Head Accounts and Finance
Furniture Kraft
Total years of experience :24 years, 6 Months
Supervising day-to-day banking activities; furnishing stock statement in time for regular assessment; supervising all activity. Production Planning and inventory control.
Handling pricing & costing related works for Product .Product costing, Batch Costing, Activity based costing, Process costing and Contribution margin analysis.
Preparation of cash flow and fund flow statement. Monitoring cash flow of the company to review the cash position and forecast funds required for numerous expenses.
Engage in ongoing cost reduction analyses in all areas of the company.
Ensuring that all payments are made to suppliers within the stipulated time frame based on availability of funds & managing accounts payable within the pre-set parameters. Conducting ageing analysis of the payables to understand the paying pattern. And Collection from Customer within time frame.
Formulating budgets & conducting variance analysis to determine difference between projected & actual results & implementing corrective actions. Ensuring optimum liquidity position & establishing strategic cost management system for monitoring various overheads. Calculating cost & preparing cost statement
Supervising the preparation of MIS reports to provide feedback to top management on financial performance, viz. fund management & ageing analysis. Ensuring that all income/expenses at the end of month are accounted properly viz. Administration Bill, Revenue & other expenses & provision.
Coordinating internal, Tax and Statutory audits, evaluating internal control systems to highlight the shortcomings and suggesting and implementing necessary recommendations.
Performing analytical review of financial statements and evaluation of internal control systems for carrying out internal / statutory audits. Co-ordinating with statutory & tax auditors as per requirements & preparing financial statement as per law. Discussing on their queries & giving the suitable replies.
We are manufacturing / Import Nutrition and health supplement.
Supervising day-to-day banking activities; furnishing stock statement in time for regular assessment; supervising all activity. Production Planning and Inventory Control.
Core team member of ERP Microsoft Navision .
Handling pricing & costing related works for Product .Product Costing, Batch Costing , Activity based costing, Process costing, batch costing and Contribution margin analysis.
Formulating budgets & conducting variance analysis to determine difference between projected & actual results & implementing corrective actions. Ensuring optimum liquidity position & establishing strategic cost management system for monitoring various overheads. Calculating cost & preparing cost statement.
Review company bottlenecks and recommend changes to improve the overall level of company throughput
Procurement of Raw material and Packing Material .Physical verification of RM, PM and Finished Product.
Implementing systems, procedures & manuals for preparation & maintenance of statutory books of accounts & financial statements, ensuring compliance with statutory requirements.
Formulating batch Production and conducting variance analysis to determine difference between projected & actual results and implementing corrective actions.
Engage in ongoing cost reduction analyses in all areas of the company.
Monitoring the financial position by analyzing financial reports & reporting to the top-level management.
Spearheading income tax related works i.e. filing of tax returns, TDS return, computation of income, deducting tax at various sources, etc.; managing & supervising sales tax i.e. filling of sales tax return, GST, payment of sales tax in due date, determining setoff, issuing & collecting sales tax forms & fulfilling required information for sales tax assessment.
Analyzing the receivable position on regular basis in different formats like age wise and region wise, following up with marketing division for timely recoveries.
Performing analytical review of financial statements and evaluation of internal control systems for carrying out internal / statutory audits. Co-coordinating with statutory & tax auditors as per requirements & preparing financial statement as per law. Discussing on their queries & giving the suitable replies.
Handling month closing procedure in System - Monitoring provisions for expenditure, GRIR reconciliation, vendor/customer clearing, account clearing, accounting for CANVET, GRIR update for the month, running clearing process and depreciation run.
Internal Audit, Tax Audit and Statutory Audit .
Contract Manufacturing, Job Work and Letter of Credit, Import and Export Accounting.
Preparing financial statements including Balance sheet, Profit & Loss accounts, cash flow and Fund Flow Statement, etc.
Finance
•We are manufacturing asbestos and non asbestos Cement Product like roofing, partition, false flooring, false roofing, panels.
•Formulating annual budgets and conducting variance analysis to determine difference between projected & actual results and implementing corrective actions.
•Preparing financial statements including Trial Balance, Age-Wise Accounts Payables & Receivables Statements, Cash & Fund Flow Statement, etc.
•Analyzing the receivable position on regular basis in different formats like age wise and region wise, following up with marketing division for timely recoveries.
•Supervising day-to-day banking activities; furnishing stock statement in time for regular assessment; supervising all banking related works .
•Monitoring the financial position by analyzing financial reports & reporting to the top-level management.
•Handling pricing & costing related works as and when required by the management.
•Income tax deducting at various sources, etc.; managing & supervising sales tax, payment of sales tax in due date, Preparing credit connected reports and sending the same to the management for controlling & monitoring.
•Handling month closing procedure in System - Monitoring provisions for expenditure, GRIR reconciliation, vendor/customer clearing, , GRIR update for the month, running clearing process and depreciation run.
•Excise and service tax data verification.
Commercial activity
•Commercial activity like Sales, Sales tax, Collection and after sales activity (Credit note and replacement).
•Responsible for monitoring Branch Imprest accounts, C&FA Payments, Freight Payments, Employee Travel Expense Payments; ensuring timely monthly closing and reporting.
•Accountable for credit control and timely collection and minimization of outstanding for the business; collation and monitoring all collection reports; ensuring regular follow-up with collection teams and customers.
•Providing decision support on writing-off action in case of defaulting customers as necessary as well as documentary support to legal department in case of filing legal proceedings for overdue outstanding.
•Looking after C&F Operations which includes arrangement for proper and timely invoicing, goods delivery mechanism, proper documentation as per VAT & other laws.
•Monitoring stocks movement and providing information to Management regarding stock levels.
•Handling Depots Audit for commercial policies of company and conducting periodic physical verification of stock.
•Ensuring Commercial tax Compliances which includes payments and filing of returns, coordination of assessments etc.
•Liasioning with Commercial tax authorities, banks & stockiest; monitoring secondary & replacement claims of stockiest, MIS report for budget vs actual utilization of secondary scheme and implementation of RTGS system.
•Handling internal, statutory audit and tax audit.
•Commercial activity at zonal level .
ERP-SAP Project
SAP (R-3 Module ) core team member for FI Module end to end implementation.
Acted as core team member for SAP-FI (R-3 module )
We are exporting color and color intermediate .
•Preparing financial statements including Balance sheet, Profit & Loss A/c, Comparison of Budget with actual, Age-Wise Accounts Payables & Receivables Statements, Cash & Fund Flow Statement etc.
•Analyzing the receivable position on regular basis in different formats like age wise and region wise, following up with marketing division for timely recoveries.
•Supervising day-to-day banking activities; supervising all Monitoring the financial position by analyzing financial reports & reporting to the top-level management.
•Filling of TDS, sales tax and PT return, reports and sending the same to the management for controlling & monitoring
•We are manufacturing snacks ( ready to fry).
•Preparing financial statements including Balance sheet, Profit & Loss A/c, Comparison of Budget with actual, Age-Wise Accounts Payables & Receivables Statements, Cash & Fund Flow Statement etc.
•Analyzing the receivable position on regular basis in different formats like age wise and region wise, following up with marketing division for timely recoveries.
•Supervising day-to-day banking activities; furnishing stock statement in time for regular assessment, supervising all Monitoring the financial position by analyzing financial reports & reporting to the top-level management.
•Handling pricing & costing related works as and when required by the management.
•Filling of TDS, sales tax and PT return, payment of tax in due date
We are supplying marble powder to all paints company .
•Looking after C&F Operations which includes arrangement for proper and timely invoicing, goods delivery mechanism, proper documentation as per VAT & other laws.
•Accountable for credit control and timely collection and minimization of outstanding for the business; collation and monitoring all collection reports; ensuring regular follow-up with collection teams and customers.
•Preparation of Sales Budget and comparing with actual on monthly basis.
•Preparation of MIS as per Management
It is group of company and operation rolling mill and construction.
•Preparing financial statements including Balance sheet, Profit & Loss A/c, Comparison of Budget with actual, Age-Wise Accounts Payables & Receivables Statements, Cash & Fund Flow Statement etc.
•Analyzing the receivable position on regular basis in different formats like age wise and region wise, following up with marketing division for timely recoveries.
•Supervising day-to-day banking activities; furnishing stock statement in time for regular assessment; supervising all Monitoring the financial position by analyzing financial reports & reporting to the top-level management.
•Handling pricing & costing related works as and when required by the management.
•Filling of sales tax return, payment of sales tax in due date, Preparing credit connected reports and sending the same to the management for controlling & monitoring.