Ajit Kumar Shaw

About Ajit Kumar Shaw

I am a Chartered Accountant having experience in accounts, finance, taxation etc: Working closely with MD & CFO to designing and executing business strategies to ensure achievement of organization’s goals. Collaborating with Cross-functional Department Heads to provide insightful financial data about the performance of the Company and forming strategies to scale up the business of the Company. Preparation of Budget and rolling forecast to analyse comparison with budget. Preparation of MIS and variance analysis. Implementation of Indian Accounting Standard (Ind AS) Managing cash flow of the Company with effective working management Finalization of Financial Statement and Consolidation of Holding, Subsidiary companies.Email = s••••••••@gmail.comMobile = 79••••••69

Experience

1. Assistant General Manager Finance

   Suraksha Diagnostics

   Jul 2024 — Present · Kolkata, IN

   Preparation and Finalization of Standalone financial statement in compliance with IGAAP/IND AS on a monthly, quarterly and yearly basis. Finalization of Consolidated financial statement with 6 subsidiaries as per Ind AS. Closure of statutory audit. Preparation of Board presentation deck and presenting in the Board meeting as support to CFO. Design and implementation of robust internal control (RCM, SOP, DOA matrix etc.) to ensure governance & prevention of fraud etc. Handling Internal Audit and Internal Financial Control Audit and implementation of suggestion made by auditors. Handled treasury function (Raised fund based & non-fund based debt from banks at competitive rate, arranged factoring to fund supply chain, finalized term sheet, CMA Data, Credit Rating, UFCE, Stock Statement etc.) Ensuring timely and accurate preparation and filing of quarterly and annual financial results as required by SEBI\'s LODR (Listing Obligations and Disclosure Requirements) Regulation. Managed the entire working capital cycle, optimizing cash flow, receivables, and inventory to improve operational efficiency. Liquidated aged inventories and brought the inventories to optimized level by aligning procurement and sales team. Presentation of monthly MIS to CFO & MD with variance analysis vs budget and previous period and identifying the reason for variances and providing measures to mitigate the same if any. Handling and closure of Tax Audit, filing of Income Tax Return, Income Tax Assessment, TDS Return etc Ensuring compliance with GST in terms of filling of various returns, refund application, GST assessment etc. Managed search and seizure operations under Section 132 of the Income Tax Act effectively. Initial Public Offering (IPO)-preparation of Restated Financial Statements, Abridged Prospectus, Financial Trackers, Working Notes, Schedules and Internal Control. post-listing compliances, including quarterly results and investor reporting

Education

• INSTITUTE OF CHARTERED ACCOUNTANT OF INDIA

  CA, Accounts and finanace

• SVKM's Narsee Monjee Institute of Management Studies (NMIMS)

  PGDBM, Finance and Financial Management Services

• Udemy Alumni

  Diploma in IFRS, Accounting and Finance

• NMIMS

  PGDBM-FM, Business Administration and Management, General

  2020 — 2022

• BETA Insight Professional Academy

  Financial Analyst, Finance and Financial Management Services