Prashant Jangam
PUNE
Summary
Seasoned financial manager with broad experience in budgeting, forecasting, and strategic planning. Skilled in optimizing financial processes and leading teams to exceed corporate goals through innovative strategies and efficient resource allocation. Proven track record of enhancing operational efficiency and financial health within diverse organizations. Demonstrated ability to analyze complex financial data and recommend actionable solutions that drive growth and profitability.
Overview
12
12
years of professional experience
Work History
Assistant Manager
Solutions Centric Global Pvt Ltd
Hyderabad
05.2024 - Current
- Processed funds up to finalization, prepared financial reports, and income tax returns.
- Maintained books of accounts on a daily basis related to general ledger, accounts receivable, and accounts payable.
- Processed bank transactions coding and reconciliation.
- Prepared payroll processing and STP filing.
- Prepared BAS, IAS, and TPAR (Taxable Payments Annual Report)
- ATO Reconciliation (GST, PAYGW, Income tax) with ICA/ITA.
- Posted monthly closing journals and preparation of monthly MIS reports.
- Maintained a fixed asset register, running depreciation every month, and reconciling with the balance sheet.
- Sending queries to clients regarding the information required.
- Perform daily accounting activities for multiple hedge funds, including reconciliation of portfolio transactions, calculation of net asset value (NAV), and valuation of securities.
- Review and process hedge fund expenses, including management and performance fees.
Team Leader/Quality Manager/Assistant Manager
Superconcepts - SuperannuationOps Pvt Ltd Limited
Pune
01.2018 - 07.2024
- I have effectively led a team of 10 members, ensuring smooth coordination and achieving project milestones.
- Supervised and managed a team of 10 Super Fund Clients Representatives, ensuring exceptional service delivery to all clients and fostering a culture of excellence.
- Mentored and coached team members to foster professional growth and improve performance.
- Developed and implemented new policies and procedures to improve team productivity and efficiency.
- Analyzed current processes and identified areas for improvement, resulting in increased customer satisfaction.
- Coordinated closely with other teams to ensure that customer needs were met and exceeded.
- Developed and delivered team training sessions to ensure team members were up to date on the latest processes and procedures.
- Assisted in the recruitment, selection, and onboarding of new team members.
- Provided monthly, quarterly, and annual reports to the management regarding the site's performance.
- Preparation of funds for each financial year of various clients.
- Processed funds up to finalization, prepared financial reports, and income tax returns.
- Recording and classifying bank transactions.
- Maintaining accurate and up-to-date financial records.
- Reconciling errors or discrepancies, prepare financial reports and income tax returns.
- Saved all supported documents in Workpaper file as supporting evidence.
- Review the queries of the funds raised by the team members, and forward them to the clients for further clarifications.
- Review the funds of the team members for system and process improvements.
- Preparation of Trial Balance, Profit & Loss A/c, Balance sheet.
- Maintaining a relationship with the Front Office by handling queries regularly and effectively via conference call, meeting, and email.
Senior Executive Finance Accountant
Prima IT Solutions Pvt Ltd
Pune
04.2014 - 01.2018
- Review the queries of the funds raised by the team members, and forward them to the clients for further clarifications.
- Review the funds of the team members for system and process improvements
- Prepare financial reports and income tax returns.
- Record and manage daily cash transactions to ensure accurate financial reporting and cash flow management.
- Accurately record financial transactions, including invoices, receipts, journal entries, and conduct regular reconciliations to ensure that financial data in the general ledger matches.
- Perform end-to-end Record to Report (R2R) activities, including variance analysis and preparing reports for clients, ensuring accurate delivery of financial information.
- Bank Reconciliation with Daily, Monthly, and Annually.
- Prepare accurate financial statements, including balance sheets, income statements, and cash.
- Preparing and posting journal entries for accruals, deferrals, and other adjustments as needed.
- Invoice Processing.
- Month-end task and reporting.
- General Ledger, as well as Balance Sheet Reconciliation.
- Responding to client queries and following up on any outstanding information and documentation required.
- Prepared report: Trial Balances, General Ledger, Financial Statements, and Balance Sheet.
- Recording and maintaining various processes related to Accounts Receivable and Payable.
- Managing fixed asset accounting, including recording acquisitions, disposals, and calculating depreciation expenses.
- Investigate and resolve any discrepancies identified during the reconciliation process.
- Coordinate year-end closing processes, ensuring all financial activities are accurately recorded within the required timeframes.
- Processing and posting of journal entries for all kinds of transaction adjustments into the general ledger system.
- Subsidiary ledgers, bank statements, and other external records.
Executive Finance & Accounting
U & D Square Solutions Pvt Ltd
Pune
12.2012 - 03.2014
- Company Overview: A leading innovator in SMSF service, delivering seamless and cost-effective solutions. An expert and proven partner for thousands of trustees and professionals.
- Passing Journal Entries (Revenue Accrual, Expense Accrual, Prepaid Setup, Prepaid Amortization, Correcting entries, Deferred Revenue, and Inter-company Accruals).
- Inter-company process, Accounts Receivable Invoicing, and Accounts Payable Invoicing.
- Preparation of Trial Balance, Profit & Loss A/c, Balance sheet.
- Retrieve web docs from registry, i.e., Computer Share, Link Market, Board Room.
- Conducted data review and followed standard practices to find solutions.
- Bank reconciliation (Handle daily fund account & reconcile with bank & if any query fund, then raise to client for an error & bank reconciliation with daily, monthly, and yearly).
- Follows up with the banks to clear any reconciling items requiring bank adjustments.
- The basic job is to ascertain the validity and reliability of the various items appearing on the financial statements, i.e., trial balance and general ledger.
- Processing various corporate actions in different software's, like BGL 360, Supermate, and Class Super.
- Managing receivables and payables and maintaining daily, monthly, quarterly, and annual records.
- Processing derivatives shares (listed, unlisted, overseas) associated unit trust, NAV (net asset value) calculation.
- Ensure figures flow into the financial statement are accurate for the whole year's financial data and record their position.
- Create fund as per client software requirement and assign cost base to take over fund and newly commence fund.
- Perform classification and identification of dividend, distribution accounting fees, management fees, deductible and nondeductible fees, and auditors' fee, etc.
- As per the client's investments.
- Perform shares, Trust managed Investments, commercial property, Residential property rent, gross up property Investment.
- Escalate unresolved variance to client ops with proper research.
- Save all supported documents in the Workpaper file as supporting evidence.
- Reviewing funds that have been completed by junior team members.
- Troubleshoots team members' issues and queries while processing the fundraising query to the client for required documents.
- Communicate with clients and discuss their tax issue and processing query part, which will help to reduce tax penalties.
- Maintain record of Investments, Realised, and Unrealised capital gain/loss.
- Releasing funds to onshore review team for release to client.
- A leading innovator in SMSF service, delivering seamless and cost-effective solutions. An expert and proven partner for thousands of trustees and professionals.
- Passing Journal Entries (Revenue Accrual, Expense Accrual, Prepaid Setup, Prepaid Amortization, Correcting entries, Deferred Revenue, and Intercompany Accruals, coding of AR and AP invoice)
- Intercompany process, Account Receivable Invoicing, and Account Payable invoicing process for intercompany have been transferred through a net meeting.
- Maintaining a relationship with the Front Office by handling queries regularly and effectively via conference call, meeting, and email.
Education
Master of Commerce - External Comm-M Com (II)
Pune University
10.2009
Bachelor of Commerce - Pune University
SMNC College of Commerce
09.2008
Higher Secondary Certificate - Board of Intermediate Education (Mah.)
MES Boys College of Commerce
06.2005
Secondary Certificate - Board of Secondary Education (Mah.)
BPM Vidyalya
Raigad04.2003
Skills
- Xero
- BGL Desktop
- BGL 360
- Class Super
- Supermate
- Web supermate
- Financial Accounting
- Audit and compliance management
- Excel skills
- Data Analysis
- Forecasting Tools
- SAP FICO Learning
- Team Building
- Leadership
- Collaboration
- Decision making
- Problem solving
- Time management
- Communication skills
- Project Management
- Hedge fund accounting
- Strategic Planning
- Teamwork
- Record to Report
- Accounts finalization
- Budgeting
- Pension Fund Administration
- Accounts Receivables/Payables
- Taxation and audits
- Invoicing and Payments
- P&L A/c's
- Trading accounts
- Balance Sheet
- Budgeting and finance
- Accounting standards
- GAAP Accounting Standards
- Stakeholder engagement
- Strategic Thinking
Hobbies and Interests
- Playing Cricket
- Listening To Music
Languages
- English
- Hindi
- Marathi
Personal Information
- Date of Birth: 12/18/88
- Gender: Male
- Nationality: Indian
- Marital Status: married
Timeline
Assistant Manager
Solutions Centric Global Pvt Ltd
05.2024 - Current
Team Leader/Quality Manager/Assistant Manager
Superconcepts - SuperannuationOps Pvt Ltd Limited
01.2018 - 07.2024
Senior Executive Finance Accountant
Prima IT Solutions Pvt Ltd
04.2014 - 01.2018
Executive Finance & Accounting
U & D Square Solutions Pvt Ltd
12.2012 - 03.2014
Master of Commerce - External Comm-M Com (II)
Pune University
Bachelor of Commerce - Pune University
SMNC College of Commerce
Higher Secondary Certificate - Board of Intermediate Education (Mah.)
MES Boys College of Commerce
Secondary Certificate - Board of Secondary Education (Mah.)
BPM Vidyalya
Similar Profiles
Hari Prasad PoovalingamHari Prasad Poovalingam
Quality Analyst at Nthrive Global Solutions Pvt. Ltd (Formerly E4E Business Solutions Pvt. Ltd)Quality Analyst at Nthrive Global Solutions Pvt. Ltd (Formerly E4E Business Solutions Pvt. Ltd)
ANKIT KUMAR GUPTAANKIT KUMAR GUPTA
Senior Consultant at Centric Consulting India Pvt LtdSenior Consultant at Centric Consulting India Pvt Ltd
ANILA K AANILA K A
Medical Coding Analyst at Optum Global Solutions India Pvt LtdMedical Coding Analyst at Optum Global Solutions India Pvt Ltd