Accounting Manager
Finad General Trading LLC
Total years of experience :12 years, 9 months
Adeptly administer the complete accounts functions and complete them in efficient manner. Successfully establish and enforce proper accounting methods, policies and principles. Improve systems and procedures and initiate corrective actions. Meet financial accounting objectives, follow up receivables and ensure effective credit control. Efficiently coordinate and complete annual audits in timely way.
Selected Contributions:
• Expertly oversee month/end year process, accounts payable/receivable, cash receipts, general ledger, payroll and utilities, treasury, budgeting, cash forecasting, revenue and expenditure variance analysis.
• Perform capital assets reconciliations and other accounts in line with international reporting standards.
• Competently monitor and analyse accounting data and produce financial reports or statements.
Setup accounts and creating an accounting structure to work on all accounting activities. Performed critical analysis and provided information about key areas to help improve the efficiency of operations. Prepared budget along with monthly cash flow forecasts to help the management optimize their resources.
Selected Contributions:
• Setting up accounting procedures and effectively identifying cost units.
• Streamlining the operations with accounting targets and performing data analysis for better decision making.
Prepared quarterly budgets, appraisals and cash flow statements to ensure management of working capital. Reported directly to the Managing Director, authorized payments and took financial management decisions. Prepared cost volume profit (CVP) analysis reports for the management on volatile projects. Assisted the audit team and provided explanations on relevant issues. Contributed in the supplier meeting and prepared the finance reports/letters as per the needs of the management. Supervised the warehouse with weekly visits and participated in periodic stock counting.
Selected Contributions:
• Functioned as a part of the procurement team, arranged timely orders and ensured on time deliveries.
• Effectively delivered variance reports and highlighted the inadequacies to the Managing Director. Reviewed closing accounts, bank reconciliation and salaries by using the WPS.
• Expertly organised MIS reports for the General Manager and followed up on receivables and arranging payables. Made client visits to understand the delay in payments and resolving issues.
• Arranged the contracts for real estate and managed the renewals and expiries. Liaised with bank and maintained the image for bank credit facilities and preparing LCs and TRs.
Controlling the team and creating maximum output from the bunch. Improving efficiency.
Received a 'Certificate of Achievement' for scoring above 85% in an ACCA paper.
Completed a Research Project Analysis on the topic 'The management of organization’s working capital over a three year period and its impact on organization’s funding strategies.'