VILAS CHIKANE

Fixed Assets Management:

• Developed and maintained a comprehensive Fixed Assets Register through meticulous processes from inception to closure.
• Spearheaded the creation of Work Breakdown Structures (WBS) for project tracking and management.
• Uploaded Capital Expenditure (Capex) Budgets, ensuring accuracy and adherence to financial guidelines.
• Conducted thorough reviews of Capital Work in Progress (CWIP), ensuring alignment with budgetary constraints.
• Collaborated with relevant departments to ensure timely completion of projects and accurate status reporting.
• Oversaw the creation of assets, ensuring precise documentation including location, depreciation rates, WBS codes, and quantities.
• Conducted monthly physical verifications of capitalized assets, ensuring alignment with financial records.

Capex Budget Management:

• Compiled and maintained Capex Budgets, incorporating inputs from various stakeholders.
• Liaised with end-users to gather and incorporate budget details, ensuring alignment with organizational objectives.
• Prepared and delivered Capex Budget presentations to key stakeholders, facilitating informed decision-making.

Financial Operations:

• Managed statutory payments, vendor disbursements, and invoice bookings, both PO-based and non-PO-based.
• Facilitated seamless payment processes through effective communication and coordination with internal teams.
• Played a key role in the capitalization process, liaising with team members to ensure compliance and accuracy.

• Resolving open issues by interacting with related departments, Month close activities in Payable area like closing the payables period after solving exceptions, Vendor account reconciliation and resolving the differences, Preparing monthly Provision working & schedules, Proper deduction and accounting of withholding tax (TDS), Proper accounting of advances to vendors and adjustment from purchase invoices subsequently, Timely Processing Vendor Payments, Service Tax & TDS Return

• Resolving open issues by interacting with related departments, Month close activities in Payable area like closing the payables period after solving exceptions, Vendor account reconciliation and resolving the differences, Preparing monthly Provision working & schedules, Proper deduction and accounting of withholding tax (TDS), Proper accounting of advances to vendors and adjustment from purchase invoices subsequently, Timely Processing Vendor Payments