PROFILE AND STRENGTHS
• Competent, diligent & result oriented professional, offering experience across Accounts Finalisation, Budgeting, Finance, Revenue, Statutory Compliance, Cost Planning & Management, Cash Flow Management, Internal Control Review, Audits, Fund Sourcing & Management, Taxation, MIS , Ratio Analysis, Financial Compliance and Liaison & Coordination.
• Currently spearheading with United Spirits Limited ( DIAGEO) Overseas Company
• Dexterity in formulating and implementing finance & accounting policies & procedures and adherence to statutory compliances with the ability to relate theory with practice; thorough exposure across rendering functions of handling Sales tax matters like submission of sales tax return, getting the sales tax forms issued & assessment of sales tax return.
• Adept at handling company audits in different type of industries and various other audits like tax audit & internal audit ; proven expertise in improving operations, enhancing business growth & maximising profits through the achievements in finance management, internal controls, process study & productivity improvements.
• Pivotal in conducting project analysis / feasibility financial analysis, inventory management / reconciliation and variance analysis; capable of enhancing financial processes & systems, reviewing complex financial data to facilitate strategic financial growth of organisations.
CORE COMPETENCIES
Accounts Finalisation Budgeting Finance Revenue Statutory Compliance Cost Planning & Management Cash Flow Management Internal Control Review AuditsFund Sourcing & Management Taxation MIS Ratio Analysis Financial Compliance Liaison & Coordination
PROFESSIONAL EXPERIENCE
UNITED SPIRITS LIMITED, DIAGO
Since March ‘07
• Spearheading efforts across monitoring and controlling revenue functions; managing various tasks pertaining to finance and accounts while ensuring adherence to statutory compliances.
• Co-coordinating with European country’s dealing with al US dollars payment and Bank Reconcile Forex , Handling Share account of Company.
• Managing preparation of Monthly cash flow and fund flow statement and ensuring timely submission of MIS reports to management.
• Preparing MIS reports viz. project profitability statement, bank & cash reconciliation etc.Shares of company equity ( Purchase and sale )
• Looking after invoicing, credit note and debit note on fortnightly basis; looking after weekly collection and outstanding debtors’ balances as well as barter accounting while taking care of collection of TDS certificates.
• Successfully looking after tasks pertaining to Bank Finance (Term loan & CC limits).
• Shouldering responsibility of organizing weekly revenue flash and various revenue trackers; preparing 2 sets of all reports on weekly and monthly basis.
• Responsible for timely closing of monthly management accounts & statutory accounts in terms of revenue; while ensuring revenue reporting in compliance with US GAAP & Indian GAAP and SOX compliance.
• Enforcing strict budgetary controls over expenditure incurred and detailing the explanation of the expenditure variance reports (Actual vs. Budgeted Expenses) and thus facilitating decision making process.
• Managing the organizational goals and objectives as laid down by Management and formulate preventive controls for budgetary compliances.
• Identifying idle funds generated due to variance between Budgeted and Actual and effectively control funds required for accomplishing various tasks
• Timely coverage of internal audit of the entire Group which includes the Spirits Division (Distilleries/ Factories, , Regional Office, Head Office); Beer Division ( Breweries, , Regional Office, Head Office), Mangalore Chemicals & Fertilizers (Manufacturing Unit at Mangalore), Engineering Division (Site Audits); Sports Division .
• Specific emphasis on profile audits which includes Manufacturing (Procurement), Treasury (Finance & Accounts), Marketing, Administration, Sales planning and Production Planning.
• Part of the joint audit team with Scottish & New Castle and currently Heineken (which is a joint venture with UB Limited- Breweries Division).
• Monitoring the conduction of internal audit to ensure that the all relevant activities are subject to periodic audit.
• Circulation of internal audit reports to the management with least turn around time
• Other Specific Audits – like feasibility study, investigations, etc.
• Developing and maintaining healthy and cooperative working environment within organization by participating in project teams from time to time to ensure smooth flow of business operations.
• Directly reporting CFO from 2008-2012
• Vendor payable – Vendor Creation – Vendor reconciliation
• Maintained desired reporting structure for Accounts consolidation, on monthly/yearly basis.
• Monthly Closure of P&L and Balance Sheet
• Annual/monthly/quarterly Budget preparation
• Review Accounts Payable
• Negotiating with vendors
• Responsible for accounts payable
• Revenue/ Monthly Revenue closure
• Provide Monthly forecast and plan budgeting
• Taxation – Audit – Banking – Balance sheet
• Resolve any issue items
• Assist with ad hoc queries from management.
• Preparing and maintaining regular MIS reports for senior management
• Coordinating and managing relationships with the consultants, service providers, bankers and auditors- Like PWC , EY, KPMG and Deloitte)
INDIA LINK LIMITED
DG MANAGER – CORPORATE FINANCE
June ’03 – March ’07
• Successfully handled the whole gamut of tasks pertaining to Account Payable, Project Accounting, SAP implementation.
• Spearheaded efforts in coordinating with the business team and central teams to maintain the effective conduct of business; validation of Revenue, Costs, Assets and Liabilities recorded in the correct cost code / cost centre; involved in costing of pharmaceuticals business products.
• BSFI,
• Prepared MIS reports on weekly, monthly and periodical basis with respect to sales, materials – cost & usage, inventory, capacity utilization, yield, efficiency, manpower productivity, etc.; streamlined inputs on cost reduction.
• Involved in Monitoring & Controlling Accounts Receivable function; actively handled responsibility of observing invoicing, credit note & debit note on daily basis; maintained daily collection record.
• Coordinated 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.
• Effectively supervised internal / statutory audit functions and finalize accounts within time bound schedules.
• Finalized audit schedule including the tax audit, liaison with the statutory auditors, lawyers etc. for managing various financial & commercial issues.
• Supervised timely filing of Annual Tax returns and ensure strict adherence to compliance under Income Tax, Service Tax and Sales Tax including advance tax planning for assessments and remittances
• Undertook responsibility of debtors control, maximizing collections; ensured forecasted cash flow for the smooth operations of the region; handled monthly budget expense and collection forecast; monitored all accounting activity of the branch.
• Efficiently prepared MIS report, daily transaction report, weekly forecast of collection; accountable for preparation of monthly account receivable (AR) Status, stock position and expense statement; maintained sales accounting comprised of billing, distribution & debtors management.
• Accountable for handling sales tax appeal and penalty cases of the region; collection of various forms like C, Way bills and F from sales tax department; implemented standard operating procedures at operational levels.
• Actively involved in filling sales tax, profession tax assessment of the region for current & previous years; prepared & filed returns, challans and various forms; instrumental in keeping track of personnel & HRD activity the offices of Eastern Region by maintaining record of appointment, leave, etc.
QUALIFICATIONS
MBA – MS Finance – Ashcroft University College,
M.com from Kendriya Viswavidayal Tamil Nadu
B.Com from Kendriya Viswavidayal Tamil Nadu
