•Liaison with bankers, operational managers, employees, suppliers, government institutions and customers.
•Treasury operation (collections, disbursements, investment and funding activities).
•Liaison with the External Auditors (Ernst & Young) for year ending finalization of Accounts.
•Annual Budgeting and analysis with actual periodically.
•Preparation & Approving Letter of Credit and guarantees, etc.
•Preparation and review of monthly and annual Financial statement; subsequent MIS to management.
•Checking of Payroll sheets, Leave salary, Indemnity etc.
•Supervision of day to day accounts.
•Monitoring of Cash and credit sales and their collection and sales analysis report.
•Checking of Foreign and Local Purchase Orders and related Purchase Budgets.
•Preparing and checking Cost Sheet for import materials.
•Coordination and assist with the Auditors and provide them different schedule, information, statements etc. as required by them and annual stock taking.
•Fixed assets accounting and management
•Timely completion of statutory audit
•Reporting to Finance Controller.
Al-Hasawi Industrial Group is an ISO 9002 Certified. This group is one of the leading groups of companies in Kuwait .
My Responsibilities include:
•Preparing receivables aging report based on various customer segments like, Retail, Dealer, Tender, Export etc.,
•Monitoring and preparation Cash and credit sales and their collection and sales analysis report.
•Reconciliation of Company Accounts with customer’s account statement on periodic basis to ensure the in time collections as per credit terms.
•Verifies validity of account discrepancies by obtaining and investigating information from sales, trade promotions, customer service departments, and from customers;
•Resolves valid or authorized deductions by entering adjusting entries.
•Resolves invalid or unauthorized deductions by following pending deductions procedures.
•Resolves collections by examining customer payment plans, payment history, credit line; coordinating contact with collections department.
•Monthly MIS to management on receivables and payables along with budgets as per Cash flow.
•Review invoices and check requests
•Sort and match invoices, check requests and set invoices up for payment
•Prepare and process accounts payable checks, wire transfers.
•Reconciliation of payments & Prepare analysis of accounts
•Monitor accounts to ensure payments are up to date
•Resolve invoice discrepancies & Vendor file maintenance
•Correspond with vendors and respond to inquiries
•Prepare MIS on monthly basis for management.
•Assist in month end closing Coordination and assist with the Auditors and provide them different schedule, information, statements etc.
•Reporting to Chief Accountant.
•Bank Audit (Statutory, Revenue & Concurrent)
•World Bank Project in Oracle Package as project Auditor
•U.P. State Mineral Development Corporation, Lucknow
(UPSMDC), SUDA, DUDA
•United Nation Development Programme, Lucknow (UNDP)
•National Botanical Research Institute, Lucknow (NBRI)
F & M Accounting -
Disney Four Season Pvt. Ltd., IIHT Systems Ltd., Amit Hetrochems Labs(I) Ltd. Jindal Manufactures Pvt. Ltd. Sidhvinayak Buildcon Ltd.
Extra years of experience not listed above: 0 Years, 1 Months