Lalit Dhabria
Rewari
Summary
Dynamic finance leader with extensive experience at Toyota Material Handling India, excelling in financial analysis and internal auditing. Proven track record in budgeting and forecasting, ensuring compliance with tax regulations. Adept at leading teams and implementing SAP solutions, driving efficiency and accuracy in financial reporting.
Overview
23
23
years of professional experience
Work History
Head (Finance & Accounts)
TOYOTA MATERIAL HANDLING INDIA PVT. LTD.
09.2023 - 03.2025
- Company Overview: Japanese MNC engaged in Providing Material Handling & Logistics Solutions
- Handling a team of 9 executives, monitoring their work & reporting to the Managing Director.
- Looking after finalization of accounts in Microsoft D365 environment.
- In charge of internal audit, statutory audit & J-Sox audit.
- Preparing annual & 5 years projections along with departmental budgets.
- Working upon inputs for Transfer pricing study.
- Finalizing periodic MIS Reports including monthly Income statements, Budget Vs. Actual analysis, Cash Flow Statement & Balance Sheet, Intercompany reconciliation, reporting to headquarter, Japan.
- Complying with statutory requirements relating to Direct as well as Indirect Taxation including GST, Customs, Income Tax etc. ensuring maintenance of statutory records thereof.
- Ensuring filing of GST Returns, TDS Returns, MSME Returns in time.
- Correspondence with banks for domestic & foreign remittances, BG issuance & other routine working.
- Correspondence with foreign group companies for payments & reconciliation purpose.
- Handling various assessment notices & proceedings relating to Direct & Indirect taxation.
- Japanese MNC engaged in Providing Material Handling & Logistics Solutions
AGM (Finance, Accounts & Costing)
PIGEON INDIA PVT. LTD.
Gurugram
05.2021 - 08.2023
- Company Overview: Leading Japanese MNC engaged in the manufacturing of baby and mother care products
- Handling a team of 8 executives (4 at Corporate in Gurugram and 4 at the Factory in Noida), monitoring their work, and reporting to the Managing Director (Corporate) and Factory Head (Factory).
- Looking after whole financial accounting functions up to finalization of accounts i.e. General Ledger Accounting, Receivables Accounting, Payables Accounting, Import/Export Accounting, Preparation of BRS etc.
- In charge of Quarterly internal audit & statutory audit upto final accounts preparation.
- Setting up cost accounting mechanism, working upon BOM data, preparing various cost reports on monthly basis, variance analysis between standard cost & actual cost.
- Preparing annual & 5 years projections along with departmental budgets.
- Working upon inputs for Transfer pricing study.
- Finalizing periodic MIS Reports including monthly Income statements, Budget Vs. Actual analysis, Cash Flow Statement & Balance Sheet, Intercompany Reco checklist, consolidating & finalizing accounts of Factory & HO & sending to Headquarter, Japan.
- Finalization of monthly payroll & employee taxation.
- Computation of total income & taxes thereon for expatriates, filing Income Tax Returns.
- Fulfilling documentation work & other formalities for import/export & Foreign remittances.
- Representing company at quarterly Global Finance Meetings.
- Leading Japanese MNC engaged in Baby & Mother Care Products Mfg. & Trading
Manager (Finance, Accounts & Costing)
TAKAHATA PRECISION INDIA PVT. LTD.
Neemrana
09.2013 - 05.2021
- Company Overview: Leading Japanese MNC engaged in Injection Molding & Auto Parts Mfg.
- Handling a team of 4 executives, monitoring their work & reporting to the Managing Director.
- Setting up cost accounting mechanism, working upon BOM data, preparing various cost reports on monthly basis, variance analysis between standard cost & actual cost.
- Looking after whole financial accounting functions up to finalization of accounts i.e. General Ledger Accounting, Receivables Accounting, Payables Accounting, Import/Export Accounting, Preparation of BRS etc.
- In charge of Quarterly internal audits & statutory audit.
- Preparing MIS Reports including monthly Income statements, Budget Vs. Actual analysis, Cash Flow Statement & Balance Sheet & sending to Headquarter, Japan.
- Preparing annual & 5 years projections along with departmental budgets.
- In charge for successful ERP implementation at the company.
- Documentation work for ECB Loans from Group Companies.
- Complying with statutory requirements relating to Direct as well as Indirect Taxation including GST, Customs, Income Tax, VAT etc. ensuring maintenance of statutory records thereof.
- Finalization of monthly payroll & employee taxation.
- Computation of total income & taxes thereon for expatriates, filing Income Tax Returns.
- Correspondence with foreign group companies for payments & reconciliation purpose.
- Representing company at half yearly Overseas Global Finance Meetings at USA, Japan & China.
- Leading Japanese MNC engaged in Injection Molding & Auto Parts Mfg.
Manager
BHAGWATI KRIPA PAPER MILLS PVT. LTD.
Jaipur
12.2010 - 09.2013
- Company Overview: Paper Mfg. Unit
- Handling a team of 7 executives, monitoring their work & reporting to M.D.
- Looking after whole financial accounting functions up to finalization of accounts i.e. General Ledger Accounting, Receivables Accounting, Payables Accounting, Import Accounting, Preparation of BRS etc.
- Complying with statutory requirements relating to Direct as well as Indirect Taxation including Customs, Central Excise, Service Tax, Value Added Tax, Income Tax etc.
- Ensuring timely statutory compliances i.e. Excise Duty, Service Tax, TDS, VAT, CST, PF, Custom Duty etc.
- Finalization of Payroll & Employee Taxation.
- Correspondence with Banks for day to day working i.e. Opening Foreign Letter of Credit, Buyers’ Credit, using RTGS, NEFT facility for making payments, submitting Stock Statements, FFR, Documentation for term loans etc.
- Fulfilling documentation work & other formalities for importing Raw material from other countries.
- Reconciliation & scrutiny of ledger accounts.
- Follow up with Account receivables for releasing outstanding payment as per the payment terms decided.
- Paper Mfg. Unit
Asst. Manager
MURLI INDUSTRIES LTD
Chandrapur
11.2009 - 12.2010
- Company Overview: Cement Mfg. Unit
- Working in SAP environment, leading a team of 8 executives & reporting to VP.
- Working as SAP Core team member for implementation of SAP CO Module.
- Looking after matters related with transporters, contractors, suppliers accounting.
- Looking after costing aspects & preparing MIS reports.
- Correspondence with P&A, Logistics, Purchase, Stores & Excise Deptt.
- Looking after matters related with TDS, Service Tax, Excise Duty, VAT, P.F. etc.
- Reconciliation & scrutiny of ledger accounts.
- Follow up with H.O. for releasing outstanding payment to creditors.
- Looked after issues related with Purchase Deptt.: i.e. working upon purchase indents received from various deptts., inviting quotes from various vendors, preparing C.S. negotiating & finalizing terms of purchase order.
- Cement Mfg. Unit
Asst. Manager
SYSTEMATIX SHARES & STOCKS (I) LTD
Mumbai
09.2008 - 10.2009
- Company Overview: Stock Broking House
- Preparing various details & schedules for statutory audit.
- Attending internal auditor as well as Statutory Auditors.
- In charge of Timely Payment of Service Tax, Fringe Benefit Tax, Stamp Duty, Provident Fund, Profession Tax & TDS and filing its returns.
- Working of TDS factors Filing of E - TDS Return preparation / submission of TDS certificates.
- Finalization of Payroll & Employee Taxation.
- Database Management of Employees Tax Declaration forms.
- In charge of Fixed Assets Software.
- Reconciliation & Scrutiny of Ledger accounts.
- Stock Broking House
CA ARTICLESHIP
M/S. SRAWAN KR. DIDVANIYA & CO.
Kolkata
12.2003 - 06.2005
- Statutory Audit of Pvt. Limited Companies, Individuals and Partnership firms.
- Preparing Computation of Income, filing of Returns.
- Correspondence with Income Tax authorities for preparing & filing of Grounds of Appeal & Assessments.
- Finalization of Returns of Income, Company law matters, Accounting & audit for Pvt. Limited Companies.
CA ARTICLESHIP
M/S. SUBHASH B. CHITTORA & CO.
Udaipur
06.2002 - 12.2003
- Statutory Audit of Pvt. Limited Companies, Individuals and Partnership firms.
- Preparing Computation of Income, filing of Returns.
- Correspondence with Income Tax authorities for preparing & filing of Grounds of Appeal & Assessments.
- Finalization of Returns of Income, Company law matters, Accounting & audit for Pvt. Limited Companies.
Education
M.Com Prev. (A.B.S.T.) -
C.C.M.S.
Udaipur01.2005
B.Com. -
C.C.M.S.
Udaipur01.2003
HSC (Commerce) -
J.J. School
01.2000
SSC -
J.J. School
01.1998
Skills
- SAP (FICO) ECC 60
- Financial analysis
- Internal auditing
- Budgeting and forecasting
- Tax compliance
- Financial reporting
Projects
Research Project on 'Investment Behavior in the Context of IPO: A Study of Retail Investors in Udaipur City.' Summer project on 'Management of Working Capital Fund Requirements' at Wolkem India Ltd., Udaipur.
Personal Information
Date of Birth: 01/11/83
Timeline
Head (Finance & Accounts)
TOYOTA MATERIAL HANDLING INDIA PVT. LTD.
09.2023 - 03.2025
AGM (Finance, Accounts & Costing)
PIGEON INDIA PVT. LTD.
05.2021 - 08.2023
Manager (Finance, Accounts & Costing)
TAKAHATA PRECISION INDIA PVT. LTD.
09.2013 - 05.2021
Manager
BHAGWATI KRIPA PAPER MILLS PVT. LTD.
12.2010 - 09.2013
Asst. Manager
MURLI INDUSTRIES LTD
11.2009 - 12.2010
Asst. Manager
SYSTEMATIX SHARES & STOCKS (I) LTD
09.2008 - 10.2009
CA ARTICLESHIP
M/S. SRAWAN KR. DIDVANIYA & CO.
12.2003 - 06.2005
CA ARTICLESHIP
M/S. SUBHASH B. CHITTORA & CO.
06.2002 - 12.2003
M.Com Prev. (A.B.S.T.) -
C.C.M.S.
B.Com. -
C.C.M.S.
HSC (Commerce) -
J.J. School
SSC -
J.J. School