Accounts Officer at Sandvik Mining Rock Technology India Pvt. Ltd. with a track record of improving site-level cost control by 20% through effective contract profitability audits. Skilled in revenue forecasting and accounts reconciliation, demonstrating strong capabilities in debt collection. Recognized for maintaining composure in high-pressure situations and quickly adapting to new assignments, ensuring efficient financial operations.
Overview
11
11
years of professional experience
1
1
Certification
Work History
Accounts Officer
Sandvik Mining Rock Technology India Pvt. Ltd.
Udaipur
08.2018 - Current
Implemented a contract profitability audit system, improving site-level cost control by 20%.
Revenue Improvement: Invoice Input Verification as per contract terms.
Aged Receivables Improvement: Created spreadsheets to enhance tracking of receivables, followed up on open accounts, and followed up with clients during collection calls.
Reduced DSO from 60 to
Managed credit collections for HZL accounts through proactive client engagement, achieving a 95% recovery.
Prioritizing accounts and workflow to meet management goals. Communicating work in progress and final collection disposition to the appropriate A/R and Credit Staff.
Preparing monthly and quarterly reconciliation reports for the site team and management team (contract penalties such as stretch penalty, fleet penalty, oil penalty, etc.).
Implementing the CPH and AMC contract at the site (commercial and financial), tracking and analyzing as per contractual clauses, monitoring the profitability and efficiency of the project, and monitoring the budget versus actual cost (CPH parts consumption).
Maintain the deduction report and check with the customer to provide the supporting documents for adjustments in billing.
Support and assist in internal and external audits, financial planning.
Develop a contract profitability audit system for the site, implement it, and monitor it (prepare site-wise machine performance data).
Familiar with Sandvik's health and safety practices.
Prepare the Site Profit and Loss Account for site cost control and revenue improvement.
Prepare and share the monthly site's provision with the business control team.
Close monitoring of Bank Guarantee (BG) and Letter of Credit (LC), and ensuring proper accounting.
Coordination with the team for the statutory audit, quarterly/annual closing of the books, and internal audit.
Monitored compliance with regulatory requirements related to taxation and financial reporting (TDS and GST).
Tracked outstanding payments and effectively communicated with clients for timely collections.
Supported the preparation of annual budgets and financial forecasts for the organization.
Accounts Officer (Finance & Accounts)
Vaaman Engineer India Limited
Udaipur
09.2017 - 08.2018
Implemented a streamlined process for tracking and managing accounts receivable, improving cash collection efficiency.
Salary, TDS working, and preparing reports.
Prepare site assets, analyze reports, and process vehicle insurance.
Local Purchasing/Vendor Management.
Maintaining day-to-day cash inflows and outflows.
Collaborated with cross-functional teams to develop and monitor budgets, aligning financial goals with operational objectives.
Developed detailed financial reports for management, highlighting trends in revenue and expenses.
Processed vendor payments and managed relationships, ensuring timely and accurate financial transactions.
Analyzed and reported on financial variances, providing actionable insights for management's decision-making.
Coordinated with internal and external auditors to facilitate smooth audit processes and compliance checks.
Monitored and recorded daily cash inflows and outflows, ensuring accurate cash management.
Executed the tracking of contract performance metrics to ensure compliance with financial terms.
Developed and maintained Excel models for detailed financial analysis and reporting.
Resolved payment discrepancies with vendors and suppliers.
Responded promptly to customer queries related to their accounts.
Conducted audits of expense claims and other documents as required.
Management Associate (Finance &Account)
DB Corp Ltd.
06.2015 - 09.2017
Budget and Monthly MIS of Branch Revenue and Expenses.
Bank Reconciliation, Daily Basis Report D1, D2.
Responsible for cash credit & cheque payment.
Voucher's Posting in Sap
Posting collection Receipt in Sap & Daily Recovery report
Responsible for Inventory & Mis of Inventory Report.
Preparing to all Invoice Bill for Job work & Scrape
All maintain to all Direct clients use (Credit, Notes, Voucher Receipts etc.)
Clearing Entries for Agency & Direct Clients
Migo, Miro
Purchase, Material Transfer & Issue. Controlling Newsprint, Vendor Ageing
Salary Payment Working
(Largest print media company in India)
Education
Post - Graduate Diploma in Management - Finance Management
WE School Welingkar Education
Online
01.2021
Bachelor of Commerce - BADM
MDS University
Ajmer
01.2015
Intermediate (10+2) - Commerce Stream
Rajasthan Board
Ajmer
01.2012
Skills
Revenue forecasting
Accounts receivables and payables
Accounts reconciliation
Contract management
Cash flow analysis
Regulatory compliance
Debt collection
Accounting operations management
Inventory management
Auditing procedures
Taxation
Cost control
Bank Reconciliation
Mis reporting
Acceptance of change
Patience in critical situations
Comfortable with clients
Acceptance of new assignments
Certification
Certification in International Financial Reporting Standards (IFRS), IACT, 2017
Certification in Cost & Management Accounting (CMA), IACT, 2017
Certification in GAAP Professional, V Skills, 2020
Deputy Manager - Digitalization at M/s Sandvik Mining & Rock Technology India Pvt. LtdDeputy Manager - Digitalization at M/s Sandvik Mining & Rock Technology India Pvt. Ltd
Junior Service Engineer at SANDVIK MINING AND ROCK TECHNOLOGY INDIA PVT. LTD.Junior Service Engineer at SANDVIK MINING AND ROCK TECHNOLOGY INDIA PVT. LTD.