Thomas David

Experience

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  K. C. Khanna & Co. (CA)

  Jan 1990 - Dec 1993

  Articled Clerk

  Joined this leading Chartered Accountants in practice in New Delhi, India initially as an Accounts Assistant. After a year I was promoted to Articled Clerk and started studying for the Accountancy Exams. I gained financial reporting experience by preparing Income Tax and Wealth Tax returns for individuals, partnerships and companies as per Indian Income Tax Act. Also worked as part of the Audit team.

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  United Commercial Agencies - Bahrain

  Jan 2000 - Oct 2000

  Account Executive

  I moved from India to Bahrain to take this job to advance my career. Responsible for various financial control and operational aspects within the accounts department including recording and costing purchase transactions for this Trader of Honda, Videocon, Hitachi and other products. Tasks included preparing daily collections and disbursements report.

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  Hitech W.L.L.

  Oct 2000 - Jan 2003

  Chief Accounting Officer

  Responsible for finance function and accounts of this £4m+ t/o IT Consultancy and Computer Hardware reseller in Bahrain. • Advised and supported the board on matters having financial implications for the company, and on trading and expansion matters. • Prepared forecasts and cash-flow projections and supported sales with proposal pricing and costing • Financial control - monitored daily banking activity, identified issues and advised board for resolution, prepared financial reports incl. Trial Balance, P&L & Cash-flow • Responsible for compliance with accounting standardsLeft to move to the UK for career progression. Show less

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  Wormald and Partners

  Nov 2003 - Jul 2018

  Accounts Senior

  I moved from Bahrain to the UK to advance my career and secured this position with a leading Bristol-based accountancy firm. During my time at Wormald my responsibilities increased alongside my experience, initially mainly in the financial control area, then progressing to financial planning and then to some business advisory relationships.Advisory experience:- Advise clients on buying and selling businesses- Advise clients in their tax planning mattersFinancial Planning experience:- preparation of financial ratios, cash-flow projections, analysis and discussion with clients- supported several clients to arrange short-term and long-term finance by preparing and presenting robust forecastsFinancial control experience:- preparation of statutory accounts for private limited companies, partnerships, sole traders and charities- responsible for the review of monthly and quarterly management accounts for various clients- conduct audits of companies, charities and other business entities under the Companies Act, Charity Commission Act and other regulations- Represent various clients and liaise with Inland Revenue, Companies House and Charities CommissionI also had various internal responsibilities including training and supervision of junior staff, prioritising, delegating and co-ordinating complex workloads, maintaining effective communications with clients, reporting to the Partner in Charge regarding progress and issues with clients, along with my personal development and CPD training. Show less

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  Thomas David Accountancy and Taxation

  Aug 2018 - now

  Founder and Principle Accountant

  I set up my own accountancy practice in order to gain more control over the clients I can support and services I am able to offer. During the first 18 months of trading I’m delighted with progress made, with the fantastic clients I’m working with, with the broad range of issues I’m able to help them with, and to be growing the team around me.The services I offer, and the progress I’ve made are primarily in the following areas:• Business Advisory – it’s a privilege to work with business owners and directors, to advise and support them in their start-up, growth and operational activity. For example, to support a Nursing Home in Cardiff, initially as a start-up/buy-in, and subsequently through expansion into additional nursing homes.• Financial Planning and Control – preparation of cashflow forecasts, in particular for charities, landlords and property developers and retail businesses.• Tax and Statutory reporting – I support businesses and individuals with preparation of statutory accounts, tax returns etc. across a range of industries, including building contractors and sub-contractors, as well as those mentioned above.• Expat support – with my Indian background I’ve developed a niche support for people living and working ‘abroad’, especially those reporting income and assets in UK and India. I’m keen to work with and support similar companies and owner-managers in Bristol, the South West, across the UK and internationally. Show less

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  Xcel Pathways

  Nov 2020 - now

  Director