UTTAM SAWANT

Insurance Handling : (Reporting to VP – Contract & Procurement)

• To take various Insurance Policies like – Contractors All Risk, Fire, Burglary, Money in Safe & Transit, Fidelity, MBD, Plate Glass, All Risk, EEI, Public Liability, GHI, GPA for Staff & Workers separately, Political Risk Insurance for Overseas Project, Travel Insurance, Directors Liability, CGL etc. for all the 30 + locations of the Co.
• Get various quotes from market through Brokers/Insurer, make comparison, ensure Adequate Coverage/Risk, negotiate with insurer / brokers and get the higher management approvals i.e. Head C&P, CFO and CEO/MD of the Co.
• Involve in various Insurance Claims, Co-ordination with project Team, Surveyor, and Broker till settlement of the claim. Rewarded by Co. by getting settled some of complicated claims and saving of huge amount of premium on various policies.
• To ensure timely Renewal of the policies, Additions/Deletions of Assets/Employees/Workers on regular basis to respective policies.
• Getting maximum discounts on project policies i.e. up to 99.90% and getting placed GHI policies much below the claim ratio by maintaining good relations with Insurer/Brokers.
• Got Stand Alone Terrorism Insurance from Global Market at very cheaper rate.
• Getting Insurance Policies audited from Third party as well as Internal Audit Team of the Co. Also to get Risk Assessment of the the projects, completed properties for the Co. and to ensure its implementation of gaps.
• Adherence of Company Policy and Procedures and Tata Code of Conduct strictly.
• Prepare various Insurance MIS/Presentation for higher management i.e. List of updated Policies, Insurance Premium paid, Claim Status- Settled/Pending Etc.,
• Presentation on Co. wise Location wise Risk Coverage, Claims etc.
• Evaluation of Risk at various functions by appointing Risk Manages and suggest management to cover the risk including overseas projects.
• Interact with Insurance related Internal & IFC audit and fulfill their requirements,

• Handle independently Sale Receivable Accounting for their Shish Griha (Nano) Project,
New Haven (Affordable Housing), Row Houses, Retails Project at Boisar of Rs.500+Crs. Revenue and 3500+ Units.
• Preparing various MIS like Daily/Monthly Sales MIS, Monthly Budget vs. Actual Expenditures.
& Sales , Cash Flow, Overdue, etc. for Boisar Project + Regional Office.
• Process Statutory Payments like Service Tax, TDS, WCT, Service Tax etc. in time, filing
of returns and issue certificates.
• Adherence to the internal standard on various commercial /accounting issues.
• Compliance of Tender/Work Order/Note for Records order conditions as specified.
• Scrutiny of Ledger Accounts and Bank & Branches reconciliation,
• Interact with internal and statutory auditors to get books of accounts audited.
Reporting to GM – Taxation w.e.f. 1.8.2016 to 30.05.2018
• Filling of Tax Returns (24Q) and issue Form 16.
• Preparation of Tax MIS and ensure timely compliance pan India locations/entities.
• Member in GST implementation Team and monitoring/guiding on Registration and
filling of various GST Return etc.
• Processing PO's and payments of consultants' Invoices.
• Guiding, coordinating in scrutiny assessments of all group Companies.
• Assisting in computation of Tax and filing IT returns.

• Books Keeping , Receivables and payables managements for their Lucknow Rod & Bridge Project of NHAI.(Costing of Rs. 250Crs/2yrs.)
• Preparation of Monthly/weekly budget and getting approval of the CMD and monitoring disbursement. Preparation of Budget vs. Actual statement with variance
• Preparation of project wise Cash flow statement and other MIS.
• Making various reconciliation like Store Material, Party Ledgers (Debtors/Creditors), Bank etc.
• To take Insurance of Plant and Machinery, Project CAR, Heavy Vehicles, Workmen Compensation, take care of various Claims.
• Managing statutory liabilities like TDS & Filing of e-TDS return.
• To visit project sites for Internal Audit
• Processing Contractors and Suppliers bills payment.
• Maintenance of Joint Venture firm's Books of Accounts up to finalization.
• Interact with statutory auditors for getting books of accounts audited.:

• Day to day monitoring of accounts department functions at their Corp. Office for all the projects and regional offices team of 8-10 subordinate up to finalization.
• Preparation of Profit & Loss A/c. Balance Sheet, Annual reports including directors report, Notes to accounts, under the guidance of Chief Financial Officer for all group companies.
• To visit sites for establish of accounting procedures and proper maintenance and control of books of accounts.
• To interact with Internal/Statutory/Concurrent auditors for getting books of accounts audited.
• Scrutinizing of Cash, Bank, Journals vouchers, Sub-Contractors, suppliers Bills, general Ledger, Creditors Ledger, debtors Ledgers etc.
• To assist CFO for preparing various Banks/FI's proposal, Monthly, Quartey and Yearly reports including Debts restructuring & CDR proposals.
• Reporting on the areas where systems improvement/policy changes/cost cutting would be required.
• Overall control on accounting softer and made various improvements.

TAXATION:

· Interact with auditors for Tax Audit and prepare Annual Tax Audit report for all Group Companies including preparation of depreciation statement as per Company .Act 1956 & Income Tax Act.1956.

· Preparation of Annual Income-tax Return, Computation of Total Income of Group Companies including CMD & other Director's of the Companies.

· Representing the Companies before JCIT/DCIT/ITO with regards to Income-tax regular assessment also give replies/explanations to their scrutiny assessment etc.

· Fully involved in Group Companies Block Assessment from the day of Search & Seizer to appeal level, attended on all the dates of hearing, prepared replies to questioners with consultation of expert team of C.A's and Advocates.

· Monitoring on statutory compliances like timely depositing TDS, P.F. ESIC and filing of timely returns of the same.

· Preparation of monthly Budget, Budget vs. Actual expenditure,