MANAGER – FINANCE & OPERATIONS
ICT
Total years of experience :17 years, 6 Months
Implement financial & accounting policies and procedures, accounting control procedures, accounting software and all accounting duties up to Finalization (month & year end closing).
Maintaining the cash flow, preparing and submitting different reports to the management.
Produce management accounts, financial, management and regulatory reports required by laws.
Financial analyses, planning and budgeting (month wise & yearly wise).
Responsible for financial planning and management of projects, managing the day to day activities of projects and expenditure tracking.
Providing financial, commercial and strategic support to the business.
Leading the sales Team & implementing marketing plans & Develop very strong dealer network.
Completes operational requirements by scheduling and assigning employees; following up on work results.
Identifies current and future customer requirements by establishing relationship with potential and actual customers.
Ensures availability of merchandise & services by approving contracts; maintaining inventories.
Estimate and determine the types and amounts of goods and materials required.
Profitability analysis, identifying areas for cost cutting and overall business plan & improvement.
Maintains operations by initiating, coordinating, and enforcing program, operational, and personnel policies and procedures.
Correspondence with banks, Auditors, vendors, clients, Insurance companies, UAE Pension Fund Authorities and conducting meeting with vendors and clients.
Complete responsibility for payroll (WPS) process and related activities, sales commission, overtime, other benefits and staff settlement.
Handling cash, cheques, and other valid documents and keeping locker key.
Dealing with banks and arrange facilities. Arrange for final auditing.
Preparing overdue and collection reports to determine the status of collections and the amounts of outstanding balances, follow up for payment certificates, retention money etc.
Organize with cargo agencies to deliver the consignment on time.
Credit control, follow up collection and manage receivable and payable.
General Ledger accounts including customer accounts verification and reconciliation.
Analyze revenue and expenditure trends and recommend appropriate budget levels, and ensure expenditure control.
Interacts with Insurance consultants on risk coverage to ensure proper risk coverage.
Review quotations, placing purchase order and follow up, verifying Credit Notes and its posting
Costing, Pricing and Invoicing, verifying variance, in coordination with other departments.
Inventory Control, Preparation of Goods Receipt, and checking the stores with stock register.
Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks.
Reporting to Managing Director.
Develop and implement financial & accounting policies and procedures, accounting control procedures, implementing software and make sure the required functions properly functioning, conducting necessary testing in UAT before implementation. Advice /recommend Accounting software agency regarding the accounting templates, automated system function including consolidation, automated reports
Review accounting entries and reports to make sure the accuracy and completeness.
Reporting accounting discrepancies due to system issues or user mistake to software agency for rectification and providing useful information to them to solve the accounting discrepancies.
Maintain LMS (Lending Management) related GL databases, software systems
Responsible for all LMS related accounts including, Interest accrual, penal interest, processing fees, commissions and other charges, PDC bounce charges, installments outstanding, Customer accounts, loan a/c, down payment a/c, initial money a/c, disbursal control a/c, Excess Money a/c, Pre payment a/c, valuation fee a/c, collection and recovery charges a/c, accounts reconciliation and confirmation for loan settlement, balance confirmation, Partial settlement, prepayment charges, foreclosure, Provisioning, Interest in suspense a/c etc.
Monitor and ensure completeness of all PDC related activities, follow up on bounced PDC
Verifying loan file before releasing payment and make sure the documents are properly signed and approved by CEO
Visit vendors (vehicle dealers), & arrange credit facility
Managing bank locker, sending data file to bank locker in coordination with IT department
Preparation of payroll (WPS), sales commission and related activities. Coordination with HR to obtain attendance and leave data, preparation of payments related to monthly pension
Dealing with outsource staff agencies
Training and supervising new and junior staff
Preparing ageing analysis, providing monthly provision for bad and doubtful debts and calculating the interest and other income to be moved to Interest Suspense Account as per UAE Central Bank regulations
Preparing overdue and collection reports to determine the status of collections and the amounts of outstanding balances.
Corporate customer’s account opening, monitor corporate deposits, interest calculation, manage trade finance like LC, LG, Bid Bond, Performance Bond &investment and update EIBOR
Monitor and ensure the preparation of monthly and yearly Management Accounts
Correspondence with banks, Auditors, vendors, corporate customers, Insurance companies, UAE Pension Fund Authorities, UAE Central Bank and attending Central Bank meetings.
Working with various departments like IT, Operation, Collection & Recover, Internal Audit, HR, Corporate & Retail Sales to help them in the day to day activities, to develop policy & procedure manual, plan their budgets etc.
Renewal of Health, Life, Property, Workmen compensation, money and fidelity insurance
Ensure timely and accurate Central Bank monthly, quarterly and yearly return-filing
Interact with internal auditors, external auditors and Central Bank auditor in completing audits.
Ensure preparation of Monthly/Quarterly/Half Yearly internal/external reports in respect of performance reviews and audit issues
Managing the payable, preparation of cheques and disbursement of payment
Maintain good relationships with banks and financial institutions and placing or renewing fixed deposits with bank, arranging bank facility and all other treasury activities.
Verifying daily Fund flow position, and cashier balance reconciliation
Maintaining the Fixed assets register
Custody of safe, contents in safe including unused cheques and important documents. Prepare and submit monthly statement on all items held under custody
Reporting to CFO and CEO
Creating journal entries, reconciling customer ledger accounts, bank reconciliation, maintain cash flow, Treasury activities and other accounting duties up to Finalization (month year end closing).
Managing the payable, preparation of cheques and disbursement of vouchers, reconciliation of suppliers' account and the purchase ledgers, identification and correction of discrepancies, follow up with purchases return, posting credit notes, advising suppliers for payments etc.
Maintaining payroll, preparing salary transfer letter, pay slip, arrange to collect cash from bank for those who are taking cash salary, arrange to send the cash salary to different location, collect the signed copy of pay slip, verify attendance sheet, sick leave applications, annual leave applications, posting entries in the ledger account, reconciling ledger accounts, preparing annual lave salary, final settlement, salary advance, calculating over time salary, incentive & bonus, keeping separate records for deductions from staff and incorporate it in the pay roll, salary revision, submitting different report to the management as and when required.
Training and supervising new and junior staff.
Handling showroom sales cash and arrange to remit the cash in the bank.
Monitor credit card transactions and related activities.
Handling petty cash & petty cash transactions and replenishment of petty cash against bills.
Financial analyses, planning and budgeting. Dealing with bank and Auditors
Maintaining and follow up with the business agreement with the suppliers and credit control.
To supervise and see that all vouchers and inventory receipts reports entered into the system accurately and on a daily basis. Monitor purchase and sale on consignment basis.
Verifying Purchase Orders with Inventory Receipt Report, invoices and Costing & Pricing.
Prepare financial and other management reports.
Reporting to General Manager and CFO.
Implement financial & accounting policies and procedures, accounting control procedures,
Accounting software and all accounting duties up to Finalization & Internal auditing
Maintaining the cash flow, preparing and submitting different reports to the management.
Maintaining payroll, Staff commission, Handling cash, cheque and keeping locker key.
Produce management accounts, financial, management and regulatory reports required by laws.
Financial analyses, planning and budgeting (month wise & yearly wise)
Develop and analyze information to assess the current and future financial status of firm.
Review and recommend changes to the investment policies based on the market conditions
Visiting vendors and travelling to business meetings.
Monitor supply and distribution of goods; organize with cargo agencies to deliver the consignment on time.
Correspondence with Auditors, Banks, vendors and Pension Fund Authorities.
Credit control, follow up collection and manage receivable and payable.
Analyze revenue and expenditure trends, profitability and recommend appropriate budget levels, expenditure control and maintaining Fixed Asset Register.
Interacts with Insurance consultants on risk coverage to ensure proper risk coverage
Review quotations, placing purchase order, Costing & Pricing, Invoicing, Credit note etc.
Inventory Control, Preparation of Goods Receipt, and checking the stores with stock register.
Reporting to Managing Director
All Administrative duties, managing all accounting & finance activities of Head Office and Branches including cash flow and Treasury activities.
Maintaining payroll, sales commission, Handling cash, petty cash, PDC and keeping locker key.
Customer account opening, accepting deposit, FD renewal, loan approval, etc.
Leading & Motivating a group of accounting personnel in a computerized environment
Visiting dealers and customers and travelling to business meetings, arranging dealer and customers meetings monthly or quarterly.
Correspondence with Auditors, Banks, Sales Tax Authorities, Income Tax Authorities and Reserve Bank of India.
Maintaining day book & ledger accounts and FA Registers and customer ledger reconciliation.
Internal auditing & Finalization of Accounts (month year end closing) & consolidation.
Produce management accounts, financial, management and regulatory reports required by laws.
Preparing overdue and collection reports to determine the status of collections and the amounts of outstanding balances.
Monitor supply and distribution of goods; organize with cargo agencies to deliver the consignment on time.
Review and recommend changes to the investment policies based on the market conditions.
Filing documents with government authorities, Sales Tax & Income Tax Authorities.
Financial analyses, planning and budgeting (month wise & yearly wise)
Set annual business plan & profits and achieve the budgeted revenue
Credit control and manage receivables & payables. Dealing with Auditors and Banks
Review quotations, placing purchase order, Costing & Pricing, Invoicing, Credit note etc.
Inventory Control, Preparation of Goods Receipt, and checking the stores with stock register
Reporting to General Manager
Leading and motivating a group of account personnel in a computerized environment.
Planning, coordinating and organizing day-to-day activities of head office and branches.
Maintaining payroll, sales commission, Handling cash, petty cash, PDC and keeping locker key
Internal auditing & Finalization of Accounts (month year end closing) & consolidation.
Produce management accounts, financial, management and regulatory reports required by laws.
Fixed Asset Register.
Credit control and maintaining customer profiles. Dealing with auditors and Banks.
Financial analyses and planning & budgeting (months wise & yearly wise)
Set annul business plan & profits and achieve the budgeted revenue.
Develop and analyze information to assess the current and future financial status of firm.
Visiting dealers and travelling to business meetings, arranging dealer meetings monthly or quarterly.
Correspondence with Auditors, Banks, Sales Tax Authorities, Income Tax Authorities etc.
To follow up collection, manage receivables & payables and customer ledger reconciliation
Preparing overdue and collection reports to determine the status of collections and the amounts of outstanding balances.
Leading the sales Team & implementing marketing plans & Develop very strong dealer network
Monitor supply and distribution of goods; organize with cargo agencies to deliver the consignment on time.
Filing documents with Sales Tax & Income Tax Authorities.
Review quotations, placing purchase order, Costing & Pricing, Invoicing, Credit note etc.
Inventory Control, Preparation of Goods Receipt, and checking the stores with stock register.
Reporting to Managing Partner.
One year executive MBA
• M.Com(Master of commerce )from University of Kerala 1995 (2 years full time course)
B.Com(Co - Operation; additional elective subject )from University of Kerala in 1990( 1 years course)
• B.Com(Cost Accounting )from University of Kerala in 1989(Attested)(3 years full time course)
Pre Degree (Accountancy & Commerce) from University of Kerala in 1986 (2 years full time course)
10th STD, Exam conduct by Secondary Board of Public Exam., Kerala
