SUMESH NAIR

 PROFESSIONAL EXPERIENCE (25 Years) SUMESH NAIR Finance Manager/Controller Seeking challenging Role at Senior Managerial level with fast track, top organizations, MNC, Startups across the related sector PROFILE Finance & Accounting Professional with 25 years of experience with MNCs, Startups, Corporates in independently handling the Finance and Accounts Department of multiple entity. Out of which 15 years in a Manager Role with a team of 5 to 6 Reportees. Involved in the Day to Day Operations till the finalisation of Financials. Well versed in handling overall accounting, financial and taxation matters. Involved in various internal Committees of the Company and implemented various internal control measures which suites the company operations from time to time. CONTACT - No. 69, Aaditheertham, Sri Dutta Township, Kattigenahalli, Bagalur Cross, Yelahanka - 560063 Bangalore, Karnataka, India-https://www.linkedin.com/in/sumesh-nair-14b13615/ PERSONAL INFO Date of Birth:21-MAR-1974 Passport No.: T- Valid up to: 21/08/2029 PAN:ACWPN4322Q UAN:- Employment Records: 2018- till date: HAbOG Consultants Private Limited, Bangalore Position:Manager - Finance & Administration -: Won Tech Solutions, Bangalore Position:Finance Manager -: CDM Smith India Private Limited, Bangalore Position:General Manager -: CDM Smith Inc, Bangalore Position:Manager – Finance -: Wilbur Smith Associates Pvt. Ltd, Bangalore Positions:Assistant Vice President -: Kampsax India Private Limited, Gurgaon Position:Manager Finance & Accounts Career Achievements: Instrumental in implementing the first phase of the Web enabled Management Information System for Project Budgeting, Review, Attendance & Payroll System, Billing, Recovery and Monitoring of various projects. Played a stellar role in setting up Accounting Systems and Internal Controls for various multiple entities. Distinguished efforts in developing documents for the Hive-off of Consulting Business of Kampsax India Private Limited; proactively involved in the finalization of various schedule for the Purchase Consideration Agreement Actively provided financial data and accounting services in connection with due diligence while Global Merger of CDM Smith Inc. and Wilbur Smith Associates Inc. Significantly established Month wise Division wise, Project Budgeting System using Microsoft Excel to enhance the division performance Education 2007: MASTERS OF BUSINESS ADMINISTRATION Finance & Human Resource Management from National Institute of Business Management 1996: BACHELOR OF COMMERCE SKILLS Finance & Accounts Accounts Receivable / Payable MIS Reporting Problem resolution Strategic Planning Cash Management Liaising & Coordination Revenue / Capital Budgeting Statutory Compliance Internal Control Financial Analysis General/Corporate Accounting Fixed Assets General Ledger Team Management Payroll Processing Compensation & Benefits LANGUAGES English: Fluent/Advance Hindi: Fluent/Advance Malayalam: Fluent/Advance Tamil: Beginner Kannada: Beginner India: Native SOFTWARES Microsoft office: Proficiency level: Word, Excel, Power point, Outlook Accounting Softwares: Tally ERP 9, Ex-Next Generation, Quick Books. OTHERS Indian Driving License Availability: Immediate Duties & Responsibilities: General Accounting Day to Day Accounting: Supervise Corporate Accounting team in day to day accounting. Book Keeping: Maintenance of Books of Accounts and make sure that the entry updation, reconciliations, etc. are done on a regular intervals. Responsible for all aspects of accounting (accounts payable, accounts receivable, billing, general ledger entries, bank reconciliation, credit card expense report reconciliation, cash applications, collections and claims) Intercompany: Make sure the Intercompany Accounts are Reconciled in line with other entities. Reconciliation of Accounts: Reconciliation of General/Sub Ledgers, Bank Reconciliation etc. Accounts Receivable: Maintain and update the Project wise Accounts Receivables and Follow up with Client through the Project Manager or Directly for timely Recovery. Accounts Payable: Supervise the disbursement of Accounts Payable and to make sure for a timely payments to the Vendors, Suppliers and various project Sites all over India. Implemented a system for timely payment to these Accounts Payable. Fixed Assets: Finalisation of Fixed Assets Register, Physical Verification and working of Depreciation as per the Companies Act and Income Tax. Monthly book closure: Reconciliation of Balance Sheet and P&L Items on a monthly basis and pass necessary adjustment Journal Entries. Chart of Accounts: Setup of Chart of Accounts for the company in Tally or Other Softwares based requirement of Financials and MIS system. Internal Control System: Implement the internal Control measures based on the approval of Executive Leadership of the Local Management in India. Institutionalizing best practices and processes: To understand business requirement and set up the processes for better controls and watertight processes. Statutory compliance Good & Service Tax (GST): Finalisation of Monthly GST Liabilities, Payment and file the GST return on time. Tax Deducted at Source (TDS): Finalisation of Monthly TDS Liabilities of Various Sections. Monthly Payment, filing of Quarterly Return and Issue of TDS Certificates. Provident Fund (PF): Deduction and Deposit of PF from Employees along with employer Contribution and timely filing of Returns to Govt. Employee State Insurance (ESI): Deduction and Deposit of ESI from applicable Employees along with employer Contributions and timely filing of Returns to Govt. Professional Tax: Deduction, Deposit and Filing of Returns of Professional Tax Service Tax: Computation of Monthly Collection/Invoicing, finalisation of Service Tax Liability, Payment and Filing of Returns Income Tax: Computation of Advance Tax on Quarterly basis and payment of Advance Tax. Finalisation and filing of Income Tax Return. Preparation of Documents during the Scrutiny/Assessment. Shared Service Centre Responsible for handling the shared support services for the CDM Smith’s Vietnam, Australia, Dubai Offices Account Receivables, General Accounting, other Adhoc Reporting etc TRAININGS GST: Certificate Course on Goods and Service Tax migration and maintenance from Clear Tax Tally: Participated in the Tally Financial Accounting Program by Tally Academy. IFRS: Participated in IFRS Certification Programme Organised by Dun & Bradstreet. Certification: Attended Certified Management Accountants from Institute of Management Accountant, USA (Course Completed) REFERENCES (i) Mr. Sanjay Bhutani Country Manager Bausch & Lomb India Mobile :- Email :-(ii) Mr. Prasanth VG Partner J Sagar Associates (Leading Legal Firm) Mobile :- Email :- Invoicing Invoicing: Responsible of Invoicing of Monthly and Milestone Projects. Invoice Follow-up: Follow up of Invoices from Govt. and Private Clients based on the contract arrangement and Follow up with Clients. Auditing Audit Management: Handling the Statutory Auditors, Internal Auditors, Tax Auditors, Transfer Pricing Auditor and Service Tax Auditors. Finalisation of Accounts: Finalisation of accounts as per the Indian Accounting Standards. Preparation of various schedules and other sub-schedules as per the requirement of Statutory, Internal, Tax and Transfer Price auditors. Tax Audit Reports: Preparation of Tax Audit Report (Form 3CD) & Transfer Price Audit (Form 3CEB). Treasury Fund management: Daily Cash management of various project and corporate Division. Assessing and projecting accurately the fund requirement for the organization both for the short term and long term. Working capital management: To effectively manage cash flows & treasury process on a continuous basis to ensure operations are managed effectively. Cash Management: Responsible for cash management, including performing international wire transfers, payments, and maintaining lines of credit. Petty Cash Management, Daily Bank Disbursements for vendors and employees, Status Reporting of Credit Facility. Banking Bank Reporting : Finalisation of Monthly, Quarterly Report of Accounts Receivable and WIP to the Bank Fund Arrangement: Liaison with Bank for Fund arrangement and day to day Banking. Preparation of Loan Application and Documents for the renewal of the Credit Facility like CMA data, Order Book etc Credit Rating: Preparation of Detailed analysis reports for Credit Rating Agencies (ICRA) for the Credit Facilities Availed by the Company. Bank Guarantee: Responsible for the taking Bank Guarantees as per the requirement of the Projects. Management Information System (MIS) Reporting: Responsible for delivering timely and accurate financial processing using Tally Software, month end close, cash management reports, and balance sheet reconciliation. Prepare the Statutory and Management Reporting to Corporate Office and Local Management. Prepare monthly, quarterly, and annual financial statements, bank reports, and various detailed analysis reports US HQ Reporting: Prepare Monthly Financial Statements & Analysis to the International Finance Team in US Corporate Office. Project wise Report: Finalisation of monthly project wise Revenue Report and Variance Analysis Report. Work In Progress (WIP): Finlisation of Monthly WIP Working after doing necessary adjustments based on the current status of the Project. System Implementation: Involved in Development of Software for Project wise Attendance and MIS Reporting. Preparations and Presentation of Monthly Division wise Profitability Statement and Revenue Reports. Track the company's financial status and performance to identify areas for potential improvement Budgeting & Forecasting Budgeting: Preparing the Month wise Business Plan on a Calendar and Fiscal Year Basis. Long/Short Term : Preparation of Short and Long Term Business Plan for Banks/Rating Agency/Corporate Office Forecasting: Monitoring the Division wise Business Plan on a monthly basis and forecast the estimated Yearend figures. Variance Analysis: Prepare the Monthly and Year to Date Actual Vs. Budget Variance and Report to the Top Management along with the explanation on the Variance reasons. Capital Budget: Finalisation of Capital Budget considering companies expansion. Project Budgeting: Involved in the development of Project Budgeting and monthly monitoring System. HR & Payroll Payroll Processing: Finalisation of Cost Centre/Division wise Monthly Payroll of permanent employees and project based associates. Preparation of PF, ESI, TDS, PT and other shop & Establishment Payments etc. and filing the necessary returns through Labour Consultants. Employee Taxation: Responsible for Finalisation of Employees Personal Taxation based on the tax declaration submitted by the employees and deduct the same while processing the Payroll. Full & Final Settlements: Finalisation of employees Full and Final Settlement on separation of Employees. Salary Fixation: To fix the Salary structure while revision and fix the employee salary for the new employee hired. Involved in the performance appraisal and computation of Increment Working and Issue of Letter to the Employees Intimating the Salary Revision. Other Compensation & Benefits: Formation of Employees Gratuity Trust and enrolling the newly joined employees under the Group Gratuity Policy taken from the Life Insurance Corporation of India. Team Management Responsible for overseeing and leading the finance team including training and performance management, planning and maintaining work tasks, systems and procedures that enable and encourage the optimum performance of the team and other resources. Handled a team of six direct reportees and approx. 25 indirect reportees like Project Accountants, Office Manager cum Accountants of various Project Officer. Administration General Administration : Handling Day to day Administration jobs, Supervision and approval of purchases, Supervise the Repairs and housekeeping services, Travel arrangement for Staff, Lease Agreements, Finalisation of other Administrative Contracts. Insurance Policies : Responsible for taking New Insurance Coverage Policies for Employees & Project Based Associates (Personal Accident, Group Medical Policy, Life Term Policies), timely renewal of the Policies & Report the Additions and deletion of employees from time to time. Secretarial Board Meeting & Secretarial Matters: Preparation and maintenance of Current & Historical key financial, operational metrics, Board Agenda and Presentation Slides for the Board Meeting. Compliance Reporting: Finalisation and Consolidation of Compliance Reports to the Board. Filing of Returns: Liaison with Practicing Company Secretary for ensuring timely filing with Ministry of Corporate of Affairs of India.