Naveen Kumar MS
Bangalore
Summary
Dynamic and detail-oriented Finance Manager with over 11 years of experience in budgeting, forecasting, financial analysis, and reporting. Proven track record of driving financial performance, optimizing costs, and supporting business growth. Expertise in MIS reporting, payroll, accounts payable, accounts receivable, and statutory compliance, including GST, TDS, PF, PT, and ESI.
Overview
12
12
years of professional experience
Work History
Finance Manager
CEPTES Software Pvt Ltd
Bangalore
07.2022 - Current
- Oversaw and managed end-to-end processes for accounts receivable, accounts payable, and the general ledger.
- Ensured accurate and timely closure of monthly, quarterly, and annual financials, managing month-end closing, audits, and variance analysis as core responsibilities.
- Prepared MIS reports for monthly, quarterly, and half-yearly meetings for management review and decision-making. Also prepared resource-wise and project-wise ROI to assess profitability and margin.
- Communicated with department heads and stakeholders regarding invoicing, and provided the necessary data to facilitate decision-making.
- Provided timely updates to the CEO and CFO on financial performance and forecasts.
- Analyzed expenses, and identified opportunities for cost reduction, regularly informing management of potential savings.
- Effectively managed cash flow and working capital by monitoring inflows and outflows, ensuring optimal utilization of funds, and maintaining sufficient liquidity for operational requirements.
- Ensured timely invoicing based on timesheets and agreements, and managed prompt collections from customers.
- Reviewed customer agreements/SOWs, comparing revenue and overall employee costs for the project to assess the gross margin and profitability.
- Assessed the potential profitability of new projects by analyzing margins after considering employee costs, and all overheads.
- Ensured timely payments to vendors, and consultants after thorough review.
- Managed timely payment and filing of GST, TDS, PF, ESI, PT, and all annual filings, including GSTR 9 and 9C, along with all labor-related and MCA-related filings.
- Coordinated with auditors to ensure the timely completion of statutory, tax, and transfer pricing audits.
- Coordinated with the company secretary to provide all necessary information for compliance and governance.
- Handled due diligence (DD) for investors, ensuring all financial information and documentation were accurate and complete.
- Handled foreign Overseas Direct Investment (ODI) for the company and individuals.
- Coordinated with the bank regarding the overdraft (OD) facility and other company requirements, while maintaining strong banking relationships.
- Managed financial operations for subsidiaries in the U.S. and Dubai, including all related-party transactions.
- Acted as the primary point of contact for the CEO and CFO for all work-related inquiries and information.
Accounts Manager
Intellistride Technologies Pvt Ltd
05.2019 - 07.2022
- Daily accounting and maintenance of books
- Banking transactions and reconciliations including foreign exchange remittances
- Sales accounting, invoicing and sundry debtors
- Purchase accounting, PO’s and sundry creditors
- GST compliance, reconciliations, accounting and returns
- TDS calculations, payments and reruns
- Statutory payments and returns under company law
- Accounts finalization, provisioning and P&L, Balance Sheet etc including audit management
- Booking of delivery notes and sales invoices
- Booking of bank receipts and bank payments
- Preparing debit notes and credit notes
- Daily reconciliations of main bank accounts
- Review provision for expenses
- Passing of journal entries for yearly closing purposes, and dealing with auditors for finalization of accounts
- Maintenance of fixed asset register and depreciation calculations, and passing appropriate entries
- Inventory management under FIFO method. Checking and verification of stock register on monthly basis
- Handling of all employees and consultants travel expense reimbursement and payments
- Reporting to the Managing Director and CEO on various matters/issues
- Responsible for General Ledger Function (Scrutinizing & reconciliation of all ledger accounts, passing rectification JE and reversal JE’s etc)
- Ensure Timely and Monthly book closures and consolidated financial reporting for the management review
- Handling foreign remittances, dealing with banks and preparation of all the correspondence letters for payments
- Handling foreign import, custom duty and freight payment.
- Processing payroll, statutory deductions like PF, PT and TDS payments and returns
- Preparing cash flow statement every week with actual and projected inflows and outflows for the management review and decisions
Senior Accountant
Scarlet Wireless India Pvt. Ltd
04.2015 - 02.2019
- Updating day to day business transactions in Tally.
- Updating bank transactions in Tally and reconciling various accounts like bank, loan, vendors, customers etc. On a monthly basis.
- Handling accounts independently which involved preparation of Trial Balance, Profit & Loss account and Balance sheet.
- Accounts Receivable (AR) Management – Creating and submitting invoices to customers. Track aging and follow-up reminders with customers for payments. Reconciling customer payments against invoices
- Accounts Payable (AP) Management – creating purchase orders and entering bills. Making bill payments and reconciling vendor statements.
- Processed payroll for over 100 employees through Greythr payroll software.
- Month-end activities; consist of month-end JEs, Prepaid, Depreciation, Loans and Accruals
- Handled all Compliances returns, payments and calculations (GST, TDS, PF, PT and ESI)
- Preparing monthly MIS reports to a corporate team and to management
- Visiting Banks, Govt Departments and preparation of all the correspondence letters for payments/receipts
Senior Finance Analyst
Graphx India Solutions Pvt. Ltd
05.2014 - 04.2015
- Handling Accounts Payable, Bills and Bills Payments
- Creating invoices and receiving customer payments.
- Reconciliation of credit cards, cash and bank
- Preparing weekly and monthly QB payroll checks
- Updating bank transactions in QuickBooks through importing option
- Posting all the corresponding journal entries in QB
- Review financials every month with client
Process Associate in F&A Department
ACS, A Xerox Company
01.2013 - 05.2014
- Invoice Posting – Efficiently processed all vendor invoices and maintain up-to-date in system
- Quality Check – Cross verifying invoices with PO like bank details, address, quantity and material description
- Discrepant invoices – Resolving the holds for the problematic invoices and releasing for the payment
- Customer Service – Worked on queries raised by vendors
- Adjustments Team – Created manual entries which includes (Clearing, Correction Entries)
- Matching invoices with POs
- Interact with vendors for the queries and questions.
Education
MBA - Finance
PES College of Engineering
Mandya01.2011
BBM - Finance
Mandavya College
Mandya01.2009
PUC -
Krishnaraja College
KR Pete01.2006
SSLC -
Govt School
01.2004
Skills
- QuickBooks
- Zoho Books
- Greythr Payroll Software
- Tally-72
- MS Office
- MS Word
- MS Excel
- MS PowerPoint
- MS Dynamic 365
Hobbies and Interests
- Playing Cricket
- Listening to music
- Watching movies
- Travelling
Disclaimer
I hereby declare that the above written particulars are true to the best of my knowledge and assuring utmost faithfulness and dedication in work assigned, if selected.
Languages
- English
- Kannada
Personal Information
- Date of Birth: 07/10/88
- Gender: Male
- Nationality: Indian
- Marital Status: Married
Timeline
Finance Manager
CEPTES Software Pvt Ltd
07.2022 - Current
Accounts Manager
Intellistride Technologies Pvt Ltd
05.2019 - 07.2022
Senior Accountant
Scarlet Wireless India Pvt. Ltd
04.2015 - 02.2019
Senior Finance Analyst
Graphx India Solutions Pvt. Ltd
05.2014 - 04.2015
Process Associate in F&A Department
ACS, A Xerox Company
01.2013 - 05.2014
MBA - Finance
PES College of Engineering
BBM - Finance
Mandavya College
PUC -
Krishnaraja College
SSLC -
Govt School
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