AMBUJ GOSWAMI, Account Manager

AMBUJ GOSWAMI

Account Manager

Gleam Business Private Limited

Location
India - Kolkata
Education
Higher diploma, Diploma in Financial Accounting Programme
Experience
24 years, 1 Months

Share My Profile

Block User


Work Experience

Total years of experience :24 years, 1 Months

Account Manager at Gleam Business Private Limited
  • India - Kolkata
  • My current job since January 2022

• Handling a team of 10+ professionals for complying commercial operations for the group companies.
• Achieved incremental annual operating income growth of 300% in FY23 through systematic management.
• Driving team in sync with management directives towards a goal of achieving group annual sales turnover of ₹ 750.00 Crs for FY24.
• Handling multi-currency accounting, GST reconciliation, timely submission of periodical returns, audit, GST refunds processing.
• Managing reconciliation and settlements of account payables and receivables; vendor management and payments.
• Reviewing Sales Contracts, Purchase Orders, Pricing and Profitability.
• Executed E-invoicing processes for Export & Domestic Sales.
• Finalization of periodical accounts and tax returns, transfer pricing.
• Set up Standard Operating Procedure (SOP) for the group companies.
• Prepared documentation of financials, AOP, projections and reports for availing of with new Bank Working Capital facilities.
• Handling TDS processes, TCS reconciliation, payments and returns.
• Monitoring EBRC, Regularisation, Duty Drawback and RODTEP.

Manager Accountant at Amritdhara Overseas Pvt Ltd
  • India - Kolkata
  • May 2021 to November 2021

Amritdhara Overseas Pvt Ltd (Jay Baba Group), Kolkata, West Bengal

• Administered financial aspects of export sales contracts, application of PCFC loans, monitored contractual payments terms.
• Managed over 10 foreign buyers and brokers towards realisation of outstanding FCY receivables.
• Timely submission of disposal instructions on receipt of foreign inward remittances and ensured minimised interest costs.
• Managed Fx Hedge deals booked under "Contracted Exposure" for group companies through monitoring of spot and forward rates.
• Execution in timely utilisation and rollover of outstanding Fx Contracts, in case of re-scheduled shipments, resulted in realised or notional profits.
• Tracked insurance activities (CIF shipments), liaison with insurance companies, CHA and surveyors. Reviewed joint inspection report for early salvage process and claim settlement.
• Supervised employees by researching and interpreting accounting policies; applied observations and recommendations to operational issues.
• Established and enforced internal controls, workflows and policies for tracking, reconciling and reporting on accounting activities.
• Managed vendor payments, brokerage commissions, ocean freight payments, foreign outward remittances, other disbursements with accuracy and compliance, ensured vendor and broker satisfaction.
• Accounting and reconciliation of receivables and payables.

Senior Executive Finance & Accounting at Pasari Paints
  • India - Kolkata
  • December 2017 to May 2021

Worked as Senior Accountant & Finance Executive for M/s. Pasari Paints, one of the leading distributor cum dealer in India, dealing in all kinds of Industrial & Decorative Paints & Primers, Thinners, Lacquers, Chemicals, Abrasives & Adhesives.

Industry: Paints, Coatings & Lacquer

Their group company is also engaged into manufacturing of Cosmetics products.

Key responsibilities include Business management, Operations & Finance:

• Successfully performed in ₹ 6.00 Cr project sales management, annual business targets and scheduled goals resulting in around 75% YoY growth in Net Profit.

• Handled General Administration, Commercial Operations, Complete GST Accounting and GST Annual Returns, Cash Flow Management, Settlements, Finalization of accounts and returns.

• Developed clear understanding of key business drivers, analyze key financial metrics, provide value add analysis, support to Supply chain, Customer Service, Finance Management & Logistics.

• Worked for sourcing, negotiating price and T&C, convert leads/inquiries into business prospects.

• Handled complex adhoc requests with short turnaround time and supplemented such requests with appropriate analysis and comments to support decision making.

• Led, Participated and Drove standardization for process efficiency.

• Sourcing business orders through pricing, negotiation of rates and other T&Cs.

• Reviewed logistics - Looking after supply chain and logistics from suppliers to the contractors, traders, customers, project sites and our retail branch counter.

• Supervising Customer Loyalty Programme - Ensure that new clients grow into a loyal customer base through implementing various loyalty programmes.

• Reviewing debtors and creditors (receivables and payables), remittances, settlements and reconciliation.

• Participation in Buyers’ Online Auction and bidding process (SAP Ariba) for high end customers ensuring procurement of profitable orders.

Consultant (Business Management, Finance) at Freelancer
  • India - Kolkata
  • July 2016 to November 2017

After undergoing three months of rehabilitative therapy, I recovered my lost mobility and was cleared by my doctor for employment.

Started working as a Business Management Consultant for a known start up in Kolkata dealing in real estate business.

Completed following professional learning programme to enhance my skills in Finance, Taxation, ERP, GST and completed new foreign language Arabic (Jr).

Eager for an opportunity to once again channel my talents and skills in a productive way, with having confidence that I could provide tremendous value to the organisation.

Branch Head at HDFC Bank Ltd
  • India - Kolkata
  • July 2014 to June 2016

Work experience as 'Branch Head' (Senior Manager).
Key job responsibilities encompassing taking charge of a retail branch in Dhupguri, Siliguri location are as under:
• Successfully managed ₹ 210.0 mn retail branch book-size and achieved the business targets, profitability and scheduled goals related to audit parameters.
• Managed team size of more than 50 colleagues and delivered exceptional customer service, TAT, process adherence resulting in safekeeping bank’s reputation.
• Developed catchment harnessing techniques in a semi-urban market and implemented new marketing and sales plans and executed the strategy through Annual Operating Plans.
• Dealt with large business ticket size through acquiring key government relationships, Dhupguri Municipality, BDO and Defence Institution Relationships.
• Regular customer engagement through regular visits and segment-wise inbound and outbound activities and created awareness products, services, tax planners and digital initiatives.
• Promoted all lending services offered by the bank. Loan book size qualitatively increased by ₹ 80.0 mn.
• Review and analysis of numbers and quality of leads generated, closed & rejected.
• Activated specialised desk services: Gold Loan appraisal, sanction & disbursement resulted in 12% of Branch Fee Income.
• Reviewed constantly the customer feedback and suggested ways to improve the processes and customer service levels. Customer satisfaction level scores enhanced from 73% to 98%.
• Focused on Branch Profitability and ensured MoM positive contribution through income generated by incremental CASA, Deposits and revenue generation (non-interest products). Adopted cost control measures.
• Ensured quality accounts sourcing and compliance of previous audit observations.
• Monitored transactions and reviewed periodical reports.
• Internal & Regulatory Reporting, Operational Risk Management, Control & Mitigation.

I left my position at HDFC Bank Limited after an accident that left me unable to fulfill my duties.

Regional Risk Manager at ICICI Bank Ltd
  • India - Kolkata
  • May 2014 to July 2014

My responsibilities included improvement of retail banking processes through continuous training programmes and audit, ensuring building up of compliance culture for 18 branches.

• Ensured 100% compliance process adherence and nil operational error.

• Ensured quality sourcing of new relationships and performing checks on existing relationships through performing Customer Due Diligence (CDD) & Enhanced Due Diligence (EDD), Customer Point Verification, AML Checks and filing STR. Submission monthly compliance report to Business Head.

• Planned and performed Regional Audit projects in line with Internal Audit Plan incl. presenting key audit findings, risk areas and follow up on the implementation of agreed action plans.

• Performed internal audit procedures including understanding organization objectives, structure, policies, processes, internal controls and external regulations.

• Reviewed processes in place to ensure compliance with legal and regulatory requirements, code of conduct and policies/procedures.

• Performed SOX Walkthrough, Test of controls and process audits.

• Conducted training on KYC, AML, CDD, EDD review, Account Sourcing to prevent sourcing lapse and increase Audit Score for the region.

• Assessed risks and internal controls within the audited area, identifying process weaknesses and inefficiencies and operational issues.

• Evaluate risks and controls and prepare risk and control matrix, periodical reports and presentations for IAD/ZRM/Business Head/SM review.

• Effectively communicated Re - KYC processes and strategies to branch banking leadership team and employees.

• Continuous follow up with process owners to ensure implementation of audit recommendations.

• Maintained positive and cordial working relationships between branches and other departments.

• Created awareness of operational risk parameters through regular training sessions and by percolating relevant circulars.

• Conducted Evaluation Test for all employees.

Branch Manager at ICICI Bank Ltd.
  • India - Kolkata
  • April 2008 to April 2014

 Successfully managed 4 retail flagship branches, average GL Size amount ₹ 3.50 bn.
 Contributed towards 25% YoY growth in branch book size & 100% achievement in revenue generation (non-interest income products).
 Responsible for overall growth in branch book size, profitability and business parameters including CASA, Deposits, Third Party Fee Income, Loans & Advances, Credit Cards along with all operational parameters, customer service, audit & compliance, digital banking, learning and people management.
 Focus on branch profitability by meeting regular business parameters through customer satisfaction and process in place.
 Managed sales & business development, catchment harnessing, leads management, closure, quality sourcing.
 Ensured capitalisation of catchment area by organising household and commercial activities, road shows, workshops, for promotion of bank brand, products, services to all key stakeholders. Quality lead generation & closure.

Branch Operations Manager at ICICI Bank Ltd
  • India - Kolkata
  • November 2004 to March 2008

 Successfully managed 2 retail flagship branches in Kolkata-Ballygunge (GL Size more than ₹ 3.50 bn) & Patna-Bihar locations (GL Size more than ₹ 5.00 bn) as Assistant Manager.
 Excelled in retail branch operations, sales & cross-sell, customer service, audit & compliance, locker management, digital migration, Five - S compliance, learning and people management.
 Adhered to laid-down processes, ensured excellence in audit parameters.
 Ensured quality sourcing for all CASA & non-CASA relationships.
 Branch Management, Look & Feel, Customer-oriented visibility.
 Training of employees through learning sessions and programmes.
 Pivotal in successful launch of a retail banking branch in Bhagalpur, Bihar.

Export Executive at Arun Trading Co
  • India - Kolkata
  • March 2000 to November 2004

Managed the following area during my tenure
with Arun Trading Co, Kolkata, West Bengal
• Executed export operations of embroidered and silk fabrics products, ensured compliance with company’s processes, FEMA guidelines and EXIM policies.
• Performed duties related to Export Banking operations, export documentation, ECGC, Customs, licensing and logistics activities.
• In-house development of overseas market through promotional communications and presentations.
• Prepared documentation for availing of with Bank Finance facilities
• Worked in Internal Audit operations during finalization of accounts

Education

Higher diploma, Diploma in Financial Accounting Programme
  • at Tally Academy
  • October 2018

Completed full time programme and certification. Software used: Tally ERP 9

Higher diploma, Arabic
  • at The Ramakrishna Mission Institute of Culture (School of Languages)
  • June 2018

Full time Arabic Language programme

Higher diploma, Export Management
  • at Indian Institute of Export Management
  • May 2001

Completed Diploma in Export Management from Indian Institute of Export Management, Bangalore (The institution is the member of "Federation of Indian Chambers of Commerce & Industry, New Delhi" Distance Learning Programme Duration: Six Months Programme curriculum: Export Documentation, Export Marketing, Export Finance, Shipping & Packaging

Higher diploma, Computer and Systems Engineering
  • at National Institute of Information Technology (NIIT)
  • May 2001

Completed GNIIT Programme - Title of Systems Management, a full time Post Graduation programme with certification. Programme included Computer Applications, Systems Management, Database Management, MS Office, Programming, Net-centric curriculum, Quality Management Programme, Multiple Operating System.

Bachelor's degree, Accounting
  • at University Of Calcutta
  • August 1997

Graduation: Bachelors Degree (Honours) in Commerce - 3 years' Full Time Degree Programme Accountancy as Honours Specialisation Major subjects included: Business Economics Costing & Taxation Business Management Business Mathematics & Statistics (Advanced level) Accounting Theory & Management Accountancy Higher Accountancy Auditing

High school or equivalent, Commerce, Accountancy
  • at South Point High School
  • July 1994

Higher Secondary in Commerce Stream Class XII West Bengal Council of Higher Secondary Education

Specialties & Skills

Business Communications
Customer Service Skills
Sales & Marketing Skills
Retail Banking
Finance
FIVE S - KAIZEN
OPERATIONS MANAGEMENT
PROCESS MANAGEMENT
INVENTORY CONTROL
BANKING OPERATIONS
COMMUNICATION SKILLS
TEAM MANAGEMENT SKILLS
CUSTOMER ACQUISITION
AUDIT AND COMPLIANCE
EXPORT IMPORT MANAGEMENT
SALES AND BUSINESS DEVELOPMENT
CUSTOMER SERVICE
FOREIGN EXCHANGE OPERATIONS
FINANCIAL RISK MANAGEMENT
GENERAL MANAGEMENT
PROFITABILITY MANAGEMENT
LOANS AND ADVANCES
TRADE OPERATIONS
SERVICE EXCELLENCE
CONSULTING
PEOPLE MANAGEMENT SKILLS
RETAIL OPERATIONS
DOCUMENTATION
OPERATIONAL RISK MANAGEMENT
OFFICE ADMINISTRATION
BRAND MANAGEMENT
COST OPTIMISATION
CUSTOMER RELATIONS
NETWORKING
operation
FOREIGN OUTWARD REMITTANCES
FX HEDGING
ACCOUNTING
RETAIL BANKING

Languages

English
Native Speaker
Hindi
Expert
Arabic
Beginner
Bengali
Native Speaker
French
Beginner

Training and Certifications

Service Excellence (Certificate)
Date Attended:
January 2016
APT for Premium Banking (Certificate)
Date Attended:
January 2016
CRM Next Online Training Module (Training)
Training Institute:
HDFC Bank
Date Attended:
January 2016
Security First V3 (Training)
Training Institute:
HDFC Bank
Date Attended:
December 2015
Quality Management Programme (Certificate)
KYC and AML Norms (Certificate)
Date Attended:
December 2015
Digital Banking (Certificate)
Date Attended:
December 2015
IRDA SP (Certificate)
Date Attended:
January 2014

Hobbies

  • Voluntary Contribution
    Received recognition from Red Cross Society and Herbalife-India for arranging Health Wellness Camp in the Kolkata catchment for 200 members.