Playing Cricket, Chess & Carom; Riding Bike
Sridhar Deshpande
Accounts And Finance
Summary
Results-driven Accounts & Finance Manager experienced in financial statement review, auditing and reporting. Well-versed in producing reports, evaluating department operations and handling month- and year-end closings. Meticulous, conscientious and methodical in approach. To seek and maintain full-time position that offers professional challenges utilizing interpersonal skills, excellent time management and problem-solving skills.
Overview
24
24
years of professional experience
8
8
years of post-secondary education
1
1
Language
Work History
Finance Manager
Shiprocket Omuni Pvt Ltd (Formerly Know As Arvind Internet Ltd)
Bangalore
07.2022 - Current
- Created organizational structures to improve accounting and finance functions.
- Prepared budgeted cash flow unit-wise and monitor cashflow and optimizing liquidity and achieving financial objectives.
- presented financial reports (Ind AS) for informed decision- making and timely closure of books on a monthly & Annual basis with complete accuracy.
- Managing financial transactions - debtor's & Creditors aging reports, enhancing collection processes and buyer communication; working capital governance – including unbilled reductions, timely invoicing & improving debt aging and bills payable optimizing payment schedules, Employees payables, cost controlling.
- Chart of accounts & trial balance control, Ledger reviews. Fixed Asset – capitalization of assets, reconciliation of assets cost, and depreciation / amortization.
- Coordinated entity transfer / acquisition/Merger accounting process, demonstrating adept understanding of transaction flows.
- Successfully migrated data from SAP Hana to Oracle NetSuite, ensuring GL balances matched accurately.
- Executed vendor setup and payment, administration of bank accounts and account reconciliations.
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Supported operations management, sales, and marketing efforts to increase revenue and overall financial health.
- Processed invoices and contacted appropriate parties for timely payment receipt.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Researched and facilitated software integration to streamline accounting and financial processes.
- Completed filings and upheld strict compliance with regulatory agencies and supervisors.
Accounts & Finance Manager
Arvind Ltd - Group Of Companies (Garment Manufacturing & E-commerce)
Bangalore
12.2011 - 06.2022
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Presented financial reports (Ind AS) for informed decision-making and timely closure of books on a monthly & Annual basis with complete accuracy
- Managing financial transactions - debtor's & Creditors aging reports, enhancing collection processes and buyer communication; working capital governance - including unbilled reductions, timely invoicing & improving debt aging and bills payable optimizing payment schedules, Employees payables, cost controlling
- Banking/treasury operations - domestic and overseas transactions and reconciliations
- Chart of accounts & trial balance control, Ledger reviews & analysis.
- Fixed Asset - capitalization of assets, reconciliation of assets cost, and depreciation / amortization
- Coordinated entity transfer / acquisition/Merger accounting process, demonstrating adept understanding of transaction flows
- Successfully migrated data from SAP Hana to Oracle NetSuite, ensuring GL balances matched accurately
- Led monthly GST and TDS filings and liaised with auditors for closure of audits
- Guided inter-division reconciliations, vendors, Customers enhancing overall accounting accuracy
- Facilitated order closure reports (OCR) with value loss assessments for informed decision-making
- Developed strategic plans for day-to-day financial operations.
- Improved overall financial reporting by streamlining control processes and reporting structures.
- Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
- Established internal audit procedures to validate and improve accuracy of financial reporting.
- Coordinate with Internal and external audits, ensuring compliance with financial regulations, audit documentation and responding to audit queries.
Accounts & Finance Assistant Manager
Integra Apparels & Textiles Private Limited
Bangalore
07.2007 - 12.2011
- Prepared and presented budgeted cash flow reports, regularly analyzing actual vs Budget
- Managed day-to-day accounts, banking transactions, and forex dealings Inward and outward
- Optimized debtor aging processes and streamlined payment procedures
- Coordinated bills payable aging and handled periodic value loss in production processes
- Submitted monthly stock statements for accurate reporting
- Oversaw insurance-related matters and renewals
- Conducted OCR analysis to assess value loss in production processes
- Achieved successful capital subsidy sanctioned outcomes in ESI cases.
- Helped with planning schedules and delegating assignments to meet coverage and service demands.
- Mentored team members to enhance professional development and accountability in workplace.
Executive Internal Auditor
Jindal Aluminum Limited
Bangalore
01.2002 - 06.2007
- Conducted internal audits, verifying books of accounts and supporting documentation
- Reviewed budgets and reported on financial performance
- Collaborated with statutory auditors and intercompany accounts
- Prepared audit schedules and aged reports for debtors and creditors.
- Identified control gaps in processes, procedures and systems through in-depth research and assessment and suggested methods for improvement.
- Performed observations and evaluated supporting documents to supplement audit findings.
- Developed audit policies, guiding administrative and technical functions.
- Followed established auditing processes to meet internal and regulatory requirements.
- Assessed internal control risks of network through information system audits.
- Interviewed auditees to gather data needed to conduct audits.
- Analyzed data and findings to prepare reports detailing financial information.
- Compiled general ledger entries on short schedule with 100% accuracy.
- Provided journal entries and performed accounting on accrual basis.
Accountant
Mallige Medical Center
Bangalore
04.2000 - 01.2002
- Managed 100 Bedded Hospital - day-to-day accounts, banking transactions.
- Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations.
- Reconciled accounts and reviewed expense data, net worth, and assets.
- Submitted monthly stock statements to banks & ensuring accurate reporting.
- Gathered financial information, prepared documents, and closed books.
- Handled day-to-day accounting processes to drive financial accuracy.
- Used advanced software to prepare documents, reports, and presentations.
- Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
- Trained new employees on accounting principles and company procedures.
- Tracked funds, prepared deposits and reconciled accounts.
- Maintained integrity of general ledger and chart of accounts.
- Provided journal entries and performed accounting on accrual basis.
- Compiled general ledger entries on short schedule with 100% accuracy.
Education
P G DIPLOMA IN FINANCE AND ADMINISTRATION - Accounting And Finance
MES COLLAGE - BANGALORE UNIVERSITY
Bangalore 06.2003 - 06.2005
CA Articleship - ACOUNTS, TAXATION, AUDITING, REPORTING
K. K. ATTAL & ASSOCIATES
BIDAR, KARNATAKA 06.1996 - 06.1999
BACHULAR OF COMMERCE - ACCOUNTS, COSTING, FINNANCE AND TAXATION
KARNATAKA COM. COLLEGE - GULBARGA UNIVERSITY
06.1991 - 04.1994
Skills
M S OfficeReconciliations - Bank accounts, Inter divisions, Debtors & VendorsFinancial Statements - Ind AS, COA, GL's, Treasury/Banking, Analyzing Financial data, TDS, GSTMaintaining good working relationships with auditors, bankers, tax authorities, and other relevant institutions
Employee performance evaluations
Business administration
Financial Management
Staff supervision
Negotiation
Excellent Communication
Teamwork and Collaboration
Revenue Generation
Relationship building and management
Process implementation
Familiar with account coding
Financial analysis and reporting
Interests
Personal Information
- Place of Birth: Raichur Karnataka
- Date of Birth: 05/31/67
- Gender: Male
- Nationality: INDIAN
- Driving License: KA3819940001225
- Marital Status: Married
- Passport No. Y9680678
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline
Finance Manager
Shiprocket Omuni Pvt Ltd (Formerly Know As Arvind Internet Ltd)
07.2022 - Current
Accounts & Finance Manager
Arvind Ltd - Group Of Companies (Garment Manufacturing & E-commerce)
12.2011 - 06.2022
Accounts & Finance Assistant Manager
Integra Apparels & Textiles Private Limited
07.2007 - 12.2011
P G DIPLOMA IN FINANCE AND ADMINISTRATION - Accounting And Finance
MES COLLAGE - BANGALORE UNIVERSITY
06.2003 - 06.2005
Executive Internal Auditor
Jindal Aluminum Limited
01.2002 - 06.2007
Accountant
Mallige Medical Center
04.2000 - 01.2002
CA Articleship - ACOUNTS, TAXATION, AUDITING, REPORTING
K. K. ATTAL & ASSOCIATES
06.1996 - 06.1999
BACHULAR OF COMMERCE - ACCOUNTS, COSTING, FINNANCE AND TAXATION
KARNATAKA COM. COLLEGE - GULBARGA UNIVERSITY
06.1991 - 04.1994