Senior Finance Leader 26 Years in Power & Manufacturing

Bablu Debnath

**, *.*. ****, ***********, Kolkata – 700149 +91-943******* / 877-***-**** *******.*****@*****.***

Professional Summary

A results-driven finance professional with over 26 years of experience across the manufacturing and power sectors, specializing in financial planning, budgeting, Ind AS reporting, corporate taxation, GST, project finance, and CMA data preparation. Proven expertise in audit coordination, internal control systems, and strategic financial management. Skilled at optimizing fund utilization, enhancing cost efficiency, and ensuring statutory compliance.

Core Competencies

Financial Planning & Analysis

Budgeting & Cost Control

Ind AS & Financial Reporting

Corporate Taxation & GST Compliance

Project Finance & CMA Data

Internal Audit & Risk Management

Power Sector Accounting (Tariff & Regulatory)

Bank Liaison & Treasury Management

LC/BG Management (Domestic & Foreign)

ERP (SAP, Tally) & MS Office

Career Progression

Senior Manager – Accounts

Inland Power Ltd., Kolkata July 2025 – Present

Key Performance Areas:

Oversee end-to-end financial accounting and reporting for power generation operations in compliance with Ind AS and regulatory guidelines.

Prepare and analyze CERC/State Regulatory Commission financial data and tariff submissions.

Manage budgeting, cost monitoring, and variance analysis for plant operations and maintenance.

Ensure timely billing and revenue recognition for power sales, including grid transactions and open access.

Handle working capital management, fund planning, and liaison with financial institutions for term loan drawdowns.

Ensure compliance with statutory requirements including GST, Income Tax, and ROC filings.

Coordinate with internal and statutory auditors to strengthen controls and improve audit outcomes.

Lead MIS preparation, variance analysis, and cost efficiency reviews for management decision-making.

Implement and monitor internal controls to prevent revenue leakage and ensure regulatory compliance.

Sr. Manager – Finance & Accounts

Duncans Tea Ltd., Kolkata July 2012 – June 2025

Led and mentored a team of 8 in managing complete accounting operations.

Prepared quarterly and annual financial statements under Ind AS, ensuring timely audit completion.

Optimized working capital and reduced interest cost by 18% through effective fund management.

Developed and monitored annual budgets with variance analysis to improve cost efficiency.

Prepared CMA data and negotiated enhanced bank limits up to 18 crore.

Ensured GST, TDS, and TCS compliance, including e-invoicing, return filing, and audits.

Led corporate tax planning and achieved favorable IT assessments.

Coordinated ROC filings, XBRL submissions, and other secretarial compliance in coordination with CS.

Handled treasury operations, term loans, and credit facilities for plant operations.

Manager – Accounts (Plant)

Shurjo Energy Ltd., Mumbai (Plant at Kalyani, WB) 2009 – 2012

Managed plant-level finance and accounting, including SAP implementation.

Controlled CAPEX and OPEX budgets, monitored fund and cash flow.

Prepared financial statements, Service Tax, VAT, CST, and Excise returns.

Liaised with banks and financial institutions for project funding and compliance.

Strengthened internal controls and improved cost efficiency measures.

Assistant Manager – Accounts & Finance

Sonodyne International Ltd., Kolkata 2007 – 2009

Prepared financial statements per accounting standards and ensured statutory compliance.

Managed LCs (Domestic & Foreign) and Bank Guarantees for import/export.

Prepared CMA data, handled bank liaison and FFR reporting.

Ensured TDS, EPF, ESI, and Professional Tax compliance.

Earlier Experience

Accounts Officer – Badlao Foundation (NGO, Jharkhand) 2003 – 2006

Audit & Accounts Executive – Basu Dey Kapoor / P.L. Bakshi & Co. 1997 – 2003

CA Articleship – Das & Sharma, Chartered Accountants 1993 – 1996

Academic Qualifications

M.Com., University of Guwahati (1994)

Chartered Accountancy (Final), ICAI

Personal Details

Date of Birth: 11 June 1968

Nationality: Indian

Languages Known: English, Hindi & Bengali

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