Summary
Overview
Work History
Education
Skills
Otherqualifications
Software
Languages
Timeline
Generic
Priyesh Panchal

Priyesh Panchal

Finance and accounts

Summary

Accomplished Regional Financial Specialist with a robust history at UPS, demonstrating expertise in financial modeling in Power BI and strategic project management. Excelled in enhancing forecast accuracy by 10% and profitability through insightful analysis and budget oversight. Skilled in fostering stakeholder relationships, showcasing a blend of technical proficiency and leadership acumen.

Overview

25
25
years of professional experience

Work History

Regional financial specialist

UPS Middle east
6 2019 - Current
  • Manage financial regional planning and analysis for a $100M business unit for various segment FFW and Logistics by customers P&L
  • Develop the Power BI report to highlight Key Performance Indicators, Analyzed financial data to identify trends and make recommendations, leading to a 10% increase in profitability, Sales Breakdown, Productivity Analysis
  • Developed annual budget and monthly forecasts, improving forecast accuracy by 10%
  • Conducted client-centric analysis to track new/lost business impacts.
  • Collaborated with cross-functional teams to achieve project goals on time and within budget.

Regional Financial specialist

UPS SCS India (ISMEA District)
05.2014 - 06.2019
  • Provided financial management support and developed financial models
  • Managed financial plans and goals for the division
  • Developed and executed monthly forecast processes, reducing variance by 5%
  • Participated in District / System work groups related to financial plans and goals
  • Supported management in the development of budgets, forecasts, and analysis summaries
  • Initiating and managing financial systems.

Senior Treasury Analyst

UPS SCS India Pvt. Ltd. (MNC)
05.2008 - 1 2014
  • Expertly crafted Cash Flow Statements and conducted future forecasting to ensure optimal fund availability and working capital management
  • Diligently performed Bank Reconciliation for multiple accounts, maintaining impeccable financial accuracy
  • Prepared comprehensive statutory Audit Schedules, including Fixed Deposit details, Interest Provision on FD, and TDS on Interest
  • Coordinated and prepared meticulous documentation for foreign remittances (Form A2), ensuring seamless bank interactions and disbursement
  • Maintained and regularly updated the Signatory Matrix, Bank Guarantees, Fixed Deposits, and other critical banking documents in line with regional signatory requirements.

Financial Accounting Specialist

Aramex India Pvt. Ltd. (MNC)
12.2005 - 05.2008
  • Prepared monthly Management Information System (M.I.S.) reports, including budget planning, profit and loss statements, and balance sheet schedules
  • Conducted detailed profitability analysis at the cargo shipment level
  • Prepared and managed statutory payment statements, including Service Tax and Tax Deducted at Source (T.D.S.)
  • Oversaw the maintenance and accuracy of inventory closing stock.

Financial Accounting Specialist

Shruti Medi Science Pvt. Ltd.
09.2004 - 12.2005
  • Managed Tally 7.2 accounts
  • Crafted monthly M.I.S Reports
  • Planned budgets & P&L statements
  • Analyzed stock & debtor aging.

Senior Internal Auditor

Hotel Park View Pvt. Ltd.
05.2003 - 09.2004
  • Spearheaded comprehensive audits and authored detailed financial accounts
  • Expertly conducted daily cost analyses for food and beverage inventories
  • Orchestrated audit processes, ensuring impeccable data accuracy and integrity
  • Crafted precise financial statements tailored for loan application requirements.

Audit Assistant

M/S Alpesh Associates
11.1999 - 04.2003
  • Managed full audit process
  • Coordinated daily audit tasks
  • Audited financial records
  • Prepared financial statements.

Education

Bachelor of Commerce -

Madurai Kamaraj University

H.S.C. - undefined

Mumbai University

S.S.C. - undefined

Maharashtra Board

Skills

Financial Modeling in Power BI

Otherqualifications

  • DIPLOMA IN PROFESSIONAL ACCOUNTS COURSE
  • DIPLOMA IN COMPUTER COURSE

Software

Power BI, Access data base, Excel

Languages

English
Hindi

Timeline

Regional Financial specialist

UPS SCS India (ISMEA District)
05.2014 - 06.2019

Senior Treasury Analyst

UPS SCS India Pvt. Ltd. (MNC)
05.2008 - 1 2014

Financial Accounting Specialist

Aramex India Pvt. Ltd. (MNC)
12.2005 - 05.2008

Financial Accounting Specialist

Shruti Medi Science Pvt. Ltd.
09.2004 - 12.2005

Senior Internal Auditor

Hotel Park View Pvt. Ltd.
05.2003 - 09.2004

Audit Assistant

M/S Alpesh Associates
11.1999 - 04.2003

Regional financial specialist

UPS Middle east
6 2019 - Current

Bachelor of Commerce -

Madurai Kamaraj University

H.S.C. - undefined

Mumbai University

S.S.C. - undefined

Maharashtra Board
Priyesh PanchalFinance and accounts