Summary
Overview
Work History
Education
Skills
Languages
Timeline
15

DEEPAK KUMAR PAREEK

Windhoek

Summary

Seasoned Account & Finance Manager with an 8-year career trajectory defined by consistent advancement within the global diamond industry across India, Botswana, and Namibia. I specialize in translating complex financial data into actionable strategy, reporting directly to the Global CFO to guide high-level decision-making. My expertise spans the full financial lifecycle—from meticulous accounting and compliance to strategic planning, cost reduction, and the implementation of robust internal controls in multi-currency environments. I am proficient in leveraging advanced ERP and accounting systems to drive efficiency and transparency. Now, I am seeking to apply my international finance acumen and leadership skills to a new challenge within dynamic business sector.

Overview

10
10
years of professional experience

Work History

Account & Finance Manager

KGK Diamonds Namibia Pty Ltd
03.2019 - Current
  • Directed comprehensive monthly, quarterly, and annual financial reporting, including in-depth variance analysis and trend forecasting, directly influencing strategic decisions for the Global CFO.
  • Developed and refined robust financial models, crucial for strategic decision-making and precise budget planning.
  • Monitored and optimized daily operating costs and manufacturing processes, proactively identifying key cost drivers and implementing effective measures to achieve expense reductions.
  • Executed in-depth cost analysis and collaborated with production teams to achieve significant operational savings without compromising quality standards.
  • Spearheaded oversight of production processes, establishing and tracking Key Performance Indicators (KPIs) to enhance efficiency, reduce waste, and optimize resource utilization.
  • Led cross-functional discussions with manufacturing and supply chain teams, resulting in streamlined operations and boosted productivity.
  • Managed all banking transactions and cultivated strong relationships with banking partners, ensuring timely reconciliations and securing favorable terms for credit facilities.
  • Implemented rigorous internal controls and review processes, ensuring transparency and comprehensive compliance across all financial activities.
  • Oversaw full-cycle payroll operations in collaboration with HR, guaranteeing accurate and timely salary disbursements while rigorously enforcing compliance with local labor laws through coordinated oversight and regular internal reviews.

Assistant Manager

KGK Diamonds Botswana Pty Ltd
03.2017 - 03.2019
  • Managed daily accounting entries, ensuring timely and accurate posting of financial transactions across multiple accounts.
  • Maintained detailed ledgers and supported month-end closing processes, contributing to accurate financial snapshots.
  • Prepared and analyzed regular Management Information System (MIS) reports, providing key insights into financial performance, trends, and operational results.
  • Compiled monthly banking data and coordinated with treasury functions to ensure accurate data submission and reporting.
  • Developed cost analysis reports that highlighted key financial trends and inefficiencies, serving as a basis for ongoing cost optimization discussions with senior management.
  • Assisted in budgeting processes by consolidating financial data and tracking variances against forecasted figures.
  • Contributed actively to statutory and compliance audits by preparing requisite documentation and liaising effectively with auditors.
  • Ensured meticulous audit trail maintenance and adherence of all financial practices to regulatory standards, leading to successful audit outcomes.
  • Implemented system enhancements that automated routine tasks and significantly improved data accuracy within the accounting function.
  • Provided proactive support during peak periods, effectively managing multiple responsibilities in a fast-paced environment.
  • Administered Payroll and ensured compliance with Labor Laws in coordination with HR.

Account Executive

KGK Diamonds (I) Pvt. Ltd
06.2015 - 03.2017
  • Executed daily accounting entries for journals and banking transactions, maintaining accurate records of all sales activities using accounting software systems.
  • Generated comprehensive monthly reports for upper management review.
  • Performed ledger scrutiny and provided essential support in data preparation for financial analyses.
  • Assisted in audit preparation, including documentation and report analysis.
  • Prepared Balance Confirmations and conducted reconciliation with Debtors & Creditors.

Education

Master of Commerce - Accounting, Financial Reporting

University of Rajasthan
06.2015

Skills

  • Financial Management & Reporting:
  • Financial Reporting (IFRS/GAAP Principles)
  • Variance Analysis & Financial Forecasting
  • Budgeting & Strategic Financial Modeling
  • Cost Optimization & Activity-Based Costing
  • Internal Controls & Regulatory Compliance
  • Treasury & Banking Relationship Management
  • Payroll Management & Labor Law Adherence
  • Ledger Management & Account Reconciliation
  • Audit Preparation & Support
  • Management Information Systems (MIS)
  • Technical Proficiency:
  • ERP Systems
  • Accounting Software
  • Advanced MS Excel & Data Analysis Tools
  • Financial Data Preparation & Analysis
  • Leadership & Business Acumen:
  • Strategic Decision Support
  • Cross-functional Team Leadership & Collaboration
  • Process Optimization & Automation Initiatives
  • Stakeholder Engagement & Relationship Building
  • Analytical Problem-Solving
  • Adaptability & Proactive Management

Languages

English: Advanced (Fluent in business communication)
Hindi: Native / Advanced

Timeline

Account & Finance Manager

KGK Diamonds Namibia Pty Ltd
03.2019 - Current

Assistant Manager

KGK Diamonds Botswana Pty Ltd
03.2017 - 03.2019

Account Executive

KGK Diamonds (I) Pvt. Ltd
06.2015 - 03.2017

Master of Commerce - Accounting, Financial Reporting

University of Rajasthan

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DEEPAK KUMAR PAREEK