Profile Summary
A highly skilled finance professional with extensive expertise in accounting, taxation, auditing, treasury, and financial management, with a proven track record of optimizing financial processes, ensuring regulatory compliance, and driving cost efficiencies. Adept at financial reporting, budgeting, forecasting, and risk management, with the ability to analyze complex financial data and provide strategic insights for informed decision-making. Experienced in implementing robust internal controls, improving cash flow management, and enhancing profitability through effective cost reduction strategies. Strong leadership and stakeholder management skills, collaborating with cross-functional teams to align financial strategies with business objectives.
KEY SKILLS
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Employment History
Senior Manager - Accounts & Finance at VaaaN Infra Pvt. Ltd.
December, 2020 - Present
- Leading a team of 6-7 finance professionals, ensuring accurate financial reporting and compliance while fostering a culture of collaboration and continuous improvement.
- Establishing and enforcing financial control systems, policies, and procedures to align with organizational objectives and enhance budgeting and variance analysis.
- Overseeing the internal audit framework, implementing compliance mechanisms, and ensuring adherence to statutory financial and banking regulations.
- Managing and reconciling statutory accounts, delivering accurate financial reporting, and monitoring expenditures to maintain fiscal discipline.
- Developing and optimizing the Management Information System (MIS) to provide actionable insights for strategic decision-making and cost efficiency.
- Administering and streamlining tax planning, ensuring timely compliance with Income Tax, GST, and TDS filings while meeting regulatory standards.
- Leading financial planning and forecasting, ensuring robust budgeting strategies to drive profitability and cost control.
- Enhancing cash flow management, optimizing working capital, and implementing strategies for fund allocation and risk mitigation.
- Driving financial due diligence and risk assessment, ensuring adherence to internal controls and external regulatory frameworks.
- Collaborating with cross-functional teams, providing financial insights to support business growth, investment decisions, and strategic planning.
- Monitoring and improving financial reporting standards, ensuring compliance with IFRS, GAAP, and company policies.
- Managing treasury functions, including banking relations, investment planning, and debt restructuring for financial stability.
- Overseeing cost optimization initiatives, analyzing expenditures, and identifying opportunities for operational efficiencies.
Senior Manager - Accounts & Finance at Global Healthline Pvt. Ltd.
June, 2004 - July, 2020
- Supervised a team of 6-7 finance professionals, facilitating training and development initiatives to enhance technical skills and optimize overall team performance.
- Oversaw the preparation of compliance records, financial reports, and annual statements, ensuring adherence to regulations and accuracy.
- Directed project cost management, financial planning, and cash flow analysis, enhancing profitability through ongoing evaluation and expense management.
- Managed budget projections, executed expense reduction initiatives, and generated financial performance reports for executive insights.
- Administered accounts receivable, billing processes, and aging assessments, ensuring robust credit management and collection practices.
- Cultivated and enhanced partnerships with financial institutions, ensuring efficient banking operations.
- Developed and implemented financial control systems and policies, resulting in improved accuracy in financial reporting and enhanced operational efficiency.
- Spearheaded financial audits and ensured compliance with local and international accounting standards, leading to successful audit outcomes and reduced compliance risks.
- Conducted comprehensive variance analyses to identify trends and variances in financial performance, providing actionable insights to senior management for strategic decision-making.
- Led cross-functional teams to align financial goals with organizational objectives, fostering a culture of accountability and continuous improvement.
- Designed and executed training programs for finance staff to enhance their skills in financial management, accounting software, and compliance requirements.
- Championed the implementation of advanced financial software solutions, streamlining financial processes and improving data accuracy and reporting timelines.
- Established robust cash flow forecasting models, enabling proactive liquidity management and ensuring sufficient funds for operational needs.
- Played a pivotal role in merger and acquisition assessments, conducting due diligence and financial evaluations to support strategic growth initiatives.
- Enhanced cost allocation methods to ensure accurate project costing and improved decision-making in resource allocation.
- Drove initiatives for sustainability reporting, aligning financial practices with corporate social responsibility goals and enhancing stakeholder trust.
Accounts Officer at B.L. Marketing Services Pvt. Ltd., New Delhi
July, 2000 - June, 2004
- Led financial operations, overseeing general accounting, financial reporting, and compliance for a multi-product distribution business.
- Optimized working capital management, improving cash flow by streamlining accounts receivable and payable cycles, reducing overdue payments by 20%.
- Strengthened internal controls, implementing process improvements that enhanced financial transparency and reduced accounting errors.
- Managed indirect taxation, including VAT and Excise Duty, ensuring timely filings and compliance with statutory regulations.
- Collaborated with auditors, ensuring seamless statutory and internal audits with accurate financial documentation.
- Automated manual accounting processes, reducing data entry errors and increasing operational efficiency by 30%.
Senior Executive at Sunstar Sales & Services Ltd., New Delhi
May, 1996 - June, 2000
- Oversaw financial reporting and cash flow management, optimizing fund allocation and reducing unnecessary expenditures.
- Enhanced financial accuracy by implementing robust reconciliation processes, reducing discrepancies in financial records by 25%.
- Led supplier negotiations, optimizing vendor payment terms and improving working capital efficiency.
- Prepared financial statements, tax returns, and statutory filings, ensuring 100% compliance with applicable regulations.
- Coordinated with banks for credit facilities and trade finance, securing optimal interest rates and reducing borrowing costs.
- Implemented cost-reduction strategies, lowering operational costs by 10% without compromising service quality.
Accounts Executive at Kamaimpex Pvt. Ltd., New Delhi
October, 1991 - April, 1996
- Managed day-to-day accounting functions, including bookkeeping, ledger maintenance, and bank reconciliations.
- Handled accounts payable and receivable, ensuring timely payments and collections, improving cash flow efficiency.
- Processed taxation-related compliance, ensuring VAT, Excise, and TDS obligations were met on time.
- Prepared financial reports and assisted in budget planning, providing valuable financial insights for business decisions.
- Collaborated with external auditors, ensuring smooth audit processes and adherence to accounting standards.
- Optimized inventory cost tracking, identifying opportunities to minimize financial leakage and improve profitability.
Education
Diploma (Business Administration (Finance))
Sikkim Manipal University
Diploma (Commerce)
Delhi University
ASHOK KAPOOR
Basic Details
Gender -
Male
Date of Birth -
1971-07-17
Marital Status -
Married
Languages
English
Hindi
Skills
Microsoft Office - (Microsoft Word, Excel, PowerPoint, Outlook)
Tally, EasySol, Customized Software’s like CSMS, TpRose, RESTROM