Financial Controller
Confidential Company
مجموع سنوات الخبرة :24 years, 0 أشهر
Handling USA Finance and Accounts day to day Operations- Budgeting & Variances Month End Close out, Monthly P&L & Balance Sheet, statutory Compliance, Managing debt & equity funding, Audit for different clients and corporates. Supervised full month end accounting cycle closing month end activities.
• Supervised USA Accounting, prepared financial reports, analysed financial data and monitored internal controls. Liasoned with Bankers & Financial Institution, State Comptroller, City Comptroller. Worked with various brands of Franchisee Hotels i.e. IHG, HYATT, Marriott, Hilton.
• Attended meeting with Chairman to discuss & develop business and strategic plan. Developed & registered Tax profiles for different segments with States in USA. Migration of ERP, from Preparation of Chart of Accounts to Go Live, created function for MIS Report, Dash Board report for Management
• Define the credit control policy and ensure adherence to the same. Review the daily outstanding report and take actions in case of delays to ensure reduction in credit for the centre. Monitor collections from different sources and ensure daily bank reconciliation activity to facilitate effective performance
• Explain the procedures for joint bank account to all retailers and follow up to ensure opening of the escrow account, and efficient operations for all concerned parties. Responsible for coordinating with external CA firms for regular audits of operations (receivables/ credit control procedures, etc.)
Finance and Accounts day to day Operations- Debt Finance, Project Finance, Budgeting & Variances Monthly P&L & Balance Sheet, statutory Compliance like VAT and Tourism on monthly basis, Managing debt as well as equity funding. Implemented all necessary control to safeguard the assets of the Hotel.
• Prepared and interpreted the financial statements and reports of the Hotel. Maintained proper and complete records of the Hotel. Compiled together with other department heads, budgets and forecasts covering all activities of the Hotel Compile treasury, Cash Flow forecasts for the business.
• Managing external and cross functional stakeholders. Analysing financial performance against business metrics and documenting pertinent financial highlights that will enable management to determine progress against budgets. Coordinate and direct the preparation of budgets, financial forecasts & reports
• Managing all finance and accounting operations. Prepare and publish timely monthly financial statements. Coordinate the preparation of regulatory reporting. Research technical accounting issues for compliance. Ensuring the implementation and maintenance of control systems in Finance team
• Support month-end and year-end close process. Ensure quality control over financial transactions and financial reporting. Manage and comply with statutory requirements and tax filings. Develop and document business processes and accounting policies to maintain and strengthen internal controls
Handheld Botswana and Mauritius Accounting Dealing with State Govt for online bidding, Finance and Accounts day to day Operations- Budgeting & Variances Monthly P&L & Balance Sheet, statutory Compliance, handled finance and accounts of onsite projects at Mauritius & Botswana, Managing debt & equity funding, Audit. Co-ordinated with manager to strengthen key areas and target financial growth
• Responsible for enforcing the accounting policy across the business and legal entities, any exception to be approved by the Controller. Managing the month end activities, closing of sub ledgers, GL, reconciliations, balance sheet account analysis, deliver the accurate financial statements as a part of the month end close process. Identify problems and changing requirements regarding management needs
• Prepare month end analysis for P&L and Balance sheet accounts and share with Controllership team. Ensure appropriate financial policies, procedures and internal controls are in place, documented and also drive process improvements. Responsible for preparing and reviewing the Balance sheet schedules for Controllership review, highlighting and taking necessary action upon the issues appropriately.
• Manage financial close review with Controllership team including month end close call, finalization of P&L accounts and Balance Sheet, Trial balance. Interact and working closely with the Internal and External auditors on audit related queries and ensure smooth completion of the audits
Incorporated the changes in the billing, accounting and other administrative procedures to comply VAT formalities, necessary guidance with accounts team. Worked TDS and Service Tax liabilities and payment on due date. Prepared & filed Quarterly E - TDS Returns, Service Tax Challans and Service Tax Returns
• Managed the complete planning and management activities for ensuring completion of various internal audits within the time and cost parameters; preparing audit programs, scope for audit and responsible for delegation of work to subordinates. Evaluated internal control systems / procedures, preparing audit reports with a view to highlight the shortcomings and implementing necessary recommendations
• Provided recommendations on internal control, delivering final presentation before Audit Committee Meetings. Liasoned with Internal Auditor, Statutory Auditor & IFRS Auditor to complete the same
Responsible for preparation of Balance sheet as per Schedule VI of Companies Act Revaluation of debtors, creditors and bank facilities, Computation of Tax liability of Company, Partnership firms and Directors, ETDS, MIS. Maintenance of Books of Accounts in Tally 90 ERP & Diamond ERP Package
• Prepared and submitted quarterly E-TDS Returns of Salary, Contract Charges, Job Work, & Consultancy. Prepared Details of Block Assessments for Income Tax Dept to be submitted to Central Circle, Mumbai
• Develop and maintain financial accounting systems for cash management, accounts payable, accounts receivable, credit control, and petty cash. Manage the cash flow and prepare cash flow forecasts in accordance with policy. Keeping abreast of changes in financial regulations and legislation.
• Oversee the bookkeeping function including maintenance of the general ledger, accounts payable, accounts receivable and payroll. Ensure that the regulatory requirements of all statutory bodies are met Direct tax, indirect tax, Company law, payroll taxes etc. Analysing change and advising accordingly
Conducted routine audit of the company's functioning and reporting outcomes to the designated higher authorities. Special Assignments, manual preparation, audit assigned by the clients, from time to time.
• Performed consolidation of subsidiaries and generated Profit & Loss Account, Balance Sheet and Notes to Accounts. Prepared schedules and details as per accounting policies and ensured timely pay outs of bills Prepare dashboards for leadership. Analyze business to track & improve metrics & profitability
• Manage stakeholders & escalations. Responsible for driving change and operational management of the service line. Monitor industry trends and competitors, partner and client landscapes and build framework to translate market insights into business actions. Drive operational efficiencies and ensure goals are met
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courses: Certification in Advanced Banking