H C KARTHIK
Finance & Accounts
Bangalore,KA
Summary
Seventeen Years of experience in General Accounting, Worked as Senior Executive Finance and as Assistant Accountant in Auditing the Clients for Book of Accounts, Disbursing employee expenses. Responsible for generating the Cash Report to the Finance counterpart in the USA. Single point of contact for External Audit, Internal Audit and Intercompany entries. Two years of experience in Sales and Marketing, Banking, as Financial Advisory for Commercial Vehicle Loans. Ability to understand the financial objectives of the Company. To make a strong orientation towards my Job Accomplishments and to become an asset in the Finance department and to the organization. To use my adaptability, excellent communication skills, capability for fast learning enthusiastic and a team player to help achieve the overall objectives of the organization.
Overview
21
21
years of professional experience
Work History
Senior Finance Executive
Tarang Software Technologies Pvt. Ltd.
03.2016 - Current
- Managed the accurate and timely processing of up to 800 invoices per month for large, multi-site organizations.
- Having sound knowledge on GST.
- Improved efficiency by eliminating unnecessary reporting and implementing new, streamlined controls and reporting for AP, Handling Payment process for validated invoices. With-holding Taxes wherever is applicable.
- One point control for External & Internal Audit.
- Facilitated "no-fault" internal and external audits as a result of sound recordkeeping and thorough documentation.
- Disbursements activities at the division (Employee related & Vendor payments) – Appx 50+ payments in a month.
- Proper Deduction & Deposit of Withholding Tax applicable on Vendor Payments.
- Issuance of TDS Certificate (Form # 16A) to the vendors within the due date.
- Calculation & Filing of Quarterly Return of TDS (Form # 26Q).
- Banking activities at Bangalore Centre with Banks to ensure smooth relationship.
- Effective & Timely Management of funds to ensure optimum usage.
- Preparation of Monthly Bank Reconciliation to ensure proper accounting.
- Sound knowledge on payment through NEFT/RTGS.
- Tarang Software Technologies is a leading Electronic Payments Solution provider. We are the preferred partner for such solutions to Banks, Payment Gateways, Payment Processors, Card Associations, Device Manufacturers, Telcos and Retail merchants. Tarang is a specialized company in elearning. Our multimedia artists craft exquisite courseware and training ware for Enterprises. Our repertoire of Training courses include Induction, Sales force, Process, Soft Skills, Health and Safety, Diversity Management, Products, Education and Technical courses. We work in verticals such as Education, Automobile, Publishing, Information Technology and Hospitality.
Senior Accountant
Arithra Consulting Pvt. Ltd.
01.2015 - 02.2016
- Responsible for verify the accounting transactions books of accounts of Clients.
- Auditing whether all entries which were passed by accountant are correct as per accounting standards, Income Tax Filing for the clients.
- Managing a team of two accountants working for clients.
- Reviewing their work once in a week.
- Visiting client place for improving the process of accounting & finance.
- Maintaining monthly statutory compliances for our clients.
- Generating Form 16A for vendors.
- Arithra specializes in providing Financial Advisory, Restructuring & Turnaround and Performance Optimization services to such companies. Arithra believes that to sustain & accelerate growth, the MSME sector needs to be thoroughly competitive. We engage with companies that are doing well but need to make that quantum leap to move to the next level.
Executive Finance & Administration
Evolving Systems Networks India Pvt. Ltd.
01.2010 - 12.2012
- Disbursements activities at the division (Employee related & Vendor payments) – Appx 100+ payments in a month.
- Proper Deduction & Deposit of Withholding Tax applicable on Vendor Payments.
- Issuance of TDS Certificate (Form # 16A) to the vendors within the due date.
- Calculation & Filing of Quarterly Return of TDS (Form # 26Q).
- Educating employees during their First Travel – regarding the claim reimbursement procedure.
- Banking activities at Bangalore Centre with Banks to ensure smooth relationship.
- Effective & Timely Management of funds to ensure optimum usage.
- Preparation of Monthly Bank Reconciliation to ensure proper accounting.
- Advance Intimation to US office regarding the weekly planned payments.
- Report at the end of the week regarding actual payments made during the week.
- Sound knowledge on payment through NEFT/RTGS.
- Preparation of Balance Sheet, Profit & Loss Account, Trail Balance on monthly basis.
- Preparation of monthly Cash Flow after the end of the calendar month.
- Preparation of Invoice on monthly basis for US / UK.
- Preparation & Filing of Monthly & Annual Sales Tax Return.
- Preparation & Filing of Softex Forms with STPI on a monthly basis.
- Preparation & Co-ordination with STPI for all matters which requires prior approval like Import of Equipments, Bonding of the same.
- Online Payment of Direct Taxes well before the due date.
- Assisted in Preparation of Monthly Payroll Statement at Bangalore Centre (75+ employees).
- Payment of Accurate Salary on time & every time.
- Proper Calculation & Deposit of Income Tax within the due date.
- Proper Calculation & Deposit of PF within the due date.
- Proper Calculation & Deposit of Professional Tax within the due date.
- Preparation & Issue of Form # 16 (Annual basis) to Employees before the due date.
- Calculation & Filing of Monthly Return Forms (Form # 5) & Annual Return Forms related to Professional Tax.
- Calculation & Filing of Quarterly & Annual Return Form (Form # 24) related to Income Tax.
- Circulating the Draft Pay slip & Tax Sheet in the month of March before finalizing the payroll calculations with intent to ensure 100% accuracy of Income Tax calculations.
- Assisted all the admin related activities with equal sense of responsibility.
- Negotiations on Pricing aspects of all the contracts & releasing the Purchase Order for the same after finalization.
- Co-ordination with Admin & IT for the set up of the maintenance of the existing facility.
- Verification of all Business / Commercial proposals from legal point of view.
- Interaction for getting approval for import of equipment.
- Filing & handling of Bonding & De-bonding of every imported equipment.
- Filing of Softex Forms on a monthly basis.
- Evolving Systems provides activation, dynamic SIM allocation and number management software and services to communication providers globally, helping them to improve process efficiency, reduce costs and enhance their customer's experience. Evolving Systems Bangalore Branch is a 100% Subsidiary Company.
Assistant Accountant
B R Gopala Rao & Co.
03.2007 - 11.2008
- Responsible for verify the accounting transactions books of accounts of Clients.
- Auditing whether all entries which were passed by accountant are correct as per accounting standards, Income Tax Filing for the clients.
- Financial Audits for JNP (Jawaharlal Nehru Planetarium). Filing the returns of clients through internet (E-filing).
- Professionals in India, giving professional services in various finance and tax related areas. We have systematized ourselves into six divisions and give professional services in to different type of business organizations such as Corporate, Trusts, branch office in India, Partnership firms, Individuals, Non resident Indians, Non residents and Non profit making organizations (NGO).
Financial Advisor
Centurion Bank of Punjab (Contract)
04.2006 - 02.2007
- As a Financial Advisor my responsibility address the potential clients regarding the Loans for Commercial Vehicles (3 Wheeler).
- Depending on the Customer Profile based on their Income I used to process Loan Amount and Also Fix a Monthly Installment once when the necessary documents are provided.
Sales Executive
State Bank of India (Contract)
06.2005 - 04.2006
- Worked for SBI Credit Cards Sales Department was my responsibility was to fix an appointment with Clients.
- Inform about the features of the Card, Collect the necessary Documents when the client was interested in applying for the Card and process the request.
Education
MBA - undefined
KSOU (Mysore University)
B Com - undefined
Bangalore University
BangaloreSSLC - undefined
Tagore Memorial High School
BangaloreSkills
Proficient in Preparing Balance Sheet, Trading Profit And Loss Account, Vouching, Bank Reconciliation
Personnel Profile:
- Age - 42 years
- Date of Birth - 8th Jan 1982
- Gender - Male
- Nationality - Indian
- Marital Status - Married
- Passport No. - K8026026
- Language Known - English, Hindi, Kannada.
Timeline
Senior Finance Executive
Tarang Software Technologies Pvt. Ltd.
03.2016 - Current
Senior Accountant
Arithra Consulting Pvt. Ltd.
01.2015 - 02.2016
Executive Finance & Administration
Evolving Systems Networks India Pvt. Ltd.
01.2010 - 12.2012
Assistant Accountant
B R Gopala Rao & Co.
03.2007 - 11.2008
Financial Advisor
Centurion Bank of Punjab (Contract)
04.2006 - 02.2007
Sales Executive
State Bank of India (Contract)
06.2005 - 04.2006
MBA - undefined
KSOU (Mysore University)
B Com - undefined
Bangalore University
SSLC - undefined
Tagore Memorial High School