Avinash Trivedi

Background

About Avinash Trivedi

I am an accomplished Finance operational professional delivering year-on-year success in managing R2R, P2P processes; managing vendor relations; supervising the timely, accurate processing of invoices, purchase orders, expense reports, credit memos and payment transactions. I’ve mastered the administration of managing insurance policies (PAR, MBD, Money, Motor Vehicle, Fidelity, CPM) and claims follow-up through insurance advisor. My dexterity lies in maintaining adherence to corporate, accounting and GAAP standards; addressing escalated Accounts Payable issues raised by employees and vendors; ensuring accurate and compliant files and records in line with company policies and government regulations. Demonstrated excellence in supervising all aspects of end-to-end finance & accounting related activity, including Financial reporting and working capital management, treasury related function. Over the time, I have proved my excellence in heading entire operations, including vendor data base and approval, monthly closure and SLA management. Track record in Annual financial budgeting and capital budgeting (financial feasibility study), Buy Vs renting analysis and recommending to management for their approval. •Timely reporting Monthly & Quarterly Financial Statements ( Income Statement, Balance Sheet and Cash Flow Statement along with detailed variance analysis) •Outstandingly orchestrated IFRS 16 lease related accounting and schedule, ECL calculation as per IFRS 9 •Completed more than 20 feasibility study (Capital budgeting) for residential properties, Cold Stores, Dry and Ambient Warehouses, Labour Accommodations. •Built Rent vs buy analysis for Generator, Heavy equipment •Minimized the maintenance annual cost by 10% by signing long-term contracts with best negotiated rates with business partner. •Ensured always 97% above occupancy is maintained by keeping co-ordination with Leasing team and timely escalation to management for rental price correction •Participated and overviewed negotiation process for each project with target of 20% project cost reduction by evaluating dry cost of projects and value engineering with Project team •Participated in development of new policy and guidelines for Fixed Assets Accounting and Control, Leasing Policies, Inventory policies. •Successfully implemented the Automation of account reconciliation processes, reconciled over 100 vendors/subcontractors accounts, and saved QAR approx. 1 Mn with Final Settlement negotiation. •Implemented quarterly approval process for rental price review and approval to avoid opportunity loss