Ritesh Bakhai
Accounts Supervisor at Affiniax Partners- Claim this Profile
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English Professional working proficiency
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Hindi Professional working proficiency
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Gujarati Professional working proficiency
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Bio
Credentials
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CHARTERED ACCOUNTANT
Institute of Chartered Accountants of India
Experience
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Affiniax Partners
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United Arab Emirates
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Accounting
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1 - 100 Employee
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Accounts Supervisor
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Sep 2022 - Present
As an Accounts Supervisor, I am responsible for overseeing various financial activities and ensuring the smooth functioning of the portfolio of 35+ clients. My role involves managing a team of accountants and assisting the CA partners in delivering high-quality services to clients. • Facilitating tax planning and compliance for businesses, including VAT return preparation and complex tax guidance. • Building strong client relationships through advisory interactions and understanding financial needs. • Conducting financial analysis to identify cost-saving opportunities and risks for informed decision-making. • Ensuring precise payroll processing in compliance with tax regulations. • Keeping updated with accounting software for efficient financial data management. • Upholding compliance with accounting standards and tax regulations. • Overseeing year-end closing, preparing financial statements, and reports for accuracy. • Supporting client onboarding and establishing accounting systems. • Collaborating on financial audits, reviewing reports, and ensuring compliance. • Assisting clients in budgeting, financial forecasting, and effective planning. Show less
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Mohammad Omar Bin Haider (MOBH) Holding Group
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United Arab Emirates
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Investment Management
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100 - 200 Employee
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Senior Accountant
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Apr 2021 - Sep 2022
Responsible for meticulous maintenance of accounting ledgers, accurate bank reconciliation, verification of vendor accounts, comprehensive management of VAT filing and compliance, and preparation of essential MIS reports to facilitate well-informed decision-making. Responsible for meticulous maintenance of accounting ledgers, accurate bank reconciliation, verification of vendor accounts, comprehensive management of VAT filing and compliance, and preparation of essential MIS reports to facilitate well-informed decision-making.
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Manish Jewellers LLC
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Dubai, United Arab Emirates
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Accounts & Finance Manager
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Aug 2018 - Aug 2020
• Preparation of MIS reports for the group and various division on periodic basis • Managing and finalization of accounts and co-ordination with external auditors • Managing payment and receipt cycle of the group • Successfully and efficiently liaising with banks for reducing the cost as well as raising new funds and handling timely compliance of banking requirements • Supervising and managing the central accounting department of the group including retail, wholesale, manufacturing, and bullion trading divisions • Managing and responsible for the IT system for the group including local and cloud services • HR and local laws including the FZCO rules, company formation, and related matters Show less
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Electomech Engineering Solutions Pvt Ltd
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Jamnagar, Gujarat, India
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Senior Accountant
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Jun 2017 - Jul 2018
1Overseeing the Accounts department to ensure alignment with industry-specific accounting and finance standards. 2 Contributed to the completion of tax compliances and year-end audit finalization. 3 Enhanced efficiency in vendor and customer management through process improvements. 4 Collaboratively develop budgets and forecasts while actively analyzing costs and controlling expenses across all departments. 1Overseeing the Accounts department to ensure alignment with industry-specific accounting and finance standards. 2 Contributed to the completion of tax compliances and year-end audit finalization. 3 Enhanced efficiency in vendor and customer management through process improvements. 4 Collaboratively develop budgets and forecasts while actively analyzing costs and controlling expenses across all departments.
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Paperchase Accountancy (Global)
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United Kingdom
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Accounting
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200 - 300 Employee
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Accounts Payable Accountant
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Dec 2016 - Feb 2017
• Handled various US based Hospitality Clients as an Accounts Payable in Paper Chase Accountancy (KPO) Firm in Ahmedabad. • Handled various US based Hospitality Clients as an Accounts Payable in Paper Chase Accountancy (KPO) Firm in Ahmedabad.
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Shreyansh Sheth & Associates
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Jamnagar, Gujarat, India
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Auditor
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Jun 2015 - Nov 2016
1Conducted statutory audits for companies under the Companies Act, 2013, including trading units, manufacturing, and construction businesses. 2 Managed State VAT audits and returns for various business types, such as sole proprietorships, partnership firms, and private limited companies, and prepared final reports. 3 Prepared various CA certificates. 4 Conducted State VAT audits and handled returns for different business structures while finalizing related reports. 1Conducted statutory audits for companies under the Companies Act, 2013, including trading units, manufacturing, and construction businesses. 2 Managed State VAT audits and returns for various business types, such as sole proprietorships, partnership firms, and private limited companies, and prepared final reports. 3 Prepared various CA certificates. 4 Conducted State VAT audits and handled returns for different business structures while finalizing related reports.
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Kamlesh Rathod And Associates
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India
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Consumer Services
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1 - 100 Employee
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Article Assistant
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Apr 2012 - Apr 2015
• Statutory Audit of various companies registered under Companies Act, 2013, various brass part trading & manufacturing units as well as construction business • Handled internal audit of Reliance Group Companies for the period of 2 and half years on SAP Audit Module. • Experience in conducting Income tax audits as well as tax returns of sole proprietorships, partnership firms, private limited companies, and preparing and finalizing the reports for the same • Experience in conducting State VAT audits as well as returns of sole proprietorships, partnership firms, private limited companies and preparing and finalizing reports for the same • Prepared various types of CA Certificates • Experience in conducting the audits of Non Public Fund of Air Force, Jamnagar • Experience in handling the stock audit as a part of internal audit assignment of corporate • Assisted in handling refund application of exports unit of service tax & central tax Show less
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Education
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The Institute of Chartered Accountants of India
Chartered Accountant -
Saurashtra University
Bachelor's degree, Accounts and finance