RUPESH SATDIVE
Ghansoli, Navi Mumbai
Summary
Detail oriented account payable specialist with 5+ years experience effectively managing all accounts payable processes. Passionate about procedure and compliance, introducing process optimization and auditing procedures resulting in 20% processing time reduction and overpayment savings.
Overview
7
7
years of professional experience
Work History
Accounting Consultant
Chain IQ India LLP
Navi Mumbai
03.2021 - Current
- Experience in accounting of global entities India, Switzerland, Singapore, UK in SAP by design (Cloud based)
- Review of all open purchase orders posted by respective department. Insure goods & service receipt is posted and invoice is received to accounting department. Timely and accurately accounting of vendors invoices in SAP with correct cost center.
- Daily Bank reconciliation and to connect with concerned person to close all open items.
- Prepare vendors payable report twice in a month, generate payment batch and upload in bank. Request to authorized person to approve payments in bank.
- Accounting of Intercompany and revenue invoices in SAP with accurate revenue assignment.
- Prepare debtors receivable report on monthly or weekly basis and send follow up emails to all customers for the payments which are due or will be due. Ensuring that all payments received from customers are posted in a timely manner.
- Prepare projected cashflow working on weekly basis and provide fund flow statement for management information and convert currency to transfer required fund to all required entities.
- Monthly payroll reconciliation with HR report.
- Monthly Intercompany reconciliation with balance confirmation Perform vendors reconciliation on regular basis to avoid discrepancies in books.
- Support to seniors with all the reports and working as and when required.
- Support in budget control and forecast by cost analysis of respective department.
- Review all expense GL accounts and allocate expense to the correct GL account with correct cost center or to the project code.
- Process and review employee expense reports, ensuring accurate documentation adherence to company policies, and compliance with relevant regulations.
- stay up to date with company travel and expense polices.
- provide guidance to employees on expense reporting procedures, policy compliance and best practices.
- Monitor and enforce adherence to company policies to prevent fraudulent or non-compliant expense submission.
- Assist in Month end closing activities.
- Post monthly accrual of expenses and Prepaid expenses.
- Prepare P & L and Balance sheet variance analysis and trend analysis on monthly basis to help business track their financial performance.
- Review and help in preparation of monthly P & L and BL statements.
- Prepare monthly liquidity forecast for the MIS report presentation to management.
- Prepare monthly schedule for accrual expense and prepaid expenses to track the recurring postings.
- Prepared monthly fixed asset schedule and monitoring the same.
- Assist in year end closing and audit related activities.
Accounts Executive
Neo Feeds Pvt. Ltd.
11.2019 - 03.2021
- Managing the company accounts in Tally ERP 9
- Handle day to day accounts, maintain books of accounts Like Cash books, Bank Books, vouchers, and data entry
- Record payment, receipt and contra entries in tally as per all bank statements.
- Bank Statement Reconciliation.
- Maintain petty cash book, make vouchers as per cash book, verify vouchers and book expense entries.
- Collect all documents of purchase and verify all documents like PO, GRN, Actual Invoices and post vendor invoices in books.
- Verification of all data received from sales department i.e Sales Order, Delivery challans and Sales Invoices then record sales entries.
- Prepare vendors outstanding report monthly or twice in a month for the timely payment to vendors to avoid delay in payments.
- Prepare debtors receivable report and follow up for the payments which are due. Send a reminder emails to customers for the payments which are already due.
- Create and maintain good relationships with Customers and vendors.
- Maintain record of factory workers over time job on monthly basis and make monthly payment to workers
- Monthly Prepare working of sales and purchase through tally data and inward and outward books for GST return filing and file GST return before the due date
- GSTR 2A Reconciliation for ITC, Matching the uploaded data by suppliers with the company's purchase data
- Monthly TDS working for TDS payment and make TDS payment before due date and file TDS return on quarterly basis
- If any notice issued from TDS department, GST department and IT department then solve the queries by Co-ordinate with CA
- Assist to Accounts Manager for summarize current financial status by collecting information; preparing balance sheet, profit and loss statement and other reports and provide additional support to the Manager as required.
Accounts Assistant
Arun Ratnawat And Associates
12.2016 - 07.2019
- Record cash and bank transaction entries in tally and Preparation Bank Statement Reconciliation
- Account Finalisation and Prepare Profit and Loss Account reports and Balance sheet reports
- Income Tax return filing for individual persons and small business clients
- Tax Audit of Small Enterprises, Companies and Partnerships Firm's
- Prepare Form 15 CA and 15 CB and Sending it to Insurance Company for Claim
- GST Return Filling (GSTR1, And GSTR3B)
- As per client data compare working of inward and outward supply with tally data for calculate monthly GST and make payment of GST and file GSTR 3B return before due date
- As per Outward supply prepare data online or offline or in excel for Monthly / Quarterly GSTR 1 return filing
- Prepare yearly working of purchase and sales of company books and auto drafted GST compliance data for reconciliation and after that file Annual GSTR 9 return
- TDS Calculation, Monthly Payment of TDS and Quarterly TDS Return Filing
- Maintain relationships with clients by providing support, information, and guidance.
Education
Bachelor of Commerce - Financial Accounting
Mumbai University
Vashi, Navi Mumbai03-2016
H.S.C -
Mumbai University
Vashi, Navi Mumbai03-2012
Skills
- Tally ERP 9
- Finance Management
- Cloud Accounting
- Tax Return Filing
- Decision-Making
- Multitasking Abilities
- Cash Flow analysis
- General ledger accounting
- Build up Excellent relationship with vendors and customers
Affiliations
- Identify opportunities to improve accounts payable processes and implement best practices to enhance efficiency and effectiveness.
- Ability to thrive in a fast-paced environment and manage multiple priorities effectively.
- Ability to present complex information in a easy to understand format.
Accomplishments
- Rewards & Recognition
Languages
Marathi
First Language
English
Proficient (C2)
C2
Hindi
Proficient (C2)
C2
Timeline
Accounting Consultant
Chain IQ India LLP
03.2021 - Current
Accounts Executive
Neo Feeds Pvt. Ltd.
11.2019 - 03.2021
Accounts Assistant
Arun Ratnawat And Associates
12.2016 - 07.2019
Bachelor of Commerce - Financial Accounting
Mumbai University
H.S.C -
Mumbai University
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