Mukesh Devpura Email & Phone Number

Mumbai, Mh, In

Mumbai, Maharashtra, India

Handling accounts payable process of the company at head office

Mumbai Area, India

Controlling account payable process of entire group with strict timeline.Review of Balance sheet accounts for month end closing. Keep control of advances made to suppliers and track the goods delivery.Reconciliation of Intercompany- accounts and major suppliers Monitoring reconciliation of inventory held at different warehouse locations.Supervising bank reconciliation with special focus on unclear items.Hold meetings with internal and external departmenton weekly basis.Ensure compliance of requests received from auditors. Training and grooming of staff and performance evaluations for team members.

Mumbai Area, India

Worked with Mumbai International Airport Private Ltd- a subsidiary of (GVK Power and Infrastructure Ltd)as Manager in Accounts &Finance Department looking after the entire Financial functions of the separate strategic business unit of the company having the annual turnover of 350 Cr. Managing the team of 12 people. The job responsibilities include:Detailed profitability statement on monthly basis.Monthly Revenue MIS with detailed variance analysis. Ensure completion of books of account by creation of provisions and other journal entries.Monitoring receivables in order to keep track on timely billing to customers, conducting ageing analysis and meeting with high profile customers. Monitor vendor payment to ensure that sensitive payment made to service providers on due dates.Liaising with operation department while entering into agreement with new Customers, and give inputs on service tariff, security deposit, and monitor renewal/expiry of agreementPreparing revenue models for new projects and recommend the most feasible one to management.Determination of service tax liability for the month and intimate the same to Taxation department.Monitoring checking of TDS certificates received from customers and onward submission to taxation department.Evaluation of Purchase requisition received from Operation department and forward the same to Material department with detailed justification.Supervising Bank reconciliation on daily basis.Supervising internal audit team to carry out revenue audit on ongoing basis.Liaising with Statutory auditor to carry out statutory audit.Compilation of Revenue and Expenses budget on yearly basis with detailed justification and variance analysis. Negotiating rates with vendor at the time of annual renewal of contracts.

Surat Area, India

• Evaluation of business proposals as per credit policy.• Sanctioning of Loan if the proposal meets the policy criteria.• Personal visit of office/factory premises of high value loan customers. • Conducting meeting with sales and operation team at regular matter to discuss matter relating to delinquency, turnaround time and to ensure quick processing of cases at minimum risk.• Preparation of credit MIS on weekly basis with detailed analysis.

Rajkot Area, India

Worked as an Assistant manager in ICICI retail division (Commodity based financing). The job responsibilities include:• Evaluation of proposal for commodity financing as per Bank policy.• Approval of loan for Disbursement if the proposal met the required parameters. • Tracking of insurance policies for commodities pledged in Warehouse. • Approval for releasing goods from warehouse after receipt of full payment. • Coordinating with the internal auditors and statutory auditors for conducting internal and statutory audit.

Mumbai Area, India

• Preparing budgets for company owned retail outlet on monthly basis for expenditure to be incurred in the month and analysis of variances.• Monitoring vendor payment to ensure that payment is made on timely basis• Analysis of sales made and cash deposited on weekly basis and issuing D/N to operators for cash short deposited.• Preparing cash forecasts on weekly basis for expenses to be incurred in forthcoming week.