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 Officeundefined
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
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