1. AMIT CHAUDHARY
Mob: 8447738251; Email: faac1977@gmail.com
MANAGER F&AWITH A CAREER SPANNING 12+YEARS
Professional Abridgement
Analytical in approach of Finance & Accounts Management, Auditing & Taxation, MIS & Reports, Project
Costing, Cost Control and People Management.
Expertise in Accounting softwares- Oracle R-12, Tally 9.1(ERP).
Deft at finance appraisalsunder standard evaluation criteria and innovative to explore alternate avenues
for accomplishing high end results.
Prioritize workload and multi-task; flexible to changing priorities. Direct in approach to discovering
information.
Managing diverse operational levels, interacting with the management ranks & customers, ensuring
superior performance with minimal error rates and augment business for the organization.
Areas of Expertise
Finance & Accounting
Account Receivables
Billingand Collection
Project Accounting & Capex
Monitoring
Financial Reporting& Analysis
Contract Evaluation
StatutoryCompliances
Budgeting, Forecasting & Fund
Flow Projections
Employee & Vendor Payment
Processing
People Management
Cash Management
MIS
StrategicPlanning
New Initiative
Seeking a Managerial position of- F&A in any industry
FUNCTIONAL SKILLS
Financial Control, Accounting & Cost Control: Conceptualizing and implementing competent financial
strategies with a view to generate profits. Managing the overall functioning of finance processes, identifying
improvement areas and implementing adequate measures, to maximize customer satisfaction level. Update
and keep current Costing Statistics.
Financial Analysis: Prepare & evaluate bid proposals based on rigorous financial and commercial analysis
and ensure such proposals align with the business’s strategic goals. Influence business decision based on
commercials and risks involved, identify impact of such risks, and identify mitigation strategies.
Auditing & Taxation: Evaluating internal control systems/ procedures to highlight shortcomings &
implementing recommendations. Preparing tax plans, carrying out auditing functions for Statutory Audit,
Company Audit, Internal Audit, Tax Audit, Service Tax Audits etc.
Budgeting & MIS: Formulating annual budgets and conducting variance analysis to determine difference
between projected & actual results and implementing corrective actions. Assessing the accounts related
MIS Reports & circulating it to management on a weekly/ monthly basis.
Strategic Planning & Team Management: Identifying and implementing strategies for building team
effectiveness by promoting a spirit of cooperation between team members. Establishing corporate goals,
short term and long term budgets and developing business plans for the achievement of
these goals.
CAREER ACCOUNTABILITIES
Jabil Global Services. Manesar,Gurgaon
Manager- Finance (Jan-2014 – Present)
Key Result Areas: Accounts Payable ~Working Capital Management~ Core Accounting ~ Statutory Compliance ~ Cost
Analysis & Control ~ MIS ~ Team Management ~Billing &AR
2. Accountabilities:
PROCESS OWNER for Finance & Accounts functions of CIC –‘Care in Centre’business, leading a big team of 12 members
and Administered entire gamut of Accounting activities for all Centers spread across 50 cities in 8 states –
1. Cash Management & Banking.
2. Sales Accounting (R2R)–
Monitor Billing Team Reports for accurate and timely creation of Invoice by 50 centers.
Follow –up on Receivables with Collection Team.
Customer Registration, Payment Terms and credit limit finalization for corporate customers.
Party Account Reconciliation and negotiations with customers and partner (if required).
Ensure VAT, Service Tax and other local tax compliance and their proper accounting.
3. Accounts Payable (P2P)
Compliance and Delivery as per SOW with Partners.
Ensure Timely & weekly Payment Plan for vendor based on fund projections.
Vendor Master Creation in Oracle and AP sub-ledger monthly close.
Contracts/Purchase order/agreement evaluation and Market watch for most competitive price and
credit Terms.
4. Taxation & Compliances and Monthly Book closing and Monthly Financials Reporting.
5. PRICING INPUTS for bidding of new centers. Dealings and negotiation with Trade partners and provide
necessary inputs for finalization of agreement.
6. FACILITATION of internal & statutory Audit.
7. PREPARATION OF BUDGETS as per annual meet and reporting on variance (weekly / monthly), target area for
improvement & mitigation strategies recommendation.
Achievements/ Awards:
Set up a robust Accounts Receivable process (SOP) by automation of manual process, which drastically reduced
the processing time and error percentage.
Efficient Management of sales Tax in 8 different states with 100% compliance.
Leading a Big Team of 12 members and ensured a defined growth path for each of them. Zero separations
(employee turnover) during last two years.
SRF LTD., GURGAON
Manager – Finance (Mar 2011 – Jan-2014)
Key Result Areas: Project Cost Management ~ Accounts Payable (P2P)~ Statutory Compliance ~ Fixed Asset Accounting ~
Auditing ~ Cost Analysis & Control ~ MIS ~ Project Accounting ~ Team Management
Accountabilities:
Ensure accurate and correct Book-Keeping in Oracle with a Team of 4 Members and Timely Month end Financial
close, with reporting of Financials to Top Management as per monthly calendar deadlines.
Accounts payable (P2P) Vendor Master creation, payment termsand Tax code creation in oracle, includingpayment
processing and deposits/Retention Money detail of suppliers and their account reconciliations.
Taxation & Statutory Compliance: Proper deduction of Tax on payment to vendors and timely deposit of statutory
dues –TDS service Tax, WCT & VAT. Ensure timely Advance Tax Payment & filing of returns.
Fixed Asset Accounting: Addition, Retirement, sale & Write off. Fixed Asset schedule as per schedule VI. Ensure
periodic Physical verification of Assets as per policy.
Project Accounting: Cost centre based accounting, allocation of overheads to running projects, Transfer of expense
to Pre-operative expense & Capex accounting. Management Reporting on Project completion status and estimated
Project completion cost for Rs.1500cr. projects at Dahej (Gujarat).
Research & Development: Annual Certification of R&D Expenditure by DSIR for Tax exemption of 200%. & Renewal
of Registration with DSIR.
Budgeting & Forecasting: Annual planning cycle and budget preparation upload in oracle, Fund Flow projections.
Audit: Facilitation of Quarterly & Annual Audit, Tax Audit & R&D audit.
Insurance-Ensure proper Insurance coverage and timely payment of premiums.
Banking & Finance: Approval of Bank and cash payment, Management of cash credit account, Payment schedules of
vendor, Alterations in Authorized signatories (DOP), New account opening, Review BRS & Fund Flow Management.
Achievements/ Awards:
Award for Capitalization OF 4 projects of Approx. Rs.300 Crore at Bhiwadi and Dahej.
Member of Deming Award winner Team of chemical Business for R&D section.
Member of R-12 Core Team and successful implementation of oracle up gradation Project 12i.
Title & award of UNSUNG Hero -2012
3. BAJAJ GROUP OF COMPANIES
BAJAJ HINDUSTAN LTD., NOIDA-
Senior Officer – F&A (Dec 2007 – Mar 2011)
Key Result Areas: Statutory Compliance ~ Sales Accounting ~ Auditing ~ Cost Analysis & Control ~ MIS ~ Team
Management
Accountabilities:
Banking & Finance: Administered online banking functions. Submission of consolidated Monthly stock statement to
banks for cash credit facility. BRS control for all plants at corporate office. Preparation of CMA data for banks.
Preparation of import document(s) and liaised with bank for LC, BG & Forex remittances.
Taxation: Deposit of TDS, TCS, Sales Tax and service Tax of all the plants before due date. Filing of TDS and TCS
Returnsfor plantsand corporate office. TDS Assessment and reply of ITO Notice. Issue of Form 16A and Form 27D to
contractors. Deposit of Income Tax and wealth Tax. Preparation of Tax Audit details of Form 3CD.
Accounts Receivables: Invoicing for three plants, Customer Registration, Payment Terms and Credit limit for
corporate customers, Follow-up on receivables, SOA and reconciliation.
Manpower Cost: Salary checking, validation & disbursement to 1000 employees for three plants. Employee Income
Tax computation. To update employees regarding latest amendments in Income Tax provisions. Validation of ‘Fu ll
and Final’ settlement of left employees. Issue of Form 16, Form 12BA, and salary certificate to employees.
Finalization of Accounts: Reviewed divisional financial statements for accuracy and consolidation. Prepared annual
company accounts and reports. Preparation of Notes to Accounts.
MIS: Responsible for the accurate and timely completion of monthly financial statements. Valuation of closing stock.
Preparation of Annual Budget. Trial scrutiny and variance Analysis of Monthly profit & loss account.
Achievements:
Standardization of Process for Consolidated Stock Statement required to be submitted to multiple bankers for cash
credit facility.
Promoted from Officer to Sr. Officer.
Initiation of online Tax payment facility, successfully deposited tax for all plants centrally.
Development of Income Tax Module in ERP-6.
Complete charge of Bajaj Aviation Pvt. Ltd. With one sub-ordinate & Tally ERP-9.1
WAS ALSO ASSOCIATED WITH….
Advance Business Consultants Limited (Consultancy Firm), as Assistant Manager Accounts & Audit (Feb 2005 -
Nov 2007)
Saket PVC Pipes Industries Pvt. Ltd. (PVC Pipe Manufacturing Company), as Senior Officer Accounts (Oct 2002 -
Jan 2005)
Lodha & Co. Chartered Accountants, as Audit and Article Clerk (Mar 1999 – Sep 2002)
EDUCATION
CA Inter, ICAI (2002)
BCom (Honours - Accountancy), IGNOU (2001)
CA Foundation, ICAI (1998)
SEMINARS/ WORKSHOP
Seminar on WCT & Amendments in Service Tax (including Reverse charge).
Seminar and Workshop on IFRS and Revised Schedule VI
Workshop on FERA and Letter of Credit
Certificate for On the Spot Case studies by TOPS.
COMPUTER SKILLS
Advance MS-Excel Tools & Power Point
PERSONAL INFORMATION
Date of Birth: 15 Feb 1979
Languages known: English, Hindi & Bengali
Address: House No. 358, FF, Kakrola Housing Complex, Kakrola Mor, New Delhi-110078