SANAT KUMAR ROY

1. Financial Data Analysis

• Expert in maintaining accurate and up-to-date company accounts, with a focus on preparing detailed Profit & Loss statements for robust annual profitability analysis.
• Skilled in reviewing and finalizing financial statements, ensuring precision through meticulous finalization entries.
• Proficient in generating comprehensive monthly and annual financial reports and MIS summaries, enabling informed decision-making.

2. Regulatory Compliance

• Proactively coordinate with consultants to ensure full compliance with regulatory requirements including TDS, TCS, GST, Professional Tax, PF, and FSSAI.
• Demonstrated expertise in managing GST, TDS, and TCS compliance, with strong reconciliation practices to support seamless financial operations.

3. Audit Excellence

• Take ownership of statutory and internal audits, ensuring completeness, accuracy, and compliance with regulatory standards.

4. Strategic Funds Management

• Proven ability to accurately forecast cash flow positions and borrowing needs, optimizing fund allocation for both operations and investments.
• Maintain strong, strategic relationships with banks and financial institutions to secure financial resources such as credit lines, loans, and investment capital.

5. Budgeting and Variance Analysis

• Actively contribute to the annual budgeting process in collaboration with key departmental stakeholders.
• Proficient in conducting in-depth variance analysis, delivering actionable insights to enhance operational efficiency and financial performance.

6. ERP Proficiency

• Well-versed in ERP platforms including SAP FICO and Tally Prime, ensuring effective financial data management and process automation.

7. Inventory Management

• Monitor inventory levels, reconcile discrepancies, and coordinate with operations teams to optimize stock control and reduce holding costs.
• Support accurate inventory valuation and integration with financial reporting systems.

8. Monitoring Intercompany Transactions

• Ensure accurate recording and reconciliation of intercompany transactions, maintaining compliance with internal controls and accounting standards.
• Facilitate timely resolution of mismatches and alignment of intercompany balances.

9. Team Motivation & Query Resolution

• Lead by example and foster a collaborative work environment, motivating team members to achieve high performance.
• Actively resolve team queries related to accounting, compliance, and ERP processes, ensuring operational clarity and continuous improvement.

• Worked in ERP package SAP FICO.
• Skilled in budgeting expenses and conducting in-depth analysis to optimize resource allocation and cost-efficiency.
• Experienced in thorough review and reconciliation of accounts receivable and payable General Ledgers, ensuring accuracy and compliance with financial standards.
• Diligently review balance sheet GLs on a monthly basis, identifying and addressing any discrepancies or old open items promptly to maintain financial integrity.
• Conduct pre-execution reviews of monthly expense provisions, ensuring alignment with budgetary targets and financial objectives.
• Proficient in performing unit profitability analysis and preparing accurate financial statements as required by headquarters, facilitating informed decision-making.
• Successfully manage both internal and external audits conducted by leading audit firms, effectively resolving queries and ensuring adherence to regulatory standards and best practices.
• Review of closing stock on monthly basis (RM / PM / SFG / FG / WIP) for monthly inventory provision & also take necessary action against Non-Moving Items.

• Worked in ERP package SAP FICO.
• Purchase & Sales accounting.
• Monitoring entire plant payments relating to Vendors payments, statutory payments or any other payments.
• Preparing Bank Reconciliation statement.
• Monthly Actual vs. Budget Comparison to control the operational expenditures.
• Preparing Shift factor file for depreciation calculation.
• Wastage Calculation (RM, PM and finish Goods).
• Analysis Actual RM/PM consumption Vs. BOM.
• Preparation of Quarterly VAT & CST return and half yearly Service Tax Return.

• Worked in Tally.
• Financial Accounting & Inventory monitoring.
• Preparing Bank Reconciliation statement, Handling Office Cash & Bank Operations.