Amruddin Shajahan

Managing finance functions involving determining financial objectives, designing & implementing systems, policies & procedures to facilitate internal financial controls.
Extending finance module implementation support for Oracle R12 setup (Procurement, AP, AR, Sales Module, Cash Management, GL)
Devising need-based business strategies for maximizing profitability & revenue generation & realizing organizational goals.
Developing and maintaining adequate internal control system, preparing annual and periodic financial results, submitting to the management for review and control the finances
Formulating budgets and conducting variance analysis to determine difference between projected figures & actual expenditure and implementing corrective actions
Liaising and negotiating with banks and financial institutions for raising fund and non-fund based facilities to meet working capital and project requirements
Handling end to end transaction in Oracle system for Projects accounting, Payables, Receivables, Reconciliation, Sales, Advances, Petty cash, Cash Management, Adjustment entries
Designing and implementing systems & procedures; supervising the consolidation of group accounts and preparation of financial statements & annual reports
Supervising the preparation of MIS reports to provide feedback to top management on financial performance, fund management, credit control, profitability
Ensuring compliance to the govt. rules and regulations as lay down by statutory authorities for assessment and filing Tax returns
Coordinating with statutory/ internal and RERA auditors for timely completion of audits & implementation of audit observations
Reviewing existing processes, and leading the implementation of systems aimed at enhancing process and operational efficiency of the organisation
Preparing Consolidated Financial statement, Financial Modelling and In house feasibility report

Shouldered preparing and updating Budget (Income statement and cash flow)
Prepared and submitted RT02, RT03, RT04 and other reports to escrow bank and Land Department.
Managed RERA, Trust Account System and Escrow for the ongoing project
Spearheaded project related activities, escrow and non-escrow account, Accounts payables, Accounts Receivables, Reconciliation, General Ledger, Management reports, Financial audit and Month End close activity
Expertise in new banking facility, mortgage finance, refinancing project, interest working and financing cost.
Coordinated with Land Department RERA audit and financial audit for audit scheduling, clarifications and carrying out audits

Engaged in comparison of actual with budget for P&L and cash flow on monthly basis for G&A expense, Marketing expense, leasing receivables, Business center expense, project payables.
Spearheaded Payables (Trade payables, project payables, commissions, petty cash, advances, utilities, leasing \{checkout\}, urgent payments, end of service, etc..), Reconciliation, General Ledger and Month End close activity.
Shouldered accruals, prepayments, depreciation, amortization, department allocations & adjusting GL entries.
Coordinated with internal departments and all suppliers (Construction, Consultancy, Maintenance company, Legal Entity, Marketing, Insurance and General Suppliers) through mails and calls.
Prepared and maintained MIS reports, month end management reports & others etc. are sent to the higher authorities within given time frame.

 Instrumental in handling and managing whole gamut of financial and accounting matters of the company, heading a 11 members team- 7 Processors, 2 Specialists and 2 CRC.
 Working on end to end process and successfully handling a team of associates.
 Spearheading efforts across conceptualizing and implementing innovative business strategies & plans to initiate and control finance, projected towards organizational goals to maximize profitability.
 Expertise in preparing and maintaining MIS reports for monitoring movement of key business indicators to facilitate decision making and fruitful dissemination of information & Line of Business wise profitability; also looking after that all relevant MIS are sent to the higher authorities within given time frame.
 Ensuring that Vendor reconciliation and Intercompany reconciliation is carried out on monthly basis; also ensuring that Monthly MIS is sent on Vendors aging with Remarks.
 Handling Payment Run, Foreign payment, Urgent payments, CIS tax, VMD queues, T & E Audit, Complete month end activity, Accruals, Debit Balance, Cash book suspense, GRNI, Internal Audit, Mails and Reporting.
 Frequent interaction with Clients and Vendors.
 Adroitly carrying out monthly variance analysis of the forecasted budget against the actual results, critically evaluating all elements to identify the reason for surplus / deficit.
 Efficiently coordinating with Internal Auditor/ Statutory Auditor for audit scheduling, clarifications and carrying out audits.

 Supervised and managed the working of a team of 5 Processors.
 Deftly managed Investigation for payments, Vendor Reconciliation, Reduced debit balances.
 Doing accruals and passed necessary journal entries.
 Reconciling of Payout Suspense A/c - Reconciliation between payout customer Vs GL (General Ledger)
 Cash management processing center A/c - Reconciliation between customer credits Vs GL.
 Follow up and investigation will be done for all the accounts and frequent interaction with support team to solve the issue.
 Deftly looked after overall working and ensured timely & accurate functions.

 Accountable for handling
o Invoice processing (PO and Non PO) Intercompany invoice and Freight invoice.
o Error Log resolutions.
o Fallout queues, Audit queues and QC.
 Planned the process effectively with overall responsibility for maintaining various process metrics and strictly adhering to the compliance procedures at all times
 Assured effective and optimum utilizations of the available resources and manpower and implemented robust strategies to ensure excellence in service delivery
 Ensured highest standard of customer satisfaction and quality service; developed new policies and procedures to improve based on customer feedback
 Backing up the single point of contact’s responsibilities at the time of his absence.

 Maintained various books of accounts and effect finalization of accounts periodically and prepare month-end financial statements in compliance with accounting standards.
 Monitored and managed the day-to-day accounting operations including maintaining income, expenses, inventory, Cash flow and fund flow statement, outstanding credit sales and other Journal vouchers for data entry.
 Actively coordinated with the Bank Authorities and prepare Income statement and Bank Reconciliation Statements
 Handle Letter of Credit, Import and Re-Export documentation.
 Liaison with bank, shipping company and insurance company.
 Actively involved in monitoring statutory books of accounts, inventory control, bank reconciliation as well as financial statements including Trial Balance, Profit & Loss Account, Income & Expenditure A/c, Accounts Payables and Receivables Statements.