cv nitin v. vasudeo v4

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NITIN V. VASUDEO Cell: 050-3618402 E-Mail: [email protected] In quest of a career enhancements in assignments across operations in Accounts, Finance and Administration with a growth oriented organization. Professional Synopsis - Result oriented professional with over 22 years experience in Accounts, Finance & related administration functions - High level of Experience in Financial Accounting, Budgeting and Planning, Costing, Management Accounting / Reporting, Internal Audit coupled with implementation of related Administrative Functions, Policies and Procedures - High level of expertise in analyzing and improving systems and procedures, designing internal control and providing recommendation to the Executive Team - A keen analyst with exceptional interpersonal skills and strong relationship management, team building, problem solving and organizational abilities - Successful in handling Tax and Legal matters and dealing with government authorities Core Competencies Balance Sheet Profit & Loss Payroll Management Accounts Receivable / Payable MIS Reporting Revenue Accounting Inventory Accounting Budget Implementation and Reporting Fund Planning Cash Flow Management Staff Supervision Administrative & Clerical Procedures Team Management Customer Service Management Documentation & Credit Policies Operations Management Supervising and maintaining statutory books of accounts and reconciliation of financial statements as per IAS Formulating budgets and conducting variance analysis to determine the difference between projected & actual results and implementing subsequent corrective action Monitoring MIS preparation to provide feedback to management on financial performance, viz. monthly profitability, turnover & quarterly result Supervising completion of internal and statutory audits within prescribed time limit and budget cost Monitoring of statutory recoveries & ensuring timely remittance to the concerned authorities Ensuring accuracy in line with corporate accounting standards and administration policies Employment Details Manager Administration & Accounts - Capital Values Group of Companies, Dubai, UAE Period : April 2008 to present Reporting : Chairman and Director Finance Company Profile: University student accommodation on a global scale and Facilities Management Services Role & Responsibilities: Analyzing Balance sheet, Income Statement, Trial Balance Budget preparation and monitoring Co-ordination with auditors up to finalization Supervising accounts receivable and payable Coordinating with lawyers for the setup of a new company, amendments to Memorandum and articles of association & other legal matters Preparation of periodic reports for management Managing relationship with government authorities Like DEWA, Etisalat, Labour and Immigration

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Page 1: Cv   nitin v. vasudeo v4

NITIN V. VASUDEO Cell: 050-3618402 E-Mail: [email protected]

In quest of a career enhancements in assignments across operations in Accounts, Finance and Administration with a growth oriented organization.

Professional Synopsis- Result oriented professional with over 22 years experience in Accounts, Finance & related administration functions- High level of Experience in Financial Accounting, Budgeting and Planning, Costing, Management Accounting /

Reporting, Internal Audit coupled with implementation of related Administrative Functions, Policies and Procedures - High level of expertise in analyzing and improving systems and procedures, designing internal control and providing

recommendation to the Executive Team- A keen analyst with exceptional interpersonal skills and strong relationship management, team building, problem

solving and organizational abilities- Successful in handling Tax and Legal matters and dealing with government authorities

Core CompetenciesBalance Sheet Profit & Loss Payroll Management Accounts Receivable / PayableMIS Reporting Revenue Accounting Inventory Accounting Budget Implementation and ReportingFund Planning Cash Flow Management Staff Supervision Administrative & Clerical ProceduresTeam Management Customer Service Management Documentation & Credit Policies Operations Management Supervising and maintaining statutory books of accounts and reconciliation of financial statements as per IAS Formulating budgets and conducting variance analysis to determine the difference between projected & actual results

and implementing subsequent corrective action Monitoring MIS preparation to provide feedback to management on financial performance, viz. monthly profitability,

turnover & quarterly result Supervising completion of internal and statutory audits within prescribed time limit and budget cost Monitoring of statutory recoveries & ensuring timely remittance to the concerned authorities Ensuring accuracy in line with corporate accounting standards and administration policies

Employment DetailsManager Administration & Accounts - Capital Values Group of Companies, Dubai, UAE Period : April 2008 to presentReporting : Chairman and Director FinanceCompany Profile: University student accommodation on a global scale and Facilities Management Services Role & Responsibilities: Analyzing Balance sheet, Income Statement, Trial Balance Budget preparation and monitoring Co-ordination with auditors up to finalization Supervising accounts receivable and payable Coordinating with lawyers for the setup of a new company, amendments to Memorandum and articles of association

& other legal matters Preparation of periodic reports for management Managing relationship with government authorities Like DEWA, Etisalat, Labour and Immigration Conducting research, price and purchase of CAPEX and supplies, coordinating project based work Planning, coordinating and implementing customer service strategies aimed at enhancing the image of the company

while maintaining the integrity of the overall financial performance Coordinating with other departments / Branch Supervisors for new commitments Observing the performance level of all departments to ensure adherence to company’s policies and established

operating procedures Co-ordinate with Bankers for opening an account, facilities, KYC documentation and for other work as Responsible for cash management and movement of funds as per the requirement of business

Senior Accounts Officer - Dubai American Academy & Westminster School – GEMS Education, Dubai, UAE Period : Feb 2002 to Apr 2008Reporting : Director FinanceCompany Profile: Management of 35 leading educational institutions all over GULF and 50 schools worldwideRole & Responsibilities: Preparation of Balance Sheet and Income statement

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Managing collection of fee income and other income and accounting for the same Managing Internal & External Audit process Developing and implementing financial policies and procedures Budget preparation and monitoring with variance analysis report Payroll administration for all staff Monitoring the school transport facility – Vehicle Maintenance, meeting with parents for their suggestions/complaints Monthly review meeting with the administration and support staff to tackle any operational issues Supervising the reconciliation of the student database with the registrar Capex accounting and meeting with suppliers for price negotiation Ensuring business units are performing as per the policies & procedures as outlined by the Head quarter Monitoring MIS like Cash flow, bank reconciliation, PDC management (Receivables/Payables)Noteworthy Contributions: Received “Performer of the Year” in 2006 and “Employee of the Month” award in the March - 2004, April - 2006 &

November - 2007 Instigate school administration to convert outsourced transport to own Transport which resulted into increase in profit

margin. Reduction in fees outstanding by implementing various methods of recoveries, resulted in improvement in cash flow

by 70% Other school activities fees collection, brought under the department of Finance and Accounts which resulted into

increase in revenue Implemented a new budgeting system in such a way that everybody get involve and cut down the cost where ever

necessary by 50%

Assistant Manager (Accounts & Administration) - Meguin Oil India, Mumbai, India Period : Jan 2000 to Jan. 2002Reporting : Manager – Finance, ChairmanCompany Profile: A subsidiary of Nandan Group Of Companies, one of the leading Petroleum companies associated with trading activities in oil and blending lubricating oils for various MNC’s in India Role & Responsibilities: Preparing monthly Cash flow, Income Statement and balance sheet Analyzing Creditors, Debtors and General Ledger Trial Balance Controlling cash credit account at Head Office Responsible for following up with C&F Agents for stocks, sales and recoveries Credit control for Debtor and monitoring the movement of stock Noteworthy Contributions: Implemented a monthly stock taking activity at the distributors warehouse which resulted into

a. Locate fast moving oil and lubricant products for a particular region – Save 20% cost on stocks holdingb. Cut down the production of slow moving oil and lubricant products – Save 25% cost on production floor

Assistant Manager (Accounts – Western Region) - Escort Finance Limited, Mumbai, India Period: Jan 1998 to Dec 1999Reporting: Branch ManagerCompany Profile: One of the leading Non-Banking Financial Corporation, engaged in the financing activities for four wheelers, Earthmoving Equipment and Construction EquipmentRoles & Responsibilities: Monitoring the movement of stocks, cash credit account and trial balance Dealer reconciliation, budgeting, monitoring overheads and recoveriesNoteworthy Contributions: Implemented system for the repossessed vehicle stock and disposal by way of Inviting tenders resulted into –

a. Fast recovery of Debt b. decrease in cost of asset holding

Assistant Manager (Finance - Accounts) - Tipco Polymers Limited, Mumbai, IndiaPeriod : Jan 1992 to Dec 1997Reporting : Vice President (Finance)Company Profile: Manufacture of phenol formaldehyde Resins, Molding Powder, Hardeners Roles & Responsibilities: Sales tax assessments, quarterly fixed deposit interest calculation, Tax deduction and filing of Income tax returns

bank reconciliation, Analyzing accounts payable / receivable and general ledger trial balance, MIS reporting, Noteworthy Contributions: Tax assessments were clear of all penalties or demands with an average score of up to 95% Reduced outstanding debts by one million Indian rupees by chasing sales team on weekly basis and sending reminder

letters to debtors fortnightly followed by telephone calls

Education: Bachelor of Commerce – Mumbai University, India, 1989

IT Skills MS-Office (Word/Excel), Internet & Outlook

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LAN based Multi-user Business Accounting Software viz. DATASOFT & SYBASE Package, Tally 5.4 Version,VB.net, Navision

Netware Local Area Network with 15 Nodes including Power Backup System Management

Personal DetailsDate of Birth: 24th October 1968 Languages: English, Hindi, Marathi and GujaratiReferences: Available on request Visa: Employment Visa unlimited contract