Deepak Lodhi

• Heading the payroll team of 6 team member in a listed company.
• Managed and processed the end-to-end payroll for +6000 employees, ensuring timely and accurate disbursement of wages, bonuses, and benefits.
• 100% accuracy in compliance like TDS, PF, ESI, Professional tax, Labour welfare tax according to the respective state laws.
• Maintained employee payroll records, including salary adjustments, deductions, overtime, and reimbursements.
• Administered payroll-related reports, including tax filings, benefit deductions, and year-end summaries, ensuring all reports were submitted on time.
• Led a team of payroll specialists and streamlined payroll processes, improving efficiency and reducing processing errors.
• Managed monthly TDS deposit, ensuring timely and accurate remittance to the government.
• filed quarterly TDS returns within deadlines, ensuring compliance with tax regulations.

Asst. Manager, 04/16 - 04/21

INDIAMART INTERMESH LIMITED.

• Led the cost control process for various departments, closely monitoring and analyzing expenditures against budgeted amounts.
• Successfully implemented cost-saving initiatives, reducing overhead expenses through renegotiating supplier contracts and streamlining processes.
• Developed and maintained cost control dashboards, allowing real-time tracking of expenses and enabling proactive management of budgets.
• Performed cost control functions, including monitoring spending patterns and implementing corrective actions to keep expenses in check.
• Established a monthly review process for cost control and worked with senior leadership to monitor and adjust budgets as necessary.

Asst. Manager, 02/14 - 03/16

INDIAMART INTERMESH LIMITED.

• Managed a team of 3 staff member in the accounts payable department, ensuring accuracy and efficiency of all processes.
• Oversaw comprehensive accounts payable process from invoice verification to vendor payment.
• Processed over 1000 invoices per month, ensuring accuracy, proper documentation, and compliance with internal controls.
• Collaborated with vendors to resolve payment discrepancies, resulting in a significant reduction in outstanding disputes and improved vendor relations.
• Implemented an automated accounts payable system, reducing significant invoice processing time and improving overall efficiency.
• Prepared monthly AP aging reports, identifying overdue payments and proactively addressing any issues to maintain positive cash flow.
• Reconciled AP accounts and resolved discrepancies in a timely manner, ensuring accurate financial reporting and preventing late fees.
• Led training sessions for junior team members, improving team knowledge of AP processes and reducing errors.
• Coordinated with statutory and internal auditors for the auditing of accounts payable, ensuring accuracy and compliance with company policies.

• Managed day-to-day general accounting functions, including posting journal entries, maintaining the general ledger, and reconciling bank statements.
• Coordinated with auditors during the preparation of financial audits, providing necessary documentation and support for accurate reporting.
• Maintained accurate and timely financial records to ensure internal and external compliance with accounting standards and financial regulations.
• Monitored and tracked company expenses, ensuring proper accounting procedures and adherence to budgets.
• Coordinated with internal and external auditors to facilitate the smooth execution of audits, addressing queries and providing clarifications on financial records.

• Responsible for managing and overseeing the full accounting process, including accounts payable and general ledger maintenance.
• Monitored and reconciled bank accounts, ensuring alignment with financial records and resolving discrepancies promptly.
• Managed invoicing, payments, maintaining good relationships with vendors and internal teams.
• Monitored payment schedules and ensured that vendor accounts were reconciled in a timely manner, avoiding late fees and ensuring smooth supplier relationships.
• Helped maintain and update the MIS dashboard, ensuring accurate financial data and key performance indicators (KPIs) were easily accessible to management.