Mohammed Fasal Thottoli

• Prepare financial statements and assist to the finance manager in preparing various reports for the annual and interim audits and the management
• Manage accounting assistants and bookkeepers
• Managing General Ledger, Accounts Receivable, Accounts Payable, Inventory Management, Cash Management
• Assist month-end and year-end close processes
• Preparation of VAT returns and other VAT reports for submission to government bodies
• Submission of the reporting requirements related to VAT audits to external auditors and government bodies
• Leading physical counting at the end of the year compared with the system quantitatively & preparing the variance report
• Preparing and reconciling schedule for Medical, Vehicle & Fire insurance, Vacation Salary, End of service benefits etc.
• Passing adjustment entries like accrual, prepayment, depreciation, etc.
• Handling all inventory transactions like stock transfer, addition and issuing material, receiving material through local or overseas purchase, etc. and end of the month passing necessary journal entries
• Monthly reconciling payroll sheet and monthly passing journal entries
• Verify, allocate, post and reconcile accounts payable and accounts receivable
• Preparing payment plan based on ageing (suppliers) & controlling payments to suppliers.
• Checking all the purchase orders and verifying with the supplier’s invoices, entering & posting all local suppliers invoices on time.
• Processing supplier payment based on the due date on the ageing reports.
• Preparing various reports like Supplier & Customer Aging, Advance, Trail Balance, Subsequent analysis report & Sales analysis variance report, Branch & Sales Engineers wise sales report, Customer outstanding report etc.
• Managing sales Invoices & collection of customers
• Controlling customer outstanding based on customer credit limit & period
• Handling / arranging Letter of Credit (LC) and Bank Guarantee (LG)
• Preparing Sales commission report
• Reconciling difference bank statements monthly basis
• Preparing Project cost sheet, Warranty sheet, Direct Material report, other project reports as per management requirements.

• Daily administrative duties which can include filing, faxing financial documents and email correspondence.
• Responsible for collection activities such as sending follow-up inquiries, negotiating with past due accounts
• Entering receipt voucher in ERP Ln (Worktop) based on the fund credited to our collection bank account.
• Ensuring all receipts are recorded and applied properly
• Monitoring bank accounts follow up the bank transfers and preparing the monthly bank reconciliations
• Monitoring the proper invoicing within standard policies reflective of the customer’s requirements.
• Working with any personnel or Department to ensure timely and accurate invoicing and those Ledgers are kept accurately
• Manage Cash and Credit applications and maintaining the database for the customers.
• Credit checks on all customers, establish and manage or monitor credit limits.
• Responsible for tracking and resolving outstanding payment issues and monitor weekly aging reports promptly.
• Maintain an appropriate record of Fixed Asset and prepare Monthly depreciation Sheet
• Transfer fixed asset from one dept. to another dept. and disposed of Fixed Asset as per requirement

• Proficient in preparing various management information & financial report.
• Prepare various reports for Audit requirements (Interim audit & Yearly audit).
• Monthly accounts finalization (Profit and Loss Account, Trial Balance, B/S, vendor &customer ageing report)
• Generate monthly recurring journals like Prepayment, Accrual, etc. and posting to General Ledger
• Correction and passing journal entries, if necessary
• Monthly Accounts Receivable posting.
• Preparation of monthly statements for local & foreign customers.
• Supervising credit activities and updating customer records, regular outstanding statements and reconciliation to facilitate prompt recovery
• Recording and posting of invoices, cash, and bank receipt, Debit / Credit memos, Bank reconciliation, a record of cost and revenue, cash flow checking in a computerized environment
• Monthly Invoices checking and Co-ordinate with operation/billing to solve the dispute on invoices.
• Prepare bank payment voucher, cash payment voucher in G/L and payable module
• Preparing all payment approval for Suppliers/Dealers & Utilities like SEC, STC, etc.
• Verify all supplier invoices; check all its accompanying supporting documents. Including delivery notes, purchase orders, etc. then process their payment after the credit period.
• Reconciliation of Inter Div. Company
• Reconcile of supplier and customer account balance.
• Monthly Cost Edit List checking payment and collections posting
• Verification & Processing of Airlines (IATA), Agent payments as per assignment.
• Monthly physical checking & reconciliation of the Packing Material Inventory.
• Medical card addition, deletion, etc. and correspondence to Bupa insurance co.
• Preparation of Capital Expenditure
• Payroll preparation like checking of the timesheet, Employees addition & deletion, prepare to leave pay, ticket pay, severance pay & GOSI printing thru payroll module-HRMS (Human Resource Management System), then transfer to G.L
• Maintaining proper records of warehouse, office & villa landlord & arrange payment before the due date
• Examine and prepare end-of-the-month procedures and confirm all necessary entries recorded in the proper period