SUJAY GITAYE

BANKING:

• Handled foreign exchange remittances (Both inward and outward).
• Close interaction with the bank treasury team for forex rate and forward contract deals to hedge FCY exposure.
• Dealt with bank for various pre-shipment loans in FCY, as well as INR.
• Lodging of export bills with the bank and closure of the same through e-BRC.
• Monthly review of AD Banks EDPMS and IDPMS data and closure of the outstanding export/import bills.
• Investing excessive funds with a bank in products such as FD, Arbitrage Funds, etc.
• Submission of stock and book debts data to the bank on a monthly basis for limits availed from the bank.
• Actively involved in interest rate negotiation with banks for working capital limits.

ACCOUNTS AND FINANCE :

• Identified and implemented cost saving measures to improve operational efficiency (such as express feeder/ STOA solar and wind)
• Prepared periodic financial reports to senior management.
• Managed the accounts payable process ensuring accuracy and timeliness of payments.
• Coordinated with external auditors in completion of annual audit requirements.
• Reviewed monthly bank reconciliations to ensure accuracy of account records.
• Maintained general ledger accounts including journal entries and accruals.
• Resolved customer inquiries regarding invoices or payment issues.
• Calculated and prepared checks for utilities, taxes, and other payments.
• Coordinated cross-functional teams to drive efficiency and effectiveness in financial operations.
• Checked payroll, vendor payments and other accounting disbursements for accuracy and compliance.

TAX MATTERS :

• Prepared and filed taxes for individuals, corporations, and other entities.
• Personally appeared before revenue authorities for assessments and appeals, including, but not limited to, drafting of Grounds of Appeal and Statement of Facts.
• Periodically working of advance tax and self-assessment tax payment.
• Timely payment of TDS and TCS.
• Working of GST for GSTR 1 and GSTR 3B.
• Responsible for monthly payment of ESIC, Provident Fund, and Profession Tax.

BUREAUCRACY :

Actively involved with the following departments,

a. MIDC:

- For land allotment and water-related issues, such as direct discharge permission.

b. MSEDCL:

For review of annual electrical inspection.

- Solely appeared and concluded case before IGRC (Internal Grievance Redressal Cell).

c. CETP:

- For discharge of effluent and monthly bill payment.

d. MPCB :

- Follow up for Consent to operate (renewal).

- Dealing with authorities in case of closure notice.

e. Directorate of Industrial Safety and Health :

- Annual boiler inspection.

- Annual factory safety and hazardous audit.

f. DGFT :

- Submission of reply in response to Deficiency letter (DL) for query raised in connection with export Incentives (RoDTEP).

ANCILLARY :

- Dealt with customers for price negotiation and handhold till despatch of goods.

- Dealt with suppliers for rate negotiation and pushed for timely deliverables.

• Assisted in the preparation of income tax returns for individuals and businesses.
• Prepared financial statements in accordance with Generally Accepted Accounting Principles.
• Evaluated internal controls over financial reporting to ensure accuracy of books and records.
• Assisted with audits by collecting digital and physical records and conducting both manual and computer-assisted reviews.
• Performed audits of operational and financial areas to check compliance.
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