Nitin Kabra

 Statutory & Strategic Reporting
• Preparation of Consolidated Financial Statements annually and monthly as per IFRS for various subsidiaries in
Economic Zones World
• Providing Carve-out financials related with various projects for business related purposes
• Preparing and presenting monthly financial reports to senior management, highlighting key financial metrics,
variances, and trends deep diving into operational side
• Preparing and filing VAT returns in accordance with UAE VAT laws
• Managed ESR compliance and filing of ESR notifications and reports for various entities
• Prepared Transfer pricing documentation in line with OECD guidelines and UAE-specific regulations
 Month End closing activities
• Providing full-fledged Financial statements with notes to accounts along with commentaries for variances
• Analyzing monthly operating expenses, ensuring proper allocation to cost centers and identifying any unusual
variances
• Monitored and allocated shared service costs, ensuring fair distribution across business units
• Performing Inter-company reconciliations and ensuring all inter-company balances are eliminated in consolidated
financial statements
• Performing Bank reconciliations and ensuring there are minimal variances with justification
• Providing and generating various reports at each month end such as AR ageing, capital commitments, AP ageing,
FAR, PDC listing, deferred revenue listing, customer advances listing, accruals reports etc.
• Reviewing Trial balance of various entities and ensuring clearing account to be Nil
• Calculating and Posting accruals and prepayments entries to reflect accurate revenue and expenses
• Keeping Updated and reconciled fixed asset registers, ensuring accurate depreciation calculations and the proper
recording of asset additions, disposals, and transfers
• Assessing and recording provisions for liabilities, bad debts, and inventory obsolescence as part of the Half yearly
and if required monthly true-up
• Passing necessary adjustment entries at month-end along with proper record maintenance
• Conducting VAT reconciliations matching with Trial balance
 Reviewing Contracts and Agreements
 Accounts Payable routine activities
• Process invoices and payments accurately and ensuring timely payments
• Ensuring proper documentation and approval for all payments
• Maintaining vendor relationships and resolve reconciliations, if any
 Fixed Assets Management routine activities
• Track and manage company Fixed assets
• Ensure compliance with company policies and procedures regarding Fixed assets
 VAT compliance routine activities
• Prepare and file VAT returns in accordance with UAE regulations
• Maintaining accurate records for VAT reporting and audits
• Stay updated with changes in VAT laws and regulations
 Accounts receivable routing activities
• Managing customer invoicing and follow up on collections
• Reconciling the accounts receivables ledgers and resolving disputes
 Oracle Fusion System Implementation and checking
• Prepared full Chart of accounts and mapping of existing old system codes with new codes
• Checking and verifying ledger balances while migration into new system
• Performing test transactions to match with existing requirements

Supervising Statutory Audit & Internal Audit
Preparation of Year End Company Accounts (Consolidated and Standalone)
Preparation of MIS on Operational COC, Ex-Works price Sheets, Overheads Statements & Month-End reports
Forming of Company SOP’s (Finance, Commercial, Sales) under ISO 9001 & 14001
Reviewing Pricing Sheet Order Wise, Customer Dispatches
Handling Bank Positions, Liquidity planning, Facility Utilizations, Fund Utilizations arrangements
Supervising AR, AP, Vendor Payments
Performing Inter-Company Reconciliations, Maintaining Chart of Accounts, Batch-Wise Cost Analysis
Reconciliation of Cost and Financial Accounts
Performing LC Opening Functions and Dispatch Processes
Handling Customer Accounts, Credit Control and all AR related Matters
Handling Claims, Invoicing review and outstanding items
Handling Filing of Monthly VAT Returns and Compliances
Supervising, Checking Export Documentations
System Testing and Implementation via. Black box approach

 Statutory Reporting
• Preparation of Annual and Quarterly Consolidated and Standalone Financial Statement
• Preparation and Filing of monthly VAT returns
• Preparation and Filing of Online compliance reports of ESR, UBO and CBCR
• Forming and maintaining Companys SOPs under ISO 9001 & 14001 w.r.t. Finance, Commercial & Sales
 Management Reporting
• Dash-Board and Analytical Reporting on KPIs using advanced tools like Power BI
• Analysis of Line-wise Profitability and Batch-Wise Costing
• MIS preparation on Conversion Costs, Ex-Works Price Sheet, Overheads Statements and Month-End Reports
• Reporting on Investment Accounts and Cash Flow Forecast
• Analyzing the variances from Budgets with Actuals along with commentary
 Month End Closing Activities
• Monthly Preparation of Balance Sheet, P&L, Cash Flows
• Reconciliation of Banks, Inter-company, Cost and Financial Accounts
• Fixed Asset register & Capitalization
 Operations - Supervising & Controlling
• Maintaining Chart of Accounts and Trial Balance
• Pricing Sheet Order wise Approval
• Customer Dispatches planning, Inventory Control
• AR Follow ups, AP Follow ups, Vendor Payment activities
• Credit Control, Credit Insurance
• PO Approvals and assignment of Expense codes to Item codes
 Banking Operations
• Handling Bank Positions, Fund Arrangements, and Liquidity Planning
• Performing LC Opening, Trade finance functions
• Checking and submitting Export LC Documents
• Facility Renewals and Term Loan sanctions

Single Point of Contact for:
1. Dashboard and MIS reporting to the Management relating to Daily Cash reconciliation reports, Student reconciliation, Ageing Overdue reports of Receivables and Payables, etc. (Branch wise)
2. Month ending Provisioning and Activities including providing Month ending Balance sheet, Profit/Loss statements, Bank reconciliation, Inventory reconciliation, Data entry (Branch wise)
3. Regular Information relating to Fund Flows Forecast and regular check on Inventories.
4. Responsibility of complete ERP Setup of the Entity compliant to IFRS and VAT standards
5. VAT registration, VAT return Filing, VAT Implementation in the Entity
6. Budget Monitoring and Budget making
7. Contract Negotiation, Contract Revision, Renewal and establishment
8. Handling complete payroll activity and HR issues in the organization of 100+ staff.
9. Implementation, Drafting and regularizing various Finance policies, HR policies, etc.

1. Treasury and vendor management
2. Budgeting and Monitoring activity
3. Accounting and Closing activity
4. Liasoning
5. HR related activity
6. License renewal activities

 Handling the Finalization of annual accounts and its audit (activities such as reconciliations, Ind AS schedules, ICOFR compliances etc.)
 Liasoning with the auditors (Statutory/Internal/Tax) and implementing the remarks highlighted thereto.
 Handling the timely completion of month end closing activities and submission of balance sheet & P&L variance analysis in the form of MIS reports (activities such as provisioning, statutory payments, reconciliations, etc.)
 Handling the complete Income Tax Assessment proceedings, appeals proceedings including drafting of reply letters and appearance before Income tax authorities.
 Handling and supervising the complete Financial statutory compliances in the organization.
 Updation of VAT registers in SAP and filing of VAT returns along with various related factory compliances.
 Filing and facing VAT returns and assessments respectively.
 Working on Export Incentives as per the GOI Foreign Trade policy.
 Communication with german counterparts, drafting of E-mail conversations and letters as per the company’s policies.
 Handling other desk procedures for important day to day business activities or transactions and other supervisory functions.
Voucher entry in SAP, overdue report of customers
customer clearing in SAP

Auditing: Statutory, Internal, Stock
Accounting: SAP, Finacle, Oracle, Tally
Industries covered: FMCG, textile, electronics, construction.