Bhavin Parekh

About Bhavin Parekh

Strategic leader offering 23 years of extensive experience in spearheading project…

Experience

1. Manager Finance & Accounts

   Larsen & Toubro

   Nov 2010 — Present · Surat, IN

   Preparing of Cost Statement by integrating of Cost of different module/dept. in EIP like Supply Chain Management, Plant & Machineries, Work Order Management & Financial Accounting system.• Project Cost Analysis - Budgeted Vs. Actual Cost on monthly basis to take the corrective/preventive action if required and to achieve the targets given by the management.• Accounts Payable - Scrutiny & passing of Sub-Contractor after applicable statutory deduction like TDS, WCT, Retention etc. and payment within the due date as per T&C of LOI/Works Contract.• Accounts Receivable – Submission of Invoice to Client on monthly basis and follow-up for payment collection.• Accounting of Material purchases in line with all parameters of the Purchase Order like Quality, Quantity & Rate and payment to the suppliers within the due date.• Developing / searching for the new or available competitive suppliers and Negotiating with them to supply the best material in all parameters like Quality, Quantity Discount at the maximum credit terms.• Ensuring timely Payments of Statutory dues like PF, Service Tax, WCT, VAT, TDS etc. • Preparation of Cash & Fund Flow Statement • Material Reconciliation on monthly basis for having better control over Inventory and Non-moving stock to avoid any blockage of fund and without affecting production schedule. • Bank Reconciliation Statement – on daily basis • Liaison with Statutory and internal auditors. • Handling team of 10 members of Accounts, Stores & Time Office/IR

Education

• MAHATMA GANDHI VIDHYALAY, VADODARA

  SSC

  1997 — 1997

• The Maharaja Sayajirao University of Baroda

  Bachelor of Commerce - BCom

  1999 — 2002

• Gujarat University

  Master's degree

  2002 — 2005

• The Maharaja Sayajirao University of Baroda

  Post Graduate Diploma in Taxation Practice

  2006 — 2007

• SARAD KANYA VIDHYALAYA, VADODARA

  HSC

  1997 — 1999