Disha Jani

Took a planned break from employment to pursue professional development through online courses: IBM data management & AI for accountants.

Manufacturer of HRT & hair products

Reporting to the CEO & board of directors.

Key responsibilities:

FC & Accounts

• Weekly sales submission for the entity to Fagron plc.
• Lead the month-end processes on Xero, posting accruals and prepayments journals
• Stock management reports review & postings of journals.
• Conducted complex account reconciliations to uphold the accuracy of records. COGs with closing stocks & purchases.
• Reviewed internal controls and risk management practices to protect organisational assets, laptops, etc.
• Performed monthly reconciliations of bank statements and internal accounts to identify discrepancies.
• Sole responsibility of accounts payable
• Manage receivables,
• Revenue recognition from sales report generation on Excel. Extract data from sales software.
• Monthly management reports: income statement & financial position reports in accordance with UK GAAP & IFRS.
• Prepare monthly reports
• Ensuring compliance for four groups of companies.

Payroll
Overseeing monthly outsourced payroll for 2 companies.
Coordinate starters and leavers, salary increases, bonuses and overtime rates. SMP & P45s.
Review the prepared payroll reports and generate the BACS file transfer.
Post Xero payroll and adjust any journals for inter-company transactions.

Systems & Automation

• Automated invoice recording with Receipt Bank
• Managing the integration of Dext, Stripe, Pleo expenses app with Xero.

Team Management & relationships

• Collaborate with the banking relationship manager.
• Meet weekly/monthly deadlines by liaising with 2 staff members, assisting with the posting of invoices and expenses, and sales receivable reconciliations.

Year-end process & Compliance

• Collaborated with external accountants during financial reviews.
• Quarterly VAT reports submission for 2 entities.
• Follow tax payments as per compliance rules

• Motorsport business -World Rally Championship
• Reason for leaving - Ceased trading
• Managed financial reporting processes using Sage 200 to ensure accuracy and compliance.
• Assisted in mergers and acquisitions, contributing to successful business integrations.
• Administrative activities related to HMRC Withholding tax obligations- applications for authorisation & annual resident certification requests
• Initiated tax rebate on foreign sales under a double taxation treaty.
• Implemented internal controls on debt management to improve the accuracy and security of financial information.
• Taken on new tasks: quarterly commission reports.
• Sales ledger- Billing using Access database, Compliance with contractual agreements & Revenue recognition criteria
• Weekly debtor reports for the senior management team & maintained strong credit control & Bad debt provision
• Reconciliation of balance sheet accounts, bank accounts in £, €, $, suspense accounts