Laxman Jajodia
Chennai
Summary
Detail-oriented and results-driven professional with over 11 years of experience in accounting and company secretarial roles, adept at managing financial processes and ensuring regulatory compliance across diverse organizations. Expertise includes maintaining financial records, streamlining operations, and providing strategic guidance to enhance business performance. Demonstrated ability to collaborate effectively with cross-functional teams and government departments, specializing in financial reporting and analysis, budgeting and forecasting, corporate governance and compliance, greenfield projects, and board meeting facilitation under the Companies Act. Skilled in implementing internal controls, optimizing processes, and representing companies during GST, income tax, customs, and transfer pricing assessments and audits.
Overview
12
12
years of professional experience
Work History
Company Secretary
Johnson Electric Private Limited
07.2024 - Current
- Preparation of function-specific budgets and forecasts for each business unit and shared service unit, including non-revenue generating units.
- Conducted monthly variance analysis to monitor financial performance and inform strategic decision-making.
- Performing product costing for each product, report cost overrun and provided actionable insights into actual versus planned costs.
- Manage secretarial compliance activities, ensuring adherence to statutory and regulatory requirements.
- Facilitate capital raising activities by getting approval for press Note-3 & issue of equity and External Commercial Borrowings (ECBs).
- Ensure regulatory compliance related to ECB and Special Economic Zone (SEZ) operations.
- Collaborated with cross-functional teams to ensure accurate financial planning, reporting, and compliance oversight.
- Johnson Electric Private Limited is engaged in the manufacturing of electromechanical components and automotive/industrial products including small Motors, Actuators, Washer pumps. Its ultimate parent company is listed in Hong Kong stock exchange.
- Managed data collection and validation and supported detailed project report preparation, playing a key role in securing SIPCOT land allotment and Tamil Nadu State Incentives, including liaison with government authorities.
- Successfully led two tranches of equity infusion (rights and preferential issues), overseeing end-to-end execution from valuation to FC-GPR filing, ensuring strict adherence to regulatory norms and management timelines.
- Successfully secured ISIN and facilitated dematerialization of shares, including opening a demat account for the parent company. Streamlined complex documentation requirements by aligning with CDSL guidelines and effectively negotiating with the service provider, resulting in significant cost savings by avoiding unnecessary apostilisation of documents.
Company Secretary & Manager (F&A)
Aisan Auto Parts India Private Limited
08.2019 - 07.2024
- Leading Accounting department for maintaining books of accounts, preparation of financial statement, monthly, quarterly report for management and various stakeholders.
- As a Company Secretary ensure compliance with all aspects of Companies Act from scheduling board, shareholder and committee meeting, preparation of documents, conducting the meeting and preparation of minutes of the meeting and ensure adherence to Corporate Governance.
- Aisan Auto Parts India private limited is Japan based tier-1 manufacturing company engaged in production of fuel pump for 2,3 and 4-wheeler OEM's it is subsidiary of company listed in Japan.
- Handling of Statutory, interim, Cost, internal and Govt Audits.
- Support Management and business planning department of parent company by preparation of Midterm and long-term variable and fixed cost estimation of continuing project and calculate breakeven point for development of business plan of action.
- Representing company for various tax assessment, government audit and notices.
- Budgeting, budget control, variance analysis and reporting to management.
- Reviewing and filling of GST, Income tax returns.
- Implementation of internal control. Monitoring and modification if required as per business requirement.
- Preparation and filling of E-Form as required by Companies Act within the due dates applicable to the Company.
- Filling of foreign liabilities and asset return required by Reserve bank of India.
- Annual updation of DGFT, GST portal and applying for LUT bond required under GST act.
- Completion of Special Valuation Branch assessment for import of goods among group companies required under Custom act.
- Completion of Transfer pricing assessment and reducing adjustment made by AO of INR 50 Million to zero.
- Completion of Income tax assessment and reduced the penalty and interest demand of INR 0.90 million to Nil.
- Reduced direct cost to the tune of INR 10 million on import of raw material.
- Prevented GST input loss of INR 5 million on purchase of capital goods and successfully substantiated the demand raised by GST department against the input availed.
- Successfully completed change of registered office of company from one state to another adhering to timeline set by the management.
Audit Assistant
NRSM & Associates
07.2014 - 07.2019
- Independently handled Statutory audit of NGO's
- Preparation of audit program, planning and leading the Internal Audit of Swosti Group of hotels and resorts.
- Internal audit of XLRI Jamshedpur, XIM Bhubaneswar, and Xaviers university Bhubaneswar.
- Audit on behalf of funder like BROT (Bread for the world), Sight Saver, Azim Premji Foundation, and issue of Fund utilization certificate.
- Filling income tax return of individual, HUF private companies and NGO's.
- Statutory Audit of Bank of India, Union Bank of India.
- SELECT INDUSTRY CREDENTIALS: Education Institution, Hotel Industry, NGO's Banks.
Education
Class X, CBSE and XII, CHSE -
Company Secretary - undefined
The Institute of Company Secretary of India
06-2015
CA Finalist - undefined
The Institute of Chartered Accountant of India
11-2011
Bachelor in Commerce - undefined
Choudwar College (Utkal University)
01-2009
Skills
- Budgeting and Forecasting
- Corporate secretarial practice
- Product Costing
- Finance and Accounting
- Green Field Projects
- Capital Infusion
- Regulatory filings
- Proficiency level knowledge
- Tally Prime, ERP- Sage300
- MS office
Interests
Cycling, Playing badminton and chess
LANGUAGES KNOWN
Hindi
Advanced (C1)
English
Advanced (C1)
Odia
Intermediate (B1)
Timeline
Company Secretary
Johnson Electric Private Limited
07.2024 - Current
Company Secretary & Manager (F&A)
Aisan Auto Parts India Private Limited
08.2019 - 07.2024
Audit Assistant
NRSM & Associates
07.2014 - 07.2019
Company Secretary - undefined
The Institute of Company Secretary of India
CA Finalist - undefined
The Institute of Chartered Accountant of India
Bachelor in Commerce - undefined
Choudwar College (Utkal University)