CA Gaurav Kumar

Experience

• 

  Virmani & Associates

  Apr 2001 - Apr 2002

  Audit Assistant

  Statutory Audit, Tax Audit, Income Tax returns filling, Internal Audit, capitalization assignments

• 

  Precious Hospitality & Leisure Pvt Ltd

  Oct 2002 - Jan 2006

  Assistant Account Manager

  - Compilation of final accounts and Balance Sheet according to Accounting Standards and Indian GAAP and liasoning with Auditors- Constant review of internal control system in the organization- Liaison with statutory auditors as well as internal auditors- Preparing daily, weekly and monthly MIS- Preparing yearly budget in consultation with operational and sales team- Leading team

• 

  Sahara India Commercial Corporation Ltd(Ambey Valley)

  Jan 2006 - Apr 2006

  Account Manager

  Setting up accounting procedures for Sahara Care House

• 

  Ansal Colonisers and Developers Pvt Ltd

  Apr 2006 - Sept 2010

  General Manager Finance

  The company is a real estate developer and has developed residential townships in Bikaner (100 Acres) and Bhilwara (150 Acres). Role:- Overall supervision of Accounts & Finance department- Budgeting, Forecasting and Variance Analysis at both unit and group level- Ensure Timely Statutory and Internal Audits- Ensure the Identification, Setting Up and Maintenance of Processes that promote Financial, Cost and Management Accounting on a timely basis with a strong level of integrity to ensure compliance to Local accounting and finance standards.- Ensure Secretarial and Legal Compliance- Team Management- Finalisation of various agreements relating to the real estate projects, e.g. Joint Development Agreement, Collaboration Agreements, Construction Agreements, MOU etc.- Evaluation of projects at initial level including feasibility study and revenue projections. Show less

• 

  Ambience Hospitality Management Pvt Ltd

  Oct 2010 - now

  VP - Finance

  The Company is part of The Three Sisters Institutional Office (TTSIO Group) which has presence over diversified business including education, hospitality, retail, media, logistics, financing, sports, co-working, infrastructure etc. The Company is running best private club in Gurgaon under the name “The Palms – Town & Country Club”. Besides the above company, also working as part of family office and taking care of investment made by group into retail, hospitality and media business.Role:- Ensuring timely preparation and finalization of annual accounts as per Accounting Standards and IndAS- Overall supervision of finance and accounts department and reporting to management- Periodic review of financial procedures and standard operating procedures to ensure internal checks & control and timely flow of information to management- Preparation of yearly budget of company including subsidiaries and associate companies- Ensuring timely closure of monthly accounts- Timely delivery of weekly and monthly MIS to management- Analysis of MIS with Budget and trend analysis- Ensuring compliance with indirect taxation laws including GST and VAT- Handling Regular assessment under Income Tax Act- Ensuring compliance of taxation and disclosure requirement related to overseas investments- Co-ordination with statutory auditors for timely execution of audits- Liaison with banks for project loan, overdraft limits and loan against property.- Liaison with government authorities for change of land use, project approval, NOCs etc.- Completed acquisition of a running hotel including due diligence, feasibility study, finalizing share purchase agreement, shareholders agreement, transaction structuring, taxation compliance, ODI compliance etc- Independently completed sale of business in India including complying with due diligence process of buyer, negotiating share purchase agreements, legal and taxation compliance etc. Show less