Sapthashree Ditta
Finance Manager
Bangalore,KA
Summary
I am seeking a challenging role where my comprehensive 15-year tenure as a Financial and Accounts Manager, with total of 21 years professional experience in the accounting field, can be leveraged to strengthen an organization’s financial backbone. My well-rounded understanding of bookkeeping records, financial transaction tracking & planning, maintaining records sets me apart. Having a proven record in identifying and maximizing business opportunities, my capabilities extend to strategic budgeting aimed at profit maximization. I am a strong believer in the power of teamwork and consistently strive to achieve excellence. I have the expertise to establish strategic priorities, offering clear and perceived strategic direction.
Overview
24
24
years of professional experience
5
5
Languages
Work History
Finance Manager
Sagar Pictures Entertainment Private Limited
03.2025 - Current
- Strengthened internal controls through regular audits and adherence to regulatory requirements.
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Negotiated favorable terms with vendors, resulting in significant cost savings for the company.
- Enhanced budget management by implementing expense tracking and cost reduction strategies.
- Processed invoices and contacted appropriate parties for timely payment receipt.
- Optimized cash flow with diligent monitoring of accounts receivable and payable.
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Developed comprehensive financial reports for executive decision-making support.
- Mentored junior finance staff, fostering professional development and strong team dynamics.
- Increased financial efficiency by streamlining and automating financial reporting processes.
- Executed vendor setup and payment, administration of bank accounts and account reconciliations.
- Reviewed documentation and identified financial discrepancies where applicable.
- Streamlined month-end close process, reducing time spent on manual tasks and improving data accuracy.
- Ensured compliance with local, state, federal tax regulations; timely filing of all required documents, mitigating potential penalties or fines.
- Led negotiations for major contracts, achieving favorable terms and significant cost savings.
- Implemented cost-control measures that substantially decreased unnecessary expenditures.
- Negotiated with suppliers to improve payment terms, enhancing cash flow management.
- Developed strategic plans for day-to-day financial operations.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
- Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Coordinated with external auditors to ensure smooth and compliant audit process each fiscal year.
Accounts Manager
M/s Wecred Technologies Pvt Ltd - Weshare Fintech Group
01.2020 - Current
- Responsible for managing the general accounting of income and expenditure, including the management of bills payable and bills receivable processes.
- Responsible for generating B2B and B2C sales invoices and recording bank payments and receipts in Tally ERP & Quick Books.
- Conduct regular bank reconciliation statements and vendors ledger reconciliation.
- Prepare cash flow statements and accurately account for tax liabilities such as GST, professional tax, provident fund, and tax deducted at source.
- File monthly/quarterly & yearly returns for GST, professional tax, and TDS.
- Manage employees' payroll and prepare reimbursement statements.
- Coordinate with the audit team for audit purposes and ensure compliance with ROC regulations and filing deadlines.
- Prepare relevant documents for outward remittances and review books regularly, presenting reports to management.
- Maintaining fixed assets recording system and tracker.
- M/s Wecred Technologies Pvt Ltd is a Service Provider in Lightening Digital Loan by Data driven analytics and Technology (Fintech Industry).
- Management Reporting
- Daily monitoring of debtor and creditor accounts to track and manage payments.
- Consolidation and reporting of revenue, along with reconciliation to ensure accuracy.
- Follow-up on outstanding debts and providing regular reports to management.
- Preparation of cashflow statement and effective treasury management.
- Monthly preparation of financial statements, including analysis data, business data, and supporting schedules for profit and loss and balance sheets.
- Reconciliation of GST statements monthly for management review.
Accounts Manager
M/s International Money Matters Pvt Ltd
09.2009 - 12.2019
- Managed general ledger, accounts receivable, accounts payable, and bank reconciliations to provide up-to-date financial status.
- Prepared purchase orders and invoices while tracking them closely to optimize cash flow.
- Produced insightful sales reports to inform business decisions.
- Maintained accurate client records in database and ensured timely filing of taxes.
- Processed payroll smoothly including reimbursements to maintain positive employee relations.
- Reconciled vendor accounts against job orders to control costs.
- Partnered with auditors to deliver timely financial audits.
- Monitored financial compliance deadlines and filings to avoid penalties.
- Handled inward/outward remittances and fixed asset tracking.
- Analyzed books regularly and presented recommendations to senior leadership.
- Supported multiple branches and facilitated interbranch reconciliations.
- M/s International Money Matters Pvt Ltd is a Service Provider in Financial Planning and Investments Advisory.
- Management Reporting
- Monitored daily collection tracking to ensure timely payments.
- Consolidated revenues and prepared comprehensive financial reports.
- Tracked debtor accounts and generated detailed reports on payment status.
- Developed sales team performance trackers to measure and optimize results.
- Updated Finance Head and Treasury daily on cash flow status for liquidity management.
- Created cost control trackers comparing actual expenditures to budgets for variance analysis.
Senior Accountant
Clearock Enterprises Pvt Ltd.
04.2005 - 08.2009
- M/s Clearock Enterprises Pvt Ltd is a Company dealing with manufacturing and Trading of Consumer products.
Accounts Executive
Millennium Lifestyle Pvt Ltd.
05.2002 - 04.2005
- M/s Millennium Lifestyle Pvt Ltd is a Company Trading in Imported Furniture product.
Education
Bachelor of Commerce -
St. Anne's College
Bangalore01-2000
Skills
Accounting
Financial Accounting
Accounts Receivable
Accounts Payable
Cash Flow
General Ledger Accounting
GST
TDS
Bank Reconciliation
Invoicing
Financial Planning
Internal Controls
Budgeting and Forecasting Variance Analysis
Financial Statements Analysis
Process & SOP Implementation
Reporting
Data Analysis
MIS Reporting
Financial Reporting
Auditing
Financial Audit
Internal Audit
Tax Filing
TDS
Income Tax
GST
ESIC
EPF
Professional Tax
ERP & Tools
Tally ERP
Quick Books
Zoho Books
Advance Excel
Cash Flow Management
Financial Administration
Cash flow management
Timeline
Finance Manager
Sagar Pictures Entertainment Private Limited
03.2025 - Current
Accounts Manager
M/s Wecred Technologies Pvt Ltd - Weshare Fintech Group
01.2020 - Current
Accounts Manager
M/s International Money Matters Pvt Ltd
09.2009 - 12.2019
Senior Accountant
Clearock Enterprises Pvt Ltd.
04.2005 - 08.2009
Accounts Executive
Millennium Lifestyle Pvt Ltd.
05.2002 - 04.2005
Bachelor of Commerce -
St. Anne's College
CONTACT
- L B Shastri Nagar, HAL Post Bangalore – 560 017
- +91 9739398621
- Sapthashree@gmail.com
- Sapthashree0406
PERSONAL TRAITS
- Honest
- Accountable
- Diligent & Organized
- Ethical & Loyal
- Punctual
- Team Player