PRASHANT KUMAR
Mobile: 8802778415   E-Mail: prashantsharma584@gmail.com
ACCOUNTS & FINANCE PROFESSIONAL
CAREER OUTLOOK
Process oriented executive with nearly 6Years & 7Months’ experience in Financial Operations, Accounts,
Auditing, Receivables & Payables, Project Finance, Statutory Compliance, Taxation and MIS across the
tenures.
Last associated with Jindal Aluminium limited,Bangalore as Executive Accounts & MIS exposure in routine
accounts, MIS, designing & implementing internal control systems towards the accomplishment of corporate
business goals.
Understanding in formulating budgets and implementing systems/ procedures, conducting ageing analysis,
preparing key reports to exercise financial control and enhancing overall efficiency of the organisation.
Expertise in tax planning, tax management, tax compliances with respect to Income Tax Act 1961, , Service
Tax, VAT. Adopt in ascertaining needs and goals, streamlining operations and envisioning new concepts. A
keen planner with skills in monitoring core departmental deliverables for completion within established
deadlines.
Areas of multi-faceted strength and qualification include:
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Financial Planning
Budgeting
General Accounting
Receivable Management
Auditing / MIS
Statutory Compliances
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Accounting Functions
MIS
Business Plan
Payables Management
Liaising / Coordination
- Taxation
Strategic Planning & Financial Control
 Performing the key role of validating business plans & commercial strategies for maximising profitability
& revenue generation in line with corporate goals.
 Determining financial objectives and preparing & implementing systems, policies & procedures to
facilitate internal financial control in the areas of pricing, credit and collection.
Accounting Functions
 Preparing & maintaining statutory books of accounts and reconciliation of financial statements in
compliance with the norms as well as ensuring smooth operations of banking process.
 Presenting a true and fair view of the financial position of the company by way of timely preparation of
annual reports ensuring analysing the expenditure on a monthly basis to control expenses.
 preparing, finalising & budgeting financial statements such as balance sheet, profit & loss account.
 Screening & evaluating new projects through preparation of contribution statement & balance sheet
based on assumed parameters.
 Maintaining MIS & reports, evaluating them process.
 Responsible for debit notes and credit notes.
 Lodgement of PCFC documents to bank for availing PCFC & Other work related to PCFC & PSFC
Auditing & Taxation
 Coordinating in complete planning & management activities for ensuring completion of internal &
statutory audits within time.
 Handling the internal audit of the companies including setting up of internal audit systems as well as
monitoring of the implementation of the systems.
 Providing feedback to the Accounts Manager with regular internal audit reports.
 Liaising with statutory & internal auditors.
 Preparing tax plans and ensuring timely assessment and filing of direct & indirect tax returns, TDS,
Income Tax in compliance with Statutory Tax Acts.
 Verifying sales & purchase summary for sales tax return and preparation of set-off working for monthly
& annual VAT return & assessment.
Liaising / Statutory Compliance
 Liaising with various government departments i.e. Sales Tax, Service Tax & Income Tax ensuring
smooth business operations.
 Interfacing with taxation authorities for timely filing of TDS and income tax assessments and filing of
various forms, returns, etc. required under various statutes.
 Providing adherence to companies act as well as preparation of returns / forms under Companies Act.
 Preparing sales tax returns & assistance in excise returns timely as per government act.
ORGANISATIONAL SCAN
Current Employer Profile
Sugal and Damani is having group turnover of more than INR 7000 crores and is in the business of IT,
Leasing & Finance, online services, lottery/gaming solutions, engineering, technical education, real estate,
hospitality and Jewellery.
Pay World's mandate is to provide on line services through electronic terminals include verticals like;
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Prepaid (mobile, Fixed lines, DTH, Internet telephony)
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Bill Collection
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Online Reservation (Railways & Airlines)
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Money Remittance (Yes Bank)
May14-Till date: Sugal & Damani Utility Services Pvt. Ltd.
Sr. Accounts Executive
Key Deliverables:
 Accurate and timely accounting as per accounting principles by strengthening internal control system,
and introducing various forms & report on daily basis..
 TDS deduction & timely deposit of the same as per Income Tax Rule.
 Deposited the service tax in bank on regular period.
 Submission of TDS & Service Tax Return as per the Guidelines.
 Journal/ Bank Receipt/ Payment/Cash Payment /Purchase entry in Tally.
 Co-ordinate to finalize the final accounts duly audited. Managing the preparation and maintenance of
payroll accounts, reconciliation statements, and financial statements.
 Handling Bank related work and Reconciliation.
 Responsible for issuance of Debit Notes & Credit Notes.
 Preparation & Submission of Cash Flow Statement & MIS on timely basis.
Significant Milestones:
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Preparation of MIS on timely basis and send to the all directors for analysing actual profit of the month.
Mar’13-May14: Jindal Aluminium Ltd.
(Excustion Aluminium)
Accounts Executive
Key Deliverables:
 Preparing monthly MIS and weekly cash flows.
 Arrangement of accounts related papers for tender documentation
 Maintenance of Fixed Assets Register & timely reconciliation between books and Register
 Statutory responsibility like TDS & Sales tax monthly returns.
 Co-ordination with Internal & Statutory Auditors
 Preparation of annual balance sheet and profit & loss account independently.
 Receiving, recording and processing all vendor payments, reconciliation & customer receivable follow
ups
Significant Milestones:
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Arranging bank guarantee and related papers for tender documentation without delay
July’11-Mar’13: Nimbus Motors Private Ltd.,
(Authorized Dealer of Hyundai)
Accounts Executive & internal Adutor
Key Deliverables:
 Recording all accounting transactions viz., bank, cash, sales, and purchase and Journal entries.
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Auditing the accounts and handling revenue accounting.
Scrutiny of Trial balance – interpretation and usefulness - Monthly basis
Executing the overall accounting control in adherence to statutory compliances.
Monthly variance analysis
Handled large volume of reimbursements.
Maintenance of Fixed assets register and preparation of fixed assets schedules for balance sheet for
yearly and half yearly
Liaising with ESI & PF inspectors in connection with books of accounts
Involving in preparation of Balance sheet, P & L with superiors.
Responsibility of month end closing entries viz., P & L, balance sheet entries.
Liaising with statutory auditors for tax audit and statutory auditors.
Bank & Interest charges analysis on monthly basis.
Recording of Cash, Bank, Sales, Purchase under computerized environment Tally ERP
Significant Milestones:
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Handled successfully ESI case which was pending from past years without paying any kind of amount.
July-07-July11: Ace Hardware Private. Ltd.
(Export of Brass Hardware)
Accounts Executive
Key Deliverables:
 Recording of Cash, Bank, Sales, Purchase under computerized environment ERP
 Preparation of Bank & Inter co., reconciliation on monthly basis
 Accounts up to trial balance stage
 Involvement in sales tax & profession tax assessment.
 Taking care of audit related queries in co-ordination with auditors for the finalization of books of
accounts
ACADEMIC CREDENTIALS
M.Com from CCS University
B.Com from CCS University
PROFESSIONAL ENHANCEMENTS
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Diploma in Industrial Accounting from GTI Ghaziabad.
Diploma in Computer Application from ANIT Ghaziabad
COMPUTER SKILLS
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Microsoft Excel, Word & PowerPoint
ERP accounting package
PERSONAL SNIPPETS
Date of Birth
Languages Known
Address
Location Preference
Marital Status
Hobbies
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10th March 1987
English, Hindi,
H.No-87,Ghukna More , Ghaziabad
Any Where in India
Married
Reading Magazines, Novels & Listening songs
I hereby declare that the above mentioned details are true & fair to the best of knowledge and belief.
(Prashant Kumar )