Harshit Prajapati
Mumbai
Summary
Results-driven finance professional with over 15 years of experience in finance management and team leadership. Expertise in streamlining financial processes and providing strategic support through comprehensive financial analysis, contributing to informed business decisions. Proven track record in budget management and financial reporting, consistently driving organizational success and enhancing operational efficiency. Committed to leveraging analytical skills and leadership capabilities to foster growth and optimize financial performance.
Overview
17
17
years of professional experience
Work History
Assistant Manager - Finance
Upgrad Education Private Limited
07.2023 - Current
- Company Overview: Upgrad is an online higher education platform providing rigorous industry-relevant programs designed and delivered in collaboration with world-class faculty and industry.
- Coordinated end-to-end Accounts Payable operations, ensuring timely invoice processing, vendor payments, credit/debit notes, and compliance with SOPs and internal controls.
- Supported monthly and year-end book closure by reviewing provisions, scrutinizing ledgers, and reconciling payables, receivables, inter-company accounts, and fixed assets in SAP ERP.
- Partnered with FP&A team for monthly MIS preparation, analysis of expenditure trends, and accurate reporting of liabilities to management.
- Ensured cash flow planning, fund adequacy, and treasury coordination for timely settlement of vendor obligations and payroll.
- Streamlined accounting processes by developing SOPs, automating recurring tasks, and optimizing payment cycles to improve efficiency and accuracy.
- Collaborated with cross-functional teams (Procurement, Taxation, Treasury, Audit) to ensure correctness of purchase orders, tax codes, approvals, and financial compliance.
- Prepared and presented payable dashboards, KPIs, and MIS reports, providing insights to management for decision-making and audit compliance.
- Acted as the key liaison with internal and statutory auditors, ensuring timely submission of audit requirements, reconciliations, and schedules.
- Supervised vendor onboarding, KYC verification, and vendor master data management to maintain accuracy and compliance with GST regulations.
- Led monthly reconciliations, dispute resolution, and vendor aging analysis, ensuring minimal payment backlog and strong vendor relationships.
Upgrad Education Private Limited
11.2017 - 09.2022
- Led finance process automation in Microsoft Navision, streamlining vendor onboarding and payment workflows, reducing Turnaround Time (TAT) by 24 hours.
- Automated travel vendor booking processes, achieving a one-week TAT reduction and improving cross-functional efficiency in finance and administration.
- Oversaw timely and accurate processing of domestic and international vendor payments, ensuring full FEMA compliance for foreign remittances.
- Managed and maintained the Fixed Asset Register, including asset capitalization, disposals, and depreciation calculations in line with applicable accounting standards.
- Ensured accuracy and completeness in financial reporting by preparing audit-ready schedules, maintaining fixed asset records, and supporting statutory and internal audits.
- Played a key role in year-end financial closures, contributing to accurate ledger balances and audit compliance through proper documentation and record management.
Accounts Manager
Headrush Ventures Private Limited
04.2015 - 11.2017
- Company Overview: Headrush has evolved into one of India's premier adventure sports brands. From thrilling adventure parks to innovative projects and events, we've been at the forefront of adrenaline-fueled experiences across the nation.
- Produced timely and precise MIS reports for management analysis.
- Prepared statutory books of accounts and financial statements, encompassing P&L Account and Balance Sheet.
- Addressed and resolved clients' billing discrepancies promptly.
- Implemented procedures to validate the accuracy of revenue and adjustment postings.
- Ensured prompt and accurate dispatch of invoices to vendors within specified timelines.
Assistant Manager - Accounts
Hotel Airport Kohinoor Private Limited
Mumbai
01.2010 - 03.2015
- Company Overview: Hotel Airport Kohinoor Pvt Ltd operates in two segments: hospitality and education. Operating under the name 'Kohinoor Continental', it features a 137-room 4-star hotel located in Mumbai, offering premium accommodation and services to guests.
- Facilitated month-end closing activities, contributing to streamlined and precise financial reporting.
- Oversaw the accurate posting of all revenues into the PMS system and General Ledger.
- Reconciled Credit Card (Accounts Receivable) transactions after a 6-month pending period.
- Executed daily operational tasks related to the Procure-to-Pay (P2P) cycle.
Vinod J Patel, Tax Consultants
Mumbai
12.2008 - 03.2010
- Company Overview: A small firm catering to various clients for book closures and Tax compliance.
- Performed Bookkeeping activity for Clients in Mumbai.
- VAT and Service Tax Calculation as Monthly Compliance
Education
B. Com - Accounting
Tolani College Mumbai University
05.2006
Skills
- Team Management
- End-to-End Procure-to-Pay (P2P) Cycle
- Fixed Asset Register (FAR) Management
- Inter Company Reconciliation
- MIS Reporting & Financial Analysis (R2R)
- Finance Process Automation
- General Ledger & Vendor Reconciliation
- SAP S/4 HANA - FICO
- Microsoft Navision
- Tally ERP
- Excel & Data Analysis
Timeline
Assistant Manager - Finance
Upgrad Education Private Limited
07.2023 - Current
Upgrad Education Private Limited
11.2017 - 09.2022
Accounts Manager
Headrush Ventures Private Limited
04.2015 - 11.2017
Assistant Manager - Accounts
Hotel Airport Kohinoor Private Limited
01.2010 - 03.2015
Vinod J Patel, Tax Consultants
12.2008 - 03.2010
B. Com - Accounting
Tolani College Mumbai University