Offering Over 10 Years Experience in Financial Operations, Fund Management, Accounting
Key Skills
Accounts & Finance
Taxation
Fund Management
Accounts Payable/Receivable
RM Planning
Costing & Variance Analysis
Internal Audit and Control
MIS & Reporting
Process Improvement
/ “Enterprising leader who has effectively contributed to enhancing organisational processes through initiatives geared towards lowering risk, heightening productivity & improving internal financial controls”
Profile Summary
- Offering over 10 years’ experience in Financial Operations, Fund Management, Accounting System, Budgeting & Variance Analysis,New Processes/Cost Savings, Financial Instruments & Internal Control
- Developed and implemented a more integrated reporting process to improve financial performance, controls and ensure the delivery of financial requirements
- Effectively aided the senior management in developing business strategies for several projects through a strategic financial analysis
- Exhibited excellence in monitoring the issuance of all types of Letters of Credit, APG, PEB, REB, TB and Guarantee Cheque; possess sound knowledge in obtaining Overdrafts, Cash Credits, Term Loans & Bank Guarantees by preparing CMA Data, Cash & Fund Flow Projections, Agreements & Affidavits.
- Skilled People Manager directing productive cross-functional teams using interactive and motivational leadership that spurs people to willingly give 100% effort
- Steered processes transformation by reengineering existing process & introducing new processwhich resulted in significant saving in overall cost
Career Timeline
Education
/
- Chartered Accountancy from ICAI, India in 2011
- Company Secretary from ICSI, India in 2007
- M.Com. from Calcutta University in 2005
- B.Com. Honors (Accounting) from Umesh Chandra College, Calcutta University in 2002
Work Experience / Agrawal Subodh & Co., with Mr. Subodh Kumar Agrawal, Former President of ICAI asInternal Audit Manager
Achievements:
- Played a key role in conducting IFC of Balasore Alloys Ltd. in a team of 2 CAs and 4 Articled Clerk and was appreciated by Statutory Auditor & MD for outstanding performance
- Independently completed complex internal audit assignment for HR and Finance & Accounts Department of Khadim India Limited, with a team of 2 persons
- Independently handled internal audit assignment of Amul (India) for Kolkata location with a team of 5 persons.
- Independently handled internal audit assignment of Himadri Chemicals with a team of 6 persons.
Achievements:
- Ensured checking & verification of invoices, Cash vouchers, Bank vouchers, JVs, Purchase Vouchers and other related documents
- Led effective preparation of daily BRS, checking and approval of sales invoices, Ledger scrutiny, Fund Planning & Management, checking & approval of PARand daily preparation of DFR
- Supervised dailyoperations of the AR & AP section with focus on ensuring efficient processing (payment allocation, reconciliation and month-end reporting) of company receivables & payables through Focusand timely collection & payments in accordance to policies
- Initiated online payment procedures for overseas Vendors by means of TT transfersand led preparation & issue of online Import LC through HSBC Bank to ensure timely payments as per the agreed credit period
- Managed tasks including payment of Letters of Credit (L/Cs), Advance Payment Guarantees (APG), PEB, REB, TB, Cheque Guarantees and maintenance of Registers for the same
- Actively participated in the preparation of the annual budget for sales, CC and non-CC limits, cash flow planning for 3 months including the relevant month and cash flow for the new upcoming project
- Worked in close coordination with Auditors to resolve the queries and complete Annual Audit
Since June’17-Oct’17
Sep’16-May’17
Team Size: 7 members including Accountant and Sales Executives
May’14– Aug’16
Team Size: 4 members including Accountants and Officers / Graphic System LDA, Angola as Finance Manager-Luanda Plant
Achievements:
- Managed the funds inflow and outflow in collaboration with the GM and improved deployment of large surplus funds with increased returns
- Developed and implemented policies, procedures & guidelines concerning the department’s financial planning and accounting process
- Led the account finalization for the Company for Fiscal Law and Management and prepared all accounting activities & financial statements
- Worked in close collaboration with the Financial Consultant to prepare the Financial Statement in Portuguese Languagefor Fiscal Law
- Successfully finalized Official Balance Sheet of 2012, 2013, 2014 & 2015 and Management Balance Sheet of 2013, 2014 & 2015.
- Established and setup company systems & procedures to enhance the operating system of the company for increasing efficiency and control
Apr’13–Mar’14
Team Size: 12 members including Accounts Manager, Executives, Production Managers and Officers / Hindustan Composites Limited, Nagpur as Sr. Manager-Commercial (Commercial Head at Bhandara Plant)
Achievements:
- Initiated a cost savings worth INR 35K per month by conceptualizing the concept of producing Hydrogen Gas by means of Ammonia Cracker instead of purchasing Hydrogen gas from outside
- Introduced the process of daily commercial reporting to highlight the consumption of all kinds of raw materials, fuel, electricity and daily rejections and overtime
- Designed and contributed new business ideas such as Commercial Excom in the form of monthly MIS
- Engaged in RM planning on every 2nd, 10th, 20th of the monthto ensure continuous production process and avoid scarcity of RM
- Supervised all commercial negotiations for the purchasing of the products, hence saving INR 15-20 Thousand
- Deftlysupervised production process, dispatches, sale of scrap and local purchasing by dealing with the party
- Chalked out the Monthly Performance Review Report containing analysis of key areas contributing towards either profit or loss
Jun’11–Apr’13
Team Size: 6 members including Accounts Manager, Executives and Officers
Jan’08–May’11 / Arcon Project Pvt. Ltd., Patna as Sr. Manager Finance-Head of Department
Achievements:
- Introduced and instituted the MIS system across the organization.
- Initiated cost savings worth INR 6 Lakhs by highlighting & tracking false billing of subcontractor; appreciated by the Managing Director and presented with the authority to sign the settlement of party’s accounts
- Received Appreciation from the Management for exhibiting the excellent cost saving performance
- Liable for project wise monthly P/L & B/S to ascertain net Profit & Loss, and provided assistance in strategic management decisions
- Established consistent and appropriate business practices with various banks for procurement of funds like Bank Overdraft, Cash Credit and Bank Guarantee, including preparation of CMA Data and various documents as per bank’s requirements
- Successfully enhanced the CC limit from existing SBI and approval for CC limit from Canara Bank & Andhra Bank
- Architected the entire blueprint and implemented the company vision to setup the Company Secretarial Department; received appreciation from Director for the same
Premco Rail Engineers Limited, Kolkata as Manager-Accounts & Asst. CS
- Agrawal Subodh & Co. under Mr. Subodh Kumar Agrawal, The FormerPresident of ICAI of India (3 Years)
- Training on Exemption granted towards Management Training (13 Months)
Technical Skills
Personal Details /
- Operating System:Window 2007 & 2010, MS Word & MS PowerPoint and Advanced MS Excel 2010
- Focus, ERP - Microsoft, ERP –SAP&Ginesys
- Tally ERP, Fact, Ace and I Pro
- Date of Birth: 28th February 1981
- Languages Known: English, Hindi, Bengali and Portuguese
- Address: 493/C/A, GT Road (South), Vivek Vihar, Phase – 1, Block – D, Flat No. 304, 3rd Floor, Howrah – 711102