Financial Reporting Accounts Payable

Bablu Debnath

Mobile: +91-943*******; 877-***-****

E-Mail: *******.*****@*****.***

SENIOR ACCOUNTS & FINANCIAL PROFESSIONAL

A result oriented accounts and finance professional having varied experience in Manufacturing & Service industry as well

AN OVERVIEW

A multi-faceted professional with over 22 years of extensive experience in the areas of accounting function, Planning, budgeting, Financial reporting, Preparation of financial report, Cash flow management, Ind As, Goods & Service tax, Income Tax ( Computation, return filing, Assessment), TDS,TCS and coordination with Taxation department . Co-ordination with internal / Statutory Auditor, Cost auditor and proficient in detecting defects / faults and taking corrective actions. Effective communicator & negotiator with strong analytical, problem solving & organizational abilities.

Core-functional competencies include:

- Financial Planning - Fund Management - Banking documentation

- Financial Reporting - Goods & Service Tax - LC, BG & CMA

- Balances Sheet (Ind AS) - TDS, TCS & IT return - Stock Audit

- Auditing / Compliance - Coordination & Liaison - Team Management/Training

CAREER CONTOUR

June2012 to till date > DUNCANS Tea Limited, Kolkata

Senior Manager (F& A)

Key Result Areas:

Led and mentored 8(eight) Finance professional: Ensured timely preparation and presentation of monthly, Quarterly, and annual financial statements in compliance with Accounting Standards (Ind As).

Developed and implemented financial strategies: that resulted in reduction in operational costs, Considerable increase in profitability.

Managed the full accounting cycle, including general ledger, accounts payable, accounts receivable, and bank reconciliations. Oversaw the management of accounts payable and receivable to optimize cash flow.

Prepared and presented financial reports: to senior management, providing insights and recommendations for strategic decision-making. Reviewed and analyzed financial reports to provide insights and recommendations to senior management.

Ensured compliance with relevant accounting standards (GAAP/IFRS) and regulatory requirements.

Managed the company's budget and forecasting processes, ensuring accurate and timely financial projections. Prepared and managed the organization’s annual budget, monitor its performance, and make recommendations for adjustments

Implemented and maintained robust internal control minimizing financial risk and ensuring data integrity. Implement and maintain strong internal controls to safeguard the company’s assets and ensure accuracy in financial reporting.

Coordinated with Statutory & Internal Auditor to complete both Internal & statutory Audit in time and smoothly. Liaise with external auditors and analyze costs and recommend cost-control measures to improve profitability.

Liaised with banks, investors, and other financial institutions for financing needs and relationships. Ensured statutory compliance with Income tax / GST laws and regulations by managing tax planning and reporting. Organize training programs to ensure that the team is updated on financial regulations and software .Optimize the organization’s tax position and ensure timely and accurate tax filings. Handled tax assessments, appeals, and litigation with tax authorities. Liaised with external consultants and legal advisors for effective dispute resolution.

2009-2012 SHURJO ENERGY LIMITED, HO, Mumbai, Maharashtra, Plant at Kalyani (WB)

Subsidiary of PAE Limited, Mumbai Manager Accounts

Led the finance and accounting departments for the organization. Part of the core team that worked on the development and implementation of SAP in the manufacturing plants.

Developed future business plan, prepared financials as per GAAP requirements, control CAPEX and OPEX budget, fund flow & cash flow statement.

Finalized financial statement as per Indian Accounting standards. Prepared Budget, Bank and vendor account reconciliation and reporting to CFO of the company.

Filed quarterly Service tax return, VAT & CST return and computed excise and Income tax liability.

Responsible in filing Income Tax return and computation thereof. Attended Sales Tax, Excise and Service tax assessment / hearing.

Liaised with bank and financial institutions and legal consultants in the matters of excise and income tax cases.

Implement and maintain strong internal controls to safeguard the company’s assets and ensure accuracy in financial reporting.

Liaise with external auditors and analyze costs and recommend cost-control measures to improve profitability.

Monitor financial performance and suggest initiatives to improve cost efficiency.

2007-2009 SONDODYNE INTL PVT. LIMITED, KOLKATA 2007-2009

Assistant Manager Accounts & Finance

Ensured timely preparation and presentation of monthly, quarterly, and annual financial statements in compliance

With Accounting Standard.

Organized training programs to ensure that the team is updated on financial regulations and software.

Ensured compliance with tax laws and regulations by managing tax planning and reporting.

Optimized the organization’s tax position and ensure timely and accurate tax filings.

Coordinated with tax consultants for strategic tax planning and mitigation of tax risks.

Liaised with relevant teams, prepared & monitored budget, accounts & cash flow Statement.

Liaised with bank and filed FFR-I & FFR-II, prepared & submitted CMA report to bank.

Proficiently handled LC (Domestic) and Foreign and BG for import and Export.

Supervised and monitored timely compliance of PF, P. Tax & ESIC and timely submission of returns

Prepared Annual Performance Report for Export oriented unit/SEZ.

Prepared Weekly and monthly MIS, stock report to bank and management.

Optimized the organization’s tax position and ensure timely and accurate tax filings.

Coordinated with tax consultants for strategic tax planning and mitigation of tax risks.

PAST EMPLOYMENTS

PROJECTS

Badlao Foundation A NGO in Jharkhand, 2003 to 2006

ICCO project under foreign fund.

Other Assignment: PL Bakshi & Co : 1997 to 2000

Basu Dey Kapoor: 2000 to 2003

CA articleship / Audit Trainee: Das & Sharma CAs 1993-1996

SCHOLASTICS

EDUCATION HISTORY

Post-Graduation

Course M.Com (Accountancy, costing & Taxation))

College University of Guwahati Year of Passing 1994

Certification: Chartered Accountants (Final)

PERSONAL SNIPPETS

Date of Birth: 11th June, 1968

Address: 54, N.S Road, Narendrapur, and Kolkata-700149(West Bengal)

Nationality: Indian

Languages Known: English, Hindi & Bengali

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