Ajay Kumar Singh

• Strategizing, developing and incorporating organisational structure with Group CEO & MD as per vision of the organisation
• Building Team Structure of various group of Companies as per different industries and requirements in consultation with Group CEO & MD
• Discussion and planning with Management of various projected and on-going business projects
• Incorporation of Companies, LLP and different Entities of Group, and arranging Bank account opening of group companies
• Due Diligence, discussion and analysis of companies for which proposal received for Investments
• Review of various clauses and conditions of Shareholder’s agreement and Share purchase agreement before Investment execution
• Setting up the internal control mechanism
• Handling various Finance functions, Accounts Receivable, Payable, Payroll, Tax, Secretarial, Banking and Legal Etc., preparation of Financials and getting audited with Statutory auditors
• Interfacing with Internal, Statutory, Secretarial, Auditors/ Consultants, Bankers for smooth functioning of the operations
• Identifying and conducting interviews of Leadership and mid-level team members.

Accounts Payable

-Verification of Vendor bills and approving for payments.

- Verifying month end schedules, provision, prepaid, fixed assets register, variance analysis.

- Getting Statutory audit completed for India, Malaysia, Singapore and UK entities.

- Assistance in Drafting and finalization of Balance sheet & Profit & Loss accounts along with schedule of Financials of all group entities.

Payroll

- Verifying and approving salary for all group entities, Malaysia, Singapore, UK and India.

- Review of Month end reconciliation of Books of accounts and Payroll register of all group entities.

- Review and approval of Provisions of payroll expenses.

- Payment of ESI, PT and EPF.

· Tax

- Handling all Direct tax compliances, TDS deposition TDS return filing, TDS receivable reconciliation, Income tax Return, Advance tax deposition, Tax Audit report finalization, TP Report finalization, and filing return and forms for UK, Malaysia and Singapore Entities along with India Entity.

- Handling all Assessment, Litigation, notice and reply to Income tax and GST authorities, getting GST Audit completed from Govt authorities.

- Handling all Indirect tax compliances, filing of GSTR-1, GSTR-3B, Deposition of challans, GSTR-9 & 9C, finalization of Reconciliation of GSTR-2B & Input as per books, Malaysia SST return, UK VAT return, Singapore GST return.

Business Strategy

- Analysis of new laws applicable to orgnaisation and guidance to different related stakeholders and strategizing and execution of changes in organisation.

- Review of Client agreements before finalization and guiding if possible with which of our group entities the agreement would be more profitable for the organization.

- Strategizing and discussion with CFO and management for taking out refunds due with govt authorities, to improve the working capital of the company, such as filing writ petition for 2-3 years refund due, filing LTDC application for getting reduced rate of TDS applicability etc.

- Strategizing and implementation of automations in routine operations work to save time and cost for organization.

- Review of Month on month cost variances to highlight the areas to CFO & Management where efficiency can be improved and discussion with different business and operation teams for finding out ways for reducing costs wherever possible.

- Handling all Direct tax compliances, TDS deposition TDS return filing, TDS receivable reconciliation, Income tax Return, Advance tax deposition, Tax Audit report finalization, TP Report finalization, and filing return and forms for all group entities

- Supporting all Assessment, Litigation, notice and reply to Income tax and GST authorities, getting GST Audit completed from Govt authorities

- Supporting in proceedings after Income tax raid and Survey of TDS and GST department.

- Supporting in filing writ petition before High court & Supreme Court.

- Handling all Indirect tax compliances, filing of GSTR-1, GSTR-3B, Deposition of challans, GSTR-9 & 9C, service tax and vat returns, finalization of Reconciliation of GSTR-2B & Input as per books of all group entities.

- Assisting in drafting of financials along with schedules of different group entities.

- Participating in process of merger, demerger, aquisition and incorporation of an new Entity.

- Supporting in all Direct tax compliances, TDS deposition TDS return filing, TDS receivable reconciliation, Income tax Return, Advance tax deposition, Tax Audit report finalization, TP Report finalization, and filing return.

- Supporting in all Assessment, Litigation, notice and reply to Income tax and Service tax authorities, getting Service tax Audit completed from Govt authorities.

- Supporting in Indirect tax compliances, monthly reconciliation of Input and payable of Service tax with books of accounts, payment of Service tax and drafting of Service tax returns.

- Preparing reconciliations for inputs of STPI return and drafting STPI return and arranging for submission of same.

Corporate Office (Gurgaon)

• Calculation of Monthly TDS liability and reconciliations of same and discussion with all circle managers if there is any discrepancies and arranging deposition of same.
• Drafting and filing of quarterly TDS returns.
• Issuance of TDS certificates to all vendors and circle managers for distributing it further.
• Preparing Tax audit and Statutory audit related schedules for taxation.
• Operating SAP System

Delhi Circle office

- Voucher verification.

- Journal Entries of Vendors and Employees bills.

- Deducting TDS, WCT etc.

- Computing monthly TDS & WCT liability of and its reconciliation.

- Vendors, Debtors and creditors Reconciliations.

- Preparing Fixed Assets Register.

- Preparing Income Tax, TDS, Service Tax returns preparation and Tax Audits of Individuals and Firms.

- Excise Audit including capital goods cenvat credit verification, proper statutory liability and Returns submission verification.

- Concurrent Audit of Allahbad bank, Oriental Bank of Commerce, Indian Overseas Bank, Punjab & Sindh Bank and Union Bank of India.

- Revenue Audit of Punjab National Bank(in Himachal, Bihar, Rajasthan and Haryana) and of Oriental Bank of Commerce( in Noida and Loni Branches).

- Maintaining Accounts of firms and individuals.

Internal Audit of NAFED (National Agricultural Cooperative Marketing Federation of India Ltd.)