Sandip N. Chopdar
Manager - Corporate Finance and Accounts
Pune
Summary
Strategic and performance-driven finance professional with extensive experience as a Functional Expert in accounting operations, compliance, and process optimization. Acclaimed for strong business acumen, analytical precision, and the ability to drive cross-functional alignment in complex environments. Trusted for integrity, sound judgment, and delivering measurable results through financial discipline and operational excellence. Poised to contribute to organizational growth through leadership, innovation, and a commitment to continuous improvement.
Accomplished Finance & Accounting Professional with 18+ Years of Proven Experience in Financial Management, Reporting, and Strategic Planning
Overview
19
19
years of professional experience
2013
2013
years of post-secondary education
3
3
Languages
Work History
Manager – Corporate Finance and Accounts
KPIT Technologies Ltd.
08.2014 - Current
- Acting as a Functional Expert for Accounts Receivable and Payable processes, ensuring accuracy, compliance, and efficiency.
- Overseeing and controlling end-to-end Accounts Payable (AP) operations, including vendor management and payment cycles.
- Authorizing supplier, subcontractor, and statutory payments and invoices, ensuring timely and accurate disbursements.
- Verifying and ensuring precise monthly expense provisions in alignment with financial policies.
- Reviewing payroll accounting and related provisions (e.g., Leave Encashment, VPI, Gratuity) to ensure correct classification and cost impact.
- Authorizing employee payments, travel claims, and other expense vouchers, ensuring compliance with internal policies.
- Preparing Monthly MIS reports and performing cost variance analysis for various expense categories, including salary, direct, and indirect costs; providing suggestions to improve cost efficiency.
- Independently managing monthly financial closures, ensuring timely finalization of books.
- Handling quarterly and annual statutory and internal audits, ensuring compliance and timely resolution of audit points.
- Reviewing existing functional processes to identify loopholes and implement process improvements that enhance team efficiency, save bandwidth, and reduce turnaround time.
- Leading and mentoring AP and Payroll teams, aligning efforts to meet functional goals and expectations set by senior leadership.
- Coordinating and collaborating with cross-functional teams and business units to ensure smooth and integrated process execution.
- Responsible for accurate revenue recognition and preparing detailed MIS reports for senior management.
- Monitoring revenue accounting and intercompany revenue transactions across multiple KPIT subsidiaries in the US, Europe, and Asia-Pacific.
- Delivering a variety of revenue-related MIS reports to top management on a monthly basis for strategic insights.
- Supervising a team managing daily invoicing and Accounts Receivable operations, ensuring timeliness and accuracy.
- Handling intercompany transactions, ensuring timely revenue-cost matching on a monthly basis.
- Preparing and recording project-wise unbilled revenue provisions, ensuring completeness and compliance.
- Performing intercompany revenue reconciliations and aligning financials with associated KPIT subsidiaries abroad.
- Conducting profitability assessments and variance analysis at the entity level to support business decisions.
- Performing detailed revenue-cost analysis, including onsite-offshore ratio determination for revenue bifurcation in fixed-price projects across international subsidiaries.
- Analyzing timelog reports to identify unbilled hours or underutilized efforts, enabling corrective actions to avoid revenue leakages.
- Ensuring adherence to internal controls and statutory compliance during audits.
- Managing the monthly revenue closing process, ensuring timely and accurate reporting.
- Contributing to SAP HANA system development for Accounts Receivable and Revenue functions, driving automation and system efficiency.
Accounts Executive
Electromech Material Handling System India Pvt. Ltd.
10.2010 - 05.2014
- Prepared and analyzed MIS reports including Creditors & Debtors Aging (CAR & DAR), Purchase-Sales, GRIR, LC-BOE, FX Gain/Loss, and Expense Comparison reports.
- Managed Accounts Payable for domestic and import transactions, including invoice processing for materials, services, and labour.
- Ensured timely vendor payments via cheques, RTGS, NEFT, and LC-BOE settlements.
- Handled Letter of Credit (LC) applications, BOE acceptances, and their accurate accounting.
- Monitored auto-clearing of GRIR, CENVAT, and Customs GL accounts.
- Oversaw Accounts Receivable, ensuring timely debtor collections and accurate posting/knock-off of receipts.
- Performed General Ledger (GL) scrutiny, clearing of vendor and GL items, and reconciliations of banks, vendors, and intercompany accounts.
- Managed Fixed Assets Accounting and maintained the Fixed Asset Register (FAR) in compliance with Schedule IV.
- Supervised monthly payroll processing and ensured proper salary provision entries.
- Provided key financial data and reports to management for informed decision-making.
- Coordinated with internal and statutory auditors to ensure smooth audit completion with minimal queries.
Account Assistant
Finolex Cables Ltd.
01.2008 - 09.2010
- Managed end-to-end processing of consumables, raw materials, services, freight, and advertising bills, including GI-IR reporting and clearing.
- Handled domestic vendor payments (cheques, RTGS, NEFT), C-form issuance, vendor reconciliations, and advance tracking.
- Performed GL scrutiny, journal entries, vendor and GL clearing, bank reconciliations, and coordinated with internal and statutory auditors.
Account Assistant
Bajaj Auto Finance Ltd.
04.2007 - 12.2007
- Handled roles of Bank reconciliation of various banks, customer follow ups and solving their problems.
Account Assistant
BEL-Optronic Devices Ltd.
04.2006 - 02.2007
Education
CMA Inter -
ICAI Kolkata
Master of Commerce - undefined
Pune University
Bachelor of Commerce - undefined
Shivaji University
MATRICULATION - undefined
Kolhapur Board
Skills
MIS Reporting
Payroll Accounting (R2R)
Accounts receivable (O2C)
Vendor and Intercompany Reconciliations
Accounts receivable Payable (P2P)
Audits Compliances(Statutory and Internal)
Revenue Recognition Accounting
Technical Competency
- Knowledge of SAP FICO- 6.0/HANA S4
- Proficient with knowledge MS-Word, Excel, Outlook, Power Point.
Timeline
Manager – Corporate Finance and Accounts
KPIT Technologies Ltd.
08.2014 - Current
Accounts Executive
Electromech Material Handling System India Pvt. Ltd.
10.2010 - 05.2014
Account Assistant
Finolex Cables Ltd.
01.2008 - 09.2010
Account Assistant
Bajaj Auto Finance Ltd.
04.2007 - 12.2007
Account Assistant
BEL-Optronic Devices Ltd.
04.2006 - 02.2007
Master of Commerce - undefined
Pune University
Bachelor of Commerce - undefined
Shivaji University
MATRICULATION - undefined
Kolhapur Board
CMA Inter -
ICAI Kolkata