Sector 7-B/H-7,Nirnay Nagar,Nava Vadaj,Ahmedabad382181,Gujarat,India.

Mobile: +91-0-90990-02431 Landline:+91-079-2762-1900 vaishnavchirag@yahoo.com

Vaishnav Chirag
Career Summary Extremely talented, self-motivated, enthusiastic financial management and accounting professional having membership of ACCA (Leading international accountancy professional body) with over nine years of experience in the accounting arena level. Exceptional in preparing financial reports, and implementing cash management strategies to the highest possible standards of excellence, transparency and compliance with all external regulations. Adept with accounting and financial management standards, strategies, Internal policies and procedures. Proven track record in achieving sound development and monitoring of budgets. Good understanding of International Financial Reporting Standards. Copiously experienced in handling various Company, Bank audits and managing the portfolios of corporate and individuals. Career Objective With well developed skills in the gamut of Accounting operations I seek for a leading role within Finance/Banking/Accounting/Auditing industy., Core competencies span among:

Proven expertise in accounting, auditing, planning and budgeting. Well versed in maintenance of accurate financial records and ability to prepare clear and accurate reports for informational, auditing and operational use. Outstanding knowledge of governmental accounting practices and procedures, fund accounting and fiscal management. Resourceful in the completion of projects, effective at multi-tasking and ability to work under tremendous time pressure situation. Possess strong analytical and problem solving skills, with the ability to make well thought out decisions.

Professional Experience F &A Officer Adani Business Excellence Center: Aug 08 Till Date LEADING THE ACCOUNTS RECEIVABLE TEAM,MIGRATION PROJECTS,BALANCE SHEET:(April10 Till Date) Leading team member for six Sigma Project for development of effective & efficient Collection accounting system.

Leading the accounts receivable team in Group Shared Services for Adani Gas Ltd, Adani port & Special Economic Zone Ltd, Adani Dahej Port Ltd., Karnavati Aviations Ltd & Mundra Utilities Ltd & Adani Hazira Port., PMC Projects Pvt Ltd, AIIL Pvt Ltd. Controlling the financial activity of accounting for various companies through various control points. Developing SOP, internal control system & Maker Checker concept through various control points. Development of efficient system through system generated reports Consulting with the tax department for applicability of service tax & TDS. Reduction/control over non system invoices Comply with ISO: 9001 requirements and achieve certification within the team. Reconciliation of Bank Statements with SAP accounting. Reconciliation of SAP Vs. Business Process Module-IPMS/POS Review of the Excise invoice invoices generation process for TAX & quantity. Review of the Bank Reports & Receivable Reports with stake holders on daily basis. Review of the Ageing Report & scrutiny of accounts on monthly basis. Review of the reconciliation process of TDS Receivable accounted, 26AS credit received & certificates received.

Balance sheet related activities GL scrutiny & provision of income from 01st January 2012 onwards. Migration of AR process across the Infrastructure companies of Adani Group. Preparation of Process Flow Charts As is & To Be process after migration, infrastructure need & resources requirement assessment. Analyzing business activities & preparing Process Definition. Preparing transition planning in 3 phase.

Understanding the process & put additional internal controls in the system & process. LEADING THE ACCOUNTS PAYABLE TEAM:(August 08 To March 10) Leading the team of payable of group of companies. (E.g. MPSEZ LTD., ADANI ENERGY, Adani Power Ltd., Adani Township & Real Estate Ltd. & Adani Logistics Ltd) Bank reconciliation of AP banks. Reduction/control over non PO based invoices. Clearing of documents under error. Clearing of GRIR/Advances/Provisional TDS. Process improvement for Duplicate vendors/Bills. Migration of AP process across the infrastructure companies of Adani Group. Scrutiny of vendors accounts & reconciliations. Drive Improvement/Automation projects(E-Payment) in team and internal training programmes. Coordinating with IT department for development and improvement in the system. SOP development for Accounts Payable & E-Payment for group of companies. Tracking through Daily reports & Mig. Tracker. Reconcilation with Business Process Module-IPMS/TOS with SAP.

BANK RECONCILIATION:(January 09 To June 09)

Bank Reconciliation of E-Payment banks on weekly basis. Adani Power Bank Reconciliation.

Visiting Faculty( H.L College For Professional Education) Aug08-Dec09

Lecturing in Financial Reporting & Corporate Reporting (ACCA International course). Oct 03-May 08

Assistant Management Accountant Karali Limited (Burger King Franchise) London

Managing accounting services for the company, including quality management accounting services, clear communication and reports. Preparing schedule for Inter-company transaction Managing bank reconciliation, Supplier reconciliation, Credit card reconciliation and reconciliation of Taking control account and Reconciling Payroll Control Account. Assisting for budgets and forecasts for the management group. Accounting of various bank transaction Loan, Interest payment. Loan installment payment & interest payment Preparing the report of accruals and prepayments for the finalization of accounts. Aug00-July03

Audit Assistant Rupen Shah & Co. (Chartered Accountant)

Corporate Audit: Reviewing documentation of entire system of accounting, identification of internal check and internal control. Verification of reports generated during the year, reconciliation statements of bank records and head office with branch records. Analysis of receivables and payables and identifying doubtful debts and provision for the same. Physical verification of fixed assets, cash and Inventory.

 Bank

Preparing the profit and loss account and balance sheet with the relative sub-account like sales and purchase account, cash and petty cash account. Verification of identified slow moving and in-service inventory, and its valuation. Scrutiny of final accounts of clients. Checking the posting of invoices in the ledger for correctness of value and proper classification in correct head. Finalization of accounts. Audit: Ensuring that terms and conditions of sanctions are complied or not. Checking of legal documents including verifying stamp duty aspects. Ensuring accuracy of income recognition. Audit of sundry, suspense accounts and nominal accounts. July97-July00

Article Trainee (ICAI) A.S. Dang & CO. (Chartered Accountant) India Bank

Handling various Company and Bank audits. Managing the portfolios of corporate and individuals. Preparing Indian income tax return independently and reporting. Discussing the audit observations with the Audit Manager Preparation of various accounts of the clients with the guidance of the Audit Manager. Verification of sales and purchase register with copies of respective bills. Physical verification of cash. Verification of petty cash book with respective petty cash vouchers, related party transactions and authorization level of expenditure Audit: Ensuring that terms and conditions of sanctions are complied or not. Checking of legal documents including verifying stamp duty aspects. Ensuring accuracy of income recognition. Education

ACCA (Qualified Accountant, U.K) Association Of Chartered Certified Accountants (Tuition provider: Financial Kaplan, United Kingdom) (Member of the institute 2010) C.A. Intermediate(India) Institute Of Chartered Accountant Of India Technical Skills Software/Tools/Accounting Packages SAP, Power Term(U.K), 200(U.K), Tally, Microsoft Office Sage Line

May 2008

May 2003

Personal Details Date Of Birth Marital Status Languages Known Nationality Personal Interests 07th April, 1978. Married English,Hindi & Gujarati Indian Reading, Listening to music for relaxation

Reference

Will be furnished upon Request.