Ghanshyam Sheth

**, ****** ****,

Satara, Mahrashtra.

India- ( 415001 )

Email: acqzil@r.postjobfree.com

Cell no: +091 982-***-****

OBJECTIVE

Seeking a senior position for Finance & Audit executive in a prestigious company where my personal and managerial skill can be used in creating work strategies which are unique and effective hereby ensuring the success of organization in the respective field, also to become a successful management professional and an asset to the organization through the work in the industry. Excel in both independent and team work environments. An optimist to the core .

WORK EXPERIENCE

Business Head & Finance & Audit Executive -- More than 18 years of experience in planning, administration and control of corporate accounting, Finance and Tax operations Excellent Analytical negotiations, project management and customer relationship management skills. PC proficiency in Microsoft Office and specialized accounting and Financial Analysis/ Reporting. I have also Completed Article ship in CA Firm for 3 years & have experience in Internal Audit for last 17 years.

AREAS OF EXPERTISE

Financial planning, Research, Analysis Reporting, Bank Internal Audit, Taxation Earnings Analysis, Forecasting Accounts Payables Month end Reporting Income / Expenses Projections Accounts Receivable Reconciliations Investment Finance Internal Auditor specializing in financial statements.

Well Established with exceptional communication skills to build quality relationships with clients, buyers and upper management. Profit-focused Financial Manager and expert in cost reduction and budgeting.

High- achieving with strong quantitative modeling, process thinking and business analytics skills.

High- profile Financial Manager who represents investment and insurance organizations in analytical, management and sales roles.

Subordinate development, training & monitoring performance through Leadership and Team building & Handled over 175 Outlets ( stores)

Managing and Monitoring 10 to 12 people with Accounts, Commercial, Taxation, Stores, Dispatch.

Finalization of Accounts, Profit & Loss Accounts & Balance Sheet.

Managing statutory compliance submission of Annual Returns of firms Liabilities and Assets.

Evaluating existing control systems/ procedures and effectuating remedial actions/ improvements.

Handling statutory and internal audits and ensuring proper audit compliance.

Managing and Monitored statutory compliances such as statutory payments/ filing returns/Assessments such as TDS, Excise, Service Tax, Sales Tax, Commercial Tax, Central Sales Tax, Entry Tax .

Developed mechanism to avail Input Tax Rebate (VAT credit) through ERP package .

Developed mechanism to prepare detailed worksheet for issuance of C form through ERP package Developing & also suggesting various effective cost reduction mechanisms in areas of RM / PM purchases.

A Competent professional with around 2 Decades of immense experience in Accounts, Taxation, Commercial operation across diverse industries such as India’s accredited FMCG industries.

Accounts, Taxation, Finance and International Accounting and Control of Five Firms in the company, Take decisions related to Financial and Accounting procedures Finalization of accounts and liaison the external / inter Audit, -Financial Statement Report & Balance Sheet Finalization & consolidation of group accounts. Preparation of financial statements & annual reports, in confirmation with corporate policies, Accounting Standards .

Setting up systems for the preparation of MIS reports and other statements to provide feedback to top management on financial performance viz, fund management, credit control, profitability, etc.

Preparation and handling of Payable and Receivable Ageing.

Ensuring compliance & developing check list to the statutory compliance for Tax authorities. Tax Planning, compliance of, returns, assessment, appeal matters related to Sales Tax, VAT of Maharashtra State and Income tax. Ensuring timely filing of tax returns in compliance with various regulatory acts; coordinating in tax audits,-All types of Reconciliation such as Bank, Debtors, Creditors, Excise, Tax liabilities .

SKILLS

SKILL SKILL LEVEL

Account management specialist Advanced

Financial reporting and analysis Advanced

Risk Management Advanced

Business Development Advanced

Costing and integration planning Advanced

Income / Expenses Projections Advanced

Strategic Planning Advanced

Reconciliation Advanced

End-to-End Supply Chains, Materials Management, Data & Root Cause Analysis, Purchase Ordering, Operation Management, Vendor & Contract Management, Inventory Management, Troubleshooting, Procedure Development, Project Management Team Building.

SUPPLY CHAIN SERVICE

Responsible for the design, build, and start-up of an innovative centralized sourcing and redistribution program for the FMCG distribution group. Included purchasing/pricing negotiations with manufacturers, financial analysis, systems development, warehouse location analysis, design, construction, and operations, and management recruiting, hiring and training.

Collaborated with suppliers to upgrade inbound processes through application of bar code receiving systems. Rationalized warehouse service areas and modeled alternate inbound/outbound networks. Worked with customers to provide customized value-added services. Developed comprehensive approach for handling of annual customer returns.

CORE COMPETENCIES

Vendor Development :Carry out vendor assessment based on various parameters such as percentage of rejections, adaptability for new products, quality improvement rate, timely delivery, machinery infrastructure and credit limits. Oversee adherence to quality standards & pre-dispatch inspection at vendor's works. Planning, directing and maintaining warehouse operations efficiently, assigning and evaluating the work performance of personnel assigned at the warehouse. Monitoring purchase, receipt, inspection, storage, cataloguing, inventory and distribution of stock commodities to dealers, distributors, and branches.

EDUCATION

Bachelor of Commerce: Advance Cost Accounting & Auditing

D G College of Commerce, Satara. from Shivaji University,Kolhapur

First class ( June 1972 – April 1975)

Master of Business Administration: Executive MBA in Finance (Distance learning correspondence course)Indian Management School & Research Center(IMSR) (Shobhit University),Mumbai (in collaboration with University of North Virginia)

Distinction ( Jan 2012-March 2013)

CERTIFICATIONS

Certified Tax Consultant from MITCON

Certificate from Nestle India Ltd for valuable contribution of 22 years as a long term Business Partner (Distributor).

Certified Tally ERP, SDS ERP Operator.

Certified in Advance Corporate Practical Training ( Accounts ) ACPT from HR House - Bangalore.

Computer/Professional platform - MS Word, Excel, Power point, Internet

Financial Agent for New India Assurance Company LTD.

WORK HISTORY

M/S N.R.SHETH & Co.

Business Head & Finance (From – Jan 1996 Till Present)

DAILY TASKS

Synthesized financial and budgetary information to solve problems and develop alternative solutions.

Currently besides above, also responsible for working on an assignment which involves -making of reconciliation of accounts (Including bank reconciliation, suppliers reconciliation), so as to streamlining of books of accounts. In all positions held, I have consistently met or exceeded profit and revenue growth goals

P.T., P.F., E.S.I., Calculations, remittances, filings - i.e., payment challans, monthly / annual returns & PF transfer / settlement forms. Knowledge of central excise rules, procedures Cen vat entries etc Maintaining computerized Accounts ledger in Tally packages, Maintaining Debtors & Creditors, expenses & other Ledgers in tally.

Well versed with modern accounting systems, formulation and implementation of policy, procedures and compliance with tax; statutory reporting requirements. -At ease with the delivery of difficult mandates under tight deadlines

Maintaining Bank book and cash book as per Bank Statements. Manual preparation of accounts of different companies and trusts, Auditing of different Banks.

Knowledge in Preparation of Business Plan & Funds Management.

Accurate Accounting of Sales & Receipt, Credit control. Generation of monthly MIS reports of Sales & Collection.

Interaction with Financial Institutions & Monitor Banking, Bank Guarantee, Letter of Credit & Insurance Matters.

Maintenance of daily transaction sheet and bank transaction report together with routine work.

Responsible for TDS and Service tax related accounting & issuing Form 16 A etc.

Analyzed budgets, financial reports and projections for accurate reporting of financial standing.

Created an analytical framework for identifying and developing financial growth opportunities.

Proposed and achieved cost savings by reducing product return rates.

Identified and investigated variances to financial plans and forecasts by interpreting financial results.

Assumed ownership of accounting, forecasting and strategic supply & planning.

An effective manager with the skills necessary to direct, train, and motivate staff to its fullest potential.

HOBBIES

Performing Yoga (Certified Yoga Teacher from Yog Vidya Dham,Nashik),

Swimming, Listening Music, Reading Books.

PERSONAL DETAILS

D.O.B 28/3/1958, Passport Number G 9602469

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