Abhay Jain is seeking a senior managerial role in finance and commercial sectors with nearly 24 years of experience. He has extensive expertise in financial management, accounting, budgeting, working capital management, audits, and financial reporting. His experience includes roles at RSPL Steel Private Limited, Sharda Solvent Limited, and B.K. Group of cement companies where he managed accounting functions, implemented financial controls, and ensured statutory compliance. He has strengths in analysis, budgeting, cash flow management, and internal controls.

1. ABHAY JAIN
Mobile: 096859 11882 Tel. (Off.): E-Mail:, abheyjn@gmail.com abheyjn@yahoo.co.in
Aiming for Senior managerial assignments in the Financial/ Commercial Sector
Offering nearly 24 years of extensive experience in High Growth & Established Companies /
Turnarounds / Large & Medium Sized Businesses
Professional Synopsis
 Extensive hands-on experience in Financial Management, Finance and Accounting.
 Comprehensive in-depth expertise in budgets, cash forecasts, working capital management, acquisitions,
audits, reconciliations and interpretation of financial statements.
 Proficient in development of budget plans, policies, & procedures, and for the overall supervision,
management and direction of the Office.
 Demonstrated excellence in serving as Advisor to the Top management in matters relating to budget
formulation & execution, and as advisor to other departments on budgetary implications of policy and
legislative proposals.
 Proven ability to improve operations, impact business growth and maximise profits through achievements
in finance management, cost reductions, internal controls and productivity improvements.
 Blend of motivation, leadership, creative & analytical abilities to develop innovative ideas that produce
bottom-line results.
 Well versed with working on SAP – FI, and working knowledge of MM and SD Modules.
 Well conversant with Revised Schedule VI , IFRS and SIX SIGMA.
Areas of Expertise
- Financial Control - Funds Flow Management - Financial & Accounting Systems
- Forecasting & Analysis - P& L Management - Working Capital Management
- Treasury Management - Project Financing - Budgeting / MIS
- Statutory Compliances - Internal Controls
Areas of Working Knowledge
- Taxation -Logistic - Excise Matters
- Import / Export - Administration - General Management
- Strategic Planning -Inventory control
Employment Scan
Since Jan. 14- Sept.2015 with RSPL STEEL PRIVATE LIMITED it is a 100% wholly owned subsidiary of Ruchi
Strips and Alloys Limited (RUCHI GROUP COMPNY) present position is DGM –Accounts. Responsible for
accounts and Taxation Function of both company (Subsidiary and Holding Co).
April’10- Dec.13 with Sharda Solvent Limited (DANIK BHASKAR GROUP OF COMPNY) in position of GM –
Accounts. Responsible for accounts Function of 6 units.
Mar’07 – April’10 with B.K. Group of Companies, Kolkata, in position of DGM - Finance of Group
Cement Manufacturing Companies Group. Comprising of Vinay Cements Ltd. (Listed), RCL Cements Ltd., SCL
Cement Co. Ltd. and Calcom cement India Ltd.
Business Skills

2.  Exercising full financial control and maintenance of company accounts; handling company finances on an
international scale with opinions valued and implemented by management hierarchy.
 Supervision of Logistic and purchase function of Cement Industry.
 Instituting internal control systems viz. receivables, payables & inventory as well as keeping a constant vigil
over overhead expenses.
 Creating budget for the company, getting it approved and ensuring implementation of the same.
 Undertaking periodic review of budget and analysis of the budget variances with reasons for deviations.
 Monitoring cash flows and ensuring that funds are arranged in the most cost effective manner after
projecting accurate cash forecast ensuring that there is no shortage of cash in hand.
 Arranging with banks for funding for capital items such that long term funds are deployed for such
utilization.
 Undertaking a review of position of Bank and Debtors on daily basis; also reviewing PARTA of the
company.
 Supervising the preparation of various information required by the Bank such as Stock Statement, FFR-I,
FFR-II and CMA Data for renewal of limits.
 Performing Financial Reporting, Analysis, Capital Budgeting Decisions, Monthly Budgets & Year Plans and
related activities for specific business units.
 Spearheading the accounts payable section including timely payment and settlement of Bank Loan Interest,
Government Statuary Payments, Vendors Payment, etc.
 Spearheading the Auditing Processes; developing audit programmes, determining the scope & extent of
audit work and finalising audit reports; dealing with External and Internal Auditors.
 Leading a team of professionals for providing accounting services, including preparation of Books of
Accounts, Trial Balance, and maintenance of Statutory Registers and Records.
 Preparing tax plans; ensuring timely assessment and filing of direct & indirect tax returns including Sales
Tax, Service Tax, Fringe Benefit Tax and TDS Returns.
 Overseeing all excise matters of the company and liaising with excise authorities.
 Monitoring the preparation of export documents (As per LC terms); opening Letter of Credit in favour of the
Vendors and obtaining discounting from other banks.
Noteworthy Contributions:
 Active participation in due diligence for foreign investment in B.K. Group and Jamna Auto Industries
Limited.
 Implementation of budgetary control in ERP of B.K. Group,
 Getting sanction of working capital limit of 50.00 Crores.
 Designing of MIS for managerial control of creditors, Debtors, Daily cash management,
 Sanction of loan for Rs.33.00 Crores
 Capitalization work of new Unit
 Contribution in make or buy decision of the organization
 Monthly updating of book of account by 5th
of following month in place of 20 days of from the month end.
 Implementation of Internal Audit as effective tools for management.
 At present managing of team of 7 persons.
 Experience of Purchase and logistic activities of cement industry.

3. Previous Assignments
Aug’02 – Mar’07 with Sharda Solvent Limited, Shivpuri
Joined as Manager Finance; promoted to Sr. Manager - Finance in Feb. 07
Solvent Extraction Plant with Refinery of Dainik Bhaskar Group
Jul’93 – Aug’02 with Jamna Auto Industries Limited, Gwalior / New Delhi as Manager Accounts
Jun’92 – Jul’93 with Cimmco Birla Limited,Gwalior as Accounts Officer
Scholastics
 Chartered Accountancy from ICAI in 1991.
 B.Com. from Devi Ahilya University, Indore in 1987; attained 8th
Rank in University.
Training Attended
 Training on Total Quality Management and QS - 9000.
 Work shop of TQM
 SAP training for FI module.
 Seminar on IFRS
 Training on Advance “XLS”
 Certification course of IFRS
 Certification course of SIX SIGMA.
Personal Dossier
Date of Birth : 30th
June 1968
Current Address : W-104, Shalimar Palm, Piplahana, Indore, Pin-452016
Permanent Address : C/O Satish Chand Jain, 365, Civil Line, Opp. Laxmi Bai Park , Jhansi. (U.P.)
Languages Known : Hindi, English and( Bengali & Marathi ) (Basics)
DECLARATION :
I solemnly declare that above set forth detail about me is true and correct.
Abhay Jain
Date : 16-12-2015