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NITIN S. RAJENIMBALKAR
Communication Address- Flat no. A2-204, Green County, Hadapsar-Saswad Road, Phursungi, Pune-
Current Address- C4, Atharva Vishwa, Near Pitale Ganpati Mandir, Tarabai Park, Kolhapur-416003.
+91 8806037290, pp +91 9890235129 firstname.lastname@example.org
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
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
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
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
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.
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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,
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.
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
In absence of GM handled the operation part by conducting morning meetings and resolving the other
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 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
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
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
April 2012 onwards.
Heading a team of 10 people along with one project accountant, handling the project accounts and both
the existing operational books.
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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
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 Zomato.com, 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
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
Quarter 2012 Budget
Designed SOP’s pertaining to Accounts Department.
From Jan’10 to March 2011: Mercure Lavasa (Unit of Ecomotel Hotel Limited), Accor Group,
Joint Venture between Lavasa Corporation Limited, Mumbai and Celebration Group, Haryana.
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“Mercure” a midscale International hotel, brand of Accor Group, France.
Working from pre-opening period as an Accountant reporting to Finance Controller from Operation
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
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.
- 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.
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- 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.
- 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
- 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.
- 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
Handled independent audit, account writing work of trading companies, proprietorship, firms, and trust
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.
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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.
2. Micros, Opera, Prolific, Sun, Material Control (Used in Hotel Industries).
3. WINHMS (Used in Hotel Industries).
5. Tally Software- Version, ERP, 9.1, 7.2, 6.3, 5.4 and 4.5.
6. MS Excel, MS Word, MS PowerPoint.
8. Dytel software.
9. Quick Book.
DATE OF BIRTH: 4th