Sanjay Bhagat
Chartered Accountant | Cloud Accounting Specialist
Professional Summary
Chartered Accountant with 14+ years of experience including 12+ years as founder of a successful accounting firm serving 100+ international clients. Expert in QuickBooks, Xero, and Zoho Books with deep knowledge of US GAAP, IND AS, and multi-currency accounting. Proven track record of helping SaaS, E-commerce, Real Estate, and Professional Service firms maintain CPA-ready financial records.
Core Competencies
- QuickBooks Online
- Xero
- Zoho Books
- US GAAP / IND AS
- Multi-Currency Accounting
- SaaS Revenue (ASC 606)
- E-commerce & Inventory
- Client Advisory & Team Management
Professional Experience
Diwan Bhagat & Associates (Founder & Chartered Accountant)
Feb 2012 β Present
Sole owner serving 100+ international clients (US, UK, Australia, Middle East)
- End-to-end accounting solutions β selection, implementation, and maintenance of CPA-ready books using QuickBooks, Xero, and Zoho.
- Implemented ASC 606-compliant revenue recognition for 5+ SaaS startups, helping them pass investor due diligence.
- Managed inventory, sales tax reconciliation, and payment gateway integration for 20+ e-commerce stores.
- Reduced monthly bookkeeping closure time from 15 days to 5 days for a mid-sized e-commerce client.
- 100% client retention over last 4 years; led a remote team of 5 accountants.
Sanjay Chirania & Associate (Article Assistant β CA Training)
Jan 2007 β Feb 2012
- Assisted in statutory audits for 15+ manufacturing, trading, and service clients annually; prepared audit reports.
- Filed Income Tax Returns (ITR), TDS returns (Forms 16, 24Q, 26Q), and managed VAT/Service Tax compliance.
- Maintained books using Tally ERP, prepared P&L, Balance Sheet as per Indian GAAP.
- Conducted concurrent bank audits and physical stock verification for manufacturing units.
Education & Certifications
- Chartered Accountant (CA) β The Institute of Chartered Accountants of India (ICAI)
- Bachelor of Commerce (B.Com) β T.D.B. College
Key Achievements
- β Helped 3 SaaS startups raise funding with clean, CPA-ready financials.
- β Reduced bookkeeping errors by over 80% through automated reconciliation.
- β Maintained 100% client retention for 4 consecutive years.
- β Migrated 30+ clients from legacy systems (Tally/Excel) to QuickBooks/Xero without data loss.
Industries Served
IT / SaaS
E-commerce & Retail
Real Estate
Logistics
Professional Services
