Summary
Overview
Work History
Education
Skills
Certification
Personalstrength
Personal Information
Timeline
Generic
Mayur Sawant

Mayur Sawant

Wadala

Summary

To pursue a challenging position in a competitive and professional organization where my knowledge and experience can be explored for the mutual benefit of both the company and my growth.

Overview

14
14
years of professional experience
1
1
Certification
1
1
Language

Work History

Senior Executive – Treasury

Network Solutions and Consulting Private Limited (Group of NSC Global Ltd)
5 2023 - Current
  • Treasury: Preparing & Monitoring cash flow report for the cash position and forecast funds required for numerous expenses & bank accounts are adequately funded for business
  • Processing and funding for employee salaries across the group
  • Processing the 36 plus countries employee salary payment
  • Co-ordinating with the tax team for timely & accurate tax payments for UK, USA, APAC & European countries
  • Processing payments on different banking platforms like Barclays bank, Citi bank, JP Morgan Chase, HSBC bank etc
  • And posting all bank transactions across the group in Navision
  • Processing the intercompany transactions in bank if required
  • Effective tracking of monthly intercompany payables/receivables transactions & accounting of the intercompany transaction
  • Taking borrowing / investments decisions within the policy framework under guidance of superiors
  • Short-term funding/Placing an RCF loan request to support business
  • Placing “Money Market” funds request on the surplus bank balances and earning interest
  • Reconciling the bank accounts across the group and bank statement filing
  • Preparing the daily collection report & working closely with the Account Receivable team for cash applications
  • Preparing daily bank balances, 12-week forecast & Actual vs forecast variances report
  • Issuing Bank Guarantees & LCs to the customer
  • Maintaining records of expired & renewed bank guarantees
  • Co-ordinating with the banking partner’s & internal legal team for opening/closing bank accounts, authorizing signatory addition /deletion, compliances requests and user profile set-up on different banking platforms
  • The Opportunity of being a part of the new project of migrating different payment platforms like Virtual Credit Card (VCA), Billhop Card and Precision pay in to NSC
  • Uploading payments on different credit cards/prepaid cards portals & reconciliation of statements.

Treasury Coordinator

Enchanting Travels Pvt Ltd. (Group of Travelopia)
12.2022 - 05.2023
  • Preparing & Monitoring cash flow report for the cash position and forecast funds required for numerous expenses & bank accounts are adequately funded for business
  • Updating the banking Masterfile on a weekly basis, with the new week bank account opening balances/prior week closing balances, along with any outstanding payments, pending outgoing cheques, etc
  • Conducting the weekly bank account position analysis, including actual vs forecast variances on the individual bank account level
  • Managing & processing vendor, salary, tax, intercompany, customer refund payments on online banking platforms worldwide
  • This also includes ensuring the right levels of cash balances across bank accounts
  • Co-ordinating the weekly and biweekly funding across the division
  • Co-ordinating and ensuring the availability of bank payment authorizers
  • This is achieved by producing a monthly payment authorization schedule
  • Managing card chargebacks across the division
  • Administration/management of corporate & prepaid cards across the division
  • Uploading of the FX rates into the reports & company booking reservation system.

Senior Executive - Treasury

Network Solutions and Consulting Private Limited (Group of NSC Global Ltd)
04.2017 - 12.2022
  • Preparing & Monitoring cash flow report for the cash position and forecast funds required for numerous expenses & bank accounts are adequately funded for business
  • Processing and funding for employee salaries across the group
  • Processing the 36 plus countries employee salary payment
  • Co-ordinating with the tax team for timely & accurate tax payments for EMEA, APAC & European countries
  • Processing payments on different banking platforms like Barclays bank, Citi bank, JP Morgan Chase, HSBC bank etc
  • And posting all bank transactions across the group in Navision
  • Processing the intercompany transactions in bank if required
  • Effective tracking of monthly intercompany payables/receivables transactions & accounting of the intercompany transaction
  • Taking borrowing / investments decisions within the policy framework under guidance of superiors
  • Short-term funding/Placing an RCF loan request to support business
  • Placing Money Market funds request on the surplus bank balances and earning interest
  • Reconciling the bank accounts across the group and bank statement filing
  • Preparing the daily collection report & closely working with the Account Receivable team for cash applications
  • Co-ordinating with the banking partner’s & internal legal team for opening/closing bank accounts, authorizing signatory addition /deletion, compliances requests and user profile set-up on different banking platforms
  • Taking monthly review meetings with the different banking partners for the bank charges & taking the action for Reduction of bank charges as part of saving costs.

Executive Vendor Administration & Ordering

ISS FACILITY SERVICES
08.2014 - 03.2017
  • Bank Reconciliation / Preparation & Analysis of cash flow statement for all bank accounts
  • Monitoring cash flow for reviewing the cash position and forecast funds required for numerous expenses
  • Employee Provident fund: Taking the Employee Provident fund investments decisions within the policy framework under guidance of superiors
  • Placing fixed deposit funds on the surplus bank balances and earning interest
  • Processing intercompany transfers in case of deficit in different accounts and Planning, Processing and funding for all ISS employee salaries across all entities
  • Managing payment to vendor and vendor reconciliation
  • Uploading payments files in various bank portal for NEFT/ RTGS purpose
  • Entries of Payments transactions / Journal in Navision Software
  • Executing Bank Settlements Process incl
  • Loading, validation, uploading approved payments, supplying proof of payments to the businesses followed by investigation of failed payments
  • Foreign Exchange: Co-ordination with vendors regarding foreign currency, arranging foreign currency for international travel of employees
  • Co-ordinating with the bank relationship manager & internal legal team for documentation to opening/closing bank accounts, authorize signatory’s addition and deletion and user profile set-up
  • Preparing Finance MIS & forecast v/s actual payments reports, Cash imprest data & balance confirmation
  • Solving Internal Audit queries implementing with their suggestions periodically and under the guidance of superiors

Account Executive

PANORAMIC HOLIDAYS LTD. (Division of Panoramic groups of Companies)
07.2012 - 08.2014
  • Accounts Payable-Vendors Payment Processing-Booking of invoices (Administrative Expenses, Fixed Assets capitalization, TDS booking as per provision of Income Tax Act), JV’s
  • Preparation of Cheque, request for NEFT/RTGS for payments & distribution of cheques to vendors
  • Coordination with different departments (Admin/purchase/projects/HR/MRD/Banking) for payments
  • Handling petty cash as per company policy
  • Processing of employee expense claims vouchers: Checking claims for accuracy and compliance with company HR policy, processing and payment of claims
  • Accounts Receivable-Handling Cash/Cheque/Credit Card/ECS inward collection & deposits in bank
  • Passing collection entries & records for Debtors/Members & Adjustment entries
  • Calculation of commission/incentives for qualified sale & marketing staff on a monthly basis
  • Preparation of monthly Bank Reconciliations Statement
  • Preparation of monthly MIS report
  • Solving Internal Audit queries implementing with their suggestions periodically and under the guidance of superiors
  • Checking & Preparation of Reports – Sales Report, DCR Reports.

Accounts Executive

SHREE SAI ENTERPRISES
05.2010 - 06.2012
  • Updating daily Sales transaction
  • Feeding purchase transaction
  • Preparing vouchers and updating
  • Making cheques for the party and updating voucher entry
  • Handling petty cash
  • Import Costing
  • Preparing outstanding list of the Debtor
  • Making payment follow-up
  • Preparing stock statement
  • Debtor & Creditor scrutiny.

Education

PGDFM -

Mumbai University

B.COM - undefined

Mumbai University

H.S.C - undefined

Maharashtra Board

S.S.C - undefined

Maharashtra Board

Skills

Basic Computer Course, Competent in using Microsoft Word, Excel, Internet, Tally 90 (ERP)undefined

Certification

I hereby certify that the above information is true and correct to the best of my knowledge.

Personalstrength

Hard working, Positive attitude towards work, Sound Technical Knowledge, Team player.

Personal Information

  • Date of Birth: 10/04/1989
  • Marital Status: Married

Timeline

Treasury Coordinator

Enchanting Travels Pvt Ltd. (Group of Travelopia)
12.2022 - 05.2023

Senior Executive - Treasury

Network Solutions and Consulting Private Limited (Group of NSC Global Ltd)
04.2017 - 12.2022

Executive Vendor Administration & Ordering

ISS FACILITY SERVICES
08.2014 - 03.2017

Account Executive

PANORAMIC HOLIDAYS LTD. (Division of Panoramic groups of Companies)
07.2012 - 08.2014

Accounts Executive

SHREE SAI ENTERPRISES
05.2010 - 06.2012

Senior Executive – Treasury

Network Solutions and Consulting Private Limited (Group of NSC Global Ltd)
5 2023 - Current

PGDFM -

Mumbai University

B.COM - undefined

Mumbai University

H.S.C - undefined

Maharashtra Board

S.S.C - undefined

Maharashtra Board

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Mayur Sawant