Summary
Overview
Work History
Education
Skills
Languages
Hobbies and Interests
Accomplishments
Timeline
Generic
Vaibhav Yewale

Vaibhav Yewale

Kalyan

Summary

A seasoned and detail-oriented accounting professional with a track record of 9 years, comprising 8 years of hands-on expertise in Finance & Accounts and Management reporting, complemented by 1 year of article ship. Proficient in overseeing a broad spectrum of finance and accounts responsibilities, including the completion of financial statements and meticulous expense verification. Acknowledged for the capacity to excel both autonomously and collaboratively as part of a cohesive team. Eager to enhance organizational success by consistently delivering outstanding outcomes in Accounting & Finance/Financial Planning & Analysis, with a preference for opportunities spanning PAN India or across Europe.

Overview

10
10
years of professional experience

Work History

Finance Program & RTR Senior Analyst

Accenture Solutions Pvt Ltd
Navi Mumbai
01.2022 - Current
  • Preparation of Journal Entries for Non-Dues Revenue: Timely and accurate preparation of journal entries for non-dues revenue, ensuring compliance with accounting standards and company policies.
  • Comprehensive Financial Analysis: Conducted thorough financial analysis, including variance analysis, budgeting, forecasting, and trend analysis to provide insights for strategic decision-making.
  • Cross-Functional Collaboration: Collaborated effectively with cross-functional teams to gather relevant data, ensuring accuracy in financial reporting and alignment with organizational goals.
  • Standard Operating Procedure (SOP) Preparation: Developed and maintained Standard Operating Procedures for financial processes, ensuring consistency, efficiency, and compliance with industry standards.
  • Bank & Cash Reconciliation: Executed accurate and timely bank and cash reconciliations, minimizing discrepancies and ensuring the integrity of financial data.
  • Ad Hoc Reporting: Responded promptly to ad hoc reporting requests from business stakeholders, providing accurate and insightful financial information to support decision-making.
  • Income Statement Report (Bluebook) Preparation: Prepared comprehensive Income Statement reports (Bluebook) for non-dues revenue, presenting financial performance in a clear and understandable format.
  • Team Management and Issue Resolution: Effectively managed and supported the team, resolving issues related to work processes, fostering a positive work environment, and ensuring high-quality output.
  • Monthly TB Review Call: Conducted monthly review calls to analyze Trial Balance, identify discrepancies, and ensure financial data accuracy.
  • Monthly FX Revaluation Calculation: Calculated and executed monthly foreign exchange revaluation, ensuring accurate financial reporting in accordance with currency fluctuations.
  • Monthly AP & AR Reconciliation: Oversaw monthly Accounts Payable and Accounts Receivable reconciliations, identifying and resolving discrepancies to maintain accurate financial records.
  • Fixed Asset Reconciliation with Depreciation Calculation: Prepared and maintained accurate fixed asset reconciliation, including the calculation of depreciation, ensuring compliance with accounting standards.
  • Other Asset Schedules Reconciliation: Reconciled various asset schedules, ensuring accuracy and completeness of financial data.
  • Process Improvement: Investigated process gaps, implemented resolutions to reduce downtime, and continuously sought opportunities for process improvement.
  • Quality Assurance: Validated results and performed quality assurance checks to assess the accuracy of financial data, ensuring reliability in reporting.

Senior Executive - Finance & Accounts

Jubilant Ingrevia limited
Ambernath
12.2015 - 01.2022
  • Scrutiny of Project & Revenue Bills (Material & Service): Conducted detailed examination and scrutiny of project and revenue bills, ensuring accuracy, completeness, and compliance with relevant guidelines.
  • Material & Service Bill Matching in ERP (Baan VI): Successfully matched material and service bills in the ERP system (Baan VI), maintaining data integrity and supporting seamless financial processes.
  • GST Reconciliation: Oversaw the reconciliation of Goods and Services Tax (GST) transactions, ensuring compliance with tax regulations and accurate financial reporting.
  • TDS & TCS Payment, Return Filing: Managed timely payment of Tax Deducted at Source (TDS) and Tax Collected at Source (TCS), along with accurate filing of returns as per statutory requirements.
  • Handling of Audits: Coordinated and managed various audits, including statutory audits, Internal Control over Financial Reporting (ICFR) audits, and internal audits.
  • Preparation of Cost Audit: Prepared documentation and reports for cost audits, ensuring adherence to cost accounting standards and regulatory requirements.
  • Inter Unit Reconciliation: Conducted reconciliation between different business units, ensuring consistency and accuracy in inter-unit financial transactions.
  • Physical Stock Verification: Managed and coordinated physical stock verification processes for raw materials, packaging materials, engineering items, production materials, and project materials.
  • Bank E-Payment: Facilitated electronic payment processes, ensuring secure and efficient transactions with banks.
  • Bank Reconciliation: Conducted regular bank reconciliations to verify the accuracy of financial transactions and maintain up-to-date records.
  • Cash Handling & Reconciliation: Managed cash transactions, reconciled cash accounts, and ensured proper documentation and controls.
  • Creditors Aging Analysis: Analyzed and maintained a detailed aging analysis of creditors, monitoring payment terms and ensuring timely payments.
  • Vendor Balance Confirmation: Liaised with vendors to confirm balances and resolved discrepancies in a timely manner.
  • Preparation of Plant Budget: Prepared comprehensive budgets for the plant, incorporating financial forecasts and business objectives.
  • Maintenance of Fixed Asset Register & CWIP: Maintained accurate records of fixed assets and work in progress, ensuring compliance with accounting standards.
  • Preparation of Overhead Budget vs Actual and Analysis of Variance: Developed and analyzed overhead budgets, comparing actual performance to budgeted figures and investigating variances.
  • Transport Bill Matching: Verified and matched transport bills, ensuring accuracy in billing and adherence to agreed-upon terms.
  • RCM Self-Invoicing: Managed the process of Reverse Charge Mechanism (RCM) self-invoicing, ensuring compliance with applicable tax regulations.
  • Provisioning of Expenses: Proactively provided for anticipated expenses, ensuring accurate financial reporting and budget adherence.
  • Product Costing: Conducted detailed product costing analyses, incorporating all relevant cost components for accurate pricing decisions.
  • Vehicle Inward & Outward Entry Analysis: Analyzed vehicle inward and outward entries, ensuring proper documentation and control over transportation-related expenses.
  • Goods in Transit (GIT): Monitored and managed goods in transit, ensuring accurate accounting and minimizing discrepancies.
  • Prepaid Expenses: Managed and accounted for prepaid expenses, ensuring proper recognition and allocation.

Cost Trainee

Joshi Apte & associates
Thane
10.2013 - 10.2014
  • Preparation of Cost Audit report of Chemical, Petrochemical, Petroleum, Steel Co
  • Preparation of Cost compliance report of Chemical, Petrochemical, Petroleum, Steel Co
  • Excise duty valuation (CAS-4 certificate)
  • Physical stock verification
  • XBRL reporting to MCA.

Education

MCom -

Mumbai University
Mumbai
01.2015

ICWA - Inter -

ICMAI
Mumbai
01.2014

BCom -

Mumbai University
Mumbai
01.2013

HSC -

Mumbai University
Mumbai
01.2010

SSC -

Maharashtra Board
Mumbai
01.2008

Skills

  • Financial Reporting
  • Account Reconciliation
  • Closing Processes
  • Regulatory compliance
  • Team management
  • internal controls
  • Process improvement
  • Project management
  • Fixed asset management
  • Audit coordination

Languages

Marathi
First Language
English
Upper Intermediate (B2)
B2
Hindi
Advanced (C1)
C1

Hobbies and Interests

  • Listening Songs
  • Walking
  • Swimming

Accomplishments

  • Reduce time by 70% required for performing activity with the help of advanced excel
  • Awarded the Gratitude award from client
  • Awarded the Appreciation certificate from Employer

Timeline

Finance Program & RTR Senior Analyst

Accenture Solutions Pvt Ltd
01.2022 - Current

Senior Executive - Finance & Accounts

Jubilant Ingrevia limited
12.2015 - 01.2022

Cost Trainee

Joshi Apte & associates
10.2013 - 10.2014

MCom -

Mumbai University

ICWA - Inter -

ICMAI

BCom -

Mumbai University

HSC -

Mumbai University

SSC -

Maharashtra Board
Vaibhav Yewale