Procurement/Finance Manager
SAKET TEXTILE INDUSTRIES PVT LTD
مجموع سنوات الخبرة :11 years, 4 أشهر
- Managed and maintained accurate financial records, including financial statements and reports, ensuring compliance with organizational standards.
- Prepared and presented division finances to the Finance Manager.
- Conducted month-end and year-end close processes, ensuring timely and accurate financial reporting.
- Developed and implemented advanced financial record-keeping systems using modern technologies.
- Collected, analyzed, and summarized account information to support decision-making.
- Prepared budget and financial forecasts, ensuring alignment with organizational goals.
- Computed and prepared balance sheets, profit/loss statements, and other financial reports.
- Maintained confidentiality and secured financial information with regular database backups.
- Ensured compliance with financial policies, regulations, and legislation.
- Developed and enforced procurement policies and procedures to streamline sourcing and purchasing.
- Conducted strategic sourcing initiatives and evaluated global suppliers.
- Negotiated contracts and finalized product costing with vendors, ensuring compliance with timelines.
- Managed product inventory and maintained accurate procurement records.
- Implemented supply agreements and ensured inventory compliance with company policies.
- Reported procurement performance and cost savings to senior management.
- Created and managed purchase orders in the SAP system.
- Analyzed bids and awarded vendor contracts based on cost and time efficiency.
- Collaborated with various departments to meet procurement needs effectively.
- Developed procurement strategies to align with organizational goals.
- Negotiated favorable terms and conditions with suppliers.
- Led the procurement team to ensure compliance with regulations and policies.
- Implemented process improvements to enhance efficiency and reduce costs.
- Managed procurement processes and prioritized indent requests.
- Provided weekly and daily reports on procurement activities to management.
- Negotiated with local and international vendors for the best pricing.
- Handled logistics, customs clearance, and vendor payments.
- Maintained minimum stock levels and managed procurement-related entries in software systems.
- Managed all aspects of LC-related work, including documentation and tracking shipments.
- Coordinated with suppliers, banks, and customs to ensure timely release of goods.
- Prepared and processed purchase orders and maintained consignment status reports.
• Dealing with Tax officers for necessary documents for a full audit.
• Monthly filing of VAT & E-TDS
• Preparing for vendor payment as per the payment terms mentioned in the purchase order.
• Preparing cost sheet of all import purchases.
• Supervising and overseeing the general ledger activities and ensuring journal booking, posting, and closing the books are done on time and accurately.
• Solving the problem that arises in accounting software (i.e Swostik, Finpro)
• Maintaining accounting controls by preparing and recommending policies and procedures
• Maintain party Ledger, Handling staff payment (salary Sheet)
• Managing Petty cash.
• Maintaining Sales & Purchase Register.
• Performed general office duties and administrative tasks
• Handling all financial activities, Handling purchase activities.
• Reporting monthly activities to the Corporate Body
• Preparing Financial Report (Profit & Loss A/C & Balance Sheet)
• Preparing vouchers (journal voucher, debit voucher, credit voucher, payment voucher
• Maintaining office filing system/documentation.