Senior Accountant
Tool Time LLC
مجموع سنوات الخبرة :16 years, 7 أشهر
Recording asset, liability, revenue, and expenses entries by compiling and analyzing account information from various sources.
Monthly reconciliation of general ledger and sub-ledger accounts - High volume over 300 client’s accounts and 3 bank accounts.
Debtor following up and collection of payment according to the credit terms.
Processing supplier’s payment as per credit terms and scheduling the payment.
Investigating and resolving discrepancies in monthly bank accounts and reconciliation of bank accounts while under tight deadlines.
Verifying and approving contracts, purchase orders, payment vouchers, receipt vouchers and validating the documents as per company policies and regulations.
Overseeing billing activities and ensuring all the jobs have been invoiced as per the quotations.
Responsible for all payroll duties for 75 plus employees. Processing of end of service benefits and other final settlement dues.
Maintaining schedules and preparing entries for the amortization of prepaid and other fixed assets.
Passing monthly adjustments and closing entries and preparing monthly reports for the management.
Preparing and review of balance sheet, income statements and supporting schedules for the year end closing of company books.
Accounting of VAT transactions, ensuring the compliance and filing VAT returns.
Advising the management in terms of cost reduction, inventory management and to maximize the revenues for recording maximum profits.
Compiled and analyzed financial information to prepare various accounting entries.
Monitored ledger accounts by regular reconciliations to avoid financial discrepancies.
Processed vendor and other payments as per schedule and ensured that all vendors are paid on time as per agreed credit days.
Coordinated with the bank for the issue and amendment of letter of credit, and ensured that the LC is issued on time as per the agreed trade terms.
Prepared export import documents according to LC instructions, supplier and customer requests and UCP600.
Settlement of LC document dues to the bank as per the agreed credit days, monitoring and deleting the expired LC’s.
Applied and accounted the trust receipt loans to settle the LC documents.
Handled daily cash management activities such as cash deposit, fund transfers, bank wire and net banking transfers.
Ensured collection of pending dues from debtors on time.
Reviewed fixed assets ledger accounts and posted depreciation expenditure on monthly basis.
Bank reconciliation, vendor account reconciliation and inventory tracking.
Handled payroll processing using WPS system.
Monitored compliance with accounting principles and company procedures.
Established and maintained good relationship with bank managers, auditors and suppliers, ensuring compliance with all regulatory bodies.
Prepared various financial reports to the management.
Liaison with internal as well as external auditors, therefore assisting the finance manager to carry out the annual Audit.
Managed accounting tasks like passing journal entries and ledger account postings.
Follow up and collected payments from customers and recorded the transactions.
Posted account payable bills to the appropriate account heads.
Managed creditors and processed the payment as per the credit terms.
Prepared bank reconciliation and related journal entries for multiple bank accounts.
Assisted in preparation of year end closings and accompanying financial reports.
Liaised with bankers, insurers and financial companies regarding financial transactions.
Resolved promotional allowance, rebate, and pricing discrepancies by researching promotion details and regular and special prices.
Endorsed warrants or money orders, prepared account deposit ticket, and deposited money as directed.
Performed multiple tasks like facilities management, data communications, insurance and HR services.
Assisted to carry out credit control, chasing debt via telephone, email and letter.
Prepared weekly confidential sales reports for presentation to management.
Coordinated with the auditors during annual audit and assisted the finance manager for finalization of accounts.
Bachelor of Commerce from University College Mangalore in the year April 2003 Scoring 72%. Attested (No 127560) by Ministry of Foreign office, SHARJAH, UAE and Embassy of the UAE, New Delhi (No 124152)
Pre University from Government Junior College Kavoor Mangalore Scoring 77 %
SSLC from Sri Ramashrama High School Konchady Mangalore Scoring 73%