Mahendra Dayare
Nagpur
Summary
Dynamic finance professional with extensive experience at KOMATSU LTD., excelling in financial reporting and regulatory compliance. Proven track record in cost analysis and budget management, leading cross-functional teams to enhance operational efficiency. Adept at developing financial policies while fostering collaboration and problem-solving skills to drive strategic initiatives. Experienced Deputy Manager of Finance with background in overseeing financial operations, developing budgets, and conducting comprehensive financial analysis. Strong analytical skills coupled with proven abilities in strategic planning and problem-solving. Demonstrated success in implementing cost control measures that resulted in significant savings for previous employers. Utilize strong leadership skills to lead teams effectively, driving efficiency and productivity. An organized and motivated individual, eager to utilize time management and organizational skills across diverse settings. Seeking entry-level opportunities to enhance abilities while contributing to company growth. Experienced professional with a strong background in technology-related roles. Proficient in software development, system administration, and technical support. Skilled in problem-solving and optimizing performance. Capable of managing projects and collaborating effectively with teams. Committed to continuous learning and staying current with industry trends to contribute to organizational success.
Overview
22
22
years of professional experience
Work History
Deputy Manager of Finance & Accounts
KOMATSU LTD.
Nagpur
04.2011 - Current
- Executed GST return and compliance processes, ensuring full regulatory compliance.
- Developed excise invoices and documentation following export protocols.
- Managed import shipments by approving HSN checklists and overseeing payment processes.
- Prepared comprehensive monthly costing reports along with inventory management updates.
- Created MIS reports for sales collections, facilitating prompt vendor payments.
- Maintained audit compliance through careful expense tracking and receipt management.
- Led finance department activities, coordinating logistics functions while managing budget reporting.
- Served as main liaison for client issues, working with sales teams to achieve marketing objectives.
- Managed financial reporting and analysis for various business units.
- Developed and monitored budgets to ensure financial compliance.
- Coordinated audits and ensured timely submission of financial documents.
- Oversaw cash flow management to maintain operational efficiency.
- Implemented cost control measures to optimize resource allocation.
- Led cross-functional teams to improve financial processes and workflows.
- Provided training and support to junior finance staff on best practices.
- Analyzed financial data to identify trends and inform decision-making.
- Advised senior management regarding capital expenditure decisions based on detailed cost benefit analysis.
- Participated in various projects related to system upgrades or other initiatives requiring finance expertise.
- Reviewed invoices for accuracy prior to payment processing; negotiated discounts when possible.
- Ensured accurate recording of fixed asset additions and disposals in accordance with GAAP guidelines.
- Created monthly financial statements, reports, and forecasts for management review.
- Collaborated with external auditors during annual audits; responded promptly to inquiries from auditors.
- Performed month-end close activities such as journal entries and reconciliations, ensuring timely completion of tasks within established deadlines.
- Analyzed financial data to identify trends in revenue and expense performance.
- Conducted periodic reviews of all general ledger accounts to ensure accuracy of information reported.
- Developed and implemented financial policies and procedures to ensure compliance with accounting standards.
- Assisted in the development of internal control systems to safeguard company assets from unauthorized use or disposition.
- Built relationships with key stakeholders across departments to ensure alignment between business objectives and financial performance.
- Supervised daily operations to ensure compliance with company policies and procedures.
- Coordinated team activities to streamline workflows and enhance productivity.
- Managed inventory control processes to maintain optimal stock levels and reduce waste.
- Developed training materials for new employees to ensure efficient onboarding practices.
- Implemented process improvements to enhance operational efficiency across departments.
- Conducted performance evaluations to assess staff capabilities and recommend improvements.
- Collaborated with cross-functional teams to align project goals with organizational objectives.
- Coordinated with other departments to ensure smooth functioning of activities.
- Maintained records of all operational activities for future reference.
- Monitored daily operations and ensured compliance with company policies and regulations.
- Worked closely with customers to understand needs and resolve diverse issues.
- Provided guidance and support to team members to help them achieve goals.
- Coordinated logistics operations to ensure timely delivery of goods.
- Managed inventory levels to optimize supply chain efficiency.
- Developed comprehensive lesson plans aligned with safety regulations and standards.
- Reviewed financial statements for accuracy and completeness in reporting.
- Monitored regulatory changes to ensure ongoing compliance within the organization.
- Led team meetings to discuss financial performance and strategic initiatives.
- Coordinated audits with external firms to ensure compliance and accuracy.
SR. ACCOUNTANT
DIFFUSION ENGINEERS LIMITED
NAGPUR
12.2009 - 04.2011
- Compiled monthly VAT reports while tracking accurate VAT & Excise entries.
- Facilitated TDS formalities in line with regulatory requirements.
- Directed preparation of monthly balance sheets, maintaining comprehensive accounting records.
- Supervised petty cash management, ensuring precise expense tracking.
- Produced MIS reports to support strategic financial planning.
- Submitted detailed monthly stock statements to banks as required.
- Validated branch-submitted expenses, upholding fiscal responsibility.
- Examined TA bills for consistency and proper allocation.
- Managed monthly financial close processes and reconciled accounts for accuracy.
- Mentored junior accountants, enhancing team knowledge and skill development.
- Managed daily closing, reporting and reconciliation functions.
- Reconciled bank statements to general ledgers on a monthly basis.
EXECUTIVE -ACCOUNTS & ADMINISTRATION
SHRIRAM TRANSPORT FINANCE COMPANY LIMITED
NAGPUR
03.2007 - 12.2009
- Managed daily petty expenses entry and monthly branch and field executive expenses.
- Developed financial models for assessing loan risk and creditworthiness.
- Oversaw compliance with regulatory standards and internal policies.
- Facilitated cross-departmental collaboration to drive operational efficiency.
- Oversaw cash and bank receipt entries at cash counter.
- Checked documentation for feed proposal entries to allocate loan or proposal numbers.
- Prepared monthly MIS report for branch performance analysis.
- Tracked collections against temporary receipts issued to field executives.
- Coordinated with RO, division, and HO for effective communication.
- Assisted branch manager in settlement, seizing, and absconding vehicle issues.
- Reported daily attendance of branch employees to HO for record keeping.
ACCOUNTS ASSISTANT
SAKAAL NEWSPAPER LIMITED
NAGPUR
06.2006 - 02.2007
- Managed receipt handling across all branches and accounting functions.
- Processed invoices and expense reports for timely payment approval.
- Assisted with monthly financial reconciliations and reporting tasks.
- Maintained organized records of transactions and vendor communications.
- Oversaw advertising billing collections within account sections.
- Conducted bank reconciliations to ensure financial accuracy.
- Prepared weekly collection status and advertising booking business reports.
- Generated monthly aging and outstanding reports for financial tracking.
AUDITOR CUM ACCOUNTANT
M/S MAHESH RATHI & CO
Nagpur
04.2004 - 03.2006
- Executed statutory and internal audits for public sector company.
- Conducted detailed audits of financial statements and compliance documents.
- Performed bank audit to ensure compliance with financial regulations.
- Calculated taxable income for accurate reporting and tax obligations.
- Utilized Tally 7.2 for finalization of party ledgers.
- Finalized balance sheet to reflect accurate financial position.
- Conducted stock audit for Lafarge Cement and Birla Tyres to verify inventory accuracy.
Education
LL.B. - Law
Dr. Ambedkar Law College
Nagpur02.2016
M.Com - Marketing Management And Research
G.S. College
Nagpur03.2013
GDC&A - Auditing
Govt. Diploma in Cooperation & Accountancy Board
Nagpur06.2012
MBA - Accounting And Finance
Vinayaka Missions University
Salem, Tamil Nadu06.2009
PG. DBM - Business Management
Department of Management Science & Research, G.S. College
Nagpur03.2006
B.Com. - Commerce
Hislop College
Nagpur03.2005
H.S.C. - Commerce
Hislop College
Pune, Maharashtra02.2002
S.S.C. - General Studies
Subhash Chandra Bose High School
Nagpur03.2000
Skills
- Financial reporting and budgeting skills
- Regulatory compliance expertise
- Cost analysis proficiency
- Auditing capabilities
- Financial modeling experience
- Team collaboration abilities
- Problem-solving techniques
- Development of financial policies
- Knowledge of GAAP standards
- Expense control measures
- Management of accounts receivable
- Cash flow oversight
- Asset management strategies
- Preparation of financial statements
- Risk management in finance
- Fixed asset accounting practices
- Credit analysis skills
- KPI development methods
- Hedge accounting knowledge
- Inventory management techniques
- Budgeting strategies for efficiency
- Supply chain optimization practices
- Logistics coordination expertise
- Export documentation processes
- Compliance auditing methods
- AWS operational management
- Data analysis capabilities
- Inventory control practices
- Process improvement initiatives
- Tax compliance understanding
- Analysis of tax regulations
- Vendor relationship management strategies
- Procurement process efficiency
- Vendor evaluation techniques
- Understanding of import-export regulations
- Facility maintenance practices
- Sustainability initiatives in operations
Work Status
India
UAE
USA
GERMANY
Willingness To Relocate
I am willing to serve anywhere in India & Aboard
Operating Systems
- SAP/R3/HANA
- ERP
- Tally
- UNO
- Window
- Idea Soft’s.
- BAN
- GST Portal
- ICE-Gate
Conceptual Knowledge
- Basics of computers viz. MS-Office {Excel, PPT}
- PageMaker
- CorelDraw
- DTP
- MSCIT
- CCO
- Typing 60
- C++
- HTML
- VB
- Oracle
Languages
- Marathi
- Hindi
- English
Target Job
As per Applied Position in Our Reputed Organization, Full-Time, Negotiable, Presently working as Assistant Manager, Immediately
Personal Information
- Total Experience: 15 Years
- Date of Birth: 07/10/84
- Marital Status: Married
Languages
English
Proficient (C2)
C2
Hindi
Proficient (C2)
C2
Marathi
Native
Native
Accomplishments
Winner of Innovation challenge organized by XpressBees (BusyBees Logistics Solutions) Xpress Pro (1st Runner-Up): Feb 2022
Affiliations
NCC (National Cadet Corps) 2003–2005,
RSP (Road Safety Patrol) 1997–2000,
MCC (Maharashtra Cadet Corps) 1998–99,
Fire and CPR First Aid Safety Certificate 2017.
RSP (Road Safety Patrol) 1997–2000,
MCC (Maharashtra Cadet Corps) 1998–99,
Fire and CPR First Aid Safety Certificate 2017.
Timeline
Deputy Manager of Finance & Accounts
KOMATSU LTD.
04.2011 - Current
SR. ACCOUNTANT
DIFFUSION ENGINEERS LIMITED
12.2009 - 04.2011
EXECUTIVE -ACCOUNTS & ADMINISTRATION
SHRIRAM TRANSPORT FINANCE COMPANY LIMITED
03.2007 - 12.2009
ACCOUNTS ASSISTANT
SAKAAL NEWSPAPER LIMITED
06.2006 - 02.2007
AUDITOR CUM ACCOUNTANT
M/S MAHESH RATHI & CO
04.2004 - 03.2006
LL.B. - Law
Dr. Ambedkar Law College
M.Com - Marketing Management And Research
G.S. College
GDC&A - Auditing
Govt. Diploma in Cooperation & Accountancy Board
MBA - Accounting And Finance
Vinayaka Missions University
PG. DBM - Business Management
Department of Management Science & Research, G.S. College
B.Com. - Commerce
Hislop College
H.S.C. - Commerce
Hislop College
S.S.C. - General Studies
Subhash Chandra Bose High School