VITHAL. N. UPARI
B.Com + CA Aricleship +MBA+LLB
BELGAUM (BELAGAVI)
Summary of Career
1. Handling set of accounting activities to ensure compliance with generally accepted accounting principles, corporate policies, external audits
2. Accounts Payable, Accounts Receivables payroll function, monthly closing of accounts preparation of reports in support of financial statements
3. Reporting to Chief Finance Officer, Managing Director in analysis, reconciliation of accounts in development, implementation of accounting policies, procedures controls
4. Manage monthly financial close process, including ensuring all costs incurred are properly recorded, reviewing journal entries, account balance reconciliations report preparation
5. Participate in ongoing development/establishment of accounting policies procedures, operational strategies including review, implementation of process and system changes
6. Continued focus on improving system efficiencies, business practices
7. Participate in strategic financial projects including upgrades/phase-two implementation of ERP software
8. Ensure compliance with internal • control policies Collaborate with external auditors to ensure successful audit results, compliance
9. Interacts at all levels with budget owners or other stakeholders to produce timely, efficient, accurate month-end close all internal management, financial reporting through annual report
10. Responsible for hierarchy scalability in chart of accounts and accuracy in general ledger, financial statements, has ultimate authority over classification and booking of all transactions
Experience as Senior Accounts Manager
27 August 2018
1) Handling set of accounting activities to ensure compliance with generally accepted accounting principles, corporate policies, external audits.
2) Accounts Payable, Accounts Receivables payroll function, monthly closing of accounts preparation of reports in support of financial statements.
3) Reporting to Chief Finance Officer, Managing Director in analysis, reconciliation of accounts in development, implementation of accounting policies, procedures
Controls .
4) Manage monthly financial close process, including ensuring all costs incurred are properly recorded, reviewing journal entries, account balance reconciliations
report preparation
5) Participate in ongoing development/establishment of accounting policies procedures, operational strategies including review, implementation of process and system changes
6) Continued focus on improving system efficiencies, business practices.
7) Participate in strategic financial projects including upgrades/phase-two implementation of ERP software.
8) Ensure compliance with internal • control policies
9) Collaborate with external auditors to ensure successful audit results, compliance
10) Interacts at all levels with budget owners or other stakeholders to produce timely, efficient, accurate month-end close all internal management, financial
reporting through annual report.
11) Responsible for hierarchy scalability in chart of accounts and accuracy in general ledger, financial statements, has ultimate authority over classification and booking of all transactions
12) Analyze effect of statutory accounting practices studies regulations guidance to ensure correct application of Generally Accepted Accounting Principles.
13) Make recommendations for changes as needed to ensure that company policies procedures are followed establishes proper techniques to discover prevent fraud.
14) Prepare detailed journal entries, account analyses.
15) Assist with compilation of information for preparation of tax returns.
16) Work with Audit, Tax, Treasury Manager to ensure overall coordination of all financial accounting activities through annual report.
17) Prepare summary feedback of financial statements variances to budget
18) Actively review, advise on financial/accounting processes Statutory Compliance like Comptroller Audit General for Audit issues and same should be complied with Karnataka Urban Infrastructure Development Finance Corporation, Ministry of Housing Urban Affairs.
19) Statutory Compliance like Employee Provident Fund, Employee State Insurance, Goods services Tax, Income Tax, Labour Law, Karnataka Civil Services Rules,
Karnataka Transparency in Public Procurement Act, Town Municipal Council Acts.
20) Reached out to accounts measuring satisfaction increased revenue @ 10%
21 Updated account plans based on changing markets, customer conditions competitor activity
Experience as Head of Department-Accounts & Finance
12 June 2014
01 December 2016
1) Ensuring Accounting and Financial and Reporting aspects which includes, Budgeting, Reporting of day today
2) Cash/Bank Reconciliation
3) Salary Disbursement, Statutory follow-ups like Statutory Audit, Income Tax etc., Disbursement of Vendor Payments bills etc
4) Ensuring Fees Reconciliation, Scholarship follow-ups, Bank Reconciliation Statement and other accounting, financial and Auditing activities
5) Coordinated between various entities to manage cases
6) Ensured 100% Fees Reconciliation
7) Streamlined operations and prioritized tasks, allowing senior staff to increase revenue by 25%
Achievement : Completed successful audit and got best audit
completed team reward in resolving audit queries in speedy
way.
Experience as Manager- Administration and Accounts
10 August 2013
24 May 2014
1) To assist in establishing and managing all types of education institutions, hospitals/clinics and rural development
activities at Company's Units or at other places as per decision of Foundation.
2) Ensuring Distribution of sugar products and bye products to entire Market Distributors, through proper channels &
maintaining their track records for Accounts and Reconciliation.
3) To assist in reviewing performance of these institutions on monthly basis and reporting same to management.
4) To organize various on-going training programs for staff of these education institutions and hospitals.
5) To liaison with various related authorities like Education Dept.,Health Dept and other concerned Departments and
shall report to e undersigned once in every fortnight about progress of work of education institutions and hospitals
and other activities.
6) To procure/purchase materials required for schools and hospitals/clinics based on actual demands and with due
approval of undersigned following transparency procedure.
7) To inspect stock of medicines and stock of school books regularly and report any deficiencies therein.
8) To co-ordinate with schools, hospitals and rural development activities for their better performance and services.
9) To organize Shakar Salas to children of harvesting gangs at Company's Units
10) In co-ordination with Doctors and co-coordinators to organize various health camps and rural development related
activities.
11) To organize Trust Committee, General body Meetings of Trustees and Company as per instructions of
management once in two months.
12) To implement decisions/policies of Foundation and Company within specified period to achieve objectives.
13) To ensure and oversee proper accounting of transactions through Accounts Dept. and place Statements of
Accounts to Committees for approval.
14) To chalk out detailed programs to be implemented as per objectives of Foundation and Company quarterly and
place them before Committees for approval by Company.
15) To give periodical visits to schools, hospitals/clinics /diagnostic center/boys hostel/polytechnic/Industrial training
Institute of Company Units and to discuss with Unit Heads/Administration Departments regarding activities of
schools, hospitals/clinics.
16) Any other works assigned from time to time
Experience as Head of Department-Accounts & Finance
06 December 2012
30 April 2013
1. Handling all statutory obligations relating Tax deducted at source, Income Tax, Sales Tax, Excise , Service Tax
Labour related obligations.
2. Monitoring Accounting & Finance department team for smooth flow of work
3. Reporting for Fund Flow, Budgeting, Audit, Preparation of Financial Statements etc. to Board of Directors.
4. Liaison with Internal, • External Auditor.
5. Managing Fund, Forecasting, Cost –budgeting,
6. Management Information System Reports etc.,
7. Other accounting & financial activities
8. Managed well entire Accounting Team of 10 people
Experience as Internal Auditor
28 July 2011
31 December 2011
1. Audit Queries of Company checked and clarified 100% with relevant supporting documents
2. Audit of day to day vouchers, bills, payroll, purchase orders as per management approvals Audit of Chilling
centers, routes & distributors.
3. Monthly stock audit of plant, depot & Chilling Centers.
4. Management Information System on Realization &
5. Manufacturing cost, Procurement Cost details.
6. Vat returns preparation for Karnataka Division Because of Strong Adoption of Audit procedures
7. mistakes were reduced by 80% and management is
totally had control on it
Experience as Manager-Finance & Accounts
12 September 2008
31 December 2010
1. Processing, controlling revenue, expenditure, department budgets, salary updates, ledger,
Account maintenance, data entry.
2. Review cash holdings at branches on consistent basis & facilitate transfer of excess to Branches with cash shortfalls.
3. Monitor balances on bank accounts to evaluate availability of idle cash for investment.
4. Implement finance, accounting, billing, & auditing. procedures. Manage cash funds transfers.
5. Oversee inter branch transfers, tax filings & Legal follow ups for Employees Provident Fund.
6. Employees State Insurance , VAT, Income Tax, Tax, Deducted at Source aspects for calculation &
Deductions.
7. Manage capital expenditures all procurement of Daily, Monthly Reports.
8. Assist in obtaining necessary licenses, insurance, required to operate micro finance.
9. Other Business.
Achievement : Controlled all Self Help Groups of Company
by showing outstanding performance in collection of 80%
Experience as Commercial Exe cutive
22 September 2005
31 July 2008
1) Responsible for 9 Distributors of Belgaum Cluster for their Claims, Revenue Follow-up, Claw back, Fine and Penalties, Inventories, Reconciliation, Outstanding Payment/Receipts for Commercial Aspects.
2) Furnishing of Management Information system Reports, Daily collection reports. Daily & Monthly sales Report of distributors
3) Procurement of stock from Cluster office to Distributor point & Maintenance of stock register
4) Fortnightly doing stock physical verification and reconciling with stock register.
5) Working knowledge of SAP, TALLY, CLARIFY. SIMPLIFY.
6) Liaison with auditors for smooth completion of audits viz Monthly Internal Audit.
7) Allocation of Customer base to various Clients, monitoring follow up of their Collection performance.
8) Target & incentive planning of Local Business Associates for primary & secondary Recharge Currency
9) Voucher Billing & activation
Achievement : Got best zonal in activation more numbers so as to get highest revenue in North Karnataka
Experience as Finance Executive
01 December 2001
26 October 2005
1) Handling 11 Districts of Hubli Cluster of 14 Franchisees 11 Distributors ( Prepaid, Postpaid & Public Coin Box) for each District for processing of Financial Activities related to Management Information System Collection, Distributors Claims, Revenue Follow-up, Claw back, Fine and Penalties, Inventories, Reconciliation, Outstanding Payment/Receipts, Audit Part.
2) Sending CMS Report on daily basis ensuring cash deposits from Distributors & Franchisees with CMS & Credit ensuring from Collection Bank on daily basis for various accounts heads & Reconciliation.
3) Processing of Payments of Vendors, bills, employees travel claims.
4) Banking activities-Bank Reconciliation Statement etc.
5) Auditing of Stock Reconciliation, Commission, franchisee distributors, with invoices, bills, claims physical stock verification, bills of exchange Draw boxes.
6) Liaison with Auditors for smooth completion of Audit
Experience as Accounts Executive
14 September 2001
25 April 2002
Handling 8 Districts of Hubli Cluster of consisting of 10
Franchisees 8 Distributors for
•
Maintaining transactions related to Accounts, Finance on
Online Basis.
•
???? Cash, Credit Collection, processing of Employees
claims, Bank Reconciliation Statement, stock Verification.
•
???? Follow-ups for with auditors for smooth completion of
audits viz Monthly Internal Audit, Stock Reconciliation ,
Distributors ,Commission, Claims etc..
•
???? Reconciliation for Credit Verification of Deposited
accounts.
•
???? Control over Cash deposits withdrawals, cash receipts,
payments
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Experience as Audit Assistant
25 July 2000
22 June 2001
Represented firm on variety of audit assignments
comprising of Internal Control, Statutory Audit, Internal
Audit of small, medium sized companies
•
Ever ready guidelines helped to ensure that consistency
of presentation quality of service meet highest
professional standards
•
It enabled to use current technology tools to enhance
effectiveness of deliverable service
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It has given insight into inter-relationship of various
functional areas of business helped to study analyze
updates in generally accepted accounting principles,
taxation company law matters
•
Assignments gave opportunity to apply theoretical
concepts to practical situations
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Achievement : All Audits were completed within stipulated
period which increase working efficiency by 40%
Experience as Articled Audit Assistant
18 June 1997
18 July 2000
Exposure valuable experience (as key member of team)
on Statutory, Internal, Tax Audits, Internal Checks
Controls preparation of internal audit manual :
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Major Clients Handled during Article Ship Period :
* Karnataka Milk Federation Unit- Belgaum
* JG Hospital, Ghataprabha, Sole proprietor, Traders,
Companies
* Sudharshan Manufacturing Industries- Belgaum
* Many Co-Operative Societies, Urban Banks,
•
* Nationalized Bank viz Corporation Bank, Bank of
Maharashtra for Bank Audit. Etc.,
•
Achievement : Well execution of Audit Planning so as to
meet deadlines of Statutory dates which achieved overall
contribution to Audit Firm by 85%
•
Bachelor 26 June 1997
Completed from Mahaveer P Mirji- BelagaviOther 18 June 2000
Charted Accountant -CA Articleship period completed from 1997-2000Other 30 June 2015
MBA-Completed from Indira Gandhi Open Univesity- New DelhiOther 25 July 2013
Bachelor of Law -LLB completed from Karnataka State Law University- Hubli