Baldev Parashar

Accountable for the accounting operations of the company, to include the production of periodic financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company's reported financial results, and ensure that reported results comply with generally accepted accounting principles or international financial reporting standards. Management 1. Maintain a documented system of accounting policies and procedures 2. Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives 3. Oversee the accounting operations of subsidiary corporations, especially their control systems, transaction-processing operations, and policies and procedures. Transactions 1. Ensure that accounts payable are paid in a timely manner 2. Ensure that all reasonable discounts are taken on accounts payable 3. Ensure that accounts receivable are collected promptly 4. Maintain the chart of accounts 5. Maintain a system of controls over accounting transactions Reporting 1. Issue timely and complete financial statements 2. Coordinate the preparation of the corporate annual report 3. Recommend benchmarks against which to measure the performance of company operations 4. Calculate and issue financial and operating metrics 5. Manage the production of the annual budget and forecasts 6. Calculate variances from the budget and report significant issues to management 7. Provide for a system of management cost reports 8. Provide financial analyses as needed, in particular for capital investments, pricing decisions, and contract negotiations Compliance 1. Coordinate the provision of information to external auditors for the annual audit 2. Monitor debt levels and compliance with debt covenants 3. Comply with local, state, and federal government reporting requirements and tax filings

Worked with M/s Artlite Illumination Pvt. Ltd. KHASRA No 452A, Neb Sarai, New Delhi 11008 as Sr. Manager Accounts & Finance reporting to Managing Director. The company is a manufacturer & Trader of Decorative Lights with INR 140 crore turnovers operating in all over India. JOB PROFILE A. Inventory • Coordinate physical inventory counts • Validate the cost of goods sold as part of the month -end-close • Work on obsolete and slow moving inventory B. Analysis • Conduct ongoing process and analyses the cost structure/ groupings etc of manufacturing operations cost centre wise. • Report on periodic variances and causes, focusing in particular on spending variances C. Accounting & Management Function • Manage the day to day accounting /Transaction Team. • Responsible to time and accurately booking of all expenses in time, • Perform monthly Physical Closing Stock & review of Insurance in all aspect. • Handle independently all Audits and Finalisation of Balance Sheet. • Perform monthly MIS, budget, reporting, analysis and cost saving. • Assist in the Top Management to develop pricing strategy and build revenue models • Preparing CMA data & Stock statement for Bank. • Checking of payroll and responsible for distribute salary on time. • Ensure compliance with all statutory and regulatory requirements such as PF, ESI, LWF, Social Security etc. • Review and improve systems and procedures to increase efficiency and effectiveness • Liaise with Bank, external professional, consultants and various support business units D. Technical Function Direct Tax • Income Tax – Responsible for evaluating and finalization of Tax Audit details and get it audited from the Auditors. • TDS - Filling all TDS returns and getting finalization the Assessment thereof. Indirect Tax • Sales Tax – Responsible for getting finalization of the regular assessments under CST, VAT, in the related states and dealing all relevant sales tax matters.

• Manage the day to day accounting /Transaction Team. • Responsible to time and accurately booking of all expenses in time, • Perform monthly Physical Closing Stock, Fixed Assets Control & review of Insurance in all aspect. • Handle independently all Audits , Finalisation of Balance Sheet and Year end activities ( such as TDS, Income Tax return, Sales Tax / Vat Return , Excise & Service Tax Return) • Perform monthly MIS, budget, forecast, reporting, analysis and cost saving. • Assist in the Top Management to develop pricing strategy and build revenue models • Prepare Periodic Cash Flows and monitor the working capital need. • Checking of payroll and responsible for distribute salary on time. • Ensure compliance with all statutory and regulatory requirements such as PF, ESI, LWF. • Review and improve systems and procedures to increase efficiency and effectiveness • Liaise with Bank, external professional, consultants and various support business units • Group Reporting and Consolidation

• Controlling Accounts of Head Office & Four Branches - Delhi, Bombay, Pune & Nagpur. • Internal Audit • MIS Reporting • Lead & manage a team of branch accountants. • Preparation, Managing and coordinating with Statutory Auditor.

Graduation