Summary
Overview
Work History
Education
Skills
Interests
Languages
Work Availability
Quote
Timeline
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Jay Naresh Chawla

Jay Naresh Chawla

Dubai,U.A.E.

Summary

Experienced Management Accountant proficient in laws and procedures governing business operations, tax filings, and regulatory compliance. Capable of handling detail-oriented work in a methodical and organized fashion. Seeking a challenging, growth-oriented position where field expertise, resourcefulness, and diligence can make a positive impact on business operations.

Overview

7
7
years of professional experience

Work History

Management Accountant

Lals Group
Dubai, UAE
10.2021 - Current
  • Oversaw the preparation, accounting, and management of the balance sheets for two holding companies within the Family Office, with an estimated value of USD 500 million.
  • Collaborated closely with group Directors to oversee the operational aspects of 20 Joint Ventures and Associate Companies.
  • Prepared and presented comprehensive monthly financial reports to the Chairman and CEO of the Group.
  • Developed and submitted Management Information Systems (MIS) for Joint Ventures and Associate Companies to Group Directors.
  • Assessed and presented funding requests to the CEO, encompassing Capital Calls, Soft Loans, and Payable Accounts for Joint Ventures and Associate Companies.
  • Established effective communication channels with bankers, facilitating discussions on private equity investments, Treasury Bills and Notes, and rollover requests.
  • Maintained regular correspondence with brokers, tenants, and potential buyers regarding Family Office properties.
  • Compiled quarterly Investment Reports for External Investment Bankers, providing detailed analysis and identifying investment opportunities.
  • Ensured accuracy by reconciling and submitting Investment and Shareholder's Loan confirmations for Joint Ventures and Associate Companies.
  • Coordinated with the group treasury to facilitate operational payments for the Family Office.
  • Developed and prepared monthly management packs and financial accounts.
  • Executed month-end journal entries in full compliance with established standards.
  • Compiled ESR Reports for the personal companies of owners.
  • Generated periodic reports comparing budgeted costs to actual costs.
  • Assist external accountants and auditors for 2 UK Investment Companies with the preparation of quarterly VAT returns year-end accounts and audit processes.
  • Prepared VAT forms for 9 commercial clients and 2 individual clients.
  • Created quarterly and yearly balance sheets to monitor financial trends and evaluate performance.
  • Utilized Tally ERP 9 software to update monthly journal entries and accounts on an accrual basis including 39 major bank accounts.
  • Conducted comprehensive reconciliations, ensuring accuracy and integrity of income, expenses, net worth, and assets.
  • Documented all cash, credit, fixed assets, accrued expenses, and line of credit transactions with precision.
  • Analyzed monthly balance sheet accounts to facilitate corporate reporting.
  • Fostered relationships with external auditors, managing the audit process to deliver excellent audit reports.
  • Prepared monthly bank reconciliations and compiled reports for shareholders.
  • Developed long-term revenue and capital budgets for stakeholder presentations.
  • Collaborated with external advisors on Corporate Tax Planning initiative
  • Facilitated effective communication and collaboration with yacht managers to oversee all aspects of operations, renting, and accounting for charter operations.

Audit Senior

Mahesh Lalwani & Co. Chartered Accountants
Ahmedabad, India
08.2019 - 09.2021
  • Guaranteed efficient audit execution, liaising with key stakeholders to understand business needs and operations.
  • Handled client queries, providing responses within target timeframes.
  • Performed statutory account preparation for audit clients.
  • Assisted in the completion of audit jobs from the planning stage to finalization.
  • Reviewed disclosure checklists to verify the accuracy of financial statement disclosures.
  • Maximized value of audit, conducting pre and post-audit reviews to review process efficiency and identify areas for improvement.
  • Completed audit planning documentation, verifying correct tests were applied to produce sufficient audit evidence.
  • Preparation of Financial Statements including Cashflow Statement
  • Preparation of Tax Audit Report as per Income Tax Act, 1961
  • Preparation of Statement of Total income for Private companies, Firms, HUFs,
  • Individuals, Trust under Income Tax Act, 1961
  • Preparation of MIS report as per client's requirement
  • Preparation of monthly GST returns for clients and providing reconciliation as per regulatory requirements.

Audit Assistant

Mahesh Lalwani & Co. Chartered Accountants
Ahmedabad, India
08.2016 - 08.2019

Internship as per ICAI Guidelines and Protocols

Education

CPA USA -

AICPA
Dubai
05.2023 -

CA Final G-II -

ICAI
Ahmedabad, India
05.2019 -

IPCC -

ICAI
Ahmedabad, India
05.2017 -

CPT -

ICAI
Ahmedabad, India
06.2014 -

Bachelor of Commerce -

Gujarat University
Ahmedabad, Ind
07.2017 -

Skills

  • Proficient in MS Excel, MS Word, and Tally
  • Basic knowledge of Easy Office and Personalized Software
  • Regulatory compliance
  • GAAP understanding
  • Business partnerships
  • Microsoft Dynamics 365
  • ERP (Enterprise Resource Planning) software
  • Audit coordination
  • Tax law understanding
  • Finance management
  • Statutory reporting
  • VAT returns

Interests

Interest , Riding, Travelling, Adventure activates

Languages

English
Fluent
Hindi
Native
Gujarati
Native

Work Availability

monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Quote

Hope is a good thing, maybe the best of things, and no good thing ever dies

Timeline

CPA USA -

AICPA
05.2023 -

Management Accountant

Lals Group
10.2021 - Current

Audit Senior

Mahesh Lalwani & Co. Chartered Accountants
08.2019 - 09.2021

CA Final G-II -

ICAI
05.2019 -

Bachelor of Commerce -

Gujarat University
07.2017 -

IPCC -

ICAI
05.2017 -

Audit Assistant

Mahesh Lalwani & Co. Chartered Accountants
08.2016 - 08.2019

CPT -

ICAI
06.2014 -
Jay Naresh Chawla