AJITH KUMAR A Finance Analyst
Bangalore
Summary
Finance Analyst with 11 years of financial reporting and analysis experience. Applies advanced financial analysis, forecasting and modeling skills to translate analysis into practical results. Strong understanding and knowledge of accounting principles and accounting software with emphasis in business finance.
Overview
12
12
years of professional experience
Work History
Finance Analyst
TATA Consumer Products Limited
10.2021 - Current
- Provide Financial analysis of results through reports, narratives and presentations for and regulatory purpose, including industry analysis.
- Provide analytical Support in developing strategies to improve profitability through cost reduction revenue enhancement activity.
- Preparation of monthly results and MIS Reporting, including commentary on the performance of Procurement team to senior management in the reporting
- Manage & Develop all financial planning & reporting requirements, including all period end processes.
- Providing support on ad-hoc data analysis & recommendations to support key Review and report on the working capital targets including Inventory and creditors.
- Preparation and maintenance of 12 month rolling calendar forecasts on commodity cost and inventory by close working with Procurement team.
- Interact with the procurement team to get necessary data on a monthly basis.
- Working on quarterly inventory provisions, monthly analysis on provision reversal and control on inventory movements.
Asst. Manager - Accounts & Finance
Uniglaze India Pvt Ltd
08.2018 - 10.2021
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Reviewed documentation and identified financial discrepancies where applicable.
- Preparation of Projected Financials & CMA Data.
- Assigning individual team member responsibility and controlling through action plan, providing education and training to enhance their skill to strengthen internal control and accuracy level.
- Reviewing BRS on daily basis and doing follow up for pending and unrealized items to avoid month end rush.
- Time to time scrutiny of TB to rectify incorrect authentications and generating variances to analyze actual root cause for variances.
- Review and ensure FA components as per AS 10, doing monthly depreciation run, maintain FA Register and time to time reclassifying CWIP items into respective asset code by analyzing work completion report.
- Payroll activities, salary, contractual wages, salary accruals like LTA, Medical, Bonus, Leave encashment, Gratuity and complete payroll reconciliations. And deduction of Income Tax as per IT slab.
- Making statutory remittances & returns on monthly basis before the due dates (GST, EPF, ESI, PT, TDS / TCS)
- Handling monthly closure activities: GR, BRS, expenses, sales, debit / credit notes, expense / income accruals, salary, contractual wages, salary accruals, uncertain expenses, GL scrutiny & TB closure.
- Handling all bank activities like BG issuance, LC, Proposal of working capital requirements
- Working on GST refund on SEZ sales without payment of tax on monthly basis.
Executive - Accounts & Finance
Southfield Paints Limited
05.2016 - 08.2018
- Preparation of trail balance and finalization of account.
- Handling Banking and process of all corporate documents like BG, CBG, LC and Credit take over.
- Monitoring and correctness of all entries in Books of Accounts. Initiate and improve processes and procedures to enhance control, productivity and efficiency.
- Monitoring of receivables and payables.
- Handling GST from Registration to Return (GSTR3B, GSTR1, GSTR2A)
- Timely computation, payment & filling return of Service Tax, TDS, Excise, VAT & Professional Tax, Income Tax, PF & ESIC.
- Ledger scrutiny, bank reconciliation on daily basis.
- Sales & Purchase Upload / eU-Pass
- Form C Generates, Issues & Maintaining the Records.
- Preparing Import Shipment Documents.
- Preparation of MIS Report and monitoring of Cash Flows on daily basis.
- Backend working for monthly, quarterly Year end returns & Closer.
- Ledger account reconciliation and confirmation.
- Controlling Inventory & monitoring stock report.
- Preparing Ageing report of Debtors and Creditors at every fortnightly to remind the customers and making payments to suppliers in time.
Accounts Executive.
Southern Chips & Circuits Pvt. Ltd.
04.2012 - 04.2016
- Accounting in Tally REP 9
- Bank Reconciliation
- Cash book Handling & Handling Payment & Receipt.
- Handling sales Tax Assessments.
- Statutory working(VAT, Excise)
- Preparing Cash Flow Statement
- Reviewing monthly accounts of Vendor & Customer.
- Preparation of Sales Invoices
- Form C uploads, Generates, Issues & Maintaining the Records.
- Monitoring of All Inwards & Outwards at Factory.
- Maintaining ISO Records for Stores & Purchase.
- Preparing Purchase Order, Performa Invoice, Sales Invoices & Exemption Documents for SEZ & EOU, ARE-3, ARE-1,
- Coordinate with auditor and provide supporting document of transaction to external auditors.
- Handled Domestic Logistics, Documentations & Tracking.
Education
MBA - Accounting And Finance
Indus National College
Puttur08.2011
Bachelor of Commerce - Finance
Nehru Memorial College
Sullia06.2009
Skills
- Proficient in Financial Accounting, MIS Reporting and Taxation
- Proficient in Microsoft office, SAP HANA, Tally, & Saral TDS
- Corporate Finance
- Strategy Development
- Financial Forecasting
- Reporting Proficiency
- Audit Support
- Variance Analysis
- Budget Support
- Financial Management
- MIS Preparation
- Data Analysis
Accomplishments
- Successfully conducted Inter college Management fest for UG students in our college under my supervision for finance event.
- Participated in National level Management fest held by Sree Devi College Mangalore.
- Participated in EDIFY-2011 “Youth for Progressive Bharath” held by MSNM Besent
- Institute of PG Studies.
- Participated in various NCC Camps at Degree level and a ‘C' Certificate Holder
Computer Skill Profile
- MS Office
- SAP S4 HANA
- Tally ERP 9
- Saral TDS & TDSman
- Roadmap ERP
Languages
English
Bilingual or Proficient (C2)
Hindi
Advanced (C1)
Tamil
Advanced (C1)
Additional Information
Father Name : Lakshmana Gowda
Date of Birth : 05th January, 1987
Marital status : Married,
Nationality : Indian,
Location Preference : Bangalore & Mangalore
Permanent Address : Arikkila House, Kolthige village, Perlampady post, Puttur T.Q Mangalore (D.K) pin:574212
Present Address : No 22, 1st B Main, Venkategowda Layout Kempapura, Hebbal
Bangalore-56024
Timeline
Finance Analyst
TATA Consumer Products Limited
10.2021 - Current
Asst. Manager - Accounts & Finance
Uniglaze India Pvt Ltd
08.2018 - 10.2021
Executive - Accounts & Finance
Southfield Paints Limited
05.2016 - 08.2018
Accounts Executive.
Southern Chips & Circuits Pvt. Ltd.
04.2012 - 04.2016
MBA - Accounting And Finance
Indus National College
Bachelor of Commerce - Finance
Nehru Memorial College
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