Finance manager

Mahadev Panda CA -Semiqualified, ICWAI-Semiqualified, M.Com.

Mobile: +91–909-***-****, E-Mail: ****************@*****.***

Finance / Accounts / Audit

With over 11+ years of functional experience in:

- Strategic Planning - Accounts & Finance - Taxation

- Budgeting / Costing - Fund Management - Legal / Liaison

- Auditing / MIS - Commercial Operations - Statutory Compliance

Associated with SPX CORP. (USA), Extensive experience in conceptualizing and implementing. Financial processes, designing & developing system / procedures. Outstanding success in gamut of tasks viz. Finance, Accounts ensuring accomplishment of organisational vision. Excellent understanding in formulating budgets for the company and implementing systems/procedures, conducting ageing analysis, preparing key reports to exercise financial control and enhancing overall efficiency of the organisation. Adept in ascertaining needs and goals, streamlining operations and envisioning new concepts. Deft in analysing MIS reports with the objectives, policies and procedures of the management and identifying variances with the plan and suggesting continuous improvement processes. Possess strong planning & relationship management skills with vital contribution in running of the company. An effective communicator with good relationship management and problem solving skills.

EMPLOYMENT SCAN

June 2016 – Till Date, SPX THERMAL EQUIPMENT AND SERVICES INDIA PVT LTD., Chennai, Finance Manager

Coordination of statutory audits.

Coordination of Quarterly audits with internal auditors

Maintenance of all accounting records for these audits

Coordination with Income Tax authorities for assessments, hearings and appeal.

Administration of project activities like Bank Guarantees, Insurance etc.

Project cost control and monitoring

Preparation of financial statements like trial balance, Balance sheets, P&L etc.

Group company reconciliations and monthly confirmations

Monthly Reports preparation for US GAAP audit as required by SPX –US.

Coordinating for Sales Tax / Value Added Tax issues.

Exchange of forms from client and suppliers.

Sales tax assessment for 5 states for 4 years.

Submission of Monthly sales tax returns.

Collection of statutory forms from departments for all 5 states.

Preparation of statutory documents for dispatches.

Attending hearings for Sales Tax issues.

Coordinating for Service Tax issues.

Service Tax accounting.

Remittance of service tax to authorities

Service Tax returns filing

Attending hearings and assessments.

Coordination with site for commercial activities

Project account reconciliation.

Vendor and Client accounts Reconciliation

PF Annual Returns.

Key Skills:

MIS Report as per timely Requirement.

Meet all statutory requirement

Assignment of work

Timely deliver and meet the TAT

Aug 2015 – June 2016, ABHILIFESTYLE PVT LTD., Chennai

Finance Manager

Preparation of Annual budget and forecasting on monthly basis.

Preparation of monthly profit & loss and balance sheet and analysis.

To co-ordinate between team members in accomplishing and executing of various task.

To assist team members in extracting data from marketplace and implement changes required for pricing.

Doing Pricing of product for various marketplaces.

Preparation of cash flow statement.

Processing payroll for staff.

Monitoring and controlling of Inventory management system as per business requirement.

To plan various activity in advance and allocate work for smooth & timely execution.

Provide various MIS to the management.

Provision of all tax related items.

Maintenance of Fixed asset register.

To co-ordinate with other Dept and solving queries in timely manner.

Monthly clearance of customer and vendor accounts before month end.

Creation of cost centre and projects and allocation of OPEX & CAPEX items.

Vendor payment settlement and analysis.

Creation of new contract and booking of all cost.

Creation of purchase requisition related to payment of special transaction.

Analysis of customer and vendor pending due and clearance items.

Ensure the cash management and Treasury transaction finished in time.

Planning and analysis of cost of contract and analysis of variance.

Handling audit on time.

Fulfilment of taxation requirement on time.

Setting credit limit of customer & ageing of debtors.

Variance analysis of budget and profit and loss accounts.

Conduct meeting for appraisal of team on quarterly basis and taking decision on incentive and bonus.

Key Skills:

People management

Assignment of work

Timely deliver and meet the TAT

Nov 2012 –Aug 2015, GRC & Associates, Gulbarga, Karnataka

Assistant Manager

Preparation of budget and forecasting on monthly basis.

Taking active role in management related to business development.

Preparation of Cash flow statement.

Maintenance of fixed asset register.

Processing payroll and settlement.

Ensure the intercompany transactions reconcile on monthly basis.

Implementation of internal control system and internal check on every material transaction.

Preparation of Profit & Loss and balance sheet on monthly basis and analysis the variance report.

Preparation of financial statement as per accounting standard and companies law.

Preparation of depreciation statement.

Reconciliation of Bank statement.

Dealing with the intercompany transaction and related activities.

MIS report as per the management requirement.

Conducting meeting every fortnight on improvement.

Ensure the proper relationship with customer and no escalation zone.

Processing of all the invoices in stipulated time period.

Preparation of customer statement and analysis, do ageing on monthly basis for collection due.

Ensuring required certification of various accounts.

Ensuring necessary action taken on query by accounts team.

Managing the work of account executive.

Vendor statement reconciliation.

Engage in vendor payment processing and analysis of return pending statement.

Responsible for query rose by the vendor and escalate to proper authorities.

Taking active parts in financial planning and taxation.

Jan’2010 – Oct’2012 WIPRO LTD, Chennai, INDIA

Executive – Finance & Accounts

Chief Tasks:

Preparing the budgets and monitoring from managements end.

MIS reports various stores, including; monthly profit and loss.

Answering of all Audit queries rose.

Monthly preparation, analysis and submission of various expense reports to Top Management.

Inventory Reconciliation Statement.

Weekly Analysis of Various expenses accounts.

Investigating of stock loss and credit to the store after analysis.

Quarterly estimation of expenses, Variances & Income.

Forecasting and estimation of profit and loss.

Management information system (MIS) reporting of result every week.

Analysis of stock loss or gain and adjustment.

Analysis of general ledger Accounts and adjustment.

Analysis and reporting loss due to Natural calamities.

Sep’06-Dec’09 M/s Raj & Jeba, Chartered Accountants, Chennai, INDIA

Audit Assistants

Accountable for performing statutory audit, covering finalization of accounts, compliance of CARO, corporate governance and accounting standards for leading corporate.

Interfacing with individuals, partnership firms and companies to advise them on direct & indirect tax planning, filing of returns and compliance with statutory regulations.

Handling of individual and partnership and private companies.

Internal audit and statutory audit of private companies.

Tax audit and tax calculation and filling.

Trial balance, balance sheet and other financial statements and analysis of financial statements of companies, firms, etc.

Complicated bank reconciliations statements of corporate.

Certification of various accounts.

IT SKILLS

MS –Office

SAP R/3

Main frame

Business Objects

People soft

Tally ERP 9

ACADEMIC

2006 CA Semi-qualified from Institute of Chartered Accountants of India, INDIA

2010 ICWA Semi-qualified from Institute of Cost and Works Accountants of India, INDIA

2004 Master in Commerce from Berhampur University, Odisha, INDIA

2002 Bachelor in Commerce from Berhampur University, Odisha, INDIA

PERSONAL DETAILS

Date of Birth : 3rd July 1982

Languages Known : English, Hindi

Gender : Male

Nationality : Indian

Status : Married

Blood Group : B +ve

Passport No. : G3007202 (15/10/2017)

Place: Chennai (Mahadev Panda)

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