Mohit Kumar Email & Phone Number
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Mohit Kumar is listed as Lead-Treasury Banking and Finance Transformation at PDS Limited, based in Kowloon, Hong Kong Sar, Hong Kong. AeroLeads shows a matched LinkedIn profile for Mohit Kumar.
Mohit Kumar previously worked as Lead-Treasury Banking & Finance Transformation at Pds Limited and Executive Committee Member-ICAI Hong Kong Chapter at The Institute Of Chartered Accountants Of India. Mohit Kumar holds Cpa-Certified Public Accountant Australia, Accounting And Finance, A from Cpa Australia.
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About Mohit Kumar
Being a qualified Chartered Certified Accountant, I bring 15+ years of gratifying experience in Treasury, Banking, finance and operational roles with reputable and multi-million dollar companies in Hong Kong as well as Abroad in the Textile & FMCG industry. My competent measures and strategies lead to substantial long-lasting business impact for Banking Relationship, financial accounting & reporting, treasury management & corporate finance, and performance management & strategic planning.While meeting multiple critical goals for business growth, I have been expertly carrying out strategic analysis, feasibility studies, and investment strategy formulation. Handling account management processes in strict compliance with statutory, legal, and internal metrics, have been my strong contribution.With an in-depth understanding of detailed accounting & financial principles and practices, I maintain a continuous focus on delivering effective change in order to achieve results and maintain competitiveness. My experience entails strict management of credit policy, procedures, and relentless efforts on a collection of overdue amounts. It has been my credential to successfully file statutory financial reports with regulatory institutions e.g. Securities Exchange Commission.While leveraging best practices, I have exhibited the skills in finding innovative means to fund the financial needs of the organization at difficult times. I have made notable contributions in setting up real-time information capturing at the transaction level on the ERP system, enabling online authorization, reducing physical paper flow, increasing audit trail, and speedy retrieval of documents. Hands-on experience of working with accounting tools like ERP, SAP, QuickBooks, Tally, etc. Conceptualized and implemented financial procedures, maintained and finalized accounts, monitoring profit, and further enhanced internal financial controls. Well-versed with IFRS, IGAAP & GAAP.My performance milestones have included successfully Attaining cost savings - USD 500,000 on bank charges; amplifying the profitability of the center by USD 2 million and getting a new line of facilities for USD 200 million.I ensure exceptional attention to detail in everything that I do and I always demand excellence from myself. I may be contacted at cacpamohit@gmail.com
Mohit Kumar's current company
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Mohit Kumar work experience
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Lead-Treasury Banking & Finance Transformation
CurrentPDS Limited (erstwhile PDS Multinational Fashions Limited) is a global end-to-end sourcing and manufacturing platform serving the world’s leading brands and retailers. PDS operations are spread across 22 countries, 3000+ employees, and a network of 50+ offices with over 150+ designers.From Apparel to Home and everything in between, PDS offers retail partners a broad spectrum of products. Leveraging global strengths, provide a complete solution from design to production for an… Show more PDS Limited (erstwhile PDS Multinational Fashions Limited) is a global end-to-end sourcing and manufacturing platform serving the world’s leading brands and retailers. PDS operations are spread across 22 countries, 3000+ employees, and a network of 50+ offices with over 150+ designers.From Apparel to Home and everything in between, PDS offers retail partners a broad spectrum of products. Leveraging global strengths, provide a complete solution from design to production for an array of products like apparel, footwear, accessories, home, and more. Show less
Executive Committee Member-Icai Hong Kong Chapter
Group Financial Controller
Indochine group founded in 2004 made a rapid growth, with a global footprint in 20+ countries including Hong Kong, Dubai, USA, UK, Europe, China, India, Myanmar, Turkey, Australia, Manufacturing units in China, Vietnam, Cambodia, Ethiopia, Bangladesh, Sri Lanka with Major Market in USA, UK and Europe, Indochine group operates a vertical supply chain for the sourcing, manufacturing, and design of Apparel. Indochine Group with a resilient team of 1000+ office employees and 10000+ factory workers… Show more Indochine group founded in 2004 made a rapid growth, with a global footprint in 20+ countries including Hong Kong, Dubai, USA, UK, Europe, China, India, Myanmar, Turkey, Australia, Manufacturing units in China, Vietnam, Cambodia, Ethiopia, Bangladesh, Sri Lanka with Major Market in USA, UK and Europe, Indochine group operates a vertical supply chain for the sourcing, manufacturing, and design of Apparel. Indochine Group with a resilient team of 1000+ office employees and 10000+ factory workers present in almost every important commercial center in Asia, Africa, Europe, America, and Australia.Clients of Group includes Guess, Levi’s, Mango, Woolworth, Next, DKNY, C&A and many other top brands worldwide. ✔️Preparation of Monthly, Quarterly, Annual financials along with Group consolidation.✔️Cash Flow Management, Budgeting and Forecasting. Periodic review and Variance analysis.✔️Responsible for all Finance, Tax, accounting matters of offshore offices worldwide.✔️Handling treasury functions including optimum utilization of surplus funds; controlled management of funds.✔️Reviewed all bank letters, negotiated commercial terms, and managed day-to-day liquidity to support the business needs.✔️Coordinated with banks for export &import facilities, term loans, forward contracts, and investment & loan portfolios. ✔️Efficiently & effectively liaised with Tax Lawyers& Auditors; ensured compliance with all commercial and taxation requirements of Hong Kong. ✔️Entrusted with the responsibility of leading the entire Tax Department of co. ✔️MIS reporting for Management & Finance Director. ✔️Provided strategic consultation & guidance on financial and contractual matters; implemented cost control measures for improvement in bottom-line; prepared a proposal for cash discount from suppliers. ✔️️Designing & implementing systems, policies & procedures to facilitate internal financial control. Show less
Shared Services Manager And Head Of Finance Hk
GB Foods founded in Barcelona in 1937,with turnover of around €1,3 Billion and a staff of around 3,600 employees, GBfoods is present in more than 50 countries in Europe and Africa. They include Spain, Italy, Germany, France, Belgium, the Netherlands, Sweden, Finland, Nigeria, Ghana, Algeria and Senegal, among others.GB Foods have well-known historical brands in each one of these countries, such as Jumbo, Gallina Blanca, Erasco, Gino, Liebig, Star, D&L, Grand’Italia and Blå Band, among… Show more GB Foods founded in Barcelona in 1937,with turnover of around €1,3 Billion and a staff of around 3,600 employees, GBfoods is present in more than 50 countries in Europe and Africa. They include Spain, Italy, Germany, France, Belgium, the Netherlands, Sweden, Finland, Nigeria, Ghana, Algeria and Senegal, among others.GB Foods have well-known historical brands in each one of these countries, such as Jumbo, Gallina Blanca, Erasco, Gino, Liebig, Star, D&L, Grand’Italia and Blå Band, among others. ✔️Enabled business vision and ensured smooth integration of financial systems policies of the two merging entities.✔️Served as Active Member of Key Projects –SAP; delivered sustained savings to the organization, collaborated with the Suppliers, Vendors, and Bankers to re-align the existing contracts &service agreements entailing standing instructions, terms & conditions likewise per the new entity✔️Got elevated to the position of Head of Finance Team, spread across Hong Kong, Dubai, and India, with end-to-end responsibility of monitoring full spectrum of tasks encompassing maintenance of books of accounts, audits, financial analysis & forecasting, budgeting, and tax & treasury ✔️Skillfully administered the Finance Team during the acquisition and smooth s financial process transitioning of Watanmal Group✔️Deftly delivered training and up-skilling sessions for staff across the two entities to ensure zero-knowledge gap; open two-way communication with the team to embed the Group values and culture thus ensuring no productivity loss ✔️Essayed a stellar role in delivering incremental revenues &benefits of $1m for FY 2017-18, by implementing various initiatives such as renegotiating commercial terms for LC charges, the commission in lieu of exchange, invoice financing, digitizing forward FY, and introduction of cash flow monitoring ✔️Contributions towards efficient tax planning by working closely with the Tax Authorities for advance ruling on profits for offshore businesses. Show less
Finance Manager
✔️Managing balance and day-to-day liquidity to support the business needs. ✔️Coordinating with banks for export &import Facilities, term loans, forward contracts, and other facilities. ✔️Preparation of Weekly, Monthly, and yearly Cash flows. ✔️Handling Investment and Loan Portfolio.✔️Preparation of Financials for Auditors and Management. ✔️Preparation of various reports and schedules for Auditors and coordinating with the auditors for completion of Audit. ✔️Liaoning… Show more ✔️Managing balance and day-to-day liquidity to support the business needs. ✔️Coordinating with banks for export &import Facilities, term loans, forward contracts, and other facilities. ✔️Preparation of Weekly, Monthly, and yearly Cash flows. ✔️Handling Investment and Loan Portfolio.✔️Preparation of Financials for Auditors and Management. ✔️Preparation of various reports and schedules for Auditors and coordinating with the auditors for completion of Audit. ✔️Liaoning with Tax Lawyers and Liaoning with Auditors. ✔️Ensure compliance with all commercial/Taxation requirements of HK✔️Framing budgets and conducting variance analysis to determine the difference between projected & actual results and reporting the reasons for variations✔️MIS Reporting for Management and CFO, Framing different MIS Reports as per Management’s requirement.✔️Operation Handling related to import and export activities from Shipping and Banking Point of view✔️Salary and MPF Processing on a Monthly basis.✔️Tax Planning includes but is not limited to Advance Ruling, Transfer Pricing, the Interest cost, etc✔️Cost Management includes sourcing of funds for group companies, Minimize the cost of funding, preparing proposals for cash discounts from suppliers✔️Management of Account Receivable and Payables✔️Co-Ordination with different country Finance Managers for Inter-Company transactions, Team Management, and Development for different projects✔️Determining financial objectives and preparing & implementing systems, policies & procedures to facilitate internal financial control. Show less
Finance & Account Manager
KGK Group Founded in 1905 with a global footprint across 18 countries, KGK Group is one of the most preferred names in the gems and jewellery Industry. It is one of the few conglomerates who have its presence across the entire spectrum of sourcing, manufacturing and distribution of diamonds and jewellery. Head quartered in Hong Kong and with a resilient team of over 10000 employees, KGK is present in almost every important commercial centre in Asia, Africa, Europe, America and Australia. The… Show more KGK Group Founded in 1905 with a global footprint across 18 countries, KGK Group is one of the most preferred names in the gems and jewellery Industry. It is one of the few conglomerates who have its presence across the entire spectrum of sourcing, manufacturing and distribution of diamonds and jewellery. Head quartered in Hong Kong and with a resilient team of over 10000 employees, KGK is present in almost every important commercial centre in Asia, Africa, Europe, America and Australia. The group offers a range of exciting, branded collections like Martin Flyer, Judith Ripka, Gregg Ruth and Kiros. ✔️Conducted a detailed study of industry practices to avoid gold loss and performed a gap analysis with existing workflows. Implemented customized reporting (in ERP), SOPs, and controls (including checks) which delivered US$ 2m in cost saves. ✔️Led the conversion of all financial operations from Tally to ERP. This included working with various teams like Vendors, IT, etc on building out process flows, managing the deployment, and also the upskilling local staff. ✔️Developed and implemented accounting procedures /policies applicable in HK/China. Analyzed financial statements to resolve discrepancies and identify variances with accounting regulationsPrepared general ledger accounts and financial statements (monthly, quarterly, semi-annually, and annually) and various MIS by recording, monitoring, reconciling, and analyzing financial information. Show less
Manager-Audit & Taxation
Conducted statutory, tax, internal audits, and finalization of accounts for prestigious clients like Satyam Cineplex, SSA International Ltd., Rajdhani Power Ltd., Ozone Pharmaceuticals Ltd., Ozone Ayurvedics, EMC Technology, Advantec Coil Pvt. Ltd., Indian Drugs and Pharmaceutical Ltd., and Magicon Impex Ltd.Worked closely with Ernst & Young and Tata Consultancy Services (TCS) in the audit and asset valuation exercise for the state-owned, Himachal Pradesh State Electricity Board… Show more Conducted statutory, tax, internal audits, and finalization of accounts for prestigious clients like Satyam Cineplex, SSA International Ltd., Rajdhani Power Ltd., Ozone Pharmaceuticals Ltd., Ozone Ayurvedics, EMC Technology, Advantec Coil Pvt. Ltd., Indian Drugs and Pharmaceutical Ltd., and Magicon Impex Ltd.Worked closely with Ernst & Young and Tata Consultancy Services (TCS) in the audit and asset valuation exercise for the state-owned, Himachal Pradesh State Electricity Board (HPSEB). Show less
Audit Associate & Tax Manager
Assisted the Chartered Accountants in the firm in conducting bank-related audits, internal and tax audits, filing tax returns for clients across the country. Gained invaluable practical experience to meet the standards set by ICAI (Institute of Chartered Accountants of India).
Finance Account Officer
-Contractor accounting in SAP- Checking and processing contractor's bills- Assist meter department in audit process- Handling and processing contractors claims.
Mohit Kumar education
Cpa-Certified Public Accountant Australia, Accounting And Finance, A
Chartered Accountant, Accounting And Finance, A
Management Training, Management
Bachelor’S Degree, Business/Commerce, General, Rank Holder
Frequently asked questions about Mohit Kumar
Quick answers generated from the profile data available on this page.
What company does Mohit Kumar work for?
Mohit Kumar works for PDS Limited.
What is Mohit Kumar's role at PDS Limited?
Mohit Kumar is listed as Lead-Treasury Banking and Finance Transformation at PDS Limited.
Where is Mohit Kumar based?
Mohit Kumar is based in Kowloon, Hong Kong Sar, Hong Kong while working with PDS Limited.
What companies has Mohit Kumar worked for?
Mohit Kumar has worked for Pds Limited, The Institute Of Chartered Accountants Of India, Indochine International, Gbfoods, and Kgk Group.
How can I contact Mohit Kumar?
You can use AeroLeads to view verified contact signals for Mohit Kumar at PDS Limited, including work email, phone, and LinkedIn data when available.
What schools did Mohit Kumar attend?
Mohit Kumar holds Cpa-Certified Public Accountant Australia, Accounting And Finance, A from Cpa Australia.
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