Senior Functional Consultant
S.E.Worker
مجموع سنوات الخبرة :35 years, 11 أشهر
Legal and Compliance related advisorial support services
Audit reviews on case-to-case basis.
(i)Compliances related to Financial services.
Other assignments on proposed activities are:
(i)Financials - Project related work involving subject matter expertise
(ii)Costing & Budgeting support on Construction & Misc. projects
(iii)Audit review reports on Operations
(iv)Corporate Governance work
(v)Financial Planning & Analytical reports
1)Compliance & legal Audits & advisories for client companies
2)Support services for devlopment & implementation of Standard Operating procedures and, on documentation for statutory requirements under Company & Industrial Laws
3) Due diligence review reports for Projects
4)Financial Planning & Analysis- reports
5)General Ledger review reports.
i)Contract Accounting for Shell End use computing services A/c contract for $1 billion
ii)Ensuring compliance with timelines agreed with client for deliverables from Team members handling the revenue regions & cost Towers
iii)Ensuring completion of Working Budget called ASPIRE for the next fiscal
iv)Setting goals & monitoring its accomplishment by team members.
v)Periodic performance reviews/appraisals for team, & recommendations to the next level in the hierarchy for deciding Variable performance bonus & salary increments
vi)Setting up customer calls & ascertaining their feedback on team contribution, on a monthly basis.
vii)Participation in all the audio conf calls with the Top leadership in the Shell hierarchy on Finance & Flash(forecast report) reviews and balance sheet reviews.
i)Financial Accounting for 3 units under the Group
ii)Unaudited Financial results for Stock exchanges (as approved by Board)
iii)Overall supervision of the Accounting and Secretarial functions.
iv)Setting up of Budgets & budget monitoring system
v)Financials for monitoring Working capital credit facility
vi)Tax computation on corporate earnings and suggestions on Tax saver options
vii)Ensuring compliances on statutory requirements in respect of Company Law.
viii)Organizing Board meetings & Audit committee meetings and related documentation
ix)Ensuring compliances with local taxation requirements and its proper accounting.
x)Monitoring critical parameters like inventory for compliance with statutory norms & the company’s revenue model.
i)Finalisation of Monthly Profit & Loss Accounts and Balance Sheet and Annual Accounts
ii)Daily MIS Report to MD on all financial and key operational parameters.
iii)Funds Management/Treasury operations.
iv)Weekly Review of Receivables along with Sales Head/Team
v)Controlling and coordinating 4 sub locations.
vi)Cost reviews, cost benefit analysis for projects, developing financial reports for forecasting, revenue models, trending and results analysis.
Special assignment: Involvement in implementation of SAP FI & CO modules. Implementation achieved within 6 months.
1)Setting up and periodic review of Budgets for revenue monitoring
2)Accounting reviews and Accounts finalization
3)Periodic visits to the site for status review.
4)Organizing company meetings, related docum support & compliance with statutory requirements.
5)Liaison with auditors, M/s.E & Y for financial audits and for SOX audits
6)Tax saver suggestions by organizing replies to queries from the Revenue department
7)Cash Budgets / Cash Flow Statements
8)Installation of Internal Control Systems/Support systems for Internal audits
9)Evaluation of Proposals/ cost estimates at Pre bid stage
10)Monitoring of cost/revenues(including receivables) and ensuring accounting based on % of completion method. Review of accounting at Site office
11)Member of Tender/Purchase committee & participation in negotiations with Suppliers/Sub contractors
12)MIS reports to President(Projects)/Director-Finance.
i)Periodic Audit inspections at various locations covering Assets & Stocks.
ii)Standard Operating Procedure(s) -development and, compliance checks.
iii)Audit flash reports on abnormal work situations
iv)Audit reports with summarized observations supported by detailed schedules in two segments i.e., Executive Summary(Part I) & Detailed workings as Part II of the Report
v)Suggestions on cost control & cost reduction for operations in the factories.
vi)Compliance checks & reports on compliance with internal guidelines & systems & statutory requirements.
vii)Review and suggestions for improvements to Reports generated from SAP FI accounting s/ware.
viii)Liaison between Board(Audit Committee) & the auditees for status report on findings and for implementation of Board’s directives.
i)Development of financial information and Project accounting system
ii)Income tax planning
iii)Developing cost based healthcare packages
iv)Cost workings/Analysis for demerger of Architectural division.
v)Ensuring compliances on Corporate Governance for subsidiary company i.e., M/s.Akshaya Apollo Ltd, Ahmedabad
i)Raising finance from banks (as a workgroup member)for various Projects to the tune of Rs.40/- Crores (approx) in 1994-95 and 1995-96
ii)Asset accounting process head for the financial years 1994-95 - 1999-00
iii)Development & implementation of Material accounting/Costing systems (F.Y. 1994-95)
iv)Company Secretarial Compliance routines & documentation for company meetings.
v)Risk management involving comprehensive protection against existing & perceived risks for company assets. (Fire cover, Marine cum Erection risk cover etc, to name a few)
vi)Audit Reports on significant deviations on Quarterly audits and on special audits. Audit Reports effectively presented with summarized observations & detailed supportings.
vii)Cash & banking operations. This includes credit monitoring, issue of L/Cs for imports & dealing with exim scrips for import requirements.
viii)Setting up of Budget & departmentwise Budget monitoring system.
ix)Costing & material accounting involving preparation of Cost Sheets for finished additives and Ledger management for raw materials, components & Stores & spares.
x)Compliance with statutory regulations as to documentation and filing of returns.
xi)Liaison with auditors on accounting compliances and for completion of audit.
xii)Effective information support for top management
i)Developed & implemented Sales Invoicing system
ii)Receivables management & control
iii)Marketing Finance accounts
iv)Liaison with Auditors on accounting issues
v)Weekly MIS on Receivables to HODs in finance & marketing.
i)Branch accounting and Credit Control process.
ii)Process owner for preparation of) of Tax Audit Schedules(in compliance with Section 44AB of the Income Tax Act), and its audit by statutory auditors.
iii)Budget preparation and monitoring.
Certificate course jointly held by Institute of Cost Accountants of India and SAp India Ltd
1)In depth coverage of Cost Accounting and Budgeting & Financial Accounting and allied subjects with practical on the job training on the theoretical aspects dealt with in the certificate course. 2)The course is completed in 5 modules, 3 in the Intermediate stage & 2 groups in the Final stage. 3)Refer website "myICWAI.org" for more details
Complete coverage of advanced aspects of Financial Accounting, Costing and Human relations.
Degree course covering comprehensively all aspects of Finance, Accountancy and related subjects.