Himanshu Kothari

Himanshu Kothari

Manager Finance at Subah Restaurant Management Services
Lives in Abu Dhabi, United Arab Emirates
over 6 months ago

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Experience

  • Manager Finance

    Subah Restaurant Management Services - Abu Dhabi, United Arab Emirates

    Finance/Accounting
    January 2017 - Now

     Managing and driving the account team in order to achieve and exceed targets.  Working closely with accounts manager to strengthen key areas and target financial growth.  Creating and working to financial Growth Plans.  Gathering and presenting key data like MIS, Investment plan to the Board of Directors.  Ensuring that all financial controls for the division are met and adhered to at all times.  Giving advice, guidance and support on all financial matter to the Company Directors.  Preparation of foreign remittance documents, and negotiation with banks for better conversion exchange rate.  Preparation of Financial data related to quarterly Board meeting.  Negotiation with aggregator for better rate.  Managing and controlling Internal audit function.  Preparing and Interpreting Financial Reports, undertaking research with regards to pricing, competitors and factors affecting performance of the company  Preparation of Budget and Budget Analysis for the future reference of the Management and provide Long-Term Analysis Report

  • Manager Finance

    Nextenders India Pvt - Mumbai, India

    Finance/Accounting
    April 2016 - December 2016

     Accounting system under VAT, scrutinized. Proper classification/ grouping with appropriate chart of accounts suitable for VAT regime and also directing accounts team for preparing the VAT return to Tax Authority.  In order to incorporate the changes in the billing, accounting and other administrative procedures to comply VAT formalities, necessary guidance to accounts team.  Managing and driving the account team in order to achieve and exceed targets.  Working closely with accounts manager to strengthen key areas and target financial growth.  Creating and working to financial Growth Plans.  Gathering and presenting key data like MIS, Investment plan to the Board of Directors.  Ensuring that all financial controls for the division are met and adhered to at all times.  Giving advice, guidance and support on all financial matter to the Company Directors.  Presently handling finance and accounts of onsite project situated at Mauritius and Botswana, e-procurement projects of the Company.  Preparation of foreign remittance documents, and negotiation with banks for better conversion exchange rate.  Preparation of Financial data related to quarterly Board meeting.  Negotiation with aggregator for better rate.  Liasoning with internal Auditor to complete the same.

  • Finance, Accounts and Compliance Manager

    Musafir.com India Pvt Ltd - Mumbai, India

    Finance/Accounting
    June 2015 - April 2016

     Accounting system under VAT, scrutinized. Proper classification/ grouping with appropriate chart of accounts suitable for VAT regime and also directing accounts team for preparing the VAT return to Tax Authority.  In order to incorporate the changes in the billing, accounting and other administrative procedures to comply VAT formalities, necessary guidance to accounts team.  Working of TDS and Service Tax liabilities and payment on due date.  Preparation & filling of Quarterly E – TDS Returns.  Preparation of Service Tax Challans and Service Tax Returns Audit & Internal Control:  Managing the complete planning and management activities for ensuring completion of various internal audits within the time and cost parameters; preparing audit programs, scope for audit and responsible for delegation of work to subordinates.  Evaluating internal control systems / procedures, preparing audit reports with a view to highlight the shortcomings and implementing necessary recommendations.  Providing recommendations on internal control and process improvement; delivering final presentation before Audit Committee Meetings.  Liasioning with Internal Auditor, Statutory Auditor & IFRS Auditor to complete the same.  Preparation of Arm’s Length Transfer Pricing report in form 3CEB. Accounts:  Maintenance of Books of Accounts in XL Webpro Package.  Responsible for maintenance & finalization of Accounts from bills receipt, proper accounting, payment part, TDS & other statutory matters.  Periodic scrutiny of debtors’ ledger, creditor’s ledger & expenses ledger.  Responsible for bank reconciliation of all banks.  Responsible to see that proper maintenance of PF Records, Salary & wages record is done.  Responsible to see proper and timely deduction of TDS, Provident Fund & Professional tax & payment of the same within the specified time limit.  Employee advance account reconciliation  Computation of tax liabilities and filing of annual returns of Individuals, Partnership Firms, Private Limited Companies  Responsible for preparation of Balance sheet as per Schedule VI of Companies Act.  Revaluation of Debtors, Creditors & Bank Facility.  Calculation of PLB Incentives Airline wise  Negotiation with Bankers related to Payment Gateway & Its related charges.  Preparation of Monthly Key Figures and also preparation of Profit & Loss and Balance sheet on monthly basis Finance:  Managing several key financial accounts.  Reviewing financial and budgetary data and streamlining areas to maximise potential profits.

  • Asst. Manager Accounts and Taxation

    Gitanjali Gems Limited - Mumbai, India

    Finance/Accounting
    August 2011 - May 2015

    Accounts:  Maintenance of Books of Accounts in Tally 9.0 ERP & Diamond ERP Package.  Responsible for bank reconciliation of all banks.  Responsible to see proper and timely deduction of TDS, Provident Fund & Professional tax & payment of the same within the specified time limit.  Responsible for preparation and submission of quarterly E – TDS Returns of Salary, Contract Charges, Job Work, & Consultancy.  Periodic Scrutiny of all ledgers.  Finalization of Accounts.  Computation of tax liabilities and filing of annual returns of Individuals, Partnership Firms, Private Limited Companies  Executing online Banking Transactions.  Responsible for preparation of Balance sheet as per Schedule VI of Companies Act.  Revaluation of Debtors, Creditors & Bank Facility. Taxation:  Preparation & filling of Quarterly E – TDS Returns.  Preparation of Sales Tax Returns  Preparation Details of Block Assessments for Income Tax Dept. to be submitted to Central Circle, Mumbai M I S:  Preparation & verification of Cash Flow Statements on day to day basis, analysis of the same & submission of the same to the management.  Preparation of monthly Profit & Loss Statements.  Preparation & Submission of Monthly Sales Report, Expenses Reports,  Preparation of MIS, Revaluation of Export Debtors, Import Creditors and Bank Facilities.  Verification of Closing Stock Statement

  • Senior Accounts Manager

    Haresh P Kothari Chartered Acc - Mumbai, India

    Finance/Accounting
    June 2000 - August 2011

     Conducting routine audit of the company's functioning and reporting outcomes to the designated higher authorities.  Special Assignments - manual preparation, special audit assigned by the clients, from time to time.  Preparing documentation for audit observations and the conclusions derived.  Handled entire financial and statutory compliance management functions related to various laws and statues.  Performed consolidation of subsidiaries and generated Profit & Loss Account, Balance Sheet and Notes to Accounts.  Prepared schedules and details as per accounting policies.  Ensured timely pay outs of bills along with obtaining vendor confirmation.  Coordinated for timely completion of statutory and internal audits in compliance with corporate policy and guidelines.  Generated MIS for various ongoing projects, cash flow. Other Core Competencies Finance & Accounts:  Designing and implementing systems & procedures; supervising the consolidation of group accounts and financial statements as per Indian standards.  Following up for accounts receivables after invoicing to debtors, conducting ageing analysis with an aim to keep receivables under control and collections of payments.  Submission of periodically statements i.e. Stock Statements, Debtors Statements, MSOD Statements.  Preparing of CMA Data and Project Report in consultation with consultant. Banking Operations:  Managing banking operations, providing complete range of banking services for smooth functioning.  Implementing service standards and guidelines that serve as benchmark for excellent service delivery thereby contributing towards enhanced service and revenue generation. Project Finance & Treasury:  Raising & managing the project bank finance like Term Loan, Corporate loan, Cash Credit, Overdraft, L/C, Bank Guarantee. Fund Sourcing & Control:  Raising, Liaising and negotiating with banks and financial institutions for raising fund and non-fund based facilities to meet working capital and project requirements.  Controlling of MIS for Bank Position, Debtor’s Management, monitoring of funds. Projects Handled:  Astavinayak Cinevision Ltd. – Working Capital  Sai Point Cars Pvt Ltd. – Working Capital & Term Loan  Waaree Energy Ltd. - Working Capital & Term Loan  Sai Point Automobiles Pvt Ltd. - Working Capital & Term Loan  Dhara Petrochemicals Pvt Ltd. - Working Capital & Term Loan  Print India. - Working Capital & Term Loan  Synery Infrastructure - Working Capital & Term Loan  Shiv Shakti Developers - Working Capital & Term Loan  Thakkars Stardom Events Pvt. Ltd Working Capital & Term Loan and many more.....

Education

  • MBA - Finance

    Manomaniam Sundernar University - Tirumangalam, India

    January 2011 - December 2012

    Specialized in Finance secured 64%

  • B.com

    University of Mumbai - Hospitality and Tourism Management - Mumbai, India

    April 1996 - May 2000

    Commerce Graduate with specialized in Accountancy

Languages

  • English
    Full professional
    80%

Skills

  • Auditing
  • Budgeting
  • Compliance
  • Financial analysis
  • Financial management
  • Management Reporting
  • Navision ERP
  • TAXATION
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