Jigar Patel
Branchburg Township,NJ
Summary
Highly experienced finance professional with a proven track record of managing financial goals for prestigious organizations. Trusted business partner known for strong business ethics and adaptability in fast-paced environments. Skilled in analytical thinking, problem-solving, and effective communication. Seeking new opportunities to leverage 15+ years of professional experience and further develop in my career.
Overview
21
21
years of professional experience
1
1
Certification
Work History
Assistant Director Market Finance
EY (Ernst & Young)
Iselin, NJ
01.2018 - Current
- Lead global portfolio finance operations and ensure high performance standards through operational excellence.
- Responsible for financial planning, budgeting, and forecasting.
- Deliver formal executive reporting to leadership outlining business drivers, key metrics, and cash flow.
- Efficiently managing formal performance reports and account scorecards enabled the consistent measurement of ongoing success.
- Evaluate performance, forecasting expectations against goals, and provide continuous recommendations for optimization.
- Develop strategic models and analysis to provide guidance on enhancing profitability and managing risks.
- Successfully increased annual sales by implementing financial modeling techniques and providing pricing recommendations for major, high-value pursuits.
- Provide analytical insights and recommendations to leadership, resulting in consistent, strong financial performance throughout the year.
- Structured and implemented a strategic investment framework, achieving an $8M portfolio annual margin.
- Maintain strategic relationships with multiple executive levels.
- Implement streamlined procedures to enhance the team's productivity to meet the firm's targets.
- Regularly managing through multiple competing priorities.
- Mentor juniors to enhance their development through increased participation in daily and impromptu responsibilities.
Financial Management Supervisor
EY (Ernst & Young)
Iselin, NJ
12.2013 - 01.2018
- Manage complex BOB for Tax, Advisory and ASU clients and serve as Advisory Lead FMA for Northeast region
- Provide PNL and RPH impact analysis to Director of Finance as result of TER exposure and inventory write downs
- Provide continuous support to Director of Finance with number of long-term analysis and pricing of large deals
- Lead Inventory management regional discussion and help drive service line initiatives geared towards achieving their goals
- Develop rate cards and support RFPs as finance lead for various clients
- Lead and support various global client reporting
- Conduct account review discussion with global partners, provide performance indicators and advise on areas of improvement to achieve goals
- Develop financial models to help identify levers to optimize margin, perform ETCs and manage revenue exposure
- Conduct various analytical models to understand root cause and derive proposals as well as best practices to help improve performance and making favorable decision
- Proactively provide clear and concise communication to executives, market leaders and provide recommendation for managing surprises
- Actively involved with ad hoc projects and leadership initiatives
- Meet tight deadlines on regular basis to deliver account level client reports for various clients
- Serve as a subject matter resource in the firm’s Systems, Quality and Risk policies.
Senior Financial Analyst
Accenture
Florham Park, NJ
10.2011 - 09.2013
- Handled various client reports across numerous locations every 30 days.
- Collaborated with finance and sales teams to optimize discounts and rebates resulting in improved financial performance.
- Analyzed diversified and complex portfolio for BU leadership at a detailed and high-level.
- Created monthly financial reporting dashboard and presentation for live discussion with Line of Business heads and executives, using data forecasting techniques
- Monitored revenue and cash flow patterns, analyzed key performance indicators for facilitating informed decision making and client budget management.
- Ensured efficient budget management by generating variance analysis reports, aligning it with desired targets.
- Ensure revenue recognition for different recognition methods, including non-binding agreements, meets GAAP accounting guidelines.
- Ensured compliance with firm's policies and GAAP regulations for global transactions.
- Supported implementation of efficiencies and development of internal policy threshold to avoid non-compliance.
- Conducted quarterly internal controls for Sarbanes-Oxley compliance.
- Supported month-end and quarter-end closing process.
Financial Analyst
SunGard Global Trading
New York, NY
01.2009 - 01.2011
- Responsible for Financial Analysis, budgeting, and forecasting
- Managed variance analysis and reporting for budget vs
- Actuals and forecast vs
- Actuals
- Assisted with annual CAPEX and OPEX budgeting at a global scale including budgeting for various charge back strategies
- Assisted with IT project reporting by developing amortization and capitalization schedules with respect to cost and revenue streams associated with project life cycle
- Utilized financial principles to analyze critical components of General Ledger to assist in development of internal controls to reduce risk and increase opportunity
- Utilized Rev-rec principals and Intercompany internal agreements to analyze and ensure accuracy with reporting
- Utilized capitalization principles and techniques to provide clear and concise report indicating costs which were capitalized and expensed
- Assisted project reporting by providing financial analysis with regards to useful life and associated amortization
- Supported month end and quarter end closing process
- Assisted with Sarbanes Oxley compliance reporting for non-cancellable purchase commitments.
Financial Accountant
Welcome Hospitality Management
New Jersey, USA
08.2003 - 09.2008
- Created financial reports, compiled, and analyzed weekly revenue reports
- Assisted with financial statement substantiation, month-end and quarter-end closing
- Performed accrual and deferral GL entries and reconciliation for close process
- Analyzed and develop information on strategic planning and revenue management projects
- Utilized organizational policies to develop contractual agreement with corporate clients
- Conducted financial review meetings with seniors to implement strategies to achieve efficiency.
Education
Economics
Rutgers University
New Brunswick, NJ01.2007
Some College (No Degree) - Financial Management Certification - EY Internal
EY
Professional Program and Certification - AI, Machine Learning And Data Science Program
Massachusetts Institute of Technology (MIT):
Certification - Financial Modeling & Valuation Analyst (FMVA)
Corporate Finance Institute
Skills
Data Management, Modeling & Analysis: Rapid Miner, DATAIKU & KNIME
Business Applications: Advanced MS Excel, Access, PowerPoint, Word and Outlook
Business Tools: Rapid Miner, DATAIKU, SAP, Ariba, SUN V5 Ledger system, QuickBooks Pro, Power BI, People soft, Hyperion, M3 and Visual Matrix
Certification
Financial Modeling & Valuation Analyst, In progress, Corporate Finance Institute
Languages
- English
- Hindi
- Gujarati
Languages
English
Full Professional
Hindi
Full Professional
Gujarati
Professional
Affiliations
- Active member of BAPS organization by volunteering in teaching, walkathon and various non profit activities.
- Travel and spend time with family
- Outdoor activities and family fun
- Enjoy cooking and social gathering
References
References available upon request.
Timeline
Assistant Director Market Finance
EY (Ernst & Young)
01.2018 - Current
Financial Management Supervisor
EY (Ernst & Young)
12.2013 - 01.2018
Senior Financial Analyst
Accenture
10.2011 - 09.2013
Financial Analyst
SunGard Global Trading
01.2009 - 01.2011
Financial Accountant
Welcome Hospitality Management
08.2003 - 09.2008
Economics
Rutgers University
Some College (No Degree) - Financial Management Certification - EY Internal
EY
Professional Program and Certification - AI, Machine Learning And Data Science Program
Massachusetts Institute of Technology (MIT):
Certification - Financial Modeling & Valuation Analyst (FMVA)
Corporate Finance Institute
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