Sourav Sharma Email & Phone Number

Bengaluru, Karnataka, India

Statutory, Internal & Stock AuditStatutory ComplianceSetting up IFCAudit IssueMonthly ReviewAddressing LitigationsTeam Building & Management

Bengaluru, Karnataka, India

 Managed MIS & financial reports identified revenue and cost leakage areas, handled Strategic Analysis. Assisting and providing financial guidance in the formulation and implementation of strategic plan, budget, cash flow projection and performance through controls on inventory, credit and collection, disbursements, and remittances. Implemented internal control disciplines throughout the organization to maintain integrity and accuracy of financial reports. Revise and document workflows/process as needed to improve efficiency while developing a stronger, more cohesive team environment. Prepared & Implemented standards operating procedures (SOP) for cost effective procurement. Adhere to and implemented the policies and best practices for statutory & corporate tax compliance.

Bengaluru, Karnataka, India

 Manage relationship with all PE Funds, investors, accounting firms, law firms and bankers. Deep dive understanding across P2P, O2C, R2R, FP&A / EPM, Treasury, Cash Management, Asset Liability Management, etc. Managed MIS & financial reports identified revenue and cost leakage areas, handled Strategic Analysis. Continuous challenging the business model and restructuring the most efficient model considering EBTIDA positive. Forte in developing, forecasting and implementing financial and operational models/ controls that aid in improving P&L scenario to competitively position the firm and create value for stakeholders. Partnering with the Business Heads on all operational and strategic issues as they arise and providing strategic recommendations to the BH based on financial analysis and projections, cost identification, allocation, and revenue/expense analysis. Due Diligence, Fund raise, Pre and Post DD compliance activities with help of Big4 audit firms. Steering smooth completion of including Forensic, Limited Review, Stock, Internal & Statutory Audit.

Bengaluru, Karnataka, India

- Successful in completing the Due Diligence of India's Silk Route.- Solving dynamic problems.- Managing processing system for financial tracking.

Bengaluru, Karnataka, India

 Proficient in initiating a strategic MIS system which includes business planning and determining the financial objectives by verifying operational efficiency levels & recommending cost control measures for improvement in performance. Adept in formulating budgets and conducting variance analysis to determine difference between projected & actual results and suggest corrective actions to executive committee on the requirement to meet the budget. Forte in developing, forecasting and implementing financial and operational models/ controls that aid in improving P&L scenario to competitively position the firm and create value for stakeholders. Assisting and providing financial guidance in the formulation and implementation of strategic plan, budget, cash flow projection and performance through controls on inventory, credit and collection, disbursements and remittances. Implemented internal control disciplines throughout the organization to maintain integrity and accuracy of financial reports. Revise and document workflows/process as needed to improve efficiency while developing a stronger, more cohesive team environment. Actively involved in general accounting functions including AR, AP, GL, inventories & reconciliation activity. Prepared Provisional & Projected Financial Statements. Prepared & Implemented standards operating procedures (SOP) for cost effective procurement. Accurate & timely computation of monthly GST liability & filing of GSTR1 & GSTR3B. Timely GSTR 2A reconciliation with vendors for accurate input of GST. Scheduling the Quarterly Audits and timely completion as per the management time line. Responsible for TDS compliances including calculation & filing formalities also including 26AS reconciliation. Liaising with the Statutory / Internal Auditors and Responsible for timely completion of Audit (Statutory, Internal, Tax, VAT & Service Tax Audits).

Bengaluru Area, India

 Preparation & filing of GSTR1 & GSTR3B. GSTR2A Reconciliation with the vendors to make sure we gets Input Tax Credit of GST. Liaising and negotiating with banks for rising fund and non - fund based facilities at favorable terms to meet working capital requirements. Ensure short term fund management to avoid delay in payments. Supervision & driving of Accounts Payable (P2P): Creditors MIS & Reconciliation, Outstanding Liabilities Analysis & Control. Debtors Ageing, Creditors Outstanding, DSO report other associated analysis and reports including balance confirmation. Preparation of Budgets / Forecast for Capex and Non Capex for the business and regular monitoring of operational results against the same. Provided short-term and long-term forecasting for orders, sales, margin and manpower. Developed and implemented an effective Credit Control model for Customers based on past payment track records & monitoring of credit limit of all customers regularly and approval to release the credit block. Customer Reconciliation, Vendor Reconciliation, Inter Company Reconciliation & Bank Reconciliation. MIS & monthly/ quarterly / half yearly / yearly financial reports like Trial Balance, Profit & Loss Account, Balance Sheet, etc. Be the one point of contact for all internal stake holders for the group and have cross functional interface in addressing matters/ and ensuring the required information flow on a timely basis.

Bengaluru Area, India

Key Result Areas:• Managing the entire accounting & finance cycle, business planning & execution of the food division.• Analyzing financial information to produce forecasts of business, industry & economic conditions• Planning Management and control over cash & fund flow & Carrying out internal and stock audit.Key Responsibilities Accounting, Financial Reporting, Analysis & Compliances: - Steering smooth transition from traditional system to GST (IGST, CGST and SGST); following a comprehensive approach for GST impact assessment & implementation; reviewing existing systems, & process, advising on new investments for compliance, and creating awareness & trainings for proper implementation & system in place. Presenting a true and fair view of the financial position by way of timely preparation, consolidation and finalization of Balance Sheet, Profit & Loss Account and Annual Reports. Responsible for Financial Planning & Analysis of the financial data including budgeting, forecasting, analysis of over and under run of budget, actual vs budgeted, budgeted vs forecasted, Variance Analysis whether the variance is favorable / unfavorable & so on. Preparation & Presentation of PMS Report (Cost Center wise/ Consolidated) with executive summary on Future Action Plans. Prepared & Implemented standards operating procedures (SOP) for cost affective procurement. Following up for accounts receivables after invoicing to debtors, conducting ageing analysis with an aim to keep receivables under control and collections of debts. Liaisoning with the statutory / Internal Auditors and Responsible for timely completion of Statutory, Internal, Tax, VAT & Service Tax Audits. Estimation and Deposit of Advance Tax.

Bengaluru Area, India

Key Responsibilities Successfully handled Accounting, Analysis & Financial Reporting: - Learned while assisting in Financial Planning & variance analysis of expenses & revenue on a monthly basis Reporting on the Operating actual Cost-vs- Budgets & Forecasting to the management. Handling creditor’s managements, creditor confirmations, payment terms negotiation with vendors. Preparing Monthly Salary Statement and Deducting PF, ESI, TDS and Remittance. Inventory Management & analysis; Provisioning, Conducting monthly physical verifications, Scrap selling etc. Month End Closure entries with reversal of provisional entries. Ageing Analysis of receivables & payables.  MIS Report with projection of fund & managing the same. VAT, Service Tax & TDS compliances (Payment & Filing).

Executive Programme In Strategic Finance For Emerging Cfos And Fpna Leaders, Finance And Financial Management Services, Good

Activities and Societies: Cost of Capital, Investment Criteria for Capital Budgeting & its advanced concepts, Taking company Public.

Master Of Business Administration (M.B.A.), Accounting And Finance, A

Activities and Societies: Executive MBAExecutive MBA

Bachelor'S Degree, Commerce, B

Activities and Societies: * Participated in Debate competition.Attended evening classes after office hours.

Associate'S Degree, C.H.S.E. (Commerce), A

Activities and Societies: Athletics, Dance* Participated in Annual Sport competetion. * Won 1st Prize in dancing competition.

High School, C.B.S.E, A

Activities and Societies: Athletics Championship, Cricket Team, Kabaddi Team & Dance.* Won Championship at Annual Sports Meet. * Played.