Vishvajitsinh Zala
Bur Dubai,UAE
Summary
Accomplished finance professional with extensive expertise in accurate accounting, accounts payable and receivable management, and financial planning and analysis. Demonstrates proficiency in Power BI and excels in implementing internal controls, ensuring statutory audit compliance. Knowledge of US GAAP standards. Skilled in financial consolidation strategies, cash flow optimization, and budgeting and forecasting. Adept at leading teams to achieve SOX compliance measures and knowledge in UAE corporate tax and UAE VAT regulations. Committed to enhancing financial reporting process.
Overview
14
14
years of professional experience
8
8
years of post-secondary education
1
1
Certification
Work history
Finance Manager
Thangals Jewellery L.L.C
Dubai, UAE
06.2025 - Current
- Executed timely preparation of statutory accounts and completion of statutory audits.
- Collaborated closely with auditors to ensure smooth audit processes.
- Trained staff on finance-related matters improving overall understanding and performance.
- Oversaw financial reporting processes, maintaining accuracy and compliance with regulatory standards.
- Directed budgeting and forecasting activities to align financial goals with organizational objectives.
- Monitored daily accounting operations, ensuring effective cash flow management.
- Conducted quarterly stocktaking to uphold inventory accuracy.
- Maintained robust internal controls for asset protection.
- Performed bank reconciliations to guarantee financial precision.
- Oversaw performance and development of accounting staff.
- Prepared and submitted VAT and corporate tax returns punctually.
- Ensured compliance with UAE VAT and UAE CT Law
- Executed month-end and year-end closing procedures, ensuring accurate recording of prepayments and accruals.
- Designed dashboards to enhance Business Intelligence and KPI reporting.
- Executed financial consolidation activities for the group.
- Prepared annual budget
- Developed financial models
- Supervised AP, AR, and Treasury Function
- Major Achievement - Brought clarity on compliance, accounting, and reporting part which resulted in elimination of risk of imposition of penalty by UAE Tax Authorities. Reduced monthly cost by approximately AED 4,000 per month.
Assistant Manager – Accounts
Medspire FZE (A Group SNS Company)
Dubai, UAE
02.2024 - 06.2025
- Executed month-end and year-end close procedures, ensuring accuracy of prepayments and accruals.
- Collaborated closely with auditors to ensure smooth audit processes.
- Prepared and submitted VAT returns in full compliance with regulations.
- Ensured compliance with UAE VAT regulations and UAE CT Law.
- Monitored daily accounting tasks.
- Directed budgeting and forecasting activities to align financial goals with organizational objectives.
- Conducted bank reconciliations to maintain precise financial records.
- Reviewed monthly and annual MIS reports to facilitate informed decision-making.
- Executed month-end and year-end closing procedures, ensuring accurate recording of prepayments and accruals.
- Designed dashboards to enhance Business Intelligence and KPI reporting.
- Executed financial consolidation activities for Group SNS.
- Supervised accounting staff, enhancing operational efficiency across all departments.
- Maintained robust internal controls to safeguard financial integrity.
- Managed accounts receivables and payables, optimizing overall cash management.
Senior Finance Manager
Paradise Sanitaryware Private Limited (A Paradise Group Company)
Rajkot, India
10.2019 - 01.2024
- Executed timely preparation of statutory accounts and audit completion.
- Collaborated closely with auditors to ensure smooth audit processes.
- Oversaw daily accounting operations, managing cash flows effectively.
- Maintained robust internal controls through regular audits and monitoring.
- Reviewed bank reconciliations work to ensure financial accuracy.
- Administered GST and TDS return submissions in compliance with regulations.
- Took ownership of achieving desired profitability from African market.
- Ensured compliance with applicable laws.
- Oversaw all tax-related matters ensuring timely submission and accurate payments.
- Prepared monthly, quarterly, and yearly forecasts aiding informed decision-making processes.
- Achieved significant cost savings with meticulous budget management.
- Led team of junior finance professionals towards achieving shared objectives.
- Formulated annual budgets that aligned with organizational goals and objectives.
- Consolidated comprehensive management accounts, integrating income statements, cashflow and balance sheets.
- Executed financial consolidation activities for Paradise Group.
- Administered payroll processes for accurate, timely salary disbursements.
- Managed accounts receivables and payables to support financial liquidity.
- Designed dashboards to enhance Business Intelligence and KPI reporting.
- Reviewed purchase requisitions for adherence to financial guidelines.
- Collaborated with management on cost reduction strategies and policy enhancements.
- Major achievement: Played key role in production planning, changing composition of raw materials, changing sizes of finished products which resulted in achieving cost reduction objectives and thereby increasing profit.
Assistant Manager – Finance and Accounts
Technical Parts Est. – (A Bhatia Brothers Group Company)
Dubai/Abu Dhabi, UAE
09.2018 - 09.2019
- Prepared statutory accounts and concluded audits.
- Collaborated closely with auditors to ensure smooth audit processes.
- Oversaw VAT return submissions within deadlines to ensure compliance.
- Led accounting staff, promoting adherence to organizational standards.
- Monitored cash flow through daily accounting task management.
- Maintained precise records by conducting thorough bank reconciliations.
- Established robust internal controls throughout all operations.
- Facilitated internal audits to measure compliance and operational efficiency.
- Managed comprehensive closing processes for month-end and year-end, focusing on accuracy.
- Executed financial consolidation activities for group.
- Prepared annual budget.
- Developed financial models.
Financial controller
The Downtown Limited
Kigali, Rwanda
10.2015 - 05.2018
- Successfully set up accounts, buildings management, and bus park management departments from scratch.
- Achieved complete book updates and occupancy analyses within one month of joining.
- Oversaw preparation of Statutory Accounts and leading audit.
- Managed daily cash flow while maintaining strict internal controls.
- Conducted monthly payroll processing.
- Prepared and submitted VAT returns punctually to Rwanda Revenue Authority.
- Reviewed and drafted rent agreements during initial setup and renewals.
- Led hiring activities for accounting, finance, and buildings management staff.
- Executed financial planning & analysis.
- Implemented budgeting, forecasting, and variance analysis processes.
- Monitored daily accounting operations, ensuring effective cash flow
- Spearheaded preparation of annual accounts, ensuring transparency and accountability in financial reporting.
- Trained staff on finance-related matters improving overall understanding and performance.
- Major achievement: Detected revenue leakage from bus park operations and also from letting out of shops and offices and thus resulting in bringing into books unaccounted revenue and cashflow of approximately RWF 200,000 per month.
Manager (Finance & Accounts)
Royal Touch Laminates Pvt Ltd
Ahmedabad, India
08.2011 - 09.2015
- Prepared statutory accounts and ensured timely completion of statutory audit.
- Conducted internal audits to assess compliance and efficiency.
- Executed month-end and year-end closing procedures, including accurate recording of prepayments and accruals.
- Monitored daily accounting operations to maintain financial integrity.
- Compiled monthly stock statements for submission as per bank's requirements.
- Managed documentation for annual renewal of credit facility.
- Processed payroll and calculated timely payments for all statutory dues, including VAT and TDS.
- Reviewed and approved expense claims for marketing team and distributors, ensuring adherence to company policies.
- Liaised with suppliers to ensure timely deliveries.
- Maintained inventory control, reduced stock shortages.
- Cultivated strong relationships with clients to secure repeat business.
- Identified growth opportunities through comprehensive market research.
- Executed budgeting, forecasting, and variance analysis activities.
- Executed financial consolidation activities for group.
- Handled income-tax and VAT assessments.
- Organized financial and operational data to help with yearly budgeting and planning.
- Led performance reviews, identified areas for improvement.
- Handled negotiations with outside vendors and service agencies to meet group needs.
- Major achievements: Played key role in achieving cost reduction of 4% for Royal Bond Adhesives by changing production cycle, mix of different raw materials, reducing raw materials purchase cost by negotiating with suppliers, and increasing credit period from suppliers. Played key role in changing marketing policies and various schemes that resulted into increase in sales by almost 10% and reduction in marketing and advertisement cost by almost 5%.
Education
Chartered Accountant - Accounts - Audit - Finance - Taxation
The Institute of Chartered Accountants of India
India 01.2007 - 07.2011
Bachelor of Commerce - Advanced Accounting & Auditing
Veer Narmad South Gujarat University
India 05.2000 - 10.2003
CPA - Accounting & Reporting - Taxation - Audit
Miles Education
IndiaSkills
- Accurate accounting practices
- Accruals and prepayments management
- Accounts payable and receivable oversight
- Reconciliation processes expertise
- Budgeting and forecasting skills
- Cash flow optimization strategies
- Financial planning and analysis
- Financial closing and reporting
- Internal controls implementation
- Statutory audit compliance knowledge
- US GAAP standards adherence
- IFRS compliance
- Financial consolidation strategies
- Power BI proficiency
- SOX compliance measures
- Team leadership abilities
- UAE corporate tax knowledge
- UAE VAT knowledge
Certification
Workshop on Data Visualization Using Power BI
Languages
English
Advanced
Hindi
Fluent
Gujarati
Fluent
Exposure to accounting softwares
- Oracle Netsuite
- Sunsystem
- Quickbook
- Tally.ERP9
- MS Dynamics 365 Business Central
- Wingold
Timeline
Finance Manager
Thangals Jewellery L.L.C
06.2025 - Current
Assistant Manager – Accounts
Medspire FZE (A Group SNS Company)
02.2024 - 06.2025
Senior Finance Manager
Paradise Sanitaryware Private Limited (A Paradise Group Company)
10.2019 - 01.2024
Assistant Manager – Finance and Accounts
Technical Parts Est. – (A Bhatia Brothers Group Company)
09.2018 - 09.2019
Financial controller
The Downtown Limited
10.2015 - 05.2018
Manager (Finance & Accounts)
Royal Touch Laminates Pvt Ltd
08.2011 - 09.2015
Chartered Accountant - Accounts - Audit - Finance - Taxation
The Institute of Chartered Accountants of India
01.2007 - 07.2011
Bachelor of Commerce - Advanced Accounting & Auditing
Veer Narmad South Gujarat University
05.2000 - 10.2003
CPA - Accounting & Reporting - Taxation - Audit
Miles Education