Sandip Vadher

Experience

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  Neilsens Chartered Accountants

  May 2005 - May 2007

  Senior Accountant/ Payroll Manager

  Neilsens is a thriving firm providing accounts, audit and taxation services to a varied client base which includes solicitors, builders, estate agents, supermarkets, retailers, restaurants, manufacturing and import and export companies. I was responsible for ensuring that clients had a full understanding of their financial performance and tax affairs.• Prepared financial and management accounts for sole traders, partnerships and limited companies • Produced cash flow & projected income statements and business plans • Prepared self assessment tax and VAT returns and business tax computations • Carried out book keeping, analysis of income and expenses, payroll processing and annual returns • Carried out staff training and delegation of work Show less

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  KC partners

  May 2007 - Nov 2010

  Accounts Manager

  KC Partners is a City based firm, with an extensive variety of medium and small sized clients in various sectors including property development and investment, art galleries & artists, market research, manufacturing and retail. These clients had a turnover and assets ranging from £1 million to £10 million. I handled larger sized clients across an extensive range of sectors and specialist markets, and worked with City based managers and partners.• Provided clients with management accounts plus an analytical review and investigation of significant variances• Oversaw the training and supervision of junior staff members• Prepared and finalised statutory financial statements for clients and reported directly to relevant partners• Carried out a variety of statutory tax compliance work • Performed statutory audits in-house for small and medium sized companies from planning to completion stage• Participated within a team which audited large and medium sized companies Show less

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  Shams Moopen Dental Group

  Nov 2010 - Apr 2016

  Finance Manager

  Shams Moopen Dental Group comprises 12 NHS, private and mixed dental practices across the UK, which have a combined turnover more than £11 million and assets of over £19 million. My financial guidance has enabled the business to expand from 4 practices to 12 practices over a 4-year period with a total of 150 staff.• Implemented monthly reporting processes and prepared P&L and cash flow reports for the Board by practice and group to enable informed decision-making• Prepared, and provided variance analysis of, monthly P&L forecasts • Prepared model for each lender to monitor financial covenant compliance • Acted as a key decision maker in the acquisition of new and profitable dental practices for the business• Prepared documentation for banks to support funding applications for acquisitions• Stabilised poor liquidity position of two dental practices to ensure trade could continue and partners can support funding • Prepared daily cash forecasts and devised management actions to steer group through cash stress points • Helped to secure NHS contracts by writing the finance section of the proposals• Prepared case to board for improving staff pay levels and introducing a bonus scheme leading to better performance, retention and recruitment. The bonus scheme improved attendance, and reduced expensive agency staff cost by 50%• Implemented a commission scheme, which doubled income from dental hygiene product sales in 2 years• Increased private income by £60K by setting up a dental hygienists’ referral scheme, which encouraged dentists and dental nurses to refer appropriate work to hygienists• Reduced material costs by 10% by consolidating material sourcing centrally, and reducing wastage • Managed payroll process for administrative and NHS staff• Managed finance team of 5 • Dealing with external entities including banks, HMRC, Primary Care Trusts and the NHS• Prepared year end accounts to trial balance for external auditors Show less

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  Damira Dental Studios

  Apr 2016 - Sept 2018

  Head of Finance

  Damira Dental Group is a rapidly growing dental group comprising 22 NHS and private dental practices across the UK, having a combined turnover in excess of £20 million and 400 clinical and administrative staff. The group also includes two property companies.Prior to my arrival, the company outsourced its finance function. I implemented an in-house finance function, building and leading a team of 6.• Created and implemented monthly financial reporting including budget and P&Ls• Created yearly forecasting model to provide visibility • Designed and prepared monthly management accounts and provided commentary on variances and opportunities• Prepared annual accounts to TB for auditors, providing supporting schedules and explanations• Created detailed, phased budgets by practice to include planned acquisitions• Prepared monthly balance sheet reconciliations, including NHS income and supplier statements, to ensure consistently accurate recording of income, assets and liabilities• Dealt with Companies House statutory filings for the group• Prepared quarterly VAT return for the property companies• Brought payroll processes in-house for both clinical and salaried administrative staff, and created robust controls to support this activity• Created, implemented and managed the dentists’ pay process for a combination of NHS and private activity • Recruited, trained and managed a team of finance staff with a variety of skill-levels • Managed banking relationships, ensuring continued covenant compliance• Prepared the financial element of NHS tender documents to win new dentistry contracts• Maintained and controlled monthly intercompany balance matrix to ensure net zero balance• Investment appraisal of potential acquisitions • Audited monthly bank deposits and patient finance income to ensure controls being adhered to at a practice level • Checked NHS property schedules for rents, rates and service charges, requiring changes where inaccuracies detected Show less

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  Ellern Mede Eating Disorder Services

  Apr 2019 - May 2020

  Head of Finance

  The Ellern Mede Hospital is widely regarded as the most specialised in treating eating disorders in children and teens in the UK. The company has 3 sites and a combined turnover of £7.5m.• Brought the company’s accounting function in-house and successfully established a Finance division, as the company sought to demerge from its group company, making it easier to analyse the performance of each company, generate reports and facilitate decision-making with live data • Made corporate finances and accounting more transparent by implementing monthly financial reporting (providing data on the budget, P&L accounts, monthly cash flow reports and a yearly forecasting model) and management reporting • Regularly liaised with senior management on variances and opportunities (i.e., those areas of the business ripe for cost-cutting, scrutiny of any overspending and improvements in operations)• Reconciled monthly balance sheet, including creditor and debtor statements, and ran the month-end• Handled Companies House statutory filings for the Group• Created efficient in-house payroll processes for both clinical and administrative staff and created robust controls to support this activity• Processed and paid supplier invoices promptly• Issued sales invoices for NHS patients and private patients • Reconciled monthly intercompany balance matrix, to ensure net zero balance• Managed and maintained banking relationships • Trained a junior member of staff, providing regular 1-to-1 sessions, and supporting this employee to establish measurable and achievable, yet ambitious, objectives Show less

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  Codis

  Apr 2019 - Jun 2019

  Accounting Software Consultant

  Codis is an accounting software development company that has developed an Excel add-in for seamless integration with Sage 200, Sage 500, and Sage 1000.• Provided both remote and client-side installation support to clients who purchased accountancy software, to ensure the smooth running of the software• Dealt with incoming calls from customers to resolve any technical issues which arose • Advised clients on how to maintain and update account records on the system• Co-ordinating training for customers’ accountants and employees, on how to use and get the best out of the system• Newly-developed accounting software testing Show less

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  Pioneer Educational Trust

  Jun 2022 - now

  Financial Account

  ​A dynamic Multi-Academy Trust with a strong commitment to educational excellence. Currently overseeing 4 schools, we are expanding our reach to provide high-quality education to an increasing number of students.-Played a pivotal role in the financial management of a growing Multi Academy Trust (MAT) with four schools and a central office.-Successfully managed a substantial grant portfolio of over £14m and oversaw assets exceeding £67m.-Produced timely and accurate monthly management accounts, including balance sheet reconciliations and cashflow management.-Developed and managed comprehensive budgets and forecasts, ensuring financial sustainability.-Conducted in-depth financial analysis to inform strategic decision-making and identify trends.-Ensured compliance with financial regulations (e.g., ESFA, VAT) and maintained strong relationships with auditors.-Contributed to the development of the trust's financial strategy, aligning with overall organizational goals.-Implemented robust financial controls and risk mitigation strategies.-Collaborated with internal and external auditors to ensure compliance.-Contributed to the implementation and optimization of financial systems for efficiency and accuracy. Show less