Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
Generic
AKHIL KUMAR PATRA

AKHIL KUMAR PATRA

SR. OFFICER- FINANCE

Summary

CAREER OBEJECTIVE: To work in a growth oriented organization providing challenging work environment with functional responsibility with secure and challenging position in the corporate Finance which would enable me to integrate my knowledge and skills, thereby enabling me to contribute to the best to the organization to reach greater height and Demonstrated expertise in mobilizing and managing financial resources to meet company's long and short-term financial needs. PROFESSIONAL SYNOPSIS: With the knack of functional management along with the practical experience in the analysis, development and implementation Self-motivated and achievement-oriented Management personnel offering 15+ Years of experience in Corporate Finance sector with proven track record of strong organizational and management abilities, Provide commercial & financial support on the planning and reporting process, monthly/quarterly/annual budget and profit, cost Centre, balance sheet and cash flow reporting, including variance analysis. Equipped of Strategic Business Plans and Policies to ensure organizational growth, targeting maximum profitability & cost effectively with involvement in Finance, Accounts and MIS.Excellent verbal and written and Accounting Skills. Friendly, Enthusiastic and persuasive in any situation, Comprehensive problem solving abilities, Can work under stress in a boundary-less & tireless manner with an analytical mind & ability to think clearly and logically. A strong team player and motivating teams of professionals towards maximum productivity with exceptional consensus building, negotiation and interpersonal skills.

Overview

15
15
years of professional experience
3
3
Language

Work History

Sr. Officer

AIR INDIA EXPRESS LTD
03.2014 - Current
  • Keep records for all daily transactions, Monitoring Daily Cash requirement and utilization for payments and Monitoring cash to avoid unnecessary expenses
  • Journal entries and reconciled ledger accounts In SAP
  • Prepare balance sheets & P/L statement for Monthly & Quarterly basis & Prepare annual financial reports for management purpose
  • Budgeting, forecasting, MIS and monthly closing on a timely basis
  • Treasury operations
  • Manage treasury function, including meeting short and long-term funding needs
  • Bank Statement Reconciliation
  • (BRS) & Track bank deposits and payments on regular basis
  • Record accounts payable and accounts receivable with Review & process of bills/support document for major and other urgent invoice/payment as per the timeline defined
  • Ensure the payment process (file creation/checking/upload/authorization) is done properly for timely payment transfer & Ensure all bank payment transfer by using bank details
  • Update internal systems with financial data & Participate in financial audits
  • Bill passing, Process invoices & vendor Reconciliation
  • Ensure tax deducted when is required for all eligible payment
  • File timely e-TDS returns
  • Preparing statutory documents for GST & TDS of vendor's requirement
  • Appear before the relevant appropriate authority for various cases, assessments etc
  • Monthly MIS on Budget v/s actual, variances, reasons for variances etc and suggestions for remedial action
  • Preparing Monthly financial Cash Flow Statements for project along with cash outflow future planning with the coordination of other teams
  • Working closely with functional teams in F&A departments to achieve targets ,performance standards, to drive, financial planning, analytics, forecasting and reporting of financial and operating results and constantly monitors the key performance indicators and initiates remedial action by allocating tasks/duties to others within a team and ensuring cohesive team Work.

Asst. Manager

Excel Alugraphics Pvt. Ltd
08.2007 - 02.2014
  • Establishing financial objectives in line with the organizational objectives by contributing financial and accounting information
  • Responsible for General Accounting, Bank Statement Reconciliation & Reconciliation of the advances given to local staff members and the maintenance of the books of accounts as per the standard accounting practices in Tally.ERP-9 package
  • Making payments for local purchases and ensuring all payments are properly supported by the Accounts Dept
  • Monitoring Banking activities like day to day Banking inflow & Outflow of funds
  • Accounts Payable & Receivables, Inventory Management and cash management
  • Responsible for allocating Raw Material Cost, Product costing, Cost Analysis
  • Compiled data to determine costs of business
  • Prepare feasibility reports on MIS and evaluate opportunities & provide feedback to authority on financial performance
  • Preparations of Monthly and quarterly Balance sheet / P & L schedules as per corporate requirements
  • Responsible & Preparation for Opening of domestic Letter of Credit (L/C) & Bank Guarantee (BG) to suppliers/ Customers
  • Looking revenue recognition, Billings & Sales invoicing, collection and other related tasks like Preparing & Issuing of Credit & Debit Notes to the clients
  • Identifying sources for long- term and short- term funding (Working Capital Management) and dealing with financial institutions and banks for obtaining fund with sound knowledge of Fund Management
  • Preparation of customer's payment statement and payment follow-up with customers & ensuring timely and regular payments to all the vendors/creditors and Analyzing of Expenditures.

Education

MBA - Finance

Gandhi Institute of Management Studies (GIMS), Affiliated to Biju Patnaik University of Technology (BPUT)

B.Sc. - undefined

Berhampur University

Sc - undefined

CHSE

10Th - undefined

Board of Secondary Education (BSE)

Skills

undefined

Accomplishments

  • Title : “Financial Statement Analysis“ of “Orissa State Co-operative Bank Ltd, Bhubaneswar.”
  • Duration : May' 06-Oct'06 (6 Months )
  • Details : Successfully completed the project under taken on the topic “Financial Statement Analysis of Orissa State Co- Operative Bank, Bhubaneswar” and given suggestion for Area of Improvement of the Bank
  • Dissertation project: “Credit Rating of ICRA Ltd”.

Timeline

Sr. Officer

AIR INDIA EXPRESS LTD
03.2014 - Current

Asst. Manager

Excel Alugraphics Pvt. Ltd
08.2007 - 02.2014

MBA - Finance

Gandhi Institute of Management Studies (GIMS), Affiliated to Biju Patnaik University of Technology (BPUT)

B.Sc. - undefined

Berhampur University

Sc - undefined

CHSE

10Th - undefined

Board of Secondary Education (BSE)

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AKHIL KUMAR PATRASR. OFFICER- FINANCE