Sourav Chakraborty

· Establishing standardized accounting / book-keeping, reconciliations and financial control, policies and guidelines for improved governance towards achieving business results across SBGs.

· Enabling SBG Commercial and management team to take suitable actions. Instituting robust budgetary controls, variance analysis and monthly reporting on key balance sheet items, P&L and cash flow movements with ageing analysis, reconciliations and cause / effect vis a vis control budgets.

· Partnering with the SBG CTC teams to ensure ITD cost reconciliations, incorporation in CTC and other budgetary reconciliations are carried out in accordance with established guidelines.

Collaboration with the SBG /Corporate Tax Teams, consultants for Direct and Indirect Tax planning, collections and optimizing effective tax rates for corporate, SPVs and JVs

Job Responsibility

Financial Planning & Analysis-

· Budgeting: Revenue & Expenses for the of Financial Year

· Forecasting: Revenue & Expenses for the month

· Planning: Accrual & deferred entries at the end of each financial month.

· Month end entries: Ensure adjusting entries (Re-class entries / Cross Charges)

· Preparation of revenue statement (Apps & ITO) based on Actual hits (Cost & Revenue)

· Variance Analysis

· Coordinating – Accounts business Manager & Accounts Executive to convey financial positions.

· Confirmation of balance sheet items to Leaders at each month end and quarter end.

· Maintain KPI data for the team, handling client escalations.

Fixed Asset reporting Capitalization asset, Depreciation recognition, Balance sheet review

Month end close & MIS reporting:

· Monitoring periodic revenue and expenses sources.

· Tracking recurring and non-recurring POs and ensure its proper accounting.

· Monitoring month end entries (Accrual, Deferrals, Accrual reversals, Reclass entries)

· Preparation of customer base, direct cost and indirect cost tables

· Preparation of financial statement and consolidations

· Derivation of Net service revenue and EBITDA for the project & its ratios.

· Profitability statement (local & international destinations)

· Sub-Project/ Plan-wise profitability statement

· Variance analysis and consolidation of commentaries MoM, QoQ, YoY (Budget vs FC Vs Actual)

· Trend analysis of Revenue, direct cost, Indirect cost, contribution margin, net profits

· MIS reporting and PPT presentation to management.

· Loking after periodically JV account and Subsidiary Account on monthly and quertrly basis.

· 1. South Africa

· 2. Mauritius

· 3. Oman

· 4. China

· 5. Germany

· Cordination with JV partner for solving the issues.

· Active participation for acquisition of Arth Design Limited

· Preparation of pre money and post money Valuation for Arth Design

· Part of Finace Due Diligence by KPMG and legal Due Diligence

· Implementation Payble Trakar, Recivaable traker, invoicing automisation,

· Loking after overseas branch accounts in UAE ( Abu Dhabi ) and South Korea ( Seoul)

Managing VAT return filling in UAE and South Korea as per law & regulation on respective country.

Ø Preparation of Income Tax Return of the company.

Ø Preparation of Tax Audit Report.

Ø Preparation of TDS Return of Every Quarter.

Ø E filling of Income Tax Return

Ø Preparation of Documents for Tax assessment & CIT(A).

Ø Co ordination with Tax Consultant ( Earnst & Young )

Ø Estimation of Service tax deposit for every month.

Ø Preparation of Service tax Return for half yearly

Ø Participation on Service Tax Department Audit.

Ø Participation on Service Tax Department AG Audit.

Ø Appearing for hearing for Service assessment before Commissioner.

Ø Preparation of Notes to Account – Stand Alone ( Quarterly/Yearly)

Ø Preparation of CFS Accounts with cash flow ( Quarterly/Yearly)

Ø Preparation of Notes to Account – CFS ( Quarterly/Yearly)

Ø Looking the Banking.

Ø Preparation of CMA Data for Fund Based Limit.

Ø Individual Handling of Projects in abroad.

Ø Individual handling the accounts of a Welding Institution.

Ø Looking after the Loans & Advance.

Ø Passing of bills and Voucher.

Ø Passing various Journal Entries.

Reconciliation of Inter Company Balances.

• Identified and capitalized on community business opportunities with effective networking.
• Mitigated accounting risks through identification and improvement of process inefficiencies.
• Protected company assets with strategic risk management approaches.
• Developed process improvements to increase efficiency and productivity and presented to management for approval.
• Prepared monthly reports, including payment and account reconciliations and financial statements.

Job Resposibility

Ø Preparation of Final Accounts

Ø Preparation of Tax Audit Report

Ø Preparation of Profitability Statement

Ø Valuation of inventory

Ø Stock Reconciliation

Ø Fixed Deposit Reconciliation

Ø Looking after the Fixed Assets

Ø Looking after the TDS, Works Contract Tax , ESI , PF matters

Ø Reconciliation of Inter Company Balances

Ø Processing of Bills

Ø Looking after the CENVAT , VAT , Service Tax matters

Passing of several Journal Entries , etc.