Chartered Accountant
Self employed
Total years of experience :9 years, 6 Months
• Tax Audit under Income Tax Act, 1961.
• Statutory Audit of Private Limited Companies under Companies Act, 2013.
• GST Audit under CGST Act, 2017.
• Statutory Bank Branch Audits.
• Personal Income Tax advisory and tax planning.
• Scrutinizing and managing the books of accounts of all the companies in the group.
• Preparing MIS and financial schedules for monthly close of books of accounts.
• Monthly reporting of the consignment income and the corresponding cost.
• Preparing the Standalone and Consolidated Financial Statements of the group companies for annual audit and ensuring timely completion of audit.
• Liaison with Internal Auditors.
• Filing of quarterly Vat Returns.
• Scrutinizing the G/L accounts of all the companies of the group.
• Review and updating Capex.
• Reconciliation of Inter-company balances of the group companies on monthly basis.
• Assisting the Senior Chief Accountant in preparing the monthly MIS and preparing necessary monthly financial schedules.
• Preparing the financials of all group companies for monthly closing.
• Monthly reporting of the consignment and concession income of the group and sending periodical reports to the respective vendors and ensuring their timely settlement.
• Preparing the financials of the group companies as per IFRS for annual audit.
• Stock take controller (representing finance team) for all periodical stock takes of the company. Ensuring that it is done as per company's documented procedures and final reporting of variances.
• Single point of contact for resolving all stock related adjustments in ERP.
• Approving and processing payments using bank facilities (loan) for vendors with cash on delivery terms.
• Overseeing the books of accounts of company’s operations at Singapore and ensuring compliance with GST and CPF laws.
• Designed the chart of Accounts and inventory structuring for group’s two new companies and was active part of the team for implementing ERP system for group’s upcoming and existing operations.
• Preparing necessary management reports.
• Preparing and filing GST return F5 for IRAS.
Has handled company’s financial operations in Germany, USA, Romania and Nigeria.
Major Responsibilities
• Overseeing the accounting records
• Providing monthly profitability report
• Cash Flow Management and Budgeting.
• Coordinating with the Financial Consultant to ensure compliance with the State Laws
• Approving all payments and other financial transactions.
• Other accounts and finance related work of group’s operations for the above four countries.
Other Areas
• Was the authority to approve intra group fund transfer (from Dubai Head Office to group companies).
• Providing other necessary financial and costing reports like reports on financial ratios, break even analysis for new projects, product pricing, report on profitability of products -necessary for Management decision making.
• Working with the Management for setting up centralized accounting and internal control system for the Group.
Project Achievements
• Has successfully set up a centralized accounting and internal control system for groups operations in Germany, Romania and Nigeria.
• Visited Group Company in Germany to finalize the balance sheet and to suggest measures to set up efficient and effective accounting and internal control system.
• Was a part of team for implementation of new software for the group’s operations.
Responsibilities assumed
•Maintaining books of accounts.
•Direct tax planning.
•Compliance with TDS and other provisions under Income Tax Act.
•Maintaining relevant records and other compliances under provisions Of EPF Act .
•Preparation of financial statements and finalization of Accounts
Technical Exposure during Articleship: -
•Preparation of financial statements and finalization of Accounts.
•Compliance with Accounting Standards issued by ICAI.
•Statutory audit under Companies Act, 1956.
•Tax audits u/s 44AB of Income Tax Act, 1961
•Audit of Public Charitable Trust.
•Preparation of e-TDS returns and subsequent compliances.
•Preparing project report for availing bank loans.
•Certification work showing utilizations of funds in the form of various Govt. grants received by entities.
•Filing of income tax returns of individuals and various other entities.
•Audit under Kerala Value added Tax Act, 2003
Major responsibilities handled during Articleship
•Was a member of Audit team of Valluvanad Hospital Limited (Public limited company incorporated under Companies Act, 1956.
•Was involved in audit of Nila Caterers Service India (P) Ltd for two financial years.
•Audited financial statements of PNNM Medical College (Public Charitable Trust).
Commerce graduate specialised with Co-operation and taxation