Parag Thorat
Chartered Accountant, MBA, GDC&A
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About
Versatile 20+ years experienced Chartered Accountant, hands on with entry level to senior level management.
Handled
Indian, International, centralized, de-centralized teams. Handled multiple core projects in IT, Business, like ERP implementation, GST Implementation, Blackline Implementation for India and other countries.
Experience in diverse work culture by working in and with at least 15 countries including USA, Latin America, Europe, Asia, Australia. Worked as Certified Scrum Master for International decentralized Agile Team and currently working as Accounting Manager for Finance company of MNC in India.
Experience
Accounting Manager - John Deere India Pvt Ltd. - Pune, Maharashtra
(2011-03)
This is Subsidiary of Deere & Co (US Based fortune 100 company) leading in Farm Equipment Manufacturing, providing affordable finance to farmers and dealers to ease equipment purchase. Gained experience and expertise in different areas of business of increasing responsibilities during last 14 years with this company.
- RBI compliances and reporting
- Handling internal and external auditors
- Budget and forecast preparation and tracking
- Reporting and MIS for India and US leadership
- SAP Blackline implementation
- Setting up accounting function for brand new unit including hiring of people
- Creating policies, procedures and internal control matrix
- Helping business head setting up production, inventory, logistic solution for the unit
- Liaising with government officials for certifications
- Driving cross functional teams for companies common goal
Audit Supervisor - John Deere India Pvt Ltd. - Pune, Maharashtra
(2011-03)
- Planning and execution of audit engagement for worldwide units
- Managing multi country audit staff and work planning for them
- Rich experience of 15+ countries on-sight work
- Working with Deloitte, E&Y, KPM on internal control projects
SPOC for System development - John Deere India Pvt Ltd. - Pune, Maharashtra
(2011-03)
- Helping project manager to keep things on track
- Clearing impediments in project by working with multiple stake holders
- Delivered result in GST implementation project by demonstrating leading without authority to overcome challenges faced by other team members
- As a Scrum Master of a product team where members are from different countries, time zones and culture, managed projects deliveries in time by removing impediments in the projects
Controller - Spicer India Ltd. - Pune, Maharashtra
(2010-06 - 2011-02)
Joint venture of Dana International (US MNC) with Anand Automotive Ltd who is leading manufacturer of off and on road vehicle axles.
- Detailed MIS reporting
- Closing of financials on 3rd day of month end
- Sox audits and Royalty working for Dana Intl.
- Debtors and creditors management
- Annual budget and forecast monitoring
- Leading cost reduction projects with productivity improvements
Controller - McLube Asia Pvt Ltd - Nashik, Maharashtra
(2006-11 - 2010-05)
Joint venture of McGee Industries Inc McLube India who is leading manufacturer lubricants and release agents of industrial use.
- Setting up standard costing for the company
- Production planning and resource planning
- Taxation, excise, VAT, Duty Drawback working
- Fund management and utilization
- Handling HR, Direct tax and Indirect tax team in addition to accounting and finance function
Management Trainee - Mahyco Seeds Ltd - Mumbai, Maharashtra
(2005-09 - 2006-10)
Focused in R&D, production and marketing of seeds for India agricultural sector.
- Fund management as per HO needs
- Scrutiny of day to day accounting of group companies
- Cash handling and daily bank transactions
- HO travel and expense scrutiny
Article ship and free lancing - Self-employed - Nashik, Maharashtra
(1999-01 - 2005-12)
- Income tax working and return filing
- Corporate audits and tax audits
- General office administration
- Account writing (manual and computerized)
- Teaching to juniors and college students
- Post graduation and other certifications
Education
PGDBM - Business Management - Symbiosis Institute of Business Management (2025-12)
Chartered Accountant - Accounting - Institute of Chartered Accountants of India (2005-05)
G.D.C.&A. - Government Diploma in Cooperation & Accounting
B. Com - Commerce (1998-12)
