Ajay Jain

More than 25 years’ experience in Finance & Accountant with in depth knowledge of accounting tools, procedures and transactions. Seeking to work in a challenging environment and grow with the company to achieve its goal and get additional knowledge. Highly analytical, results-driven tax accounting specialist who works quickly and accurately under deadlines.

Detail-oriented Accountant with 25 years effectively maintaining accurate accounting information for large-scale financial organizations.

Sr. Manager – Finance & Accounts - Modern Insulator Limited - Mumbai, MH, India; Corporate office

(2025-06)

• Review daily and monthly MIS of Group companies, (Modern Insulators, MMS, Modern Wellness) highlight variances to management and forwarded to Plant to take action on variance. (Monitor from corporate office)
• Prepare of acquisitions data as per required by management. Also, data downloaded from MCA portal.
• Work on Implementation and automations in daily & Monthly reports.
• Books Hagins clear e.g.- pending old GL balances, Vendor Balances, Customer Balances.
• Visit to plant for stock and asset audit.
• Prepare budget and Projected report.

Dy. Manager – Accounts, West - Region - Adani Cement, (Formerly ACC Limited) - Mumbai, MH, India

(2022-04 - 2025-06)

• Maintained 100% accuracy in calculating discounts, interest and commissions.
• Successfully implemented new technologies and process automations to encourage continuous Improvement.
• Facilitated successful internal and external audits through sound and thorough documentation.
• Composed effective accounting reports summarizing accounts payable & Receivable data. Observing month
• Fortnightly and Monthly Stock inventory monitoring and present final report stock losses & Gains to management for approvals. Also analysing losses reasons for reduces losses.
• Monitor all posted receipts to appropriate general ledger accounts.
• Monitored payments due from clients and promptly contacted clients with past due payments.
• Reconciled discrepancies between accounts receivable general ledger account and accounts receivable trial Balance account.
• Researched and resolved accounts payable discrepancies.
• Balanced monthly general ledger accounts to accurately record cost and month end accruals.
• Reconcile expenses GL and clear books hygiene.

Assistant Manager – Accounts - PRISM JOHNSON LIMITED- RMC (INDIA) DIVISION - Nagpur MH India; West 1 – Region & South-West Projects

(2007-12 - 2022-03)

• Maintained 100% accuracy in calculating discounts, interest and commissions.
• Successfully implemented new technologies and process automations to encourage continuous Improvement.
• Facilitated successful internal and external audits through sound and thorough documentation.
• Composed effective accounting reports summarizing accounts payable data.
• Posted receipts to appropriate general ledger accounts.
• Monitored payments due from clients and promptly contacted clients with past due payments.
• Reconciled discrepancies between accounts receivable general ledger account and accounts receivable trial Balance account.
• Researched and resolved accounts payable discrepancies.
• Balanced monthly general ledger accounts to accurately record cost and month end accruals.
• Coded and entered at least 40-50 invoices each day into the in-house accounting software.
• Created daily and weekly cash reports for accounting management.
• Reconciled vendor statements and handled payment complaints or discrepancies.
• Reviewed all expense reports for accuracy and proper expense disclosure.
• Supervised invoice processing, purchase orders, expense reports, credit memos and payment transactions.
• Filed and addressed employee complaints in accordance with company policies and government regulations.
• Involved in monthly MIS preparation for top management stake holders.

Head Accounts - D.S Electrical Works - Nagpur MH India

(2007-05 - 2007-11)

• Filed tax returns and prepared governmental reports in compliance with strict standards.
• Analysed monthly balance sheet accounts for corporate reporting.
• Cooperated with engineering, manufacturing and corporate accounting to verify that quality standards met.
• Generated financial statements and facilitated account-closing procedures each month.
• Compiled general ledger entries on a short schedule with nearly 100% accuracy.
• Analysed and researched reporting issues to improve accounting operations procedures.
• Computed taxes owed by applying prescribed rates, laws and regulations.
• Proactively researched technical tax issues related to consulting projects.
• Created periodic reports comparing budgeted costs to actual costs.
• Reduced annual tax adjustments by 100% through better financial control.

Accountant - Ganga Iron & Steel Trading Company Limited - Nagpur MH India

(2001-08 - 2007-05)

• Modified a comprehensive financial reporting package to reflect growing organizational complexity.
• Maintained integrity of general ledger, including the chart of accounts.
• Filed tax returns and prepared governmental reports in compliance with strict standards.
• Analysed monthly balance sheet accounts for corporate reporting.
• Cooperated with engineering, manufacturing and corporate accounting to verify that quality standards met.
• Optimized and managed research and development spending through collaboration with key business Leaders.
• Generated financial statements and facilitated account-closing procedures each month.
• Compiled general ledger entries on a short schedule with nearly 100% accuracy.
• Analysed and researched reporting issues to improve accounting operations procedures.
• Trained 5 new employees on accounting principles and company procedures.
• Computed taxes owed by applying prescribed rates, laws and regulations.
• Proactively researched technical tax issues related to consulting projects.
• Created periodic reports comparing budgeted costs to actual costs.
• Reduced annual tax adjustments by 100% through better financial control.
• Suggested budgetary changes to increase company profits.

B Com

M Com (1995-06)

MBA - Finance - Apex Institute of Management – Nagpur MH India (2011-05)

CFP (Charter Finance Planner) - Finance Central India Institute of Management Studies – Nagpur MH India (2016-09)