PRASHANT B. PATIL
Financial Planning & Analysis
236/5,Shivam Building, Cross Road, Mahim, Mumbai
Summary
Encouraging manager and analytical problem-solver with talents for team building, leading and motivating, as well as excellent customer relations aptitude and relationship-building skills. Proficient in using independent decision-making skills and sound judgment to positively impact company success.
Overview
13
13
years of professional experience
3
3
Languages
Work History
Manager - Finance
M/s. Bombay Burmah Trading Corporation, Ltd, The Wadia Group
Mumbai
03.2023 - Current
- Consolidation of BBTCL Annual corporate budget and preparation of Executive Summary consolidated & division wise.
- Reviewing and consolidation of corporate monthly MIS and division wise MIS, quarterly and half yearly forecast and preparing executive summary based on data received from divisions for presentation to MDs office.
- Monthly tracking, variance analysis P&L and Balance sheet of budget and actuals of 4 divisions i.e. South India Tea, Dental Products of India, Automotive spare parts (EAPL) and Coffee division.
- Preparing monthly cash flow working and reviewing with HOD.
- Various preparation of presentations for senior as & when required. (Risk mitigation measures, next 3-4 years forecast plan PPT, etc.)
- Monitoring budget and revenue trends, compiling reports for company leadership to inform decision-making.
Manager - Accounts & Finance
M/s. Avvashya CCI Logistics Pvt. Ltd, (Joint venture of Allcargo Logistics Ltd.
Mumbai
07.2015 - 02.2023
- Preparation of Branch wise Profit & Loss Statement on monthly basis which includes job wise revenue-cost provision, indirect cost provision checking, etc
- Preparation of branch-wise MIS month on month schedule & branch-wise sales budget tracker for actual v/s
- Budgeted & checking for variance analysis & review with branch HOD’s
- Generate analytical reports, provide explanation of trends, variance to actual results & budget with plan of action
- Preparing & collecting data for budget forecasting & finalizing annual budget by co- ordinating with branch HOD’s & Management
- Coordinating with audit team for statutory audit, limited review audit, internal audit, etc
- For completion of audit on time
- Preparing Ageing Payable reports & monitoring with branches for cost booking & transactions matching on fortnightly basis
- Understanding & arranging the fund requirement of the branches on daily basis under coordination & guidance from CFO
- Actively participation in Finalization of accounts e.g
- Preparing & consolidating related party transactions (RPT) statements, ledgers scrutiny, checking & making provisions for revenue & cost, verifying & reconciling payables (current liabilities), preparing prepaid expense schedule, assisting seniors for preparing schedules of P & L, balance sheet, notes to accounts, etc
- Preparing & maintaining fixed asset register & depreciation working for divisions as per Companies Act & Income Tax Act on monthly & quarterly basis
- Maintaining, tagging of fixed assets & physically verifying fixed assets every 2 years with the help of branch finance heads
- Successfully upload opening balances of trial balance of 3 different companies in one application
- (Logisys)
- Communicating with bank for banking correspondence & with creditors for payment related issues & clients as & when necessary.
Sr. Accounts Executive
M/s, Global Logistics Solution I Pvt. Ltd
Mumbai
01.2013 - 07.2015
- Overseas Invoicing of branches
- Preparing inter branch reconciliation & coordinating with operations team for the same
- Preparing Bank Reconciliation of many banks on daily basis
- Calculation of TDS Deduction & Service Tax
- Knowledge of Operations work related to freight forwarding
- All kinds of deal with banks, creditors & clients.
Accounts Assistant
M/s. P. M. Kathariya & Co
02.2011 - 12.2012
- Responsible for petty cash, expenses, invoicing, etc
- To deal with daily transactions for the petty cash and ensure that reconciliations are complete on a weekly basis
- Preparing Individual Balance Sheet , Limited & Pvt
- Ltd Companies
- Filling Online Return of T.D.S, Service tax, Individual Return & Companies return
- Preparing Online Return of 15 CA/ 15CB Certificates of Foreign Remittance
- Preparing and maintaining purchase and sale register by manual.
Accounts Assistant
SAMT Services (India) Pvt. Ltd
Mumbai
12.2010 - 01.2011
- Maintaining all accounting records
- Responsible for petty cash, expenses, invoicing,
- Maintaining cash book and cheque vouchers and Bank vouchers
- All types of entries in tally E.R.P-9
- TDS Deduction, Service Tax Calculation
- Conduct internal Audit time to time.
Education
P.G.D.M - Finance Management
Welingkar Institute
B. Com - undefined
Mumbai University
H.S.C - undefined
Mumbai University
S.S.C - undefined
Maharashtra State Board
Skills
Proficient in MS-Office – Excel, Word, Powerpoint
Working knowledge of Accounting Package – Tally, GLOBAL SWAT, Relyon TDS professional, Spectrum (TDS Software) , Logisys (Accounting Software)
Beginner Course in Power BI from Princeton Academy
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Quote
There is a powerful driving force inside every human being that, once unleashed, can make any vision, dream, or desire a reality.
Tony Robbins
Timeline
Manager - Finance
M/s. Bombay Burmah Trading Corporation, Ltd, The Wadia Group
03.2023 - Current
Manager - Accounts & Finance
M/s. Avvashya CCI Logistics Pvt. Ltd, (Joint venture of Allcargo Logistics Ltd.
07.2015 - 02.2023
Sr. Accounts Executive
M/s, Global Logistics Solution I Pvt. Ltd
01.2013 - 07.2015
Accounts Assistant
M/s. P. M. Kathariya & Co
02.2011 - 12.2012
Accounts Assistant
SAMT Services (India) Pvt. Ltd
12.2010 - 01.2011
P.G.D.M - Finance Management
Welingkar Institute
B. Com - undefined
Mumbai University
H.S.C - undefined
Mumbai University
S.S.C - undefined
Maharashtra State Board