Nishit Patel

Experience

• 

  Prakash Bhavsar & Associates

  Apr 2016 - Jan 2017

  Account Executive

  • Conducted thorough tax audits to ensure compliance and accuracy.

• 

  Parag Patel & Company

  Feb 2017 - Feb 2018

  Account Executive

  • Compiled and submitted TDS returns, both original and revised, utilizing online platforms.• Acquired Form 16A and Form 16 (salary forms) through online and manual procedures.• Proficiently prepared and filed income tax returns online.• Successfully managed the preparation and submission of GST returns.

• 

  Paperchase Accountancy

  Feb 2018 - Aug 2018

  Accounts Handler

  • Managed comprehensive bookkeeping processes for clients within the restaurant industry.• Recorded and maintained accurate payroll information.• Maintained a weekly inventory record to ensure precise stock tracking.

• 

  BDO RISE Private Limited

  Nov 2018 - May 2022

  • Assisted in bookkeeping tasks, addressing VAT returns, client queries, and contributing to efficient financial management.• Collaborated with clients to streamline bookkeeping processes, ensuring accurate, timely completion, and maintained organized financial records.• Managed client inquiries and accounts administration, promptly resolving issues and maintaining transparent communication.• Provided daily updates for weekly payment runs and enhanced financial planning accuracy.• Conducted weekly reconciliation of current accounts and finance facilities, mitigating discrepancies for financial precision.• Managed monthly credit card statement posting and reconciliation, ensuring meticulous expense recording and financial tracking.• Gathered and filed the necessary 1099 forms for compliance.• Generated insightful monthly performance and month-end financial reports, including adjustments like balance sheet financial controls, profit and loss calculation, accruals, prepayments, depreciation, inter-company transactions and accrued income to facilitate data-driven decision-making. Show less

  • BSO Experienced Associate

    Dec 2021 - May 2022

  • Experienced Associate

    Apr 2021 - Nov 2021

  • Account Executive

    Nov 2018 - Mar 2021
• 

  PM ACCOUNTANT Ltd

  Aug 2022 - Nov 2022

  Accounting Trainee

  • Analyzed client project requirements to assess financial feasibility and profitability, ensuring alignment with business goals.• Collaborated with cross-functional teams to gather relevant financial data and project-specific information.• Assisted in budget preparation by providing accurate cost projections and revenue estimates based on breakeven analysis results.• Ensured compliance with financial regulations and accounting standards while preparing break-even analyses and project budgets.• Maintained clear and organized documentation of all financial analysis processes and outcomes.• Utilized Sage 50 and Xero to streamline financial data management and reporting. • Conducted precise bank reconciliations, identifying discrepancies and ensuring accurate account balances.• Participated in break-even and gross profit analyses across multiple scenarios, aiding in strategic planning and profitability assessment.• Contributed to both simple and complex event budgeting as well as employment budgeting, enhancing financial forecasting accuracy.• Collaborated with the team in forecasting cash flow, facilitating proactive financial management and resource allocation. Show less

• 

  GreenLight

  Jan 2024 - now

  • Finance Assistant

    Jan 2024 - now

  • Finance Assistant

    Jan 2024 - now