Satish Somnath Satpute
Hadapsar
Summary
Detail-oriented accounting professional with specialization in financial accounting and over 14 years of experience. Proven track record in enhancing business processes to drive profitability and operational efficiency. Expertise in ERP systems, advanced Excel, and analytical tools, ensuring accurate financial reporting and compliance. Strong leadership skills with a focus on establishing guidelines and fostering team satisfaction to achieve organizational objectives.
Overview
18
18
years of professional experience
3
3
years of post-secondary education
Work History
Assistant Manager – Accounts & Finance
Lokmanya Hospitals Pvt. Ltd
Pune
12.2025 - Current
- Coordinated cross-departmental efforts for accurate, timely financial reporting.
- Managed end-to-end accounting operations, ensuring compliance and supporting audits.
- Oversaw TDS, GST, EPF, and professional tax calculations and regulatory filings.
- Supervised bank reconciliations, vendor settlements, and payment transaction workflows.
- Collaborated with auditors and management for account finalization and compliance reviews.
- Monitored MIS reporting, cash flow management, and debtor follow-ups to enhance efficiency.
Executive – Accounts & Finance
K E M Hospital
Pune
09.2019 - 11.2025
- Prepared bank reconciliation statements and coordinated with banks.
- Executed debit and credit card reconciliations.
- Compiled supplier reconciliation statements for multiple suppliers.
- Booked fixed asset invoices efficiently.
- Processed supplier and doctor payments via cheque or ECS, including invoice bookings.
- Managed GST calculations, TDS payments, and tax return filings.
- Approved daily cash flow statements and vendor registration entries.
- Addressed audit queries via email to facilitate finalization processes.
Accounts Executive
Inamdar Multispecialty Hospital
Pune
01.2012 - 08.2019
- Accounts Payable, Accounts Receivable, General Ledger Accounting, Finalisation of Accounts
- Prepared profit & loss statements, balance sheets, and monthly budget reports to support financial decision-making.
- Preparing the Income & Expenses A/c, Monthly Budget & Balance Sheet
- Managed the payment schedule for all workers on a monthly basis.
- Supplier, Doctors, Salary Payments and Reconciliation- Cheque/ECS
- Preparing Supplier Reconciliation Statements for various suppliers
- Handling Audit Queries, Replies to the queries through mail.
- Calculation of TDS Reports & other Regular Report Preparing.
- GST Working and Payment, TDS Working, Payment and Return Filling, Profession Tax Payment and EPF Payment.
- Knowledge up to finalization of accounts i.e. Entries of Depreciation, provisions, etc.
- Knowledge of costing, Cost Audit, Internal Audit
- Executed day-to-day accounting entries in Tally ERP 9.0 for streamlined financial tracking.
- Preparing the credit note & Debit note
- Handling Petty Cash & maintaining Records
- Preparing Bank Reconciliation statement & Co-ordination with Bank
- Delivered daily updates to management team regarding financial status.
Accounts Assistant
Franke Faber India Ltd
Pune
11.2010 - 12.2011
- Sales Order Booking in Data Bank Software.
- Preparing the price Breakup
- Preparing the Price Difference Report & checking of the daily Price Sheet
- Approval to Credit Control Dept. of Daily Sales Amount Various Distributors.
- Maintaining Record of Receipt & Payment Register
- Handling Petty Cash & maintaining Records
- Preparing Supplier Reconciliation Statements for various suppliers
- Supplier Invoice, Payments and Reconciliation
- Preparing monthly reports for due outstanding invoices.
- Month-to-month Stock Mismatch Updating & Verification.
- Month to Month Inventory Report Updating Of Two Units
- Sales Accounting. Intercompany & inter-branch Balance Confirmation.
- Purchase Booking in Oracle.
- Handling Audit Queries, Replies to the queries through mail.
- Working Handling MIS Reporting
- Preparation of the VAT Refund / payable statement & calculation of the Excise Duty.
Account Assistant
The Ganga Village Co. Op. Hsg. Soc. LTD
Pune
05.2010 - 10.2010
- Prepared profit & loss statements, balance sheets, and monthly budgets to provide financial clarity and support decision-making.
- Prepared monthly reports detailing outstanding invoices to ensure timely follow-up.
- Supplier Invoice, Payments and Reconciliation
- Preparing Supplier Reconciliation Statements for various suppliers
- Executed supplier invoice processing and payment management for accurate financial records.
- Preparing Bank Reconciliation statement & Coordination to Bank
- Handling Day-to-Day Purchase & Sales Entry in Tally ERP 9.0.
- Updated receipt and payment register regularly to ensure accurate financial records.
- Addressed audit queries efficiently during reviews.
Account Assistant
Butte Associate (Tax Consultants)
Pune
03.2008 - 04.2010
- Completed preparation of bank reconciliation statement to ensure accurate financial records.
- Addressed audit queries to ensure compliance and transparency in financial reporting.
- Preparation of the VAT Refund / payable statement
- Prepared profit & loss accounts and balance sheets for various assesses, ensuring accurate financial reporting.
- Prepared VAT refund and payable statements, facilitating compliance with tax regulations.
- Managed all accounting and taxation responsibilities to ensure accurate financial reporting.
Education
M.Com. - Advanced Accounting & Taxation(A)
University of Pune
07.2008 - 01.2011
B.Com. - Cost & Works Accounting
University of Pune
H.S.C. -
Pune Board
S.S.C. -
Pune Board
Skills
- Financial reporting and accounting
- Accounts receivable and payable management
- Statutory compliance (GST, TDS, PT, EPF)
- Cash flow management
- Financial analysis and reporting
- Finalization of accounts
- Salary accounting and payroll processing
- Internal controls and audit coordination
- Supplier reconciliation and vendor management
- General ledger management
- Depreciation and fixed asset accounting
- Expense control and budget monitoring
- Credit control and debt management
- Process improvement in ERP systems
- Tax compliance management
Hobbies and Interests
- Travelling
- Watching Cricket
- Making New Friends
Projects
Income Tax Planning for Ten Assesses, Project of Six months at Butte Associate, Location Office, for University of Pune as a part of M.com Course
Disclaimer
I hereby declare that all information furnished by me is true to the best of my knowledge and belief.
Languages
- Hindi
- Marathi
- English
Personal Information
Date of Birth: 02/02/87
Languages
Marathi, English, Hindi
First Language
Timeline
Assistant Manager – Accounts & Finance
Lokmanya Hospitals Pvt. Ltd
12.2025 - Current
Executive – Accounts & Finance
K E M Hospital
09.2019 - 11.2025
Accounts Executive
Inamdar Multispecialty Hospital
01.2012 - 08.2019
Accounts Assistant
Franke Faber India Ltd
11.2010 - 12.2011
Account Assistant
The Ganga Village Co. Op. Hsg. Soc. LTD
05.2010 - 10.2010
M.Com. - Advanced Accounting & Taxation(A)
University of Pune
07.2008 - 01.2011
Account Assistant
Butte Associate (Tax Consultants)
03.2008 - 04.2010
B.Com. - Cost & Works Accounting
University of Pune
H.S.C. -
Pune Board
S.S.C. -
Pune Board