SAP FICO Module
Monica Patadia
Financial Analyst
Mumbai
Summary
Dynamic Senior Executive with a proven track record, excelling in process optimization and strategic thinking. Spearheaded successful SAP migration and enhanced compliance efficiency, while fostering effective communication across teams. Adept at implementing risk management strategies, ensuring financial accuracy, and driving continuous improvement initiatives.
Overview
13
13
years of professional experience
Work History
Senior Executive, Financial Accounting
Jiostar India Private Limited
07.2022 - Current
- Assessing profit and loss schedules for thoroughness and accuracy, working closely with business units to validate accruals and resolve any variances.
- Participated in Process improvements & automation. Actively involved in various reconciliations resulting in accuracy while reporting.
- Collaborating with business units to ensure prompt corrections and submissions of vendor returns, thereby improving overall compliance efficiency.
Directing quarterly closing processes for both foreign and Indian entities, guaranteeing the accuracy of management accounts and financial statements. - Ensuring accuracy in following of overall process of SG&A cost, from budget allocation to vendor payouts resulting in maintaining audit trail and approval matrix.
- Ensured TDS, GST, PTEC and allied other required compliances, reportings and Audit activity requirements are fulfilled in timely and accurate manner
- Successfully managed migration activity of SAP system for merged entities thereby ensuring smooth process for Financial reportings
- Streamlined operations for increased efficiency by identifying bottlenecks in sales processes and implementing targeted solutions.
- Cultivated a culture of continuous improvement by promoting open communication channels for feedback and collaboration with colleagues from all levels within the organization.
- Implemented comprehensive risk management strategies for SG&A cost to protect the organization from unforeseen financial pitfalls.
Collective Artists Network India Private Limited
Tax Compliance Specialist
05.2019 - 10.2021
- Developed monthly forecasts and financial models to evaluate tax impact and operational costs
- Assisting in preparation of tax account forecasts & monthly accruals and preparing and reviewing responses to tax notices, Service Tax EA Audit, reply, and data preparation for same.
- Enhance processes for reducing compliance efforts and smooth and timely compliance requirement fulfillments
- Conducting Finalization for group companies.
- Evaluating the tax effect & implications of business initiatives, contemplated transactions & business proposals
- Ensuring Statutory Compliances: TDS/TCS Payments & Returns, GST Payments, Returns & Reconciliations, processing foreign remittance, PT, PF, and ESIC payments, returns and other labor-related compliances & Lower deduction applications
- Assisting with ROC Compliances including Maintaining of minutes, Notice and Filing of charge forms, the appointment of auditors and Directors, LLP Forms, Annual returns
- Maintaining Registers and records across group companies and coordinate with CS for ROC issues and compliances
- Performing Statutory Audits: preparing data for Auditors, ensuring compliance with relevant accounting standards
Mahesh Patira & Associates
Senior Accounts Executive
03.2016 - 02.2019
- Executed finalization of books of accounts of Individuals, HUF’s and Firms and Concurrent Audit of Forex Company
- Led Certification Work under various legal frameworks and statutory enactments for
various companies such as Star India Private Limited, Vodafone Group - Liaised for the procedure for FDI with the client for RBI and allied compliances and acted as an integral part of the National Leadership Core Management Team
Rajesh Shah & Associates
Cost Account Trainee
04.2015 - 11.2015
- Developed monthly profit & loss statements of each product & service for further analysis and conducting a monthly audit
- Presented the monthly reports along with analysis to the management for further action and assisted the senior trainees in collecting data, preparing cost audit reports, follow-ups with clients for the same
Mor & Associates
Accountant
06.2012 - 11.2014
- Ensured compliances and submissions with Income Tax Officers, Service Tax, and Sales Tax Officers for individual, professional & company cases with the respective official departments, which included attending on case dates, preparing assessment replies to the officers, appealing to CIT & Tribunal officers
- Administered and monitored the team of an audit by providing timely guidance as required to conduct the audit
Education
MBA -
Indian Institute of Management
Kozhikode 04.2001 -
Diploma in Financial Management -
Diploma in Financial Management
Mumbai, India 04.2001 -
Bachelors of Commerce -
Nagindas Khandwala College
Mumbai 04.2001 -
Skills
Process optimization
Strategical thinking
Procedure implementation
Growth planning
Effective Communication and Building Relationships
Operations management
Professional Excellence
Core Competencies
➢ Business Analytics & Data Interpretation
➢ Internal Controls/Compliance
➢ Strategic Process improvements
➢ Financial Statements
➢ Financial Reporting and Analysis
➢ Regulatory Frameworks (IND AS, GAAP, IFRS)
➢ Tax & Assessment Analytics
➢ Regulatory Compliance
➢ Accounts Consolidation
➢ Tax Account Forecasts
➢ Tax & Statutory Audits
➢ Asset Management
Software
Tally ERP, Winnman
Data Analytics
Advanced Excel for Analytics – Internal Training (Disney)
Power BI, Tableau (Basic knowledge)
Additional Information
Project Highlights:
• IND-AS XBRL for 150 Companies via IRIS Business Service Limited
• Physical Verification of Assets for Hathway Datacom and assisted on similar projects for other companies
• Vendor Reconciliation for Times Network
• Process Audit for Times Network
Timeline
Senior Executive, Financial Accounting
Jiostar India Private Limited
07.2022 - Current
Collective Artists Network India Private Limited
Tax Compliance Specialist
05.2019 - 10.2021
Mahesh Patira & Associates
Senior Accounts Executive
03.2016 - 02.2019
Rajesh Shah & Associates
Cost Account Trainee
04.2015 - 11.2015
Mor & Associates
Accountant
06.2012 - 11.2014
MBA -
Indian Institute of Management
04.2001 -
Diploma in Financial Management -
Diploma in Financial Management
04.2001 -
Bachelors of Commerce -
Nagindas Khandwala College
04.2001 -
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