Ajay Paranjape

I am a CA (Chartered Accountant-India) & have also cleared the CISA (Certified Information System Auditor). I have more than 18 years of experience in the field of Accounts, Finance & Internal Audit. I have also exposure in SAP ERP, Navision ERP & Tally ERP 9.
Key Job Responsibilities Handled Across the Tenures

• Accounts & Finance

Direct and coordinate company financial planning and budget management functions.
Measure the financial and operating performance of trading division against benchmarks set by management
Monitor and analyze monthly operating results against budget.
Direct and coordinate debt financing and debt service payments with external agencies.
Oversee daily operations of the finance department.
Manage the preparation of the annual financial reports for management as well as statutory authorities.
Ensure statutory compliances as required by various local, state, and federal govt. bodies
Work with department managers and corporate staff to prepare annual budget as well as develop three to five year business plans for the company.
Design, establish, and maintain an organizational structure and staffing to effectively accomplish the department's goals and objectives.
Serve on planning and policy-making committee.
Co-ordinate statutory audit, provide recommendations for procedural improvements.

• Internal Audit
Review, appraise & report on the adequacy of the systems of managerial, financial, operational & budgetary control & their reliability in practice including -
1. The relevance of established policies, plans & procedures, the extent of compliance with these
2. The appropriateness of organizational, personnel & supervision arrangements
3. The extent to which assets & interests are accounted for & safeguarded from losses of all kinds, arising from waste, extravagance, inefficient administration, fraud or other causes
4. The appropriateness, reliability & integrity of financial & other management information & the means used to identify, measure, classify, report & act upon that information
5. The follow up action taken to remedy previously identified weakness