Piyush Patel

Accounting Consultant

• Research, consult, and advice on financial transactions when requested by client. Recommend methodologies with respect to foreign trade, letters of credit, bills discounting, etc. Responsible for the daily management of Accounts Payable and Accounts Receivable departments. Conducting, Collecting, and analyzing hedge forward Sales with commodity exchange to Identify company's needs and factors by Using the hedging techniques in order to Reduce the exposure of different types of Risks. Responsible for the monthly close as well as maintenance of all accounting ledgers including monthly review of all account reconciliations and journal entries. Preparation of all financial reports, including Profit and Loss Statement, Balance Sheet and Statement of Cash Flows, as well as the year-end financial reports. Provide timely explanations of variances between actual results and forecasts/budgets; provide corrective action recommendations to management, where necessary. Oversee the General Accounting processes of Inter-company, Fixed assets and Accounting and financial reporting of all entities. Coordination with controller about hedging and fixing the open prices on material.