NITIN SHARMA
Laxmi Nagar New Delhi
Summary
Versatile Assistant Finance Manger over 9+years of experience increasing productivity adept in Accounting & Financial Operation Process Accounts Payable & Receivable, Financial Reporting & Analysis, Audit support, Month End Closing activity, Account reconciliations and collections. monitoring controls and completing closings. Highly detail-oriented, proactive and diligent.
Overview
10
10
years of professional experience
Work History
Assistant Manager Finance
Pinelabs Pvt. Ltd.
NOIDA
11.2022 - Current
- Assist in the timely and accurate month-end accounting close process.
- Oversee accounting procedures to ensure compliance with regulations
- Settlement to merchants according to settlement cycle i.e T+1, T+2 and T+3
- Manage the end-to-end process of receiving, reviewing, coding, and processing vendor invoices for payment.
- Booking for Expense Provisions and actualization of provision with actual expense
- Working on Supplier /Vendor /Customer advances recons with Ageing, and knocking off Invoicing
- Maintaining All vendors & Customers balance outstanding tracker with Ageing and follow up for recovery.
- Intercompany reconciliation for matching total receivable, payable and other cross charges.
- Preparing Merchant level closing balances and reconciling it with each merchant on month end.
- Ensure timely process of Credit Notes to customers.
- Ensure Timely collection of money from Customers.
- Preparing the Bank Reconciliation & finalization the Bank Reconciliation and share with the specific issuer bank and taking follow-up for the Debit notes
- Preparing MIS report related with working of merchant related billing
- Build and maintain strong relationships with vendors, responding to inquiries, resolving payment-related issues, and negotiating favorable payment terms when necessary
- Assist with internal and external audits by providing documentation, responding to inquiries, and facilitating audit procedures
- Ensure compliance with relevant accounting standards, tax regulations, and internal controls related to accounts payable operations.
- Prepare and analyze Accounts payable & Accounts Receivables report aging summaries etc.
- Customers ledger balance confirmation and reconciliation.
- Ensure compliances of GST, TDS & others Taxes with respect to Accounts payable & Accounts Receivables
- New customer creation & billing for Malaysia entity
- POS status mapping data working from monthly basis.
- Working on new order related with merchant.
Senior Finance Associate / Team Lead
One97 Communication Ltd. (Paytm Noida)
NOIDA
05.2021 - 11.2022
- Excellent knowledge of R2R process
- Good knowledge of Business Finance process
- Management reporting: project review reporting, Revenue reporting, cost analysis report
- Journal Entries Creation and Booking in company's book revenue entry posting at Month end
- Release refund to customer / Merchants as per policy
- Analyze AR and AP ageing, Bad debt, profitability, and other key financial metrics and draw insights
- Participation month/quarter/year-end closing procedures, including accounting for journal entries, consolidation, reconciliation, group reporting
- Bank Investment Reconciliations & General Ledger Reconciliations
- Processing of PO / NON-PO Invoices and Billing Activities Prepare billing data for to billing team
- So Creation & Invoice processing & Perform Payment Runs
- Handle incoming queries & invoice processing
- Handling Escalation of merchant regarding Invoice & payment on MHD (Merchant Helpdesk)
- Assist in development and design of financial reports
- Support to Internal and External Audit Team
- Prepare of Audit Schedule
- Generate and extract key financial data and reports from financial data systems such as Sales force Subscription Engine, UMP panel People soft OE panel etc
- Streamlined financial processes by implementing new accounting software and reducing manual tasks
- Provided financial reports and interpreted financial information to managerial staff while recommending further courses of action.
Sr Finance Associate
Paytm Ecommerce Pvt Ltd. (Paytm Noida)
NOIDA
08.2017 - 04.2021
- Ensure all payment are processed in system according to Payment Process System
- Keeping track of all payments and expenditures, including payroll, purchase orders, invoices, statements Etc
- Reconciling processed work by verifying entries and comparing system reports to balances
- Reconcile payable reports each month to confirm that all amounts paid were accurate
- Paying vendors by scheduling pay checks and ensuring payment is received for outstanding credit; generally responding to all vendor enquiries regarding finance
- Preparing analyses of accounts and producing monthly reports
- Monitor all vendor payment agreements to find discounts that can be used to reduce invoice amounts
- Continuing to improve payment process
- Maintaining expense schedule and ensure timely payment to vendors
- Responsible for management of specific entities' AP ledgers
- Leading and assisting in quarterly audits of Paytmmall (MKPL) with E&Y
- Preparing various audit schedules until financials are reviewed and signed
- Making daily payouts of merchant of Paytmmall
- Bank verification of merchants and Update same In Sap (MKPL & OCL)
- Maintaining COD receipt in PG bank account
- Maintaining data for unpaid merchants on regular basis
- COD & PG Reconciliation
- Maintaining data for hold payout.
Finance Executive
Safexpress Pvt Ltd. (Delhi)
NOIDA
06.2015 - 08.2017
- Handle All Vendor / Merchants management & Vendor creation with the specific details
- Process payment of Vendors / Merchants with provided TAT
- Payment processing UTR updating and various timely on Dashboards
- Reconciles transactions by comparing and correcting data
- Queries & Ensure Solution to Merchants or vendors
- Maintains databases by entering, verifying, and backing up data
- Prepares reports and projections based on analyses
- Increases productivity by developing automated accounting applications and coordinating information requirements and Set off process and system automation
- Conduct ad-hoc financial analysis on own initiative or at request of senior management
- Support team objectives for process improvement and implementing efficiencies
- Recognized by the Finance Controller for excellent work done on Vendor Reconciliation for preparing one Master Sheet.
Accounts Assistant
KAPINDER TIWARI & COMPANY (A CHARTED FIRM)
NOIDA
10.2014 - 06.2015
- All Accounts related task like posting journal entries checking general ledger and trail balance
- Process payment of Vendors / Merchants with provided ROC filling and Income tax filing
- Computation of service tax Vat Etc
- Handle client database and handle queries and support them
- Preparation of Payment and Refund related firm
- Effectively communicated with clients about payment needs and kept updated, detailed and accurate ledgers
- Maintained accurate and complete documentation to facilitate accounting and filing functions.
Education
MBA - Finance & Marketing
Venkateshwara Open University - Open Learning
02.2018
Master of Commerce - Accounts & Law
Dr. B.R.A University Agra
07.2011
Bachelor of commerce - Accounts & Law
DR B.R.A University Agra
06.2009
Skills
- Accounts Payable
- Accounts Receivable
- General Ledger
- Accounting operations
- Account Reconciliation
- Billing Finalization
- Basics Power BI knowledge
- Revenue recognition
- Revenue Finalization
- Vendor Invoice Management
- Advance Excel,MS Access Word, PP
- Oracle ERP 12
- SAP FICO/ S/4 HANA
- Microsoft Dynamics NAV
- GAAP knowledge
- Bank Reconciliation
- Management Reporting
- PeopleSoft knowledge
- Audit Coordination
- Effective Communication
E Mail
nitinrocks51@gmail.com
Personal Information
- Date of Birth: 05/29/1988
- Gender: Male
- Nationality: Indian
- Marital Status: Married
Languages
- English
- Hindi
Timeline
Assistant Manager Finance
Pinelabs Pvt. Ltd.
11.2022 - Current
Senior Finance Associate / Team Lead
One97 Communication Ltd. (Paytm Noida)
05.2021 - 11.2022
Sr Finance Associate
Paytm Ecommerce Pvt Ltd. (Paytm Noida)
08.2017 - 04.2021
Finance Executive
Safexpress Pvt Ltd. (Delhi)
06.2015 - 08.2017
Accounts Assistant
KAPINDER TIWARI & COMPANY (A CHARTED FIRM)
10.2014 - 06.2015
MBA - Finance & Marketing
Venkateshwara Open University - Open Learning
Master of Commerce - Accounts & Law
Dr. B.R.A University Agra
Bachelor of commerce - Accounts & Law
DR B.R.A University Agra
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