Aarti Sawant

I am a Management Professional with more than 13 years of multi-faceted experience in Finance Domain

Treasury Associate - Bajaj Electrical Ltd. - Engineering project department

(2009-06)

Duties and Responsibilities

• Preparation of monthly projected Cash Flow and working capital statement
• Prepared Actual Cash Flow Statement with incoming and outgoing payment details.
• Manage various operation of bank accounts.
• Coordination with the bankers for ensuring compliance with the bankers for ensuring compliance related to financing.
• Review details report on payment and collection
• Analysis and control over GL of Banks.
• Booking of payment entries.
• Perform opening and closing CC balances daily.
• Preparing and presenting regular treasury reports/debt profile
• Overseeing day to day financial activities
• Anticipate borrowing needs and advice funds for investment such as FD, Mutual fund investments.
• Ensure sufficient funds are available to cover operational & Capital investments needs.
• Respond and resolve bank queries.
• Accounting and Posting a bank charges in SAP after checking and verifying bank deposits and bank payments.
• Preparing monthly stock and receivable statement to present into bank to obtain Drawing power.
• Trade advances to vendors, Interest on advances and their recoveries.
• Checking Interest Calculations on loans & Fixed Deposit.
• Checking timely reconciliation of Loan Accounts in the ERP system
• Looking out all statutory payment such as GST/PT/ESIC/PF and various others various payments via RTGS/NEFT
• Assist in preparing board report.
• Audit support internal and external
• Providing reports and data for ASM audit
• Issuance of Letter of Credit
• Timey issuance of vendor & customer BG and follow-up for cancellation/ amendment of BG with the bank
• Maintaining of MIS Report of LC ,BG

Assistant Manager Finance & Accounts - Bajaj Electrical Ltd.

• In Accounting Payable (AP) Module, Reconciliation of vendor and confirming the balance with vendors.
• Processing the payment as per allocation after bill boking.
• Commercial understanding for accounting of various bills
• In the Treasury Operations: Payment disbursal to vendors/Contractors through RTGS, Cheque, Bill Discounting etc.
• Ledger Scrutiny of Sundry Debtors, Sundry Creditors and General Ledger.
• Preparation of MIS/Management report
• Preparation of audit require documents, providing necessary documents to auditors.
• Resolving query of auditors at the time of audit.

MBA - Finance - Sikkim Manipal University (2016)

DFM - Welingkar Institute of Management (2010)

B. Com - Mumbai University (2005)

HSC - Maharashtra Board of Secondary Education (2002)

SSC - Maharashtra Board of Secondary Education (2000)