VAIBHAV RADADIYA

Finance and Accounts.

• Maintained accounts payable and receivable records ensuring timely payments are made.
• Coordinated with other departments within the organization regarding budgeting matters.
• Analyzed financial data to determine efficient use of resources.
• Managed financial transactions involving general funds and contracts to reduce cashflow challenges.
• Calculated and prepared checks for utilities, taxes, and other payments.
• Analyzed actual financial results vs budget to prepare variance reporting to functional groups.
• Prepared financial documents such as budgets, forecasts and reports.
• Reviewed and analyzed budget variances to ensure accuracy of financial information.
• Monitored cash flow to ensure sufficient liquidity.
• Conducted risk management assessments and created strategies to minimize potential risks.
• Assisted in the development of internal controls to protect company assets.
• Analyzed complex financial data and generated meaningful reports for senior management.
• Identified opportunities for cost savings through process improvements and automation initiatives.
• Evaluated existing processes within the finance department and identified areas for improvement.
• Collaborated with external auditors during annual audits to ensure accuracy of financial statements.
• Established relationships with banking partners to secure favorable terms on financing arrangements.
• Developed forecasting models utilizing historical data trends to predict future revenues and expenses.

Banking

• Managed daily banking activities.
• To obtain a sanction letter from banks, as per the management requirements.
• Verification and Reviewing of Sanction Letter of all the Terms and Conditions Mentioned therein.
• Maintaining a Good Relationship with Bankers.
• Fulfillment of all the banking documents as and whenever required by the banks.
• Submitting Yearly, Half-yearly, Quarterly, and Monthly Documents Compliances of banks.
• Takeover of Finance from one bank to another bank.
• Worked with SBI, HDFC, ICICI, AU Bank, and other financial institutions.
• Making and preparing of foreign payments with all the documents as per banks, FEMA, and RBI guidelines.
• Lodgment of Shipping Bills and Closure of the same as per the RBI Guidelines.
• Closure of Bill of Entry, as per the RBI Guidelines.

Government Affairs Liaison

• Created and maintained relationships with key officials in the public sector.
• Provided guidance on legislative, regulatory, and policy matters to ensure compliance with relevant laws.
• Conducted research and analysis of current policies, regulations, and legislation.
• To obtain all the necessary licenses required for the new firm, such as PF Registration, ESIC Registration, Factory License, Udyam Aadhar, Fire NOC, etc.
• To Obtain Import-Export Certificate and Registration of AD Code and ICEGATE.
• All the work regarding land, such as purpose change of land, sale deed, and verification of such, etc.
• To obtain a town planning map, Mapni sheet, property card, and 7/12.
• Obtaining and reporting yearly EOU License.

Human Resource and Administrative.

• Conducted background checks and reference checks of prospective employees.
• Created job postings, tracked applicants and maintained applicant database.
• Provided guidance on labor law compliance issues such as FMLA, ADA, Title VII.
• Managed payroll processing activities including timekeeping data entry, benefits administration, garnishments, tax withholdings.
• Implemented new software programs designed to streamline operations within departments such as Human Resources or Accounting.
• Maintained employee records in accordance with company policy and applicable legal requirements.
• Assisted in the development of performance management systems including goal setting, performance reviews, corrective action plans and disciplinary procedures.
• Developed compensation packages that are competitive yet cost effective for the organization.
• Resolved conflicts between different departments or personnel using sound judgment to maintain a harmonious work environment.
• Evaluated current HR processes and recommended changes when necessary to improve efficiency.
• Ensured compliance with federal, state and local employment laws.
• Worked with management to create performance measurement, employee development and employee compensation strategies.
• Directed HR programs, policies and processes to improve operational efficiency.
• Recruited new employees and built relationships, driving visibility.
• Developed and implemented recruitment strategies to attract qualified candidates.
• Identified, screened and interviewed potential employees.
• Held exit interviews and documented information discussed with employees.
• Achieved desired work environment and performance by proactively advising and guiding employees on best practices and overseeing HR training.
• Developed and implemented administrative procedures to maximize efficiency.

Purchasing

• Reviewed purchase orders and ensured accuracy of information, such as pricing, payment terms and delivery dates.
• Negotiated contracts with vendors to secure the best possible prices for goods and services.
• Developed and maintained relationships with suppliers to ensure timely delivery of products.
• Researched new sources for supplies, materials and services in order to reduce costs and improve efficiency.
• Identified potential areas of cost savings through supplier consolidation or alternative sourcing methods.
• Monitored inventory levels to ensure adequate stock for production requirements.
• Prepared periodic reports on purchasing activities, budget expenditures, inventory levels and supply shortages.
• Identified systematic problems and root causes to resolve issues and improve service delivery.
• Formulated and implemented annual purchasing plans and contracts, covering OEM, import, ingredients, materials and equipment.
• Implemented policies and procedures for effective management of the purchasing process.
• Conducted market research to determine appropriate pricing.
• Developed and maintained an up-to-date database of suppliers, products, and prices.
• Oversaw the preparation and processing of purchase orders and documents in accordance with company policies.
• Utilized ERP systems for efficient management of purchasing processes.
• Prepared and presented reports on purchasing activities and cost analysis for upper management.