TRUPAL KALATHIYA

• Developed strong understanding of trade finance instruments and their pitfalls.
• Managed all aspects of letter of credit (L/Cs), Including bank negotiations and document processing.
• Utilized hedging instruments for transactions with foreign exchange FX exposure.
• Managed daily commodity positions (long/short), emphasizing accuracy in reporting.
• Identify and mitigate operational risks associated with trading activities
• Forecasted and managed cash flow for companies across multiple territory.
• Ensured timely submission of management reports with insights into financial performance.
• Oversaw accounts receivables and payables, accounting and books closing procedures.
• Established internal controls and SOPs for logistics, enhancing operational efficiency.

KEY ACHIVEMENTS:

• Reduced stock variance by 89% (from 0.15% to 0.017%), resulted annual savings of $30K
• Negotiated cost reductions of $100K with transporters and freight forwarders.
• Reduced bank charges of export handling by 40%.

• Managed accurately and timely day-to-day accounting activities.
• Executed month end closings, ensuring timely and accurate financial statements
• Prepared budgets and conducted monthly-YTD forecast P&L analysis, detailing variances from the budget
• Managed CAPEX forecasts and funding requirements, to support fund mobilization.
• Reviewed and accounted for inter-company shared cost allocations and reconciliation
• Liaised with auditors to facilitate comprehensive audits of the books of accounts
• Prepared and filed VAT computations in accordance with Federal Tax Law.

• Led Bank audits for (Co-operative and Nationalized banks) as well as statutory audits, ensuring compliance with regulatory standards and accurate financial reporting
• Identified improper methodologies used by banks to reduce NPAs provisions of INR 5 Cr.
• Prepared and filed income tax and VAT returns, ensuring accuracy to tax regulations
• Conducted tax audits, comprehensive analysis and reporting to meet statutory requirements.