Uttam Suthar Email & Phone Number

Fund management, investments, project financing and development of strategic business models, identifying risks and deficiencies and making investments in various funds and real estate projects in India and the UK.Implemented monthly cash flow budgeting and forecasting for real estate and commercial leasing segment and providing financial insights and recommendations to the management.Involved in real estate planning team and launching project under PMAY in Mumbai and negotiations with various leading real estate players for part divestment and JV.Successfully handling the Income Tax, Service tax and GST assessment of the group and ensure timely and accurate filing of taxes, adhering to regulations and requirements.Ensure timely GST filing and payment, optimal GST credit utilization, and reconciliation with the book of accounts.Oversee all financial operations, accounting, auditing, statutory compliances and reporting processes of Indian entities and the UK entityManaging day-to-day accounting activities, including control over accounts payable and accounts receivable.

Played a key role in preparing various documents viz; Information memorandum, Project report & financials models for greenfield port & logistics project in Uran, near Mumbai, Successfully raised Rs. 480 crore in from banking consortium arrangement.Responsible for liaison with banks for raising Project Finance. Solving queries from Credit Department & enabling them to better understand risk profile. Coordinating with bank HO & Branch for disbursement.Preparing the documents and business models and getting the due diligence from Merchant banker and auditor (Grant Thornton), for equity placement on London Stock Exchange, raised GBP 36 million.Preparing Financial models, Information memorandum & presentations for various Real Estate, CFS, Cold Storage, Ship repair facility, Hotel, etc projects of the group.Forecast short term and long-term financial needs for the project completion and contractors payment and, identify sources and mobilize funds at a low cost.Finalization consolidated books of accounts of company and its subsidiary for quarterly and yearly accounts closing and reporting to London Stock Exchange. Presenting consolidated financial statements on quarterly basis to the board members along with detail presentation on the key business drivers.Liaising with statutory auditor, internal auditor, tax auditor and foreign auditor till completion of audit

KRA includes Fund Management, Budget planning, MIS, Working Capital Management, and compliance with Accounting Standards, Taxation (including income tax, vat, service tax)Involved funds raising through debt & private equity.Liasioning with Auditor, and coordinating with bank for fund and non-fund based limit.

Accounting of Billing and Revenue in SAP from Billing System (Geneva)Preparing the variance analysis report for Revenue and MD – Revenue Flash Report. Estimation of revenue, co-ordination with the PreBilling, and Billing team.Managing of all Internal and Statutory audits and ensuring closure of all critical issues at corporate level for Revenue.Managing new initiative - Developing new service, revenue paths with IT team (Billing System & SAP) to launching of new Products. SOX compliance and ensuring closure of all critical issues.

Accounting and reporting revenue for all the Flag group company according to the relevant GAAP and consolidation of revenue in the UK based Parent company. Reporting the Monthly and YTD RevenueLiaisoning with the Auditors – PWC India & PWC UK for revenue reporting.Analysis of Revenue Variance and Revenue forecasting, Reporting of exceptional Items and variance analysis of actual revenue with AOP (Annual Operating Plan) by various parameters like product, customer and region.Special assignment: Rebuilding Intercompany Revenue Allocation for Flag Telecom (USD 125 mio);Reconciling the Deferred Revenue Balance Invoice-wise and entity-wise (amount involved USD 900 mio); and Revenue automation in SAP.

Statutory Audit, Internal Audit and Tax Audit of various entities engaged in manufacturing, trading and service sectors. Preparation of MIS and Board Presentation for corporate clients on monthly basis and deputed for assignments by associated firms.

Chartered Accountant, Accounts, Audit, Finance And Taxation

Chartered Accountant

B. Com.

B Com, Accounts And Commerce