Pranab Brahmangaonkar Email & Phone Number

Pune, Mh, In

Pune, Maharashtra, India.

Ensuring & analyzing that all Import closing entries are accurately entered within the agreed time schedules and in accordance to Group standard.Import accounting of Manufacturing & Trading Imports and related activities.Preparing Creditors Aging Analysis on Monthly basis & working on the Open items.Providing foreign currency exposure to treasury.Import remittances to Group Companies / NON-TMS remittances to Group Companies for DCD & HSS Shipments on or before the Due… Show more Ensuring & analyzing that all Import closing entries are accurately entered within the agreed time schedules and in accordance to Group standard.Import accounting of Manufacturing & Trading Imports and related activities.Preparing Creditors Aging Analysis on Monthly basis & working on the Open items.Providing foreign currency exposure to treasury.Import remittances to Group Companies / NON-TMS remittances to Group Companies for DCD & HSS Shipments on or before the Due Date.Compiling notes to accounts information in respect of Account Payable - Group Imports.Providing data required to the auditors for their Analytical review.Calculations for monthly Provisions of Customs Duty, International Freight & Import Expenses for Trading Imports.Quarterly reporting of Inter Companies / Group Companies reconciliations.Reconciliation of Advance Custom Duty Account with CHAs.Valuation of Closing Traded Stock & Inventorise of Import Expenses.Preparing & Circulating Outstanding High Sea Sale (HSS) Shipments to BU Controllers & Sales teams.Laisioning with Bankers issues related to A1 & A2 Bank Payments.Calculation of Quarterly Group Purchases.Expenditure in Foreign Currency & Reimbursement of expenses for SKF Group Companies to Taxation for Notes to Accounts.Compilation of data required for Transfer Pricing (i.e. HSS Purchases, DCD GIT, Service related details) Laisioning & discussing with consulting Chartered Accountant for arriving at With Holding Tax % applicable in DTAA (Double Taxation Avoidance Agreement) with India.Quarterly details to Taxation for TDS return U/s. 195.Monthly Re-instatement of TDS accounts with SBI rates.Coordinate with Internal, External & SOX Auditors for Accounts Payable related Audits.NOTABLE ACHIEVEMENTSAwarded as a “Finance Manager of the year” for 2012.Process setup for Import Warehousing with HSBC Bank.Successfully Implemented TINA (Treasury Invoicing Netting Application) project for SKF India as per Group guidelines. Show less

Ras-Al-Khaimah, United Arab Emirates.

KEY TASKS HANDLEDPreparing & Finalization of Monthly Profit & Loss A/c., Balance Sheet, Cash Flow Statement & Schedules, Monthly Expense Provisions, Notes to Financials, Valuation of Closing Stock.Ensure that all financial monthly accounts are accurately produced and circulated within the agreed time schedules.Compile and analyze financial information to prepare accurate entries to accounts. Also ensure Cost Centers, Sub Account Codes, Transaction Types, etc. adhered while punching… Show more KEY TASKS HANDLEDPreparing & Finalization of Monthly Profit & Loss A/c., Balance Sheet, Cash Flow Statement & Schedules, Monthly Expense Provisions, Notes to Financials, Valuation of Closing Stock.Ensure that all financial monthly accounts are accurately produced and circulated within the agreed time schedules.Compile and analyze financial information to prepare accurate entries to accounts. Also ensure Cost Centers, Sub Account Codes, Transaction Types, etc. adhered while punching of entries.Controlling all Banking related activities like opening of L/C’s, negotiating of payment against L/C’s (Sales & Purchases). Negotiating / Laisioning with bankers for Forward Contracts & Fixed Deposit.Negotiating / Laisioning with Insurance Co. for Various Insurance Policies for Company, & Time to time covering our Shipment under Marine Cargo Insurance Policy for Import & Exports.Maintaining Fixed Assets Register & Preparation of monthly / annually Depreciation Schedule.Salary, Bonus, & Leave Travel Allowance calculation for Staff & Employees related activities.Debtors and Creditors weekly reconciliation and analysis, all in accordance with adjustments pertaining to Debit Note/Credit Note raised, Adjustment of advances, Discounts, Bill passing, discrepancy in booking etc. Looking after Payments which include Statutory Payments, Salary Payment, & Creditors Payment on the basis of Aging report. Annually Physical Verification of Raw Material, WIP, Finished Goods & Fixed Assets. Show less

Pune Area, India

KEY TASKS HANDLEDProviding a MIS Reporting & preparing various reports for Merloni TermoSanitari (India) Limited & Merloni TermoSanitari Stainless Steel Products (India) Limited, a sister Company (Reports like Plant Efficiency Reports, Working Capital Reports, Inventory Reports, Product wise Profit & Loss, & CAPEX Report) and sending to Head quarters at Italy.Subsystem & General Ledger (GL) Controls & reconciliations. (for Both the Companies)Capital Indents & Investment Budget… Show more KEY TASKS HANDLEDProviding a MIS Reporting & preparing various reports for Merloni TermoSanitari (India) Limited & Merloni TermoSanitari Stainless Steel Products (India) Limited, a sister Company (Reports like Plant Efficiency Reports, Working Capital Reports, Inventory Reports, Product wise Profit & Loss, & CAPEX Report) and sending to Head quarters at Italy.Subsystem & General Ledger (GL) Controls & reconciliations. (for Both the Companies)Capital Indents & Investment Budget Controls. (for Both the Companies) Liasioning with RBI for problematic Import Payments.Documentation for Foreign Remittance, & activities related to Bank, Like L/C. Opening, acceptance of L/C., Vendors Reconciliation, Preparing Various Reports related to Stocktaking & Audit, Working on Accounts Payable. Show less

Pune Area, India

KEY TASKS HANDLEDArranging to issue Bank Guarantee as per the terms of Contract with Customers, arranging Amendments & Cancellation of Bank Guarantee etc. MIS Report related to Bank Guarantees,Bank Payments Division wise, Making Foreign/Inlands Letter of Credit applications as per the agreed terms, L/C Amendments, Acceptance of L/C. Foreign Bills, Presentation Memo’s for payments of L/C’s on Due Date,Arranging to issue Delivery Order from Banks to get release the Material from the… Show more KEY TASKS HANDLEDArranging to issue Bank Guarantee as per the terms of Contract with Customers, arranging Amendments & Cancellation of Bank Guarantee etc. MIS Report related to Bank Guarantees,Bank Payments Division wise, Making Foreign/Inlands Letter of Credit applications as per the agreed terms, L/C Amendments, Acceptance of L/C. Foreign Bills, Presentation Memo’s for payments of L/C’s on Due Date,Arranging to issue Delivery Order from Banks to get release the Material from the Customs. Looking after Payments, which includes Salary Payment, Creditors Payments, Excise Payment, TDS Payment, Directors Expenses, Statutory Payments & Foreign Payment etc.Maintaining Bank Register, Expenses Account & Preparing Cheques for Branches.Cash Managements for PDC, Hundi & L/C. Due Dates & Preparing Bank wise Daily Fund Position. Show less

Mumbai Area, India

Maintaining Bank Book & Reconciliation of Bank Balance,Payments to Vendor & Other Parties, on the basis of Aging Report,Preparing Various MIS Report required by the Management,Keeping track of Statutory Payments, Vendors Reconciliation & Bill Passing, Bill Booking,Working on Accounts Payable / Accounts Receivables, Maintaining Purchase, Sales & Journal Registers,Verification of Salary & Wages Bill / Statements Assisting Chief Accountant for Finalisation of… Show more Maintaining Bank Book & Reconciliation of Bank Balance,Payments to Vendor & Other Parties, on the basis of Aging Report,Preparing Various MIS Report required by the Management,Keeping track of Statutory Payments, Vendors Reconciliation & Bill Passing, Bill Booking,Working on Accounts Payable / Accounts Receivables, Maintaining Purchase, Sales & Journal Registers,Verification of Salary & Wages Bill / Statements Assisting Chief Accountant for Finalisation of Accounts,Maintaining Register for Depreciation, Deprecation Working, Maintaining Fixed Asset Register of the Company,Bill Passing and Bill Booking for Purchases of Raw Material & Capital Goods & Payments,Accounting of Export Receipts, as well as Foreign Remittance. Show less

Hsc

Master Of Commerce, Costing & Overheads

Bachelor Of Commerce (Bcom), Financial & Management Accounting

Ssc