Senior Accountant
Avivo Group
Total years of experience :11 years, 6 Months
MIS and Accounts/ Audit
• Consolidation and preparation of MIS along with SOFP and cash flow at group level and analysing the same.
• Preparation and consolidating daily MIS.
• Reviewing of accounts on regular basis and solving the discrepancies faced by the accountants.
• Assisted in preparation of forecast and budget.
• Handling Audit for the group.
Analytics
• Prepared analytical sheet at the group level and analysed various head of the accounts.
• Analysis of cash flow and working capital changes at the group level and finding out the major entities which needs to be analysed further. Detailed analysis of cash flow for major entities which has high impact on the cash flow of group.
Others
• Preparation of forecasted cash flow on weekly basis.
• Prepared, gathered and presented various reports required by the external parties.
• Lead the team in stock count on quarterly basis and then prepared the reconciliation of the same with the accounts and adjusted the same in the books after discussions with respective entity people for the discrepancies found in the stock count.
• Reviewing payroll of the whole group and submission of the same with the bank. Implemented changes in the payroll process, where lack on internal control was identified in the process.
• Verification of payments made to the vendors, creditors etc, and reviewing whether all requirements are fulfilled.
• Preparation of detailed variance analysis for movement in each and every caption of the financials between two reporting periods for presentation.
• Preparation of Bank Reconciliations & cash flow to review the cash position.
• Preparation of ratios and analysis of the same.
• Conducting, handling and finalisation of statutory audit, Limited Reviews and tax audit of Private Limited Company’s & trusts.
• Conducting and handling Limited Review.
• Compilation and analysis of financial information for budgeting and management representation.
• Verifying all accounts is reconciled and updated.
• Inventory control and Stock taking.
• Preparation of Statutory Audit Report, Limited Review Report & Tax Audit Report.
• Assessing the tax liability and Preparing & Auditing of form 3CD and issuing of tax audit report under 3CB.
• Auditing of Internal Financial Controls (IFC) and whether they were effective throughout the year. Also made suggestions to the management to overcome any failure in the IFC during auditing.
• Preparation of Certificates as required by clients for submission to legal authorities.
Accounts & Finance
• Preparation and finalization of the half-yearly balance sheet and Year-end closing of accounts, cash flow statements along with the consolidation of accounts.
• Preparation of Monthly Profit and Loss Statement along with Bank reconciliation as required by the management.
• Preparation of cash flow to review the cash position and forecast funds required to honor the financial commitments.
• Setting up the budget and analysis of the variances.
• Preparation of analytical report and submitting it to the management.
• Accounting of various entities, closure of books of accounts and calculating relevant ratios.
• Overall monitoring of complete accounting function like receivables, payables, salaries, payments etc.
• Debtor reconciliations, bank reconciliations, TDS reconciliations, VAT reconciliations and service tax reconciliation on regular basis.
• Preparation of report, at the year end, for an internally generated Intangible asset for the purpose of management and accounting of the same in books of accounts.
• Preparing and verifying prepaid expenses, depreciation, fixed asset schedule and stock taking.
• Preparation of various fixed asset registers.
• Preparation of variance report and CAPEX Report for decision making.
• Payroll assignment.
Audit
• Conducted, Coordinated, handled and monitored Statutory audits of Private Limited Companies, Co-Operative Societies, Trusts, Companies registered u/s 25 of The Companies Act, 1956 and Individuals.
• Prepared detailed report on audit findings, made recommendations to improve Individual and Corporate accounting including management functions.
• Bank audit of Indian Overseas Bank.
Others
• Drafting of Various Legal documents such as Trust deed, Partnership Agreement & Company Incorporation documents.
• Analysis of commercial contracts, capital investment and expected return with the risk involved, forecasting profit on the basis of competitive pricing.
• Analysis of agreement with vendors and to check whether payments were released after deliverable has been received and in accordance with the agreement.
• Prepared CMA reports for various entities.
• Conducted, coordinated, handled, prepared and filed regular Income Tax Returns for Proprietary Concerns, Partnership Firms and Companies.
• Preparing replies for Scrutiny Assessment, Transfer Pricing Assessment, Appeals before CIT(A), Appeals before ITAT and follow up with Income Tax Department for the various corporate entities.
• Preparation of Foreign remittance certificates in Form 15CA/15CB.
• Prepared and filed forms for Incorporation of Companies and LLP.
Completed my Chartered Accountancy in November 2015.
Completed bachelor's degree from University of Mumbai in 2013.