Sr. Accounts Manager at Indo Amines Ltd (2025-03 – Present)
- Led month-end and year-end financial closing, ensuring timely preparation of MIS, Management report, and financial analysis for senior leadership.
- Oversaw monthly provisions, accruals and expenses recognition in compliance with accounting standards.
- Managed Inventory valuation, Profit Elimination and compliance with Ind AS/AS 2 requirements.
- Reviewed Foreign exchange accounting, including realized and unrealized forex gain/loss.
- Led quarterly, Half yearly and annual financial reporting for listed company and served as primary liaison for statutory auditors.
- Monthly CAPEX closing and Capitalization along with Asset Tagging.
- Monitored receivable/payable reconciliation and drove timely resolution of outstanding debit note and balances.
- Ensured timely vendor invoice accounting and GST ITC reconciliation with GSTR-2B.
- Established robust Reconciliation process across GL, vendor, customer, inventory and inter-company accounts.
- Strengthened inventory controls through periodic reconciliation of ERP inventory with Physical Stock and analysis of inventory variances.
- Having Experience of Handling Engineering Division.
- Presented Financial Statement, key business insights and variance analysis to senior management, Board of Directors and Audit Committee members.
- Led ERP implementation and migration, ensuring seamless transition, financial data integrity and process standardization.
- Directed Budget monitoring, variance analysis, and cost control initiatives to improve profitability.
- Partnered with cross-functional teams to strengthen financial controls and operational governance across manufacturing location.
- Ensuing internal control at plant level and resolving issues with Commercial Manager.
- Identified and implemented cost optimization initiatives, including procurement and operational cost reduction programs.
- Supported strategic business initiatives, Project monitoring, Pricing analysis and process improvement projects assigned by management.
Commercial Manager at Indo Amines Ltd (2019-02 – 2025-02)
- Reviewing Changes in Raw Material Cost and its effect of FG and Packing Cost.
- Monitoring Power Cost and Utility Cost also its effect on profitability and highlighting any abnormal cost factor.
- Calculating and monitoring Transportation and other Overhead and its effect on Profitability.
- Reviewing Batch costing to evaluate current profitability and set target rates.
- Identified Production Deviation / Loss, Downtime, Time Deviation, Yield, Batch Cost and Batch sheets and resolving.
- Sales price monitoring and its profitability. Also updating MSP (Minimum Sales Price) to marketing dept to get desired profit and margin.
- Preparing and Checking TDS working, challan payment and return filing.
- Checking and filing data for GSTR-1 with reconciliation of eInvoices.
- Checking and filing data for GSTR-3B.
- Audit of Stores – MRN, GRN, Material Shortage, stock audit.
- Controlling Engineering Store and consumption.
- Reviewing Transport rates, Documentation, etc and resolving any usual fluctuations.
- Bill checking - RM, PK, ST, Service as per actual site measurement and
- Sales price monitoring and profitability.
- All commercial Negotiations.
- Finding possibility to reduce cost / Cost Reduction.
- Periodical Checking of Stock.
- Periodical cash reconciliation.
- Periodical Departmental Audit.
Article Assistant at Kawdia Parakh & Associates
Completed Articleship as an Article Assistant from an esteemed firm practicing in Direct Taxation and handling Scrutiny Assessment.
- Internal audit of Maharashtra State Electricity Distribution Company Limited (MSEDCL) at Divisional level involving variance analysis, Actual VS Budget expenditure, Cash Verification, Profession Tax compliances, Negative balance ledger, Physical Asset verification, observation for improvement, etc with basic knowledge of SAP.
- Internal audit of Maharashtra State Electricity Distribution Company Limited (MSEDCL) at Divisional level involving Consumer wise list includes Avg. billing consumers, Consumer having arrear and its enquiry, Negative billing consumers, High billing fluctuations, etc.
- Stock audit at Divisional and Sub-divisional level involves Physical Verification of items, Period wise classification of Non-Moving Stock
- Tax audit of clients engaged in various types of business (Trading, Transportation, Petrol pump, Profession such as Doctor & various other business).
- Appeals and Assessments, drafting formal replies to Income tax notices.
- Preparing Project report and CMA report for Project finance and Cash credit or Term loan.
- Dealt with Finalization of accounts, TDS, tax planning and preparing Income tax returns of various types of clients.
