SONIKA PRASAD
KOLKATA
Summary
Results-driven Senior Finance Manager with extensive experience in cash flow management, internal controls, and financial analysis. Proven ability to ensure compliance and accuracy in financial reporting while collaborating effectively with cross-functional teams.
Overview
17
17
years of professional experience
Work History
Senior Finance Manager
Nalco
06.2013 - Current
- Financial Control & SAP Period Closure:
Conducted thorough scrutiny and updating of all primary book entries prior to SAP period closure. Ensured accuracy of General Ledger postings and maintained balanced Trial Balances through continuous monitoring and GL analysis. - Expense Management & Provisions:
Allocated and transferred inter-unit expenses (Export, Domestic, Hospital, Car Hiring, Hotel, etc.) under correct ledgers. Created monthly and quarterly expenditure provisions under respective GL heads to ensure accurate financial reflection. - Bills & Vendor Management:
Processed Export, Import, Administrative, and Medical bills (including ex-employees) with timely MIRO postings. Maintained vendor accounts with precise reconciliation and ensured compliance with internal and statutory requirements. - Actuarial & MIS Reporting:
Prepared data for actuarial valuations of regular and retired employees. Compiled and submitted monthly and ad-hoc MIS reports, supporting top management in strategic decision-making. - Tender & Compliance Oversight:
Provided financial concurrence for inter-departmental tenders in accordance with Contract Manuals, DOP clauses, and CVO guidelines. Ensured adherence to statutory deadlines and compliance across all financial operations. - Bank & Treasury Management:
Executed bank reconciliations, managed LC advising and discounting, and ensured integrity of daily postings in SAP. - Fixed Asset & Inventory Management:
Managed the lifecycle of fixed assets including creation, depreciation, and disposal. Conducted physical verification of assets and closing stock, analyzed stock aging, and assisted in CAPEX fund allocations. - Taxation & Statutory Filings:
Ensured accurate and timely payment of direct and indirect taxes, TDS, TCS, and P-Tax. Prepared and filed e-returns, issued TDS certificates, reconciled ITC ledgers for GSTR filings, and liaised with GST and Commercial Tax authorities for assessments, refunds, and audits. - Audit Coordination:
Provided complete financial data (TB, GL, BRS, etc.) for Internal and Statutory Audits. Ensured timely audit completion with nil major observations. - Payroll & Employee Benefits:
Processed monthly salaries and employee tax computations, generated Form-16 via TRACES, and ensured TDS compliance. Verified and processed medical reimbursements for both serving and retired employees in line with company policy and CGHS norms. - Customs Duty & The Remission of Duties and Taxes on Exported Products (RoDTEP) Reconciliation:
Released and transferred customs duty payments within due timelines. Ensured correct accounting of RoDTEP benefits in SAP and coordinated departmental certification for audit submission. - Receivables & Customer Accounts:
Managed customer advance payments, released approved discounts and credit balances, reconciled stock transfers, and issued account statements promptly to maintain financial transparency and customer trust.
Assistant Finance Manager
GRSE Ltd
02.2009 - 05.2013
- Ensuring proper and smooth conduct of Audit by Internal Auditors and Statutory Auditors
- Led successful audits by maintaining organized records and providing clear communication with external auditors.
- Increased efficiency in accounts payable and receivable, implementing robust tracking systems.
- In collaboration with 2 members team could able to clear many old pending accounts payable and reconciliation of the same.
Education
CMA - Finance And Accounts
The Institute of Cost And Works Accountants of India
Kolkata, India12-2006
Bachelor's of Commerce - Finance And Accounts
Bijoy Krishna Girls College
Howrah, India05-2005
Skills
- Fund flow management in MIS
- Annual Budget preparation
- Implementation of SAP FICO and Internal controls
- BRS and Taxation
Accomplishments
- Lead a 4-member finance team responsible for end-to-end accounting, compliance, and reporting for a 25-person business unit of a listed public sector mining company
- Led organization-wide GST implementation from scratch upon its national rollout in 2017, ensuring 100% compliance with zero penalties across all filing deadlines.
- Successfully resolved long-standing tax department dispute, securing a NIL demand order and eliminating financial liability for the organization.
- Co-led a 10-member cross-functional team to design and implement SAP Payroll, streamlining monthly salary processing for the entire organization.
- Oversee preparation of annual Capital and Operational budgets totaling approximately INR 50 million, covering employee benefits, administrative expenses, and asset management across the Kolkata unit.
Timeline
Senior Finance Manager
Nalco
06.2013 - Current
Assistant Finance Manager
GRSE Ltd
02.2009 - 05.2013
CMA - Finance And Accounts
The Institute of Cost And Works Accountants of India
Bachelor's of Commerce - Finance And Accounts
Bijoy Krishna Girls College
Drawing and Cooking
I had received various recognition in various drawing competition during my school days.
I like to learn and try cooking with more nutrient content and less oil involved