SOMNATH GORAI

Sristi Appartment, *rd Floor, Flat no-31

**,**** ***** **** ****, New Garia,Kolkata-700 094 Ph: +91-987******* Email Id: ac9p5d@r.postjobfree.com D.O.B: 5th Jan-1974 FINANCE & COMMERCIAL PROFESSIONAL

Seeking exigent senior level assignments in the domain of finance/audit/ accounts PROFILE

A dynamic finance professional with hands on management style in the development and implementation of Strategic and Business Plans and Policies to ensure organizational growth, targeting maximum profitability. Currently spearheading the business of Simplex Infrastructures Limited as a Senior Manager.

Seasoned Professional with demonstrated expertise in mobilizing and managing financial resources to meet company’s long and short-term financial needs.

Expertise in independently handling all kinds of audit assignments.

More than 15 years experiences in Finance, Accounts and Commercial areas.

Chosen by management as a core team member for development and implementation of in House developed ERP system for Finance & Accounts applications.

Preparation & Presentation of various MIS reports with skilled MS-Office applications.

Other Work experiences include Accounts Finalizations, Strong exposure in Bank Audit, Revenue Audit and Statutory Audit of medium scale organizations etc. PROFESSIONAL EXPERIENCE

A. Simplex Infrastructures Limited, Kolkata, India ( 01.02.2008 to till date) Designation: Senior Manager

Company Profile: Simplex Infrastructures Limited is a renowned Infrastructures Development Company established in 1924 and present turnover of more than 5800 crores. This is an ISO Certified Company with more than 350 projects valued from 100 to 10000 Million INR scattered across India and Abroad. The share of this Company is listed in BSE, NSE and almost all major stock exchanges in india. Major Responsibilities:

Commercial:

Commercial Coordinator of various projects like Water Pipe Line & Road project, Sewerage

& Drainage Project, Housing Project, Piling Project etc.

Contract Cost and Revenue recognition of various projects as per AS 7 (Billed, Unbilled, Variation, claim etc).

Control & monitoring of Sites Commercial Operations including Treasury Operation, Supplier bill processing, Supplier Payment, Inventory Control and Accounts updating for monthly accounting closing.

Computation of GST payable as per GSTR 1 and provided data as per GSTR 3B state wise various project.

Reconciled of Input GST with GSTR 2A and take necessary action against the supplier for payment of GST.

Analysis and presentation of various MIS Report required by management.

Debtors and creditors management at Site.

Analysis of Monthly Planning & Actual Work done.

Materials and RMC Reconciliation with Work done

Materials Rate Analysis.

Site wise Profitability analysis (Quarterly).

Analysis of Fund Requirement at Site Level.

Sub-Contractor bill reconciliation and analysis for verification of Labour Cost.

Scrutinizing all TDS, GST and other tax related issues and compliances for sites.

Project accounts finalization and assisting Zonal office for all closing procedures in every quarter ending.

Conducting Internal Audit within all commercial aspects at Project level.

Implementation of Company Policy and conducting training & Implementation of ERP.

Coordinating with the development team for development/customisation of software. Finance:

Consortium fund management (Fund base and Non-fund base).

Monthly fund requirement for repayment of Loan like – Installment of Auto Loan, Equipment Loan, STL, WCDL, ICD etc and timely ensuring to the Management.

Calculating of Interest of ICD given and issue advice to the borrower for Interest and repayment of ICD

Monitoring Bank Guarantee – New Bank Guarantee issue, BG extension, revision, collection of expire BG from party, instruction for closer of BG or cancellation of BG. Checking of BG commission and account for it properly site wise.

Managing of new LC issue, BOE and party bill against LC with the coordination with Site.

Checking of Bill summiting for Bill Discounting with the Bank. Auditing:

Team member - finalization of Accounts (Site, Zonal & Registered office).

Preparing of various schedule and audit document relating to Statutory Audit.

Conducting verification of books of accounts to detect any possible fraud and ensuring that accounts prepared are both reliable & prepared in accordance with set guidelines.

Evaluating internal control systems / procedures, preparing audit reports with a view to highlight the shortcomings and implementing necessary recommendations.

Understanding audit requirements; observing & validating process for following quality procedures.

Preparing documentation for audit observations and the conclusions derived.

Giving recommendations on internal control and process improvement.

Managing the complete planning and management activities for ensuring completion of various types of audits within the time and cost parameters. Team Management:

Recruiting, Leading, Mentoring and Motivating Team ensuring optimum performance.

Imparting Training to the team members for enhancing their skills, channelising their aspirations in accordance with the organisations goal to deliver positive results.

Appraising the team, motivating them to deliver positive results. Accountability:

Coordinating with Site team member.

Organising & conducting training programs at site to involve in the existing staffs in the ERP orientation.

Coordinating with the project managers, commercial managers & the RO and assisting them regarding the accounting in ERP. Analysing the various MIS reports & reporting it to the higher management.

Giving suggestions to the IT Development cell for necessary development in the site solution to solve various practical problems faced in implementation of Oracle 10g. ERP development & Implementation:

Business Requirement mapping (As Is & To Be), Business Requirement definition & Other functional documents during operational analysis and solution design phase in consultation with Various levels of management of the company.

Preparation of checklist & steps for implementation.

Defining & Classifying ERP access right amongst employees in new as well as existing sites.

Site visit for ERP implementation, training & support. Project Accounting:

Previously managing the complete Project Accounting as Commercial In charge in various projects.

Finalisations of Accounts and other Commercial Activity (Like Statutory Liability, Payable, Client bill, Agreement of Hiring, Sub-contractor, etc).

Monthly Fund requirement analysis and co-ordinate with the Registered Office.

Profitability Analysis of Project.

Projection of future cash flow of the project.

MIS report as required by the management time to time. Attainments:

Contributed in implementation of ERP with PWC through Oracle 10g.

Implemented Site Solution (Software Package Oracle 10g) at the various project sites. B. J F DASTOOR & CO., Chartered Accountants MAY,03 – JAN,08 Working in the capacity of Senior Audit Manager from May 2003 and become a partner from December 2004

MAJOR ASSIGNMENTS:

BODY CORPORATES:

1. STATUTORY AUDIT, TAX AUDIT & INTERNAL AUDIT:

DREAM BAKE PRIVATE LIMITED – Licensed manufacturer of “Monginis” brand of confectionery in India.

COLORIANCE TINTEGRATED PRIVATE LIMITED - Manufacturer of Machinery for Paints Industry

DESIGN CENTRE FOR ELECTRONIC SYSTEMS PRIVATE LIMITED – manufacturer of electronic component

SOUTHERN BAKERIES PRIVATE LIMITED, Bangalore – Manufacturer of Food Products Q-ONE TECHNOLOGY PRIVATE LIMITED – Manufacturer of Food Processing Machinery. SIGMABIT TECHNOLOGY INDIA PRIVATE LIMITED – A Software company Gradient Wire Products Pvt. Ltd. – A 100% EOU Manufacturer of Engineering Products

SNOW LION FOODS PRIVATE LIMITED – Manufacturer of Food Products KHAITAN ELECTRICALS LTD, Kolkata

LASER ADVERTISING PRIVATE LIMITED – An Advertising Company VANTAGE ADVERTISING PRIVATE LIMITED (Mumbai, Chennai) – An Advertising Co. SELVEL MEDIA ADVERTISING PRIVATE LIMITED (New Delhi) - An Advertising Company SWITZS FOODS PRIVATE LIMITED - Licensed manufacturer of “Monginis” brand of confectionery in India.

2. MISCELLANEOUS ASSIGNMENTS:

BANK OF INDIA (STATUTORY BRANCH AUDIT)

UCO BANK (STATUTORY BRANCH AUDIT)

BANK OF BAR0DA (CONCURRENT AUDIT)

STATE BANK OF INDIA (REVENUE AUDIT)

KARMA KUTIR, NGO FOR DEVELOPMENT OF WOMEN

SREE RAMKRISHA SATYANANDA ASHRAM, AN UNIT OF RAMAKRISHNA MISSION INDIAN PHOTOBIOLOGY SOCIETY, Jadavpur University

VIVEKANANDA VIDYAPITH

APOLLO GLENEAGLES HOSPITAL EDUCATIONAL TRUST.

UNITED SPRITS LTD.(UB GROUP), Kolkata

APOLLO GLENEAGLES HOSPITAL LIMITED, Kolkata

ACTIVITIES:

1. Independently handled day to day accounting functions 2. Preparation of Trial Balance, Profit & Loss Accounts, Balance sheet and other related accounts.

3. Scrutinised and monitored preparation of ageing reports of Debtors/creditors and Funds Management

4. Income tax, TDS, preparing and filling of Quarter E-TDS return. 5. VAT, Excise (Input Credit & Output calculation) 6. ROC Return filling (E-filling)

7. Preparing of Income Tax Return and E- filling

8. Updating the Board of Directors regarding the current affairs of the Company through submission of timely report.

ARTICLESHIP

A. R MAITI & CO., Chartered Accountants

During my articleship, I gained exposure in Statutory Audit, Tax Audit, Internal Audit, Bank Audit, Stock Audit and Bonus Audit while conducting audit of some well-known Corporate, Nationalised Bank & Tea Gardens.

EDUCATION AND PROFESSIONAL DEVELOPMENT

CA: The Institute of Chartered Accountants of India, 2004 B.Com (Hons) :Bankura Sammillani College, Burdwan University Place: Kolkata

Date:

(Somnath Gorai)

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