Infrastructure Co. Oman
Al Manar International LLC
Total years of experience :5 years, 10 Months
Responsible to maintain accounting ledgers and reconciliation of accounts.
* Weekly/monthly reconciliation of bank accounts, receivables and payables.
* Preparing and processing of Import and export documents and follow up with clearing agents.
* Monthly closing of accounts and preparation of financial statements.
* Responsible for all journal entries and accruals and process the month end closing.
* Preparation of schedules of fixed asset depreciation, prepaid expenses, etc.
* Responsible for communication with internal and external auditors and provide details as and
when required.
* Preparing and processing of Leave and final settlements of employees as per labor law.
* Preparing and processing LPO’s as per requests received and follow up with suppliers.
* Sub-contractors bill verification, reconciliation and processing of payments.
* Booking of sub-contractors & suppliers payments, preparing and issuing of cheques.
* Handle complete AR/AP process according to standards.
* Handling and recording petty cash expenses.
* Preparing trail balance and other reports as required by management.
* Handling payables department, from issuing of LPO to processing of payments
* Independently finalization of accounts and assisting internal and external audit team in closing
of Accounts and preparation of financials reports.
Adil Bhandari
ROLES & RESPONSIBILITIES:
Managed a 4-member Accounts and Import& export Department in coordinating logistics of
overseas shipment arrivals and dispatches, ensuring on-time receipt of all orders and updating
accounts of day to day transactions and monthly reconciliation of books of accounts.
* Liaised between overseas factories and the operations, sales, and product development divisions,
monitoring order placement, inquiries, delivery confirmation, product schedules and documentation.
* Conducted biweekly reviews of product overstock, identifying under-selling products and
implementing strategies to reduce stock, including permanent markdowns of product prices and
liquidations.
* Evaluated market conditions, developing sales strategy by adjusting product pricing to predict and
overcome potential complications.
* Reduced inbound transportation costs through shipment consolidation, elimination of virtually all air
freight shipments, enacted changes in vessel shipment transportation, and completed contract
renegotiations with freight forwarders.
* Coordinated scheduling, increasing sales and profitability by preventing inventory shortages and
avoid expedition charges.
* Established, trained and directed a customer service representative team focused on resolving
issues and answering general questions.
* Maintained profitability and contributed to a company sales increase during a declining economy.
* Served as a liaison between the operations team and the customer to ensure customer satisfaction
and improve communications.
* Maintaining Trade and Current account of company.
* Reconciling bank statements with system entries and passing general entries.
* Vendors and debtors reconciliation.
* Passing required general and related party entries in Navision.
* Reconciliation of Trade and Current account on regular basis and co-ordination with group logistics
and accounts teams
* Co - ordination with group export department in scheduling regular shipments from centralized
DC/warehouse.
* Preparing export invoices and calculation of custom duty, continuous tracking of export shipment
until shipment reaches destination.
* Scheduling day to day shipments from Dubai DC to local stores, monitoring shipments dispatch to
delivery at destinations stores.
* Processing purchase of the shipments and updating inventory at system level.
* Updating item masters and price masters of the new arrivals as received from brand teams.
* Follow ups with brand teams with respect to prices.
* Updating promotions and sale prices at system level and pushing masters to stores.
* Preparing sale lists as per local laws and applying for approval at local ministry.
* Co - ordination with principals of brand with respect to scheduling of shipments and monitoring
shipment dispatches.
* Maintaining import and export tracker for all the shipment arriving and dispatching.
* Co - ordination with local clearing agents for Air and sea freight shipments, follow up until
shipment clears customs and delivered at destination.
* Co - ordination with Area sales managers and store manager related to shipment and other issues.
Adil Bhandari
* Ensuring equal proportionate of job division in team and monitoring.
* Assisting in finalization of accounts.
Accounts
Directed financial management functions including development of monthly/quarterly financial
statements, financial forecasts, and budgets. Oversee general accounting functions, including AR/AP,
account reconciliation, and cash management. Administer all financial management systems,
evaluating and integrating new applications. Develop highly skilled accounting and financial
management team to achieve established objectives. Interact with the Board of Directors and
President concerning financial forecasts and reports. Imports follow from placing the order till the
delivery at our destination.
* Responsibilities as an export import executive including dealing with already existing accounts and
calls from China and Malaysian countries.
* Preparing government tenders, documents, requirements, reports and product proposals and price
quotations.
* Processing and executing authorizations, substitutions, orders, replacements, credit memos, etc.
* Interacted with the foreign customers and dealers through fax, verbal and written communication
to provide the information about the delivery and products to be delivered.
* Act as a liaison in between corporate and field operations like advertisements, development, legal
department, or manufacturing.
* Ensured the delivery of the product on schedule.
* Handled the queries and issues of the customers, and resolve them very effectively.
* Carried out general ledger functions, including account analysis and reconciliation, journal entries,
and AR/AP. Prepared financial statements.
Key Achievement:
* Consistently met deadlines while demonstrating strong analytical and problem-solving skills to
achieve corporate objectives.
* Bank Reconciliation, Maintaining Accounts & Finalization of Accounts, Data Entry.
* Company Registration, Maintaining Minute Book, Creation of Charges.
* Conducted month end closing and generated all corporate Financial Reporting Balance Sheet, P&L,
Cash Flow Statement.
* Analyzed reporting Budget against Actual Expenditures for management review.
* Maintained company Fixed Assets and Depreciation.
* Prepared and maintained Bank Reconciliation.
* Reconciled GL accounts and Passed journal entries.
* Processed invoices, employee expense reports, and check requests.
Prepared financial reports, developed budgets, and performed variance analysis in accordance with
business plan. Compiled periodic financial reporting packages for senior management. Carried out
internal audits to ensure regulatory compliance and operational.
Closed and prepared monthly financial statements and audit reports. Performed monthly account
reconciliations and monitored general ledger transactions. Worked in collaboration with controller to
ensure accuracy and integrity of financial information in support of overall business objectives.
Key Achievements:
* Increased productivity levels by providing key contributions toward automation of account
reconciliation processes.
* Managed annual and equipment acquisitions, review, analyze and recommend profit enhancing
strategies for earning results.
* Maintained accounting records including ledgers, journals, registers, and individual accounts.
* Classified and coded revenues and expenditures for entry into appropriate accounting records.
* Reviewed and reconciled various financial transactions.
* Examined invoices, expense vouchers and other source documents to verify obligations and post
appropriate records.
* Prepared financial reports, statements and schedules of standard design.
* Maintained files of source documents and other information related to accounting activities.
* Prepared the annual and monthly cash budgets based on approved funding.
* Presented and facilitated the review of actual to budget expenditures with the program managers.
MBA finance
Bachelor of Business Management in Finance & HR