Nikita Shah

• Managing the Accounts team along with ensuring that day to day activities, transactions, process are complied with Company policies.
• Submission of monthly P/L and Balance sheet to CFO/management.
• Managing 7 group of companies at consolidated level and provide monthly update for the same.
• Filing of VAT returns, approving VAT transactions on FTA site and maintaining tax records on monthly basis, comparing the same with logistics and actual transaction record.
• Planning and discussing with CFO on Working capital requirements and cash flow management.
• Dealing with various Insurance agents enquiring/negotiating for Insurance cover in different areas related to the company.
• Increasing the budget of each expense head depending on the requirement from the staff.
• Closely discussing with Project team on various agreements/contracts from financial prospects.
• Dealing with HR team on various employee related discussions and issues.
• Manage and handle external auditors and their requirements thereby ensuring that all supporting documents are well maintained and available to auditors.
• Co ordination with IT on regular basis for automation projects.
• Co ordination with Finance head of other groups for all Intercompany transactions and netting of the same at consolidated level.
• Team meetings to discuss any improvisation or issues faced at receivable and payable levels.

Managed entire accounts of the company with a reporting line directly to CFO and a team of 3 members reporting to me.
•Involved in fund management of the company along with operations and sales on weekly basis thereby supporting other business groups to know the business better.
•Direct communication with all agents from sending countries as well as receiving countries to discuss financial implications of any transactions.
•Direct conversations and meetings with Bank Relationship Managers to discuss OD/Term loan facilities.
•Involved in agreements finalization with all the agents from accounts and financial perspective.
•Monthly, weekly and daily analysis reporting to CFO and as per the management requirements.
•Handling concurrent and statutory auditors, co ordination with other team leaders for audit queries and their solutions.
•Analyzing and reporting to CFO agent wise and country wise profitability and revenue generated report for decision making process.
•Co ordination with IT department continuously to improvise the system and automate the same as a part of Time management.
•RBI reporting on regular intervals as per the requirements.
•Reviewing reconciliations with agents on regular basis and incentive scheme for sales employees.

• Handled entire finance/accounts of two companies with a reporting line to the Head of Finance, 4 people reporting to me;
• Involved in negotiations, dealings and finalization of trade facilities with all banks. (handling TR and LC payments);
• Involved in planning and procurement of fund allocation in diversified activities;
• Manage the debtors ledger and minimize bad debt risk with the support of an accounts receivable clerk;
• Process supplier payments and ensure any supplier claims are appropriately recorded and managed with the support of an accounts payable clerk;
• Manage treasury including all bank accounts and reconciliations, Payroll, month end balance sheet reconciliations and other financial accounting duties; &,
• Preparation of In-house profit and loss / Balance sheet, cash flow, fund flow and their projections for future years.
• Finalization of accounts and liaison with outside auditors on recurring basis.

Handled entire finance/accounts of two companies with a reporting line to the Head of Finance, 4 people reporting to me;
•Involved in negotiations, dealings and finalization of trade facilities with all banks. (handling TR and LC payments);
•Involved in planning and procurement of fund allocation in diversified activities;
•Manage the debtors ledger and minimize bad debt risk with the support of an accounts receivable clerk;
•Process supplier payments and ensure any supplier claims are appropriately recorded and managed with the support of an accounts payable clerk;
•Manage treasury including all bank accounts and reconciliations, Payroll, month end balance sheet reconciliations and other financial accounting duties; &,
•Preparation of In-house profit and loss / Balance sheet, cash flow, fund flow and their projections for future years.
•Finalization of accounts and liaison with outside auditors on recurring basis.

Financial Modeling/Audit Department
•A strategic planner with expertise in Preparation of Financial projection for the clients for bank loan sanction & merger agreements. Main clients include
•Bharti Shipyard Ltd. (Listed on BSE/NSE)
•Great Offshore Ltd. (Listed on BSE/NSE)
•Proficient in Financial ratio analysis, sensitivity analysis, cash flow, fund flow, budgeting and structuring.

Review and analysis of corporate Letter of Credit as per UCP 600 and Inco terms 2000.
•Discounting of Bills covers the loan aspects like export packing credit, post shipment credit INR and FOREX Currency Rediscounting etc which are granted to Local Exporters.
•Bills lodgement and Discounting - Responsible to verify FEMA requirements, RBI requirements and internal circulars have been complied with, in Import Export Transactions of the Corporates.
•Bills Lodgement covers various forex transactions amongst the corporates to be lodged under Letter of Credit or on Collection basis. Other products covered under this area like GR Waiver to be issued to Exporters, Shipping Guarantee / Delivery Order to be issued, FCRM, SWIFT etc. needs to be scrutinized.
•Discounting of Bills covers the loan aspects like export packing credit, post shipment credit, rupee advance, INR, Singapore, Hongkong Rediscounting etc which are granted to Exporters.

•DPH & Company

Involved in leading and participating in various corporate and branch audits, planning, optimum allocation of audit resources, recording and reporting various major exceptions noted in the course of audit.
•Main clients include
•Statutory Audit of State Bank of India Corporate Branch.
•Concurrent Audit of Union bank of India and Sangli Bank.
•Statutory & Internal Audit of Medium and Large sized Private companies and Partnership Firms.