NILESH ANANT PATIL

Mobile: 983-***-****

E-Mail: ad453h@r.postjobfree.com

B-3/004, Riddhi Park, Thakurli East, Taluka Kalyan, Dist. Thane - 421201

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Seeking challenging assignments in Finance & Accounts with organization of repute in Corporate through my experience, determination and hard work.

Cash Management Currency Management Funding Management Banking Liquidity Planning and Control Trade Finance Forecasting Accounts Payable Accounts Receivable GST TDS MIS

Bank Reconciliation Finalisation of Accounts Audit

Timely vendor Payment according to Aging report

Monthly vendor & customer reconciliation with balance confirmation

Interact with customers / Vendors to resolve outstanding issues – A/R & A/P

Monthly expenses booking & provision

Handling import payments on bank portal online and proper accounting entry of the payment advice.

Bank Reconciliation

Cash Management

Provide GST & TDS data to auditor monthly.

Performed month end closing and Monthly MIS Report

Assisted in interim and year-end audit (compiling & providing data to auditors) Responsible for overall management of Finance & Accounts of the western region of Pronk Multiservice India Pvt. Ltd. That includes Banking, Funds Management, Liquidity Management, Cash Management, Accounts Payable, Accounts Receivable, Taxation, Monthly MIS Report, Finalisation of Accounts.

Mitigation of Foreign Currency risks by hedging through banks.

Active cash flow forecasting by coordination with sectors and other departments

Banking related compliance on Treasury and Corporate Finance activities.

Fostering and maintaining banking relationships

Managing excess liquidity of Company.

End to End Payroll Processing on time.

Working Capital Management through short term borrowings, suppliers credit, buyers credit, Inter-Corporate Deposit’s etc…

BRIEF

KEY AREAS - SKILL SET

CURRENT EXPERIENCE

From 16th May 22 to till date with ‘Limonics Distribution Pvt. Ltd.’ Thane Bhiwandi as ‘Senior Accountant – Finance & Accounts’

PREVIOUS EXPERIENCE

From 24th Oct 17 to 25th Mar22 with Pronk Multiservice(India) Pvt. Ltd., Thane Bhiwandi as ‘Assistant Manager – Finance & Accounts’

PREVIOUS EXPERIENCE

Mar’15 to Oct’17 with Ball Beverage Packaging (India) Pvt. Ltd., (Previously known as REXAM Beverage Can) Navi Mumbai as ‘Assistant Manager Treasury-Finance’

Ensure compliance with Corporate regulations as well as local legislation and regulations on all areas of responsibility in Treasury.

Responsible for managing, administering and processing the bank’s trade finance facilities and instruments.

Ensured timely payment of vendor invoices (local as well as import) and employee expense reports.

Reconciled bank accounts.

Arranging monthly indirect tax payment of VAT, Service Tax & Excise Duty

Evaluating Returns on TDS, TCS, Service Tax, VAT, Work Contract, GST

Preparing MIS report on monthly balance sheet reconciliation.

Maintain an accurate weekly aging report – A/P & A/R Report

Timely vendor Payment according to Aging report

Make daily collection calls – A/R

Send outstanding report to the customers – A/R

Reconcile A/R to the G/L - A/R

Interact with customers / Vendors to resolve outstanding issues – A/R & A/P

Conduct account research and analysis – A/R

Handled incoming calls from vendor towards payment related queries.

Performed month end closing and posted re-classing entries, Monthly MIS Report.

Assisted in interim and year-end audit (compiling & providing data to auditors) Sept’09 – Mar’15 with Deepak Fertilisers & Petrochemicals Corp. Ltd., Navi Mumbai as ‘Executive Accounts’

Invoice Verification as per P.O. terms including Statutory Compliance, retention money, settling the advances and applicability of LD etc. and process for payment within the due dates.

MIS on vendor advances is being given on monthly basis.

Conferred with vendors to resolve discrepancies on invoices and provided vendors with payment information when requested.

Prepared monthly A/P accruals

Responsible for monthly end to end payroll processing, including verification of input and output.

Prepare reimbursement of working i.e. LTA, medical, telephone etc for the year and make payment as per the eligibility.

Adhering the statutory norms pertaining to compliance as per the provision of TDS,PF,PT,ESIC,Service Tax, WCT and prepare report for payment every month and ensure that payment is done within the respective due dates.

Processed Full and Final Settlements of resigned employees.

Prepare monthly payroll comparison sheet to finalize monthly payroll for salary disbursement.

Compilation of data of Service Tax along with maintaining necessary records for audit purpose.

Processed employee expenses report and credit memos in accordance with company policy by verifying and completing accounts payable transactions.

Responsible for Import documentation and proper accounting entry of the payment advice.

Responsible for Cash Management, i.e. physical verification of cash on daily basis and MIS on cash advance on monthly basis.

Reconciled Bank Accounts.

Assisted in interim and year end audit.

May’03 – Sept’09 with Kaizen Innovative Products Pvt. Ltd., Rabale as ‘Accounts Officer’

Maintenance of daily Cash Book, Bank Book and other subsidiary registers.

Post transactions timely and accurately.

Posted Journal Entries

Maintained General Ledger and prepare financial statements.

Preparation of monthly bank reconciliation.

Responsible for statutory payments within i.e. PF,ESIC,PT,ESIC within due dates.

Involvement in the finalization of accounts, monthly/Annual closing of Books of Accounts.

Responsible for TDS return filling & issue of Form 16 & 16A within a stipulated time.

Co-ordination with the auditors during year end and quarter audit. June’95 – Apr’03 with Midas Care Pharmaceuticals Pvt. Ltd., Andheri as ‘Accounts Assistant’

Maintenance of daily Cash Book, Bank Book and other subsidiary registers of Company & Consignment Sales Agents.

Calculation of commission of different Consignment Sales Agents as per the bills provided by them.

Preparation of monthly Bank Reconciliation of Company & Consignment Sales Agents.

Post transactions timely and accurately.

Involvement in the finalization of accounts.

IT SKILLS

SAP FICO

Tally ERP

Microsoft Dymamics

Microsoft Office

EDUCATION

B.Com. from Mumbai University, in 1991

Other Courses:

Diploma in Computer Application

Typing with speed 40 wpm

PERSONAL DETAILS

Date of Birth: 14th October, 1970

Languages Known: English, Hindi and Marathi

Place:- Mumbai

Date:- 10.04.2024 (NILESH A PATIL)

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