Accounts and Finance-Head
Maxi Enterprises-Trucking Division
Total years of experience :35 years, 3 Months
Contractual Assignment with Maxi Enterprises-Trucking Division/
Maxi Bond-Adhesive Manufacturing Division June 2017 to Present
• Managing Trucking Solutions for DTDC
• Vehicle Master Management
• Managing Accounts and Finance
• Auditing and Finalization-Tally ERP 9
• Billing/Insurance/MIS-AR/AP/GL
• Managing Statutory compliance GST/TDS
• People management
• Other Administrative Activities Management
• Management - Accounts and Administration of the newly formed company
• Company Incorporation
• Obtaining licenses-Liaison with Auditors
• Costing and Profit Analysis for every International & Domestic Consignment
• Implementation of DPC-Direct Product Costing
• Analysis on Sales Review every week
• Digitalized Vendor Payables
• Cash Flow-Funds Management
• Digitalized Vendor Payables NEFT/RTGS - Best Vendor Management - BVM
• Encouraging NEFT/RTGS for Customers Receivables -Good Cash Flow Management-GCFM
• Obtaining Spot Rates better/Enhanced Profits
• People Management
• SAP Accounting FICO-AR/AP/GL
• RMM/Budgeting-analysis/DOS Management
• Entrusted with the responsibility of managing Regional - International Accounts at Bangalore.
• Managing updating of accounting records in in-house software ‘CTBS’.
• Effectively managing payables and receivables to ensure healthy Cash/Fund flow status.
• Verifying and processing of vendors bills and authorizing remittance as per order terms.
• Maintaining control over expenses and keeping Ledger Accounts.
• Ensuring compliance with Audit/IT requirement and filing all records on time
• Ensuring timely compliance with statutory provisions relating to Service Tax/TDS/Professional Tax etc
• Periodical reconciliation of suppliers/vendors
• Maintaining regular follow up with credit customers to realize payments as per contract terms. Arranging recovery of bills outstanding from channel partners viz., Octroi bills/freight bills etc
• Arranging issue of Debit/Credit Notes in settlement of claims of franchisees
• Efficiently maintaining Centralized Collections Account.
• CMS Management-Updating daily CMS -cash flow Fund Management Etc.,
• People management
Career Achievements:
• First person to receive BRAVO CARD in Accounts Department of DTDC EXPRESS LTD in Bangalore Region from the Management for arresting REVENUE LEAKAGE Rs.25 lakhs P A
• Awarded for arresting REVENUE LEAKAGE in Domestic Division of DTDC EXPRESS LTD for more than 1 Crore PM
• Managed firm’s accounts on in-house software ‘OMM’ and maintained accurate and updated books of accounts. Efficiently managed Cash/Fund flow, payments, and collections as per firm’s credit policy and contract terms. Conducted accounts reconciliations with bank, vendors and clients.
• Effectively handled Service Tax/TDS/Professional Tax related issues.
• Managed entire business operations as business partners with Gati. Streamlined the process of Pickup and delivery of cargo, arranging local deliveries, collections including COD/DOD/ outstanding payments and remittances.
• Developed productive relations with Clients to ensure their continued patronage.
• Provided overall administrative support to ensure smooth business operations.
• Successfully operated as vendor for Hosur - Nelamangala route for over 10 years.
• Spearheaded entire Branch operations as Incharge. Promoted loan products for Consumer durables, Two & Four wheelers, Machineries/Equipments, Mortgage loans on Immovable Properties etc.
• Managed entire loan documentation process and accorded approvals upon complete verification of documents. Driven collection initiatives to arrange timely Recovery of installments
• Recruited, trained and deployed staff to man various job slots.
• Maintained Books of Accounts, prepared branch Balance Sheet, filed sales tax returns, and arranged timely assessments. Liaised with various Government Departments in the course of business activities.
• Prepared branch budget and enforced budgetary control on spending.
• Prepared and submitted structured MIS reports to HO periodically
• Supervised Regional / Branch Accounting operations. Prepared daily Cash & Bank statements. Conducted Inter Branch / Head Office accounts Reconciliation
• Assisted in general administrative work and office correspondence
Linked in https://www.linkedin.com/in/pranesh-shivaram-4079261a
Commerce Graduate Accounts /Economics/Stats/Commerce