Prasoon Asthana
Finance & Accounts Manager
Bhiwadi
Summary
Business-minded Finance Manager promoting more than 11 years of expertise overseeing transactions and reconciling monthly financial reports. Highly collaborative individual with track record of effectively training and coaching staff members. Offering confidence, team contribution and decision making skills.
Overview
11
11
years of professional experience
Work History
Finance & Accounts Manager
AIHP Group
08.2017 - Current
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Executed vendor setup and payment, administration of bank accounts and account reconciliations.
- Created organizational structures to improve accounting and finance functions.
- Supported operations management, sales, and marketing efforts to increase revenue and overall financial health.
- Processed invoices and contacted appropriate parties for timely payment receipt.
- Reviewed documentation and identified financial discrepancies where applicable.
- Completed filings and upheld strict compliance with regulatory agencies and supervisors.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Rich experience in entire gamut of accounting & finance operations entailing preparation & maintenance of statutory books of accounts & administering the finalization of year-end financial statements.
- Strengthening the relationship with the bank to meet the financial needs of the company. Fund arrangements with the banks for the transactions and their smooth foreclosure as and when required.
- E-filling of individual, HUF, Firms and corporate Income tax returns.
- Filling of GST & TDS Returns & their Reconciliations.
- Filling of Challan-Cum-Statements like 26B/26QC.
- Issuing Form-16/16A/16B/16C as required to be issued by Indian Income Tax within due dates.
- Prepare Financial Statements including Trial Balance, Profit & Loss Account, Age-wise Accounts Payable & Receivables Statements, Cash Flow Statement & Balance Sheet as per Accounting Standards.
- Perform Statutory & Tax Audits.
- Attending Income Tax & TDS & GST assessments for the company.
Senior Accounts Executive
Maier & Vidorno Market Development Services Pvt Ltd
04.2016 - 08.2017
- Day to day book keeping & banking activities.
- Checking & verifications of the bills, supporting &book the accounting entries including receipts, payments, journal etc. Booking supplier Invoices by Cost Centre& projects.
- Maintenance of books of accounts as per Indian GAAP which includes Cash book, Journal register, General & sub-ledger accounts.
- Reconciliation of Bank Accounts, Debtors/Creditors accounts etc.
- Management Information Reporting (MIS) purpose according to the management requirement & calendar year group reporting (as per IFRS).
- Provide necessary information to Auditors for Statutory audit & Tax Audit.
- Foreign payments activities like Form 15CA/15CB, preparation of payment set etc.
- Computation & coordination in deposition of monthly tax withholding (TDS).
- Filling of quarterly returns & removing TRACES defaults related to TDS on Rental, Professionals, Contractors & others (advertisement, Commission etc).
- Computation & Coordination in deposition of Service Tax.
- Preparation & filling of bi-annual Service Tax returns.
Accounts Executive
Neoperl India Pvt Ltd
10.2013 - 03.2016
- Developed strategic relationships with key suppliers and clients to foster profitable business initiatives.
- Account receivables & Account payables.
- Financial planning.
- Responsible for Bank Import payment sets& all banking transactions.
- Online Custom duty payment.
- Computation Sales-tax, TDS, Service Tax.
- Responsible for petty cash handling & cash book entries.
- All Purchase accounting (Import or local) and Sale accounting.
- Import landed Costing for Valuation of Stock.
- Preparation of fortnightly debtors & Import supplier's outstanding.
- Bank Reconciliation & Debtors/Vendor's, Inter unit Reconciliation.
Accounts Officer
SRL Ltd
09.2012 - 10.2013
- Updated general ledger of accounts with current, accurate and industry-compliant data to meet all internal and external audit requirements.
- Ageing & Accounts Receivable work
- Generation, Set off & unset off Invoices, Pass Credit note in any discrepancy occurs
- Petty cash handling& cash book entries
- Pass MIRO & GRN of Invoices
- To seeing the status of stock in Lab& pendency of P.O
- Preparing P.R, filling consumption, W.I.P report, Expiry report, place in storage & transfer posting.
Education
MBA - Finance
SGI College
Panipat 04.2001 -
BBA - Finance & Accounting
Dronacharya Govt College
Gurgaon 04.2001 -
12th - Commerce
RLS Public School
Gurgaon 04.2001 -
10th -
RLS Public School
Gurgaon 04.2001 -
Skills
Internal Controls
General Ledger Management
Payroll Administration
Auditing Procedures
Bank Reconciliation
Cash Flow Management
Accounts Payable and Receivable
Continuous Improvement
Regulatory Compliance
Financial Management
Tax Compliance
Skilled in Tally/Tally Prime/MS office
Timeline
Finance & Accounts Manager
AIHP Group
08.2017 - Current
Senior Accounts Executive
Maier & Vidorno Market Development Services Pvt Ltd
04.2016 - 08.2017
Accounts Executive
Neoperl India Pvt Ltd
10.2013 - 03.2016
Accounts Officer
SRL Ltd
09.2012 - 10.2013
MBA - Finance
SGI College
04.2001 -
BBA - Finance & Accounting
Dronacharya Govt College
04.2001 -
12th - Commerce
RLS Public School
04.2001 -
10th -
RLS Public School
04.2001 -