AFSHA KHANAM
Mumbai
Summary
Results-driven finance professional with over 9 years of expertise in financial planning and analysis, strategic budgeting, forecasting, and financial modeling. Known for delivering actionable insights to senior leadership, managing end-to-end financial reporting cycles, and supporting business growth through performance analytics and cost control. Strong command over MIS reporting.
Overview
9
9
years of professional experience
Work History
Finance Manager
DP World
Mumbai
07.2024 - Current
- Cross-functional stakeholder management for accounts payable and accounts receivable, including timely revenue recognition, invoice processing, collections, payments, and reconciliations.
- Directed the budgeting process, performed comprehensive variance analyses, and identified cost-saving strategies.
- Supervised the Accounting team's operations, ensuring accurate reconciliation of long-outstanding GRNs, and implementing book corrections, reducing financial discrepancies by 90%.
- Led and supported month-end close activities, including the preparation of journal entries, accruals, and reconciliations.
- Review the trial balance and ensure timely and accurate financial reporting, including the preparation of monthly MIS, while adhering to timelines as per SOP.
- Created and maintained a dynamic dashboard MIS to monitor KPIs and financial metrics.
- Led statutory/internal audit engagements, resolved issues, collaborated on risk assessments, developed audit plans, and ensured timely implementation of recommendations in line with compliance standards.
Manager - Finance
Reliance Retail Pvt. Ltd
Mumbai
12.2021 - 06.2024
- Proficient in overseeing the complete Procure-to-Pay (P2P) cycle, ensuring timely invoice booking and payment processing.
- Effectively streamline supplier financials through prompt ledger reconciliation and the preparation of cash flow statements.
- Successfully closed long-outstanding Goods Receipt (GR) and Invoice Receipt (IR) items, reconciling discrepancies amounting to over ₹10 Crores in a single month.
- Reviewed and analyzed Business MIS reports and ensured accurate reconciliation with books of accounts, enabling reliable financial reporting and variance analysis.
- Skilled in preparing GST, TDS, and TCS returns in full adherence to applicable tax regulations and Reconciliation of TDS receivables with Form 26AS.
- Experienced in resolving input credit reconciliation discrepancies by collaborating with vendors and cross-functional teams, while ensuring accurate alignment of GSTR2A/2B with the company's books for tax compliance.
- Managed fixed asset accounting, depreciation booking, and regular audits in compliance with accounting standards and company policies, ensuring data integrity and smooth asset transfers across locations.
Senior Finance Executive
Shopkirana E-trading Pvt. Ltd
Indore
10.2019 - 09.2021
- Managed end-to-end bookkeeping and preparation of financial statements for investor reporting, while assisting co-founders with monthly business reviews, financial projections, competitor financial analysis, and internal MIS reporting.
- Collaborated with internal and external consultants for due diligence, internal audits, and tax audits.
- Ensured compliance with direct and indirect tax regulations, including timely filings, reconciliations, and payments; supported responses to tax notices, assessments, and audits by coordinating with tax authorities and internal stakeholders.
- Automated multiple business processes, enhancing operational efficiency.
- Filed ROC forms on time and ensured compliance with secretarial requirements under the Companies Act.
Assistant Manager
Shree Nakoda Infrastructure Pvt. Ltd
Indore
12.2015 - 09.2019
- Prepared financial statements including Balance Sheet, P&L, Cash Flow Statement, and Notes to Accounts in compliance with Indian GAAP and statutory requirements.
- Managed end-to-end statutory audit process, addressing audit queries, ensuring timely submission of schedules, and leading discussions on major observations and process improvements.
- Carried out internal audits to evaluate financial integrity.
- Managed GST, TDS, and income tax compliance, including monthly/quarterly filings, reconciliations with books of accounts.
- Ensured adherence to the Companies Act by filing required forms with the Registrar of Companies (ROC), and maintaining corporate governance standards.
- Provided business-oriented MIS reports to management, enabling data-driven decisions based on accurate and relevant financial insights.
- Led end-to-end ERP implementation, including requirement gathering, system configuration, user training, and post-implementation support to streamline financial processes.
Education
Chartered Accountant -
Institute of Chartered Accountant of India
05-2015
Bachelors of Commerce -
DAVV
Indore06-2013
Skills
- Financial Reporting (IndAs)
- Financial analysis
- Regulatory compliance
- Budgeting and Variance Analysis
- Process Excellence
- Accounts Management (AP/AR/GL)
- ERP implementation
- Stakeholder Management
- Indirect/Direct Taxation
- Cross-functional team management
- Statutory/Internal Audit coordination
- Transfer Pricing Documentation and Compliance
- Cost optimization and process reengineering
- Risk Management and Internal Controls
- Global Tax Compliance & Optimization Strategy
Accomplishments
- Awarded ‘Best Performer’ by DP World for successfully closing critical AP issues within five months, streamlining payment processes, and enhancing operational efficiency
- Recognized for exceptional performance in financial operations and process improvements, contributing significantly to business efficiency and accuracy.
Languages
English
First Language
Hindi
Proficient (C2)
C2
Key Technical Skills
- Microsoft Office Suite
- SAP
- Genius
- Oracle
- Tally
- Power BI
Software
Microsoft Office Suite
SAP
Oracle
Tally
Power BI
Timeline
Finance Manager
DP World
07.2024 - Current
Manager - Finance
Reliance Retail Pvt. Ltd
12.2021 - 06.2024
Senior Finance Executive
Shopkirana E-trading Pvt. Ltd
10.2019 - 09.2021
Assistant Manager
Shree Nakoda Infrastructure Pvt. Ltd
12.2015 - 09.2019
Chartered Accountant -
Institute of Chartered Accountant of India
Bachelors of Commerce -
DAVV
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