Finance and Commercial Controller
J M Baxi Heavy
Total years of experience :26 years, 6 Months
MAJOR RESPONSIBILITIES SHOULDER:
•Approval of Payment, Clint and vendor Invoice, Receipts, Journal Vouchers, Ledger Reconciliation. Balance confirmation.
•Compliance with Service Tax, TDS, Labour law, HSE, ISO 9001-2008, RTO Act, Port & Customs rule. Attending Service Tax and Income Tax Officials, Interacting with Internal and External Auditors.
•Budgeting (Quantity, GOP, Statutory Liabilities etc), Measures for Cost Reduction and Control, MIS, Variance Analysis, Analysis of Tender terms specially Financial Liabilities, Participating in EOI of turn key projects.
•Pricing Services, Procurement of Handling gears, Spare, Consumable, Equipment. Preventive and Corrective measures for optimum utilization of resources, Assisting in Process Flow Chart in relation to Turn Key Project, Formation of Contract with Vendor and Principals, Participating in Negotiation with Vendor and Principals, Preparation of documents required for EOI (Expression Of Interest) and pre Qualification. Prepared SOP on 'Billing', 'Opening of New office', 'Scrap Disposal' and 'Vendor Performance Guarantee'
•Receivable and Payable Management, Cash Flow and Fund Flow Management. Bank Guarantee with Banks, Assisting in Preparation of Project Report, Processing Documents for Working Capital Loan / Advances, Assessing Creditability of Principals and Soundness of Vendors, Inventory Control of Handling Gears and Spare Parts, Associated in Finalization of Company’s financial statement.
•Certified ISO 9001-2008 Auditor, Periodical Audit of varios Divisions and Branches to Assess the Quality Control and Customer satisfaction, Prepared 'Business Process Documents (BPD)' for our Business.
The company is active in Cargo & Port handling, Project
logistics, Freight Forwarding all over India, Having 10
Branches.
: Reporting to CFO and SBU heads and managing a department
with 5 personnel, I am responsible for.
: Company’s last F. Y. Turnover ₹ 480 Crore
My Main Achievements in this job include:
•Able to finalized Financial Statement on time.
•Able to reduce handling cost by 9%.
•Able to reduce overdue Receivable from average 45 days to 25 days.
•Able to reduce fund blockage in Govt. treasurer by 8%.
•Reduction in working capital by 5%.
•Increase the participation in EOI and Tenders
•Maximization of utilization of input resources by breaking compartments, which in turn reduce wage bill by approx. 5%.
•Strict compliance to HSE with regards to Logistics activities
The company is active in CHA, Port handling, warehouse,
Vessel chartering, Vessel Agency, all over India, Having
more than 32 Branches in India and abroad.
: Reporting to CFO and Division heads and was managing a
department with 7 personnel, I am responsible for.
: Company’s last F. Y. Turnover ₹ 1000 Crore and division
₹ 350 Crore
My Main Achievements in this job include:
•Crated branch-wise, division-wise account in chart of account.
•Branch-wise, Job-wise GOP from FAS.
•Created Client Invoice register on the basis of Service tax charged.
•Created automatic entry for GTA
•Introduce reimbursement payment to employee thro Pay-Slip.
•Able to reduce branch overhead by 8%
•Introduce job-wise variance analysis and taking corrective measures
The company is active in CHA, Port handling, warehouse,
Vessel chartering, Vessel Agency, all over India, Having
more than 32 Branches in India and abroad.
: Reporting to CFO and Division heads and was managing a
department with 8 personnel, I am responsible for.
: Company’s last F. Y. Turnover ₹ 850 Crore and division
₹ 200 Crore
My Main Achievements in this job include:
•Introduce Disbursement Account thro software.
•Monthly reconciliation of account with shipping line.
•Separate Bank account for major shipping line.
•Receipts all over India from clients routed through single bank account at H.O.
•All statutory and reimbursement charges incurred by us upon receipt from client.
•Increase commission for supplies to ship.
•Follow-up with operation for third party liabilities to be reported to shipping line.
•Refund of excess fund to shipping line within a week
The company is active in Garment, Hotel, Trading, Civil /
Electrical contracting and Construction.
: Reporting to CFO and Division heads and was managing a
department with 4 personnel, I am responsible for.
: Company’s last F. Y. Turnover Saudi Riyal 150 Crore
My Main Achievements in this job include:
•Introduced Salesman-wise GOP in trading division.
•Domestic purchase or Import comparison.
•Able to integrate division’s account.
•Introduce Budget.
: R. Nanabhoy & Co - Mumbai
: Cost & Management Auditor
: The company is active in Cost & Management Audit.
: Reporting to Partner.
: Company’s last F. Y. Turnover ₹1 Crore
My Main Achievements in this job include: I was working as
ACMA (ICWA) CIMA from London