Amit Saxena

Apr’2019 to present associated with Rajneesh Srivastava and Company a Chartered Accountant Audit Firm who provides the services of Tax Audit, Bank Audit, GST, TDS and ITR etc. in the Lucknow, India

Job Responsibility:

April’2019 - to Present
As a Manager

Accounts & Auditing
 Monitoring books of accounts of various clients in our office and client’s offices in compliance with time & accuracy norms
 Review monthly Bank, General Ledger reconciliation and accruals of expenses
 Review quarterly Vendor and Customer reconciliation
 Tax Audit u/s 44AB of the various clients whose books of account not maintained by us.

Taxation

Goods and Services Tax (GST)
 Review GST registration form of the clients before submission on the GST portal.
 Filing of GST 3B and GSTR-1 Return after reconciliation/matching with 2A of various clients
 Filing of Annual return of GST of various clients

Income Tax Return (ITR)
 Filing of various ITR forms that is ITR-1, 2, 3, 4, 6 and 7 of various clients
 Review and reply of queries of Income Tax Department

Tax Deducted at Sources (TDS)
 Filing of Quarterly TDS return (Form of 24Q (For Salary) and 26Q (Other than Salary) of various clients
 Review and reply of queries related to TDS

08th April’2018 - to 23rd March’2019
As a Financial Analyst
 Preparation of monthly financial statement of BIC
 Processing of monthly payroll of BIC and clients through WPS system on HSBC website
 Filing of VAT returns of BIC and other clients i.e. Epson, Beck Interiors, Mace Holdings, IDI Saudi Arabia, IDI Ireland, Wolter Kluwers, UK and Monster (Saudi)
 Monthly financial accounting of Mace Holdings, F5 and Wolter Kluwers, UK
 Monthly invoice preparation of clients
 Review monthly Bank, General Ledger reconciliation and accruals of expenses
 Review quarterly Vendor and Customer reconciliation
 Ensure an accurate and timely monthly and year end closing
 Respond to the queries of management regarding financial results
 Co-ordinate with external auditor for annual audit finalization

Since 18th Jan’17 - to Present
As a Financial Analyst


 Prepare monthly Financial statements and Cash budget
 Preparation of Financial Budget and their monthly Variance analysis
 Ensure an accurate and timely monthly and year end closing
 Ensure authority matrix is implemented and followed diligently
 Manage the segregation of duties within the ERP, ensure proper internal controls are in place
 Co-ordinate with bank related to short-term loans, LC and LG
 Co-ordinate with internal and external auditor for annual audit finalization
 Handle day to day accounting role e.g. AR, AP, GL and Fixed Assets
 Review and approve payment vouchers and journal entries
 Review monthly Bank, General Ledger, accruals and provision of expenses and related party (Inter-company) reconciliation
 Review quarterly Vendor and Customer reconciliation

June’15 to present with NAQEL Express (a Joint venture with Saudi Post), Riyadh, Saudi Arabia


Job Responsibility:

Since Jun’15 - to Present
As a Chief Accountant

 Preparation of monthly Financial statement
 Preparation of Financial Budget and their monthly Variance analysis
 Preparation of monthly Cash Budget
 Reviewing monthly bank, related party and G.L reconciliation
 Review quarterly Vendor and Customer reconciliation
 Supervising annual Cycle inventory along with Fixed assets items
Co-ordinate with Internal and External Auditor for their requirements

Nov’08 to Mar’15 with Alessa Industries Company (a Group of Companies), Riyadh, Saudi Arabia


Job Responsibility:

Since Apr’13 - Mar’15
As a Financial Analyst

 Preparation of Master & Sub Budget and their monthly Variance analysis
 Preparation of Cash Budget
 Preparation of Financial statement and Cash flow Statement and variance analysis
 Ratio analysis
 Assisting in Capital Investment decision by calculating NPV, IRR, Payback period and Discounted payback period
 Co-ordinate with Internal Auditor and External Auditor for their requirements


Nov’11 - Mar’13
Accounts Payable as a Senior Accountant

 Process GRN after matching vendor invoices with purchase orders/purchase order requisitions
 Prepare vendor (foreign) wise estimated landed cost for next year based on current year actual landed cost expenses.
 Provide copies of all original Bayans and copies of foreign vendors’ invoices to purchase dept. to get back money against Custom duty deposit
 Reconcile all vendor statements, make corrections of discrepancies and reply to vendor inquiries
 Reconcile Custom (Jamrook) department statement with our Bayan reports periodically
 Monitor vendor aging to ensure payments are up to date
 Maintain file all invoices and other applicable supporting documentation i.e. purchase orders, purchase order requisitions, GRN & Axapta generated purchase invoice
 Produce monthly reports i.e. aging report for vendors, Advance payments reports and total payments every month (currency wise) whether local and foreign and the comparative report with previous month.

Mar’09 - Oct’11
Accounts Receivable as an Accountant

 Ensure correct coding of all customer invoices and payments in the ERP system
 Resolves collections by examining customer payment plans, payment history, credit line; coordinating and contact with Collection department
 Quarterly calculating company salesperson & dealer salesperson commission
 Reconcile customer statements, correct discrepancies and respond to customer inquiries
 Review and process credit notes
 Summarizes receivables by maintaining invoice accounts; coordinating monthly transfer to accounts receivable account; verifying totals and preparing report
 Produce monthly Reports related to Customers’ Profitability Index, review Customer aging reports for timely collection and receivable reconciliation with general ledger & subsidiary ledger

Nov’08 - Feb’09
Fixed Assets as an Accountant

 Monitoring a system of controls, procedures, and forms for the recordation of fixed assets
 Recording fixed asset acquisitions and dispositions in the accounting system
 Assigning tag numbers to fixed assets
 Reconciling the balance in the fixed asset subsidiary ledger to the summary level account in the GL
 Recording monthly depreciation for all fixed assets
 Investigating the potential obsolescence of fixed assets
 Conducting periodic impairment reviews for intangible assets
 Conducting periodic physical inventory counts of fixed assets
 Tracking company expenditures for fixed assets in comparison to the capital budget and management authorizations
 Producing monthly reports for fixed assets movement report
 Participate in annual physical count of FA