Divesh Kumar: Senior Specialist Business Planning & Analysis in Anantapur

A Company with opthomology medical devices and IOL's as major business line

A Company with Railway signaling system as major business line

A Company with Event Management as major business line

An Indian Member of RSM International which is the 6thlarget Accounting and Consulting group worldwide Key Result Areas: • Managing the working capital, asset efficiency and inventory levels • Monitoring credit limit for customers, identifying risks and coordinating with sales/customers • Tracking trends on cost inflation and identifying opportunities to save/reduce discretionary spend to supply chain • Conducting periodic audits internally (J SOX, L262, IFC, Statutory, Group & Tax) and assisting in external audits; Implementing application of segment specific accounting complexities such as performance based contracts, gain share, multi-elements, bill & hold • Evaluating all major tenders (risks and opportunities) & contractual terms and analysing impact on IBT associated with pricing in bids vs. optimization of people/resources • Completing Balance Sheet notes on a timely basis • Reviewing ratios with a view to highlight inefficient locations/sub-segments and opportunities to maximise value of resources • Preparing financial forecasts with challenging goals relative to overall market expectations and available resources • Analysing financial impact of new and existing investment opportunities with a view to maximize the return on investment (ROI) • Supervising monthly financial reporting, monitoring results versus objectives, highlighting underlying reason for variances and suggest corrective actions wherever required • Providing monthly and quarterly assurances as required by SOX for business; Providing financial guidance and support to operations while ensuring compliance with internal controls & procedures as well as ensuring compliance with all the policies and procedures in all financial transactions • Preparing Consolidated Financial Statements (CFS) as per Indian AS, statutory books of accounts, product profitability, product ASP, product scheme analysis and product pricing analysis • Prepare tax plans and ensuring timely assessment, payments (VAT & CST), GST, E-TDS, PT, ROC and filing direct & indirect tax returns and service tax in compliance with statutory tax acts • Managing GST & implementation of GST patch in SAP with Selex Italy Team and representation with department • Leading the preparation of Income Tax Computation, E-TDS, VAT, PT and ROC Filings, 3CA & 3CD reports, Service Tax Computation, Return Filing and Working on Cenvat Credit Highlights: • Bagged WIZ Of the Month award in March 2014 • Recognized for initiating and finalizing utilization of CENVAT credit • Improved the process of on-time invoicing and its recoverability as per Statutory Requirement • Identified and resolved valuation of stock for Furnace Manufacturing Industry based client Key Clients Handled • Orb Energy Private Limited • Salvaginini Machinery India Private Limited • Vinayaka CNC Private Limited • Unilog Content Solutions Private Limited • Ray & Keshavan Design Association Private Limited • Blue Star Limited • Dynalog Content Solutions Private Limited • Deutsch India Power Connectors Private Limited • Land mark group (Max Hypermarket India Pvt. Ltd, Lifestyle) • Welspun Corp Limited. • Compuware & High Temp • Trafomec India Magnetics Private Limited • Makino India Private Limited • Sami Labs Limited