PROFILE SUMMARY
• A keen strategist & planner with 16 years of rich experience in Accounts, Finance and Audit majorly working in Manufacturing Industry with expertise of working in India and overseas
• Steered overall accounting operations and audit for the organization including collections, purchase, contract compliance, receivables, deposits, disbursements, payroll, fixed assets and inventory
• Prepared budgets, forecasts, and financial statements on a monthly, quarterly, and annual basis
• Controlled cash flow, approved payments, spoke with bank representatives about credits, credit lines, overdrafts, and other finance related activities and had general control over a budget
• Custodian of financial planning & analysis, internal / regulatory reporting, accounting, receivables & payables, finalization / consolidation of accounts (Balance Sheet / P&L), budgeting & forecasting - leading to long-term improvements in cost saving, profitability & productivity
• Financial Transformation Specialist; steered processes improvement projects, reengineered existing process, curbed tasks involved & made process lean, resulting in significant savings in man hours & overall cost
• Proficiency in preparing & reviewing Financial & Management Reports like cost & benefit analysis, productivity analysis and cost variance analysis; created and reviewed business plans and financial models
• Divergent outlook with innovative approach to planning, leadership and problem-solving using analytical & communication skills in leading high performing team and achieving process excellence
NOTABLE ACCOMPLISHMENTS ACROSS THE CAREER
? Implemented cost reductions through the elimination of wasteful expenses, improvement in process efficiencies and formal budgeting practices saving INR 5 Crores
? Collaborated with the senior management team in executing strategies and processes, accomplishing corporate goals and profitability for the company having an annual revenue of INR 1000 Crores
? Saved INR 2 Crores in the Accounting & Billing Department budget by ERP implementation like SAP
? Developed a cash flow reporting system focusing on funding and spends that resulted in correct forecasting
ORGANIZATIONAL EXPERIENCE
Tesseract Imaging Limited, Navi Mumbai Since Dec.’20
Senior Finance Manager (Acting as Finance Controller)
Key Result Areas:
? Spearheading a team of 5 members working in the capacity of Senior Finance Manager and supporting as an individual contributor
? Preparing payment schedules, cash flow forecast, bank reconciliations, and monthly financial reports to assist managers with planning
? Supervising the day-to-day operations of the Finance Team
? Studying the P&L and balance sheet on a monthly basis as well as underlying account reconciliations to ensure integrity of the data and identify potential cost savings
? Collaborating with the Director on analysis and preparation of the annual plan and quarterly reforecasts
? Directing all financial transactions, reporting and policies for multiple companies and locations including:
? General Ledger account transactions and reconciliations prepared by accounting staff
? Fixed asset management including depreciation schedules and assets insurance
? Monthly variance reports for the business units and operations departments
? Overall supervise income tax, GST and payroll returns
? Annual business license reporting and renewals
? Monthly financial statements and WIP schedules
? Sales, cash flow and financial projection reports
? Budget and forecasting reports
? External audit information requirements for timely completion of audit schedules
? Leading the development and implementation of internal accounting and administrative procedures
? Preparation and Governance of business plan, annual budgets, cash flows and monthly forecasts
? Driving continuous cost saving strategies across all divisions
? Administering the design of optimum capital structure and financial strategy for the company keeping in mind capital expansion for existing business, investment in new projects and short-term cash optimisation
? Conducting multiple business planning and financial modelling exercises
? Heading the Accounts Receivables & Payables along with budget and PO approvals and payment regularization
? Defining and documenting new SOPs and business processes, accounting policies to strengthen internal controls
? Ensuring timely compliance of Labour Laws, ROC, Liaising with Banks, GST Auditors, Statutory Auditors and Company Secretary
? Reviewing of financial statements and collaborating with Big 4 audit firm- Deloitte for all audit queries pertaining to limited review and year end statutory audit to ensure adequate compliance
PREVIOUS EXPERIENCE
Hamdan Trading Co. LLP, Salalah, Oman Jan.’20 – Oct.’20
Deputy Finance Manager
Highlights:
? Acted as Finance Manager for Group holding company and its subsidiaries having diverse business in areas of Transportation and Logistics, Mining and Quarries, Hospitality and Travel Tourism, Foreign Exchange remittances and Trading of Tyres
? Controlled and managed day-to-day fund and working capital management activities for the Group entities including dealing with bankers
? Prepared MIS and Variance reports on monthly basis before 10th of the month for discussion and management review on business performance of the group entities
? Managing controlling function, incentive tracking, cash flow forecasts
? Monitored sales collection and approved vendor and statutory payments including payroll process on monthly basis
? Consulted and collaborated with key stakeholders for preparation of annual budget plans and resource mobilization
? Managed Statutory and Internal Audit activities of entire group entities
? Supervised taxation returns filing and assessments in co-ordination with the tax consultants
? Ensured creation and adherence of budgets, monthly cashflow plans, financial MIS- P&L, BS and operating MIS, statutory compliance like TDS and GST
? Drove efficiencies in Accounting and Reporting
Alkyl Amines and Chemicals Limited, Mumbai Oct.’18 – Sep.’19
Manager – Accounts & Finance
Highlights:
? Supervise and lead all accounting activities and processes viz. payables and receivables, monthly closure activity, GL scrutiny, tax and calculations inclusive of cost accounting plus factory data recording processes. Summarize financial status by collecting information and preparing balance sheet, profit loss, and other statements for board meeting and stock exchange filing
? Prepare and present regular accounting and management financial reports including monthly profit and loss by cluster and business unit
? Ensured smooth closure of month closing activities covering MIS, Variance analysis and presentation of financial statements and business performance to the Board of Directors
? Liaison with Statutory and Internal Auditors for smooth conduct and closure of limited review and internal audit; discussion of observations and implement necessary corrective measures
Harman Finochem Limited, Mumbai Apr.’17 – Oct.’18
Senior Manager – Finance & Accounts
Highlights
? Worked as Finance and Accounts Head and leading a team size of six and efficiently executed entire Accounts and
Finance activities of Pharma Company covering statutory compliance like statutory audit, payroll, GST and taxation
including submission of periodic returns filing and tax assessments.
? Prepared monthly BU wise performance report, MIS and profitability analysis showing product wise performance.
? Handled Secretarial work covering maintenance of all statutory records for company like Board Minutes of Meeting register, Annual ROC returns filing, records on resolutions passed by Shareholders and Directors in the meeting
? Successfully liaised with bankers for fresh working capital arrangement towards plant capacity expansion to the extent of Rs. 90 to 100 crores to manufacture new products lines of the company
? Successfully initiated SAP implementation to improvise systems processes and mapping of all departmental activities from Production, QA, Engineering, HR, Accounts and Finance divisions for ERP integration as per management directives
? Handled payroll management activities on monthly basis to ensure timely disbursement of salaries for employees and statutory dues
Reliance Life Sciences Pvt. Ltd, Navi Mumbai Jan.’12 – Mar.’17
Senior Manager – Finance & Accounts
Highlights:
? Managed credit control management for Debtors, closely monitored overdue customers ensuring timely collection form Marketing through rigorous follow-ups and controlled the sales order block and approval of invoices in SAP
? Supervised accounts payable activities for C&F commissions, direct selling agents called as liasoner, tender contract and suppliers to Govt. agencies through approvals of processing of commission and discount credit notes
? Prepared rate contracts with Govt. Institutions having medical goods supply through Tender contracts
? Arranged annual revenue budgets in close co-ordination, monitoring and discussion with the Marketing Team
? Dealt with bankers for timely export collection through LC and other modes and ensured closure of documents as per RBI guidelines
Sun Pharmaceutical Industries Ltd., Mumbai Mar.’10 - Dec’11
Internal Auditor
? Handled internal audit assignments by visit to multiple C&F locations, central warehouses across 16 cities in India
EDUCATION
Activities And Honors
? Honored with D&B Quarterly Star performer award in 2007.
? Best employee award for good leadership and team management for credit control management, export procedure documentation and compliance
PERSONAL DETAILS
Date of Birth: 5th June 1983
Languages Known: English, Marathi, Gujarati & Hindi
Address: B2 - 1303 Pride Palms Queens, Dhokali, Kolshet Road, Thane, Mumbai - 400 607, Maharashtra
Passport Details: L 9694782; valid upto 26th May 2024
Visa Details: Not Available
Nationality: Indian
Marital Status: Married
Number of Dependents: 4