Assistant Manager Finance & Accounts at Quippo Oil Gas Infrastructure Ltd. (2018-10 – 2023-07)
Accountable for month end closing activities, payment processing, GST returns and handling management adhoc requests.
- Day to day payment processing after verification of PO and PI. Manage invoice processing and payments with ensuring compliance.
- Responsible for the daily cash flow of the company with actual and forecasting analysis including reports, dashboard of company business activity and financial position to senior management.
- Comparison of Actual vs Budgeted Expenses to assess operational efficiency for better management control.
- Provisioning of expenses on monthly basis.
- Compute and file GST returns, (GSTR-1, GSTR-3B), and monthly/annual reconciliations.
- Reconciliation of GSTR-2B with Purchase Register.
- E-way Bill generation and reconciliation.
MIS & Finance Analyst at Hotspot Sales & Solutions (P) Ltd. (2013-04 – 2018-01)
Responsible to provide monthly/quarterly/yearly variance analysis for P/L and B/S, daily/monthly MIS.
- Month on month preparation of variance analysis for P/L and B/S and giving variance commentary along with logical justification.
- Daily cash flow and projections, which gives the summary information about the inflow and outflow of the funds.
- Sales MIS, which gives the information about monthly sales of company by stores type wise, zone/region wise, brand wise, product catalogue wise, product group etc.
- Handsets Margin MIS, which gives the information about handset margin by Product group wise, brand wise, zone wise, region wise, stores wise etc.
- Margin Target MIS, in which we track the target given to each store against actual achievement and projected margin for the month.
- Recon for Marketing estimates Vs Marketing budget, and necessary actions for pending adjustment.
- Developed Month End reports for Management on Store profitability, variance analysis with commentary, budget Vs actual.
Accounts Receivable Manager at Hotspot Sales & Solutions (P) Ltd. (2008-05 – 2013-03)
Managed a team of 6 accounts receivable associates. Responsible for accounts receivable management and the supervision of the revenue team.
- Provided hands on analysis, reconciliation of accounts, data management, and contract compliance and reporting.
- Analyzed aging reports and payment trends, provided weekly cash projections and account status to senior management.
- Responsible for quarterly updating, testing, and verification of selected internal controls for the Internal Audit Department.
- Provided technical support and training to sales staff and established policies and procedures for sales and accounts receivable.
- Provided Finance Department with monthly revenue calculation which included net revenue, billable units, any necessary accruals or deferrals, contractual allowance and bad debt adjustments. Also calculated actual to budget variance and analyzed differences to provide variance explanations.
- Reduced DSO from 60+ days to 47 days and over 90 days from 9% to 5% of total Receivables.
- Developed Month End reports for Management on DSO, over 90, top 100 accounts, watch list of high-risk accounts through graphs, and excel spreadsheets.
- Joined as individual contributor in franchisee operation and promoted as Lead for Accounts Receivable within a span of 1 year.
Executive Finance at SSIPL Retail Pvt. Ltd. (2007-10 – 2008-04)
Worked with SSIPL Retail Pvt. Ltd. (A well-known multi-brand Retail chain in India) as an Executive Finance.
- Daily Track Bank Collection included CMS, and makes bank MIS on Daily Basis and Reconcile bank on Daily basis.
- Preparation of Daily Margin MIS, i.e., Store Wise, Brand Wise, Product Wise.
- Daily Tracking of Cash and Credit card Collection.
- Booking customers receipt on a daily basis.
- Finalization of Balance Sheet & Profit & Loss Account with related Schedule and Annexure.
- Preparing MIS Relating to Fund Flow on Weekly Basis.
- Preparing MIS Relating Cheques Deposit on Daily Basis.
- Booking of cash/cheque/credit card on SAP on Daily basis.
- Booking of store related expenses on SAP on Monthly basis.
Senior Executive at CB Gupta & Co. (CA Firm) (2005-08 – 2007-09)
Worked with Meeraj Fashion as Sr. Executive.
- Handling with all the bank accounts of Clients.
- Preparation of bank reconciliation and make MIS.
- TDS related works, monthly tax deduction, deposit and other activity.
- Working knowledge of Store Inventory in Manufacturing Industries.
- Effective Knowledge of Accounting of various type of working Institutions.
