SAP S4/Hana
CA. Parth Dewangan
Chartered Accountant, CPA US (License Pending), FAFD, B.Com
Bilaspur
Summary
12 years 6 months
Chartered Accountant, CPA US (license pending), FAFD with over 12 years of diverse accounting experience across
various sections.
Looking to utilize my professional skill sets, diverse experience in progressive industry.
Profile Summary
Strong academic background - passed CA Final in 1st attempt & passed CPA (US) in 1st attempt with avg. score of more than 88%.
Rich experience in the areas of fixed assets/ Project capitalization/ accounting per GAAP, Acounts Receivable, Accounts Payable,
TDS/ TCS compliance, Accounts closing, controls and process improvement, designing & developing systems/ SOPs, co-ordinating
in preparation and compilation of GST returns.
Good at managing accounts with good analytical skills - ability to work effectively with all levels of management across different
geographies. Having Good knowledge and experience of Oracle/ SQL based package, SAP R3, S4 Hana (FI Module) & Tally ERP.
Strong interpersonal & communication skill along with the analytical abilities for identifying business critical issues with the
capability to work with a problem solving & result oriented approach.
Self motivated, highly professional and ethical in work
assignments.
Sound knowledge of US GAAP.
Overview
13
13
years of professional experience
9
9
years of post-secondary education
2
2
Certificates
2
2
Languages
Work History
Deputy Manager Finance
COAL INDIA LIMITED
Bilaspur
08.2013 - Current
- Posted in Corporate/ Central Sales Accounts/ AR team of SECL (Largest subsidiary of Coal India)
- Set up policies, procedures, SOPs and lead the improvement & streamline of controls, process & automation
- Provide oversight of the entire process of Order to Cash & accounting thereof
- Credit limit management/ Credit Control
- Co-ordinate in compilation of GST returns & ensure proper accounting thereof
- Verification of Letter of Credits, negotiation of bills, realization & liasioning with bankers
- Controlling of Bank
- Guarantees with expiry tracking
- Ensure timely and correct invoice preparation and communication to clients
- Create ad-hoc & dashboard reports, other MIS reporting
- Periodic reconciliation with consumers
- Assistance in signing supply agreements
- TCS & TDS compliance including e-filing of returns (24Q, 26Q & 27EQ)
- Inter Unit & inter company reconciliations
- Responsible for various journal entries
- Supporting quarter/ year end closing process
- Co-ordinating in Statutory, Internal & Commercial Audit
- Pre & post audit compliance
- Responsible for day-to-day activities of Finance
- Motivate/lead/train/supervise/evaluate accounting staff to support department growth and achieve goals
- Responding to financial inquiries by gathering and interpreting data
- Financial Concurrence of Civil & Electrical proposals
- Assisting with preparing and monitoring budgets/forecast/reports
- Accuracy & timely submission
- Budgetary
- Concurrence of proposals
- Accounts Payable
- Supervising & authorizing the processing of vendor invoices related to capex/ projects, land compensation/ award, forest department & misc
- Day to day recurring expenses
- Supervising & authorizing the processing of employee claims, service provider bills
- Ensure timely and correct disbursement based on approved policy
- Coordinate the payroll preparation process.
Deputy Manager Finance Accounts
Jindal Steel & Power Ltd
11.2009 - 07.2013
- Asset capitalization process (proper classification of asset, depreciation, shift factor etc), properly accounting for all asset additions, disposals, various interunit/ company fixed asset transfers and reporting as per GAAP
- Communicate with the plants on a regular basis including setting up new asset numbers
- Periodic project cost reviews on major capital projects
- Evaluate purchase requests for capitalization and provide coding
- Review & scrutiny of both capital and repair & maintenance expenses
- Create/ maintain individual projects in SAP
- Coordinate physical fixed assets count.
- Monitor and review Construction in Process (CIP) and work closely with field personnel to ensure timely in-service dates with proper useful lives and asset classifications
- Budgetary Control over capex, MIS reporting, monitoring of budgets & variance analysis
- Prepare work papers and coordinate the flow of information to the external auditors regarding fixed assets and turnaround projects
- Provide support on tax filing, especially depreciation difference between GAAP and tax requirement
- Preparation of monthly stock statements for submission to banks
- Bank Reconciliations
- Fund transfer & liasioning with bankers.
Education
Certified Public Accountant -
American Institute of Certified Public Accountants
11.2020 - 06.2022
Chartered Accountant -
The Institute of Chartered Accountants of India
05.2004 - 11.2008
Bachelor of Commerce -
Pt. Ravishankar Shukla University
04.2003 - 03.2006
Skills
Fixed Asset, Project Accounting
undefinedCertification
Certificate Course on Indirect Taxes
Software
Tally ERP
Oracle/SQL based software
MS Office
Google Drive, Google Sheets
Email, Internet operations
Interests
Internet surfing for informative topics & news of interest
Practicing new yogasanas & meditation techniques
Leisure Travel
Timeline
Certified Public Accountant -
American Institute of Certified Public Accountants
11.2020 - 06.2022
Deputy Manager Finance
COAL INDIA LIMITED
08.2013 - Current
Deputy Manager Finance Accounts
Jindal Steel & Power Ltd
11.2009 - 07.2013
Chartered Accountant -
The Institute of Chartered Accountants of India
05.2004 - 11.2008
Bachelor of Commerce -
Pt. Ravishankar Shukla University
04.2003 - 03.2006
Certificate Course on Indirect Taxes
Certificate Course on Forensic Accounting and Fraud Detection
Key Achievements
- Contributed to effective implementation of SAP/ ERP as part of core team member.
- Analysed the program coding and contributed to significant changes in the program to streamline & reduce overall processing time of refunds/ settlements which resulted in greater customer satisfaction and strong customer relationship.
- Resolved long pending issues of debit/credit notes by formulating new policy/ SOP and new program which is recognized by management as a remarkable improvement/ development.
- Resolved long pending reconciliations of Power Supply companies.
- Contributed as a team member in rolling out new inhouse e-platform for inter unit accounts reconciliation which resulted in significant reduction of cost & efforts.
- Assisted in effective implementation of GST.
- As an initiator effectively improved a bunch of processes, manual & automated controls.
Key Achievements
- Contributed to effective implementation of SAP/ ERP as part of core team member.
- Analysed the program coding and contributed to significant changes in the program to streamline & reduce overall processing time of refunds/ settlements which resulted in greater customer satisfaction and strong customer relationship.
- Resolved long pending issues of debit/credit notes by formulating new policy/ SOP and new program which is recognized by management as a remarkable improvement/ development.
- Resolved long pending reconciliations of Power Supply companies.
- Contributed as a team member in rolling out new inhouse e-platform for inter unit accounts reconciliation which resulted in significant reduction of cost & efforts.
- Assisted in effective implementation of GST.
- As an initiator effectively improved a bunch of processes, manual & automated controls.
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