Accounts Payable Receivable
Resume:
NILESH ANANT PATIL
Mobile: 983-***-****
E-Mail: **********@*****.***
B-3/004, Riddhi Park, Thakurli East, Taluka Kalyan, Dist. Thane - 421201
”
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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