• Gender: Male
• Age: 45
• Designation: Manager Finance & Accounts
• Highest Education Level: Masters - Degree
• Preferred Country: India
• Preferred Location: Mumbai
• Work Experience: 24.8 Year(s)

Education

2011 MBA (Finance) from M.S University, Tamil Nadu,

2004 M.Com. from Mumbai University with 1st Division

2001 B.Com. from M.L. Dhanukar College of Commerce, Mumbai

Skill Sets

Skill Set
Finance & Treasury
Budgeting & Cost Control Management
Financial Accounting & Fund Management
Forex & Risk Management
Accounts Receivable & Accounts Payable
Cash Flow Statement & Investment
Taxation & Reconciliation
MIS Reporting & Dashboard Requirements
Auditing /Statutory Compliance

Work Experience

Manager Finance & Accounts
From 2006
Company Profile
Is India's largest Cash Management and Payment Solutions firm, and the world's fifth largest ATM Cash Management company

Job Profile-
Managing activities involving:
Foreign Bank Accounts, PCFC Accounts & ECB Loan
Co-ordinating with various divisional heads & locations for their financial requirements
Daily banking operations for fund arrangement & management in Digital banking environment and accumulating bank guarantees, buyers credit & letter of credit
Monthly TDS/TCS payments & preparation of Quarterly E TDS/TCS Returns, Quarterly advance tax Calculations & Payments
Authorization of the E-Tax Payments like (GST, Service Tax, Advance Tax, TDS, TCS, VAT, Custom Duty, PF, ESIC, Stamp Duty and so on)

Liaising with:
Various Banks (MNC, Private & PSU) & NBFC for smooth business operations
Banks / financial institutions for raising adequate finance to meet working capital and long term capital requirements, vehicle loans
Mutual Fund Houses for short term or long term Investment opportunities
Statutory & internal auditors, key vendors for commercial & credit terms.
Bankers for various banking products like WCDL, FCNR, PCL, buyers credit, term loan, vehicle loans, fixed deposits, and foreign exchange rates.
Insurance companies for various Insurance Policy renewals such as Marine cum Erection Policy, Fixed Assets Policy, Stock Policy, Professional Indemnity, D&O Policy, Comprehensive General Liability Policy, POSI Policy.

Preparing:
CMA data & Monthly ECB return
Monthly inter company, creditors/ debtors reconciliation statements and tax audit reports as per the income tax provisions
MIS reports providing feedback to top management on financial performance such as Revenue, Direct and Indirect Overheads, Fund Movement, Cost Control, BU/Project wise profitability and manpower efficiency and so on
Weekly corporate cash flow statements & net debt statements, dashboard for account receivables for various projects & unbilled revenue for services provided. Preparing Quarterly ECL working for financials.
Monthly/Quarterly MIS, dashboard & board pack.
Monthly book debt & stock / drawing power statement & quarterly CCR I & II
Monthly/Quarterly Revenue Assurance of Business Unit with annual Revenue of 400+ crore.

Identifying the fair view of the financial position of the company by preparing financial statements like P&L Account, Balance Sheet and Annual Reports. Working knowledge of INDAS.
Reviewing the foreign currency rates for import & export remittance including the forward & option covers/hedging
Articulating reconciliation of inter branch accounts and monitoring branch records
Merging branch accounts with head office, reviewing monthly bank reconciliations statement
Formulating budgets, conducting variance analysis to determine difference between projected figures & actual expenditure and recommending / taking corrective actions
Monitoring cash flow at corporate level including subsidiary of the company to review the cash position and forecast funds requirements & Parking excess funds if any in Mutual Funds
Performing analytical review of financial statements and evaluating internal control systems for the internal / statutory audits
Conducting internal audits of regional offices on all India basis & also physical verification of stocks & fixed assets
Responsible for renewals & fresh fund & non fund based limits, term loan, vehicle loans, vendor financing, buyers credit and project finance
Accelerating timely interest/EMI payments of various loans including ECB (External Commercial Borrowing)
Administering the due diligence, merger & de-merger requirements, external credit rating requirements.
Assisting in IPO & DRHP related data collection & tabulations.

Highlights
Contributed towards operational working capital management ensuring minimum finance cost and interest leveraging
Assessed the overall estimations of corporate expenses & cash flow statements for various business units yearly
Successfully implemented cash management facility & arranging the Non fund based limits at nominal cost
Examined and reviewed the compilation of monthly interest charged on all working capital facilities & long term loans.
Controlled the overall finance operations including the subsidiaries independently.
Executed soft closure of a month for MIS & Audit, catering to various due diligence requirements for private equity investment such as business unit profitability statement, net cash flow movement.
Successfully constructed and implemented project and vendor management services for ATM installations & Site implementation.
Managed the reconciliations as per the site and project for over 40000 ATMs.
Implemented various cost effective measures, processing insurance claim documents.
Streamlining the Revenue Process for various services & ensure Revenue Assurance for services provided.
Settling the Insurance Claim & provide the feedback to operation team to ensure minimum damages
Reviewing Weekly collection targets with actual & take necessary action & also followed up with key customers for collections
Reconciliations of Revenue related customers data with operation data to avoid revenue leakages.

Account Officer
From Aug’04- Feb ‘06
Company profile- Manufacturer, Supplier, Exporters & Importers of Bulk Drugs, IT, BP, USP, Ep, Drug Intermediates.

Jul’01-Jul’04
V.N. Gandhi & Company, Mumbai (Chartered Accountants) as Account cum Audit Executive