Sunil Sharma

• A performance driven professional, targeting senior-level assignments in Finance, Accounts & Commercial, with an organization of high repute
• Talented Senior Vice President with excellent employee development, customer service and analytics skills coupled with more than 34 years of experience.
• Excellent team builder and leader of initiatives. Enthusiastic and eager to contribute to team success through hard work, attention to detail and excellent organizational skills.
• Clear understanding of Commercial & Budget costing activities. Motivated to learn, grow and excel in Textile Industry.
• Skilled in preparation, review and finalization of monthly P&L and Balance Sheet; conducting monthly variation analysis & giving comment of variation, Indirect tax assessment; group audit support'
• Proficient in developing & streamlining working procedures, formulating cost effective solutions for enhancing operations of the company.
• Proficiency in formulating budgets and implementing systems/ procedures, conducting analysis, preparing key reports to exercise financial control and enhance overall efficiency of the organization

• Collaborated with team in the set up of 6 expansion Projects at Kathua and Bhawani mandi locations in schedule time.
• Achieved Reimplementation of SAP version S4/HANA in record time period of 8 months through effectively Support of the company I T Team.
• Supervised team of 90 staff members.
• Saved amount in crores in Income tax by way of deductions from Taxable Income on account of profits of various expansions of the Mills completed from time to time.
• Managed to settle the demand for Entry Tax on imported Machinery and Electrical & Electronic Goods for the year 2015-16 to 2017-18 for Rs.243 Lakhs, raised by Assistant Commissioner Anti Evasion, Kota to Rs. 14.44 Lakhs.
• Directorate of Revenue Intelligence have issued Summon for wrong availament of Duty Draw Back by violating of notification No. 59/2017 -Customs (NT) dated 29.6.2017 and seeking to issue Show Cause Notice for about Rs.7 Crores plus interest and penalty. The case was being handled intelligently and with proper documentations, resulting in the demand reduced to Rs.1.50 Crores.

• Performing analytical review of financial statements and evaluation of internal control systems for conducting statutory/ tax audits / bank audit/ government audit / management audit and special audit
• Preparing audit reports and making recommendations in order to ensure that accounts are prepared and maintained in conformance to statutory obligations
• Preparing tax plans and ensuring timely assessment and filing of direct/ indirect tax returns in compliance with Income Tax and GST Act
• Managing all matters relating to Income Tax, GST, such as filing statutory returns, attending assessment and obtaining order in favor of the company
• Formulating budgets, conducting variance analysis to determine difference between projected figures & actual expenditure and recommending / taking corrective actions
• Review, Analysis and Implementation of Changes in various systems of commercial departments to effect better control and cost reduction
• Complete and Independent Supervision of Accounts Functions in Computerized environment.
• Maintenance of Cost Records and Cost audit Report submitted to the Board in time.
• Responsible for timely completion of Internal Audit and submission and presentation of it to Audit Committee with replies to its satisfaction.
• Preparation of Income Tax Return and responsible for getting Income Tax assessments.
• MIS Statements including preparation and submission of Annual Parta, Monthly Targets, Monthly Profit & Loss Account, Financial Position and routine Budget and costing work.
• Preparation of Capital Budgets and Annual Revenue Budgets
• Supervision of Banking operations including submission of working capital requirements.
• Preparation of proposals for Term Loans from Banks.
• Dealing with Government Authorities such as DGFT, Textile commissioner, Ministry of Industry, both state Government and Central Government, Local Administration in various matter.
• Dealing with local authorities in the matter of Land acquisition.
• Sales accounting and exercising control over debtors and formulation and implementation of credit policies.
• Filing and Handling Legal suits for recoveries and other commercial litigations in various court of laws.
• Responsible for Sales Tax assessments, Excise and service Tax matters and GST Audit and litigations.
• Responsible for Insurance coverage of the Units and settlement of Insurance claims.
• Responsible for managing commercial departments like Stores, Raw material and Sales departments
• Confident to handle all types of work related to Accounts, Finance, Taxation, Commercial, Legal matters.
• Administering purchase during project establishment and negotiation correspondence with vendors & finalization of purchase orders at best terms

Date of Birth : 23rd January, 1964

Permanent Address: 81, VIT Vihar ( RFC Colony), Near Brightland School, Vaishali Nagar, Jaipur (Raj.)-302021

Language known: Hindi, English & Punjabi

Hobbies: Book Reading, Listening Music and Travelling