Nitin Vishwakarma

Oversee finance for Millers, Petroleum and Logistics divisions across the Uganda operation.
Lead regional revenue audits and revenue-department audit closures, ensuring
profit maximization.
Own IFRS-compliant finalization of accounts, financial statements and annual reports; manage
internal, external, tax, service tax and CERA audits.

Oversaw finance and operations for fuel storage/sale, transportation and new project
development; acted as Treasurer for daily USD funds planning.
Planned and executed new company set-ups — financing, CAPEX, approvals, manpower and
systems; led expat and local finance teams.

Managed fund position — debtors, stock and banking oversight — reporting to the CFO
and Directors.
Prepared and reviewed product costing across all manufacturing lines; delivered
monthly/quarterly bank reporting with ratio analysis.

Tracked daily logistics KPIs and reported monthly MIS on operational performance; controlled
revenue leakages.
Finalized accounts, managed audits, and prepared annual budgets, monthly P&L variance
analysis and cash-flow forecasts.

Ran monthly MIS review meetings
across 30 group companies for the Group CEO.

Finalized accounts under IFRS; managed payroll for 200 staff and 500 daily-wage workers. Working capital management, Tax compliance, Treasury work, Finalising MIS for review with management.

The responsibilities are split into four main operational pillars:1. Dealership Operations & Inventory ControlOEM Allocation Payouts: Manage funds for vehicle allocations from Toyota Kirloskar Motor (TKM) to maintain stock without overextending credit.Inventory Auditing: Coordinate physical stock verifications of new cars, pre-owned vehicles, and workshop spare parts against Dealer Management System (DMS) records.F&I Coordination: Supervise payout reconciliations from partner banks and insurance providers for retail finance penetration.2. Financial Reporting & Management Information Systems (MIS)TKM Report Submissions: Prepare and upload monthly financial composites according to Toyota’s standardized accounting formats.Profit-Center Analytics: Provide the General Manager with profitability breakdowns for separate cost centers: New Car Sales, After-Sales Service, and Spares.Working Capital Tracking: Monitor cash flow daily to sustain fund limits, floorplan loans, and bank overdraft lines.3. Indian Statutory & Tax ComplianceAutomotive Tax Compliance: Oversee the collection and deposit of TCS (Tax Collected at Source) under Section 206C(1F) on motor vehicles exceeding ₹10 Lakhs.GST Maintenance: Reconcile outward GST invoices against GSTR-1 and claim Input Tax Credit (ITC) correctly via GSTR-2B on inbound car shipments.Local Licensing: Manage fiscal renewals including state transport registrations, trade certificates, and municipal trade licenses.4. Payables, Receivables & Internal ControlsWorkshop Credit Controls: Monitor outstanding dues from corporate fleet accounts, insurance claims (cashless policies), and government departments.Vendor Management: Process timely payments to local vendors, logistics partners, and marketing agencies while verifying internal purchase orders.

The responsibilities are split into four main operational pillars:1. Dealership Operations & Inventory ControlOEM Allocation Payouts: Manage funds for vehicle allocations from Toyota Kirloskar Motor (TKM) to maintain stock without overextending credit.Inventory Auditing: Coordinate physical stock verifications of new cars, pre-owned vehicles, and workshop spare parts against Dealer Management System (DMS) records.F&I Coordination: Supervise payout reconciliations from partner banks and insurance providers for retail finance penetration.2. Financial Reporting & Management Information Systems (MIS)TKM Report Submissions: Prepare and upload monthly financial composites according to Toyota’s standardized accounting formats.Profit-Center Analytics: Provide the General Manager with profitability breakdowns for separate cost centers: New Car Sales, After-Sales Service, and Spares.Working Capital Tracking: Monitor cash flow daily to sustain fund limits, floorplan loans, and bank overdraft lines.3. Indian Statutory & Tax ComplianceAutomotive Tax Compliance: Oversee the collection and deposit of TCS (Tax Collected at Source) under Section 206C(1F) on motor vehicles exceeding ₹10 Lakhs.GST Maintenance: Reconcile outward GST invoices against GSTR-1 and claim Input Tax Credit (ITC) correctly via GSTR-2B on inbound car shipments.Local Licensing: Manage fiscal renewals including state transport registrations, trade certificates, and municipal trade licenses.4. Payables, Receivables & Internal ControlsWorkshop Credit Controls: Monitor outstanding dues from corporate fleet accounts, insurance claims (cashless policies), and government departments.Vendor Management: Process timely payments to local vendors, logistics partners, and marketing agencies while verifying internal purchase orders.

Core ResponsibilitiesFinancial Operations: Oversee daily cash flows, billing, dealer accounts receivable, and vendor payments.Reporting & Budgets: Prepare monthly profit and loss (P&L) statements, MIS reports, and local tax summaries.Statutory Compliance: Ensure adherence to Indian financial regulations, including GST filings, TDS deductions, and local state levies.Audit & Control: Implement internal financial controls and assist internal or external statutory auditors.

Audits of Companies and Banks
Tax Compliance
Internal Audit
Statutory Audit
Revenue Audits
Regulatory Audits