Bhagyashree Dandwani

• Responsible for all facets of the finance function including banking, payroll, tax reporting, supplier terms negotiation and budget forecast.
• Managed financial audits and tax compliance, resulting in a 100% compliance rate and no penalties or fines
• Developed and maintained internal controls, resulting in a successful financial audit with no major findings
• Analyzed financial Data and identified cost saving opportunities, resulting in a 8% reduction in operating costs over a one year period
• Weekly and monthly reporting, preparation and reporting of monthly management accounts
• Cash Flow management and forecasting for the business during cash crunch periods.
• Human Resource Management and processing of Payroll and other staff incentives
• Setting up financial and business processes
• Providing financial guidance to senior management, resulting in informed decision making and a 20% increase in profitability.

• Taxation- Consultancy and Advisory

· Advising on VAT to the clients as well as ensuring them to be up to date on changes in tax legislations.

· Implement process improvements to improve efficiency and accuracy in VAT reporting.

· Co-ordination of TAX Audit, liaising with the Client to provide support in responding to queries and resolving tax disputes.

· Analysis of Business transactions and its VAT implications

· Lead the discussion and resolution of any issues in compliance with TAX Managers and other TAX Experts within the Organization’s to understand any process changes or improvements required.

• Auditing:

· Planning and execution of audit (as per the requirements of International Standards on Auditing (ISAs), Audit Methodology).

· Responsible for handling team of associates, engagement, execution and client relationship management

· Handling Consolidation as per IFRS

· Review of internal control systems and identification of significant weaknesses and recommending improvements.

• Consultancy and Corporate Services:

· Consultancy to clients related to making investments and various options available in UAE.

· Assisting in Incorporation of Companies in UAE-Free Zones

· Assisting in various corporate services

• Management and Financial Accounting:

· Reviewing financial and budgetary data to identify future trends, assess risks and maximize potential profits.

· Maintaining stock registers and payroll registers.

· Successful implementation, analysis and management of new accounting systems and procedures.

· Issuing Management Reports and preparation of various MIS Reports.

· Supervision of accounting tasks at client’s place.

• Served as assistant during Internal Audit of Educational Institutions.
• Audit of sales, purchases, various expenditure and petty cash records.
• Tax audits of Financial Statements of various clients.
• Compliances for TDS deduction & payment thereof and other statutory payments.
• Verification of inventory.
• Preparation of Financial statements in adherence to statutory requirement.
• Preparation of accounts in accordance with Accounting Standards.