ANAND CHAUDHARI

Mobile No. +91-989******* Whatsapp no. +919*********

E-Mail: adjg84@r.postjobfree.com / adjg84@r.postjobfree.com Middle Management Professional

Finance & Accounts

P R O F I L E S U MMARY

A focused professional with nearly 27 years of experience in:

Finance & Accounts Accounts Payable Inventory Valuation GL Reconciliation MIS Liaison & Coordination

Proficiency in managing financial accounting, receivables & payables management, ledger books, bank reconciliation statements and reporting.

Excellence in formulating accounting systems and preparing accounting records/financial statements

Pivotal in making proper optimization of funds resulting in savings of 3 MINR.

Functioned as a Team member for reducing Inventory (Six-Sigma Project)

Successfully managed business transformation wherein process of ERP was streamlined and upgraded; served as a Financial Team Leader and coordinated with Finance and other Depts.

Sound Knowledge in preparing financial statements including trial balance, reconciliation reports, profit & loss account, age- wise accounts payables & receivables statements and balance sheets

Skilled in streamlining working procedures, formulating cost effective solutions for enhancing accounting operations

An effective communicator with excellent relationship building & interpersonal skills C O R E C O M P E T E N C I E S

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

Ensuring that all payments are made within the stipulated time frame and managing accounts payable within the pre-set parameters and responsible for accounting of rejections and reconciliation, etc.

Implementing systems, procedures for preparation & maintenance of statutory books of accounts & financial statements, ensuring compliance with statutory requirements

Performing analytical review of financial statements and evaluation of internal control systems for carrying out internal / statutory/ tax audits /government audit / management audit and special audit

Processing accounts payables-ageing of creditors/payables, releasing the payments as per terms/conditions, also administering payroll policies to ensure timely compliance with statutory obligations O R G A N I Z A T I O N A L E X P E R I E N C E

From October’19 till 30.06.2020: Vserveglobal Private Limited (Manager Accounts Distribution Business) Briefly about Vserveglobal: It is a trading company & his having Head office in Hongkong. The company is mainly in to trading of Industrial Chemicals, water treatment chemicals & metal scrap. Key Result Areas:

Supervising:

o Preparation of P&L for Bulgaria, Turkey, Malaysia & 2 offices in Latin America. o Setting up the processes for respective locations o Approving of Deals after calculating the profitability of the same o Analysis of PNL to HO.

From May’18 till May 2019: Mount Meru Millers Uganda limited (Head Finance & Accounts) Key Result Areas:

Supervising:

o Sales accounting & following-up for outstanding payments with external customers o Purchase accounting & following up with suppliers for outstanding debit & credit notes o Monthly closing of books of accounts.

o Monthly reporting for management.

o Intercompany reconciliations.

o Responsible for Statutory Audit & Internal Audit o All Accounting through Tally ERP system.

o Logistics handling

Achievements:

Increasing the profitability for company owned tankers by way of increasing the no. of trips Reduction in clearing charges for two countries, savings up to $15000 per anum. Since Jan’17 till May 01 2018: ETG Parrogate Cotton Malawi as Finance Manager (based in Malawi) Key Result Areas:

Supervising:

o Sales accounting & following-up for outstanding payments with external customers o Purchase accounting & following up with suppliers for outstanding debit & credit notes o Monthly closing of books of accounts.

o Monthly reporting for management.

o Intercompany reconciliations.

o Responsible for Statutory Audit & Internal Audit o All Accounting through Tally ERP system.

Achievements: Reduction in fuel cost for Factory & Vehicles approximately $12000 per anum. Since Jun’15: ETG Parrogate FZC, Dubai as Accountant (based in Pune India) Key Result Areas:

Supervising:

o Sales accounting & following-up for outstanding payments with external customers o Purchase accounting & following up with suppliers for outstanding debit & credit notes o Monthly closing of books of accounts.

o Monthly reporting for management for two companies. o Intercompany reconciliations.

o Consolidation of monthly reports of 5 companies. o Joint Venture reporting. (Olam & Continental Ginnery Limited) o Internal auditing of Zambia Accounts (Sales, Purchase, Bank reconciliations & checking for Interest charged by banks on OD facilities)

o All Accounting through Tally ERP system.

Feb’13 – Oct’14: Continental Ginnery Limited, Lusaka Zambia as Finance Manager. Company engaged in Manufacturing of Cotton Lint, Cooking Oil & trading of White Maize & Fertilizer. Key Result Areas:

Managed monthly payroll for Local Staff

Supervised day-to-day office administration & upkeep of estate

Day to day recording of accounting transactions.

Doing follow up with the customers for outstanding receivables.

Coordinated with Government authorities for VAT audit & External Auditors for finalization of Accounts & other statutory requirements.

All Accounting through Tally ERP system.

Achievements: VAT Audit returns amounting to $110,000 Jul’94 – Feb’13: SKF India Limited, Chinchwad Pune as Deputy Manager– Finance Key Result Areas:

Accounts Payable & Accounting:

Supervised a gamut of activities including:

Daily liability creation for accepted material

Suppliers’ ledgers scrutiny

Raising of debit notes on suppliers for rejections, penalties and discount Recovery of advances / debit notes

Processed bill for domestic suppliers

Established good relationships with service providers & vendors Performed suppliers account reconciliation

Conducted monthly ageing analysis of creditors & worked on open items Inventory Accounting:

Performed valuation of Stores & Spares, Raw material and Raw material sent to sub-contractors

Ensured posting of all transactions such as receipts, issues & consumption posted by the Stores Person in ERP System at month-end

Supervised manufacturing imported material acceptance in ERP System

Managed reconciliation of stocks of raw material, shop supplies & material lying with sub-contractors for 3 manufacturing locations in India (Pune, Bangalore & Haridwar).

Treasury:

Received quotes/rates from various banks for term deposits

Placed surplus funds in term deposits

Fixed rates with bankers for Foreign payments, if borrowed from INR Account

Accounting for Interest & Cluster

Fund Accounting:

Supervised:

o Clearing of transfer in cases

o Settlement of PF transfer out and withdrawal cases o Investments for PF SA & Gratuity

o Settlement of superannuation withdrawal cases

Clearedtransfer IN / Out cases for superannuation Excise, Sales Tax & Service Tax:

Sound knowledge about RG 23 Part I, Part II & RT 12, Cenvat& Customs and VAT & CST Achievements:

Instrumental in setting-up discounting scheme for suppliers in ERP System

Functioned as:

o Team Member in two Six-Sigma Projects

o Active Team member & Project Leader for one of the manufacturing plant in India for Automatic Bill processing (Group Project)

o Team Leader Finance for ERP implementation for Three Manufacturing Units in India.

Served as Active Member in:

o Implementation of ERP System in Bangalore unit

o Six-Sigma Project for reduction in inventories

o Finance Process Development Team for procurement process

Contributed in delivering support in the implementation of Group ERP (MAPICS & SARA- AS 400 platform) system which resulted in Automated monthly & yearly reporting.

Bagged 3 awards in year 2006 & 2007.

Year 2006- Outstanding contribution as a member of Core Finance Team.

Year 2007- Outstanding contribution as a member of SARA (Group ERP) implementation team.

Year 2007- Finance Team member of reporting Team.

Bagged 6 Certificate of recognitions in Accounts Payable area & ERP implementation at Bangalore factory. I N I T I A L E X P E R I E N C E

Nov’92 – Jan’94: Bajaj Auto Finance, Akurdi Pune as Accounts Trainee P R O F E S S I O N A L Q U A L I F I C A T I O N S

DTL (Diploma in Taxation Laws) from Symboisis Institute Pune, Pune University in 1993

B.Com. (Bachelor of Commerce) from Garware College of Commerce Pune, Pune University in 1992 P E R S O N A L D E T A I L S

Date of Birth: 7th April 1971 Passport No. N0502355 Permanent address: Flat No. - 3 Akashdarshan Co-op. Hsg. Soc., Plot No. 76, Rambaug Colony, Paud Road, Pune - 411038 Languages Known: English, Hindi and Marathi

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