Dhiraj Umredkar

Area of Expertise:

• Administration, Management, Finance/Accounting, Procurement
• Communications, Media, Knowledge Management, Editor
• Fundraising, Business Development, Grants Writer
• Government, Governance, Reforms
• Trade, Finance, Economics, Cooperation, Global

Professional Experience:

Financial Accounting
- Preparing and maintaining statutory books of accounts, reconciliation statements & consolidated reports in compliance with time norms.
- Co-ordinating in preparation of Financial Statements including Trial Balance, Profit & Loss A/c and Balance Sheet.

Budgeting & MIS
- Formulating budgets to determine difference between projected & actual results and implementing corrective actions.
- Preparing MIS reports to monitor movement of key business indicators and apprise top management of the financial performance.
- For Uran Plant, Annual budget for 4 years prepared

Treasury and forex Management (ONGC Videsh Limited)
- Managing the inflow and outflow of multi-currency remittances
- Arrangement of funds for day to day remittances
- Implementation of e-solution (online payment system- NEFT /RTGS for vendor payments.
- Online Trading of foreign exchange on Reuters system for inward as well as outward remittances

Fund raising:
- Raising of funds through commercial papers, issuing long term and short term bonds.
- Arrangement of funds for day to day activities in consultation with corporate treasury.

Secretary: to
- Joint Operating Committee (JOC) - Chairman – ONGC
- Downstream Operating Company (DOC) – Chairman - ONGC
- Joint coordination Committee (JCC) – Chairman – Sudan Government
- Joint Management Committee (JMC) for pipeline operation - Chairman – Sudan Government.

Sales:
- Working in SAP SD Module for raising the invoices of VAP – LPG, C2C3 and Naphtha.
- Processing online payments of VAT / CST, Excise duty / GST other statutory payments as part of sales
- Maintenance of CENVAT Register.

Payroll Management:
- Working in SAP HR module for Managing Payroll Processing function involving verification of pay and allowances and also filing of PF, TDS and other statutory returns.
- Developing and maintaining documentation and controls for all payroll related activities and procedures; serving as the contact for all payroll related issues.

Auditing
- Coordinating with internal & statutory auditors for conducting audits.
- Evaluating internal control systems to highlight shortcomings & implementing control measures.

Project:
- Project accounting to the tune of 200 to 1400 Crores
- Formulation of Bid Evaluation /criteria (BEC)
- Techno-economic analysis

System Implementation
- Member of Implementation team of the SAP FICO and HR-Payroll module 2004
- Implementation of the SAP HR- Foreign Payroll in 2007.
- Implementation of e-solution for online payment system in OVL in 2008
- Implementation of online forex booking through Routers system in 2009
- Working Knowledge of SAP FI, CO, Budget, Treasury and Sales module.
- Managing the implementation and functioning of ERP-SAP (FICO) and HR System