Rushabh Shah
Pune
Summary
Experienced Finance professional bringing proven track record in managing complex financial operations. Strong expertise in budgeting, forecasting, accounts payable and financial analysis coupled with profound knowledge of regulatory compliance and corporate finance principles. Proven success in driving efficiency and productivity through evaluation of financial management systems and implementation of process improvements. Significant contributions made to past employers by spearheading effective financial strategies, maintaining positive relationships with stakeholders, and ensuring accurate financial reporting.
Overview
13
13
years of professional experience
1
1
Certification
Work History
Associates Financial Controller
Maersk GSC.
Pune
05.2023 - Current
- Manage and analyse financial data, including variance analysis
- Responsible for monthly, quarterly and annual closing and reporting books
- Prepare financial reports, including One Stream reporting, corporate and management accounting and reporting
- Forecasting & budgeting and align with Country Finance business partners
- Entities Controller (including SGA and TB) and ensure the accuracy and timeliness of all financial reporting in SAP ECC and S4 HANA.
- Weekly and monthly SGA reviews, as well as monthly TB reviews with stakeholders, ensure that all drivers of the income statement and balance sheet are understood.
- Production of statutory accounts within timelines with stakeholders.
- Frontline support for the audit of the assigned legal entities.
- Three-way matching: SAP with BCS, and BCS with Os
- Managed day-to-day finance operations by working closely with accounting, accounts payable, accounts receivable and payroll staff to provide direction.
- SAP ECC and S4H month-end closing activities, including CLOCO.
- ICP Reconciliations.
- Created internal controls and corrective actions to reduce risk or deficiencies.
- Developed improved business processes to provide greater transparency, more accurate reporting and better identification of cost-saving opportunities.
Senior Specialist - Finance & Accounts
Maersk GSC.
Pune
05.2021 - 04.2023
- Vendor/AP management for IBS entities.
- Generating & reviewing monthly MIS reports for vendors.
- GST reconciliation and follow-up with vendors for GST ITC, TDS reconciliation, and posting in books.
- Vendor open item reconciliation and clearing the same.
- Vendor debit balance follow-up and clearing.
- Bangladesh, Oman, and Qatar - TDS, VDS, VAT, and WHT calculation and posting.
- Monitored accounts payable, receivable to ensure timely payments, collections.
- Reconciled accounts payable transactions to ensure accuracy.
- Maintained accurate records of all accounts payable transactions.
- Reviewed accounts payable invoices for accuracy prior to payment.
- Conducted periodic audits of accounts payable transactions.
- Performed monthly closing of accounts payable ledgers.
Manager - Finance & Accounts
Lucky Mycrofine Appliances Pvt. Ltd.
Rajkot
05.2014 - 05.2021
- Administering Finance, Accounts, and Admin related duties
- Managing the filing of GST Returns including GSTR 3B, R1, and others, along with execution of GST Refund procedures
- Generating monthly MIS Reports, performing Bank Reconciliation
- Handling State Taxation matters like Monthly Sales Tax Payments, Returns, Audits, and Assessments
- Supervising Statutory Collections and Issuance of Forms like Form C, Form F, and Form H
- Overseeing Direct Taxation aspects like Computation of TDS, TDS Payment, and TDS Returns
- Monitoring Indirect Taxation matters like Computation of Service Tax, Service Tax Payment, and Service Tax Returns
- Coordinating commercial activities like Accounts Receivables and Accounts Payables, while analyzing Receivable Cycle
- Ensuring Scheme Management, entering Credit Notes and Debit Notes, and observing Accounts as a whole
- Removing any hurdles on schemes to dealers
- Handling overall Legal matters, coordinating Sales, assisting Internal Audit, and controlling Overdue Payments
- Applying Budgetary Control over Expenses, and Inventory Controls like Stock Audit, Scrap Stock reconciliation, and Minimum or Maximum Level of Inventory
- Conducting Cash Flow Analysis, Fund Management, Trial Balance Preparation, and Finalization of Balance Sheet and Accounts
- Acting as a part of the Implementation Team for SAP B1
Assistant Manager - Finance & Accounts
EPP Composites Pvt. Ltd.
Rajkot
07.2012 - 05.2014
- Functioned on SAP R3 and supervised overall Import-Export Documentation
- Handled DGFT paper work and Import-Export License matters
- Performed Bank Reconciliation and monitored Legal Documentation like Letter of Credit, Bank Guarantee, and PBG
- Coordinated Excise related work and participated in overall Commercial Decisions
- Managed State Taxation matters like Monthly Sales Tax Payments, Returns, Audits, and Assessments
- Assisted Statutory Collections and Issuance of Forms like Form C, Form F, and Form H
- Managed Direct Taxation and Indirect Taxation
Education
MBA - Financial Management
Newport University
London01.2007
Bachelor of Commerce -
Saurashtra University
Rajkot01.2003
Skills
- Accounts Payable & Receivable
- Financial Closing
- Budgets and forecasting
- Month-end closing
- Statutory accounts preparation
- IFRS
- Financial forecasting
- MIS & Reporting
- Financial Accounting
- Bank Reconciliation
- Financial management
- Schedule Wise Audit Report
- GST
- Sales Tax, Excise, Customs
- Income Tax, TDS, ST, WC Tax
- Financial reporting
- Variance analysis
- Internal control management
Certification
- SAP FI Certification, s0014869948, Lithan Genovate Ahmedabad Center, Mumbai, 2016, 94% Grade
- SAP FICO Training Certification
- Crystal Reports for SAP B1 Training Course
- Diploma in Central Excise & Customs, IIEM, Bangalore, 2013, 1st Grade
- ACCA skill level certified & Pursuing for Strategic level
Personal Information
- Date of Birth: 26/05/1983
- Nationality: Indian
- Marital Status: Married
Languages
- English
- Hindi
- Gujarati
Training
- GST Awareness
- Indirect Taxation
- Risk Management
- MSME Awareness Programme
- IFRS
Profile Synopsis
- Experienced Finance & Accounts Manager with 12+ years of expertise in administering Finance, Accounts, and Admin matters, filing of GST Returns, executing GST Refund procedures, generating MIS Reports, performing Bank Reconciliation, handling State Taxation matters and all required statutory returns.
- Instrumental in supervising Statutory Collections and Issuance of Forms, handling Direct & Indirect Taxation, coordinating commercial activities like AR and AP, analyzing Receivable Cycle, ensuring Scheme Management, and handling Legal and Sales Accounts.
- Proficient in assisting Internal Audit, controlling Overdue Payments, applying Budgetary Control and Inventory Controls, assisting Cash Flow Analysis, Fund Management, Trial Balance Preparation, and Finalization of Balance Sheet and Accounts.
Languages
Gujarati
First Language
Hindi
Proficient (C2)
C2
English
Proficient (C2)
C2
Timeline
Associates Financial Controller
Maersk GSC.
05.2023 - Current
Senior Specialist - Finance & Accounts
Maersk GSC.
05.2021 - 04.2023
Manager - Finance & Accounts
Lucky Mycrofine Appliances Pvt. Ltd.
05.2014 - 05.2021
Assistant Manager - Finance & Accounts
EPP Composites Pvt. Ltd.
07.2012 - 05.2014
MBA - Financial Management
Newport University
Bachelor of Commerce -
Saurashtra University
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