Chirag Patel
Summary
A seasoned Financial Analyst with a proven track record at Aramark and the IRS, I excel in leveraging Microsoft Excel and advanced financial analysis to drive data-driven decisions. Skilled in auditing and risk analysis, I've significantly influenced financial standards and policies. My expertise in research and data analysis has enhanced operational efficiencies and compliance across teams.
Overview
17
17
years of professional experience
Work History
Financial Analyst
Department Of Treasury, IRS
07.2023 - Current
- Conducted complex and precedent-setting valuations of financial transactions with significant tax implications, influencing industry standards and potential legislative changes.
- Determined fair market value for diverse financial instruments, including equities, bonds, derivatives, and structured products, ensuring compliance with regulatory standards.
- Developed comprehensive revenue recognition policies compliant with ASC 606 guidelines, minimizing risk of non-compliance penalties or restatements.
- Provided expert consultation to internal stakeholders, including Revenue Agents, Appeals, and Counsel, on financial product valuation and transaction analysis.
- Verified pricing of equity, debt, and derivatives held in portfolios, ensuring accurate valuation for tax reporting and mitigating potential disputes.
- Researched and analyzed emerging financial trends, applying innovative valuation methodologies to enhance regulatory practices and decision-making.
- Designed and delivered technical training sessions and workshops on financial product valuation, enhancing expertise across cross-functional teams.
- Maintained up-to-date industry knowledge through continuous research and use of financial tools (Bloomberg, Reuters, S&P, CAPIQ), ensuring informed valuation and advisory services.
Sr. Program Financial Analyst
KMC Systems
01.2021 - 07.2023
- Monitor financial and schedule performance of programs and give feedback to business unit and program management regarding opportunities to improve effectiveness.
- Work together in team with multiple program planners and perform weekly/monthly reports and analysis of Budget/Cost/Schedule.
- Participate in Process improvement teams and support the implementation of the programs.
- Reporting and monitoring monthly, quarterly, and yearly actual capital results as compared to budget, forecast, and previous reporting periods. Analyze and liaise with business units to understand and explain key variances to senior management.
- Responsible to project accounting data to show effects of proposed plans on capital investments, income, cash position, and overall financial position.
- Planning, directing, and coordinating all accounting/financial operational functions.
- Responsible to monitor balance sheet and P&L movements between various period and provide commentary on movements.
- Coordinating and preparing internal and external financial statements.
Financial Planning & Analysis
RSB Killington, Inc.
03.2012 - 12.2020
- Championed data-driven decision-making by promoting the use of advanced analytics techniques within financial planning and analysis processes, resulting in improved accuracy and efficiency.
- Compiled and presented detailed reports on nightly revenue, aiding in financial planning and analysis.
- Planning, overseeing, and coordinating all accounting/financial operational functions.
- Coordinating and preparing internal and external financial statements.
- Overseeing regulatory reporting, frequently including tax planning and compliance.
- Demonstrated ability to recruit, hire, and train a highly motivated team.
- Conducted coaching/counseling sessions, performance evaluations, discipline documents, and terminations.
- Responsible to project accounting data to show effects of proposed plans on capital investments, income, cash position, and overall financial position.
- Analysis, coordinate and submission of monthly forecast and business/financial plans.
Financial Analyst
Aramark
10.2010 - 03.2012
- • Prepare operating and financial statements and statistical analysis for the organization.
- • Prepared schedules related to annual and quarterly financial reporting for FED & SEC.
- • Consolidation and preparation of monthly, quarterly & yearly capital budget and forecast process from various units within company.
- Develop, evolve, and automate process to create reporting efficiencies.
- Assist business unit management by providing risk management consulting support and risk management education and training
- Reviewed yearly food business contracts with corporate legal team.
- Provide strategic solutions to resolve issues/concerns within the organization.
- Responsible for running quality control over team's work before the final submission to manager and meet the tight deadlines of the project completion.
- Coordinate with business partners to manage expenses.
Staff Accountant
Aramark
11.2007 - 10.2010
- Maintained general ledger accuracy through regular account reconciliations, journal entry adjustments, and transaction reviews.
- Manage and prepare monthly Balance Sheet and P&L accounts reconciliation and reporting.
- Responsible for Month end processes and closing the books accurately in timely manner.
- Provide requested financial data to internal and external customers. Assist businesses to understand key variances and provide in-depth analysis.
- Capitalized assets for depreciation & prepared monthly fixed asset report.
- Prepare financial statements and required disclosures in compliance with regulations and policy.
- Managed and approved AP payments, AR reserves & Revenue variances.
- Monitored cash flow closely to ensure sufficient funds were available for operational needs.
Education
MBA - Finance
Wilmington University
New Castle, DE12-2010
Skills
- Microsoft Excel
- Financial and operational reporting
- MS office suite
- Research and data analysis
- Data analysis
- Auditing procedures
- Advanced financial analysis
- Risk analysis
Timeline
Financial Analyst
Department Of Treasury, IRS
07.2023 - Current
Sr. Program Financial Analyst
KMC Systems
01.2021 - 07.2023
Financial Planning & Analysis
RSB Killington, Inc.
03.2012 - 12.2020
Financial Analyst
Aramark
10.2010 - 03.2012
Staff Accountant
Aramark
11.2007 - 10.2010
MBA - Finance
Wilmington University
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