Gaurang Patel
A Forensic Accountant, with an International background of living in Zimbabwe, London and Chicago
| Headline: | Entrepreneur |
| Skills: | Business, Management |
| Interested in: | Brainstorming, Finding business partners, Finding cofounders, Finding team mates, Meeting new people, Professional opportunities, Promoting my startups, Recruiting for my startup |
| Tags: | nano textiles, smart textiles, textiles |
| Schools: | London School of Economics and Political Science |
WORK EXPERIENCE
| Employer: | KPMG, Chicago, IL |
| Position: | Associate |
| Time period: | January 2006 - December 2008 |
| Description: | Member of the Forensics Department working on accounting-related fraud investigations and analyses.
- Assisted the audit teams in compliance with SAS 99 by performing various data analytical manual journal. entry tests to determine fraud risk areas, for example, revenue and reserve trends, Benford’s analysis. - Worked on various investigations of large and small companies that have allegedly committed a number of accounting-related frauds, including securitization issues, manipulation of reserve accounts, revenue recognition issues and wrongful accounting of leases. - Utilized IDEA, a data analytics program that analyzes, summarizes and extracts large sets of data. - Developed Financial Models to analyze impacts on income under different scenarios. |
| Employer: | Grant Thornton, London, Uk |
| Position: | Summer Intern |
| Time period: | June 2004 - September 2004 |
| Description: | Assisted the corporate tax team with the preparation of corporate tax computations and returns, including liquidation and receivership cases.
- Drafted responses to inquiries from the Inland Revenue on behalf of the client. - Worked alongside the Senior VAT Manager on a project involving a US based company wanting to set up its European distribution network, and assisted in checking that the existing transactions were VAT. compliant and proposing a tax saving method by restructuring their distribution network. - Assisted in the drafting of letters to clients advising on structuring of proposed projects based on VAT Tax precedence obtained from previous tax cases. |
| Employer: | Victory Financial Services, Harare, Zimbabwe |
| Position: | Equity Intern |
| Time period: | January 2002 - December 2002 |
| Description: | - Developed skills in valuing shares of companies listed on the Zimbabwe Stock Exchange by using Discounted Cash Flow
- Researched companies for both prospective and existing clients and wrote up reports on them - Used Microsoft Excel for analytical calculations and graphs to compensate my research reports - Analyzed company’s interim and final accounts and provided my opinion on the company to the equity team - Engaged in initiating interviews with management and reporting on financial yearly report briefings for various companies |
| Employer: | Kutaura Enterprises, Harare, Zimbabwe |
| Position: | Intern |
| Time period: | January 2001 - December 2003 |
| Description: | Worked in a T/Shirt manufacturing and embroidering company in Zimbabwe during a high inflationary period
- Developed an in-depth insight into the problems manufacturing businesses encountered in day-to-day operations in Zimbabwe. - Worked with the sales, accounts and production teams by helping to solve daily problems and improving the business. - Communicated with customers relating to matters on quality, service, progress and status of their order and their account. - Set up a stock controlling system to monitor the daily movements of raw materials and finished goods. - Assisted the Financial Director with the management accounts for presentation to banking institutions. |
EDUCATION
| University: | London School of Economics and Political Science |
| Time period: | 2002 - 2005 |
| Degree: | Accounting and Finance, BSc |
Gaurang's Startups (1)
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Smart Textiles
To come up with fabrics that increase functionality of fabrics for the health care industry and fashion industry using Shape Memory Polymers to coat the fabric and other functional chemicals