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  1. 1. 1 | P a g e NITIN S. RAJENIMBALKAR Communication Address- Flat no. A2-204, Green County, Hadapsar-Saswad Road, Phursungi, Pune- 412308. Current Address- C4, Atharva Vishwa, Near Pitale Ganpati Mandir, Tarabai Park, Kolhapur-416003. +91 8806037290, pp +91 9890235129 Senior level assignments in Finance, Accounts & Procurement with an organization of repute  Pro- active and result oriented with over 14 years and 11 month of experience in all aspects of finance and accounting till finalization of books of accounts, direct tax compliance, procurement and vendor management.  Part of pre-opening team as well as operation team for the hotels Lavasa International Convention Centre (LICC), Mercure Lavasa, United 21 The Grand, Sayaji Kolhapur.  Experience of handling from Pune more than one unit all over India like Pune, Shirdi, Malvan, Goa, Mysore, Kodaikanal, Kaziranga and Chail.  Well versed in implementation of hotel software along with interfacing it with other accounts related software.  Demonstrated hands on management style in the development and implementation of SOP’s, audit plans, to ensure companies audit quality.  Proficient in handling operations in compliance to the rules and regulation laid by various governing bodies.  Extensive experience in conceptualizing and implementing finance activities, audit procedure, book keeping and finalizing Companies Accounts.  Ascertain needs and goals, streamline operations and envision new concepts. Effectively communicates direction and commits people to action. AREAS OF STRENGTH INCLUDE Finance & Accounts: Designing and implementing systems & procedures; supervising and preparation of financial statements towards revenues and expenses, its comparison with budget figures, cash and bank controls, focusing over outstanding and its recovery. Checking data, maintaining and scrutinizing statutory books of accounts viz, journal, ledger, cash / Bank book and subsidiaries in compliance with time & accuracy norms. MIS: Preparing & supervising the preparation of MIS reports to provide feedback to top management on financial performance including fund management and aging analysis. Ensuring that the accruals at the end of the month is accounted properly. Audit Planning: Managing the overall Audit functions determining objectives and designing & implementing systems, policies & procedures to facilitate Audit controls. Formulating Audit plans / strategies for maximizing in-depth analysis. Performing analytical review of financial statements and evaluation of internal control systems for carrying out Internal / Statutory Audits.
  2. 2. 2 | P a g e Taxation/ Auditing: Interfacing with taxation authorities for timely payment of TDS, Advance Tax, Service Tax, Luxury Tax, VAT & Local Bodies Tax amount and Income Tax assessments, filing of various Forms, Returns. Commercial Deal: Finalizing the deals of the guest and vendors by associating with sales team and purchase department by scrutinizing the documents from both the angels; providing suggestions to freeze the deals focusing the profitability of the company. Software: Developing software for the organization by observing the actual requirement of the software with the help of software developers for better internal controls/transparency, reducing manpower, proper accounting & mainly to reduce cash pilferage. EMPLOYMENT PROFILE Since Mar’15: Hotel Sayaji Kolhapur, a unit of DYP Hospitality Pvt. Ltd. Unit Finance Controller/ Commercial Unit Head  Hotel Sayaji Kolhapur, is a five star hotel of 120 rooms, 3 restaurant, 1 lounge bar, 6 indoor and outdoor banquet halls, 3 business centre with Spa, Gym and Swimming Pool facility. Property is owned by DYP Hospitality Pvt. Ltd. (D.Y. Patil Group) and managed by Sayaji Hotels Ltd.  Appointed for the post of Unit Finance Controller with further more responsibility as a Commercial Unit Head.  In absence of GM handled the operation part by conducting morning meetings and resolving the other department issues.  Heading three departments of the hotel i.e. Stores, Purchase & Accounts.  Heading a total team of 19 for the three departments which includes 11 for accounts, 4 for purchase and 4 for stores. Multi tasking job is done between store and purchase.  Joined on 17th March 2015 in the pre-opening team and successfully done the accounts department set up on 16th April 2015 with a minimum manpower of two.  The soft Opening of the hotel was on 2nd April 2015 and from 7th April 2015 the first operational bill got successfully generated through IDS software.  Responsible for the accounting and finalization of operation books maintained in IDS.  Took additional responsibility of finalization of hotel project books for the F.Y.2014-15 and for the further years.  Further responsibility was taken for doing registration with HRAWI, India Tourism and Maharashtra Tourism Development Corporation (MTDC) for star certification and for incentive purpose.  As the hotel is attached with Mall (DYP City), has giving continuous support to the account person for book finalization for the F.Y.2014-15, invoice preparing, maintaining records, procuring the required license, insurance policy for the mall.  Supported the operation team for budget preparation for the F.Y. 2016-17.  Within the Sayaji Group hotels, for Kolhapur unit forced the management for the deploying F&B Controller for further controls in cost area of F&B, housekeeping and banquet and proud to say that Kolhapur unit was the first unit to have the said post.  Providing information and reports to the management company as and when require. From Mar’11 to Mar’15: United 21 The Grand, Pune a division of Panoramic Group of Companies Manager Accounts  United 21 The Grand, Pune a five star hotel in its business and leisure class having a key of 142 rooms with banquet halls, restaurant, bar, business centre and all star guest amenities located in the hills of Baner,Pune.  United 21 The Grand, Pune the upcoming 5 Star Brand of Pancard Clubs Limited a company from Panoramic Group engaged in hospitality and Membership business all over India having Asia’s biggest discotheque in Pune property named as ‘Area 51’ with a capacity of around 1000 people. The company runs its business in Maharashtra, Karnataka, Tamil Nadu, Goa, Madhya Pradesh, Assam, Himachal Pradesh, Uttarakhand, West Bengal, Rajasthan, Delhi and few more states in coming months.  Recruited as a Deputy Manager for both the Pune property and promoted as a Manager Accounts from 1st April 2012 onwards.  Heading a team of 10 people along with one project accountant, handling the project accounts and both the existing operational books.
  3. 3. 3 | P a g e  Successfully taken over the handover of running hotel and made the accounts department setup for the newly purchased resort at Kodaikanal- Tamil Nadu, Chail- Himachal Pradesh.  Successfully implemented WINHMS software for both the Pune property for hotel operations which included stores, membership and banquet module.  Successfully interfaced WINHMS software with Tally ERP software for Revenue as well as for Purchase.  Coordinated with taxation department for implementing proper tax structure through WINHMS software for the Pune hotel and group hotels.  Took initiative in implementing and interfacing WINHMS software and Tally ERP software in other group company hotels like Panvel, Thane, Shirdi, Malwan, Goa, Mysore, Kodaikanal.  Handled the properties of Pune , Shirdi, Malvan,Goa, Mysore, Kodaikanal, Kaziranga and Chail from Pune.  The above mentioned accountant was reporting to me from their respective units and than the report was moved to HO i.e Mumbai.  Suggestion given to the management for installing separate software for Area 51 Night Operations for making cash less transactions in the operations to reduce cash leakage as well as to control food & beverage consumption as compare to manual operation.  Worked out the Budget for 2011-2012, 2012-13, 2013-14 & 2014-15 with taking necessary support from other departments for both the Pune properties.  Coordinating with team for day to day book keeping, statutory workings, payments of hotel operations, project accounting and of membership accounting.  Coordinated with legal department for drafting an agreement for discotheque operations between the company and the consultant.  Finalized the commercial deals for media planning with reputed companies like, Radio City, book my show, Burrp, Times of India, GoPune etc.  Freeze the deals for hoarding including a barter deals for the promotion of the company for Pune properties and properties at Madhya Pradesh.  Completed the deal with mobile company (Aircell & Airtel) for installing their towers at Pune properties.  Done a yearly tie-up with Times of India for advertising the unit segments in different media like Page 3 add and write-up, times deal, times city and times magazine.  Freeze the deal with reputed companies like Loreal, Posco, 3DPLM for the event management and catering services at Pancard Clubs Pune property.  Negotiated with Vendors for yearly rate tie-up for F.Y.2012-13 & F.Y.2013-14. Prepared contracts by coordinating with legal department for drafting terms & conditions with the vendors.  Providing MIS of hotel operations and of membership to the upper Management in the given time.  Successfully completed the Internal Audit as well as Statutory Audit of the company for A.Y.2011-2012 in short period of joining the organization.  Completed the Statutory Audit for the A.Y.2012-13, A.Y.2013-14, A.Y.2014-15 with require support to the Statutory Auditors.  Providing reports as required by upper management.  Designed job profile for department staff of operations, project and also of the accounts department of other companies of the group.  Coordinated with HR department for taking interviews and for recruitment for accounts department staff relating to Pancard Clubs Limited as well as for other group companies in Pune and other locations.  Successfully interfaced Dytel software used specially for Discotheque with WINHMS software and then in Tally.  Set a thought & successfully implemented with the help of software developers a web based ticket management software for big events like 31st December event, holi and live concerts having crowd more than thousands to reduce the manpower, better internal controls/transparency and to know in real time status of the event to the management of ticket selling, amount receiving and accounting in the books.  Designed and presented the presentation to the management for the 1st & 2nd Quarter 2012 Budget Review.  Designed SOP’s pertaining to Accounts Department. From Jan’10 to March 2011: Mercure Lavasa (Unit of Ecomotel Hotel Limited), Accor Group, France Accountant  Joint Venture between Lavasa Corporation Limited, Mumbai and Celebration Group, Haryana.
  4. 4. 4 | P a g e  “Mercure” a midscale International hotel, brand of Accor Group, France.  Working from pre-opening period as an Accountant reporting to Finance Controller from Operation stage.  Also took care of the book keeping and finalization of accounts of Lavasa International Convention Centre (Unit of Dasve Convention Centre Limited)-100% owned by Lavasa Corporation Limited and managed by Accor Hospitality.  Successfully made setup of finance department (both companies) and completed the book keeping of both the companies.  Knowledge of SAP software as project books was maintained in SAP software.  Gave support while linking software like -Micros with opera System, Opera with Sun System, and Material Control with Sun System.  Handling two chart of accounts- one chart of accounts of Lavasa Corporation Ltd – for project related accounting and the other chart of accounts of Accor Hospitality- for operation accounting. Consolidating both the chart of accounts for preparing Profit and Loss Account and Balance Sheet.  Working with Sun System Software- Used for accounting purpose, Material Control software for invoice booking, consumption, creditors uploading, and Opera software for revenue booking.  Managing the fund requirement for project and operation.  Made tie ups with Axis Bank and also with American Express Bank for EDC Machine for credit card / debit card swap and also with Thomas Cook for forex.  Worked out for opening new banks accounts like collection account, expense account, linking the collection account with respective EDC machine.  Monthly tax compliance like TDS, Service Tax, Luxury Tax, Profession Tax, VAT, WCT, EPF payment.  Invoice booking from Material controls to Sun Systems, vendor payments. Creditors aging on regular basis.  Monthly bank reconciliation of all accounts.  Audit- Successfully handled and finalized the first quarter audit, half year ended audit and third quarter ended audit for the financial year 2010-2011. Completed the books of account till the date of leaving the organization for F.Y.2010-11 keeping ready the format of the financials as per Schedule VI of the Companies Act, 1956. May ’05 to Dec’09: Ramakrishnan & Co. Chartered Accountants Senior Accounts & Audit Manager  Successfully handled the following assignments:  ABC Audit (Audit Bureau Of Circulation)- - Times Of India. A reputed and well-known company in News paper industry. Successfully handled and completed the ABC audit continuous for two years for Pune location.  Statutory Audits: Service Industry- - Intercontinental The Grand Resort, Goa. A 5 star Hotel from Bharat Hotel Group, Delhi, handled and completed statutory audit with tax audit, half yearly limited review and quarterly closing continuously for three years. - Deccan Insurance Services Private Limited, Mumbai. An insurance and reinsurance broker in general and life insurance. Completed the statutory audit by consolidating trial balance of five branches located in India with head office trial balance. - Xpasoft Technology Private Limited. A software development company. Completed statutory audit with tax audit and also providing fruitful knowledge for book keeping in software like Quick Books. - MMF Systems (I) Private Limited, Pune. A BPO company, Designed salary structure for employees, statutory compliances working and submission to respective departments, coordinating with statutory auditors. And also with central excise authorities for procuring re warehousing certificate and import certificates.
  5. 5. 5 | P a g e - Hotel Safari Private Limited, Pune. Hotel located in the heart of Pune City where we helped to develop book keeping system for lodging and boarding, conducted statutory audit with tax audit. Manufacturing Industry- - Litaka Pharmaceuticals Limited, Pune. A listed company with BSE manufacturing Pharmaceutical products was involved in the audit in the year in which there was amalgamation with another pharma company. - Sunny Gold Wineries Private Limited, Pune. Company manufacturing IMFL, was involved in stat and tax audit and advised the company on TDS and TCS related matters. - Pioneer Enterprises Private Limited, Pune. Manufacturing of corrugated boxes which are reusable at many cycles. Helped in statutory compliance, conducted and completed statutory audit with tax audit. - Pioneer Airbol Private Limited, Pune. Manufacturing air bubble films. Major role played at the time of company formation. Conducted and completed statutory audit. - Kunj Glass Private Limited, Pune. Manufacturer and exporter of vacuum flask and refills, was involved in stat audit and tax audit. - Kristall Ocean Exports Private Limited. Manufacturer and exporter of jewellery embedded with semi precious stones, successfully consolidated the foreign branch with the head office giving effect the provision of Accounting standard Project Companies- - WyteWater Technologies Private Limited, Pune. Company involved in setting up water and effluent treatment plants all over India , advised the company on revenue recognition norms and completed the stat and tax audit. Other Assignments- - Conducted stock audit, CA survey and post disbursement survey for many MNC banks. Aug’04 to Apr’05: Subhash M. Hiran Chartered Accountants Senior Accounts and Tax Assistant  Independent handling Audit, Income Tax, Sales Tax & Accounting like assignments for various entities with work force of 10 people.  Independent computerized book keeping done for various entities e.g. Individuals, Partnership firms, Pvt. Ltd. Companies. July’01 to July’04: Manish Shah Associates Chartered Accountants Article Clerk  Handled independent audit, account writing work of trading companies, proprietorship, firms, and trust audit.  Independent computerized account writing work done for various entities e.g. Individuals, Partnership firms, Pvt. Ltd. Companies.  Bank Audit- Bank of India, Tilak Road, Pune & Paud, Pune.  Internal Audit- Pioneer Agritechnoscan Exports Private Limited.
  6. 6. 6 | P a g e ACADEMIC CREDENTIALS Pursuing C.A. Final 2006 Intermediate Chartered Accountant from Institute of Chartered Accountants of India. 2003 Master of Commerce from University of Pune. 2003 G.D.C & A, Pune University. 2001 Bachelor of Commerce from University of Pune, Vidya Pratisthan’s Arts, Science & Commerce College, Baramati. COMPUTER PROFICIENCY 1. SAP. 2. Micros, Opera, Prolific, Sun, Material Control (Used in Hotel Industries). 3. WINHMS (Used in Hotel Industries). 4. IDS. 5. Tally Software- Version, ERP, 9.1, 7.2, 6.3, 5.4 and 4.5. 6. MS Excel, MS Word, MS PowerPoint. 7. Taxbase. 8. Dytel software. 9. Quick Book. DATE OF BIRTH: 4th February 1981