Summary
Overview
Work History
Education
Skills
Personal Information
Affiliations
Additional Information
Timeline
Generic

Jayawesh Punwani

Pune

Summary

Chartered Accountant with 12 years of experience in financial management, auditing, and governance. Expertise in advanced accounting software and tools for streamlining financial procedures and improving accuracy. Strong skills in stakeholder collaboration, team leadership, and process improvement.

Overview

16
16
years of professional experience

Work History

Senior Specialist/Senior Manager

LTIMindtree Ltd
05.2019 - Current
  • Oversee the accounts payable function across multiple geographies
  • Supervise accounting transactions undertaken by a team of 15
  • Collaborate with finance and other departments for month-end closing activities and financial reporting
  • Responsible for provision accounting, variance analysis, and major GL accounts reporting through Power BI
  • Review bank reconciliation statements, vendor aging reports, balance sheet entries, and GRIR clearing
  • Interact with statutory and internal auditors, perform vendor balance confirmation
  • Part of GenAI team to automate accounts payable
  • Involved in pre-merger & post-merger teams of LTIMindtree
  • Streamlined month-end closing process, reducing completion time from 7 days to 4 days
  • Develop and implement process improvements (robotic process) for efficiency and compliance
  • Manage vendor relationships and handle escalations promptly

Manager – Cost Assurance

Viacom 18 Media Pvt Ltd
07.2018 - 04.2019
  • Accounting of Fixed Assets in SAP
  • Ensure monthly closure of channels by passing provision, prepaid, amortization, advance tax, GST entries in SAP, and assist in preparing financial statement schedules
  • Analyse GRIR report and verify the receipt of goods & services
  • Review Trial Balance & Financial Statements and provide remarks on major variances
  • Ensure correct accounting of GST Invoices and timely payments to vendors
  • Assist in reconciliation of GSTR-2A with company books
  • Developed a portal for seamless posting of Agent Airline Invoices and employee travel expenses in SAP

Assistant Manager – Finance

Glenmark Pharmaceuticals Ltd
10.2015 - 07.2018
  • Ensure correct and timely accounting & payments as per GST requirements
  • Address audit queries and provide responses to Corporate Accounts
  • Circulate detailed MIS of marketing expenditure quarterly
  • Assist in designing strategic processes and business activities
  • Reconcile monthly sales from SAP & IBIS
  • Calculate and circulate incentives, and assist in drafting incentive policy
  • Assist in budgeting activities and prepare HR department MIS
  • Initiated & Designed SAP process for correct valuation of inventory at Central Warehouse
  • Design robust process for accounting of unaccounted EMD & Bank guarantees
  • Design and circulate SOPs as required by law and audit.

Executive (Finance & Accounts)

L&T Realty Ltd. Mumbai
12.2012 - 10.2015
  • Monitor pricing methodologies and minimize associated risks
  • Ensure revenue accounting and compliance with bankers and JV partners
  • Prepare taxation details – TDS, MVAT & Service Tax
  • Ensure compliance with Risk Control Matrix for P2P, OTC, and R2R
  • Calculate sales incentives for projects and prepare sales MIS
  • Ensure compliance with MOFA, internal (including ICFR) and external audits
  • Monitor validation of documents for apartment bookings, allotments, NOC, and registrations
  • Process and procedure improvement and ERP Implementation (SAP – ERP – SD, MM Module)
  • Key contributor to the successful migration of the accounting system from REMS to SAP across all projects
  • Prepare and circulate industry benchmarking and competition analysis reports.

Senior Article Assistant

Bhandari & Associates (Chartered Accountant Firm)
08.2008 - 08.2012
  • Conducted audits (statutory, internal, VAT), managed tax assessments and filings, and oversaw accounting functions for compliance with standards and regulations
  • Evaluated business processes and risks, and prepared documentation for income tax scrutiny assessments.

Education

Chartered Accountant (CA) -

Institute of Chartered Accountants of India
05.2012

Company Secretary (CS) -

Institute of Company Secretaries of India
06.2015

Diploma in International Financial Reporting Standards (IFRS) -

ACCA London
07.2017

Bachelor of Commerce (B.Com.) -

Mumbai University
01.2011

Skills

  • Proficient in SAP (S&D and FI Module)
  • Power BI
  • Supplier 360 Portal (Vendor management/Invoice accounting cloud tool)
  • Coupa (Invoice accounting cloud tool)
  • MS Office
  • Real Estate Management Software (REMS)
  • Go Frugal (Oracle Platform)

Personal Information

  • Notice Period: 3 Months
  • Date of Birth: 01/09/90

Affiliations

  • "Received "PAT on the back" for performance and contributions to the team at L&T Infotech
  • "Super Hit" for Implementing Airline GST Reconciliation Process at Viacom 18
  • Received Multiple Awards for Process Improvement at Glenmark Pharma

Additional Information

  • Tech Savvy
  • Self Motivated
  • Good Communication
  • Team Player
  • Honesty and dedication
  • Analytical Thinking
  • Attention to Detail
  • Problem-Solving


Timeline

Senior Specialist/Senior Manager

LTIMindtree Ltd
05.2019 - Current

Manager – Cost Assurance

Viacom 18 Media Pvt Ltd
07.2018 - 04.2019

Assistant Manager – Finance

Glenmark Pharmaceuticals Ltd
10.2015 - 07.2018

Executive (Finance & Accounts)

L&T Realty Ltd. Mumbai
12.2012 - 10.2015

Senior Article Assistant

Bhandari & Associates (Chartered Accountant Firm)
08.2008 - 08.2012

Chartered Accountant (CA) -

Institute of Chartered Accountants of India

Company Secretary (CS) -

Institute of Company Secretaries of India

Diploma in International Financial Reporting Standards (IFRS) -

ACCA London

Bachelor of Commerce (B.Com.) -

Mumbai University

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Jayawesh Punwani