Prateek Karmani Email & Phone Number

Dubai, United Arab Emirates

• Preparation of Annual Budget after gathering inputs from all the departments and providing them further information which may help them in making in Budget as realistic as possible.• Preparing monthly MIS reports and analyzing the same with budget and finding the variances along with their reasons.• Closing monitoring each and every Accounts Receivable and apprising management incase of any irregularities in the account.• Preparation of VAT returns as per Federal Tax Authority format along with documentation on monthly basis.• Preparation of VAT refund documentation and getting full refund as applied on FTA portal.• Working on various Insurance policies and providing the data required for their renewal from various insurers and comparing it with previous year policy.• Preparation of Loan chart for tracking of Import payments getting due against D/A and L/C documents so that funding can be arranged well in advance and cross rate deal can be booked for Euro and JPY payments.• Timely application for Trust Receipts to be arranged from banks for respective Import Payments.• Analyzing Bank Covenants as per Sanction Letter and apprising management if any of them are not complied with.• Studying TARF (Target Redemption Forward) Structures received from Banks whenever required for Foreign Exchange and discussing it management before booking.• Preparation of details required by banks at the time of renewal of credit facilities.• Preparation of Cash Flow Statement and Fund Planning on monthly and quarterly basis.• Preparation of Bank Reconciliations and Vendor Reconciliations at regular intervals.• Providing all the reports to Auditors in order to get the Audit completed within time limits and resolving their queries.• Studying & understanding the requirement of Economic Substance Regulation on our organization as per BEPS Action Plan 5.• Submission of UBO Declaration of Dubai Trade portal for various group entities.

Gurgaon, India

• Preparing Fixed Assets register as per Schedule II ‘Part C’ of Companies Act, 2013 and Guidance Note on depreciation issued by ICAI.• Preparing Direct Tax, Indirect Tax scrutiny documents & liasioning with auditors/ consultants for finalizing the same.• Income tax planning/ Service Tax planning, Computation of total Income, Calculation of Advance Tax, TDS, GST etc. and deposit the same on timely basis.• Preparation of documents for valuation of products at a reasonable price from holding company for attaining SVB Order from Customs.• Benefiting organization by providing awareness about SEIS scheme available on Service Export.• Preparation of various forms applicable to the organization for Country by Country Reporting.• Preparation of reconciliation between credit as per GSTR-2A and ITC availed in GSTR-3B as well as in books of accounts. Following up with the respective teams and vendors for the mismatch of the same and resolving queries.• Analysing of import data and financial statements of various competitors and preparing a PowerPoint presentation for submission to overseas counterpart.• Preparing MIS and analyzing the same with budget and finding the variances along with there reasons.• Setting up of Credit Line with various banks and resolving there queries before credit line is allocated.• Preparation of Cash Flow Statement and Fund Planning on monthly basis.• Handling of all the Import Payments and Foreign Remittances.• Providing support to Auditors in Finalization of Balance Sheet.• Checking and reviewing of Tax Audit Report with their annexures.• Preparation of data for Transfer Pricing.• Preparation of sheet for Reserve to be created against Rent Equalization as per the Guidance Note of ICAI.• RBI compliances relating to Foreign Direct Investment (‘FDI) and Overseas Direct Investment (‘ODI’) and Foreign Exchange Management Act (‘FEMA’)- Annual return on Foreign Liabilities and Assets.• Annual Return filing under the Companies Act, 2013.

New Delhi Area, India

• Income Tax Computation of all employees.• Processing of employee’s salary and reimbursement on monthly basis.• Issuance of Form 16, Form 16A, Form 16B within the prescribed time limit.• Preparing Direct Tax, Indirect Tax scrutiny documents & liasioning with auditors/ consultants for finalization the same.• Income tax planning/ Service Tax planning, Computation of total Income, Calculation of Advance Tax, TDS, Service Tax, etc. and deposit the same on timely basis.• Timely payment of Custom Duty Challans.• Checking of PF and ESI challans and making timely payment against the same.• Preparation of documents for valuation of products at a reasonable price from holding company for attaining SVB Order from Customs.• Filing of EDD refund after getting the SVB Order in favour.• Preparations of documents for SAD refund and filing the same before expiry of time limit.• Preparation and filing of various returns like Income Tax, TDS, Delhi VAT, Maharashtra VAT, Central Excise, Service Tax within prescribed time limit.• Preparation of GST Returns and filing the same before the due date including TRAN-1 filing.• Preparation of data for C Form’s pending from respective customers.• Preparation of data required for insurance and co-ordinating with insurance brokers for the best quote available.• Closing the Bill of entries lodged with banks.• Preparing MIS and analyzing the same with budget and finding the variances along with there reasons.• Analysing Brand wise, Customer wise and Item wise profitability.• Checking of interest charged by banks in bank statement as per sanction letter and intimating the same for reversal incase of excess interest charged.• Preparation of Cash Flow Statement.• Handling of all the Import Payments and Foreign Remittances.• Handling of Bank Reconciliations, Sister Concern Reconciliations and Vendor Reconciliations.

Noida Area, India

• Preparing Consolidated Balance Sheet of Uniparts India Limited Group (consisting of Foreign Subsidiaries in USA, Europe & Germany and Indian Subsidiary in NSEZ) along with notes to accounts and getting the same reviewed to Corporate Finance Controller and CFO.• Preparing Consolidated Fixed Assets register of all the Units for Standalone Balance Sheet of Uniparts India Limited as per Schedule II‘Part C’ of Companies Act, 2013 and Guidance Note on depreciation issued by ICAI.• Preparation and filing of various returns like Income Tax, Wealth Tax, TDS, Service Tax including input service distribution register within prescribed time limit.• Closing the export bills lodged with banks• Checking of Export Overdue and intimating the same to marketing team for realization.• Preparing monthly debt report summary and reconciling the same from bank and submitting the same to Corporate Finance Controller like EPC, PCFC, PSFC, FCTL, Term Loan etc.• Checking of interest charged by banks in bank statement as per sanction letter and intimating the same for reversal incase of excess interest charged.• Handling of Bank Reconciliations, Sister Concern Reconciliations, Inter Unit Reconciliations and Vendor Reconciliations.• Providing support to Corporate Finance Controller in Finalization of Standalone Balance Sheet.• Providing support in restatement of Standalone as well as Consolidated Balance Sheet for last Five Financial Years while filing of Draft Red Herring Prospectus of the Company.• RBI compliances relating to Foreign Direct Investment (‘FDI) and Overseas Direct Investment (‘ODI’) and Foreign Exchange Management Act (‘FEMA’)- Annual return on Foreign Liabilities and Assets submitted for Uniparts India Limited, Annual Performance Report (‘APR’) of overseas subsidiaries.• XBRL filing under the Companies Act, 2013.• Assisting Companies Manufacturing units for closure and audits of their financial books.• Handling of Foreign Accounting of Subsidiary in Germany & USA.

New Delhi, Delhi

New Delhi, Delhi

Chartered Accountant (C.A.)

Bachelor Of Commerce - Bcom

Secured highest marks in Accounts in whole college.