Tarun Kumar Rustagi

ACA, B.Com, Dip(IFRS)-ACCA

Palam Colony, Dwarka, New Delhi, India

Contact No. +91-996*******

Email id ac4d6w@r.postjobfree.com

Summary:

Chartered accountant by profession and having 6 years of working experience. Specialised in Balance Sheet Finalization, Analysis and Review, Month end Closing, Regulatory Compliances, Accounting and Audit. Having exposure of working in international environment and offsite experience of US Based Clients.

Qualifications:

1.Chartered Accountant from Institute of Chartered Accountants of India in May 2011

2.Company Secretary Intermediate Level from Institute of Company Secretaries of India

3.B.Com (Pass) from School of Open learning, Delhi University in June 2011

4.Diploma in IFRS from ACCA-UK

Career Sketch:

1.AIG Analytics and Services Private Limited Feb,2016 till present

Position: Manager- Reporting

Presently working as an Asst, Manager for a large Insurance group - a US based company in Property and Casualty Insurance.

Job description

1.Responsible for the preparation, production and analysis of Consolidated AIG' Financial Statements, ensuring compliance with IFRS, US-GAAP and other relevant requirements and aiming to achieve best in class financial reporting.

2.Preparation of several disclosures in financial statements in interim and annual reports in accordance with IFRS and other relevant requirements.

3.Manage communications with external auditors on external financial statements and accounting issues to ensure auditor’s agreement with company decisions on accounting disclosures, and issues.

4.US GAAP and Regulatory submissions to stakeholders ensuring utmost accuracy.

5.Involved in Annual Financial Projection and financial planning and analysis of the accounts.

6.Balance sheet reconciliation remediation, investigation of processes, ensuring adequate substantiation in line with policy, and updating documentation to bring in line with best practice

7.Contribute to the completion of the comprehensive disclosure checklist process to ensure that the Financial Statements in its entirety are meeting relevant IFRS, & Regulatory disclosure requirements

8.Work closely together with other finance teams globally in order to ensure full front-to-back process and content integrity of the Financial Statements.

9.Work with various Audit stakeholders (Internal/External Audit, SOX Business Partners etc) to ensure various audit requirements are met and recommendations are implemented.

10.Provide an advanced level of specialist knowledge to support complex queries raised by the department's key stakeholders (Controllers, SBUs, etc).

11.Focus on developing, implementing and sharing best practice.

2.IBM India Private Limited Oct13 till Feb,2016

Position: Deputy Manager- Finance & Accounts

Worked as a Business Analyst for a large corporate group - a US based company in Cement Manufacturing and related activities (World’s 7th Largest Cement Manufacturing Company).

Job description

1.Record to report R2R activities, Capex, and Opex activities.

2.Month end closing, revenue recognition, and reconciliations.

3.Analyzing the P&L and Balance Sheet

4.Variance Analysis and commentary on Material deviations from Budget

5.Provision & Actualizations of Expenses/Prepayments/Accruals

6.Regulatory Reporting and Compliances

7.Process transition and SOP development

8.Maintaining Records and Documents as per SOX requirements.

3.Brilliant Metals Private Limited Sep 2011 to Sep 2013

Position: Assistant Manager- Finance (Accounting, Corporate and Tax compliances)

Worked as an Assistant Manager with Large Metals Importer/Trader and Distributor Company having turnover of the Group around 2000 crores

Job description

Accounts

1.Effectively Management of working in Tally 9/Busy 3.9 – Cash & Bank, Bank Reconciliation, Sale/Purchase Bill and Other Accounting Entries made by assistants

2.Monthly & quarterly books close and generation of MIS

3.Preparation of the projections for finance purpose e.g. grant of loans from the bank

4.Preparation of Balance Sheets, Profit and Loss Account along with annexure as per Revised Schedule VI of the Companies Act, 1956.

5.Follow Up for recovery & cleanup of Creditor aging along with Closure of unaccounted Invoices

6.Forex reinstatement, related party schedule

7.Monitoring inter-company ledger accounts for unusual transactions

8.Variance analysis

9.Payment and Receipts accounting/ reconciliation

10.Accounting of Payments in the financial system

11.Debtors/Creditors reconciliation

12.Preparation and filing of various forms required in Registrar of Companies.(ROC)

13.Payroll Accounting

14.Planning and forecasting sanctioning of revenue and sanctioning of expenditures

15.Review of commercial contracts, pricing and commercial terms

16.Establishment and review of internal controls & checks,

Taxation

1.Responsibility of Periodical reconciliation of TDS returns with books of accounts

2.Ensuring the compliances of TDS/ Advance tax

3.Responsible for handling the Income Tax, Advance Tax, TDS and others Direct Tax related problems

4.Practical exposure and applicability of Various Provisions of income tax act, computation of income tax liability, Analysis and applicability of Various Clauses of 3CD and 3CA forms etc.

5.Custom Duty Refund documentation

6.Sales Tax and Service Tax and Excise return Filing

7.Ensuring timely Payment of Sales tax, Service tax, and excise duty

8.Excise, Service tax and Sales Tax registration and documentation

9.Preparation of submissions for representations before service tax and sales tax authorities

KEY ACHIVEMENTS

1.Awarded as a Best Employee of the month & High Achiever and Quarterly Star Performer in AIG-India FCOE.

2.Rated as Top Performer in AIG- India FCOE with Rating 1 considered as significant contributor.

3.Promoted as Deputy Manager in IBM India and Manager in AIG.

4.Participated in various competitions at the school level.

IT SKILLS

1.Exposed to a fully computerized network based computer environment at work and have a good working knowledge of SAP, MS Office suite (Word, Excel, power point etc), Tally, Busy & Spectrum.

2.Had Completed Advance Excel Training & SAP training within IBM & AIG.

3.Completed ICAI Computer Training (100 hrs ITT).

4.Undergone with Several Trainings provided by IBM & AIG such as (Domain Training, Advance Excel, SAP Tower Training, Corporate Etiquettes, Lean trained and tested)

OTHER DETAILS:-

Date of birth 10th December, 1985

Marital Status Married

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