Paul Chandra Kumar
CMA with Experience of 10+ Years
My Requirement
My Details
Academic
ACADEMIC CREDENTIALS
AICWA from Institute of Cost and Works Accountants of India in 1993.
B.Com. from D.G. Vaishnav College, University of Madras with 82% in 1990.
Skills & Expertises
IT & OTHER SKILLS
Well versed with Agiler, Tally, Orion ERP, Menapay Payroll Package, MS Office 2016 (Word, Excel & PowerPoint) and Financial Accounting Packages in Oracle 10 i.
Selected as Project Manager for Implementing Solomon IV Software, Y2k Coordinator in Caltex Spic, Orion ERP Coordinator & Menapay payroll package implementation team member.
Conducted Classes For TPL Ltd.’s Personnel, Biotech Division’s Personnel, in International Labour Organisation (ILO) Organised Seminar, etc.
Projects & Trainings
INDUSTRIAL TRAINING
Organisation: Simpson & Co. Ltd., Chennai
Department: Accounts / Finance / Costing, Taxation and Other Related Departments
Work Experience
As Chief Financial Officer / Finance Director of Craigmore Plantations (India) Private Ltd. and its Group
Ø Financial reporting - Indian GAAP & IFRS Financials for 3 Companies MIS, Budgeting & Costing and Cost of Production and Variance analysis– Lead preparation of Annual Budgets & Forecasts
Ø Financial Planning and Analysis
Ø Monthly Management Accounts
Ø Financial controlling of Sister Companies
Ø Banking and Treasury functions for the Company and its Sister Concerns
Ø Compliance with direct and indirect tax laws including GST
Ø Compliance with labour and plantation laws (due to a workforce of 1500+) and other laws
Ø Liaising with government officials at the local and state level
Ø In charge of procurement of all materials for the Group after due negotiations with various suppliers
Ø Logistics management
Ø Export Operations including Exports benefits, procedures and documentation
Ø Administration of the Company including Hospital and 3 Govt. aided schools run by this Company and as such liaise with the Government in this regard.
Ø Effective checks and controls over estate/department stores etc on a regular basis including review of data, visits and internal controls
Ø Internal Audit Coordination
Ø External Audit Coordination
Ø Secretarial Compliance
Ø Conducting Board Meetings including through video conferencing
Ø Sales and Invoicing Management
Ø Treasury Management
Ø GST Compliance and Audit
Ø Investment and Portfolio Management including Gratuity Trust
Ø Legal Matters – Property related and HR related
Ø Administrative Control of Estates, factories and other Infrastructure
Few Achievements:
Financial Inclusion of all employees post De-monetisation and modification of Systems for 100% transactions through e-banking
Agiler Software Implementation and product development to incorporate GST aspects
GST – Restructuring of operations including Sister Company Operations
Shares Buyback
Balance Sheet Clean-up
Undertook Factory Costing System and set Parameters for Variance Analysis
Executive Personal Income Tax restructuring
Portfolio / Investment Management
Handled Legal cases on land matters / HR related cases
PF UAN Compliance
Introduced SOPs for the entire Company including Checkroll & PF, Sales & Invoicing, Treasury Management, Statutory Compliance manual, EDP operations, Costing & Budgeting, Hospital Administration, Estate Management, Factory Operations etc.,
As Assistant General Manager (Finance) / Chief Manager (Corporate Finance)
Reviewing and finalising the Accounts for company as a whole including CFS upto Publication of Financial Results in Newspapers and Compiling Annual Report.
Functioning as a Team Member and Team Main Coordinator for SAP Implementation in SPIC.
Steering the activities of Corporate Finance division consisting of Budgeting, Banking, Treasury & Insurance, Management Establishment Cell, Management Assurance Group, Overseas Projects & Taxation Department.
Monitoring cash flow statements, corporate budget compilation and presentation for board approval.
Accountable for Drafting / Vetting Directors report / Corporate Governance report / Management Discussion & Analysis.
Ensuring tax compliances like TDS, Service Tax Aspects, etc. and coordinated with corporate taxation.
Attending board presentation & approvals and managing IFRS convergence coordination.
Carried out critical variance analysis & monthly review of divisional performances (Budget v/s Actual & Month-to-Month Actual Variances).
As Senior Manager (Finance)
Accomplished special tasks recently involving XBRL compliance; Revised Schedule VI compliance and Corporate Debt restructuring.
Undertook corporate capital budget review with analysis.
Ensured Compliances for Statutory Audit Coordination for company as a whole as well as followed up secretarial compliances including SEBI guidelines and listing agreements.
Managed corporate investments / divestments, group companies & parties A/C review & followed up for collections, corporate fixed assets management including Revaluation/ Sale, Cash & Treasury Management.
Monitored accounting system for departmental cost centres, handled convening budget & RCN review meetings.
Managed FC (Financial Concurrence) notes scrutiny and looked after MIS reports compilation - Vetting / Scrutiny of Various Contractual Agreements.
At Indo Jordan Chemicals Company Ltd., Jordan
Headed entire Site Finance & Systems function of Eshidiya Chemical Complex.
Entrusted with the key responsibilities of Site Finance encompassing:-
o Management of entire plant site finance activities of the chemical complex ranging from monthly accounts compilation and critical review with all parameters / budget; costing and cost of production reckoning.
o Ensuring compliance with IFRS as well as UCP; coordinated with Vendors & Bankers on LC issues.
o Opening LCs for raw materials & stores and worked on LC documentation & scrutiny.
o Reviewing pricings and negotiated Forex payments.
o Processing manufacturing module in Orion ERP for monthly COP (cost of production).
o Scrutinising financial concurrence notes for procurement of raw materials, spares, consumables, chemicals & capital goods & work orders; handling multi-currency accounting, inventory management & valuation.
Undertook insurance coverage review and entered into insurance contracts, & insurance claims.
Processed stock ledgers & review and involved in carrying out age wise analysis, budgeting, variance analysis and administrative expenses review.
Monitored establishment finance activities including monthly payroll processing in MenaPay payroll package.
Coordinated with HR for salary revision, bonuses & additional salary, complying income tax rules, etc.
Invoiced Acid Sales & LC Documents Scrutiny & Confirmation with UCP compliances – Treasury Management.
Managed Projects Capitalization - Fixed Assets Management.
As Deputy Manager (Finance) / Assistant Manager
Supervised the Corporate Finance & Corporate Budget Related Activities including Monthly Consolidation of 9 divisions.
Deftly handled accounts for Limited review & Annual Corporate Accounts preparation for Company as a Whole (right from division wise consolidation & Consolidated Financial Statements upto Publication of Financial Results In News Papers / Compiling Annual Report data).
Involved in preparing Cash flow statements as well as accounting for:-
o Corporate Investments, Group companies & Parties a/c reconciliation.
o Corporate Fixed assets including Revaluation, Cash & bank Payments Management
Effectively executed the task of maintaining Computerized FC System Linking Budget, FC and Payments; Inter divisional transactions & Reconciliation; generation of cost centre reports; capitalisation from WIP, OSL Provisions, LC’s Signing, Tour Accounting, Imprest Accounting for various locations.
Actively took part in techno–commercial negotiations; functioned as Coordinator for Outsourced Information Technology (IT) Requirements.
As Finance Officer in Petroleum Division
Effectively carried out the key duties entailing:-
o Project Finance, Budget Control, handling Financial Concurrences and Project Accounting Related Activities, payments, billing, etc.
o Accounted for Projects Capitalization; solely capitalized 3 Projects at 3 different locations in different dates - Hive off & accounting; managed Bottling Plant & Commercial Operations.
Successfully facilitated the development of Computerized Systems for:-
o Fixed Assets Register System; formulated Unique Accounting Codes and Revenue Accounting System - Sales Tax Aspects, IFST Deferral, EPCG, etc.
o Sales and Invoicing System - Stock Accounting System and Computerized Inventory Management.
o Handled a special assignment that involved drafting the LPG Distributors agreement.
Commenced Career
Apr’94 - Jul’94: Tamil Nadu Industrial Investment Corporation, Tamil Nadu as Loan Administrative Officer - Officer (Finance)
A State Financial Corporation, Govt. of Tamil Nadu
