Navneet Vashist

Navneet Vashist
Mobile: 9034821234 E-Mail navneet.vashist@gmail.com


Managerial assignment in Accounting/ Finance with organization of high repute.

CAREER CONSPECTUS




CAREER COUNTER

WORKING WITH PACETEL SYSTEMS PVT. LTD. : MAY ‘17 – TILL DATE
Sr. Manager-Accounts & Finance
SITUATED AT NOIDA

Key Result Areas

 Cash management (including placement/movement of funds.
 Maintains organized set of detailed records and files to document financial transactions.
 Resolves complex accounting issues or assists other Authority personnel in resolving financial issues.
 Reviews general ledger on a monthly basis to ensure accuracy of posting.
 Coordinates monthly, quarterly, and annual closing activities.
 Produces quarterly and annual financial statements and ad hoc financial reports.
 Makes and implements recommendations to improve accounting processes and procedures.
 Performs other duties as assigned or required.


CAREER COUNTER

WORKING WITH INFINITI RETAIL LTD – A TATA ENTERPRISE : JULY ‘13 – APRIL`17
Assistant Manager-Accounts & Finance
CURRENT ROLE: - REGIONAL HEAD-HARYANA, PUNJAB & CHANDIGARH

Key Result Areas


ACCOUNTS PAYABLE/RECEIVABLE/EXPENSE:

 Reviews accounts payable documents prepared by subordinates for accuracy, completeness and conformance to policy; authorizes for payment
 Ensures accurate entry of transactions to accounting system.
 Performs accounts payable portions of month end close, including accounts payable accruals and detailed schedule preparation
 Work with vendors to resolve disputes and ensure that services are not interrupted, including reconciling of vendor statements monthly
 Responsible for preparing month-end schedules and reports for management review
 Educates company’s staff regarding Accounts Payable and travel policies and procedures.
 Analyzes, resolves and answers complex or difficult problems presented by subordinates and company’s staff, or vendors
 Review of Employee Advances, Full & Final Settlement & Employee Expense reimbursement and payroll processing of employees in the group co.
 Introduce work process for vendor payments for their better controlling.
 Reviewing on monthly basis all cheques issued from company but not presented in bank and getting the pendency closed subject to audit compliance.
 Preparing Cash reconciliation Report to keep a check on cash handled at retail stores by cashiers.
 Handling Licenses and Sale Tax related matter for all the five stores in cluster.



BANK/ VENDOR RECONCILITION/ SIS VENDOR CONTROLLING/ INCOME RECOVERY:

 Bank reconciliation at monthly basis for proper and effective closure.
 Reconciliation of other balance sheet items which helped in tracking of accounting errors and work pendency and rectification of the same.
 Reviewing and deciding course of action for balance outstanding in debtors and creditors accounts.
 Ageing analysis which highlighted how much pendency was there on monthly basis and thus assisting in clearing liabilities.
 Checking and verifying SIS vendors’ bill booking across all stores in north India.
 Keeping a check at booking/recovery of income(Display income/Listing fees/ Other Income heads)



MIS REPORTING &FUND FLOW MANAGEMENT:

 Reviewing P&L at monthly closing focusing on the expenses and income heads.
 Analyzing the margin difference and Expense variation on YTD basis to track the errors and get them rectified.
 Handling monthly compilation of Profit and loss accounts of all the seven stores in the cluster for expense analysis;
 Making fund flow every month for north zone bank accounts for reconciliation purpose.
 Giving strategic inputs in preparation of Annual Business Plan based up on the P&L analysis.
 Confirms financial status by monitoring revenue and expenses; coordinating the collection, consolidation, and evaluation of financial data; preparing special reports.
 Accomplishes accounting and organization mission by completing related results as needed.
 Monthly closing of the books, preparation and on-time submission of monthly Management Report. Plan and coordinate for the annual statutory audit
 Monthly Ledger Scrutiny.
 Maintains financial security by establishing internal controls.
 Performed responsibilities of preparing year-end financial reports and statements
 Responsible for handling financial reporting process under the guidelines of the staff
 Assigned responsibilities of debt management and maintained account related documents
 Personalize new MIS requirements from Operations perspective and as required for accurate business information.


CAREER COUNTER

WORKING WITH FUTURE GROUP : OCTOBER ‘06 – 25TH JULY`13
Assistant Manager-Accounts & Finance
ROLE: - HANDLING, HARYANA, PUNJAB & HIMACHAL CLUSTER AS CLUSTER HEAD


Key Result Areas

BUDGET SPECILIST since June 2008 to July 2013
 Collecting financial data of a year and analyzing it
 Responsible for reviewing different financial reports of different departments, and prepare them as per the assigned budget
 Regular monitoring of both income and expenditure should take place and the results of such monitoring should be appropriately documented
 Assigned responsibilities of managing budgets, preparing financial forecast, and periodic financial information
 Assisted in the development of operating budgets and the distribution of financial resources, perform analysis of variances and discrepancy between budget and actual expenditures, research financial data within accounting systems and resolve questionable financial entries.
 Analyzed costs on a year-to-year basis relative to fiscal planning & budgeting activities through collection and assembly of financial data.
 Assisted Budget Manager with the analysis and coordination of matters relating to budget, statistical, and costing reports.
 Liaised and provided training to Store Managers, Store Teams during budget process.
 Attend budget discuss meetings.

MIS REPORTING &FUND FLOW MANAGEMENT:

 Reviewing P&L at monthly closing focusing on the expenses and income heads.
 Analyzing the margin difference and Expense variation on YTD basis to track the errors and get them rectified.
 Handling monthly compilation of Profit and loss accounts of all the seven stores in the cluster for expense analysis;
 Making fund flow every month for north zone bank accounts for reconciliation purpose.
 Managing CFO compliance certificates for all the stores in the cluster.
 Giving strategic inputs in preparation of Annual Business Plan based up on the P&L analysis.
 Confirms financial status by monitoring revenue and expenses; coordinating the collection, consolidation, and evaluation of financial data; preparing special reports.
 Accomplishes accounting and organization mission by completing related results as needed.
 Monthly closing of the books, preparation and on-time submission of monthly Management Report. Plan and coordinate for the annual statutory audit
 Monthly Ledger Scrutiny.
 Maintains financial security by establishing internal controls.
 Performed responsibilities of preparing year end financial reports and statements
 Responsible for handling financial reporting process under the guidelines of the staff
 Assigned responsibilities of debt management and maintained account related documents
 Personalize new MIS requirements from Operations perspective and as required for accurate business information.

ACCOUNTS PAYABLE/RECEIVABLE/EXPENSE:

 Reviews accounts payable documents prepared by subordinates for accuracy, completeness and conformance to policy; authorizes for payment
 Ensures accurate entry of transactions to accounting system.
 Performs accounts payable portions of month end close, including accounts payable accruals and detailed schedule preparation
 Work with vendors to resolve disputes and ensure that services are not interrupted, including reconciling of vendor statements monthly
 Responsible for preparing month-end schedules and reports for management review
 Educates company’s staff regarding Accounts Payable and travel policies and procedures.
 Analyzes, resolves and answers complex or difficult problems presented by subordinates and company’s staff, or vendors
 Review of Employee Advances, Full & Final Settlement & Employee Expense reimbursement and payroll processing of employees in the group co.
 Introduce work process for vendor payments for their better controlling.
 Filling of TDS & VAT Returns.
 Reviewing on monthly basis all cheques issued from company but not presented in bank and getting the pendency closed subject to audit compliance.
 Preparing Cash reconciliation Report to keep a check on cash handled at retail stores by cashiers.
 Handling Licenses and Sale Tax related matter for all the seven stores in cluster.

BANK/ VENDOR RECONCILITION/ SIS VENDOR CONTROLLING/ INCOME RECOVERY:

 Bank reconciliation at monthly basis for proper and effective closure.
 Reconciliation of other balance sheet items which helped in tracking of accounting errors and work pendency and rectification of the same.
 Reviewing and deciding course of action for balance outstanding in debtors and creditors accounts.
 Ageing analysis which highlighted how much pendency was there on monthly basis and thus assisting in clearing liabilities.


KAPIL AGENCIES (NH-1, BRAND MALLS) : (APRIL-05 – OCTOBER-06)
Accounts Manager

Key Result Areas

 Retail Accounting, MIS, Sale Tax, Final Accounts Preparations, Bank Reconciliations, Vendor Reconciliations, Licenses, Accounts Receivable, Budget Planning etc.
 Bank reconciliations - Term Loan, CC accounts, Current Accounts.
 Daily Cash flow
 Vendor Reconciliations.
 Reviewing on monthly basis all cheques issued from company but not presented in bank and getting the pendency closed subject to audit compliance.
 Review of Employee Advances, Full & Final Settlement & Employee Expense reimbursement
 Balance sheet.
 Monthly /Quarterly/yearly Management Report and Financial Statements
 Monthly Ledger Scrutiny.
 MIS Reporting.
 Finalization of Sale Tax Returns.
 Preparation of Final Accounts.
 Term Loan and CC Interest calculation verification



Rakesh K. Gupta & Associates: (June-2004 to April-2005)
Sr. Executive Accounts

Key Result Areas

 Preparation of Account Books (Manual & on Computer)
 IT & Sale Tax Returns
 External Audits
 Internal Audits
 Preparation of various types of reports.
 Monthly Ledger Scrutiny.
 MIS Reporting.
 Bank reconciliations - Term Loan, CC accounts, Current Accounts.


Cipla Limited: (April-2003 to Jan-2004) as Account Assistant
Key Result Areas
 Book Keeping, Vendor Reconciliations, Bank Reconciliations, Helping in Sale Tax Preparation

PROFESSIONAL STRENGTHS

 A competent professional with proficiency in streamlining processes
 Expertise in analysis of accounts and expenses.
 Adept in monitoring payables and reconciliation of Balance Sheet items & GL clearing.
 Perfection in MIS Reporting
 Proficient in supervising and managing a team.
 Exceptional communication, presentation and monitoring skills with distinguished ability in managing day to day accounting treatments.
 Provide positive visibility to the company
 Better service, support, and response time.
SCHOLASITCS


 MBA Finance from SCDL
 B. Com From KUK in 2003


IT SKILLS

 Well versed with Windows, Ms Word, excel, power point and Internet application
 Diploma Tata InfoTech Windows, Ms Office (Word, Excel, PowerPoint) & PageMaker, working Knowledge of Tally.
 Have been working and gained proficiency in SAP (accounting transaction codes) since last 6 years.


PERSONAL DOSSIER

DOB : 1st June 1983
Permanent Address : #31B-Patel Nagar, Behind B.D. Flour Mill, Ambala Cantt
Languages known : English, Hindi, Punjabi
Marital Status : Single
Pass Port No. : K1005808