Finance & Accounts: Accounting-Basic Accounting, Reconciliation, Debtor-Creditors Control, Controlling through System to Management, Reporting-Bank Reconciliation Statement, Profit and Loss accounts, Balance Sheets, Notes to accounts, MIS, etc.
Finance- Evaluation of Financial terms& conditions, Contracts of FIs, Review of optimum utilization of funds, Ration analysis, Cash Flow-Fund Flow statements, Preparation of checklist, Review of related party transactions, Variance analysis of P&L etc.
Management Audit, Controls & Assurance: Development of effective systems, processes, controls, Automation, Test review of effective implementation of system, Development and Vetting of DoAs and SoPs, tracking of compliances through tool, Controlling function like Corporate, Plants & other Operational Sites, Preparation and review of checklist
Data Analytics: Data extraction from various different sources, services spend analysis at the group level, Implementation of suggestions of KPMG related to SAP Controls
Overview
9
9
years of professional experience
Work History
Finance & Accounts – Renewable Energy
Adani Group
04.2023 - Current
Financial Planning & Analysis
Preparation of Monthly MIS along with Variance Analysis on Financial and Operational parameters and present to CEO
Study and review of existing system, processes, policies, guideline, and MIS/ reporting etc
Of all the functions (department/ services) and provide pragmatic inputs to address the gaps and handhold the JV through implementation
Identify opportunities for introduction of automation/ technology to ensure the process compliance
Ensuring that system is in existence for updating/ review & vetting of DoAs (annually or as and when required whichever is earlier) and sign off the same
Conduct the review meetings share the reports/ minutes to the management and deployment of the outcomes of the meetings
Discuss the management team/ HOD the inputs with inbuilt controls/ checks and build consensus and ownership for implementation of the suggestions.
Management Audit & Assurance Services
Adani Group
03.2020 - 03.2022
Driven special project as desired by our Hon’ble Chairman- Effectiveness of Services, under the guidance of Mr
Pradeep Kumar Bhargava
Preparation of standard process taxonomy
Review of processes/ policies/ guidelines and provided gaps/ recommendations in existing processes/ policies/ guidelines for services effectiveness
Vetting of Audit scope of BUs and services
Review of M&A at the group level and prepared overall M&A presentation for Chairman’s office with observations and suggestions
Last but not least, also have prepared weekly MIS and also followed up with all sector heads for consolidation of weekly MIS of each sector heads in each week for submission to Chairman’s Office.
Data Analytics
Adani Group
09.2017 - 02.2020
Driven special project as desired by our Hon’ble Chairman i.e., Services Spend Analysis, under the guidance of Mr
Ashish Rajvanshi & Mr
Kaushal Kabra
Have done services spend analysis at the group level approx
INR 2100 Cr and given suggestions from the perspective of cost saving and improvement of services wherever possible
Have implemented suggestion of KPMG for the improvement of SAP (controls in SAP e.g., cost center usage restriction, etc.)
ABEX
02.2015 - 08.2017
Management Reporting
Preparation of Financial Statements for Transmission Vertical, Adani Bunkering Pvt Limited and Adani Shipping India Limited
Analysis of Financial statements
Preparation of Consolidation Financial Statements for Transmission Vertical
Preparation of Annual Performance Report for Unites of Adani Bunkering Pvt Limited
Preparation of Tax Audit Report for Adani Transmission Limited
Preparation of Transfer Pricing Audit Report for Adani Transmission Limited
Preparation of Income Tax Return for Adani Transmission Limited
Impact of IND AS in Financial Statements for Transmission vertical and Adani Bunkering Pvt Limited
Preparation of Due Diligence Report of Adani Transmission Limited
Reconciliation Accounting
Reconciliation of ALL statutory Data (Provident Fund, Professional Tax, Superannuation)
Making the third-Party payment and Reconciliation (Medical Insurance Payable, Superannuation, Benevolent Fund,)
Salary Payable and All Employee GL Scrutiny
Reconciliation of Valuer Data with GL Data
Updation of Relocation Module From time to time
Employee Loan and advances GL Reconciliation
Active and Withdrawn Employee Reconciliation and Scrutiny of Outstanding Balance
Prepare an Intercompany Reconciliation statement
Prepare MIS related to intercompany
Prepare Board Annexure for Related Party Transaction for Board Meeting
Balance Sheet General ledger Reconciliation
Payroll Accounting
Salary Payable and Bank payment Reconciliation
Advice for Salary Payment and posting entry for payment
Checking for Payroll JV reconciliation
Relocation Advance Amount Transfer to Respective Vendor and Reconciliation
Pass the Bonus, Leave Encashment Provision Entry Monthly, Quarterly, and annually
Calculation of Gratuity, Leave Encashment Current-Noncurrent working as per Actuarial Valuation Report
Loan and advances Transfer for Intercompany Transfer of Employee
Generation of Debit and Credit Note for Employee Balance Transfer of Intercompany
Calculation of Current & Non-Current of statutory Compliances
Reconciliation of intercompany transactions for all group companies including overseas biz
Tested and participated for development of ICR (Intercompany reconciliation) software
In this software, we have proposed various conditions for doing automatic ICR like same voucher number, same amount
Monthly JV Posting, Payroll reconciliation and closure of books of accounts
Handled statutory auditor’s queries
Preparation of Financial statements
Knowledge of SAP FI & MM modules and have done various project under the same
Audit Work
Preparation of ALL Statutory MIS data for Statutory Auditor
Preparation of Payroll Audit Data for Auditor
Provide the Document to Statutory Auditor
Attending Auditor during Closing Work & Generate Reports As per there requirements and solve the queries.