CA SHRADDHA AJAY UMBARKAR

Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals.

1) G.D.C & A.Exam Qualification with 2ndClass.

2) D.T.P. &Tally 9.0, 7.2 & ERP 9 from Surabhi Computer Institute.

3) Typing speed at English 50 w.p.m. & Marathi 40 w.p.m. from Vision Typing Institute Pune.

4) SAPdone from Delphi Computech.

5) Having Good command on Direct & Indirect Taxes& Returns.

6) GST Returns.{GSTR-1/GSTR-3B/GSTR2A,9,9A,9C}(Reconciliation,RCM,ITC,PAYABLE.)

7) Having good command handling Scrutiny/Assesment& Audit. (Direct/Indirect Taxes).

     Current Working Exposure:

• Analysis and review of the Product costing, process costing, batch costing, analysis of overheads, cost drivers, yield, wastages, manufacturing process
• Review of SOP followed by various departments, proper documentation, decision taken, identifying deviation and taking appropriate corrective measures
• Analysis and review of cash flow statements, fund flow statements, budgeting, profitability statement, contribution statement
• CMA data statement, projections, DCF valuation, NPV models, credit analysis, project appraisal
• Imports & Exports: Advance license / authorisation, import & export payments, duty payments, rebate claim, duty drawback, etc
• Negotiation with bankers with regards to the lending rate of interest, concession and discounts; proposal terms, working capital and term loans, adhoc limits, letter of credit, bank guarantee, etc
• Re calculating bank and finance charges levied and comparing with the sanction terms, identifying deviation and taking up the matter with bankers for resolution
• Auditing, review of the transactions as per accounting policies and standards generally followed and adopted by the companies
• Audit, review of the periodical statement of stock and book debts for submission to the bank; physical inventory verification on monthly basis, analysis of material / inventory according to their value, movement and quantity, inventory coding and classification check stores ledger, material receipts, issues and balances, material transfers, scarps and wastages valuation and records
• Material control – availability, control over investments, prices, wastage control, spoilage and obsolescence, purchases policy, rights & duties of purchase personals, authority limits, requirements, vendor registration, selection and assessment of the suppliers, execution of emergency purchases, purchases orders and master purchase list
• Accounts – vouching for expenses, sales invoices and purchases; vouchers for cash & bank and other transactions, signature/authorisation for maker, checker &authoriser, proper documentation & verification, payment to employees, loans & advances, payment to Govt. Authorities
• Finance – age wise analysis of FG, physical verification, proper classification of non moving stocks, verification of the stock records by appropriate authority and reporting thereof; physical cash custody, minimum & maximum cash limit, surprise check, cash withdrawal note
• Maintenance, review of the DP register and ensuring the DP as per sanctioned limits
• Sales coordination & marketing – recording sales order, price list, invoicing, dispatch, after sales, marketing process, situation analysis, marketing strategy, marketing mix decision, implementation and control
• Identification of revenue leakages, cost management and cost control, overhead control
• Monitoring receivables and payables, agewise analysis, MIS review for expected collection and payment period as per sales and finance policy, ratio analysis, balance confirmations
• Audit of fixed assets, maintaining fixed assets register, computation of depreciation, deferred tax asset and liabilities, preparation of bank and other reconciliation statements, etc
• Finalisation of balance sheets and profit and loss statements, reports, MIS, budgeting, etc
• Review of agreements viz. LLPs agreements, Loan agreements, MOUs, etc
• Internal planning and control, policy formulation, designing work flow system and communication process, interviewing and selecting candidates, drafting scope of work, preparation of estimated quotation and fees
• HR – Requirement assessment, interview, offer letter, appointment, training & development, salary & wage procedure, leave procedure, termination, resignation, reimbursement of expenses, employee recreational policy, grievance handling
• General – permanent information, documentation, secretarial, safety and security measures, legal, outdoor & vehicle

      Taxation

      Direct Taxation:

• Computation of income and tax as per the provision of Income Tax Act and rules; preparation and filing of income tax returns for various entities viz. Individuals, partnership firms, private limited companies, and trust
• Preparation and filing of TDS and TCS returns with NSDL including online payment of taxes
• Assessments – exposure to regular scrutiny and assessments, replying to the notices of the income tax department, attending and supplying the information as required. Exposure to the search assessments, experience of attending the settlement commission hearing, theoretical knowledge of exparte / best judgment assessment
• Exposure to the working and drafting of transfer pricing reports for international transactions
• Exposure to the audit under income tax act and preparation and filing of tax audit reports viz. 3CD
• Assisting in the preparation of form 15 CA / CB, share price valuation using DCF / NPV models
• Advisory role in tax planning, tax savings, interpretation and implication of the provisions of the Income Tax Act

     Indirect Taxation: 

• Preparation of summary reports of sales, purchases and fixed assets, and reconciliation with the returns
• Working for eligible input vat credits / setoff, retention and determining tax payable or refundable, analysing VAT tax rate of various commodities and schedule under which they fall, online payment of VAT, CST
• Preparation and filing of VAT and CST returns viz form 231, III-E; applying for forms viz. C/H/F and regular e-returns annexure, audit report in form 704
• Registration work viz VAT, CST, profession tax, PAN, TAN, Shops and Establishment
• Deduction of appropriate profession tax for employees and employer, working upon tax summary and filing the PTEC, PTRC returns
• Preparation and filing of service tax returns, payment of service tax, worked on exports rebate claim and exposure of visiting excise department, Akurdi, Pune
• Reconciliation of cenvat credit records with financials records with the opening credits, availed, utilised and balance for inputs and capital goods
• XBRL – Preparation of the XBRL instance documents and filing 23ACA and 23AC of listing and premium companies in XBRL mode as per the recent MCAs requirement

     PREVIOUS WORKING :-

• Cost of education: Computation of cost of education as per deemed university norms, SikshanShulkSamiti norms, and presenting to the fee committee and fees regulating authorities
• Preparation of budgets for operational and development activities of the trust / institutions; comparison of with actual and variance analysis
• Preparation of cash flow, fund flow statements and income and expenditure statement for various institution under the trust
• MIS and other reporting viz. Daily cash and bank book, breakeven analysis, fee reconciliation
• Meeting & presentations viz. Fee committee, fee fixation meeting, cost of education, budget meetings, accounts and audit workshops, convocation and other seminars etc
• Monitoring fee receivables, scholarships and collection & refund thereof, taking appropriate measures for fee recovery viz. Notices, calls, letters etc
• Monitoring payables, audit of bills for payment disbursements, validating appropriate statutory deductions, analysing category of suppliers payments viz. capital or expense
• Monthly salary audits for disbursements, ensuring appropriate statutory deduction, review of salary orders, etc
• Scrutiny of general ledger, vouching and verification of documents, bills etc., guiding the concerned account department for rectifying errors, accounts improvisation, proper documentation and passing accounting and audit entries wherever necessary
• Coordination with statutory auditors for audit and balance sheet finalisation.