Akshay Parekh

Assistant Manager Finance at DICO Group
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Contact Information
us****@****om
(386) 825-5501
Location
AE

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Credentials

  • Equity technical analysis
    stock phoenix
    Aug, 2020
    - Nov, 2024

Experience

    • Investment Management
    • 1 - 100 Employee
    • Assistant Manager Finance
      • Jul 2021 - Present

    • Senior Accountant Financial Reporting
      • Nov 2019 - Jun 2021

      - In-charge of preparation and presentation of Individual and Consolidated financial statements of the group company, along with the budgeting and management reporting of the company.- Supervising and reviewing the timely preparation and finalization of the Statement of Financial position, and the Statement of Profit and Loss, on a monthly basis. Also responsible for the day-to-day activities of the finance team.- In charge of the appropriate conduct of the interim and yearly audit of the company, in compliance with the applicable IFRS.- Involved in overseeing the monthly MIS report generation and completion for the top management’s use, for decisions on the financial and operational strategies.- Independently handling the overall compliance of the different policies and procedures set for the review and analysis of the structured products held by the company. These also involve a comprehensive study of the underlined assets on a quarterly basis.- Computation of the return on all the other financial instruments and investments held by the company. - Involved as a team member for implementation of Oracle fusion in the company

    • United Arab Emirates
    • Construction
    • 700 & Above Employee
    • Finance & Accounts Executive
      • Apr 2018 - Nov 2019

      - Independently handled the company’s MEP Division, which was responsible for the documentation of all policies and procedures as adopted by the Accounts team. Also prepared a detailed manual on the accounting functions to be used for future referencing. - Held in-charge of the preparation of the following Project specific reports: - Statement of Profit or Loss (Income Statement) - Cash Flow Statement - Performance management and variances report - Forecast reports of monthly budgets - Site specific Cost reports - Reconciliation reports of Accounts held with the company - Reconciliation of monthly store reports. - Assessing the faced financial risk and the forecasts and analyzing the same with the superiors in order to plan ahead. - Solving the queries and issues faced by the VAT Team as per the UAE VAT Law. - Collection, examination, and interpretation of raw data on the financial status and the current cost structure. - Assisted in setting up internal controls and accounting arrangements for cost control as per the monthly and yearly budgets. - Reviewing the AP team’s payment policy as per the relevant contracts and purchase orders raised. Ensured the follow of the new procedures put in place, along with the necessary internal documentation.

    • India
    • Financial Services
    • 700 & Above Employee
    • Deputy Manager
      • Nov 2017 - Apr 2018

      - In-charge of preparing: - The letter of credit and, - The discount of Bills of Exchange held by various clients - Was also held accountable for the review of the potential clients’ Financial Statements for analyzing the future growth prospects and for analyzing whether the criteria of providing Loan or Credit facilities, such as, Overdraft/cash credit, etc, have been met. - In-charge of preparing: - The letter of credit and, - The discount of Bills of Exchange held by various clients - Was also held accountable for the review of the potential clients’ Financial Statements for analyzing the future growth prospects and for analyzing whether the criteria of providing Loan or Credit facilities, such as, Overdraft/cash credit, etc, have been met.

    • India
    • Accounting
    • 1 - 100 Employee
    • Article Trainee
      • Oct 2014 - Oct 2017

      - Responsible for the finalization of the books of accounts of the clients (including individuals, different business and companies, etc). Thereafter conducting tax audits for the individual/company and the further on preparation and filing of the income tax return. - Preparation and Finalization of form 3CEB for various domestic and multinational companies - Analysis of the withheld direct and indirect tax matters for various client companies. This also included handling and providing solutions to problems related to compliance of the withheld tax, and the advance tax - Preparing the draft responses to the tax authorities for the scrutiny, penalties, and the miscellaneous letters submitted - Independently handled the overall conduct of the statutory, internal, and the tax audit

Education

  • The Institute of Chartered Accountants of India
    Chartered Accountant
    2013 - 2017
  • ACCA
    Accounting and Finance
    2020 - 2021
  • University of Mumbai
    Bachelor of Commerce - BCom, Accounting and Finance
    2013 - 2016

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