Samar Yashwant Shinde
Summary
- Seeking a senior position in Corporate, where my expertise and experience can be leveraged to impact company growth. ADDITIONAL QUALIFICATION
- Passed MSCIT & Basics in Computer.
- Excellence in working under SAP (ECC 7) environment.
- Passed AUTOCAD from Vipro Institute.
- Excellent Knowledge in MS – Excel & MS – Word & Power Point.
- Hands on Tally ERP.
Overview
19
19
years of professional experience
Work History
Senior Finance Analyst
DOW CHEMICALS INTERNATIONAL PVT LTD
07.2018 - Current
- Handling of entire Fixed Asset Cycle - Project Identification (Purchase of Asset) to Project Closer (Asset Closing notice)
- Interact with a client and have a healthy discussion for the CAP v/s EXP analysis
- Sale of assets entries
- Transfer/Discard of assets entries
- Details & identification of assets Original Cost & WDV as per user requirement for sale/transfer/discard
- Capitalized Interest Reversal of the Projects
- Scrutinizing Depreciation posting & Asset balances with GL’s
- Ensuring good internal controls regarding while processing Capital Authorization Request
- Preparing Capital Spending report on monthly basis
- Posting of monthly accruals to clear the suspense account that affect the monthly report
- Handle quarterly Audit & SOX audit for the Finance Function
- Co-Ordination with auditors for Statutory/Tax audit
- Ensuring personal and team adherence to SOPs regulatory norms and accounting guidelines
- Performing Flux Analysis on quarterly basis for concluding the net property in Balance Sheet
- Monthly Capitalized Interest, Audit reporting and Asset class audit.
Senior Finance Executive
USV Pvt Ltd
05.2015 - 07.2018
- Handling a team of 2 people
- GST Input Receivable and Utilization Reconciliation (Reconciliation on basis of GSTR 2, 2A & SAP GL Balance)
- Asset Master Creation & Allocation of Budget
- Preparing Commercial Invoice against sales order in SAP
- Preparing Credit / Debit note if required for any goods return or rate difference
- Looking after Scrap Sales & Engineering Stock
- Closely Monitor CWIP budget & Quarterly Report
- Status of open Projects-Quarterly Report
- Sale of assets entries
- Transfer/Discard of assets entries
- Details & identification of assets Original Cost & WDV as per user requirement for sale/transfer/discard
- Physical Verification Activity
- Assets Installation certificates & Change in Master
- Capitalization of projects in books after commercialization of plant/handover report
- Scrutiny of open advances & follow-up
- Excise Duty & Service Tax Reconciliation on monthly basis
- GR/IR Clearing
- Creation of Sales Order
- Preparing Commercial Invoice against sales order in SAP
- Preparing Credit / Debit note if required for any goods return or rate difference
- Assets Related GL Clearing
- Capital Creditors & Spends Report
- Verification & Reconciliation of FAR with Locations as per planned schedule
- Co-Ordination with auditors for Statutory/Tax audit
- Ensuring personal and team adherence to SOPs regulatory norms and accounting guidelines
- Preparing, Invoice & Debit note for subsidiary entity
- Preparation of Profit Share Report & Reconciliation of Purchase & Sale monthly.
Finance Executive
Thermo Fisher Scientific India Pvt. Ltd
06.2013 - 05.2015
- Independently handling on 5 ERP’s – SAP, EBIZ- Oracle, Solomon, ERP – Tally in account payable activities pertains to various entities, which includes:
- Creating Vendor code (Maintaining vendor master data) in 5 different ERP’s
- Scrutiny of all Local vendors’ invoices & Imports with duty, CHA & Freight invoices and feeding into the system
- Preparation of provision for expenses working sheets every month end
- Handling Import Invoices and remittance
- Approving & signing statutory details of the division
- Scrutiny of Creditor related Overheads & Payments processed on daily basis
- Assisting for Inter-company reconciliation, following with customers & vendors for payment due and adjustment
- Employee reimbursement done on weekly basis thru RTGS/NEFT
- Looking after all Custom Duty Payments & Tax payments (like TDS, service tax and all other compliances)
- Reconciliation of freight & CHA transactions on bi-weekly basis
- Liasoning with Supply Chain team & guiding them to resolve SAP MM Module queries to avoid errors while maintaining conditions
- Preparation of AP-GL Reconciliation monthly basis to check closing balances
- Clearing Accounts (GRIR, Freight) & Advance Knock Off
- Working on CST and issuing C Form to vendors
- Issuing C-form to vendors and resolving vendor grievances pertains to C-Form
- Working on TDS file on monthly file & issuing TDS certificate to vendors
- Handling queries of Auditors & Inter-company Reconciliation
- Worked for Serco Global Services
Process Analyst
03.2012 - 06.2013
- Accounts Payable process: Processing & Auditing:
- Verification all types of invoices & Payment Run on Daily basis in SAP Software (FICO Module – Version 6.0)
- Processing & Auditing Freight, CHA, Import, Material, Service, CFA, GTA Invoices, etc
- Auditing Bank Reconciliation (12 Banks)
- Verifying Import Accounts Invoices including debit advices & A1 & A2 form
- Assisting for preparation in Statutory Compliance every month end
- Tatutory Compliance part Covered:
- TDS Refund
- GTA & Service tax Working file
- Knowledge of Sales Tax
- Clearing Accounts (GRIR, Freight & Other charges GL)
- CESS Working file
- Assisting in preparation of Schedules of AP-G/L’s at month end
- Eporting Part & Other activities:
- Maintaining Error Log with root cause & corrective action
- Side By Side Monitoring activity is done on monthly basis
- Preparing Accuracy Comparison & Sharing with Internal HOD
- Preparing R-360 report & Sharing with Internal HOD
- Conducting a Feedback session with whole team to share process knowledge
- Preparation of Minutes of Meeting of each Feedback & Coaching Session given to Associates
- Finding Innovative ideas for improvement & to make process run smoothly
- Preparing Daily Accuracy Report and Sharing with clients
- Preparing Monthly & Weekly Deck PPT & sharing with HOD
- Preparation of Individual Accuracy Comparison of each associates & giving feedback & coaching session
- Co-ordination with Clients
- Handling Team of 9 Associates
06.2012 - 12.2012
- ACHIEVEMENTS
- Rewarded & Honored with Appreciation Certificate 2 Times for outstanding performance & loyal service for the month of, in Serco Global Service
- Rewarded & Honored with Appreciation Certificate for demonstrating intensity and commitment in driving GRIR clean up activity & hygiene improvement in process area for Q1’14 in Thermo Fisher Scientific (I) Pvt Ltd
- Rewarded & Honored with Appreciation Certificate for demonstrating intensity and involvement in handling increased volume of invoice booking & simultaneously contributing to the automation of payment run in AP for 2014-15
- Spotlight Award for a smooth and successful year end close
- Focus to teamwork and flexibility with working U.S
- Hours to meet the year end deadlines in Dow Chemical’s Pvt Ltd for 2018-19
- Appreciation Certificate for volunteering with Habitat for Humanity India & Helping us build strength, stability & self-reliance for the families in need arranged by Dow Chemical’s (I) Pvt Ltd – Feb 2019
- Rewarded Bronze Award & with Trophy for developing Capitalization Macro & contributed efforts to reduce manual works, improved accuracy, which ultimately saved 53 hours monthly in Dow Chemical’s Pvt Ltd for 2019.
Accountant associate
Techprocess Solutions Ltd
09.2010 - 03.2012
- Booking Vendor & Capex Invoices in Navision Software & Issuing Cheque
- Handling Petty Cash & Reimbursement
- Preparing Bank Reconciliation
- Processing Salary of Retainers
- Leading Team on behalf of Team Leader.
- Co-ordination with Clients & Vendors on Mails & Phone.
Adventity BPO
03.2007 - 12.2008
Customer Sales Executive
Tata AIG Life Insurance Co
11.1986
- Correspondently pursued F.Y & S.Y.B.Com
- Apprentice for 1 Year in Larsen and Toubro co
- As a Fabricator
- Personal, : Samar Yashwant Shinde
- ATE OF
Education
Y.B.Com - undefined
Mumbai University
HSC - undefined
Mumbai Board
ITI - Mechanical
SSC - undefined
Mumbai Board
MBA (PGDFM - Finance
Welingkar Institute of Management
Inter - undefined
ICWAI from Institute of Cost & Work Accountant
Skills
Strong Communicator, Team HandlingAccountingAccounts PayableAccrualsAPAuditingAutomationBalance SheetBalanceBank ReconciliationBudgetBiCClosingCoachingComCreditorCreditClientsClientDebitDrivingEnglishERPFinanceFocusGLHindiTeam LeaderWorksNavisionCommunicatorOracleProfitReportingRequirementSalesSAPSAP GLSAP MMScientificSolomonSupply ChainTaxTDSTeamworkPhone
Timeline
Senior Finance Analyst
DOW CHEMICALS INTERNATIONAL PVT LTD
07.2018 - Current
Senior Finance Executive
USV Pvt Ltd
05.2015 - 07.2018
Finance Executive
Thermo Fisher Scientific India Pvt. Ltd
06.2013 - 05.2015
06.2012 - 12.2012
Process Analyst
03.2012 - 06.2013
Accountant associate
Techprocess Solutions Ltd
09.2010 - 03.2012
Adventity BPO
03.2007 - 12.2008
Customer Sales Executive
Tata AIG Life Insurance Co
11.1986
Y.B.Com - undefined
Mumbai University
HSC - undefined
Mumbai Board
ITI - Mechanical
SSC - undefined
Mumbai Board
MBA (PGDFM - Finance
Welingkar Institute of Management
Inter - undefined
ICWAI from Institute of Cost & Work Accountant