Accountant
Al Talib Shipping Co. W.L.L
Total years of experience :12 years, 8 months
1. Established different sets of financial models to improve the effectiveness of Company's Accounting
system, operations and payrolls.
2. Brought the system coupled with backlogs and mismatches to a live financial accounting structure.
3. Compiled out a data structure reflective of daily financial transactions and brought them to the decision
table as a source for reference
4. Job Costing and Monthly Closing followed by different management reports including Cash Flow Analysis.
5. Customer Invoicing.
6. Accounts Receivables reports.
7. Accounts payable.
8. Suppliers/Customer Reconciliation.
The Group is an emerging residential builder as well as major supplier of metal products in Kerala. During the time of employment, a stable system of Finance & Accounting could be implemented within the organisation. Responsible for all the financial matters of business which include and not limited to -
1. Furnish the on time reports of Owners Investment, Application of such fund and Monthly Cash Flow Statements.
2. Project estimates, project cost analysis and related reports on relevant projects for the time being.
3. Reports on effective debt repayment and settlement.
4. To conduct an internal verification of accounts prior to company audit.
5. Ensure compliance with different tax requirements.
6. Supervision of accounting staff.
7. Co-ordinate with Auditor to conduct Annual Audit.
NAPCO is a leading MNC in the field of paper packaging industry in GCC. The company cater to industrial, chemical and petrochemical, construction, catering, dry food processing, as well as the retail sectors in the Middle East, Africa and Europe. The major responsibilities include:
Reporting & Analysis
1. Could pave the seed to implement a culture of Cost oriented management with different tools like Cost Analysis, valuation of business process and cycles, Root Cause Analysis for cost/productivity drainages etc.
2. Urge for monthly and yearly closing proceeds to make the Department for publishing the results at the earliest. Further, prepare and submit different sets of periodical reports to management on Financial and Cost Accounting
3. 3. Fully responsible for the authenticity of Standard Costing System.
4. Investigative approach on variances to avoid/reduce its recurrence. Slashed uncontrolled cost variances on production input and output to the rock bottom level.
5. Refining the figures up on a rolling average basis- Machine Cost & FOH to support a live pricing policy.
6. Providing strong assistance to Commercial Dept. in procurement of resources in a cost effective mode through RM price analysis, procurement cost analysis and its final impact of profitability.
7. Inventory Reports and its cost effectiveness.
8. Downtime and Wastage analysis for cost control proposals & decisions.
9. Product performance analysis.
10. C & B analysis on different material mix, machine mix etc.
11. Assistance and cost review of yearly master budgeting.
12. Passing ad hoc reports to management on different requirements.
13. Developed variety of financial models and most of them were approved as periodic management reports.
General Accounts
1. Calculation of landed value cost on out bond purchases, Invoicing and monthly reconciliation Goods In Transit account.
2. Invoicing of foreign purchase entries.
3. Reports on affiliate transaction and pass the same for Debit/Credit Note provision.
Cost Accounting
1. Co-ordination and supervision with plant management on production & inventory database update. Promoted a live reporting system from the floor to reflect immediately on ERP interface.
2. Monthly production costing & inventory closing process.
3. Product pricing - new proposals/quotations, revalidation of old prices, affiliate transaction pricing.
4. Authorising cost feasibility on new product models (BOM).
Audit
1. Work with both internal and external auditors during financial and operational audits.
Took part various auditing, accounting and taxation works of various Companies, Firms and Individuals. Successfully undertaken different tasks of Internal Audit, Project report preparation, Income Tax Returns, Audit Reports, etc.
Successfully completed ICMA Intermediete in May 2012.