Senior Accountant
Abwab Real Estate Limited Co LLC
Total years of experience :30 years, 2 months
Monitoring customer accounts, Discounts/Rebates allowed to Customers, Interest receivable/payable against sale of units, Monitoring of vendor accounts, Monitoring of Daily PDC report, Monitoring of bank facilities, Preparation of documents & monitoring of loan draw down, Preparation of documents and monitoring of collections & payments through Escrow accounts, Monitoring RERA related tasks through TAS system (RT02 / RT04 reports), Monitoring of Delayed / disputed receivables, Follow-up with customers to ensure no abnormal delays in receipt of payments, Monitoring related party receivables, Processing of monthly salaries through WPS salary system, Attending Internal / External Audits, RERA Audits, Monitoring Balance confirmations (customers & related party), Provision for Bad & Doubtful Debts, Write off Analysis & Excess Credits Write Backs, Preparation of Various MIS reports.
Monitoring Credit Limits / Period allowed to the Customers, Preparation of daily credit violation report and scrutiny of customer accounts having billings higher than approved credit limits, Blocking customer accounts (for further order bookings across business lines) having long overdue outstanding's, Releasing customer accounts for further bookings after establishing the reasons for unpaid overdue outstanding's and obtaining management approvals, Preparation of proposals for increase in credit limit / credit period, Monitoring the outstanding's covered under the Barter Agreements, Monitoring the status of Bank Guarantee's / Trade Licenses received from customers, Preparation of customer follow-up list showing the status of follow-up's done by the collection team / Sales Team towards the collections of outstanding's due from customers, Monitoring of Discounts / Rebates allowed to Customers, Co-ordination with finance for the status of Wire Transfers / status of refund claims raised by customers, Monitoring the daily collections, Co-ordination with Collections team for the status of payments from customers towards overdue outstanding's, Monitoring the status of cheques returned unpaid from the bank, Co-ordination with Sales & Marketing Personnel for disputes raised by customers, Meeting with Sales Team Heads for Overdue Delayed / Disputed Outstanding's, Escalating the list of customers with long / non-recoverable overdue outstanding's to higher management, Preparation of Monthly proposal for write off of short payments / non-recoverable overdue outstanding's for management approval, Preparation of Monthly list for write back of excess credits, Preparation of Monthly discount provision towards the month end billings, Preparation of monthly Provision of Doubtful Debts with Synopsis on the reasons for increase / decrease from previous month / quarter, Scrutiny of Customer Ledger accounts, Attending Internal / Statutory Audits, Preparation of Various MIS reports viz. Write off Summary, Billings & Collections Report, Top 10 customer analysis (across business lines).
Monitoring Credits allowed to the Customers, Discounts/Rebates allowed to Customers, Rebates Receivable from Vendors, Letter of Credit (L/C) Documentation, Coordination with Banks for opening of new LC’s, Coordination with Banks for ensuring smooth/accurate transfer of funds, Capitalisation & Accounting of Fixed Assets, Processing & Accounting of Salaries to Employees, Processing & Accounting of Leave Salary / Air Fare / Gratuity (Monthly), Processing of payments to suppliers, Processing of Petty Cash Expenses, Scrutiny of General Ledger, Inter Company Accounting, Stock Reconciliation, Bank Reconciliation, Finalisation of Books of Accounts, Preparation of Financial Statements viz. P&L and Balance Sheet, Attending Internal / Statutory Audits, Co-ordination with Retail Outlets / Warehouses for Invoicing, Marketing Personnel for Receivables, Preparation of Annual Financial Budgets, Monthly Actual Vs Budget Variance Report, Preparation of Various MIS reports.
Monitoring Credits allowed to the Customers, Discounts/Rebates allowed to Customers, Rebates Receivable from Vendors, Letter of Credit (L/C) Documentation, Coordination with Banks for opening of new LC’s, Coordination with Banks for ensuring smooth/accurate transfer of funds, Capitalisation & Accounting of Fixed Assets, Processing & Accounting of Salaries to Employees, Processing & Accounting of Leave Salary / Air Fare / Gratuity (Monthly), Processing of payments to suppliers, Processing of Petty Cash Expenses, Scrutiny of General Ledger, Inter Company Accounting, Stock Reconciliation, Bank Reconciliation, Finalisation of Books of Accounts, Preparation of Financial Statements viz. P&L and Balance Sheet, Attending Internal / Statutory Audits, Co-ordination with Retail Outlets / Warehouses for Invoicing, Marketing Personnel for Receivables, Preparation of Annual Financial Budgets, Monthly Actual Vs Budget Variance Report, Preparation of Various MIS reports.
Monitoring Credits allowed to the Customers, Discounts/Rebates allowed to Customers, Rebates Receivable from Vendors, Letter of Credit (L/C) Documentation, Coordination with Banks for opening of new LC’s, Coordination with Banks for ensuring smooth/accurate transfer of funds, Capitalisation & Accounting of Fixed Assets, Processing & Accounting of Salaries to Employees, Processing & Accounting of Leave Salary / Air Fare / Gratuity (Monthly), Processing of payments to suppliers, Processing of Petty Cash Expenses, Scrutiny of General Ledger, Inter Company Accounting, Stock Reconciliation, Bank Reconciliation, Finalisation of Books of Accounts, Preparation of Financial Statements viz. P&L and Balance Sheet, Attending Internal / Statutory Audits, Co-ordination with Retail Outlets / Warehouses for Invoicing, Marketing Personnel for Receivables, Preparation of Annual Financial Budgets, Monthly Actual Vs Budget Variance Report, Preparation of Various MIS reports.
Monitoring Credits allowed to the Customers, Discounts/Rebates allowed to Customers, Rebates Receivable from Vendors, Letter of Credit (L/C) Documentation, Coordination with Banks for opening of new LC’s, Coordination with Banks for ensuring smooth/accurate transfer of funds, Capitalisation & Accounting of Fixed Assets, Processing & Accounting of Salaries to Employees, Processing & Accounting of Leave Salary / Air Fare / Gratuity (Monthly), Processing of payments to suppliers, Processing of Petty Cash Expenses, Scrutiny of General Ledger, Inter Company Accounting, Stock Reconciliation, Bank Reconciliation, Finalisation of Books of Accounts, Preparation of Financial Statements viz. P&L and Balance Sheet, Attending Internal / Statutory Audits, Co-ordination with Retail Outlets / Warehouses for Invoicing, Marketing Personnel for Receivables, Preparation of Annual Financial Budgets, Monthly Actual Vs Budget Variance Report, Preparation of Various MIS reports.
Payroll Accounting, Sales Accounting, Branch Accounting, Inventory Accounting
Sales Accounting