Pravin Chavan
Dar Es Salaam
Summary
Dynamic Senior Accountant with a proven track record at 21st Century Food and Packaging Ltd, excelling in tax compliance and budget management. Achieved 10-15% cost savings through effective cash flow management and team leadership. Strong analytical skills complemented by a commitment to enhancing financial reporting accuracy and fostering vendor relationships.
Overview
6
6
years of professional experience
Work History
Senior Accountant
21st Century Food and Packaging Ltd
07.2021 - Current
- Managed end-to-end accounting activities, guiding a team responsible for compiling, consolidating, and maintaining accounting records and ledger entries.
- Manage financial reporting and account reconciliation processes, ensuring accuracy and compliance.
- Utilize ERP systems, including Tally ERP 9, to maintain and streamline financial records.
- Managed end-to-end accounting activities, guiding a team responsible for compiling, consolidating, and maintaining accounting records and ledger entries.
- Expertise in debtor and creditor management.
- Preparing monthly MIS and financial reports, including cash position, budget projected vs. Actual analysis, to management.
- Managed bank reconciliation and loan facilities (OD, STL, LC), verified interest charges, and controlled company cash, realizing 10–15% cost savings.
- Ensured timely preparation and filing of VAT, PAYE, NSSF, SDL, WCF, and other statutory returns in compliance with tax laws.
- Supported audit procedures by liaising with internal and external auditors, and ensuring accurate reporting.
- Prepared and presented monthly budget reports and tax reports to senior management.
- Oversaw the reconciliation of branch and intercompany ledgers, ensuring alignment with group financial reporting requirements.
- Coordinated payment bank transfers, cheques, to maintain positive vendor relationships, and avoid late fees.
- Managed debtor aging, ensuring efficient collection, and liquidity management.
- Maintaining inventory stock levels and debtor aging as per the guidelines of management.
- Prepared budget forecasts to guide senior management decision-making.
Account Receivable
State Street HCL Services
11.2019 - 12.2020
- Oversaw full cycle accounts receivable activities, including invoice generation, posting cash receipts, and aging.
- Reconciled accounts receivable ledger regularly and resolved discrepancies to ensure accuracy.
- Reduced outstanding receivables by improving collection processes and monitoring aging reports.
- Prepared accounts receivable reports and highlighting trends in collections and outstanding balances to management.
- Collaborated with cross-functional teams to resolve billing issues and enhance receivables reporting and controls.
- Reduced accounts receivable aging by 15-20% through proactive advance collections and payment follow-ups.
Education
Master of Business Administration - Finance
Central University of Karnataka
Kalaburagi Karnataka01.2019
Skills
- Tax Compliances
- Budget Management and Forecasting
- Accounts payables and receivables
- Financial Reporting
- Accounts reconciliation
- Cash flow management
- Payroll processing
- Cost accounting
- Month-end closing
Hobbies and Interests
- Playing Cricket
- Travelling
Languages
- Hindi
- Marathi
- English
Achievements
Led the migration of accounts receivable data to a new Oracle ERP platform, ensuring accurate data transfer and seamless system integration
Timeline
Senior Accountant
21st Century Food and Packaging Ltd
07.2021 - Current
Account Receivable
State Street HCL Services
11.2019 - 12.2020
Master of Business Administration - Finance
Central University of Karnataka