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NITIN V. VASUDEO Cell: 050-3618402 E-Mail: nitin_vasudeo@hotmail.com
In quest of a career enhancements in assignments across operations in Accounts, Finance and Administration with a
growth oriented organization.
Professional Synopsis
- Result oriented professional with over 22 years experience in Accounts, Finance & related administration functions
- High level of Experience in Financial Accounting, Budgeting and Planning, Costing, Management Accounting / Reporting, Internal
Audit coupled with implementation of related Administrative Functions, Policies and Procedures
- High level of expertise in analyzing and improving systems and procedures, designing internal control and providing recommendation
to the Executive Team
- A keen analyst with exceptional interpersonal skills and strong relationship management, team building, problem solving and
organizational abilities
- Successful in handling Tax and Legal matters and dealing with government authorities
Core Competencies
Balance Sheet Profit & Loss Payroll Management Accounts Receivable / Payable
MIS Reporting Revenue Accounting Inventory Accounting Budget Implementation and Reporting
Fund Planning Cash Flow Management Staff Supervision Administrative & Clerical Procedures
Team Management Customer Service Management Documentation & Credit Policies Operations Management
⇒ Supervising and maintaining statutory books of accounts and reconciliation of financial statements as per IAS
⇒ Formulating budgets and conducting variance analysis to determine the difference between projected & actual results and
implementing subsequent corrective action
⇒ Monitoring MIS preparation to provide feedback to management on financial performance, viz. monthly profitability, turnover &
quarterly result
⇒ Supervising completion of internal and statutory audits within prescribed time limit and budget cost
⇒ Monitoring of statutory recoveries & ensuring timely remittance to the concerned authorities
⇒ Ensuring accuracy in line with corporate accounting standards and administration policies
Employment Details
Manager Administration & Accounts - Capital Values Group of Companies, Dubai, UAE
Period : April 2008 to present
Reporting : Chairman and Director Finance
Company Profile: University student accommodation on a global scale and Facilities Management Services
Role & Responsibilities:
⇒ Analyzing Balance sheet, Income Statement, Trial Balance
⇒ Budget preparation and monitoring
⇒ Co-ordination with auditors up to finalization
⇒ Supervising accounts receivable and payable
⇒ Coordinating with lawyers for the setup of a new company, amendments to Memorandum and articles of association & other legal
matters
⇒ Preparation of periodic reports for management
⇒ Managing relationship with government authorities Like DEWA, Etisalat, Labour and Immigration
⇒ Conducting research, price and purchase of CAPEX and supplies, coordinating project based work
⇒ Planning, coordinating and implementing customer service strategies aimed at enhancing the image of the company while maintaining
the integrity of the overall financial performance
⇒ Coordinating with other departments / Branch Supervisors for new commitments
⇒ Observing the performance level of all departments to ensure adherence to company’s policies and established operating procedures
⇒ Co-ordinate with Bankers for opening an account, facilities, KYC documentation and for other work as
⇒ Responsible for cash management and movement of funds as per the requirement of business
Senior Accounts Officer - Dubai American Academy & Westminster School – GEMS Education, Dubai, UAE
Period : Feb 2002 to Apr 2008
Reporting : Director Finance
Company Profile: Management of 35 leading educational institutions all over GULF and 50 schools worldwide
Role & Responsibilities:
⇒ Preparation of Balance Sheet and Income statement
⇒ Managing collection of fee income and other income and accounting for the same
⇒ Managing Internal & External Audit process
⇒ Developing and implementing financial policies and procedures
⇒ Budget preparation and monitoring with variance analysis report
⇒ Payroll administration for all staff
⇒ Monitoring the school transport facility – Vehicle Maintenance, meeting with parents for their suggestions/complaints
⇒ Monthly review meeting with the administration and support staff to tackle any operational issues
⇒ Supervising the reconciliation of the student database with the registrar
⇒ Capex accounting and meeting with suppliers for price negotiation
⇒ Ensuring business units are performing as per the policies & procedures as outlined by the Head quarter
⇒ Monitoring MIS like Cash flow, bank reconciliation, PDC management (Receivables/Payables)
Noteworthy Contributions:
⇒ Received “Performer of the Year” in 2006 and “Employee of the Month” award in the March - 2004, April - 2006 & November - 2007
⇒ Instigate school administration to convert outsourced transport to own Transport which resulted into increase in profit margin.
⇒ Reduction in fees outstanding by implementing various methods of recoveries, resulted in improvement in cash flow by 70%
⇒ Other school activities fees collection, brought under the department of Finance and Accounts which resulted into increase in revenue
⇒ Implemented a new budgeting system in such a way that everybody get involve and cut down the cost where ever necessary by 50%
Assistant Manager (Accounts & Administration) - Meguin Oil India, Mumbai, India
Period : Jan 2000 to Jan. 2002
Reporting : Manager – Finance, Chairman
Company Profile: A subsidiary of Nandan Group Of Companies, one of the leading Petroleum companies associated with trading
activities in oil and blending lubricating oils for various MNC’s in India
Role & Responsibilities:
⇒ Preparing monthly Cash flow, Income Statement and balance sheet
⇒ Analyzing Creditors, Debtors and General Ledger Trial Balance
⇒ Controlling cash credit account at Head Office
⇒ Responsible for following up with C&F Agents for stocks, sales and recoveries
⇒ Credit control for Debtor and monitoring the movement of stock
Noteworthy Contributions:
⇒ Implemented a monthly stock taking activity at the distributors warehouse which resulted into
a. Locate fast moving oil and lubricant products for a particular region – Save 20% cost on stocks holding
b. Cut down the production of slow moving oil and lubricant products – Save 25% cost on production floor
Assistant Manager (Accounts – Western Region) - Escort Finance Limited, Mumbai, India
Period: Jan 1998 to Dec 1999
Reporting: Branch Manager
Company Profile: One of the leading Non-Banking Financial Corporation, engaged in the financing activities for four wheelers,
Earthmoving Equipment and Construction Equipment
Roles & Responsibilities:
⇒ Monitoring the movement of stocks, cash credit account and trial balance
⇒ Dealer reconciliation, budgeting, monitoring overheads and recoveries
Noteworthy Contributions:
⇒ Implemented system for the repossessed vehicle stock and disposal by way of Inviting tenders resulted into –
a. Fast recovery of Debt b. decrease in cost of asset holding
Assistant Manager (Finance - Accounts) - Tipco Polymers Limited, Mumbai, India
Period : Jan 1992 to Dec 1997
Reporting : Vice President (Finance)
Company Profile: Manufacture of phenol formaldehyde Resins, Molding Powder, Hardeners
Roles & Responsibilities:
⇒ Sales tax assessments, quarterly fixed deposit interest calculation, Tax deduction and filing of Income tax returns bank reconciliation,
⇒ Analyzing accounts payable / receivable and general ledger trial balance, MIS reporting,
Noteworthy Contributions:
⇒ Tax assessments were clear of all penalties or demands with an average score of up to 95%
⇒ Reduced outstanding debts by one million Indian rupees by chasing sales team on weekly basis and sending reminder letters to
debtors fortnightly followed by telephone calls
Education: Bachelor of Commerce – Mumbai University, India, 1989
IT Skills
⇒ MS-Office (Word/Excel), Internet & Outlook
⇒ LAN based Multi-user Business Accounting Software viz. DATASOFT & SYBASE Package, Tally 5.4 Version,VB.net, Navision
⇒ Netware Local Area Network with 15 Nodes including Power Backup System Management
Personal Details
Date of Birth: 24
th
October 1968 Languages: English, Hindi, Marathi and Gujarati
References: Available on request Visa: Employment Visa unlimited contract

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Cv nitin v. vasudeo v4

  • 1. NITIN V. VASUDEO Cell: 050-3618402 E-Mail: nitin_vasudeo@hotmail.com In quest of a career enhancements in assignments across operations in Accounts, Finance and Administration with a growth oriented organization. Professional Synopsis - Result oriented professional with over 22 years experience in Accounts, Finance & related administration functions - High level of Experience in Financial Accounting, Budgeting and Planning, Costing, Management Accounting / Reporting, Internal Audit coupled with implementation of related Administrative Functions, Policies and Procedures - High level of expertise in analyzing and improving systems and procedures, designing internal control and providing recommendation to the Executive Team - A keen analyst with exceptional interpersonal skills and strong relationship management, team building, problem solving and organizational abilities - Successful in handling Tax and Legal matters and dealing with government authorities Core Competencies Balance Sheet Profit & Loss Payroll Management Accounts Receivable / Payable MIS Reporting Revenue Accounting Inventory Accounting Budget Implementation and Reporting Fund Planning Cash Flow Management Staff Supervision Administrative & Clerical Procedures Team Management Customer Service Management Documentation & Credit Policies Operations Management ⇒ Supervising and maintaining statutory books of accounts and reconciliation of financial statements as per IAS ⇒ Formulating budgets and conducting variance analysis to determine the difference between projected & actual results and implementing subsequent corrective action ⇒ Monitoring MIS preparation to provide feedback to management on financial performance, viz. monthly profitability, turnover & quarterly result ⇒ Supervising completion of internal and statutory audits within prescribed time limit and budget cost ⇒ Monitoring of statutory recoveries & ensuring timely remittance to the concerned authorities ⇒ Ensuring accuracy in line with corporate accounting standards and administration policies Employment Details Manager Administration & Accounts - Capital Values Group of Companies, Dubai, UAE Period : April 2008 to present Reporting : Chairman and Director Finance Company Profile: University student accommodation on a global scale and Facilities Management Services Role & Responsibilities: ⇒ Analyzing Balance sheet, Income Statement, Trial Balance ⇒ Budget preparation and monitoring ⇒ Co-ordination with auditors up to finalization ⇒ Supervising accounts receivable and payable ⇒ Coordinating with lawyers for the setup of a new company, amendments to Memorandum and articles of association & other legal matters ⇒ Preparation of periodic reports for management
  • 2. ⇒ Managing relationship with government authorities Like DEWA, Etisalat, Labour and Immigration ⇒ Conducting research, price and purchase of CAPEX and supplies, coordinating project based work ⇒ Planning, coordinating and implementing customer service strategies aimed at enhancing the image of the company while maintaining the integrity of the overall financial performance ⇒ Coordinating with other departments / Branch Supervisors for new commitments ⇒ Observing the performance level of all departments to ensure adherence to company’s policies and established operating procedures ⇒ Co-ordinate with Bankers for opening an account, facilities, KYC documentation and for other work as ⇒ Responsible for cash management and movement of funds as per the requirement of business Senior Accounts Officer - Dubai American Academy & Westminster School – GEMS Education, Dubai, UAE Period : Feb 2002 to Apr 2008 Reporting : Director Finance Company Profile: Management of 35 leading educational institutions all over GULF and 50 schools worldwide Role & Responsibilities: ⇒ Preparation of Balance Sheet and Income statement ⇒ Managing collection of fee income and other income and accounting for the same ⇒ Managing Internal & External Audit process ⇒ Developing and implementing financial policies and procedures ⇒ Budget preparation and monitoring with variance analysis report ⇒ Payroll administration for all staff ⇒ Monitoring the school transport facility – Vehicle Maintenance, meeting with parents for their suggestions/complaints ⇒ Monthly review meeting with the administration and support staff to tackle any operational issues ⇒ Supervising the reconciliation of the student database with the registrar ⇒ Capex accounting and meeting with suppliers for price negotiation ⇒ Ensuring business units are performing as per the policies & procedures as outlined by the Head quarter ⇒ Monitoring MIS like Cash flow, bank reconciliation, PDC management (Receivables/Payables) Noteworthy Contributions: ⇒ Received “Performer of the Year” in 2006 and “Employee of the Month” award in the March - 2004, April - 2006 & November - 2007 ⇒ Instigate school administration to convert outsourced transport to own Transport which resulted into increase in profit margin. ⇒ Reduction in fees outstanding by implementing various methods of recoveries, resulted in improvement in cash flow by 70% ⇒ Other school activities fees collection, brought under the department of Finance and Accounts which resulted into increase in revenue ⇒ Implemented a new budgeting system in such a way that everybody get involve and cut down the cost where ever necessary by 50% Assistant Manager (Accounts & Administration) - Meguin Oil India, Mumbai, India Period : Jan 2000 to Jan. 2002 Reporting : Manager – Finance, Chairman Company Profile: A subsidiary of Nandan Group Of Companies, one of the leading Petroleum companies associated with trading activities in oil and blending lubricating oils for various MNC’s in India Role & Responsibilities: ⇒ Preparing monthly Cash flow, Income Statement and balance sheet ⇒ Analyzing Creditors, Debtors and General Ledger Trial Balance ⇒ Controlling cash credit account at Head Office ⇒ Responsible for following up with C&F Agents for stocks, sales and recoveries ⇒ Credit control for Debtor and monitoring the movement of stock Noteworthy Contributions: ⇒ Implemented a monthly stock taking activity at the distributors warehouse which resulted into
  • 3. a. Locate fast moving oil and lubricant products for a particular region – Save 20% cost on stocks holding b. Cut down the production of slow moving oil and lubricant products – Save 25% cost on production floor Assistant Manager (Accounts – Western Region) - Escort Finance Limited, Mumbai, India Period: Jan 1998 to Dec 1999 Reporting: Branch Manager Company Profile: One of the leading Non-Banking Financial Corporation, engaged in the financing activities for four wheelers, Earthmoving Equipment and Construction Equipment Roles & Responsibilities: ⇒ Monitoring the movement of stocks, cash credit account and trial balance ⇒ Dealer reconciliation, budgeting, monitoring overheads and recoveries Noteworthy Contributions: ⇒ Implemented system for the repossessed vehicle stock and disposal by way of Inviting tenders resulted into – a. Fast recovery of Debt b. decrease in cost of asset holding Assistant Manager (Finance - Accounts) - Tipco Polymers Limited, Mumbai, India Period : Jan 1992 to Dec 1997 Reporting : Vice President (Finance) Company Profile: Manufacture of phenol formaldehyde Resins, Molding Powder, Hardeners Roles & Responsibilities: ⇒ Sales tax assessments, quarterly fixed deposit interest calculation, Tax deduction and filing of Income tax returns bank reconciliation, ⇒ Analyzing accounts payable / receivable and general ledger trial balance, MIS reporting, Noteworthy Contributions: ⇒ Tax assessments were clear of all penalties or demands with an average score of up to 95% ⇒ Reduced outstanding debts by one million Indian rupees by chasing sales team on weekly basis and sending reminder letters to debtors fortnightly followed by telephone calls Education: Bachelor of Commerce – Mumbai University, India, 1989 IT Skills ⇒ MS-Office (Word/Excel), Internet & Outlook ⇒ LAN based Multi-user Business Accounting Software viz. DATASOFT & SYBASE Package, Tally 5.4 Version,VB.net, Navision ⇒ Netware Local Area Network with 15 Nodes including Power Backup System Management Personal Details Date of Birth: 24 th October 1968 Languages: English, Hindi, Marathi and Gujarati References: Available on request Visa: Employment Visa unlimited contract