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Hi, I’m
Mahesh Patil
Finance & Payroll Senior Associate
Dadar,Mumbai
Summary
Successfully implemented Spine Payroll Software to streamline payroll, leave and attendance.
Expense management processes, resulting in 100% adoption and a significant reduction in cash transactions.
Digitized documentation processes, improving efficiency and accessibility.
Provided leadership and guidance to a team members, ensuring successful project execution
Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals.
Seasoned Payroll Specialist bringing nine years' experience in accounting and operations management. Proven history of achievement and innovation coupled with outstanding work ethic, commitment and loyalty. Strong track record of effective leadership, collaborative teamwork and articulate communication. Highly adept with key strengths in payroll administration functions, including discrepancy research, regulatory guidelines adherence, complex processing procedures and program management.
Overview
19
years of professional experience
1
Certificate
3
Languages
Work History
Fynd, Shop sense Retail Technologies LtdMumbai
Senior Associate
03.2022 - Current
Job overview
- Manage employee onboarding by creating finance profiles and handling onboarding process in Keka system
- Trained and supported new team members, maintaining culture of collaboration.
- Identified and resolved complex issues by applying advanced analytical and troubleshooting strategies.
- Prioritized tasks to meet tight deadlines, pitching in to assist others with project duties.
- Verify and approve relocation reimbursements, maintaining accurate documentation and tracking progress
- Oversee employee reimbursements in Keka Portal, ensuring timely and accurate processing
- Process monthly data for PF, PT, and ESIC to facilitate salary calculations
- Collaborate with consultants to manage PF, PT, PF New Joiner, PF Exit Data, and
- ESIC payments
- Ensure smooth employee exits by marking settlements in Keka system and managing full and final settlements according to company procedures
- Monitor retention pay as per company policy and prepare monthly onboarding data for reporting purposes
- Verify data related to referral bonuses, joining bonuses, retention bonuses, exit employees, and other deductions in collaboration with HR team
- Calculate overtime payments for operations team accurately
- Manage third-party employee monthly working agreements as per contractual terms
- Facilitate freelancer payments in compliance with established procedures
- Conduct online sessions to educate new employees on financial and taxation matters
- Reconcile salary processing in Excel with Keka portal
- Handle employee loan agreements and approvals, maintaining loan aging report
- Calculate income tax on quarterly and yearly basis for return filing and assist employees with income tax declarations
- Ensure compliance with statutory bonus regulations as per Bonus Act and Minimum Wage Act
- Prepare monthly employee headcount reports for reporting to relevant stakeholders
- Resolved payroll discrepancies quickly and successfully
- Collaborated with human resources and other departments to confirm payroll accuracy
- Maintained strict confidentiality of all payroll information and records
- Calculated wages, deductions and bonuses in accordance with company policies
- Audited timesheets and payroll records for accuracy
- Utilize Excel, Keka Portal, and Tally for above tasks
Bombay Fluid System Components Pvt LtdDadar, Mumbai
Assistant Manager - Finance & Payroll
09.2014 - 02.2022
Job overview
- Monitored cash intake and deposit records, increasing accuracy, and reducing discrepancies.
- Created employee schedules to align coverage with forecasted demands..
- Creating employee profiles and handling onboarding process in Spine Software.
- Calculate and track leave balances for accurate leave calculations.
- Manage salary calculations and payments for employees. Reconcile bank, debtors, inter-company, and creditors accounts.
- Process GSTR3B data for taxation purposes.
- Handle supplier purchases for multiple branches and head office, ensuring timely payments.
- Manage day-to-day expenses of head office. Prepare monthly PF working, upload ECR files, and generate payment challans.
- Handle cash management and record cash expenses and petty cash vouchers.
- Code fixed assets for all branches and head office.
- Prepare Form 16 and Form 16A documents. Assist with associate full and final settlements.
- Follow up on outstanding payments with debtors. Assist with audit activities.
- Implement Sine Payroll software, along with Leave and Attendance and Expenses Voucher modules.
- Issue purchase orders following approved procedures.
- Researched and facilitated software integration to streamline accounting and financial processes
- Trained new and existing staff members in various financial procedures to prepare for job requirements
- Utilize Excel, Scala, Spine Portal, and SAP-B1 for above tasks
TORRENT MOTORS PVT LTD NissanMumbai
Senior Account Executive
03.2012 - 09.2014
Job overview
- Prepare customer invoices and verify customer accounts.
- Maintain stock statements and update them regularly.
- Process salary calculations and payments for employees.
- Reconcile bank, debtors, inter-company, and creditors accounts.
- Ensure timely statutory payments (P.F, E.S.I.C, P.T, etc.).
- Manage supplier purchases in Tally and make timely payments.
- Handle stock audits for vehicle receipts at stockyard.
- Process purchase and expense payments.
- Scrutinize sales and purchase data for MVAT calculations.
- Prepare monthly service tax reports.
- Handle cash management and record cash expenses and petty cash vouchers.
- Prepare Form 16 and Form 16A documents. File TDS returns.
- Follow up on outstanding payments with debtors and insurance companies.
- Assist with audit activities.
- Prepared documentation, finalized sales and maintained records
- Perform tasks related to both showroom and workshop accounting.
- Managed and mentored team of account executives
- Increased revenue by communicating payment changes and product updates to customers
- Utilize Tally ERP 9.0, DMS Oracle 10G for above tasks.
SANGHI MOTORCAR CO,VITESSE PVT LTDMumbai
Accounts Executive
08.2008 - 03.2012
Job overview
- Perform day-to-day accounting tasks
- Prepare customer invoices and update debtor outstanding records
- Generate sales and OTC tax invoices in Tally
- Prepare daily, labor, and debtor reports
- Generate reports from DMS India Car system
- Prepare customer receipts for cash, check, and credit card payments
- Follow up on outstanding payments with internal and insurance companies
- Reconcile bank, debtors, and creditors accounts
- Process supplier purchases in Tally and make timely payments
- Process salary calculations and payments for employees
- Handle cash management and record cash expenses and petty cash vouchers
- Ensure timely statutory payments (P.F, E.S.I.C, P.T, etc.)
- Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance
- Deposit cash in bank on weekly basis
- Scrutinize sales and purchase data for MVAT calculations and filing
- Prepare monthly service tax reports
- Maintain employee records
- Utilize Excel, Tally ERP 9.0, DMS Oracle 10G for above tasks.
MOMS OUTDOOR MEDIA SOLUTIONS PVT LTDMumbai
Accounts Assistant
09.2007 - 01.2009
Job overview
- Process billing for clients
- Scrutinize client ledgers and assign job numbers for campaigns
- Prepare client invoices and update outstanding records for all branches and head office
- Book supplier bills in Tally and make timely payments
- Handle cash management and record cash vouchers for all branches and head office
- Check and update supplier invoices in outstanding records
- Prepare supplier purchase orders based on master sheet
- Process salary calculations and payments for employees
- Maintain P.F and ESIC records for employees
- Perform monthly TDS and MVAT calculations and filing
- Supervise filing of dockets as per order requirements
- Send weekly outstanding reports and original signed estimates to all branches
- Dispatch invoices and purchase orders to respective branches
- Assist with audit activities
- Utilize Excel and Tally ERP 9 for above tasks
- Experience
- Education
- Skillsahesh.patil21984@gmail.com
- Verify and book invoices for goods and services
- Process vendor payments
- Scrutinize creditor ledgers
- Track goods receipts and follow up on pending invoices
- Book supplier invoices in SAP and make payments according to due dates
- Ensure compliance with TDS regulations
- Supervise filing of bills as per order requirements
- Assist with audit activities
- Inspected account books and recorded transactions.
- Utilize SAP (R/3 Accounting System) for above tasks.
INFOMEDIA INDIA LTDMumbai
Accounts Assistant
08.2004 - 08.2007
Job overview
- Journal and ledger entries
- Payroll laws and regulations
- Quick Learner
- Problem Solving
- Cost Reduction
- Voucher Management
- Mumbai, Successfully implemented Spine Payroll Software to streamline payroll, leave and attendance
- Expense management processes, resulting in 100% adoption and significant reduction in cash transactions
- Digitized documentation processes, improving efficiency and accessibility
- Provided leadership and guidance to team members, ensuring successful project execution.
- Maintained clean and organized files by keeping accounts payable records up-to-date.
Education
Mumbai University Mumbai
Bachelor of Commerce
03.2007 - 2007.03
Industrial Computer AccountancyMumbai
Some College (No Degree)
01.2005 - 2005.05
Skills
Journal and ledger entries
Additional Information
- ExperienceI am committed to serving the organization I am a part of with sincerity and loyalty. I am an organizedand reliable candidate who excels at handling multiple priorities while maintaining a positive attitude.I am eager to take on additional responsibilities in order to contribute to the team's success.
Certification
Spine HRMS Training
Interests
Watching Movies
Cricket
Exploring Food
Timeline
Senior Associate
Fynd, Shop sense Retail Technologies Ltd
03.2022 - Current
Assistant Manager - Finance & Payroll
Bombay Fluid System Components Pvt Ltd
09.2014 - 02.2022
Senior Account Executive
TORRENT MOTORS PVT LTD Nissan
03.2012 - 09.2014
Accounts Executive
SANGHI MOTORCAR CO,VITESSE PVT LTD
08.2008 - 03.2012
Accounts Assistant
MOMS OUTDOOR MEDIA SOLUTIONS PVT LTD
09.2007 - 01.2009
Mumbai University
Bachelor of Commerce
03.2007 - 2007.03
Industrial Computer Accountancy
Some College (No Degree)
01.2005 - 2005.05
Accounts Assistant
INFOMEDIA INDIA LTD
08.2004 - 08.2007
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