Prateek Surana

• Payments processing analyst: Checking the daily payment of invoices (On an average $2 Million per day).
• Fund planning: To ensure availability of funds in order to meet payments and to avoid shocks or surprises. Which otherwise have to face in uncertain situations.
• Negotiating with vendors to extend the credit period or give discount.
• Assist & support the team in solving the complex matters.
• Analysis of Supplier ledgers and expense ledgers & to report to Management.
• Analysis of mode of payments (Advances / LC’s / Invoices) & to report to Management.
• Reconciliation with Inter companies & Loan Accounts.
• System related developments like to automate the payment system & the approval of invoices (Robotic Process Automation).
• Preparation of SOP and timely keeping Policy up to date.

• Day to day Monitoring of GL Accounts like, Advances, Overseas trip expenses, Accounts Receivable, Accounts Payable, Assets Management, Statutory liabilities and resolving accounting discrepancies.
• Reports to Banks like Stock Statement, Drawing Power, Credit Monitoring Arrangement (CMA), Financials Follow up Report & Quarterly results.
• Handling of Cash, Bank and Bullion.
• Working on GST, TDS, Income tax, Service tax, PF, ESIC & etc.
• Working on GST Refund, DDB, SEPC Refund & ect.
• Payroll processing
• Compiling & finalization of Accounts in accordance with provisions of the Companies Act 2013, Accounting Standards and Policies of the Company.
• Co-ordination with statutory auditors for timely completion of audit & liasoning for certificates.
• Process Audit & Improvement - 1. Cash Management & Control. 2. Reconciliation of Debtors, Creditors, Bank, Inter Company etc. 3. ERP Controls - Master Data Creations, ERP Developments, System Audit & Control. 4. Assets Management- Process Improvement, verification, tagging and assets register.

Completed three years of article ship and gaining considerable audit exposure and practical knowledge by being involved in the planning, execution and finalization stages of audits of different sectors such as Manufacturing, FMCG, Garment Industry, & Banking sector etc.

• Developed strong relationships with clients by understanding their needs and providing tailored solutions.
• Supported the firm''s business development efforts through networking events, conferences, and seminars.
• Preparation, Vetting and finalization of Balance Sheet, Profit & Loss, Cash Flow
• Scrutiny of ledgers like Fixed Assets, Debtors, Creditors, Income & Expenses.
• Reconciliation of Statutory compliances like TDS, PF, ESI, GST, Service Tax, VAT etc.
• Inventory valuation, Ageing of Debtors, Creditors & Advances.
• Preparation of Bank Reconciliation Statement, Cash & Bank confirmation
• Documents related to loan & its interest calculation.