Deepak Mithani Email & Phone Number

Mumbai, Mh, In

Mumbai, Maharashtra, India

Preparation of L C issuance proposal , amendment, acceptance of BOE, negotiations for Local and import LC in line with UCP guideline. Reconciliation of LC limits utilization. Remittances form A1 & A2. Bank correspondence submit FEMA documents . Banking operation with various banks via digital platform . LC Application , Foreign Payments , BG Application , Idle Funds to be invested in Mutual Funds via MFU , & other Investments needs .Bank guarantees: Preparation of documents for issuance, amendment, extensions and cancellation of BGs Reconciliation of BG limits utilization Bank correspondence .Preparing MFU Schedule . Passing monthly Accrual entries / Provision entries for various Treasury Products like STL, LTL ,NCD , ICD for interest payable / receivable & reset the same via TRM module . Preparing Cash Flow Projections with various internal Team for funds requirements, based on cash flow statement, further decide to ICD or WCDL , OD facility withdrawn as per available limit & prescribed by the Board .Liaising with Internal Auditors & External Auditors . Handling back office of Treasury ( Forex ) of Tata Power Group Companies , Interacting with Middle , Front officer for ensuring hedging for Foreign currency exposures , Conclude the deals , its accounting in SAP .Hands on experience in TRM modules for various Forex products accounting. Calculations & inform to cash management team in advance for Cash Flow requirements for Forex deals like gain / Loss, Upfront fees for Options deals . MTM accounting for outstanding foreign exposures as per INDAS accounting . Participations in FRMC (Foreign Risk Management Committee) meeting along with front officer to decide Hedge Strategy & discussing various currency on -board exposure on monthly basis & as when required. Handling transaction like Trade credit reporting , Suppliers Credit , Buyers Credit & repayment the same in foreign currency & related RBI compliances liaising with various bankers or AD.

Mumbai, Maharashtra, India

 Accounting of Retail Billing, Co-ordination with Wholesale Banking for collection data Dealing with Banks for daily lodgment & credit to our account, accounting of consumer payment in consumer ledger.  Monitoring the payment from Licensees and bulk consumers. Monitoring daily collection from drop boxes, collection center, ECS and RTGS / NEFTDealing with Banks for daily credit arrangement as per agreed SLA. ( Service Line Agreement ) Preparing MIS collection on Monthly basis from various collection agencies and also preparing various modes of payments consumers are using to pay their bills.  Deficiency in Collection services from our bankers and resolve with them. Obtaining bank Guarantees & tracking for renewals Liaising with corporate accounts, and attending to internal & statutory auditors. Suspense Accounting – Posting, Scrutiny, Clearing, MIS. Daily monitoring Suspense accounts balances & resolving open items with help of bankers & revenue recovery & assurance team.  Bills verification for various departments & activates, services hired in FICO module.  Preparing of Provision of expenses schedule for various cost center & departments.  Wheeling Charges, Cross subsidy charges, Regulatory Assets liability booking on daily basis in SAP for R-infra. Extract of Data from SAP like bill data, Credit note, Meter Reading data and upload in E-Room for R-infra. Tracking of R-infra Payments on daily basis & share the details of amount payable to R-infra. Making Payment Schedule for R-infra as per the Baseline date & forward to Cash Department at HO to project the cash flow requirements for Corers of Payments. Extracts Data related to R-infra get tallied with BI summary report on weekly basis.  Maintains & passing entries for Load Reduction , Load Enhancement , Meter Shifting charges in FICA & FICO module for R-infra & preparing P file as per base line datesReporting To: Head Revenue Accounts & Chief Manager – Revenue Accounts.

Mumbai, Maharashtra, India

(COMMERCIAL PROFILE)  Scrutiny of tender Documents. Commercial helps on negotiation & order procurement. Scrutinizing of Purchase Order with respect to Commercial view Point. Commercial ONF Approval Process. Procurement of road permits & Way Bills wherever necessary & ensuring timely dispatches. Co-ordinate with Factory & BSR for Dispatches. Invoicing as Per Schedule follow up with the factory for system & trading Invoices. Submission of Invoices Project wise & PO wise along with due documents. Follow up for payment as per PO terms. Co-ordinations with Client for onward booking at client End. Follow up for Receipt of C Forms, AR3, BG, wherever applicable. Arranging Bank Guarantee, CG, as per PO terms for Advance & retention Money. Follow up for O/S  Placing the Order with Vendors for sourcing of Materials & calculating the Contribution with PO from customer. (Trading ActivitiesSALES – M I S)Daily Consolidation of sales, Order, Collection at Branch/ Zone Level.Daily track record on order logged in at All India level with ensuring all the terms within approval limits or getting approvals from Sales Head or MD. Monitoring of Discounts Actual V/S Budget at me level / Zone Level. Monitoring & follow up for DSO on overdue Debtors also keep track record on dealers outstanding within control & approved limits.Releasing incentives quarterly for the Sales team, CAD, Projects, Commercial Departments based on performance & Criteria.To support management to set the Monthly Collection Targets based on Previous Outstanding & Current billing for all over India Branches. Ensuring target set by management is achieved everywhere & support team leaders for the same. Finalizing Dispatch Plan at the beginning of the month & ensuring dispatches happen as per Plan. Monitoring & validating commercial Clearance happen on time with the basis of Customers PO, Advances, CT3 & negotiation of terms & Conditions etc.Reporting To: Sales Head & Commercial Head .

Mumbai, Maharashtra, India

Work Profile : - ( Sales Accounting Area )Credit Note :-As an Officer I had to work with Maharashtra Zone Branch on behalf of Head Office to look in to Pre Scheme Approval For Various CN (Credit Note) issue to Dealers. I am responsible for issuing Credit Note with H/O Circular & Approval base from H/O sanction with my Countersign. Also effectively & efficiently work on Monthly basis to make Self Scheme Assessment Control System. To ensure all credit notes& debit notes will get raised in time from collection coordinators end.Credit Control:-• Adherence to the Credit Control Policies and maintaining Dealers Outstanding levels within control & approved limits. Also keep track record on Dealer Invoices and do critical Ageing & Credit Analysis. If required then Enhance/Reduce credit limit as per corporate circular. Monitoring of outstanding of Dealers.MIS & Reports : - Consolidation of Sales / Collection / Outstanding report retrieving from Monthly DSR.All India Top Ten Dealers off Take & Scheme Analysis Report.Reporting To : -DGM Commercials & AGM Accounts. (Accounting Area)T.D.S. : -Monthly follow up of Tax Deduction on various payments & also reconcile with system, finally preparation of challan & deposited in Bank in due course of time.Finalization : - ( Closure of Books of Accounts)Finalization of Group Company’s balances including Reconciliation of Kitchen Appliances India Ltd (All India Branches ) V/S Videocon International Ltd.To control & track record of Bills Payable up to Checking & proceed for payment & accountability including cash & bank transaction.Dealers & Vendor Reconciliation. Reconciliation of Branch Control A/c V/S Head Office Control A/c (30 Nos.)Stock Reconciliation of Branches.Updating of finalization entries in branches & check with the final Trial Balance.Preparing of 3CD report as per Income Tax Requirement.Reporting To : - DM & AGM Accounts.

Mumbai, Maharashtra, India

Accounting Software : ( Quick FA ) Microbrain To maintain & handling of Funds Pay In & Pay Out of Girnar Tea Branches ( 20 Nos.), Bank Reconciliation. To maintain Bank Receipts, Bank Payments, Expenses, Journal Entries of Girnar Food & Beverages P.Ltd., also look in to Bills Payable with proper order, quotation , credit period, deduction of T.D.S. & fill up the challan. To control & analysis over Debtor’s / Creditor’s balances monthly. Monthly follow up over Purchase Register, Sales Register, Expenses Register, Trial Balances & Schedules forward to Finance Head. Bank Reconciliation of Current A/c & O/D A/c. To assisting & part of Inventory verify & Valuation of Inventory at Umbergaon ( Factory) & functionally to local on monthly basis. Maintain complete books of accounts at Umbergaon Factory including of Arrival, Purchase, Blend list, Production Entry, Packing Material, and Stock Transfer etc.  Liaison with Auditors for various compliance in Finalizations & updating of opening Balances. To Work on customers who are active having outstanding more than two month & follow up for the same. To solve the issues of billing / Collection & to see that Credit notes/debit notes will get raised in time. Complete handling of Sales Accounting, order processing , credit controlling, outstanding, Reliasation, Inventory, schemes, price List, cash discount, Cr.& Dr. Notes of Girnar Food & Beverages P.Ltd.( sales & Marketing ), finally to report to my Accounts & Finance Head & functionally to my Director.

Pgdfm Post Graduate Diploma In Financial Management (Nmims Global Access), Finance, General, First Class

Master'S Degree M.Com, Accounting And Finance

Bachelor Of Commerce - Bcom, Accounting And Finance