VINAYAK MANGUTKAR
Navi Mumbai
Summary
Highly analytical and performance-driven Finance Analyst with expertise in financial planning & analysis (FP&A), budgeting, forecasting, financial reporting, and variance analysis. Experienced in evaluating financial performance, identifying business trends, and providing strategic insights to enhance profitability and operational efficiency.
Skilled in Advanced Excel, ERP platforms, Power BI, and financial modeling with the ability to translate complex financial data into meaningful business recommendations. Proven capability in supporting management decision-making, improving reporting processes, and driving cost optimization initiatives through data-driven analysis and strong stakeholder collaboration.
Overview
15
15
years of professional experience
Work History
Assistant Manager Finance
Tata Consultancy Services
Mumbai
06.2022 - Current
- Led and managed the finance team to ensure accurate financial reporting and timely month-end closing.
- Supervised daily accounting operations, reconciliations, and revenue accounting activities.
- Managed workload allocation, team training, and process improvements within the finance function.
- Managed end-to-end airline account operations, including billing, reconciliation, invoicing, and revenue reporting.
- Ensured accurate revenue recognition, accrual accounting, and month-end closing activities.
- Prepared MIS reports, financial dashboards, and variance analysis reports for management review.
- Maintained strong relationships with airline clients and acted as a key point of contact for account-related queries.
- Coordinated with operations, and customer service teams for timely issue resolution and smooth account management.
- Performed customer reconciliations and resolved billing discrepancies to ensure accurate financial records.
- Identified revenue leakages and implemented corrective actions to improve revenue assurance and profitability.
- Monitored outstanding receivables and supported collection activities for timely payment realisation.
- Supported budgeting, forecasting, and financial planning activities for airline accounts.
- Ensured compliance with internal controls, audit requirements, and contractual obligations.
- Improved financial processes and reporting efficiency through process optimization initiatives.
- Conducted account performance analysis and provided actionable insights to support business decisions.
- Assisted in audit activities by maintaining proper documentation and supporting schedules.
- Worked closely with stakeholders to enhance operational efficiency and customer satisfaction.
- Managed high-volume financial transactions while maintaining accuracy and adherence to timelines.
Sr. Finance Analyst
Westerly Retail Private Limited
Navi Mumbai
11.2016 - 05.2022
- Prepare annual revenue budget and forecast trends
- Develop reports summarizing financial position for top management
- Coordinate strategic plans, budgets, and financial forecasts
- Develop and update accounting policies and procedures
- Ensure monthly billing as per agreements and maintain master files for tracking
- Reconcile top and group brand discrepancies to avoid errors
- Reconcile sales between POS and email data to prevent short billing
- Submit rent rolls quarterly to head office team
- Prepare budget vs. actual revenue by brand for management review
- Monitor budgets and compare with actual costs and revenues
- Prepare data for lower deduction certificates
- Maintain gift vouchers tracker as per agreements
- Prepare revenue schedules for statutory and internal audits
- Collaborate with auditors to ensure compliance and cooperation
- Prepare cash flow statements for fund management
- Track revenue according to commercial and system records
- Perform quarterly 26 AS reconciliation and monthly GSTR-I filing
- Handle GST audit reconciliation and E-TDS payments and returns
- Manage TDS and income tax assessments
Account Executive
Inorbit Malls (I) Pvt Ltd
Mumbai
01.2011 - 10.2016
- Evaluate key business parameters and analyze trends in revenue, expenses, and capital expenditure
- Work with SAP R/3 (FICO and REFX modules) to ensure billing compliance for malls
- Track monthly renewals and update system with final commercials for leasing team
- Share monthly outstanding statements with team for follow-up
- Reconcile and clear old outstanding balances before renewals
- Collaborate with leasing team on outstanding nearby cases
- Verify CA certificates against POS and email figures to prevent short billing
- Assist with financial and tax audit reporting
- Perform monthly bank reconciliations for various accounts
- Book vendor invoices and payments according to terms
- Prepare monthly provisions for MIS
- Manage petty cash and gift vouchers
- Clear statutory dues payments according to terms
Education
B.Com -
Mumbai University
01-2007
Skills
- Revenue Assurance
- Internal Audit
- Financial Statements
- Tax Audit
- Statutory Audit
- GST Return
- Budgeting and Forecasting
- Reconciliation
- Power BI
- SQL
- Cash Flow Forecasting
- MIS Reporting
- Team Management
Websites, Portfolios and Profiles
https://www.linkedin.com/in/vinayak-mangutkar-a0854310a/
Language
English
Hindi
Marathi
Achivements
- Reduced manual effort by automating reporting and reconciliation activities using Excel/financial tools.
- Successfully implemented Business Process Transformation (BPT) initiatives for the Travel Project, ensuring efficient accounting processes and standardized financial controls.
- Reduced reconciliation backlog by 98% through process optimization and automation.
- Developed and standardized SOPs for accounting, billing, and reconciliation processes.
- Proactively collected outstanding receivables and ensured timely billing during the COVID period to improve cash flow and support smooth business operations.
Timeline
Assistant Manager Finance
Tata Consultancy Services
06.2022 - Current
Sr. Finance Analyst
Westerly Retail Private Limited
11.2016 - 05.2022
Account Executive
Inorbit Malls (I) Pvt Ltd
01.2011 - 10.2016
B.Com -
Mumbai University