Kitesh Panchal

Experience

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  Space Distribution LLC

  Aug 2008 - Aug 2009

  Senior Accountant

  Handling all the reports in Sales, Purchase, Issue, Receipt, Journal, Cash & Bank, Stock, and working related Export Documents & Balance Sheet and prepared MIS report and budget report. verify Daily/Monthly Multi currency bank reconciliation for various bank accounts. Check Purchase / Sales / Stock report & reconcile with store department. verify the Bank Payments – Receipts and dues. Direct reporting to MD/HOD for reports & queries in accounts, profit and loss ,balance sheet & audit query. Show less

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  DOSHION VEOLIA WATER SOLUTIONS PVT LTD

  Sept 2009 - Jan 2011

  Manager- Commercial

  Review on Daily/Monthly reports in Booking, Sales, Purchase, Collection, Payment, Inventory and prepared MIS report and budget report.Checked and verify PO vs Actual purchase to purchase control. Verify and checked the monthly Payments – Receipts and dues. Verify all the documentation to establish LC/BG/EMD & forward to concerned division and ensure to release/Collect due payment of LC/ collection of Expired BG (Monthly). Review with Divisional Mkt team leader on booking, billing & Collection, Due SD-EMD-BG-PBG, prepare MIS Report and prepared provisional budget report for next month planning & Reporting to Divisional director/HOD/MD on MIS.Handling due payment of Suppliers/Contractor/VendorsVerify all the ledgers of debtors/creditors and review on OLD o/s to get collection or disputed related LD/Discount/others matter and discussed to sort out with concerned Mkt head/ MIS/ Budget/ Accounts dept/ Management. Show less

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  Kansara & Co. (chartered accountant)

  Feb 2011 - Jul 2015

  Manager of Operation of Accounts & Finalization

  Preparing and manage P & L, Balance sheet, GP/NP ratio, planning of I. tax Cash flow ratio, Sales/purchase/inventory ratio audit & statutory compliances, sales tax (VAT), service tax, TDS i.e.Review and finalised on Daily/Monthly/Yearly reports in booking, sales, purchase, collection, payment, Inventory and preparing, MIS report and budget report and finalization of accounts and balance sheet of corporate clients.Provides financial and planning advice/analysis on all financial matters including projects and subsidiaries to clients continually reviews work practices and procedures for better operational efficiency; and potential issues in accounts, financial processes, controls and proactively raise management attention to act and resolve.Act on single point accountable for liaising with the Auditors and Audit Committee to ensure compliance with relevant statutory requirements and standardsProvides support and input to project financial planning processes including monitoring progress ensures consistent application of financial policies, procedures, and standards in projects.Advises on operational structure of projects/programs in accordance with company financial standards and requirements, taking into consideration multiple options in funding projects. Show less

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  Dhanak Goldsmith L.L.C.

  Aug 2015 - Jan 2017

  Finance Accounting Manager

  Work closely with all accounts and sales teams,Work closely with department Manager’s & Head of department.A leadership to manage all accounts functions to run with proper communication as per (IFRS) accounting standard. Finalize and verify the day's closing balance of cash and bank, sales-purchase, inventory of all branches. Quality to check on reports concerning cash flows, internal and external audit reports of all branches, accounts analysis, accruals, reconciliation ledger and gold qty between all branch and thorough review on supplier and contracts payment terms.Supervise on payment receipt, and prepare and print management reports.Investigate and reconcile discrepancies in ledgers when they occur.Verifying all the accounting transaction sales / purchase, Bank, cash, advance receipts, suppliers payment, import/export of jewellery. Prepare MIS/Cash flow/Stock report and prepare monthly/yearly Profit and loss and balance sheet.Review on monthly manufacturing process of factory and stock analysis. Mange and communication on payment of suppliers/vendor local and overseas payments (LC, TT) Show less

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  Kansara & Co.

  Mar 2017 - now

  Head of operations Accounts

  Handling procedure of finalization of balance sheets with corporate clients.