Abhishek Jalan
Kolkata
Summary
To strive towards identification of a win-win situation where my interests, aptitude and proficiency match the requirements of a responsible position in your organization, allowing me an opportunity to contribute towards its growth and development.
Overview
17
17
years of professional experience
Work History
Chief Financial Officer
SHYAM SEL AND POWER LIMITED
02.2022 - Current
- Handling Accounts, Direct Tax, Project Accounts & Supervision of Finance
- Finalization of monthly interdepartmental MIS of the Company and its action plan month on month
- Preparation of Business and Financial Modelling of the Company and Annual Business Plan
- Successfully orchestrated multiple fund raising initiatives, including high-profile IPOs, QIP, OFS contributing to substantial capital inflows
- Successfully assisted in Qualified Institutional Placements (QIPs), strategically raising capital for Organizational growth
- Handled the Credit Rating agencies and upgraded the Co’s rating from AA- stable outlook to Crisil AA+ Outlook for long term borrowings
- Development of Host-to-Host Process in the group with Banks and SAP Integration for Payment Automation
- Implementation of GRC to mitigate the potential risks arising out of SAP rights
- Implementation of Fund management in SAP for working capital monitoring
- Handling the Treasury and Investment Strategy of the Group
- Reviewing the internal Audits and Concurrent Audits (P2P, O2C and MRO) with Big 4 and take timely actions on the same with plant and all process owners to improve the process and cost savings of the company
- MIS relating to Competitors Business Strategy, Financial Comparisons and Ratio Analysis
- Preparation of Annual Business Plan with all the stakeholders and analyzing the variances with Actuals
- Handling the Investor Relations of the company and Preparation of Investor data
- Closing of Quarterly results and publish of same on the Stock Exchanges (BSE, NSE)
- Drove Cost Control and Cost Management initiatives across the organization and bottom line of the Co
- Managing, Monitoring and Controlling of Project Accounts
- Variance Analysis of Capex and Opex with Actuals and plan on crucial variances
- Finalization of Work order and Purchase order to ensure Correctness in Project Accounts and in SAP
- Monitoring and Finalizing the Capitalization of fixed Assets and Projects of the Company
- Smoothening and streamlining the whole process of Accounts Payable & Receivable Process
- Ensuring Weekly Payments of Stores and capital goods, contractors (Civil, Mechanical, Electrical)
- Procurement Planning with the team for ensuring timely availability of material to projects
- Handling Finance and planning for the working capital
- Planning for the Hedging and Forward contract
- Reconciliation and finalization of GST and Custom Calculations and Returns
- Have done effective Income Tax Planning for the group with minimization of Tax
- Handled Search and Block Assessment and supervised successful waiver of irrational demands
Deputy General Manager- Accounts & Taxation
RUNGTA MINES LTD.
08.2021 - 02.2022
- Company Overview: Manufacturing (Pellet, Sponge Iron, Pig Iron, SMS, TMT Bar, Power Plant etc)
- Handling Accounts, Project Accounts & Tax
- Preparation and Finalization of monthly MIS of the Company
- Managing, Monitoring and Controlling of Project Accounts
- Variance Analysis of Capex and Opex with Actuals and plan on crucial variances
- Finalization of Work order and Purchase order to ensure Correctness in Project Accounts and in SAP
- Monitoring and Finalizing the Capitalization of fixed Assets and Projects of the Company
- Smoothening and streamlining the whole process of Accounts Payable & Receivable Process
- Ensuring Weekly Payments of Stores and capital goods, contractors (Civil, Mechanical, Electrical)
- Procurement Planning with the team for ensuring timely availability of material to projects
- Preparation, Accounting and Reconciliation Of Assets
- Reconciliation of Inventory and Consumption of Raw Material & Store Consumables
- Done various improvements in ongoing SAP FICO and MM module
- Manufacturing (Pellet, Sponge Iron, Pig Iron, SMS, TMT Bar, Power Plant etc)
Asst. General Manager- Accounts & Taxation
RASHMI METALIKS LTD.
07.2018 - 07.2021
- Company Overview: Manufacturing (Pellet, Sponge Iron, Pig Iron, SMS, TMT Bar, Power Plant, Ferro, Cement etc)
- Handling Accounts, Finance & Tax
- Preparation and Finalization of monthly MIS of the Company
- Preparation of Profitability Statement and Tax Planning on monthly basis
- Regular visit to plant for controlling Plant Accounting
- Variance Analysis of Capex and Opex with Actuals and plan on crucial variances
- Preparation, Accounting and Reconciliation Of Assets
- Monthly Closing Of Books and Finalization of Books on Quarterly, Half yearly and Yearly basis
- Preparation of 80IA Balance Sheet, reports and calculation for eligible deduction
- Ensuring Proper Maintenance of Records, Filing Returns and Reconciliation of GST & TDS
- Smoothening and streamlining the whole process of Accounts Payable & Receivable Process
- Monitoring and Coordinating with relevant dept for clearing pending BRS Entries & its correctness
- Prepare the Fund Planning of the company and monitoring Incoming and Outgoing payments
- Reconciliation of Inventory and Consumption of Raw Material & Store Consumables
- Smoothening and improvement of process of the work with maintaining the Industry Norms
- Monitoring and Ensuring Compliances of Statutory Dues on time
- Controlling the Plant accounts and Provide assistance to them for smooth operations
- Liasoning with Statutory, Cost and Internal Auditors
- Done various improvements in ongoing SAP FICO and MM module
- Consolidation of Accounts and Divisional Accounts
- Ensuring Proper Maintenance of Records, Filing Returns- ITR, Tax Audit and Transfer Pricing Return
- Manufacturing (Pellet, Sponge Iron, Pig Iron, SMS, TMT Bar, Power Plant, Ferro, Cement etc)
Asst. Manager- Finance & Accounts
ORIENT ELECTRIC LIMITED (A CK BIRLA GROUP CO.)
08.2016 - 06.2018
- Company Overview: Manufacturing of Fans, Switchgears, Lightings etc
- Handling Accounts, Finance & Indirect Tax
- Preparation and Finalization of monthly MIS of the Company
- Inventory analysis and Reconciliations of Consumption of Raw Materials and Major Components
- Ensuring timely submission of All reports related to Banks, Capital Addition, Forex Hedging, Budgets etc
- Preparation, Accounting and Reconciliation Of Assets
- Monthly Closing and Finalization of Books
- Preparation of Capex and Opex Budgets and variance Analysis with actuals
- Preparation Of Cost Sheet for MI calculations including Export
- Review of G/L Accounts regularly and ensuring proper booking
- Overall Control over Accounts
- Quarterly completion of Statutory Audits and Internal Audits with No major Non compliance
- Handling Of Statutory Audit, Internal Audit, Interim Audit and Department Audits
- Controlling and compliance of IFC through approved SOP and DOA
- Manufacturing of Fans, Switchgears, Lightings etc
Manager- Finance & Accounts
GLAZE INFRASTRUCTURE PVT LTD
02.2014 - 07.2016
- Company Overview: Glass Processing Industry
- Handling Accounts, Finance, Income Tax & Indirect Tax
- Finalization of Accounts along with Books of Accounts in accordance with the applicable Statutory Regulatory Framework
- Computation, reconciliation and payment of Income Tax, Excise, VAT, TDS, Entry Tax etc and related issues
- Accounting, preparation and filing of Income Tax, Excise, VAT, TDS etc
- Preparation of Stock Statement for availing cash credit facilities from bank
- Handling of Statutory Audit, Internal Audit, Departmental Audit etc
- Loan financing to corporate through banks
- Maintenance of proper books of accounts, software & ERP packages
- Managing Funds so as to avoid working capital Gap of the company
- Cost Computation and conversion cost of the products
- Liasoning and coordinating with auditors so as to assure timely completion of Audits
- Overall Control over Accounts
- Controlling and compliance of IFC through approved SOP and DOA
- Glass Processing Industry
Officer
BENGAL ENERGY LIMITED
08.2012 - 11.2013
- Company Overview: Manufacturer of LAM Coke & 40MW Power Plant
- Handling accounting, banking and financial matters
- Compilation/Preparation of Daily/ Weekly → Sales Report, Debtors Report
- Monthly → Receivables Budget, Variance Report, Expenditure & Cash Budget Report, Sales Forecast Report
- Monthly Accounts Scrutiny, Report of the Statutory Compliances and Incentive Reports
- Preparations of various data, codes and reports required for the SAP implementation
- Compilation of Ratios, CMA data, projected accounts, budget data, FFR-1 etc
- Monitoring and preparations of data required for compliances of Banks, FI and RBI
- Data preparation and Finalization of Accounts in accordance with Statutory Legal Framework
- Working Knowledge of SAP FICO Module
- Liasoning and coordinating with auditors so as to assure timely completion of Statutory Audit
- Manufacturer of LAM Coke & 40MW Power Plant
Senior Audit Assistant
10.2007 - 04.2011
- Completed 3 years of articleship under Eshwa Pramod Kumar., Kolkata
- Statutory Audits, Tax Audits, Internal Audits, Bank Audit, School Audit and Trust Audit
- Finalization & presentation of all facts of accounts of Companies, Partnership Firms & Individual
- Provided Consultancy in Tax and other Advisory assignments for Individuals and Professionals
- Preparation of Minutes Book, Statutory Register & other compliance of Companies Act
- Preparation & Filing of the Income Tax, VAT, ROC Statutory forms, Register & Returns
Education
COST AND MANAGEMENT ACCOUNTANT -
THE INSTITUTE OF COST ACCOUNTANTS OF INDIA
12.2013
CHARTERED ACCOUNTATNT - undefined
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
05.2013
COMPANY SECRETARY - undefined
THE INSTITUTE OF COMPANY SECRETARIES OF INDIA
12.2010
B.COM (HONS) - undefined
THE BHAWANIPUR EDUCATION SOCIETY COLLEGE, CALCUTTA UNIVERSITY
01.2010
HIGHER SECONDARY - undefined
SHREE JAIN VIDYALAYA, (WBCHSE)
01.2007
SECONDARY - undefined
SHREE JAIN VIDYALAYA, (WBBSE)
01.2005
Skills
- Operational management
- Financial management
- Corporate governance
- Cross-functional team leadership
- Risk management
- Reporting skills
- Strategic financial planning
- Financial reporting
- Cost reduction strategies
Languages
English
Hindi
Bengali
Articleship
10/2007 - 04/2011, Eshwa Pramod Kumar, Kolkata, Statutory Audits, Tax Audits, Internal Audits, Bank Audit, School Audit and Trust Audit., Finalization & presentation of all facts of accounts of Companies, Partnership Firms & Individual., Provided Consultancy in Tax and other Advisory assignments for Individuals and Professionals., Preparation of Minutes Book, Statutory Register & other compliance of Companies Act., Preparation & Filing of the Income Tax, VAT, ROC Statutory forms, Register & Returns.
Selfevaluation
- Creative, Motivated and Logical.
- A Good Team Worker.
- Confident in challenging situation.
Awards
- Representing the department in the safety month.
- Have organized fests & function and took active participation at school level.
Hobbies and Interests
- Stamp Collection
- Travelling
- Ancient Coin Collection
Personal Information
- Passport Number: J4843365
- Father's Name: Mr Kishori Lal Jalan
- Date of Birth: 09/10/88
- Marital Status: Married
Timeline
Chief Financial Officer
SHYAM SEL AND POWER LIMITED
02.2022 - Current
Deputy General Manager- Accounts & Taxation
RUNGTA MINES LTD.
08.2021 - 02.2022
Asst. General Manager- Accounts & Taxation
RASHMI METALIKS LTD.
07.2018 - 07.2021
Asst. Manager- Finance & Accounts
ORIENT ELECTRIC LIMITED (A CK BIRLA GROUP CO.)
08.2016 - 06.2018
Manager- Finance & Accounts
GLAZE INFRASTRUCTURE PVT LTD
02.2014 - 07.2016
Officer
BENGAL ENERGY LIMITED
08.2012 - 11.2013
Senior Audit Assistant
10.2007 - 04.2011
CHARTERED ACCOUNTATNT - undefined
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
COMPANY SECRETARY - undefined
THE INSTITUTE OF COMPANY SECRETARIES OF INDIA
B.COM (HONS) - undefined
THE BHAWANIPUR EDUCATION SOCIETY COLLEGE, CALCUTTA UNIVERSITY
HIGHER SECONDARY - undefined
SHREE JAIN VIDYALAYA, (WBCHSE)
SECONDARY - undefined
SHREE JAIN VIDYALAYA, (WBBSE)
COST AND MANAGEMENT ACCOUNTANT -
THE INSTITUTE OF COST ACCOUNTANTS OF INDIA
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