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Accounting Life Insurance

November 30, 2017

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Madanlal Kumawat

B-**, Shivajinagar Housing Society

Bhaudajiroad Sion (West) Mumbai 400022

Contact No- 91-932*******

Mail Id

Skype Id madanlaalkumawt


To work in challenging situations in finance with growth oriented organizations

Personal / professional growth while contributing to the company goals and progress

Professional Qualification:

Master of Business Administration Finance (Two years Full Time) from Tilak Maharashtra Vidyapeeth University at Navi Mumbai in 2008

Academic Qualifications:

B.A from M.D.S University at Ajmer in June 2006, Secured Second class with 58%

Higher secondary education from Board of Ajmer May 2001, Secured second class with 59.5 %

Secondary education from Board of Ajmer June 1999, Secured second class with 57.50%

Work Experience

Working as Associate Analysis with Colgate Global Business Services Pvt.Ltd.-100% Subsidiary company of Colgate Palmolive Company-USA Mumbai from 23th March 2015.

Handling overall payable department of Colgate-Palmolive India Ltd.

Processing invoices of domestic & overseas suppliers.

End to end process of imports A1 & A2 (checking, querying, accounting & payment process )

Process the payment of custom duty and other.

Coordinate with plants and resolve the queries and also handle SRS tickets of request.

Passing entry relate to retention money, maintaining detail of LC & bank guarantee

Processing of direct, indirect expenses ( P.O & Non P.O Expenses )

GRIR clearing and scrutiny of open GR reports/GL account through SAP, ageing invoice such as prepaid expenses, outstanding expenses etc.

Checking of all input credit of GST, RCM, service tax, Vat, Excise & CVD during process the invoices

Deducting TDS to various vendors and also keeping a tab on payment.

TDS working on monthly basis like reverse the tds on advances against invoices, tds rate correction and its calculation.

Managing of advance payment and its knockoff on weekly basis.

Reconciliation & scrutiny of vendor & ledger account on weekly basis.

Preparing the open GRN & IR report on weekly basis and coordinate with particular plant.

Ensure the timely closing of monthly entries in books of accounts & same is as per accounting policies & procedures normally followed in business.

Working and accounting of provision and prepaid expenses on monthly basis.

Preparing report relate to payable on weekly and monthly basis.

Preparing of audit schedule and providing furnish information and explanation to internal and statutory auditors.

Providing testing support in SAP during upgrade the system or change in any compliance of government.

Providing GST testing & support in SAP .

The company is using SAP-FI Module-Version-7400.3.10.1126 for accounting and Google for communication (mail).

Worked as Account Executive & Compliance with Tokyo Consulting Firm Pvt. Ltd. Mumbai from 5th November 2012 to 20th March 2015.

Managing day to day accounting like account payable, account receivable, general accounting, bank Reconciliation, direct & indirect expenses, bill processing, vendor payment etc. (Total Book keeping )

Reconciliation of debtors, creditors, intercompany & other ledgers.

Ensure the timely closing of monthly entries in books of accounts & same is as per accounting policies & procedures normally followed in business.

Prepare the monthly accounting review of clients.

Preparing of reconciliation of all input credit of service tax & Vat .

Prepare the payroll of foreign and Indian employees and its income tax computation.

Preparing of individual and company advance tax and process the payment.

Coordinating with banks for L.C, Overdraft facility & Bank Guarantee.

Processing payment of duties and taxes like Service tax, tds, Vat and CST, foreign remittance etc.

Handling of e-filling of TDS Return, vat and cst return, service tax & profession tax etc.

Computation of income tax and e-filling of return of companies and individual.

Preparing balance sheet, Profit & Loss statement on quarterly, half yearly & annually.

Preparing of weekly MIS & business reports.

Making of annual budgets, variance report etc.

Handling of statutory audit, vat audit (Form -704), income tax scrutiny and also helping auditors for doing smooth audit all over company.

Preparing documentation of incorporation services like Vat Registration, Service Tax registration, Profession tax, issuing of from 16 and 16a, PAN /TAN application, FRRO registration for foreign client etc.

Worked as Senior Officer Finance with DP World Nhava Sheva International Container Terminal Private Ltd. From 2nd September 2011 to 2nd November 2012

Handling domestic and international suppliers (checking, querying, accounting & payment process )

Managing account payable along with import documentation.

Periodic reconciliation of vendor s balance and managing of month ending activities.

Working and accounting of provision and Prepaid expenses on monthly basis.

Calculating and processing prepaid expenses, accruals expenses, royalty, and interest on loan on monthly basis.

Accounting of direct, indirect expenses, general accounting, intercompany accounting and other financial entities.

Handling of taxation like tds, vat, service Tax.

Preparing of audit schedule and providing furnish information and explanation to internal and statutory auditors.

Preparing variance reports of all department and co-ordinate with them.

Preparing of budgets, debtors, creditor s reports and coordinate with them

Assisting in preparation of bank reconciliation and coordinate with bank towards RTGS, foreign remittance etc.

The company is using IFS financial accounting system (Oracle) with purchase and maintenance modules. The terminal operating system NAVIS with in-house developed software for handling special services.

Worked As Senior Account Officer with Travel Port Holiday India Pvt. Ltd Andheri from Nov 2009 to August 2011 Work involved

Handing the day today accounting like bank reconciliation, purchase accounts, sales accounts, general accounts and reconciliations of debtors and creditors accounts etc.

Manage account payable and account receivable.

Oversee the general accounting processes of inter-company, fixed assets and accounting and financial reporting of all entities.

Accountable for the annual physical inventory of all materials/stocks.

Prepare the debtors, creditor s reports and coordinate with them.

Prepare the weekly & monthly MIS and reporting to vice President and Director.

Prepare the fund flow and cash flow.

Prepare department wise monthly sales budget and incentive sheets of all departments.

Handling payroll function of more than 150 employees.

Processing payment of duties & taxes like tds, service tax, professional tax, provided fund, Esic, Vat and CST.

Interact with internal and external auditors in completing audits and prepare audit schedules.

Handling finalization like balance sheet, profit & loss a/c, trail balance etc.

Worked As Accountant with Shrijee Traders Dar-Es-Salaam (East Africa) Since May 2009 to Nov 2009

Worked with Birla Sun life Insurance Co.Ltd from June 2008 to April 2009 as Sales developer Manager.

Internships, Training and Seminars

Prepared the 3 months project with Bharti Axa life insurance company in sales department ( sold the life insurance products )

Training on Fundamental of Terminal operation in NSICT Pvt. Ltd.

Training on Basics in Capital markets conducted by Bombay stock Exchange.

A Seminar on Global services conducted by Institute of Business study & Research.

Personal Details

Date of Birth - 11 January 1983

Passport No - M6907019 ( Validate till 2025 )

Languages Known - English, Hindi, German and Gujarati etc.

Hobbies - playing and watching the crickets, gardening, visiting on adventure palace etc.

I here declare that the above mentioned information furnished by me is true to my knowledge

Name:-Madanlal Kumawat


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