AMIT KUMAR GHOSH
Bangalore
Summary
- A resolute and result driven finance and accounting professional with career success of over 22 years in managing Finance and Accounting/Audit operations with renowned business organizations. Currently positioned as AGM - Finance & Accounts with BPL Medical Technologies Pvt. Ltd.
- Demonstrated functional excellence in handling entire range of accounting activities including- Maintenance of books of accounts, payables, receivables and inventory management, Financial Reporting & Analysis, preparation of various reports/statements, taxation matters, statutory compliance etc. Handled Statutory Audit, Internal Audit, Tax Audit. Handled auditors like Deloitte, E&Y etc.
- Implemented SAP (S/4 HANA), Ind AS and GST.
- Capable of managing entire day to day operations of the accounts department including coordination of internal and statutory audit and finalization of Profit and Loss account / Balance sheet. Conversant with IGAAP & IFRS/Ind AS. Adept in functioning in ERP environment. Proficient in preparation/submission of structured MIS reports to the senior management.
- Effective team leader, trainer and motivator with fine-tuned analytical and problem-solving skills. Excellent verbal and written communication skills.
Overview
22
22
years of professional experience
Work History
AGM - Finance & Accounts
BPL MEDICAL TECHNOLOGIES PRIVATE LIMITED
Bangalore
2014.09 - Current
- Monitoring day-to-day accounting activities
- Implementation of accounting process and procedure and Internal Control System
- Periodic General Ledger scrutiny
- Provide leadership for the successful day-to-day operation of the facility
- Analysis of expenditure into capital & revenue to ensure capitalization thereof
- Act as a liaison between operations and accounting on all issues which have a financial impact
- Drive process improvement initiatives such as automation and streamlining financial and operational processes
- Identifying accounting and financial issues and provide timely solutions based on applicable Ind AS
- Product Costing and periodic review and analysis of BOM
- Validate and Approve purchase orders after analysis of various aspects
- Inventory Valuation, Inventory control & management
- Handling Accounts Payable and Accounts Receivable
- Analysis of Material Consumption – Standard vs Actual and take corrective action
- Month / Annual closing activity which includes provisioning of expenses, prepaid expenses, Inventory Valuation, Inventory Provision as per company policy, AR Provision as per ECL, provisioning on advance to Supplier, calculation of Gross Margin business segment wise, etc
- Preparation of Balance Sheet Schedules
- Detailed working and reconciliation of items showing in the Statement of Profit and Loss
- MIS Reports to the management on various issues
- Accounting for Forex Fluctuation Gain/Loss on settlement of dues and calculation of foreign currency exposure at the end of the month and at the year end
- Responsible for timely closure of Statutory Audit (EY is the Auditor), Internal Audit (Deloitte is the Auditor), Stock Audit.
- Provide necessary support for Tax Audit
- Projects Handled: SAP (S/4 HANA) Implementation, Part of GST Implementation team, Lead of Ind AS Implementation applicable from the FY 2017-18.
Assistant Manager – Finance & Accounts
ACME CLEANTECH SOLUTIONS LIMITED
Guwahati
2010.05 - 2014.09
- Drove finance and accounting operations for Assam, North East, UPE, and UPW regions as circle functional head.
- Managed computerized books of accounts in accordance with accounting policies and principles
- Accounts Receivable: Arranging customer invoicing on time and setting up structured follow up to ensure realization of payments within permissible credit period. Maintaining updated outstanding statements with ageing analysis.
- Accounts Payable: Verifying, processing, planning and authorizing remittances against vendors’ bills as per contract terms. Effectively handled cash. Managed disbursal and employee advances. Reconciling vendors /employees accounts from time to time to iron out any discrepancies.
- Month Closing Activity: Analysis of GLs related to expense and income to ensure PTD and YTD result reflect the actual scenario of the business. Provisioning of expenses and booking of accrued income.
- Financial Reporting & Variance Analysis: Preparation of Profit and Loss A/C for each leg of business and Conducting variance analysis of actual vs Budgeted figures and current month vs Previous month and submitting analytical reports to the senior management with explanatory comments.
- AOP: Drawing Annual Operating Plan (AOP) for Assam & North East, UPE and UPW Circle for each business leg and implementing budgetary control to contain expenses within approved limits and to achieve budgeted revenue.
- Monthly Forecasting & Projection: Preparing monthly Revenue Forecast, Billing projection and Collection Target and effectively utilizing them as control tools.
- Monitoring stock consumption and managing stock accounts with periodic reconciliation of physical stocks and book entries.
- Preparing/submitting structured MIS reports to the management as per defined periodicity.
Executive – Finance & Accounts
VODAFONE ESSAR SPACETEL LIMITED
Guwahati
2008.04 - 2010.05
- Effectively handled GL Accounting including - GL analysis, Preparing Balance Sheet schedules relating to Current Assets, Current Liabilities, Fixed Assets and reporting to the local management as well as corporate as per specified format. Prepared BRS Review Report.
- Actively involved in month closing activity, conducted variance analysis of current month vis-à-vis previous month and submitted structured financial reports to the senior management.
- Managed Group Co Transactions and reconciled Inter-Co Balances and other month end activities including passing GL correction entry in the ERP system. Reconciled IGAAP & IFRS books of accounts. Coordinated statutory, Internal and SOX audits to facilitate completion as per schedule.
- Successfully handled day to day accounting operations.
- Efficiently managed accounts payables including vendor bill processing (Capex and Opex) for North East Circle including reconciliation of accounts. Maintaining bank book and reporting of day end fund position. Systematically handled Accounts payables in project stage that involved huge transactions in terms of procurements, services and work contracts.
- Carried out Bank Reconciliations in relation to 5 bank accounts. Prepared/submitted bank reconciliation statements to the senior management periodically.
Branch Accounts Manager
MICRO CLINIC INDIA PVT. LTD. [National Partner of IBM & HP]
Kolkata
2006.07 - 2008.04
- Streamlined accounting and reporting system and ensured statutory compliance - service tax, VAT, ESI etc.
- Effectively managed day- to- day business transactions including Debtors and Creditors, Fund Management, stock accounts , Inter Branch Transactions and Finalization of Branch Accounts. Submitted Weekly and Monthly MIS reports to the HO.
Accountant
IDEA MANAGEMENT PVT. LTD
Kolkata
2003.12 - 2006.06
- Maintained correct and authentic books of accounts, handled cash and bank related activities.
- Planned and managed payables and receivables and Finalized Accounts as per schedule.
- Ensured statutory compliance in relation to taxation matters like Service Tax, Income Tax including ROC matters.
- Prepared / submitted MIS reports to the management.
Senior Audit Assistant
S. JAYKISHAN (A CA Firm)
Kolkata
2002.03 - 2003.11
- Conducted audit as team leaders/team member and prepared Annual Report of several Companies including – Statutory audit of Vikash Metal & Power Limited of Impex Group (Mfg concern), Rohit Ferrotech Ltd, Howrah Mills Ltd (Jute Mill), Polar Industries Ltd (Sumach Division), Audit of Shipping Agency viz Cosco ( India) Shipping Pvt Ltd.
- Prepared / Filed Income Tax Returns for the clients.
Article-ship - 3 Years
PARESH GUPTA & ASSOCIATES, CHIRIMAR & ASSOCIATES
Kolkata
- Handled various assignments including - Statutory Audit, Internal Audit, Tax Audit, Bank Audit, Stock Audit etc.; Finalization of Accounts, Accounts of Individual, Firms, Companies and Other Entities; Tax planning of Clients etc.
Education
CA(Inter) -
The Institute of Chartered Accountants of India
2004-01
B.Com(Hons.) -
University of Calcutta
1997-01
Skills
- Financial Reporting & Analysis
- Accounts Payables
- Accounts Receivables
- Inventory Management
- Audit
- Taxation
- Variance Analysis
- MIS reporting
- Team Leadership
- Cross-Functional Coordination
- Internal Financial Control
Personal Information
Date of Birth: 06/02/1976
Languages
English, Bengali and Hindi
Timeline
AGM - Finance & Accounts
BPL MEDICAL TECHNOLOGIES PRIVATE LIMITED
2014.09 - Current
Assistant Manager – Finance & Accounts
ACME CLEANTECH SOLUTIONS LIMITED
2010.05 - 2014.09
Executive – Finance & Accounts
VODAFONE ESSAR SPACETEL LIMITED
2008.04 - 2010.05
Branch Accounts Manager
MICRO CLINIC INDIA PVT. LTD. [National Partner of IBM & HP]
2006.07 - 2008.04
Accountant
IDEA MANAGEMENT PVT. LTD
2003.12 - 2006.06
Senior Audit Assistant
S. JAYKISHAN (A CA Firm)
2002.03 - 2003.11
Article-ship - 3 Years
PARESH GUPTA & ASSOCIATES, CHIRIMAR & ASSOCIATES
CA(Inter) -
The Institute of Chartered Accountants of India
B.Com(Hons.) -
University of Calcutta
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