Somnath Goswami
Assistant Manager- Finance & Accounts
Gautam Buddh Nagar
Summary
- Business-minded Finance Manager promoting more than 14 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
16
16
years of professional experience
3
3
Languages
Work History
Assistant Manager -Finance & Accounts
Indus Valley Partners (I) Pvt Ltd
09.2021 - Current
- Supported in strategic planning, directing financial control, Audit, Taxation, MIS and Business reporting.
- Implemented Credit, risk management & Assets liability management policies, raised resources (funds) through various banks & others financial institutions with minimum interest rate.
- Banking facilities review and support the allocation of credit line.
- Handling Foreign Payments, Opening of Letter of Credits (LC) & Bank Guarantees.
- Evaluated internal control systems/procedures and prepared audit reports with the objective of highlighting shortcomings and implemented necessary recommendations.
- Preparation of daily cash positions, month-end reporting and reconciliation, pricing of underlying hedge fund positions of specified accounts.
- Handling of Statutory & Internal audits.
- Analyzed business processes to identify cost savings and operational efficiencies
Assistant Manager - Finance
Triune Energy Services Pvt Ltd
04.2020 - 08.2021
- Preparation of details related to filing of GST and TDS returns and Challans.
- Preparation of monthly profitability statement and calculation of Break -even point.
- Preparation of Submissions for regular assessment cases and complying with the notices issued by Income Tax Department.
- Handling Foreign Payments, Opening of Letter of Credits (LC) & Bank Guarantees
- Finalization of different Insurance policies such as Contractor’s All Risk (CAR), Marine, Fixed Asset and Cash.
- Established internal audit procedures to validate and improve accuracy of financial reporting
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports
Assistant Manager - Finance
Alp Consulting
01.2018 - 03.2020
- Responsible for monitoring Project Construction Cost Budget & Capitalization of project cost
incurred which includes in preparing Monthly MIS. - Handling Foreign Payments, Opening of Letter of Credits (LC) & Bank Guarantees, finalization of
different Insurance policies such as Contractor’s All Risk (CAR), Marine, Fixed Asset and Cash. - Review of existence, adequacy and compliance with policies, procedures, systems and controls
with respect to all payments: - To ensure whether they are in practice. - Configure and Implementation of “SAP- Concur” to easily manage travel expenses and policies.
- Handling of Statutory & Internal audits.
- Handling of Treasury and Investment of funds.
- Ensuring MIGO and MIRO reconciliation with SAP.
Assistant Manager
Antara Senior Living Ltd As Part Of Max India Ltd
02.2014 - 01.2018
- Handling Foreign Payments, Opening of Letter of Credits (LC) & Bank Guarantees, finalization of
different Insurance policies such as Contractor’s All Risk (CAR), Marine, Fixed Asset and Cash. - Fixed Assets Management, updation of FAR on monthly basis, Tagging and Physical verification
and charging of depreciation. - Project accounting and reconciliation of free issue of material to contractors.
- Handling of Statutory & Internal audits and Lender Engineers Audit for Bank finance.
- Custom Clearance of Import shipment and duty payment and related documentation.
- Handling of Treasury and Investment of funds.
- VAT assessment, Labour cess assessment and C form.
Assistant Manager - Finance & Accounts
Lords Chloro Alkali Ltd
11.2012 - 01.2014
- Preparation of monthly profitability statement and Fund management.
- Preparation of details related to filing of Service Tax returns, TDS returns.
- Ensuring statutory compliances of WCT, PF, ESIC and Vat.
- Documentations of Custom clearing and foreign payment made.
- Preparation of details related to statutory audit and Tax Audit and assisting the
Finance Manager in audit related works. - Monthly closing of Books and Ledger scrutiny.
- RPT reconciliation.
Sr. Executive - Finance & Accounts
Celebi Delhi Cargo Terminal Management (I) Pvt Ltd
04.2010 - 10.2012
- Project payment and ensuring that the same comply with the contract terms and were
supported by adequate documentation such as payment schedule & milestone certifications.
Physical verification and the site visits for the ensuring the completion of the work against the
payments processed. - Preparation of monthly profitability statement and Fund management in Escrow Procedure.
- Project MIS, Insurance MIS and various report generated on monthly basis.
- Preparation of control sheet for every order and payment came for Audit for control and
documentation purpose. - Review of existence, adequacy and compliance with policies, procedures, systems and controls
with respect to all payments: - To ensure whether they are in practice. - Responsible for review of Statutory Compliances (Availment of input credit for VAT, excise duty
and service tax and their utilization).
Accountant
KCL Ltd
05.2008 - 03.2010
- Special Audit assignment - Purchases and store Management.
- Maintaining Books of Accounts and handling other routine matters related to the Maintenance
of Books. - Preparation of various Weekly & Monthly Reports as required by the Management.
- Maintenance of Books of Accounts of Various Clients.
- Preparation of monthly Bank Reconciliation Statement.
- Preparation of details related to filling of Sales Tax, Central sales Tax, DVAT.
Education
MBA - Master of Business Administration And Finance
IMT Ghaziabad
Ghaziabad, India04.2023
B. Com
Burdwan University
West Bengal03.2005
Skills
Timeline
Assistant Manager -Finance & Accounts
Indus Valley Partners (I) Pvt Ltd
09.2021 - Current
Assistant Manager - Finance
Triune Energy Services Pvt Ltd
04.2020 - 08.2021
Assistant Manager - Finance
Alp Consulting
01.2018 - 03.2020
Assistant Manager
Antara Senior Living Ltd As Part Of Max India Ltd
02.2014 - 01.2018
Assistant Manager - Finance & Accounts
Lords Chloro Alkali Ltd
11.2012 - 01.2014
Sr. Executive - Finance & Accounts
Celebi Delhi Cargo Terminal Management (I) Pvt Ltd
04.2010 - 10.2012
Accountant
KCL Ltd
05.2008 - 03.2010
MBA - Master of Business Administration And Finance
IMT Ghaziabad
B. Com
Burdwan University
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