mahavir gupta

Career Path: Joined as an Account Executive in Sep’2009 Promoted as a Senior Accountant in Apr’2012 Moved to role of Chief Accountant in Apr’2016 Promoted to role of an Assistant Finance Manager in Oct’2018 Started to take responsibilities as a Finance Manager in Apr’2021 • Preparing month-end reports for management including Profit & loss reviews and providing commentary on variance analysis against budget, prior month and prior year performance within deadline assigned. • Assisting Financial Controller in Consolidation, preparation of monthly management report providing interpretation with insightful and productive commentary to advise the business on financial performance. • Performing annual budgeting, Financial and cash flow forecasting, variance analysis, support Financial Controller with analysis of performance across various segment of business unit. Profitability reporting by business line/program. • Working closely with operations and project teams to analyze margins, variances, and conducting cost analysis. Weekly and monthly updates on working capital, cash flow statements, revenue and cost. • Ensure that transactions are recorded in accordance with IFRS and company internal policy for accurate and timely closing of books monthly for reporting in COGNOS and maintaining the schedule for all assigned BU’s. • Balance sheet and schedule reviews with the various stake holders to ensure we comply to internal compliance controls to minimize any potential exposures. • Implementing cost-saving initiatives to optimize operational efficiency and reduce expenses. Increase profitability by ensuring minimum bad debts exposure. Increasing working capital by negotiating with vendors on payment terms with maximum credit term which resulted in DPO is greater than DSO. • Ensuring all the entries are recorded as per FTA regulations and filing VAT returns within provided deadline and support for corporate tax calculation and yearly submissions with tax consultants. • Handling the full spectrum of financial and cost accounting roles, including Accounts Receivable (AR), Accounts Payable (AP), General Ledger (GL), forecasting, and budgeting for the Government Trade Services business. • Managing day-to-day finance and accounts operations to ensure smooth financial processes. • Working with group IT to resolve system related issues and identifying areas for improvement. • Ensuring compliance with government regulations and assisting in financials details provided for tender submissions. • Managing business lines for multiple countries, including Kuwait, Oman, UAE, Iraq, and the Kingdom of Saudi Arabia. Streamlining group reporting processes, resolving complex tax matters, and collaborating with tax advisors to minimize tax exposure. • Ensuring smooth closure of tax inspections to minimize financial risk. Leading various finance projects, such as the rollout of VAT in UAE and the establishment of vendor selection processes, including price negotiations. • Managing and resolving internal audit findings, resulting in continuous improvement of the internal audit score year after year. • Manage compliance for Indirect taxation, assisting in tax audits/assessments • Other activities include conducting peer reviews, recommendations change in policies and procedures that will improve financial performance, multi-project management, building and maintaining stakeholder relations, assisting stakeholders in implementing audit actions and providing value additions to the management. Achievements Entrusted with the responsibility of reporting COGNOS for Saudi Arabia and Government Trade Services (GTS), a branch of another division in Intertek Group. Successfully transferred the accounting of GTS from the UK headquarters to the UAE headquarters. VAT implementation and system integration during the role out period.

• Developed and executed collection strategies to enhance cash flow and reduce outstanding receivables. • Managed daily financial operations, including accounts payable, accounts receivable, and payroll. • Established financial controls and implemented best practices to ensure effective financial management. • Managing credit union cash position by reconciling daily operating cash accounts, transferring money between major bank accounts to maintain target balances and posting corresponding journal entries. • Processing invoices for payment by reviewing invoices for proper authorization, coding and inputting invoices into accounts payable system and printing expense checks for payment. • Prepared and presented financial reports to senior management to facilitate informed decision-making. • Interacted with internal and statutory auditors, ensuring compliance and facilitating audits. • Managed invoicing processes, tracked debtor aging for management, Account Receivable (AR), Account Payable (AP), and conducted inter-company reconciliations. • Finalized monthly trial balance, profit and loss account, balance sheet, and debtor aging reports for management review. • Ensured the finalization of accounts in strict compliance with statutory requirements.

• Facilitated the decentralization of accounting processes to enhance efficiency and accuracy. • Verifying and processing expense reports according to company travel and expense policy. Post payroll summary journal entries to general ledger by analyzing payroll journal report and posting journal entries to reflect payroll expenses and deduction liabilities. • Prepared various financial and performance reports, including fund flow statements, book debt statements, branch-wise and age-wise outstanding reports, cash flow statements, and other MIS reports on a fortnightly and monthly basis. • Finalized accounts in compliance with statutory audit requirements. • Managed interactions with internal and statutory auditors, ensuring compliance and facilitating audits. • Coordinated with branches regarding the use and functionality of the company-developed accounting software. Successfully prepared the balance sheet for a limited company with statutory auditor. Prepared detailed fund flow and performance reports on a regional and branch level. Promoted to Senior Account Executive within a period of 10 months due to exemplary performance.

• Managed both manual and computerized books of accounts, from data entry to the preparation of the balance sheet and computation of total income. • Reconciling prepaid and accrued expense accounts by setting up accrual and amortization sub-accounts for payments, reconciling sub-account totals to general ledger control accounts on a monthly basis and maintaining supporting detail files. • Prepared Management Information System (MIS) reports to support business decisions. • Calculated, filed, and submitted returns for statutory liabilities with the assistance of company auditors. • Finalized accounts in compliance with statutory requirements • Managed statutory audits to ensure compliance with regulatory standards. • Management of petty cash, ensuring accurate tracking and reconciliation. • Prepared and submitted financial reports to the proprietor and chartered accountants of the company. Successfully finalized the company’s accounts and prepared the balance sheet and profit & loss account. Efficiently filed TDS returns using E-TDS software.

• Managed the books of accounts from data entry to the preparation of the balance sheet and computation of total income for four to five sister concerns. • Resolving Vendors billing issues. Handled accounting transactions and reconciliation tasks. Prioritized invoices with purchase orders, utilities, freight bills, expense reports, check requests, etc. in order to process payments accurately and timely. • Handled statutory audits to ensure compliance with regulatory standards. • Assisted in maintaining sales tax and income tax assessment requirements for various sister concern firms. • Handled the accounts of a sister concern, Aptech Ltd Franchise, within a period of three months.