Senior Consultant
Mazars
Total years of experience :5 years, 6 Months
My main responsibility is to deliver the financial controls and effectiveness ensuring all the accounting procedures & systems, financial planning, budgetary controls; align the processes and controls of one of the largest retail company (Al Meera Qatar) having the biggest retail chain with around 50 branches in the country.
- Providing effective financial consulting to the team, to enable strategic foresight into the business and also provide knowledgeable and adequate recommendations for improving the financial health of the company.
- Preparation of Risk Control Matrix (RCM) to mitigate the identified risk and suggest some more control to justify the control over risk.
- Acting as an integral part of the management committee, provide guidance for financial accuracy, cost optimization initiatives and drivers of control
- Mapped the manual & system control with the risk identified and check for the possibility to make control more system driven.
- Worked on Process Review and Internal Audit, particularly in such areas as Procure to Pay, Order to Cash, Human Resource, Payroll, Accounts Receivable, etc. which comprised documenting and presenting the deliverables which includes Risk and control matrices.
- Worked on ICFR engagements comprising in-depth assessment of the control designing involving process flow charts, narratives, identification of critical risks and design gaps/failures with the key financial controls.
- Liaise with various departments in the identification and investigation of issues within the Organization and discussion on observations obtained with the process owner and closure of same within a specified timeline.
- Provide reports to IA Director on the adequacy and effectiveness of internal control structure along with practical recommendation to improve the efficiency, effectiveness and economic value of the process and controls.
Roles and responsibilities:
Budgeting, Financial Analysis & Planning
- Preparation of Various MIS reports, budgets & other financial reports to keep a track of the financial performance for management’s perusal and necessary action.
- Projection of financial performance ensuring accurate planning & Forecasting.
- Controlling & tracking various heads of expenses at organizational level for all the units including allocation, weekly Reporting and monthly cost control.
- Worked as a part of the cost control team in the areas of budget control, cost estimation, cost analysis for various units.
- Allocating the quarterly budgets of different units and reports to management’s w.r.t to budgets availability and spent.
- Estimation of monthly cost and reconciliation of the same with the actuals highlighting the reasons of variance and
- Comparing the actual spent with the budgets allocated and analyzing the reasons for the variance.
- Co-ordinated with the sales team to know the pipeline of the revenue items and to fix the targets and drafting a plan to achieve the target.
Direct Tax
My main responsibility is to single-handedly manage the Direct Tax of the largest subsidiary \[Infosys BPM (BPO) Limited\] having
turnover of more than $ 500 Million.
- Monthly and Quarterly preparation of Provision for Tax (PFT), Estimated Tax Rate (ETR), Projection of ETR Deferred Tax,
- Advance Tax, Withholding Tax; Filling of ITR, Assessment, Litigations and presenting the same to the senior management for their decision making.
- Preparation of various MIS reports (Contingent liability, CARO report related to income Tax, Compliance Certificate, Tax schedules, TDS schedules etc.)
- Automation of monthly and quarterly reports into SAP for improving the efficiency and reducing the time constraints during quarter-ends.
Independently handling statutory audits,
internal audits, tax Audit, Manual and detailed scrutiny. Filling of Excise and Income Tax returns and payments. Yearly and quarterly filling of Income Tax
return, Form 3CA, 3CD, TDS Return and various
forms applicable as per Income Tax Act. Preparation of replies, letters, documents for Income Tax Scrutiny, Income Tax Hearing as well as related to notices under various sections of Income Tax related to compliance.
Chartered Accountant
I have complete my bachelor degree from the honors background from kolkata.