Summary
Overview
Work History
Education
Skills
Languages
Personal Information
Timeline
Generic
Bharati Thawani

Bharati Thawani

Summary

Highly skilled and detail oriented Chartered Accountant possessing 8 + year of work experience as finance manager and auditor. Having sound knowledge of financial reporting, financial planning and analysis, IFRS, external audits, Management Information reporting, and other regulatory tax compliances. I desire to work in a competitive environment and execute challenging assignments to leverage my skills and abilities to the fullest and enhance them.

Overview

8
8
years of professional experience

Work History

Assistant Finance Manager

Infiiloom Trading DMCC
04.2022 - 10.2023
  • Responsible for handling day to day finance and accounting of multiple group entities.
  • Processed invoices and contacted appropriate parties for timely payment receipt.
  • Delivered regular financial presentations to senior management, facilitating informed decision-making processes.
  • Prepared cash flow projections, cost analysis and monthly, quarterly and annual management reports.
  • Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
  • Posting necessary month end journal entries and finalizing the monthly accounts and timely closure of monthly financials.
  • Ensuring the vendor payments are scheduled on time and follow up with the customers to ensure the payments are received before the due dates
  • Reviewing monthly accruals, prepaid balance and GL balances.
  • Fixed assets capitalizing, making Fixed assets schedule and reconciling with GL.
  • Preparing timely report for quarterly VAT filing and reconciling with the FTA records and monthly MIS reports.
  • Preparing inter- company reconciliation and Preparing Financial reports on monthly /quarterly basis.
  • Preparing of customer ageing and supplier ageing report on periodic basis.
  • Preparing and presenting half yearly budgets and cash flow statements.
  • Liasioning with the banks for all the business transactions.
  • Preparing data for taxation return like form 1120, Form CD 405 for North Carolina return.
  • Ensured timely completion of month-end closing procedures for accurate financial statements.
  • Led successful audits by maintaining organized records and providing clear communication with external auditors.
  • Adaptable and proficient in learning new concepts quickly and efficiently.
  • Improved overall financial reporting by streamlining control processes and reporting structures.

Audit Manager

Mac & Ross Chartered Accountants
01.2020 - 03.2022
  • Conducted Statutory Audit, Internal Audit and Management Audit with the team for the most trading and service companies
  • While conducting Statutory Auditing ensure that companies maintain proper books of accounts, abide by the regulatory laws applicable to it, the financial statements of the company are in accordance with the applicable FRF and the financial information is free from material misstatements
  • Verifying of SOP to provide assurance that governance and internal control processes are operating effectively
  • Verification for ensuring correctness and accuracy of various provisions and disclosures in Financial Statement and also in other document containing Audited Financial Statement
  • Performed analytical studies of systems to identify variance of budgets and actual expenses along with the reporting of financial implications
  • Reporting the clients on audit findings and observations
  • Recommending the correction and audit adjustments on the audit findings and adjustments.
  • Preparing the audit report, Financial Statements, Profit and loss account, Cash flow, Equity statements along with notes to accounts for Individual and group, companies
  • Preparing consolidated financial statement according to the applicable IFRS by extracting all the subsidiary companies trial balances and or from the audit reports of the subsidiary companies. Worked on consolidation of Group Company having 15-20 subsidiaries with multi currencies in different region of the world.
  • Verify the UAE Gratuity calculation.
  • Consulting clients and calculation IFRS 16 Leases implications for many clients.
  • Assisting clients on query related to accounting and year end closing entries.
  • Verify VAT and revenue reported in the FTA VAT returns with books of accounts.

Associate

SagarTotala& Associates
01.2016 - 10.2019
  • Prepared financial statements for various sole establishments, partnerships, private limited companies in compliance with applicable FRF and statutory tax.
  • Prepared management accounts as per the clients' requirement after vouching and verification of all audit areas.
  • Conducting internal audits of various private limited companies and presenting internal audit report to the management.
  • Computation and filing GST and income tax returns for various clients.
  • Advised clients on Direct and indirect tax issues.
  • Annual filing compliance for companies as per companies act.

Education

IFRS -

ACCA
India
12.2016

CA - Chartered Accountant

Institute of Chartered Accountant of India
India
07.2015

Bachelor of Commerce -

University of Pune
India
03.2011

Skills

  • Microsoft office
  • Accounting software (Tally Erp 9, SAP FI, SAGE 50, Quickbook)
  • Beginner level power BI

Languages

Hindi
Upper intermediate (B2)
Marathi
Intermediate (B1)
Sindhi
Bilingual or Proficient (C2)
English
Bilingual or Proficient (C2)

Personal Information

  • Date of Birth: 12/19/90
  • Nationality: Indian

Timeline

Assistant Finance Manager

Infiiloom Trading DMCC
04.2022 - 10.2023

Audit Manager

Mac & Ross Chartered Accountants
01.2020 - 03.2022

Associate

SagarTotala& Associates
01.2016 - 10.2019

IFRS -

ACCA

CA - Chartered Accountant

Institute of Chartered Accountant of India

Bachelor of Commerce -

University of Pune

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Bharati Thawani