NIKHIL DEVARE
Finance Analyst
OBJECTIVE
Accomplished and Highly motivated Associate seeking to utilize
my skills for the betterment of the next team I join. Committed to
driving continuous improvements for finance operations through
the Identification and implementation of process enhancement
opportunities
+91-9823224070
Work Experience
nikhildevare2000@[Link]
09/2024 [Link]
[Link] –
Finance Analyst
in/nikhil-devre P r e s e n t • Day-to-Day Bookkeeping - Record daily financial transactions in the
Mumbai, India accounting system Process accounts payable and accounts receivable,
including invoicing and payments, Maintain the general ledger and
ensure all accounts are accurate and up-to-date.
• Bank Reconciliations-Perform regular bank and credit card
Education reconciliations to ensure accurate records, Investigate and resolve
discrepancies between bank statements and financial records.
Symbiosis Centerfor Distance • GST Reporting- Prepare and lodge Business Activity Statements (BAS)
Learning | Mumbai and ensure compliance with GST laws(GSTR1, GSTR2-2A, GSTR3B,
Post Graduate Diploma,Banking & Financial GSTR9),Reconcile GST accounts and ensure proper filing of tax returns.
Services • Payroll Processing- Process payroll(India and UK), including
06/2023
superannuation and employee entitlements, ensuring compliance with
University of Mumbai Global and Domestic payroll regulations, Maintain employee records for
Bachelor of commerce 11/2020 payroll purposes and handle queries related to payslip’s or tax
Compliance and issues.
• Month-End and Year-End Close-Assist with the preparation of month-
end and year-end financial reports. ensure all financial data is accurate
TECHNICAL SKILLS & and complete for reporting periods.
• Accounts Receivable & Payable-Track outstanding invoices and follow
CERTIFICATIONS up on overdue payments, Process supplier payments and manage
Certification of SAP Fico-ECC accounts payable aging reports, Reconcile supplier statements and
6.00 FI Module(Business User) maintain vendor records.
Shrestha InfoTech |Bangalore • Support for Tax Preparation-Provide necessary documentation and
oAsset Accounting support to accountants for tax filings, including income tax and Quarterly
oAccounts Payable/ P2P
TDS Reporting(192, 194C, 194l, 194A, 195)
oGeneral Ledger / R2R
oAccounts Receivable / O2C • Financial Reporting- Generate periodic financial reports such as profit
oIntegration skill between FI-SD, CO- SD, FI- and loss statements, balance sheets, and cash flow statements, Assist in
MM, FI-PS, CO-PS preparing budget forecasts and monitor variances.
• Compliance and Documentation-Maintain accurate and organized
APAC Investment Banking documentation to comply with Australian tax laws and accounting
Virtual Reality Intern standards, Ensure records are audit-ready and comply with legal and
08/2021 – 08/2021 regulatory requirements.
Prepare a one-pagecompany profile,
Select the appropriate comparable
companies, calculate relevant
financial metrics, Summarize key
findings in an email
08/2021 Tata consultancy Services(TCS)
Tally ERP9/prime
– Process Associate
02/2021 – 07/2021
09/2024 (Financial Associate)
Review financial statements.
Configure financial data and Project – Nielsen Group
documents in the ERP system • Prepare monthly,quarterly, and annual financial reports, to provide
Maintains database by entering,
insights into the company's financial performance.
verifying, and backing up data and
documents in the ERP/prime system. • Supports assign regions, business units, and functions as a dedicated
banking subject matter expert
Business correspondent / • Supports banking partner relationships, including responding to
Business facilitator
inquiries timely
01/2020– 03/2020 • Responds to customer inquiries timely and effectively utilizing
BusinessAnalysis with experience in
preferred service now tools and reporting
forecasting & budgeting, process/
statistical analysis, Prepare presentations. • Leverages performance management tools and reporting to track
Understanding the kyc norms, service and progress and consolidate operational results
product offered by the banks, Primary and • Escalates areas of operational risk and opportunities making specific
secondary market, SEBI roles and
recommendations on resolutions and Identifies & Assists with the
responsibilities, IRDA functions & operations.
implementation of process improvements
Microsoft Power Bi • Performs, updates and maintains existing access and reports from
Certification various banking systems
TechCanvas • Supports compliance and assisting with control improvements
"Certified in Microsoft Power BI,
Support internal and external audit processes by providingrequested
demonstrating proficiency in data
visualization, business analytics, and documentation and explanations. Handle special projects as
creating interactive dashboards. Skilled in requested; provides ad-hoc reports to senior management
transforming raw data into actionable
insights, performing advanced data
(Payroll Specialist)
modeling, and utilizing Power BI tools for
data-driven decision-making. Proficient in Project – Nielsen Group
connecting to various data sources, • Tools – SAP Software, Success Factors, MS office, Outlook,MS Teams.
creating reports, and sharing insights with • Maintain Process Improvement with payroll information by collecting,
stakeholders."
calculating and entering data.
• Validation of payroll Data, changes in exemption Insurance
ACHIVEMENTS Coverage, Savings, Deduction and Tax policies.
Continuous Feedback Star • Processed end-to end Payroll for 2500+ employees.
Certificate • Prepare Audit reports by compiling summaries of earning, taxes,
12/2022 deduction, leave and non-Taxable wages etc. on Biweekly and
Awarded by Performance management Monthly basis.
team-TCS, for dedication and contribution in • Understanding of KiwiSaver/Superannuation Legislation, Bonus
continuous Feedback on client query related tax obligations, Fringe Benefit.
• Periodically investigate Payroll discrepancies with minimal
SKILLS assistance. correlate with team leads to resolve complex errors.
Financial Analysis • Calculate separation payouts, including lump sum leave payouts
Management Accounting and contributions to deferred compensation plans.
Problem Solving skills • Payments on HSBC banking Official website (Validation of DME pull
SAP FI Module from SAP).
SAP Success Factors • Processed Biweekly and monthly pay run for multiple entities of
Client Query Handling(Global) Australia and New Zealand & India.
AP & AR
Variance Analysis
Accounting & Finance
Tax Compliance 01/2021 Sahyog Enterprises, Amul Union
– Billing Executive
Language 07/2021 Tools – SAP Software| MS Office | Outlook
Marathi •Handle Crew for Dispatch Activities, Create Sales Order.
Hindi •Managed and updated spreadsheets, ensuring that bills were
English submitted in a timely manner.
• Organized various financialdocuments, such as purchase ordersand
invoices; performed bookkeeping work.
•Calculated creditterms, discounts, and shipment charges;conducted
monthly reports.
