Sharvari M. Email & Phone Number

Mumbai, Mh, In

Mumbai, Maharashtra, India

Monitoring efficiency indicators for the financial strategy and comparative analysis of financial data.Integrating operational and accounting data to drive business insights.MIS, Budgeting Fund forecast.Generating functional monthly reports and scaling reports tailored to business needs for more than 75 programs.Assisting CFO in financial modeling and preparing annual budgets. Offering dynamic analysis for informed decision making. Received a “CEO Award” by the management in Dec 23 towards improvement and timely & accurate reporting processes and internal controls in SOPs and Initiatives undertaken.

Raigad, Maharashtra, India

Leading, managing, accounting, and reporting processes of Hospital and School operations with company policies and regulations.• Monitoring and supervising all day to day functions of Finance / accounts of the units.• Driving budgets and execution of the same. Setting measurable, sound and achieving costs reduction on the overall Budget targets across the Company.• Accounting Function consisting of control & management of books of accounts, budget preparation, and submission and enforcing budgetary control system in place.• Coordination with internal, external and statutory auditors for conducting various audits and initiating necessary actions based on audit observations.• Analyzing cash flows, and recommending cost control methods, handling accounting aspects for all projects and compliance of company accounts and TDS provisions• Adhering the timelines for vendor payments, vouchers, bills, payment cycles, credit periods and credit limits• Ensuring that the compliance with the SOP is maintained with the addendums and amendments being checked and implemented and are in adherence to Finance SOPs.• Cost Control on operations and Capex outlays. Developing Internal Audit measure.• Ensuring periodic follow-up with the software team to for changes in the process and integration processes.• Ensures that there is adequate cash flow as per the norms laid down by the Corporate.

Mumbai Area, India

Leading, managing, accounting, and reporting processes of Insurance operations with company policies and IRDA regulations and Advisory services of group companies as per SEBI regulations.Reviewing and recommending measures for continues improvement in internal control and business processes.Supervising the company’s daily operations of Finance and Accounts functions including MIS, Audit, Taxation and Corporate affairs in compliance with Accounting Standards.Supervising Month-end GL scrutiny and analysis, expense variance and provision analysis.Managing policy payouts of departmental cost and reimbursement cost and ensure control over expense within budget through effective review and control mechanism.Revenue reconciliation MOM basis and follow up for Debtor’s is ageing collection with OPs team. Implemented and developed monthly and quarterly reporting processes and managed the control and governance around accounting, recording and reporting financial transactions.Preparation and control on all the measurable dashboards for management.Preparation of financial statements as per IND AS, NBFC format and as per external regulatory filings of IRDA. Finalization of Annual Accounts and XBLR filling in coordination with Compliance Team.Presentation of MIS and variance analysis to management. Reconciliation of inter branch balances of group companies.Ensuring timely compliance of GST returns and 2A reconciliation on MOM basis. Ensuring compliance with other statutory payments . Handling Income Tax Scrutiny, Tax Audit and ITR filling.Managing Fixed Asset Accounting and reviewing regularly. Handled Treasury and maintaining Vendor Management and banking relationship.Handled statutory audit, internal audit, Tax audit and IFC audit.Handled IRDA regulatory Audit and SEBI Audit for group companies with coordination with compliance Team. Helping the group companies in automation of accounting software and coordinating with the team for proper implementation of it.

Mumbai Area, India

MIS and Budget Planning and analysis and internal control: MIS validation and Compilation for the year and their monthly comparison and control. Budget utilization analysis and control. Direct Cost Control - To ensure OPEX & CAPEX cost are within budget limit.  Regular analysis on consumption – analyzing stock position, consumption, reorder level and expiry stock and departmental consumption. Policies & processes adherence and reviewing the process based on critical with the business risk and compliances. Validation & Approval – Validating and approving all expenses and payments. Maintaining statutory tracker and capex tracker monthly. Preparation of Board meeting data quarterly for submitting for Board Meeting.Treasury Management: Liquidity Planning & Control ascertains monthly receivable & to ensure that it is received on stipulated time. Managing cash / fund appropriately for mitigating all operating expenses & bank liability. Regularly checking & Managing cash balances & accordingly planning out flows Preparing cash flow statements for the month & projection for next 3 months to monitor future cash flows & payments Preparing updated utilization report & submitting the same to managementLiaison and coordination: IFC, internal and Statutory Audits – Handled IFC, Internal and Statutory audit for F Y 2017-18 Coordination with corporate Team for submission of revenue and operational data in various reports daily, weekly and monthly for consolidation of the Group. Patient Refunds – Handling patient refunds as per the process. Vendor management – Handled the vendors in order to minimize the ageing report and maximize the credit period helping for cash flow management. Coordination with Company Secretory for preparing and submission of Board Meeting data. Coordination with corporate team for Integration of data from software to Accounting package.

Mumbai Area, India

Business Planning and Performance Monitoring:.  Designed policy and SOP for accounts and Finance Team. Budget utilisation analysis and control. ARPP, ARPOB, Occupancy analysis. Doctor cost control. Smooth functioning of Patient refund process. Preparation of Monthly MIS  Account Payable Heading accounts payable. Vendor management. Validation of invoice through contract, purchase order, billing system.  Payment processing and tax implication, E-payments, Liaison with banks. Drive Account payable policy compliances and Process improvement. Prepared Manual & checklist for faster invoice processing. Introduced Quarterly Vendor Balance Reconciliation process for proper controls and monitoring expenses. Consolidation and Finalisation  Scrutinizing accounts periodically and ensure proper book – keeping / record keeping is done. Carried out finalisation and consolidation of holding and three subsidiaries. Coordination with auditors for IFC, Due Diligence and statutory Audit. Maintains financial security by establishing internal controls. Fund management by exercising control over collection and payments and analysing of ageing of debtors and creditors.

Mumbai Area, India

Presenting True and Fair view of the financial position of the company by way of timely preparation of monthly/ quarterly and annual Financials in compliance with Indian GAAP and Accounting standards.Reconciliation of Inter unit Balance of Branches and group companies.Maintaining Fixed Asset Register & capitalisation of Fixed Assets in the books.Preparation of consolidated Monthly MIS report of all gyms along with variance analysis of actual vs Budgets for all expenses. Preparation of capex report of all gyms, analysing budgets and variances and comparing parameters like investment made, interior cost, architect fees, rentals and equipment cost. Commercial & Accounting: Workout schemes & incentive schemes, regular monitoring of debtors & follow up with operating team for collecting the same. Approving all expenses of the corporate office. Undertaking cost cutting measures. Implement and monitor them.Fund Management by monitoring inflow/ outflow of funds and ensuring optimum utilisation of available funds.Coordination with bankers for issuance of Foreign / Inland LCS, making foreign payment to suppliers and issuances of Bank Guarantees.Cost Control: Regular analysis of GL & major expense heads.Handling internal audit of the company and presentation of compliance on internal audit report into one consolidated evaluation report to audit committee in Board meeting.Coordination with statutory auditors and company secretory.Preparing tax plans and ensuring timely assessment and filling of TDS, VAT and service tax returns in compliance with statutory tax acts and administering and controlling various statutory dues payments.Providing sessions at the Training Centre to the subordinates and new accountant of new gyms.Guide other department by researching and interpreting accounting policy, applying observations and recommendation to operational issues.Handled independently Joint Venture between Talwalkars and Pantaloons Retail India Ltd for three years.

Mumbai Area, India

Mumbai Area, India