Summary
Overview
Work History
Education
Skills
Languages
Hobbies
References
Timeline
Generic

Nitesh Bahety

Kolkata

Summary

Ambitious finance manager with extensive experience streamlining processes and driving productivity through automation. Proven track record of delivering accurate reporting and insightful analysis. Skilled in mentoring, leading high-performing teams, and making decisive decisions.

Overview

12
12
years of professional experience

Work History

Deputy Manager of Finance

WIPRO Ltd
Kolkata
01.2024 - Current
  • Analyzed financial data to identify trends in revenue and expense performance.
  • Monitored accounts receivable collections activities and prepared aging analysis reports.
  • Managed cash flow forecasting process to ensure adequate liquidity for operations.
  • Conducted periodic reviews of all general ledger accounts to ensure accuracy of information reported.
  • Performed month-end close activities such as journal entries, reconciliations., ensuring timely completion of tasks within established deadlines.
  • Prepared and finalized monthly and annual financial statements.
  • Conducted thorough ledger reviews and reconciliations before account closures.
  • Prepared and submitted compliance reports to regulatory bodies and management.
  • Assisted in internal and external audits with necessary documentation.
  • Collaborated with cross-functional teams for accurate financial reporting.
  • Communicated effectively with stakeholders to address inquiries and updates.
  • Worked on Oracle, Blackline, and TM1 software.

Senior Accounts Officer

Bharat Vanijya Eastern Private Limited
Kolkata
04.2021 - 12.2023
  • Preparation and finalization of the annual accounts.
  • Preparation and finalization of the quarterly accounts for the board of directors.
  • Conducted internal audits on accounting processes and procedures to identify areas for improvement.
  • Statutory compliances in relation to income tax, GST, and MCA.
  • Liaising with the statutory auditor, cost auditor, company secretary, banks, and credit rating agency.
  • Handling the banking consortium members in relation to the current banking limits and other compliances.
  • Overview of the running site accounts and guiding the site accounts team to provide a true and fair view of the project's performance.
  • Drafting and finalization of the contract agreement with the principal contractors, and overview of the contract terms during the period of the project.
  • Analyzed customer payment plans and credit limits, and maintained records of customer account activity.
  • Monitored cash flow, budgeting, and forecasting activities to ensure accurate financial reporting.

Associate Analyst

ICRA Limited
Kolkata
02.2019 - 03.2021
  • Bank loan ratings of various organizations in the fields of steel, education, rice mills, transportation, hospitals, trading, specialty chemicals, and manufacturing companies.
  • Conducted research on industry trends, market conditions, and competitors' activities.
  • Analyzed complex data sets to identify patterns and relationships in the data.
  • Drafted presentations summarizing findings from research and analysis.
  • Created reports highlighting key metrics related to performance objectives.
  • Preparation of the forecasted financials for the purpose of analysis.
  • Interaction with the stakeholders of the company, such as auditors, bankers, and management of the company, for the purpose of better understanding the business.
  • Research work for the annual and quarterly research papers released by the company.

Audit Executive

S. Bhalotia & Associates
Kolkata
10.2017 - 01.2019
  • Conducted financial audits of companies and organizations to ensure accuracy of reported financial information.
  • Developed audit plans based on client needs, risk assessment and regulatory requirements.
  • Reviewed internal controls for compliance with applicable laws and regulations.
  • Prepared reports detailing audit findings, observations and recommendations.
  • Analyzed financial statements, ledgers, journals and other records to identify discrepancies in reporting or operations.
  • Participated in meetings with clients to discuss audit results and answer questions related to audit procedures.
  • Performed special investigations into suspected fraudulent activities or irregularities identified during the course of audits.
  • Finalization of the statutory audit, tax audit, internal audit, and management audit.
  • Statutory compliances done for companies in relation to income tax, GST, and MCA.
  • Assisted in TDS audit done by the Income Tax department for one of the clients.

Consultant - Corporate Taxation

Ernst & Young LLP
Hyderabad
03.2017 - 08.2017
  • Preparation of submission to be filed with Assessing officer, Dispute resolution panel, and Commissioner of Income Tax, Income Tax Appellate Tribunal.
  • Preparation of various advisory notes in relation to the applicability of the Income tax law on various kinds of transactions.
  • Handled project in relation to digitization of the pending litigation on EY's proprietary software for Microsoft India.

Articled Assistant and Audit Assistant

K.L. Singhee & Co.
Kolkata
10.2012 - 10.2016
  • Completed Articleship here and assisted as audit assistant later on in Statutory Audit, Tax Audit etc

Education

Chartered Accountant - Finance

Institute of Chartered Accountants of India
Kolkata
11-2016

Company Secretary - Company Secretary

Institute of Company Secretary of India
Kolkata
06-2016

B.Com (Hons) - Finance

St. Xavier's College
Kolkata
06-2014

Skills

  • Financial statement preparation
  • Cash Flow Management
  • Variance Analysis
  • Financial Forecasting
  • Financial Data Analysis
  • Stakeholder Management
  • Departmental oversight

Languages

Hindi
First Language
English
Advanced (C1)
C1
Marwari
Advanced (C1)
C1
Marathi
Intermediate (B1)
B1

Hobbies

  • Badminton
  • Chess
  • Swimming
  • Movies

References

References available upon request.

Timeline

Deputy Manager of Finance

WIPRO Ltd
01.2024 - Current

Senior Accounts Officer

Bharat Vanijya Eastern Private Limited
04.2021 - 12.2023

Associate Analyst

ICRA Limited
02.2019 - 03.2021

Audit Executive

S. Bhalotia & Associates
10.2017 - 01.2019

Consultant - Corporate Taxation

Ernst & Young LLP
03.2017 - 08.2017

Articled Assistant and Audit Assistant

K.L. Singhee & Co.
10.2012 - 10.2016

Chartered Accountant - Finance

Institute of Chartered Accountants of India

Company Secretary - Company Secretary

Institute of Company Secretary of India

B.Com (Hons) - Finance

St. Xavier's College

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