Chintan Gala

🔹 Strategic Financial Finalization

• Led the end-to-end finalization of monthly, quarterly, and annual financial statements for multi-entity operations in compliance with IND-AS, IFRS, and US GAAP.
• Directed the financial closing calendar, ensuring timely and accurate finalization of accounts across global subsidiaries, with zero statutory delays.
• Oversaw the consolidation of financial statements across business units, ensuring accurate eliminations, intercompany adjustments, and equity accounting treatments.

🔹 Leadership & Team Oversight

• Designed and implemented robust review mechanisms and closing checklists to ensure accuracy, completeness, and internal control compliance during finalization.
• Acted as the primary liaison between the Finance, Tax, and Audit teams to ensure seamless coordination during finalization and audit cycles.

🔹 Audit, Compliance & Controls

• Spearheaded the statutory audit process by preparing audit-ready financials, schedules, and disclosures, resulting in clean audit reports with no material findings.
• Ensured compliance with tax provisions (TDS, GST, income tax), Companies Act, and internal financial controls (IFC) during finalization processes.
• Collaborated with internal auditors and risk management teams to assess and improve controls over closing and reporting.

🔹 Process Optimization & Automation

• Streamlined and automated finalization processes using ERP (Oracle, HFM, Navision) and advanced Excel models, reducing closing time by 40%.
• Implemented account reconciliation tools (e.g., Blackline) to standardize and automate closing workflows, increasing efficiency and accuracy.

🔹 Stakeholder Reporting & Insights

• Delivered finalized financials, with variance analysis, to the CFO and Board.
• Supporting strategic decisions and investor communications.
• Partnered with FP&A teams to align finalization outputs with forecasting models and financial KPIs.

🔹 Governance and Policy Development

• Developed and enforced group accounting policies, ensuring alignment with regulatory changes and best practices in financial finalization.
• Led finance transformation initiatives, improving the quality of close and financial transparency across the enterprise.

• Prepared financial statements and supporting schedules according to monthly close schedule.
• Analyzed revenues, margins, and general administrative expenses for accurate monthly recording.
• Managed end-to-end compliance for Dubai and South Africa regions.
• Led annual budget operating planning process to align financial goals.
• Mentored a team of 5 accounting professionals on ledger scrutiny and year-end closing activities.
• Monitored performance against budgets, implementing corrective actions based on trends.
• Assisted with internal and statutory tax audits, ensuring timely compliance with audit recommendations.
• Conducted inventory reconciliations to identify discrepancies in stock management.
• Many processes have taken place without any training or support.
• Having a 10-year US visa, I visited the US to handle a global audit that included over 20 companies and successfully completed the audit on time.
• Played an important role in the SAP implementation changes required for new.
• Company setup and FA register setup.

• Prepared accurate monthly, quarterly, semi-annual, and annual VAT returns to eliminate errors and penalties.
• Ensured global tax compliance for US sales tax, UK VAT, India SEZ, Australian GST, Canadian taxes, and EMEA VAT.
• Compiled VAT returns for over 20 countries, including all necessary documentation for India SEZ compliance.
• Executed SEZ compliance through completion of Form A1, Form A2, and Form A3.
• Collaborated with Indian vendors and accounts payable team to manage service tax exceptions.
• Conducted month-end journal entries for cost center reallocations and intercompany transactions.
• Forecasted cash flow monthly to ensure timely VAT payments.
• Coordinated with external advisors globally to align on tax compliance strategies.
• Best employee of Alexion in Q2 2016.
• Best employee of Alexion in Q2 2016.

• Prepared accurate quarterly VAT returns, eliminating errors and avoiding penalties.
• Executed month-end journals for cost center recharging and intercompany ledgers.
• Conducted monthly bank statement reconciliations, addressing discrepancies with general ledger.
• Corrected invoice processing errors, ensuring precise accounts payable entries.
• Performed trade count, head count, and expense variance analysis to enhance financial accuracy.
• Calculated VAT reclaims, optimizing recovery through strategic IT allocations.
• Achieved Best Team Award for 2013 as part of Powai VAT team.
• Completed Six Sigma project, earning certified yellow belt.

• Executed reconciliation of general ledger accounts, including profit and loss and suspense accounts.
• Investigated outstanding items and fraud cases, rectifying entries as necessary.
• Managed provision-related activities, including valuation of properties and passing related entries.
• Collaborated with collections, finance, credit risk teams, and external vendors for seamless operations.
• Reconciled write-off loan accounts, recorded losses, and settled loans in full.
• Delegated authority for preparing MIS reports, calculating FT's, capacity planning, budgeting, and departmental profit analysis.
• Calculated vouchers charged to business and validated vendor expenses.

• Executed reconciliation for five domains including Dealing, Distribution, Balance Sheet, Client Accounting, and SDRT per FSA regulations and UK GAAP.
• Performed reconciliation of various General Ledger Codes including Renewal Commission, Front-end Commission, Bank Charges, Interest, and Rebate accounts under Client Accounting.
• Conducted Balance Sheet reconciliations for Debtors, Creditors, RIF withdrawals, RSF Debtors, Debit Card Transactions.
• Managed reconciliation of Client Money accounts and solutions in accordance with FSA regulations.
• Processed payments to clients for compensation related to repurchase transactions.
• Migrated processes from IFDS (International Financial Data Services) in February 2010.
• Recognized as Best Employee at Syntel in Q3 2008 for excellence in speed.
• Awarded Best Employee at Syntel for Q1 and Q2 2009.