PRIYA VARSANI
Middlesex
Summary
Experienced management accountant with a proven track record in financial management, reporting, and process optimisation across diverse industries including design, healthcare, IT, manufacturing, and retail. Skilled in utilising accounting systems such as Sage Line 50, Xero, QuickBooks, and Exchequer to manage complex financial operations including cashflow forecasting, VAT returns, payroll processing, and year-end reconciliations. Adept at managing multi-currency transactions and overseeing subsidiary startups while ensuring compliance with regulatory standards. Demonstrates strong teamwork and leadership abilities by mentoring junior staff and collaborating with directors to deliver accurate financial insights. Career focus includes leveraging expertise in financial analysis and operational efficiency to drive organisational growth.
Overview
22
22
years of professional experience
Work History
Management Accountant
Studio Ashby Ltd
London, SW1H 0PY
03.2020 - Current
- Management Accountant reporting to FD– System used Sage line 50 & Xero.
- Managing parent company (Turnover around £6m) and subsidiaries companies, dealing with foreign currency transactions.
- Reporting to Operational Director, Finance Director, Retail director and external accountants (during Year end).
- Dealing with different income streams i.e commercial, residential and retail (Sister online sales).
- Assisting in Monthly Management accounts and Cashflow statements.
- Monthly Projects reconciliation and cash movement analysis across the banks. (current account and project bank account).
- Responsible for general ledger, sales ledger and purchase ledger duties.
- Month end reconciliation, Reconciling statements, bank reconciliation and aged debtors report.
- Quarterly VAT returns.
- Year end duties – Fixed asset register, reconciling project accruals, deferred income, debtors and creditors reconciliation, depreciation, Accruals/deferred income of all projects.
- Payroll duties – Liaising with external payroll agency.
- Liaising with Bank regarding any payment queries and fraud.
- Dealing with designers and architects regarding project inventory, reconciling their credit card statements.
- New subsidiary startups sage coding.
- Assisting FD in moving from Sage to Xero.
- Subsidiary company Sister by studio ashby Ltd (Retail sector- bespoke furniture, art, and accessories created and curated by Studio Ashby)
Management Accountant
Healthcare Learning Ltd
Farringdon, London
04.2013 - 03.2020
- Working in a team of 3 managing Junior sales ledgers clerk, Myself as a Management accountant reporting to FD.
- System used Sage and Xero.
- Month End Procedures taking accounts to Trial balance reporting to FD.
- Weekly Cashflow Forecast.
- Processing Purchase Invoices, Reconciling Supplier Statements, Reconciling Bank statements (UK and Foreign Accounts).
- Processing Payroll, Sales Commission and Posting Payroll Journals.
- Royalty Invoicing and Recurring Invoices.
- Sales analysis.
- Managing Junior Accounts Clerk.
- Credit Control.
- Reporting to Finance Director.
- Processing Credit Card and Staff Expenses.
Assistant Accountant
Cloud And Clear Ltd
Borehamwood, Hertfordshire
03.2010 - 12.2012
- Initially Started as Purchase Ledger Assistant Later Promoted as Assistant Accountant.
- Setting New Nominal Codes on Quickbooks and transferring Codes from powerquote.
- Maintaining and Monitoring Accounts; Trial Balance, Profit and Loss and Balance sheet.
- Month End Procedures Reconciling Purchase Ledger, Sales ledger and Statements.
- Reconciling Historic Improper Accounts, Investigating and resolving queries efficiently.
- Investigating omitted Balances on Ledgers with a successful outcome.
- Fully responsible for all Purchase Invoices, Sales Invoices and to ensure all suppliers are paid on a timely manner.
- Mapping Purchase Invoices and identifying costs are Charged to Customers and Invoiced.
- Reviewing Aged Debtors and Creditors Report.
- Managing Sales Ledger Department and Training staff how to process sales Invoices.
- Processing and reconciling Employee and Directors Expenses.
- Processing and reviewing payroll and other finance functions such as fixed asset register, monthly bank and accounts reconciliations, accruals, prepayments and taxes.
- Prepare and submit PAYE/NI, quarterly online VAT returns and liaise with HMRC.
- Allocating and monitoring of each commission claimed by Sales Team as per invoices paid and unpaid Invoices.
- Responsible for ensuring that departmental processes and documentation is kept up to date and adheres to agreed standards.
- Producing Reports for Finance Director.
- Preparing Budgets, Cash Forecast.
- (IT Industry – Providing IT Services and Cloud Computing)
Accounts Assistant
Chase Signs Ltd
South Acton, London
08.2006 - 03.2010
- Working In a small team of accounts of 3; Finance Director, Purchase Ledger and Myself as a Sales Ledger Assistant.
- Sales Ledger and Credit Control Duties.
- Posting Sales day book, credit notes and receipts to the Sales Ledger.
- Reporting monthly Sales reports, aged debtors to the Financial Director.
- Chasing payments via phone and email.
- Payroll Duties.
- Processing Payroll for the factory workers and sites based Fitters.
- Preparing weekly timesheets and processing on Win TA and Exchequer Payroll software.
- Preparing monthly payroll summary on Spreadsheet for audit purpose.
- Dealing with HMRC Queries.
- Other Duties.
- Assisting Purchase ledger clerk with Invoices and reconciling statements.
- Manufacturing Signage and Installation Industry
Sales Assistant
Comet
Wembley
06.2004 - 03.2008
- Customer service.
- Working in the Stock room.
- Making sure the store looks presentable and tidy.
- Cash handling and working on the tills.
- Administration work in back office such as banking.
Education
The Association Of Chartered Certified Accountants( Part Qualified ACCA) -
London School of Business and Finance
London, UK01-2012
BA(Hons) - Accounting and Finance
Middlesex University
Hendon, London, UK01-2006
GCE A- Levels - Pure Mathematics, Business studies and Accounts
Shree Swaminarayan Academy
Mombasa, Kenya01-2003
GCE - O Levels - Accounts, Ordinary Mathematics, English Language, Gujarati, Commerce, Chemistry
Shree Swaminarayan Academy
Mombasa, Kenya01-2001
Skills
- Team work
- Persuasion
- Computing
Accomplishments
- 2024, Participated in the charity walk in aid of St Lukes Hospice and Welldon activity group.
- 2021, Implemented internal controls and streamlined processes across finance going paperless at Studio Ashby Ltd.
- 2018, Played a key role in resolving incomplete and inaccurate accounting records at Healthcare Learning Ltd.
Languages
English
Gujarati
Kiswahili
Conversational Hindi
References
Available Upon Request.
Hobbies and Interests
Active member of Temple social group and voluntary services., Pure Gym membership, Zumba and dancing., Volunteered for fundraising for blind, deaf and orphan children.
Timeline
Management Accountant
Studio Ashby Ltd
03.2020 - Current
Management Accountant
Healthcare Learning Ltd
04.2013 - 03.2020
Assistant Accountant
Cloud And Clear Ltd
03.2010 - 12.2012
Accounts Assistant
Chase Signs Ltd
08.2006 - 03.2010
Sales Assistant
Comet
06.2004 - 03.2008
The Association Of Chartered Certified Accountants( Part Qualified ACCA) -
London School of Business and Finance
BA(Hons) - Accounting and Finance
Middlesex University
GCE A- Levels - Pure Mathematics, Business studies and Accounts
Shree Swaminarayan Academy
GCE - O Levels - Accounts, Ordinary Mathematics, English Language, Gujarati, Commerce, Chemistry
Shree Swaminarayan Academy