Ruchi Chabhadiya

Dedicated and results-driven finance professional with over five years of experience across financial reporting, revenue recognition, and regulatory compliance. As an ACCA Affiliate and Chartered Accountant with a recent MSc in Accounting & Finance from Kingston University London (completed with distinction), I bring a strong foundation in IFRS 15, UK GAAP, ASC 606, and financial process optimization.

My expertise includes leading month-end closings, variance analysis, budgeting, cost analysis, and process automation. I have successfully managed key projects like the migration from Oracle PeopleSoft to SAP S4 HANA, resulting in increased accuracy and streamlined financial operations for €55M in monthly revenue. I have supported high-impact financial initiatives across global markets, including the US, UK, Canada, Singapore, and India, providing actionable insights for senior management and executive decision-making.

Core competencies:

* Financial Reporting & Revenue Recognition (IFRS 15/ASC 606)
* Budgeting, Forecasting & Cost Analysis
* Financial Process Automation & System Migrations
* Advanced proficiency in Excel, Power BI, SAP S4 HANA, and Oracle PeopleSoft

Passionate about continuous improvement and financial accuracy, I am always eager to leverage my skills to contribute to dynamic teams and drive strategic financial growth.

• CJ Patel. Co, United Kingdom Accounts Assistant Part Time, London
  Jan 2024 - Sep 2024
  Prepared accurate trial balances and VAT summaries for multiple clients, ensuring timely VAT  payments.   Assisted in generating financial statements and conducting bank reconciliations for various clients.
   
• Link Group, India
  Senior Financial Accountant, Mumbai
  Aug 2022 - Aug 2023
  Transitioned seamlessly into the role of Corporate Market UK Financial Accountant, demonstrating adaptability and achieving measurable success in financial operations.
  Led month-end close processes for the Treasury Business Unit, including revenue recognition, cost allocations, and accruals, consistently meeting deadlines under high-pressure conditions.
  Automated financial processes by collaborating with the automation team, streamlining revenue recognition, and reducing manual input errors, resulting in a faster month-end close.
  Prepared and processed critical financial documents, including accruals, deferred income, prepayments, and general journal entries for multiple group entities, ensuring compliance with IFRS and UK GAAP standards.
  Reconciled balance sheets for six entities, enhancing data accuracy and financial integrity, providing clear, actionable financial insights to support cost accounting and strategic planning.
  Performed detailed variance analysis of actual vs. forecasted results, delivering data-driven commentary that directly influenced senior management decisions and improved overall financial performance.
  Reviewed and ensured the completeness of board packs, facilitating clear and effective communication with executive teams for strategic decision-making.
   
• Atos Syntel, India
  Revenue Specialist, Mumbai
  Jul 2019 - Aug 2022
  Led the successful system migration from Oracle PeopleSoft to SAP S4 HANA, improving financial reporting accuracy and process efficiency across global entities, ensuring minimal disruption during the transition.
  Consolidated revenue reporting for Syntel entities across the US, UK, Canada, Singapore, and India, ensuring accurate and timely reporting for €55 million in monthly gross revenue.
  Prepared detailed MIS reports including customer-wise revenue analysis, unbilled revenue reports, and variance analysis, which provided key insights for revenue optimization strategies.
  Conducted comprehensive exchange rate impact analysis on revenue monthly, quarterly, and annually, improving financial forecasting and global financial management accuracy.
  Managed revenue recognition for fixed and time-material projects in compliance with ASC 606/IFRS 15, ensuring accuracy and adherence to financial standards.
  Identified and corrected €2 million in accruals for UK and US entities, enhancing financial accuracy and reducing errors in financial reporting.
  Supported the finance team with detailed variance analysis, comparing actual vs. forecasted revenue, and provided commentary to guide senior management decisions.
  Assisted in month-end closure processes and prepared general ledger reconciliations, maintaining data accuracy and integrity across multiple entities.
  Trained and mentored junior staff, increasing team productivity through hands-on training on revenue recognition and IFRS compliance.
  Collaborated with statutory and internal auditors to ensure compliance with financial standards and facilitated a smooth audit process.
   
• Chaturvedi & Patel, India
  Sept 2013-Jun 2018
  Trainee Accountant, Mumbai
  Filed Income tax, TDS, VAT Returns, Profession tax, Service tax returns with utmost accuracy and adherence to regulations.
  Contributed as a core team member in engagement teams for Statutory audits, Stock Audit, and Tax audits for clients across diverse industries and computer processing environments.
  Analyzed and prepared Financial Statements, providing valuable insights into financial performance. Handled preparation and uploading of E forms of MCA, ensuring seamless regulatory compliance.

• Kingston University, London, London, United Kingdom, MSc in Finance & Accounting, Jan 2023 - Dec 2024 Graduated with Distinction
• Association of Chartered Certified Accountants, London, London, United Kingdom, ACCA, Jan 2023 - Dec 2024 
• Institute of Chartered Accountants of India, Mumbai, India, Chartered Accountant, Jan 2012 - Jun 2018 
• University of Mumbai, Mumbai, India, Bachelor of Commerce, Jan 2012 - Jun 2015