Finance Manager
Golden Luck Group
Total years of experience :15 years, 2 Months
Financial Management, MIS, Audit, Profit & loss, Cash flow, Planning, Internel control, Trade.
•Manage the accounting process for Receivables
settled via cash and check.
•Prepare Financial Statements, P&L, Cash Flows in sync with applicable accounting standards.
•General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), Asset Accounting (AA), Cost Centre Accounting (CCA), Internal Orders (IO), Profit Centre Accounting (PCA),
•Keep close tabs on stock and conduct surprise stock counts for financial and operational control.
•Configuration of Enterprise Structure and Assignment of organizational Units Fiscal year, COA, Posting Period, Open & Close FI periods, Tolerance groups, Document types and number ranges.
•Maintain the Controlling area, and Versions for actual and planned postings.
•Creation of Cost Centres and Definition of Cost Centre Hierarchy .
•Configuring Chart of Depreciation, Depreciation Areas and Depreciation Key.
•Creation of Customer/Vendor Accounts Groups, Number Ranges, and Customer/ Vendor Masters Creation, payment terms, cash discount to Customers/Vendors
•Maintain the Versions for actual and planned postings.
•Maintaining Group and Low Valued Assets.
•Defining Interest Calculation Types, Defining Reference interest rates, Assigning Accounts for Automatic Posting for Interest Calculations.
•Purchase price valuation (PPV) analysis, Supply Chain Management (SCM) reporting .
•Month-end closing processes, Quarterly reporting Audits & Support of Liaison.
•Participation in annual budget preparation Understanding FICO modules to the extent that you are able to suggest process improvements
•Preparation of financial statements & Profit and loss (P&L) analysis
•Balance sheet accounts reviews and reconciliations .
Key Responsibilities:SAP FICO R/3
Financial Accounting :
•Manage the accounting process for Receivables
settled via cash and check.
.MIS preparations, Analyse data.
.Credit Insurance(Factoring) management.
•Manage the accounting process for Receivables
settled via cash and check.
•Prepare Financial Statements in sync with applicable
accounting standards.
•General Ledger (GL), Accounts Payable (AP),
Accounts Receivable (AR), Asset Accounting (AA),
Cost Centre Accounting (CCA), Internal Orders (IO),
Profit Centre Accounting (PCA),
• Keep close tabs on stock and conduct surprise
stock counts for financial and operational control.
• Configuration of Enterprise Structure and
Assignment of organizational Units Fiscal year,
COA, Posting Period, Open & Close FI periods,
Tolerance groups, Document types and number
ranges.
• Maintain the Controlling area, and Versions for
actual and planned postings.
• Creation of Cost Centres and Definition of Cost
Centre Hierarchy .
• Configuring Chart of Depreciation, Depreciation
Areas and Depreciation Key.
• Creation of Customer/Vendor Accounts Groups,
Number Ranges, and Customer/ Vendor Masters
Creation, payment terms, cash discount to
Customers/Vendors
• Maintain the Versions for actual and planned
postings.
• Maintaining Group and Low Valued Assets.
• Defining Interest Calculation Types, Defining
Reference interest rates, Assigning Accounts for
Automatic Posting for Interest Calculations.
• Purchase price valuation (PPV) analysis, Supply
Chain Management (SCM) reporting .
• Month-end closing processes, Quarterly reporting
Audits & Support of Liaison.
• Participation in annual budget preparation
Understanding FICO modules to the extent that
you are able to suggest process improvements
• Preparation of financial statements & Profit and
loss (P&L) analysis
• Balance sheet accounts reviews and
reconciliations .
Petty Cash Management:
• Maintain sufficient funds in petty cash for day to day operational expenditures and send bills to the HO for timely payment.
Accounts Receivable:
• Post invoices to customers and maintain record of dispatched invoices on a monthly basis through Invoices Report.
• Compile Receivables Report inclusive of Collection Plan from information obtained from SAP FICO, Tally (Accounting System).
• Prepare Balance Confirmation Report and dispatch it to relevant customers for recovery of dues that are outstanding.
• Assure that proper checks and balances are in place through Daily Collection Report, Party Outstanding Report and by reconciling data received from other departments.
Payroll:
• Prepare payroll on a monthly basis after accounting for Field Expenses, Conveyance, Mobile Expenses, LTA claims and Staff-Business Welfare Expenses.
• Share the completed payroll sheet in excel with the HO-Salary section for timely processing.
Other Responsibilities:
• Reconcile Bank balance in company records and agent float / client suspense balance.
• Collaborate with Bank Representatives and Auditors for seamless processing of Remittances, Bank Guarantees and LCs.
• Supervise administrative tasks, check status of vendor payments with the HO, thoroughly scrutinize ledgers and arrange fund based limits with Bank Representatives.
• Perform internal audit and final audit of the company and prepare CMA data.
• Manage end to end process of trade inclusive of LC, LBD, TR and other trade with banks.
Financial Management, Accounting, MIS, LC, TR, Budgeting, Planning, Cash management, Payroll management, Final Audit, Internal Audit, Stock Management, CMA, Credit lines arrangement, Financial analysis etc
Financial Management, Planning, Cash management, MIS, CMA, Balance sheet, cash flow, Budgeting, Payroll management, Internal audit etc
Finance,Accounts