SAP FICO
BHUSHAN GADGE
Sr. Manager Finance & Accounts
Nagpur,MH
Summary
Seasoned Senior Manager knowledgeable about reporting, budget administration and compliance. Successful at providing regular updates to executive leadership. Offering advanced planning, problem-solving and presentation skills developed over 20 years in Finance & Accounts.
Overview
24
24
years of professional experience
7
7
years of post-secondary education
Work History
Sr. Manager
TATA Advance Systems Ltd, earlier known as TAL Manufacturing Solution Ltd
Nagpur, Maharashtra
03.2013 - Current
- Implemented TOC (Theory of Constraints) which help us to improve reduction in Receivable & Inventory, Payable etc., reduction in working capital (interest cost) in COVID-19 situation.
- A) Monthly MIS & profitability analysis :- Analysis AOP V/s Actual up-to PBT Level
- B) Accounts payable (P2P) :- Controlling complete cycle of P2P, through GRIR / Vendor age wise analysis, vendor reconciliations & ensuring timely payments to Vendors with co-ordination of corporate finance.
- C) Accounts Receivable (O2C) :- Controlling complete cycle of O2C & providing age wise outstanding analysis of receivable, sale analysis tracking AOP/Actual, Customer reconciliation.
- D) Inventory management / Costing (SAP-COPA):- Inventory valuation, Inventory management, part wise profitability analysis, verification of part-wise BOM & Routing.
- E) Capital Budgeting :- Managing & controlling Capex budget using by SAP- PS
- F) Treasury Management:- Working as a Authorized signatory-Monitoring & managing cash flow, Plan v/s actual, liaise with banks, auditors, suppliers & other external agencies, Manage working capital & target reduction in interest cost.
- G) Analysis of Account :- Monthly Provision & scrutiny, analysis of GR/ IR account, Consumption analysis of RM & consumables, Inventory valuation / analysis & product costing, WIP settlement, Budget V/s actual etc.
- H) Internal & External Audits :- Supporting Statutory / Internal Auditors in performing analytical reviews of financial statements and evaluation of internal control systems created / implemented RCM, IFC controls for all activities.
- I) Controlled costs and optimized spending via restructuring of budgets for labor, capital assets, inventory purchasing and technology upgrades.
- J) Monitored and supported progress of plant production orders by managing shop capacity and loading functions at several facilities.
Asst. Manager
Indorama Synthetics (I) Ltd
Nagpur, Maharashtra
01.2009 - 02.2013
- A) Accounts payable (P2P) :- Proper Approval of Bills considering Reverse Charge systems (Service tax), TDS, WCT Etc & ensuring timely payments to Vendors
- B) Establishment Accounting :- All Admin & Employee related Bills Approving (for all locations)i.e. Travelling, LTA, and Medical, Telephone etc & Full & Final Settlement, processing of Salary, wages & monthly reimbursement
- C) Fund Management :- Monitoring & managing Daily Banking Operations Like fund management, Daily funds Position statement (With co-ordination with corporate office), liaise with banks, auditors, suppliers & other external agencies
- D) Analysis of Account :- Monthly Provision & scrutiny, analysis of GR/ IR account, Consumption Account, Inventory (Slow Moving/ Non Moving) for proper control & timely monthly, quarterly & yearly closing of books of accounts.
- E) Internal & External Audits :- Supporting Statutory / Internal Auditors in performing analytical reviews of financial statements and evaluation of internal control systems.
Executive Accounts
Accenture Services Pvt. Ltd
New Delhi, Nagpur, New Delhi
06.2007 - 01.2009
- On behalf of Accenture working with M/s, Left Accenture as a Migration Process of Accenture Employees to Indorama Synthetics due to Contract Over).
Sr. Accountant
Solar Explosives Ltd
Nagpur, Maharashtra
09.2005 - 06.2007
- Preparing, presenting and consolidating cash flow (fund) requirement for the forth-coming month monthly and MIS (daily, weekly & monthly), Budgeting, Forecasting & Compliance/ Liaising with Banks.
- Daily checking of Bank, Cash, purchase transitions, Journal vouchers, Looking after complete Accounts payable functions etc.
- Taking care of all sales tax work i.e.
- Preparing monthly sales tax returns, annual returns, preparing statements for submitting sales tax assessment & attending the case up to finalization,.
- Proper Deduction TDS & ensuring timely payment & filing of quarterly e-TDS returns, Issue of Form 16 & Form 16A & Bank Reconciliation, Project Accounting etc.
- Core team Member in SAP FI Implementation
- Developed and implemented effective accounting systems.
Accounts Officer - Finance
Pix Transmissions Ltd
Nagpur, Maharashtra
12.1999 - 08.2005
- General accounting, Bill booking, payable, sales tax,.
- Go through: General ledger, Purchase register, Sales register.
- Bank Reconciliation & Banking transactions.
- Updated general ledger of accounts with current, accurate and industry-compliant data to meet all internal and external audit requirements.
- Prepared monthly reports for payment and account reconciliations and financial statements.
- Input vendor payments and updated accounts to reflect new balances.
- Communicated and resolved disputes with clients regarding outstanding invoices, payments and adjustments.
- Prepared monthly reports for payment and account reconciliations and financial statements
- Updated general ledger of accounts with current, accurate and industry-compliant data to meet all internal and external audit requirements
Asst. Accounts Officer
Debashu Services Pvt. Ltd
Nagpur, Maharashtra
05.1997 - 10.1999
- Accounts payable, Invoicing, Party Reconciliation, Bank Reconciliation ,sales Tax,.
- Following Marketing Jobs: - Preparation of quotations, Collection of order, preparation of bills, collection of payments, Collection of `C’ Forms & routine follow-up.
- Updated general ledger of accounts with current, accurate and industry-compliant data to meet all internal and external audit requirements.
- Worked closely with senior staff on handling special needs accounts
Education
HSSC -
Shri Binzani City College
Nagpur 06.1992 - 03.1994
B-Com - Accounting And Finance
Shri Binzani City Collage
Nagpur University 06.1994 - 03.1997
M-COM Professional - Accounting And Finance
Kamala Nehru Mahavidhyalaya
Nagpur University 06.1998 - 10.1998
MBA - Finance, Banking Management
Apex Management Institute
Nagpur 06.2008 - 05.2010
Management Accounting For Decision Making - Management Accounting For Decision Making
Indian Institute of Management (IIM)
Bangalore 09.2018 - 11.2018
Skills
Cost / Management Accounting
undefinedAccomplishments
- SAP : Core team member while implementing SAP FICO (Completed full cycle of implementation) : Certified by Sr.
- Management – TAL - Subject Matter Expert – SAP-FICO PROFESIONAL EXPEREINCE:.
- Core Team Member for SAP - Hana - CO implemetation
Software
SAP HANA- FICO
Microsoft Excel
SEZ Online
Operating Systems : SAP (FICO), MM, SD, & PS
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline
Management Accounting For Decision Making - Management Accounting For Decision Making
Indian Institute of Management (IIM)
09.2018 - 11.2018
Sr. Manager
TATA Advance Systems Ltd, earlier known as TAL Manufacturing Solution Ltd
03.2013 - Current
Asst. Manager
Indorama Synthetics (I) Ltd
01.2009 - 02.2013
MBA - Finance, Banking Management
Apex Management Institute
06.2008 - 05.2010
Executive Accounts
Accenture Services Pvt. Ltd
06.2007 - 01.2009
Sr. Accountant
Solar Explosives Ltd
09.2005 - 06.2007
Accounts Officer - Finance
Pix Transmissions Ltd
12.1999 - 08.2005
M-COM Professional - Accounting And Finance
Kamala Nehru Mahavidhyalaya
06.1998 - 10.1998
Asst. Accounts Officer
Debashu Services Pvt. Ltd
05.1997 - 10.1999
B-Com - Accounting And Finance
Shri Binzani City Collage
06.1994 - 03.1997
HSSC -
Shri Binzani City College
06.1992 - 03.1994
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