Rashmi Choudhary
Bengaluru
Summary
Seasoned finance manager with a proven track record at Godrej Properties Limited, excelling in financial reporting, statutory compliance, and enhancing team efficiency. Demonstrated success in audit handling and fostering cross-functional collaboration, achieving a 28% reduction in DSO. Skilled in financial planning and analysis, with a knack for driving strategic decisions and optimizing financial health.
Overview
12
12
years of professional experience
Work History
Manager-Finance
Godrej Properties Limited
Bengaluru
11.2024 - Current
- Prepared and finalized accounts in accordance with Companies Act requirements, ensuring accuracy and compliance
- Led Statutory Audit engagements with Big4 firms, ensuring compliance with regulatory requirements and best practices
- Oversaw monthly, quarterly, and yearly closing of books of accounts, including supervising day-to-day financial activities, fostering efficiency and accountability within the finance team, Management Information System (MIS) reporting, and group reporting within strict timelines
- Assisted in financial analysis, budget preparation, forecasting, and collaborative development of departmental budgets for strategic decision-making, ensuring optimal financial health and alignment with organizational goals
- Conducted variance analysis between actual financial performance and forecasts to identify trends and optimize financial outcomes
Consultant
Bangalore
07.2023 - 10.2024
- Assisted clients with company incorporation and legal formalities with MCA
- Managed client accounts and implemented financial processes and workflows for improved efficiency and accuracy
- Ensured timely Tax compliance with relevant tax regulations
- Prepared and delivered various financial and performance reports as per client needs
- Supported clients audit closure by liaising with auditors and ensuring compliance with statutory requirements
Manager-Finance
Dura-line India Private Limited
Bengaluru
04.2022 - 05.2023
- Led Statutory Audit, Tax Audit, and Transfer Pricing engagements with Big4 firms, ensuring compliance with regulatory requirements and best practices
- Prepared and finalized accounts in accordance with Companies Act requirements, ensuring accuracy and compliance
- Oversaw monthly, quarterly, and yearly closing of books of accounts, including supervising day-to-day financial activities, fostering efficiency and accountability within the finance team, Management Information System (MIS) reporting, and group reporting within strict timelines
- Assisted in financial analysis, budget preparation, forecasting, and collaborative development of departmental budgets for strategic decision-making, ensuring optimal financial health and alignment with organizational goals
- Conducted variance analysis between actual financial performance and forecasts to identify trends and optimize financial outcomes
- Worked closely with external auditors during annual audits to ensure adherence to accounting standards and regulatory compliance
- Headed finance functions, determining financial objectives, designing and implementing systems, policies and procedure to facilitate internal financial control
Assistant Manager-Finance
ALPHA ASSEMBLY SOLUTIONS
Chennai
12.2016 - 03.2022
- Successfully implemented SOX compliance process within the company, risk assessment, process documentation
- Collaborated closely with cross-functional teams to communicate audit findings and implement corrective actions, ensuring continuous improvement of internal control environment and achieved audit completion with zero deviations
- Implemented strategic initiatives resulting in a 28% reduction in DSO, optimizing cash flow and liquidity management and reduction in bad debt expenses
- Produced monthly and quarterly reports presenting detailed financial data to support strategic planning and operational decisions by management
- Executed core financial processes focusing on both customer-centric and company-oriented financial activities
- Oversaw monthly, quarterly, and yearly closing of books of accounts, including supervising day-to-day financial activities, fostering efficiency and accountability within the finance team, Management Information System (MIS) reporting, and group reporting within strict timelines
- Managed Forecasting, Budgeting, Variance Analysis, and Cash Flow to ensure financial stability and support decision-making processes
- Conducted Credit and Sales Analysis to assess financial health and performance metrics for the period
- Collaborated with cross-functional departments to assess the current status of accounts and support financial planning initiatives
- Performed variance analysis between actual results and budgets, identifying discrepancies and proposing corrective actions
- Prepared financial reports and presentations for management review, highlighting key performance indicators and trends
- Led SOX Audit, Statutory Audit, Tax Audit, Transfer Pricing, and Internal Audit engagements with Big4 firms, ensuring compliance with regulatory requirements and best practices
- Prepared and finalized Financial Statements in accordance with Companies Act guidelines, ensuring accuracy and compliance
- Assisted in leading finance functions, setting financial objectives, and implementing systems, policies, and procedures to strengthen internal financial controls
Asst Manager-Finance
YCH LOGISTICS INDIA PVT. LTD.
Chennai
08.2012 - 12.2016
- Oversaw timely and accurate closure of Monthly/Quarterly/Yearly books of accounts, ensuring adherence to accounting principles and company policies
- Coordinated with cross-functional teams to implement preventive and corrective actions as required
- Managed Statutory Audit, Tax Audit, Transfer Pricing Audit, and Internal Audit processes, ensuring compliance and timely completion
- Directed Cash Flow Management, forecasting, and analysis to optimize liquidity and financial stability
- Handled Statutory Litigations and ensured proactive resolution in compliance with legal requirements
- Supervised General Ledger activities, provisions, accruals, and preparation of Management Information Systems (MIS) reports within strict timelines
- Ensured record-keeping practices met audit and regulatory standards
- Collaborated effectively with external auditors during annual audits, ensuring compliance with accounting standards and regulations
- Prepared Financial Statements in accordance with Companies Act guidelines
- Conducted Compliance Health-Check Up to monitor and ensure adherence to regulatory requirements
- Implemented Dashboard for efficient monitoring and reporting of key financial metrics
- Prepared Quarterly Financial Reports for corporate stakeholders, facilitating informed decision-making
- Reviewing payments in Oracle system, ensuring accuracy and compliance with policies
- Managed Direct Tax, Service Tax, GTA, and CENVAT Credit compliance and ensured timely payments
- Conducted analysis of Fixed Assets, calculating Depreciation accurately
- Conducted thorough scrutiny of General Ledger and implemented corrective measures as necessary
- Managed Payroll Accounting processes, ensuring accuracy and compliance with statutory requirements
Education
CA -
Institute of Chartered Accountants of India
07-2011
B. Com (Hons.) - Calcutta University
Seth Anand Ram Jaipuria College
Skills
- Financial & Accounting Management
- Financial Reporting
- Statutory Compliance
- Process development
- Communication skills
- Financial Planning and Analysis
- Budgeting and Forecasting
- Variance Analysis
- Audit Handling
- Team Handling
- Audit Handling
- Team Handling
Languages
- English
- Hindi
- Bengali
Trainingandrecognition
- General management and communication skills, ICAI, 09/01/11
- Accounting technician certificate, ICAI, 01/01/09
- Information & technology training, ICAI, 01/01/06
- Certificate of Appreciation in Clearing PWC and RSM SOX Audit
- Certificate on Fundamentals of Corporate Credit (CARE)
Timeline
Manager-Finance
Godrej Properties Limited
11.2024 - Current
Consultant
07.2023 - 10.2024
Manager-Finance
Dura-line India Private Limited
04.2022 - 05.2023
Assistant Manager-Finance
ALPHA ASSEMBLY SOLUTIONS
12.2016 - 03.2022
Asst Manager-Finance
YCH LOGISTICS INDIA PVT. LTD.
08.2012 - 12.2016
CA -
Institute of Chartered Accountants of India
B. Com (Hons.) - Calcutta University
Seth Anand Ram Jaipuria College
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