Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
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RIDHU RAVI

Victoria,BC

Summary

Confident and result oriented finance professional with over 8 years of experience in financial management and analysis. Skilled in financial reporting, budgeting, forecasting, variance analysis and cost accounting processes. Proven track record of driving cost savings and process improvements resulting in increased profitability and efficiency. Team oriented professional with strong analytical skills in search of a challenging position to utilize skill sets and provide an opportunity for professional growth.

Overview

8
8
years of professional experience

Work History

Senior Financial Accountant

Quest Tech Inc.
09.2021 - Current
  • Responsible for weekly forecasting, monthly financial reporting and financial closing
  • Conducting inventory verification project and reporting on a monthly, quarterly and annual basis
  • Review of inventory reserve and taking effective actions for obsolete/slow moving inventories
  • Efficiently managed A/R and A/P functions ensuring smooth cash flow and monitored bank account to optimize liquidity
  • Budget setting, tracking and reporting variance to the management
  • Developing and keeping track of cost sheets and BOM
  • Making timely adjustment is a system as required by the production team
  • Analysis of manufacturing costs and reporting the variances to the management
  • Responsible for budgeting process involving CAD 20 million
  • Responsible for posting multiple month end (CAPEX, FX, PPV) entries to close books of accounts
  • Responsible for performing reconciliation and reporting to the manager
  • Including review of bank reconciliation, intercompany accounts, vendor and customer accounts
  • Working closely with auditors and providing lead sheets to support the audit process
  • Conducted weekly check run for all vendors and suppliers
  • Filing all government remittances
  • Working closely with plant manager and other department executives to share reports and contribute to the strategic planning of future activities
  • Helping controller in closing month end accounts and other ad hoc activities.

Senior Accountant

Deloitte (Dubai)
08.2016 - 08.2021
  • Responsible for monthly close as well as maintaining GL, keeping track of client accounts, preparing trial balance and reconciliation entries
  • Played pivotal role in full cycle accounting and to ensure accuracy and integrity of financial records
  • Performs and coordinated all cycle and physical inventory counts and analyze the variance
  • Provide timely reports of variances between actuals and forecasts/budget and provide recommendations to the management where necessary
  • Reviewed cost center spending, capital expenses and following up with project owners for any accruals required to be posted
  • Played a key accounting role on various project teams ensuring the projects are completed in accordance with company guidelines and budgetary allowances
  • Developing working papers, reports and supplement materials for audits
  • Managed intercompany accounting, consolidation and margin analysis at client level
  • Working closely with finance controller and director of finance for financial closes and to identify and implement process improvements
  • Verification of books of accounts and ensuring compliance with financial guidelines, company policies and legal regulations (GAAP, IFRS and SOX Act).

Education

CPA Canada -

MBA in Finance -

Academy of Management Studies India
01.2016

Bachelor of Accounting and Commerce -

Bharathiar University, India
01.2014

Skills

  • Financial and operational analysis
  • Variance analysis and Inventory management
  • Financial statement analysis and reporting
  • Strong analytical skills, support operations through analysis of key performance indicators and trends
  • Understanding auditing methods, accounting principles, and database-management
  • Experience in QuickBooks, DBA, SAP and Oracle
  • Rapidly adapt to new technologies and possess expertise with MS Word, PowerPoint, Excel (pivot table, lookup formulas, macros, and other useful tools)
  • Good Knowledge in Accounting Standards IFRS

Accomplishments

  • Developed multiple customized reports for management to optimize resources and to take sound decisions
  • Successfully completed certification in international association of bookkeeping and SAP Accounting.
  • Successfully completed MBA with a 4 GPA.

Timeline

Senior Financial Accountant

Quest Tech Inc.
09.2021 - Current

Senior Accountant

Deloitte (Dubai)
08.2016 - 08.2021

CPA Canada -

MBA in Finance -

Academy of Management Studies India

Bachelor of Accounting and Commerce -

Bharathiar University, India

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RIDHU RAVI