Binod Baranwal

To make a career with the organization where continued professional growth is encouraged and challenging assignments can further strengthen my professional abilities and growth.

21 Years of experience working with top notch & growing companies as Wood Group, Videocon, Indus Towers, Krishna Maruti Limited etc. Good management skills and abilities in liaising. International exposure. Visited three times to Abu Dhabi/Dubai for official work, Business Meeting.

Key Areas of Experience Financial Accounting / Accounts Payable / Accounts Receivable / Taxation / Auditing & Balance Sheet / Payroll Processing / Payroll and GL’s Reconciliations.

Financial Accounting

• Knowledge of all GL related transactions like Salary / Prepaid Insurance / Prepayment Expense / Amortization schedules / Depreciation / Accruals etc.
• Intercompany reconciliation and accounting.
• Review Trial Balance on monthly basis.
• Open/Close GL module into Oracle.
• Maintain Chart of Accounts.

Account Payable

• Knowledge of Supplier invoices validation & Processing & Employee claim audit and payment within due dates.
• Prepare and review Month end accrual details and accounting for the same.
• AP Vs GL Reconciliation.
• Supervision of Bank reconciliations & correspondence with Bank for fixed deposit etc.
• Knowledge of AP module closing in oracle.

Account Receivable

• Prepare Customer invoices as per agreement / Purchase order / RFQ and accounting for the same and submit to customer.
• Collection of Payment and creating receipts accounting.
• Prepare Debtors Aging report and follow-up for payment with customers.

Taxation

• Calculate withholding tax liability and deposit timely.
• Prepare Withholding tax return and submit through Compu TDS software.
• Extract form-16A and issue to suppliers.
• Preparation of GST Input Credit Register.
• Validation of GST liability and discharge through input Credit.
• Payment of GST liability on various services.
• Preparation and submission of GST return.

Auditing & Balance Sheet

• Co-coordinating with Statutory and Internal Auditors in preparing the related Annexure & Schedules.
• Co-ordinate with company secretary for various Board minutes / extracts / resolution / AGM / Notices / ROC filing etc.
• Support in finalization of Balance sheet.

Payroll Processing

• Maintain Employee master data for processing of payroll.
• Check payroll and process the payment.
• Calculate Withholding tax liability of Employee and pay online.
• Calculate PF, ESI, LWF liability and make the payment.

Payroll and GL’s Reconciliations

• Prepare and Review various Balance sheet GL reconciliations every month.

MIS Reporting

• Prepare various MIS report as per company format and report to management as per reporting calendar.

Authorization of payments

• Approving payments in various bank like HSBC, Citibank, BNP, JP Morgan, Ecobank, azerbaijan, ANZ, Barclays, Yepikedi Bank, BSP etc.

Other work

• Share capital arrangement from outside of India and reporting to RBI as per Fema Guidelines after taking support from Company Secretary.
• Reporting to RBI (FC-GPR Part-A and Part-B) as per guidelines from Company Secretary.
• Co-ordinate with Revenue department for payment of stamp duty on share capital.
• Got various time appreciation letter from Director-Finance for above work.

• MBA (Finance) from Dyalbagh Education Institute Agra.
• B.Com (A/c Hons.) from S. K. University, Dumka, Jharkhand

Presently working with Wood Group PSN India Private Limited as Subject Matter Expert- Finance & Accounts. The company Offers to provide Global Finance Shared Services to foreign client based into UK, US, Australia, Middle East, Kazakhstan, Azerbaijan, Netherland, Taiwan etc.

Job Description-Finance Shared Services from Sep-2018 to Till date

Cash Management & Balance sheet GL reconciliations-UK and Africa (International exposure)

• Review Unreconciled cash management register of various entities and support provide to all team member for open items resolutions.
• Posting of Various JV’s in multiples entities.
• Authorizing various payment through online banking portal.
• Review Critical and Non-Critical balance sheet GL reconciliations for various entities.
• Participate in daily / weekly / monthly team meeting.
• Team handling, create motivation and positive attitude, increase productivity.
• Take follow-up with all team member’s and various internal team’s including business/stakeholder’s as per day to day work.
• Schedule various meeting to discuss, prepare minutes of meeting, circulate, and take follow-ups and timely to resolved the issues.
• Share ideas, experience with another team member.
• Work with the Team to Streamline the existing processes.
• Finding our ways to bring improvement in current processes.
• To bring quality, efficiency in deliverables by setting up a plan of targeting each process & work one at a time.
• Improve the quality of reconciliation (Critical, Non-Critical including payroll reconciliations)
• Identifying training requirements within team and provide.
• Encourage teamwork, ensuring the proper planning of work to meet all deliverables and maintaining a work life balance for all.
• Encourage team to give new improvement ideas and helping them in achieving the set goals.
• To complete any mandatory trainings such as data privacy, integrity and GDPR on time and ensuring all team members completes on time.
• Regular and effective communication with Stakeholders.
• Completion of SOP within the set deadlines.
• Ensuring the work to be completed on time.
• Timely providing of audit related information to statutory as well as internal auditors.
• Take responsibility and ownership of work.

Payroll Reconciliations (UK) International exposure

• Support to Extract various reports from Oracle/OBIEE like FA08, FA16, FA25 and Trial Balance report.
• Review Payroll GL’s reconciliations and submit to business as per due date/month end timetable.
• Support to team member to Investigate payroll reconciliation open items with payroll team and get resolved.
• Checking of Various UK Payroll taxes payment like HMRC, Pension, Third Party Liability and matched with Ledger/GL (FA08 report).
• Analysis of Various process of flex benefit scheme like Cycle to work, Technology, Computer share & finalize the process and share with AP and Payroll team to follow.
• Got various appreciation emails from Business to resolve various old open Items in payroll reconciliations.
• Daily meeting with payroll team to resolve various open items.
• Provide training to various team member for payroll reconciliations and resolving open items.
• Develop knowledge into payroll team in terms of payroll accounting, open item investigation and their resolutions.
• Weekly meeting with stakeholder’s and give priority to resolve open issue’s.
• Worked on Payroll Accounting Improvement-Balance sheet reconciliations will be prepared from single entity only where bank account is sharing in multiple entities.

RFC Work (Overhead accounting-UK) International exposure

• Reviewing UK cost rate on weekly basis.
• Reviewing various JV related to overhead accounting and post.
• Reviewing Flash report.

Job Description-Finance Shared Services from Jan-2017 to Aug-2018.

Accounts Payable (Middle East) International exposure

• Processing of Suppliers Invoices into Azolve.
• Audit of I-Expense
• Prepare Invoice Authorization report and send to business on weekly basis and take follow-up.
• Prepare Month end accrual details and accounting for the same.
• Prepared Various SOP’s related to Accounts Payable activity.
• Got appreciation letter from Finance Manager for quality work in Middle East in 2017.

Support to Accounting and Payroll Team (India)

• Support to GL Team on various things like calculation of depreciation, Prepaid Expense, Prepaid Insurance amortization, Balance sheet GL reconciliations.
• Support to Payroll team for payroll related activity.
• Co-ordinate to company secretary for various type of Board Minutes, resolutions, annual return etc.
• Co-ordinate & Support to auditor and tax consultant for statutory audit, Balance sheet and filing of company Income tax return.

Job Description-Engineering Division from Sep-2012 to Dec-2016. (India)

Account Payable

• Knowledge of Supplier invoices validation & Processing & Employee claim audit and payment within due dates.
• Prepare and review Month end accrual details and accounting for the same.
• AP Vs GL Reconciliation.
• Supervision of Bank reconciliations & correspondence with Bank for fixed deposit etc.
• Knowledge of AP module closing in oracle.

Account Receivable

• Prepare Customer invoices as per agreement / Purchase order / RFQ and accounting for the same and submit to customer.
• Collection of Payment and creating receipts accounting.
• Prepare Debtors Aging report and follow-up for payment with customers.

Taxation

• Calculate withholding tax liability and deposit timely.
• Prepare Withholding tax return and submit through Compu TDS software.
• Extract form-16A and issue to suppliers.
• Preparation of GST Input Credit Register.
• Validation of GST liability and discharge through input Credit.
• Payment of GST liability on various services.
• Preparation and submission of GST return.

Auditing & Balance Sheet

• Co-coordinating with Statutory and Internal Auditors in preparing the related Annexure & Schedules.
• Co-ordinate with company secretary for various Board minutes / extracts / resolution / AGM / Notices / ROC filing etc.
• Support in finalization of Balance sheet.

Payroll Processing

• Maintain Employee master data for processing of payroll.
• Check payroll and process the payment.
• Calculate Withholding tax liability of Employee and pay online.
• Calculate PF, ESI, LWF liability and make the payment.

Payroll and GL’s Reconciliations

• Prepare and Review various Balance sheet GL reconciliations every month.

MIS Reporting

• Prepare various MIS report as per company format and report to management as per reporting calendar.

Videocon Telecommunications Limited. Aug-2010 to Sep-2012  (Gurgaon)

Indus Towers Limited   Oct-2008 to July-2010  (Gurgaon)

Tower Vision India Pvt. Ltd   Oct-2006 to Sep-2008   (Gurgaon)

Krishna Maruti Ltd.     July-2003 to Sep-2006   (Gurgaon)

• Working Knowledge Oracle 11i and R-12
• Good knowledge of Accounting Package Tally
• Good knowledge of Accounting Package Sofgen.
• MS Office - Knowledge of Ms Excel, MS Word with various Analytical commands in Excel like sorting, filter, subtotal, sum if, pivot table, v look up command, linking etc.
• Learning Power BI and Power Query.

• Passport Number: W5107102
• Father's Name: Mr. Tripurari Baranwal
• Date of Birth: 01-Feb-1981
• Nationality: Indian
• Marital Status: Married