Mitali Mahesh Mehta

• Evaluated contracts and new sales orders, ensuring proper revenue treatment and alignment with billing processes
• Reviewed and validated new contract terms in Sage, ensuring accurate setup of invoice amounts, frequency of renewals, and termination clauses
• Managed daily maintenance of billing files to ensure accuracy and consistency
• Conducted detailed review of customer invoices generated in Sage, ensuring alignment with billing file data
• Analyzed deferred revenue schedules and roll-off reports, supporting accurate recording of deferred revenue balances
• Monitored anticipated versus completed invoice statuses, identifying and resolving discrepancies or exceptions
• Performed key balance sheet reconciliations, ensuring financial accuracy and compliance
• Actively managed customer collections by coordinating with sales teams and customer accounts payable departments to ensure timely payment of invoices
• Assisted with processing and posting A/P invoices, including obtaining necessary A/P approvals
• Reviewed and processed employee reimbursements in a timely manner
• Fostered strong relationships between finance and business teams, resolving issues and facilitating smooth operations
• Identified process improvement opportunities, proactively addressing variances and driving initiatives to streamline and enhance financial processes
• Assisted in annual audit preparations, ensuring a smooth process with no major discrepancies found.
• Managed relationships with external auditors effectively ensuring positive outcomes during annual audits.
• Collected and reported monthly expense variances and explanations.
• Oversee month-end and year-end closing processes, ensuring all journal entries and account reconciliations are completed accurately and on time.
• Review and analyze financial transactions, identifying discrepancies and recommending corrective actions to improve financial accuracy.
• Manage accounts payable and receivable, ensuring timely processing of invoices, vendor payments, and collections.
• Collaborate with other departments to improve financial processes and enhance overall operational efficiency.

Key Achievements:

• Bagged Above Beyond Call of Duty Award(ABCD award) for collecting aged receivables which were already classified as bad debts

• Actively participate in month end close process
• Prepare journal entries including complex transactions and accounting estimates
• Prepare monthly financial reports in accordance with policies
• Maintain accurate financial records by performing timely and complete reconciliations of financial records and systems
• Ensure compliance with GAAP, internal controls, and statutory reporting requirements
• Prepared financial statements, providing insights into financial health.
• Reconciled bank statements to ensure alignment with company records.
• Enhanced budgeting processes by developing detailed forecasts and variance analyses.
• Conducted financial analysis to support business growth initiatives.
• Provided financial insights, aiding in cost-saving measures and efficiency improvements.
• Collaborated with cross-functional teams to support financial planning and analysis.
• Reconciled accounts and reviewed expense data, net worth, and assets.
• Gathered financial information, prepared documents, and closed books.
• Streamlined month-end closing processes, resulting in reduced time spent on financial reporting tasks.
• Collaborated with external auditors during the annual audit process to provide necessary documentation and address any concerns or findings promptly.

• Contributed to improved cash flow by effectively managing aging receivables reports and initiating timely collection efforts.
• Supported accounts receivable department in reconciling customer accounts, ensuring accurate payment application and prompt resolution of discrepancies.
• Enhanced customer relationships through professional communication and negotiation skills, resolving disputes and ensuring timely payments.
• Streamlined collections processes for increased efficiency, resulting in faster payments and reduced outstanding receivables.
• Maintained accurate records of all collection activities, providing regular updates to management on the status of outstanding accounts.
• Collaborated closely with other departments to resolve billing discrepancies or disputes that could lead to late payments or non-payment situations.
• Processed payments and applied to customer balances.

• Lead the development, preparation, and management of annual budgets, quarterly forecasts, and long-term financial models to support strategic decision-making.
• Prepare monthly/quarterly financial reports and variance analysis, providing senior management with actionable insights into financial performance, trends, and risks.
• Collaborate with cross-functional teams (operations, sales, and marketing) to align financial strategies with business objectives, ensuring optimal resource allocation.
• Conduct detailed financial analysis, including profitability assessments, cost optimization opportunities, and ROI calculations for new projects.
• Develop and maintain financial dashboards to track KPIs and provide real-time visibility into business performance.
• Perform scenario analysis to assess the financial impact of business strategies and provide recommendations to management.
• Contribute to the planning and execution of strategic initiatives, helping guide business decisions on investments, cost reductions, and expansion.
• Lead the financial consolidation process, ensuring accuracy and consistency across departments for corporate-wide reporting.

• Lead the financial planning and analysis function, overseeing the preparation of annual budgets, quarterly forecasts, and long-term financial models.
• Partner with senior leadership to align financial strategies with business objectives and ensure resources are allocated effectively across departments.
• Manage a team of finance professionals, providing guidance and mentorship to foster career development and improve team performance.
• Prepare and deliver monthly, quarterly, and annual financial reports, highlighting key trends, risks, and opportunities to senior executives.
• Perform variance analysis to monitor performance against budget and forecasts, providing actionable insights for senior management.
• Develop and implement financial policies and controls to ensure compliance with internal guidelines and regulatory requirements.
• Lead cash flow and working capital management efforts, ensuring the organization maintains optimal liquidity levels.
• Support strategic initiatives, including acquisitions, cost-reduction programs, and business expansion plans.

Key Achievements:

• Bagged Outstanding Commitment of the Year Award for 3 consecutive years for excellent performance throughout the year
• One Woman Army Award for independently completing multiple tasks within stipulated time
• Perspire Award for dedicatedly completing a successful due diligence exercise for investors
• Independently implemented VAT in the GCC region for the subsidiary company & filed returns for the newly implemented VAT
• Brought in greater financial control by establishing balance sheet and cash flow forecasting models