Kirankumar S. Paida

Master of Business Administration (Finance) Mobile: +91-987*******

Email ID: adzcxl@r.postjobfree.com

Summary

Detailed-oriented Accountant with 13 years effectively maintaining accurate accounting information for multiple group companies. I am eager to learn and grow within the company to utilise my accounting knowledge.

Skills

Vendor Management

Accounts Payable

Bank reconciliation

Accounts Receivable and Billing

Month End Reporting

Employee’s claims processing

GST Reconciliation

VRN and DN booking and knocking off against Bills.

Trade Discounting.

TDS

Vendor Reconciliation

Payment Processing Working.

GRN Pending Report.

Work Experience

Senior Accounts & Finance Executive (April 2022 to Current)

Universal NutriSciences Pvt Ltd

Streamlining and improvements of AP process.

Dealing with Suppliers for negotiating better terms, Vendor reconciliation.

Driving cost reduction expenses.

Other Payables hygiene related work like closure of POs pertaining to earlier periods,

Cleaning up of Vendor Master by deactivation of inactive vendors, updation of tax details.

Confirmation from the MSME vendors with the relevant documents.

Resolving old payment issues to the vendors, both domestic and foreign.

Assistance in the Payables and Fixed Asset area in Statutory and Internal Audit, resolving their queries during audit.

Making provisions for expenses and reversal of expenses as per provision made previous months.

Booking related head office (expenses or material) through GRN and PO based.

Booking reimbursement claims of Head office employees.

Other payments booking before deadline such as Credit Card, Telephone/Mobile, and Electricity etc. and making payment as and when they are due.

Ensuring batch payment as per due batch cycle every month.

Monthly Project Payments amount in start of the month.

Help to Tax team for assessment (Income Tax and Indirect Tax).

Providing supporting documents and explanation to auditors for timely completion quarterly and yearly audit.

Senior Accountant (October 2014 to March 2022)

Mahindra & Mahindra Ltd (MIBS)

Checking of invoices, vouchers as per purchase order, posting of invoices, Adjusting VRN & Destruction notes against invoices, Advance Payment Adjustment against the bills, 194Q TDS adjustment JV’s etc

MSME and Non MSME Vendor Ageing report, MSME Vendor’s interest calculation working.

Bank and Vendor reconciliation on timely basis.

Pending GRN report and follow ups with Plants.

Quality control pending report and release pending QC follow up with plants.

Import Chart and License Mapping working.

Advance to creditors report working and follow up with plants, need to follow up with advances of more than 90 days and ask them to clear it ASAP.

Payment Processing Working like preparing outstanding list of MSME and Non MSME Vendors based on their ageing like adjustment of Debit notes, Credit notes and advance, PO terms, QC status verification, Vendor Master KYC Update, MSME Certificate, Verification of Bank details with Account Number, IFSC Code etc.

Helping team in SAP Development and providing suggestion for new report creation in SAP.

Trade Discounting working - like adjustment of Debit notes, Credit notes and advance, PO terms, QC status verification, Need to check debit balance of each Vendor and removing it after making adjustment with Credit Balance Etc.

Handling Auditors queries and their reports.

Accounts Payable

Processing invoices as per statutory compliances with proper approvals for passing entry.

Invoice booking/uploading according to nature of expenses as per various document types.

Matching invoices and setting up same for the payments.

Reconciliation of the payments and monitor accounts to ensure payments are made up to date and resolve any discrepancies.

Maintaining vendor files of raising and tracking invoices.

Handling all telephone inquiries relating to accounts payable issues.

Corresponding with vendors and respond to inquiries.

Documenting all accounts payable transactions.

Preparing monthly reports and assisting in month end closing.

Assists auditors for the purpose of providing support and documentation on internal processes for accounts payable and receivable.

Compiling financial information related to work for providing necessary documentation and information to the vendors.

Maintaining financial information through files and documents.

Monitoring balances of various accounts and related financial activity.

VAT Audit, VAT Assessments & VAT Refund Activities

Mahindra & Mahindra Ltd (MIBS)

Preparing sales & purchases data for VAT Audit reports as per requirement of Form 704.

Attending VAT Auditors for VAT audit report by filing form -704 duly validating & error free on Govt. portal.

Data preparation & Uploading E- Refund application form -501.

Appearing before Govt. Authorities for verification of Forms during Assessments & providing data in required format

Accounts Assistant (Accounts Receivable) (May 2010 to October 2014)

Machine Tools Pvt Ltd

Daily entering of cash receipts.

Bank reconciliation on monthly basis.

Resolve collections by examining customer payment plans, payment history, credit line; coordinating contact with collections department.

Follow up on collection and allocate payments.

Carry out billing, collection and reporting activities according to specific deadlines.

Perform account reconciliations.

Preparation of monthly MIS reports.

Monitor customer account details for non-payments, delayed payments and other irregularities by Calculating DSO (Days Sales Outstanding) i.e. Account Receivables/Total credit Sales x Number of days.

High DSO number i.e. above 45 DSO customers are monitored separately by doing regular follow ups.

Research and resolve payment discrepancies.

Follow established procedures for processing receipts.

Communicate with customers via phone, email, mail or personally.

Collect data and prepare monthly metrics.

Education

MBA in Finance (2018-2019)

Welingkar Institute of Management

Mumbai Board

Bachelor of Commerce (T.Y.B. Com) (2008-2009)

Kandivali Education Society Shroff College

Mumbai University

Training

SAP – (FI Module) End User

Tally ERP.9

Proteus

Microsoft Teams

MS-Office 2016 (MS- Word, MS- Excel, Power Point, Outlook, Internet)

Personal Details

Date of Birth :19-05-1988

Languages Known : English, Gujarati, Hindi, Marathi

Nationality : Indian

Marital Status : Single

Address : F1-302, Sarova Complex, Janjira Society, Opp.Thakur Village,

Kandivali- East, Mumbai – 400101.

Place: Mumbai Kirankumar S. Paida

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