Adil Parkar

 Maintained the integrity of the general ledger which preparation, verification, and input of journal entries
 Consistently prepared assigned balance sheet account reconciliations & Balance Sheet Schedules, Monthly reconciliation of Bank accounts and reviewed the outstanding check list for stale checks
 Prepared Monthly Schedules & Entries for prepayment, Accruals, Reclassification, Amortization, ETC, Payroll Reconciliation, COGS reconciliation, Inter Company Reconciliation
 Updated 3 stage & Flux Financial report for senior leadership
 Assisted with updating internal control narratives, flowcharts, and preparation of schedules for auditors
 Skilled in working with ad-hoc assignments involving financial decision & reports
 Reconciled the accounts to ensure that all entries are accurate and that transactions are reported in accordance with accounting standards, Company Policies and government regulations

 Spearhead the overall accounting operations
 Accomplished in maintaining the books of account, journal entries, daily petty cash requirement and preparing Balance Sheet, Profit & Loss Statement, Chart of Accounts and other reports
 Skilled in Interfacing with statutory, internal auditors and government departments to ensure policy compliance
 Performed review for COA code block/segments, identified un-used/redundant/duplicate GL Accounts, and materiality analysis while also reviewed Master Data Management (MDM) and Finance Information Model (FIM)
 Preparation of Projected 90 days cash flow and 24 months cash flow for Management
 Looked after approval & release of payment as per DOA guidelines & preparing various document
 Finalized monthly VAT Report ant VAT Return for submission to Internal Tax Department
 Maintained bank/cash balance for business unit & funding requirement depending on cash flow, preparing cheques, wire transfer letter, cheque discounting PDC cheque
 Supported bank account databases with 25+ Local & Offshore Accounts
 Update Bank Mandates (Adding / Deleting/amending bank signatories) and maintaining E-Banking Platform
 Update company profile by filling KYC, FATCA & CRS forms
 Update and maintain legal documents and signatories’ personal documents
 Support as a backup for other Treasury operations including non-cash financing operations, cheque issuance, payments, debt documentations, etc.
 Supervised currency booking / foreign exchange deals with different banks for fund/wire transfer in currencies
 Drafted various letters such as (TR, UR, FTR) For banks for interest payment of facility/ loan
 Ensured error free and timely processing of payments & sending MT103 Swift remittances to beneficiary
 Monitored daily/monthly reconciliations of all bank accounts & Charges,
 Treasury reports such as Utilization of Funds, Maturity of Guarantee, PDC Cheques, Bank Overdraft List & Interest Payment

• Formulated annual budget, prepared variance analysis, analysed financial statements & credit reports, reconciled inter-company accounts and managed accounts receivables & payables
• Contributed in ensuring that payroll was posted correctly to the general ledger, salaries & benefits are accurately recorded and payroll liabilities are paid on monthly basis
• Monitored customer LC documentation & submission to the bank, facilitated preparation of LC for export & import along with bank guarantee record
• Creating chart of account code block/segments for setting of Business Unit in ERP System,
• Processed vendor payments by scheduling pay checks and ensuring payment is received for outstanding credit
• Reviewed and controlled recording of sales & receivables and maintained customer’s accounts to ensure that accounts receivables reflect correct and accurate status
• Conducted proper credit investigation of potential customers; evaluated and reviewed the credit worthiness of customers according to company credit policy
• Steered inventory reconciliation shortages / excesses of the stock counts to ensure accuracy of inventory in our books of account; maintained stock count on periodic basis with physical inventory and system inventory
• Controlled the recording of liabilities and maintained creditors accounts to ensure accounts payable reflect correct status of liabilities
• Supported issuance, amendment and cancellation of Bank Guarantees, Letter of Credits in the MENA region including preparation of applications to bank to issue guarantees through corporate / local credit facility
• Reviewed the Bank Guarantee Report and followed up with the internal group for status of guarantees expired/expiring in the upcoming months
• Checked the actual bank guarantee charges as per bank statement and confirmed the charges were in line with credit facility agreement; maintained bank guarantee database and saved necessary documents
• Facilitated the processing of employee expense reports, tracked disputed invoices, performed ageing analysis on monthly basis and updated price list in the system

Transformation/Reconstruction Of Financial Statement From Tally To Excel Sheet
 Preparation Of Accounts For Company And Clients, Maintaining Cash Book Of Company, Receipts, Payment Of Clients & company
Into Tally
 Account Payable’s & Receivable’s, Aging & Analysis
 Maintaining Sales And Purchase Register And Passing Journal Entries Into Tally
 Passbook Analysis & Bank Reconciliation
 Reconciliation Of Securities With Custodian Statement & SAP Data
 Bank Audit, Internal Audit And Concurrent Audit Undertaken For General Insurance Corporation Re For Investment Department &
Reinsurance Department & Preparation Of audit report
 Ensure payments received and check deposits are timely recorded and properly coded
 Reviewing Of Investment Done By GIC Is Appropriate As Per IRDA & Board Investment Policy.