AJAY JAINFlat No. 708, Tower 1, Parsvnath Majestic, 18-A, Vaibhav Khand, Indirapuram, Opp. Shipra Mall, Ghaziabad (U.P) – 201014, India

Contact: +91 9818453109, 9958787779; +91 120 4124165, E-Mail: jainaja@gmail.com

FINANCE & ACCOUNTS MANAGEROffering 19+ years of well-honed experience; seeking challenging assignments across Finance & Accounts Department

PROFILE

Pro- active and result oriented with over 19 years of experience in all aspects of accounting and finance management. Currently spearheading as Manager (Accounts) with Larsen & Toubro Limited, India.

Demonstrated hands on management style in the development and implementation of strategic plans, to ensure company growth.

Rich experience in conceptualizing & implementing financial/accounting/MIS/ Budgeting procedures, and building internal controls.

Ascertain needs and goals, streamline operations and envision new concepts. Effectively communicate direction and commits people to action.

Core Competencies♦ Financial & Accounts ♦ Cost management ♦ Budgeting ♦ Auditing Statutory Compliance MIS ♦ ♦ ♦ Fund Management ♦ Analytical Skills ♦ General Administration ♦ Cross-functional Coordination ♦ Variance Analysis ♦ Strategic Planning ♦ Internal Controls ♦ Team building

Areas of Exposure Finance & Accounts: Designing and implementing accounting/financial systems & procedures with a view to ensure smooth

accounting operations and facilitate internal financial control. Checking Data, maintaining and scrutinizing statutory books of accounts. Administering reconciliation of debtors / creditors’ statement of accounts. Handling various books of accounts both manually and in computerised environment. Supervising the consolidation of accounts and preparation of financial statements.

Auditing: Coordinating with Auditors and reverting to accounts related issues, finalising Tax Audit; performing analytical review of financial statements, evaluating internal control systems/procedures with a view to highlight shortcomings and implementing necessary recommendations.

MIS: Supervising the fortnightly budgeting and providing relevant information to management by structuring the MIS reports for clients. Generating MIS report regarding all round cost reduction and control etc.

Costing: Establishing strategic Cost management System for monitoring various overheads. Preparing cost statement giving activity wise contribution, fixation of selling price, break-even levels and profitability on full absorption basis to facilitate effective decision.

Statutory Compliance: Interfacing with Taxation department for timely filing of Service tax/VAT monthly returns, TDS, all other Govt. dues & Income Tax assessments. Ensuring adherence to Statutory Compliances applicable to the particular industry.

Fund Management: Monitoring cash flow to review the cash position and forecast funds required for numerous expenses. Taking adequate measures to ensure timely receipt of payments. Managing funds & disbursement of funds, thereby monitoring required equipments /fixed assets/resource mobilization.

Budgeting: Formulating budgets and conducting variance analysis to determine difference between projected & actual results and implementing corrective actions. Tools being used at project sites -monthly Cost statements & JCR (Job cost report).

Business Plan: Contributions in formulating business plans / strategies for maximizing profitability & revenue generation & realize organizational goals.

Achievements Recognized and Selected under Management Leadership Program consistently (in 2012 & 2008) and Supervisory Leadership

Program in 2003; meant for few selected Fast Track employees of L&T to grow with organization.

Spearheaded the complete financial operations in encompassing financial planning, budgeting, accounts, Project financing, costing, overall administration for L&T’s Delhi International Airport T-3 (Contract Value approx. $1.4 Billion) & ATC Tower Project (Contract value approx. $33.3 Million).

Effectively coordinated and ensured favourable working capital throughout the Delhi International Airport project. Aptly managed Workmen Provident Fund & Bonus independently for entire northern region’ sites (approx. 50-60 project sites)

during stint at Delhi Regional office of L&T Ltd. Credit for long pending reconciliation & maintenance of Personnel ledger after joining L&T in 1998 for previous 10 years in 1

month itself. Distinctively recognized as a star performer for ANZ Grindlays bank, earned highest incentive consistently throughout the

employment period.

PROFESSIONAL EXPERIENCE

LARSEN & TOUBRO LIMITED, INDIA since Feb 1998 Manager (Accounts) (Jan 2012 - Till Date) Assistant Manager (Accounts) (Jan 2008 – Dec 2011) Officer (Accounts) (Jul 2006- Dec 2007) Supervisor (Accounts) (Feb 2000 – Jun 2006) Commercial Trainee (Feb 1998 – Jan 2000)

Coordinating as Finance, Accounts & Administration head for L&T’s project sites at DLF-The Crest (Residential Towers) & Delhi Airport’s Air Traffic Control Tower. Managing project account & adherence to statutory compliances.

Implementing systems & procedures; supervising the overall accounts and preparation of financial statements. Checking data, maintaining and scrutinizing statutory books of accounts.

Coordination with client for timely bill processing and payments. Supervising cost control mechanism, monthly review of Cost statement & Job cost Reports to find out variances from predefined

cost targets and initiate corrective measures. Cash flow monitoring and overall Fund management for smooth running of operations at project sites. Encompassing strategic vision and direction to entire Finance, Accounts and Administration team so as to meet the medium and

long term objectives of the organization. Imparting training to managers & executives from technical/financial background on various financial parameters in Executive

Development Programs & also on Corporate governance/Statutory compliances requirements.

Projects Undertaken DLF - The Crest Job Delhi international Airport limited-Air Traffic control tower Delhi international Airport limited – Terminal 3 Delhi Regional Office

Note – Project details are included in Annexure

A & D ASSOCIATES, INDIA June 1996 to May 1997 Sales Executive (June 1996 to May 1997)

Coordinated for opening of various accounts under Home access scheme of ANZ Grindlays Bank.

N C GARG & COMPANY (FCA), CHARTERED ACCOUNTANTS, INDIA July 1995 to May 1996 Accounts Assistant (July 1995 to May 1996)

Coordinated for audit of various Proprietorship, Partnership firms & Companies.

EDUCATIONAL CREDENTIALSPursing ICWA

DipIFRDiploma in International Financial Reporting Standards from “The Association of Chartered Certified Accountants”, United Kingdom in 2015.

Post Graduate Diploma in Business AdministrationSYMBIOSIS, Pune, Maharashtra with ‘A+’ Grade

Bachelors Degree of Commerce Maharishi Dayanand University in 1995 with 65.39% marks & 8th Rank in merit list

Computer ForteCEMa (Construction Enterprise Management), Enterprise information portalDiploma in Advanced Java & Web Technologies from SSI, New Delhi.Diploma in Software Management from ZAD Computer, Rohtak.Conversant with MS Office and possessing working knowledge in a computerised environment

Personal SnippetPassport no : J 3781346 Date of Birth : 07th November, 1975Linguistic Abilities : English & HindiReferences : Available on Request

AnnexureTitle DLF Crest Job -Gurgoan.Client M/s DLF & M/s MACEDuration Mar 2014 - Till DateDesignation Head- Finance, Accounts & AdministrationSynopsis Involved in managing overall Finance, Accounts & administration activities in DLF project. The DLF Crest is

unique fast track project with approx. $ 0.23 Billion contract value & comprises of 06 High rise Towers. It’s a challenging project considering the nature and complex processes involved.

Responsibilities Responsible for overall commercial functions including Stores management & IR matters apart from Finance & accounts activities.

Responsible for processing & finalization of IT TDS/Service tax/VAT monthly returns and submission with Regional coordinators.

Coordination with client for Monthly invoicing, certification & collections after resolution of all queries. Checking and finalization of monthly Cost Statements & Job Cost Reports. Processing monthly Performance Measurement Reports for Management review.

Title Delhi International Airport Limited and ATC Tower.Client M/s GMRDuration September 2007 - Till DateDesignation Head – Finance, Accounts & AdministrationSynopsis Involved in managing overall Finance, Accounts & administration activities at DIAL projects. Delhi International

Airport Terminal – 3 (worth approx. $1.4 Billion) is the biggest airport in India and 4th largest in world with CAT 3 landing system. It has longest Runway in ASIA of 4.04 km width 75 meters, capable to host even A380 Bus. ATC tower is the tallest Air Traffic Control tower in India and 7th largest in the world with unique structure of 102

meters Height.

Responsibilities Responsible for overall commercial activities including all finance, accounts, administration matters. Processing/Preparation of final accounts-P&L, Balance Sheet, Notes to Accounts & Coordination with

Auditors – External as well as Internal. 40(a)(ia) reconciliation and coordination with auditors for periodic accounts, certifications & Tax Audit. Checking and finalization of monthly Cost Statements & Job Cost Reports. Responsible for coordination with various vendors including International vendors to resolve their queries

related to invoicing, taxation, reconciliation and payments on back to back basis. Being world class airport, many International vendors have been involved for supplying the equipments and providing construction services at DIAL T3 airport.

Responsible for processing & finalization of IT TDS/Service tax/VAT monthly returns and submission with Regional coordinators.

Coordination with client for Monthly invoicing, certification & collections after resolution of all queries. Processing monthly Performance Measurement Reports for Management review.

TitleClient Delhi Regional office –L&TDuration Feb 1998 – Sep 2007Designation Officer – Finance & AccountsSynopsis Responsible for entire Delhi region sites’ workmen Provident fund, Bonus, IT TDS matters & reconciliation of

various accounts during periodic final accounts preparation.Responsibilities Workmen Provident Fund & Bonus for entire northern region’ sites – Collection & Compilation of data

on monthly basis, preparation and submission of Monthly & Annual returns, clearance and submission of withdrawal forms etc.

Processing & finalization of monthly/Quarterly IT TDS returns and submission with respective authority. 40(a)(ia) reconciliation and coordination with auditors for periodic accounts, certifications & Tax Audit. Review of final Consolidated Trail Balance before P&L and B/S finalization, preparation of Notes to

Accounts. Reconciliation of Various Receivable & Payable Ledgers: Capital, Revenue, Personnel, Subcontractor,

Client etc. Checking and authorization of various payments to outside parties Including Cash & Bank operations. Funds Management, Preparation of Departmental Budget. Sale of scrap, Assets disposal/Other Claims – Accounting & Invoice preparation. Formwork material

Quantity, Hire charges, Stock reconciliation & accounting. Ensuring compliance of various application Accounting Standards viz. AS-7, 11, 17, 18, 30 etc. Compilation of Qualitative data in respect of all RMC Plants- Sales, Consumption, Capacity, Stock etc.

(Ajay Jain)