Chandra Kanth. B

MSME Credit Appraisal, Financial Statements Analysis, Preparing CMA & Financial Models, MSME Credit Ratings, MSME Portfolio Monitoring, Legal Documentation, Team Management & Corporate Finance Consultancy to Start-up and MSME.

Skill Set

* Analysis of Balance Sheet, Profit & Loss, Fund Flow, Cash Flow Statements.
• Analysis / Preparation of CMA, Financial Models, Project Reports (DPR), TEV Reports.
• Preparation of Credit Appraisal Note and Presenting to Sanctioning Committee at FI’s.
• Good Understanding of Statutory Audit Reports & Income Tax Returns.

• Assessment of CC / OD, LCs, BGs, Export Credit and Project Loans.
• Can work on Renewals and Enhancement of Credit Limits.
• Knowledge on Legal aspects of Securities & Legal Documentation for Credit Limits.
• Conducting / Coordinating Factory & Property Visits by Bankers, Valuators & TEV Consultants.
• Knowledge of Statutory Approvals requirement for Businesses & New Projects
• Team Management, Annual Business Plans Executing, Strategizing, Hiring & Grooming.

Managed CAPEX & REVENUE at early stage of start-up/pre-opening of the Micro-Brewery business.

Oversee the effective implementation of accounting policy such as payables, bill passing, reconciliation, preparation of vouchers, book keeping entries into the respective ledgers etc. in line with the accounting standards and organizational guidelines include CASH Management.

Ensure timely processing of vendor and contractor payments.

Coordinate with Auditors to ensure timely submission and review of financial statements; Ensure adherence to all statutory requirements and guidelines and procedures.

Ensure adequacy of funds from receivables

Ensure No Cost Escalation due to Accounting/Contract errors

Provide inputs in formulation of departmental budget and ensure adherence to the same

Preparation of Information Memorandum/Detailed Project Report with CMA.

Started career as consultant and observed as Contract employee later last 5 months on roll employee for Migration process of accounting package from FOCUS ERP to SAP B1.

Key Responsibilities:

Provide inputs to the Contracts Team to reconcile the bills raised by the contractors and ensure timely payments as per the pre-set contractual conditions

Oversee cost control measures to minimize cost leakages throughout the activities of the Accounts Department

Ensure No Cost Escalation due to Accounting/Contract errors.

I was Responsible for Working Capital Management & Renewals, Co-ordinating with SBI Oversees Branch - LHO Bangalore and Canara Bank - Khammam Branch for all reporting's, FLC Discounting's, Receivables & Payables.

I was responsible for BLUE Print finalisation for ERP Migration process.

Internal Audit & Statue Audit’s. Cost Audit. Income Tax and Service Tax Appeals.

Key Responsibilities:

I was responsible for Internal Audit & Statue Audit’s. ROC compliances. Audits of Income Tax & Service Tax. Cost controlling. Started In-house accounting for it’s Inter Company Called Morpheus. Accounts payable & receivables. Payroll management.

Internal Auditing by : M/s. C G S & Co

Statutory Auditing by : M/s. Delloite’s

I was responsible for Working Capital renewals & Re-Structuring of Working Capital with Financial Institute’s under consortium banking. Statutory Audits of 2 years. IT Returns Filing.

Registrar Of Companies - Compliances.

Fund Rising - “Venture Capital”.

Prepared 5 year’s Business Plan & Financial Plan, Share Valuations.

Treasury Works (LC/BG, Post & Pre-Imports, LC & Bill Discounting)

Accounts Payable Reconciliations. Accounts Receivable (Retentions) recovery.

Statutory Audits by : M/s Anbalagan & Co

KEY achievement: - Exclusively associated to Rise Private Equity from IDFC & UTI about Rs. 200Cr.

A) PRIVATE EQUITY WORKS (for IDFC FUND III) such as;

Financial Due-Diligence with KPMG

Project Wise Cost analysing; Receivables; Retention analysing & Profit analysing

Legal Due-diligence with AMARCHAND MANGALDAS

Compiling the Statutory Registers & Compiling the required ROC formalities, Clearing Conditional Precedent & CS Communicating regularly and effectively with clients, investment bankers, financial

- Institutions and all other parties involved financing

B) Internal Audit’s & Statutory Audits’ for the year 2007-08 & 2008-09 of Deepak Cables (India) Ltd – by Brammiah & co & KPMG;

Yeshodha Conductors Pvt Ltd – by P C Shekar & Co & Brammiah & co

Surya Transmission Ltd - by Shridhar & Mohan

Shah Brother & Mercantile Pvt Ltd - by Shridhar & Mohan

C) Working Capital Enhancement from Rs. 650 Cr to Rs.1250Cr under consortium with 7 Banks (PSU’s & Pvt Banks)

D) Spearheading the entire gamut of financial operations in the BU’s encompassing MIS reporting, business analysis, presentations etc to PE’s.

E) Single Point of contact for IDFC & UTI PE Investors for Reporting’s

F) EXCISE AUDIT for the period Sept-07 to Aug-08

G) 7A AUDIT for PF pending from 2003 is being attending

1. Raised DEBT to the tune of Rs. 40 crores from State Bank Group consortium of SBI & SBT during Dec 2007 for Working Capital requirements. Communicating regularly and effectively with clients, investment bankers, financial institutions and all other parties involved financing (Including Payable & Receivables).

2. Spearheading the entire gamut of financial operations in the BU encompassing financial planning & control, MIS reporting, business analysis, presentations etc.

3. Involved in achieving company turnover from Rs.8 Cr to Rs.200 Cr as on date within 10 crores NFBL from Financial Intuition.

4. Successfully brought down the debt outstanding for last 4 years.

5. Review of Costing and Pricing for profit improvement plan. Active participation in incentive disbursement to the franchisees.

6. Monitoring and controlling the variable overheads. Performance of C&F agencies, negotiation with C&F agents.

7. Got Converted Partnership concern to Public limited on Oct-2007 in order to meet the corporate goals.

8. Held responsible for smooth functions in General Administration. Salary Administration for 600 + employees.

9. Introduced much useful code of conducts among the worker & Staffs in order to meet the industry standard.

10. Registered voluntarily with statue bodies to meet the statutory compliances.

11. Company recognised my performance and took me in to the Board as a Share Holder

Accounts & Finance:

Day to day activity in accounts, Reconciliation of debtors & creditors. Bank reconciliation.

Trial balance extraction to report monthly with MIS to group FC & Director. Costing & Budgeting. Portfolio Management Analysis of budgets on actuals’ Capital & revenue expenditure. Manpower Projection & turnover funds requirement for CAPX expenses etc.,

Assisting to Auditors for Audits & finalising balance sheet.

Treasury:

LC’s {FLC & ILC}; BG’s. PG’s. TT – for import & Consultancy Per & Post Import payment formalities.

Fixed Asset: - Verification & Identification. FA & WIP Schedule preparation.

Audit’s: Coordinating with Statutory Auditors.

Direct & Indirect Taxation likes,

1) Sales tax functions right form FORM 3 – Monthly returns, FORM 4 – Annual turnover comprised with Details of the SALES & PURCHASES.

Sales details consist of (a) Local sales includes second sales, FORM 37 sales, FORM D,

(b) Interstate sales against FORM C and FORM D, (c) Sales In transit against FORM E1

(d) Export sales to claim exemption under EOU (f) In-direct EXPORT against FORM H.

Appeared for ASSESSMENT with CTO & ACCT.

2) Central Excise activities like Maintaining of its all registers and filing it’s related forms periodically / Quarterly / Half Yearly / Annually. And liaisoning to Govt Official regarding to concerned activities.

3) STPI Activities like getting prior approvals for import of required materials on FOC / Loan Basis/ Outright Purchase of capital goods, Re-warehousing, bonding and de-bonding of the STPI materials, filing Monthly/ Quarterly/ annual returns. CG Enhancement activities. Filing SOFTEX forms and other related activities.

4) Customs – EOU Functions like CT3 procurements. Bonding & Debonding of Customs materials. Re-Exporting of imported items.

Commercial & Purchasing Activities –

Procurement, contract negotiation, Logistics, Warehousing & Supplier/Vendor Management, and Competitive bids Obtaining, Supplier selection. Negotiations’. STPI & Customs Process for import/export.

Human Resource & Personnel Management:

a) Sourcing profiles from Portals (Naukri, Job Street, and Monster)

b) Maintaining and Updating Database

c) Handling the Joining Formalities. Responsible for on boarding mails & Induction Programs for new joiners.

d) Responsible for Employee Engagement (sending motivational mail on daily basis & Birthday wishes)

e) Conducting background investigations / Verification in terms of Salary Annexure, Current Company etc.

Office Administration:

a) Coordinating with different departments within the organisation.

b) Travel Booking - International Routings, Air and Surface.

c) Hotel Room Reservations, Banquet Bookings

d) Vendor management & liaisoning with various government departments. Ordering & Procurement of general stationery {Inventory & Stocking}

e) Maintenance of all Office and communication equipment’s,

f) Housekeeping. Managing Cafeteria. Transportation. Security agency & Property management & Infrastructure maintenance (both inside & outside the office).

1. As single army personnel in accounts department - lead all the Accounting, Audit, and Financial work for more than 4 years.

2. Registered voluntarily with statue bodies to meet the statutory compliances.

3. Accounting Manual Prepared to follow the procedural rules within the organisation.

4. Held responsible for smooth functions in General Administration. Salary Administration for 120 + employees.

5. Negotiated with STPI – to use the materials before bonding to meet the deadline of the engineering projects.

6. Reporting to the EUROPE & ASIA’s FINANCIAL CONTROLLER Ms. Belinda Williams in Germany

=> Function of this company was manufacturing of Outdoor Switchgears.

=> Here my responsibilities were handling books of accounts. Finance handling

=> Along with all statutory activities like ESIC, PT, PF, Sales tax, Central excise, maintaining & reconciling its registers. Backlog of 3yrs Sales tax & Professional tax assessments completed

=> Corresponding to suppliers to supply & customer supporting, controlling INVENTORY.

=> Reporting to Managing Director.

Manual A/c’s handling daybook, ledgers like debtors, creditors, and general ledger. Journals, Purchase, Sales, and Returns. Postings, Pay roll. ESIC books. Attendance registers maintaining etc, Banking Reconciliation’s.

Extracting Trial Balance. Assisting to Company Auditors.

Conducting the Vouching, Checking, reconciliation of accounts, Ledger scrutiny & Analysis of trial balance. Key Clients Handled Viz., M/s Marriya Enterprises; M/s. Coirfoam (I) Pvt Ltd; M/s Niche India & M/s Niche International.

Reporting to Accounts Manager.