12/08/2012 Accounting - Finance
Summary of Qualifications:
. Excellent knowledge of the generally accepted accounting principles.
. Proven efficiency in preparing reports and handling business correspondence .
. Profound knowledge of cost accounting, standard cost, Variance Analysis and inventory management.
. Profound knowledge of Finalisation of Accounts,Costing, Income Tax, Excise, VAT, Service Tax matters.
. Profound knowledge of Company Laws & Secretarial Matters.
. Excellent verbal and written communication skills .
Costing: Product costing of every Product ,Provide Cost Variances report (Actual costing with standard costing),Provide detail Cost Analysis Report,Update Standard cost at each month after reviewing raw material price with the Purchasing Deptt.,Monitoring & control of Costs in regard to Power Consumption, Various Reports for Cost Reduction Activities.
Inventory Management & Control: Reconcile Inventory between Bin Card & Ledger & report any diffence to the management,Reconcile the difference of Physical Count & accounts books & report it to the management.
Accounts: Overall monitoring & control of day to day accounting operations ,Ensuring strict adherence to statutory norms and Accounting Standards,Reconciliation with Debtors and Creditors,ensuring correct posting and allocation of expenses and incomes, Co-ordination with Auditors and Finalization of Annual Accounts, Verification of Purchase Bills, , General ledger scrutiny & preparation of various schedules,Accruals and Provisions for all the expenses,
Indirect Taxation: Excise Matters: Periodical returns in central excise office, appearing before the Excise officials, invoicing under central excise law, annual stock taking, audit compliances, registration under excise law, Overseeing export sales dispatched under claim for Rebate of Duty, after receipt of proof of exports, rebate claims application submission in central excise Division for rebate claims, Handling bonds, TR-6 challans, PLA Account.
VAT Matters : Statutory compliance with Sales Tax dept., Vat Tax return, payment monthly, Vat Audit & details preparation, Handling VAT assessments & appeals for the organization, taking care of registrations, filing of statutory returns, replying notices, and getting the assessment orders.