Umang Ghiya
Dubai,UAE
Summary
Accomplished finance professional with expertise in the consolidation of financial statements, financial reporting analysis, and balance sheet review. Demonstrates proficiency in cash flow management and risk management, complemented by a strong background in process improvement and comprehensive audit practices including financial, operational, compliance, and internal/external audits. Skilled in data analytics with advanced capabilities in MS Office and Google Workspace. Committed to leveraging analytical skills to drive strategic financial decisions and enhance organizational efficiency.
Overview
11
11
years of professional experience
8
8
years of post-secondary education
Work history
Finance Manager
Hakan Trading FZCO
Dubai, United Arab Emirates
2024.06 - Current
- Handling financial report for the company and its 5 group of companies
- Trained staff on finance-related matters improving overall understanding and performance.
- Managed a team of junior finance professionals, promoting professional development.
- Facilitated capital-raising initiatives supporting business expansion efforts.
- Led forecasting exercises to anticipate future business needs.
- Developed comprehensive financial reports for top management review.
- Managed monthly Management Information System (MIS) reporting for the company.
- Developed and analyzed working capital and cash flow reports for strategic financial planning.
- Streamlined consolidation reporting processes to enhance accuracy and efficiency.
Financial Analyst & Internal Audit Manager
Regent Global DMCC and Group Companies, UAE
Dubai, UAE
2023.06 - 2024.05
- Handling continuous improvement to compliance program.
- Efficiently developed internal control and flow of documents (transaction movement) in various companies and help them to streamline their process.
- Advised management on risk assessment, internal controls, and process improvements resulting in reduction in process errors.
- Documentation of clients’ accounting system, internal control environment and performance of “walk- through test” to evaluate the inherent controls and operating effectiveness of the same.
- Produced audit findings in clear and concise format for senior management and board review.
- Handling financial analysis of portfolio management companies of group.
- Reviewing and Analyzing accounts of monthly MIS.
- Collaborated with client’s IT team to implement audit tools and data analytics strategy.
Senior Financial Auditor
KSI Shah & Associate Chartered Accountant, UAE
Dubai
2016.01 - 2023.05
- Managed end-to-end delivery of financial and compliance audit projects.
- Led team of 5 auditors to complete 200+ audit projects resulting in 100% compliance with regulatory requirements.
- Developed and implemented data analytics strategy resulting in reduction in audit time and improved accuracy of audit findings.
- Preparing audit programs, scrutinizing financial statement, verification to adherence of various accounting and auditing standards, resolving audit queries, providing suggestion to clients for efficient and effective implementation of systems.
- Preparation of annual financial statements as per IFRS, management representation letters, auditors’ report, coordination with group auditors and other client correspondence relating to audit work.
- Assisted in training and mentoring of junior team members resulting in improved performance and career growth.
- Filing of VAT returns and compliances of VAT.
- Introduction of corporate tax and its implication.
Audit and Tax Associate
Dhirajlal Shah & Co Chartered Accountant
Ahmedabad
2015.06 - 2015.12
- Leading as an Audit Associate of private limited companies (including Branch Accounting), Firms and Proprietary concerns and Banks and scrutinizing of ledgers in view of statutory audits.
- Review and Finalization of Books of Accounts.
- Handling Tax Audit matters.
- Preparation and E-Filing of Income Tax Returns of Private Limited Companies, Firms, HUF and Individuals along with Tax Audit Reports.
- Review and verifying Excise registers (RG 23Part I and Part II, others) and its returns.
Education
Chartered Accountant -
Institute of Chartered Accountant of India
Ahmedabad, India 2010.06 - 2015.05
Bachelors - Commerce
Gujarat University
Ahmedabad, India 2010.07 - 2013.05
Skills
- Consolidation of Financials Statements
- Financial reporting analysis
- Balance sheet review
- Cash flow management
- Risk Management
- Process Improvement
- Financial Audit
- Operational Audit
- Compliance Audit
- Internal/External Audit
- Data Analytics
- MS Office
- Google Workspace
STRENGTHS
- Strong Leadership: Led a team of 5 to complete 15 audit projects, resulting in a improvement in compliance program.
- Effective Communication: Communicated audit findings to senior management resulting in a reduction in risk.
- Analytical Skills: Performed complex data analysis resulting in a reduction in audit time.
ACHIEVEMENTS
- Implementation of new Financial Software and and implemented a new Finance modules and increased efficiency which reduce in reporting time.
- Implementation of Process Improvement: Designed and implemented a new audit process resulting in a 20% reduction in audit time and increased efficiency.
- Development of Junior Team Members: Mentored and trained junior team members resulting in their successful completion of complex audit projects.
Languages
English
Advanced (C1)
Hindi
Advanced
Affiliations
- SPORTS
- TRAVELLING
- Spiritual Cause
Timeline
Finance Manager
Hakan Trading FZCO
2024.06 - Current
Financial Analyst & Internal Audit Manager
Regent Global DMCC and Group Companies, UAE
2023.06 - 2024.05
Senior Financial Auditor
KSI Shah & Associate Chartered Accountant, UAE
2016.01 - 2023.05
Audit and Tax Associate
Dhirajlal Shah & Co Chartered Accountant
2015.06 - 2015.12
Bachelors - Commerce
Gujarat University
2010.07 - 2013.05
Chartered Accountant -
Institute of Chartered Accountant of India
2010.06 - 2015.05