Senior Accountant
Eden line kitchen equipment trading llc
Total years of experience :16 years, 3 Months
Instrumental in preparation of Bank Reconciliation Statements along with AR Reports on
monthly basis
Act as HR and process all relevant Visa procedures, saving expenses to company by 3% of
total indirect expenditure
Developed and implemented effective accounting systems resulting to increase
productivity by 10%
Leveraged finance knowledge to strengthen controls and improve transparency
Contributed to financial and operational risk reduction by evaluating effectiveness of
controls and subsystems
Set up and improved accounting systems and processes to meet business needs and
maximize operational success
Offered advice and direction to help clients better understand financial goals
Updated general ledger with latest entries
Reconciled balance sheets and streamlined best practices for balance sheet processes
Prepared accounts for industry audits and supported audit process
Calculated tax owed, prepared and submitted returns and upheld compliance with all
applicable laws
Expedited payroll and invoicing by streamlining billing systems
Liaised with clients regarding financial plans and objectives
Completed year-end closing processes with controllers and external auditors
• Coordinating with Banks for the Facilities and provide cash flow for big projects funding.
Role:
• Preparing pre-Shipment documents for imports like Letter of Credits (LC) while coordinating with the Banks for collection of documents at the arrival of shipment and clearing them after submission of all necessary documents
• Coordinating with the Forwarder to initiate release of shipments
• Maintaining records for LC due dates while requesting for Trade Loans (TL) and tracking their dates of payment
• Generating daily invoices for the customers basis date of delivery
• Instrumental in preparation of Bank Reconciliation Statements along with AR Reports of all Divisions every 15 days for Management review
• Pivotal role in maintaining daily books of accounts and advances received by employees for payroll submission
• Conducting follow ups with customers on arrival of due dates and reconciling their statement of accounts as when required
• Handling petty cash for 5 Divisions
• Providing required date to Auditors for checking while handling related queries pertaining to GL, Receivables, Expenses and Liabilities
Highlights:
• Maintained the Asser Register of the organization while entering all transactions in Oracle Financials ERP
• Conducted follow ups with the customers in situations of payment overdue
• Performed closing of monthly books of accounts while preparing MIS for M/s. India Property and Online Ad Sales, AR Ageing/ MIS/ Monthly Profitability Reports, Ageing Trial Balance, Balance Sheets, Cash Flow Statements along with BRS for 3 banks namely, HDFC Bank, Citi Bank and Indian Bank
• Instrumental in recovering INR 2 Crores recovered from customers in 2010-11 in coordination with a team of 5
• Received the “A Value Contributor and Team Dedication” award as Team Finance for FY 2010-11 for recovering bad debts and thereby increasing the cash flow
Role:
• Prepared pre-shipment documents like Invoices, Packing Lists, etc. for custom clearance purposes along with post shipment documents like Invoices, Packing Lists, Bills of Lading & Certificate of Originfor bank negotiations and export clearance at the post of discharge
• Handled reconciliation of export bills to ensure timely payments
• Maintained record of Letter of Credits (LC) received and their usage
1. Maintaining HO Accounts as well as 5 Branch Accounts and entering the same in Oracle ERP.
2. Remitting Funds to respective Branches on basis of Requirement and Operations.
3. Preparing Daily MIS Statement of Sales & Collection and reporting to Higher Authorities
4. Following up the Collection from branches and status of funds
5. Reporting the Funds Status to Higher Authorities
6. Preparing monthly profitability statement for all branches
7. Preparing and Maintaining the Receipts (Collection from Customers) and payments (to Service Providers) Through Cash or bank.
8. Preparing monthly Bank Reconciliation for HO and Branches
9. Tracking of vehicle status of any very important consignment.
10. Monthly Billing & Revenue status & preparing of outstanding branch wise and customer wise.
11. Tracking the POD from the Destination Branches for Billing.
12. To pay monthly Service Tax based on collection of Every month and Filing Returns every 6 Months to the Govt of India.