Accounting Management
Resume:
Deepak Kusuma Mumbai-India
ContactNumber:+917********* ************@*****.***
Career Objective: With a professional track record, I aspire to take up a challenging assignment where in my diligence and expertise contributes to the accomplishment and further for the growth of the organization.
PROFESSIONAL SUMMARY
Finance and accounting expert with more than 9 years’ of experience in development of short and long term financial plans and forecasting for group companies.
Hands on experience in managing accounting, finance and other activities viz.Day to Day Accounting, Budgeting, receivables, payables, Payroll Accounting, Audit, statutory compliance, coordination with banks, etc.
A result driven, self-motivated and resourceful Chief Accountant with a proven ability to provide key financial data.
Hands on Experience in computerized financial statements by using accounting packages like Tally ERP & SAP.
Core Competencies:
Financial Accounting
Audit & Accounts Finalization
Accounts Payable / Receivable
Team Management
Treasury Management
Projections
Group Loan Accounts
Imports & Exports Documentation
Cash Flow Management
Costing, Budgeting
Inventory Management
Statutory Compliance Payroll Management
Inter Company Balances
Banking
Forecasting
Variances & Analysis
KEY RESULT AREAS
Career Highlights
Dealing with auditors for complete the audit of group companies.
Consolidation of Accounts as per IFRS & IGAAP
Implementing proper internal control systems and ensuring the compliance of the same.
Coordination with Internal & Statutory Auditors.
Closure of books on periodically and preparation of relevant reports. i.e. Variances analyzed and reported to management regularly.
Preparation of financial plans, budget and variance analysis reports with actual.
Bank facility for fund & Non fund base to fulfillment of working capital finance as well as project finance by long term finance.
Monitoring the currency movements and advising to the management on time to time.
Hands on experience in Inventory Management
Keeping the statutory compliance of the company.
Preparation of Group Companies Loan Statements.
Worked with GFC to create annual budget and tracked actual expenses against projected expenses.
Preparation of Management Accounts for Quarterly, Half Yearly & Yearly of Group Companies to submit banks for Overdraft Facilities Renewal.
Closure of books on periodically and preparation of relevant reports i.e Variances analyzed and reporting to Management regularly.
Coordination with Statutory Authorities for Completion of Assessments, Audits & Refunds.
Liaising with bank for LC, Guarantees, Indemnities, Surieties whenever needed & refinancing loan to meet working capita requirements.
Projections for next Five years to Ten years Plan as required by Organization.
Financial Accounting
Monitoring, Controlling & Planning of daily activities
Monitor the process of monthly closing of books. Ledger Scrutiny at each period ended.
Performing detailed back Office Accounting Process entailing Accounts Receivables, Payables, Banking, Client Account Reconciliation, Bank Reconciliation, General Ledger Accounting, Payroll accounting and spanning different teams.
Audit & Accounts Finalization
Experience in analytical review of statement about financial position & indicators, performance, etc.
Coordinate with Internal and Statutory Auditors for conducting periodic audits; evaluate Internal Control Systems to identify the flaws and implement necessary processes to overcome the defects in the existing system
Treasury
Preparation of Cash Budgets and analysis of variance
Monitoring the foreign Currency movement
Working capital management, to ensure maintain the adequate and optimum level
Experience in submission of required information for fund raising
Costing
Experience in capture the actual cost and analyze the reasons for variances
Experience in verifying the operational efficiency levels and recommend various cost control measures for improving bottom-line performance.
Implementation of cost control and cost reduction techniques in the organization
Product & Price analysis review on periodically.
Inventory Management
Monitoring the Stock Movements
Finding the fund block areas like nonmoving stock, debtors and implement for quick liquidity to improve the return on investment.
Stock reconciliation and Valuation on end of the periods.
MIS
Profitability statement on monthly basis
Variance Analysis Reports (Profitability, Budgets, etc.)
Key indicators performance statement
Analysis Reports for payroll division.
Accounts Receivables/ Payables Management
Monitor the bills receivables after invoicing and diligently maintain the records.
Follow up with clients on the basis of receivable aging
Ensure all payments are made timely to the suppliers and execute fortnightly Vendors Payments Processing.
Analyze the gaps in various paying patterns and implement processes to fill those gaps
Proactive schedules for trial balance, i.e. Revenue, Staff Cost, Advances, Debtors, Creditors,Rent, Deposits, Loans, operative and maintenance cost & etc.
Statutory Compliance & Payroll Management
Manage due diligence of various accounts & taxation matters of the company
Coordination with statutory authorities for completion of assessments, audits & refunds
Monitoring the employee benefits outflow on account of associates detachment from service
Monitoring the Statutory Payments and make sure Corporation Tax paid before due date.
EMPLOYMENT HISTORY
Worked as a Chief Accountant with Bhachu Group, Nairobi, Kenya. Bhachu Group consists of Bhachu Industries Limited, Accurate Steel Mills Limited, Tembuland Ltd, Farmica EPZ Ltd & Encivil Holdings Ltd. Bhachu Industries ltd engaged in manufacturing of Trailers, Tankers etc. and Accurate Steel Mills Ltd engaged in manufacturing of Steel Products. (Feb-2014 to Mar-2020)
Feb 2011- Nov2013
Worked as a Auditor in KLN & CO., Chartered Accountants, Visakhapatnam, India.
EDUCATION
Masters of Business Administration (MBA) in Finance from JNTU University, India 2008-2010
Bachelor Degree in Commerce (B Com) from Mumbai University, India 2003-2006
Higher Secondary College from (12th) Andhra Education Society School & College, India in the 2001-2003
Secondary School of Education from (10th) Sitaram Prakash High School, completed in the year 2001, India
Certification in Financial Market in A Grade from National Stock Exchange in the year 2011
Project Work-Online Share Trading from Religare Securities Pvt Ltd in the year 2010
TECHNICAL SKILLS
Proficiency in WINDOWS and MS Applications such as WORD, EXCEL, POWER POINT etc.
Expert working experience in Tally ERP.
Knowledge in Tally ERP, SAP & Quick Books Accounting Package.
PERSONAL PROFILE
Date of Birth : 23rd July 1983
Nationality : Indian
Passport Number : L5193890
Marital Status : Married
Driving License : Yes
Languages Known : English, Hindi, Telugu, Marathi
References
1.Mr. Bhaskar Rao Eadara
Group Financial Controller (Left on Sept 2019)
Bhachu Industries Ltd
Phone: +254*********
2.Mr. Robert Muthiani
Human Resource Manager
Bhachu Industries Ltd
Phone: +254*********
3.Mr. Simon Aginga
Accountant
Bhachu Industries Ltd
Phone: +254*********
Place: Mumbai, India
Date: 12/12/2020 (K. DEEPAK)
Contact this candidate