Nitin Tarsarya

Chartered Accountant
MISSISSAUGA
nitintarsarya21@gmail.com
1647 786 0375

Work Experience

Finance Manager – Finance & Reporting

RIDGE HOUSEHOLD TR. - Dubai
October 2016 to October 2019
·        Presentation of monthly Financial reports for business performance review & in-house financials 
·        Review trade expense agreements with Principles and customers, highlight its impact on profits 
·        Analyze customer wise profitability report for business review and support strategy planning 
·        Designed various financial models, management report for quick decision on the sales & business
strategy 
·        Liaise with banks for facility enhancement, trade finance deals, Forex transfers & currency
exchange 
·        Plan & Execute budget preparation using financial models designed specific to business needs 
·        Responsible for Statutory Audit, Compliance of all covenants as per Bank Facilities 
·        Lead the Oracle upgrade team for up-gradation to Oracle Fusion resulting process automation. 
·        Wrote test cases for UAT testing, review UAT tests documents made by testing teams,
recommended changes 

Senior Financial Analyst

AIMS HEALTHCARE CO - Dubai
February 2015 to September 2016
·        Analyze variances in monthly financial performance reports for management reporting 
·        Provide valued added support to Management in key decision areas 
·        Prepare business forecast & review report for current concepts / projects under review by
management 
·        Initiate & complete the budgeting process with Business Heads and present it for management
approval 
·        Monitor & Evaluate current financial reporting systems & make recommendations for changes 
·        Monthly Overheads expenses analysis and detailed analysis vs. budget 
·        Design & Develop business models, management reports on Business Intelligence system –
Cognos 
·        Develop business specific financial models and tools to assist in budgeting & forecasting activity

Finance Manager – Accounts & Financial Reporting

ALPHAMED GENERAL TRADING - Dubai
May 2008 to February 2015
·        Prepared monthly MIS reports for monthly business review for HOD’s & top management 
·        Analyze Sales variance inline with trade spends vs budget and highlight corrective action 
·        Assist business heads in analysis of Sales, preparation of forecast, annual budget & growth plans
 
·        Review and verify monthly customer rebates, marketing support as per agreed customer
agreements 
·        Review receivables & payables follow up for collections of over-due outstanding, timely supplier
payments. 
·        Design & implement various policies & procedures to facilitate strong internal control as per
requirements 
·        Scrutinize the general ledger & sub-ledgers and taking corrective measures to rectify the
accounts, if required 
·        Handled fixed assets capitalization, monthly depreciation cycle & Inter-company reconciliations 
·        Prepared annual financial statements, schedules & notes as per IFRS and liaise with external
auditors 
·        Responsible for Internal audit for retails outlets, perpetual inventory counts & physical cash
control 
·        Lead the Oracle upgrade team for up-gradation of Oracle business suite to 11i, R12  
·        Wrote test cases for UAT testing, review UAT tests documents made by testing teams,
recommended changes  
·        Managed human resource objectives for finance team by recruiting, training, assigning role &
responsibilities. 
·        Managed team rotation, counseling, disciplining employees and motivating by team building
activities.

Chief Accountant & Credit Control Management

HUTCHINSON TELECOM - Dubai
February 2006 to April 2008
• Preparation of monthly Financial reports - Income Statement & Balance Sheet, Overheads Report,
Cash flow. 
• Providing Overheads Reports to Sales & Operations Departments (Logistics, Production & Marketing
Department) with Actual vs. Budget and variances thereof. 
• Performs monthly General Ledger Reconciliations, Accruals analysis, and P&L Variation analysis. 
·        Reviewing credit customer account opening application, recommend credit limit & terms for
approval. 
·        Liaising with the sales and receivable teams to resolve outstanding queries. 
·        Review monthly customer account reconciliations and report on major discrepancies to
management.  
·        Liaising with banks for application of various banking facilities. 
·        Prepare year end financial statements, co-ordinate with external auditors and share relevant
information for annual statutory audit of financial statements.

Education

CPA,CA (expected completion by April 2020) in Accounting, Auditing &

Taxation
CPA Ontario - Ontario
May 2019 to Present
MBA in Finance & Operation
S P Jain Center of Management - Dubai
2008 to 2010

Chartered Accountant (CA) in Accounting, Auditing & Finance

Institute of Chartered Accountants of India - Mumbai, Maharashtra
2000 to 2004

B.Com in Accounting & Commerce

Mumbai University - Mumbai, Maharashtra
1995 to 2000

Skills

Microsoft Office (10+ years), Excel Macros (7 years), Oracle (7 years), SAP (3 years), Power Tools (3
years)

Certifications and Licenses

CPA, CA - In Progress
Present

Additional Information

SOFTWARE SKILLS: 
• ADP Payroll, Oracle 11, 12 / 12R, Syspro 
• Microsoft Dynamics (GP) 
• QuickBooks & Tally ( 9.1 version) 
• BI - Hyperion, Cognos, SpringAhead