Resume

T.S. Mohan

Date of Birth : **th June ****.

Age : 53 Years.

Father’s Name : T.V.Sathiyamurthy.

Permanent Address : No.38/2, Neels Garden 3rd Street, Sembiam, Perambur, Chennai 11.

Mobile No. 994*******.

Mobile No. 893-***-****.

Email: ad3k2h@r.postjobfree.com.

Educational Qualification : ACMA – Associate Cost Accountant Passed during the The year 2010 and holding Associate Membership bearing No M-32345.

MBA – Finance Studied at the University of Madras and Passed in First Class during the year 2009.

B.Com Studied at Pachaiyappas College and passed in First Class during the year 1992.

C S Stage Level 1 passed during the year June 2012. Presently Worked : Manager Costing

K Lite Industries, Ambattur.

Manufacturer of Lighting both in Luminaries, Poles and also in custom-built as per Customer need.

(From March 2022, to Jan 2024).

(1 year and 11 months).

Previously Worked : Manager Finance

M/s. Ace Tech Group of Companies, Guindy.

Manufacturer of Automobile products.

(From Jan 2021 to Mar 2022).

(1 year and 2 months).

: Manager Accounts

M/s. Express Publications (Madurai) Pvt Ltd,

The New Indian Express Group, Chennai.

(From Aug,2018 to Feb,2020).

(1 year and 7 months).

: Senior Manager Accounts

M/s. CRP India Pvt Ltd, Thirumudivakkam,

Manufacturer of Automobile Die Castings.

(From Dec,2014 to Dec, 2017).

(3 years and 1 month).

: Manager – Finance

M/s. Alkraft Thermo Technologies Pvt Ltd, Ambathur Manufacturer of Automobile Radiators, Intercoolers

& Oil Coolers.

(From Apr 2013 to Sep 2014).

(1 year and 6 Months).

: Manager – Accounts

M/s. Shardlow India Limited, Perambur,

(M/s. Simpson Group)

Manufactures of Automobile Crank Shafts.

(From Dec 2010 to Jan 2013).

(3 Years and 1 Months).

: Executive - Finance

M/s. SPEL Semiconductor Ltd, Maraimalai Nagar,

(Subsidiary Company of SPIC)

Manufactures of Integrated Circuits and Assembly

& Test Company.

(From Feb 1993 to Oct 2010).

(17 years and 9 Months).

Present PortFolio:

K-LITE Industries, Ambathur, Chennai has been a Lighting Industry for 45 years with ISO 9001:2000 certified and is a unit of “Kumbhat Group”. K-Lite specializes in the Design, and manufacture of various kinds of Luminaries, Poles both in Standard as well as in Custom Build as per the requirements of Customers. Name of the Organisation: K-LITE Industries, Chennai Ambathur,

(From Mar 2022 to till date).

Designation: Manager Costing.

Accounts & Finance

Analyzing the Monthly Profit & Loss account statement and addressing the same to the management.

Verifying and analyzing the monthly Cash Budget.

Verifying and authorizing all the payment vouchers before disbursement for payment.

Analyzing the age-wise outstanding collections to be received from the customers.

Vouching and verification of General Ledger.

Verifying the Monthly Bank Stock Statement.

Approving the Purchase Orders by analyzing the Procurement price in tally to ensure the optimal least cost so that impact will be given to the cost of the product.

Verification of Statutory Compliance.

Assisting in determining the Cost for Insurance Claims due to Flood.

Internal Inventory physical stock Audit by comparing the stock with ERP any excess or shortages in quantity the report is to be submitted to the management.

Assisting and Coordinating with Statutory Auditor for the closure of year-end accounts. Costing

Daily determining the List Price for the Custom Build poles and also for the standard product by declaring the prices in ERP for the request raised against which Orders will be placed by the Customer.

Daily determining the Discounted Price for the customer care components for the request raised in ERP against which Orders will be placed by the Customer.

Interacting with the Design and R & D Team for deviation in the product specification when compared to the standard product for which a request has been received for pricing against which Orders will be placed.

Monthly Budgeted Sales vs Actual achieved and analyzing the variance by submitting the report to the management.

Determining the Break-Even Point for the Year.

Preparation of Budget for the next year along with BEP and determining the sales required to earn desired profit.

Determining the Cost for the New Product Development and submitting the same to management for approval and decision-making.

Duly Verification of the BOM along with the Physical Product and updating the BOM in Tally Prime.

Determining the Product Costing for each product analyzing for contribution analysis and addressing the same to the management.

Key Accomplishment :

Addressing the management after analyzing the Audited Balance sheet for Sales trends is not in line with the cost incurred under the respective heads.

Addressing the management of the implementation of yearly budget and monthly budget so that desired objective can be achieved.

Addressing the management for the Integration of records.

Addressing the management for Pricing Methodology for effective quoting in the tender. Previous Portfolio :

Ace Tech Group of Companies is a manufacturer of Fuel tanks, Hydraulic Tanks & Fabricated Components. Name of the Organisation: M/s. Ace Tech Group of Companies, Guindy.

(From Jan,2021 to Mar,2022) – 1 year and 2 months. Designation: Manager Finance (Corporate General Finance)

Monthly preparation and analysis of the Cash Budget for each entity.

Optimum utilization of LC Limits for Raw Material procurement and planning for a repayment plan.

Determining the inflow of funds for the month by analyzing the age-wise analysis of Sundry Debtors.

Determining the outflow of funds for the month by analyzing the age-wise analysis of Sundry Creditors.

BG Opening and BG Closing on the claim date to reinstate the Non-Fund Limits.

Liquidation of Margin Money on repayment of LCs on the respective Due Dates.

Monthly Statement of Loans Outstanding Statement for submitting the report to the management.

Arranging for LC Counter Guarantee and BG Counter Guarantee at the time of takeover by the New Banker.

Arranging for “No Due Certificate” and Satisfaction of Charge” from the existing Banker.

Discharge of MOD from the existing Banker.

Authorizing all the payment vouchers.

Reinstate of BG on the Claim Date.

Preparation of Projected CMA.

Preparation of Monthly Stock Statement to Bank.

Submission of IDPMS documents like Invoices, Packing Lists, Shipping bills, and Bills of Entry for all the Imported procurement of Raw Materials, Spares, and consumables to our Banker.

Submission of EDPMS documents like Invoices, Packing Lists, Shipping Bills, and Bills of Entry for all Export Sales made to be submitted to the Banker for realization of inflow of funds.

Verification of all the Statutory workings and authorizing the same.

Verification and analysis of Monthly Profit and loss account and Balance sheet.

Coordinating with the Internal and Statutory Auditors for closing of the books of accounts.

Verification every month of GSTR-1 Computation, and GSTR-3B Computation, and authorizing the same. Reconciliation of GSTR 2 with the GSTR 2A and also resolving the GSTR 1A, line auto- populated in the portal.

Monthly Budget vs Actual Analysis and addressing to the management for the variances that will affect the profitability of the company.

Arranging various documents required for the Renewal of Facilities and also for new Funding proposals.

Coordinating with the bank-nominated Auditors by necessary documents required for Stock Audit.

Contribution Analysis for each product and addressing to the management the products that will not have sufficient contribution to absorb the Fixed Cost.

Key Accomplishment:

Addressing the management about the LC utilization in the procurement of Raw Materials is not in line with the Customer order requirement and also thereby excess holding in inventory leads to Cash Crunch.

Previous Portfolio:

Express Publications (Madurai) Limited is a leading newspaper company with more than 85 years of strong journalism in the print media – The New Indian Express, English Daily. Name of the Organisation: M/s. Express Publications (Madurai) Ltd, Chennai

(From Aug 2018 to Feb 2020) -1 year and 7 months.

Designation: Manager Accounts.

One of the Authorized Signatories for signing all the bills for payments up to 50 Lakhs.

Managing and Controlling of Corporate Accounts and Branch Accounts.

Daily verifying and authorizing all the bills for payment.

Daily verifying and approving all the Purchase Orders.

Coordinating with the Regional Accountants for accounting issues and resolving the same in time.

Verifying the Application for Documentary Credit (Letter of credit) for sourcing of Raw materials within the Sanctioned Non-Fund based Limits optimally.

Verifying, Monitoring, and Controlling the Monthly Cash Budget.

Monthly setting of Collection Targets and Analysis of Actuals realized.

Periodic Budgeting, Improved Collections & Reducing the aging of dues from 9 months to 6 months.

Analysis and verification of Monthly Consolidated Financials and also Region-wise by giving reasons for variance.

Preparation of Monthly Cash Flow Statement.

Preparation of necessary workings and requirements for obtaining Credit Rating from ICRA for availing reduced interest rates.

Monthly Submission of Stock Statement along with the relevant supporting documents.

Preparation of CMA and other necessary reports, Funding for increasing the Working Capital Limits by transferring loans from the existing bank at reduced interest cost.

Preparation of DPT-3 workings, MSMED workings, and Indebtness Statement for ROC purposes.

Verification of all Statutory Compliance Filing.

Coordinating with the Internal & Statutory Auditors for the year-end Audit & Tax Audit requirements.

Key Accomplishment:

CMA prepared and obtained Funding of 26 Crores of Corporate Loan by preparing and Submitting all the required documents and meeting the statutory compliance.

Approached HDFC Bank for conversion of Existing Loan had with IFCI to take over Rs.30 Crores and obtained additional Corporate Loan of Rs. 8 Crores.

Controlling of procurement of Raw Materials through LC by optimizing the stock levels. Previous Portfolio:

CRP India Pvt Ltd is a manufacturer of Automobile Die Castings. Name of the Organisation: M/s. CRP India Pvt Ltd, Thirumudivakkam,

(From Dec,2014 to Dec, 2017) - 3 years and 1 month. Designation: Senior Manager Accounts.

Monthly preparing and analyzing of Profit and loss account statements and giving interpretation to the management.

Management of Cash, Management of Receivables, Management of Payables, and Cash Budget.

Management of Banking transactions like Renewal of Facilities, Submission of CMA Statement, Monthly Stock Statement, FFR-I & FFR-II Statement, Renewal of Insurance, Statement of Unhedged Foreign Currency exposure, ICRA Reports, Optimum utilizing of LC Limits, and planning for repayment. BG Opening and BG Closing on the Claim date to reinstate the Non-Fund Limits and liquidation of Fixed Deposits.

Management of Accounting like Receipts, Payments, LC Opening charges, LC Closing charges, Bank Charges, Renewal Charges, Purchases, Sales, Payroll, and Adjustment Journal vouchers for all Statutory and Capex accounting.

Monthly Reconciliation of all GST transactions, Verifying and Certifying the same.

Monthly Scrutiny of General Ledger and if any adjustment and rectification entry has to be passed.

Coordinating with the Internal Auditors, and Statutory Auditors for the closure of year-end Accounts and Tax Audit.

Completion of Sales Tax Assessment.

Key Accomplishment:

1. Completed Sales Tax Assessment for 7 years by submitting C Forms after collecting Rs. 70 Crores and thereby differential savings of Rs. 7 Crores to the company. VAT Input Certificate was also collected and submitted for Rs. 50 Crores. 2. Completion of year-end accounts within two months. 3. Addressing the management of the Actual Consumption made during the year by considering the overhead part in WIP valuation correctly.

4. Verifying in Submitting the required documents to Axis Bank for sanction of Credit Facilities with enhanced Limits at reduced cost from existing HDFC Bank. 5. Verifying and submitting the required documents for closure of pending Advance License for Import of Raw Materials and closure of EPGC License for Import of Equipments. 6. Implementation of GST Accounting Migration in star ERP and then importing into Tally by opening required Ledgers.

Previous Portfolio:

Alkraft Thermo Technologies Pvt Ltd is a manufacturer of Radiators, Intercoolers & Oil Coolers. Name of the Organisation: M/s. Alkraft Thermo Technologies Pvt Ltd.

(From Apr 2013 to Sep 2014) - 1 year and 6 months. Designation: Manager Finance

Verification of all the BOMs about the different types of products to determine the Material Consumption of each product.

Verification of Purchase Orders and approval of the same for Optimal Procurement.

Verification of Sales Orders and approval of the same.

Management of Cash, Management of Receivables, Management of Payables, and Cash Budget.

Management of Banking transactions like Renewal of Facilities, Submission of CMA Statement, Monthly Stock Statement, FFR – I & FFR- 2 Statement, Renewal of Insurance, Statement of Unhedged Foreign Currency exposure, ICRA Reports, Optimum utilizing of LC Limits and planning for repayment, BG Opening and BG Closing on the Claim date to reinstate the Non Fund Limits, Liquidation of Fixed Deposits.

Management of Accounting like Receipts, Payments, LC opening charges, LC closing charges, Bank Charges, Renewal Charges, Purchases, Sales, Payroll, Adjustment Journal Vouchers, all Statutory and Capex Accounting.

Monthly Scrutiny of General Ledgers and any adjustment and rectification entry has to be passed.

Verification of Actual Consumption when compared to previous years by determining the Material Price Variance, Material Quantity Variance, and Material Volume Variance.

Approving the Item Master, Rate Master, and Business Partners and defining GL Codification and item group for each item before generating the purchase orders and bills accounting on receipt in the SAP ONE.

Coordinating with the Internal Auditors, and Statutory Auditors for the year-end closure of year-end Accounts & Tax Audit.

Key Accomplishment:

1. Coordinating and assisting in the effective implementation of SAP One software from the accounts part.

2. Addressed to the management the Actual rejection not updated in WIP records from transfer from one process to another thereby system and control implemented to enable correct WIP Valuation.

3. Finished Good Stock Transfer to another unit, not tallying in both the records addressed to the management for effective implementation and control. Previous Portfolio:

Shardlow India Ltd is a manufacturer of Automobile products like Crank Shaft etc. Name of the Organisation: M/s. Shardlow India Ltd (M/s. Simpson Group)

(From Dec 2010 to Jan 2013) - 3 years and 2 months. Designation: Manager Accounts.

Preparation of Monthly Operating Statement and Balance sheet along with necessary schedules.

Quarterly preparation of Board Papers consists of (i) Unaudited Financial Results for the Quarter along with the Balance sheets (ii) Comparison of the previous Quarter along with the Current Quarter (iii) Computation of estimated profit for the year by considering Q1, Q2, Q3 Actual operating profit and Q4 as estimated.

Preparation of Monthly Cash Budget, monitoring the Sundry Debtors and Sundry Creditors age-wise analysis and advance outstanding.

Monthly Scrutiny of all the General Ledgers.

Verification of all the Costing Journal Vouchers consists of Raw Material Consumption, Stores and Spares Consumption, Increase or Decrease in WIP, and Valuation of Closing Stock.

Preparation of Budget for the next year along with the BEP and determining the Sales required to earn a desired profit.

Monthly E-payment of Statutory on or before the stipulated dates.

Assisting in issuing Form 16A TDS Certificates every Quarter.

Reconciliation of CENVAT RG 23A, 23C, CESS, HSE CESS between excise records and accounting.

Reconciliation of VAT (both input and capital) between accounting and monthly return.

Preparation of yearly CMA to Consortium of Bankers.

Preparation of projected profitability Statement for expansion as well as a new project along with the Cash Flow Statement.

Computation of Profit and gains of Business Statement along with the relevant annexures for Tax Audit preparation of Form No 3CD (Statement of particulars required to be furnished under section 44AB of the IT Act 1961). Preparation of Form 3CA (Audit Report under Section 44 AB of the IT Act 1961).

E- Filing of Corporate Taxation.

Assisting in ESI Assessment and completion, VAT/CST Assessment hearing and completion, CERA Audit completion, and Assisting in XBRL Filing.

Preparation of Abridged Cost Statement and Reconciliation statement between Financial and Costing profits as per the requirement of the Central Government.

Assisting in CAS 4 Statement preparation along with the Cost Auditor for submission to Excise Authorities.

Assisting in determining the Cost per unit of each product along with the company Cost Auditor.

Key Accomplishment:

1. Completed Sales Tax Assessment for 3 years both for VAT and CST after collection and submission of C Forms.

2. Standard Costing for each product for effective valuation of closing stock for the year-end closure of Accounts.

3. Preparation of CAS 4 Statement and verified by the Cost Auditor for submission to Excise Authorities.

4. Preparation of Abridged Cost Statement and Reconciliation Statement between Financial and Costing profits as per the requirement of the Central Government verified and certified by the Cost Auditor.

5. Determining the Cost per unit of each product verified and certified by the Cost Auditor. 6. CERA Audit Completed for 2 years.

7. ESI Audit Completed for 2 years.

Previous Portfolio:

SPEL Semiconductor Ltd is a manufacturer of Integrated Circuits and an Assembly & Test Company. Name of the Organisation: M/s. SPEL Semi Conductor Ltd, Maraimalai Nagar,

(Subsidiary Company of SPIC).

(From Feb 1993 to Oct 2010) - 17 years and 6 months. Designation: Executive Finance (From 01.04.2007 to 15.10.2010)

Preparation of Monthly Profit and loss account and Balance sheet along with the necessary schedules.

Preparation of Monthly Management Committee Reports consists of (i) Sales made during a particular month as against the budgeted along with the cumulative actual as against the budgeted (iii) Monthly Operation Summary along with the cumulative statement. (iv) Outstanding age-wise Bills Receivable from Sundry Debtors and Bills payable to Sundry Creditors.

Preparation of Monthly Bank stock statement along with the necessary Annexures like (i) Classifying Closing stock of Raw Materials, Spares, and Consumables. (ii) Closing valuation of Work in progress.

(iii) Sundry Debtors & Sundry Creditors outstanding during the month end. (iv) Statement of Facilities availed as against the Limits sanctioned. (v) Statement showing determination of Drawing Power.

Preparation of an Analysis Statement showing the Monthly Consumption of Raw Materials, Spares, and consumables to the respective function and report to the management for monitoring and control.

Quarterly preparation of Board papers about to Finance Part.

Submission of Quarterly Operation Statement (QOS), and Financial Follow-up Report (FFR) to Banks on a Quarterly basis.

Preparation of yearly Budget as well as every Quarter after compiling all the data received from the respective functions.

Determination of Advance FBT on the estimated expenses and remitting the same within the stipulated dates after monitoring the actual expenses made during the relevant Quarters.

Determination of Advance Income Tax on estimated profits and remitting the same within the stipulated dates after monitoring the actual profits made during the relevant Quarters.

Computation of Profit and gains of business statement along with the relevant annexures for Tax Audit preparation of Form No. 3CD (Statement of particulars required to be furnished under Sec 44 AB of the IT Act 1961). Preparation of Form No.3 CA (Audit report under Sec 44AB of the IT Act 1961).

E- Filing of Corporate Taxation.

Appearing before the Income Tax Commissioners for the Income Tax Assessment hearing and completing the assessment for three years.

Compiling the Notes on Accounts both Standalone as well as consolidated.

Preparation of Cash Flow Statements both Standalone as well as consolidated.

Preparation of all the Schedules along with the necessary breakup both for Standalone as well as Consolidated Accounts.

Determination of Closing Inventory values for Raw Materials, Spares and Consumables, Work in progress, and Finished Goods.

Worked in SPEL as a “Senior Accountant” From 01.04.2004 to 31.03.2007 recategorized as a

“Supervisor”.

Maintenance of Fixed Deposit Register and loan Register, and determining the interest accrued for giving the monthly accounting treatment in MIS.

Monthly preparation of Cash Budget, Bank Receipt, Bank Adjustment entry, and Bank Reconciliation Statement.

Verifying the Purchase Register and ensuring that the TDS amount has to be deducted on all the bills related to Contractors, Professionals, Rent, Commission, Non- Resident, Tax Collected at Source and remitting the same on or before the due date.

Monthly updating and Quarterly Filing of TDS Returns.

Preparation of Form 16A Certificate every Quarter for the TDS amount deducted and remitted.

Maintenance of Fixed Assets Register.

Preparation of Cash Flow Statement for the Renewal of yearly CRISIL Ratings on repayment of Loans obtained from banks as per RBI Guidelines.

Assisting in Cost Audit work along with the Cost Auditor.

Scrutiny of all the Ledgers and passing rectification entries if any.

Reconciliation of Holding Company account.

Exchange Fluctuation entries are to be passed both on imported outstanding payables as well as on Imported Bills Receivables at the closing rate of the year.

Determination of Raw Materials, Stores, and Spares Consumed during the year to be disclosed in Notes on Accounts.

Journalizing the differential amount due to exchange fluctuation variation between the amount accounted and the amount remitted/received on both Bills Payables and Bills Receivables.

Worked in SPEL as a “Assistant Accountant” From 01.03.1997 to 31.03.2003 and From 01.04.2003 to 30.09.2003 recategorised as a “ Accountant “.

Purchase Bills, Freight Bills, Admin Bills, and Facility Bills accounting, after verifying with the Purchase order and the relevant contract order.

Preparing age-wise outstanding of Sundry Creditors and arranging payment for the same..

Inventory Valuation for all the purchases made during the month and Maintenance of priced stores Ledger.

Preparation of Fortnight Statement for the advances given to various suppliers and follow-up bills for accounting the same.

Determination of CIF Value to be disclosed in Notes on Accounts.

Worked in SPEL as a “Jnnior Accountant Trainee” From 22.02.1993 to 21.08.1993 and From 22.08.1993 to 29.02.1997 as a “ Junior Accountant “.

Management of Cash. and disbursement of the same. Maintenance of Cash Book, Medical Reimbursement register, Travel advance register, Depositing of the collection into Bank, Cash payment, and receipts voucher accounting in Financial Software.

Accounting of Sales Invoices in Financial Software.

Administration:

1. Office Administration, Internal Control Systems, 5S Record Management.

Computer Knowledge & Technical Skills:

1. Practical Experience in MS Word, Excel, ERP, and Tally ERP-based Accounting Software. 2. Passed Type writing Lower Grade in English.

Present package :

Monthly Salary Rs..57,400 per month and CTC is 7.85 Lakhs. Joining Period Immediate.

I hereby declare that the information furnished above is true to my knowledge and belief. Date: 20.02.2024

Place: Chennai Yours Truly,

(T.S, Mohan)

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