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Jeet Sachdev

Candidate ID: 1141610

Career Summary

Qualified Chartered Accountant with over 10 years of extensive experience in successfully delivering accounting, auditing and advisory engagements to accomplish desired business objective of various business entities.

Skill Set

Accounts, Audit, Finance and Tax

Professional Information

Total Experience : 10

Nationality : India

Qualification Level : Post Graduate

Job Function : Accounts / Tax / CS / Audit / Finance

Work Location Preference : Oman, Qatar, UAE

Detailed Profile

CA JEET SACHDEV
E-Mail: cajeetsachdev@gmail.com
Mobile:+973 35142811 (Bahrain)
LinkedIn: www.linkedin.com/in/jeet-sachdev-65276b50
Skype id: jeetsachdev29

ACCOUNTING | AUDITING |ADVISORY


CORE COMPETENCIES

Financial Analysis
MIS reporting
Team management
Ratio analysis
Cash flow management
External Audit
IFRS 9, IFRS 16 and other Financial Instruments
ERP Implementation
Feasibility studies
Corporate valuation
Budgeting & Forecasting
Tax Audits
VAT consultancy
Financial Statement Management
GAP Analysis
Assurance services


ACADEMIC DETAILS
Chartered Accountant (CA) from ICAI India in 2012
B.Com. from Gujarat University, India in 2010

PROFILE SUMMARY
• Achievement driven and high-performance professional with over 10 years of extensive experience in successfully delivering accounting, auditing and advisory engagements to accomplish desired business objective
• Assisted clients as a secondee to manage entire finance operations including cash flow management, monthly and yearly reporting, improve policy and procedures, team management, interact with all other departments
• Facilitated clients with accounting, advisory and assurance services to monitor areas of revenue, gross profit fluctuation, operating expenses, cash flow management and VAT compliance services
• Assisted clients with strategic implementation of IFRS 9 and 16 across manufacturing, retail, trading and construction sectors
• Drafted and Implemented Standard Operating procedures and accounting policy manual for various clients in the field of construction and retail sectors for better internal controls
• Assisted clients with a broad range of advisory services covering financial feasibility services/ business plans with financial projections, corporate valuation and GAP Analysis to achieve corporate goals
• Worked as a functional consultant to successfully implement ERP software’s like Oracle, SAP and Epicor
• Awarded with the “Certificate of Recognition” from KPMG Bahrain for excellence in performance

WORK EXPERIENCE

Since Feb’ 16 KPMG, Bahrain

Growth Path
Feb’ 16-Sept’ 17 as Associate, Enterprise
Since Oct’17 as Assistant Manager, Enterprise

Key Result Areas:
• Assisted clients as a secondee to manage entire finance operations and other activities as below:
o Preparation of Cash flow analysis on a weekly basis
o Discuss monthly Management accounts prepared as per IFRS and ratios with the management
o Identify opportunities for the improvement and cost savings & support cost saving initiatives (reviews to provide transparency and accountability)
o Verification of all bank payments prepared by accountant - foreign vendors/local/ F&F/ payroll and others
o Verification of all sales invoices including other supporting documents prepared by accountant including monitoring on ageing receivable and timely collection
o Liaison with Banks for the facility arrangements and negotiation
o Monthly verification of all bank reconciliations
o Liaisons with external auditors and provide necessary support to close annual audit
o Develop & Support financial models and other analytical tools to help address business needs including budgeting, forecasting, performance tracking and results analysis
o Co-ordinate with different departments for project status review and procurement analysis
o Identify GAP in policies and procedure and improve the same
• Helping clients to make an assessment for the impact of IFRS 9 on the financial assets held
• Preparing an impact assessment working for IFRS 16 on the lease contracts
• Leading a portfolio of various accounting clients including review of the quality of deliverables executed by team members and guiding them to improve their technical skills
• Guiding team members on process related solutions and regularly updating them on relevant IFRS reporting framework
• Holding discussions with business owners and educating them on key process indicators to improve the financial strength and lead the business into success
• Designing and implementation of SOPs and accounting policies since incorporation of the client business for early identification and prevention of cash flow management issues, improvements in processes to improve their value generation
• Establishing strong relationships with key business decision makers by informing them of latest market insights to stay ahead of competition
• Performing GAP Analysis on client financials and processes to analyze fluctuations in their financial performance with recommendations
• Evaluating internal controls through understanding of the design and structure of controls
• Executing various accounting advisory assignments to help clients to accomplish various business objectives i.e. analysis of fluctuation in gross profit, verification of 100% inventory and preparation of reconciliation report, review of financials as per local laws and IFRS, verification of intercompany transactions including foreign exchange impact
• Prepared feasibility study report by conducting market research and understanding client requirements to penetrate the market and expand business operations
• Assisted clients for VAT registration including analyzing impact of VAT on cash flows, correct availment of VAT credits and implementation support by review of the current accounting system to be abide by VAT law
• Executed valuation engagement to identify the correct value of business complying IFRS standard
• Managing all audit and non-audit engagements within deadlines
• Assisted with consolidation of financial statements including operations of subsidiaries for various groups of companies as per IFRS
• Worked on the audit procedures and work programs that addressed engagement/project risks and ensured that procedures were appropriately executed
• Documented audit results in an effective and organized manner consistent with established department standards; prepared audit reports and memorandums to concisely communicate audit results
• Knowledge of standards on auditing and other relevant reporting requirements in efficiently driving audits
• Played a key role as a functional consultant between a leading bank in Bahrain and software vendor to effectively migrate to an Oracle ERP software resulting in seamless connectivity between all functions of the bank and instantaneous generation of relevant reports
• Supported clients for the implementation of ERP software like Oracle, SAP, Epicor, Sage 50, ERP Next including verification of chart of accounts and other report formats

Jun’13-Nov’15 Manubhai & Shah (Professional Audit Firm – India) as Senior Accountant
Key Result Areas:
• Performed review processes on the accounts prepared by team members and prepared final financial statements
• Finalize accounts and prepare final financial statements with tax returns for various Australian clients
• Assessed accounts and steered detailed ledger scrutiny, reviewed trial balance and raised issues with Australian clients
• Consolidation and Preparation of Accounts, Balance sheet, P&L and Reconciliation Statements leading to finalization of Accounts by applying IFRS for various industries of Australia
• Prepared all reports related to cash flows and financial projections
• Reviewed and reconciled GST with preparation of GST returns as per GST law of Australia

Mar’10-Mar’13 A. D. Karia& Co. (Professional Audit Firm – India) as Article Assistant
Highlights:
• Conducted various tax audits, reconciliation of financial statements
• Formulated audit report with taking into consideration legal provisions, accounting and auditing standards
• Assessed all standard operating procedures of the excise audit, service tax audit, annual return filing as per income tax,
• Streamlined accounting from entry to finalization of accounts
• Assessed all entities, tested samples for key controls, prepared reports for findings, variance analyses and recommendation to the management

IT SKILLS
• MS Office, Tally ERP, Quick book, Peachtree, MYOB, Xero, Oracle, Microsoft Navision, Epicor & SAP B1