Md Shaalam Shaikh

Job Responsibilities
• Managed Finance, Purchase, MIS, Audit, Legal & Compliance functions for a prominent restaurant chain.
• Implemented ERP Pact Accounting system within four months for effective reporting & controls and managing master creation (Item Master, Vendor, Customer, GL, User, Period Open & Close).
• Supervise and manage financial operations including budgeting, forecasting, and financial reporting.
• Optimized profitability by reducing food wastage, purchase costs, and bank commissions.
• Enhanced working capital management via MOQ inventory ordering process.
Languages
• English
• Hindi perations
• Bengali
• Led the month end book closures with respective domain teams, Reviewing, and reporting financials, MIS and other compliance reporting to CEO and investors.
• Manage supplier payment, Employees payroll check & payment process and any other payment.
• Prepared VAT payment report and its payment on time.
• Handling financial audit, provide audit supporting documents & close it on time.
• ERP Training given to user on below mention point: -  Material Management (MM) Module, Financial (FI) Module, Fixed Asset (FA) Module, Production Module, HR Module.

• Led a team of 10 members, overseeing Accounts Receivable & Payable, Inventory Management,
Bank and Party Reconciliations, ensuring strict adherence to timeliness and accuracy standards.
• Overseeing the preparation and control of financial statements, including Trial Balance, Profit &
Loss Account, Balance Sheet, Cash Flow Statement, and Statement of Comprehensive Income.
• Leading budgeting and forecasting processes, monitoring variances, and providing actionable
insights to support strategic and operational decision-making.
• Overseeing treasury coordination with banking institutions for fund planning and procurement of
credit facilities including LCs, BGs, CC limits, and Term Loans.
• Managing cash flow planning and forecasts, ensuring timely and cost-efficient funding
arrangements.
• Enhanced working capital efficiency through implementation of MOQ-based inventory ordering
processes.
• Led and mentored finance teams, driving process improvements and high-performance culture.
• Led month-end book closures with cross-functional teams, reviewing and reporting financials, MIS,
and compliance reports to the CFO and investors.
• Overseeing end-to-end payment processes, including supplier settlements, payroll, and other
disbursements, ensuring compliance and timely execution.
• Overseeing compliance with all taxation statutes (Income Tax, VAT, and other direct/indirect taxes)
and leading financial audits by providing complete documentation and ensuring timely closure.
• Managed fixed assets, ledger scrutiny, and strengthening internal controls and timely closures. Spearheaded ERP Pact Accounting system in four months, strengthening reporting,
controls, and master data management (Item, Vendor, Customer, GL, User, Period Open/Close)

 Timely and successful monthly, quarterly closing of financial statements and financial analysis. Prepare MIS on month basis and budget vs Actual and with remarks.
 FA register, Depreciation, Accumulated Depreciation, CWIP and Preoperative details given to CFO for financial.
 Implemented SAP Busine One Accounting system within six months for effective reporting & controls and managing master creation (Item Master, Vendor, Customer, GL, User, Period Open & Close) and training given to 56 outlet users on below mention point: -
 Material Management (MM) Module, Financial (FI) Module, Fixed Asset (FA) Module, Production Module.

• Timely and successful monthly, quarterly closing of financial statements and financial analysis.
Prepare MIS on month basis and budget vs Actual and with remarks
• Implemented SAP Busine One Accounting system within six months for effective reporting &
controls and training given to 56 outlet users on below mention point: -

Material Management (MM) Module, Financial (FI) Module, Fixed Asset (FA) Module, Production
Module.

 Maintaining books of accounts, passing regular entries such as Purchase, Sales, Expenses, and Journal etc. & maintain the prepaid & provision entry.
 Planning and coordinating the audit plan with Audit Team (Deloitte/KPMG/E&Y).

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• Maintaining books of accounts, passing regular entries such as Purchase, Sales, Expenses, and
Journal etc.
• Maintaining of Cash Flow and Bank Reconciliation on daily basic.
• Preparing monthly MIS report.
• Planning and coordinating the audit plan with Audit Team (Deloitte/KPMG/E & Y).
• Reconcile the accounts of all Suppliers for the month at the Month end and maintain the proof of the
reconciliation.