Accounting Real Estate

*** ****** **** *** * San Jose, CA *****

S HILPI D ESAI 480-***-**** ò ***********@*****.***

F INANCIAL A NALYST ò S ENIOR A CCOUNTANT

F inancial E xpertise ò A ccounting ò B usiness Development ò S olution Focused

Accomplished and integrity-driven Financial Professional with over 10+ years of experience and enormous success

within accounting, finance and business management. Recognized as a leader with strengths in accounting,

auditing, bookkeeping, analysis, financial management, business development and tax preparation and reporting.

CORE COMPETENCIES

Financial Accounting & Reporting Auditing Financial Analysis

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Consolidation System Implementation Business Development

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Growth/Innovation Strategy Multi-Task/Prioritize Effectively Forecast & Budgets

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Streamline Processes Interpersonal Skills Tax Planning & Prep

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PROFESSIONAL EXPERIENCE

Aura Weavers ò Baby Product Company ò August 2011 – Present

Finance

Incorporated and developed a brand new business by evaluating business needs. Established corporate strategy and

managed all financial and accounting functions to drive business development across the entire US.

Ø Conceptualized and created a strategic business plan that helped clarify company's vision.

Ø Led product launch, PR and tradeshows, pricing, contract negotiation, website development, US business

development as well as ecosystem partnerships for capturing new market segments based on emerging

quality standards.

Ø Successfully managed cross-functional activities across various geographical locations that led to placement

of product portfolio in 50+ high-end baby boutiques within first 2 years.

Ø Proactively examined market conditions, the nature of customers, competition, sales potential, and

projected results as well as profitability analysis that led portfolio expansion to multiple products.

Ø Efficiently managed all accounting close activities, variance analysis, and tax planning & preparation.

Ø Developed cash flow projections to help manage daily cash, and develop the necessary capital strategy.

Ø Established billing and collection procedures that maximized cash flow.

Ø Tracked revenues and expenses that improved operating performance of business by 30% expense

reduction.

Ø Monitored actual performance against forecast & budgets to analyze material variances and identified

trends that helped boost the overall sales.

Marcus & Millichap Real Estate Investment ò May 2008 – May 2010

Senior Corporate Accountant

Owned financial reporting, auditing and adhoc projects for the subsidiary with an asset base of more than $300

Million. Reported directly to the Controller.

Efficiently managed end-to-end close functions, including consolidation reporting and management

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reporting for the financial package.

Streamlined accounting procedures that enabled team to reduce the accounting close cycle by 3 days.

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Accurately prepared and reviewed the year end audit schedules and facilitated effective communication

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being the primary contact for the external auditors, leading to reduction in the audit adjustments by 30%.

Company Reconciliations that had not been completed for 2 years were identified and implemented journal

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entries to ring all differences to zero, enabling them to eliminate in the next audit.

Reviewed the loan agreements and effectively completed CAPEX project that released more than $500k of

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company’s funds.

Developed quicker mapping in formulated spreadsheet by using pivot table, saving over 6+ hours of

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preparing report and empowering team to distribute quarter-end financials within deadline.

Implemented new system, Timberline, for one of the subsidiary with flawless accuracy and timeliness.

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Supervised and trained GL accountants, AP specialist and project systems specialist, and mentored on the

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on-going basis.

Worked directly with the CFO and Director to understand the actual to budget reporting needs; efforts

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contributed to increased use of reports and quicker decision maker attention to variances.

Shilpi Desai Page 2

Harb Levy & Weiland LLC ò Public Accounting ò January 2007 – April 2007

Staff Accountant

Performed financial statement audits, reviews and tax returns for diverse client base, including Real Estate company,

hedge fund, high net worth family office, broker dealer, trust. Prepared full disclosure financial statements and

related footnotes, compliance reports, and internal control review management letters for a variety of clients

Ø Built an efficient framework to ensure prompt resource allocation within 24 hours to meet client needs,

thereby reducing the response time to half.

Ø Managed and competed priorities for up to 4 clients’ assignments simultaneously.

Ø Researched new accounting guidance from the FASB and other regulatory bodies, and provided advice to

clients including daily business, accounting and internal control issues.

Vargas and Company ò Public Accounting ò April 2006 – December 2006

Staff Accountant

Coordinated fieldwork, developed audit plans, and evaluated accounting operations for multiple clients concurrently,

including Governmental Units & Non-Profit Organizations as required by GASB and OMB Circular A-133.

Ø Recommended a significant improvement in a client’s wire transfer controls, tightening internal control as a

preventative.

Ø Reduced inefficiency by improving upon paper preparation standards.

Nitin S. Parikh & Co. ò Public Accounting ò August 1999 – June 2003

Staff Accountant ò Senior Accountant

Performed a full spectrum of accounting and auditing functions including audit testing, evaluation & documentation

of accounting systems, coordinating all the fieldwork and preparation & presentation of audit reports for several

clients including club, transportation company, bank, hospital, insurance company, Private limited companies.

Ø Trained, managed, and evaluated junior staff members for audit engagements.

Ø Automated the complete accounting process for multiple clients, moving from a manual to multi-user

Accounting software.

EDUCATION

American Institute of Certified Public Accountants

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Certified Public Accountant (CPA) Candidate – Passed all Examinations

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Master of Commerce: Accounting

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Equivalent to Master of Business Administration in United States (Evaluated by ACEI)

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Bachelor of Commerce: Accounting

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Equivalent Bachelor of Science in Business Administration in United States (Evaluated ACEI)

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ADDITIONAL CREDENTIALS

TECHNICAL ERP: SAP, Timberline, CCH ProSystem Fx

SKILLS Other: QuickBooks, Microsoft Office Suite

References: Available Upon Request

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