To contact this candidate email hr6@falconmsl.com
Hanmant Subhashrao Waghmode
- Accountant
- Profile Created Date:29 Mar 2020
Description
Employment History
SN
Organization Reputed Company
Nature of Business Packaging Machine Mfg.
Duration September to till Date
Location Pune
Designation Accounts & Commercial Manager
SN
Organization Johnson Controls Marine & Refrigeration India Ltd.
Nature of Business Project Mfg. –Industrial Engineering
Duration January to August
Location Pune
Designation Sr Executive Excise
SN
Organization Ultra Engineers
Nature of Business Forging
Duration April to January
Location Pune
Designation Executive Excise & Exim (Team Leader)
SN
Organization Hager Electro Pvt Ltd.
Nature of Business Electrical
Duration June to March
Location Pune
Designation Executive Excise & Exim (Team Leader)
SN
Organization York India Ltd
Nature of Business Project Mfg. –Industrial Engineering
Duration December to June
Location Pune
Designation Sr. Executive Excise
SN
Organization Bajaj Electricals Ltd.
Nature of Business Electrical
Duration July to December
Location Pune
Designation Excise Executive Assistant
Summary of Professional Experience
Currently working with Nichrome India Ltd which is Packaging machine manufacturing industries. Its India operation is manage from Pune India.
Finance - Accounts & Commercial Manager.
Presenting a true and fair view of the financial position of the company by preparing financial statements viz, P&L Account, Balance Sheet and Annual reports.
Successful year end closing & opening in Microsoft dynamix ERP
Monitoring and supervising debtors’ statements /collections; involved in monitoring creditors account.
Vendor Management
Research & Development accounting.
Monitoring foreign Exchange Transaction for Capital Expenditure and Revenue Expenditure and Foreign earnings .Bank Guarantees and Letter of Credits.
Preparing Executive Information reports to provide feedback to top management on financial performance, inventory and receivables management viz. fund management and aging analysis.
Contributing in the preparation Budgets and Annual Business Plan, and MIS for Board.
Coordinating Statutory, Tax audit, Conducting verification of various books of accounts to detect any possible fraud and ensuring that accounts prepared conform to accounting standards.
Statutory Compliance- Ensuring compliance to the govt. rules and regulations as laid down by statutory authorities’ viz Income Tax, GST, Excise & Service Tax, Exim, Provident Fund and VAT department.
Operations Management - Working Capital Management, Co-coordinating with Legal for agreements
Preparation of Project Report and CMA for Bank finance, Bank management & rating agency.
Commercial management.
Prepare and present monthly MIS/KPI result for the divisions.
Monitor & scrutinized expenses for factory and ensure correct allocation of common expenses.
Present detail Expenses analysis on travelling, Overtime, Repair & maintenance, Logistic cost to management team on monthly bases.
Evaluating quarterly internal control monitoring for vendor invoice.
Investment/Fix Asset.
Ensure proper authorization in place for purchases/disposal asset.
Monitoring actual/forecast capital expenditure vs approved budget with project owner.
Ensure proper booking of capital expenses and capitalization is done on time.
Inventory Management:
Conduct periodical physical inventory count and finish good valuation.
Present loss order analysis to management for future orders.
Evaluated actual manufacturing costs and prepared periodic reports comparing actual costs to budgeted production costs
Work with the manufacturing team to analyze manufacturing operations, to identifying opportunities for Cost Reduction
Provide write down provision for raw material, FG and spare part as per company policy.
Monthly follow-up with market company/sales team for liquidation of FG.
Validate the cost of goods sold as part of the yearend closing activity.
Nationality : India
Residential country : india
Date of birth : 21-06-1983
Address : Flat No., Avvenes, //, MIDC Pipe road, Ganesh Nagar, Ravet
Language: English
Language Known
Hindi
Marathi
Skills
Achievement
Nichrome India Ltd
Inventory management, financial reporting and policy implemented successfully & got appreciation.
New ERP Microsoft dynamix System implemented successfully & got appreciation.
Ultra Engineers
Indirect Tax, Exim procedure set as per company policy & legal complained.
No’s of EPCG & Advance License Redeemed successfully.
Hager Electro Pvt Ltd
Import Consignment Lead time reduce & Customs Clearance made within a two days.
Negotiation done the Successfully with CHA, Warehouse Sales Target gets % OTD.
York India Ltd (JOHNSON CONTROLS).
Refund Claims against EPCG Dispatches & get the cheque successfully.
To follow the Strictly DOJ Policy (Department of Justice Singapore Audit, SOX Audit)
All LC against dispatches made successful & get the payments easy for the same.
Functional competence
Proficiency with accounting software and currently working on Microsoft dynamix
Knowledge of finance, accounting, budgeting, cost accounting & Internal control
Creative thinking skills and ability to solve problems
Strong presentation skills, able to explain concepts concisely and accurately
Define, benchmark and implement operational best practices
Work with all department heads to ensure maximum profitability
Oversee payments of all accounts; ensuring all accounts are paid on time, for debts, bank loans, and other large quantities of money
Address potential risk, analyses and provide remedial actions
Manage finance team, support, train and monitor if all process are effective and efficient
Financial Due diligence and internal controls / SOX compliance
Participate, exercise responsibilities and properly implement the decisions made by relevant committees, Senior Management and Board of Directors of MSBIC
Knowledge in Indian GAAP.
Strong managerial, interpersonal, communication and project management skills
Ensure compliance of the applicable Accounting Standards and regulatory rules and regulations as well as internal policies and requirements
Excellent personal time management, prioritization and deadline adherence
Compliance with all internal and external reporting policies, including tax compliance
Planning, Budgeting and Forecasting – Prepare annual budget, quarterly forecasts and mid-range plans covering P&L and Cash in close coordination with Distribution and Production operations. This includes detailed analysis and communication of performance versus plan, and business strategy support. Identify and communicate relevant risks and opportunities.
Strategic Management.
Adherence to and improvement in corporate policies & Procedures.
Professional and personal trades
Team Player, continuous improvement & good analytical approach
Problem solver on time and work under pressure.
Quick learner and understand production process
Follow three aspects “Trust, integrity and transparency”
Objective
My major strength is ability to get along with people, sincere & hard working nature. Willingness to accept responsibility and ability to motivate colleagues to achieve excellence.
Education
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2005
B.Com from Pune University University
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India
Career
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09/2014 - /
Position: Accounts & Commercial Manager
Employer: Reputed Company
Country: India
-
01/2013 - 08/2014
Position: Sr Executive Excise
Employer: Johnson Controls Marine & Refrigeration India Ltd.
Country: India
-
04/2012 - 01/2013
Position: Executive Excise
Employer: Ultra Engineers
Country: India
-
06/2011 - 03/2012
Position: Executive Excise
Employer: Hager Electro Pvt Ltd.
Country: India
-
12/2007 - 06/2011
Position: Sr Executive Excise
Employer: York India Ltd.
Country: India
-
07/2006 - 12/2007
Position: Excise Executive Assistant
Employer: Bajaj Electricals Ltd.
Country: India