Nikhil Dhabal Babu
Assistant Manager Accounts and Taxation
Summary
, Meticulous professional adept at maintaining impeccable statutory accounts for corporations and subsidiaries, ensuring strict regulatory adherence. Skillfully assist to compute income and expertly assist to compile financial statements, including Balance Sheets, Profit & Loss Statements, and Cash Flow Statements. Proficiently manage tax audit data and exhibit finesse in handling GST, TDS, TCS returns, reconciliation and meticulous management of all relevant legal requirements.
Overview
17
17
years of professional experience
17
17
years of post-secondary education
1
1
Certification
3
3
Languages
Work History
Assistant Manager Taxation & Accounts
Hariom Polypacks Ltd.
Mithapur, Jamuria
02.2023 - Current
- Daily review of journal entries, vouchers and invoices.
- Monitoring accounts payable & receivable, vendor reconciliations, and payment processing.
- Bank reconciliation and cash flow monitoring.
- Supervising general ledger accounting and maintaining books of accounts in compliance with accounting standards.
- Conducting account reconciliations and performing internal audits including assist to statutory and inventory audits.
- Managing accounts receivable and payable processes.
- Filing GSTR-1, GSTR-3B, GSTR-9 and GSTR-9C. GSTR 2B reconciliation with books, Observe IMS outward supplies for GSTR-1 and Inward supplies for GSTR-3B, GSTR-8A reconcile for annual return.
- Manage monthly Reversal and Reclaimed Ledger, RCM Liability/ITC statement, Reconcile Tax Liabilities & ITC comparision.
- Handle GST Departmental Audit and others Legal aspects.
- Calculating and ensuring timely payment of GST, advance tax, TDS, TCS, P.TAX.
- Prepared and filed quarterly TDS & TCS returns (Form 24Q, 26Q, 2QB/C/D, 27EQ) in compliance with Income Tax Act.
- Reconciled challans and returns with TRACES portal ensuring accuracy of Form 16/16A and timely correction statements.
- Handled finalisation of accounts including preparation of Trial Balance, Profit & Loss, and Balance Sheet. For that Conducted ledger scrutiny, reconciliations, and adjustments for year-end closing. Coordinated with statutory auditors for audit and compliance.
- Working with ERP, tally prime, advance excel for effectively performing.
- Manage all Import and Export related work. Export conducting with LUT/Bond and also handle GST refund all work.
- Supervising junior accountants and ensuring accuracy in reporting
Accounts Head
Purulia Metal Casting Pvt. Ltd.
Purulia
03.2019 - 01.2023
- Filing GSTR-1, GSTR-3B, GSTR-9 and GSTR-9C with all of the necessary reconciliation works.
- Responded to GST notices, made reply against show-cause notices, and filed refund applications.
- Handled GST Audit and others Legal Compliance.
- Prepared and maintained statutory books of accounts and subsidiary records in strict regulatory compliance.
- Conducted departmental audits to ensure compliance with policies, procedures, and regulations.
- Handled all aspects of export and import operations, including documentation, logistics, and customs clearance.
- Provided effective leadership to a high-performing team, ensuring work proficiency and excellence.
- Oversaw the computation of income and ensured the accurate filing of Income Tax Returns (ITR).
- Crafted balance sheets, profit and loss statements, and comprehensive cash flow statements.
- Filling Returns, Issued TDS and TCS certificates and ensured strict compliance with Form 26AS/AIS.
- Skilled in TDS/TCS reconciliation on TRACES , including challan verification, justification reports, and resolving defaults.
- Expertise in generating and downloading Form 16, Form 16A, and Justification Reports from TRACES and ensuring compliance.
- Collaborated with auditors to facilitate statutory audits, stock audits, and cost audit reports.
- Streamlined the process of generating Electronic Challan-cum-Return (ECR) for EPF and P.TAX payments.
- Conducted bank reconciliations for accurate financial records.
- Compiled data and prepared a range of Management Information System (MIS) reports.
- Conducted monthly profitability analyses and age-wise debtors assessments.
- Managed inventory statements, payroll procedures, and optimized accounts receivable and payable processes.
- Conducted detailed item-wise production cost analyses and profit and loss evaluations.
- Handled captive consumption and various adjustments during account finalization and audit processes.
- Proficiently used accounting software such as Tally Prime, Microsoft Office tools, and SAP.
Senior Accountant
Devkabai Velji (Subsidiary Satsai Pvt. Ltd.)
Barajamda, Jharkhand
03.2013 - 02.2019
- Implemented and maintained stringent accounting controls for financial accuracy and regulatory compliance.
- Prepared and managed books of accounts, oversaw payroll processing, and maintained cash books.
- Handled banking operations, including bank reconciliation statements (BRS), BG, LC.
- Managed tax-related responsibilities, including filing and payment of various taxes and returns like VAT, Excise, Sales Tax, TDS, TCS, P.TAX etc.
- Managed inventory and assist to prepare financial statements, including balance sheets, P&L, and cash flow statements.
- Analyzed accounts receivable, accounts payable, revenue, and expenditures against budgeted statements.
- Assist to conduct statutory and inventory audits to ensure compliance and accuracy.
- Worked with accounting software systems, including TALLY ERP, Advanced Excel, and other ERP solutions.
Assistant Accountant
C.A. Firm
Jugsalai, Jamshedpur
04.2008 - 12.2012
- Recorded daily accounting entries in Tally, Busy, and SAP for VAT, TDS, TCS, Excise Duty, and Service Tax transactions.
- Managed and processed invoicing, prepared challans, maintained cash books, and executed bank operations.
- Conducted bank reconciliation statements (BRS) and generated salary sheets, handling payroll processing.
- Maintained inventory records through Stock Journal entries.
- Compiled and prepared data for filing returns related to TDS, TCS, Income Tax, Advance Tax, EPF, and ESIC.
- Utilized MS Excel and Tally for effectively performing these tasks.
Education
Diploma in Diploma In Rail Transport & Management -
Institute Of Rail Tansport
New Delhi 01.2010 - 01.2011
Appeared CA IPCC With Articleship -
The Institute Of Chartered Accountants Of India
01.2010 - Current
Bachelor Degree in Bachelor Of Commerce (Honours) - undefined
Burdwan University
01.2005 - Current
12th - undefined
West Bengal Council Of Higher Secondary Education
01.2001 - Current
10th - undefined
West Bengal Board Of Secondary Education
01.1999 - Current
Skills
Finalization of Accounts (Balance Sheet, P&L, Schedules)
Statutory Compliance (GST, TDS, Income Tax, PF, ESI, PT)
GST Return Filing (GSTR-1, GSTR-3B, GSTR-9/9C, refund applications), IMPORT & EXPORT WORKINGS
Direct & Indirect Taxation (Advance Tax, TDS, TCS, IT Returns other than ITR-6, Assist in Assessments, Appeals)
Ledger Scrutiny and Reconciliation (Bank, Vendor, Debtor, GST)
Audit Coordination (Statutory, Internal, Tax Audit)
MIS Reporting & Financial Analysis
Budgeting, Cost Control & Variance Analysis
Handling Notices & Assessments from Tax Authorities
Knowledge of Accounting Standards & Ind AS
ERP Packages (SAP/Tally Prime/ERP)
MS Excel (Advanced functions, Pivot, VLOOKUP, MIS dashboards)
Accounting & Taxation Portals (GSTN, Income Tax Portal, MCA, TRACES)
Team Handling & Training for Accounting Staff
Process Improvement & Compliance Monitoring
Strong Analytical & Problem-Solving Skills
Deadline-Oriented with Multi-tasking Ability
Coordination with Internal Teams, Auditors, Consultants & Govt Departments
Certification
Industrial Accountant, ICA Infotech, Purulia, India, 2014 - 2015
Job Search Preferences
Employed, Open to Work, Assistant accounts manager , Full Time, Pan India, As Per Company Standards, 30 days
Relationship Status
Married
Disclaimer
The above mentioned details are true to the best of my knowledge and given a chance, I shall discharge my duties to the entire satisfaction of my superiors. Hope that credentials satisfy your requirement & looking forward for further contacts.
Personal Information
- Blood Group: B
- Date of Birth: 24/11/1981
- Gender: Male
Timeline
Assistant Manager Taxation & Accounts
Hariom Polypacks Ltd.
02.2023 - Current
Accounts Head
Purulia Metal Casting Pvt. Ltd.
03.2019 - 01.2023
Senior Accountant
Devkabai Velji (Subsidiary Satsai Pvt. Ltd.)
03.2013 - 02.2019
Diploma in Diploma In Rail Transport & Management -
Institute Of Rail Tansport
01.2010 - 01.2011
Appeared CA IPCC With Articleship -
The Institute Of Chartered Accountants Of India
01.2010 - Current
Assistant Accountant
C.A. Firm
04.2008 - 12.2012
Bachelor Degree in Bachelor Of Commerce (Honours) - undefined
Burdwan University
01.2005 - Current
12th - undefined
West Bengal Council Of Higher Secondary Education
01.2001 - Current
10th - undefined
West Bengal Board Of Secondary Education
01.1999 - Current