MD ABSAR ALAM

•Optimized debt collection processes, reducing DSO from 105 days to 65-70 days, improving cash
flow and working capital efficiency.
• Recovered INR 5 Crores from overdue payments and efficiently utilized INR 30 Crores to clear
supplier dues, strengthening financial stability.
• Successfully recovered INR 35 Crores in pending GST refunds within one year, enhancing cash
flow and tax compliance.
• Automated RoDTEP script generation & transitioned GST/TDS filings in-house, saving INR 8.2
Lakhs annually.
• Managed budgeting, financial forecasting, and cost control strategies, optimizing financial
performance.
• Supervised bank reconciliations, vendor payments, and LC (Letter of Credit) management,
ensuring accuracy.
• Led internal audits, ensuring • regulatory compliance and financial transparency.

• Prepared financial statements, P&L reports, and MIS reports for strategic decision-making.
• Managed GST, TDS, and corporate tax filings, ensuring full compliance with tax regulations.
• Streamlined accounts payable & receivable, improving invoicing, collections, and supplier payments.
• Developed budgeting & forecasting models, enhancing cost control and financial planning.
• Supervised junior accountants and collaborated with stakeholders to improve financial operations.

•Assisted in the successful completion of annual audits through diligent preparation of documentation and prompt response to auditors'' inquiries.
• Consistently met tight deadlines under high-pressure situations while maintaining a strong attention to detail in all work produced.
• Facilitated productive relationships with external vendors through effective communication skills when resolving disputes or negotiating favorable terms on contracts.
• Contributed to the development of company financial policies and procedures, ensuring compliance with applicable regulations and best practices in accounting standards.
• Managed a team of junior accountants, providing guidance, training, and performance evaluations to ensure their professional growth and development.
• Served as a trusted resource for colleagues seeking guidance on complex financial issues, providing expertise and recommendations that supported informed decisionmaking.

• Performing quarterly TDS reconciliation to validate debtor deposits
• Summarizing receivables through invoice account maintenance, monthly transfer coordination to accounts receivable, total verification, and report preparation
• Spearheaded the comprehensive oversight and management of the firm's finance and accounting functions
• Directed financial planning, budgeting, and forecasting processes to align with strategic objectives
• Ensured adherence to accurate and timely financial reporting in compliance with local and international regulations
• Supervised day-to-day accounting operations, including accounts payable, accounts receivable, and payroll
• Orchestrated the invoicing process, emphasizing accuracy and timeliness to foster strong supplier relationships
• Optimized cash flow through strategic management of supplier payments while maintaining financial standards
• Ensured full compliance with accounting standards and regulatory requirements
• Managed all aspects of tax compliance, including income tax and other relevant taxes
• Reduced financial discrepancies by conducting regular, thorough account reconciliations.
• Improved cash flow management for timely payment of company expenses and obligations.

• Led annual budgeting and periodic forecasting exercises in close collaboration with department heads
• Conducted in-depth financial analysis to provide actionable insights for strategic decision-making
• Monitored key financial metrics and delivered informed perspectives on financial performance
• Managed tax audits, internal audits, bank audits, and company audits
• Executed general accounting tasks, including the preparation of journal entries
• Oversaw petty cash management, bank transactions, and daily cash flow
• Conducted bank reconciliations and managed TDS deduction/payment processes
• Prepared balance sheets and profit and loss accounts