Shubhangi Dete
Chartered Accountant
Pune,MH
Summary
Chartered Accountant with over 15 years of experience in finance, accounting, and compliance across manufacturing and service industries. A proven leader in building, mentoring, and managing high-performing finance teams to deliver accurate reporting, ensure compliance, and support strategic decision-making. Skilled in driving operational efficiency, aligning financial functions with business goals, and implementing process improvements across multi-site operations. Expertise in statutory audits, IND AS, IFRS, and US GAAP, with a strong focus on collaboration, team development, and cross-functional coordination.
Overview
18
18
years of professional experience
2014
2014
years of post-secondary education
3
3
Languages
Work History
Accounting Manager
Eaton Technologies Pvt. Ltd.
01.2023 - Current
- Lead and mentor a skilled finance team supporting plant controllers across multiple locations, ensuring accurate reporting and compliance with US GAAP and internal SOX controls.
- Foster a culture of ownership and risk awareness by embedding a 'Zero Gap' approach to identify and mitigate process vulnerabilities.
- Deployed and managed End-to-End (ETE) transition projects, ensuring smooth knowledge transfer, process documentation, and operational stabilization across global finance functions.
- Drive cross-functional collaboration for strategic initiatives and continuous process improvements in financial operations.
- Ensure adherence to corporate policies and audit readiness, working closely with internal and external auditors.
- Support the controller with special projects, system implementations, and workflow optimizations.
- Recognized with Quarterly and Monthly Awards for outstanding performance and leadership; honoured with the Annual 'Extra Mile – Best Accounting Manager 2024' Award for exceptional contributions to accounting excellence.
Senior Analyst – End-to-End Accounting
Eaton Technologies Pvt. Ltd.
01.2021 - 01.2023
- Managed month-end close activities, including journal entries, account reconciliations, variance analysis, and internal compliance checks.
- Oversaw fixed asset accounting, reporting, and reconciliation across business units.
- Supported statutory audits, SOX reviews, and DSA submissions by providing accurate schedules and documentation.
- Conducted intercompany reconciliations and resolved discrepancies in receivables/payables.
- Prepared monthly, quarterly, and annual financial reports to support strategic decision-making.
Account Manager
Sahyadri Industries Ltd.
01.2017 - 01.2020
- Company Overview: Manufacturer of fibre cement sheets, steel doors, and wind energy solutions
- Oversaw daily accounting operations including cash/bank reconciliations, AR/AP, fixed assets, payroll, and revenue/expense accounting, ensuring accurate and timely month-end and year-end closures.
- Led a team of finance professionals, promoting accuracy, accountability, and team collaboration across finance operations.
- Prepared and presented detailed MIS reports, cash flow and fund flow analyses, ratio trends, and financial forecasts to support business decisions.
- Successfully transitioned the organization to Indian Accounting Standards (IND AS), including reclassification and restatement of financials, and full compliance reporting (P&L, balance sheet, notes to accounts).
- Coordinated statutory, tax, and internal audits; ensured timely and accurate audit completion and effective resolution of auditor queries.
- Conducted competitor benchmarking and prepared quarterly investor presentations to support strategic planning and stakeholder communication.
- Ensured compliance with PF, ESIC, and PT payments and filings; managed TDS payments, returns, 26AS reconciliations, and responses to tax notices.
- Collaborated with CRISIL and ICRA for credit rating submissions, and prepared financial documentation for bank loans and renewals.
- Partnered with the Company Secretary for secretarial compliance and corporate governance reporting.
- Contributed to workflow improvement by designing and implementing new financial procedures and internal controls.
- Manufacturer of fibre cement sheets, steel doors, and wind energy solutions
Assistant Manager – Finance & Accounts
Precision Camshaft Ltd.
01.2016 - 01.2017
- Company Overview: Leading manufacturer and global supplier of camshafts for the automobile industry
- Played a key role in the organization’s transition to Indian Accounting Standards (IND AS), including the preparation of compliant financial statements and incorporation of adjustments and reclassifications.
- Prepared tax audit reports and transfer pricing documentation in accordance with statutory guidelines.
- Assisted with regulatory filings and submissions in response to Income Tax Department notices, ensuring timely and accurate responses.
- Verified and ensured timely TDS payments, returns, and reconciliation of tax-related data.
- Compiled and submitted financial data required for compliance with Non-Banking Financial Company (NBFC) registration requirements.
- Supported statutory audit procedures by providing relevant documentation and maintaining audit readiness.
- Strengthened accounting control frameworks and enhanced the accuracy of reporting through ledger reviews and process oversight.
- Leading manufacturer and global supplier of camshafts for the automobile industry
Manager – Finance & Accounts
Ulka Sea Foods Pvt. Ltd.
01.2015 - 01.2016
- Company Overview: Major seafood exporter with integrated cold chain operations and modern processing infrastructure
- Implemented a structured accounting and control framework to reduce manual workload, increase operational transparency, and ensure accurate financial reporting.
- Successfully introduced an automated inventory accounting system across stores, enabling real-time reconciliation of Purchase Orders (PO), Goods Receipt Notes (GRN), and Purchase Invoices across procurement, stores, and finance departments.
- Managed finalization of accounts, preparation of statutory financial statements, tax audit reports, and transfer pricing documentation in compliance with regulatory norms.
- Led ledger scrutiny, GL management, and monthly book closure processes to ensure data integrity and reporting accuracy.
- Conducted daily monitoring of receivables and monthly payables analysis, presenting actionable insights to management and resolving aged balances.
- Analyzed and reported monthly foreign exchange fluctuations and revaluation for debtors, creditors, and loans.
- Ensured timely vendor payments, reconciliations, and maintained effective vendor communication to support uninterrupted procurement cycles.
- Handled compliance filings for TDS, VAT, Service Tax, and the Annual Survey of Industries (ASI).
- Coordinated internal and statutory audits, ensuring prompt resolution of observations and successful audit closures.
- Prepared data for new credit limits, bank loans, property valuations, tax refunds, and liaised with financial institutions and regulatory bodies.
- Major seafood exporter with integrated cold chain operations and modern processing infrastructure
Audit & Tax Manager
H.S. Modak & Co.
01.2007 - 01.2015
- Company Overview: Chartered Accountancy firm offering audit, taxation, compliance, and advisory services across industries
- Independently conducted statutory, tax, and internal audits for clients in manufacturing, banking, education, construction, and charitable sectors.
- Finalized financial statements, including balance sheets, profit & loss accounts, cash flow statements, and notes to accounts, in compliance with applicable accounting standards.
- Prepared and reviewed tax computations and returns for individuals, partnerships, companies, banks, and trusts across direct and indirect tax frameworks (Income Tax, VAT, Service Tax, Excise).
- Drafted and filed Tax Audit Reports, MAT Reports, and Transfer Pricing Reports in line with statutory timelines.
- Advised clients on the latest regulatory changes and their practical implications; responded to tax authority queries and represented clients during assessments.
- Managed preparation of financial documentation for project financing, credit enhancement, and statutory certifications.
- Coordinated interest waiver certifications and credit compliance reports for agricultural and small business clients.
- Trained and supervised junior audit staff, providing technical guidance and conducting internal knowledge-sharing sessions.
- Actively contributed to the firm’s internal quality control systems and engagement review processes.
- Chartered Accountancy firm offering audit, taxation, compliance, and advisory services across industries
Education
Chartered Accountant (C.A.) -
The Institute of Chartered Accountants of India (ICAI)
Bachelor of Commerce (B. Com) - undefined
University of Mumbai
Skills
Leadership & Collaboration
Team Building & Mentorship Cross-Functional Coordination Internal Stakeholder Engagement Process Improvement & Standardization
Financial Management
Cash Flow & Working Capital Management MIS & Segment Reporting Fixed Asset Management
Accounting & Compliance
IND AS, US GAAP Audit Compliance (Statutory, SOX, Internal) Tax Audit, Return Filing & Regulatory Reporting Intercompany Accounting & Reconciliation
Operational Excellence
R2R, P2P, O2C Cycles ERP: SAP, Oracle, Tally Balance Sheet Review & GL Reconciliation IND AS Transition & Financial Consolidation
Analytical & Technical Skills
Ratio Analysis & Competitor Benchmarking Problem Solving & Critical Thinking MS Excel, Word, PowerPoint Internal Controls & Risk Management
Timeline
Accounting Manager
Eaton Technologies Pvt. Ltd.
01.2023 - Current
Senior Analyst – End-to-End Accounting
Eaton Technologies Pvt. Ltd.
01.2021 - 01.2023
Account Manager
Sahyadri Industries Ltd.
01.2017 - 01.2020
Assistant Manager – Finance & Accounts
Precision Camshaft Ltd.
01.2016 - 01.2017
Manager – Finance & Accounts
Ulka Sea Foods Pvt. Ltd.
01.2015 - 01.2016
Audit & Tax Manager
H.S. Modak & Co.
01.2007 - 01.2015
Bachelor of Commerce (B. Com) - undefined
University of Mumbai
Chartered Accountant (C.A.) -
The Institute of Chartered Accountants of India (ICAI)