Yuvraj Singh Shaktawat

Experienced Finance & Accounts professional with expertise in manufacturing and construction sectors. Skilled in accounting operations, costing, budgeting, MIS reporting, and documentation.

• Implemented VIM system; recognized by CFO & COO for excellence.
• Awarded Certificate of Appreciation by CHRO for outstanding contribution.

• Process daily invoices using VIM, including both Purchase Order (PO) and Non-PO related invoices.
• Perform regular reconciliation of GL and ensure accuracy and completeness of financial records.
• Process payments to vendors and employees, ensuring all necessary approvals are obtained also manage advance payments to vendors in accordance with PO terms and conditions.
• Compile and prepare various reports and data required by the Head Office team, including GSTR 1 and GSTR 3B data, CWIP reports, Power and fuel reports, Segment sales reports and Yield report.
• Prepare monthly bank reconciliation statements, record incoming bank entries against sales invoices, and coordinate with the sales team for timely follow-ups on outstanding payments.
• Generate Vendor and Customer Aging reports and distribute them to the respective departments for further follow-up and action.
• Provide necessary assistance to Internal and External auditors during audits, and coordinate the resolution of audit observations to ensure compliance and timely closure.
• Interact with vendors to support the Head Office payment and taxation team, ensuring smooth payment processing and tax compliance.
• Act as the primary point of contact for any escalation related to vendor payment issues.
• Ensuring and supporting month-end closing activities, including the accounting of prepaid expenses, provisions, and goods in transit, as well as the timely clearing of GR/IR and other GL accounts.
• Processing employee reimbursements in CONCUR and ensuring timely settlement of employee advances.
• Monitor the accurate processing of vendor debit notes raised (such as cash discounts, quantity discounts, penalties, etc.) and ensure their timely recovery.
• Processing of Capex invoices and monitoring of CWIP GL account. Ensure expenses related to the respective asset are included in the same asset at the time of capitalization.
• Preparation of monthly insurance data and timely procurement of insurance coverage for Marine, Fire, Erection and Burglary.
• Reviewing PO’s for accuracy, including verification of GL, tax rates, GST rates, and PO rates against quotation rates.
• Processed import invoices, BOE, CHA bills, and payments entries.
• Preparation of monthly MSME reports to ensure timely payments to MSME vendors and avoid penalties.
• Successfully secured subsidy under the Rajasthan Investment Promotion Scheme-2022 (RIPS) for the newly established API & Formulation plant at the Udaipur location.