Power BI, Access data base, Excel
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
Key Performance Indicators
Planning Budgeting & Forecasting
Variance Analysis
Analytical Skills
Bank Reconciliation
Accounts (AP/AR)
Statutory Payment
Profit & Loss Management
Otherqualifications
- DIPLOMA IN PROFESSIONAL ACCOUNTS COURSE
- DIPLOMA IN COMPUTER COURSE
Software
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