Manas Kumar Dash
Bhubaneswar
Summary
I aspire to achieve a CFO position where by virtue of my qualifications; exposure and rich experience experience that can add value to the organization for increasing bottom line and accomplish organizational goals by taking team together.
Qualified Chartered Accountant with over 3 decades experience in manufacturing industries and projects and rich experience in fund raising,cost reduction in various areas At present working with BRPL a JSW group JV company in the capacity of Deputy CFO and functionally experienced in below since 09.11.2018 at Bhubaneswar .
Overview
28
28
years of professional experience
Work History
Deputy CFO
BRPL
Bhubaneswar
11.2018 - Current
- Company Overview: JSW group JV company
- Accounting and Finalization of Accounts
- Direct Taxation
- MIS Reporting
- Cost Control
- Accounting Policies, procedures and control
- Indirect Taxation and customs
- Budgeting
- Fund raising for projects, working capital
- Regulatory Compliances
- JSW group JV company
- Fund raised for working capital and projects from Banks.
- Raised fund based and non-fund based.
- Arranging buyers credit for capex at reduced rate.
- Contributed in different areas to improve bottom line of the company year by year.
- Review of Financial Statements of Public Limited and Limited Companies in compliance with old Companies Act,1956 and now The Companies Act, 2013 and following Indian GAAP and Accounting Standards respectively.
- Getting Internal and statutory, Tax, Excise and Service Tax, custom audit done. I am the team leader for almost 28 years.
- Major responsibilities in effective cost control and zero losses in the system.
- Raw Material Procurement Team: Heading and finalizing for procurement of major raw materials.
- Excise-Heading Excise and Service Tax, Custom of the company. Dealing and liasoning with Commissioners and Additional Commissioners and other stakeholders. Close all long pending cases are pending since years with all the level.
- Costing, Daily MIS and Monthly MIS.
- Ensure optimum employment of working capital and management of working capital efficiently so that no blockage of fund.
CFO
Larsen & Turbo Group
Dhaka
06.2018 - 11.2018
- Company Overview: A multinational group with presence in Steel, Power, construction Roads and EPC sectors.
- A multinational group with presence in Steel, Power, construction Roads and EPC sectors.
- They have an EPC contracts of four 200 MW power plant at Various location of Bangladesh.
Associate Vice President (Finance & Accounts)
Jindal Steel & Power Ltd
Barbil
11.2009 - 06.2018
- Company Overview: JSPL Group, India is a multinational group with presence in Steel, Power, Mining, Ferro Alloys, Roads and EPC sectors.
- Facilitating to the Management for Decision Making in terms of Plant Operation, and Cost Control.
- Monthly Review of MIS and critical variance analysis.
- Overview of Quarterly and Annual Accounts for the company.
- In depth knowledge of Accounting Standards issued by Institute of Chartered Accountant and its implementation in Financial Statements of the Companies.
- Overview of green field project control and capitalization process.
- Dealing with Statutory Auditors, Internal Auditors, Stock Auditors, Forensic Auditors, and Cost Auditors for the company.
- Review of Financials in line with recently introduced Companies Act 2013, impact analysis and also initiating required changes in accounting policies and SAP.
- Formulation of Annual Budget, variance analysis and monthly reporting to the Management.
- Funds Management to ensure optimum use of available funds. All efforts are to keep working capital at the lowest level.
- System and process development and implementation on continuous basis.
- Managing Letter co Credit issuance, usance and negotiation.
- Bills discounting of domestic invoices and export bills different bank at minimum rates.
- JSPL Group, India is a multinational group with presence in Steel, Power, Mining, Ferro Alloys, Roads and EPC sectors.
- Successful Completion of Sales Tax Assessment from 2007-08 to 2013-14.
- Indirect Tax Compliances such as Excise Duty, Service Tax, VAT etc. and dealing with various departments.
- Dealing with Indirect Tax Consultants for Appeals and Revision matters.
- Overview of Transfer Pricing Report, documentation and its assessment.
- Adherence for timely submission of Statutory Returns like as Income Tax Return, TDS Return, Service Tax Return, Annual Return of the Company etc.
- FI Team Leader for implementation of Business Process Excellence across the Group.
- Centralization of Bills Payable Department across the Group.
- Implementation of New SAP Reports for Process Excellence and as per change in the Law.
Deputy General Manager (Finance & Accounts)
Ballarpur Industries Limited
Ashti
01.2007 - 11.2009
- Company Overview: Part of Thapar Group which is one of the well diversified business houses in India and has global presence.
- Independently handled day to day function of Finance and Accounts department.
- Preparation and finalisation of Company’s Financials.
- Preparing Monthly Information Report with variance analysis.
- Budgeting & Planning (Capital Budgets, Revenue Budget and Production and sales Budget).
- Cost Control and Reduction Analysis.
- Continuous management of funds so as to ensure adequate liquidity in Banks.
- Ensured strict compliance of statutory rules and regulations and laid down policies and procedures.
- To attend various Sales Tax hearing and cases with the sales tax authorities, various Excises related work was done under my supervision.
- Finalization of Audits including Statutory, Internal, Tax and Cost Audit.
- Major role in finalization of sales tax assessment for four years with no liability.
- Finalizing Service Tax, Excise, custom audits with highest authorities.
- Part of Thapar Group which is one of the well diversified business houses in India and has global presence.
- Tax Audit, filing Income Tax returns, Advance Tax and Assessment related working.
- Monitoring of quarterly TDS & TCS returns, monthly payment.
Sr. Manager (Finance & Accounts)
Welspun Power and Steel Ltd
Gandhidham
07.2006 - 02.2007
- Day to day function of accounts and finance department independently.
- Finalisation of profit and loss and Balance sheet.
- Preparation of monthly information report and critically analyse variance compared to the budget.
- Finalisation of Audits (Statutory, Internal, Tax, Management and Cost Audit).
- Budgeting & Planning (Capital Budget, Revenue Budget and Production Planning).
- Continuous management of funds so as to ensure adequate liquidity from Banks.
- Cost control and reduction analysis on a continuous basis.
- To co-ordinate with other departments like manufacturing and sales for smooth running of operations.
- Ensured compliance of statutory rules & regulations and laid down policies and procedures.
Manager –Project Accounts and Payable
Jindal Steel & Power Ltd
Raigarh
04.2004 - 06.2006
- Company Overview: Raigarh Unit is an integrated steel plant having world’s largest coal based sponge iron plant.
- Payment related to all suppliers, contractors and transporters related to project as well as for operation.
- Planning of application and sources of fund with coordination of various project officials.
- Monitoring the Accounting and capitalization of Rs.2500 Crores of expansion projects along with some Rs.500 Crores of ancillary projects and plate mill.
- MIS reporting related with projects.
- Cost Control and reduction analysis of various projects on continuous basis.
- Coordinate with other departments for smooth running of projects.
- Ensure compliance of statutory rules & regulations and laid down policies and procedures.
- Controls of LCs and Bank Guarantee issued and received by the company.
- Regulating timely reconciliation of suppliers, contractors and transporters account.
- Raigarh Unit is an integrated steel plant having world’s largest coal based sponge iron plant.
- Timely payment to contractors, suppliers, transporters so that the project has been executed timely.
- Reconciliation of cement, steel and other.
Sr. Manager – Accounts
Shalimar Tar Products Ltd
Jamshedpur
04.2002 - 04.2004
- Company Overview: STP Limited is a professionally managed; ISO 9001 and ISO 14001 certified Company and is the world’s largest manufacturer of Coal tar enamel.
- Daily Accounting and reporting.
- Finalisation and Preparation of Financial statements.
- Preparing MIS with variance analysis for the management.
- Finalisation of Audits (Statutory and Internal).
- Preparation of Budget including Capital budget, Revenue budget and Production Planning.
- Export Invoicing, documentation and negotiation.
- Working Capital management to ensure funds availability.
- Cost control and reduction analysis on a continuous basis.
- Co-ordination with other departments like manufacturing and sales for smooth running of operations.
- Ensure compliance of statutory rules & regulations and laid down policies and procedures.
- Attending various tax hearing and cases with the tax authorities.
- STP Limited is a professionally managed; ISO 9001 and ISO 14001 certified Company and is the world’s largest manufacturer of Coal tar enamel.
Manager-Finance & Accounts
Bihar Sponge Iron Limited
Chandil
05.1997 - 09.2001
- Company Overview: The Company was manufacturer of Sponge Iron and was having turnover of Rs.150 Crore.
- Daily operation of Department in computerized environments.
- Fund Management.
- MIS Budgeting, Sales Tax.
- Income tax, Excise and finalization of Balance Sheet, Profit & Loss.
- Tax Audit and Internal Audits.
- The Company was manufacturer of Sponge Iron and was having turnover of Rs.150 Crore.
Education
LLB -
Utkal University
01.2002
Chartered Accountant -
Institute of Chartered Accountants of India
05.1996
Bachelor in Commerce -
Utkal University
Bhubaneswar, Odisha01.1988
Skills
- Disciplined and Organised
- Creative
- Adaptable
- Independent Decision Making
- Teamwork
- Leadership
- Result Oriented
- Techno-commercial Acumen
- Analytical Ability
- Positive Approach
- Honesty
- Perseverance
- Operating knowledge of SAP (FI, MM and WBS elements)
- MS Office
Linguistic Ability
- English
- Hindi
- Odia
Expected Ctc
Negotiable
Personal Information
- Current CTC: Rs.62.30 lacs
- Date of Birth: 05/27/67
- Gender: Male
- Marital Status: Married
Timeline
Deputy CFO
BRPL
11.2018 - Current
CFO
Larsen & Turbo Group
06.2018 - 11.2018
Associate Vice President (Finance & Accounts)
Jindal Steel & Power Ltd
11.2009 - 06.2018
Deputy General Manager (Finance & Accounts)
Ballarpur Industries Limited
01.2007 - 11.2009
Sr. Manager (Finance & Accounts)
Welspun Power and Steel Ltd
07.2006 - 02.2007
Manager –Project Accounts and Payable
Jindal Steel & Power Ltd
04.2004 - 06.2006
Sr. Manager – Accounts
Shalimar Tar Products Ltd
04.2002 - 04.2004
Manager-Finance & Accounts
Bihar Sponge Iron Limited
05.1997 - 09.2001
LLB -
Utkal University
Chartered Accountant -
Institute of Chartered Accountants of India
Bachelor in Commerce -
Utkal University
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