NIKUNJ PATHAK

• Maintaining Accounts Payable controls and responsible for providing management updates regarding the performance of supporting team.
• Reconciliation of balances with sister concerns on monthly basis.
• Preparing bank reconciliation & updating entries in bank book
• Coordinating with internal, statutory and tax auditors for providing them with the details as per the requirement of the audit.
• Preparing vendor/customer reconciliations & follow up related queries.
• Processing vendor invoices, in a timely manner, verifying accuracy, approvals and account coding.
• Posting sales data for all outlets on daily basis, correcting errors and reporting to respective departments.
• Provides financial status information by preparing MIR & MIS reports like Daily sales report, Bank position report, Consolidated P&L and B/S, Analysis of difference expenses, food cost, etc.
• Correcting errors by posting adjusting journal entries in respected GL
• Updating prepaid schedules for Insurance, rent & other expenses.

• Supervising all the activities of Accounts Payable.
• Monitoring the supplier account & its reconciliation.
• Carrying out the GRNI reports.
• Updating & offsetting negative creditors.
• Reporting on contra accounts.
• Making weekly payment schedules.
• Making payments to suppliers against invoice / pro-forma.
• Carrying out cheques & BACS payment on daily basis.
• Allocation of BACS, CHAPS, cheque payment of the supplier account.
• Negotiating with supplier for better payment terms, discount.
• Creating the new supplier account after receiving complete documents with approval.
• Liaising with suppliers for credit notes.
• Attaining any payment related issues.
• Co-ordination with the UK team for allocation & payments.
• Preparing MIS reports.
• Regularly reconciling & analysing the bank accounts.
• Preparing the Annual budget and Comparing it with actuals on monthly basis
• Preparing & analysing cash flow.
• Reporting to the management on highest risk accounts
• Preparing supplier ageing analysis.

• Supervising all the activities of Accounts Payable.
• Monitoring the supplier account & its reconciliation.
• Carrying out the GRNI Reports.
• Updating & Offsetting Negative Creditors.
• Reporting on Contra accounts.
• Making weekly Payment Schedules.
• Making Payments to Suppliers against Invoice / Pro-forma.
• Carrying out cheques & BACS payment on daily basis.
• Allocation of BACS, CHAPS, Cheque payment of the supplier account.
• Negotiating with supplier for better payment terms, discount.
• Creating the new supplier account after receiving completed documents with approval.
• Liaising with Suppliers for credit notes.
• Attaining any payment related issues.
• Co-ordination with the UK team for Allocation & Payments.
• Preparing MIS reports.
• Regularly reconciling & analyzing the bank accounts.
• Preparing the Annual budget and Comparing it with actuals monthly basis
• Preparing & analyzing cash flow.
• Reporting the Management on Highest Risk accounts
• Preparing Supplier ageing analysis.

• Recording of entire purchases and ensuring the timely completion of Accounts Payable function.
• Recording of all the Cash and Bank payments and receipts transaction.
• Preparation of bank reconciliation statement on a daily basis and providing the same to Finance Head to enable him for effective utilization of funds.
• Preparation of Customer and Vendor account reconciliation to ensure all the debit notes and credit notes raised by customer have been duly accounted for.
• Verification of Purchase orders and agreements to ensure that the transactions are recorded at the rates specified there in.
• Preparation of Vendor and Customer Ageing.
• Calculation of Excise Duty / VAT liability / PAYEE and ensuring the timely payment of the same.
• Furnishing the requisite documents as required by internal and statutory auditors for the purpose of audit.
• Maintenance of effective control over the documentation part to ensure that the same are kept safely and with utmost care.
• Preparation of list of Employee Advance and providing the same to Human Resource department for further action.
• Inventory Management
• Handling the internal audit of the companies including setting up of internal audit systems as well as monitoring of the implementation of the systems
• Maintaining statutory books of accounts, handling reconciliation of financial statements in compliance with the norms and developing MIS reports in accordance with the Law
• Involved in preparing Fund Flow, Cash Flow and Annual Budget
• Acting as a single point of contact between Banks and HO for queries from the Tax Department
• Conducting yearly audit as prescribed by the law

• Finalization of accounts of various individuals, partnership firms, construction firms and companies taking in to consideration the Indian Accounting Standards.
• Exposed to ERP, MS software, Tally.
• Acting as a single point of contact between Banks and HO for queries from the Tax Department
• Conducting yearly audit as prescribed by the law
• Calculation of advance tax and ensuring the timely payment of the same
• Calculation of VAT liability and ensuring the timely payment of the same.
• Preparation of ETDS and ETCS return working and timely filing of ETDS Return.
• Preparation of Excise and Service Tax return working and timely filing of Return.
• Generation of TDS and TCS Certificates on Quarterly basis and disbursing the same to the Vendors.
• Handling reconciliation of bank & branch accounts and supervising Credit Control function