financial Module and subsystems.
 Accounting for sales and Capex.
 Trading Invoice booking (Import, Local & Intercompany Stock transfer)
 MS Dynamics AX 2012 set up activities.


Organization: M/s. SNH and Associates (Formerly Known as Joshi Nair and Associates) Mumbai, India.
Period: December 2012 to January 2016
Designation: Assistant Auditor


 Finalization of financial statements as per Revised Schedule VI.
 Accounting of various entities, closure of books of accounts, calculating relevant ratios.
 Prepared and presented financial statements, consolidation, MIS reports, Budgets, Cash flow, Fund flow &
break-even analysis.
 Conducted, coordinated, handled, and monitored Internal Audit, Statutory Audit and Stock audit of
Private Companies, Public Companies, and individuals.
 Supervising and reviewing the companies for statutory compliances with respect to Taxation,
Financial Reporting and company law matters.
 A prepared detailed report on audit findings made recommendations to improve Individual and Corporate
accounting including management functions.
 Preparation and review of various reconciliation statements e.g. Bank, Cash & Stock.
 Conducted various Statutory Audits, Internal Audits, Tax Audit, and reconciliation of financial statements and
Preparation of Audit Report with taking into consideration Legal Provisions, Accounting and Auditing
Standards, Guidance Notes, CARO, etc.
 Analysis of debtors & creditors: - Ageing, Recovery Period, Balance Confirmation Procedures and legal cases.
 Preparation of various project reports securing loans for clients.
 Service Tax registration, Service tax return filing and Service tax compliance of various Private
Companies and Individuals.
 Investigation of fraud involving Cash Embezzlement.
 Investment Proofing work in Pubic Company.
 VAT Registration, VAT return filing, preparation and Finalization of the VAT Audit report as per
applicable VAT Laws (Maharashtra Laws)
Organization: Kapradewala Associates. Mumbai, India
Period: March 2012 to December 2012
Designation: Assistant Auditor
 Conducted, coordinated, handled, and monitored the Internal Audit of a public company.
 A prepared detailed report on audit findings made recommendations to improve Individual and
Corporate accounting including management functions.
 Analysis of stock & stores: Identification procedures for Slow Moving, Non-Moving and Obsolete items and
analysis of Purchase Procedure.
 Preparation and review of various reconciliation statements e.g. Bank, Cash & Stock.


MAJOR ASSIGNMENT
 TATA Investment Corporation Ltd.- Internal Audit
 Reliance Communication Ltd.- Investment Proofing
 Cambridge Apparels Pvt. Ltd. - Tax Audit
 Indian Tobacco Company Limited (ITC) - Stock Audit
 Hindustan Unilever Limited (HUL) - Stock Audit
 Hats off production Ltd.- Investigation work
 Bright Outdoor Media Pvt. Ltd. - Service Tax working and filing of return
 Kesari Tours(I) Pvt. Ltd.- Service Tax working and filing of return
 Air Cargo Agents Associates of India - Service Tax working and filing of return
 Cambridge Apparels Pvt. Ltd. – VAT Compliance and VAT Audit
 Farouk Sodagar Darvesh& Co. Pvt. Ltd.- VAT Compliance and VAT Audit


EXTRACURRICULAR ACTIVITIES
 Successfully managed and hosted the annual function of the Hostel.
 Selected as a team member in the college Cricket team.
 Posted as Assistant Chief perfect, hence actively managed various events of Hostel.


IT FORTE
 Proficient in MS-Office (Word, Excel & PowerPoint)
 Wide experience of Epicor & MS Dynamics AX 2012 with 100% in-depth knowledge.
 Worked with ERP accounting packages like Epicor, MS Dynamics AX 2012, Tally ERP and Conversant with SAP
basics.
 Completed Information Technology Training with the Institute of Chartered Accountant of India.

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