About Rakesh Kumar
-
Viewed 151
About me
- To drive Business Success
- To develop skills to think strategically
- To challenge everything
QUALIFICATIONS
- Bachelor of Commerce in Accounting & Management
- Diploma in Business Studies (Accounting)
CAREER ACHIEVEMENTS
- Teamed up with Group Management Accountant and Group Financial Controller in set up the following functions of Carpenters International Trading, a new division of Carpenter Group.
Outcome:
- Gained valuable practical experience and technical skills in setting up of new business, such as chart of accounts, accounts receivable, accounts payable and other accounting aspects. Apart from accounting controls, was also involved in operational issues such assisting in set up of internal control procedures.
- Teamed with the Accountant and Group Management Accountant and assisted in preparation of Annual Statutory Accounts for Industrial Marine & Engineering Limited (IMEL) – an associate company of Carpenters Fiji Limited specializing in ship repairs, industrial marine engineering and dry dock services.
Outcome:
- Gained valuable practical experience in a specialized industry focusing on ship repairs and gained extensive knowledge in the “work in progress” aspect of Management Accounting.
- Teamed up with Group Management Accountant and Group Financial Controller in the dissolution of Daltron – a division of Carpenters Fiji Limited.
Outcome:
- Gained valuable practical experience in liquidation aspect of accounting which involved in selling of all assets, paying of external creditors, collection of outstanding debts from debtors and other HR aspects of the process.
- Understudying the key areas of responsibilities of Accountant of Carpenters Head Office.
Outcome:
- Gained valuable practical experience in the core areas of accounting achieving highest standard of technical skills in Financial Reporting, Cost Control, Strategic Planning and Management Accounting.
- Have been confirmed as Accountant – Head Office from Nov 2011
- Conduct annual audit for Lawhill Limited for year ending 2009 & 2010 upon joining
Outcome:
Gained valuable experience with liaison with external auditors and finalising the year end accounts for 2009 upon joining in August 2010. Extended my knowledge in taxation and submission of annual accounts. Also gained experience in issued and paid up capital to register with Register Of Companies.
- Teamed up with Group Management Accountant in set up of Accounting procedure for Carpenter Products Pty Ltd of Melbourne Australia
Outcome
- Set up the chart of accounts in MYOB for all accounting related entries. Created procedure manuals to control inventory, debtors and creditors for Australia based customers from Fiji. Gained valuable experience in preparation of monthly Management accounts for a company located overseas (Australia) in respect of Australian deadlines. Provided all audit related documentations to PWC auditors based in PNG branch for successful audit of Carpenter Products Pty Ltd of Melbourne. Liaise directly with Australian customers to attend queries for delivery of goods and collection.
- Teamed up with Group Management Accountant for set up of accounting procedure for newly acquired Subsidiary company of Carpenter Group namely Carpenters Waters (Fiji) Limited.
Outcome:
Gained valuable experience in Manufacturing accounting procedure. Currently assisting in monthly preparation of Management Accounts. Gained knowledge on the process of factory operation of bottled water.
Education
-
2014 - 2023
University of the South Pacific
Bachelor of Commerce
I have passed Bachelor of Commerce in Double Major (Accounting and Management & Public Administration) from University of the South Pacific
Experience
-
2019 - Present
Carpenters Fiji Pte Limited
Management Accountant
Review general accounting process and prepare Management Accounts for following entities:
– Carpenters Waters (Fiji) Pte Ltd
– Carpenters Fiji Pte Ltd – Head Office
– Hunter Investment Pte Ltd
– Rolex Properties Pte Ltd
– Watson Brothers Pte Ltd
– Crown Properties Pte Ltd
– WR Carpenter (South Pacific) Pte Ltd
Insurance renewal worksheet submission for annual renewal
Group loan schedules submission to parent entity office in Malaysia
Budget preparation for above entities
Liaise with Internal and External Auditors in finalizing the annual accounts for above entities.
Finished product costing of Island Chill Mineral Water, Crush soft drinks and Gold Stone Rum & Cola
Obtain clearance from FRCS and RBF for offshore remittances
Prepare group management accounts in absence of Group Financial Accountant
Update loan amortization schedules for all loans and recharge to respective divisions and entities of Carpenters Group where applicable
Cost cutting measures implementation and submission to directors
Any other task as and when assigned by Group Financial Controller and Directors.






