General Accountant
Pharmaceutical Solutions Industry
مجموع سنوات الخبرة :18 years, 10 أشهر
- Main Duties are
• Authorization for posting of all the invoices, JV's, PV's & Receipts in SAP ERP
• Authorization for approving the payment orders
• Responsible for passing every month and yearend closing entries for Prepayments, Provisions, Accruals and Depreciation/Amortization
• Responsible for Assets Accounting and generating monthly assets reports
• Assisting the financial controller on budget preparation, calenderization & forecast
• Maintaining the schedules of LC'S, BG's, short term & long term loans and keep updating the status of all to the Finance Manager for proactive actions
• Entering the payroll entries in SAP ERP
• Reconciling the employee's payments like housing advance, other loans/advances, GOSI and other deductions
• Responsible for reconciling the foreign receivables
• Responsible for reconciling the foreign payables
• Preparing weekly sales report in comparison with Actual Vs Budgeted figures
• Preparing weekly Ageing Report for the Management
• Generating fortnightly collection report and pushing the collection department for more and more collection
• Preparing the Statement of Due Invoices and set the targets to the collectors for timely collection
• Preparing withholding tax payments for the selected foreign suppliers
• Preparing monthly VAT Payable report
• Responsible for preparing Bank Reconciliation Statement
• Assisting the FM in Month End and Year End closing
• Active liaison with the suppliers and other departmental head for solving timely issues
Active Participant on SAP S4 HANA on going Implementation Project :
Responsibilities
Study of AS-IS, TO-BE Process
Followed ASAP Implementation methodology and designed the business processes, wrote blueprint phase documentation and completed configuration during realization phase.
Meet regularly with Business Owners to evaluate and suggest changes in process that will enhance the use of SAP.
Determination of Organization Structure in SAP
Reconciliation of SAP Data with Legacy Data for the transition period
Configured settings for Company code, posting period variant, assigned document number ranges, tolerance groups for customers, G/L accounts and users.
Maintained required settings in Accounts Payable viz. Configuration of Automatic payment program, Payment terms and Settings related to Withholding Taxes.
Configured required settings for account determination, asset classes, screen layout rules, defining number ranges, external asset acquisition, inter company code transfers, settings for depreciation runs, Settings for automatic account assignment ( FI-AA Integration).
Configuration of Controlling area, cost elements, Cost centers, Cost center hierarchy, Internal Orders, Configuration of Profit Center Accounting & CO-PA
Integration Testing with respect to PP/MM/SD modules.
- Main duties include:
• Supervising the accounting staff
• Responsible for preparing monthly Financials
• Assisting the Finance Controller in all the accounting & Financial activities
• Fully responsible for month end and year end closing
• Independently handling Financial year end closing audit
• Reconciling intercompany accounts
• Preparing Payroll of the company
• Entering the month end entries of accruals, prepayments & depreciation
• Fully involved in Opening the LC’s & Bank Guarantees, discussing the discrepancies of the documents with the bank and clearing agents and finding the solutions to clear the discrepancies
• Conducting and supervising the physical Inventory counting every six months
• Reconciling the inventory differences and passing the adjustment entries
• Responsible for entering Item Journals, Hour Journals & generating the Project invoices and credit notes from the Project Module
• Responsible for calculating Unbilled and Unearned revenues of the projects
• Preparing the Projects profitability reports for the management
• Assisting to the Financial controller on Budgets preparation, budget calenderization & Cash Flow Statements
• Preparing the cash flow forecast to meet the cash inflows with cash outflows and arranging the funds beforehand to cover up the deficit of funds
• Maintaining the schedules for repayment of loans promptly
• Fully assisting the Tax Consultants for filing Tax and Zakat Returns
• Authorization of posting the entries in Dynamics AX
• Authorization to finalize the payments
• Providing the timely reports to the Management
• Active liaison with the Management, Banks, Suppliers, Customers and Auditors (Internal & External)
• Resolving the errors & issues in ERP Dynamics AX
• Proper training to the Peers on ERP Dynamics AX
• Controlling and Supervising work of other Accountants.
• Responsible for preparing monthly Financials for the Management
• Responsible for Project Accounting module & Asset Accounting
• Complete Responsibility of Month End Closing and Financial Year End Closing.
• Preparing weekly Cash Inflow and Cash Outflow Statements.
• Preparing Calenderization of the Budget
• Scheduling of Weekly Payments to the Suppliers.
• Inter-match of Invoices.
• Authorization to Finalize the Payments to the Suppliers.
• Authorization of posting entries of all the modules.
• Authorization of Opening new Accounts.
• Authorization to create the Cost Categories.
• Reconciling of all LC and LG payments with the Bank.
• Active liaison with the Banks, Suppliers, Customers and Auditors (Internal & External)
• Filing of the Monthly Withholding Tax Return to Department of Zakat and Income Tax.
➢ Master of Business Administration from Osmania University, Hyderabad, Andhra Pradesh (Specialization in Finance)
➢ B.Com. from Osmania University, A.P