Nilesh Phadatare is seeking a position in finance or accounting. He has over 10 years of experience in roles such as team lead, process expert, and senior executive accounts. His experience includes bank and general ledger reconciliations, accounts payable and receivable, financial reporting, and ensuring timely payments. He is proficient in Tally, SAP, MS Office, and has reduced bank suspense items and improved reconciliation accuracy for previous employers.

1. RESUME
PersonalInformation:-
 Name: - Nilesh Vasant Phadatare
 Address: - Flat no. 204, Shantai Aptt.,Beside to Chowdai Mata Mandir, Behind Lake Vista,
Ambegaon Khurd, Pune 411046
 Gender: - Male
 Date Of Birth:- 12th Feb.1985
 Contact No.:- 8983413150
 Email ID: - nileshph71@gmail.com
Work Summary:-
Company Name: - Infosys BPO Ltd. (End to end Business Process Outsourcing services)
Designation: - Team Lead (Individual Contributor)
Duration: - July 2014 – Till date
Duty:-
 Bank Account Reconciliation
 Trade AR Reconciliation
 Suspense Account Reconciliation
 Inventory Reconciliation
 Prepaid Accounts Reconciliation
 Bad Debts Calculation
 Staff Head Count Reporting
 GIT Reconciliation
 Prepareand post reclass journals for various accounts
 Monitor and assist team members tomeet SLA’s during close
 Produce month end reports for activities performed during close
 Monthly PPT presentation for month end close
 Calls with customer regardingMonth end / Quarter / Year close
 First level of discussion (within team)for customer complaints
 Highlight / discuss issues within team regarding process,complaints etc;
 Participatein discussion regarding Quality check and control
Designation: - Process Expert

2. Duration: - Nov. 2012 – June 2014
Duty:-
 Verification,Checking and error out Intercompany Invoices of PO / Non PO based
 Correspond along with Intercompany entities and resolution for queries on Invoices
 Resolve discrepancy with Inter Company entities
 Payments toIntercompany entities
 Intercompany reconciliation and analyses of aging and variancereporting
 Issue Charge back Invoices Inter Company entities
 Confirmation of Balance dues on Quarterly basis
 Accrual Journals for Inter Company Invoices (Accounts Payable)
 Inter Company GL Reconciliations for both AP/AR
 Ad hoc Journal entry preparations
 Updating SOP’s and get approved from time to time
Key Results:-
 Reduction in open items from Bank GL from 7 month to 2 months
 Improved accuracy from 86% to 94% in quarter end reporting
 Reduction of Outstanding amounts from Bank Reconciliation from 25 million USD to 4 million
USD
Company Name: Maersk Global Service Centre India Pvt. Ltd. (listed under Cargo services)
Designation:-Senior Officer
Duration: June 2010 – Nov. 2012
Role:
 Recording of receipts from customers and Payments to vendor / employees in SAP
 Reconciliation of un-matched amounts in Bank GL’s
 Daily Bank Balance updating
 Reconciliations and analyses theGL’s for Vendor and customer (Ageing Reports based on SAP
reports)
 Weekly reporting of unmatched amounts in Bank account
 Verification,checking and processingof invoices for vendors including Inter-company vendors
(only Non-PO based)
 Manage employees travel expenses and reimbursements
 Processing of payments tovendor before due date
 Correspondence with vendor for invoice discrepancy and action on inquiries
 Preparecorrespondence within team as needed
 Manage Cash and Bank accounts,prepare bankaccount reconciliations
 Track GL like Prepaid expenses and Accruals and make necessary journal posted
 Recharges to Intercompany entities
 Dunning Letter to Customers

3.  Bad debts calculation and posting
 Ensure monthly KPI’s
 Weekly reportingto Operation Manager for Workflow clearing in SAP and manage the
resolution of operational issues of significant impact
 Weekly / Monthly KPI reportingto Regional Head / Country CFO
 Monthly CFO reportingfor Monthly Performanceresult for Process
 Responsible for the adherence to the quality control measures and procedures that havebeen
developed for the process
 Participation in different forum which focusing on improvement in processing
 Monthly call with customer for monthly performance
 Introduction of new ideas of methods which will helpful for reducing costs for customer and
business process improvement & efficiency
Key Results:
 Reduction in the banksuspense open items from 60 days to15 days
 Ensure timely approval for payment tofor all Non-strategic vendors
 Initiated activeinvolvement in KPI report which ultimately improved KPI score card for
customers
 Achieved timeliness and accuracy in Bank Reconciliations
 Timely payments toIntercompany and external vendors
 USD savingproject for customer on Bank Charges
Company Name: Influx Mart Ltd. (Retail venture of Influx Group)
Designation: Sr. Executive Accounts
Duration: May 2006 - June 2010
Role:
 Verification,Checking and processing of vendor invoices for Fixed Asset
 Vendor / Customer file maintenance
 Processing of other vendor invoices with respect to the services provided after due verification
with thecontracts /purchaseorders and processingof payments before the due date
 Manage employees travel expenses and reimbursements
 Preparation of customer invoices as per the contracts /sales orders, Reconciliation of Debtors
accounts and reportingof AR
 Manage petty cash account and bank accounts,preparebank reconciliations and update daily
funds positions
 Monitor accounts to ensure payments / receipts areup to date
 Balance updatingBank and Cash to Accounts manager
 Recording of daily cash receipts from customer and payments to vendors / employees
 Weekly reconciliation of Debtors and Creditors statement and update thestatus toAccounts
manager
 Quarterly Reconciliation of vendor book and customer book
 Issuing quarterly statement toVendor and Customer

4.  Preparation of TDS liability statement and pay the same
 Issue TDS certificates to vendor
 Assistancein quarterly,yearly accountingaudit work
 Checking, verification and preparation of Quarterly Audit of Stock reports
 Preparation of Sales Tax Payable statement for filling and payment
Key Results:
 Resolved months of backlogged work, restored thesales issue with vendors
 Assist the Sales team in follow up and recovery of overdue from 4 months to 1 month
 Timely Payments tovendor
 Handled the processing, distribution,accuracy,verification and maintenanceof invoices
Education:-
 Completed Diploma in Taxation in Law from University ofPune in the year 2008
 Completed Master’s in Commerce from University of Pune in the year 2008
 Completed Bachelor’s in Commerce from University of Pune in the year 2006
ComputerSkills:-
 Tally 9.0, SAP R/3, BW, MS Office, Power Point, Lotus Notes