Summary
Overview
Work History
Education
Skills
Accomplishments
References
Skills And Knowledge
Timeline
Generic

Jay Nayak

Adelaide,Australia

Summary

Accomplished Finance Manager with expertise in financial planning and risk management at La Casa Del Formaggio. Proven track record in strategic advising and team leadership, enhancing profitability by 15%. Adept at implementing internal controls and fostering effective communication, driving continuous improvement and stakeholder engagement. Skilled in SAP and Microsoft Excel for precise financial reporting. Dynamic finance professional with a proven track record in budgeting, forecasting, and financial reporting. Skilled in team leadership and risk management, dedicated to driving organizational success through strategic financial insights.

Overview

10
10
years of professional experience

Work History

Finance Manager

La Casa Del Formaggio
Adelaide, SA
05.2024 - Current
  • Financial Planning & Analysis: Developing budgets, forecasting, and providing insights into financial performance.
  • Reporting: Preparing monthly/quarterly management reports, annual accounts, and statutory reports.
  • Cash Flow Management: Monitoring daily cash flow, accounts payable/receivable, and managing banking relationships.
  • Risk Management: Identifying and mitigating financial risks, analyzing market trends.
  • Compliance: Ensuring adherence to financial legislation, standards, and tax requirements (GST, FBT).
  • Team Leadership: Supervising accounting staff, payroll, and improving financial literacy across departments.
  • System Management: Managing and improving finance software (ERP systems).
  • Strategic Advice: Advising management on investment, funding, and profitability.

Finance Manager

Rombola family farms
12.2022 - 01.2024
  • Oversee timely and accurately month and year end process.
  • Ensure integrity of consolidated financial reports before presenting.
  • Provide a comparative view of financial reports, especially P&L.
  • Ensure necessary accounting standards are reflected in reports.
  • Prepare annual rolling cashflow, operational and capex budget.
  • Provide weekly rolling actuals vs. forecasts analysis.
  • Manage monthly budget meetings and updates.
  • Oversee monthly costing and management reports.
  • Ensure integrity of inventory and product costing calculations.
  • Prepare profitability report product wise and site wise.
  • Assist in annual performance of Audit.
  • Preparation of annual tax returns for TP Accountants.
  • Prepare and lodge FBT and BAS.
  • Oversee preparation of Payroll cycle.
  • Assist in setting up department wise KPI’s based on profitability drivers.
  • Report quarterly performance product and department wise.
  • Prepare a report on performance gaps.
  • Draft and implement policies and procedures.
  • Implement internal financial controls.
  • Ensure policies and procedures are followed accordingly.
  • Oversee daily bank reconciliation.
  • Oversee efficiency of AR and AP functions.
  • Customers’ and suppliers’ contract management.
  • Hire purchase contract management.
  • Prepare quarterly bank covenants.
  • Manage asset register. – acquisition, depreciation and retirement policies.
  • Oversee Integrity of Inventory system.
  • Recruitment and training of staff.
  • Other ad-hoc duties.
  • Website: www.rombolafamilyfarms.com

Senior Accountant

Casella family brands (Yellow tail wines)
07.2019 - 11.2022
  • Prepare Monthly Executive and management reports.
  • Monthly general ledger reconciliation.
  • Assist preparation P&L and Balance sheet Integrity.
  • Assist in preparing annual financial and tax reports.
  • Assist during annual statutory audit.
  • Run and check daily product costing report.
  • Assist in monthly inventory roll over and reporting.
  • Assist in monthly and quarterly Overheads preparations.
  • Payroll tax and FBT reconciliation and preparation.
  • Prepare and lodge BAS and Withholding tax.
  • Assist in preparing annual tax return.
  • Asset register management and reporting.
  • Reconciliation of loan accounts.
  • Manage asset finance register.
  • Website: www.casellafamilybrands.com

Accountant

Ferrero Australia (Agri australis)
04.2016 - 05.2019
  • Monthly B/S reconciliation.
  • Operational budgeting, forecasting and analysis.
  • Rolling capital budget assessment and management.
  • Intercompany reporting.
  • General ledger Reconciliation.
  • FBT, GST and BAS reconciliation and reporting.
  • Asset register management.
  • Bank reconciliation.
  • Monthly Accrual of expenses.
  • Capitalization of expenses for Bio-assets.
  • Calculating the cost of biological stock.
  • Assist in the annual Audit process.
  • Stock system assessment and management.
  • Website: www.ferrero.com/au/en/about-us/ferrero-in-australia-and-new-zealand

Education

CPA Program -

CPA Australia
04-2022

Graduate Diploma of Accounting -

Victoria University
Sydney, Australia

Bachelor of Commerce -

Gujarat University
India

Advance Excel training -

Riverian institute
Wagga Wagga, Australia

SAP FICO Certification -

SAP ANZ

Diploma of Business Management -

ZBA college
Sydney, Australia

Skills

  • Risk management
  • Compliance oversight
  • System management
  • Budgeting and forecasting
  • Internal controls implementation
  • Team leadership
  • Strategic advising
  • Attention to detail
  • Effective communication
  • Adaptability
  • Coaching and training
  • KPI development
  • Stakeholder management
  • Mergers and acquisitions
  • Portfolio management
  • Investment analysis
  • Cost accounting
  • Project finance
  • Capital budgeting
  • Working capital management
  • IFRS expertise
  • Consolidation accounting
  • Financial reporting
  • SAP
  • Communication
  • Microsoft Excel
  • Professional work ethics
  • Cash flow management
  • MYOB and Xero
  • Effective leadership
  • Management reporting
  • Power BI
  • Time management
  • Project accounting
  • Performance management
  • Finance modeling
  • Statutory reporting
  • Business partnering
  • System improvement
  • Agri ERP
  • Dynamics 365
  • Oracle NetSuite
  • Essbase
  • Artificial intelligence
  • Relationship building
  • Critical thinking
  • Problem solving
  • Continuous improvement
  • Staff management

Accomplishments

Created a strategic costing model for making product pricing decisions (La Casa Del Formaggio).
• Provided a pivotal role in implementing a new reporting system (RFF).
• Added important segments to executive reports to make them more useful (Casella Wines).
• Provided in-depth reports to management for better understanding (Casella Wines).
• Improved stock management and costing system (Agri Australis).
• Made forecasting more accurate (Agri Australis).

References

References will be furnished upon request.

Skills And Knowledge

Financial reporting, Financial planning, Cash flow management, Management reporting, Project accounting, Statutory reporting, Business partnering, System improvement, Agri ERP, Dynamics 365, Oracle NetSuite, Essbase, Artificial intelligence, SAP, Microsoft Excel, MYOB & XERO, Power BI, Communication, Professional work ethics, Effective Leadership, Time management, Performance management, Finance modeling, Relationship Building, Critical thinking, Problem solving, Continuous improvement, People management

Timeline

Finance Manager

La Casa Del Formaggio
05.2024 - Current

Finance Manager

Rombola family farms
12.2022 - 01.2024

Senior Accountant

Casella family brands (Yellow tail wines)
07.2019 - 11.2022

Accountant

Ferrero Australia (Agri australis)
04.2016 - 05.2019

CPA Program -

CPA Australia

Graduate Diploma of Accounting -

Victoria University

Bachelor of Commerce -

Gujarat University

Advance Excel training -

Riverian institute

SAP FICO Certification -

SAP ANZ

Diploma of Business Management -

ZBA college

Similar Profiles

CREATE PROFILE
Jay Nayak