Mahesh Kumar
Bengaluru
Summary
With a proven track record at M/S JASSBYS HOTELS PRIVATE LIMITED, I excel in financial analysis and operational management, demonstrating a robust ability to enhance financial strategies and drive organizational growth. Leveraging expertise in documentation compliance and risk management, I have significantly contributed to improving profitability and operational efficiency.
Overview
22
22
years of professional experience
Work History
Chief Financial Officer
M/S JASSBYS HOTELS PRIVATE LIMITED
Bengaluru
05.2018 - Current
- Finalization of accounting and preparation of financials, with schedules.
- Monthly Information System Preparation for Management.
- Oversaw cash flow management activities including accounts receivable and payable processing, payroll administration and banking functions.
- Established policies related to internal controls over accounting systems as well as financial processes within the organization.
- Identified cost saving measures through analysis of existing operational procedures.
- Recruited, trained and managed staff responsible for accounting functions within the organization.
- Managed company-wide budgets, payroll, accounting and other financial operations.
- Guided internal audits, risk assessments and compliance monitoring.
- Provided strategic and financial growth advice to other company executives.
- Supported company growth objectives by developing solid financial plans.
- Minimized losses by improving financial strategies to improve corporate position.
- Improved profitability by accurately maintaining P&L to meet prime fiscal responsibility.
- Analyzed financial data to identify trends and recommend solutions for improvement.
- Managed the preparation of external audit reports in accordance with Generally Accepted Accounting Principles.
- Collaborated with senior management to develop long-term business objectives and plans.
- Cultivated relationships with banking institutions to secure favorable terms on loans and lines of credit.
- Prepared accounts and conducted audits according to regulatory requirements.
- Modified the comprehensive financial reporting package to reflect growing organizational complexity, and managed financial reporting processes to validate that internal and external financial results align with GAAP.
- Signed and approved budgets for new funding and program initiatives.
- MCA-related works.
- Modified comprehensive financial reporting package to reflect growing organizational complexity and managed financial reporting processes to validate internal and external financial results align with GAAP.
Account Manager
M/S ADVANCE TECHNOLOGIES (BIG BAGS GROUP)
Bengaluru
04.2005 - 04.2018
- Reviewed and approved monthly journal entries, account reconciliations, and financial statements.
- Prepared annual budgets and monitored actual performance against budget goals.
- Monitored compliance with government regulations regarding taxes, insurance coverage.
- Maintained updated records of all assets owned by the company.
- Ensured accuracy of general ledger postings by reconciling accounts periodically.
- Collaborated with accounting associates to improve reconciliation processes.
- Recognized security risks to properly handle situations.
- Assisted in the preparation of financial statements, budgets and forecasts for the company.
- Identified opportunities to improve internal processes and procedures related to accounting.
- Analyzed financial data to identify trends or potential risks and opportunities.
- Reconciled bank accounts on a monthly basis to ensure accuracy of records.
- Performed month-end closing activities such as journal entries, accruals, reconciliations.
- Generated periodic reports detailing financial performance against budget goals.
- Produced sales documents, finalized deals and filed records.
- Increased profitability and revenue by identifying customer needs and determining appropriate offerings.
- Received, inspected and recorded incoming goods against invoices or other documents.
- Organised storage of goods in the storeroom according to their nature and size.
- Ensured that health and safety regulations were strictly adhered to within the storeroom.
- Managed inventory levels by conducting regular stock checks and restocking when necessary.
- Issued materials from stores upon request from authorised personnel.
- Liaised with suppliers regarding product availability and delivery timescales.
- Maintained accurate inventory records and monitored stock levels.
- Developed strategies to maximize efficiency in order to reduce costs and increase profitability.
- Analyzed data from various sources to identify areas for improvement in inventory management processes.
- Managed day-to-day logistics operations, monitoring incoming deliveries and overseeing personnel tasks.
- Monitored product import or export processes to verify compliance with regulatory or legal requirements.
- Identified opportunities to reduce costs and improve productivity.
- Finalization of stock reports with transfers and cost.
- Interacting with CAs for the financials finalization and filings.
- Export document preparation and looking dispatched with quality.
- Documents / quality maintained as per the ISO 9001:2000.
- Attended ISO audits and customer audits
Account Manager
M/s FOUNTAINHEAD BOOK STORE (UNIT OF INDIA BOOK DISTRIBUTORS)
Bengaluru
03.2004 - 03.2005
- Performed financial analysis to identify discrepancies in accounting data and created reports to document findings.
- Conducted audit tests to evaluate internal control systems and assessed accuracy of financial records.
- Prepared detailed schedules for auditing purposes, such as revenue and expense accounts or inventory items.
- Participated in meetings with clients to discuss audit results and recommendations for improvement.
- Maintained up-to-date knowledge of Generally Accepted Accounting Principles standards.
- Assisted in the preparation of monthly financial statements and reports.
- Maintained the general ledger system to ensure accurate recording of all transactions.
- Processed journal entries for accruals, amortization and other adjustments.
- Answered questions from customers regarding their billing or payment status.
- Managed vendor relationships by ensuring timely payments and resolving disputes.
- Managed daily bookkeeping functions with attention to accounts receivable, accounts payable, banking reconciliation and disbursements.
- Liaised with vendors and suppliers to negotiate payment terms and resolve billing issues.
- Prepared and issued customer invoices, monitored receivables, and managed collections process.
- Maintained accurate financial records and documentation in compliance with company policies.
- Calculated income and social security tax deductions.
Audit Assistant
V S HARISH AND CO.
Bangalore
04.2003 - 03.2004
- Collaborated with team members to share findings and develop strategies for auditing procedures.
- Performed financial analysis to identify discrepancies in accounting data and created reports to document findings.
- Mitigated annual audit risks and developed final certification reports for small businesses.
- Liaised with auditors to complete annual audits and maintain compliance with local, state and federal requirements.
- Presented audit results to management teams, delivering information in non-technical terms for easy understanding.
- Analyzed balance sheets for mistakes and inaccuracies.
- Assisted in planning and conducting audits of company accounts and financial transactions.
- Conducted risk assessments of financial operations to identify areas for audit focus.
Education
Bachaelor of Business Management - Accounting, Taxation, Economics, Business Studies
Poorna Prajna College
Udupi03-2003
Commerce - Accounting And Finance
GOVERNMENT PRE UNIVERSITY COLLEGE
KAUP, UDUPI TALUK03-2000
Skills
- Documentation compliance
- Documentation requirements
- Operational management
- Budget development
- Performance metrics analysis
- Risk management
- Operational decision making
- Reporting expertise
- Financial analysis expertise
- Cash flow management
- Public accounting
- Financial administration
- Accounting principles
- MIS Reports
- Finalisation of Financials
Languages
English
First Language
English
Upper Intermediate (B2)
B2
Kannada
Upper Intermediate (B2)
B2
Hindi
Upper Intermediate (B2)
B2
Timeline
Chief Financial Officer
M/S JASSBYS HOTELS PRIVATE LIMITED
05.2018 - Current
Account Manager
M/S ADVANCE TECHNOLOGIES (BIG BAGS GROUP)
04.2005 - 04.2018
Account Manager
M/s FOUNTAINHEAD BOOK STORE (UNIT OF INDIA BOOK DISTRIBUTORS)
03.2004 - 03.2005
Audit Assistant
V S HARISH AND CO.
04.2003 - 03.2004
Bachaelor of Business Management - Accounting, Taxation, Economics, Business Studies
Poorna Prajna College
Commerce - Accounting And Finance
GOVERNMENT PRE UNIVERSITY COLLEGE
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