Sr. Manager - Finance
Nitor Infotech Pvt. Ltd.
Total years of experience :23 years, 8 Months
Nitor Infotech Pvt. Ltd., Pune - (A Wholly Owned Subsidiary of The Zubair Corporation)
Company profile: Company mainly engaged in Product Engineering, Data Engineering, Testing and Mobile Technology; Services mainly to various SI and ISV customers in US.
Reporting to: Managing Director
Notable Accolades:
Owner of all matters pertaining to Accounts & Finance, Legal, Insurance, Employee Immigration, Facility and other Misc. activities of the company as well as its Wholly Owned Subsidiary in US
Acting Head of Legal - Vetting & negotiating commercial and legal documents.
Helping management in taking various key strategic decisions.
Important contributory in establishing policies & processes across the organization.
Headed the automation of financial and admin processes in organization to optimize Project Profitability, Timesheet Management System, Optimum Resource Management System, Reimbursement Management System, Travel Management System, etc. Closely worked with outsourced contractor to develop these systems, giving them direction on process flow, data capture points, reports to be generated, etc.
Acted as functional consultant for various financial product/module developed by company for its client.
Corporate Long term and annual budgeting & forecasting models.
Monitoring performance and trends of the company and Root cause analysis of deviation.
Raising red-flag for areas of concern on strategic matters as well as operational matter.
Preparing models for raising fund.
Key vendors relationships and Commercial negotiations
Liquid Fund management of organization including investment in various secondary market instruments as well as Forex handling.
Monitoring, planning, allocating fund for OPEX and CAPEX purpose.
Finalization of accounts, MIS preparation, generating various flash reports
Liaise with Banker, Auditor, Company Secretary and Government authorities.
Assisting Pre-sales team in preparing Bidding document preparation.
Ensuring all statutory reporting to various government bodies, Banks, RBI and other agencies relating to financial transactions are complied with in a timely manner.
Head of facility management team of the organization.
Taking various initiatives based on philosophy of “We Care” culture for employees.
Notable Accolades:
Internal Auditor of RKS Construction Pvt. Ltd. and UPS Hitech Constructions Pvt. Ltd at Panipat, Gurgaon, Haryana:
Both the companies with Turnover of over INR 70 Million. IOCL, HPCL, PWD, ODBI, State development Authority, etc being their major principals.
Various advisory functions for optimizing the utilization of available resources.
Implemented NAVISION accounting system for Bodycote MSIPL, Pune (Wholly owned subsidiary of Bodycote Plc.).
Accounting, Statutory & Internal audit, Finalization of accounts, Tax audit, Tax planning and related taxation matters of various clients.
Handled Income Tax, Service Tax, MVAT, Receivable ageing & analysis.
Looked into other relevant functions like
o Performance appraisal of entity.
o Financial Feasibility reporting.
o Project financing, CMA data analysis and Working Capital Financing.
o Internal Control evaluation.
o Accounts finalization of accounts in the light of Laws governing the entity.
Company profile:
A Wholly owned subsidiary of AVEVA Solution Ltd. UK., AVEVA Group Plc., UK being ultimate holding company. Company mainly engaged in R&D of Marine and Power & Process software and their licensing to the ultimate users esp. Navy, Oil & Gas exploring cos., Engineering Co., etc.
Key Deliverables:
Monitoring in/out flow of funds to meet working capital requirement.
Designing & implementing systems, procedures & manuals for the preparation & maintenance of statutory books of accounts and financial statements, ensuring compliance with time & accuracy norms.
Highlight the shortcomings based on audit report & implementing necessary systems.
Preparation of MIS reports and other statements to provide feedback to top management on financial performance viz. fund management, credit control, profitability, etc.
Notable Accolades:
Played a pivotal role in the Finalization of accounts, Cross charging, complying with audit requirements under Company Act and Income Tax Act.
Looked into Debtor Management & coordinated with Sales personnel to keep the debtor days at the minimum.
Initiated efforts for reducing overheads.
Jointly worked with corporate finance team of Kuala Lumpur, Malaysia and Cambridge, UK.
Performing Routine Accounting Activities.
Notable Accolades:
Significantly contributed in handling the Statutory & Internal audit, Finalization of accounts, Tax audit, Tax planning and related taxation matters of different entities.
Looked into other relevant functions like
o Performance appraisal of entity.
o Providing service on Taxation matter as required by legislation.
o Making loan proposal appraisal for Banks.
o Internal Control evaluation.
o Accounts writing & finalization of accounts in the light of Laws governing the entity.
o Preparing Budget for Companies and Banks, preparation of project reports.