Sandeep Sahoo
Solon,OH
Summary
To identify commercial opportunities with existing clients as well as exploring new clients for credit in term of working capital requirement , term loans and loan syndications, corporate advisory services like debt restructuring, rehabilitation of sick industries, mergers and acquisitionsetc. Understanding the requirements of the customer needs and discussing & coordinating with the team so as to prepare project reports and other required documentations to be presented to the banks Interaction with bankers so as to facilitate funds for theclients Driven Payroll Specialist offering a career spent preparing journal entries and assisting with data auditing. Highly proficient in ADP payroll processing. Responsible employee known for solving problems and building interdepartmental relationships. Focused Payroll Specialist known for handling job tasks with poise. Highly trained in all aspects of payroll and considered dedicated team player. Looking to take on a new role with a company where attention to detail and all types of personalities will be appreciated.
Overview
19
19
years of professional experience
Work History
Payroll Specialist and Accounts General
The Ritz-Carlton Hotel Company
Cleveland, OH
11.2023 - Current
- To identify commercial opportunities with existing clients as well as exploring new clients for credit in term of working capital requirement , term loans and loan syndications, corporate advisory services like debt restructuring, rehabilitation of sick industries, mergers and acquisitionsetc
- Understanding the requirements of the customer needs and discussing & coordinating with the team so as to prepare project reports and other required documentations to be presented to the banks
- Interaction with bankers so as to facilitate funds for theclients.
- Analyzed financial data and projections to develop comprehensive financial plans for clients.
- Processed payroll for over 500 employees bi-weekly, ensuring accuracy of pay and deductions.
- Created and maintained employee records, including new hires, terminations, salary changes, and tax withholding forms.
- Reconciled monthly benefit statements from vendors to ensure accuracy of information in the payroll system.
- Reviewed timesheets for accuracy and completeness prior to processing payroll.
- Assisted with auditing processes related to payroll.
- Researched discrepancies in payroll data and provided corrective action when needed.
- Prepared quarterly reports for government agencies such as 941s, W-2s, 1099s.
- Performed manual calculations for retroactive pay adjustments or special payments as required.
- Maintained up-to-date knowledge of relevant laws and regulations regarding wage and hour compliance.
- Developed and implemented procedures to ensure accurate entry of payroll data into the system.
- Analyzed trends in labor costs to identify areas where cost savings could be achieved.
- Coordinated with Human Resources staff on employee leaves of absence or termination paperwork.
- Generated reports detailing hours worked by department, location, employee type as requested by management.
- Reviewed timecards at month end to ensure accuracy before approving payment.
- Responded promptly to requests from external auditors during audits.
- Managed multiple tasks simultaneously while meeting deadlines consistently.
- Developed and maintained relationships with key accounts to ensure customer satisfaction.
- Created comprehensive reports on account performance and presented them to senior management.
- Managed multiple accounts simultaneously while meeting deadlines.
- Resolved customer complaints in a timely manner.
- Developed strategies to increase revenue from existing accounts.
- Monitored industry trends and made recommendations for changes in strategy accordingly.
- Prepared monthly financial statements for each account.
- De-escalated customer interactions by providing alternative solutions to issues.
- Managed a portfolio of XX key accounts, ensuring high levels of customer satisfaction and retention.
- Resolved client issues and complaints in a timely and effective manner, ensuring client satisfaction.
- Generated monthly reports detailing outstanding credit balances and payments received.
- Monitored aging reports for delinquent accounts and contacted customers as needed.
- Investigated fraudulent activities related to customer accounts and reported findings.
SENIOR FINANCIAL PLANNER
Lotusmint Weath Advisors Pvt Ltd
India
01.2020 - 08.2023
- Successfully managed the portfolio of 159 High-end individual and corporate clients with AUM of $47million taking care of their banking, loans and investment needs
- Oversaw business development across all banking products to sustain and achieve growth in relationship value, revenues & improve client stickiness
- Formulated outbound and inbound sales plan to acquire new HNI customers for increasing customer base of the portfolio
- Conducted risk profiling of all mapped clients for better advisory on investment needs & regularly contacted with them through weekly/monthly calls, ensuring regular availability of research material & input to them.
Imperia Relationship Manager
HDFC Bank
India
04.2016 - 01.2017
- Identify customerneeds and providethem with right financial planning assistance and asset allocation with the help of ourInvestment Advisory services and manage portfolio worth $15 million
- Build and deepen relationships with existing HNI Customers to achieve increase in share of wallet
- Acquire New Clientsfor the firm and also develop new territories
- Cross Sell other products likes term insurance, health insurance
- Manage the mortgage channel for achieving targets in home Loan , Loan against property
- Investor Education Programin corporate like NALCO, TCS, IMFA, NTPC, etc
- Train and groom new recruiters as relationship manager
- Recruit new recruits for the organization.
Regional Credit Manager
ICICI BANK
Pune, India
12.2012 - 08.2014
- Successfully managed the portfolio of 135 High-endindividual and corporate clients with AUM of $28million taking care of their banking, loans and investment needs
- Oversaw business development across all banking products to sustain and achieve growth in relationship value, revenues & improve client stickiness
- Formulated outbound and inbound sales plan to acquire new HNI customers for increasing customer base of the portfolio
- Conducted risk profiling of all mapped clients for better advisory on investment needs & regularly contacted with them through weekly/monthly calls, ensuring regular availability of research material & input to them.
Wealth Manager
ICICI BANK
Pune, India
04.2012 - 11.2012
Regional Collection Manager, Cards
ICICI BANK
Pune, India
06.2005 - 03.2012
- Managed portfolio for credit cards of the bank of size $15.66 million for Pune and Nagpur with a team of 6 Managers and a multiple number of vendors
- Earlier managed portfolio of Gujarat markets including Ahmedabad, Baroda & Surat with a team of 15 Managers
- Optimized profitability of the Cards portfolio through the design, implementation and monitoring of effective risk strategies and policies across origination and account management activities
- Continuously reviewed and streamlined credit processes and made recommendations for enhancements.
Education
Masters in Business Adminstration -
ICFAI University
01.2005
Bachelor of Elec & Instr -
NIST, Berhampur University
01.2001
Skills
- Financial Planning
- Retail Banking
- Sales
- Payroll policies and procedures
- Garnishment processing
- New employee processing
- Payroll Administration
- Policy Adherence
- Payroll Auditing
- Forecasting
- Accounts Payable
- Audit Support
- Report Preparation
- Proficient in ADP, Oracle
- Accounts Receivable
- Financial reports
- Payroll Processing
Languages
- English
- Hindi
Timeline
Payroll Specialist and Accounts General
The Ritz-Carlton Hotel Company
11.2023 - Current
SENIOR FINANCIAL PLANNER
Lotusmint Weath Advisors Pvt Ltd
01.2020 - 08.2023
Imperia Relationship Manager
HDFC Bank
04.2016 - 01.2017
Regional Credit Manager
ICICI BANK
12.2012 - 08.2014
Wealth Manager
ICICI BANK
04.2012 - 11.2012
Regional Collection Manager, Cards
ICICI BANK
06.2005 - 03.2012
Masters in Business Adminstration -
ICFAI University
Bachelor of Elec & Instr -
NIST, Berhampur University