Kishore Bobdae

Knowledgeable Financial controller with over 22 years of experience bringing planning and problem-solving abilities. Focused on maximizing resource utilization to support scalable operations and increase bottom-line profitability. Organized and systematic with natural relationship-building and leadership talents.

Financial Reporting: Independently reviewing the books of accounts, preparing standalone and consolidated financial statement  and notes to accounts as per IND-AS after considering all the financials aspects of the company. Having fair understanding of financial reporting of foreign subsidiary companies in Indian Rupee and to consolidate foreign entities with Indian Holding Company. The more importance is given to financials presentation which should reflect the true financial position and give correct guidance to all stakeholders.

Audit of Accounts: Providing all the schedules, supporting documents, groupings and confirmations which will be helpful to auditors to get comfort on the financial numbers. Having experience of closing all audited related stuff including board approval of audited accounts within 30 days from the financial year end date. Preparing Tax Audit Report with proper disclosure and annexure for better understanding of Income Tax department. The same to be get audited from auditor and filed with the department on due date.

Tax Compliance: Review of monthly statutory tax liability of both direct\indirect tax and ensure payment of tax on due dates. Filing of TDS, GST and Income Tax Return on due dates. Review of Tax Audit Report and its supporting working to ensure correct filling of tax audit return. Having fair knowledge of transfer pricing mechanism. Regularly updating the amendments of rules and regulation of taxation and complying the same to avoid any tax loss. Projecting the correct profit and loss numbers to ensure accurate tax calculation and payment of advance tax.

FEMA Compliance: Having fair knowledge and process involved in setting up of subsidiary company abroad. Having experience of annual reporting such as Annual Performance Report (APR) and Foreign Liabilities and Assets (FLA) with RBI. Also worked on compliance to be followed on transfer of equity shares to foreign shareholders such as FCGPR and FCTRS.

SEZ Compliance: Review and timely filling of key compliances reports like monthly performance report (MPR), Service export reporting forms (SERF), Softex and Annual Performance Report (APR). Review of other SEZ compliances includes DTA procurement, Import-Bills of entry and bond to bond transfers.

Corporate Actions: Having fair knowledge of process involved in private placement, sub-division and issue of bonus shares, dividend payout, buy-back of equity shares and Process involved in finalizing SEBI DRHP documents.