nilesh mandve
About Candidate
Competent Professional with 8 years of experience in Accounting & Audit
functions
− Experience in preparing weekly and monthly management reports on cost
and benefit analysis, productivity analysis and cost variance analysis
− Automated and integrated financial information systems, directed
preparation of financial forecasts with coordinated budget projections
− Steered all Finance & Accounts activities encompassing preparation to
verification, consolidation & finalization of accounts, scrutiny of general
ledger, intercompany reconciliation, funds management and settlement of
payments with all stakeholders (internal & external)
− Established & maintained an efficient MIS System; assessed the prevailing
corporate environments by reviewing and enhancing all financial
procedures
− Performing all assigned audits and assignments in accordance with the
defined standards of Internal Auditing as well as department policies and
procedures
− Proficient in implementing internal control measures and driving cost
savings by coordinating with cross-functional teams and leading process
improvement initiatives
Location
Education
Work & Experience
Executing accounts up to finalization, assisting for preparation of consolidated financial statements, preparation of monthly financial statements, MIS reporting, budgeting & analysis Supervising the data preparation and co-ordination with credit rating agencies likes CRISIL, ICRA & Brickwork, etc. Liaising with Auditors & resolving their queries and ensuring the completion of audit with the stipulated timeframe Managing the work performed by junior team members and subordinates Formulating the review of interim financial results (quarterly results) and preparation of annual reports of the Company Adhering to statutory compliances with authorities Interacting with Tax Auditors and resolving their queries for completion of Tax Audit Ensuring the timely servicing of the debts of the companies and providing various data and requirements to the lenders on demand and ensuring compliance with the escrow norms Managing daily cash flow and its utilization Reviewing financial results; undertook year-on-year and quarterly comparison of company performance both in terms of the top line and bottom line Highlights: Negotiated with the bank for restructuring of the term loan worth INR 2100 Crores; this included waiver of interest on interest and sacrifice of principal
Prepared and presented weekly and monthly management reports on cost and benefit analysis, productivity analysis, inventory turnover analysis and cost variance analysis Maintained fixed assets; streamlined reports, filed returns for fixed assets, handled site wise capitalization and provision, undertook physical verification of assets and ensured that all assets were insured at the correct value Supervised the annual audit and coordinated audit schedules and preparation of statutory, internal and stock audit Reviewed, investigated, and corrected errors and inconsistencies in financial entries and documents that led to transparency in reporting to internal and external stakeholders Ensured compliance with applicable policies, contracts and regulations Undertook Balance Sheet Flux Analysis; Analysed quarterly fluctuations in Balance Sheet Accounts; conducted root cause analysis of accounts having major fluctuations on a quarterly basis Conducted the daily accounting, bank reconciliation & revenue reconciliation Supervised the contractors & employees salary tax deduction at source working Checked the quarterly e- tax deduction at source returns filing for salary & contractors. Conducted the budget preparation for MSBTE a Technical education body, Bandra Led the revenue management audit for Bharti Airtel, Mumbai
Imparted lessons on Computer Basic Course, MS-CIT Learning Course Steered MS-CIT Batches