Pritesh Vijayprakash Goyanka
Chartered Accountant & CPA (US)
Dubai
Summary of Career
1. Chartered Accountant with 7 years of rich experience in Management/ Financial Reporting, Variance Analysis, Budgeting, IFRS, Cash Flow, Inter-company reconciliation, Consolidation of Accounts, Accounts Receivable and Accounts Payable
2. Excellence in developing and implementing financial and operational controls that improve P&L scenario and competitively position the firm
3. Hands-on experience in examining financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards
4. Keen analyst with knowledge of financial markets as well as negotiation and relationship management skills; capabilities in effectively coordinating with Banks, FI’s, Investors, Corporates and External Agencies for daily fund management activities
5. Resourceful in devising and effectuating risk policies & implementing effective mechanisms to mitigate the same
6. A proactive leader and planner with understanding business trends, aptitude for numbers and quantitative skills
7. Experience in managing the complete activities for ensuring completion of various types of audits (internal, tax as well as statutory) within the time and cost parameters in adherence to the Accounting Standards
8. Complete end to end management and execution of renting/ leasing of residential and commercial properties
9. Management and training of office colleagues and reporting team members
10. Coordinating activities and operations to for efficiency and compliance to company finance policies
Experience as Senior Executive Internal Auditor
RSB Transmission (I) Ltd.
03 December 2012
31 December 2013
Reporting to: Audit Director
Key Result Areas: (Automobile Spares Manufacturing)
-GL Account reconciliations
-Identify and analyze areas of risk in different business areas and designing of risk mitigation measures in association with process owners to achieve management objectives
-Conduct and assist in reviews of organizational and functional activities
-Evaluate adequacy and effectiveness of internal controls over activities reviewed
-Ensure that audit reports are submitted timely with minimal review points and revisions
-Participate in opening and closing audit meetings with auditors
-Verification, analysis and consolidation of annual budget prepared by process owners
-Periodic revenue and cost audit as per management directives and requirements
-Pursue departmental approved programs for continuing education
-Monthly reporting of audit findings, actions and rectifications measures of audit report
-Coordinating with external auditors and compliance of findings reported
-Conducting system migration audit (inventory module)
Experience as Audit Senior
PKF Accountants & Business Advisors
29 January 2014
04 October 2016
Reporting to: Audit Manager
Key Result Areas:
-Conducted statutory audit and other assignments
-Performed risk-based audit and understanding of risk and control strategies
-Evaluated and identified risks in internal controls implemented in different business areas and supported the designing of risk mitigation measures
-Prepared deliverables as per IFRS and ensured that all relevant findings and recommendations are reported
-Ensured compliance of IFRS, ISA and other regulatory requirements
-Consolidated accounts for various clients with subsidiaries ranging from 5 to 35 across the globe
-Supervised and trained junior members assisting in various assignments
-Industries Audited: Shipping, Logistics & Freight Forwarding, Hospital, Clinic, Pharmacy, Leasing properties, Investment companies, Trading (FMCG, IT, general), Finance consultancy, etc.
Experience as Senior Accountant
Khansaheb Industries LLC
02 July 2017
15 January 2020
Reporting to: Board of Directors
Key Result Areas (Manufacturing and Contracting):
-Preparing budgets, forecasts, cash flows and variance analysis; and review corrective measures
-Preparing financial model and KPIs for the business as per corporate vision and plan
-Maintaining general ledgers and operating expenses by verifying, allocating and reconciling transactions
-Ensuring books of account are IFRS compliant
-Finalising annual accounts, coordinating and ensuring timely completion of year-end audit by external auditors
-Analysing monthly revenue and expenses to ensure they are recorded appropriately
-Preparing and controlling the monthly/ quarterly/ yearly reporting to management
-Preparing and reviewing weekly/ monthly reports for projects/ contracts
-Preparing and reviewing related party reconciliations and Group consolidation (Real Estate, Investment, F & B, Fitness Center, Training Center)
-Reviewing and controlling receivables ageing report to determine the status of collections and outstanding balances
-Processing monthly WPS payroll for staff and labors including out of pocket expenses reimbursement; leave settlement and final settlement of employees as per company policy
-Ensuring that appropriate systems and internal controls are implemented and maintained
-Liaising with insurance companies for various insurance policies
-Coordinating with banks for facilities renewal, LCs, BGs, TRs, Bill discounting and day to day operations
-Leading a direct reporting team member; providing mentoring & coaching in order to enhance productivity & upgrading the skills
-Participation in process of discussion and implementation of Kaizen techniques
-Full cycle implementation of ERP package
-Preparing:
o Fixed asset schedule and allocating depreciation on monthly basis
o Supplier reconciliations and processing payments as per company procedures
o Reconciliation bank accounts
o VAT returns for submitting to FTA
Key Result Areas (Property Leasing):
-Maintaining and recording rental contract revenue on monthly basis
-Managing and reconciling customer PDC in hand
-Raising tax invoices for lease contracts, penalties, charges or other services
-Reconciling & payment of monthly utility bills; recovery from tenants for their share of utility bills
Bachelor 31 March 2009
Bachelor of Commerce from University of Pune, PuneOther 15 May 2012
Chartered Accountant from Institute of Chartered Accountants of IndiaOther 15 November 2013
Diploma in Information System Audit from Institute of Chartered Accountants of IndiaOther 15 June 2016
Certified Public Accountant (US) from Guam Board of Accountancy, Guam (USA)