Vishal Dilipkumar Shende
Pune
Summary
Results-driven Accounting Professional experienced in managing end-to-end accounting processes, financial analysis, and month-end close activities. Enhanced productivity and optimized procedures through effective team leadership and collaboration, aligning customer service targets with business objectives. Leveraged expertise in SAP, Hyperion (HFM), and IFRS reporting to deliver accurate and timely management reports.
Overview
1
1
Certification
19
19
years of professional experience
Work History
Manager - Finance and Accounting
Egon Software Pvt Ltd
Pune
10.2020 - Current
- Managed finance operations and monthly closing activities for 18 manufacturing and holding entities.
- Prepared annual budgets, quarterly reviews, and variance analysis reports for management.
- Monitored profitability, revenue, expenses, and capital expenditure reporting.
- Reviewed monthly balance sheet reconciliations and investment revaluation accounting to ensure accuracy and compliance.
- Maintained IFRS books through adjustment entries related to IFRS 15, IFRS 16, IFRS 9, and IAS 36.
- Oversaw Accounts Payable processes, streamlining vendor onboarding, invoice processing, and payment approvals for improved operational efficiency.
- Prepared lender reporting and monthly servicer reports under securitization processes.
- Coordinated with statutory and internal auditors to resolve audit queries and facilitate timely completion of audits.
- Prepared annual accounts, reporting packs, and financial statements under Ind AS and US GAAP.
- Led intercompany reconciliation and key balance sheet reconciliation activities.
Financial Reporting Accountant
Smith & Nephew - GBS
Pune
03.2018 - 05.2020
- Prepared monthly financial reports for management review and compliance purposes.
- Managed comprehensive accounting and reporting activities for Belgium entity, ensuring compliance with local regulations.
- Performed forecasting, budgeting, and period-end reporting activities.
- Analyzed variances in financial statements to identify trends and discrepancies.
- Managed month-end reconciliations including COGS, leases, bank, AP, AR, GRIR, and fixed assets.
- Reported intercompany balances and ensured accurate reconciliations.
- Collaborated with cross-functional teams to enhance accuracy of financial data entry.
- Worked extensively on Hyperion (HFM) reporting and SAP systems.
- Participated in automation projects, streamlining LRC and accrual journal processes to improve reporting efficiency.
- Coordinated with statutory and internal auditors for audit support.
- Successfully completed process transitions from DXC Bangalore and Smith & Nephew Belgium.
- Awarded Bronze Award for outstanding performance.
- Selected as Peer Advisor within the GBS organization.
Accounts Receivable Manager
Connexions Data Inc
Pune
07.2017 - 03.2018
- Managed accounts receivable processes to ensure accurate billing and collections.
- Oversaw daily cash applications and reconciled customer payments efficiently.
- Followed up on collections and allocated customer payments.
- Generated aging analysis reports and monitored delayed payments.
- Coordinated with sales teams to resolve billing discrepancies and customer inquiries.
- Maintained weekly cash flow projections and receivable tracking.
- Performed monthly closing activities including sales projections and overdue analysis.
- Managed vendor and customer account reconciliations.
- Maintained billing systems and accounts payable processing.
- Accounted for forex gain/loss on multi-currency transactions.
Assistant Manager - Finance
Kider India Pvt Ltd
Pune
02.2015 - 02.2016
- Performed profitability analysis and monthly financial closing to support strategic decision-making.
- Managed books of accounts and financial reporting to ensure accuracy and compliance.
- Prepared annual and semi-annual budgets.
- Managed statutory compliance and audit reporting.
- Performed fixed asset accounting and RBI-related compliance activities.
- Handled import/export and foreign remittance accounting to streamline international transactions.
- Supported SAP MM and SD module implementation.
Article Assistant
D V Satbhai & Co.
Pune
02.2007 - 08.2010
- Conducted statutory, tax, VAT, and internal audits.
- Worked on ICICI Bank MOP audits and allied taxation assignments.
- Performed accounting and TDS return filing assignments.
- Participated in inventory and fixed asset verification.
Education
PGP-GMP Certification Program -
Indian Institute of Management Tiruchirappalli
Tiruchirappalli10-2021
Intermediate Course (PE - II) -
Institute of Chartered Accountants of India
Pune05-2011
Bachelor of Commerce (B.Com) - Financial Accounting, Costing, Budgeting
Savitribai Phule Pune University
Pune03-2008
Foundation Course -
Institute of Chartered Accountants of India
Pune05-2007
Higher Secondary School -
Burhanpur Public School
Burhanpur, Madhya Pradesh03-2005
Senior Secondary School -
Burhanpur Public School
Burhanpur, Madhya Pradesh03-2003
Skills
- Financial Reporting & Analysis
- Budgeting & Forecasting
- IFRS / Ind AS Compliance
- General Ledger Accounting
- Month-End & Year-End Closing
- Balance Sheet Reconciliation
- Variance Analysis
- Cash Flow Management
- Intercompany Accounting
- Accounts Payable & Receivable
- Audit Coordination
- Fixed Assets Accounting
- ERP Systems: SAP, Hyperion (HFM)
- MIS Reporting
- Process Automation & Improvements
Languages
English
Advanced (C1)
C1
Hindi
Advanced (C1)
C1
Marathi
Advanced (C1)
C1
Certification
- Lean Training Programs
Technical Skill
- SAP
- Hyperion (HFM)
- Cadency
- IDMS
- QuickBooks
- Tally
- Microsoft Excel
- Microsoft Word
Timeline
Manager - Finance and Accounting
Egon Software Pvt Ltd
10.2020 - Current
Financial Reporting Accountant
Smith & Nephew - GBS
03.2018 - 05.2020
Accounts Receivable Manager
Connexions Data Inc
07.2017 - 03.2018
Assistant Manager - Finance
Kider India Pvt Ltd
02.2015 - 02.2016
Article Assistant
D V Satbhai & Co.
02.2007 - 08.2010
PGP-GMP Certification Program -
Indian Institute of Management Tiruchirappalli
Intermediate Course (PE - II) -
Institute of Chartered Accountants of India
Bachelor of Commerce (B.Com) - Financial Accounting, Costing, Budgeting
Savitribai Phule Pune University
Foundation Course -
Institute of Chartered Accountants of India
Higher Secondary School -
Burhanpur Public School
Senior Secondary School -
Burhanpur Public School