Deepak Kumar Jain

Experience

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  N Narsimhan & Associates

  May 2000 - Oct 2003

  Audit Manager

   Legal and Statutory Compliances, Internal audits, Reports and Compliances,  Monitor Accounts Receivables and Payables, Setting up of Internal Systems, Process and controls Heading Taxation of the clients.  Budgeting and Monitoring Forecasting, Feasibility Study and Analysis,  Process Formulation & doing Audits.

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  Inabensa Bharat Private Limited (A Spanish MNC engaged in construction of Power Transmission Project

  Nov 2003 - Aug 2016

  Head (Accounts , Finance & Taxation)

  Inabensa Bharat Private Limited is a subsidiary of Instalaciones Inabensa S.A. (a group company of Abengoa Spain) and engaged in Manufacturing of transmission lines towers, Solar Panel Structure, services in respect of construction/ erection of high voltage electric transmission lines / towers, Railway Electrification and trading of equipment & components used in power industry. (Turnover – 400 Cr) Overall responsibility of Finance, Accounts, MIS, Tax, Internal Audit, Analysis, Procurement, Payable and Receivables Management, Inventory and other Finance/Accounts related operations Engaged in Business Process Integration, set up Finance and Accounting functions for the entire Manufacturing Unit involving - Project Capitalization, Expense and Revenue Accounting, Budgeting, Cash/Funds Flow & Bank Reconciliation Statements, Financial Statements (P&L< Cash Flow & Balance Sheet).Key Achievements: Setting up the entire Manufacturing Plant Entered in the business of Railway Electrification Entered in concessionaire project of Power Transmission First foreign company Setting up Credit facility from Local banks  Approval from Reserve Bank for allotment of equity against Acquisition price paid to Power Finance Corporation. Approval from Reserve Bank for keep share application money in share capital.Fund Raising Activities :  In Inabensa (Delhi) USD 14 Million Loan was taken from IFC (World Bank)  Fund based and non-fund fund based facility was taken from HSBC Bank and Axis Bank on the basis of Corporate Guarantee of foreign Company. Show less

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  JMC Projects Ltd.(Subsidiary of Kalpataru Power Transmission Ltd.)

  Sept 2016 - Jan 2018

  Commercial Head and General Manager (Accounts and Finance)

  JMC Projects is a renowned construction company under Kalpataru Group, a reputed transnational conglomerate, with transnational operations in developing civil infrastructure projects. Group Turnover - 3000 Cr  Handling Road Construction and other Infrastructure Projects (Division Turnover – 200 Cr) Preparation and Analysis of Financial Statement i.e. Balance Sheet, Profit & Loss A/c, Cash Flow Statement as per Statutory Requirements. Account Receivables, Payables & Credit Control Functions Preparing Debtors Reconciliation & Following up for Accounts Receivables, conducting ageing analysis with an aim to keep receivables under control and collections of payments. Timely compliance with all regulatory Sales Tax, Service Tax, WCT, TDS, Income Tax including tax payment, preparation & filling of returns, collection of forms, maintenance of tax records, appeals, assessment etc. Coordination with Finance team (in Delhi) for fund raising. Preparing Accounting Records, Financial Statements, Financial Planning & Analysis, Budgeting, Forecasting, Trend & Ratio analysis, Actual Vs Budgeted Variance Analysis & Reporting to key Person. Co-ordinate with the Statutory Auditor of the Company for smooth Audit and Finalization of the Yearly Accounts of the Company in compliance with the Relevant International Accounting standards and other accounting regulations. Monitoring foreign currency market for currency fluctuation, Leading & assisting in Physical Inventory and Physical to actual stock on monthly and annual basisKey Achievements: Clearances of VAT refund in Ethiopia for last 3 years and implement the system for claiming it on quarterly basis. Negotiation of Cement and fuel cost and take credit terms from local vendors for improvement of cash flow. Controlling of Inventory and fix reorder level for High Value stock Items like cement/ Steel/ Fuel. Shorten the period of collection of receivables. Show less

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  Essel Infra Power Transmission division

  Jan 2018 - now

  General Manager (Accounts And Finance)

   Handling 4 Power Projects  Finalization of Accounts  Preparation of Monthly MIS, budgeting, variance analysis and discussion with top management. Preparation of consolidated Annual operational budget for approval.  Monthly cash flow statement and working capital management. Coordination with bankers for working capital Work along with due diligence team and arrange the information from various department on data room