Nilay Banerjee Email & Phone Number

Fredericton, New Brunswick, Canada

St Stephen, New Brunswick, Canada

New Brunswick, Canada

Proficiently generate, distribute, and release invoices and supporting documents via mail, email, and web portals, ensuring effective communication with clients.Meticulously validate Customer Master accounts in response to email requests, following established protocols for accuracy.Perform mailroom duties with precision, contributing to a seamless and efficient invoicing process.Proactively contact customers to update information, demonstrating a commitment to quality customer service.Track and manage non-standard customer invoice requirements, ensuring compliance and tailored solutions, while leveraging expertise in AS400 and Oracle systems.

Mumbai, Maharashtra, India

Spearheaded comprehensive oversight of the accounting department, managing Accounts Payable/Receivable, General Ledger, Treasury, and Taxation functions with a strategic approach.Successfully led a high-performing team through valuation and funding audits, resulting in the successful acquisition of funding for the firm.Implemented robust accounting policies for cash management, monthly reconciliations, and payroll systems, optimizing departmental efficiency.Developed detailed risk assessments, internal controls, and process documents, enhancing overall department effectiveness.Ensured timely and accurate compliance with all financial reporting deadlines, maintaining a commitment to precision.Successfully negotiated favorable terms with vendors and suppliers, contributing to cost-effective operations.Conducted thorough monthly balance sheet account reconciliations, promptly identifying and remedying any unusual balances or transactions.Supervised cost tracking across the organization, maintaining stringent budgetary control on actual expenditures.Prepared and presented comprehensive reports with supporting documentation to angel investors, venture capitalists, and debt investors for funding purposes.Led the preparation of 5-year projections, taking accountability for full-year P&L, balance sheet, and monthly cash flow forecasts/budgets.Prepared project finance reports for specific projects and capital expenditures, ensuring financial viability and strategic alignment.Produced various financial statements and reports, including annual budgets, sales analysis, operating expenses analysis, and credit financing facilities analysis.Provided oversight for all aspects of fixed asset accounting, including capital expenditures and covenant reporting, ensuring compliance with policy.

Mumbai, Maharashtra, India

Implemented and enforced the firm's financial policy, overseeing day-to-day accounting operations and managing a team of accounting staff and financial vendors.Prepared and meticulously reviewed financial statements, reports, and other financial information, ensuring accuracy, completeness, and compliance with accounting principles and regulations.Analyzed financial data, providing strategic recommendations to the Head of Finance on budgeting, forecasting, and financial planning.Introduced Key Performance Indicator scorecards, trending analyses, and provided oversight of financial statement presentations, ensuring transparency and strategic alignment.Developed and implemented financial policies and procedures to optimize resource utilization and efficiency.Supervised a dedicated team of 6 accounting staff, directly managing accounting, payroll, billing, reporting, and Management Information Systems (MIS).Led month-end closing and MIS (P&L) reporting, monitoring Actuals vs Budgeted performance, and conducting insightful analysis.Monitored debt/loan obligations, ensuring timely payments and maintaining financial stability.Managed financial accounting and reporting for all client entities, including consolidations and intercompany reconciliations, providing valuable insights for process improvements.Established robust financial controls and procedures for account reconciliations, variance analyses, and journal entry preparation in compliance with auditors.Reconciled bank and credit card accounts, maintaining and archiving copies of bank, credit card, payroll, and loan statements for comprehensive financial record-keeping.Successfully led a high-performing team through valuation and funding audits, resulting in the successful acquisition of funding for the firm.

Mumbai Area, India

Orchestrated the arrangement of Letters of Credit, Standby Letters of Credit (SBLC), and Bank Guarantees, fostering strong relationships with senior officials of banks and financial institutes.Executed meticulous monthly general ledger maintenance, encompassing bank reconciliations, adjusting journal entries, and conducting weekly audits of inventories and account reconciliations.Played a pivotal role in Import/Export documentation preparation, collaborating with banks and preparing costing sheets for each container received at the port.Managed various tax-related responsibilities, including GSTR1, GSTR3B monthly returns, TDS returns, and collaborated with auditors for annual income tax return preparation.Spearheaded the preparation of annual consolidated budgets, including comprehensive statements of operations and cash flow.Conducted in-depth financial analysis activities, preparing insightful reports for senior management.Analyzed financial results against forecasts and budgets, investigated significant variances, developed corrective actions, and communicated findings to department leaders.Facilitated the monthly financial close process, demonstrating proficiency in inventory control, reconciling various general ledger accounts, and overseeing both payroll and non-payroll related functions.Managed end-to-end processes of Accounts Payable/Receivable and implemented effective expense-control procedures, encompassing account reconciliation, disbursements, and preparation of bank deposits.

Andheri West, Mumbai

Expertly prepared and analyzed monthly journal entries and financial statements, along with quarterly statements, demonstrating precision in financial reporting.Monitored project costs, conducted thorough financial data analysis, and produced insightful financial reports for managerial and executive review.Managed the end-to-end payment process, including invoicing, invoice auditing, payment follow-up, and billing, ensuring accuracy and compliance.Conducted journal entries, maintained a balanced ledger, and executed meticulous bank reconciliations, contributing to financial accuracy and stability.Provided essential support and coordination with internal/external auditors, operating company general ledger groups, and various business functions.Collaborated seamlessly with external auditors, supplying requested documentation and addressing inquiries related to accounting processes, procedures, and historical transactions.Tracked company expenditures for fixed assets, comparing them to the capital budget and management authorizations.Maintained meticulous financial records, overseeing all financial transactions, managing accounts, processing accounts payable and receivable, and reconciling bank statements.Managed bank deposits, reconciled bank statements, executed Journal Voucher data entry, and balanced general ledger accounts, prioritizing accuracy in financial data.Delivered excellent customer service, particularly in the domain of account reconciliation.Provided HR assistance, including coordinating interviews and performing various administrative tasks.Collaborated closely with the purchasing department, actively involved in generating purchase orders and resolving pricing issues.

Master Of Commerce, Advanced Accountancy, Business Administration, International Business Organisation

Certified Industrial Accountant, Banking, Corporate, Finance, And Securities Law

Finalization, Accounting, Banking, IFRS, Company Laws.

Diploma In Taxation, Taxation

GST, TDS, Income Tax