Senior Accountant
Farabi Petrochemicals Company
Total years of experience :24 years, 7 Months
During the past years, I had an extensive experience in field of accounting such as banking facilities (loans, letter of credit, and bank guaranties), Treasury & Cash Management, accounts payable, accounts receivable, Payroll, budgetary system, financial statement, and others.
Preparing and process all documents for loan transactions (New Loans/ Rollover/ Repayment) and maintain proper follow-up to ensure all transactions are executed on time and accurately.
Reviewing and verifying the invoices to release the payments to Vendors,
Arranging fund for payroll, Accounts payable and other Expenses.
Experienced in working with SAP ERP modules like FI (Financial Accounting), HR (Human Resource), which is used for business process effectively.
Assist the Finance Manager in dealing with Bankers and preparing the monthly reports for the Executive Management.
Preparing, Analyzing, unloading the all documents for SIDF Claim on online platform for all the companies. Quarterly uploading the FS and insurance policy on online Platform.
Preparing and sending the waiver letter for non-compliance of covenants.
Reviewing and analyzing the Banking Facilities Agreements.
Preparing the Intercompany Subordinated Loan Agreements and charging the monthly interest.
Monitoring and preparing the schedules of long term, Mid term & short term loans and subordinated loans.
Monitoring and Reconciling the Current account balance and Subordinated loan balance on monthly basis.
Monitoring online payments, reconciling the banks.
Preparing the schedules for yearly annual audit and collecting the required documents for auditors like balance confirmation, waiver letter from FI and commercial bank.
Key Responsibility: Banking Facilities, Accounts Payables, VAT & Zakat Calculation, Receivables and Insurance, Financial Reporting, Treasury, Fixed Asset Management, Budgeting & Control and Project Accounting.
Job Profile:
During the past years, I had an extensive experience in field of accounting such as banking facilities (loans, letter of credit, and bank guaranties), Treasury, accounts payable, accounts receivable, budgetary system, financial statement, Zakat Calculation, Fixed Asset Management, Project Accounting and others.
One of the Authorized Signatories for Company Bank Accounts.
Monitoring and approving the cash expenses.
Updating and approving salaries and related Expenses.
Experienced in working with SAP ERP modules like FI (Financial Accounting), HR (Human Resource), which is used for business process effectively.
Assist the Finance Manager and CFO in dealing with Bankers and preparing the quarterly reports for the Executive Management.
Managing Accounts Receivable, Accounts Payable, payroll records and prepared monthly analytical reports.
Reviewing and verifying the invoices to prepare payment voucher.
Reconcile financial records and statement with General Ledger.
Reconcile and prepare bank reconciliation statement and head office cash reconciliation statement.
Checking & finalizing yearly budget of various departments.
Reviewing and analyzing the Banking Facilities Agreements.
Dealing with bankers and processed the Murabaha Islamic Loan (drawdown, roll-over and repayment)
Monitoring the schedules of long term & short term loans.
Processed the Letter of Credits and Bank Guarantees (bid bond, performance bond, advance bond, retention bond and payment bond).
Run and calculating the monthly depreciation expense
Review the detailed schedule of FA and accumulated depreciation
Conduct periodic physical inventory count of FA
Performed the accounting functions including the audit testing for numerous financial accounts, test of controls, and documentation of accounting books.
Also having experience of project accounting during 2002 to 2004, I have handle three MMG major projects Rastanura refinery shutdown project of ARAMCO, Jubail United Petro chemical Project JUPC & Petrokemia Jubail project of SABIC.
Supervised and coordinated to subordinates.
Preparing Income Statement & Balance Sheet, dealing with bank, handling sales tax & income tax, bank reconciliation statement, reporting financial information to top management, and supervising and coordinating to subordinates.
Managed Accounts Receivable, Accounts Payable, and prepared monthly analytical reports.
Reconcile financial records and statement with General Ledger.
Dealing with bankers, preparing bank reconciliation statement.
Performed the accounting functions including the audit testing for numerous financial accounts, test of controls, and documentation of accounting books.
Investigated discrepancies and prepare report.
Handling various assignments in American Express Bank Pvt. Ltd. New Delhi:
□ Checking Tax Proof (Deduction, Rebates, & Form 12 C)
□ Valuation of Perquisites (Sales of movable assets) & preparing Sales Memo.
□ Fixed Assets verification
Audit Conducted:
□ Statutory Audit : Hindustan Copper Ltd.
Fashion Merchandising Company
□ Bank Audit : State Bank of Bikanner & Jaipur
□ Internal Audit : Surya Roshini Ltd
□ Tax Audit : Hindustan Copper Ltd
Cellular Operations Association of India
Master of Business Administration (Finance) from Lalit Narayan Mithila University, Darbhanga in 1999.
Graduation from Lalit Narayan Mithila University, Darbhanga with first class in 1996.
Intermediate (12th) from B.I.E.C., Patna with first division in 1991.
Matriculation (10th) from Bihar School Examination Board, Patna with first division in 1989.
