Senior Accountant
Transworld Aviation FZE
Total years of experience :16 years, 9 Months
Preparing Profit & Loss Statement, Balance Sheet, Manage AP/AR, Bank reconciliation, cash flows, import and Export LC, Bank Guarantee, monthly closing of all ledgers. Provide accurate and timely reports to senior management to enable to make better plans and organize business operations.
Responsible for export bills documentation of the claims under various types of LC’s and liaison with bank until the fund reaches in to our account.
Lead month end closing process, book all necessary GL entries accurately, and publish month end statements by Day 10 of fiscal month. Analyze, reconcile, and evaluate the accuracy of general ledger, accounting details, revenues, expenditures, fixed assets, daily journal, cash balances, and inter-company transactions.
Looking after bank guarantees, assessment of the export LC’s, corporate finance, fund management, bank reconciliation and other bank related activities.
Preparing all export documents based on export LC such as, invoices, packing list, certificate origin and follow up shipments until the arrival of goods at the final destination.
Coordinates monthly closing process, including accruals, performs reconciliations and analysis.
Processing employees salary through WPS, final settlement, travel reimbursement etc
Directing and coordinating with statutory auditors to complete audits.
Manage operational day-to-day activities with VAT impact, estimate, tack tax return and submit VAT return.
Preparation of Debtors’ outstanding statement for further follow-up by sales department
Perform routine accounting functions including data entry of daily accounts, preparing trial balance, vouchers & cashbook, accounting reports. Prepare Statement of Accounts and handle accounts receivables/payables.
Handle invoice processing for clients plus suppliers’ payments, preparing creditor’s aging and weekly submitting reports to the management.
Prepare regular/monthly financial report and submit to the Managing Director
Keeping track of due and overdue payments (Accounts Payable) and arrange
Funds accordingly.
Liaising with bank authorities to ensure smooth dealings for credit activities.
Played major role in preparing data entries such as invoices, payments, receipt, Journal vouchers etc…
Significantly contributed in preparing L.P.O and following up until the arrival of goods at final destination.
Handled payroll of 150 employees in WPS. Preparing leave salaries and indemnities as per Labour Law and contract; salary disbursement under Wage Protection System
Efficiently prepared month end inventory of Vessels and Terminal. Interacted with external auditors so as to complete audits.
Assisted to formulate annual budgets and conducting variance analysis to determine difference between projected & actual results and implementing corrective actions.
Essayed a stellar role in summarizing report for financial, sales and finalizing reconciliation accounts receivables. Accountable for maintaining stock report of Bunker on Board of Vessels.
MBA – Master of Business Administration (Finance &HR), LNMU University, with 68% marks
M.Com - Master of Commerce , Kannur University, with 58% marks
B.Com - Bachelor of Commerce, Calicut University, with 52% marks.
