Assistant Manager-Internal Compliance
Aasa Group of Companies (Affiliate of Emaar Industries & Investments Pvt JSC)
Total years of experience :15 years, 5 Months
AREAS OF WORK
• Heading Procurement Department
• Monitoring the Activities of Procurement Department
• Building Relationship with Suppliers and Subcontractors
• Comparative Statements
• Preparing Justification Reports on New purchase of Assets
• Supplier Credit Analysis- Prolonging the period of Credit
• MIS Reporting of Purchase Orders and Delivery Tracking and Payment Follow up with Accounts Department
• Strategic Analysis of Existing Facilities for Management
• Cash Budgeting, forecasting and analysis
• Reconciliation of Statements and Ledgers
• Monitoring Accounting
Major Achievements in Some of the Assignments
• Successfully arranged Scaffolding Material for the Company at best rates and contributing towards the profitability of the Project and Division
• Streamlined the Procurement Process of the Company
• Successfully analyze the Different Scenario of the Facilities for the Company
• Successfully got the refund from the Supplier against advance payment
AREAS OF WORK
Accounting
• Heading Accounts, Finance Department
• Managing Treasury & Finance
• Finalisation of Accounts
Project Monitoring and Timely payments to
• Preparing Fund Utilization statement
• Monitoring proper Project Accounting
• Monitoring payment to contractors and suppliers
MIS Reporting:
• Preparing Monthly Sales with charts in Excel.
• Preparing Daily Cash flow and fund flow position
• Preparing Outstanding Debtors and Creditors reports
• Cash flow Analysis and Gap Analysis in the working capital
AREAS OF WORK
Accounting
• Heading Accounts, Finance Department
• Managing Treasury & Finance
• Finalisation of Accounts
Finance:
• Preparation of budgets, monitoring and reporting with Actual.
• Preparation of Drawing Power Statement for working capital management.
• Monitoring the trade limits/ Banking Facilities
• Preparation and submission of Import Documents for advance, direct and bank reference payments
• Preparation and submission of documents for opening Letter of credit
• Preparation and submission of Bank Realisation Certificate application for exports proceeds.
• Preparation of documents for Payment through Buyers Credit and after cessation of period, settlement of Buyers credit
• Preparation of Packing Credit Loan in foreign currency
• Foreign Bills Discouting and Factoring Facility
Project Monitoring:
• Preparing Fund Utilization statement
• Monitoring proper Project Accounting
• Monitoring payment to contractors and suppliers
MIS Reporting:
• Preparing Monthly Sales and Purchase Report with charts in Excel.
• Preparing Daily Cash flow and fund flow position
• Preparing Outstanding Debtors and Creditors reports
Taxation (Direct and Indirect):
• Calculating Advance Tax of the company
• Calculating TDS, and ensuring timely payment of the same
• Calculating Service tax and ensuring timely payment and filling service tax return
• Calculating VAT and filling monthly returns
Major Achievements in Some of the Assignments
• In current Company, streamline finance, by arranging finance and taking disbursement from banks and Financial Institutions.
• Successfully Arranged finance through packing credit facilities, by discounting foreign bills and factoring facilities
• Negotiated with bank for the interest rates and bank charges for import payment
• Successfully waived off the RTGS/NEFT charges from the bankers
Statutory Audit, Finalization and Tax Audit u/s 44AB
I had an exposure to statutory audit, Finalization and Tax Audit of:
Manufacturing Concerns
Construction Companies and Partnership Firms
Hospital
Proprietorship Concerns
Internal Audit
Mall Audit :
I had an exposure to work as a team member of ‘Mall Pre-Auditors’ in Vadodara as well as Ahmedabad for a considerable period
of time. During this time I learned different areas of Internal Audit in depth.
In addition to above, I was a part of the team in the internal audits mainly focusing on: Stores and Material
Handling Department
Purchase Cycle
Sales Cycle
Client Base for Internal Audits allotted to our team mainly consisted of Pharmaceutical and other Manufacturing concerns.
Consultancy and Other Areas
In addition of above, I also gained knowledge in following areas during the articleship tenure:
Preparation of CMAs for expansion of well established companies in Manufacturing.
Preparation of Minutes book, agenda of Board of Directors meetings and notice of Extra ordinary general meeting, consent letter of directors.
Online filing of forms of various Companies and Limited Liability Partnership with Ministry of Corporate Affairs
Audit of Fixed Asset
Stock Audit
courses: Further also have completed seventy five (75) hours of intensive and interactive classroom training which covers the entire syllabus of Diploma in IFRS awarded by the ACCA UK through KPMG India Pvt Ltd.
courses: Further also have completed seventy five (75) hours of intensive and interactive classroom training which covers the entire syllabus of Diploma in IFRS awarded by the ACCA UK through KPMG India Pvt Ltd.
