SAP, CADENCY, ERP, M S EXCEL, Alteryx
Shailaish Garg
Assistant Manager - F&A
Gurgaon
Summary
As a highly experienced finance professional with 13 years of expertise in accounts, GST, inventory, tax, and audit, I have a proven track record of delivering exceptional results. My extensive knowledge of financial management, accounting principles, and
tax regulations has enabled me to streamline operations, reduce costs, and increase profitability for organizations across various industries. I possess excellent analytical skills, attention to detail, and the ability to work under pressure to meet tight deadlines.
With my strong communication and l skills, I am confident in my ability to effectively manage teams and collaborate with stakeholders to achieve organizational goals.
Overview
14
14
years of professional experience
8
8
years of post-secondary education
1
1
Certificate
Work History
Assistant Manager
Woodward India Private Limited
Gurgaon
06.2017 - Current
- All GST compliance including GSTR-1, 3B, Recon with 2B, GST TDS Claim,Calculation of Deferment of ITC, Setoff entries, Payment, Maintaining of Sales Register, Purchase Register, Input Register and Non-Input register on monthly basis for all 3 Locations
- Annual GST Return Filing (GSTR-9 & 9C) including Recon b/w financial and GST turnover
- Payment process of all open payable invoice with ageing analysis
- Proper Accounting of all customer receipts with calculation of LD, TDS and taxation
- Banking operations Including documentation and submission of Letter of Credit
- Cross charge billing and ITC transfer b/w H.O. and its branch
- Preparation of Reply to Notice served by GST Department in relation to GST
- Implemented GST E-Invoicing in Year 2021
- Annual FLA Return filling and its revision
- Extended Customs Department support and coordination for Customs duty refund
- closure of Sales Tax Assessments for FY 2014-15 to 2017-18
- Successfully implemented the custom and FTP best practices considering the business model and structure like SEIS scrips, AEO Tier-II, etc. resulting in significant cost saving
- Closed aged litigation at various levels and getting tax refunds of more than INR 7 crore through perseverance. It's essential to ensure timely compliance with tax laws and regulations while also being mindful of potential tax risks and opportunities for tax savings
- Support in Inventory Management and cycle count coverage based on ABC analysis and Books to Physical and its accounting
- Preparation of Closing Stock with Aging, E&O calculation, Cost vs. NRV and provisioning of expenses for GIT for Statutory and other Audit
- Preparation of Inter Plant Reconciliation (in USD and INR) with balance confirmation on monthly basis alongwith Forex Gain/Loss calculation and its accounting
- Import lot cost booking (CHA, Freight Forwarder and Custom duty bills booking)
- GL Reconciliation on monthly basis in Cadency module to SAP
- Margin Calculation (True and Gross Margin) on sales and its reporting on monthly basis
- Statutory Audit All GST schedule, RPT (Related Party Transaction), Purchase Register, Sales Register, Inventory Calculation, Struck off companies, SEP documents from respective plants, MSME calculations, GST schedules, Provisions on Import etc.
- ICFR, Tax Audit, TP Audit and Cost Audit: Sales and Purchase bifurcation between manufacturing and Trading, preparation of Clause 44 Recon, Cost of Material Consumed etc.
Assistant Manager
Pradeep Anand & Co.
Noida
05.2010 - 05.2017
- Ensure compliance with regulatory requirements and company policies and procedures
- Manage and lead a team of professionals to ensure high performance and productivity
- Sales Tax/ VAT: Monthly calculation, Quarterly and Annual VAT Returns,
Issuance and Collection of Forms (Form – C, F, H, I, D1, C4 etc.), Yearly
Assessments etc. - Income Tax/ Transfer Pricing: Preparation of Income Tax Returns, Calculation and Payment of Advance Tax Scrutiny, Assessments, Appeals papers and Schedules to various statutory authorities and department
- TDS: - Monthly calculation and deposits. Quarterly Returns (24Q, 26Q, 27Q, 27 EQ) along with issuance and collection of Forms (16 & 16A)
- Preparing documents and Recording journal entries of Import Purchases, Foreign Remittances along with documentation (A1, A2, 15CA & 15CB) and Foreign Exchange Fluctuation recognition
- HR and Payroll Accounting along with Employee Income tax calculation through Investment Declaration and Periodic returns
- Monthly MIS/ Business Reports, Templates, Monthly & Quarterly Closing (Balance Sheet, Profitability, Comparatives, fund positions, Budgeting, Month end Provisioning of Debtors, creditors & stock and its reversal etc.)
- Accounts Payable and Receivable activity including Payment using CMS
dashboard, Negotiation and collection of LC, Debit/ Credit note, interest calculation on CC Limits and monitoring of Fund based and Non fund based limit.
Education
Master Of Commerce
IGNOU
Master Of Commerce 07.2013 - 06.2015
Post Graduate Diploma in International Business
IGNOU
01.2012 - 12.2012
CA_Inter
The Institute of Chartered Accountants of IndiA
New Delhi 06.2005 - 05.2007
B.Com
Ch. Charan Singh University
Meerut College, Meerut 07.2002 - 06.2005
Skills
Certificate course on GST in Feb-2020 (Duration 6 month) by The Institute of Cost Accountants of India
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Certification
30 Hrs. training on GST in July-2018 by The Institute of Chartered Accountants of India
Timeline
30 Hrs. training on GST in July-2018 by The Institute of Chartered Accountants of India
07-2018
Assistant Manager
Woodward India Private Limited
06.2017 - Current
Master Of Commerce
IGNOU
07.2013 - 06.2015
Post Graduate Diploma in International Business
IGNOU
01.2012 - 12.2012
Assistant Manager
Pradeep Anand & Co.
05.2010 - 05.2017
CA_Inter
The Institute of Chartered Accountants of IndiA
06.2005 - 05.2007
B.Com
Ch. Charan Singh University
07.2002 - 06.2005
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