PRAJAKTA AVAM SHARMA

Photo E-Mail: sharmaprajakta1@gmail.com | Phone: 08108816434

Scaling new heights of success with hard work & dedication and targeting assignments in Accounts Payable
which involve analytical capabilities and professional growth

Location Preference: Mumbai / Navi-Mumbai

KEY SKILLS PROFILE SUMMARY

Accounts Payable (A/P)  A competent professional with rich experience of over 8 years in Accounting and
Commercial areas of Infrastructure Project and EPC Project (Power, Civil Constructions
& Mechanical Projects).
Bookkeeping

 Excellent in conceptualizing operational dashboard to report turnaround & quality,

Accounts Receivable
reconciliation completion and quality, aging of reconciliation items, reporting

Statutory Compliance  Led overall performance of the Accounts Payable process and managed day-to-day
processing of AP transactions to ensure that organizational finances are maintained in
Bank / Vendor Reconciliation an effective, up-to-date and accurate manner

Monthly A/C Reconciliations  Pioneered efforts in preparing various MIS reports such as GR/IR Ledger Report,
Vendor Advance Report, Advance Ageing Report, Debtors Receipt Report and so
Customer Reconciliation on that generate necessary financial information to determine ageing and cycle time

Sales Invoicing  Experienced at piloting ageing analysis of accounts payables & receivables to record
debtors/creditors pattern
GST / Taxation
 Skilled in resolving taxation issues, project financial closure reconciliation, purchase order/
sales order processing, statutory documentation (ESIC, PT and Service Tax),
Master Data Management
subcontractor & suppliers payment processing, inventory tracking, collection of C, E1 & E2
Forms, TDS/WCT Certificates, tracking expenses/income and MIS
Procurement to Pay
 Possess exceptional numerical accuracy, negotiation and relationship building skills

ORGANIZATIONAL EXPERIENCE

Mar’21- Aug’22: Liebherr India Private Limited- Navi Mumbai- Executive Accounts
Manufacturer, Sales, Service Provider- Construction Machines, Mining, Material handling Equipment, etc.

Key Result Areas:

Managing Payables to vendors, including passing accounting Entries, reconciliation, circulation of Report
Co- ordination with divisions internally for vendor invoices
Processing all rent payment with all clearing and forwarding payment against all custom shipment
Maintain Records, Schedules to meet statutory requirement
Making vendor Payment as per proper Purchase order, agreement, rate contract and as per authority Matrix with proper
taxation
Processing of Provision at end of every Month to know actual cost for the month to get proper financial statement,
Generation and Reviewing the creditors aging report regularly and ensure nothing goes beyond credit terms, and all debit
balances are sorted out, clear debit balances, part payment, advance knock off cases before making the payment
proposal
Resolve vendor queries related to vendor receipts
Responding to any queries related to payables/ Audit query Resolution (Statutory / Internal)
Provide proper papers/documents, to Audit purpose
Nov’17 – Dec’17: Randen Engineering Pvt. Ltd., Mumbai as Officer – Finance
Installation, Testing and Commissioning of Heavy Mechanical Job

Key Result Areas

 Formulated budget of the site expenses and supervising accounts payable & receivable functions
 Monitored vendor invoice processing in Tally and tracked payments from client
 Validated purchase order in all detail, vendor name, address, all taxation structure and annexure of billing break-ups
 Verified vendor PO checking of tax invoice and ensured if LR/DC were dispatched correctly
 Gathered understanding and resolved GST related queries of vendor & clients
 Ensured preparation of bills after invoicing to debtors and conducted ageing analysis with an aim to keep receivables under
control & collections of payments
Engaged in checking material receipts note and others bills
 Facilitated vendor management accounting and employee claim processing including validation & processing investment
declarations, customer invoicing, refund of customer and vendor security deposits
 Ensured that all payables were entered accurately and smoothly into the accounting system, including a thorough description
of each item

Jun’16 – Nov’17: Emerson Network Power (India) Pvt. Ltd., Mumbai as Commercial Coordinator
Supply, Installation, Testing and Commissioning of Data Centre

Key Result Areas

 Scrutinized orders & documents related to dispatch/incoming of materials as per the commercial terms & conditions;
processed sales order in Oracle
 Making monthly provision for expenses occurred and not paid in respective month
 Followed with clients / branches on billing & dispatch and resolved queries regarding dispatch status and other clarifications
 Liaised with dealers, customers through field visit for Order & Payment & monitoring financial / commercial discipline with
effective cost control
 Ensured that all payments were made to vendors within the stipulated time and managed accounts payable within the pre-set
parameters in reconciliation with parties
 Maintained records for bills & collection and took necessary action for the recovery of same to help minimize outstanding
 Tracking of vendors’, suppliers’ & contractors’ payments; monitored & maintained all record for advances given.
 Imparted training to team and contracts labour on Labour Laws (EPF, ESIC & WC Policy) and Statutory Compliance
 Ensured implementation of Kaizen, 5S and Safety, if needed
 Prepared documentation as per IMS of final & signed docs, reconciliation sheets, bond, insurance and bank guarantee
 Coordinated with project team, commercial, purchase, accounts, vendors, customers and service center in connection with projects

Significant Accomplishments
 Extended net payment terms with the supplier base by an average of 90 days
 Recipient of top performer for 2 consecutive years in recognition of best work in Commercial section.
 Pivotal in streamlining processes through measures such as vendor payment revision, Indent raising, cost control , invoice
processing.
 Suggested systems related enhancements such as BAAN ERP,INFOR,ORCALE

Sep’10 – Dec’15: Godrej & Boyce Manufacturing Company Ltd., Mumbai as Officer
Combined package of construction of the substation and transmission line project from 400KV to 11KV

Key Result Areas

 Engaged in procurement to pay process.
 Generated payment to vendor/contractor as per payment terms cash disc, bill disc, LC and checked BG status at time of payment
 Conducted reconciliation of running & closed projects and helped in financial closure of the project
 Maintained the challan and receipt entry in system; facilitated adjustment of advances given to vendor or contractor
 Prepared the item code and made party registration & vendor registration
 Created treasury and one-time payment through cheque
 Resolved queries of Purchaser Head as well as suppliers regarding payment and system; coordinated with suppliers & purchaser
 Developed MIS reports for audit and another legal requirement
Jul’08 – Sep’10: Godrej & Boyce Mfg. Co. Ltd., Mumbai as Office Assistant

Key Result Areas

 Processed salary of the employees, uploaded various data pertaining to employee from HRIS (Human Resource Information
System) and ensured preparation of Form 16 & Income Tax statement
 Engaged in processing:
o Gratuity, VRS, Arrears calculation, salary in lieu of leave (sill/ broken period) & adhoc payment as per statutory requirement
o Input data, checking input data for correctness, verifying processing data with printouts & report, updating master card and
cumulative & adjustment information
 Rendered payroll results with upstream and resolved upstream/employee queries
 Coordinated with upstream, ensured all payroll inputs were received on time and discussed with them in case of any process
changes & document the same
 Interacted with Business Controls Team in order to ensure that activities performed are in line with the documented process
 Maintained regulatory and legal requirements regarding PF, Income Tax, ESIC, Profession Tax, and Court Recovery
 Inspected and tested rough slips, earning & deduction, statutory deduction and DA index with salary/ wages

ACADEMIC DETAILS

 M.Com. (Distance) from Pune University in 2008 with 46.75%

 B.Com. (Regular) from Mumbai University in 2006 with 56.85 %
 XII from Birla College, Mumbai in 2003 with 72.17%
 X from Nutan Dyanmandir, Mumbai in 2001 with 73.20%

IT Skills: MS Office, Tally 9, VLOOKUP, Pivoting, BAAN IV ERP System, Oracle ERP and Epay

PERSONAL DETAILS

Date of Birth: 26th February 1986

Address: F5/56, Godrej Hillside Colony, Pirojshanagar, Vikhroli West, Mumbai - 400079
Languages Known: English, Hindi and Marathi