Sub: G.M Finance & Account
Dear sir
I was excited to see your opening for Manager Finance & Accounts, and I hope to be invited for an interview.
My background includes serving associate within Mfg Industries with Professional environments. Most recently, I worked on the Finance,Accounts, Costing & Internal Audit Department, where my responsibilities included Finance Accounts,handling Product costing MIS as per management requirement time to time
Previously, I worked within Finance,Accounts, Costing, MIS, Internal Audit purchase & stores . In these positions, I demonstrated the ability to resolve a variety of issues handling SAP matters Customization & functional Interaction with production Engineers for possible improvement in process to reduce the process cost
I am confident that I can offer you better Finance, Accounts costing & MIS System in your company. Feel free to call me at 91 – 700**-***** (home) or arrange an interview. Thank you for your time -- I look forward to learning more about this opportunity!
Sincerely,
B. GUPTA
BANWARI GUPTA,
H.NO. – 227,
NEW ASHOK NAGER B, NETA JI POST OFFICE,
JALANDAR BYE PASS,
LUDHIANA – 144 001.
PHONE NO +91-991**-*****
Cell: - +91 – 700**-*****.
Objective
The chief financial officer position is accountable for the administrative, financial, and operations of the company, to include the development of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results. Principal
Assist in formulating the company's future direction and supporting tactical initiatives
Monitor and direct the implementation of strategic business plans
Develop financial and tax strategies
Manage the capital request and budgeting processes
Develop performance measures that support the company's strategic direction
Participate in key decisions as a member of the executive management team
Maintain in-depth relations with all members of the management team
Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package
Report financial results to the board of directors
Understand and mitigate key elements of the company's risk profile
Monitor all open legal issues involving the company, and legal issues affecting the industry
Maintain appropriate insurance coverage
Ensure that record keeping meets the requirements of auditors and government agencies
Report risk issues to the audit committee of the board of directors
Maintain relations with external auditors and investigate their findings and recommendations
Monitor cash balances and cash forecasts
Maintain banking relationships
Educational Qualification Bachelor of Commerce (Punjab University Chandigarh)
Professional Qualification Master of Finance & Control (Punjab University Chandigarh)
Professional Experience
Completed Three Years Article ship as per guidelines of Institute of Chartered Accountants of India with M/S Gupta Bhalla & Associates, Chartered Accountants Ludhiana (Punjab).
During this period of Article ship, I have done continuous Audit of various companies, Audit of Banks, Societies, School, and Colleges & Hotels etc. The scope of work included all areas of business, which are to be covered under statutory audit.
Dependability:
I can stand by the management’s expectations and assure of an independent profit centre in the concerned department if a favourable opportunity is offered.
Working With Supreme Tex Mart Ltd LTD (Supreme Groups of Companies)
Chief financial officer our responsibilities include the following
Overall supervision of the company’s day to day functioning of the Accounts and Finance functions including MIS, Audit, Taxation, Corporate affairs, etc in compliance with the Indian Accounting Standards
Manage Corporate Finance including the Treasury function & Factory accounting including costing
Initiate and guide the preparation of forecasts of company revenue, working capital, expenditure and return on investments
Monitor Budgets and variances
Responsible for tracking the policy decisions taken by the government and their impact on the business.
Provide technical and managerial information to the organization and regulatory agencies regarding taxation matters.
Overseeing the process, monitoring and approval of all Payables and Receivables
Responsible for preparation of Quarterly / half yearly and Annual Accounts and Finalization of Accounts of Group Companies and the Consolidated Accounts for the Company.
Providing information to the top management on a monthly and need basis.
Developing and implementation of suitable internal control systems in the department.
Involved in formulation of various systems, policies, procedures, commensurate with the need of the company,
Dealing with Banks and Financial Institution for day to day matters besides providing all necessary support with the preparation of documents pertaining to all short-term and long-term credit facilities.
Interface with the internal and external auditors as a focal point for efficient management of the Statutory, Tax & Internal Audits
Working With CHINAR FORGE LTD (Shital Groups of Companies)
(Head Plant -May-2014 to Sept-2016)
Inventory Valuation
Component wise Cost Sheet
Cash Flow Fund Flow Statement
Lot wise Trading Account
Price Fixation (including Transfer Prices).
Interaction with Production Engineers for possible improvement in process to reduce the process cost.
Responsible for preparation of Quarterly / half yearly and Annual Accounts and Finalization of Accounts of Group Companies and the Consolidated Accounts for the Company.
Developing and implementation of suitable internal control systems in the department.
Dealing with Banks and Financial Institution for day to day matters besides providing all necessary support with the preparation of documents pertaining to all short-term and long-term credit facilities.
Developed various type MIS Report as per Management Requirement
Preparation of Annual & Monthly Budgets.
Variances Analysis and developed MIS Reports.
Analyzing & Implementing Cost Controlling Plans.
Working Summary Osho Forge Ltd(April-2010 to May-2014)
Manager Finance,Account Costing & Internal Audit
Inventory Valuation
Component wise Cost Sheet
Cash Flow Fund Flow Statement
Vendor Rejection Report & Vendor rating Report
Rate variance Report
Auditing
Supporting Statutory / Internal Auditors in performing analytical reviews of financial statements and evaluation of internal control systems.
Assessing audit reports and instituting recommendations to ensure that accounts are prepared and maintained in conformance with statutory obligations.
Budgeting/Planning
Conducting variance analysis to determine difference between projected and actual results, and implementing corrective actions.
Price Fixation (including Transfer Prices).
Interaction with Production Engineers for possible improvement in process to reduce the process cost.
Monthly profitability’s component wise
Inter Unit Responsible for preparation of Quarterly / half yearly and Annual Accounts and Finalization of Accounts of Group Companies Reconciliation.
Developed various type MIS Report as per Management Requirement
Record Maintained according to Cost Audit & Cost Audit Compliance
Handling Insurance Claim & inventory prepaid for bank Purpose
Managing purchase & store Department consumable other than steel last three year
Reporting : -
Directly report to Director & CMD of the Company.
Work Experience Summary Oct 2005to March-2010
Working as Manager Account & Costing with GNAE GROUP
GURU NANAK AUTO ENTERPISES LTD GORAYA
(A LARGEST AXLES MANUFACTURING Company in India)
Strong analytical abilities with adeptness in formulating accounting systems, preparing accounting records, financial statements.
Well versed with Accounting Systems; preparing and finalising Profit & Loss and Balance Sheets.
Conducting variance analysis to determine difference between projected and actual results, and implementing corrective actions.
Managing Customer Outstanding Reports; Debtors, Creditors
Developing and implementation of suitable internal control systems in the department.
Dealing with Banks and Financial Institution for day to day matters besides providing all necessary support with the preparation of documents pertaining to all short-term and long-term credit facilities
Inventory Valuations
Make or Buy decision.
Contribution statement
Profit Centre Analysis
Profit and Loss Analysis
Preparation of Annual & Monthly Budgets.
Policy formulation & Pricing Strategies.
Monthly Product wise Contributions
Reporting: -
Directly report to AVP Commercial & CMD of the Company.
Previous Work Experience Summary: -
Working as Assistant Manager (Account & Costing) in HERO CYCLES LIMITED (A
GROUP OF HERO COMPANIES) Since 4st Oct 1994. To Oct-2005
Roles & Responsibilities: -
Cost Ascertaining, Cost Analysis & Cost Controlling.
Cost Center Accounting (Define, Allocation & Distribution)
Preparation of Cost Audit Report.
Various monthly MIS Reports Such as Input Output Statement, Cost Sheets, Excess Consumption Report, Sale Reconciliation Statement, Repair & maintenance analysis.
Responsible for preparation of Quarterly / half yearly and Annual Accounts and Finalization of Accounts of Group Companies .
Make or Buy decision.
Price Fixation (including Transfer Prices).
Handling SAP matters Customization & functional.
Preparation of Annual & Monthly Budgets.
Analyzing & Implementing Cost Controlling Plans.
Inter Unit Reconciliation.
Monthly Product wise Profitability
Interaction with Production Engineers for possible improvement in process to reduce the process cost.
Technical Skills
ERP Packages
SAP R/3 versions 4.0B, 4.7
Operating Systems
MS-DOS, Windows 9x, Windows NT
Personality Traits
Hardworking, Determination & Dedication to Goals & Honest in Work.
Reporting: -
AVP (Costing) & Co-Chairman cum M.D.
Personal Details
Father’s Name Sh R.D.GUPTA
Date of Birth 5th SEPT, 1968
Nationality Indian
Marital Status Married
Permanent Address H.No-227 NEW ASHOK NAGER
NETA JI P.O JAL BYE PASS LUDHIANA
Cell No 91-991**-*****, 700**-*****
Email ID *****.*******@*****.***,******@*************.***
Hard Skills
. Excellent Exposure to designing, creating and operating the management
Information system
Budgeting System, Audit and internal Controls
Soft Skills
. Good Analytical & Interpretational skills
. Good Communication Skills
. Possess excellent Management and Administration Skills
With Regards
Banwari Gupta