Bhargav Bhatt
Mississauga
Summary
MBA Finance with experience in handling financial activities of the organization like Financial Reporting, Financial Analysis, General Ledger, Budgeting & Forecasting, FP&A, Control & SOX Compliance. Assessed Financial Performance & made suggestion for reallocation through perceptive management reporting by showing engagement and collaboration with stakeholders. Outstanding understanding and demonstrated track record of improving financial performance of the organization, optimize productivity, business partnering & risk mitigation though internal control. Recipient of Diageo Kaliber Award for showing excellent input for process improvement & Vodafone Superstar award for highest numbers of overseas project in first 3 years of career. Six Sigma Yellow belt trained. Proficient in advanced Excel, SAP FICO ERP, Oracle Hyperion Financial Management Tool – Essbase/Smartview, Business Finance Consolidation, Power BI, Tableau & Powerpoint. Dedicated team player, quick learner, responsible, self-motivated with strong interpersonal and communication skills. Enrolled for CPA PREP
Overview
13
13
years of professional experience
Work History
Senior Accountant
Magna International
01.2024 - Current
- Prepared monthly journal entries and reconciliations.
- Reconciled accounts and created documents for monthly closure procedures.
- Reviewed documents and accounts for discrepancies and resolved variances.
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
- Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
- Assisted in internal and external audits by preparing necessary documentation and responding to auditor inquiries.
- Completed year-end closing processes with controllers and external auditors.
- Analyzed financial statement discrepancies, identifying issues, and recommending corrective actions to prevent future occurrences.
- Spearheaded a team of junior accountants, providing mentorship and guidance to improve efficiency and accuracy in their work.
- Ensured regulatory compliance with GAAP standards by staying current on updates and integrating changes into accounting practices as needed.
Senior Accountant – Cash & Reporting
Hiram Walker & Sons Limited
05.2022 - 10.2023
- Company Overview: A Pernod Ricard Company
- Maintaining strong communication with other finance team members on issues relating to cash management reporting, financial processes, policy, team and customer issues
- Preparing cash flow for North American entities at both the regional and reporting unit level for actuals, budgets, and forecasts
- Helping in developing local liquidity forecasts consistent with assumptions use for longer term budgets and estimates
- Gathering inputs from business and other key stakeholders when developing budgets and forecasts and estimates working capital impacts along with maintaining integrated cash flow models
- Drafting cash commentaries for actuals, budgets, and forecasts for organization
- Continuedly tracked billing against the customer receipt, Forecasted the customer receipt on the basis of receivable schedule and allocated client in line with IFRS15
- Monthly GL balance sheet reconciliation, verifying backups and requested changes as required
- Prepared year-end financial statements in line with GAAP & IFRS guidelines
- Ad-hoc cost center analysis (CAPEX & OPEX) and other projects
- Ad-hoc requests and special projects, as required
- A Pernod Ricard Company
Finance Clerk
Government of British Columbia
06.2021 - 05.2022
- Company Overview: Ministry of Transportation & Infrastructure
- Gathers and processes day-to-day financial transactions, including preparation of journal entries and entering contract information into CAS Oracle
- Provides budget development support by working directly with different sources of information and incorporating changes to Chart of Accounts, project codes and linkages
- Posting and verifying transactions including purchase order, invoices, Cheque requisition and other monthly invoices
- Gathered budget information and prepared monthly/quarterly expense & revenue forecast
- Performed analysis comparing forecast with actuals and made necessary changes
- Prepares weekly and monthly payments to suppliers, creates EFT file for transfer to bank and sends out payments
- Manage whole Invoice process for organization including whole AP module
- Researches, verifies and assesses accuracy of information and processes and resolves or escalates issues as needed
- Coordinates the projections for FTE utilization including allocation by client area and forecasting FTE requirements
- Retrieves transactional details from system, group and gather information for reporting and analysis
- Monthly Balance sheet reconciliation
- Monthly GST/HST filing along with Pension filing
- Ministry of Transportation & Infrastructure
Financial Controlling Specialist
Diageo
02.2017 - 02.2020
- Company Overview: India
- Prepared Financial statements with reviewing Balance sheet and Income statement monthly with Senior management along with other stakeholders
- Supported FP&A team to prepare the Annual Operating plan for different entities for OPEX/CAPEX
- Performed Quarterly, Half yearly and yearly internal and external audit with different stakeholders
- Daily, weekly and monthly SOX controls validation and monitoring
- Resolve ICO mismatch and Bailment Reconciliation for North American Entities
- Compared Budgeted OPEX/Revenue with actual & forecasted value for entities and suggested reallocation adjustment within organization by doing Variance Analysis
- Assisted Fixed Asset team to streamline AUC process of entity in quality manner
- Prepared year-end financial statements in line with GAAP & IFRS guidelines
- Ad-hoc cost center analysis and other projects
- Data consolidation using financial systems and advance excel function
- Ad hoc financial analysis during month end
- India
Senior Financial Analyst
Vodafone India Services Pvt Ltd
08.2011 - 02.2017
- Company Overview: Pune, India
- Managed General Ledger by posting month end journal entries like accrual, amortization, adjustment, Foreign Exchange Revaluation etc
- Reconciliation of sub ledger and external systems to general ledger, month end reporting & Analysis
- Handled Accounts Payable by posting PO-Non PO based invoices and managed end to end invoicing process
- Examined PO to make sure GR is completed accurately
- KPI submission as per the define areas of different indicator
- Half yearly & yearly internal/external Audit and QA reviews including monthly SOX Control Validation
- Formulated monthly GL Balance sheet reconciliation for all the Balance sheet items including cash reconciliation
- Contributed towards implementation of accounting standards and policies along with improvement plan
- Worked on ICO reconciliation to avoid the mismatch between different entities within organization during Financial Reporting
- Recommended the process improvement plans to simplify it within finance department for different entities of the organization
- Pune, India
Education
Diploma -
London School of Business & Computing
MBA - Accounting & Finance
University of Hertfordshire
01.2011
Bachelor of Commerce - Accounting & Auditing
Gujarat University
01.2009
Skills
- Advanced Excel
- SAP FICO ERP
- Oracle Hyperion Financial Management Tool
- Essbase
- Smartview
- Business Finance Consolidation
- Power BI
- Tableau
- Powerpoint
- Team player
- Quick learner
- Responsible
- Self-motivated
- Interpersonal skills
- Communication skills
- Variance Analysis
- Cash Flow Management
- IFRS Compliance
- Balance sheets
- General Ledger
- Cash Analysis
- ERP Software
Languages
English
Full Professional
Gujarati
Native or Bilingual
Hindi
Native or Bilingual
Timeline
Senior Accountant
Magna International
01.2024 - Current
Senior Accountant – Cash & Reporting
Hiram Walker & Sons Limited
05.2022 - 10.2023
Finance Clerk
Government of British Columbia
06.2021 - 05.2022
Financial Controlling Specialist
Diageo
02.2017 - 02.2020
Senior Financial Analyst
Vodafone India Services Pvt Ltd
08.2011 - 02.2017
Diploma -
London School of Business & Computing
MBA - Accounting & Finance
University of Hertfordshire
Bachelor of Commerce - Accounting & Auditing
Gujarat University
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