VINAY JOSHI

Finance & accounts professional with

22+ years of experience in India, Nigeria

Personal Details

Address: 124A, Suryadev Nagar,Indore-9

Passport No. : S-9906174 Valid till 12.08.2028

Reach me on: : +919********* : +917********* +234 812-***-**** l Skype name: addh31@r.postjobfree.com: addh31@r.postjobfree.com

FINANCE & ACCOUNTS PROFESSIONAL

[Targeted Roles: Senior accounting role with responsibility For Driving Growth, Expansion And Profits]

SUMMARY:

Result -oriented professional with demonstrated expertise in managing the entire accounting operations encompassing financial management, finalization of accounts, budgeting, auditing, and MIS.

Well versed with modern accounting systems and standards with expertise in preparation of MIS reporting (Balance Sheet, Profit & Loss Account with supported schedules and statement), Budgeting & Fund Source Management, Accounts Analysis, Taxations, Payable & Receivable Management, Reconciliation Statements, Payroll, General Accounting & Auditing.

A keen analyst with good communication, negotiation and relationship management skills. Good exposure in liaising with Banks, Financial Institutions and other external agencies.

Core Competencies

Financial Accounting-Tally 9.0 & ERP(ORION)

Budgeting, Banking & Finance

Cost Accounting

Commercial Activities

MIS, Import documentation, SOP,

MS Office & Audit compliance

CAREER DETAIL:

(A) Assignments-Abroad: 2009 to 2019

From Aug-2017 till Aug.2019

Accounts Manager

MERCHANT INVESTORS LIMITED-LAGOS

Worked with a Trading & Mfg. Business House - Lagos, Nigeria as Accounts and Finance Manager. The company was dealing in various trading items like Plastic Raw Material/Chemicals, FMCG items and mfg. Insecticides for entire Nigeria.

From Mar-2014 till June-2015

Finance Manager [Lagos, Nigeria]

POLARIS TRADE & LOGISTICS LTD. (A Company of Sun Global Group)

The co. has interest in trading business in Building material, Consumer Electronics goods & Home Appliances .

Role and Responsibilities:

Overall Financial Accounting responsibilities-MIS, Finalization of Accounts & attending Audit.

Formulating system for Product cost, Budget to analyse actual

Management of Treasury: Monitoring banking activities (Foreign BC /BCPA operation, Forecasting Cash flow position related to collection against Drs’ o/s, Borrowing & available funds to pay off Trade liabilities, Revenue expenditure & Capital Investments.

Maintain Banking relationships.

Tax Administration-VAT, PAYEE TAX and other statutory matters.

Handle HR activities like payroll preparation, statutory compliances.

Economic Recession in Nigeria : 2015-1016

I came back to India on my periodic leave, but on account of Economic recession in Nigeria, there was negative impact on several companies in Nigeria & massive impact jobs in Nigeria resulting I had to grab small job in India. I joined as Accounts Manager and worked up till jul-2017 with a Export House - Shanti Worldwide-Indore-India, whose business Was mainly exporting Agro Products i.e. Soya beans, chicpease and other pulses to Asian and European countries.

2009 – 2013:

Accounts Head [Lagos, Nigeria]

VERONA SHIPPING LIMITED (DANA GROUP OF COMPANIES)

Verona Shipping Limited is part of Dana Group of Companies, which is a large diversified group with strong presence in West Africa. The group has interest into pharmaceutical, automobile, steel sector, into bulk importation of Industrial Chemicals, Commodities, Electronics and White Goods etc.

Roles & Responsibilities

Heading accounts department for the clearing and forwarding business unit (Verona Shipping Co. Ltd.)

Presenting a true and fair view of the financial position of the company by way of timely preparation of annual reports ensuring analysing the expenditure on a monthly basis to control expenses.

Budgeting, Cash flow, Funds Flow Statements and monitoring collection and disbursement of Funds.

Preparing product wise clearing cost analysis, monitoring competitor’s cost & reporting to Superor.

Supervising day-to-day Book-keeping-finalising quarterly accounts

Tracking of Clearing payments and final billing of clearing Agents.

Monitoring Clearing Overhead v/s Budget.

Preparing debtors reconciliation & following up for accounts receivables after invoicing to debtors, conducting ageing analysis with an aim to keep receivables under control and collections of payments.

Interacting with suppliers & customers; passing of Purchase Bills/ Party & Bank Reconciliations.

Reviewing internal processes and systems in the Finance dept. in light of business requirements & identifying changes to control the risks and improve efficiency and effectiveness. Liaising with the internal auditors and the Group auditors and ensure that the audit requirements are promptly met.

(B) Domestic Assignments: 1984-2008

2004 – 2008:

Senior Accountant [Mumbai, India]

KASYAP SWEETENERS LIMITED

Started way back in 1986 today Kasyap Sweeteners Limited is India’s leading corn refiner and India’s largest Sorbitol producer. The company is into multiple products such as Liquid Glucose, Dextrose, Starch, High Maltose Corn Syrup etc.

Roles & Responsibilities

Handling Accounts payables i.e. Vendor and Statutory payments including Payments, Bank & Vendor account Reconciliations thereof as the payments are centralised at Corporate Office.

Compiling financial reports and preparing MIS & submission thereof to superior.

Handle Bank Reconciliation and supervise cash transactions.

Designing / formulating new system and implementing system for tracking the payments.

Involved in implementation of ERP based on DOT net.

Compiling Financial report, preparing periodical MIS, Ledger scrutiny & Reporting to Superior.

Overhead cost analysis and comparing with budgeted figures, controlling & reporting variances to superiors.

PREVIOUS ASSIGNMENTS:

1999 – 2003: Finance Executive (Pillukhedi plant) with HINDUSTAN COCA-COLA BEVERAGES PLC

1996 - 1998: Branch Accountant /Sr. Accounts Officer [Indore, India] with EXIDE INDUSTRIES LTD 1990 - 1995: Depot/Accounts Supervisor [RAIPUR, India] with WIPRO LTD.

1984-1989: Branch Accountant-Lucas Indian Service Ltd (subsidiary Company of LUCAS-TVS)

EDUCATIONAL CREDENTIALS:

B.COM. from Indore University (D.A.V.V., Indore).

Pursuing for CFA from ICFAI, Hyderabad University.

Undergone the SAP training program sponsored by Hindustan Coca-Cola Beverages PLC.

PERSONAL DETAILS:

Passport Details : S-9906174 Valid till 12.08.2028

Permanent Address : 124-A, Suryadev Nagar, Annapurna Nagar, Indore-452009 (M.P.), India

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