VR

Vineet Rana

A qualified chartered accountant with invaluable experience in financial reporting and accounting covering a variety of industries from start-up business, to financial management and year end closures. Hands on experience of providing professional advice in strategic sectors such as financial reporting, taxation, auditing, Outsourcing, Payroll, corporate finance and statutory compliances.

Key Skills

Financial Reporting
Financial Analysis For Corporate Decisions
Taxation
Problem-solving skills
Active listening
Communication skills
Collaborating
Auditing
Decision making

Professional Experience

Jul 2020
Present
Managing Partner
RNJ Advisory LLP New Delhi, IN
  • Advising clients relating to business incorporation, tax planning, financial planning, business management, business future plans, expansion etc.
  • Handling the Outsourcing work of clients which includes but not limited to Bookkeeping, Taxation, Payroll, Invoicing, Statutory Compliances, Reporting on periodic basis. 
  • Implementation, maintenance, and review of payroll processing to ensure timely and accurate processing of payroll transactions including salaries, benefits, taxes, and other deductions.
  • Responsible for the efficient administration of the client's business, particularly with regard to ensuring compliance with statutory and regulatory requirements.
  • Assisting clients in Direct & Indirect taxation filings, reconciliation, litigation matters by way of drafting, pleading, and strategizing. Also, advising clients on complex tax issues, tax planning structures, assessing, and strategizing tax
    risks, guiding through assessment, audit and investigations by the revenue authorities.
  • Providing monthly reports for clients summarizing the business financial position in areas of income, expenses, capital usage, cash flows.
  • Assisting clients in preparing strategic plans, budgets, and financial forecast.
  • Advising clients relating to the benefits available under various government schemes like MSME and Start-up India scheme.
  • Representative services under GST, Income Tax, ROC and PF Authorities.
  • Handling the tasks of client's registrations under various statutory laws.
Dec 2018
Mar 2020
Consultant
Mazars Advisory LLP Gurgaon, IN
  • Conducted the statutory audit's for various Corporates and ensured the accuracy of the financial statements.
  • Conducted the Internal Audits for many government companies and ensured the accuracy of the internal controls.
  • Conducted the Development Sector Audits for many NGOs and ensured the accuracy of the expenditure for the projects in multiple countries including India, Bangladesh, Nepal and Srilanka.
  • Conducted the System Audits for NGOs and ensured the accuracy of the policies of the organisation in multiple countries including India, Nepal and Srilanka.
  • Conducted the Due Diligence and ensured the accuracy of documents submitted by the applicants to the National Skill Development Corporation to get enrolled with NSDC. 
  • Conducted the financial due diligence and ensured the accuracy of documents submitted by the applicants to the National Skill Development Corporation to get enrolled with NSDC. 
  • Conducted financial due diligence, financial advisory, transaction advisory services for PPP projects and financial audits. 
Jan 2018
Aug 2018
Assistant manager
Data Resolve Technologies Private Limited Noida, IN
  • Responsible for the preparation of reports for Top Management & Investors summarizing the business financial position in areas of income, expenses, capital usage and cash flows, and 
  • Coordinate with Top Management & Investors for the preparation of strategic plans, budgets and financial forecast.
  • Perform detailed analysis of accounts and presented findings to top level management.
  • Preparation of monthly financial statements including cash flow statement and variance analysis.
  • Monitoring budgets and comparing them with actual cost and revenues related to development, marketing and other admin costs.
  • Develop and update accounting, finance and management policies and procedures.
  • Review and file the necessary Annual & Monthly tax forms according to company and state policies. (GST, TDS, Income Tax, EPF, ESI etc)
  • Conduct a review of the monthly Business Activity Statements and balance sheet reconciliations
  • Responsible for the review of Monthly Payroll and other related tasks.
  • Provide Assistance in the annual internal and external audits.
  • Responsible for reviewing weekly accounts payable, accounts receivable, payments forecast, expenses forecast and collection forecast to maintain the sufficient cash flow at all the time.
  • Suggest modifications and improvements to existing processes & policies and help in the evaluation of such changes.
  • Coordinate with the HOD of other departments for the preparation of monthly reports and to provide them with the required assistance in case of any concern.
Feb 2014
Dec 2017
Audit Executive
Lochan & Co. (Chartered Accountants) New Delhi, IN
  • Audited the entries to be complied with the rules and the accounting system of each company.
  • Conducted the Concurrent Audit of Multile banks.
  • Audited the table of depreciation for the assets .
  • Audited the final accounts (Loss and Profit, Balance sheet).
  • Raised our report to the management including our notes and solutions.
  • Prepared the tax declaration according to the Financial results of the company. 
  • Bookkeeping, analysis of account balances, preparation of financial statement including preparation of projected financial statement.
  • Filing of various documents to Ministry of Corporate Affairs, company incorporation and various compliances relating to Companies Act, 2013.
  • Computed the total and taxable income of companies, individu clients and managed their income tax returns.
  • Compliances relating to CGST Act, 2017; SGST Act, 2017; IGST Act, 2017 and UTGST Act, 2017.
  • TDS Compliances including its payment and filing of returns.
  • ESI Compliances including its registration, payment and filing of returns.
  • EPF Compliances including its registration, payment and filing of returns.

Education

Dec 2012
Sep 2021
Chartered Accountant in The Institute of Chartered Accountants of India
ICAI
Jun 2012
Jun 2016
Bachelor of commerce in School of Open Learning
University of Delhi

Certifications

Associate Chartered Accountant
ICAI
The Complete Financial Analyst Course
Udemy

Hobbies & Interests

  • Cricket
  • Music
  • Reading
  • Swimming
  • Traveling
  • Writing & Reading

Languages

Hindi
(Native)
English
(Native)

Get in touch with Vineet