Abhilash M D

Experience

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  Bhat Sharma and Associates

  Oct 2011 - Oct 2012

  Internship

   Maintaining books of accounts, incorporation of companies, firms and other business entities. Filing ITR, TDS, PT, VAT, Excise, generating E-Way bills and other related filings.  Preparation of financial statements and MIS. Physical verification of assets and year end stock count. Preparation of tax computation and filing tax returns of various assesse namely individuals, firms and companies.  Preparation and filing of statutory returns on Service tax, TDS and VAT. Show less

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  Rama Kamath & Co

  Aug 2012 - Apr 2015

  Accountant

   Prepared, examined, or analyzed accounting records financial statements or other financial reports to assess accuracy completeness and conformance to reporting procedural standards..  Analyzed business operations trends costs, revenues, financial commitments and obligations to project future revenue expenses or to provide advice. Reported to management regarding the finances of establishment. Established tables of accounts assign entries to proper accounts. Developed, maintained, analyzed budgets, prepared periodic reports that compare budgeted costs to actual costs. Developed, implemented, modified, and documented recordkeeping accounting systems making use of current computer technology. Surveyed operations to ascertain accounting needs and to recommend, develop or maintain solutions to business financial problems. Advised management about issues like resource utilization tax strategies, the assumptions underlying budget forecasts. Advised clients in areas like compensation, employee health care benefits, the design of accounting, data processing systems or long-range tax or estate plans. Represented clients before taxing authorities, provided support during litigation involving financial issues. Appraised, evaluated, and kept inventory of real property and equipment recording information like the description value location of property. Maintained daily records of material consumed. Assisted management with strategic planning and human resources (HR).  Computation of sales tax, service tax and TDS. Calculation of ESI & PF. Analyzed how well a business is performing financially. Show less

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  Mark & Girish

  Apr 2015 - Dec 2016

  Business Support & Compliance

   Efficiently managed day-to-day transactions, including cash payments, journal entries, and bank reconciliations, ensuring accuracy and adherence to financial protocols.  Spearheaded Payroll processing and skillfully calculated monthly employee tax computations, guaranteeing timely and accurate disbursements.  Prepared comprehensive monthly Management Information System (MIS) reports, including Profit and Loss accounts and Balance Sheets, providing valuable financial insights to stakeholders.  Diligently handled payables and receivables, streamlining financial processes and optimizing cash flow management.  Expertly performed 26AS Reconciliation, ensuring accurate reporting and compliance with tax regulations.  Successfully managed monthly Tax Deducted at Source (TDS) payments and efficiently filed the quarterly e-TDS returns, fulfilling all statutory requirements.  Generated Form16A quarterly, demonstrating meticulous attention to detail in tax documentation and reporting. Show less

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  Paul Writer

  Jan 2017 - Mar 2019

  ​Manager - Finance & Operations

  Summary of Roles & Responsibility Accomplished finance professional proficient in implementing and optimizing accounting systems to establish robust procedures and controls for diverse accounting functions, encompassing accounts payable, accounts receivable, purchasing, and payroll.  Expertly conducted account reconciliations, initiated corrective actions, and made accurate adjusting entries to ensure precise financial reporting and adherence to regulatory standards.  Proactively monitored and managed invoice payments, cash transactions, and internet banking activities, ensuring seamless financial operations and cash flow management.  Assisted the COO in preparing comprehensive reports on expenditure, revenue, budget status, and other management insights, showcasing exceptional analytical and reporting capabilities.  Demonstrated astute financial acumen in monitoring budget balances and presenting proposals for corrective measures to the COO, enabling prudent financial decision-making.  Instrumental in recognizing opportunities for process enhancement, successfully implementing forms, policies, procedures, and automated tools to drive efficiency in financial operations.  Maintained meticulous documentation of invoices, bills, pay slips, and other pertinent records in both physical and digital formats, ensuring organized and accurate financial records.  Proficiently prepared monthly Management Information System (MIS) reports, showcasing a profound understanding of financial reporting principles and practices.  Collaborated with the CEO/COO on all financial matters, providing valuable insights and supporting strategic financial planning.  Conducted thorough reviews of trading suspense items for clients with external trustees, resolving issues promptly and in accordance with corporate policies. Show less

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  OYO

  Jul 2019 - Sept 2020

  Hub accountant

  Financial Reporting and Analysis: Prepared Monthly Income Statements (IS) and conducted discussions with CHs and SHs on various financial aspects, such as payments, pending advances, live delays, and Capex utilization. Managed financial matters for the South SOB Business.Cost Optimization and Auditing: Analyzed property-level costs to identify areas for optimization and improvement. Highlighted visible issues to Service Heads/GMs, driving improvements under Opex. Tracked cash uncollected and GNP, conducting surprise audits to minimize leakage. Ensured adherence to contract guidelines for deductions from owners and proper spending in the property.Partner Reconciliation and Relationship Management: Educated new property owners and GMs about Reconciliation statements, taxation framework, and payment cycles. Acted as the first point of contact for troubleshooting owner issues, escalating when necessary to meet with asset partners and resolve issues per contract guidelines. Coordinated with central finance for swift query resolution.Contract Compliance and Legal Support: Maintained a clear understanding of contracts, providing support to business teams during critical discussions like Re-negotiations and Purge. Collaborated with local legal teams for Purge recovery.Owner Payout Reconciliation: Reviewed the computation of payout data provided by the Central Finance Team, ensuring accuracy. Conducted training sessions for GMs/BDs on Reconciliation. Maintained payout data at the regional level and ensured timely release of payouts to owners.Property Performance Review: Conducted in-depth analyses of property-level P&L statements, highlighting significant cost differences. Investigated the cause of cost deltas and recommended actionable items to mitigate further occurrences. Show less

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  Blue Ocean Ventures

  Oct 2020 - Oct 2023

  Finance Manager

  Accounts Payable, Receivable, and Vendor Management: Ensured accurate and on-time processing of Accounts Payable and Receivable, including vendor management, invoicing, and payments/onboarding. Managed all statutory requirements for vendors, including 1099 filings and other regulatory compliance. Facilitated seamless vendor and statutory payments to maintain financial integrity.Payroll Management and Compliance: Ran accurate payroll for internal and billed employees in the US and India, meticulously managing onboarding, exit payments, reimbursements, and incentives. Ensured full compliance with all statutory regulations related to payroll in both countries.Finance Support and Business Development: Provided comprehensive finance support, generating detailed MIS reports, and assisting with financial reviews and billing/margin analysis. Supported new Business Development (BD) initiatives and customer contract initiation.Initiatives and Operations: Proactively drove new initiatives and process improvements to enhance operational efficiency. Effectively managed operations related to Insurance management, certificates, contract renewals, and state filings.Client and Vendor Onboarding: Provided essential support for new client onboarding and reviewed/created contracts for both clients and vendors. Facilitated smooth onboarding processes for vendors/suppliers.Global Employee Financial Data Management: Managed global employee financial data, including variable pay, ensuring accurate payroll processing monthly for US and India employees.Customer Invoicing and Cashflow Management: Ensured timely customer invoicing on a global scale, diligently following up to ensure on-time payments and optimized cash flow. Independently addressed customer queries on accounting/finance matters, maintaining accurate customer data and contract records. Show less

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  Sigmoid

  Nov 2023 - now

  Finance Accountant