Abhinav كارناني

 Preparing and updating Business Plan and Cashflows.
 Quarterly and Annually reporting of Financials to HO in India.
 Establishing Accounting and Inventory processes in SAP.

 Guiding Accounts and Finance processes across the group companies in Vietnam, Myanmar, Philippines, Hong Kong and India.
 Completion of accounts and audit of last 2 years of Hong Kong HO.
 Assisting in Bank loan and company formation processes.

? Reviewing Country’s business performance and profitability through Monthly MIS and BRM.
? Heading Finance and other commercial activities.
? Approaching Banks for Financing purpose Via Bill Discounting, LC, Loan, etc.
? Prepared Budget for the FY 2023-24.
 Preparing Financial statement and Comparative analysis.
 Supervising Logistic team in Import, Export, Custom services etc

 Preparing cost reports and variance analysis against budgets for projects completed via Microsoft Dynamics.
 Monitoring newly implemented Cost control system.
 Conducted Physical verification of inventory and adjustment of variances found therein for the year ending 2020 and 2021.

 Preparing cost reports and variance analysis against budgets for projects completed via Microsoft Dynamics.
 To liaise with Design, Planning, Supply Chain, Production and Quality control team in closing the production orders.
 Support the Material issuance and Time-Booking process to enable on-budget project delivery, and cost analysis.
 Checking that Purchase Requisitions are consistent with correct network activity.
 Participated in 2021 yearly budget making.
 Conducted 2020 yearly Physical verification of inventory and adjustment of variances found therein.
 Approving Sales quotation/ Cost of production before Production starts.
 Inventory ageing and reconciliation reports
 Review of monthly Budget vs Actual Department expenses.
 Helping in Accounts payable and Accounts Receivable areas.

 Reporting of monthly business performance to Senior Management through MIS.
 Monitoring EBITDA of the circle.
 Supervise Accounts department & Commercial activities
 Supervising Funds to be generated for various ongoing projects and the settlement of funds so distributed.
 Compliance of transactions with GST.

•Preparing monthly P/L and cash flow Budget and comparing it with Actual, to identify the reason for differences from department concerned and to assist in determining the action plan.
•To supervise in raising funds from HO and application of the same for the purposes funds so raised and to determine the period within which the same can be paid back with appropriate interest rate.
•Reporting of monthly business performance to Senior Management.
•To liaise with auditors - statutory and internal audit, Bankers and Taxation Authorities.
•Supervising in preparation of Annual Financial Statements and get it audited within the deadline provided by HO.
•To coordinate with legal consultants in getting secretarial work done.
•Handling of local (Philippines) tax assessment.
•To coordinate with legal consultants in getting secretarial work done.
•Negotiating with suppliers on cost terms etc. with project team.
•To do profit planning, determining GP margin to achieve required NP.
•Ensure completeness of accounting at all times with monthly books closing with all accruals in Oracle.
•Ensure of all Statutory liabilities accounting, payment and filing of returns on time

Key Responsibilities:
•Tracking of Revenue recognition, Debtors via Oracle.
•WIP scrutiny as per WIP policy.
•Analysis of Idle & Excess Manpower & purchases.
•To do pre-audit of vendor payment vis-a-vis confirmation from project team.
•Analysis of Pending Purchase Requisitions and Pending Purchase Orders.
•To ensure revenue has been properly recognized after receiving WCC from customers.
•Procurement audit i.e. Purchase procedure audit, rates comparison, supplier selection etc.
•Project site visit to authenticate the expenses incurred.
•BRS & Ledger Scrutiny, Project wise profit & loss scrutiny, analysis of Trial balance via Oracle.
•Audit of the Employee Paysheet, pre-audit of Salary payment & F&F Audit.
•Statutory Liabilities and Compliance audit.
•Preparing & Issuing Monthly Audit report covering areas relating to Finance & Taxation, Operations, Administration & Human Resource

Reviewing the costing part.
Project site, Factory and Warehouse visit to authenticate the expenses incurred.
To ensure that the correct accounting entries & treatment is given to various items of P/L A/c

 In Emami Ltd’s Kolkata Head Office:
 Ledger scrutiny via SAP.
 Incentives to be given to various dealers as per Company norms.
 Publicity Audit i.e. determining whether the advertisements for various products are in line with the seasonal demand for the same and whether the supplies for the same is made at correct time.
 Analysis of the control of HR release procedures.
 Analysis of procurement part & vendor management while conducting CPD audit.

 In Zandu Realty Ltd’s Mumbai Head Office:
 Took part in the preparation of Financial Statement for the year ended 2009-10.
 Helped in the Due Deligence process during the takeover of The Zandu Pharmaceuticals Works Ltd by Emami Ltd.

 In Various units & Depots like that of:
 Performed Physical verification of Raw material, Packing Material, Finished Goods & Fixed Assets
 Analysis of under & over insurance of stocks & assets.
 Analysis of advance to suppliers & employees for various purposes
 Checking of BRS, various type of Factory Licenses and employees documents as a part of HR Audit.
 Compliance audit i.e. verification of status of compliance with various statutes vis. Income tax, Sales Tax, Service Tax, Excise, PF, ESI, etc
 To check whether Preventive maintenance of machinery has been done on timely basis and to highlight Machine online rejection and machine breakdown report.
 Analysis of Idle & Excess purchase, Pending Purchase Requisitions and Pending Purchase Orders via SAP
 Review of CWIP balance & ensure timely capitalization of assets
 To assure whether the assets are properly tagged and recorded in asset book and are properly insured.
 Analysis of Slow/Non moving Stock i.e. Raw Materials, Packing Materials, Perfume & Finished Goods via SAP.
 Analysis of Trial balance of the units and monthly MIS prepared by the unit.
 Review of various accounts such as GoodsReceipt/InvoiceReceipt account, Accounts Payable, Receivables etc.