CA Pankaj Kumar Singh

Experience

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  R. P. Arora & Co.

  Jan 2009 - Jan 2012

  Audit Assistant

  • Statutory Audit, Internal Audit, Tax Audit of Companies and Banks;• Preparation and filling of Income Tax Returns of Co., Partnership Firms, and Individuals; • Statutory compliances of Income Tax, Excise, Service Tax, VAT, PF, ESI;• Assistance in Income Tax Appeal matters;• Preparation and filing of TDS return;• Understanding audit requirements, observing & validating process for following quality procedures.• Giving recommendations on internal control and process improvement. Show less

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  Avantha Business Solutions Limited and Avantha Business Solutions Inc. USA.

  Mar 2012 - Apr 2015

  Assistante Manager - Finance & Accounts

  Role : Assistant Manager - Finance and AccountsTaxation• Computation, payment and filling of various returns - Service Tax, TDS, Advance Tax, Income Tax, Sales Tax and CENVAT credit register. Service Tax Audit;• Companies Act – XBRL & Annual Return filing, Creation/Modification of charges;• Statutory compliances of Software Technology Park of India;• RBI - Preparation and filing of Annual Progress Report and Annual Return of Foreign Liabilities and Assets;• Tax Audit Report, Preparation and facilitating the information (FAR, 3CEB, Study report) for Transfer Pricing;• Foreign inward /outward remittances, Bank Remittance Certificate, Preparation and filing of various form of income tax of India.Accounting and Budgeting• Preparation of Financials Statement as per Companies Act 2013;• Accounting of deferred revenue, prepaid expenses, monthly depreciation as per Companies Act 2013 and exchange fluctuation;• Assist in preparation of Annual Operating Plan (Budget) and presentation for Board meeting;Banking and others• Liaising with Banks for funding and enhancement of CC Limit. Ensuring Bank compliances like submission of Monthly Stock/DP statement, Softex and BRC;• Discounting of export invoices, Liquidation of discounted Invoices. Utilization of pre and post shipment credit facility;• Hedging of foreign currency, FD management, Exposure in overseas investment in the USA and Due Diligence.Selected Achievements,Employees of the months, Quarter;Successful completion of Service Tax Audit for 5 years;Implementation of All compliances of STPI and Companies Act 2013. Show less

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  Fiber Plus LLC

  Apr 2015 - Aug 2017

  Manager - Finance & Accounts

  • Preparation & finalization of Financial Reports, Execution and completion of annual audit of Financial Reports by the external auditors. • Liaising with external auditors for semi-annual/annual financial accounts audit.• Liaison with banks for online payments/receipts, handling all banking matters & bank reconciliation on monthly basis.• Preparation and presentation of monthly MIS and analyzing actual result, variances of revenue and expenses as actual vs budget, Product wise and gross contribution analysis;• Preparation of standalone and consolidated financial statement and finalization of books with external auditor (Crow Mak);• Preparation and presentation of Annual operating plans (Budgets) and quarterly forecasting;• Review of receivables and payable ageing reports, oversee cash flow projections of the group to control payment and collection schedule to achieve efficiency in working capital management;• Liaising with Banks for day to day operations, CMA data, stock statement and trade finance like LC opening, discounting / encashment of LC, cheques and invoices etc.;• Preparation and accounting of Wages and Salaries paid to employees in factory and head office;Key Achievements:1. Performing the analytical review of financial and accounting matters;2. Implementation of internal control system within department and organisation and reductions in process time and cost ;3. Process Defining, Implementation and Review; Show less

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  Al Nasser Properties LLC

  Aug 2017 - Nov 2022

  Chief Accountant

  • Supervision of accounting records by reviewing, validating & approving daily transactions in GL, AP, AR, Inventory & Fixed Assets modules using ORACLE Financial Version 12i• Liaison with banks for day to day banking transactions and supervision of reconciliations of bank accounts.• Supervision of sub-contractors/suppliers monthly aging and release of due payments on a monthly basis based on funds availability.• Supervision of Receivables from projects based on work completion and as per agreed term of the contract.• Finalization of Financial Statements along with relevant notes & schedules on a quarterly basis. • Reviewing calculations of monthly payroll under WPS, overtime calculations, annual leave salaries and final settlements according to UAE Labor Laws. • Regularly reviewing and improving existing policies & controls of companies.• Preparation of monthly and adhoc reports for management.• Calculation of VAT Payable/Refund and verification of data uploaded on FTA Portal for the VAT return and final payment of the VAT due.Key Achievements:• Implementation of VAT compliances in UAE across real estate & hospitality segments, Registration of Tax Group - 2018, Successfully completion of VAT audit, Refund of VAT input for UAE National.• ESR Assessment and Reporting for Real Estate Group Companies• UBO Reporting for all Real Estate Group Companies Show less

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  Ali & Sons Real Estate

  Dec 2022 - now

  Finance Manager

  • Financial Planning: Develop and maintain financial policies and procedures to ensure regulatory compliance and best practices.• Budgeting and Forecasting: Create and monitor annual budgets and forecasts, providing regular updates to senior management.• Financial Reporting: Prepare and present comprehensive financial reports, including profit and loss statements, balance sheets and cash flow statements.• Cash Flow Management: Oversee the company's cash flow, ensuring proper allocation and investment of funds.• Risk Management: Manage risk through insurance, hedging and other financial instruments, ensuring the company's financial stability.• Cross-functional Collaboration: Collaborate with other departments to align financial goals with overall business objectives and drive growth.• Financial Strategy: Develop and implement financial strategies to support growth and profitability, driving the company's financial success.• Analyzes revenue, expenses, cash flows, and balance sheets to optimize profitability and transparency.• Executes revisions and updates to procedures, policies, and systems to facilitate the expansion and scaling of the business and increase transparency and compliance.• Developing strategies that work to minimise financial risk• Use data-driven analysis and insight to support the Business Partner for Operations.• Drive continuous improvement and identify opportunities for process efficiency and optimization.• Coordinate strategic financial planning for the company, including expenses, income, insurance coverage, objectives, tax status, and risk tolerance.• Development and implementation of Oracle software for operation and accounts department. Show less