BIREN ANIL SHAH
Navi Mumbai
Summary
Results-oriented Finance and Accounting professional with over 12 years of experience in financial reporting, planning, analysis, budgeting, project cost control, taxation, and compliance. Proven ability to optimize resources, meet deadlines, and align business objectives with team goals. Committed to delivering value through strategic insights and effective problem-solving.
Overview
14
14
years of professional experience
Work History
GM-Finance & Accounts
CORE Energy Systems Ltd
11.2024 - Current
- Heading the Finance and Accounts department of the company and overseeing all the matters relating to Finance and Accounts of Holding, Subsidiaries and Associate company in India and abroad.
- Preparation and Presentation of Financials of the company for Holding, Subsidiaries and Associates (Standalone and consolidated).
- Prepared budget and submitted for management discussion and approval, aligning financial goals with organizational strategy.
- Conducted variance analysis to identify budget discrepancies and enhance financial performance.
- Preparation and Presentation of Project wise profitability Statement & Project tracker with respect to the all the projects relating to project progress, work done, bill in advance or unbilled revenue and revenue recognition.
- Project Cost controlling and monitoring for EPC Projects relating to Nuclear Projects, Defense Projects, Infra Projects and Operation & Maintenance projects.
- Managed cash flow through effective allocation, application, and investment of funds to support operational needs.
- Treasury Management relating to renewal of Fund-based and non-fund-based Facilities (BG/LC).
- Co-ordination with the bankers to avail new Fund- based and non-fund-based credit facilities (BG/LC).
- Handling Direct and Indirect tax functions.
- IND-AS implementation.
- Implementation of ERP- Microsoft Dynamics (Business Central).
- People management and stakeholders’ management.
- Investor’s relationship management.
- Facilitated internal and statutory audits to ensure timely completion.
- Ensuring effective implementation of IFC and completion of IFC audit in time.
Deputy Manager-Finance & Accounts (Finance Controller)
Adani Group
04.2024 - 11.2024
- Worked as Finance Controller with Adani Infra India Limited.
- Project cost controlling and monitoring of EPC Projects relating to Port, Power, Airports, Mining verticals and consultancy projects of Govt. Organization such as NHAI and FCI.
- OPEX and CAPEX Budget preparation and periodic review.
- Preparation and Presentation of Project wise profitability Statement & Project tracker with respect to all the projects relating to project progress, work done, bill in advance or unbilled revenue and revenue recognition.
- Cash flow management, Debtors management and Credit control.
- Preparation and Presentation of Financial statements such as Balance Sheet, Profit and loss accounts, Cash Flow Statement and their submission to the management.
- Application with respect to GST registration and amendment in the particulars of GST registrations.
- Monitored timely filing of GST returns, including GSTR-1, GSTR-3B, GSTR-9, GSTR-9C, and GSTR-6, ensuring compliance and minimizing penalties.
- Monitoring and managing activities relating to Assessment, Appeal, Refund, summons cases and Audit of Indirect taxes.
- Ensured timely preparation and submission of data for GST Audit, collaborating with tax authorities and stakeholders to facilitate completion.
- Ensuring timely compiling of data and submission of the same with respect to appeal, refund and summons cases of GST and Income tax.
- Communication of applicable changes in Direct and Indirect taxes to the members of the company.
- Computation of advance tax working, timely filing of Tax audit report, filing of Income tax returns and reply of notices with respect Income tax.
- Ensuring timely filing of rectification applications with respect to Income tax returns.
- Coordinated with internal, statutory, and cost auditors for timely completion of internal audit, statutory audit, tax audit, and cost audit.
- Preparation and presentation of MIS relating to the Account Receivables, Accounts Payable, GST compliances, Inventory, Assessment Status of Direct and Indirect taxes.
- Focusing on Process improvement, Preparation of SOP’s, Internal Finance Control.
- Monitoring various outsourced functions with respect to Shared service centers such as Treasury, B2P, O2C, Inter-company reconciliations, Assets management, Inventory Management etc.
- Heading Indirect tax functions and Direct tax functions.
- Oversaw SEBI investigation to address regulatory inquiries and concerns.
Deputy Manager-Finance
Cadila Pharmaceuticals Limited
07.2019 - 11.2019
- Budget preparation and review, Variance analysis.
- Prepared and presented weekly dashboards on overdue receivables, NPA stock, purchase savings, production, sales, and expenses for actual versus plan analysis.
- Conducted analysis of gross contribution by SBU, region, division, headquarters, and plant.
- Reviewed expense reports to evaluate profitability and financial health.
- Cash flow preparation of group companies.
- Quarterly preparation of group companies accounts.
Assistant Manager- Finance and Accounts
Bhatia Brothers FZE-Dubai
12.2018 - 02.2019
- Forecasted and budgeted financial data, generating comprehensive MIS reports.
- Preparation of budget and performing variance analysis.
- Managed accounts payable, accounts receivable, general ledger, and inventory functions to ensure accuracy.
- Prepared financial statements to support accurate reporting and compliance.
- Preparation of ageing schedule of accounts receivable and their analysis.
- Follow up with the sales team for the timely collection of debts.
- Developed action plans to identify and implement cost reduction strategies.
- Coordinate with Internal and Statutory auditors for timely completion of an audit.
- Compiled and filed documents for VAT audit compliance with UAE VAT law.
- Preparation of material requisition plan.
- Directed consumer product division management to achieve strategic goals.
Assistant Manager-Accounts
Mott MacDonald (India) Pvt. Ltd (UK based MNC)
06.2017 - 11.2018
- Managed accounting processes in compliance with IFRS.
- Engaged in and reviewed month-end and year-end activities to ensure accuracy and compliance.
- Reviewed and prepared books of account and balance sheet schedules to maintain financial integrity.
- Management of the shared service center of MESA (Middle East and South Asia) region.
- Reviewing and managing AP, AR and GL functions and carrying out Ledger scrutiny.
- Review of Inter –company reconciliation and settlement.
- Coordination with team of Internal and statutory auditors of Big 4’s.
- Implementation of GST in the company.
- Reviewing the data from D&B relating to prospective clients relating to projects.
- Suggest an action for bidding on the project to the project manager.
- Performing a due diligence check of the client.
- Cash flow management and preparation.
- Co-ordination with the Treasury team for effective cash flow management.
- Preparation and review of dashboard relating to accounts receivable and country score card.
- Streamlined operations by implementing process improvements that enhanced overall performance.
Assistant Manager-Accounts
Gala Infrastructure Pvt. Ltd.
12.2014 - 06.2017
- Engaged in and reviewed month-end and year-end activities to ensure compliance and accuracy.
- Oversaw adherence to direct and indirect tax obligations.
- Preparation of annual accounts as per Accounting Standards (IGAAP).
- Evaluated related party transactions to ensure proper accounting practices.
- Prepared data for filing of statutory returns, ensuring timely submission and adherence to regulations.
- Coordinated with internal and statutory auditors to facilitate smooth audit processes and address inquiries.
- Conducted costing and budgeting activities for the project.
- Prepared cash flow analyses to ensure liquidity and financial stability.
- Compiled and submitted MIS reports for management review.
- Completion of tax audit on time and coordination with auditors.
Chartered Accountant- Consultant
12.2013 - 11.2014
- Providing consultancy services in the field of Direct taxes, Indirect taxes, Financial Reporting, Budgeting and compliance.
Article Assistant and Audit Assistant
B. M. Bhojak & Associates
02.2012 - 06.2013
- Conducted tax audits and generated financial reports to support strategic decision-making.
- Compiled direct and indirect tax documentation to ensure regulatory compliance.
- Executed stock and internal audits to ensure compliance and accuracy of financial records.
Education
Chartered Accountancy -
Institute of Chartered Accountants of India
Noida, India01-2013
Master of Commerce -
Gujarat University
Gujarat, India04-2011
Bachelor of Commerce -
Gujarat University
Gujarat, India04-2008
Skills
- Financial Strategy
- Financial Analytics
- Strategic Planning
- Data analysis
- Power BI
- SAP HANA & ECC 60
- Microsoft Business Central
- Tally ERP
- Lawson
- People Manager
- Team Leader
- MS Office
Personal Information
- Date of Birth: 07/08/88
- Marital Status: Married
Career Achievements
- Receipt of GST refund with respect to Supply to SEZ without payment of GST of Rs.200 crs.in a single financial year and Rs.450 Crs.in two financial year with HOWE Engineering Projects (India) Pvt. Ltd.
- Successful implementation of UAE VAT and GST in Mott MacDonald (India) Pvt. Ltd.
- Successful implementation of Ind-AS and ERP in Core Energy Systems Limited.
Timeline
GM-Finance & Accounts
CORE Energy Systems Ltd
11.2024 - Current
Deputy Manager-Finance & Accounts (Finance Controller)
Adani Group
04.2024 - 11.2024
Deputy Manager-Finance
Cadila Pharmaceuticals Limited
07.2019 - 11.2019
Assistant Manager- Finance and Accounts
Bhatia Brothers FZE-Dubai
12.2018 - 02.2019
Assistant Manager-Accounts
Mott MacDonald (India) Pvt. Ltd (UK based MNC)
06.2017 - 11.2018
Assistant Manager-Accounts
Gala Infrastructure Pvt. Ltd.
12.2014 - 06.2017
Chartered Accountant- Consultant
12.2013 - 11.2014
Article Assistant and Audit Assistant
B. M. Bhojak & Associates
02.2012 - 06.2013
Chartered Accountancy -
Institute of Chartered Accountants of India
Master of Commerce -
Gujarat University
Bachelor of Commerce -
Gujarat University