Navanath Somvanshi is a seasoned finance professional with over 20 years of experience in corporate finance, accounting, auditing, and statutory compliance. He has held roles such as Assistant Accountant at Ghatge Patil Transport Pvt Ltd and Fleet Manager at Shree Balaji Roadlines. Somvanshi has strong skills in financial management, budgeting, cash flow management, and ensuring compliance with relevant laws and regulations. He aims to help organizations achieve their financial goals through strategic planning and enhancing efficiency.

1. NAVNATH K SOMVANSHI
Contact: +91 9689299236; 8928150009; 9665124440 E-Mail: Navanathsomvanshi@gmail.com
SEASONED FINANCE PROFESSIONAL
Over two decades of demonstrated success in leading finance and accounts function
Strategic Planning  Budgeting & Forecasting  Financial Management  Cash Flow Management
 Taxation & Audit  Financial Planning  Financial Analysis  Investment Analysis  Statutory Compliance
 Capital Budgeting  Risk Analysis  Fund Management
PROFILE & STRENGTHS
 Resolute and committed professional offering commendable experience of over 20 years in all aspects of
corporate finance, accounts, auditing and statutory compliance with solid planning and organizational
skills.
 Currently associated with Ghatge Patil Transport Pvt Ltd, Kolhapur as Assistant Accountant.
 Established credibility in Financial Management, designing and implementing policies and procedures to
increase efficiency and productivity.
 Ensured timely preparation of statutory and annual reports to present a true and fair view of company’s
financial position to aid management decision making.
 Innate ability to understand customer requirements and implement tight internal control systems to
optimize utilization of available resources.
 Well honed skills in visioning with banks and financial institutions for timely availability of funds and non
fund based facilities to meet working capital requirements.
 Strong financial & business acumen and thorough grasp on various accounting standards, financial systems,
auditing procedures, corporate/ taxation laws and statutory enactments
 A strong team leader, fostering an atmosphere that encourages, highly talented accounting personnel to
balance high level skills with maximum productivity
 An out of box thinker with a highly analytical mind, thus being able to comprehend and explain complex
financial data easily
EMPLOYMENT CHRONICLE & ACHIEVEMENTS
Ghatge Patil Transport Pvt Ltd, Kolhapur Assistant Accountant 2011 TO 2014
Serum Institute Of India Ltd, Pune Supervisor At Water Plant 2014 TO 2015
Shree Balaji Roadlines Fleet Manager 2015 TO Till Date
FUNCTIONAL STRENGTHS
Financial Management
 Play a significant role in helping finance department achieve the defined corporate goals.
 Prepare business plans, short term/ long term budgets and monitoring their performance through a
budgetary control system.
 Design and implement policies and procedures for ensuring efficiency in the finance and accounts
department while enhancing profitability for the organization.
 Expertise in preparation of budgets and working capital management. Analyze budgetary variances for
Capex and Opex and implemented corrective actions to enhance cost efficiency.
 Enhance cost effectiveness by implementing strategic cost management systems and techniques.
Finance & Accounts
 Instrumental in preparation and maintenance of statutory books of accounts, financial statements and
annual reports in compliance with time and accuracy norms.
 Periodically prepare cash flow and fund flow statements to monitor flow of working capital.
 Deftly managed day to day functioning of all accounts and finance related activities namely inward
remittance, deposits (cheques/cash), bill discounting, fund transfer and local payments.
 Periodically audited all account statements to ensure accuracy of financial data.

2. Audit / Taxation
 Single point of contact for all tax (VAT, Service Tax, TDS, PT, PF, ESI) related issues.
 Supervise timely filing of Annual Tax returns and ensure strict adherence to compliance under Income Tax,
Service Tax and Sales Tax including advance tax planning.
 Lead efforts for conducting internal and statutory audits with defined time and cost constraints.
 Identify potential business and audit risks and work with senior management for creating and implementing
a mitigation plan.
Statutory Compliance
 Liaison with Bankers, Statutory Auditors, Company Secretary and other funding agencies for ensuring timely
compliance with various applicable laws.
EDUCATION & CREDENTIALS
Apr-2013 BACHELOR OF COMMERCE, Dr.Babasaheb Ambedkar Marathawada University Aurangabad.
IT SKILLS: Sound knowledge of financial accounting packages like Tally ERP-09; MS Office-2010; CAA (Certified
Course In Advance Accounting);1) Computer Application. 2) Advance Accounting. 3) Computerizes Accounting.
4) Taxation. 5) Auditing 6) Banking.
PERSONAL DOSSIER
DATE OF BIRTH: 07 APR 1991
LANGUAGES KNOWN: English, Hindi, Marathi, Kanadi.
ADDRESS: At Post- Achaler, Tal- Lohara, Dist-Osmanabad.
REFERENCES: Available on request