Managed finance and compliance project for Indian subsidiaries of renowned companies

Setting up a new project factory was a challenging task, and our clients realized the same as they started facing issues in multiple areas of operations once they began the project.

Our team took up the role of managing the Finance & Accounts, expert support for guiding CWIP items, and taxation matters like:

Finance and Accounts

• We acted as a single point of contact with the Accounts vendor to liaise for invoicing, PO, advances, bank guarantees, capital advances, payments and other related compliances.
• We implemented a process to maintain proper documentation and register for the invoices; performed necessary book-keeping and accounting tasks as per applicable accounting standards, performed timely vendor and bank reconciliations.

• Successful implementation of the capitalization process and tax benefits.
• Seamless operations of the finance function facilitating decision-making and immediate redressal.
• Accurate reporting and timely compliances in accordance with the applicable laws to avoid any interests and penalties.