Marcel Carvalho

Value-based experience of 25+ years of managing company accounts manifested by horizontal and vertical movements in the career ladder; key designations served include:

• July 2014 - Present: Management Accounts Manager
• February 2012 - June 2014: Assistant Management Accounts Manager
• October 2008 - January 2012: Chief Accountant
• July 2002 - September 2008: Senior Accountant
• December 1994 - June 2002: Accountant

Role as Management Accounts Manager:
• Presenting financial management, reporting, and analytics support to business. Developing and maintaining all accounting books and financial reporting procedures as per IFRS and GAAP.
• Commanding the preparation, and finalization of P&L statements, balance-sheet, reports/ summaries - restaurant-wise including financial forecasting and budgeting.
• Optimizing cash-flows, identifying financing needs (short/ long-term), and facilitating arrangements with banks/ financial institutions to meet fiscal needs of the business.
• Cultivating an efficient, accurate, and professional Payroll service - managing several essential functions to ensure that all employee dues are paid accurately and on time.
• Monitoring movements in bank accounts and preparing bank reconciliation statements to maintain uniformity and integrity between books of accounts and bank accounts.
• Moderating Accounts Payables - facilitating timely payments to creditors while ensuring such payments are supplemented by requisite documents/ approvals.
• Facilitating audits and ensuring all audit recommendations prescribed are aptly implemented while updating auditors on attainment of desired improvisations.
• Computing complex financial projections, conducting actual vs. budget analysis, feasibility analysis as well as business case preparation to aid business in sound financial planning and tactical decision making.
• Developing a team of qualified professionals - maintaining productivity and meeting all deadlines by assigning effectively as well as providing guidance, training and support on all aspects of financial planning and decision making.

Significant Highlights:
• Demonstrated highest standards of technical excellence, finance and accounting expertise with business objectivity and successfully:
• achieved profit optimization
• improved monthly closing cycle by 3 days
• streamlined daily reconciliation for MDS (Mc Donalds Delivery System) via 3 different platforms for cashless transactions
• advanced automation of financial processes at the restaurant jointly with IT teams
• performed successive planning in the best interest of the business.

Role as Assistant Management Accounts Manager:
• Responsible for all financial efforts and results - produced financial statements maintained accounting records including internal control and budgeting operations.
• Managed finalization of year-end financial statements; scrutinized figures, general ledger posting and other relevant documents for accuracy and conformance to applicable accounting standards and principles.
• Generated reports highlighting financial position in line with the set targets/ budgets; outlined variations to seniors with corresponding action plans.
• Offered integral support to business in ensuring the financial domain is streamlined, efficient and complies with regulatory requirements and generally expected internal controls.

Significant Highlights:
• Played a key role in successful implementation of new HR and payroll package.
• Engineered a comprehensive template via Excel for
• improving daily reconciliation of Store and MDS Online cashless transactions.
• better product mix analysis and Sales decomp.

Role as Chief Accountant:
• Summarized financial information from business into financial statements/ reports; prepared detailed schedules/ narratives as per all accounting standards and principles.