Swapnil Soni

Extensive experience in spearheading entire functions of finance and accounts with hands-on experience in site accounting, payroll & administration, Client realization & Collection, logistics, procurement, cost savings, Welcometaxation and management reporting

Senior Finance & Accounts Professional offering over 15 years of diverse experience in site/project accounting & administration, taxation & compliance, budgeting & fund utilization monitoring, logistics & transportation, procurement (project equipment), payroll and vendor management, cash flow and fund requirement planning, bank negotiations & liaising, account reconciliation, cost savings and profitability improvement. Excellence in researching & identifying potential cost savings, performing periodic reconciliation of accounts with banks, suppliers & contractor, financial statement and presenting to the management for review, service tax calculation, deposit and availing Cenvat credits. Capable of managing, calculating and analyzing fund requirements for new projects, evaluating project feasibility, project cost savings, profitability & productivity, collection of installments, overdue & long outstanding accounts, ensuring timely payments to vendors as per the agreed credit period, creating budgets with respect to the operational cost, stationery & inventory while devising, calculating and interpreting key accounting ratios. Proficient in preparing cost monitoring & review report for top management and interunit reconciliation. Team-based management style coupled with the zeal to drive visions into reality.

• Jai Prakash Associates Limited, Mirzapur, Accounts Officer – Cement Div., 10/06, 06/09
• Banaras Glasses (Pvt.) Limited, Lalbagh, Accounts-Executive, 04/05, 10/06
• Madhu India Limited, Mahanagar, Accounts-Assistant, 10/02, 04/05

• Spearheading the entire activities like planning the entire fund requirement to HQ for site budgeting, site administration, logistic management of tower parts and other store material and transport arrangement for stock transfer
• Supervising the insurance claims registration & settlement, payroll of departmental workmen, reconciliation of accounts, bill certification and collections, approvals of all types of accounting vouchers
• Monitoring stores activities & administration including attendance, leave records and local purchase for site requirements
• Liaising with government and local authorities
• Custom clearance of import materials from NEPAL/INDIA Border

• Managed the entire functions such as budgeting for plant and operations, fund planning, tracking of utilization of funds, cost monitoring & review report, plant & machinery and sub-contractor bills processing, purchases and reconciliation with banks & suppliers at Larsen & Toubro Ltd., Jhansi
• Maintained site accounts and reconciled accounts as well as prepared reports; created, documented and posted complex journal entries; recorded various intercompany transactions and cost allocations
• Achieved cost saving worth INR 10 Crores
• Compiled details and filed TDS, VAT & Service Tax Returns as well as completed Tax Assessments (Income Tax, VAT, Service Tax, and others)
• Prepared and presented weekly and monthly management reports on cost and benefit analysis, productivity analysis, inventory turnover analysis and cost variance analysis
• Purchased commodities, including electronics, machine parts, sub-contracts, capital equipment, electronic assembly etc and so on by better vendor management and cost saving
• Contributed a reduction of 5% in the cost of procurements of material and overheads by various initiatives

• Location Preference: All
• Industry Preference: All
• Title: Senior Professional, Deputy Manager- Finance and Accounts (Commercial)
• Date of Birth: 11/06/80