Punit's Profile

Punit

28

Mumbai

CA

Since Aug ’17 in CG Power and Industrial Solution Limited (Formerly known as Crompton Greaves Limited). • Preparation of consolidated Financial Statements for the overseas entities of CG Power and Industrial Solution Limited as per the relevant statutory requirement & in compliance with the Accounting Standards as prescribed by the ICAI (i.e., Ind-AS and Schedule III of Companies Act, 2013) and also listing variances with respect to abnormal variation as compared to the previous corresponding period and citing the reasons for the same. • Inter-company reconciliation (Balance sheet and P&L items), /completion of entity wise financials, Key financial data. Sep’14 – Aug 17 with JSW Steel Coated Products Ltd. (JSW Group, India) as Junior Manager (Finance and Accounts) • Planning and executing monthly/quarterly/annual closure schedules; providing monthly/quarterly/annual financial statements; administering the monthly closing process • Preparing Financials (Profit & Loss, Balance Sheet, and Notes to Accounts) as per the relevant statutory requirement & in compliance with the Accounting Standards as prescribed by the ICAI (i.e., Ind-AS and Schedule III of Companies Act, 2013) and also listing variances with respect to abnormal variation as compared to the previous corresponding period and citing the reasons for the same. • Team Member for handling assignment on Internal Control Over Financial Reporting as per Companies Act, 2013(i.e, ICFR). Also worked on preparing Comparative Financials as per Ind-AS for convergence from 1st April, 2016. • Managing Contingent Liability MIS and updating the status on monthly/quarterly/yearly basis and reporting the same to the management & for audit purposes. • Preparing Segmental Profit and Loss account on quarterly and yearly basis for claiming deduction u/s 80IA of the Income Tax Act, 1961. • Ensuring reconciliation of Acceptances by gathering details from finance and banks and ensuring their completeness. • Adhering to accounting controls by following policies & procedures in compliance with legal and regulatory requirements • Ensuring the completeness of accounting entries in SAP • Supporting internal and external audits by providing information and clarifications to auditors; undertaking internal audit of transactions, wherever necessary • Handling Fixed Assets, monitoring the budgetary constraints for new projects and approving the same.

CG Power and Industrial Solutions Limited

Accounting

Above Rs. 1,200,000/-

22 February 2018