Shamsundar Bhalshankar
Reading,Shinefield
Summary
Results-driven accounting and finance professional with extensive experience in financial analysis and reporting. Proven ability to implement effective financial strategies that enhance organizational performance. Committed to leveraging skills to drive efficiency and establish new benchmarks in the finance sector. Detail-oriented Regional Management Accountant with expertise in financial reporting and compliance. Ensures timely and accurate financial statements while managing balance sheet reconciliation. Builds strong relationships with stakeholders, driving collaboration and supporting audit processes.
Overview
19
19
years of professional experience
Work History
Regional Management Accountant
Splendid Hospitality Group
04.2024 - Current
- Ensure that all reports issue in relation to the cluster hotels are timely and accurate.
- Responsible for Balancesheet control, including compliance of Balancesheet reconciliation monthly.
- Build meaningful relationships with all stakeholders and in particular Regional General Manager of the Cluster Hotels, the Finance Director.
- Support internal and external audits, implementing new control recommendations and ensuring compliance with existing policies and procedures.
- Approve all weekly & monthly payment runs.
- Prepare monthly P&L pack for Business reviews.
Management Accountant
Arcade Food Hall
09.2023 - 03.2024
- Managing Arcade Food Hall Restaurant Group for Financial activities
- Analyse weekly sales vs cost reports for payroll forecast every week.
- Prepare payroll cost analysis report based on sales & current work force to Head Office.
- Review & Upload Monthly Payroll, Pension & Supplier Payments.
- Review Balance sheets for monthly financial reviews.
Director of Finance
Canary Riverside Plaza Hotel
06.2023 - 09.2023
- Managing Canary Riverside Plaza Hotel for all Financial activities.
- Analyse weekly sales vs cost reports for payroll forecast every week.
- Prepare payroll cost analysis report based on sales & current work force to Head Office.
- Prepared Monthly VAT Returns.
- Processing payroll for 75 employees.
- Review & Upload Monthly Payroll, Pension & Supplier Payments.
- Review Balance sheets for monthly financial reviews.
Cluster Director of Finance
Schulte Hospitality Ltd
09.2022 - 06.2023
- Managing Graduate Oxford & Graduate Cambridge for all Financial activities.
- Analyse weekly sales vs cost reports for payroll forecast every week.
- Prepare payroll cost analysis report based on sales & current work force to report Owners in United States.
- Prepared Monthly VAT Returns.
- Processing payroll for 210 Employees in Oxford & Cambridge Hotel and report net variances to General Managers.
- Review & Upload Payroll & Supplier Payments on Bacs Payment Portal.
- Review Balance sheets for monthly financial reviews.
- Prepare monthly Cash Flow reports for P&L Reviews.
Management Accountant
Poke House
10.2021 - 08.2022
- Managing Restaurants across the London area for their Financial Reporting & Month End Closures.
- Analyse weekly sales vs cost reports for payroll forecast.
- Prepare payroll cost analysis report based on sales & current work force.
- Prepared Quarterly VAT Returns.
- Processing Managed Payrolls for multiple sites.
- Review Payroll submissions before submitting for processing.
- Review Balance sheets for quarterly financial internal audits.
- Prepare cash flow statement based on Inflow & Outflow transactions.
Management Accountant
Paperchase Accountancy Ltd
London
06.2021 - 09.2021
- Managing 7 Restaurants across the London area for their Financial Reporting.
- Analyse weekly sales vs cost reports for forecast.
- Consult with Restaurant Chefs & Operation Managers on weekly stocks & purchases.
- Processing Managed payroll for around six hundred employees.
- Prepare payroll cost analysis report based on sales for weekly P&L submissions.
- Prepare weekly flash reports for restaurant owners.
- Managed Bank reconciliation, supplier reconciliation with overseas accounts team.
- Review Profit & Loss, Balance sheet, Cash Flow Statements for monthly submissions to owners.
- Review Quarterly VAT Returns and submit on HMRC platforms.
- London UK
Cost Controller
DO&CO Airline & Catering Ltd
London
03.2020 - 06.2021
- Managing 3 cafes in Heathrow Airport & British Airways financial reporting.
- Oversaw Month End Process along with group revenue reporting.
- Liaised with all Cafe Managers & operation managers to control cost.
- Perform financial forecasting, reporting, and operational metrics tracking.
- Analyse financial data and create financial models for decision support.
- Report on financial performance and prepare for regular leadership reviews.
- Analyse past results, perform variance analysis, identify trends, and make recommendations for improvements.
- Work closely with the accounting team to ensure accurate financial reporting.
- London UK
Group Finance Manager
JMK Group
London
05.2019 - 03.2020
- Managing 5 Hotels within JMK Group as Group Finance Manager.
- Managing Cash Flow for Outgoing payments & Monthly Payroll.
- Liaised with all General Managers in terms of P&L results.
- Manage current Capex spending based on budgets for ongoing Projects.
- Liaise with the Revenue Team to evaluate actual & forecast performance for the month and for the whole year.
- Dealing with all Asset Management Contracts, Intercompany Postings between companies.
- Dealing Supplier & Contractors regarding monthly payment of projects related to invoices.
- Managing capital spends on projects in accordance with budget guidelines.
- Liaised with Banks & Project Manager's to approve all project related invoices.
- Post all payroll journals on monthly basis & Pay PAYE payments.
- Review all supplier payments before processing on final pay run.
- London UK
Assistant Financial Controller
Arora Hotels Group
London
06.2018 - 04.2019
- Managing Holiday Inn Express & Crowne Plaza Terminal 4 for 761 rooms.
- Reconciliation of Balance Sheet and managing the cash flow.
- Prepare & Review of P&L Statement for Owner Review and forecast analysis.
- Responsible for cost control, variance analysis.
- Consult with the Revenue Team to evaluate actual & forecast performance for the month and for the full year.
- Discussed P&L results with HOD & GM to analyse performance of revenue against cost & expenses.
- Reviewing prepayments, accruals, revenue, Assets, other expenses, and other profits.
- Day-to Day operations of all the accounting staff & assist them, if necessary, in any job-related matters.
- London UK
Financial Controller
Pestana Chelsea Hotels Group
London
03.2017 - 06.2018
- London UK
Management Accountant
Kew Green Hotel Group
London
06.2014 - 03.2017
- London UK
Assistant Financial Controller
Radisson Blu Edwardian Hotel Group
London
12.2007 - 06.2014
- London UK
Education
Master of Business Administration - Marketing
India01.2001
Skills
- MS Applications: Word, Excel, PowerPoint
- Property Management System: Fidelio, Opera, Micros, Brilliant, Guest Line
- Accounting Applications: Sage 50, Coda, Microsoft Navision, SAP, Microsoft Dynamics 365, Iscala
- Payroll Applications: My HR World, Ramco, Fourth Hospitality, SAP HR
- Budgeting
- Forecasting
- VAT returns
- Cost control
- Budget administration
- Audit coordination
- Cash Flow
- Financial management
- Budget development
- Preparing financial statements
- General ledger accounting expertise
- Processing payments
- Staff management
- Closing processes
- Pricing
- Costing
- Payroll administration
- Balance sheet reconciliation
- Cash flow analysis
- Financial forecasting
Custom Section
- Comprehensive Financial Analyst Training, EduCBA, Currently pursuing
- Master of Business Administration in Marketing, India, 2001-01-01, Approved by NARIC UK & Home Office UK as equivalent to UK MBA Degree
Websites, Portfolios and Profiles
https://uk.linkedin.com/in/sham-s-bhalshankar-8b03215b
Languages
Hindi
Advanced
C1
English
Advanced
C1
Interests
- Movies
- Football
- Cricket
- science Fiction
- Geo Politics
Timeline
Regional Management Accountant
Splendid Hospitality Group
04.2024 - Current
Management Accountant
Arcade Food Hall
09.2023 - 03.2024
Director of Finance
Canary Riverside Plaza Hotel
06.2023 - 09.2023
Cluster Director of Finance
Schulte Hospitality Ltd
09.2022 - 06.2023
Management Accountant
Poke House
10.2021 - 08.2022
Management Accountant
Paperchase Accountancy Ltd
06.2021 - 09.2021
Cost Controller
DO&CO Airline & Catering Ltd
03.2020 - 06.2021
Group Finance Manager
JMK Group
05.2019 - 03.2020
Assistant Financial Controller
Arora Hotels Group
06.2018 - 04.2019
Financial Controller
Pestana Chelsea Hotels Group
03.2017 - 06.2018
Management Accountant
Kew Green Hotel Group
06.2014 - 03.2017
Assistant Financial Controller
Radisson Blu Edwardian Hotel Group
12.2007 - 06.2014