Summary
Overview
Work History
Education
Skills
Timeline
Generic
AJAY KUMAR PATHAK

AJAY KUMAR PATHAK

Accounts & Finance Professional
Flat No. 211 Creative Heights Sector 29 Rohini

Summary

Dynamic professional with over 15 years of experience in accounting and finance within the retail sector, eager to embrace challenging opportunities at a reputable organization. Committed to fostering growth, advancement, and a positive work environment, with a focus on contributing expertise to a team that values innovation and excellence. Passionate about making a meaningful impact while upholding industry standards, with a proven track record of delivering results and enhancing operational efficiency. Prepared to leverage extensive knowledge and skills to support organizational goals and elevate overall team performance.

Overview

15
15
years of professional experience
1
1
Language

Work History

Senior Manager: Accounts & Finance

Arya Groups
08.2022 - Current
  • Established strong relationships with banks and investors, securing favorable financing terms for business growth initiatives.
  • Oversaw the preparation of monthly financial statements, ensuring accuracy and timely reporting to bankers and stakeholders.
  • Streamlined month-end close process through automation initiatives that increased data accuracy while reducing time spent on administrative tasks.
  • Enhanced internal controls by implementing strict compliance procedures and conducting regular audits.
  • Managed the financial planning process, resulting in more accurate forecasting and informed decisionmaking.
  • Oversaw the preparation of monthly financial statements, ensuring accuracy and timely reporting to stakeholders.
  • Mentored junior finance staff members, fostering a culture of continuous learning and professional development.
  • Increased financial efficiency by streamlining budgeting processes and implementing cost-saving measures.
  • Liaising with the multiple banker and NBFC institution for fortnightly fund required and raising for working capital demand.
  • Developed policies and procedures for cash management, optimizing working capital usage and reducing borrowing needs.
  • Implemented new accounting software to automate manual processes, increasing accuracy and efficiency in financial reporting.
  • Improved cash flow management by monitoring working capital requirements and implementing best practices for optimizing liquidity.
  • Led due diligence efforts for mergers and acquisitions, identifying potential risks and opportunities for value creation.
  • Directed annual budget process and quarterly forecast updates, integrating financial data from multiple sources to ensure accurate projections.
  • Reduced outstanding receivables through improved credit control procedures and proactive collection efforts.
  • Managed successful implementation of new ERP system which improved interdepartmental communication across all organizational levels.
  • Conducted in-depth analysis of the company''s financial performance irrespective of the industry benchmarks, highlighting areas for improvement or potential risks.
  • Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.

Assistant Accounts Manager

Praveen Aggarwal and Co. (CA Firm: Client Service)
11.2020 - 07.2022
  • Supervised day-to-day operations to meet performance, quality and service expectations.
  • Completed regular inventory counts to verify stock levels, address discrepancies, and forecast future needs.
  • Coordinated with vendors to ensure timely delivery of products and resolve any supply chain issues.
  • Performed root cause analyses on identified issues, providing actionable recommendations for long-term improvements in business practices.
  • Increased compliance with regulations through regular monitoring of internal controls and procedures.
  • Leveraged technology tools such as data analytics software to enhance the efficiency and accuracy of internal audits conducted.
  • Enhanced audit efficiency by implementing risk-based audit strategies and streamlining processes.
  • Reduced financial discrepancies by conducting thorough internal audits and identifying areas for improvement.
  • Improved team performance by providing ongoing training, guidance, and mentorship to junior auditors.
  • Managed client relationships, resulting in increased retention and loyalty.
  • Consulted with clients after sales and contract signings to resolve problems and provide ongoing support.

Senior Accountant

TSG Groups:
10.2014 - 10.2020
  • Reconciled accounts and created documents for monthly closure procedures.
  • Updated general ledger with latest entries.
  • Reviewed documents and accounts for discrepancies and resolved variances.
  • Completed year-end closing processes with controllers and external auditors.
  • Provided timely and accurate financial reporting to senior management, enabling informed decision-making based on reliable data.
  • Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
  • Assisted in internal and external audits by preparing necessary documentation and responding to auditor inquiries.
  • Reconciled balance sheets and streamlined best practices for balance sheet processes.
  • Coordinated with various departments to gather financial data, ensuring accurate representation of each business unit''s performance.

Assistant Executive

3i Infotech Consultancy Services
06.2010 - 04.2014
  • Self-motivated, with a strong sense of personal responsibility.
  • Excellent communication skills, both verbal and written.
  • Proven ability to learn quickly and adapt to new situations.
  • Skilled at working independently and collaboratively in a team environment.
  • Managed time efficiently in order to complete all tasks within deadlines.
  • Assisted with day-to-day operations, working efficiently and productively with all team members.
  • Provided administrative support during high-profile events attended by top executives which contributed to company''s brand image.
  • Optimized customer experience by delivering superior services and effectively troubleshooting issues.

Education

MBA - Accounts, Operation & Control, Finance

NMIMS
New Delhi, India
06-2018

Professional Certification - Accounting Professional

RK Malhotra Institution
Rohini Delhi
01.2014

B.COM - Commerce

DU
New Delhi, India
07-2013

Intermediate (10+2)th - Science Education

CBSE Board
New Delhi, India
06-2010

Diploma Certificate - Computer Application and PC+

Global Pro Institution
Pitampura, Delhi
04-2009

High School Diploma -

CBSE Board
New Delhi, India
04.2001 -

Skills

Tally Prime Tally ERP,

Infoman, DMS,

MS-office-Advance Excel,Word, Power Point, and Outlook

Cash flow management,

Internal controls,

Investment analysis,

Revenue growth,

Profit maximization,

Financial budgeting,

Strategic planning,

Mentoring and training,

Financial modeling

Multitasking Abilities

Supervision and leadership

Timeline

Senior Manager: Accounts & Finance

Arya Groups
08.2022 - Current

Assistant Accounts Manager

Praveen Aggarwal and Co. (CA Firm: Client Service)
11.2020 - 07.2022

Senior Accountant

TSG Groups:
10.2014 - 10.2020

Assistant Executive

3i Infotech Consultancy Services
06.2010 - 04.2014

High School Diploma -

CBSE Board
04.2001 -

MBA - Accounts, Operation & Control, Finance

NMIMS

Professional Certification - Accounting Professional

RK Malhotra Institution

B.COM - Commerce

DU

Intermediate (10+2)th - Science Education

CBSE Board

Diploma Certificate - Computer Application and PC+

Global Pro Institution

Similar Profiles

CREATE PROFILE
AJAY KUMAR PATHAKAccounts & Finance Professional