Summary
Overview
Work History
Education
Skills
Accomplishments
Tools
Languages
Timeline
Generic

Neha Davakhar

London,ENG

Summary

A dedicated, qualified accountant with 7+ years of experience in accounting and finance. My recent completion of an MSc in Banking and Finance from Brunel University London further strengthens my expertise, equipping me with advanced industry knowledge and a global perspective. My vision is to bring a versatile atmosphere to the organization with a positive posture and improve efficiency.

Overview

12
12
years of professional experience

Work History

Management Accountant

Dataquest
10.2023 - Current
  • Reviewed management accounts and supported the Finance Controller in the preparation of financial statements for 2 Entities with improved reporting timelines by 20%
  • Management of cash flow operations, improving liquidity visibility and a 15% reduction in idle cash
  • Prepared VAT returns and provided accurate and timely data to VAT authorities ensuring 100% accuracy
  • Performed general ledger reviews, including accruals, prepayments, and revenue and balance sheet reconciliations, reducing month-end close timelines by 20%
  • Supported internal and external audits by delivering 100% of requested documentation ahead of deadlines
  • Oversaw end-to-end accounts payable process, resolving complex aged balances and reducing outstanding liabilities by 30% in 3 months
  • Assisted in budget preparation and conducted variance analysis to compare actual performance against budgeted figures

Financial Accountant

FedEx
05.2021 - 08.2023
  • Managed lease accounting for APAC (China, Singapore, Thailand), reviewing 60+ contracts and classifying leases in compliance with IFRS 16 and ASC842
  • Supported month-end close with 50+ journal entries, variance analysis, and exception reporting, reducing close time by 15%
  • Conducted cash management and reconciled 6 EU region bank accounts (Switzerland, Germany, Norway), ensuring 100% accuracy
  • Partnered with the Accounts Payable team to enhance payment cycle efficiency, achieving a 60% reduction in transaction rejections
  • Prepared and analyzed 40 balance sheet reconciliations, ensuring compliance and identifying 100K+ in discrepancies
  • Ensured 100% adherence to SOX controls and relevant regulatory requirements across APAC and EU regions

Deputy Manager

IIFL Securities Limited
07.2020 - 04.2021
  • Managed cash flow and fund flow operations, including daily banking transactions and vendor/statutory payments
  • Ensured margin requirements were met across exchange market portals
  • Strategically invested excess funds in fixed deposits, mutual funds, and bank guarantees
  • Coordinated with banks on funding needs, facility rollovers, and limit renewals, securing INR 500 million + in credit lines
  • Submitting stock statements to the Bankers on a timely basis to ensure maintenance of Drawing Power

Deputy Manager

IIFL Finance Limited
08.2017 - 06.2020
  • Managed Loan Against Securities and Real Estate Lending portfolios for HNI clients of INR 30 billion, optimizing credit appraisals and proposal presentations
  • Streamlined end-to-end loan book management, overseeing disbursal's, collections, closures, and accurate accounting
  • Performed audits, variance analysis, and TDS/income reconciliations to ensure financial accuracy and prevent revenue leakage
  • Monitored and reviewed SMA accounts and post-disbursement activities, effectively mitigating risks, ensuring timely resolution, and reducing bad debts by 25%
  • Collaborated with the technology team to implement system enhancements, ensuring compliance with regulatory audits and delivering timely reports

Article Assistant

B.K. Patwardhan & Co Chartered Accountants
02.2013 - 06.2016
  • Designed and executed audit programs, performing statutory and tax audits for firms and corporate entities, ensuring full compliance with applicable regulations
  • Prepared income tax computations, filed returns, and managed TDS filings and corrections, including Form 15CA-CB submissions
  • Managed multiple client accounts, maintaining positive relationships and delivering exceptional service.

Education

Master of Science - Banking and Finance

Brunel University London
London, ENG
01.2025

Chartered Accountant - Accounting And Finance

The Institute of Chartered Accountants of India
India
05.2017

Bachelor of Commerce - Finance

Mulund College of Commerce (Mumbai University)
India
03.2014

Skills

  • General Ledger Management
  • Balance Sheet Reconciliations
  • Accounts Payable
  • Variance Analysis
  • Budget Support
  • Financial Reporting
  • Cashflow Forecasting
  • Audit Management
  • Management Reporting

Accomplishments

  • Automated Loan Book Management, saving 500 hrs annually and streamlining audit/reporting processes.
  • Improved product loan integrity by eliminating dummy entries and reinstating contract-level data.
  • Awarded Bravo Zulu for a key role in the Lease Accounting transition from APAC COE to iCOE.
  • Cleared 1000+ AP and bank reconciliation items, ensuring accurate financial records in 3 months.
  • Reduced payment returns by 60% through root cause analysis in the Returned Payments Project.
  • Accelerated cashflow forecasting efficiency by 30%, enabling faster decision-making and better liquidity planning.

Tools

MS Office

Outlook

Sage 200

Oracle

Solarvista

Peoplesoft

Languages

English
Advanced (C1)
Hindi
Advanced (C1)

Timeline

Management Accountant

Dataquest
10.2023 - Current

Financial Accountant

FedEx
05.2021 - 08.2023

Deputy Manager

IIFL Securities Limited
07.2020 - 04.2021

Deputy Manager

IIFL Finance Limited
08.2017 - 06.2020

Article Assistant

B.K. Patwardhan & Co Chartered Accountants
02.2013 - 06.2016

Master of Science - Banking and Finance

Brunel University London

Chartered Accountant - Accounting And Finance

The Institute of Chartered Accountants of India

Bachelor of Commerce - Finance

Mulund College of Commerce (Mumbai University)

Similar Profiles

CREATE PROFILE
Neha Davakhar