Apurva Karmarkar
Summary
Results-driven Senior Finance Manager at Doehler India Private Limited with nearly 11 years of professional experience, skilled in financial reporting and variance analysis. Spearheaded process improvements, enhancing team productivity through effective training and mentorship. Successfully implemented and ensured compliance internal control processes and completion of audits. Proficient in SAP S/4 HANA.
Overview
17
17
years of professional experience
Work History
Senior Manager - Finance
Doehler India Private Limited
Pune
04.2024 - Current
- Summarizing and putting together various financial reports on frequent basis to present information and detailed causes of variances to leadership teams
- Planning payments and maintaining Cash flow to always ensure sufficient liquidity
- Reviewing budget forecasts, and cash flow ensuring alignment with strategic goals and financial health
- Reviewing financial statements and reports of legal entities and implementing processes to improve timeliness and quality
- Initiating and coordinating for funding arrangements within the Region whenever required for operations while also assessing Transfer pricing implications thereof
- Integrating newly formed or taken over legal entities into financial reporting systems of Doehler Group
- Pro-actively assessing internal controls, reporting processes in multiple legal entities areas and implementing continuous improvements for efficiency and effectiveness
- Hiring accounting personnel in local as well as cross cultural environments
- Training, mentoring and reviewing performance of personnel to develop their skills in preparation and analysis of financial reports and for financial management of respective legal entities
- Overseeing Local Tax filings of legal entities in South-East Asia and reporting their impact to the Group.
Manager - Finance
India Private Limited
Pune
04.2022 - 03.2024
- Evaluated existing internal control and financial reporting processes and identified areas for improvement
- Demonstrated leadership by making improvements to work processes and training personnel
- Reviewed and analyzed variances between Actual results and Budgets and ascertained reasons thereof
- Drafted and submitted replies, information for Income tax scrutiny assessments [section 143 (3)] and demand notices, under Income Tax act, 1961
- Steered team and coordinated with auditors for Internal Audit and Statutory Audit under Companies Act, 2013
- Monitored cash flow and prepared forecasts to ensure sufficient liquidity for operations
- Worked with cross functional teams for preparation of annual budgets.
Assistant Manager
India Private Limited
Pune
08.2020 - 03.2022
- Lead team for timely and qualitative completion of Internal Audit and Statutory Audit under Companies Act, 2013
- Coordinated with auditors and prepared information as required for Tax audit and Transfer Pricing audit under the Income tax act, 1961
- Worked in SAP S/4HANA and applications SAC Analytics, Fiori, Xero accounting software
- Lead & supervised local and cross-cultural teams in Southeast Asia for period end closures, budgets, forecasts of multiple legal entities
- Reviewed variances in Sales prices and product costs in SAP and collaborated with Business teams to ascertain reasons thereof
- Improvised and implemented processes to strengthen internal controls, increase efficiency in financial reporting.
Senior executive
India Private Limited
Pune
11.2017 - 07.2020
- Completed month-end and year-end closures and monitored timely recording of accounting transactions
- Prepared financial statements under Indian GAAP and kept records audit-ready
- Prepared information required for Statutory audit under Companies act, 2013 and Tax Audit under Income Tax act, 1961
- Prepared budgets, forecasts and other reports required for analytical reviews by Management
- Steered annual group reporting and period end closures for South-East Asian legal entities
- Prepared fundamental documentation for Internal Financial Controls over Financial reporting (IFCR) and updated the same on a timely basis.
Assistant Audit Manager / Sastakar
Vaidya & Company
Pune
07.2016 - 10.2017
- Performed Statutory audits and Tax audits of companies by complying with Standards on Auditing issued by the ICAI, both as a Team leader, as well as an individual contributor
- Performed Limited Review of Group Reporting packages of multi-national companies
- Facilitated communication between team and clients to ensure a successful outcome of the engagements
- Trained staff on proper methods for conducting audits
- Reviewed client’s accounting records and documentation including contracts, invoices, bank statements
- Composed clear and concise audit findings to deliver comprehensive audit reports
- Assisted in preparing audit plans based on established objectives and standards
- Prepared detailed audit workpapers for review by senior auditors.
Audit Manager / Baheti and Somani
LLP Chartered Accountants
Pune
01.2015 - 06.2016
- Performed Statutory audit of private companies and Tax audits of Corporate as well as non-corporate entities both as a Team leader, as well as an individual contributor
- Verified of Transfer Pricing transactions & reporting thereof in Form 3CEB for Transfer Pricing audit under Income tax
- Performed Internal audit of IT companies, Trading Concerns
- Performed a Limited review of Calendar year financial statements
- Replied to Notices from the Income Tax Department
- Scheduled & implemented assignments for meeting statutory deadlines.
Articled Assistant
M/s Unmesh Patwardhan
Pune
12.2007 - 06.2011
- Filed Income tax returns, MVAT returns, TDS returns
- Performed MVAT audits including audits of dealers opting for Composition schemes under MVAT act, 2002
- Accounting and finalization, Income Tax Audit of Private Companies, Trading Concerns etc
- Financial Reporting, Account and Tax Reconciliation, Comparatives & Ratio Analysis
- Working knowledge of application packages viz
- MS Office, Tally, Taxbase.
Education
ICAI 216/400 -
05.2015
st Group) -
05.2012
M.Com -
University of Pune
01.2012
ICAI 200/400 CA PCC -
05.2011
B. Com -
Garware College of Commerce
01.2010
ICAI 326/600 CA CPT -
11.2007
Higher Secondary -
01.2007
Skills
- Budgeting, Forecasting, Financial Analysis
- Hiring, Training, Supervising personnel
- SAP S/4HANA
- Statutory, Tax and Internal audit
- Internal Control and process improvements
- Financial Reporting
Interests
- OTHER ACHIEVEMENTS
- Passed Upantya Visharad level of vocal music of Gandharva Sangeet Vidyalaya.
- Successfully completed two trekking expeditions in Himalayas organized by YHAI (Youth Hostels Association of India). HOBBIES AND AREA OF INTEREST Reading, Listening to Music, Acrylic painting.
Languages
Additional Information
- MSBSHSE (, Maharashtra State Board) 82.50% Secondary School 2005 MSBSHSE (Maharashtra State Board) 79.60%
Timeline
Senior Manager - Finance
Doehler India Private Limited
04.2024 - Current
Manager - Finance
India Private Limited
04.2022 - 03.2024
Assistant Manager
India Private Limited
08.2020 - 03.2022
Senior executive
India Private Limited
11.2017 - 07.2020
Assistant Audit Manager / Sastakar
Vaidya & Company
07.2016 - 10.2017
Audit Manager / Baheti and Somani
LLP Chartered Accountants
01.2015 - 06.2016
Articled Assistant
M/s Unmesh Patwardhan
12.2007 - 06.2011
ICAI 216/400 -
st Group) -
M.Com -
University of Pune
ICAI 200/400 CA PCC -
B. Com -
Garware College of Commerce
ICAI 326/600 CA CPT -
Higher Secondary -
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