Asst. Accounts Officer
Sami Construction and Steel Products Private Limited
Total years of experience :15 years, 9 Months
1. Perform accounting work of entity as per the Law & Rule of Income Tax Act u/s 44AB Tax Audit under Mercantile System of accounting with keep eyes simultaneously compliance of Accounting Standard and INDAS as well as Financial Reporting Framework.
2. Preparation of Trial Balance, Profit and Loss Statement and Balance Sheet with Cash Flow and Fund Flow Statement and simultaneously follow the Company Act 2013 and its Rule made there under.
3. Monitoring of compliance with undertakings, Accounting Standard and compliance requirements of existing debt facilities and make provision for future liability.
4. Periodic reporting to management of budget, actual, Standard and forecast gross and net debt and interest expense or income as cost of Capital or funding.
5. Assist the team in execution, including documentation management and security arrangements, of new bank facilities, Financial Institution and debt instruments.
6. Carry execution process when executing of (pre)payments relating to existing debt facilities with best negotiation.
7. Manage the relationship with banks, NBFC and financial institutions on corporate and project funding arrangements.
8. Monitor Banking transaction of entity Vendor wise and make the Statement on weekly basis to reconcile with bank, and at the end prepare Bank Reconciliation Statement, and monitoring the Realization of LC time to time and reconcile the same.
9. Prepare Fixed Asset Statement and Examine Stock Register at the end of year to calculate the Depreciation on fixed asset so as to reach out them at their Book Value.
10. Consolidation of Financial Statement to look out over all Profitability of the Group.
11. Maintain the transaction Register of Sales and Purchase as Per Value Added Tax Act, and consolidate the sales whether wholesale and retail.
12. Maintain the transaction register of sale to figure out the amount of Excise levied on Cost of removal.
13. Scrutinized the Compliance of Direct and Indirect Tax Law along with the provision of Company Act, VAT Act and Excise Rules.
14. Evaluate the feasibility of new proposal and changes made in unit as Capital expenditure.
15. Perform Management Accounting and Variance Calculation to figure out the variance between the budget, standard and actual.
16. Budget preparation and maintain the record of throughput Accounting and target Costing.
17. File the returns of TDS, VAT and Excise Duty in respect of taxation.
As an Auditor, my duties is to conduct and perform internal, external and stautory audit of client Books of Accounts to check the Accuracy, Reasonableness, Reliability, adaptability with confidentiality and simultaneously check the Accounting pattern adopt by client and verify Bank Reconciliation and helps in budgeting and Variance Analysis. Prepare audit reports and financial statement as per Federal Law and filter out related party transactions and prepare bank reconciliation and scrutinized the final accounts.
o Perform Internal Control Audit of organization and different entity.
o Perform and Conduct internal Control Audit of “Large and Huge Educational Institution, Hospitals, Trusts, Association, Scheme of Madhya Pradesh State Government and Service Class Industry, Manufacturing entity, Real Estate Concern and Traders in Private Sector” independently and taking necessary action to obtained reasonable assurance in respect of Financial Statement and Final Account on Quarterly and Monthly basis.
o Perform Concurrent and internal audit of Nationalized, Private and Scheduled Bank of India on monthly basis and prepare the report accordingly.
o Preparation of Internal Control Audit Report as per nature of Client Business.
o Perform Statutory audit of Schedule and Nationalized Bank every year at the end of Financial Years where audit perform and make examination of whole year transaction to look the Loans and Advances, Rate of Interest Charged, Bank Charged and every Transaction with preparation of report According.
o Perform Tax Audit of Private Sector as well as Government Sector every year at the end of financial year in which elimination of contra entry and every transaction has to be observed and compute the profitability of entity and calculate the tax thereon after deducted all necessary deduction as per Income Tax Act.
o Perform VAT audit under the VAT Law where sales and Purchase are to observe.
o Preparation of Project Report as per Nature of Business of entity and make budget for them.
o Handle the Audit, financial management and taxation works of organizations whether direct or indirect with legal formalities.
o Perform Internal Control Audit of organization and different entity.
o Perform and Conduct internal Control Audit of “Large and Huge Educational Institution, Hospitals, Trusts, Association, Scheme of Madhya Pradesh State Government and Service Class Industry, Manufacturing entity, Real Estate Concern and Traders in Private Sector” independently and taking necessary action to obtained reasonable assurance in respect of Financial Statement and Final Account on Quarterly and Monthly basis.
o Perform Concurrent and internal audit of Nationalized, Private and Scheduled Bank of India on monthly basis and prepare the report accordingly.
o Preparation of Internal Control Audit Report as per nature of Client Business.
o Perform Statutory audit of Schedule and Nationalized Bank every year at the end of Financial Years where audit perform and make examination of whole year transaction to look the Loans and Advances, Rate of Interest Charged, Bank Charged and every Transaction with preparation of report According.
o Perform Tax Audit of Private Sector as well as Government Sector every year at the end of financial year in which elimination of contra entry and every transaction has to be observed and compute the profitability of entity and calculate the tax thereon after deducted all necessary deduction as per Income Tax Act.
o Perform VAT audit under the VAT Law where sales and Purchase are to observe.
o Preparation of Project Report as per Nature of Business of entity and make budget for them.
o Handle the Audit, financial management and taxation works of organizations whether direct or indirect with legal formalities.
I am Commerce Graduate in major Accountancy and Finance. This course is design by Indira Gandhi National University exclusively for Chartered Accountant student under the Memorandum of Understanding signed between Institute of Chartered Accountants of India and Indira Gandhi National Open University
I am Chartered Accountant Intermediate and Final Pursuing having great Experience and exposure in the field of Finance audit and account in Chartered Accountant firm as well as manufacturing entity.
I have passed Higher Secondary standard in the field of Mathematics and Science.
