Summary
Overview
Work History
Education
Skills
Otherinterests
Languages
Activities
Personal Information
Timeline
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Anand Kumar Rai

Anand Kumar Rai

Kolkata

Summary

Accomplished Deputy Manager with a proven track record at JAMES WARREN TEA LTD., adept in optimizing operational costs and enhancing cost control through effective budgeting and financial analysis. Skilled in Tally and Oracle, with a knack for boosting efficiency and conducting due diligence. Achieved significant improvements in financial processes, demonstrating strong analytical and negotiation capabilities.

Overview

21
21
years of professional experience

Work History

Dy. Manager (Accounts & Finance)

JAMES WARREN TEA LTD.
08.2016 - Current
  • I am responsible for overall operation of the Company and oversee the local management and sets the policies and procedures, creates and maintain the Budgeted Cost and coordinate with local management
  • I am controlling 6 Tea Estate and handle all day-to-day accounts work all statutory records and tax payment and day to day liaison with head office Management and Govt
  • Department
  • Preparation of annual Budget and Monitoring monthly financial budget and cost analysis to ensure the cost reduction at various centers
  • Identified operational process inefficiency and recommend for necessary improvement
  • Handling the all the upcountry legal
  • Projecting the financial requirement and manage the fund positions and outflows
  • Checking and authorizing of all types of routine expenses
  • Coordinating with internal/statutory/management audit and evaluating internal control system/ Procedure with view to highlight the shortcomings & implementing the necessary recommendations of management and audit Committee
  • Preparing the MIS of all production unit discuss with the unit head and report to CFO & M.D
  • Facilitated month end closing process, invoicing, expenses booking, provisions, capex entries, & accounts reconciliation
  • Review the monthly financial results with the managers & identify opportunities to improve the profitability
  • Review the statutory compliance report of all 6 Gardens and report the top management
  • Finalization of Quarterly accounts of all 6 Tea Estates, Reconciliation & Scrutiny of accounts & inventory
  • General ledger Scrutiny, Capital Expenditure, Vendor analysis, Verification of Balances and Checking the compliance of another legal Framework
  • Preform the financial audits, tested internal controls and identified the areas of improvement for all units
  • Developed and implemented audit programs, evaluated results and provided recommendation to management
  • Identify the grey areas & risk assessment in the operational procedure and check SOP guidelines
  • Implement the IFC recommendation to prevent the fraud and errors and promotes culture of openness and transparency within the entity

Assistant Manager (Commercial)

SPBP Tea (India) Ltd.
09.2015 - 07.2016
  • I am responsible for handle all day to day accounts work i.e
  • Wages, Cash Payments, Stores, all statutory records and tax payment and day to day liaison with head office Management and Govt
  • Department
  • Prepare monthly financial budget
  • Prepare daily Crop, Kamjari & Mfg
  • Report
  • Handle Cash payment of Wages & Other Regular Payments
  • Filing Monthly Vat, CST Returns, Entry Tax Returns & Other Statutory Returns
  • Experience to Handle VAT, CST, E
  • Tax, Specified Land, and Assessment of long pending Case
  • Looking Store Procurement
  • Prepare Garden annual Budget
  • Conducting Internal Audit & Statutory Audit
  • Monthly & Annual Accounts Finalization

Accounts Manager

THE ETHELBARI TEA CO. (1932) LTD.
01.2011 - 09.2015
  • I am responsible for preparation and interpretation of financial and operational reports to support the managing director
  • I also coordinate and looking administration and liaison with garden management and prepare the future plans to make cost effective
  • Finalizing monthly accounts and preparing the monthly financial budget
  • Controlling the garden management by various reporting system
  • Involved in annual budget preparation and strategic plans for potential development of Tea estates
  • Liaison with statutory auditors and internal auditors for preparing audit working papers
  • Review daily bank reconciliation and transactions
  • Prepare all necessary statutory books as per compliances required as per companies act and SEBI
  • Prepare quarterly TDS, VAT & CST Return
  • Experience to handle the VAT Audit, Yearly assessment and appeals cases
  • Experience to handle the Professional Tax assessment and Income tax scrutiny cases
  • Preparing the quarterly compliances of Calcutta Stock Exchange
  • Experience to due diligence prior to take over the above company
  • Liaison with investment banker during the take over
  • Liaison with Tea Board for various subsidy schemes
  • Periodically reconcile the party ledgers
  • Prepare the annual report with statutory auditor
  • Prepare the various documents for Banks for renewal and hypothecation of cash credit limit
  • On line auction purchase & Sale of tea and looking Gujarat (India) & Punjab (India) division sales

Account Executive

Ambootia Tea Group
01.2010 - 12.2010
  • Managing four Tea gardens individually as leading team member of accounts department and reporting directly to managing director and CFO regularly
  • I am fully responsible for interpretation of financial and operational report to senior management
  • Finalizing the monthly statutory accounts
  • Prepare quarterly TDS, VAT & CST Return
  • Review daily bank reconciliation and transactions
  • Reviewing the monthly garden budget with actual expenditure
  • Intercompany transaction
  • Verification & Passing the Bills

Accountant

Rajahbhat Tea Co. Ltd.
07.2004 - 12.2009
  • Assisting the top management in various works
  • Finalizing the monthly statutory accounts
  • Prepare quarterly TDS return
  • Prepare quarterly VAT & CST Return
  • Vat & CST case assessment and Appeal case
  • Review daily bank reconciliation and transaction
  • Internal audit & Statutory Audit of the garden
  • Helping the senior in Accounts finalization

Education

M.Com - Accounts & Finance

Annamalai University
01.2009

B. Com -

Calcutta university
01.2005

Diploma & Advanced Diploma -

Institute of computer Engineers (India)
01.2001

Skills

  • Conducting due diligence
  • Finalizing Garden Accounts
  • Statutory matters
  • Budgeting
  • Tracking spending
  • Optimizing operational costs
  • Boosting efficiency
  • Enhancing cost control
  • Data analysis
  • Reporting
  • Managing negotiations
  • Computerized environment
  • Basics
  • Ms Word
  • Ms Excel
  • Accounting Software
  • Tally
  • Grill-30 ERP
  • Oracle

Otherinterests

  • Reading
  • Travelling
  • Cricket

Languages

  • Hindi
  • English
  • Bengali
  • Assamese

Activities

  • Ex N. C. C. Cadet & 'B' Certificate holder.
  • Participated in cultural & urban development programs (such as Road Safety Week, Blood donation camp, Durga puja duty with (W.B.K. P)).
  • Participated in Delhi R. D. Camp & 15 Days camp of army attachment.

Personal Information

  • Father's Name: Sri Ram Dayal Ray
  • Date of Birth: 11/28/83
  • Gender: Male
  • Nationality: Indian
  • Marital Status: Married

Timeline

Dy. Manager (Accounts & Finance)

JAMES WARREN TEA LTD.
08.2016 - Current

Assistant Manager (Commercial)

SPBP Tea (India) Ltd.
09.2015 - 07.2016

Accounts Manager

THE ETHELBARI TEA CO. (1932) LTD.
01.2011 - 09.2015

Account Executive

Ambootia Tea Group
01.2010 - 12.2010

Accountant

Rajahbhat Tea Co. Ltd.
07.2004 - 12.2009

M.Com - Accounts & Finance

Annamalai University

B. Com -

Calcutta university

Diploma & Advanced Diploma -

Institute of computer Engineers (India)

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Anand Kumar Rai