Tarun Kumar

Corporate finance controller at Ananta Global Hospitality
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Contact Information
Location
Jaipur, Rajasthan, India, IN
Languages
  • Hindi -
  • English -
  • Punjabi -
  • Rajasthani -

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Experience

    • India
    • Hospitality
    • 1 - 100 Employee
    • Corporate finance controller
      • Apr 2022 - Present

      Financial Reporting: Responsible for preparing accurate and timely financial reports that reflect the hotel group's financial performance, including profit and loss statements, balance sheets, cash flow statements, and other financial metrics. Budgeting and Forecasting: Responsible for creating annual budgets and long-term financial forecasts that align with the hotel group's strategic goals and objectives. Risk Management: Responsible for identifying and managing financial risks, including currency and interest rate risks, as well as credit and liquidity risks. Financial Analysis: Responsible for analyzing the financial performance of individual hotels within the group, identifying areas for improvement, and providing recommendations to senior management. Tax Compliance: Responsible for ensuring that the hotel group is compliant with all local tax laws and regulations, including filing tax returns and paying taxes on time. Internal Controls: Responsible for establishing and maintaining strong internal controls over financial reporting to ensure that the hotel group's financial information is accurate and reliable. Strategic Planning: Responsible for providing financial insights and recommendations to senior management to support the hotel group's strategic planning process. Treasury Management: Responsible for managing the hotel group's cash and liquidity, including managing bank accounts, cash flow forecasting, and investing excess cash. Compliance: Responsible for ensuring that the hotel group is compliant with all relevant financial regulations, including accounting standards and financial reporting requirements. Stakeholder Management: Responsible for building strong relationships with key stakeholders, including investors, lenders, and regulators, to ensure that the hotel group's financial performance is understood and supported. Show less

    • Corporate Finance Controller
      • Mar 2019 - Dec 2021

      ● Developed and implemented procedures and control systems for effective data accuracy in reporting. ● Fund Management through forecasting and ensured adequate fund availability for smooth operations. ● Ensured effective control of operations by tracking Budget with actual and highlighted variances through effective analysis. ● Co-ordinated with other Units/departments and prepared Budgets, Forecasts and comparison with actual. ● Determined financial objectives; designed & implemented systems, policies & procedures. ● Analyzed monthly financial statements. ● Managed cash flow for the company. ● Managed the overall Treasury of the company by monitoring the collections, handling the disbursements to the suppliers ensuring that funds are not kept idle and effectively being utilized for proper functioning of the company. ● Filed direct & indirect tax returns ● Appeared before regulatory tax authorities for assessment. ● Established strategic cost management systems / techniques for monitoring overheads and achieving maximum cost control in operations. ● Prepared Annual Business Plan in consultation with various Units/departments to align with company objectives and its presentation highlighting important milestones and key objectives. Show less

    • Staff Auditor
      • Apr 2016 - Feb 2019

      ● Internal Audits, Statutory Audits, Tax Audits and Bank Audits ● Direct & Indirect taxation ● Finalization of Financial Statements of Public & Private Companies. ● Public Accounting ● Prepared project reports. ● Internal Audits, Statutory Audits, Tax Audits and Bank Audits ● Direct & Indirect taxation ● Finalization of Financial Statements of Public & Private Companies. ● Public Accounting ● Prepared project reports.

    • India
    • Hospitality
    • 100 - 200 Employee
    • UNIT FINANCE CONTROLLER
      • Sep 2012 - Apr 2016

      ● Prepared monthly financial statements and financial ratios. ● Managed cash flow and maintained proper books of accounts. ● Controlled Accounts, MIS, Budget, Insurance, Taxation. ● VAT, ITDS, Service Tax, FBT returns. ● Prepared & maintained statutory books of accounts, reconciliation statements, fixed assets registers and financial statements ● Monitored the status of debtor balances and following up for payment recovery & determining the accounts payable position for making timely payments to creditors. ● Prepared projected P&L Account and Balance Sheet ● Prepared asset registers ● Conducted physical verification of stock in trade with stock in books and implemented effective inventory control methods. ● Implemented cost management initiatives, monitored overheads & achieved maximum cost control. ● Formulated Capital and Revenue Budget and conducted variance analysis difference between projected & actual results & implemented corrective actions. ● Filed direct & indirect tax returns Show less

    • CA Article Assistant
      • Jan 2008 - Dec 2010

      ● Involved in various assignments of Bank, Statutory, Internal and Tax Audits ● Accounting and audit of Hospitality and manufacturing industry. ● Involved in various assignments of Bank, Statutory, Internal and Tax Audits ● Accounting and audit of Hospitality and manufacturing industry.

Education

  • The Institute of Chartered Accountants of India
    Intermediate in Chartered Accountancy, Accounting and Finance
    2005 - 2010
  • Bikaner University
    B.Com, Commerce
    2002 - 2005
  • D.A.V. School
    senior secondary, commerce

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