Amit Ramteke
Panvel
Summary
Seasoned Account Specialist with deep knowledge in financial analysis and management of client portfolios. Strengths include strategic planning, customer relationship management, problem-solving and leadership skills. Demonstrated success in enhancing operational efficiency and achieving revenue growth in previous roles. Possess strong analytical abilities with proven track record in implementing effective financial solutions for clients.
Overview
12
12
years of professional experience
Work History
Account Specialist
Ingredion India Private Limited
Navi Mumbai
10.2023 - Current
- Developed annual budgets for various departments within the organization; monitored progress against budgets throughout the year.
- Assisted in the development of annual budgets by providing input on expected expenses related to accounts payable and receivable activities.
- Completed month-end and year-end closings, kept records audit-ready and monitored timely recording of accounting transactions.
- Prepared detailed reports on financial performance including balance sheets, income statements, cash flow statements, and budgeting activities.
- Prepared monthly financial reports for management review and analysis.
- Created comprehensive reports on account performance and presented them to senior management.
- Maintained accurate records of financial transactions according to Generally Accepted Accounting Principles.
- Checked payroll, vendor payments and other accounting disbursements for accuracy and compliance.
- Managed relationships with tax authorities, bankers and auditors.
- Implemented new procedures to improve accuracy and efficiency of the accounting process.
- Ensured compliance with applicable laws, regulations, policies, and procedures for accounts payable and receivable activities.
- Monitored cash flow position on a daily basis and provided timely updates to management.
- Reconciled bank statements on a regular basis.
- Reviewed tax returns and ensured compliance with federal and state regulations.
- Established internal controls over accounting processes to ensure accuracy in reporting results.
- Identified areas of improvement in existing finance policies and procedures to increase efficiency in operations.
- Negotiated vendor contracts while achieving cost savings objectives.
- Coordinated audits with external auditors; prepared audit schedules; reviewed findings; developed action plans to address issues identified during audits.
- Ensured timely filing of both Direct and Indirect Tax returns.
Accounting and Administration Officer
Ingredion India Private Limited
Navi Mumbai
11.2019 - 09.2023
- Managed accounts receivable and payables processes, including invoicing, payments, and collections.
- Reviewed customer accounts regularly to identify discrepancies in billing or payment history.
- Prepared monthly financial reports for management review and analysis.
- Processed vendor payments accurately and efficiently.
- Generated weekly aging reports for management review.
- Coordinated with internal departments as needed to resolve any discrepancies or disputes in billing or payment information.
- Performed month-end closing tasks such as reconciling subledger accounts.
- Prepared journal entries related to Accounts Payable and Receivable activities.
- Compiled current budget data from estimated revenues, expenses and prior budgets.
- Prepared, reviewed, and filed tax returns for both Direct and Indirect Taxes.
- Compiled statistical data from sources such as financial statements for use in preparing income tax returns.
- Responded promptly to client inquiries related to their taxes or other fiscal matters.
- Maintained inventory of office supplies ensuring stock levels are sufficient for daily operations.
- Created comprehensive spreadsheets tracking project progress from start to finish.
- Ensured compliance with all organizational policies and procedures relating to administrative operations.
- Provided assistance with special projects, as assigned by management.
- Developed administrative team to support corporate growth and objectives.
- Negotiated contracts with vendors, securing favorable terms and cost savings.
Account Executive
Greatship India Limited
Mumbai
03.2013 - 10.2019
- Prepared, reviewed, and filed tax returns for both Direct and Indirect Taxes.
- Maintained current knowledge of changes in taxation rules and regulations through continuing education and professional development courses.
- Collaborated with accounting staff to ensure timely preparation of filings.
- Documented financial transactions related to taxation matters for audit purposes.
- Organized files containing source documents used in the preparation of tax returns.
- Responded promptly to client inquiries related to their taxes or other fiscal matters.
- Ensured compliance with applicable federal, state, and local laws governing taxation policies.
- Analyzed financial data and prepared transfer pricing reports.
- Developed transfer pricing policies and procedures.
- Prepared documentation for intercompany transactions.
- Assisted with payroll processing and reconciliation of accounts related to payroll activities.
- Processed payroll information accurately according to company policy.
- Oversaw all aspects of payroll processing for employees.
- Prepared payroll documents and maintained databases for financial offices.
- Reconciled payroll discrepancies by collecting and analyzing information.
Education
Bachelor of Commerce - Financial Accounting
Mumbai University
Mumbai10-2009
Skills
- Budget Management
- Data Analysis
- Contract Negotiation
- Financial Reporting
- Client Relationship Management
- Payment Processing
- SAP S/4HANA Proficiency
- Microsoft Proficiency
Affiliations
- Playing Cricket & Chess
- Listing Songs
- Explore new places and food with family and friends
Accomplishments
- Travel to Malaysia for official meeting and represented India business operation in 2023.
- I have received appreciation award due to hardwork and commitment in 2020.
Languages
Marathi
First Language
English
Proficient (C2)
C2
Hindi
Proficient (C2)
C2
References
References available upon request.
Timeline
Account Specialist
Ingredion India Private Limited
10.2023 - Current
Accounting and Administration Officer
Ingredion India Private Limited
11.2019 - 09.2023
Account Executive
Greatship India Limited
03.2013 - 10.2019
Bachelor of Commerce - Financial Accounting
Mumbai University
Similar Profiles
SHIVAPRASAD K PSHIVAPRASAD K P
Finance Executive at AIX Connect India Private Limited (Formerly Known as Airasia India Private Limited)Finance Executive at AIX Connect India Private Limited (Formerly Known as Airasia India Private Limited)
Vasuda KrishnamurthyVasuda Krishnamurthy
Financial Analyst at EMC SOFTWARE AND SERVICES INDIA PRIVATE LIMITED/Dell, Technologies India Private LimitedFinancial Analyst at EMC SOFTWARE AND SERVICES INDIA PRIVATE LIMITED/Dell, Technologies India Private Limited
Saurabh Kumar SinghSaurabh Kumar Singh
Sr. Solution Specialist at Noventiq Services India Private Limited(Former Softline Services India Private Limited)Sr. Solution Specialist at Noventiq Services India Private Limited(Former Softline Services India Private Limited)
Akshay SawantAkshay Sawant
Admin/Developer at CSB Bank LimitedAdmin/Developer at CSB Bank Limited
Mayur Dattakumar SherlekarMayur Dattakumar Sherlekar
Senior Lead Business Analyst (IT) at Majesco LimitedSenior Lead Business Analyst (IT) at Majesco Limited