Senior Accountant
Hotel Crown City
Total years of experience :5 years, 0 Months
o Prepared Balance Sheet, Profit & Loss Account, cash flow statement, statement of Retained Earnings, Bank reconciliation statements and other statements to summarize current and projected company financial position.
o Prepared item wise Cost of goods estimates, Cost of Goods Sold, Calculate variances in Budgeted and Actual Cost of Goods Produced, Co-ordinate to schedule the Production according to demand.
o Prepared Payroll for almost 110 to 120 employees by assuring attendance and deducting short and full term advances according to agreements made.
o Managed Accounts Payable by crediting them according to their supplies received and checked by store in charge and debiting them according to postdated cheques paid with the approval of Directors.
o Record and reduce the balance of accounts Receivable by ensuring low level of credit sales and receiving payments efficiently with the Co-ordination of sales team.
o Prepare and check the Trial balance by recording day to day expenses, Posting Ledgers and verifying the Contra check of vouchers.
o Managed the store to purchase items in Economical order Quantity; Get an audit report of Store by cross checking purchase, issuance, Opening & Closing Balances.
o Trained and managed 10 Accounts Department staff members directly and achieved significant improvement in productivity
o Post daily cash book into software according to chart of accounts prepared by senior accountant of the company.
o Assist in Preparation of Work in Process and production report and calculate variances in budgeted and actual quantity variances of different type Material used and No. of labour hours utilized.
o Managing the Accounts Payable by ensuring suppliers’ payment on time, quarterly supplier reconciliation, regular review of aging report and timely monthly closing of accounts payable
o Managing Accounts Receivable on time by review and analysis of aging report
o Preparing the daily cash flow and budgets for forecasting the cash needs
o Make sure filing of vouchers according to transaction dates.