Praveen Somani

Head Of Procurement - Projects at Kanha - Sanwaria Sweets Private Limited
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Contact Information
Location
Jaipur, Rajasthan, India, IN
Languages
  • English Professional working proficiency
  • Hindi Native or bilingual proficiency
  • Marwari Native or bilingual proficiency

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5.0

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Raghavendra BN,PMP®

Praveen is a goal oriented Manager who actively maintains relationships within and outside the organization, he is a determined person and works hard to timely achieve the set targets, he pays attention to his subordinates and empowers them to achieve their full potential. He is an asset to any company that he works for ,a great colleague ,a good thoughtful Manager. I had the pleasure of working with him for 3 years at the Sanwaria projects ,collaborating on several project teams, he is having the ability to handle multiple projects was unlike any I have seen before, no matter how tense a meeting he made sure everyone left with a smile. As a team member or a leader ,he earns my highest recommendation.

Satyam Poddar

‘Exceptionally Technical Sound & Efficient’ is the phrase that comes to mind when I think about Praveen. He has ability to juggle multiple tasks with dedication. Any employee would be lucky to have "Passionate Praveen" as a Manager who has capability to establish dramatic difference in productivity level of the Team.

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Credentials

  • General Management and Communication Skills Course
    Institute of Chartered Accountants of India
    Jun, 2013
    - Sep, 2024
  • RS-CIT | Rajasthan State Certificate of Information Technology
    Rajasthan knowledge Corporation Ltd. (A Joint venture of Government of Rajasthan)
    Feb, 2012
    - Sep, 2024
  • Understanding Information Technology in the Corporate Environment
    Aptech
    Sep, 2010
    - Sep, 2024
  • Information Technology Training
    Institute of Chartered Accountants of India
    Apr, 2009
    - Sep, 2024
  • Third Stage Scout
    The Rajasthan State Bharat Scouts and Guides
    Mar, 2004
    - Sep, 2024

Experience

    • India
    • Appliances, Electrical, and Electronics Manufacturing
    • 1 - 100 Employee
    • Head Of Procurement - Projects
      • Apr 2019 - Present

    • India
    • Mining
    • 300 - 400 Employee
    • Finance Manager
      • Apr 2018 - Apr 2019

    • India
    • Staffing and Recruiting
    • 1 - 100 Employee
    • Manager - Finance and Accounts
      • Jan 2017 - Jan 2018

    • India
    • Mining
    • 1 - 100 Employee
    • Officer - Taxation and Accounts
      • Apr 2015 - Dec 2016

      •Computation of service tax liability under forward charge and reverse charge mechanism (RCM).•Data Compilation for half yearly service tax returns and reconciliation between returns and accounts.•Monitoring the receivables from Tax authorities. Data preparation for them (Ex. EA 2000 Audit)•Monitor applicability and payment of Service Tax on financial transactions of the Group Companies.•Evaluation of invoices (Sale and Purchase) from service tax liability point of view.--•Handled complex TDS Issues Specially U/s 195, U/s 44BB.Ensure compliance w.r.t. Form 15CA and 15CB for foreign remittance.Preparation of 3CA & 3CD for tax Audit Purpose. Data Compilation for filing of TDS Return Form 26Q and accounting for TDS receivable and payable.--PF, ESI, PT liability computation, deposits, returns.Deduction of taxes from salaries and co-ordinating with HR dept. Data Compilation for TDS Salary Return Form 24Q and timely Issue of Form 16.Answering to queries of employees’ w.r.t. Income tax on salaries.--Fulfilling reporting requirement of top management, as required (viz. SBU Wise Performance Analysis).Preparation of monthly MIS (Trial Balance, Profit & Loss A/c, Depreciation and Provision for Expenses).Segment accounting and fixed asset accounting (division wise).Reconciliation of AR / AP (aging thereof).Posting of Vendor's Invoices after necessary checks and Reporting to seniors if found excess charged.Evaluate and Report L1, L2, L3 (Lower cost vendors) to accounts and purchase, for PO confirmations. Assist in costing processes.--Prepare audit documentation and liaise with external auditors and internal auditors.Continuous Training to the Accounts team and Indirect Tax team to the new regulatory updates in the era of Negative List of Services.Working on Microsoft Dynamics Navision System and enabling ERP system with the new regulatory updates and testing thereof before update goes live.

Education

  • The Institute of Chartered Accountants of India
    Master’s Degree, Chartered Accountant (CA)
    -
  • Institute of Company Secretaries of India
    Master’s Degree, Banking, Corporate, Finance, and Securities Law
    -
  • University of Rajasthan
    Post Graduate Diploma in Tax Practices, Tax Law/Taxation
    -
  • University of Rajasthan
    Bachelor’s Degree, Business/Commerce, General
    2007 - 2010

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