ATUL CHOPRA
House No. 1039, Sector 51, HUDA, Gurgaon
Contact: 9891121588 Email: atul718@yahoo.com; Date of Birth: 19th November 1972
Passport No. B0061431
SENIOR FINANCE & ACCOUNTS / FUND MANAGEMENT / PROJECT
FINANCING/BUDGETING / TAXATION PROFESSIONAL
Strong track record of exceeding performance benchmarks throughout the career span
PROFILE
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An experienced and versatile professional with significant experience of 15 years acquired over the years in diverse
areas encompassing Hospitality Project Finance & Accounts, Auditing, Taxation, Management Control, Legal & Statutory
Compliances; currently spearheading as DGM Finance & Accounts with Duet Group, Gurgaon.
Demonstrated expertise in analysing MIS reports, mobilizing and managing financial resources to meet company’s
long and short-term financial needs managing Accounts Receivable and Payables and capitalization of Assets &
Handover to Operation for Project SPV’s account.
Keen strategist with strong business acumen to formulate short term and long term financial plans, sound knowledge
of International Financial Reporting Standards, Statutory & Legal Compliances as applicable to the industries and
adequate Insurance Coverage for Projects.
Adroit in Financial Planning/re-structuring, Budgetary Control, evaluating & implementing Internal Controls and
ensuring compliance with various laws and other statutory requirements. Defining systems & processes and structuring
standard operating procedures with adequate transparency.
Working knowledge of EPCG benefits obtained from DGFT Importing Material at Concessional rate, Finance and
Accounting Policies Procedures, Accounting Standards and Principles, Corporate and Taxation Laws and Statutory
Enactments with the ability to relate theory with practice.
Vast knowledge of Indirect & Direct Taxation including Income Tax, VAT, Service Tax, Works Contract Tax, Labour
Cess etc. – preparing and finalizing company’s annual Income Tax, Sales Tax, TDS Service Tax returns and submitting to
the concerned departments.
Adept in handling and managing various accounting activities in ERP computerized systems including bank
reconciliation, account finalization, preparation of various reports, and preparation of Financial Account Statement, Trial
Balance, and Profit & Loss Account.
Articulate communicator with proven capabilities in coordinating with the Banks, Regulatory Authorities for
securing necessary sanctions and financial support, as well as Strong Interface with Auditors for smooth auditing process
Core Competencies
Financial Analysis  Audits  Accounts Reconciliation Legal & Statutory Compliance  Budgeting  Assets Management
 Funds Management  MIS Reporting  Balance Sheet  Reporting & Documentation Working Capital Management,
Coordination with Banks  Debtors & Creditors Management Cost Optimization  Corporate Restructuring 
International Trade Laws  Policy/Procedure Development  Direct and Indirect Tax Laws  Financial Evaluation of New
Projects  Negotiations  Adaptation & Updation to team with latest changes in Laws.
Technical Skills
ERP Software-Osource  MS Office Power Point
PROFESSIONAL EXPERIENCE
DUET HOTELS GROUP, UK – (BASED IN CORPORAT OFFICE GURGAON)
SINCE SEPTEMBER 2010
DGM – Finance & Accounts ( Projects)
Company Profile: Company based in Europe managing over US $ 2.3 billion of private equity involved in Real Estate, Hospitality
etc. The Company had a PAN based presence & currently developing hotels at Tier I/II cities of India.
 Strategically Implementing accounting policies, principles, tracking systems to manage the operations of taxation, finance
and accounts department of the company and subsequently achieve huge savings through tax planning and management
 Performing Analytical review of financial statements of Project SPV’s as per IGAAP & as per IFRS.
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 Skillfully apply Adequate Insurance coverage for the Projects undergoing
 Deftly handle Vendor Pre qualification, Negotiation & Finalization of Contract, EPCG benefit clause to state , Commercial,
Insurance Policy & Taxation implied on the Contract taking into cognizance of avoiding double taxation.
 Successfully drafting Agreements with contractors/consultants and commercially closed contracts. Adroitly suggesting
measures for improvements and value engineering.
 Analytical Presentation to Board of Directors on a monthly cycle, variances between budgeted data and actual data with
forecast of cost to completion of project & implementing corrective action at an early stage.
 Strategically designing & implementing systems, policies & procedures to facilitate internal finance controls. Maintained
timely customised MIS reports for JV partner ( IHG) & Investors.
 Successfully monitor the requirement and ensure optimum utilization of funds, Cash Flow
 Monitoring standard operating procedures targeting at organizational excellence, Liaise with the vendors while analyzing
and reviewing their billings, the taxation compliances and other legal documents, ensuring timely payments.
 Liasoning with bank for BG’s, Letter of Credit, Buyer’s Credit & other facilities.
 Capitalization of Project Accounts
Achievements
 Deftly managing 5 Projects having worth of INR 390 Crores as an independent custodian by formulating Intellectual
Capital and Practical Implementation approach.
 Adroitly brought down cost by 10% and Inventory holding reduced from 90 to 40 days by developing new ideas and
strategic approaches for increasing effectiveness in project account stream.
 Meticulously averted financial crisis in 2012 by introducing derivative policy to manage risks by booking 50% forex
exposure.
AMAN RESORTS GROUP, SINGAPORE- (BASED IN DELHI – Lodhi Hotel)
AUGUST 2005 - AUGUST 2010
Manager Accounts & Taxation
Company Profile: A Renowned Hospitality Worldwide Chain having almost 45 top end resorts with a 5 star rating.
 Spearheaded activities entailing formation of Accounting Policies and Procedures and deftly acted as the custodian of the
financial system. Supervised internal / statutory audit functions and finalize accounts within time bound schedules
 Skillfully supervised the preparation and submission of statutory accounts, management reports & accounts as per IFRS to
be placed with Board of Directors.
 Supervised timely filing of Annual Tax returns and ensure strict adherence to compliance under Income Tax, Service Tax
and Sales Tax including advance tax planning for assessments and remittances
 Coordinated with Internal and Statutory Auditors for conducting periodic audits; evaluate Internal Control Systems to
identify the flaws and implement necessary processes to overcome the defects in the existing system.
 Actively involved in making and preparing cash flow statements, fund flow statements and various other statements,
thereby having an effective control on day-to-day cash payments
 Prepared various reports under Companies Act, & Income Tax Act, reports relating to bankers, finalizing balance sheet &
final accounts (Quarterly & Annually), filing periodically statutory returns TDS, etc.
 Meticulously coordinated with the Banks for LC, Bank Guarantee
 Lucratively handled strict budgetary controls over expenditure incurred and detailed the explanation of the expenditure
variance reports (Actual vs Budgeted Expenses) and thus facilitates decision making process
Achievements
 Successfully contributed in completion & capitalization of Project having cost of Assets worth Rs 450 crores, “The
Aman“, New Delhi which helped me to receive an Appreciation award.
 Spearheaded e-sourcing which yielded 10-15% benefit and Implemented Six Sigma sensitized employee to cost
related issues.
INTERNATIONAL GROUP OF COMPANIES, OMAN (BASED IN MUSCAT)
JUNE 2004 - JULY 2005
Finance Analyst
Company Profile: A leading MEP Contracting Company
 Managing the financial activities of the company while strategically handling with the responsibility of generating monthly
MIS reports and disseminated it to higher authority as and when needed.
 Ensure compliance to the bank formalities like L.C, B.G, terms Loan and negotiation with the bank for limit sanction, LC
clearance, etc.
 Preparing cash flow statements to monitor the inflow & outflow of funds and ensure optimum utilization of available funds
to accomplish organizational goals
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 Driving effort across enabling smooth flow of operations. Identifying scope for process enhancements for improved
services & facilities; monitored and controlled office operations viz., preparation of forecasts on business assumptions and
managing month end closing and close walks.
 Initiating team members to come up with process improvement ideas, conducted brain storming sessions with team
members to come up with better ideas and Liaised with suppliers for account receivable management
 Extensively involving in interacting with clients at for relationship management through the Clients Degree of
Implementation model. Regularly interacted with clients on process related issues, and tried to achieve client satisfaction
by enhancing performance and ascertain areas of potential dissatisfaction
BUMI HIWAY SDN BHD, MALAYSIA- (BASED IN GURGAON)
OCTOBER 2001- MAY 2004
Accounts Manager
Company Profile: A leading reputed group of Malaysia dealing in Infrastructure Roads, Bridges & Maintenance Projects.
 Skillfully carried out finalization of accounts including preparation, review of Financial Statements, notes to accounts and
cash flow statements in compliance with Indian GAAP (Accounting Standards, Companies Act, Income Tax Act, etc.).
 Adroitly adhered to the compliance with Reserve Bank of India related to ECB Agreement and filled necessary papers as
required by the exchange control regulations and successfully interacted with Statutory Auditors (Ernst & Young, New
Delhi) for finalization of accounts.
 Skillfully coordinated with NHAI – Mobilization & Machine Advance, Progress Claim Payments. Accountable for
compliances with procedures laid down by Govt. Bodies like Income Tax, Sales Tax, WCT, etc.
 Accountable for the Management assurance services, i.e. evaluation of internal controls through the audit process
discussing the findings with the senior management and recommending appropriate corrective measures.
 Actively involved in monitoring Accounting functions of the projects at various sites viz., Punjab, AP, Orissa, etc, statutory
books of accounts, bank reconciliation as well as financial statements including Trial Balance, Profit & Loss Account, issuing
TDS certificate, Income & Expenditure A/C, Accounts Payables and Receivables Statements and Quarterly, Half early &
Annual Balance Sheets. Tax Audit / Sales Tax Audit.
 Deftly verified different types of Vouchers with Bank Reconciliation of different accounts and bank, maintenance of Cash
Book, Bank Book, Ledgers, Depreciation Calculations and formulating salary structures to minimize tax burden.
 Liaised with the debtors/ vendors, Taxation matters of employees including foreign expatriate and analyzing and
reviewing their billings, the taxation compliances, invoices, agreements and other legal documents, ensuring timely
payments.
WOOL WAYS (INDIA) LTD, LUDHIANA
Assistant Manager - Excise & Costing
JULY 1998- SEPTEMBER 2001
 Spearheaded efforts across handling the spectrum of functions pertaining to finance and accounts including accounts
payable/receivable; ensuring adherence to statutory compliances.
 Deftly prepared financial reports to determine the financial visibility, Cost Statements & Analysis of various aspects of cost
reduction.
 Spearheading efforts across advising product manufacturing based on product costing and meticulously prepared and
submitted FFR and stock statements to Bank.
EDUCATIONAL CREDENTIALS
ICAI (Cost Accountant) 1997
Institute of Cost Accountants of India (Membership No M/18428)
M.Com 1993
Rajasthan University, Jaipur (Ist Divison)
Academic accolades
 Successfully gained diploma in Computer Applications.
 Oracle, ERP Software – ALIF, Osource
Trainings & Seminars Undergone
 Taxation - VAT ,Service Tax, Work Contract
 Corporate Governance.
 Team Building & Leadership, Building Driver Success
 International Financial Reporting System ( IFRS)
Languages known: English, Hindi and Punjabi.
References: Available on Request
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