Mrunal Wajge

Experience

• 

  S. M. Bapat & Company

  May 2008 - Jan 2012

  Article Assistant

  Initially I reviewed internal control procedures for operational systems, identified weakness and recommended improvement to achieve financial excellence.★ Accountable for preparing the audit scope, risk assessment template, reviewed the draft audit observations, discussed the observations & quadrant ratings with auditees & release of the report.★ Assisted in conducting gap analysis and gathered functional information to integrate inputs for bridging gaps; prepared Reports for the Management, detailing issues that arose from the audit and provided possible solutions. Show less

• 

  Mount Meru Group

  Sept 2016 - Jul 2018

  Finance Controller

  During this tenure, I travelled to East Africa – Malawi to understand the business and transition overall accounting process to India.★ Delivered an increased efficiency and improved performance by mentoring associates towards routine accounting procedures.★ Enabled Management to make fact based strategic decisions by designing and developing the Financial MIS formats with much more quantitative details and emphasized more on analysis.★ Coordinated with technology teams for reports and petrol filling stations data automation in Tally.★ Successfully maintained “Exceeds Expectations” ratings year on year.★ Facilitated monthly Revenue Run rate and Volumes Report to top management involving revenue finalization and reconciliation with daily retail sales reports and depot wholesale stock reports.★ Concluded monthly accounts finalization of 14 petrol filling stations by conducting a detailed review and scrutiny of company financial records, reports and other information ensuring accuracy and completeness.★ Managed monthly management reporting involving Growth Analysis v/s Previous Year, Top 5 clients Revenue and Outstanding, and Ratio Analysis, including Liquidity measurement ratios, Profitability ratios, and Operating performance ratios.★ Efficiently prepared and submitted VAT returns monthly for Zambia Operations.★ Reviewed monthly salary pay to register for each petrol filling station and accounting of monthly payroll cost.★ Computed Fuel Levy Duties payable to government revenue authority’s basis sales and purchase transactions as well as gain/ (loss) for payment made in USD towards the importation of fuel from other countries.★ Facilitated seamless support in concluding Auditing and finalization for accounts for the year CY 2017 Show less

• 

  Newby Teas - The Luxury Tea Company

  Oct 2018 - Jan 2022

  Accounts and Finance Executive – Reporting to Global Investment Head & Senior Finance Manager

  In my current role, I am carrying out activities related to managing and maintaining account statement reconciliations, bank reconciliation, customer ageing, and collections, accounts payable transactions, fixed assets & Capex management, revenue recognition and expenses activities.★ Preparing, reviewing and analyzing monthly and annual financial statements-audits; conducting effective analysis on business operations, trends, costs, revenues, financial commitments and obligations, to project future revenues and expenses or to provide advice. ★ Preparing company budgets along with various presentations, formulating and providing segmental reports, analysis and related metrics, monitor the operational and financial performance for strategic feedback and planning.★ Developing and presenting periodical KPI reports for the Management to assist in measurement of performance and preparing financial budgets for incorporation in company business plans. ★ Preparing financial forecast for capital budgeting, accounts receivables, payables, cost accounting systems-procedures, fixed assets ledger and capital expenditure. ★ Monitoring performance of monthly balance sheet review, and cash flow management and creating periodic (i.e. quarterly, mid-year) forecast for the full year and ensuring alignment with the financial algorithm.★ Achieving effective management of Finance and Budgeting section by establishing individual objectives, monitoring performance, motivating, and providing formal and informal feedback and appraisal to teams.Developing new controls and accounting procedures to improve efficiency and ensured up to date accounting and reporting for the Management.Supporting different audits, including external, internal, quality, state, and any other specific audits. Designing and implementing financial policies, procedures, controls, charts of accounts in line with best practices and driving continuous improvement by identifying and plugging process gaps. Show less

• 

  GENYX - Partner In Performance

  Feb 2022 - Sept 2023

  Account Manager

  ★ Ensuring effective allocation of cash resources by supervising activities related to placement of funds with optimal returns★ Ensuring adhoc reporting as and when requested, including reports requested by Operations, Management, Board, Committees, Banks, Auditors, Consultants ★ Preparing current and comparative analysis reports and statements reflecting variations in costs and revenues★ Ensuring that all financial reports has data integrity, using the Micro strategy reporting tool to expedite root cause analysis by report analysts ★ Investigating & resolving all financial report questions for Crystal Reports★ Partnering & implementing the Financial Management Consolidation System ★ Collaborating with key peers to ensure that data integrity is maintained in multiple reporting systems ★ Ensuring accuracy of documentation for key controls to both internal and external auditors ★ Fostering employee development, organizing multiple community & corporate activities to promote teamwork ★ Corporate Financial Analysis: Analysing & reporting financial information to executive management; actively working with strategic business units to ensure accurate & value added analysis Show less

• 

  Cannelle Holdings FZE

  Oct 2023 - now

  Finance Manager

   Providing assistance in managing the Group Reporting Processes, including long-term financial and cash flow forecasts, monthly/quarterly business reviews, weekly metrics, and forecast updates. Maintaining robust internal controls to protect company assets and uphold financial accuracy; ensuring accurate intercompanyreconciliations & compliance with financial reporting standards. Preparing consolidated financial reports for both internal and external stakeholders; managing intercompany transactions and eliminations in accordance with transfer pricing policies. Developing financial dashboards and KPIs to monitor fiscal health and operational performance; conducting variance analysis toexplain differences from previous periods and provide actionable insights.accounts; preparing detailed financial analysis for each entity, supporting strategic decisions with profitability, cost, and trend analysis; coordinating with various departments to ensure comprehensive financial reporting. Ensuring the timely & accurate publication of financial outcomes, including balance sheets, profit and loss statements, and cash flow statements; managing the accounting of inventory to guarantee accurate tracking and valuation. Supervising the AR and AP operations to ensure timely and precise handling of invoices, payments, and collections; developing creditpolicies to minimize credit risks and improve cash flow. Delivering presentation in Board Meetings and sharing consolidated account books for effective decision-making; establishing & implementing accounting & financial policies and procedures Managing trust receipts, including verification, documentation, and liaising with banks to ensure smooth transaction flow and adherence to credit terms. Supervising the cheque discounting process, ensuring timely funding and maintaining strong relationships with financial institutions to secure favorable terms. Show less