Amit Parekh

Controller

Role
Financial Controller at Adura
Location
Buena Park, CA, US
LinkedIn followers
500 followers
Finance & AccountingView LinkedIn profile

About Amit Parekh

EXECUTIVE SUMMARYAccounting and Finance professional with experience in nutraceutical, biotech manufacturing and distribution industry in both the public and private sectors. Key strengths include thorough knowledge of financial statements, including worldwide consolidations, month end closing and account analysis. Other strength includes strong interpersonal and communication skills, sound analytical, problem solving capabilities, and a proven track record of working cross functionally within the organization to drive process improvement. AREAS OF EXPERTISE • SEC & Financial Reporting • Financial Statements • International Consolidations • Multiple Currency • Sarbanes-Oxley • Budget Analysis • Staff Management • Financial Analysis • Cost Accounting

Experience

  1. Financial Controller

    Adura

    Oct 2020 — Present · Corona, CA, US

    Prepare timely monthly financial statements for multiple entities, enhancing financial transparency and accountability.• Oversee accounting operations, including A/R, A/P, cost accounting and inventory accounting, leading to a 15% reduction in processing time and 10% improvement in cash flow management.• Lead month-end close processes, achieving 100% on-time closures and reducing reconciliation discrepancies by 20% through rigorous account reconciliation and cash management.• Perform timely and accurate budgets and forecasts including 13-week cash flow forecast besides documenting business process and accounting policies (ASC 606 & ASC 842) to strengthen internal controls.• Track labor cost, material cost, manufacturing overhead, distribution cost, returns and inventory levels, resulting in a 20% improvement in cost tracking and a 15% reduction in overhead expenses

Education

  • University of Mumbai (INDIA)

    Bachelors in Accounting, Accounting and Finance

  • Wallstreet Prep

    Certificate in Mergers & Acquisitions, Investment Banking

  • University of Phoenix

    Masters in Business Administration, Finance

    2011 — 2013

  • CPA Candidate

    Accounting and Finance

  • University of Phoenix

    Bachelor of Science, Accounting (2004)

    2001 — 2004

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