Sunilkumar Panchal

Experience

• 

  Kotak Logistics

  Sept 2013 - May 2014

  Account Assistant

  Creating sales invoices and delivery challans.Recording entries for sales, purchases, cash transactions, and journals. Managing petty cash transactions.Creating TDS payable statements and processing TDS payments. Compiling and disbursing employee salaries.Performing monthly bank reconciliation.Carrying out banking operations involving payments and collections. Facilitating coordination with the auditor to conduct the audit process

• 

  Lincoln Pharmaceuticals Ltd

  Jun 2014 - May 2015

  Officer of accounts and finance

  Collecting monthly payments from medical representatives and generating a report for the same. Generating monthly meeting data.Creating a report or compiling data related to monthly meetings. Generating an MIS (Management Information System) report.Reviewing and approving the Goods Receive Note (GRN) and the Material Inward Register. Authorizing a credit note issuance.Authorizing the adjustment of goods price discounts in accordance with the invoice. Facilitating coordination with the auditor to conduct the audit. Show less

• 

  Sarabhai foundation

  Jun 2015 - Oct 2018

  Accountant

  Keeping track of overall financial records, individual customer records, records of sales transactions, records of purchase transactions, and maintaining a comprehensive log.Performing daily financial tasks related to party payments and banking operations.The process of comparing and balancing the bank statement with the company's financial records. Managing and controlling the handling of petty cash funds.Thoroughly examining and reviewing ledger accounts for accuracy and completeness. Generating data and information for monthly meetings.Preparing a management information system (MIS) report for the annual meeting, as well as developing yearly and monthly financial budgets.Initiating international payments by completing necessary documentation such as generating Form 15CA, A2 Form, and corresponding with the bank for payment processing.GST Payment through the GST PortalGST Return process, including activities such as filing GSTR-3B, uploading GSTR-1, and verifying GSTR-2. Electronic Way-Bill for Goods and Services Tax (GST eWay Bill)Payment of Tax Deducted at Source (TDS) through Kitret Software/Genius Software.Filing of Tax Deducted at Source (TDS) Return, including the process of downloading Form 16 and 16A.Filing of Income Tax Return for various entities such as individuals, companies, trusts, etc., including the process of downloading Form 26AS.Dealing with Income Tax Notice and other types of notifications or communication from the tax authorities. Show less

• 

  IMS Group

  Nov 2018 - now

  Timely creation of financial statements to ensure internal control and facilitate reporting to the parent company. Voucher Verification, Purchase Order Prepare, vendor payment process on time.Preparation of bank reconciliation statements and reporting to management, including fund analysis. Conducting regular ledger scrutiny to enhance financial and accounting control.Facilitating foreign payments by generating necessary documents such as 15CA, A2 Form, and corresponding with the bank for payment.Handling monthly TDS payments and filing returns, including the download of Form 16 and 16A. Managing TDS notices received from the CPC department.Managing income tax notices and other related notices, including the filing of income tax returns.Creating and maintaining a monthly Management Information System (MIS) and conducting discussions with senior management regarding its contents.Reviewing, preparing, and analysing reports as requested by senior management.Ensuring proper monitoring and accurate accounting of all company assets, conducting monthly reconciliation between the general ledger and the assets register, and booking depreciation in accordance with IFRS.Managing project expenses related to the expansion of the company.Booking and executing forward contracts, including the preparation of hedging analysis and submitting quarterly documents to the bank for confirmation of foreign exchange (FX) limits.Recording prepayments of expenses and making provisions for expenses in accordance with IFRS guidelines, while also maintaining relevant documentation and records.Managing GST payments and filing returns, including the preparation of GSTR1 and GSTR3B, downloading reconciliation statements, and reconciling them with the company's books of account.Calculating client commissions and coordinating with clients for the distribution of commission payments. Preparing incentives based on predefined targets and facilitating their distribution. Show less

  • Assistant Manager

    Jul 2023 - now

  • Senior Account Executive

    Jun 2019 - Jun 2023

  • Account Executive

    Nov 2018 - Jun 2019