Sanjay Rajaram Jadhav
Al Khobar
Summary
Business-minded Finance Manager promoting more than 25 years of expertise overseeing transactions and reconciling monthly financial reports. A highly collaborative individual with a track record of effectively training and coaching staff members. Offering confidence, team contribution and decision-making skills.
Overview
27
27
years of professional experience
Work History
Finance Manager
Ascott Corniche Al Khobar
09.2019 - 02.2024
- Increased financial efficiency by streamlining and automating financial reporting processes.
- Enhanced budget management by implementing expense tracking and cost reduction strategies.
- Optimized cash flow with diligent monitoring of accounts receivable and payable.
- Improved financial forecasting accuracy, utilizing advanced analytical models.
- Developed comprehensive financial reports for executive decision-making support.
- Managed multimillion riyal budgets, ensuring accurate allocation across departments.
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Negotiated favorable terms with vendors, resulting in significant cost savings for the company.
- Mentored junior finance staff, fostering professional development and strong team dynamics.
- Streamlined month-end close process, reducing time spent on manual tasks and improving data accuracy.
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Ensured compliance with local, state, and federal tax regulations; timely filing of all required documents, mitigating potential penalties or fines.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Processed invoices and contacted appropriate parties for timely payment receipt.
- Executed vendor setup and payment, administration of bank accounts, and account reconciliations.
- Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
- Reviewed documentation and identified financial discrepancies where applicable.
Assistant Manager - Finance and Accounts
Ascott Park Place Hotel Apartments Dubai
04.2011 - 09.2019
Accountant
Kejriwal Paper Ltd
12.2009 - 03.2011
- Assisted in reducing outstanding accounts receivable balances by diligently following up on overdue invoices.
- Collaborated with accounting manager to comply with governing bodies and limit regulatory risks.
- Compiled general ledger entries on a short schedule with 100% accuracy.
- Maintained integrity of general ledger and chart of accounts.
- Reduced expenses by negotiating with vendors for better pricing and terms on services and supplies.
- Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
- Optimized inventory management processes by monitoring stock levels closely and recommending optimal order quantities based on historical trends.
- Assisted in annual audit preparations, ensuring a smooth process with no major discrepancies found.
Procurement Coordinator Cum Asst Accounts Manager
Globe Trading Agency Ltd
10.2001 - 10.2008
- Enhanced procurement efficiency by implementing streamlined processes and reducing order cycle times.
- Negotiated favorable supplier contracts for improved product quality and cost savings.
- Developed strong relationships with key suppliers, enabling faster response times and better pricing options.
- Managed inventory levels effectively to minimize stockouts and optimize warehouse space utilization.
- Achieved cost savings by skillfully renegotiating contracts with key suppliers.
- Developed strong relationships with vendors, fostering a collaborative environment for mutual benefit.
- Managed procurement team to ensure timely delivery of products and services while maintaining quality standards.
- Conducted regular audits of vendor compliance with contractual obligations, ensuring adherence to established terms and conditions.
- Mentored junior staff members in accounting best practices, fostering talent development within the department.
- Maintained up-to-date knowledge of relevant accounting standards, ensuring full compliance with TALLY guidelines at all times.
- Reported financial data and updated financial records in ledgers and journals.
- Streamlined the month-end closing process by implementing a more efficient system for preparing journal entries.
Accountant
Vama Ford Motors Pvt Ltd
07.1997 - 08.2001
- Increased efficiency by streamlining accounting processes and implementing new financial software.
- Improved financial reporting accuracy through meticulous data analysis and reconciliation efforts.
- Managed accounts payable and receivable functions, maintaining accurate records and timely payments to vendors while collecting outstanding invoices.
- Supported month-end closing process by preparing financial statements, variance analyses, and account reconciliations.
- Assisted with budget preparation, monitoring expenses, and providing timely updates to management on variances.
- Collaborated with external auditors during year-end audits, ensuring compliance with regulations and accurate financial reporting.
- Trained and mentored junior staff members on various aspects of general accounting principles, software applications, and best practices in order to foster a culture of continuous learning and professional development.
- Reconciled accounts and reviewed expense data, net worth, and assets.
Education
Bachelor of Commerce - Finance, Accounting & Economics
University of Mumbai
Mumbai, Maharashtra, India04.1997
Skills
- Performance Analysis
- Financial Management
- Continuous Improvement
- Financial Modeling
- Business Forecasting
- Human Resources
- Proficient in Oracle Accounting Software & Tally
- Financial Budgeting
- Internal Controls
- Cash Flow Management
- Staff Training
- KPI Management
Languages
Marathi, Hindi
Native language
English
Advanced
C1
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Work Preference
Work Type
Full TimeWork Location
On-SiteImportant To Me
Company CultureWork-life balanceCareer advancementTeam Building / Company RetreatsFlexible work hoursPersonal development programsQuote
There is a powerful driving force inside every human being that, once unleashed, can make any vision, dream, or desire a reality.
Tony Robbins
Timeline
Finance Manager
Ascott Corniche Al Khobar
09.2019 - 02.2024
Assistant Manager - Finance and Accounts
Ascott Park Place Hotel Apartments Dubai
04.2011 - 09.2019
Accountant
Kejriwal Paper Ltd
12.2009 - 03.2011
Procurement Coordinator Cum Asst Accounts Manager
Globe Trading Agency Ltd
10.2001 - 10.2008
Accountant
Vama Ford Motors Pvt Ltd
07.1997 - 08.2001
Bachelor of Commerce - Finance, Accounting & Economics
University of Mumbai
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