Amjath Basha

Experienced Finance Professional with 15 years of expertise in financial management, cost control, and strategic budgeting across diverse industries (Textile Manufacturing, Hospitality & Facility Management)

Experienced Finance Professional with 15 years of expertise in financial management, cost control, and strategic budgeting across diverse industries (Textile Manufacturing, Hospitality & Facility Management).

PROFESSIONALEXPERIENCE

Financial Management

• Financial Planning and Budgeting: Develop and manage annual budgets, forecasts, and long term financial strategies (Capital Budgeting) aligned with business goals.
• Financial Reporting and Analysis: Prepare timely and accurate financial statements P&L, Balance Sheet, Variance Analysis, Cash Flow, Fund Flow statements, Ratio Analysis and interpret financial results for decision-making
• Accounting Oversight: Supervise day-to-day accounting operations, ensuring accuracy in general ledger, bank reconciliation, accounts payable/receivable, payroll and month end closing.
• Accounts Receivable: Factoring Receipts, Track and follow up on outstanding receivables from customers, reducing DSO (Days Sales Outstanding), handle customer complaints Work closely with the sales and to manage account health.
• Accounts Payable and Procurement : Manager Vendor Payments as per TAT. Prepare and monitor monthly procurement budgets, conducted variance analysis against actual spend to identify cost-saving opportunities.
• Working Capital Management: Improved short-term financial planning to maintain optimal working capital levels. Optimized working capital by improving receivables collection and inventory turnover.
• Audit Management: Coordinate with internal and external auditors, manage audit schedules, and ensure proper implementation of audit recommendations
• Costing : Cost Centre wise expenses allocation, ABC analysis, material consumption variances, standard costing, transfer pricing, product wise profitability, making bill of materials for development product, review loss making product and cycle time variance analysis.
• Inventory : Stock valuation, Review & Focus on Aged & Slow / Non Moving Inventory.
• Fixed Asset Management : Accounting Monthly Depreciation and maintain fixed asset register.
• Taxation and Compliance: Ensure compliance with India tax laws (GSTR1, GSTR2B & GSTR3B. TDS, Income Tax deductions as per law.
• Team Leadership and Collaboration: Led and train finance team, collaborate with cross functional departments, and support strategic business initiatives. Coordinated with sales, operations, and procurement teams to align budgets and forecasts

WORK EXPERIENCE

Company : WhiteHouse–(Textile Manufacturing Industry)

Designation : Manager Finance

Period : Since Feb 2023

Company : UpdaterServices Limited– (Facility Management Services)

Designation : Assistant Manager Finance and Account

Period : Dec-2021 to Dec 2022

Company :Citadines OMRApartHotels Pvt. Ltd. (Singapore based Leading Apart Hotel)

Designation : Finance Executive

Period : May-2016 to Dec-2021

Company :TajClubHouse(Taj Group of Hotels and Resorts and Palaces)

Designation: Team Member-2011, Team Leader Period : June-2011 to April- 2016 from 2012 to 2015 &                               Accounts Officer C 2016.

Period : June-2011 to April- 2016

M.Com (Manurai Kamarajar Univercity)