Hem Chander Sharma
F-248, Nand Gram, GDA Colony, Ghaziabad
+91 9891029259 & 09891029445
hem14091963@yahoo.com
hemsharma@lifelongindia.com
-To actively participate as a team player for improvement in the profitability and growth of an
organization.
-Determining financial objectives. Designing & implementing systems, policies & procedures to
facilitate internal financial control.
-An effective communicator with excellent interpersonal skills.
ACADEMIC CREDENTIALS
MBA/PGDBM -from Institute of Productivity & Management -2003.
M.Com -from CCS University, Meerut in 1984.
One Week Program of Activity Based Costing from MDI, Gurgaon
EMPLOYMENT PROFILE
1st March’2012 to till date
26th March’1990 to 29th Feb’12
Lifelong Meditech Ltd./LIL
Samtel Color Ltd
Dec’1987 to March.1990
M.G. Electronics Pvt. Ltd.
April’1984 to Dec’1987
Hindustan Proteins Ltd.
Assistant Manager-(F&A)
Assistant Manager-(F&A)
Accountant
Assistant Accountant
NOTEWORTHY CONTRIBUTIONS
Working in Lifelong Meditech Ltd. as Assistant Manager (Finance & Accounts) from 1st
September’2013.(Manufacturer of Medical Devices).
( Joined Lifelong India ltd as Assistant Manager (F & A)-01.03.2012).(Manufacturer of Auto Parts).
(LIL Group Turnover is Rs. 800 Crore).
System Preparation & Ensure system followed by the internal & other Departments.
Reporting to Group CFO (Finance & Accounts)
MIS & Budget-SAP-Ecc6
1. Preparation of Annual Budgets and its monitoring.
2. Preparation of Monthly MIS & Reason for Variances.
3. Contribution Analysis
4. RMC Reconciliation SAP VS Standard.
5. Verify correctness of data with SAP to ensure accuracy of MIS.
6. Compare actual with budget and prepare analysis of variance with budget & standard.
7. Preparation of Monthly Balance Sheet & working Capital Statement & Fund Flow.
8. Physical Verification of Stock & matching with SAP.
Accounts Payable-(AP)SAP
1. Passing/Authorisation of Local Purchases Bills (MIRO).
2. Passing/Authorisation of Import Purchase Bills (MIRO).
3. Payments Authorization to Local Vendors.
4. Payment to Imported Vendors.(TT/LC/BD)
5. Vendors Outstanding Statement.
6. Vendor Ageing Analysis
7. Clearing Accounts Reconciliations.(GRIR/FRT/CHA).
8. Controlling of Advances to Vendors
9. Vendor Account Reconciliation & settlement of disputed entries.
General Accounting1. Verification of Cash Payments.
2. Controlling of Imprest/Advances to Employees.
3. General Ledger Scrutiny & Correction Voucher Passing if any Mistake.
4. General Accounting & Travelling bills checking as per policy.
5. Clearing Accounts Reconciliations.
6. Bank reconciliation & Passing entries
7. Payroll Accounting
Accounts Receivable-(AR)
1. Reconciliation of Sales with SD Module.
2. Customer Ageing Reports.
3. Daily Outstanding Reports of Customer.
4. Reconciliation of Customers & settlement of Pending entries.
5. Debit/Credit Note issuance.
Preparation & Finalization of Annual Balance Sheet - SAP
1. Scrutiny of Accounts & Finalization of Trial Balance-SAP.
2. Preparation of Balance Sheet & Profit & Loss Accounts as per New Schedule VI.
3. Preparation of Variance against Corresponding year & reason for variances.
4. Preparation of all detailed Schedules of Balance Sheet & PL Accounts & data for
Notes to Accounts.
5. Linkage of Balance Sheet with all Schedules.
6. Settlement of Query raised by Auditors
7. Proper Coordination with Auditors & Finance Team for meeting the Targeted date given
by management.(Auditor-Nipun Khurana & Associates)
8. Physical Verification of Stock with Statutory Auditors & matching with SAP.
Fixed Assets Accounting & Depreciation Calculation (revised)-SAP
1. Opening of Codes in FA for New Assets & Setting of Dep. Key in SAP.
2. Monthly Depreciation Calculation in SAP
3. Physical Verification of Fixed Assets with Chartered Engineer.
Data Provided to Banks & Financial Institutions.-DP/Financials etc.
Authorization Signatory of the Company
Signature of Cheques/RTGS/NEFT & Bank Docs & Docs for Govt Authorities.
Worked as Asstt. Manager (Finance & Accounts) in Samtel Color Ltd since 26th March’1990 to 29th
Feb’12- (22 Years).(Group Turnover of Rs. 1500 crore).
Statutory Auditors - (Price water House)/(SS Kothari Mehta & Co.)
Finance & Accounts:
Daily Cash Flow:
 Preparation of Monthly & Daily Cash Flow for meeting the Plant Requirements.
 Arrangement of Funds from Corporate office for payment of salary & Statutory dues &
General Expense payments/Vendor Payments.
 Funds Availability for timely deposit of statutory dues.
Quarterly, Half Yearly & Annual Audit:
 Preparation /Consolidation of Qtly, Half yearly & Annual Balance Sheet on the SAP Package.
 Consumption reconciliation & Stock Valuation (FG & WIP).
 Variation of Balance Sheet & Statement of Profit & Loss Account corresponding Period.
 Linkage of Balance Sheet with all Schedules.
 Coordination with Statutory Auditors.
 Help & Support providing to the Accounts team in Completion of Audit on targeted time.
 Discussing their queries and giving the suitable replies.
 Fixed Assets Accounting & Depreciation Calculation.
Sales Accounting:-AR
 Daily Outstanding Report to the CEO & CFO & GM -Marketing.
 Supervise the day to day accounting of Receivable.
 Debtors Aging & Outstanding Reports. Customer wise & Group wise Avg. Selling Price.
 Monthly Debtors MIS including Bill wise outstanding Report, Debtors ageing Analysis,
Debtors Statement for Bank Drawing Power Statement.
 Monthly ASP-Product wise duly matched with Books of Accounts.
 Daily issue of Discount Debit & Credit Notes, Freight Outward bill Passing & Payments.
 Scrap Sales and its Credit Control.
 Quantitative control of Finished Stock, Production & Sales and duly matched with Excise
Records-(ER_1).
 Preparation of Hundi /BOE against Letter of Credit and clean bill discounting.
 Customer Ageing.
Vendors /Employee Accounting:-AP-MIRO
 GRIR Control on daily basis.
 Supervise the day to day accounting of payable.
 Coordinate the activities of reconciliation of creditors account with outsourced agencies.
 Payments pertaining to imports, domestic and direct payments, foreign payments.
 Analysis of monthly debit note / credit note, vendor reconciliation.
 Acceptances of Bill of Exchange (CBD & LC Backed) & Verify Vendors Payment.
 Checking of suppliers and contractors bills & ensuring its timely payments.
 Sundry Creditors Ageing & Outstanding Reports.
 Control of Advances given to Vendors.
Sales Tax :- Making of VAT invoice and all paper related to dispatch, preparation of VAT payable
detail and to be deposited, maintain Form-38 register, issuance of form “C” quarterly basis and
receive from customer, preparation of Sales Tax Case and VAT return , preparation of purchase,
prepare sales tax assessment.
Excise & Service Tax: - Preparation of Monthly Statement for taking Service Claim & Depositing the
Service Tax & Filing of Service tax return. Checking of Voucher for Service Tax Claim. Reconciliation
of Excise Duty with Finance & Excise returns & Data preparation for Excise returns.
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COMPUTER PROFICIENCY:
Team Member of SAP Implementation-FICO Module Implementation
10 year working experience in SAP 4.7 & ECC. 6 ERP) (AP/AR/FI/CO) environment-Sept.-2004
onward.
Seven year working experience in Oracle (ERP) environment-1997-2004.
MS Word/MS Excel/Email/Net
DATE OF BIRTH: 14th September 1963
(Hem Chander Sharma)