VIJAY KUMAR
Chartered Accountant
Tilak Nagar
Summary
Results-driven Chartered Accountant with experienced in financial statement review, auditing and reporting. Well-versed in producing reports, evaluating department operations and handling month- and year-end closings. Meticulous, conscientious and methodical in approach.
Proactive Chartered Accountant with strong background in financial analysis, budgeting and forecasting. Develops and implements financial plans and delivers strategic financial advice.
Overview
11
11
years of professional experience
Work History
AGM (Head of Finance & Accounts)
Nature Pearls Pvt. Ltd.
12.2017 - Current
- Streamlined financial processes by implementing new accounting software and automation techniques.
- Worked closely with audit team to hedge against or mitigate operational risks.
- Directed budget development, budgetary controls and recordkeeping to make informed financial decisions.
- Advised Board of Directors on strategic financial matters, providing insightful recommendations backed by thorough analysis.
- Conducted detailed analysis of company financial information and oversaw preparation of related reports.
- Tracked cash flow and financial planning to analyze company's financial strengths and weaknesses and propose strategic directions.
- Oversaw accounts payable and receivable to track income and expenditures, drive statutory compliance and provide quantitative financial information.
- Implemented cost reduction initiatives and process improvements to optimize efficiency and productivity.
- Ensured accurate financial reporting, maintaining compliance with GAAP, SEC regulations, and internal policies.
- Implemented tax planning strategies that minimized liabilities while ensuring full compliance with local, state, and federal laws.
- Established strong relationships with external stakeholders, including investors, analysts, and regulatory agencies to promote transparency and build trust in the organization''s financial management.
- Prepared accurate financial statements at end of quarter to summarize financial health and business performance.
- Created, planned, and implemented policies and procedures to increase productivity and maximize return on investments.
- Maintained P&L and shouldered corporate fiscal responsibility.
- Prepared and submitted reports on import and export activity to management.
- Analyzed shipping reports to identify opportunities for cost savings.
- Maintained accurate records of all import/export transactions to ensure full traceability and audit readiness.
- Streamlined import/export processes by implementing efficient documentation and filing systems.
- Managed relationships with external auditors for successful completion of annual audits without significant findings or adjustments.
- Implemented best practices in hedge fund accounting processes to enhance the overall quality of financial information provided to clients.
- Delivered consistent growth in revenue by identifying new business opportunities within the forex market space.
- Maintained accurate records of all forex transactions, ensuring transparency and ease of auditing for internal and external stakeholders.
- Mentored junior finance staff, fostering professional development and strong team dynamics.
Assistant Manager – F & A
Globus Spirits Ltd.
05.2017 - 12.2017
- Preparation of Financial statement of quarterly basis as per Ind AS & SEBI regulations
- Preparation of Standalone & consolidated financial statements
- Preparation & maintenance of fixed assets registers as per schedule II of companies act & calculation of depreciation
- Co-ordination with statutory, internal & tax auditors
- Co-ordination with statutory auditor (Deloitte) for limited review audit
- Preparation of variance analysis on monthly basis
- Assistant in Budget preparation
- Assistant in MIS Reporting
- Assistant in Taxation work to taxation departments
- Involve in ERP Implementation
- Co-ordination with accounts department to maintained books of accounts up to date.
Assistant Manager – F & A
Sukhbir Agro Energy Ltd.
01.2016 - 04.2017
- Monitoring the books of accounts & day to day operations of one of the unit of above company containing 3 segments (Rice Mill, Oil Extraction & Power Generation) with objective to ensure that all risk oriented field should be covered & reduce the internal system risk
- Preforms Pre audit analysis and develop plans and procedures to be followed during audit
- Preparing & submitting daily, weekly, monthly internal audit report to the management
- Provide suggestion to the seniors & Committee on the basis of auditing
- Assist in Statutory Compliances like PF/TDS/Service Tax/Sales Tax etc
- Preparing, Analyzing & finalizing Financial Statements as per Schedule III of companies act on standalone basis for each unit & on consolidation of all units
- Preparing, Analyzing & finalizing Consolidated Financial Statement as required by the companies act with the compliance of applicable accounting standards
- Implementing systems, procedures for preparation & maintenance of statutory books of accounts & financial statements and ensuring compliance with statutory requirements
- Investigating and dealing with Financial Irregularities
- Preparing & filing of Service Tax Returns all the group companies
- Preparing & filing of Sales Tax Returns under dvat
- Assist in Preparing & finalizing of Credit Monitoring Arrangement (CMA) data
- Preparing stock reports & valuation as per Physical Verification of Stock of units
- Preparing, Analyzing monthly profit & loss accounts
- Depreciation Calculation unit wise & consolidated as per Schedule II of companies act & Income tax Act, 1961
- Ratio Analysis of financial statements for unit wise & consolidation level
- Co-ordination with statutory auditors & resolving their queries
- Assist the vice president – F & A in his working
- Assist in Tax Related Cases i.e
- Service Tax, TDS and Sales Tax.
Audit Manager
Kathuria Asija & Co.
11.2013 - 01.2016
- Drafting audit programs appropriate for Internal and Statutory audits assignment considering different departments in a company from the perspective of management audit
- Periodically Physical Verification & valuation of Inventories as per applicable accounting standards
- Preparation of Customer Overdue on periodically basis and recommending follow-up plan for the same
- Reporting various issues observed in reconciliation with suppliers & Debtors
- Determine whether areas reviewed are performing control activities in compliance with applicable policies and procedures and in a manner consistent with both organizational objectives through handling of different internal audit assignments
- Preparing Audit Reports and Holding Discussions thereon with various levels of management
- Follow up on the implementation of recommendations arising out of internal audit reviews
- Analysis and Finalization of Financial Statements as per Schedule III of companies act to ensure compliance with the Accounting Standards, Companies Act and other applicable rules & regulations
- Drafting & Filing of Tax Audit Report of various assesses as required by the Income Tax Act, 1961
- Computation & Filing of Income Tax Returns of various assesses
- Preparing & finalizing of Credit Monitoring Arrangement data (CMA Data) for bank for various clients for fund borrowing ( maximum limit 5 Cr )
- Calculation of Depreciation of various assesses as per Schedule II of Companies Act, 2013
- Financial Risk & Profitability Management
- Ratio Analysis to ascertain the liquidity & Profitability of the Company
- Statutory Bank Branch audit of Bank of Baroda, Indian Bank as person in charge, team leader, team member & trainee during the tenure in above firm
- Internal Audit of Sukhbir Agro Energy Limited as per the final scope area
- Statutory Audit of various assesse
- Drafting reply against notice of revenue departments.
Education
Chartered Accountant - Chartered Accountant
Institute of Chartered Accountant of India
Delhi 04.2001 -
Bachelor of Commerce - Taxation
Delhi University
Delhi 04.2001 -
High School Diploma -
Govt Boys Senior Secondary School
Rajouri Garden 04.2001 -
High School Diploma -
Sarvodya Bal Vidhalya
Tilak Nagar 04.2001 -
Skills
Financial reporting mastery
Working capital management
ERP System Implementation
Cash Flow Management
Tax Planning and Compliance
Accounting Principles Familiarity
Expense Management Techniques
Regulatory Compliance
Financial reporting and analysis
Profitability analysis
Audit Coordination
Account Analysis
Budget Planning
Academicprofessionalqualifications
- Chartered Accountancy, 11/01/14, ICAI, Delhi
- B.Com, 2012, Delhi University
- Senior Secondary, 2009, CBSE Board, Delhi
- Secondary, 2007, CBSE Board, Delhi
Personal Information
- Father's Name: Mr. Uma Shankar
- Date of Birth: 03/22/92
- Marital Status: Married
Notableclients
- Sukhbir Agro & Energy Limited ( Engaged in Business of Rice Milling, Power Plant, Solar plant, Solvent Plant and Warehouses having 7 Units with a turnover of more than 1700Crore)
- Alliance Petroleum Pvt. Ltd. - (Deals in all kinds of Petroleum Products including kerosene oil, lubricants, Carbon Black Feed Stock Oil (CBFS) & Furnace Oil (FO))
- Bir Engineering Solution Pvt. Ltd. - (Engaged in HVAC Contracting, Air-conditioner Distributors, Appliances Distribution and Distributors for Engineered Foams)
- Sanash Impex Pvt. Ltd. - (Manufacturer & Supplier of non woven bags, rice pouches, rice bags and Packaging pouches)
Itcomputerskills
MS Windows, Working knowledge of MS – word, MS – Excel & MS -Power Point, Tally all versions, busy & ERP, Well versed in Internet Operations like online challans payments, return filling, forms issuing etc., Successfully completed 100 Hours Information Technology Training as a part of CA Curriculum.
Languages
English
Upper intermediate (B2)
Hindi
Upper intermediate (B2)
Disclaimer
I hereby affirm that the information stated in this document is fair and true to the best of my knowledge.
Interests
Travelling
Reading
Watching
Timeline
AGM (Head of Finance & Accounts)
Nature Pearls Pvt. Ltd.
12.2017 - Current
Assistant Manager – F & A
Globus Spirits Ltd.
05.2017 - 12.2017
Assistant Manager – F & A
Sukhbir Agro Energy Ltd.
01.2016 - 04.2017
Audit Manager
Kathuria Asija & Co.
11.2013 - 01.2016
Chartered Accountant - Chartered Accountant
Institute of Chartered Accountant of India
04.2001 -
Bachelor of Commerce - Taxation
Delhi University
04.2001 -
High School Diploma -
Govt Boys Senior Secondary School
04.2001 -
High School Diploma -
Sarvodya Bal Vidhalya
04.2001 -