RAKESH KUMAR k.rakesh0604@gmail.com Delhi (M): 91-9871852596 Professional Summary Rich 9 years of extensive experience in Finance & Accounts in the Consulting Sector Managed overall financial accounting operations for the organization including payments, revenue, cost, receivables, deposits, disbursements, and fixed assets Informing stakeholder, teams, management about the upcoming laws and implementing the upcoming laws and helped in its adoption and awareness in timely manner which resulted to the company. Good inter personal, presentation, communication, management and client relationship skills. Capability of taking initiatives, along with owner ship and leadership qualities. Ability to operate under stress and demanding expectations. Being a part of middle or senior management team. Leadership quality and ability to develop motivate team of accounts personnel and other staff. Academic Highlights MBA in Finance from KSOU University 2013-2016 PGD in Taxation, from IMT-Ghaziabad, 2010-2011. B.Com (P), from D.U., Delhi 2005 2009. XII, Commerce Stream, from C.B.S.E., Delhi 2004 2005. Areas of Expertise Accounts Handling statutory books of accounts, reconciliation statements and financial statements in compliance with time and accuracy norms. Managing Accounts Receivables / Payables function with a view to ensure timely receipts / payments from / to outside parties; conducting debtor & creditor reconciliation statements. Budgeting & MIS Formulating budgets and conducting variance analysis to determine difference between projected & actual results and implementing corrective actions. Preparing MIS reports to provide feedback to top management on financial performance, viz, fund management, cash flow, credit control, profitability, etc. Audits, Taxation & Statutory Compliance Coordinating with auditors for conducting audits to ensure that accounts RAKESH KUMAR Page 1
prepared and implementing necessary recommendations, if any. Ensuring timely assessment and filing TDS returns as per the provisions of regulatory tax acts. Ensure timely payment of service tax filling of service tax return, avail and utilization Cenvat. Work Experience - More than 9 years of experience in Reporting, Accounting, Audit and Compliances: Tenure Organization Designation Apr 16 - Present KOINDO Trading Pvt. Ltd., And Manager Accounts M S Distributors Pvt. Ltd. Nov 12- Apr 16 ERM India Private Limited Sr. Accounts Executive Jan 08 - Aug 12 NTL Logistics Plus India Pvt. Ltd. Sr. Accounts Executive Career Highlights Apr 16 - Present Koindo Trading Private Limited As a Manager Accounts Role: Planning and executing monthly / quarterly / annual closure schedules, providing monthly MIS & Budget vs. Actual Report; supervised monthly reconciliations with Bank, Vendors, Debtors, and GL Ensuring reclassification and accounting of wrong or unaccounted entries prior to closure of the General Ledger Finalization of Financials according revised Company Law Coordination with Auditors Payroll Management Systematic payments and collections of AR and AP for respective dues Compliances with Income Tax, TDS Returns, Service Tax and DVAT and CST, calculation, deposit of respective tax and filling them with respective departments Handling Scrutinise of respective departments Monitored all purchase and expense accruals that had aged more than 180 days and ensured timely reversal of over accruals Established a system for reporting Done the reconciliation of all respective AR and AP and provided the actual picture of respective Nov 12- Apr 16 ERM India Private Limited As a Senior Executive Finance Role: Maintaining books of accounts as per IGAAP. RAKESH KUMAR Page 2
Month end close variance analysis as per forecast and actual. Preparation of Financial and coordination with auditors as per IGAAP. Handling all the Intercompany/Group Transaction and Intercompany Reconciliation. Making the details for Transfer Pricing for study and respective compliance thereon. Compilation of Income Tax Return, uploading on IT portal. Making the comparison between Accounting Software and Form 26 AS. Checking proper TDS deduction under various provisions from the books of accounts and filling the return. Documentation for foreign remittances with respect to withholding tax compliance, uploading 15CB forms on IT portal. Coordination with tax consultants for all the running tax assessment. Handling 170 employee s a/c of India Region including Group/APAC employee s related issue, reimbursement claim. Handling AP and AR reconciliation and payments. Ensure that all the cost should be booked in proper cost centre. Overall full control on General ledger section. Supervision of Accounts. Checking and review of bank reconciliations. Gathering information from branches. Complied with company law provisions - holding of AGM, EGM & Board meetings. Maintaining Board Meeting, General Meeting Minutes and other statutory records under Companies Act 2013. Preparation and filing of ROC Returns for filing annual financials, returns, Changes in directors, change in registered office, etc. As per new Companies Act, 2013. Company registration in accordance to industry relevant laws like Service Tax, IEC, Professional Tax, PF, ESI, Shop Establishment, Trade Licenses, etc. and amendments thereto from time to time. Employee of the month Managing important KPI's was a part of cultural activities. Had a very successful performance appraisal. Responsible for handling Group Expenses Slashed payroll/benefits administration costs by negotiating pricing and fees, while ensuring the continuation and enhancements of services. Helped in setup the new branches in Kolkata and Ahmadabad for Admin related work and Induction to new joiners towards claim of expenses and settlement of thereon. Got registered in very short of time with legal departments of Ahmadabad and Kolkata Jan 08-Aug 12 NTL Logistics Plus India Private Limited as a Sr. Accounts Executive RAKESH KUMAR Page 3
Management Reporting: Preparing financial reports by extracting Data from Accounting Software (Tally) and Operations Software (Operational Data & invoicing),. Comparative analysis of data derived to ensure qualitative & quantitative data to Management. Assisting senior management with report making which are sent to head office at Japan i.e. MIS (Monthly, Quarterly, and Half Yearly & Annually), query s in MIS, Segment Report, Overdue Debtors detail etc. Branch/ sales team/ customer wise, revenue and margin analysis. Job profitability analysis. Indirect Tax (Service Tax): Total compliance with respect to Service Tax. Compilation of Service Tax Return, uploading on ACES portal. Compilation of Cenvat credit register, checking convertibility of vendor bills. Calculating monthly service tax liability and having it deposited it by due date. Reconciliation of financials with service tax returns. Preparing details for service tax audit and scrutiny. Direct Tax (Income Tax): Total compliance with respect to Income Tax. Preparing Computation of Income Tax. Preparing charts and details with respect to Depreciation as per Income Tax and other details necessary for the computation. Compilation of Income Tax Return, uploading on IT portal. Preparing details for income tax scrutiny. Transfer Pricing: Making the details for Transfer Pricing. TDS Receivable Chart: Making the comparison between Physical Certificates, Accounting Software and Form 26 AS. TDS Compliance: checking proper TDS deduction under various provisions from the books of accounts. Calculating monthly TDS liability and having it deposited it by due date. Compiling TDS Return in software and its filing on timely basis. Issuance of TDS certificates on timely basis. Documentation for foreign remittances with respect to withholding tax compliance, uploading 15CB forms on IT portal. Secretarial: Preparation and filing of ROC Returns for filing annual financials, returns, Changes in directors, change in registered office, etc. RAKESH KUMAR Page 4
Registrations: Company registration in accordance to industry relevant laws like Service Tax, VAT, IEC, Port, Customs, Shop Establishment, Trade Licenses, etc. and amendments thereto from time to time. Audit/ financials: Preparing financials in Indian GAAP Format (revised Schedule VI). Preparing details, schedules, notes for statutory/ tax audit purposes. Circulation of letters for AR/ AP confirmation. Group/Related Party transactions and balances. Segmental data. Fixed Assets Register: Making Monthly, Quarterly, Half Yearly & Annually. Fixed Assets Chart as per Companies Act & Income Tax Act. Recover the long dues amount from Hero Honda Motors Ltd, GE India Pvt. Ltd, GE Motors India Pvt. Ltd. etc. by reconciling the account from beginning. Prepared the require documentation for making presentation for Finance Controller to Naigai Trans Lines ltd for merger. Leaded the team of 7 people. Developed the accounting system (Software) and given the training to colleagues, according desired report as per Law and Naigai Trans Line Ltd. like segment reporting. Software Exposure Tally (excellent command) MS-Office (Excel, Word, excellent command) Windows, Internet Web E TDS for TDS Personal Dossier Date of Birth: 6th April 1988 Linguistic Abilities: English, Hindi References: Professional/ Personal references can be provided on request RAKESH KUMAR Page 5