SUBHASH GHIMERE

• Conducted detailed financial analysis and research to identify potential areas of improvement for clients.
• Consulted with clients to assess and meet short- and long-term financial goal.
• Assist Clients in Debt Structuring & Debt Refinancing ,Credit Rating and Due Diligence.
• Raising Project Loans for HAM Projects ,Structured Trade Finance , Factoring , Term Loan & Working Capital Funding for for Road Projects & Hotel Projects.
• Prepared Reports for Management such as TEV, Project Report , Bank Proposal Notes etc.
• Developed and deepened relationships with new and existing clients to advance progress and improve business.
• Analyzed financial information obtained from clients to determine strategies for meeting clients' financial objectives.
• Followed-up with clients regularly and implemented consultative techniques to stay on top of financial means and objectives.
• Co-ordinated with Banks , Lender independent Engineers , TEV consultants , Legal Advisors for Financial closures and Disbursements.

MIS reporting

• Controlled costs and optimised spending via restructuring of loans ,Preparing MIS for rationalisation of finance cost i.e. ROI & Commission. and technology upgrades
• Working on Schedules & Ageing for Finalisation of Balance Sheet as per IND -AS.
• Recorded Outflow of payments related to term lenders for Principal & interest obligations in Monthly Cash Flow.

Loan Disbursement Activities:

• Ensure submission of information to banks, resolving queries on time, negotiation & finalisation of term sheet for financial closure documentation process for Infrastructure Projects.
• Finalisation of ROI, Repayment Schedule, Insurance & RTO Documentation with various NBFC & Banks for timely disbursement of Machinery Term Loan.
• Projections: Preparing & Updating CMA/Financial model for renewal of facilities.

Accounting Oversight:

• Support in Closure of Financial as per IND-AS, Review of Monthly Provisions with accuracy & reliability of provision inputs in line with PR and past trends.
• Preparation of Notes to Accounts in relation to borrowings.
• Initiatives: Identifying & evaluating Cost Saving Opportunity with inputs from cross functional teams.

Control:

• Responsible for routine operational expenditure approvals and analysis of cost exceeding budget to discuss with respective function head which resulted in reduction of finance cost by 1 %.

Key Responsibilities.

• Formation of Project Reports for DIC schemes such as Yuwa Swarojgar, Yuva Uddhami etc.
• Franchisee Documentation and consultancy, Cost & Pricing analysis, Internal audit at Sagar Gaire Restaurant & Fast food Pvt.Ltd. which lead to addition of 5 franchise.
• Marketing budget, updating monthly marketing expense & reporting any variance.
• Resolved problems, improved operations and provided exceptional service

Key Responsibilities.

• Month end Closing & Analysis – Payroll management, Accrual of expenses, sales audit, analysis of GL, and scrutiny of P&L and Balance sheet.
• MIS reporting – ent, utility, cash flow analysis, expense reporting month to month basis, GAAP Reporting, trend/segment analysis, Vendor Aging analysis, Fixed Assets & Depreciation.
• Reconciliation for Inventory, Payable and Cash Account, petty cash.
• Accounts receivable for merchandise.
• Taxation – Computation of Gross receipt tax, Employees pay and tax deductions.
• Report Generation, updating & maintenance of Master Data & various integration in SAGE MAS 500 ERP system.
• Dispute handling with American Express, vendors & co-ordination with store managers in handling discrepancies.

Had a great experience in field of Finalization of Accounts, Statutory Audits, Internal Audits, Inventory Funding, Risk Assessment, Ratings and Bank Audits

• Assisted auditor in developing timelines, budgets and audit plans for assigned projects in 3 Years
• Performed analysis and research to compile data to submit to auditor for special projects
• Developed detailed financial recordkeeping methods and procedures to support fiscal reporting
• Detected internal control deficiencies and suggested corrective measures
• Prepared year-end journal entries to prepare for annual audit
• Developed audit scopes and audit programs