Experience

M-INSURE

• India
• Software Development
• 1 - 100 Employee

• AGM - Finance and Accounts

  • Feb 2022 - Present



Kanika Investment Limited

• India
• Financial Services
• 1 - 100 Employee

• Head Finance & Accounts (Group Manager)

  • Dec 2019 - Feb 2022

• Head Finance & Accounts

  • Feb 2017 - Nov 2019

  ☛ Coordinated to raise Rs. 600 million of loans (Working Capital & Term Loan)☛Managing the Working Capital Requirements for the company, coordinating with Various Banks & Financial Institutions for availing fresh line credit and to enhance the limits ☛ Prepared 3 to 5 years Business Plans for Credit Rating agencies and for other Financial Institutions (for Fund Raising). ☛Formulating an Annual Business Plan (ABP’s) and analyzing them with past actual performance, ☛Half yearly Review of the Budgets, preparing new revised budgets based on the analysis of the budget, inferring the reasons for deviations.☛ Monthly closing of accounts & preparations of Financials (Profit & Loss, Balance Sheet and Cash Flow)☛Monthly analysis of Financials & presentation to the management in case of any variance in the Income & expenses☛ Responsible for Half yearly & Annual Statutory audit from one of top Six Audit firms☛ Managing direct and indirect taxation and regulatory compliance☛ Managing the Treasury function, ensuring minimum interest cost to the company☛Lead the various change management initiative to standardize and improve processesPROJECTS ACHIEVED☛ Project Manager for development & implementation of Loan Management System (LMS) for one of the largest dealer finance programs in the industry. The system developed is unique with a differentiated product design, highly automated processes and has no parallel in the industry. Show less



FIITJEE

• India
• Education Administration Programs
• 700 & Above Employee

• Senior Manager

  • Apr 2013 - Nov 2015

  ☛Formulation of Annual Operating Plans including planning for new initiatives. ☛Analyze budget proposals, financial reports and expenditures, and develop recommendations for budget allowances. ☛Analyse key financial data and KPIs within the company, ensuring that management receives timely, accurate and relevant information ☛Analyzing Variance & Reporting to Management (actual v/s forecasts v/s budget, current V/s Last Quarter V/s Last Year, identify, analyze and report the causes of variances) ☛Ensuring that the revenue is recognized as per the current company policy. ☛ Managing & Monitoring Cash Flow Statement ☛Responsible for the Employee Compensation & Benefits of the employees covering the complete life cycle from Joining to Full & Final settlement. ☛Responsible for ensuring that all statutory liabilities are complied within the deadlines mentioned along with documents (PF, ESI, TDS & PTAX). ☛Timely issuance of Form-16 along with Form-12BA as per the Income Tax Act. ☛Responsible for E-filing of Form-27 A (Quarterly Income Tax Return). ☛Responsible for audits, audit requests and maintain appropriate controls and documentation. Show less



Sai Vending Services

• New Delhi Area, India

• Manager Finance

  • Sep 2011 - Apr 2013



SBI Life Insurance Co. Ltd.

• India
• Insurance
• 700 & Above Employee

• Senior Manager - Finance & Accounts

  • Sep 2007 - Jan 2011

  o Monitor departmental expenditures to ensure proper allocation of budgeted funds. o Complete Quarterly budget analysis and provide information for necessary budget adjustments. o Half yearly Review of the Budgets, preparing new revised budgets based on the analysis of the half yearly budgets with the participation of Department heads and management. o Monthly reviews of financial statements to identify deviations and drive resolution of these deviations. o Perform review at month end, ensured timely and orderly closing of monthly accounts and preparations of Financials (Profit & Loss Account, Balance Sheet & Cash Flow statements) o Prepared monthly reports for Management Committee o Prepare monthly Profit & Loss Account at the branch level. o Analyzed the individual performance of each team member and motivated them to perform even better. o Implemented Cost Control measures & helped reduce operating costs for the region by 30% PROJECTS ACHIEVED o Development and implementation of Online Expense Management system, the system was utilized for online uploading & punching in expenses related to Sales and branch operations expenses. The system helped reduce TAT and manual entry errors Show less



UKLI

• Real Estate
• 1 - 100 Employee

• Assistant Financial Controller

  • Jan 2006 - Sep 2007

  o Set up the Finance and Account Department for the company. o Developed & implemented the policies and procedures to be followed by the company in regards to Finance and Accounts department. o Initiated and implemented Procedure for managing of Accounts Receivables on the basis of aging o Producing Budgets in Liaison with all department heads and started a very strict discipline of cost control to help the company increase profit. o Involved in preparation of Monthly Profit & Loss account, Balance Sheet and Cash Flow statements. o Presenting monthly analysis of any variance in the Income & expenses to the Management Team. o Overseeing Monthly, Year-end closing and Statutory audit process. o Manage performance of individual teams through performance management techniques, career planning strategies and sharing of best practices. ACHIEVEMENTS & AWARDS o Introduced policy for monitoring of Accounts receivable adopted by the Group and helped reduce receivables by $ 3 million o Peak Performance Award, for setting up the Finance & Accounts Department & implementing Best Corporate Policies & Practices. Show less



Bajaj Allianz Life Insurance

• New Delhi Area, India

• Assistant Manager- F&A

  • Aug 2001 - Dec 2005

  • Monitoring the actual Sales and Expenses figures on Monthly basis. • Designing & implementation of Internal control for effective and smooth function of processes. • Preparation of annual & monthly budgets for the Branches & the Regional Office. • Periodic visiting of branches for the purpose of Audit & control. • Approving employee reimbursement and supplier bills. • Monitoring the actual Sales and Expenses figures on Monthly basis. • Designing & implementation of Internal control for effective and smooth function of processes. • Preparation of annual & monthly budgets for the Branches & the Regional Office. • Periodic visiting of branches for the purpose of Audit & control. • Approving employee reimbursement and supplier bills.



Australian Trade Commission

• New Delhi Area, India

• Assistant Operations Manager

  • Nov 1999 - Jul 2001



Nestle India Limited

• New Delhi

• Assistant Manager

  • Feb 1996 - Nov 1999