Sanket Chitre
Accounts Manager - Vessel Accounts
Mumbai
Summary
Maximum Utilization Of Professional Education & Talent, To Gain New Experience And Seek A Challenging Position
Overview
1
1
Language
13
13
years of professional experience
Work History
Manager Fleet Accounts
Fleet Management India Pvt Ltd
- Liaising with Ship Owners for funds recovery to strengthen cash position
- Preparation & checking of all the quarterly reports to Ship Owners /Management
- Follow up with technical team for clearing pending purchase orders and pending invoices for authorization
- Responsible for timely dispatch of monthly Statement of Accounts to Ship Owners
- Responsible for reconciliation of Balance Sheet items
- Handling a Team of 18 Fleet Accountants managing 320 ships by ensure disciplined & timely approach to achieving monthly targets.
Asst Manager Vessel Accounts
MTM Ship management (I) Pvt Ltd
- Supervision of cost plus and third-party owners for 21 vessels
- Owners point on contact for third party owners
- EPS / CIDO/ Tristar
- Preparation of Variance report of hires income and cost to company
- Preparation of fund utilization report in terms of funds received from vessel owners
- Perform daily accounting transactions such as creating, posting vouchers/Invoices
- Supervised and recorded operating expenses of Vessels/Company
- Maintain Accounts Receivable & Payable ledgers, checking, verifying and posting supplier invoices
- Checking and verification of crews portage bills/Provisions/Lubes reports received from vessels
- Reconcile financial ledgers and records, general and subsidiary ledgers and supporting schedules, research and resolve discrepancies
- Preparation of Monthly Operational Report for all Vessels and report to Management
- Preparation of bank reconciliation statement and related journal entries for variety of accounts
- Preparation of ageing report of all suppliers periodically and reconciled with suppliers SOA
- Preparation of Crew Payroll Logs for settling their wages and monitoring on same
- Assist with analyzing OPEX Management report on a monthly basis and report on variances
- Analyze financial records, reports and make adjustment entries wherever required
- Participation in Annual audit, compile and prepare supporting schedules, work papers, and financial reports as requested by auditors.
GM Finance
Pelagia Marine Services Pvt Ltd
Mumbai, Maharashtra
2018.01 - 2018.07
- Over all responsible for Monthly, Quarterly and Annual Group Financial & Performance Reports on consolidation/Combination basis
- Over all monitor and manage responsible for Group Audits and Financial Compliance issue
Finance Controller
Alphard Maritime Pte. Ltd.
Mumbai, Maharashtra
2016.10 - 2017.10
- Over all responsible for Monthly, Quarterly and Annual Group Financial & Performance Reports on consolidation/Combination basis
- Over all monitor and manage responsible for Group Audits and Financial Compliance issue
- Responsible for finalization of Alphard Group books
- AR Reporting & Management
- Financial Projection and Performance analysis for banking purpose
- Heading accounts team in India and reporting to Finance Directors in Dubai
Senior Accountant
Neyah Ship Management and Consultant DMCC
Dubai, Dubai
2016.03 - 2016.09
- Preparation of MIS Report on monthly basis
- Preparation of Variance report of hires income and cost to company
- Checking and verification of crews portage bills/Provisions/Lubes reports received from vessels
- Reconcile financial ledgers and records, general and subsidiary ledgers and supporting schedules, research and resolve discrepancies
- Preparation of Monthly Operational Report for all Vessels and report to Management
Senior Accounts Officer
Bernhard Schulte Ship Management(I)Pvt.Ltd.
Mumbai, Maharashtra
2011.12 - 2016.03
- Finalization of Trial Balances, Checking Of Statements Of Accounts, Monitoring day to day accounting activities, review of profit & loss account - Vessel Profitability & Crew Variances, Reporting to the management about the current account receivable positions of the Owners, bank reco
- Finalization of Balance Sheet, point of contact for the auditors & owners
- Checking & Actualization of Portage Bills
- Successfully handled International auditors for statutory and internal audit
Senior Accounts Officer
Bernhard Schulte Ship Management(Singapore)Pvt.Ltd.
Singapore, Singapore
02.2009 - 12.2011
- Finalization of Trial Balances, Checking Of Statements Of Accounts, Monitoring day to day accounting activities, review of profit & loss account - Vessel Profitability & Crew Variances, Reporting to the management about the current account receivable positions of the Owners, bank reco
- Finalization of Balance Sheet, point of contact for the auditors & owners
Fleet Accounts Officer
Bernhard Schulte Ship Management(I)Pvt.Ltd.
Mumbai, Maharashtra
08.2006 - 02.2009
- Checking & Actualization of Portage Bills
- Booking & authorization of Technical invoices
- Handling Supplier’s queries
- Preparation of Statement Of Accounts, Variance report & Management report
- Bank Reconciliations
- Online Payment to Various Suppliers.
Accounts Executive
Northern Marine Management (India) Pvt.Ltd.
Mumbai, Maharashtra
2005.05 - 2006.08
- Handling one of US based client CHEVRON MANNING SERVICES
- Financial Accounting: Handling computerized accounting system, monitoring accounting entries of bank book, petty cash book
- Verification of purchase order with purchase invoices.
Education
Bachelor of Commerce - Finance And Accounts
D.G.Ruparel College
Mumbai 04.2001 -
Skills
DIPLOMA IN COMPUTER EDUCATION AND MANAGEMENTundefined
Summary Of Qualification
- B.Com – Mumbai University in the Year 2002-03.
- H.S.C. – Mumbai Board in the Year 1999-2000.
- S.S.C.- Mumbai Board in the Year 1997-98.
Personal Information
- Date of Birth: 07/25/82
- Nationality: Indian
- Marital Status: Married
Disclaimer
I Hereby Declare That the Information Provided Above Is Correct To the Best Of My Knowledge
Playing Cricket
Professional Cricket Player represented Mumbai for U16 and U19 level. Played for Singapore President 11.
Timeline
GM Finance
Pelagia Marine Services Pvt Ltd
2018.01 - 2018.07
Finance Controller
Alphard Maritime Pte. Ltd.
2016.10 - 2017.10
Senior Accountant
Neyah Ship Management and Consultant DMCC
2016.03 - 2016.09
Senior Accounts Officer
Bernhard Schulte Ship Management(I)Pvt.Ltd.
2011.12 - 2016.03
Senior Accounts Officer
Bernhard Schulte Ship Management(Singapore)Pvt.Ltd.
02.2009 - 12.2011
Fleet Accounts Officer
Bernhard Schulte Ship Management(I)Pvt.Ltd.
08.2006 - 02.2009
Accounts Executive
Northern Marine Management (India) Pvt.Ltd.
2005.05 - 2006.08
Bachelor of Commerce - Finance And Accounts
D.G.Ruparel College
04.2001 -
Manager Fleet Accounts
Fleet Management India Pvt Ltd
Asst Manager Vessel Accounts
MTM Ship management (I) Pvt Ltd
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