Vikramjeet Kumar
Senior Manager-Finance and Accounts,Achievement-Driven Professional offering nearly 14 years of rich experience in steering overall finance operations and taxation for the organization including collections,contract compliance, Receivables, Deposits, Payouts, Payroll, fixed assets, Bank reconciliations, account and partners reconciliations.
Successfully worked on Fixed Assets Accounting System to monitor and maintain all fixed assets and depreciation expenses
Expertise in planning, analysis and controlling of B2B Enterprise Business Revenue Division ILD AND NLD. (Accounts Receivable) and Order to Cash (02C).
Performed analysis and reconciliations of balance sheet items and income statement accounts on monthly, quarterly and yearly basis
Supervised daily Accounts Payable (AP) processes and clerks; managed vendor relations as well as timely and accurate processing of invoices, purchase orders, expense reports, credit memos and payment transactions.
| Last Resume Update | January 11, 2019 |
| Address | Gurgaon, India |
| hvjkumar@gmail.com | |
| Phone Number | +91-9911937375 |
Experience
Senior Manager Finance and Accounts
Key Result Areas:
Streamlining all P2P-fixed asset and taxation activities
Managing entire accounts payable- fixed asset and taxation function at Head Office in Gurugram
Steering cash flow towards requirement of funds and its subsequent utilisation
Conducting all monthly review of adjustment journal entries –accrual, deferral and provisions, open purchase orders, creditors outstanding & its ageing inclusive of debit balances, FA additions, deletions, CWIP, and inventory in stores, statutory liability like GST, TDS, PF /ESI
Playing a key role monthly, quarterly and yearly finalisation of books of accounts.
Presenting variance reasons for movement in ledgers accounts related to accounts payable, fixed assets & taxation
Resolving all queries from Revenue Department related to TDS matters and assessment orders
Working on various kinds of MIS and reporting the same to senior management
Liaising with various teams such as internal audit, statutory audit & tax audit
Ensuring all intercompany reconciliations and balance confirmations
Supervising payroll cost of approx. 1000 employees to ensure its correctness wrt function, area and related compliances
Highlights:
Ensured that the Accounts Payable Team replied to all queries in a timely manner and that all queries were dealt correctly and efficiently
Monthly Closing of Books of accounts and quarterly and annual audit exposure in handling audit from Big 4 firms
Ensured documentation of various kinds of MIS and presented to Senior Management
Maintained adherence to corporate, accounting and GAAP standards; addressed escalated Accounts Payable issues raised by employees and vendors; ensured accurate and compliant files and records in line with company policies and government regulations
Senior Manager - R2R Revenue of Enterprise Business -B2B
Key Result Areas:
Reviewed and accelerated the month-end closing process, provided timely and accurate reports
Assessed all national and international operators (NLD and ILD Division) billed and unbilled revenue and expenses
Presented:
o Inputs to Financial Planning Team for Enterprise Business Segment-ILD and NLD revenue and reasons for variations projection vs actual
o Projection for provision for doubtful debt and reasons of variances if any actual vs. projection
Conducted variance analysis of P&L and balance sheet items, reviewed all revenue and expense (actual vs. projection), debtors and creditors, accrual and provisions of ILD and NLD Division and foreign bank reconciliation
Ensured that revenue and cost invoice is booked on time and within the specified SLA after due validation & comparison with Telerix Billing Report
Steered validation of Net settlement sheets reflecting foreign payments (i.e net receivable/payable position) for weekly, fortnightly & monthly operator settlements
Made payments to foreign operators along with necessary compliance documents like Tax Residency certificate, Form-A2, Form 15 CA-CB and FEMA Declaration
Formulated DOT recommended schedules in compliance of DOT pass-through document
Ensured timely submission of audit schedules in desired template, reporting to corporate finance and closure of audit issues with Audit Team
Prepared GST returns such as giving complete details of Billing and GST Return, gave details of purchase and year end TDS Provisions
Worked for getting Lower Tax Deduction Certificate (LTDC) from Income Tax Dept.
Reconciliation of TDS Receivable VS 26AS and related accounting effect
Manager - Capex and Accounts Payable
Highlights:
Liaised with all Finance SPOC at circle for the necessary inputs related to fixed assets process including Movement and Physical verification
Executed monthly closure of FA for all 6 circles like Kolkata, West Bengal, Kerala, Tamil Nadu Karnataka and UP West
Liaised with SAP Team for the development of report named PPE schedule which has served the needs of all units of Sistema Shyam. PPE is one of statutory reporting requirement which is part of SOFP means Statement of Financial Position
Played a key role in saving at least one day man hour
Education
MBA / PGDM
Financial Management
Certified Accounting Technician
Accounts and Taxation
Bachelor of Commerce
Finace and Accounts