REGIONAL FINANCE CONTROLLER
PIONEER SHIPPING AGENCY LLC
Total years of experience :24 years, 5 Months
Regional Co-ordination
• Preparation of Financial statements, Cash flow statements periodically and report to the Management on timely basis
• Preparation of Balance sheet schedules and reconciliations
• Preparation of revenue and cost schedules of business unit-wise and consolidation of the same on a monthly basis for ascertaining the overall financial strength of the Region and reconciling with management reports
• Implementation of Internal Controls and Monitoring in Regional Offices
• Heading Internal Audit / Internal Check and periodically review the audit findings of all business units
• Periodical Analysis of existing System to identify the loopholes, implement controls to plug the loopholes and timely update to Management
• Preparation of appropriate Variance Reports, updating the Management if any deviations for necessary actions.
• Approving monthly General Statement of Account to the Principal’s of all business units in the region
• Monitoring Financial Operations of the Regional Offices and Daily update/ status on Collections, Fund position & Bank Reconciliations.
• Analysis of Accounts Receivable & Accounts Payables of all business units by assessing ageing reports
• Supporting Regional Logistics and Operations Team
• Preparation of Final statements for Management Approval for declaring Dividend and arranging to disburse Dividend after .
• Liaison with the IT Dept. and Online support through-out the period
• Ensuring the collection, deduction and payment of VAT, Withholding and other Local taxes periodically
• Liaise with Statutory Auditors in getting the accounts audited of the Regional Offices.
Banking & Finance
• Dealing with Banks/ Exchange house for overseas Fund transfer, arranging for temporary Investment of surplus Funds and Employee’s Gratuity funds
• Assessment of working capital requirement
• Arranging remittance to the principals on weekly/ monthly basis
Budgeting & Accounts
• Preparing MIS reports, Budgets and Financial statements
• Involvement with daily operational account matters
• Co-ordination with operations and sales divisions for issues pertaining to documentation and budgeted profits
• Co-ordination with shipping lines (principals) for any queries related to disbursements, collections and others
• Ensuring consistency, accuracy and timely delivery of periodical reports to the principals on or before due date
• Additional follow ups for outstanding collections and related queries from shipping lines
• Assisting finalization and consolidation of accounts up to Balance sheet and coordinating with Auditors.
• Monitoring collections and payments.
• Submitting Details/ Reports required by management as and when required
• Preparation and submission of Tax returns as per the Income tax act & Sales tax act
• Representing on behalf of clients with Income tax department & Sales tax department
• Tax planning and TDS related matters
• Preparation of Accounts on part-time basis
• Outstation assignments undertaken on behalf of other consultants
• Providing lectures on Financial accounting & Income tax at Small Scale Industrial Training Institute
• Maintaining accounts and preparation of Trail balance, Profit & loss account, Balance sheet and preparation of periodic collection reports.
• Preparation of periodical Account receivable with aging analysis and monitoring outstanding.
• Preparation of pay roll.
• Preparation of Bank reconciliation statement
• Preparing and filing of quarterly and annual tax returns according to Service tax act and Income tax act.
• Handling administrative work and related correspondences.