Contact Details

+91-941*******

ad4tcs@r.postjobfree.com

Bhilwara, Rajasthan, 311801, India

Basic Details

Gender Male

Date of Birth 1987-09-25

Blood Group B+

Relationship Married

KAMLESH SOMANI

Job Search Preferences And Looking For

Current Work Status Open to Work

Work Type Full Time

Position Designation General Manager

Expected Salary 22 Lakh +

Location Rajasthan

Notice Period Duration 30 days

Profile

As a seasoned professional in account and finance, a detail-oriented auditor with a wealth of experience executing meticulous audit procedures, encompassing thorough reviews of transactions, documents, records, and reports. With a keen eye for detail and a commitment to precision, brings strong analytical skills and a logical approach to problem-solving, consistently achieving targets with accuracy and effectiveness. Proficient in fundamental accounting, auditing, and taxation principles, ensuring compliance with legal provisions and accounting standards while navigating complex financial landscapes. Skilled in the finalization of financial statements, conducting insightful analysis to provide valuable insights for strategic decision-making. Additionally, excels in identifying opportunities for process enhancements, leveraging expertise to drive efficiency and ensure organizational effectiveness. KEY SKILLS

Accounts System Management

Taxation Compliance

GST Reconciliation and Filing

Banking Operations Oversight

Stock Exchange Reporting

MIS Reporting

Cash Flow Management

Import/Export Compliance

Financial System Review

External Tax Advisor Coordination

Credit Facility Arrangement

Statutory and Tax Audit

Employment History

AGM Finance & Accounts, A Infrastructure Limited, Hamirgarh, Bhilwara May, 2022 - Present

Developing and maintaining the Accounts System, ensuring day-to-day control and accuracy. Managing all taxation-related matters, including Income Tax, Sales Tax, Service Tax, and GST. Handling GST reconciliations, filing of GST Returns, refund applications, and GST Audit. Overseeing banking tasks such as preparing Daily Bank Reports, Payment Planning, and E-Net Payments.

Preparing Quarterly financial results for submission to Stock Exchanges. Performing MIS-related tasks to provide accurate and timely financial information for decision-making. Regularly updating Accounts System to comply with regulatory changes and industry standards. Addressing taxation queries promptly through effective collaboration with stakeholders. Monitoring cash flow projections and optimizing banking processes for enhanced liquidity management.

Manager Finance & Accounts, Modern Woollens (A unit of Modern Threads (India) Limited, Bhilwara

September, 2016 - May, 2022

Developed and maintained the Accounts System, oversaw day-to-day control, and finalized Balance Sheets.

Managed all taxation matters including Income Tax, Sales Tax, Service Tax, and GST, including reconciliations, filings, refunds, and audits.

Handled all banking tasks such as preparing Daily Bank Reports, Payment Planning, and E-Net Payments.

Managed all Import/Export related work including Discounting of Documents, Export bill collection, and Payment of Import Documents.

Prepared Quarterly financial results for submission to Stock Exchanges, and handled Stores and raw Material purchase bills and vouchers, and ledger account scrutiny. Conducted periodic reviews and updates to ensure compliance with changing regulations. Coordinated with external tax advisors and authorities to address complex tax issues. Negotiated banking terms to optimize financial services and minimize costs. Managed Import/Export documentation and ensured compliance with customs regulations. Head of Finance and Accounts, DeeKay Agencies, Bhilwara June, 2013 - August, 2016

Led the development and maintenance of the Accounts System, ensuring day-to-day control and overseeing the finalization of the balance sheet.

Managed Income Tax, Sales Tax, and Service Tax matters, including compliance, filings, and assessments.

Generated MIS reports in various formats as required by management, providing key insights for decision-making.

Handled other accounting and taxation-related tasks as assigned. Managed the assessment under section 153A of the Income Tax Act, 1961 for Deekay Agencies, Sneh Agencies, and Unnat Associates from A.Y. 2007-08 to A.Y. 2013-14. Prepared and submitted appeals to CIT (Appeal) as part of the tax assessment process. Prepared and submitted explanations for material seized during Search under section 132 of the Income Tax Act.

Assistant Manager, Swaraj Suiting's Pvt. Ltd., Bhilwara April, 2012 - May, 2013

Arranged and maintained various credit facilities, fostering relationships with bank officials. Liaised with bank officials to negotiate favorable credit terms. Developed and controlled systems, overseeing day-to-day operations and balance sheet finalization. Managed Income Tax, Sales Tax, and Company Law compliance matters. Offered guidance on tax planning strategies and legal compliance. Conducted periodic reviews to ensure financial system efficiency. Articleship, Pokharna Somani & Associates (Chartered Accountants), Bhilwara November, 2006 - May, 2010

Managed Direct Taxes for SMEs and Individual Clients, including filing Income Tax, TDS, and Service Tax Returns.

Conducted Statutory and Tax Audits for SMEs, Partnership Firms, and Individual Clients. Provided Project Finance Consultancy, preparing financial projections and estimates for securing finance from banks.

Handled Indirect Taxes, including conducting periodic VAT audits, preparing quarterly and annual returns, and obtaining registration and various forms from the Sales Tax Department. Conducted Internal Audits and Concurrent Audits for Allahabad Bank – Bhilwara Branch.

Education

Professional Degree in CA Final,

The Institute of Chartered Accountants of India, 2011 - Completed Professional Degree in CA IPCC,

The Institute of Chartered Accountants of Indi, 2010 - Completed Bachelor degree in Commerce, M.L.V. Govt.College, Bhilwara, MDSU, Ajmer, 2008 - Completed

12th, Govt Secondary School, Gangapur, Rajasthan Board of Secondary Education, 2005 - Completed

10th, Govt. Sr. Secondary School, Gangapur, Rajasthan Board of Secondary Education, 2003 - Completed

Languages

English

Hindi

Skills

Microsoft Office - (Microsoft Word, Excel, PowerPoint, Outlook, Access)

SAP, Tally.ERP 9, Genius

Licenses & Certifications

Computer Training

ICAI

Interest and Hobbies

Reading

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