SUMMARY OF SKILLS
Strong accounting background Project management
Leadership
Auditing and Investigation Financial analysis Interpersonal
skills
GAAP interpretation Reporting and presentation Budgeting
IT Systems + applications (Office/ Business Proposal
Negotiation
Tax software/Oracle/SAP/
Accounting Software/Case ware)
QUALIFICATIONS
A successful Senior professional with extended experience in the public and
private (including Crown Companies) sectors (Fortune 500), a Bachelor of
Commerce Degree and CGA and CA designation, deep knowledge of full cycle
accounting, periodic accounting and reporting, setting up controls and
procedures, financial analysis and reporting, system design, taxation (both
direct and indirect) and auditing, and an excellent record of exceeding
Senior Management expectations leading to the following selected
accomplishments:
ACHIEVEMENTS
Organized the timely completion of financial statements for a large
institutional client, Norinchukin Bank Japan (Asset value over $5 billion)
under multi-currency horizon - scheduled successive conference calls,
organized activities within our section team members, coached few members
in the preparation of financial statements, maintained healthy follow up
and finally responded to queries for audit and client
Completed financial feasibility study (project supported by CIDA in
accordance with the bi-lateral agreement between Canada and India) of three
fossil fuel based power plants (over 60 -200 MWe generating capacity) based
on different technologies - developed an Excel model to calculate the
payback period, NPV and IRR, including sensitivity calculations for varying
input parameters - study was used as a resource to obtain financial
assistance (~$200 million) for the renovation of an old power plant
Planned AR reconciliation (over 10,000 customers, 3 years reconciliation) -
required freezing of customer accounts worth over $300 million - reported
project status to Senior Management (including Director Marketing and
Director Finance) on a bi-monthly basis - supervised the recruitment
process of CA firms for the project, delegated tasks for teams in regional
offices and branch locations (over 150), guided them in the reconciliation
process and approved adjustment entries
Advised Senior management on sales tax appeals over 200 million $ and also
represented industry towards amendment to sales tax laws resulting into
refund of taxes over millions of $
Managed (single handed) overseas project, financed by CIDA, major power
houses in India, Dalhousie University Nova Scotia and other private firms -
which includes budget (total amount over 3 million $) maintenance,
negotiation with overseas partners (including Power Ministry
representatives of India), legal compliances, preparation of ongoing
project reports and presentation to financiers, project accounting, audit
coordination with major financiers
Introduced suitable accounting software for the research company
(QuickBooks) and adopted all control procedures - designed suitable records
to satisfy SRED (Scientific Research and Experimental Development) claims
($30k/year) in accordance with CRA (Canada Revenue Agency) guidelines
Created fixed asset sub ledger for divisions from consolidated records and
tied to GL balance division wise. Switching sub ledger to new application.
Prepared depreciation procedures in compliance to GAAP for Capital work in
progress worth over million dollar
EDUCATION
Certified General Accountant (CGA) Canada Cost and Works
Accountant (AICWA) India
Chartered Accountant (ACA), India Bachelor of Commerce
(Hons.) India
WORK EXPERIENCE
Senior Accountant Aug 2012 -
Sep 2013
Biswanath Chakrabarty & Co. Certified General Accountants
. Overall administration for all the group companies
. Conduct field work associated with various clients audits using Case
ware tool
. Tax Specialist using Profile software
. Client administration
. Setup office procedures and manuals
Financial Analyst
Jan 2010 - Aug 2012
Liberte Inc. Canada (Organic food manufacturing and Distribution in NA)
. Review and monitor product returns (magnitude over $ 5 million yearly)
from chain of stores (cross Canada) and setting up control procedures;
reduced returns over half a million $ against last year and budget for
this year
. Management reporting on key factors on weekly/monthly basis
. Setting up various key reports for Senior Management areas like
optimum product distribution and pricing
. Set up procedures for usages of pallets leading to reduction in
wastages across Canada locations
Cost Accountant March
to Dec 2009
Go Transit (Since merged with Metrolinx) Toronto ON
. Compiled periodic financial statements (including notes to accounts),
month end schedules and audit coordination,
. Extracted variance reports on capital and operating budgets from GL
using Oracle financial package
. Compiled year end reports for the Provincial Ministry and responses to
Provincial Sales Tax audit for expenses
. Investigated various internal expense accounts in accordance to
delegation and procedures
. Compiled capital budget (over billion $) for 2009-10 for the new
entity
Senior Accountant Sep 2006 -
Feb 2009
Travelex Canada Ltd., Toronto, Ontario
. Managed Fixed Asset accounting for multi divisional North American
Group Companies (including manual preparation), booking depreciation
as per GAAP, and responding to audit queries
. Reconciled and approved journal entries for Group companies'
transactions and some balance sheet items
. Compiled reports for the Government labour department on payroll
information
. Assisted for compiling periodic Management Information for the Group
Head Quarter
Financial Analyst Jul to Sept 2006 also
Dec 2005 to Feb 2006
Mackenzie Financial Corp., Toronto, Ontario
. Lead a group of analysts to prepare review and analyze financial
statements and performance reports for mutual funds (net asset value
of $100 million - $4 billion) multi-currency, reported portfolio
compliance performance to external bodies
Senior Manager - Offshore Fund Administration April
to Jun 2006
State Street Canada Inc., Toronto, Ontario
. Reviewed financial statements and management reports (prepared as per
GAAP under US, IFRS and also Canadian) for large overseas
institutional funds multi-currency environment, supervised five
management staff
Project Administrator and Financial Analyst Aug
2001 - Sep 2005
Greenfield Research Inc., Halifax, Nova Scotia
. Controllership role for the overseas project group (Dalhousie
University) which included the maintenance of full cycle accounting,
audit coordination, three direct reports
. Installed accounting software and internal controls, arranged Sales
Tax return filing and claiming refunds, assisting external agency for
filing corporate tax returns
. Budgeting and tracking variances, periodic progress report
presentation to CIDA and other financing agencies
. Business planning,, feasibility report preparation and presentation,
negotiation with project partners and vendors for the prototype boiler
manufacturing in India, coordination for onsite training course with
various power utilities
Financial Analyst Jan to May
2001
Ministry of Health, Mississauga, Ontario
. Compiled two years funding settlements among various LTC (Long Term
Care) units under the Mississauga jurisdiction, refunded settlement
for over $200 million, assisted in the annual budgeting process
Assistant Vice President 1998 - 2000
Reliance Group of Companies, India (Fortune 500 Company)
. Managed project sales tax, which includes the issuance of tax
exemption certificate (worth $200 million annually) from the ST
Authority for the world's largest oil refinery in Jamnagar, Gujarat,
. Studied various cost/benefit alternatives for inter-company
transactions
. Involved in designing RDBMS output formats according to SAP
specifications for area sales tax
Senior Manager Finance 1985 - 1998
Indian Oil Corporation. Ltd. India (Fortune 500 Company), India
. Managed key activities like, Regional Bank Reconciliation for over 150
bank accounts across the Western Region, Payroll disbursement and tax
remittances for over 3,000 employees located over 100
locations(scattered geographically), AP functions for internal as well
as external vendors numbering over 5,000, Employees (over 15,000)
Retirement Funds (worth over 100 million $) investment(compliance to
Statutory regulations) and accounting, regional Sales Tax payments
(over 100 million $ monthly across five states) and also Sales Tax
Assessment proceedings, AR(average balance of 1.5 billion $)
accounting for over 10,000 customers, invoicing for supplies to
Government customers for monthly billing over 100 million $ and follow
up for their settlement. Direct reporting five management staff who in
turn supervised activities of staff members over 50 numbers.
. Approved payments for all the payments for vendors, Sales Tax, Salary
and closing journal entries for outstanding liabilities, advances,
prepayments, fixed assets, write offs
. Bi-monthly reporting and presentation on status of reconciliation on
AR, Bank reconciliation and Sales Tax disputed cases to the executive
Directors
. Coordinated for month and year end activities for the above functions
which included replies to auditors, external, internal and also
Government Auditors
. Advised Senior Management on legal issues and legal cases on sales tax
and excise matter
. Represented finance member for various negotiation with outside
agencies for ongoing tenders like, finalizing land purchases, zonal
contract for hauling fuel oils, ongoing capital projects worth over
millions of $
. Appraised Annual Performance for direct reports and also reviewed that
for staff members
. Prepared periodic financial statements(in accordance to Generally
Accepted Accounting Principle and other Statutory regulations), notes
to accounts and MIS for regional finance operations and reported to
Head Office
. Maintained regional revenue budget under Activity Based Costing which
includes, designing budget formats, coaching field managers,
compilation of preliminary data, presenting to management committee
for review and approval, circulating approved budget to cost centre
managers, sending cost reports and variances to cost centers,
collecting reasons for variances, coordinating for revision in the
original budget numbers and arranging for submission of revised
budgets
. Maintained production accounts for lubricants (annual turnover over 70
million $) which includes, raw material costing (standard costing ),
arrangement for cost of finished goods, margin variance analysis,
settlement of the variances with Government authorities
. Involved in system implementation under main frame environment for
areas payroll and lubricant production accounts; which includes
designing output formats, building controls in the output statements,
delegating work under changed environment among various work groups in
locations and regional office both.
. Faculty for subjects finance, taxation and accounting for every sphere
of employees including Senior Management