Mayur Naik
Mumbai
Summary
With over 15 years of experience in Accounts & Finance, Audits, and Ecommerce Operations, I am a CA Finalist and CS Finalist. During my initial 6-year career, I honed my skills in Accounts and Audit services while working with various CA firms. In the past 9 years, I have immersed myself in the General Trade, e-Commerce & Modern Trade industry, successfully leading teams in achieving goals of Finance and Operations vertical. Throughout my journey, I consistently showcased deep expertise in utilizing financial and operational skills to drive company goals and achieve optimal outcomes.
Overview
15
15
years of professional experience
Work History
Finance Controller
Foxtrot Beverages Pvt Ltd
09.2022 - Current
- Supervised accurate, efficient, and compliant completion of monthly financial reporting.
- Prepare quarterly financial documents and general account management.
- Accurately completed financial statement audits and thoroughly reviewed results.
- Oversaw accounts payable and receivable operations.
- Managed daily financial functions in collaboration with accounting and payroll personnel.
- Provided treasury and cash management by overseeing reconciliation of banking activity, credit card processing, and sales tax returns.
- Prepared balance sheets, cash flow reports and income statements.
- Introduced internal controls to monitor critical areas of financial control and devised corrective actions to address risks or deficiencies.
- Directed corporate decision-making and planning by monitoring and setting policies and procedures to optimize fiscal performance.
- Increased flow of financial information throughout company by improving communication strategies.
- Prepared and filed tax returns and generated monthly reports in compliance with regulatory and organizational standards.
- Mitigated risk by implementing internal controls and safeguards for revenues and expenditures.
- Projected monthly cash expenditures through efficient budgeting and detailed document reviews.
Assistant Manager – Finance and Commercial
Synergy (India) Marketing Pvt Ltd
02.2021 - 08.2022
Assistant Manager – Finance
Softsens Consumer Products Pvt Ltd
11.2020 - 01.2021
- Prepared Monthly Financial MIS reports which helped the management for reviewing the progress of the company
- Prepared Monthly Cash Flow statement for review
- Prepared Financial Model of Online and Offline Business separately for review on monthly basis
- Analyse Sales Trend and Overhead Cost – Actuals vs Budgeted and prepare Variance report
- Prepare and file monthly GST returns for all 19 states and handled GST related queries
- Handle Account Payables and Receivables
- Handle monthly TDS payments and File Quarterly returns
- Handle Tax Audit and also IT Scrutiny
- Handle GST Audit for all states
Sr. Executive – Finance and Operations
CELLO WORLD PVT LTD. (CELLO GROUP)
02.2017 - 07.2020
- Initiated with new Company post GST in July 2017 only for e-commerce business within the group to have clear vision on the development of the ecommerce business channel
- Leading the team of 11 members for Finance and ecommerce Operations vertical
- Handled Accounting and Audit till Finalization of the company by leading the team of 4 executives
- Prepared Monthly Financial MIS reports which helped the management for reviewing the progress of the company and taking corrective measures for development of the company
- Also prepared half yearly balance to be presented with Board
- Managed Receivables and Payables and also Reconciliation process and controlled the Ageing within the Limits set by the company
- Also maintain monthly provision of expenses
- Reviewed TDS and GST details on monthly basis and shared with Taxation team for filling
- Handled and closed GST & e-Way bill Scrutiny for Fy18 and Fy19
- Also Handled PF Notice
- Handled various legal matters of the Company along with the Groups Consultant and also Insurance Claims and other related matters
- Reviewing all legal and contractual agreement before On-boarding new clients
- Representative of 2 group Companies of Cello during the Project of Due Diligence being carried out by EY team in Fy20
- Was offered the opportunity to Set-up and lead the e-commerce operations of the company
- Created and implemented the SOP for carrying out the smooth Operations and lead team of 7 executives
- Managed and improved the process over the period of time assisting in upscaling the performance of the team which further resulted in achieving the Goals and Growth rate
- The company managed to achieve remarkably high Fill Rate ranging between 80-85% by Dec 2017 and increased gradually in the following years and maintained it above 90%
- ROO – Returns Percentage dropped drastically to 4.5% which helped to Increase the Turnover by 2X in 1st year itself and thereafter
- Currently it is below 1.5%
- Overall Expenditure are monitored and controlled on regular basis and detailed reports are shared with the management on Quarterly basis
- Regular co-ordination with the Vendor’s Category Managers and their Operations team helped to develop cordial relations and improve the business
- Prepare monthly Sales Report - Client wise, Category Wise and Products wise and also Analysis of same on MOM / YTD basis and plan for future Target
Sr. Finance Executive
CRAFTSVILLA HANDICRAFTS PVT LTD.
10.2015 - 02.2017
- Prepared Analysis of Revenue and Expenses on monthly basis and discuss the same with the Finance VP before the same is presented with the management which helped in business development and focusing on the critical areas
- Prepared Monthly Financial MIS reports which helped the management for reviewing the progress of the company
- Handled Accounting and Audit till Finalization of the company along with a team of 4 executive members
- Managed Statutory and Internal Audit and Co-ordinated with the Auditors from KPMG to finalize the Books of Accounts
- Set up SOP for Managing Payables and Reconciliation of monthly basis for streamlining the process
- On-Boarded the Insurance Company with best in class features which benefited the Employees and the Organisations as a whole
Sr. Accounts Executive
KAWACHI GROUP
02.2015 - 10.2015
- Handled Accounting till Finalization of the company along with a team of 2 executive members
- Managed Receivables by co-ordinating and maintaining cordial relation with the clients on regular basis to reduce the overdue ageing
- Co-ordinating with the company Auditors and finalizing the books of Ay2015-16
Articled Assistant
KAUSHIK GANDHI & ASSOCIATES
09.2012 - 08.2014
- Demonstrated abilities in completing audit assignments within time budgets and calendar schedules
- A year experience being member of and handling Internal Audit of “Gemological Institute of America” (GIA)
- Maintained Books of Accounts for various clients including filing of TDS and VAT returns
- Handled Annual Filing of various Companies also Filing of various E-Forms with Ministry of Corporate Affairs
- Developing and maintaining cordial relationship with functional heads on all audit issues and at client’s office and ensuring the work process goes smooth all through and also maintaining healthy relationship with other client and staff
Accounts & Articled Assistant
RAWANI & COMPANY
01.2010 - 08.2012
- Demonstrated abilities in completing audit assignments within time budgets and calendar schedules
- Maintained Books of Accounts for various clients including filing of TDS and VAT returns
- Handled Annual Filing of various Companies also Filing of various E-Forms with Ministry of Corporate Affairs
Education
IPCC -
Institute of Chartered Accountants of India
05.2012
CS Executive - undefined
Institute of Company Secretaries of India
06.2012
BCOM - Accounts
K.P.B Hinduja College of Commerce
03.2007
Skills
- Financial MIS Reporting
- Finalization of Accounts
- Operational Reporting
- Budgeting & Variance Reporting
- Payables Management
- Client/Vendor Account Management
- Team Management
- Ecommerce Operations
- Warehouse Management
- Stock Audit
Variance analysis
Credit analysis
Cash flow management
Project finance
Payroll management
Tax compliance
Financial strategy management
Corporate strategic planning
Internal control management
Corporate finance
Financial planning
Financial statement review
Expense control
Expenditure review
Timeline
Finance Controller
Foxtrot Beverages Pvt Ltd
09.2022 - Current
Assistant Manager – Finance and Commercial
Synergy (India) Marketing Pvt Ltd
02.2021 - 08.2022
Assistant Manager – Finance
Softsens Consumer Products Pvt Ltd
11.2020 - 01.2021
Sr. Executive – Finance and Operations
CELLO WORLD PVT LTD. (CELLO GROUP)
02.2017 - 07.2020
Sr. Finance Executive
CRAFTSVILLA HANDICRAFTS PVT LTD.
10.2015 - 02.2017
Sr. Accounts Executive
KAWACHI GROUP
02.2015 - 10.2015
Articled Assistant
KAUSHIK GANDHI & ASSOCIATES
09.2012 - 08.2014
Accounts & Articled Assistant
RAWANI & COMPANY
01.2010 - 08.2012
CS Executive - undefined
Institute of Company Secretaries of India
BCOM - Accounts
K.P.B Hinduja College of Commerce
IPCC -
Institute of Chartered Accountants of India
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