Prashant Shetye Email & Phone Number

Mumbai, Mh, In

Mumbai, Maharashtra, India

Coordinate, including being able to perform, activities across the various accounting functions: Accounts Payable, Accounts Receivable (various Scheme), and general accounting, leading with Vendor Account Reconciliation Team of 8 Peoples.

Gurgaon, Haryana, India

To drive pan India Commercial Hygiene & Large Customer Interface, Lead Vendor Account Reconciliation, AR, Business Reviews.• Collaborating with the Sales Head and his team to deliver the sales and spend targets• Drive strong analytics across channels especially in E Commerce, LFR & Distributions• Build on existing processes for Sales Finance to take them to next level – Distributor appointment, Collection, Credit monitoring, Delinquencies, Distributor exits, Claims processing• Build a robust system to ensure strong Compliance to all KC and Statutory requirement• Monitoring distributor return on investment/retention and suggesting corrective action• Monitor the Sales capability build up across the Country and measure actual results against agreed milestones• Provide timely and regular update on key matrices including spends vs budges• Distributor management (Appointment, Credit worthiness of potential, Target & Actual ROI, Deviations, NIL Claim Certificates, Full & Final Settlement Process)• Account Receivables ( Order Execution, Collection, Bouncing, DSO Analysis, Reconciliations)• Building the capability and implementation of the support required w.r.t. to a sound and robust Sales Finance system• Business Partner to the Country Head, Sales Director to achieve Organizational goals• Partner implementation of Channel Strategy• Meet finance optimization goals

Mumbai, Maharashtra, India

Responsible to drive All India Commercial Hygiene and Large Customer Interface

Mumbai, Maharashtra, India

Managing:• To lead the Commercial & Sales Finance Controls, Auditing & Accounting• Maintain up-to-date billing system• Follow up on, Collect and allocate payments• Carry out billing, collection and reporting activities according to specific deadline• Perform account reconciliations• Monitor Customer account details for non-payment, delayed payment and other irregularities• Generate age analysis• Review AR ageing analysis• Investigate and resole customer queries• Develop a recovery system and initiate collection efforts• Communicate with customers via phone, email, mail or personally• Assist with month-end-closing• Collect data and prepare monthly matrics• Coordinating IT functions support for the Region. • Develop, implement document systems and, best demonstrated practices in all the above departments • Focus on timely Revenue & Claim booking and, managing DSO• Focus on cost / profitability• Managing vertical commercial / sales team (man management)

Chennai Area, India

Leading South/West Region Commercial Controller activity, Sales Accounting for Philips brand Home Entertainment Product

Chennai Area, India

Leading South/West Region Commercial and Sales Accounting for Philips Lifestyle Entertainment Divison.

To lead the Commercial, Indirect Taxation, Sales Administration, , Administration, Sales Accounting, and IT functions of the company through managing and mentoring the functional heads of the same. Develop, implement, document systems and best demonstrated practices in all the above departments, Credit Control and be a part of Top Management Team of Nitco India consisting of Divisional Head, Commercial and Financel Heads.

Mumbai Area, India

Leading Region Commercial, Warehousing Management, CFA Operations, Indirect Taxation and, Sales Finance, CFA Audit, Accounting & Control, Implementation of Financial and Credit Policies at all C&F locations in India. Ensuring adequate Credit Control in the system (Revenue Recognition), Educating and Training C&F in SAP and Financial Policies periodically

•Developing Stores Operations for Mumbai Circle Warehouse handling i.e. complete transaction of Reliance India Mobiles, Collateral Marketing Product, Record Keeping, store Accounting etc.•Ensuring daily MIS to Circle Head-SCM on Sales, Inventory, and Periodic audit of Issues & Receipt to all locations and, Physical verification of Stock.•Logistics and Transportation: Managed staff attrition and staffing at the Stores and, Transportation for within the Circle dispatches and deliveries.

Mumbai Area, India

As a Commercial Officer, Mumbai Jan-1997 to Mar-2003•ACHIEVED ONE OF THE HIGHES “SPEEDS OF LIGHT AWARD” FOR CONTRIBUTION TO EXPEDITING DGS&D COLLECTION – MUMBAI 1998.•Usefully co-coordinated with Business Manager, Corporate, and Logistics Partner for timely delivery of Material (Back office support to Sales / Marketing Team, Liasioning with CFA for daily activities.)•Developed Warehouses to cater to the need of Commercial and Distribution.•Analyzed and highlighted variance in Sales, Lead-time and Inventory to monitor performance and take correction action.•Handled Distribution / Transportation at National level, Procurement LocalAs a “Jr. Officer– Legal/Secretarial, Bombay/Bangalore Jan-1993 to Dec-1996•Assisted Company Secretary / VP-Finance in Board Meeting•Ensured compliances by at all Branches for maintaining an updated Dealer / Distributor records, co-ordinate for obtaining Sales Tax Registration and Assessment.•Handled administration i.e. Tel Dep’t, electricity Board and other Government Dep’t for utilities.•Handled Imprest Cash, Auditing of Travelling bills, Sales Accounting.•Co-ordinate with Branches on their routine business requirement.

Mumbai

•De-centralized Imprest Cash handling for branches.•Co-coordinated for Receivables, C / F Forms etc.•Sales Accounting and Banking Operations•Preparation of MIS Reporting

Bachelor Of Commerce - Bcom, Financial Accounting And Auditing, B

Excutive-Mba (Finance), Finance And Financial Management Services, A

Diploma In Materials Management, Materials Management, B

B