Amar Shah
About Candidate
Experienced and accomplished accounting professional with 14+ years of experience in finalisation of
accounts and getting the same audited.
Managing statutory audit, tax audit, cost audit and IFC audit, completing the same within stipulated time
lines.
Getting transfer pricing approved for related party transactions.
Preparing monthly MIS and variance analysis.
Independently handling day to day accounting, accounts payables and accounts receivables, fund
management.
Preparing cost-benefit analysis for various business scenarios, collaborating with concerned
departments and collating the data for preparation of business plan.
Presenting a true and fair view of the financial position of the unit by way of timely preparation of
monthly as well as annual reports.
Variance analysis of fixed and variable expenses on monthly basis to control expenses as part of MIS.
Collaborating with internal users to improve the budgetary controls and other SOPs.
Finding innovative ways (Power BI) to present information in a more useful way for management.
Skills
Location
Education
Work & Experience
• Work profile: Monitor day to day accounting in SAP. Preparing of monthly financials for consolidation with parent company. Finalisation of annual financials for publishing along with all schedules and notes at standalone level and also for consolidation with parent company. Currently working on preparing dashboard in Power BI on power plants for management insight. Preparation of monthly and quarterly cost sheets, MIS for management and board committee, variance analysis. Preparation of Business Plan, work out the best operational combination for various power load scenarios, steam and compressed air requirements. Collaborating with auditors for completion of Statutory audit, Tax audit, IFC and Cost audit in stipulated time. Support HO team for consolidation of accounts of various entities at group level. Managing daily and monthly cash flow. Managing financing activities of LC / BG. Providing necessary information to various external agencies for Ratings, Valuations and financing facilities. Capitalisation activities. To comply statutory requirements of Electricity Act, RPO. Control GR/IR, vendor advances, vendor payables, customer ageing. Control over related party transactions, taking omnibus approval, getting transfer pricing audit done in time. Monthly physical verification of coal stock, stores and spares. • Special Achievements: Had been selected for leadership program and completed the same from SP Jain – IMR institute, Mumbai (a leading institute for management studies) Testing and development in SAP at the time of GST implementation Testing and development in SAP for implementation of FM (budget implementation) Have been awarded Star Employee of year for Welspun India Limited. Support in setting up Share Service Centre for Welspun Group for servicing common accounting activities of Welspun Group
• Work profile: Maintaining accounts in tally software. Sourcing, negotiation and finalisation of terms and condition for cattle feed, rice, sugar, etc to be exported. Day to day accounting, stock reconciliation for ship breaking activity carried out at Jamnagar. Controlling Delhi branch activities of freight forwarding. Preparing documents as per export terms, submitting the same in bank for further negotiation. Managing packing credit, buyers credit, forward contracts. Finalisation of accounts and getting the same audited. Preparing and finalisation of TDS returns.
• Work profile: Preparation of monthly Profit and Loss account. Preparation of product costing and variance analysis. Daily production MIS. Sales accounting, collection, customer ageing, collection of C-forms. Discounting of sales invoices. Checking and controlling commission payouts. Outward freight checking and posting. TDS and VAT working and return filing. Managing cash flow to minimize working capital interest. Monthly physical verification of stock. Reconciliation of transactions with group companies.