Summary
Overview
Work History
Education
Skills
Accomplishments
Career Timeline
Previous Companies
Articleships
Other Assignments
Timeline
Generic
Akhil Rathi

Akhil Rathi

Chartered Accountant
Nagpur

Summary

Custodian of financial planning & analysis, internal / regulatory reporting, accounting, receivables & payables, finalization / consolidation of accounts (Balance Sheet / P&L), budgeting & forecasting - leading to long-term improvements in cost saving, profitability & productivity. Prepared budgets, forecasts, and financial statements on a monthly, quarterly, and annual basis. Managed Inventory and Logistic Department : 125 Truck Management across Pan India and reduced the running cost. Covered the Operation of 60 + Bottling Plant and managed LPG and Cylinder Inventory along with 50 Stock Point Operation. Financial Controller of CNG Manufacturing Unit of Group. Handling Sanctioning and Disbursement of Rs 80 Crore Loan – of Greenfield CNG Cylinder Manufacturing Project. Implemented ERP software in company (Light House ERP). Provided insight on financial decision-making process through analysis, financial projections (planning, budgeting and forecasting) and reporting; brought in scalable financial control in operations; developed unique and flexible pricing models. Maintained steady cash flow & fund flow and found innovative means to fund financial needs of the organization at difficult times. Worked closely with the Board & top management in devising a financial strategy that supported the company’s business strategy. Enabled achievement of full business potential by delivering strategic financial leadership. Expertise in analyzing business operation, trends, costs, revenues, financial commitments, and obligations to project future revenues & expenses or to provide advice & report the outcome as part of monthly MIS.

Overview

13
13
years of professional experience
2
2
Languages

Work History

General Manager Accounts and Operation, Pack Cylinder Division (BSE / NSE Listed Co.) (Management Auditor)

Confidence Petroleum India Limited
05.2013 - Current
  • Managing accounts and operation of Pack Cylinder Division of company worth INR 1800 crore turnover; leading team of 50+ person
  • Governing all over internal audit of division
  • Planning and executing monthly / quarterly / annual closure schedules; providing monthly financial statements; administering the monthly closing process
  • Preparing and explaining daily working capital; establishing product line profit & loss statements to identify opportunities and risks
  • Preparing monthly profitability of division and budget cash flow
  • Liaising with all the departments of division marketing, plant operation, procurement for cash flow management and smooth functioning
  • Engaged in monthly preparation, consolidation and presentation of profitability statement to management of all division of company
  • Creating well-designed budget and financial models to measure and evaluate the financial success of the organization
  • Determining financial objectives, designing & implementing systems, policies & procedures for facilitating internal financial gains/ control
  • Preparing annual budget and forecasting trends; developing reports for top management summarizing the business financial position in areas of income, expenses, capital usage and cash flows, and assisting in preparation of strategic plans, budgets and financial forecast
  • Setting up various guidelines for smooth functioning of all functional area
  • Implemented cost reductions through the elimination of wasteful expenses, improvement in process efficiencies and formal budgeting practices saving INR 10 Lakh per month
  • Collaborated with the senior management team in executing strategies and processes, accomplishing corporate goals and profitability for the division having an annual revenue of INR 1800 Crores with more than 2000 employees within 60 locations
  • Integrated the inventory tracking system with Lighthouse software which lessened average inventory carrying cost
  • Established and implemented internal control disciplines throughout the region to maintain integrity and accuracy of financial reports
  • Established ERP based automated control for all Receipts, payment, all purchases, daily MIS,
  • Working in automaton of various process like DO making, inventory movement, daily, monthly and weekly MIS
  • Managed 60 Plus Plant Operation Inventory (LPG and Cylinder) along with monitoring their timely completion of audit thereby saving in Plant Operation Cost along with Logistic Cost
  • Handled the accounts of CNG Cylinder Manufacturing plant which had started its commercial production in July 2022
  • Handled Due Diligence, Active involvement in foreign investor funding
  • Handled GST audit, GST Raids and other Statutory compliances
  • Managed budget implementations, employee reviews, training, schedules, and contract negotiations.
  • Formulated policies and procedures to streamline operations.
  • Implemented effective cost-saving measures to reduce overhead expenses without compromising quality or service.
  • Implemented robust inventory management systems to optimize stock levels and minimize costs associated with excess product storage.

Internal Auditor

Patalganga Minerals Private Limited
01.2013 - 06.2015
  • Monthly Internal Audit of company having 9 warehouses across India; filing of VAT, Service Tax, GST and Income Tax return; Statutory and VAT Audit

Internal Auditor

Rajendra Bansal Group, (Modigold)Automotive
08.2013 - 05.2015
  • Role/Role: Monthly Finalization of Books of Accounts; Reconciliation of Books of VAT, Income Tax Records With Return; Excise Records Management

Internal Auditor

Javery Incorporation(Wholesale And Retail Outlet For Electronic Goods)
02.2013 - 05.2015
  • Role: Accounting

Education

Chartered Accountant -

ICAI
04.2001 -

Skills

  • Financial Planning & Analysis
  • Management Reporting & Decision Support
  • Finance Controllership
  • Working Capital & Cash Flow Management
  • Automation of Accounts
  • Budgeting & Financial Forecasting
  • Cost Control & Efficiencies
  • Financial Management
  • Financial Modelling and Valuation
  • Stakeholder Engagements
  • Communicator & Presentation
  • Motivator & Analytical
  • Problem-solving
  • Negotiation
  • Team Building & Leadership
  • Light House ERP
  • TALLY
  • Accounting Module of SAP (During Articleship)

Accomplishments

  • Got an opportunity, to ask question to Honorable Mr. A. P. J. Abdul Kalam, Former President of India, on the occasion of children’s day celebration in the year 2003 at Nagpur.
  • Actively involved in the programmes of MaheshwariYuvaSangathan, Nagpur

Career Timeline

  • Feb'13-May'15
  • Aug'13-May'15
  • Jan'13-Jun'15
  • May'13 till date

Previous Companies

  • Vinod Gandhi & Co., Nagpur
  • Purshottamlal Bajaj, Nagpur
  • Lodha & Co., Mumbai. (Former member firm of BDO International & Ranked Amongst Top 7 firms in India by CMIE)
  • Role:
  • Statutory Audits of listed as well as private companies
  • Internal Audits
  • Tax Audits of Companies & Individuals
  • Limited Reviews
  • General Accounting & Certification Work

Articleships

  • Major Clients Managed:
  • Bennett Coleman & Company Limited (Publisher of The Times of India)
  • Times Global Broadcasting Limited (Times Now & ET Now)
  • Zoom Entertainment Network Limited (Zoom TV & Movies Now)
  • Indian Oil & Tanking Limited. (Joint venture of India Oil and Oil Tanking)
  • Kumar Builder Consortium Limited (Renowned Builders of Pune)
  • Eurotex Industries & Exports Limited (Listed Company)
  • RMC Limited (Listed Company)
  • GTN Industries Limited (Listed Company)
  • Amines & Plasticizers Limited (Listed Company)
  • Schrader India Private Limited (SEZ Unit, Gandhidham & Bangalore)
  • J K Ansell Limited (Raymond’s Industries JV Company)
  • Polyplex Technologies Limited (Listed Company)

Other Assignments

  • Concurrent Audit of UCO Bank – Jalgaon and Bank Of India – Nagpur (Shankar Nagar)
  • Jan’12 –Dec’12 – Vinod Gandhi & CO.)
  • Statutory Audit, Tax Audit And Certification Work In S N Malu Group Nagpur
  • Income Tax Return, VAT Return And Other Work Of Individual Clients
  • Private Company Incorporation
  • Assisted and advised clients for account maintenance and Book Keeping
  • Various Certification Work of other Clients

Timeline

Internal Auditor

Rajendra Bansal Group, (Modigold)Automotive
08.2013 - 05.2015

General Manager Accounts and Operation, Pack Cylinder Division (BSE / NSE Listed Co.) (Management Auditor)

Confidence Petroleum India Limited
05.2013 - Current

Internal Auditor

Javery Incorporation(Wholesale And Retail Outlet For Electronic Goods)
02.2013 - 05.2015

Internal Auditor

Patalganga Minerals Private Limited
01.2013 - 06.2015

Chartered Accountant -

ICAI
04.2001 -
Akhil RathiChartered Accountant