Nazim Abbas Hasolkar
Thane
Summary
Dynamic Senior Process Associate at Clariant India Limited with expertise in contract negotiation and vendor management. Proven track record in optimizing purchase order processing and achieving significant cost savings. Skilled in SAP MM and adept at problem-solving, ensuring compliance and accuracy in financial operations. Committed to fostering strong supplier relationships and enhancing operational efficiency.
Overview
16
16
years of professional experience
Work History
Senior Process Associate (Global Business Service)
CLARIANT INDIA LIMITED
Mumbai
03.2020 - Current
- Applied well-developed communication, interpersonal, and collaboration skills to build effective working relationships with vendors and partners.
- Added new vendors and products into the system, and keyed in special shipping codes when needed.
- Prepared purchase orders and sent them to distributors and suppliers.
- Negotiated contracts with suppliers to secure advantageous terms.
- Ensured that all purchases are made according to company policies and procedures.
- Prepared purchase orders, requisitions, and other documents related to purchasing activities.
- Coordinate with finance and accounting to ensure timely payments to suppliers.
- Monitored supplier compliance with contractual requirements.
- Worked with operation managers to develop consistent service levels across locations.
- Reviewed and approved vendor invoices.
- Analyzed past spending data to identify areas where savings could be achieved.
- Negotiated with suppliers regarding quality, price, delivery terms, and payment terms.
- Researched new sources for supplies when necessary.
- Investigated and analyzed client complaints to identify and resolve issues.
- Assessed purchase orders, contracts, and payments for goods and services for review committee.
- Coordinate with internal stakeholders to ensure the timely delivery of products and services.
- Maintained accurate records of all purchases, invoices, and payments.
- Managing & handling monthly BU calls to present monthly reports and capture sustainability for future.
Account Executive
CRISIL - (Credit Rating Information Services of India Ltd.)
Mumbai
10.2019 - 02.2020
- Create and take action on month-end accounts payable reports.
- Receive invoices, perform necessary validations, and execute transactions on time.
- Handles all vendor correspondence via phone or email.
- Reconciling processed work by verifying entries and comparing system reports to balances.
- Coordinate with the Tax Team for various TDS sections and GST compliances.
- Maintain vendor aging reports.
- Check and validate invoices with their TDS applicability and GST on them according to the services mentioned on the purchase order/work order.
- Investigates and resolves problems associated with the processing of invoices and POs.
- Maintaining and verifying the OPE and billable cost to raise the bill to the clients.
- Preparing and monitoring Open Advances (Capex, Opex, and Petty Cash) on a monthly basis, and strong follow-up with the respective department for settlement.
- Performs other duties as required to support the Accounting Department and Tax Team.
Sr. Account Executive
INTELENT GLOBAL SERVICE
Thane
11.2017 - 09.2019
- Accounting for Star India Pvt
- Ltd
- Maintain Daily Basis Entries in System SAP
- Check proper Value and Slabs of GST for Different Supplier
- Compliances of Tax applicability with his services
- Keep track on various types of TDS percentage for both Companies and non-companies
- Check proper value of invoice and GST rate on it as per Inter State and Intra State supplies
- Coordinating with client for various types of issues regarding invoice
- Maintain proper accuracy in compliances regarding any aspects
- Segregates the invoices in system according to expenses and Department
- Allocation of Data for various supplier various types of treatment of invoice
Sr. Account Executive
AL-YAMAMA GROUP (For Trading and Contracting)
Dammam
02.2012 - 01.2017
- Composed effective accounting reports summarizing Accounts payable data
- Checks bank reconciliations prepared by subordinates
- Posted receipts to appropriate general ledger accounts
- Monitored payments due from clients and promptly contacted clients with past due payments
- Reconciled discrepancies between accounts receivable general ledger account
- Researched and resolved accounts payable discrepancies
- Balanced monthly general ledger accounts to accurately record cost and month end accruals
- Check, Audit & Approve 40 to 50 invoices each day into the in-house accounting software
- Preparation & release of Purchase orders with using their appropriate T Code
- Maintain & Update Vendor in Vendor Master in SAP
- Created daily and weekly cash reports for accounting management
- Reconciled vendor statements and handled payment complaints or discrepancies
- Reviewed all expense reports for accuracy and proper expense disclosure
- Supervised Debtors and Creditors Reconciliation on monthly basis
- Maintained 99% accuracy in Daily Accounting Entries & Auditing
- Handling suppliers regarding their payments
Account Executive
AURA SOLUTIONS
Mumbai
08.2009 - 12.2011
- Day to day data entry, voucher creation, month end processing, Monthly/annual reconciliation of various accounts activities
- Maintaining the record for client and filling the income tax return for them with the help of supporting document provided by client
- Preserve financial accounts for the clients (onsite/offsite)
- Calculation of Tax Liabilities and filing of TDS Return (Individual)
- Bank Reconciliation of various banks on Daily / Weekly basis
- Debtors and Creditors Reconciliation on monthly basis
- Statutory work which includes Service Tax, VAT, T.D.S
- And Profession Tax
- Calculation of Service Tax, VAT, and T.D.S, Professional Tax, Provident Fund, for monthly Payment to the government before the due date if any
- Calculation total income of Individual, Business and profession, house property and finalization of accounts etc
Education
Bachelor's - Accounting & Finance
Joshi Bedekar College of Arts & Commerce
ThaneDirect Tax Certificate Course -
Mumbai University
GST Certificate Course -
Mumbai University
Skills
- Problem-solving
- Microsoft office
- Contract negotiation
- Accounts payable
- Invoice validation
- Purchase order processing
- Vendor management
- SAP MM
- Invoice processing
- Purchase order creation
- SAP usage
- Bank reconciliation
Accomplishments
- Employee of the Month, 10/01/16, Al Yamama Group of Companies
- Certificate of Recognition, 07/01/18, Intelent Global Service, Best Performer in Qtr. 3 July 18 to Sep 18 (By Star TV in AP Process)
- SPOT Award, 06/01/22, Clariant India Limited, Handle & Manage Mess-up content in Bank Sub ledger
- Certificate of Appreciation, 04/01/23, Clariant India Limited, Q2 2023
- Best Performer, 10/01/23, Clariant India Limited, Q3 2023
Personal Information
- Date of Birth: 04/07/89
- Gender: Male
Languages
- English
- Hindi
- Marathi
- Urdu
- Arabic
Hobbies and Interests
- Photography
- Playing cricket
- Listening to music
Disclaimer
I hereby declare that the above information is true to the best of my knowledge.
Father's Name
Abbas Hasolkar
Personal Strength
Have the motivation to take independent responsibility as well as ability to contribute and be a productive employee.
Languages
English
First Language
Arabic
Beginner (A1)
A1
Hindi
Intermediate (B1)
B1
Urdu
Intermediate (B1)
B1
Timeline
Senior Process Associate (Global Business Service)
CLARIANT INDIA LIMITED
03.2020 - Current
Account Executive
CRISIL - (Credit Rating Information Services of India Ltd.)
10.2019 - 02.2020
Sr. Account Executive
INTELENT GLOBAL SERVICE
11.2017 - 09.2019
Sr. Account Executive
AL-YAMAMA GROUP (For Trading and Contracting)
02.2012 - 01.2017
Account Executive
AURA SOLUTIONS
08.2009 - 12.2011
Bachelor's - Accounting & Finance
Joshi Bedekar College of Arts & Commerce
Direct Tax Certificate Course -
Mumbai University
GST Certificate Course -
Mumbai University
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