Asish sahu

to till now having 8 + years of rich experience in Finance, accounts, costing, tally, SAP environment.
Roles and responsibility

•Responsible for knowing critical functions within the department and capable of mentoring and assisting employees (3 nos) within the department.
•Responsible for knowing critical functions within the department and capable of mentoring and assisting employees (8 nos) within the department.
•Review, investigate, and correct errors and inconsistencies in financial entries, documents & reports.
•Prepares monthly financial statements and other reports to summarize and interpret current and budgeted company financial position
•Forecast and manage cash flows and treasury and make recommendations for managing working capital.
•Assist the Group Finance Manager to prepare work papers and supporting schedules for the quarter financial review & presentation before BOD in Quarterly Board meetings.
•Prepare and lead the annual budgeting process and ensure robust financial controls are in place and report on any variances.
•Prepare Analysis report of Budgeted vs actual cost variance which includes information like incurred cost, committed cost, balance cost, analysis and comments & areas of expected cost overruns with comparison of budget for all on-going projects (approx. 15 projects ) for the review of Management.
•Identifying areas for cost cutting and improvement.
•Continuously analyse the financial reports and information to assess the past, present and impending financial status of organization.
•Liaison with bank for credit facility, bank guarantees, LC etc.
•Coordination with subsidiary & group of companies for intercompany transaction.
•Audit coordination with internal & statutory auditors.
•Focal point for all divisions for financial issues/matters.
•preparation of post finance request and loan roll over request for working capital management.


•Preparation of Projected Income Statement & Balance Sheet, Cash Flow Statement to avail cash credit and Term loan benefit from various banks
•Preparation MIS report for Management like Budget, Actual achievement, business plan, sales details, variance analysis and reporting to Management.
•Analysis of project and find out the profitability form the same

Preparation of monthly rolling forecast of all the projects and submitting to Management.
Monitoring and preparation of budgets and comparing them with actual revenues related to project.
Comparison and analysis of rolling forecast with actual and report of variance.
Conducting variance analysis to determine variation between Standard price and actual price/revenue of each product and reporting for corrective action.
Comparison of CBD (Cost break down) as quotation for each product.
Gross Profit report preparation and analysis by project, by parts with sales price and comparison with last month.
Tool Amortization report checking the amount effect in variance GL after month end.
Hands of experience of import & exportation process and documentation
Profitability analysis of project and product with compare to last month and demand.
Checking of Routing, BOM (bill of material) and operational scrap for each product and reporting the variance between STD and Actual, purchase price variation analysis
SKF Maintaining In SAP for month end process for cost center and activity type.
Preparation of Hourly rate analysis report, value add report, purchase report, sales report, Quota management report.
MIS report for site Director, Project manger, Finance manager on regular basis.
Month End Activity like Stastical Key Factor Maintaining In SAP for month end process for cost center and activity type.

Roles and responsibility

•Responsible for Tamilnadu & Andrapradesh in terms of finalizing of stockiest and handling quarries in regards of commercial activity .i.e. credit note, new schemes lunch, discount structure etc.
•Accounts Receivable follows up with sales team and customers on regularly and achieving the targets of collection.
•Processing of stockiest claims, incentives & discount as per schemes announced.
•Accounts Payable follow up with HO and Vendors
•Individual stockiest account-payment reconciliation & clearing
•Pivotal in introducing the MIS report for Head Office.
•Finalizing of branch accounting as well as preparation of budget on monthly basis.
•Preparation billing cycle with reference to stock availably from Factory to customer point with out any damages as well as with stipulated time period.
•Actively participate with insurance claim and ensure the claim should lock with in short period
•Preparation of Bank Reconciliation Statements and reconciling Cash & Bank balances, involving active coordination with bank authorities and handling CMS accounts.
•Collecting Balance Confirmation from customer and vendors on quarterly basis
•Collection of “C” forms, “F” form on quarterly basis from respective customer.
•Coordination with warehouse/Factory for dispatch and availability of materials.
•Preparation of MIS Report for VP, BM, sales team on regular basis for planning of new target as well as analyzing with old target.
•Scrutiny and validating for all the Expenses of sales team.
• Liaison with Auditor on periodical basis

(formally known as GEA Energy system India ltd.) in (Power project division) as accountant .

Roles and Responsibility

•Good understanding about preparing budget and report using SAP FI-CO module.
•Preparation of Bank Reconciliation Statements and reconciling Cash & Bank balances, involving active coordination with bank authorities and doing BRS in SAP every month.
•Generating financial performance/ MIS reports for purpose of submission to top management for strategic decision making.
•Preparing periodical cash flow statements for monitoring the flow of working capital/ cash.
•Formulating budgets, conducting variance analysis to determine variation between projected figures & actual income / expenditure and taking corrective action.

•Keen analyst with good negotiation & relationship management skills and abilities in liaising with banks, financial institutions, regulatory authorities & other agencies for Bank guarantee, letter of credit for day-to-day activity.
Attainments:

Successfully executed construction of power plant i.e. 1X500 (M.W) power projects for APGENCO (Andhra Pradesh power Generation Corporation) at Vijawada cost of the project was 587 cr