Associate Manager
Phoenix Group
مجموع سنوات الخبرة :6 years, 7 أشهر
Current role - Associate Manager (Since April 2015)
The key responsibility includes finalizing reporting for Rice desk vertical of the company from various subsidiaries enable consolidation and reporting to top management including CEO. Part of the core team to manage 10 subsidiaries MIS reporting to corporate plus involved with corporate finance for managing credit facilities. Other responsibilities are as listed below:
Closely monitoring working capital of the Rice desk vertical as a whole after co-ordination with all respective finance teams of each and every subsidiary.
Oversee the rice desk vertical recording and reporting of sales and purchases contract plus invoicing summary in line with the shipments executed periodically.
Review of inventory management reporting for rice desk vertical periodically
Part of core team to close yearly numbers for rice desk on Inventory. Was included in team to visit Maputo, Mozambique and complete the same for 2015.
Part of core team to review Budgeted PnL v/s Actual PnL for rice desk and reporting the same.
Training Subsidiaries Finance and Accounts team in relation to Rice desk vertical MIS reporting periodically and review of the same.
Co-ordination with banks for trade finance function
Communication with Global banks and third parties on rice desk related operations for smooth operations.
Review of Rice desk vertical overall utilization of credit facilities including monitoring and periodical reporting
Oversee team on daily basis for day to day inventory management at all locations. Total 500, 000mts + sales in all subsidiaries being currently handled.
May’12-Mar’13 with Phoenix Commodities Pvt Ltd (Phoenix Group Holding Company) as Finance Executive and since Mar’13 to Mar’15 with Phoenix Global Trade Solutions Pvt Ltd (Phoenix Group global support back office) as Team Leader - Finance
Key Responsibilities:
Managing credit facilities including but not limited to presenting of transactions to banks within the structured facility, co-ordination with bankers for approval and with trade and support desk for meeting the deadlines towards establishment of negotiable instruments, replying to bank queries until transaction is liquidated with regular reporting/update on each transaction.
Regular co-ordination with counterparts in banks for effective credit facility management
Documentation of processes including creation of various templates encompassing complete finance operations
Responsible for training new members in the team on various finance operations and reviewing the work performed by team members.
Part of finance team for effective fund management basis available banking limits
Entry of funds receipts and settlement in holding company reporting software.
Management of key bank accounts including but not limited to sending queries on bank charges and claiming reimbursement for excess charge
Maintaining position sheet of banks with periodic comparison and reconciliation for accurate line availability position
Reporting current position of various bank limits, basis each sub limit and overall availability and upcoming maturities for effective decision making.
Handling initiation of bank account opening at Global banks
Co-ordinating with consultants for new entities incorporation by submission of required docs from finance desk.
Was offshore for 3 months in Bangkok, Thailand for finance assignment. Same transitioned successfully to team in Hyderabad office.
Handling the end-to-end payroll process from data receipt, through to input, checking, auditing, processing and post processing duties such as payments to third parties including Tax Year End with validations.
Processing of client data, validation of payroll reports and transmission of payrolls to ensure the client’s employees are paid every pay cycle.
Responsible for the accuracy and timeliness of payroll data input and output, ensuring each payroll is delivered in line with client expectations
Possess extensive knowledge in UK Legislations
Follow the mapped processes in line with deliverables to effectively support UK service model.
Reconciliation of various payroll related reports.
Follow the processing calendar to complete time critical tasks.
Processing the inputs as per the client requirement and procedures.
Submitting payroll documents according to published deadlines, including approved Time and Attendance hours and Payroll Pay Request transactions
Processes regular and supplemental monthly payroll for all employee groups; performs complex payroll calculations; verifies information from relevant forms; audits, corrects and balances payroll and a variety of reports;
Develops and maintains complex payroll spread sheets; compiles, analyzes, calculates and audits Information from all relevant forms;
Perform research, data compilation, analysis and evaluation, taking corrective action as and when needed;
Meet with client tactfully and courteously and answer questions in person and by telephone;