Dinesh Vilas Shelar
A-21, Sangeeta Sadan, Gupte Road, Dombivli West
Summary
I’m a finance professional with over 12 years of experience in the banking sector. I bring strong attention to detail, sound judgment, and effective decision-making skills. My expertise includes Capex investment analysis, cost and budgeting, accounts payable (vendor billing and payments), and data reconciliation. I’ve worked closely with department heads and senior management to support financial operations, and contribute to strategic planning. Known as a strong collaborator, I work across departments to align financial goals with broader business objectives, while ensuring full compliance with regulatory standards and internal controls.
Overview
13
13
years of professional experience
Work History
Manager
Axis Bank Ltd.
Mumbai
11.2022 - Current
- Evaluating Capex projects based on NPV and incremental income analysis, in accordance with the Bank’s Capex framework, and ensuring timely budget allocation.
- Analyzing actual utilization against budgeted Capex to identify variances and ensure the accurate treatment of such variances.
- Monitoring the benefits in relation to commitments for Capex projects, flagging any discrepancies, and reporting further analysis to senior management.
- Creating dashboards for monthly analysis within the designated timeframe, which are then submitted to the head of FP&A.
- Ensuring timely budget additions in the P2P system and managing queries for the IT department for PAN Bank users.
- Assisting in recognizing opportunities for cost optimization and revenue generation.
- Analyzing variances across Wholesale Banking Services expense categories for management review and statutory reporting purposes.
- Assisted in automating the IT Capex process and streamlined the end-to-end process. Contributed to the completion of User Acceptance Testing (UAT) for the automation of other segments.
- Created multiple reports with the help of the IT development team to obtain detailed budget consumption data.
- Engaged in the rationalization of fees and other charges to enhance income opportunities for home loans, car loans, auto loans, and gold loans.
- Currently working in Opex automation for handling queries related to the budget for branches and other departments.
Manager
HDFC Bank Ltd.
Mumbai
09.2015 - 11.2022
- Prepared the yearly budget for the ATM division at the pan-India level and monitored expense GLs.
- Worked closely with respective teams to provide accurate cash flow projections for budgeting purposes.
- Analyzed the monthly cost of booking to check for variance, and tracked expenditures.
- Monitored GLs and budgeted amounts for specific expense lines to check variances.
- Managed the entire billing data reconciliation and provided final approvals to the vendors for raising invoices.
- Handled a monthly volume of over 1,000 invoices worth Rs. 75 crore.
- Validated contracts, POs, and agreements to ensure accuracy in making vendor payments.
- Developed and implemented new internal controls for monitoring and validation of various master reports and trackers.
- Developed tracking mechanisms to assess metrics such as outstanding payouts and payment turnaround time.
- Liaised between the IT team and the internal team for an automation project.
- Managed monthly provisioning for ATM services and ATM procurement.
- Created multiple macros with the help of the IT development team for the automation of monthly activities.
- Assisted in setting up a process related to debit notes for overages and shortages in ATMs.
Executive
Hitachi Payments Services
Mumbai
06.2014 - 09.2015
- Handled new takeover and forecasting for white-labeled ATMs.
- Coordinated with PAN bank vendors for feasibility, negotiation on rates, and further allocation of business.
- Coordinated with banks, the project team, and the vendor to make the machine live for customers.
- Coordinated with corporate branch officials to obtain cash supply for WLA ATMs.
- Prepared MIS dashboard reports for senior management reviews.
- Managed monthly billing data validation.
- Created multiple macros with the help of the IT development team for the automation of monthly activities.
Executive
TATA Communications & Payments Sol. Ltd.
Pune
09.2013 - 06.2014
- Planned and intended the cash loading of ATMs for Axis Bank and ICICI Bank across pan India.
- Monitored the cash loading status by utilizing hopper files and downtime reports.
- Prepared daily cash-out reports and followed up with CIT agencies.
- Conducted daily MIS reporting, and prepared the monthly CIT billing.
- Served as the escalation point for issues between the bank and the vendors.
Customer Care Agent
NCR CORPORATION
Mumbai
07.2012 - 09.2013
- Conducted ATM C3R/CBR reporting for PSU bank (Punjab National Bank) across Pan-India.
- Organized new takeovers with CIT, and daily MIS reports.
- Coordinated Cash Verification Audits, when requested by the bank,
- Managed overage and shortage cases for ATM reconciliation.
- Handled escalations and issues related to the bank and vendors.
- Prepared CIT monthly billing with accuracy.
Education
BBA - Finance And Portfolio Management
Mumbai University
Mumbai, India03-2011
Skills
- Capex/Opex Evaluation
- Expense Variance Analysis
- Accounts Payable
- Month-End Reconciliation
- Financial-MIS Reporting
- Cost & Budgeting
- Vendor Management
- Risk & Compliance
Accomplishments
- While working at HDFC Bank, I was awarded the 'Silver Star Performer' for timely reconciliation and making vendor payments during the crucial Covid-19 period, and I was also rewarded as a 'Key Performer' in FY 18-19 and FY 20-21
- While working at Hitachi Payments Services, I was awarded the title of 'Star Associate' for my enthusiasm and commitment to excellence at work
Personal Information
- Passport Number: S2250259
- Father's Name: Mr. Vilas Shelar
- Blood Group: A+
- Date of Birth: 12/24/90
- Nationality: INDIAN
- Marital Status: Married
Timeline
Manager
Axis Bank Ltd.
11.2022 - Current
Manager
HDFC Bank Ltd.
09.2015 - 11.2022
Executive
Hitachi Payments Services
06.2014 - 09.2015
Executive
TATA Communications & Payments Sol. Ltd.
09.2013 - 06.2014
Customer Care Agent
NCR CORPORATION
07.2012 - 09.2013
BBA - Finance And Portfolio Management
Mumbai University
Similar Profiles
Naresh KumarNaresh Kumar
Branch Manager at Axis Bank Ltd.Branch Manager at Axis Bank Ltd.
Jaykumar S. RathodJaykumar S. Rathod
Branch Relationship Officer at Axis Bank Ltd.Branch Relationship Officer at Axis Bank Ltd.
Subir Kumar GhoshSubir Kumar Ghosh
Deputy Manager at Axis Bank Ltd.Deputy Manager at Axis Bank Ltd.
NAVEEN KUMARNAVEEN KUMAR
Collection Manger- Deputy Manager at Axis Bank Ltd.Collection Manger- Deputy Manager at Axis Bank Ltd.
ANIKET DATKHILEANIKET DATKHILE
Assistant Manager (Hunter Analyst) at Axis BankAssistant Manager (Hunter Analyst) at Axis Bank