ca. sumit lath_finance manager
TRANSCRIPT
CA. SUMIT LATH E.mail : [email protected]
B.Com (H), CA, CS, CMA [email protected]
The Beaumont, 8, Shek Kok Road, Mob. No.: (+852) 5365 4395
Lohas Park, Hong Kong Whatsapp No.: (+852) 5365 4395
Skype Id: sumitlath2
QUALIFICATION
2016 Associate membership from CPA Australia. 2013 Diploma (JAAIB & CAAIB) in Banking & Finance from “Indian Institute of Banking and Finance”. 2012 Cost and Management Accountant from “The Institute of Cost Accountants of India”. 2011 Chartered Accountant from “The Institute of Cost Accountants of India”. 2010 Company Secretary from “The Institute of Company Secretaries of India”. Bachelor in commerce from University of Calcutta, India.
EXPERIENCE
June, 2015 – Till Now Finance Manager with Must Garment Corporation Limited, Hong Kong. July, 2013 – May, 2015 Finance Controller with Dufil Prima Foods PLC, Nigeria. April, 2012 – June, 2013 Credit Manager with The Federal Bank Limited, India. Mar, 2011 – Mar, 2012 Manager – Audit, Tax & Compliance with M/s Mukesh Choudhary & Associates, India. Sep, 2007 – Feb, 2011 Audit Assistant with M/s Mukesh Choudhary & Associates, India.
PROJECTS
MUST GROUP
Implementation of First Sale Rule of US Custom
Transfer Pricing Documentation.
Restructuring of a USA Based Company.
Review of Employment Contract of Managerial Staff.
Software Asset Management.
Property Management.
Upgradation of Accounting Software.
DUFIL GROUP
Implementation of IFRS.
Credit Rating for issuing IPO.
Intercompany Tax Planning and pricing of the products.
Financial and Legal Due diligence.
FEDERAL BANK
Reduced TAT for Loan application.
Explored Wealth Management Service for the Customers.
Compare Products with the Market.
M/s MUKESH CHOUDHARY & ASSOCIATES
Implementation of Software for all the Return fillings.
TRAININGS
IFRS Training from Deloitte, Nigeria.
15 days training for Credit Processing from The Federal Bank Limited.
Scholarship from ICAI & ICSI.
Awarded Rajya Purashkar in Scouting.
Computer Trainings from ICAI.
PERSONAL DETAILS
Date of Birth: 10th Nov, 1990
Languages known: Basic Cantonese, English, Hindi, Bengali and Rajasthani
Permanent Address: 31, Ratu Sarkar Lane, Kolkata – 73, West Bengal, India
Passport Available
JOB DESCRIPTION IN DETAIL
EMPLOYMENT
DETAILS
Working with Must Garment Corporation Limited as a Finance Manager in Hong Kong from June, 2015
Must Garment Corporation Limited is an International company with more than 15,000 employees supporting the company’s business of manufacturing and supplying high quality Garments to top brands in the US and European Market. Walmart, JC Penny, Macy, Aeropostale, GAP and Belk are major customers.
The Company has a registered office in Hong Kong and offices in USA, China, Bangladesh and Bahrain. The group has a global presence with exports over 35 million Garments annually. The company has a turnover of approximately USD 300 Million.
Job Responsibilities
Fund Management.
Review of the Financials of Factory.
Budget Preparation.
Variance Analysis against Budget.
Consolidation of the Group Financial and Reporting to Group CFO.
Support to Fabric and Shipping Team in the negotiation and operational difficulties.
Worked with Dufil Prima Foods Plc as a Finance Controller at Lagos, Nigeria from July, 2013 to
May, 2015.
Dufil Prima Foods Plc is the largest manufacturing company of Instant Noodles in Nigeria having
a market share of 70% and turnover of Naira 90 Billion (USD 450 Million). The Company have
manufacturing units of Noodles, pasta, Flour, packaging material and palm oil situated in Nigeria.
Job Responsibilities
Monthly closing of Accounts, MIS Reports, Budget preparation of individual units, monthly
performance against budget and strategy for cost control for the coming months.
Coordinating with the Audit Team of Deloitte and E & Y for Internal and Statutory Audit.
Negotiation with the Bankers and Suppliers.
Closure of monthly Accounts and reporting to management.
Coordination with Singapore team and reply to audit related queries.
Balance Sheet Review
Raw material Planning
Production Strategy
Worked with The Federal Bank Limited as a Credit Manager at Mumbai Credit Hub from April, 2012 to June, 2013.
Job Responsibilities:-
Personal discussion with clients to gather complete information for taking final Credit
decision.
Analysis of Financial Statements to check the eligibility of loan amount and his credit
worthiness.
Mitigate risk through detailed Credit Analysis, Credit Rating Investigations, Repayment
Capacity and Security Analysis.
Compliance with various notification and guidelines of RBI and Bank.
Worked with M/s Mukesh Choudhary & Associates, a Chartered Accountant Firm, as a Manager – Audit, Tax & Compliance at Kolkata from March, 2011 to March, 2012. Job Responsibilities
Finalization of accounts of the corporates.
Preparation of Projected Financial Statements and Project Report.
Statutory Audit, Tax Audit, Bank Audit and Internal Audit of different concerns.
Handled Tax Assessment for Corporate and Non-Corporate Assesses.
Compliance with Companies Act, Accounting Standards and Auditing Standards.