Jasbir Singh

Competent & result-oriented Professional with more than 15 years of cross-functional experience in FPA, Accounting, Budgeting & Costing, and External Audit of manufacturing concerns. And experience to deal with Big 4 firms

Asst. Controller                                                                 Apr-22 to till date

Escalon Business Services Pvt Ltd.

Mohali(Punjab) India

Job Descriptions

Support clients onsite and in a virtual environment with daily business activities. Work with various industries in the day-to-day details as well as analyze the business from a high level while providing superior consulting services.

Responsibilities:

• Manage client expectations in terms of F&A, forecasting, payroll activity
• Communicate and collaborate with internal departments (service lines) to ensure client expectations are met
• Complete comprehensive onboarding and off-boarding of clients
• Provide oversight and guidance to clients and teams regarding HR, Benefits, and Payroll
• Direct and plan the preparation of reports that summarize and forecast company business activity and financial position, based on past, present, and expected operations
• Prepare special reports by collecting, analysing, and summarizing information and trends includes client specific management reports and Board Packages
• Provide Monthly analysis of business results, finance, and operating metrics, and BvsA analysis
• Guide financial decisions by establishing, monitoring, and enforcing policies and procedures.
• Protects assets by establishing, monitoring, and enforcing internal controls.
• Monitor and confirm financial condition by conducting audits, providing information to external auditors and tax accountants
• Involvement in due diligence, and other projects, as needed
• Comply with federal, state, and local legal requirements, enforcing adherence to requirements, filing financial reports, advising management
• Cross Sell and upsell the Escalon service line
• Tax Compliance for Sales & Use tax, 1120, 1099 Filling and DE Filing.

Finance Controller,                                                              Sep-2020- Apr-22

Tamarack Freight Limited (Under Backzone Consultancy Services Pvt Ltd)

Mohali,

Key Responsibility: -

Managing the Group companies in CANADA within the umbrella of Tamarack group, a trucking company that operates within CANADA and Mexico (USA). The key responsibility area is to manage their bookkeeping in Canada and manage the business of “BZ” India as KPO Service provider,

To handle the team of 9 Accounts members, I am responsible for the transformation of the previous two years’ accounts as per the accounting standards usually applicable worldwide.

Managing the task related to AR- Billing and collection

Managing the task of Accounts Payable and Drivers payroll, based on various parameters under the “Fleet Manager” Software. Managing the staff Payroll for LMIA, PR and Canadian Citizens, as submitting the PD7A Report on a regular interval

Accounts Manager,                                                              July’2019-To Aug 2020
Gecat Plastic Factory Ltd (GPF), (Hajjan Drilling Co.) Saudi Arabia 

Job Status--(Family Status)

Reporting to Board and Owners

Under My Supervision, I was responsible to manage two units of Accounts Functions including the Audit, one-unit (GPF is a high quality, Saudi Arabian manufacturer of a full range of High-Density Polyethylene (HDPE) geomembranes and Linear Low-Density Polyethylene (LLDPE) geomembranes for use across a multitude of industries in Saudi Arabia and in GCC.

Other Unit named Hajjan Drilling Company is a Well Drilling company and has drilled more than 1000 wells over a period, for the world’s largest oil company, SAUDI ARAMCO (ARAMCO)

Job Responsibility: -

• Manage the overall task of the Accounting Dept. and ensure proper checking, authorizing, and recording for all accounting transactions.
•  Manage and organize the accounting department with proper payment and receipts processes.
• Design, maintain and develop the company’s accounting procedures & processes.
• Prepare and review financial statements and other monthly reports such as material reports, tax reports, cost reports, and inventory reports.
• Design accounting management reports (Cost Analysis, Sales Analysis, and Expenses Reports) and review reports periodically.
• Perform cash flow forecasting and budgeting on a yearly basis.
• Review monthly tax reports and annual tax finalization reports. For Both VAT and Zakat and Income tax
• Liaising with the external auditor and tax consultant for annual audit arrangements.
• Monitors all documents related to salaries, overtime, termination benefits, courses, etc. and ensures that payments are made correctly to the employees. Ensures that cash forecast documents are prepared on time and monitors cash availability and advises on cash adequacy.
• Provides the necessary inputs for the development and reporting of the monthly management accounts including, Variance Analysis,
• Planning, organizing, and implementing various functions within the company (accounting, invoicing, and taxes)
• Preparing monthly financial reports (separate for each business line)
• Monthly Reporting results, budgeting, forecasting, budgetary control, and variance analysis
• Posting documents (WPS payroll, social security, prepayments), verification of the correctness of balances General Ledger

Monthly calculation of accruals (for revenue and costs)

Senior Accountant,                                                              August 2015 –To July 2019
Al Othman Holding Co, Division Woodwork, 

AL-Khobar, Saudi Arabia 

Job Status- (Family Status)

Job Description: -

Finance & Accounts

• Preparation of Monthly Financial Reports E.g BS, Pnl & Cash flow statements, and submitting them to higher management.
• Management of AP/ AR, periodical reconciliation, Handling the banking activity, BRS i.e., preparation of LC documents, bank Guarantee & cash flow activity of the entire unit.
• Preparation of Ad-hoc Reports as per the requirement of the management.
• Handling the internal & External Audit
• Inventory management, like monthly verification of the stock, Report for Slow Moving and non-moving items in the store and taking clarification from the concerned department, Petty cash management, and Tax management: -undertaken Implementation activity of the unit in respect of VAT In GCC. Presenting Quarterly financial results to GFM, GCFO.
• Designing, initiating, and implementing various policies & procedures for effective control of the accounts department.

Budgeting, Costing & MIS: 

• Formulating budgets and monitoring actual performance against them, and submitting quarterly financial reports to management.
• Supervising the preparation of MIS reports to provide feedback to top management on financial performance, viz. variance analysis of profit, margin, etc. with respect to the budget, and inventory analysis age-wise. 
• Determination of Labor Costs, Direct Material Costs, & Overhead Exp and providing information to the Estimation department to quote pricing.

Payroll

Processing the monthly TS and WPS payroll, vacation, and End of Service benefits, as per prevailing labor law.

Accounts Manager,                                                              April 2013 – August 2015

Ultratech Pharmaceuticals, Baddi (Manufacturer of medicine) (Himachal Pradesh), INDIA
Responsibilities

• Leading a team of 5 members, I was responsible for the entire gamut of accounts & finance functions, including Annual Audits and Taxation compliance. Apart from that, I used to liaison with legal advocates for assisting and coordinating filing cases under the negotiable instrument act for bouncing of cheques.
•  Presenting monthly performance and financial reports directly to the managing partners 

Asst. Manager Accounts                                                                           Oct-2010 – March 2013

Associated Biotech, Baddi (India), (Manufacturer of medicine) Reporting TO Managing Partner’s

Responsibilities:

• Manage the entire gamut of accounts section with financial planning, preparing statutory returns, including income tax, sales Tax, Service Tax, Excise, and TDS, and appearing before the assessment for income tax and sales tax authorities.
• Forecasting preparing, Maintaining, and Managing the Cash Flow, coordinating with the Bankers for approval & renewal of the CC Limits & Providing Monthly statements of stock for CC limits. & Preparing various banking reports required by the bank for their reporting purpose and preparing and handling ILC/FLC.,. Buyers Credits Forex Management

Asst. Finance Manager,                                                                                          July 2007 – Oct 2010

Oscar Leathers Pvt Ltd (Mohali) (Punjab) INDIA

Reporting TO Manager Finance & to MD

Responsibilities:

• Leading to a team of 3 accountants and was Responsible for the preparation of final accounts dealing with external auditors for the periodic and annual audits, performing and preparing various ad-hoc reports for management for their decision-making, assisting the subordinate staff in claiming the various Export incentives i.e DBK, DEPB, EPCG, ILC/FLC, Buyers credits and forward booking for export invoicing

•  CA Final, Group-1 (ICAI) Accounting body India, 2012
•  MBA-Finance, Punjab Technical University, Jalandhar (Punjab) India
•  CA-Inter, (ICAI) Accounting body India,2007.
•  Postgraduate diploma in Business Administration, Mumbai, 2007
•  Bachelor of Commerce from Kurukshetra University, Haryana, 2005

US – GAAP Certification from EY-India