Vishal Bhosale
ACCOUNTS AND FINANCE
Pune,MAHARASHTRA
Summary
To work in an organization offering in-depth knowledge and extensive experience in directing and advising on all aspects of complex financial and accounting processes. Effectively utilizes various financial techniques to analyze financial data, recommend tools, systems, and accounting measures to drive profitable performance. Tenacious finance college graduate offering recognized analytical skills.
Overview
13
13
years of professional experience
Work History
Accounts Head- (Team Lead)
Thinketive Global Consultancy Pvt Ltd.
01.2023
- Present financial reports to executive management and stakeholders- PPT
- Monitor and manage cash flow to ensure liquidity needs are met
- Prepare accurate and timely financial statements in compliance
- Preparing Monthly Machine Cost report-MIS report
- Preparation of Annual Budget and Projections
- Variance Analyses Budgeted Vs Actual on Monthly Basis
- Monthly Expenses Sheet Preparation including Purchases PG Wise
- Monthly Closing and Overall review of Accounts books
- Income Tax, Social Security & Withholding Tax Deduction & Payment
- Tracking of Insurance, Rents, Contracts & renewal Time to Time
- Creditors & Debtors Ageing Report with Forecasting Weekly
- Preparing Credit Facility Statement, Calculating of DPR, Net worth Certificates
- Preparing a Monthly Plant wise P & L & Projections
- Ensure proper documentation and maintenance of financial records.
Manager Accounts
JMA MARKETING LIMITED
01.2018 - 12.2024
- JMA is Public Limited Company with largest distribution house for Automobile Sector, around 95 branches all over India, JMA MARKETING is the subsidiary Company of Jullundur Motor Agency -Delhi Ltd
- (JMA), Handling of 11 branches with 2 states Maharashtra & Goa
- Work with Tax Auditors, Tax and Treasury Manager to ensure overall coordination of all financial accounting activities through annual report
- Prepare quarterly Budgeting, forecasting, and Analyses With Expenses
- Preparing & submitting of Monthly MIS to Management & Ensure compliance with internal control policies
- Monthly, Quarterly and Year End Closing of Books in time Frame
- Manage the quarterly financial close process, including ensuring all costs incurred are properly recorded, reviewing journal entries, account balance reconciliations and report preparation
- Participate in the ongoing development of accounting policies and procedures and operational strategies including the review and implementation of process and system changes
- Manage the cost accounting including Branch Wise P and L statement of 11 Branches
- Monthly reconcile the GSTR 2B with Books and Inform to suppliers about unmatched bills
- Monthly Filling of GST Returns Gstr1, GSTR-3B monthly & GSTR-9 with 9C Annually
- Monthly working of TDS, Pay before 7th and Quarterly working of TDS and Filling with CA
- Looking of Accounts Payable systems and technical understanding of integrated ERP systems, preferably Oracle R12
- Lead, as well as hands-on work on all financial processes and matters, including cost accounting and controlling
- Preparing Forecasting of Above 60 Days OS and Targets to Team of Collection Weekly
- Reconciliation of Debtors and Creditors on quarterly basis, Balance Confirmations
- Preparing document to reply Show Cause Notices, Appeals related to Indirect Taxes
- Scrutiny of GL under Ledger accounts up to trial Balance on Monthly by 7h
- Working of Advance Tax and pay it time on the basis of P & L
- Fixed Assets Management - Appropriate Accounting, CWIP to capitalization process, Fixed Asset Register & complete Fixed Assets
- Depreciation Working Branch Wise and exchange fluctuation run
- Reconciling group company with branch and HO books
- Preparing of MRM (Monthly Review Meeting) PPT and Present in Management by 10th
- Physically verification of Stock audit & preparing Valuation report quarterly
- Preparing Day to Day Planning of Funds and Payments
- Prepared a Tracking sheet of All Monthly Exp
- And monitoring it (PF, ESIC, PT, Tel, Rents, Ele, Etc.)
- Monthly CTC working of Employees and align with GP and NP (Calculation of Value Addition)
- Preparing of Monthly Ratio Analyses (ROA, ROE, GP , NP , Etc
- Ratios)
- Preparing & Settlement of Warranty Claim for Dealers as well Supplier
- Preparing of Monthly Cash flow with details of Expenses and Analyses with Past Records
- Taxation and Statutory Compliances- J1 & J2 mismatch notices, Vat & Cst
- Quarterly Reconciliation of 26AS and any disputes sort it outs
- Handling Govt
- Show Cause notices of Sales Tax, ESIC, Legal Metrology
- Handling of Vat assessments and Vat orders for Maharashtra & Goa
- Working of GST Annual Returns (GSTR-9 & 9C) Matching the Books and Portal
- Furnishing information required in relation to Vat and GST Audit
- Handling the C form Notices & Collect Old C forms from Dept
- Almost 2 Cr
- Finalization of Sales tax audit & Assessment
- Co-ordination with statutory & Tax auditors and facilitating all the information and documents required to conduct audit
- Assist to Auditors for Income Tax Audit working
- Handle Goa Sales Tax assessments and Release C forms from Goa States
- Internal Control-Obtain Customers accounts statement quarter wise, Reconcile the with books for Top Customers
- Preparing provisions of Expenses payable, working of prepaid exp
- Coordination with Auditors and fulfil their requirements.
Assistant Manager Account & Finance
Membrane Filters India Private Limited
04.2010 - 12.2017
- All Statutory Payments & Filling of Returns (VAT, Advance tax, TDS, PF, PT, ESIC etc.)
- Preparing project costing, budgeting project Cash flow and Fund flow
- Preparing letter of credits, bills of exchange & buyers credit documentations-Import payments
- Maintain Excise register, Service tax, DSA & PLA
- Excise Reconciliation
- Establish, maintain, reconcile General ledger, closing month end
- Maintain Cash Book & Prepare Bank reconciliation
- Debtors Payment, C Form Follow-up & C-Form Application
- Establish and maintain Bank Reconciliation for CC & Current Accounts
- Purchase Bill & Other Purchase bill passing, Issue debit & Credit note
- Monthly Interest Calculations and valuation of current assets for DP from bank
- Handling of accounts payable including suppliers' bills, employees Exp
- And all other monthly expenses
- Knowledge of transfer Forex and currency exchange
- Assist with Internal, statutory audit & Finalization of accounts
- Preparation of the, P&L A/C, Balance sheet.
Education
Industrial Computerized Accounting -
ICIA, ICAI Institute
Pune, MH01.2009
B.Com -
Shivaji University
04.2007
ACCOUNTS ECONOMICS AND BUSINESS ADMINISTRATION - Certificate course -
Shivaji University
Kolhapur, MH01.2007
Skills
- Audit Coordination
- Bank Reconciliation
- Debt management
- Cost accounting
- Tax Compliance
- Expense Tracking
- Cash Flow Forecasting
- Credit Control
- Account Management
- Performance Tracking
Languages
English
Hindi
Marathi
Personal Information
- Current CTC: 7.25 LPA
- Notice Period: 30 Days
Extracurricular Activities
Hand on Tally EPR and Oracle ERP by Nippon, Grace, O.M. (Order Management) Hand
On M S Excel, with Power Points and MS World.
Completed NSS with 'A' grade.
Timeline
Accounts Head- (Team Lead)
Thinketive Global Consultancy Pvt Ltd.
01.2023
Manager Accounts
JMA MARKETING LIMITED
01.2018 - 12.2024
Assistant Manager Account & Finance
Membrane Filters India Private Limited
04.2010 - 12.2017
Industrial Computerized Accounting -
ICIA, ICAI Institute
B.Com -
Shivaji University
ACCOUNTS ECONOMICS AND BUSINESS ADMINISTRATION - Certificate course -
Shivaji University
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