A Team Accounts Payable

Mandar Dhavale

I- */***, Ujwal Terraces, Lane-**B,

Raikar Nagar, Dhayri, Pune – 411 041

E-mail: **************@*****.***

Mobile No. 703*******

Result oriented Accounts & Finance professional with rich experience, targeting senior level assignments in AP/AR/RTR with an organization of high repute.

Experience Summary:

Working as Accounts Payable Manager (PTP) & TEM for HQ (Denmark) Region and Handling a Team size of 12 members.

Operational Oversight: Managing the entire AP cycle from Invoice Receipt to payment processing and reconciliations. Implement automation and efficient systems for smoother workflows.

MIS & Reporting: Responsible for Balance Sheet GL reconciliation along with the detailed management comments

Compliance & Controls: Ensure compliance with internal controls. Conduct regular reviews for process improvements.

Audit Management: Support statutory, Internal and IFC audits, ensuring timely closure with minimal observations.

Stakeholders Management: Collaborate with Cross-functional teams to resolve AP queries and maintain strong relationships with internal stakeholders.

Process Improvement: Contribute to the revision of SOPs, Identify improvement areas and action accordingly.

Team Management: Handling a team of 12 peoples, Supervise the Performance of AP Team to meet all agreed SLA through KPI monitoring.

Responsible for Travel and Expense Management end to end activities for Maersk Head Quarter

Dec-19 – Sep-2023-Working with Maersk GSC India Pvt Ltd., Pune as Team Manager (OTC) for 2 entities with 8 Different Locations in India and Handling a Team of 12 members.

Key Responsibilities

Responsible for managing the activities of the invoicing, Cash applications, Credit control, accounts reconciliations, Dispute Management

Monitor aging balances and recommend write offs

Reviewing of Revenue Reconciliation (Billing System vs Accounting System), AR Ageing Report, Bad Debts calculations, Unbilled Receivable schedules.

Driving continuous improvement initiatives and special projects across all entities to further enhance the control environment and simplify processes.

Working along with Tax team for GSTR-1 monthly & GSTR-3B quarterly filing,

Develop and publish weekly / monthly / quarterly key performance Indicators (KPIs) to stakeholders and executive management.

Monitor and evaluate staff performance to ensure duties are properly performed and employees are working towards common business goals. This will include preparation of the annual performance evaluations. Provide constructive feedback and discipline when necessary.

Worked with Vodafone Idea Ltd, Pune as Manager Accounts from Jun-2009 to Dec-2019

VIL is a leading Telecommunication MNC Company providing these services in all 23 circles in India and having a worldwide presence in over 24 countries.

Key Responsibilities

Responsible for Month-end close cycle for Accounts as per the timeline

Closely worked with the operation team and make sure of correct and accurate reporting of Financials (P&L, Balance Sheet) as per IND AS

Coordinate with the Operation Team, FPNA, and MIS Team to provide quarterly income projections and short-term and long-term cash flow forecast.

Analysis & Review of cost centers and provide commentary for major deviations with detailed variance analysis.

Review and approve Monthly Journal Entries for GL postings.

Support in monthly Forecasting, Mid-Year Review, and Annual Budgets

Closely working with FPNA team for preparing ROFO for various expenses and subsequently maintaining the tracker for projections vs. actuals.

Completion of Annual Internal & Statutory audit within defined timelines

Review open & aged items in the Balance sheet and continuously work to keep it under control

Responsible for Month closing activities which includes preparation of user dept provision, analysis of expense variances, maintaining data of various account heads. Preparing and maintaining monthly journal entries

Analysis & Review of monthly financials before TB load in HFB and Post HFM upload.

Responsible for Monthly Payroll GL accounting, statutory compliances for PF, PT, TDS

Previous Experience

Period

Company Name

Designation

Dec-2019 to Current

Maersk GSC Pvt Ltd

Team Manager

Jun-2009 to Dec-2019

Vodafone Idea Ltd

Manager

Jan-2008 to May-2009

Reliance Communications Ltd

Finance Executive

May-2006 to Jan-2008

KPIT Cummins GBS Ltd

Analyst

Jan-2004 to May-2006

Bharati Airtel Ltd

Executive Commercial

Jan-2003 to Dec-2003

Ambika Sales Corporation

Accounts Assistant

Academic credentials.

Period

University/Institute

Degree

Jun-2008 to Oct-2010

Bharti Vidyapeeth University

PGDBM

Jun-2001 to Jun-2003

University of Pune

Master of Commerce

Jun-1996 to Oct-1999

University of Pune

Bachelor of Commerce

Personal Information

Date of Birth 29th June 1979.

Languages known English, Hindi, Marathi (German A2 Level Completed)

Passport & Visa Valid passport available

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