Anuj Kumar Jain

- AR Management - Working towards achieving DSO and minimizing the risk of dues falling under bad debts. Ensuring credit exposure and appropriate approvals of exceptions and holding meetings with all the stakeholders. Analyzed customer feedback data to identify areas of improvement and develop solutions.

- AP Management - Intercompanies and Local Vendor Management. Ensuring controls in payment process and maintaining vendor payments and compliance related to MSMED Act. The royalty payment to local authors. Foreign remittances related to royalty and UMC cost to intercompany.

- Reports and analysis – Reviewing monthly management P&L, Inventory and margin related analysis. Planning and forecasting, and comparison with annual and monthly actuals. Review of major financial data, journals, GLR i.e. ensuring adequate reserves for various purposes such as TOD, warehouse rent, SRR, inventory obsolescence, royalties, bad debts, and other accruals throughout the year, including at year-end. Working on SAP implementation along with the global finance and SAP team. Monitoring financial aspects of the business, including budgeting, forecasting, and cost control for optimal profitability.

- Statutory and other compliances - Handling Statutory, Tax audit independently including preparation and finalization of the Annual Financial Statements, Tax Audit & Transfer Pricing and filing of ITR. Monthly and annual GST returns, various quarterly TDS returns, Ensuring banking related controls.

-Developed and implemented new operational procedures, streamlining daily tasks and improving overall efficiency. Motivated, trained, and disciplined employees to maximize performance.

• Looked after financial accounting & taxation matters
• Preparation of Monthly & Annual Financial Statements
• Assisted in Statutory Audit & related accounting policies
• Preparation and finalization of Tax Audit & Transfer Pricing Reports
• Preparation and filing of E- TDS Return (Salary/ Non Salary)
• Assist in preparation of MIS & other periodic review reports for management
• Processing of Pay roll, covering tax computation of Individuals and other allied activities
• Ensure timely & correct deduction of all statutory taxes viz
• TDS, FBT, PF, ESI, etc
• Production module variance analysis
• Goods-in-transit reconciliation
• Preparation and reconciliation of inter-company accounts
• Calculation of Royalties
• Documentation of Foreign Payments to Inter-company and Third Party
• Analysis of financial data & ratios
• Bill passing as per the purchase order, inspection report and company policies
• Preparation of Fixed Assets Register.

• Preparation & maintenance of statutory books of accounts, Bank Stock statements
• Preparation of Reconciliation (Bank, Parties etc.)
• Assist in Finalization of Balance Sheet
• Preparation of Bank Projects
• Liaisons with Parties for outstanding payments / Sales tax forms/ TDS certificates Preparation of dispatch instruction, Dispatch documents etc
• Preparation of Quarterly/Annual Electronic TDS Return
• Bill passing as per purchase order, inspection report & company policy
• Assistance preparation of MIS and other periodic review reports for management
• Preparation of statutory records of excise, Excise return ER-2, Refund claims & files intimation, to attend excise auditor, Liaisons with excise authority, Execution of Bond for export and import, Export and Import documents any requirement by the excise department
• (CT-3, Procurement Certificate, Rewarehousing Certificate, PLA Register and Reports)
• Documentation related to NSEZ, Noida (Quarterly Progress Report, Annual Return, Permission for DTA Supply and DTA Sale etc.)

• During this period, gained considerable work experience and knowledge through exposure to diversified clientele
• The experience gained covered all areas of audit as well as maintenance of books of accounts
• Responsible for evaluation and review of internal control procedures, matters relating to Statutory Dues and finalization of Trial Balance, Profit & Loss Account and Balance Sheet with Tax Audit report
• Job responsibilities included Audit Matters (Statutory audit, Tax audit and Internal audit including Cost Reduction & Stock Audit of various proprietary, partnership, private limited and limited concerns) and Accounting Matters (Finalization of Financial Statements).