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Madhusudhan R. Karwa
C/o. Sheetal Marolia, ‘E’ Wing, Flat No. G-12, New Swapnalok CHS, Ganesh Galli, Opp NKGSB Bank,
Navghar Road, Bhayandar (E) Dist: Thane
Mobile: +91 7738386540 / 9325055050
Email: madhusudhankarwa@gmail.com madhu_karwa@yahoo.com,
Career Objective:
 To associate with organization that provides an opportunity to seek a challenging and performance oriented
career, chance to be a part of dynamic team that work with its skills for the growth of organization. Bright
future prospects in terms of career, personal development along with the scope for growth with new
learning’s.
Experience Summary:
TOTAL Experience: 15 Years in commercial and Accounts Receivables
 Working with OTIS Elevator Co. (India) Ltd, Mumbai from June 2006 till date with current designation as
Asst. Manager Finance
 Worked with Reliance Infocomm Ltd, Kolhapur as a Commercial Executive for 2.5 Years.
 Worked with Shiv Enterprises, Pune {C&F J. K. Tyres} as an Commercial Executive in OEM Division for 6
Months
 Worked with Kisan Services, Kolhapur {C&F J. K. Tyres} as Commercial Officer & Computer Operator for 3
Years
Educational Qualification:
MBA - 2011-2013 - Sikkim Manipal University with A+ Grade (75.16%)
G.D.C & A Maharashtra State Board in May 2002 with B Grade
B.com - 1998-2000 - Vivekanand College, Shivaji University, Kolhapur with B Grade
Professional Experience:
OTIS Elevator Co. (India) Ltd, Mumbai (June 2006 – till date)
Company Profile:
Otis Elevator Company is the world’s leading manufacturer, installer and maintainer of elevators, escalators and
moving walkways-a constant, reliable name for more than 150 years with HQ in Farmington and Otis India HQ at
Mumbai. Otis offers product and services in more than 200 countries and maintains 1.8 million elevators and
escalators worldwide.
Roles & Responsibilities:
Accounts Receivables (August 2007 - till date):
 Handling New Sales and Mod Billing
 Agent commission processing for Sales and Service
 Analyze Advances and Credits (Weekly and Monthly)
 Weekly and Monthly Asset Review with regions
 MIS reporting
 Preparing annual schedules
 Verification of customer signed documents / orders for processing monthly billing inputs
 Customer refund processing
 Monthly provision of expenses
 Reconciliation of Commission account (contract wise)
 VAT Reconciliation (GL to VAT Register)
 Singly handling few AR functional entries getting process from HO

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Accounts Payable (June 2006 - July 2007):
 Checking and Processing Vendor and Sub-contractors Payment
 Processing Expense Reports of Employees
 Monitoring Cash Flow
 MIS reporting
 Prepared Monthly Vendor Advances listing
 Scrutinize Employee Advances and submit detail report (Expense Head Wise)
 Monthly Bank Reconciliation (Payment released at local level)
 Vendor master Maintenance in system
Achievement:
 Promoted and transferred from Area Office to Regional Office (Chennai to Bangalore)
 Transferred from Regional Office to Head Office (Bangalore to Mumbai)
 Thrice rewarded as Employee of the Month
 Received SUPERSTAR AWARD for Service Excellence in 2015
 Implemented new process for Agent Commission Processing for Service Segment (AMC)
 Implemented new online system for job closures (CNote-HNote)
 Implemented new process for Agent Commission Processing for NE / MOD Segment (New Sales and
Modernisation)
 Implemented Online Agent Commission System for processing T-Order Segment
 Lead team member in designing new invoice format and setup for NE / MOD
 Implementing online document control system – Booking to Billing
Work Profile:
Reliance Infocomm Ltd. Kolhapur – Dec 2003 – Jun 2006
Roles & Responsibilities:
 Vendor payment processing in SAP after complete scrutinizing of bills
 Keeping track and controlling of payment cycle
 Bank Reconciliation
 Vendor Reconciliation
 Cash Reconciliation
 Termination, Migration and Customer refund processing
 Handled Inter Usage Connectivity (IUC) for South Maharashtra
 Back office support to Customer Care team in all aspects
 Co-ordination with sales team for market growth and good business results
 Handled Admin activities
 MIS Reporting
 Develop, Maintain and review processes to ensure smoothen work flow
 Cash Management (Imprest)
Achievement:
 Handled Dual responsibility of Zonal and Circle Office
 Successfully carried out with physical verification, handover take over process of Ware House.

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Work Profile:
Shiv Enterprises Pune {C & F J.K.Tyres} – Jun 2003 – Nov 2003
Roles & Responsibilities:
Work Profile:
Kisan Services Kolhapur {C & F J.K.Tyres} – Jun 2000 – May 2003
 Billing for Dealers
 Bank Reconciliation
 Cash Reconciliation
 Customer Reconciliation
 Banking Activity : Processing PIS in system & PDC Control
 Keeping track of Imprest A/c
 Managed Inventory
 Logistics
 Looking after MSRTC South Maharashtra Divisions in respect of all activities
 Handled all Govt activities of south Maharashtra
 Daily and Monthly reporting
Achievement:
 Promoted from Asst. Commercial to Commercial Incharge
 Sole responsible for MSRTC & Govt A/c.
Computer Proficiency:
Well conversed with-
 Microsoft applications viz. MS Excel, MS Word
 Worked on SAP and JD Edwards (End User)
Other Activities & Interests:
 Travelling / Trekking
 Listening to Music
 Sports - Playing Cricket
Personal Strengths:
 Looks forward to new challenges.
 Adept in adapting myself to new work environment.
 Incessant zeal to learn new concepts and techniques.
 In charge for Handling OEM activity
 Maintaining supply schedule of OE
 Managed Inventory
 Keeping track of Collections
 Coordinating with factory for supply schedule of OE
 Analyze Process flow for better output
 Daily and Monthly reporting
 Excise Billing
Roles & Responsibilities:

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Personal Skills:
 Good communication & interpersonal skills.
 Ability to deal with people & work in groups.
 Good Listening skills
Personal Dossier:
Date of Birth: 06th October 1979
Languages Known: Hindi, English, Marathi, Marwadi.