DEBASNANA NAYAK
Senior Associate
Bengaluru,KA
Summary
Senior Associate (Finance) managing accounts payable, accounts receivable, and ledger reconciliations across month-end, quarter-end, and annual close cycles. Prepares draft financial statements, management reports, and statutory filings for GST, TDS, PF, and ESI, while supporting bank reconciliations, foreign inward remittance, and cash management. Supervises 5+ junior accountants and improves finance processes to strengthen control and reporting accuracy, reconciling 41+ ledgers per month.
Overview
6
6
Languages
10
10
years of professional experience
Work History
Senior Associate (AR,AP & MIS)
SenseI Telematics Private Limited
05.2024 - 12.2025
- Accounting Operations: Managed general ledger and journal entries; assisted in monthly, quarterly, and annual closing processes; prepared and reviewed bank, vendor, and customer ledger reconciliations.
- Financial Reporting: Prepare draft financial statements, schedules, and management reports for review by the Accounts Manager.
- Statutory Compliance: Ensured timely filing of TDS, GST, PF, and ESI; maintained accurate records for statutory audits.
- Statutory Compliance: Ensured timely filing of TDS, GST, PF, and ESI; managed statutory audit records.
- Supervised junior accountants and spearheaded process improvement initiatives.
- Mentored junior associates, fostering skill development and knowledge sharing within the team.
Sr. Executive Accounts
City-Link Portal Private Limited
09.2023 - 04.2024
- Issued tax and nil-rated invoices to customers according to purchase orders and MIS data.
- Validate PO and MIS data with Operation Team and customers.
- Prepared daily cash flow and fund requirements to ensure financial stability.
- Handle accounting for five branches of the organization.
- Created and maintained creditor and debtor management sheets for daily verification of accounts.
- Coordinate with customers and Operation team for receipts.
- Prepare GST working (GSTR-1&3B) and filings for all branches.
- Prepare monthly Sales & cost provision MIS
- Oversaw month-end, quarter-end, and year-end closing activities to ensure timely and accurate financial reporting.
- Sr. Executive Accounts City-Link Portal Private Limited (Bengaluru) | 09/2023 – 04/2024
Sr. Executive Accounts
Aakash Educational Services Limited
06.2022 - 08.2023
- Post entries in SAP for Receipts and Payments
- Maintained MIS report, providing daily updates on outstanding collections and payments to ensure financial accuracy.
- Conducted GST reconciliations, aligning revenue numbers to uphold compliance and accuracy in financial reporting.
- Resolved customer compliance (Sapphire) tickets related to payments, enhancing customer satisfaction and ensuring timely issue resolution.
- Prepare monthly BRS and reconcile accounts.
- Leading Educational Services Company
- Sr. Executive Accounts Aakash Educational Services Limited (Bengaluru) | Leading Educational Services Company 06/2022 – 08/2023
Executive (Accounts & Administration)
Orissa Stevedores Limited
06.2016 - 03.2022
- Collaborate with Cash Operations, Treasury, and Tax teams.
- Communicate financial information Actively across business teams.
- Oversee month-end, quarter-end, and year-end closing activities.
- Managed closing activities with internal audit team to ensure accuracy and adherence to financial regulations.
- Coordinated HR-related activities (EPFO, ESIC, PT&LWF) to ensure compliance and efficiency.
- Facilitated timely vendor payments through internet banking to maintain positive vendor relationships.
- Coordinate with banks for foreign remittance documentation & monthly BRS.
- Maintain vendor documentation for vendor management.
- Executive (Accounts & Administration) Orissa Stevedores Limited (Chennai) | 06/2016 – 03/2022
Education
MBA - Finance & Marketing
Utkal University
Bhubaneswar01-2019
Bachelor’s in Commerce - undefined
B.B. Mahavidyalaya
Jajpur01-2015
Skills
Advanced MS Excel
SAP
Tally Prime
Zoho Books
Banking portals
Cash flow forecasting
Financial planning
Financial reporting
Balance sheet preparation
Bank reconciliation
GST compliance
Statutory audit support
Audit coordination
Internal controls
Accomplishments
- Enhanced Closing Efficiency: Reduced month-end closing time by 20% through process automation.
- Optimized Cash Flow: Increased collection efficiency by 25%, reducing outstanding debts.
- Inventory Accuracy: Led a project reducing inventory discrepancies by 15% annually.
- Tax Compliance: Improved compliance rates by 30% via a new digital filing system.
Languages
English
Advanced (C1)
Hindi
Advanced (C1)
Tamil
Intermediate (B1)
Telugu
Beginner (A1)
Kannada
Intermediate (B1)
odia
Bilingual or Proficient (C2)
Timeline
Senior Associate (AR,AP & MIS)
SenseI Telematics Private Limited
05.2024 - 12.2025
Sr. Executive Accounts
City-Link Portal Private Limited
09.2023 - 04.2024
Sr. Executive Accounts
Aakash Educational Services Limited
06.2022 - 08.2023
Executive (Accounts & Administration)
Orissa Stevedores Limited
06.2016 - 03.2022
Bachelor’s in Commerce - undefined
B.B. Mahavidyalaya
MBA - Finance & Marketing
Utkal University