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Varsha Vyas

@varshavyas

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Finance Manager and Chartered Accountant specializing in IFRS reporting, MIS, and VAT compliance.

United Arab Emirates

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What I'm looking for

I’m looking for a finance leadership role where I can own IFRS reporting, management reporting, and audit readiness, while driving budgeting/forecasting and process improvements in SAP/ERP environments and partnering with stakeholders to add value.

I’m a qualified Chartered Accountant with 10 years of experience across UAE & India, focused on financial reporting, budgeting & forecasting, MIS, and auditing. In my current role as Finance Manager at Cahya Mata Oiltools (Cayman) Limited, I oversee monthly, quarterly, and year-end closing, ensuring accurate P&L statements and balance sheets aligned with accounting standards.

I manage Trial Balance and General Ledger finalization in SAP ERP, prepare and present comprehensive management reports with variance analysis, and lead year-end closing to support timely group reporting and audit completion. I also handle intercompany reconciliations, budgeting and forecasts, consolidation for GCC regions, and UAE VAT compliance—while collaborating with cross-functional teams to improve reporting accuracy and efficiency through ERP process improvements.

Experience

Work history, roles, and key accomplishments

Finance Manager

Cahya Mata Oiltools (Cayman) Limited

Sep 2024 - Jul 2025 (10 months)

Owned monthly, quarterly, and year-end financial close, preparing IFRS-compliant P&L and balance sheet outputs. Managed TB/GL finalization in SAP, led management reporting and variance analysis, coordinated audits, and supported budgeting/forecasting, intercompany reconciliations, GCC consolidation, and UAE VAT compliance.

SAP ERP IFRS Management Reporting Budgeting & Forecasting Inter Company Reconciliation Financial Consolidation Audit Coordination

Accounts & Finance Manager

Spectrum Intl LLC

Nov 2017 - Sep 2024 (6 years 10 months)

Led end-to-end accounting in the ERP environment, including quarterly management reporting and preparation of P&L and balance sheet outputs for senior leadership. Conducted internal audits and special reviews, finalized financial statements as per IFRS, coordinated timely external audits, and managed ERP/VAT reporting and quarterly VAT return preparation for UAE operations.

ERP Financial Reporting IFRS Management Reporting Internal Audit External Audit Coordination ERP Implementation VAT Returns

Internal Auditor

ICICI Bank Limited

Feb 2016 - Aug 2017 (1 year 6 months)

Performed internal audits across corporate banking, SME groups, domestic financial institutions, securities market services, and thematic AML areas. Determined audit scope, executed annual/quarterly audit plans, reviewed working papers, and documented findings using internal methodologies.

Internal Auditing Working Papers Corporate Banking Audits Compliance Testing

Assistant Auditor

Pipalia Singhal & Associates

Jun 2015 - Dec 2015 (6 months)

Supported a range of internal audit engagements, including procurement/tender verification, purchase audits, compliance audits, HR and payroll audits, and bank audits. Produced audit-related documentation while assisting with evidence collection and audit checks.

Compliance Auditing Audit

Audit Intern

S.S. Joshi & Associates

Mar 2011 - Jan 2015 (3 years 10 months)

Provided audit and accounting support, including assistance with direct and indirect tax work and statutory audit tasks. Supported internal audit activities and ROC-related documentation as part of engagement work.

Accounting Support Direct Tax Indirect Tax Statutory Audit Assistance Internal Audit