Surjeet Bajina
Gurugram
Summary
An accomplished & innovative person with over 15+ years’ progressive experience in Financial Planning, Project/Cost Control, Accounts Payable, Commercial Activities, Accounts Receivable overall finance controlling of EPC projects Division for Oil & Gas Turnkey Projects, Water Treatment Plant, WWTP, PTDM, ETP, CPU & SSF, Membrane filtration, Ion exchange, Evaporation, Drying,, Power Distribution RE/UE, Power Sub-station and Transmission. Highly successful in building long-lasting relations with Vendors & other employees.
Overview
2
2
Languages
2
2
Certifications
15
15
years of professional experience
Work History
Manager- Finance & Compliances
Kovalus Separation Solutions Enterprise India Pvt. Ltd.
05.2025 - 05.2026
- Manage all project financial accounting operations of Account Payable, Account Receivable and Admin.
- Handle Accounts Receivable (AR), including issuing invoices, tracking payments, and following up on outstanding balances.
- Handle Accounts Payable (AP), including processing payments, vendor reconciliations and conducting credit checks.
- Verification of Bills of supplier & contractors & Manage payments as per agreed PO terms, ensure adjustment of advances & other statutory deduction.
- Manage contractor & Supplier’s dues status on monthly basis i.e. SOA & final reconciliation.
- Monitor Purchase Orders and liaise with procurement team for resolving PO discrepancies and GRN and.
- Manage taxes i.e. GST analysis & filing of returns i.e. GSTR-1, GSTR-3B, GSTR-8, GSTR-9 & 9C.
- -TDS compliances and other duties & surcharges also prepare the report of effect on costs.
- Prepare month-end reports, including cash flow reports, financial statements i.e. P&L & TB Finalization , and project cost tracking.
- Support the finance team in cash flow planning and forecasting.
- Maintain and update financial data in accounting application and ensure proper application of the Percentage of Completion (POC) accounting method.
- Assist with financial compliance, working with external consultants for Indian tax and regulatory matters.
- Support internal and external audit processes by preparing and organizing financial records.
- Prepare internal reports to assist management in decision-making.
- Vendor & Subcontract Handled against Project Milky Mist Dairy Food Limited- Perundurai, Tamil Nadu, Schreiber Dynamix – Pune MH
- Kovalus Separation Solutions is transforming the landscape of separations by developing and leveraging synergistic technology such as membrane filtration, ion exchange, evaporation, drying, and more. With over half a century's worth of experience, Kovalus offers comprehensive solutions for the most challenging applications in food and beverage, life science, and general industrial markets. We work with customers around the world to recover high-value products, eliminate waste, reduce footprint, increase productivity, and lower costs.
Deputy Manager- Finance & Accounts
Petrofac International UAE LLC
12.2021 - 10.2024
- Manage all project financial accounting operations of Account Payable, Account Receivable and Admin.
- Prepare and book Foreign Exchange changes and bank transactions journal entry related to foreign transactions.
- Take care of statutory requirement related to foreign payments against import of services.
- Maintains financial information according to T&C of contracts. Performs various account reconciliations.
- Manage the issuance, reduction, recovery and cancellation of Bonds and Bank Guarantees issued by the vendors.
- Verification of Bills of supplier & contractors (SIPC, MB, MDCC & MRC) & Manage payments as per agreed PO terms, ensure adjustment of advances & other statutory deduction.
- Manage contractor & Supplier’s dues status on monthly basis i.e. SOA & final reconciliation.
- Manage taxes i.e. GST analysis & filing of returns i.e. GSTR-1, GSTR-3B, GSTR-8, GSTR-9 & 9C.
- -TDS compliances and other duties & surcharges also prepare the report of effect on costs.
- - Liaison with Statutory Authorities to Assessments/Audit of IT, GST & other statutory compliance
- Monitor Purchase Orders and liaise with procurement team for resolving PO discrepancies and GRN and.
- Preparing project wise budget, cash flow & fund flow to analyses fiscal strength.
- Resolve, in collaboration with Business operations, supplier billing discrepancies and related inquiries.
- Support to estimate future cost to completion, project management cost, profitability/variance analysis.
- Preparation of monthly operating summary (MIS) including OH report, AP Reports.
- Project budget costing, actual costing & RMC preparation.
- Review of contract agreement i.e. SCC& GCC in preview of commercial surface.
- Commercial support for capex, opex & Circulation of DI to Procurement dept.
- Vendor & Subcontract Handled against Project BPCL- Kochin, HPCL – Vizag & Vedanta- Barmer
- Petrofac International UAE LLC is a U.K. based service provider to the oil and gas production and processing industry. The Company designs and builds oil and gas facilities; operates, maintains, and manages facilities and enhances production and develops and co-invests in upstream and infrastructure projects.
Sr. Executive (Finance & Accounts)
ION Exchange Projects & Engineering Ltd.
04.2015 - 12.2021
- Manage all project financial accounting operations including A/R, A/P, Cost to Complete and Cost Control, Finance Control i.e. Treasury/ Banking i.e. LC, BG’s
- Manage taxes i.e. GST & TDS compliances and duties and the effect on costs and cash flows
- Ensure the timely billing MDCC / MRC & price escalation invoicing is made as per billing forecast based on Project schedule and related milestones and collection are made as per the contractual terms.
- Developing financial strategy, including risk minimisation plans and opportunity forecasting
- Preparing project wise budget, cash flow & fund flow to analyses fiscal strength.
- Preparation of Process wise Costing, Quantitative details & Inventory Valuation.
- Financial planning & monitoring of Unit collection & payments.
- Support to estimate future cost to completion, project management cost, profitability/variance analysis.
- Preparation of monthly operating summary (MIS) including OH report, AR/AP Reports.
- Project budget costing, actual costing & RMC preparation.
- A pioneer of water treatment in India with a legacy spanning over five decades, Ion Exchange is recognised internationally as a premier company in water and environment management. It has More than 1,00,000 installations worldwide and largest service network in the water treatment industry in Asia.
Executive (Taxation & Accounts)
M/s. Varsana Ispat Ltd.
05.2011 - 03.2015
- Managing of Accounts receivables & Payable for EPC division.
- Monitor and forecast cash flows arising from the project, setting control environment for the cash management in order to optimize cash flow.
- Handling VAT for many states i.e. Uttar Pradesh, Haryana, MP.
- Invoicing of Supply for various Clients Transmission Line.
- Price Variation Calculation of all Transmission line material and Erection & civil work.
- Getting clear R.A. and Supply from various authorities in customer’s office and follow up of Receivables.
- Periodical Inventory Audit at Project Sites.
- Coordination of planning activities with Client & Project Team.
- Preparation of invoicing schedule for all Material as per Project and Site requirements.
- Preparation of quarterly Project Profitability, Receivable MIS & Quarterly Budgeting.
- M/s Varsana Ispat Ltd is one of the fastest emerging Gujarat based EPC player in Power Transmission Industry with the in-house back up of one of the largest fully integrated steel plant in India. The company has engaged sufficient personnel and equipment’s to simultaneously handle several independent projects, for Transmission Lines up to 765 KV capacities. VIL is aggressively quoting in a number of Transmission lines.
- Turnkey project of 200 KM 400 kV S/C Transmission line Bikaner to Merta City (RRVPNL)
- Turnkey project 52 KM 220 KV D/C Transmission line Astha to Jaitpura (MPPTCL)
- 45 Km 220 KV S/C Transmission line Sagar to Banda (MPPTCL)
- 4500 MT Supply of Tower parts to PSTCL.
- 7180 MT Supply of Tower parts to PGCIL.
Education
MBA - Finance
Delhi University
Graduation - Commerce
MDU
RohtakOne Year diploma - Computer Application
RSEM
Skills
Financial Projection
MIS Reporting
Budgeting & Costing
Cash Flow/ Treasury
Opportunity Forecasting
Management Accounting
Profitability/ Variance (P&L)
Month/Year end BOA Closing
Accomplishments
- Financial / Cost Control of Vedanta/Cairn Barmer Job of Worth 440 Cr scope Reject Well Pad and Sulphate Removal through NF and RO (2320m3/hr)
- Financial/ Cost Control of NTPC Gadawara Job Worth 252 Cr scope PT (2000m3/hr)-DM (270m3/hr),CWT, RO + UF Based WWTP (10m3/hr)
- Financial/Cost Control of DPSI Job Worth 120 Cr Scope PT (2500m3/hr)-DM (1353m3/hr),CWT, RO + UF Based WWTP (450m3/hr) + STP (2.5m3/hr) + Chlorination.
- GST AUDIT OF FY 2017-18 TO 2019-20
- VAT assessment of FY 2013-14 to Q-1 2017-18 of HVAT & DVAT
- Commercial CCP of NTPC (MSTPP) Mouda Maharashtra of worth Rs. 256 Cr.
- Commercial CCP of NTPC (APCPL) Jhajdali Haryana of worth 456 Cr
- Commercial CCP of L&T (NPL) Rajpura Punjab of worth 52 Cr
Certification
On GST by Vox Law Mumbai.
COMPUTER FORTE
- Proficient in working with Latest Windows, Ms Office (Word, Excel, Team & PPT), Internet and email using Outlook.
- Expert in using Oracle based applications i.e. ERP, SAP & Finnacle.
Timeline
Manager- Finance & Compliances
Kovalus Separation Solutions Enterprise India Pvt. Ltd.
05.2025 - 05.2026
Deputy Manager- Finance & Accounts
Petrofac International UAE LLC
12.2021 - 10.2024
Sr. Executive (Finance & Accounts)
ION Exchange Projects & Engineering Ltd.
04.2015 - 12.2021
Executive (Taxation & Accounts)
M/s. Varsana Ispat Ltd.
05.2011 - 03.2015
One Year diploma - Computer Application
RSEM
Graduation - Commerce
MDU
MBA - Finance
Delhi University