Sign In

Suman Dhar

Assistant Manager (Finance & Accounts) @ IFB Agro Industries Ltd | Cost & Management Accounting, Financial Accounting | Budgeting & Forecasting

Professional Background

Suman Dhar is a seasoned finance professional with a strong foundation in financial management and expertise in SAP S/4HANA. Currently, he plays a pivotal role at IFB Agro Industries Ltd, where he oversees plant accounting and a variety of commercial activities. His exceptional skills in financial operations have significantly contributed to the strategic decision-making process within the IML Division, allowing for efficient management of resources and streamlining of financial reports. Suman is committed to maintaining high standards of financial integrity and operational efficiency, which is vital in the fast-paced agro-industrial sector.

In his current role, Suman ensures the accurate consolidation of monthly financial reports while adeptly handling various financial operations within the organization. His responsibilities extend to finalizing accounts in accordance with the Indian Accounting Standards (Ind. AS), emphasizing accuracy and compliance. This aspect of his work highlights his deep understanding of regulatory requirements and his dedication to upholding financial transparency in all his endeavors.

With a keen eye on optimizing internal financial control, Suman’s work plays an essential part in enhancing the operational efficiency of the plant. His proactive approach allows for better fund management, which is crucial in the agribusiness landscape where financial performance directly impacts overall productivity.

Education and Achievements

Suman holds a Master of Business Administration (MBA) specializing in Accounts, Banking, Finance, and Securities Law from The ICFAI University, Dehradun. This advanced education provided him with a robust theoretical framework that complements his practical experience in financial management. His undergraduate studies at the University of North Bengal culminated in a Bachelor of Commerce (B.Com.) with a focus on Accounting, further solidifying his foundation in the field.

In addition to his degree programs, Suman has pursued professional qualifications through his studies in CMA Inter at the Institute of Cost Accountants of India. This credential underscores his commitment to continuous learning and professional development, positioning him as a knowledgeable asset in the finance and accounting sphere.

Career Progression

Suman’s career trajectory is marked by a series of significant roles that reflect his growth in the finance sector. Prior to his current position at IFB Agro Industries Ltd, he served as an Assistant Manager of Finance & Accounts, where his contributions were foundational in setting up financial systems and processes that are still in use today. Before that, as a Senior Executive in the same department, he played a crucial role in delivering financial reporting accuracy and accountability through diligent oversight of the finance team.

Earlier in his career, Suman gathered valuable experience as a Senior Account Officer at Teabox, where he not only managed accounts but also collaborated on strategic financial initiatives to improve performance metrics. This role was an integral stepping stone that allowed him to hone his financial analysis and strategic planning skills.

Suman’s diverse experiences also include being an Executive & Financial Controller at Teabox, where he implemented financial controls that enhanced reporting and accountability. In addition, he has served at the North Eastern Regional Agricultural Marketing Corporation Ltd as an Assistant Manager (Finance & Accounts), which provided him with insights into the financial nuances of agricultural marketing.

Lastly, Suman held the position of Assistant Account Manager at Teamlease Services Limited, where he managed various aspects of account reconciliation and reporting, establishing a robust foundation upon which his later career flourished. Throughout these roles, Suman has consistently showcased his exceptional analytical skills, attention to detail, and commitment to excellence in financial management.

Achievements

  • Expertise in SAP S/4HANA, enhancing financial operations and reporting accuracy
  • Successful finalization of accounts in compliance with Ind. AS, ensuring transparency and reliability in financial management
  • Proficient in overseeing plant accounting and commercial activities, leading to improved operational efficiency at IFB Agro Industries Ltd
  • Significant contribution to strategic decision-making through meticulous consolidation of financial reports
  • Strong focus on optimizing internal financial controls and fund management, elevating financial integrity across all operations.

Related Questions

How did Suman Dhar develop his expertise in SAP S/4HANA and financial management?
What strategies does Suman Dhar employ to optimize internal financial controls at IFB Agro Industries Ltd?
Can Suman Dhar share insights on the impact of his work on strategic decision-making in the IML Division?
What key challenges has Suman Dhar faced in managing financial operations, and how did he overcome them?
In what ways does Suman Dhar continue to enhance his knowledge and skills in the finance sector?
Suman Dhar
Add to my network

Location

Siliguri, West Bengal, India