Shashikant Satpute

About Shashikant Satpute

I am a qualified and dedicated Accounting and Finance professional with 16 years’ experience in managing the full cycle of financial accounting, developing the annual budget, and long-term plans, preparing estimated and actual year-end results, developing action plans to control operating expenses and generating detailed accounting and financial reports according to the international and national accounting standards, majorly across the Retail, Construction, and Manufacturing industries. My areas of expertise include developing budgets, managing cash flows, monitoring all accounting transactions, scrutinizing income-expenditure, maintaining all accounting ledgers and performing reviews of all account reconciliations. Over the years, I have gained demonstrated excellence in analyzing monthly expense variances between actual, budget and forecast amounts, and reconciling and analyzing complex bank statements, balance sheets and income statements. As a visionary leader, I possess excellent cross-functional, interdisciplinary team management abilities, and hands-on experience in leading large project teams, resolving problems/ issues, and making sound decisions that enhance organizational goals. I am highly analytical, with strong attention to detail and a ‘can-do’ attitude. My constant hard work, perseverance and dedication to my work have brought me appreciation on multiple occasions for consistently rendering superior quality service across my professional career. Over the years, I have worked closely with seniors and peers, guided juniors and interns, and built a strong professional network. At this point in my career, I am ready to steer crucial functions for profitability and growth in a challenging role with diverse responsibilities.

Experience

1. Deputy Manager Accounts

   Icc Realty India Private Limited

   Dec 2016 — Present · Pune, IN

   Key Deliverables:• Manage full cycle financial accounting, prepare and maintain books of accounts, coordinate month/year-end activities, accounts payable/ receivable, GL, budgeting, revenue, and expenditure variance analysis.• Direct the work of the accounting staff, assist in annual budget preparation, and advise management on matters of fiscal procedure and importance for the company.• Accountable for supporting the internal/ external auditors and manage month-end provisions & prepaid expenses.• Prepare journal entries and reconcile general ledger entries; monitor, record and reconcile the company’s assets, liabilities, operating expenses, accruals entries, and accounts. • Monitor all transactions, verify transactions to assess the accuracy of journal entries, scrutinize income expenditure, maintain all accounting ledgers, and review all account reconciliations.• Oversee all payment transactions such as ACH, EFT, etc; review BRS, expense provision, various BS/ Exp schedules, and other month-end activities.• Monitor and analyze accounting/financial data and produce financial reports and statements; present the financial information to assist management in formulating policies. • Coordinate with external auditors for the interim and final studies, provide them with required documentation and financial information, and assist in preparing detailed audit reports.• Provide monthly Input/ Output GST data and TDS data; follow up with customers for TDS Certificates.• Establish and enforce proper accounting methods, policies, and principles as well as financial systems, procedures & control; make recommendations to improve accounting processes and procedures. Prepare the India GAAP financial statements.

Education

• Mahatma Phule College,Pimpri

  Bachelor of Commerce - BCom, Accounting and Finance

• Hindustan Antibiotics school

  10th

• INDIAN SCHOOL OF BUSINESS MANAGEMENT AND ADMINISTRATION

  Master of Business Administration - MBA, Accounting and Finance