As a Chartered Accountant with a solid AICPA background, I have been pivotal in steering comprehensive financial management processes at Bharat Petroleum Corporation Limited. My technical proficiency spans crucial areas such as financial and management accounting, cost analysis, and corporate finance, backed by a deep understanding of SAP, Tally ERP, and custom ERP systems.In my role, I have successfully managed extensive financial responsibilities, including preparing and reviewing financial statements, rigorous account reconciliations, and thorough balance sheet analyses. My expertise also covers financial planning and analysis, auditing, taxation, and budgeting, ensuring adherence to best practices in management information systems.I actively led the annual financial reconciliation process, achieving a flawless record with 100% accuracy in account balances, which significantly reduced unaccounted discrepancies by 90%. My approach to financial reporting is meticulous, focusing on enhancing transparency and accountability in financial documentation and processes.Skilled in both conversational and written English, I can articulate complex financial data clearly and effectively. My career is a testament to my ability to navigate complex financial landscapes and drive strategic growth through informed financial decisions and robust reporting mechanisms. I am keen on leveraging my financial insight to contribute to and grow within dynamic organizations that value precision, integrity, and exceptional financial oversight.
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Assistant ManagerBharat Petroleum Corporation Limited Oct 2020 - Apr 2023Mumbai, Maharashtra, IndiaA major Indian state-owned oil and gas company providing a wide array of petroleum products.• Efficiently managed and submitted monthly tax returns, including comprehensive duty and payment calculations, ensuringannual management of $2.4B with 100% precision in reporting.• Maintained 100% operational accuracy with zero errors in duty calculation by overseeing the logistics of petroleum product distribution,aligning product movement with 50+ daily invoices at various dispatch points, and swiftly addressing discrepancies within 24 hours.• Enhanced the tax documentation process by developing a standardized template, which reduced errors by 40% and decreasedsubsequent queries from the tax department.• Prepared and successfully resolved 10+ tax-related appeals through meticulous representation at hearings, achieving a 90%success rate, thus protecting the company's fiscal interests.• Led the incorporation of new tax regulations into the corporate accounting system, significantly raising the precision of taxreports by eliminating 98% of historical inaccuracies.• Organized four specialized workshops on tax updates, producing a guide distributed to 200+ employees, markedly enhancingtax regulation awareness across the company.• Worked with various teams to enhance indirect tax strategies, reducing audit preparation efforts by 40%.• Directed a team of 4 Executive Officers and oversaw daily operational tasks. -
Executive AccountsBharat Petroleum Corporation Limited Oct 2019 - Oct 2020Mumbai Area, India -
Article AssistantAttar And Associates Aug 2016 - Oct 2019KalyanA Mumbai-based firm specializing in auditing, tax consultancy, and financial advisory services.• Directed a team of 8+ Junior Article Assistants through full audit cycles, adhering to all statutory guidelines, which set a newstandard for audit performance with no compliance issues.• Executed specialized audits for various Private Limited Companies using tailored accounting software, uncovering discrepanciesthat enhanced operational efficiency and financial reporting accuracy by 30%.• Performed concurrent audits at 3 bank branches, identifying and rectifying inefficiencies that significantly reducedadministrative time within the first quarter.• Developed and implemented a comprehensive due diligence checklist for mergers, streamlining the review process by 40% andenhancing the accuracy of corporate assessments.
Vinayak Dangare Education Details
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Accounting And Finance -
"O" Grade - 7/7 Gpa
Frequently Asked Questions about Vinayak Dangare
What is Vinayak Dangare's role at the current company?
Vinayak Dangare's current role is Finance Accounting Associate | Expert in Financial & Management Accounting | Proficient in SAP & MS Office | Chartered Accountant.
What schools did Vinayak Dangare attend?
Vinayak Dangare attended Institute Of Management Accountants (Ima), American Institute Of Certified Public Accountants (Aicpa), The Institute Of Chartered Accountants Of India, University Of Mumbai.
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