Summary
Overview
Work History
Education
Skills
Languages
Affiliations
Timeline
Generic

Aswiinii Kaandekar

Thane, Mumbai,

Summary

Goal-driven CFO with proven track record of achieving financial and non-financial business goals through effective controls and strategic planning. 17 years of experience in the field. Expertise in streamlining operations, increasing efficiency, and driving proactive improvements. Strong leader with calm presence who builds relationships across all organizational levels.

Overview

17
17
years of professional experience

Work History

Chief Financial Officer

KMS Mondialle Pvt Ltd
Navi Mumbai
05.2023 - Current
  • Developed and implemented financial strategies to drive growth, improve profitability, and maximize long-term value.
  • Created annual budgets and monitored performance against them to ensure objectives were achieved.
  • Conducted regular financial reviews of operations to identify areas for improvement in terms of cost savings and process improvements.
  • Directed the preparation of timely and accurate financial statements in accordance with Generally Accepted Accounting Principles.
  • Maintained strong relationships with external auditors, bankers, and investors to guarantee adherence to regulations.
  • Oversaw cash flow management activities including accounts receivable and payable processing, payroll administration and banking functions.
  • Established policies related to internal controls over accounting systems as well as financial processes within the organization.
  • Prepared detailed reports for executive leadership regarding key performance indicators, such as sales growth and expense ratios.
  • Oversaw technological improvements, successfully reducing waste and eliminating business bottlenecks.
  • Hired, trained, and mentored staff members to maximize productivity.
  • Restructured outstanding debt, resulting in a reduction in annual interest expenses.
  • Modified comprehensive financial reporting package to reflect growing organizational complexity and managed financial reporting processes to validate internal and external financial results align with GAAP.
  • Minimized losses by improving financial strategies to improve corporate position.
  • Oversaw requisition and procurement processes to guide purchasing decisions.
  • Sourced, installed, and implemented new accounting systems to streamline operations and provide visibility.
  • Streamlined coordination of financial statement reviews to analyze variances in year-to-date and forecast performance against expectations.
  • Formulated and delivered financial and budget reports for investors, partners and stakeholders.
  • Provided organizational leadership and collaborated with executive partners to establish long-term goals and strategies.

Accounts Head

AOT India Private Limited
Mumbai
08.2016 - 05.2023
  • Contributed to organizational success through performance assessment, talent retention, and development.
  • Empowered and developed staff to exceed requirements and take ownership of issues through regular counseling and cross-training.
  • Played a key role in the advancement and supervision of suggested initiatives, placing special attention on analyzing cost effectiveness.
  • Implemented efficient month-end and year-end close processes to streamline transaction management in the general ledger.
  • Ensured accurate completion of reporting requirements by preparing financial statements, budgets, and forecasts.
  • Established effective controls to facilitate proper financial management policies and governance
  • Contributed to effective decision-making by providing high-quality financial analysis with valuable insights for the AOT India management.
  • Managed tax affairs at AOT India, ensuring full compliance with statutory regulations.
  • Established and fostered relationships with relevant business parties, such as auditors, bankers, suppliers, and stakeholders.
  • Oversaw the reconciliation of assets and conducted physical asset verification
  • Provided financial and business support to Australia Head Office's operations.
  • Efficiently managed finance, budgeting, and accounting operations, along with reconciling foreign transactions.
  • Oversaw and led the company's financial functions, including finance, accounting, operations, funding, cash flow, and working capital modeling, as well as capital projects.
  • Ensured accurate bank statement reconciliation and efficient handling of Petty Cash
  • Played a critical role in driving commercial decision-making within the AOT India senior management team

Assistant Accountant

AOT Inbound Pty Ltd
Mumbai
02.2014 - 08.2016
  • Contributed to the timely accomplishment of required monthly tasks, such as precise journals, reconciliations, and financial statements for month-end activities.
  • Delivered quality accounting and financial business management services with a focus on budgets, analysis, and reporting.
  • Performed critical responsibilities pertaining to corporate finance including financial oversight, management accounting, and statutory reporting.
  • Ensured compliance with quality corporate governance framework, including policies, procedures, office administration, financial contracts, taxes, insurances, business names, and licenses.
  • Supervised finance and accounts team, ensuring efficient back-office operations.
  • Assisted in administering HR, Payroll and Administration systems by undertaking respective duties

Executive - Finance & Accounts

Amway India Enterprises
Mumbai
07.2008 - 08.2013
  • Recorded all monthly closures of Books of Accounts and verified entry accuracy.
  • Ensured timely payment of all departmental invoices while maintaining accuracy in scrutinizing employee, CFA and vendor payments.
  • Ensured compliance with relevant acts and procedures in accordance with statutory requirements.
  • Performed balance confirmation for CFA's, employees', and vendors' accounts.
  • Prepared multiple MIS reports and analyzed expense budget.
  • Ensured the physical and bookkeeping accuracy of assets through monitoring, periodic verification, and reconciliation.
  • Managed monthly, quarterly, and annual audits for statutory, internal, and external purposes.
  • Implemented effective systems for bank reconciliation and ensured proper management of petty cash.
  • Achieved eight awards for process automation, demonstrating success in completing additional assignments.
  • Automated reports and processes were recognized by Head Office and recommended for National Roll Out, leading to a reduction in scope of customer errors and improved process TAT.
  • Created efficient invoicing system and established internal controls, leading to improved billing accuracy in MIS.
  • Established a strong reputation in accounts team as a dependable resource for both internal and external customers

Officer - Regional Call Center

Amway India Enterprises
Mumbai
04.2007 - 06.2008
  • Utilized customer-centric approach to build and maintain relationships, ensuring customer and associate satisfaction.
  • Provided prompt resolutions to customer concerns related to the back-office.
  • Enhanced overall customer satisfaction by continuously collaborating with different teams for speedy query resolutions.

Education

MBA - Finance

Amity University

Bachelor of Commerce -

KSOU
Mumbai

Skills

  • Leadership Development
  • Financial Reporting Expertise
  • Cost Management Strategies
  • Cash Flow Optimization
  • Strategic Planning Expertise
  • Regulatory Adherence
  • Business Forecasting
  • Budget Development

Languages

Marathi
First Language
English
Proficient (C2)
C2
Hindi
Proficient (C2)
C2
Gujarati
Advanced (C1)
C1

Affiliations

  • Acquired a 6-year diploma in Bharat Natyam dance from Nrityanjali Dance Academy, showcasing dedication and commitment to the art form

Timeline

Chief Financial Officer

KMS Mondialle Pvt Ltd
05.2023 - Current

Accounts Head

AOT India Private Limited
08.2016 - 05.2023

Assistant Accountant

AOT Inbound Pty Ltd
02.2014 - 08.2016

Executive - Finance & Accounts

Amway India Enterprises
07.2008 - 08.2013

Officer - Regional Call Center

Amway India Enterprises
04.2007 - 06.2008

MBA - Finance

Amity University

Bachelor of Commerce -

KSOU

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Aswiinii Kaandekar